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Andy· 2025-06-28 01:30
RT Wei Dai (@_weidai)Who's building discovery platforms for MCP & A2A? ...
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Andy· 2025-06-28 01:26
Economic Security Myths Debunked - Delegation with slashing incentivizes careful operator selection, contrary to the belief that delegation negates security [1] - Relying solely on forking for security is impractical due to the time required, necessitating economic security for pre-fork finality [2] - Economic security can be automated through a market where users directly purchase security, addressing the issue of burnt slashed funds [3] - Economic security's failure to protect against liveness attacks stems from chain design flaws, not inherent limitations [4] Proof of Stake (PoS) vs Proof of Work (PoW) - Incentivizing stake is crucial, as committees alone resemble less secure systems like Libra [5] - While current PoS reward curves are arbitrary, market-driven security pricing can emerge through mechanisms like Stakesure [6] - PoW is essentially staking via mining devices, but PoS allows for burning or redistributing misbehaving miners' stake [7] Building Secure Chains - Security pricing is essential for resource provisioning and overall chain security [8] - Understanding economic security is crucial for building self-enforcing chains, contrasting with less robust committee chains [7]
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Andy· 2025-06-27 18:08
Idk man, maybe we need to think way bigger as an industry.It’s a triggering take to say that crypto is finally in a “meta” of profitability and it sounds dumb from outside looking in.Thing is, these assets & networks don’t fit tradfi models bc they are net *new* systems of coordination, so they’ve been treated and pushed as such by profit maximalists who created the exact system for self-benefit.Kinda ironic. What we really need is more and more self-policing which benefits the whole.Token transparency fram ...
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Andy· 2025-06-27 15:04
Market Sentiment - A bullish stance on 99% of tokens is currently contrarian [1] - The market sentiment is expected to rapidly shift with monetary easing and the end of Quantitative Tightening (QT) [1]
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Andy· 2025-06-27 14:07
Market Outlook - The industry anticipates a period of intense activity or "mania" [1]
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Andy· 2025-06-27 13:24
Staking & Economic Security - Staking yields should be low due to rare or non-existent slashing, as high interest for risk-free activities with slight liquidity disruptions is illogical [1] - The industry should be cautious about dismissing economic security, as increasing value on chains elevates attack incentives, and relying on social layers can lead to destructive politics [2] - Crypto-economic security aims to replace human interaction with enforced protocol rules; validators fearing slashing behave differently [3] - If a native coin isn't needed for security, it has little value, highlighting the link between coin value, incentives, and security [4] Tokenomics & Protocol Design - If security doesn't rely on incentives, the coin's value is questionable; equity issuance and stablecoin fees become viable alternatives [5] - More experimentation with slashing is needed in protocol design, balancing risk with worthwhile rewards [5] - A PoS chain with more slashing and higher inflation offers a sophisticated way to incentivize validators towards desirable outcomes, benefiting DeFi with risk-adjusted yield options [6]
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Andy· 2025-06-27 11:51
Gm. ...
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Andy· 2025-06-27 11:37
Technology & Security - The industry highlights the invention of Proof of Verifiable Work [1] - The industry emphasizes the need for a shift to ZK security [2] Incentives - The industry suggests a corresponding shift in permissionless node incentives [1]
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Andy· 2025-06-27 11:22
RT Shiva (@ShivanshuMadan)L1 token inflation is a down-only metricValidators will be incentivized by sustainable REV that the network generates, not made up token issuance ...
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Andy· 2025-06-27 11:20
Business Strategy - Software companies should aim to become platform businesses [1] - Companies should seek to create network effects, increasing product value with more users [1] - The industry believes most software products can be platformized [1]