Tengji Zhang

@tengjizhang

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L2s matter — skyscraper technology is essential to scaling any city — but they are not the end of the story. L2s are an “and”, not an “or”.

Haseeb Qureshi • Blockchains are cities

Gün (Avalanche)

Bitcoin has quantifiable decentralization but not necessarily the best

Avalanche is the only chain that can have millions and millions of block producers for each transactions

The L1 Wars: SOL, AVAX, NEAR | 15 Jan 2022

Illia (NEAR)

NFTs don't work well with bridging

The L1 Wars: SOL, AVAX, NEAR | 15 Jan 2022

Serendipity: Keep books around and when some new information suggests an old book is more important than you thought, you can go back to it.

Annotate in the margin

Build an index in the end for interesting ideas

Generally don't go back to a book I have read

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The Knowledge Project • Patrick Collison's Manifesto on Reading

Stable coin can have advantage over fiat money in the long term, especially in use cases like international transfer.

Bloomberg • Sam Bankman-Fried and Matt Levine on How to Make Money in Crypto | Odd Lots

Naval

This likely leads to consolidation of info onto 1 or a few chains

The L1 Wars: SOL, AVAX, NEAR | 15 Jan 2022

Solana is LA. It’s big and sprawling and cheap. It is less decentralized. But some applications like games and NFTs do not need very high level of decentralization.

Haseeb Qureshi • Blockchains are cities

How to choose books: The intersection of all the books that are worth reading and enjoyable to read.

The Knowledge Project • Patrick Collison's Manifesto on Reading

Reading feels like something I ought to do because there are just so many important things to know that I don't know and that feels problematic.