There's a conservative law in crypto-data that dictates all

There's a conservative law in crypto-data that dictates all data products will be replicated - and made free by a competitor. Especially for higher tier products.
Kaito -> Cookie
Nansen -> Arkham
A version of this applies to RPC / indexers too.

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i spend a funny amount of time thinking about how wikipedia is more decentralised than most L2s

There's this deep bifurcation in crypto that is not talked about. Most large pools of money will go into two forms 1. Large caps - mostly Btc, followed by xrp (Ik), eth and sol 2. cash flow assets - Ethena, hype, aave or - sites like pumpfun Brutal, efficient market

bid ask spread so wide i might as well do a direct wire to the market makers account skip the market altogether

spending sunday morning looking at products built on hyperliquid hyperliquid

There’s only two sources of edge in crypto 1. Information edge - usually a function of proximity to people 2. On chain edge - usually a function of being maniacal with numbers and pattern matching. If you are low on social bandwidth. All you have is on chain edge.

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.css-1iqe90x{box-sizing:border-box;margin:0;min-width:0;color:#EAECEF;}There's a conservative law in crypto-data that dictates all data products will be replicated - and made free by a competitor. Especially for higher tier products.

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There's a conservative law in crypto-data that dictates all data products will be replicated - and made free by a competitor. Especially for higher tier products.