gm NFTFY! web3 news and Ethereum L2s

Recorded: Nov. 7, 2022 Duration: 0:31:27

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GM GM Hey, my friends. How are you? I'm good. How are you? I'm getting there like I'm setting up my my weekly my week my kind of scary but it's everything's gonna work out again. Yeah
Everything gonna be alright as Bob Marley or the Trooking, yeah, yeah, yeah, man You should you should tell me like before we even start this space What what what's the deal with this new BFB you are using here as you're free hmm
Okay, it's it's a Suzuki. Asuki for real like a for real. No, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no,#
some people related to optimism. And I got a confession that I didn't look a lot into optimism NFTs. I know one or two marketplaces, but I don't know a lot of collections releasing on optimism. It's
starting to get some traction but I don't I'm not following exactly like close but tell me more frento tell me more about why you did it and everything sure sure now I really like a zuki's and a zuki aesthetics I think that I
I will never buy one Suzuki and like an entire T-R for another Suzuki. Not because I don't think that I will never make the money to buy it. But I think it's not worth it, you know, you'll buy some expenses.
ticket. I think the branding was the price, but I think that I will not allocate a lot of money. I think it's a right high risk investment.
And it's not liquid. So I think that putting in this way I'll never buy one. But at the same time, I really like a Zookis. And I founded this collection in the Optimism marketplace called Quicks.
And in this marketplace, this was one of the collections training that's called Opti, Opti Azuki Club. And I really thought was nice. And I really liked the Opti-Mism ethos, how the Opti-Mism
culture is the community is and how is the vibe of you know the I was searching about the governance of Optimus, the city housing stuff like that and I watched the podcast a bankless
I started when it launched but I never finished it. But it's very interesting about the OP talk and OP labs and all the stuff they're creating. And just think the culture, it's amazing. It's the public goods culture.
It's the culture that you create value to others. It's not monetary systems that is more important, it's building and scaling and constructing and making everything as accessible.
and redesigning systems. And I think the optimism is doing great experiments. So I like to divide all the zooki and I like to divide all the optimism. And I think this is a perfect match.
Better water, I think.
Yeah, yeah, words, planation friend, quote, planation. I really liked the art when I saw your profile. So something, something cool to me. But I got a fast that I didn't look into how collections are looking on this layer too.
I know that it's very cheap. Oh yeah, yeah, it's very cheap. So yeah, he was like No cards from the workup like that Yeah, yeah, just a pack of cards that you're buying so like that
Yeah, that's cool. That's cool. And some cool concept. I like it a lot. They are. When you put it on your Twitter profile, I like started to check where did this came from and etc. But I didn't have the time.
to ask you directly what's up with this collection. So yeah, that's it. Yeah, it's it's probably going to work. And I think that's the that's the point because it's it's
It's a sign that you support the manifesto. Do you know the manifesto? Yeah, yeah. And you also support optimism.
and what they're building. So I think it's more than a symbol of what you support and it's funny that's basically worthless. But it's something, you know, it's something, it's an asset that proves you something.
Yeah, you're point sense and like that. No, I totally agree with you. I got a like explore more data the ecosystem. I've been trying to an optimist right now because I don't know if you sure are following along too, but
Players are getting a lot of attention on this class field. A few weeks. And especially Optimism in Arbitrum that I'm the biggest right now. Getting a lot of movement, a lot of transactions done on a daily basis. So it's something definitely to check
check out. Yeah and I have the the mania the tradition of getting on a layer and buying the derivatives you know. I the first time that I bought some NFT in polygon was
So I have this tradition of buying some stuff some derivative stuff when I'm I'm going to want to another chain or layer or something like that. So I'm entering optimism. I'm exploring
there. So as I'm exploring, I'm buying some stuff that is not worth anything, but to flip it. But it's the symbol that I'm getting there. I'm checking out and
It's the first time that I'm really interacting with optimism and was really smooth and simple and I really like the concept that they are native layer 2s that they bring out the protection.
if you can main as. So yeah, I think that I, I, I, I, I, I, I, I, I, I, I, I, I, I, I, I, I, I, I, I, I, I, I, I, I, I, I, I, I, I, I, I, I, I, I, I, I, I, I, I, I, I,#
Yeah, I didn't want to bring this subject exactly to this space. I thought we could discuss an NFT royalties, but as you already mentioned, I'm going to ask like,
We are seeing a lot of growth on layer 2s as a whole and something like came my mind like this, this weekend about like
What is the layout that you are mostly hyper right now, or the layout that you expected to do better on a longer shelf?
I think that layered jewels will ever be like in construction, will never cease reconstructing. I think this is the moment to layer choose to rise. I think that
We have a lot of cool experiments in a lot of kinds of relapse of types of relapse. And I think that the main, I'm gonna say war, but
but to not mean that we'll be a bloodbath. But the main run now is to how we can attract or push
people from users, from one layer to another layer and how we can get people using our solution or dissolution, our solution. We need something, we need some traction.
I think that's what it's missing because, for cheap, we have a lot of solutions. We need to attract people. And I think that some of them
are using some tactics like for example, Polygon have pretty bold partnerships. They did a lot of partnerships with a lot of companies. They are using
These are the tools that you can use to create use cases and use cases that you can pass it on and become ecosystems and ecosystems can bring a lot of users. This is the particle strategy. The optimism strategy for
what I noticed so far is creating a community towards public goods and creating a community towards the governance. And this community uses optimism, uses the change there.
the layer. For iPhone and ZK sync, I don't know, I really don't know what this strategy is besides...
Making people waiting for adrops so far, so so I don't know why don't you have you use it? I've drawn in the casing. I imagine so what are what are thoughts?
I'm so glad I bring this object right now. I completely disagree with you. I completely like 100%. I like the idea that optimism is trying to bring
on related to governance, but I basically don't like what they are doing as a whole. I don't see a lot of things popping besides their token launch. They did something.
I've been following along pretty close on what's Arbitrum and ZK teams are bringing and I'm really really bullish on that. I'm not going to bring Polygon here because Polygon needs
It's not like it's not a two exactly so I think we should bring the bring polygon on not at the same list as other layer to especially right now but like our average consumer doing so so many great things
in my opinion I'm really liking using the Arbitrum and using basic weona daily basis and I know that there is a lot of speculation regarding the token on Arbit and also on the case sync but besides that I think the teams behind
each project are creating a lot of things and even though I bet you use this optimist grow ups I'm really bullish that they are building something related to ZK and that they already launched a return over that's probably going to help scale even more that Ethereum
ecosystem and regarding to to the case think I'm really hyper to desiccate technology being used on being used more than me even more adopted on the Ethereum ecosystem and I don't know I'm really really bullish on what's the care of
right now I have an article and they defined it as "archo about arbitration" that I'm really looking forward to read. It's something related to how can we scale, like, what's the limit that we can scale and like a blockchain because like everything has to be
some limitations like we cannot like process like a thousand transactions every month or a millisecond. We have a number that's probably going to make us like we have a number that that King's KO but like what's the limit that we can scale so there is our article that they
I'm also saying, "Arvitunko father says ability to process transactions is finite." And I'm really looking forward to read this because it's something to keep in mind. I don't know how much transactions the optimistic roleups are going to be able to process in the future. And I really don't know
how much production transactions the ZKROLOX are going to be able to process. But I'm more certain that the KROLOX is going to be able to process more because of how the technology works behind it. But that's it. I'm really bullish on Arbitron, but
actually on the case in 2.0 and I'm really I'm really hoping that they do somewhere drop because man it drops are great yeah they are they're really great just for context can you explain what decay is like in a series
simple way, just for people to get it. Yeah, yeah. So the simplest, the easiest way I can explain what designate technology is, with the designate technology, you can prove basically anything without
without showing all the data. So you can prove a transaction that some transaction was made on, I don't know, October 28th without showing like for who the money was sent, like what is that?
with that money. So you can basically prove things without showing all the data involved in the transaction. And like to bring that to the real world, basically, when you go to a club, you have to show the security or your RZ so they can like through
that ID is yours, that you can prove that. I can prove that basically anything that you have to show them your ID. With the K technology, you're just going to need to show like your date of birth. You don't have to show like what's your security number, what's your ID
number like where you board and everything else. So you basically can show what number or one sequence of numbers and prove something without proof, without showing all the data available in a transaction to summarize it by basically that's how Zikaite technology works.
And I know that ZK can be applied for a lot of things, escalating, it's one of them. But we have other stuff there being created above ZK like identity. Like what are thoughts about identity?
Yeah, decentralized identity was something like that. I heard it before and I know that some about tokens are a big part of it. Whether thoughts ever have ever heard about decentralized identity. Yeah, yeah, yeah, man. I really like this content.
not only about decentralized identities, but I really love when we can bring some things to blockchain that are not just scripted to, and I'm going to say crypto here in the most like financial aspect. We need to like to separate the most we can, like
blockchain and it uses to just create a bitcoin, just Ethereum tokens because that's really important. Now regarding to decentralized ID exam, I'm really looking forward to the next years, I'm going to say because I think this is just
the first step we are there's probably something like this already happening but we are seeing like a lot of not certificates but with with how can I how can I say geploma in English and I don't know
either I like some skates or like graduate or something. Yeah, you receive like some certificate that you graduated and I think like we could really use some some things related to that. I don't know if we're going to use sobound tokens or not but like we
We are going to start to create some centralized identity, not only with some basic data as we have documents, but we can create some decentralized identity regarding to what we have done in the ecosystem. So I'm really looking forward to it. How about you? Do you have any
opinion on centralised identities? Yeah, I think that the centralised identities will be the way that we will avoid most of our privacy issues that we have in the internet. So blocking it's wonderful because
Because we have transparency and privacy at the same time. This is really difficult to accomplish. It's really a dilemma. If the architecture was not built for that, it isn't something easy to achieve.
But when you create a decentralized identity and we have a system that is basically telling you every time that you need to prove your honesty, I would say, when you touch traditional financial services with DeFi, when you
the two things together. For additional services, financial services are based on identity. And defying other things are based on no trust or don't need to trust or permission as an environment.
and collaterals and something like that and it's not interesting in your identity for itself. But when this thing's merged or encountered some parts, you need to have an identity, but how to preserve your
privacy or your data, not to be shared with everyone because when you expose your data, your wallet, I would say your public address, everyone can see everything in your account in any moment and that's not helpful.
So you'll go to a perfect environment and balance it between one and another and between privacy and transparency and now we have all transparent and that's not a half-a-environment. So I think that decentralizing
identity will be a solution for that. It's the improvement on this system when we touch old systems or we want to improve or transform some organizations in more bound on people.
or sound, then I would say tokens or monetari systems such as like polygon ID or voting on a database or not or sit your citizenship or your
about talking something like what optimism is kind of doing. So I think that's both, that's interesting because it's the skating solutions they are most worried and working
in the centralized ID, such as polygon ID that uses a k and optimism that are doing the sitting house and they will need to have some kind of identity.
Yeah, yeah, yeah, yeah. Yeah, we have a lot of Indian we have a lot of things mean but on this ecosystem a lot of things like to look forward for the next years of this will like become if this if all that we that are being built are going to to
have users in the physical world, let's put it that way. And we follow up companies and a lot of services are going to need some adaptations to work with blockchain, like, essentially, like, the identities, NFTs, PoEPS,
I don't know. I'm really bullish on everything that's being built in this ecosystem. Yeah, I made you. And that's the cutting edge part of it. I think they are the most advanced that we are right now.
In this kind of ecosystem. What about the news? Of course, we are starting the week, so we don't have a lot of news. But we have some interesting news. We have Google partnership with Solana, the do soda.
Yeah, so yeah, yeah, I'm not yeah, I don't like Solana. Yeah, well, why let us know why you don't like Solana? I don't know like I think we have a lot of a lot of blockchain
already working and a lot of concepts like being created that are better than Solana in my opinion and I really cannot trust some blockchain that goes offline at least once a month basically so that's my point like I can go on there
that but to summarize that's it. But you have something about the pervert consensus that needs to have like the requirements to validation to validate something like that or not. Yeah, yeah.
Regarding validation, it's very, very complicated. You have to have some machine that will cost you a lot of money, for real. We are seeing Solana,
I think it's been like down basically once a month and the team obviously that they are working on it but like a year more than a year has passed by and we are in the same way so I'm not seeing a lot of improvements from the team. I'm seeing that they are focusing on other projects like
mobile phone, like partnership with Google, but in the end if they want to like prioritize companies and prioritize like, do you know the products and not their own blockchain, they can do it but I'm just not gonna trust anything that's being built on it like I
I said it yesterday but I'm gonna say it again. Today is going to be releasing an article on Manclis with the title like "Why?" I don't know if it's why but I'm not gonna check it out because we haven't been able to have a lot of time but
You do buy an FTS. You buy cool and FTS on a blockchain that's not trustworthy. It says a lot about Soleno not only Soleno but the idea concept. But in the end you shouldn't have to need to trust a blockchain.
that's going to be online or not, you have a lot of other options and in my opinion are so much better. I like the concept of proof of history but if it doesn't well as acute it, my thing Solana shouldn't be on what is today like, shouldn't be on top 20 vlogs
change. Yeah, I know another thing is that I received a link from our friend or dearly friend, Steven, that is in Portugal right now and he was at the Solana event and he sent me a link of
pre-order of the of this March phone. So it's really gonna happen. It's really gonna happen. Yeah, I saw someone posting yesterday like how it's gonna work. They already have like some some some test test version showing on events. And for me like it's really weird, man. Like
The guys can't have blockchain work in like 24 or less 7 but they are building a bio-form and like I don't know that that that for me for me that that these include being like very good for For our day of beauty and I know that's a lot of it's you in better so they have a lot to prove and etc
But we need to see this improvement. We need to see the blockchain getting better. Not only partnership with Google, not only mobile phone like men. If the biggest, I'm not going to say product, but if the biggest objective isn't like WebExecute,
How can they like expense to other things? I don't know. Yeah, I agree with you. We have other news that is from Web3 Foundation declaring to the SEC.
security dot is merely software. It's very funny and it's very bold because it's SEC that we are talking with. Why are thoughts in Poca Dot in the future of what they're building?
Yeah, yeah, so I like what like I like the outcome of this but I gotta say to our confess that I didn't see it coming like nobody was talking crap about like the token dot so it was coming
I kind of furniture me when I found it like the web-tree foundation post need. But like regarding to poker that I like, I like a lot what they're trying to build I think. Even though like I completely forgot his name is, and I completely, Gavin Wood, yeah.
So even though Gavin would leave the CEO of WebG Foundation, I really do think that people behind Poker Out are aligned with the crypto ecosystem, people that are trying to build something beyond them.
I like Pokerock in general, I think they are building a lot of power chains with amazing concepts, but we are going to have to wait for the future to that crypto ecosystem like gets more mature.
we could see some real real we use of crypto like not only related to financial markets but like everything we do to like buying things to identities to being used on a daily basis with blockchain.
Yeah, I would say that that would be great. I think that I'm also bullish on what they're doing and Gavin would step in out of CEO was majorly being something good for the community as some
members I heard they like it the idea because giving you a smaller builder than than a CEO. So thank you guys for today's GM Nifty Fry thank you Kui for
be here and giving your thoughts about what's happening in the world and what's happening with the theorem they choose. Thank you guys for listening and see you tomorrow. Bye guys. Bye bye.

FAQ on gm NFTFY! web3 news and Ethereum L2s | Twitter Space Recording

What collection on the optimism marketplace caught the speaker's attention?
The Opti Azuki Club caught the speaker's attention on the optimism marketplace.
What is the speaker's opinion on investing in a Suzuki?
The speaker likes the aesthetics of the Suzuki, but doesn't think it's worth the high risk investment.
What is the culture of optimism that the speaker admires?
The speaker admires optimism's culture of creating public goods and making systems more accessible and user-friendly.
What layer 2 solutions are seeing a lot of growth right now?
Arbitrum and Optimism are seeing a lot of growth right now as layer 2 solutions.
What is the speaker's opinion on layer 2 ecosystems?
The speaker believes that layer 2 ecosystems will always be in construction and that attracting users and creating use cases is key.
What is the speaker's opinion on Polygon's strategy for attracting users?
The speaker believes that Polygon's use of bold partnerships is a strong strategy for attracting users.
What is the speaker's opinion on Optimism's strategy?
The speaker believes that Optimism's strategy of creating a community around public goods and governance is a strong strategy for attracting users.
What layer 2 solution is the speaker bullish on?
The speaker is bullish on Arbitrum as a layer 2 solution.
What technology is the speaker excited to see being used on the Ethereum ecosystem?
The speaker is excited to see ZK technology being used and more adopted on the Ethereum ecosystem.
What article is the speaker looking forward to reading?
The speaker is looking forward to reading an article called 'Archo about Arbitration.'