gm. spending the last three months raising a newborn has really put some of the arguments we have on this site into perspective. i’m here to build a better, more decentralized and financially accessible world for my daughter.
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ohyeahdavid retweeted
If you're building on @arbitrum, you now have two new levers: Priority Gas Auctions for earlier execution, Fast Feed for faster access to ordered data. Perp DEXes, pAMMs, aggregators, market makers, this feature upgrade is for you. The end result should be faster apps on Arbitrum, and blockspace revenue that is generated by the forms of activity we see on Arbitrum flowing directly to the Arbitrum treasury. A major milestone day.
Arbitrum just got faster. Introducing Priority Gas Auctions (PGA) and Fast Feed, now live.
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today 🏌️⛳️
Tomorrow 🏌️⛳️
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ohyeahdavid retweeted
No downtime was experienced. What’s the concern?
Robinhood Chain experienced no downtime. Earlier today, Robinhood Chain experienced batch posting delays due to L1 market blob behavior. Direct user transactions experienced no delays. Some infrastructure providers that rely on Robinhood Chain’s data stream experienced a brief performance impact due to a high number of feed subscribers. Robinhood Chain remains operational.
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ohyeahdavid retweeted
NEW: Arbitrum confirms Robinhood Chain never experienced downtime. The headlines going around this morning were not nuanced as the tech is very complex at a lower level. I am extremely impressed by Arbitrum here and the market always has known that they excel at threading the needle for best performance and maximum censorship resistance & openness. Massive growth trajectory for them if they can keep opening up distribution. Rollup haters in shambles
Robinhood Chain experienced no downtime. Earlier today, Robinhood Chain experienced batch posting delays due to L1 market blob behavior. Direct user transactions experienced no delays. Some infrastructure providers that rely on Robinhood Chain’s data stream experienced a brief performance impact due to a high number of feed subscribers. Robinhood Chain remains operational.
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ohyeahdavid retweeted
This is the right take. Whether you are an L1 or an L2 and your customers have the ability to internalize a $100m business opportunity, it is incredibly challenging to offer a value proposition that will allow them to forego that. Arbitrum's platform strategy is to try and provide maximum value throughout the lifecycle of the journey. Whether you are an early stage DeFi protocol or the world's largest fintech organization, Arbitrum is the best place to build. The thing that (I think) we got right, is ensuring that we maintain economics throughout that journey. The next focus for us is to bring more products to market to support our customers in coming onchain faster. A LOT more on that soon.
. @arbitrum takes 10% of fees from RH Chain This chart looks like Arbitrum ceeded market share, but if they can power get 5-10 whales like RH and not get squeezed on economics over time it's a much bigger business than operating in their prior model (though they still have and emphasize the Arbitrum mainnet, and it's a great launchpad for companies achieving distribuiton prior to launching their own chain)
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securely frozen
Base Mainnet is currently halted while the team works on an issue with block production. All funds are secure, and we’ll update below once resolved. Appreciate the patience while we get it fixed.
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arbitrum's about to start winning even more
Compliance is a prerequisite for the programmable economy, not a later-stage add-on. With the Arbitrum Platform, businesses can configure permissions, transaction policies, governance, participation rules, and audibility directly into their infrastructure.
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there’s really no better option
Financial systems set a high bar. The programmable economy needs infra that can meet it. Here's what we're building for businesses: - Predicable unit economies - Compliance engine - Configurable confidentiality - Faster settlement times - Priority gas auctions And more 👇
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at least my jpegs are still nice to look at Edifice #954 by @bendotk
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ohyeahdavid retweeted
We're now Offchain. A new chapter focused on powering institutions as they move onchain. What we’ve built across @arbitrum, @prylabs and @zerodev is coming together into something bigger. This is just the first step. Stay tuned. offchain.io/
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ohyeahdavid retweeted
TLDR last 24 hours
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getting high on our own supply is an old past time by now #jpegsummer
Agentic payments will be a huge trend. But it's not here yet. I had the most bearish take in this article, and I want to explain why, because crypto has a bad habit of getting high on its own supply and giving unrealistic timelines about technology. Take the mouse. This is what the first computer mouse looked like. Imagine seeing this thing and peering into the future--no more terminal interfaces, now GUIs would onboard billions onto personal computers. You'd be right! But the first mouse was invented in 1964. It took many years before the mouse would be widespread and commercialized. This is where agents are right now. OpenClaw gives you a tantalizing picture of where we're going. But if you've actually used OpenClaw, you know it's buggy, complicated, and is not smart enough to have it manage your money. It routinely ends up going bankrupt doing stupid shit. That will change. Right now OpenClaw is using models out of the box on tasks effectively outside of the training distribution. That's why it feels so broken. But none of the labs have RL'd against OpenClaw traces yet--and those traces are rich with signal. Once you see the first lab-released Claw-style model and harness, expect a huge jump in performance and consistency. Every lab has tons of OpenClaw data now, and they're all working on this, because they see how big the prize is. Expect this to take some time. Right now it's just the tinkerers playing around with this stuff. x402 is only doing a ~million in volume a day (and MPP much less), which shows that right now it's just tinkerers. But a next generation of models will likely be released within months. That will spell the end of the tinkering era and the start of early adopter phase. But even that will be early. The early majority will take years. This is a long-term story--the early adopters, the early majority, the late majority, and then the late adopters. But agents are coming for everyone, and they will change how all money moves. As the @cdixon mantra goes: what smart people are doing on their weekends and evenings, everyone will be doing in 10 years.
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wagmi 🥲
My net worth peaked at $1.2 million. None of it was real. I don't mean that philosophically. I mean it was located on servers that have since been turned off. I own eleven properties in the metaverse. Three in Decentraland. Four in The Sandbox. Two in Voxels. One in Otherside. And a beachfront villa in Horizon Worlds that I bought for $214,000 because Mark Zuckerberg called it "the next frontier." The frontier closed last week. It's a mobile app now. Last year I mass DM'd 340 people the phrase "you don't understand how early we are." I have since stopped doing that. Not because I was wrong. Because most of them blocked me. I got into metaverse real estate in November 2021. Everyone was buying. Someone paid $450,000 to be Snoop Dogg's neighbor. In a video game. With no legs. The avatars didn't have legs. I thought that was bullish. "The legs are coming," I told my Discord. "Legs are a roadmap item." Three hundred people reacted with rocket emojis. I called myself a "digital land baron." I put it in my Twitter bio. I put it in my LinkedIn headline. I said it on a podcast that had eleven listeners. Three of them were bots. The rest were my alts. My virtual property has more square footage than my actual apartment. My actual apartment has furniture. Location, location, location. My most valuable asset was a plot next to a virtual Gucci store. Gucci left in 2023. The store is still there. Nobody's in it. It's like a mall in Ohio but with worse graphics and no food court. I held. Diamond hands. That's what we said. "Diamond hands." It means refusing to sell while your investment loses 94% of its value. We turned financial paralysis into a personality trait. A guy in my Discord paid $2.4 million for a 618-parcel estate in Decentraland. Prime district. High foot traffic. I asked him what "foot traffic" meant when the platform had 38 daily active users. He said I didn't understand the technology. I didn't. I still bought more. We had a DAO. A decentralized autonomous organization. That means we voted on decisions. There were nine of us. Three never showed up. Two voted on everything without reading it. The other four were me and my alts. We voted to "acquire strategic parcels." The vote passed unanimously. I voted four times. My portfolio peaked at $1.2 million. I told everyone. I made a spreadsheet. I projected 40x returns by 2025. I made a pitch deck. The pitch deck had a slide that said "WE ARE BUILDING THE DIGITAL ECONOMY." The slide had a rocket emoji. That was my entire financial model. In 2023 I bought a Bored Ape for $189,000. It's worth $14,000 now. I don't talk about the Ape. I still use it as my profile picture. People ask me about it. I say "I'm long-term bullish." Long-term bullish means I can't sell it without crying in a Panera. My mom asked me what a Bored Ape was. I said "digital art on the blockchain." She asked why it cost more than her car. I said "you don't understand Web3." She said "I understand you live in a studio apartment." She's not in my Discord. Justin Bieber bought one for $1.3 million. It's worth about $90,000 now. I felt better about mine after I heard that. That's community. WAGMI. We're All Gonna Make It. We said that every day. In the group chat. While the floor dropped. While the volume dried up. While 95% of all NFT collections went to zero. We're all gonna make it. None of us made it. But we said it with conviction and a laser-eye profile picture. That counts for something. It doesn't. But we said it did. That's decentralized consensus. Meta spent $84 billion on the metaverse. I need to say that again. $84 billion. More than the GDP of Luxembourg. More than the GDP of Iceland, Luxembourg, and Malta combined. They spent it on a platform where the avatars had no legs, the graphics looked like a 2006 Wii game, and the peak user count was lower than the lunch rush at a Chipotle in Des Moines. They just pulled Horizon Worlds from VR headsets. It lives on as a mobile app. My beachfront villa is now a mobile app. Location, location, location. Zuckerberg renamed the entire company for this. Facebook became Meta. A $900 billion company changed its legal name because the CEO watched Ready Player One and said "I want that." Reality Labs lost $10 billion in 2021. $14 billion in 2022. $16 billion in 2023. $18 billion in 2024. $19 billion in 2025. That's not a strategy. That's a speedrun. They laid off 1,500 Reality Labs employees this year. Shut down three VR studios. Killed Supernatural. Put the entire VR social vision in a casket and said "we're pivoting to AI and wearables." The pivot took four years and $84 billion. I pivoted too. I'm an AI real estate investor now. I bought a virtual plot in an AI-generated world that doesn't exist yet. The founder said it was "the intersection of spatial computing and large language models." I don't know what that means. I gave him $40,000. He has a whitepaper. It's 47 pages. I read the title and the tokenomics section. The tokenomics section is a pie chart. I love pie charts. They make everything look like a plan. The project has a roadmap. Q1: "Build community." Q2: "Launch beta." Q3: "Scale ecosystem." Q4 is blank. Q4 is always blank. That's where the exit scam goes. My accountant asked me to value my metaverse portfolio for tax purposes. I said $1.2 million. He said "current market value." I said $6,400. He stared at me for eleven seconds. I know because I counted. He asked if I had any other investments. I showed him my NFTs. He stared for longer. I told him they were "cultural artifacts with long-term provenance." He asked if I'd considered a 401k. I told him a 401k was "legacy finance." He told me to leave his office. The metaverse is dead. I don't accept that. I am a digital land baron. I own eleven properties across four platforms. I have a beachfront villa in a mobile app, a plot next to an empty Gucci store, and a cartoon monkey that cost me more than my actual car. Location, location, location. The location is nowhere. But I'm early. I'm always early. That's the same as being wrong except you get to say it with confidence.
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but what are these agents buying???
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capital velocity is unmatched on arbitrum
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institutions need a stable foundation to build on, and arbitrum's fees are the least volatile compared to base, optimism, and ofc ethereum L1 by FAR programmable economies. powered by abritrum.
Fees on the Arbitrum Platform have become more predictable during peak demand since the ArbOS Dia upgrade. For businesses operating onchain, predictable fees improve cost modeling and support reliable system design. Making programmable economies viable at scale.
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programmable economies. powered by arbitrum.
Programmable economies form when enterprises can innovate freely while staying connected to deep, shared liquidity. On the Arbitrum Platform, it's your rails, your rules.
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my productivity hack is actually less tabs, less windows, one screen and then ruining everything by coming here to post about it
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