Crypto Mumbles
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things I mumble to myself about crypto

basically my transparent crypto diary

education, analysis, and trades πŸ™‚

Twitter: https://twitter.com/dpycm
Medium: https://medium.com/@dpycm
Lifemax (non-crypto): t.iss.one/humblespace
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NFTs don't mean much other than the fact that it represents the amount of wealth you hold (like bayc/mayc etc.)

they are transferable given the right amount of money, but is that all NFTs can be?

Vitalik argues for a non-transferable alternative, one that truly represents a story behind it

great read imo

https://vitalik.eth.limo/general/2022/01/26/soulbound.html

#reads
gentle reminder to clear out your assets in binance.sg if they are still there

binance.sg is winding down it's operations in Singapore on 13 Feb
Modular vs Monolithic Architecture

A full-fledged blockchain is made up of three core components: execution, settlement, and consensus & data availability.

Monolithic architecture works in a way such that a full node has to execute every single transaction, limiting scalability.

Modular architecture separates the blockchain stack into more specialized components. Modular chains specialize in one or more of these components and outsource the rest to other specialized chains to achieve higher scalability.

welcome to Celestia !

https://knarb.substack.com/p/celestia-a-new-paradigm-in-web3-scalability

#reads
πŸ‘1
Despite the recent market volatility, certain collections have been standing well, proving to serve as a store of value during periods of extreme uncertainty.
First Principles Thinking by Sahil Bloom

shared an article by him previously as well on the Cantillion Effect
link here: https://t.iss.one/cryptomumbles/2090

"A first principle is a basic, foundational assumptionβ€”one that cannot be deduced or broken down any further."

I personally think it's a useful tool when doing research on your protocols -> drilling down to foundational truths and questioning innovation to produce an asymmetric outcome

definitely applicable outside crypto as well

worth a read!

#reads #newbie
whale buying activity has resumed

bottom sig? πŸ‘€

https://twitter.com/WClementeIII/status/1487080803448373250?s=20
wishing all my chinese subs a happy chinese new year! 🍊🍊

have a prosperous and HUAT year this 2022

in celebration of cny I'll be giving away some small angbaos to help you huat HUAT!

there will be a total of 5 winners, each winning a $10 angbao πŸ₯³
*you have to be in both discord and telegram channel to win
(see pinned message for discord)

raffle will close tonight @ 8pm

atb and huat!
πŸŽ‰ The winner is β€” @Aarontjm! Congratulations!

Number of participants β€” 90.
very quick summary of this thread about tips on how Duke Rick flipped 3 digits to multiple 7 digits

1. be early to protocols
2. find people to help and share alpha together while investing/trading together - your alpha group
3. flipping NFTs are a good way to build capital too
4. learn some solidity
5. don't give up too easily when you're down

definitely something to learn here for everyone

copy and repeat

#wagmi #reads
Crypto Mumbles
πŸŽ‰ The winner is β€” @Aarontjm! Congratulations! Number of participants β€” 90.
congrats winners!! 🀩

please pm @ayyitssdanny for verification

note:
if you do not claim within the next 4h then your angbao will be forfeited 🀧

congrats once again!

hope the rest of y’all are having a great reunion dinner πŸ₯³πŸ₯³
oop seems like i messed up the number of winners

polling one more time for the other 4 !

closes 10pm!
😱1
πŸŽ‰ The winners are:

1. @bearlastair
2. @airdelinee
3. @bosszuvi
4. Jeremy Chang

Congratulations!

Number of participants β€” 88.
πŸ‘7
Crypto Mumbles
CM's new discord! why the new platform? - sub-channels! (defi, nft, trading, etc.) - neater compartmentalization (reads, news, updates, etc.) - discussion chats on different topics - assigning of roles I'll be running both platforms so no worries as I know…
also, I realised some of the newer to discord people didn't verify themselves in the server

you have to verify yourself in order to gain access to the community and chats

just a tip for those that are wondering why there isn't anything

verification is just one click @ the verify-here channel βœ…

cheers!
πŸ‘1
Optimizing decision making efficiency

1. simplify bets
2. narrowing no. of bets to converge attention
3. discipline

simple stuff, probably heard it before

but extremely important and if executed well will bring you the fortune you desire

short read, encouraged!

https://wangarian.substack.com/p/sharpening-the-knife?utm_source=twitter

#reads #newbie