RT Andy (@ayyyeandy)🤯🤯🤯According to Matt Huang, Tempo chose to build a L1 instead of an Ethereum L2 because they think a "decentralized validator set is a necessary requirement for partners" to ensure credible neutrality.No mention of other economic reasons, or talk of a new token.He also wrote that they don't want to be dependent on the speed of Ethereum L1 progress.A reminder to everyone out there that crypto is entering its practical era.In light of regulatory clarity and institutional appeal, were movin ...

Decentralization & Infrastructure - Tempo chose to build a Layer 1 (L1) blockchain instead of an Ethereum Layer 2 (L2) to ensure credible neutrality through a decentralized validator set for its partners [1] - Tempo aims to be a permissionless chain, allowing anyone to deploy a token and transact on the chain from day one [2] - The company doesn't want to be dependent on the speed of Ethereum L1 progress [1] Market & Industry Trends - The crypto industry is entering its practical era [1] - The market is moving towards revenue/value territory, focusing on bringing all of finance on-chain [2] - The industry is shifting away from DAOs, fugazi decentralization, and overemphasis on idealism/tribalism [2] - Real-world usage and serious institutions require giving up on maximalisms, prioritizing practicality, control, and scalability [2]

Airdrop Details - Consensys-backed Ethereum L2 Linea launched its airdrop checker [1] - 750,000 wallets are eligible for the LINEA token airdrop [1] - Users need at least 2,000 LXP or 15,000 LXP-L to qualify for the airdrop [1] - The LINEA token launch is scheduled for September 10 [1]

Nearly $50B in Ethereum L2 volume last monthMarking a new all-time high on the Uniswap Protocol https://t.co/et8Acf2TFu ...

Technology Comparison - Starknet is presented as a superior alternative to other Ethereum Layer 2 solutions, similar to the experience of switching from Windows to a MacBook [1] - The author suggests that once users experience the quality of Starknet, they will not want to return to other, less satisfactory options [1] Sentiment Analysis - The overall sentiment is highly positive towards Starknet, emphasizing its excellence and discouraging settling for "good enough" alternatives [1]

Crypto Industry Progress - Crypto industry's current cycle focuses on institutions, laws, and infrastructure, contrasting with the previous cycle's emphasis on NFTs and DeFi summer [1] - The industry anticipates real adoption to commence now [1] Regulatory and Institutional Developments - Spot BTC & ETH ETFs launched in the US and globally, including Hong Kong, Brazil, and Australia [2] - Pro-crypto lobbying efforts in the US led to the ousting of crypto critics [2] - The GENIUS Act, FIT21, and the ending of SAB-121 were passed [2] Payment and Scaling Solutions - Payments players like PayPal, Stripe, Visa, and Mastercard integrated crypto and stablecoins [2] - Robinhood is developing an Ethereum L2 solution [2] - Blockchains are scaling, with increased Ethereum throughput, L2 fees at cents, and a more stable & faster Solana [2] - Circle IPO'd [2]

The progress crypto industry did this cycle is incredible:• Launched spot BTC & ETH ETFs in the US and globally (Hong Kong, Brazil, Australia)• Lobbied a pro-crypto position in the US. Ousted crypto critics.• Passed GENIUS Act, FIT21 and ended SAB-121• Payments players (PayPal, Stripe, Visa, Mastercard) integrated crypto and stablecoins• Robinhood is building an Ethereum L2• Blockchains scale: Ethereum throughput up, L2 fees at cents, Solana more stable & faster• Circle IPO’dLast cycle was NFTs and DeFi sum ...

🚨 BREAKING: #Optimism 🤝 Flashbots!A new alliance to supercharge OP Stack — faster, fairer & more customizable tx sequencing for Ethereum L2 users! ⚡Will this reshape the #Layer2 race? 👀 ...

Overview - Blockchains are emerging as Internet-native economies, making Chain GDP a significant metric [1] Arbitrum Performance - Arbitrum launched in 2021 and has become a leading Ethereum Layer 2 (L2) solution [1] - Arbitrum leads in total value secured, holding approximately $19 billion [1] - Arbitrum leads in perpetual futures (Perps) volume [1] - Arbitrum leads in fees generated [1]

Technology & Competition - The reasoning behind Bittensor's structure is analogous to Ethereum L1 and L2s [1] - There are no direct competitors to Bittensor itself [1] - Many VC-funded competitors exist for specific Bittensor subnets, such as subnet 4 (Manifold's Targon network) [1]