What is Starknet?
Starknet is the compute layer/GPU of crypto!
Inventor of ZK STARK technology.
Powered DyDx, ImmutableX, Sorare and more.
Today,
3 out of top 10 perp dexes are powered with our tech.
Most complex fully onchian games are on Starknet.
Tomorrow,
Privacy (Zcash L2 potentially👀)
BTCfi (already offering best yield on BTC)
Decentralisation (Only L2 to make big strides here)
COME BUILD WITH US!
Especially if you have an ambitious idea that needs long term believers and massive compute.
Starknet, NEAR, ZEC.
Seemingly came “out of nowhere” but all three teams have been building for nearly a decade on some of crypto’s toughest problems.
So bullish on ZK, intents, and privacy.
Return to fundamentals.
Hyperliquid comparisons to every new kid on the block are misplaced.
Every new perp app gets compared to @HyperliquidX based on open interest and fees. However, we are missing out on the bigger picture.
Hyperliquid's transition to an L1 (HyperEVM) has been underestimated just as how @Starknet focus on BTC and privacy are.
As a Blockchain, Hyperliquid is among the newest chains and seems to be operating at break neck speed -
1. It's builder energy is pretty crazy with products like @hyperunit and @hyperbeat along with HIP3 I see a tidal wave of high quality products being built.
2. According to @DefiLlama , it has a 2 Billion TVL and growing. This is after the TGE BTW.
3. The team put in significant resources into building this a chain that feeds back to hyperliquid the app.
All things considered, I think they have significant lead especially with things that are not yet trackable on just a dashboard and 2 metrics.
This is happening tomorrow. Mark your calendars!
@zooko and I will be talking about privacy, ZK, Zcash, Starknet and everything that's interesting.
Join us:
Tuesday, Nov. 4, 4:00 PM UTC
See you then!
RWA is a regulatory play more than anything.
I spent some time reading through the @Securitize whitepaper and trying out the product.
There are only 2 things that are playing in its favour -
1. Regulations - it is one of the very few players with a bunch of approvals from the SEC.
2. Institutional fomo - Institutions want to experiment with tokenisation and the safe bet is to do it with a regulated entity.
While I don’t take away any of the progress Securitise has done which is great for advancing crypto, it’s very hard to build a company with just regulatory arbitrage.
My only question to @carlosdomingo is - what happens when there are many other well regulated entities spun up faster than you can reach escape velocity?
POW! has been live for 3 weeks, and we've already hit 9,000 users! Now is a good time to tell you about those avatars with Noggles.
POW! is Nounish. Nouns are pixel-art characters and if you own a Nouns NFT, you can vote for NounsDAO community projects you like. We built POW! with the Nouns ethos in mind: community-first, open-source, and featuring fun and cool art.
Your POW! avatar is Nounish. So drop it in the comments below!
Curious about the Nouns ecosystem?
X account → @nounsdao
Everyone wants a raging bull market but here’s the twist - RWA/Tokenisation stand to benefit the most from a bear market.
Yup, if you’re @Securitize or @OndoFinance then you’re praying for a bear market simply because most crypto natives with decent net-worth will want to diversify to non crypto related markets. Easiest way is to just press a button on their wallet to move gains to alternate/private credit funds.
**Applies mostly to already doxxed wallets. I’m sure as non kyc related products emerge, we’ll see even more flows.
Been introspecting lately, I'm more excited about crypto now than I have been in the past.
Few things excite me more than others & I'm gonna yap a lot about them.
Things like prediction markets and payments have enough written about them so I'm roughly gonna focus on -
1. Hyperbitcoinisation - @Starknet
2. Internet capital markets/Perpification - @HyperliquidX@OstiumLabs ( maybe a bit of @solana )
3. Tokenisation - @Securitize@centrifuge
4. Privacy - @aztecnetwork@Zcash
5. Crypto data analytics - @Aegis_fyi@nansen
Gonna write my thoughts, app workflows and everything else.
1/ All Bitcoin yields, one place.
Starknet Earn is now live in Beta.
One click to access every Bitcoin yield opportunity; simple, secure, and built for all risk profiles 🧵
Not only did Starknet break the all time record for highest UOPS on any L2(best tech), we also just overtook Uni chain in TVL(BTCfi brrrr).
The crazy thing is this is just the warm up, the actual action is yet to come.
Strap in, Q4 gonna be wild!
Got multiple people asking what’s cooking on Starknet.
Here’s a very simple answer -
BTCfi - Defi TVL going Brrrr
Perps - most top perps use stark infra
Privacy - the founder was founding team at Zcash
Activity - UOPS and TPS going Brrrr