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James
co-founder @monad and @category_xyz
former: @jumptrading, @GoldmanSachs, @jpmorgan, maintainer of @PythNetwork on @solana
hunsaker.eth
someone got paid to tweet this
Jul 24, 00:56
hurry up @_jhunsaker
16.07K
L2 activity falls off a cliff after the top 4 chains (link below):
1. base
2. arbitrum
3. op
4. unichain
base is ~50% higher than the sum of the next three (not sure if the plan for Ethereum was intended to be a DA layer for a centralized chain operated by a large corporation?)
you'll notice that none of these top 4 concern themselves with monad, it's always the L2s which have effectively no activity that are posting about monad
these are apples-to-oranges comparisons - trying to compare a centralized sequencer to a global decentralized network
they should focus on trying to move up the L2 leaderboard rather than worrying about the L2 roadmap (which they aren't succeeding at anyways) compared to another L1
28.39K
Thanks for having me on @ayyyeandy.
Jul 21, 23:18
NEW EP: The Monad Thesis With James Hunsaker
The real bottlenecks holding back crypto adoption are latency and economic incentives, not just TPS.
In today's episode, @ayyyeandy sits down with @_jhunsaker of @monad to explore:
> How Sports Betting Inspired Monad's Vision
> Why TPS Numbers Are Misleading
> The Truth About Latency vs Throughput
> If Market Makers Really Need Nanosecond Speed
> Why Infra Tokens Burned Out Investors
Full episode links below.
Timestamps:
00:00 Intro
00:46 Magic Ad
01:16 Starknet Ad
01:41 Current State of High TPS Chains
09:01 Exploring CLOBs
14:42 Making Quality Trading Systems
17:02 Builder and UX Tradeoffs
26:07 SummerFi Ad
26:49 Mantle Ad
27:29 James' Takes on Latency
29:02 Monad’s Transaction Processing Time
32:03 L1 App Value Accrual
40:08 Monad Eco Thoughts
45:07 James Reacts to His Tweets
10.5K
if it were up to me - there would be the equivalent of the Open Records and Open Meetings laws for foundations, DAOs, or any other supposed non-profit entities
failure to comply would result in severe tax penalties on any token sales or other revenues (probably the for-profit rate + 20%)
transparency should be a requirement in crypto
there could be provision for short-term competitive info (3-6 months) but really non-profits shouldn't be competing
failure to comply on a personal level (backroom handshake deals) could result in fines and imprisonment
the average participant or ct observer has little to no idea what's going on behind the scenes - it's time to change that
I can't unilaterally change this for monad - I'm not at foundation and many of the contractual requirements are not coming from foundation side anyways
7.83K
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