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Bonk Eco continues to show strength amid $USELESS rally
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Pump.fun to raise $1B token sale, traders speculating on airdrop
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Boop.Fun leading the way with a new launchpad on Solana.
jill | espresso ☕
chief tactics officer @EspressoSys ☕️ jrg.eth
The problem with current crypto market structure is that every player — from the largest venture funds to the smallest yapper — is playing a completely shameless short-term game
24.7. klo 23.34
Celestia foundation & private investors announce a buy out the entirety of Polychain’s remaining $62.5M of TIA.
Unlock schedule remains the same & they will be un-delegating their entire staked holdings and conducting the transaction ASAP.
This comes after multiple weeks of FUD directly at Polychain dumping their TIA, to the tune of ~$250M.
This very much feels like a ‘worst is behind us’ moment for the Celestia brand & team, which has been battered by FUD. You can start to see the light, amidst a horrific 18 month bear market.
Spoke to John Adler on The Rollup TV earlier about the upcoming upgrades to Celestia, notably Proof of Governance and a renewed focused on tokenomics.
Interesting times.
15,84K
jill | espresso ☕ kirjasi uudelleen
☕ gEspresso! The @EspressoSys community is growing and looking for local ambassadors to help spread the word and connect with builders across the globe.
Currently focusing on Asia, especially:
- Japan🇯🇵
- Korea🇰🇷
- Turkey🇹🇷
Know someone who'd be a great fit? Or want to join yourself? Apply here! 👇
2,98K
jill | espresso ☕ kirjasi uudelleen
Launching a chain isn’t just a tech move anymore.
It’s how you rally people and prove you’re serious.
@jillrgunter on how @Uniswap’s validator network echoes what @EspressoSys is building.
Fast finality, secure confirmations is where it gets real.
Ep 28 of my remixing journey
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jill | espresso ☕ kirjasi uudelleen
Speaking of onchain* what’s the actual difference between onchain and offchain?
- many independent operators need to be hacked for the service to violate its promises
- measurably high cost of carrying out such an attack
One basic promise is that money won’t be stolen from you while you’re asleep. But since users want more out of onchain apps than a secure piggybank, another equally basic promise is tx finality — that once confirmed, a tx won’t revert. Or that real-time update you just read from the app is accurate.
If an app wants to simultaneously provide these services with good UX (fast, low latency) and onchain-grade security, then it isn’t enough to be a rollup, it needs to be a rollup on a *fast base layer* that provides *fast finality*.
Ethereum is a very slow base layer. But fortunately it’s possible for rollups to use an another faster base layer, while still keeping the benefit of having a liquidity bridge to Eth mainnet. In fact they could have multiple liquidity bridges, to Solana, Avalanche, Agglayer, etc, at the same time.
16,12K
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