Interesting take on the market flows. I'm aligned with you on the AI thesis, especially projects like Botto that show the real potential of combining DAOs and AI in meaningful ways.
But the real breakthrough isn't going to come from memecoins. Platforms like Zora show that onchain tools and platforms can be powerful. The Hauk Tuah situation is a perfect example - pure speculation and borderline scams invariably backfire for mainstream adoption. Instead, when we focus on building platforms people want to use to create and earn, things really click.
Additionally, art has always adapted to new mediums, and moving onchain makes sense as the next step. Building genuine utility and cultural value will help us move past the skepticism and show what this space is capable of.✧
solana is facing networking issues due to very high volume. the more issues solana faces, the more bearish i become on all other general-purpose non ethereum layer 1s
building networks to handle tens, hundreds of thousands of TPS is extremely complex, as evidenced by solana's issues with downtime + current majority of non-vote txs being dropped. i don't think any of this is due to solana being built poorly, there are immense complexities to solve when trying to scale to support millions+ concurrent users
the longer solana is out there experiencing such high volume, the more they build a moat of technical improvements derived from real world experience. new L1s will increasingly struggle to challenge solana as the #1 monolithic L1. many new L1s are going to fall over as soon as volume increases
a "company" is always at risk of being toppled, but i think the mental model of "protocol" (ie: TCP/IP, HTTP) is even more apt. protocols with billions in TVL are very very sticky w/r/t their underlying protocol
pain
post 100k market pt 2
post 100k thoughts
But the real breakthrough isn't going to come from memecoins. Platforms like Zora show that onchain tools and platforms can be powerful. The Hauk Tuah situation is a perfect example - pure speculation and borderline scams invariably backfire for mainstream adoption. Instead, when we focus on building platforms people want to use to create and earn, things really click.
Additionally, art has always adapted to new mediums, and moving onchain makes sense as the next step. Building genuine utility and cultural value will help us move past the skepticism and show what this space is capable of. ✧
Test
test 2
test
almost 6 months of chop, i'm most interested in...
canvas
building networks to handle tens, hundreds of thousands of TPS is extremely complex, as evidenced by solana's issues with downtime + current majority of non-vote txs being dropped. i don't think any of this is due to solana being built poorly, there are immense complexities to solve when trying to scale to support millions+ concurrent users
the longer solana is out there experiencing such high volume, the more they build a moat of technical improvements derived from real world experience. new L1s will increasingly struggle to challenge solana as the #1 monolithic L1. many new L1s are going to fall over as soon as volume increases
a "company" is always at risk of being toppled, but i think the mental model of "protocol" (ie: TCP/IP, HTTP) is even more apt. protocols with billions in TVL are very very sticky w/r/t their underlying protocol
is this the end game?
alternative layer 1s
testing frames
everyone in new york