its a good time to start digging into the loans and debts that serve as the underlying claim relationships of our world as a hobby.
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franktheftank🔮 retweeted
Replying to @RyanSAdams
promoting lighter which doesn't actually post the data necessary to reconstruct the order book (which is exchange state) is actually doing a disservice to the other L2s which do post their data also having a 14 day force out window is crazy for a perps dex - promoting these designs will increase risk and eventually cost people money
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franktheftank🔮 retweeted
Monad Mainnet will launch on November 24th, 9am ET Waiting room 👇 x.com/i/broadcasts/1OyKAjABX…
Feel good to have a co-founder that can get the medicines and supplies when you are low on hp and bought the Tylenol for Infants(so much sugar) before you hearthstoned.
This is my initial chip, let's bankroll this by 1000x on Monad.
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These are the big ifs for Monad after they have killed the old model of public blockchain: 1. If they can help projects that have meaningful economic growth potential find capital so they can go beyond their current stage, then yes. 2. If they can go beyond L1 blockchain and become an ecosystem for innovation for stuff outside of crypto, then yes. 3. If their founders can continue working to deliver on a public blockchain that can help startups that would shape the future, then yes. 4. If they can attract a particular crowd and source of liquidity like Singapore has done in the early days, then why not, lol. 5. If they can help non-speculators make money, then yes. 6. If they can help people who will be replaced by AI and robotics in this era of structural change to not be left behind and still be able to keep up with the daily demand of everyday life. Your Uber drivers, your delivery persons, will not be left out, then yes. 7. If they could become infrastructure to de-risk investment and source opportunities, then yes. 8. If they could redefine what it means to be a public blockchain, then yes. 9. If crypto is more than just a casino, and they can prove that, then yes. The king is dead, long live the king.
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The premise is In a traditional blockchain, every node needs to re-execute the block computation. Assuming there are 800K nodes, the total cost is: Block computation × 800K With verifiable computation (e.g., zero-knowledge proofs or validity proofs), the execution model changes to: Block computation × 1 + Proof generation × 1 + Verification × 800K Since verification costs are only about one hundred-thousandth or even one-millionth of block computation costs, the total cost shifts from O(800K × block computation) to O(block computation + proof generation + 800K × block computation × 10⁻⁵) the hope is achieving computational savings by a factor of hundreds of thousands to millions.
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So it seems this can run full node on raspberry pie to validate for Ethereum L1?
Announcing Pico Prism, the state-of-the-art zkVM for Ethereum real-time proving. 99.6% of blocks proven under 12 seconds, 6.9s average with 64 RTX 5090 GPUs. This marks a major step toward scaling Ethereum by 100x and a future where you can validate the chain from a phone.
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In many ways, it is good there is so much fud about Monad right now. Please fud more so i can get in at a low price, preferably fud Monad to below $1B please, pretty please my brothers in the crypto 40k universe. #monadscam
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Anti-ponder: whatever scales extremely hard needs to have extremely frictionless social propagation. This has been valid throughout the age of mass media advertisement, it is the minimization of barrier that makes it social network the most exponential. Everyone is a marketer, but it all started with sharing content first.
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Ponder: social network is the way that younger generations see the world now. It is also how businesses seek in the world. With AI ubiquity, it seems there can be network economies of scale without social attention such as domain expert data curation.
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After talking to a few dozens of companies in the industries, I have somehow rewired my brain to appreciate the mindset of entrepreneurs in the real economy. Economies in efficiency gain, cost reduction, revenue expansion. The role of tech is to 10x that or transform the equation of scalability.
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franktheftank🔮 retweeted
My speculative predictions about how the Monad airdrop will work: - The Monad Cards will not automatically give you an airdrop. They will give you access to the airdrop and maybe a multiplier but some active participation will be required to get it. - The claim will be on Testnet. It will be some gamified thing where you go and use Monad apps and the Testnet MON you earn from trading or doing other things will convert into real MON at some rate determined by your discord roles, monad cards, ect… They need to reward the community and also attract new users, the above strategies are my educated guess on how they would need to do it with their current setup. I say this purely based on knowing the team from personal experience working there, they have not given me any clues aside from what has already been publicly stated. Monad does things different. It won’t be like anything else before and there won’t be hard guidelines for getting it. It will be ambiguous, and hard to game and that’s why it will work better than anything else people have tried before. They have likely put more thought into this than most teams put into building their entire chains.
franktheftank🔮 retweeted
for everyone that has suddenly gained interest in Monad (airdrop claim is live on Tuesday!) here is all you need to know 👇
Public blockchain is there to solve the biggest problems in the world through the smallest participants. Monad team is probably the most hardworking and attentive team in web 3 to meet the them. Personally I hope it can help companies fight tariff. :p
How can you be a Monad hater? A team that did everything the hard way: 1) In a world where everyone forks, they've been designing an EVM based L1 entirely from scratch. Every component reimagined and fit for purpose. It's gonna be 100% open source so every existing and future EVM chain will benefit from it. 2) In a world where teams are either technically gifted but bad at ecosystem building, or innovating on GTM but with low-effort tech, Monad has the full package. Ecosystem and tech have both been equal priorities. Keone and Eunice have been living out of a suitcase and building ecosystems the hard way, Vitalik-style. 3) In a world where so many projects go for the quick exit, the Monad team has been together working on the same project, with no token, for now almost 4 years. And yet from talking to them, you feel they still see it as day one. It's a rare energy. I'm an investor from a previous round but even if I weren't, there's no way I couldn't be at least a little bit impressed by that.
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My most presentable piece of topwear apart from shirt in my luggage bag is gmonad SM 1.1.4.0. If only gmonad is a fashion brand…
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A labor market economist asked what will happen to the workers displaced by AI? Some of them will join the AI industry as annotators and teleoperators, to help automate the industries they come from and make sure edge cases are resolved quickly and taught to the models. Robustness, reliability and trust fundamentally provided by human, not by transformers.
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AI has blurred lines between industries. Talking to many businesses in the past few weeks - factories, police departments, development banks, private lenders, clinics - has opened up my eyes. There are countless highly vertical niche physical markets that AI can 10x efficiency. Maybe hardware for each task is different, but working process is the same, tempered by high quality data curated by domain experts. So now, error collection -> data curation -> workflow automation -> errors collection will be the same for a lot of industries, t what is different is the initial specs.
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Control what you can, accept what you cannot. Surfing the Midcurve
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