i don’t want to write about bitcoin l2s anymore

does nostr have ai slop too

hi nostr friends

nerd*

been in the void for months and am currently bullish on statechains and ark. I’m still need-sniped by rollups from a research perspective

Podcast on zkCoins // Shielded CSV is finally out.

It’s an introduction to a protocol that could be the future of scalable, private payments on bitcoin.

Available here. https://youtu.be/UZ446oRFnxQ?si=uDPOJaYLPuZQhku2

Stoked to be heading to nostr:npub1key55ax33gkl50uqemvl4khrtqrhzm7wzpc7fhseutt5ddkcwcrqgxlt3h this evening to talk about L2s, bridges, and more.

If you’re in NYC, come through. As always, if you manage to recognize me, I’ll buy you a beer :)

Yes

Stoked for this :)

Building these things on blockchains most of the time is just regulatory arbitrage. Coinbase can’t provide that

cbBTC is completely centralized and coinbase admits that in their docs.

However, base’s “bring the world onchain” marketing campaigns will handwave away the fact that the entire system users is permissioned and can rug them at any minute.

Users don’t change defaults. People won’t “go onchain”, learn how to use “crypto”, and then promote themselves to a more secure system. They’ll just stay on base. Coinbase will direct them there.

There’s nothing wrong with this from a business perspective. There’s a market demand. Coinbase meets it.

But if this is the endgame (we’ll see) for “Bitcoin DeFi”, we have little to no reason to build any of these applications on blockchains. You don’t need a blockchain for completely centralized application modules. It’s just a technique to provide some illusion of decentralization imo

If you see me at the bar, I’ll buy your next beer

This place is class

I don’t really see how any sidechain or rollup is a “bitcoin layer” outside of social consensus deciding that it is

I’ll buy first round :)

I’m going to nostr:npub1key55ax33gkl50uqemvl4khrtqrhzm7wzpc7fhseutt5ddkcwcrqgxlt3h Tuesday night. If you’re in NYC and want to grab a drink, let me know

not gonna lie

fact checking is a terrible business model

nostr:npub16fhh3ev4gytmt3jn3gkkez9z99kxtspcwupen4cxn2tcym4sd22surn62p - what are some questions you want me to ask the rollup teams next week on a spaces?

What are you doing here

Welcome!

The sentiment on Twitter is that this is the most exciting time for bitcoin “L2s” whilst tbtc on arbitrum has a better trust assumption than anything on the market