Pinned In Defense of Exponentials I used to tell founders, the reaction you are going to get to your launch is not hate, it’s indifference. By default, nobody cares about your new chain. I have to stop telling them that now. Monad just launched this week, and I’ve never seen so much
Don't "work harder." Instead: Cut away distractions. Stop doing fake work. Ask for help. Plan. Solicit criticism. Automate what can be automated. Engage your mentors. Exercise. Get more sleep. Whatever you do, don't "work harder." It's pretty much never the answer.
Advice to men in their 20s: 1. Get better at speaking. Do embarrassing stuff like record yourself, Toastmasters, study good speakers and try to emulate them to try out their verbal techniques and see how they fit you. Charisma is the omni-skill. 2. Drink less, or not at all. It
Fucking wild. @OpenAI 's new o1 model was tested with a Capture The Flag (CTF) cybersecurity challenge. But the Docker container containing the test was misconfigured, causing the CTF to crash. Instead of giving up, o1 decided to just hack the container to grab the flag inside.
4 Lessons on losing lots of money (from someone who has done so many times) 👇
I passed on @solana 's seed round in early 2018 at $0.04. At current prices, that's a 3,250x. Solana was one of my first ever pitches as a junior VC, and back then I wrote memos for every deal I passed on (adorably naive and overconfident). Re-reading this memo now is peak
1/ Blockchains are not networks—they're cities. 🏙️ This simple mental model will help you understand why the L1 wars are evolving the way they are. New blog post + short 🧵
Damn. Bybit just released their audit report—the compromise was not Bybit, but SAFE's servers. They hot swapped the Gnosis SAFE UI with JS code that ONLY targeted Bybit's cold wallet. Independently confirmed by WaybackMachine snapshots. Lazarus Group is on another level.
The SEC's new "Project Crypto" is the most bullish thing I've seen in a long time from a regulator. Read the speech, it's incredible: * Almost all tokens are not securities * Want to discourage decentralization kabuki theater * Americans should not get excluded by IP/VPN blocks
Join @naval and I for a discussion on the Smart Contract L1 Wars, featuring @toly , @el33th4xor , and @ilblackdragon , the founders of SOL, AVAX, and NEAR respectively. Mark your calendar and come prepared to learn: this Friday at 3PM PT/6PM ET.
Dragonfly invested into PepperSec, Inc., the developers of Tornado Cash, in August of 2020. We made this investment because we believe in the importance of open-source privacy-preserving technology. Prior to our investment, we obtained an outside legal opinion that confirmed that
Yesterday I freaked out about the revelation that @Ledger could spit out your private key with a firmware update. Yet I noticed the smartest people were not freaking out. Was I missing something? I spent the evening educating myself, and now I'm in the "nvm it's fine" camp.
What Polymarket got Right that the Experts Got Wrong As the dust settles on the election, there’s a story that the WSJ and NYT didn’t tell you. While the mainstream news was busy with their TV pageantry and hedging on calling key swing states, Polymarket, the world’s biggest
My 2025 Crypto Predictions I'm either going to look like a prophet or an idiot over these predictions, but one thing is for sure: I'm going to piss off a lot of people with bags. Breaking this up into six sections: my predictions for L1s/L2s, token launches, stablecoins,
