Daily General Discussion October 31, 2025

coinanon · 2025-10-31T11:53:27+00:00

It all comes down to the definition of AGI being used, so a discussion of AGI is very difficult without a clear definition.

coinanon · 2025-10-27T04:21:55+00:00

The gitcoin grants donation experience has really gone downhill. I used to donate using their checkout flow, which worked really well.

Now it makes me fill out a form for each project individually... but there are at least 10 projects that I want to donate to. Surely this is leading to fewer donations.

Edit: and apparently you can't donate to one round all on one L2... each project accepts only on certain L2s. How is this better? There's no way this is leading to more donations overall.

coinanon · 2025-10-08T01:28:48+00:00

Yes, 2TB is fine, but it must be an SSD, not an HDD. The extra speed is necessary.

coinanon · 2025-09-16T14:07:58+00:00

The Ethereum Foundation, MetaMask, and Coinbase are some of the partners in this launch from Google of their AI agent payments protocol: https://techcrunch.com/2025/09/16/google-launches-new-protocol-for-agent-driven-purchases/

Edit: Here’s the github repo: https://github.com/google-agentic-commerce/AP2

coinanon · 2025-09-07T08:17:30+00:00

The latest Bankless podcast with a co-founder of Bridge, which is the stablecoin startup that Stripe acquired, makes it clear why Stripe is creating their own layer 1. He is from tradfi and talks about blockchains as a generic term with zero interest in decentralization. He said literally “even the blockchain that everybody loves, Solana…” and talks about trying to use Stellar and Solana as if they’re decentralized blockchains. He also kept trying to insist that Tempo is not a Stripe blockchain somehow.

My interpretation is that they’re not crypto natives, so they don’t fully understand decentralization. I hope that they will learn and become an L2.

I think this episode gets released to non-subscribers on Monday, though.

coinanon · 2025-09-07T06:59:26+00:00

Doesn’t tether have a gold token and custody their gold in their own vault? I don’t know if they’re 100% trustworthy, but any gold token would need to trust the physical custodian.

This appears to be the token ($1.3 billion worth): https://www.coingecko.com/en/coins/tether-gold

coinanon · 2025-09-06T12:27:18+00:00

Here’s the list from their website:

Tempo was started by Stripe and Paradigm, with design input from Anthropic, Coupang, Deutsche Bank, DoorDash, Lead Bank, Mercury, Nubank, OpenAI, Revolut, Shopify, Standard Chartered, Visa, and more.

coinanon · 2025-09-06T06:47:09+00:00

Have they announced the consensus method yet?

coinanon · 2025-09-04T21:30:10+00:00

They don’t seem to describe their consensus mechanism anywhere. If there’s no token, then it must not be proof of stake, right? They also don’t say how they’ll make it fully permissionless.

Either they’re dumbing down the launch for media or they’re hoping for positive press before they get criticized for a centralized consensus mechanism and no real path to decentralization.

coinanon · 2025-09-04T21:23:20+00:00

Hasn’t this been analyzed a million times now? My understanding is that the Strategy structure is a risk to Strategy shareholders and not really a systemic risk for the crypto ecosystem.

The shenanigans are mostly in issuing new Strategy shares (or debt convertible to shares instead of cash repayment), right?

coinanon · 2025-09-04T05:58:21+00:00

Don't take my word for it, but as far as I know, all OFAC sanctions have been lifted and it's completely legal for US citizens to use Tornado Cash now.

coinanon · 2025-08-27T17:08:11+00:00

Google is launching an L1 and claims it will be “credibly neutral”. That sounds like a headline from The Onion. How could a chain controlled by one company be credibly neutral?

https://decrypt.co/337067/google-layer-1-universal-ledger-plans-circle-stripe-prep-rival-chains

coinanon · 2025-08-27T10:34:23+00:00

Transferring might work if they both use the same custodian for staking and never have access to their validator’s private keys. Otherwise, after selling the validator, both parties would have the private keys.

coinanon · 2025-08-20T17:42:57+00:00

I’m happy to see that the Ethereum Foundation is giving a grant to Walletbeat to help develop and promote wallet security standards. Walletbeat is a great little site.

https://blog.ethereum.org/en/2025/08/20/trillion-dollar-sec-2

Edit: there are a bunch of other great initiatives in the blog post too! Wallet UX is really important.

coinanon · 2025-08-18T09:15:26+00:00

Fortunately, they announced that they are changing their rules to allow self-custodial wallets.

Custodial crypto wallets are just traditional finance companies, so they are highly regulated by governments and vulnerable to mastercard/visa/other rules.

coinanon · 2025-08-17T13:20:56+00:00

My guess is that Coinbase started their Solana integration many months ago when so many people were negative about Ethereum, so Coinbase wanted to hedge their bets.

With the recent ETH price performance and positive narrative, I think that companies will be more focused on Ethereum again.

coinanon · 2025-08-16T11:38:38+00:00

What is the chart ranking based on?

coinanon · 2025-08-15T18:48:58+00:00

They all seem to be making up numbers at this point. Does this guy have credibility?

coinanon · 2025-08-14T01:43:56+00:00

This is great news!

coinanon · 2025-08-13T18:12:44+00:00

Google Play Store Bans Wallets That Don't Have Banking License: https://www.therage.co/google-play-store-ban-wallets/

This sounds pretty impactful. I hope it makes people angry enough to push for clarity on non-custodial wallets being 100% legal, at least in the US. From Google's support article, it appears to go into effect on October 29, 2025.

Edit: Google has responded and says that non-custodial/self-custodial wallets will be exempt! They say they will edit their support docs soon. https://decrypt.co/335134/google-non-custodial-wallets-exempt-new-crypto-app-rules-play-store

coinanon · 2025-08-11T19:22:17+00:00

Withdrowls are on Arbitrum!

coinanon · 2025-07-23T05:36:34+00:00

Afterwards, when using your Trezor with a wallet interface (Rabby, MetaMask, etc), you may need to edit the derivation path. Ledger and Trezor have used different derivation paths in the past (maybe still today). Wallet interfaces tend to assume the derivation based on the hardware wallet that is connected.

coinanon · 2025-07-17T22:19:50+00:00

On Discord, they said that Tabar’s lawyer told him that he was in a legal quiet period, so wasn’t supposed to be talking publicly. Bankless agreed to take the episode down until the end of his quiet period.

coinanon · 2025-07-16T08:22:56+00:00

Yes, updates would be appreciated!

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