这个现象就是2017年联盟链的进化体。传统机构在每轮牛市都能从币圈上赚钱，并且养活了无数顶着 “数字资产总监”的中层管理人员。 这些人中，没信仰的把币圈的人当成赚钱的工具（很多项目方为了能出一个公告，不知道给传统机构塞了多少钱） 有点信仰的把区块链当成了云，是铁铁的后端saas. 这个生意是好的，今后也会有联盟链第三版进化。但我很清楚，mega 不是吃着一碗饭的。

one day, I would like to do a hero story of the @brix_money founders. they have overcome greate obstacles to bring this truly unique primitive onchain @alpergintr @degentellect are legends.

the real advantage that crypto native people have in ai is incentive and mech design we should be more confidant

got a few question on why it is so hard to tweet / communicate. as a part time journalist / writer, i am convinced that effective writing, deeply emotional writing, and most importantly authentic writing is a labor of love it requires 1) initial free flow of write-anything ( i now talk to ai and ask ai to transcribe) 2) 10 times if not 20, 30 times of editing. editing is more important than writing itself. you need to go on walks take showers, talk to others / ai in between edits. a lot of times, you just run out of idea or hit a wall and you gotta stop and probably hit the pilate studio 3) after all these trouble, you still need to decide if the piece should be published. those who read my writing know that i would draft up something, and then decide to never publish it, or publish much later, or significantly change the format surely one can copypasta clickbaity tweet all day and it will probably do well ( for the ai audience hehe), but for people love the writing game, and the benefits of it, it's pure hardship

i've always been openly critical about "performative community" as a unique phenomenon in crypto however, i've been genuinely impressed by the few die hard mega community members. at this point, they are not folks who " participated in our public sale" or who "got in early", they treat mega as their own responsibility which drives them to give me the most honest feedback i really treasure these experiences, because they are deeply emotional i treasure these emotional experiences because i know that in the future when all we have is ai feedback, i'd miss these human interaction very very deeply nothing bond people tighter than going through the ups and downs together

also i'm scared of ama because i havnt gotten rid of my white hair yet

i feel like i have not met anyone who's mid but has produced great work thanks to ai this applies to me as well. in areas that i'm not familiar with or lack structured thinking, my output is just bad no matter what. but in the old days, i'd just force myself to push through the steep learning curve. but now, ai gives me the illusion that i, somehow, understand just enough and can cheatcode my way through its an uneasy feeling, and i suspect im not using ai correctly. any tips?

yo, bro bing is sorry we've been quiet over the past 10 days, I’ve heard a consistent piece of feedback from the community: why is the mega core team so quiet? that observation is fair. We have been quiet, and the silence feels eerie for a team that prides itself on building in public. what’s happening behind the scene is that there were several things the ecosystem needed to ship before we felt comfortable being loud again. one example is the bridge. we discovered issues that required deeper fixes than we initially expected, and once we understood the scope, we decided to address them thoroughly. specifically, we are working on a true 1:1 bridge solution to complement multiple low-slippage options listed on Rabbithole another factor is our apps, which are literally breaking every obstacles imaginable and full speeding heading toward public launch (frfr). i know many die hard community memebers have tried them, and are giving feedbacks. to outsiders, it's true that not much progress has been updated so this is my attempt at changing it. btw, i dont have to stress this more but most mega apps are novel, and all of them are essentially money-apps. this means that even the smallest change can trigger deeper questions about risk, liquidity, ux change, and that means a much longer timeline ( often time surprisingly) @brix_money is working directly with Turkish regulators to bring iTRY onchain and enable the TL carry trade. The process involves regulatory engagement, banking partnerships, market maker coordination, and the development of settlement infrastructure that connects traditional finance with onchain systems. The team has started working with major banks in Turkey. The next step before rollout is to finalise the ops around settlement. @SupernovaLabs_ is building the first and fastest CLOB-based rates exchange for trading and hedging economically important numbers that don’t have liquid spot markets, starting with interest rate and FX. Their private beta achieves avg $300m in daily notional trading volume, totaling $10B+ in trading volume already. They are in active conversation with prime brokerage and institutions to bring more liquidity. Last but not least, they just onboarded ex head of growth at Ethena as an investor and advisor. @worldmarketsinc has been building a truly-onchain DEX (no asterisks) with functionality akin to FTX. Mega enables not only their matching engine but also the ATLAS risk engine, so users can “do more with their money.” Unlike FTX, the team deliberately chose NOT to have any form of a backend. WM epitomizes crypto’s original ethos. Currently, they’re in the final sprint of optimising UI and seeding initial liquidity to open up to more users. @hitdotone has just opened access beyond private beta. It is one of the most fun consumer crypto app we've seen, and more importantly the most thoughtful money app. Hit does not make money when users lose. there is no cap on profits, and positions can be held indefinitely. Hit is built on real market liquidity. There is no algorithm deciding whether you win or lose. @Euphoria_fi just concluded its grand Tapathon, giving away a Rollie and a trip to London to a skilled Tap Trader who made $71k in paper money. This served as a stress test for their protocol and MegaETH, fully exposed to the creativity of real users. This pivotal phase now leads right into a fast-approaching mainnet launch. khalas, i’ve learned from the last 3 weeks that despite the core team being more locked in than ever, we should still communicate our progress to the public going forward, we will resume hosting regular Discord AMAs and Twitter Spaces so the community can hear from the team and from builders across the ecosystem. qed.

me: eating frenshly-cut watermelon my mother (out of nowhere) : telling yourself you'll do it tomorrow is how dreams die. okay mom

ube is the new matcha black sesame is the new ube

RT @worldmarketsinc: When you're on World, open Inspect → Network You’ll watch your browser talk directly to the RPC in real time No backend servers. Just MegaETH

if anyone wants access to @hitdotone , let bro bing bing know! hit one is built on top of @worldmarketsinc. This is beautiful to see because a real ecosystem has its primitives intertwining with each other Layered Finance playing out nicely

as a chain, our goal is to support builders to achieve their product dream - this means both technical contribution and gtm contribution maybe CT people don't treasure these anymore, but to us, building an ecosystem is the utmost fun one can imagine because it feels like you are building 20 dapps at the same time

MegaETH powers extreme apps what do I mean by extreme? - extremely onchain - extremely fun - extremely exogenous - extremely creative - extremely lucrative just use "extremely onchain" as an example, we could have worked with a DEX that only uses the blockchain for settlement ( super easy). however, I ask our team: what's the point of building the fastest chain when the apps aren't using the power of the chain? use @worldmarketsinc as an example, the DEX has no backend. let me repeat: World Market is a DEX that has NO BackEnd. meaning no indexer-driven API layer, no relayer, and no centralized application server sitting between the user and the protocol. its UI talks directly to MegaETH’s JSON-RPC endpoints, can be downloaded and run locally, and anyone can build an alternative interface. that is prolly the most cypherpunk design you'll ever seen in the entire DEX landscape. most dexes introduce indexers, caches, and proprietary backends, which become hidden trust assumptions and operational chokepoints, in their design. WM relies directly on MegaETH RPC, it treats chain state itself as the application’s live data source. That makes the system more permissionless, more censorship resistant, easier to fork, and less dependent on centralized infrastructure. we built the most performant RPC infrastructure so applications dont have to be forced to go back to Web2-style architecture.

in addition, a few banking apps and atm machines are completely down. you cant withdraw fiat due to aws outage this is why v is right about building sanctuary technology. shit really hits the oil

my dubai whatsapp group is telling me that there's a discount on gold in the city because...well no one can carry that gold outside of the city bitcoin, habibi, bitcoin

*Fat Protocol Thesis---> Layered Finance Thesis* Apps > Chains is a belief that we hold dearly at Mega However, a simple interpretation that all value accrues to application, instead of protocols, misunderstands the original thesis ( this is also why DeFi apps rush to launch their own chain the moment they see some success ) The fat protocol thesis never meant that base chains would capture all economic value. It argued that open networks accumulate value because they coordinate shared infrastructure and liquidity. Early investors assumed base chains would automatically capture economic activity. Instead, the winners are protocols that control core financial functions: money, credit, exchanges, collateral, and settlement. imho, crypto is evolving into a layered financial system. Networks provide execution. Stablecoins form the monetary layer. Lending markets provide credit. Exchanges enable price discovery. Applications sit at the surface as user interfaces. AI, well, AI will be the fluid that runs throughout the layers

i ask myself from time to time, trading is cool and all that, but it's very clear that the technology and ethos behind crypto can be massively helpful in other aspect of our lives. for example, @getubitel is building the first decentralized eSIM marketplace on Mega. I can totally see a world where people who need to run away from war zone could benefit from such service. sure it probably doesn't' impact YOU who sits comfortably at home, but it's the type of sanctuary tech that when shit hits the fan, will be a life/death difference bonus: there's a privacy aspect to it as well!

I slid into @ImperiumPaper’s DMs after he wrote a long tweet questioning USDM. Needless to say, we started talking and then I just made USDM's success part of his success. welcome to the family 🌸

我是在穿过阿联酋和阿曼边境之后写下并发布这篇文章的。跨境过程大概一个小时，没有堵塞，没有过度官僚主义，丝滑得很。 过去48小时，我亲眼看到了几个导弹（我住的地方导弹多），也亲眼看到拦截系统在空中把它击毁。突然就对前两天在油管上看到脑总那期：文明的牛熊周期与技术的杠杆作用，有了切身体验。 技术很残酷。它会给人一种错觉，好像它总在使文明进步。但其实，技术只是放大了文明本来就要去的方向，就像加了杠杆一样。 在文明处于上升周期时，技术会成为生产力工具和协作工具。 但当文明进入下行周期，技术就会变味。它会变成注意力武器，甚至真的成为武器。 从这里，我就想到了币圈土著。为什么大家会这么没有底气？ 我不想重复那些OG已经说过的关于遗忘cypherpunk精神或者过于贴近传统金融的批评。我更关心的是两个问题：第一，cypherpunk精神为什么淡化了？第二，我们如何重新拾起它？ 加密从来不该只是一个资产类别。加密原本是要成为一个平行系统，一种重新架构金融的方式。 但后来，合法性突然被递到我们面前，而且来得过于轻易。人一旦尝过主流认可的滋味，就会渴望更多。技术作为放大器，自然会沿着阻力最小的路径前进，而那条路径往往是与既有权力结构整合，从而强化那种合法性。 很多今天被称为“胜利”的成果，在我看来更像是blockchain，而不是crypto。如果目标是成为传统金融的中间件，不如就把改名成一个以技术为主导的软件。 说到底，价格从来不是币圈原声土著失望的根源，真正的问题在于，在我们能建什么和我们选择建什么之间，我们做出了错误的选择。 回到战争本身。如果拉长时间看，文明确实有周期。作为中国人，我们从小读王朝更替的历史。但在那些帝王将相更迭的故事里，真正闪光的从来是个人选择。 币圈土著当初的成功，是因为我们不断指出旧系统的缺陷，并公开质疑它们。而不是我们被任何人讨喜。 很多朋友不赞成我跨境去阿曼，他们说边境开开关关，很混乱，让我留在迪拜。迪拜确实很舒适。但如果不亲自验证，我永远不知道那些说法是真是假。结果是，边境安静，人很少，流程顺畅。 世界短期未必站在我们这一边，但长期未必不是。对币圈土著来说，更重要的是不断校准方向，亲自验证现实，不迷信陈词滥调，给自己留出一条平行路径。 QED

I guess IRGC just taught the world why decentralization matters?

I’m sorry if I havnt messaged you back. still need to run mega while figuring life out + lots of writing dues

lied to my parents that I’m still in Singapore 🌸

刚才我楼上有一声巨响，空气中弥漫着一股硝烟的味道 我拿上包 下楼来上普拉提课 （还带了我的grip socks)

yo bing bing left @Consensys and joined @megaeth as cofounder wrote some long ass reflection piece on why i love building in the space remilio 👉👈 https://shuyao.substack.com/p/why-crypto?utm_campaign=email-half-post&r=1o7np&utm_source=substack&utm_medium=email