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nickwh8te
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crypto apps that have found meaningful PMF
- perps trading
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nickwh8te
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people simply aren't bullish enough on zkVMs like @RiscZero and @SuccinctLabs zk is not just essential for scaling blockchains + interop which is already huge, but also for privacy, and not just crypto privacy but in web2/trad tech too there's a reason they call it moon math
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If economic security from delegated stake is a meme then what actually secures a staking protocol is: - the self-delegated stake of operators - the future revenue operators would lose from misbehavior - how collusion resistant the committee is
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"I think that all current staking designs of major assets are basically all derivatives of the Cosmos hot tub in Mexico design"-- @zmanian on the Celestia research forum. lmaooo 🤣
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prediction: the first protocols that attempt proof of governance will receive the same FUD as the first protocols that originally attempted proof of stake
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Bitcoin made it to stage 3
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