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keoneHD
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Let's stop calling non-crypto-natives "normies". (Great way to scare them off.) What should we call them instead?
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keoneHD
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The Monad Foundation team has sent out initial invitations to participate in Testnet-2. With that said, I can't help but shake the feeling that we have missed some deeply technical solo validators that enjoy hacking on Proof-of-Stake networks. If you think this describes you, please send a brief email to
[email protected]
with some links to things you've built in the past and we'll get back to you asap. Thanks!
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Placing and cancelling 100 orders at a time on @CrystalExch is a powerful feeling. Great UX guys, keep shipping!
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I was re-reading @michael_lwy 's explainer on MonadBFT and the problem of tail forking. https://t.co/If3CjN8Uyk Tail forking is a massive problem for consensus algorithms descended from pipelined HotStuff. The possibility that a block will be tail forked disrupts any expectations of pre-trade privacy. In the extreme case, you get a remining of a block like in the Low Carb Crusader attack. MonadBFT fixes this!
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Would the Ethereum of today [proof of stake, i.e. lightly inflationary but mostly rebasing, with inflation rewards going to holders, with most payment activity happening using fiat-backed stablecoins] have been adopted in a parallel universe where Bitcoin [a 'hard' money system where tokens only are created only through demonstrably large amounts of work via trapdoor functions, and that intentionally only serves as a payment network on its own currency] had not been created? To what extent did we need to see how Bitcoin solved for decentralization and censorship-resistance, as well as the quirks and extreme costs, in order for the Ethereum construction to feel familiar but better?
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Monad to Millions Dear Founders, Startups grow in orbits. You have grown in the Monad ecosystem since Testnet launch. Many of you have user retention too. But you should also have a product that appeals to a wider audience than the Monad ecosystem. The way to find that out is to market outside the Monad Community. From the start of testnet until now, we saw founders who got traction in the Monad ecosystem. Many of you did very well in this orbit. Before the mainnet, it is time to test whether your product can get traction in the larger crypto industry and among non-crypto-natives. This is a chance to see if your product is differentiated enough from industry standards and appeals to the wider audience. Think in terms of orbits. Your home orbit is Monad. The Nads love your product and are having fun with it. So you are one of the best in Monad ecosystem. But now, with the same value proposition and product, can you excite rest of Crypto Twitter? That will be your next orbit. Eventually, you will have to prove whether your product appeals to people outside of Crypto Twitter altogether. That will determine whether you can go mainstream and achieve a massive outcome. In trying to achieve this, you will expose a lot of problems. You only solve those problems that are needed to get you the next level of growth. This helps you prioritize and allocate resources efficiently. Finding your wedge, cutting down unwanted features, running experiments to see what users desperately want, exploring different networks to onboard new users from, improving retention numbers in the existing users, all of this becomes your main job in the road to mainnet. Product and tech are the tools to achieve this growth. The outer rings of orbit await. 💜
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