Lanor (@lanor) • Hey
Just a crypto bro
Publications
- Polygon’s Mudit Gupta said that despite moving fast in theoretical security, the crypto space is “so far behind” when it comes to practical security.
[Lost keys have already cost billions of dollars, many more at risk — Polygon exec](https://cointelegraph.com/news/polygon-crypto-lost-keys-have-already-cost-billions-of-dollars-many-more-at-risk-polygon-exec)
Polygon’s Mudit Gupta said that despite moving fast in theoretical security, the crypto space is “so far behind” when it comes to practical security.
- The firm behind ChatGPT is seemingly under pressure from other available open-source AI models and is prepping to enter the space with one of its own.
[OpenAI preps release of open source AI model: Report](https://cointelegraph.com/news/open-ai-prepares-release-open-source-model)
The firm behind ChatGPT is seemingly under pressure from other available open-source AI models and is prepping to enter the space with one of its own.
- Coinbase’s chief legal officer Paul Grewal expressed his concerns over the SEC's response, asserting that they will happily continue overseeing the sector via regulation as enforcement.
[SEC seeks denial of Coinbase petition for imminent crypto rules](https://cointelegraph.com/news/sec-rebukes-need-for-imminent-crypto-rulemaking-seeks-denial-of-coinbase-petition)
Coinbase’s chief legal officer Paul Grewal expressed his concerns over the SEC's response, asserting that they will happily continue overseeing the sector via regulation as enforcement.
- HOW TO PREPARE FOR EIGENLAYER TESTNET ⚡️
This could be one of the next big trends.
Eigenlayer: A protocol on Ethereum to "re-stake" your ETH.
How does it work and is there a potential big airdrop?
🧵👇
1/7
What is EigenLayer?
EigenLayer enables ETH stakers to restake their ETH or LSD (stETH, rETH) to secure other apps on the network, earning additional rewards.
Users opt-in Eigen's smart contracts and stake to earn interest on top of the existing ETH POS interest.
2/7
How does EigenLayer work?
You can refer to my thread from January to learn more about the technical aspects, if you wanted to:
https://twitter.com/OlimpioCrypto/status/1610013658125328384
3/7
Status of EigenLayer
The initial phase of the three-stage launch plan for EigenLayer's protocol, the Stage 1 Testnet, was unveiled by the company on the 6th of April, 2023.
This testnet is not incentivized. But you can try it now! 👀
4/7
STEPS TO START: (this is in Goerli Testnet)
1. Get Goerli ETH on faucetlink.to/goerli or faucet.paradigm.xyz
2. Switch your wallet RPC to the Goerli Test Network
3. Send some Goerli Test ETH to this address 0x1643E812aE58766192Cf7D2Cf9567dF2C37e9B7F to get stETH
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STEPS CONTINUED:
4. Visit goerli.eigenlayer.xyz and connect your wallet
5. Click the “Lido Staked Ether (stETH)” option
6. Enter the amount you want to deposit and stake the stETH you just received
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7. Approve and confirm the transaction
8. See your balance on the dashboard.
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POSSIBLE AIRDROP?
• Not likely, for now.
• They have not confirmed any airdrop.
• Testnet is not incentivized.
However, it usually is a good idea to be an early adopter in the crypto space. It might pay off! 🪂
Moreover, this is a testnet, so no capital is needed.
⚡️
- Rubik building
- In April there hasn’t been a single day where total sellers on the market haven’t exceeded total buyers.
[NFT markets are out of balance with sellers dominating](https://cointelegraph.com/news/nft-markets-are-out-of-balance-with-sellers-dominating)
In April there hasn’t been a single day where total sellers on the market haven’t exceeded total buyers.
- Imagine if there would be a way to incentivize projects to start by sharing their post and progress on Lens. Maybe the collect feature could be a way to fund new projects that are important for the community.
- First step for humanbeing to enter the interstellar civilization though it's not successful enough.#Starship
- Nexon is the native and only lending protocol live on the #zkSyncEra. WAGMI
https://twitter.com/PythNetwork/status/1649102220162482197
- Ready to jump into the zkSync Era and bridge your funds?
We've got you covered with a step-by-step guide to making the process smoother than ever before.
Checkout: https://nexonfi.substack.com/p/zksync-era-bridge-guide
- Nexon Finance mainnet is live on #zkSync Era 🔥
Checkout: https://app.nexon.finance