This isn't a 1 off. This is the start of a massive trend of real businesses building their own L1 blockchains. We're in talks with tons of other companies (including some major fortune 500s) who are considering launching their own L1s. Years ago, enterprise blockchains failed and have been a 3rd rail for a long time. So why now? Why are mature businesses starting to build blockchains again? And why are they building L1s above anything else? There are two major reasons enterprise blockchains are coming back: 1/ Stablecoins are maturing: The finance teams we talk to are not afraid or unfamiliar with stablecoins anymore. Thanks to the Circle IPO and coming regulation, they see stablecoins as a powerful and safe technology that can help them cut costs, streamline operations, and earn more on their cash reserves or customer deposits. Most big companies are putting in place infrastructure to hold and move stablecoins. The U.S., Japan, and many other countries are pushing forward stablecoin regulations, and the dust is settling in our favor. 2/ Payments, not provenance: In the previous wave of enterprise blockchain hype most of the use cases were around provenance (aka tracking the origin and lifecycle of some multi-company process, like tracking raw materials across a supply chain or tracking the usage of donor capital). This was always a weird use case that could technically be done with a database. The problem was trust. Now, the corporations we're talking to are looking at payments as their first use case, almost no matter what industry they're in. Most B2B and B2C payments providers and networks charge merchants and businesses high margins, take days to settle, and have real settlement risk. These problems are much worse as soon as you go cross-border or need to deal with FX. So for multinational corporations (especially marketplaces like Airbnb), in-house blockchain-based payment solutions could lead to billions in savings and better experiences for customers, employees, and gig workers. And why are they building L1s, not L2s, or contracts? 1/ L1s are battle-tested and familiar to technical decision makers: L1s as a technology platform are well-understood and familiar after 10+ years of development. Ethereum, Bitcoin, Solana, Sui, Aptos -- every blockchain that people who don't work in the industry know about is an L1 (base maybe being the exception). Cosmos tech alone supports 200+ chains and $70b of assets across almost every vertical, and Hyperliquid, the biggest breakout of the last year, cemented this. (Plus the most successful enterprise blockchains like Canton are L1s). L2s are exciting but they are still nascent and poorly understood by comparison. (Try explaining the difference between a stage 1 and stage 2 rollup or what a validating bridge is to the CTO of a consumer marketplace business). Decision makers who operate mature businesses usually don't want to take risks on emerging new platforms. They're already taking a big enough risk by getting into crypto, so they need to do it in the way that is most legible to their stakeholders. 2/ Minimizing platform risk: Most of these companies don't want to bet on ETH or SOL or TIA or anything else. They just want to bet on themselves. Building an L1 is the best way to do that. Remember, big companies usually use multiple cloud providers to avoid platform risk from AWS or Microsoft. And you can bet they see Ethereum or Solana as much riskier than those partners. 3/ Control and connectivity: Open, transparent L1s give these companies a great balance of control (so they can own their own platform) and connectivity (so they can plug into and interoperate with the broader crypto-corporate landscape as it evolves). Interop between L2s and other chains like Solana relies on 3rd parties, and often struggles from finality issues due to fraud / Zk proving windows and Ethereum's slow finality. L1s don't have this issue. Settlement happens instantly and deterministically, so interop can function the same way. That is a killer feature when combined with the ability to have your own walled garden where you implement any necessary KYC/AML and application specific logic. Very excited for the next wave of the internet of blockchains

Steth is neccessary for Eth to win

At the Sovereign EVM Day in Cannes, industry leaders emphasized that @cosmos is becoming the foundation of the multi-chain future, enabling native access to EVM and IBC-powered interoperability. The next bull run won’t crown “one chain to rule them all.” It’ll reward the chains that connect them. EVM + Cosmos IBC = Cronos’ edge in the multi-chain future.

If you are interested in high performance system-building, read the code at There are ~40 different components, each modularized into its own library. - monad-consensus implements the core BFT algo - monad-eth-txpool implements the local mempool - monad-dataplane implements the core networking logic - monad-raptorcast implements the block propagation mechanism - monad-archive implements local archival of transaction artifacts - monad-event-ring implements the real-time data system - and so on You can learn a lot from reading the code. The engineers at @category_xyz aren't messing around. Everything is purpose-built and optimized, no fluff. That's just how they roll. The Monad Way.

20% of all ZEC shielded and no KYC on and off ramp via near Payy credit card Namada live Penumbra live

Best possible description of me just dropped btw

Super proud of the @informalinc team and the talent we’ve nurtured. The Malachite acquisition by @circle is exactly why we build. It will power a meaningful use case that brings greater performance, reliability and security to stablecoin-based payments and helps deliver trustworthy financial infrastructure worldwide. Excited for our colleagues joining Circle to bring this vision to life and for the opportunities ahead as we continue supporting Malachite adoption across the industry.

Basically, I wrote a post that blackpilled me about the future of the human race. Social media and AI allow us to huddle more closely together for warmth as our numbers dwindle to nothing.

Ledger’s CTO claims sustaining the alleged 51% attack on Monero via Qubic costs $75M/day. Off by about three orders of magnitude. Monero’s actual daily security budget is simple to calculate: - Tail emission of 0.6 XMR per block - 720 blocks per day (2-minute intervals) - XMR ≈ $253 That’s ~$109K/day - the total paid to all miners. This is the true economic incentive securing the network. Qubic isn’t buying $75M/day worth of hardware or cloud compute. They’re just subsidizing existing Monero miners with their $QUBIC token, luring them into the pool during “idle” compute time. I’ve run the numbers myself - they can sustain dominance for as little as $7K–$10K/day, nowhere near the inflated $75M figure. Attacks like this expose a core vulnerability in smaller PoW networks: it’s not always about brute force hashrate sometimes you just need to pay miners more than the chain does. And if Ledger’s CTO is off by three orders of magnitude on something as basic as Monero’s security budget… I shudder to think what bugs we’d find if we audited their elliptic curve implementation.

NEW EP: How Sovereign Is Solving Crypto's Throughput Problem with Preston Evans Imagine a stack that lets users build what they want. In today's episode, @ayyyeandy & @robbie_rollup sit down with @sovereign_labs CTO @prestonevans__ to discuss: >Escaping Crypto's Scaling Limitations >Why CLOBs Need Sub-100ms Latency >Building Web2-Speed Infrastructure On-Chain >The Vision Beyond Financial Applications >How @bulletxyz_ Leverages Sovereign Stack Full episode links below. Timestamps: 00:00 Intro 00:47 Preston’s Crypto Journey 03:45 Crypto Political Philosophies 05:55 Best Chain to Launch Apps 09:10 Unpacking Sovereign SDK 12:25 Starknet Ad 12:50 Sovereign's Technical Architecture 16:07 Importance of Speed in Trading 17:48 Why Bullet Chose Sovereign 20:40 What Apps are Enabled by Sovereign 22:55 Preston on What App He’d Build 25:19 SummerFi Ad 26:01 CLOB-Building Best Practices 33:06 Builder Feedback & Learnings 36:05 Sovereign's Business Model