Balaji

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Balaji· 2025-08-02 05:11
For example, with even 10 BTC you can set up a hub for a small community, much like a centralized exchange.So long as no individual settlement is over $1M USD you can handle most of the community’s business by just doing offchain settlement between parties.Yes, that hub is trusted, but the goal after all is to eventually rebuild high trust societies. And software is complex, so you can minimize trust but not eliminate it. There is some code whose correctness you will need to take on trust. AI can help, but ...
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Balaji· 2025-08-02 05:00
The way Bitcoin scales is offchain and other chains.Practically speaking, you either load BTC into an exchange and then do offchain transactions, or use something like wrapped BTC on another chain.That’s more hub-and-spoke than fully p2p, but anyone with BTC can set up a hub.Omid Malekan 🧙🏽♂️ (@malekanoms):It's a quiet day in the markets with not much going on and a friend just asked me why I hadn't been more vocal on Bitcoin L2s, so here goes:I have a moderately strong intuition that none of these will ev ...
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Balaji· 2025-08-02 03:58
Content Creation & Strategy - Every startup needs a founding creator who articulates the product's purpose before launch [1] - The founding engineer focuses on the "how," while the founding creator focuses on the "why" [1] - Outsourcing content equates to outsourcing a company's competitive advantage [1]
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Balaji· 2025-07-29 19:50
Core Functionality & User Base - Replit simplifies conceptually easy tasks, aligning with the minimum description length (MDL) principle in computer science [1] - Replit empowers nontechnical users to materialize their ideas through prompting and interaction [2] Use Cases & Value Proposition - Replit is highly useful for data analysis, CRUD applications, and API sample code, even for skilled developers [1] - Replit facilitates rapid prototyping and demonstration of ideas, enabling users to showcase their vision [2]
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Balaji· 2025-07-29 04:59
Decentralized Data Layer - The ledger of record is defined as the collection of cryptographically signed feeds of on-chain data [1] - This ledger encompasses various data sources, including social media feeds, data APIs, event streams, newsletters, and RSS [1] - The industry anticipates that building this decentralized layer of facts will take years [1] - Ultimately, it will serve as the foundation for all narrative [1]
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Balaji· 2025-07-29 04:57
As blockspace increases, the idea of the ledger of record is becoming more feasible.As AI progresses, the ledger of record is becoming more necessary.It means the only truly verifiable citations are links to onchain data via block explorers.Crypto is what AI can’t fake.a16z (@a16z):.@balajis says AI is widening the verification gap. A massive number of jobs will be needed to close it.Prompting floods the world with fakes. Crypto brings back proof.“You're gonna need cryptographically hashed posts and crypto ...