Oceans of Wisdom

and part of what has been an issue for me

yes i am going to be spending more time

lol

is the UI 100x better than the UI of Safe, of an Ethereum client, of anything near a blockchain

no

is the UI quite as good as a mature web2 company with hundreds of millions of users and billions of dollars of revenue?

it all depends on framework

and people who think the UI is bad should try to I dunno participate in Bittensor :)

and I am not shooting the messenger

we will run SZN11

there is a reason

get the twitter and discord folks to spend more time here

forever

daily reminder for ever

all fair, all normal

you cannot do the opposite

you can build permissioned systems on top of permissionless ones

about 3,000 orgs, mostly financial institutions have access to it

Fedwire is not open to all

it is still a vastly better system when the permissionless layer is open to all

and even if most people most days are using a permissioned L2 for their coffee + points

is a big deal

to an exciting new business opportunity

the fact that crypto has gone from toxic to tradfi

I would say we are about 5 years away from this now

Amex gets the sequencer revenue and kicks back some to you in the form of "points"

or L2

but your Amex Rewards cards with points is on an L3

that big institutions and OGs transact on mainnet

is the same structure will emerge here

to me the most likely end state

where the base layer is something like ETH mainnet

trad finance is a 3 tier system

and then it settles over so often to an L2/L1 for finality

the normie experience is going to be more like Barclays L3 and there the chain is effectively permissioned for small value retail transactions and Barclays can roll it back

these types of hacks have happened on RTGSs

i think this will emerge. this is a L2 or L3 system. the issue today is that banks and consumers alike are interacting on the RTGS (Real Time Gross Settlement system) like Fedwire in the USA or TARGET2 in Eurozone or CHAPS in UK) if you send the money to the wrong person (as a bank) on Fedwire and it goes I dunno to the Philippines, the Federal Reserve is not reversing the transaction to give you your money back

I am not important per se or I should not be important. what should be important is the system

maybe. i think of the question in the opposite way. the system is mature when it does not matter if my identity is revealed. e.g. if you kidnap Vitalik, there is nothing you can do to Ethereum - it will continue to work in the exact same way

is "send all your NFTs to @[maybe]"

and what is sent to your wallet to sign

and the FE continues to show this

so it would be something like: "you go to sign 'sent 0.6529 to subscription' "

and replaced it

they waited until bybit made a real tx

but the nature of the attack wasn't that they made a fake tx

in practice for now individuals are at zero risk from NK targeted attacks

they are very capable

to be more precise

they are very good