We just published a monster crypto reading list on with ! Please recommend any crucial works we missed! a16z.com/2018/02/10/cry
nis.eth’s posts
the next gen web3 wallet will use one seed phrase and automatically support all chains/layers.
it won't require the user to manually switch networks, it will know what network to use based on the app its interacting with
bridging assets will be seamless and abstracted
“The most powerful person in the world is the storyteller. The storyteller sets the vision, values, and agenda of an entire generation that is to come.”
— Steve Jobs
all web3 projects should build towards full decentralization, on principle
more than ever, current events underscore our responsibility to do this
joining a DAO in the 2020s equivalent of moving to SF, joining a startup, getting an iphone 15 years ago
YouTube will go down in history as a more important repository of knowledge than Wikipedia.
L2 is most exciting about doing things impossible on L1, not just doing the same things cheaper/faster
1/ Crypto has the potential to be the most social, inclusive, liberating, challenging, optimistic, and revolutionary technology wave to date.
This is why I believe the next gen of devs and CS students will choose crypto as their area of focus, over popular disciplines like ML👇
I'm starting a new project/protocol/company.
It's called Mirror. 🪞
We'll be sharing our journey in public, starting today.
This week, we're working on the BRAND, among other things.
A thread of our process and inspiration below.
We are still in the “touching the elephant” phase of the crypto technology cycle.
Why aren't we doing onchain HTML nfts instead of onchain SVG nfts?
Much more interesting possibilities w/ HTML.
One way Twitter is superior to blogging is its ability to *natively* cite people and ideas.
A mention notifies a person they’re being discussed.
Reader sees link to their profile.
Quote tweet embeds *actual* source material AND pings author.
A more powerful, viral hypertext.
1/ Calling all dApp developers: I wrote a tutorial on how to build a decentralized social network (on Arweave)
Try it out and give feedback! feedweave.co/post/47zeUWFxr
Here’s why I built this and how the architecture can enable a new wave of composable social software 👇
Computers are machines for processing information.
The internet enables a free and global flow of information.
Digital cameras turn images into information. (Instagram)
GPS turns location into information. (Uber)
Cryptocurrency turns money into information. (...)
An NFT is an option on something you post online becoming culturally significant.
Are you looking for an easy to use React Hooks library for building on top of Ethereum?
Check out ✨wagmi✨ by !
The future is roving pseudonymous quartets going on raids to fulfill bounties for DAOs:
- PM
- smart contract dev
- designer
- web dev
If you understand compounding effects, it’s obvious that hyper-transparency of the crypto space (Twitter debate, radical open source of all tech, all data public on-chain) gives it historically unprecedented evolutionary momentum as a technology.
VR and AI don’t come even close.
there's a dissonance in the common thesis around decentralized social networks
i think you need a killer app/client with product-market fit first, focused on users
then it becomes attractive for devs to build new clients
otherwise you get a bunch of hackathon-grade demo apps
the rate at which crypto is growing compared to how much the tools suck feels truly unprecedented
the most powerful kind of product market fit
What are the best modern resources for a young person with no prior programming experience looking to learn web development?
New post 📝
Bridge Pass— or how to make L2 bridging fun with NFTs
"Imagine if every application on the Internet by default had a zero-downtime, publicly exposed API"
Over the past few hours, 2,300+ NFTs were collected of 's $OP token announcement post.
Collectors paid ~$0.60 in gas to mint the free NFT, 100x cheaper than on mainnet.
L2 is here 😈
1/ “Worse is Better” philosophy:
- half-baked solution (50% functionality)
- spreads like a virus
- evolves/improves after it is deployed
Is better than a system that is:
- “the right thing” upfront
- takes a long time to get to market
- over-engineered, monolithic
got to speak w/ parag a few months ago and tell him about mirror. was extremely impressed by his deep understanding and curiosity about web3.
can only be excited about twitter's next chapter that takes innovation outside of bitcoin seriously
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Deep gratitude for @jack and our entire team, and so much excitement for the future. Here’s the note I sent to the company. Thank you all for your trust and support 
twitter.com/jack/status/14…
twitter.com/jack/status/14…
media DAOs will be the first billion dollar DAOs
- easy to coordinate: commission work from artists
- business model fit: sell NFTs
- route on-chain revenue to token
- easily finance (crowdfund, sell edition)
- viral media => network effect
start a media DAO on today
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"It's exciting to imagine a future where DAOs function like decentralized media companies. A creator DAO could honestly be a bunch of talented artists who come together and create multimedia projects on their own with no company" --@pplpleasr1 at #EtherealSummit
thiel fellowship but it's a DAO that gives out ETH. the recipient is encouraged to airdrop the DAO if they make something valuable
Why freelancers will prefer DAOs over startups...
— startups don't give contractors equity
— DAOs give everyone tokens
1/ Funding news is great, but if you really want to understand what Mirror is and what we're working on:
— follow us on twitter
— read our dev log dev.mirror.xyz
— join $WRITE RACE mirror.xyz/race
A glimpse of what you can do on Mirror today 👇
I wrote a post on open source and crypto:
- the differences between software tools and services
- how the stateful nature of software services led them to be closed
- how crypto networks can catalyze new open services that reignite innovation
A billion dollars worth of bitcoin.
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Every wallet should get a website that can get configured onchain by the owner.
What are the longest running pieces of software you can think of?
E.g. Wikipedia (17 years), Bitcoin (9 years)
If you’re not sharing your ideas through writing online, you’re leaving money on the table.
NFT project request—Artist-owned gallery
- Crowdfund ETH to subsidize minting gas costs (can use )
- Offers guarantees to up-and-coming artists
- Artists get ownership stake in gallery in exchange for exclusivity
- Creator share of NFTs goes to gallery token
The beauty of making an NFT is that it can onramp you to ETH without needing a fiat onramp.
can wallets stop asking us to switch networks and just queue up the transaction on the right network?
Amazon => Marketplace
Etsy => Marketplace
Airbnb => Marketplace
Uber => Marketplace
Doordash => Marketplace
Ethereum => Economy
1/ Every crypto game I’ve tried is preoccupied with selling items/collectibles and is completely missing any thoughtful gameplay aspects. Dungeon crawlers from the 70s had more interesting mechanics, with similar (or worse) resource constraints to blockchains.
Mirror now supports a full suite of tools for running a Media DAO 📰
- collaboratively publish (permission protocol)
- finance project and create community (tokenized crowdfund)
- use NFT business models (auctions, editions)
- share upside w/ contributors and community via token
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Collaborative publishing is now enabled on Mirror
dev.mirror.xyz/WPnZICvS2XbHJQ
I think the biggest success of so far is attracting the most ambitious people and projects in crypto.
put aside some time to play with L2s tonight... bridged some ETH to Polygon... realized tx fees are actually denominated in a token called $MATIC. now i'm stuck and need to bridge again 🥴
Why do crypto projects love using emoji for their brands?
🦄 ⚡️ 🍣 🍠 🌈 👩🌾
Emoji is a global, interoperable, permissionless protocol that injects a recognizable brand anywhere that supports text.
And everything supports text.
DeFi => Money legos
Emoji => Brand legos
Building in public will be table stakes for the best companies in the future.
Huge advantages for recruiting talent and marketing your product.
Founders and teams that can do it naturally and uniquely, in a non-cringe way will crush those who can't.
wouldn't it be cool if... deploy automatic DAO to bid on any NFT auction
call it PartyBid
- constructor: auction_id
- anyone deposits ETH, gets back an ERC_20
- contract automatically bids on auction
- if win, funders get fractional ownership in NFT
- if lose, funds returned
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it's friday night, let's build a mechanism together!
quote tweet with "wouldn't it be cool if [your DeFi/NFT/other idea]"
then me, you, and your tl can jam on itNon-fungible tokens are a big deal because most desirable physical things are already “digital goods”
Their perceived scarcity is derived from their limited quantity in the real world, an inefficient “proof of work”
But their status + value is ascribed digitally on social media
Not sure who needs to hear this but...
NFTs aren't only a means of monetization, they're also distribution and community building tools.
Crypto composables (ERC-998): Any non-fungible token can own another non-fungible ERC-721 or standard fungible ERC-20 tokens. "a cryptokitty may own a scratching post and a feeding dish; the dish may contain some amount of fungible “chow” tokens"
1/ Expert opinion of the day dismissed the possibility of:
- gas lighting
- steamships
- incandescent light bulbs
- telephones
- gasoline engines
- powered flight
- alternating current
- radio
- rocket propulsion
- nuclear energy communication satellites
- mass computing
-
One metric of crypto ecosystem health is the proliferation of different project trackers and analytics dashboards.
Blockchains allow anyone to build one w/o permission.
I compiled ones I follow (~38) into an “awesome list” on GitHub. What did I miss?
saw a really crazy experiment during the team demo today
mirror plugins gonna be wild 🤯
Mirror now composes with all Ethereum NFTs, with inline minting.
Big step forward in NFTs becoming even more first class on Mirror!
Try pasting your favorite Zora, Manifold, or Sound drop into the editor and seeing what happens 👀
Quote
1/ Introducing 
Collectable Embeds
Embed NFTs from across Ethereum into your Mirror posts, and let readers collect inline.
Collectable Embeds
Embed NFTs from across Ethereum into your Mirror posts, and let readers collect inline.
Entering the phase of the project where you have lucid dreams about it every night.
Replying to
Just realized summoning Captain Planet was a multi-sig transaction.
GIF
MSCHF as a DAO:
- Crowdfund a few thousand ETH.
- Community submits cool web3 drop ideas.
- DAO members vote on the next drop from list.
- Teams apply to build drop and get selected and funded by DAO.
- If drop has revenue, % goes to DAO treasury.
You wouldn't tell someone MP3 means MPEG-2 Audio Layer III
You shouldn't tell someone NFT means Non Fungible Token
MP3— free digital music
NFT— ownable digital media
Kurt Vonnegut predicted AirPods in 1961.
In “Harrison Bergeron” intelligent people are required to wear an earpiece that is always interrupting them with a distracting sound, not allowing them to complete a though that takes more than a few minutes to formulate.
Mike wrote the extremely influential "Protocols, Not Platforms" paper in 2019.
He is writing a sequel paper on NFTs, called "Newly Finite Themes", and crowdfunding it on !
The output will be a public good and also minted as an NFT owned by the backers! twitter.com/mmasnick/statu
This post is unavailable.
How do I import my into so they can live on my LAND plot? Excited about the ERC721 remix/mod community.
Three things I find really cool and think have a lot of potential:
- computers
- software
- the internet
A DAO is an internet-native, multiplayer economic entity.
A DAO has a token, and the ability to finance itself + generate revenue on-chain.
Things that aren't DAOs (but could evolve into):
- A subreddit
- An open source project
- A discord
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What makes a DAO a DAO and not an online community?
IMO
- meaningful governance practices
- something to govern
- open access
- what else?
A DAO is similar to a GitHub repo.
Instead of managing files of *code*, it updates a *live and running* program in real time.
Any change == pushing to master and deploying to production.
Administrated by broad community instead of few core devs.
Combined w/ internet money.