Sublime

Tweet From Chris Dixon

If you held $10,000 in bitcoin for the last month, you paid $15/m to secure it.

Digital gold: $30 – $70T

https://t.co/BeCfxUyXt9

We begin with a familiar experience for end users and build out self-custody capabilities over time.

Using DIDs we can fulfill RabbitHole’s core vision of creating an “on-chain meritocracy” with crypto credentials — a means of proving one’s expertise or reputation based on their on-chain activity — but the main bottleneck to this vision is the centralization of our company.

This meant three things:1. There was a ticking clock. Even if nobody else noticed the free money, anyone could remove their own liquidity at any time, accidentally receiving the tokens from the contract.2. I could put on my white hat and try to recover the tokens for the person who had accidentally sent them in. It would be as simple as calling the... See more