Hashflow public pools, Open vs walled gardens & more - The Daily Gwei Refuel #274 - Ethereum Updates
15 Dec 2021 · 28:53
Anthony Sassano recaps Ethereum news for 15 December 2021, including a tweet comparing today's public blockchains to the AOL era of the internet: slow and expensive at first, with corporate chains that fake openness, most of which he doubts will survive, while layer 2 rollups, sharding and statelessness bring exponential improvements. He also covers ENS distributing its tokens without venture capital backing, his view that L2 to L2 bridges will become Ethereum's most important infrastructure, Hashflow public pools that let liquidity providers deposit single-sided into professional market making, POAP as a scrapbook of memories, Sign-In with Ethereum updates from Spruce, and Argent's smooth zkSync integration.
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hello everyone and welcome to another episode of the daily gray refuel where recap the latest news in the ethereum ecosystem i'm your host anthony sosano and today's the 15th of december 2021 all right everyone let's get into it so last i guess kind of like warning here there's just two days left to get your git coin donations in github grants donations in as part of this matching round as you can see here there's already been 300 000 plus contributions and 5 million worth of funds distributed to open source and to builders and once again thank you to everyone who has donated to the deadly way and ether of course um and you know thanks to everyone who donated to all the other teams as well i mean uh ethereum is nothing but uh there's nothing without its public goods and we need to fund those public goods i
spoke yesterday about how uh there's a lot of stuff happening on the um the client front with the client incentive program well bitcoin grants have been doing stuff like that for ages and not just for you know ethereum core clients but everything that we consider to be uh uh to be essentially public goods so yeah i'm sure a lot of you have already donated but in case you haven't you've got a couple of days left probably less than that by the time you watch this so definitely go get your donations in before the match is um before the matching round ends um if you do miss it for whatever reason maybe you're traveling can't access your funds uh there isn't going to be another one in three months right that happen every quarter so it's not the end of the world but still good to always get your
donations in i did mine yesterday i put it off as well so don't think that i'm you never know i'm bugging you guys i'm i i kind of like put it off a little bit too but i got around to doing it and the checkout experience was so smooth using zk sync honestly like i i had to deposit funds into kind of like zk sync to do it but i quickly did that very easily it got confirmed and then i just really quickly did the you know the donations to the grants in my cart in my my collection i should say uh which are in my cart of course so yeah just a final reminder there for you guys so an interesting tweet from dc investor today who said we are 100 in the aol era of public blockchains using them is slow and can be expensive exponential
improvements are coming corporate participants want to fake open and permissionless but have not truly internalized the web 3 user ownership value proposition there's a couple of other tweets that blow this but i do want to focus on can i guess providing some context around this so i uh i'm too young to like i was too young when the internet was kind of like really taking off in the 90s i was born in 1992 so all through the 90s i didn't kind of like follow the internet i didn't you know play around with it i'm pretty sure i only got up incident in like the early 2000s so i definitely wasn't uh able to follow it along i was just too young at the time but from listening to people who were around back then who understand kind of what happened back then it's it's really cool to kind of like look at
history and compare it and contrast it to what's happening with blockchains today so for those of you who don't know aol uh compuserve i didn't think yahoo maybe some others out there they had their own corporate kind of like internets corporate versions of the internet that some of them let you access tcp ip which was the open internet um but i don't think aol did it kind of like wanted to lock you into its world garden they wanted to serve you whatever kind of like things that they created for you and they didn't want you going outside of that now that still exists in tech today a lot of it still exists actually you can point it at to apple as one of these kind of like walled garden closed ecosystems whereas android is more of an open one um no this isn't to say that walled gardens
and closed ecosystems aren't necessarily bad they have their pros and cons but i think for kind of like things like open protocols like the internet these things were never going to win so aol the compuserve all those things they lost to the open internet for for a variety of reasons and but i think that the main reasons were that obviously the open internet was was open right anyone could build on it anyone could use it it was credibly neutral it was permissionless it was kind of like the shared infrastructure there was no need to get permission from anyone there was no need to kind of like buy into any kind of one corporate kind of like system you could essentially build whatever you wanted on it as part and then you know obviously the web came a little bit later and then uh we've won web 2 and now web 3. you
know the rest is history so i think when we kind of draw parallels to crypto today you obviously have ethereum which is like the internet right it's open public permissionless uh uh credibly neutral um but it's slow and expensive today right just like the early internet was slow and expensive i mean even before dial up like 56k modems and then dial up and finally broadband but even broadband was slow for a long time because it just piggybacked off of the phone line and it still used copper when we finally got to kind of like fiber connections and more powerful wireless connections at least in parts of the first world i know there's still very uneven kind of distribution there with the internet we got to you know a place where it was uh it was you know really quick and kind of like uh not not you
know not expensive or you know very cheap depending on where you are like some places are still slow and expensive uh obviously it varies a lot from from place to place but most of like mostly in the first world countries uh that you know they're pretty pretty decent right it's not like you have to spend like what you do on ethereum today to use it right where it's it's you basically you know if you think of buying ethereum block space as kind of like buying bandwidth i mean it's not the best analogy but if you think of it like that well to get uh you know to do one transaction on ethereum like a swap it's like 50 bucks right imagine having to pay 50 bucks every time you wanted to sign up to a website you know it's kind of like not a perfect
analogy but you get my point so but then we can kind of like look at what this investor says next where he says exponential improvements are coming and they are i mean layer twos are here and coming they're exponential improvements they are 10 to 100 to a thousand x improvements on layer one ethereum uh we have sharding which is just gonna you know it's gonna come later but it's gonna be even better it's gonna be that another exponential improvement we have statelessness which i think a lot of people still undersell how much improvement we can get out of that if done correctly where we can jack the gas limit up of the blocks and we can basically have a system where we have like big blocks but also we have a sharded system and also we have kind of like the roll-up centric road map so we
get to that point where we're having like millions and millions of transactions per second without sacrificing that decentralization and security of layer one you obviously push this all to kind of like layer two so that's that's the dc second point here and then the third point is kind of like these corporate participants uh they want to fake you know open and permissionlessness uh but have not internalized the web3 user ownership value proposition this doesn't apply to everything there are some l ones that i think this really does apply to where they fake open and permissionlessness but really they're not right they're not really decentralized like if there was a test against them from you know whatever party it was against their decentralization they would fail it i think a lot of them would fail it um they're you know they've given given
that up obviously for scale uh a lot of them kind of like have on chain governance systems as well where there can be winners and losers uh in terms of like applications on there picked by the native token holders they can actually censor and kick kind of like users off then you have you know a bunch of other issues where sometimes some of these more scalable networks they'll they'll slow to a crawl uh and things like that right there's kind of like all these kind of like issues with with that sort of stuff and there used to actually be like a big push not so much these days but a big push around private blockchains as well where people are like you know these blockchain concepts cool but it's not going to succeed if it's open and permissionless it needs to be private needs to be regulated blah blah they're
still going to be those things but they're going to still plug in and use the credibly neutral infrastructure that is ethereum they're not going to exist in a vacuum on their own we're still going to have ethereum and other like uh kind of like blockchains i you guys know that i don't believe most of these l1s are actually going to survive long term there may be you know a couple of others that kind of uh survive and thrive for a little bit but you guys know my stance on that right like i believe that l2 ecosystem is going to do a much better job there but still like a lot of these um other l1's do feel very corporate do feel very kind of like forced and it doesn't lend themselves to attracting the right kind of community members and lend themselves to kind of like getting the the right
kind of builders as well which is i mean at the end of the day without builders your chains are going nowhere because the users aren't going to come if there's nothing on your chain and that's why becoming an evm side chain is very popular because you can very easily give the option to builders to just redeploy their their contracts on your new chain and then the users follow that um but yeah i mean and then an ndc investor goes on to say you know as i said aol was mostly a world garden um it was like a bbs plus experience it took time for people to become comfortable with the permissionless web first via spry mosaic on top of aol um tcpip connection and then netscape took it mainstream so i would encourage you to actually read about the history of the internet like the early history and
see how it all unfolded because there is a lot of similarities to crypto it's actually quite amazing how many similarities there are i'm not sure if there's any good tv shows around this i haven't watched any around this i think there's one that was recommended to me called holt and catch fire but i don't know if that was about the early internet as much as it was about early computers because obviously you had computers that came first and then the internet came later to connect them and internet is just really just networking i mean computers could talk to each other locally and things like that but you know the internet is what really kind of like made it made it go mainstream um and i think you know when you kind of like compare that to crypto you basically have like ethereum is this network people can use obviously super
expensive right now it's kind of like slow right it's not not very not very quick you still have to wait you know for a block to be mined and you may miss a block because your fees too low all that sort of stuff whereas the l2s just take it to a whole nother level where your transactions are instantly confirmed with obviously delayed finality but for most users they're not going to even know about that they're just going to say that their transaction was confirmed instantly it's gonna be really cheap and they're gonna get value out of that so yeah just an interesting tweet from from dc here today that i wanted to cover on the refuel um definitely if you come across any kind of like documentaries or tv shows around the early internet let me know even books like i i you know i'm
happy to read books as well but i think i love the dramatization of tv shows and um and sometimes documentaries as well uh where they kind of like just make it more interesting than what it was like it's interesting but there are a lot of boring parts to it as well where for a long time nothing happened and then there was kind of a lot of corporate you know bs that went on we obviously had the dot-com bubble which is kind of interesting to look at a lot of people compare crypto markets to the dot-com bubble and say okay well you know maybe 2017 wasn't the dot-com bubble maybe we're in it right now i mean history rhymes but it doesn't repeat i don't know if if we're going to repeat what happened in the dot-com era in terms of like the prices of things
but i do know that we're basically on track to repeat how the internet came to be in terms of things being slow and expensive to begin with these kind of like corporate you know fake kind of chains spinning themselves up to just kind of like with the main goal of just making lots and lots of money and then them going by the wayside as everyone kind of got comfortable with the fact that okay ethereum is kind of like i mean ethereum and other public commissioners blockchains other thing that we want to use and we can use them for cheap with layer twos so so yeah anyway moving on from that one so brantley from the ens team put out a great little tweet today where he said ens dow had no special early discounts for vcs all initial token distribution went to users contributors and the dow itself and you can see here
there's a kind of i guess like graphic here from his website that he's linked to where it's got a bunch of vcs and funds and it's got projects that they've invested in and you can see ens the you know the project is on its own on its lonesome here he had zero vc's which is very very rare these days guys like you know as much as i do it's very rare for a project not to get v you know vc backing and fun backing um and i think for ens i mean it made sense because they don't need it like the amount of money that's in the treasury or i should say ns tokens that are in the treasury and the amount of ens tokens that are allocated to the team they don't need funding they have enough right um and i think a lot
of them are early kind of like og people as well so i'm sure uh they've been able to just kind of like sustain themselves that way and the the treasury also gets uh feed revenue from people registering ens names and re-registering and stuff like that and that can be used to pay contributors as well so they really didn't need vc funding or anything like that um which i think is you know i'd love to see more teams do this but i understand why a lot of them don't i mean if you think about it uni swap for example like i'm just picking out unisop because i can see it here they raised in now they first raised in early 2019 where they raised a million dollars from paradigm then they raised it again before their token but in 2019 it was like a different era like if they
had done a token back then it wouldn't have been you know i mean its market cap would have been tiny it wouldn't have been enough right uh but you know they i think they had a token at the right time but they also needed funding but not only was the funding kind of good for them but getting paradigm on board was very good for them because paradigm has helped uni-swap with a lot of a lot of their designs like paradigm is a research firm as much as it is a vc firm and they've helped kind of like influence a lot of unisop's designs especially around v3 so when you look at it from that perspective as well it's not like these things are evil to have it's just that ens didn't need it from a monetary perspective from a kind of like technology perspective i mean
they built everything already and they keep improving it on their own they don't need these other kind of like um vcs and stuff to help them and any of them if any of them want to help they can they can kind of like apply to the dow and get paid that way with in ens tokens if they want to so i think i would love to see more teams do this i don't expect most teams to do it but i would love to see more of them do it especially the core ethereum public goods i think you know git coin did it two to an extent they did have vcs on board um which is totally fine understandable but they did do it where they gave a lot of way to the community um and they're obviously very community oriented they get they i mean they were building for a
long time being funded by consensus and they wanted to spin out of consensus so that's why they went the kind of like funding route because they have a rather kind of like large team they had no idea what the token was going to be worth like no one knew like depending on where you launch a token and you know how you launch it dictates the whole thing you can't rely on uh tokens in a treasury to kind of i guess um uh fund you perpetually long term uh you know without some kind of backup cache there so so yeah but still cool to see uh ens there on its lonesome it just speaks to how i guess community oriented it is and how much they just cared about giving ownership over to the community which is what we all want to see in web3 of course
so another tweet here from dc invest and this time he said l2 to l2 bridges and their degree of decentralization trust minimization and minimal friction user experience will become the most important component of ethereum infrastructure only a few people realize this so far i would say that's refuel you know regular refuel listeners and watchers would understand this at this point because i've talked about this a lot bridges are going to be the most important infrastructure for ethereum i believe this and i've been saying it for months now i think more and more and more people are waking up to this uh and it's a simple fact that not everything is going to live on the same l2 not everything is going to live on the same side chain not everything's going to live on the same chain and you need a way to bridge in and out of them not
just your assets but also arbitrary messages like relaying across doing things like what aztec connect is doing with privacy at layer 2 tapping into layer 1. because layer 1 has over 100 billion dollars locked in it still there's so much liquidity on layer one because it's just wales i don't care about paying the high fees but let's not lock out the people on l2 from that let's see how we can tap into that which is happening with aztec connect and a bunch of other things like starkware's um damm and arary capitals nova and there's you know some other initiatives out there as well i'm sure that i'm not mentioning right now so from that perspective just any kind of bridge or cross-chain swap bar cross-chain exchange is going to be the most critical infrastructure for ethereum um in addition to the l2s i kind of
think about l2s and bridges as kind of like connected because without the l2s the bridges have nowhere to bridge in and out of and they're kind of like useless so they're kind of like live in a symbiotic relationship where the more l2s there are the more bridges there are the kind of like more stuff the bridges have to do but um you know on the flip side um the more kind of like bridges there are the more kind of i guess like l2's people can kind of use and the l2s get a benefit out of that and um you know obviously the reverse you can you can reverse that but essentially it's not a parasitic relationship it is symbiotic which i think is really cool now of course you know a lot of these l2s are going to have some of the same apps deployed to them like arbitrary and
optimism are going to have very similar apps deployed to them being evm compatible and equivalent and they already do i mean unisop is both on arbitrary menu and optimism so i think there's going to be kind of like table stakes so when you go to a new l2 you're just going to expect this core infrastructure to be there you're going to expect unisop to be there you're going to expect some kind of money market to be there you're going to expect something like curve to be there right and then you're going to have unique apps to that those ecosystems where that'll dictate what chain or what l2 you spend most of your time on like for example optimism if you're into options optimism has layer protocol arbitrary has premiere uh so you know depending on which one you want to use you you kind of like choose an l2 from there but
again you're not locked in you can bridge right you can either bridge through l1 which is expensive or you can use one of these l2 l2 bridges which are getting cheaper over time to bridge between them and to use whatever you want and also as i said with these arbitrary message relayers you can actually tap into these other ecosystems without leaving your home so to speak so you could once this stuff is rolled out you could basically do a swap using liquidity on arbitrary but doing the swap from optimism so essentially you're executing the the kind of like trade and optimism you're sending the message uh to uh arbitrary to tap into that liquidity and then it sends that kind of message back and the trade is all executed on optimism and you're all well and good then you don't have to leave um that's
going to be kind of like the future i think and all of this is going to be totally abstracted away there's going to be interfaces that sit on top that do this all for the user and it might even get to a point where these interfaces are running their own sequences or doing their own kind of like mev so instead of charging end users directly gas fees they're essentially um going to be covering the fees for the end users but making making it up somewhere else this is kind of like probably five to ten years out in terms of getting to that point maybe it happens sooner i mean i hope it does because we're basically in the exponential age where things happen really quickly if you're paying attention day to day it may seem slow but if you zoom out like you know like look at the last year how much has
happened within within crypto if you zoom out in just a year so much has happened and i think that five to ten years we're pretty much going to be you know pretty much mainstream i would i would say that crypto has become pretty ubiquitous in 10 years time where it's basically integrated into every kind of like facet of the financial system maybe web 3 takes a bit longer to take off in terms of like decentralized social media and things like that but um i think it's all coming and and and you know these bridges are going to work to connect all of it and there's always going to be demand for them and that's why you know i'm placing bets on bridges you guys know i'm an investor in inconext uh definitely uh farming air drops on some of them like hot protocol for example in case they do a token in
the future i don't know if they will but you know a good uh astute delegate listener knows that every project is going to have a token except the daily way so you may as well farm for an airdrop uh you know using whatever heuristic you want to so so yeah anyway going to wrap that up there because there's a bunch of updates to get through um so hashflow announced today flow network announced today that they're uh launching cashflow public pools so the you get the same great set and forget it experience being an lp in an amm but with better capital efficiency and return on investment so hash flow public pools enables lps to contribute tokens single-sided lp by the way to professional market makers and earn yields leveraging off-chain pricing strategies put another way lps can ap in
eyes closed and let professional market makers do the work for them so essentially let me give you a bit of an example here of how this differs from something like uni-swap when you look really provide on uniswap the protocol does all the work for you right it is an amm an automated market maker it is two-sided it's not single-sided so if you were to do eighth usdc you'd have to supply fifty percent e-50 usdc or i guess you can change the weights depending on what amm you go into of course something like balancer um but it's actively matt it's sorry it's passively managed um because it's all just done by the contract whereas with something like cash flow you contribute uh you know ulp single sided to these professional market makers who will then pay you know pay a yield to basically take your capital and market make with
it now this is incredibly powerful because it basically gives professional market makers a flush you know a kind of like inflow huge inflow of capital that allows them to do more than what they were able to do before in a kind of like did you know in a kind of like decentralized and permissionless way as well so really really cool to see this is public i know it's been private for quite a while and i've done a lot of volume through this it's kind of like similar to what xerox does xerox has a network of market makers that execute trades i'm not sure if it's public yet where people can provide liquidity whereas cash flow is so i think that's that's just a really cool kind of like um release here today from them but anyway i'll link this in the youtube description and you can go check it out
for more details so uh ezgn zlz uh the ceo at pope put together this great thread today about um uh how pope is an ecosystem for the preservation of memories um so essentially i mean there's a it's a 15 tweet threat so definitely go give it a read it was really great but essentially i mean you guys know what pope is or pop but however you say it it basically allows you to get these kind of like nfts that prove that you attended something right whether that's an event or you were kind of like a genesis validator for the beacon chain or you kind of like did whatever i mean there's a there's um a poke for bit for watching the first hundred episodes of the daily great refuel you can basically have probes for anything but the reason why i guess like um she's calling it a preservation of
memories is because you basically not only have the proof that you were there or that you know you attended something or whatever um but you also have like a memory of it because seeing that you pull up in your wallet seeing that nft gives you kind of like you know flashback to where it was and it allows you to share these memories with other people so it's kind of like a scrapbook for your unchain identity i guess you could say right um which i think is really cool i mean i've been a huge fan of pop since day one basically um i haven't collected as much as i should have i don't have that many but any time that i you know kind of like um can get one i try to get one i love getting the ones from real life events because when you go to a real life event and you
get a pie i mean that's a that's a harder to obtain one right like online ones are pretty pretty easy to obtain but like uh the the real life ones are much harder because you actually have to go physically to the location unless you do a dodgy and someone kind of like send you a code but they're pretty strict about that at the events i've noticed that they don't just give out kind of like pop qr codes to anyone you have to kind of like be there um and you know you have to buy a ticket or whatever whatever event it was uh but yeah i really liked how it was framed here by by the ceo here so definitely go give this thread a read i'll link it in the description so make a dowels growth team put out a great tweet thread today about layer two
so obviously we're all talking about layer twos these days i talk about it on pretty much every refuel um but in this thread they break it down like what is a layer two and what does it mean for ethereum now probably most of you at this stage if not all of you should understand what a layer 2 is uh if not i haven't done my job but i'm fairly confident you know all of you will understand what it is at this point but if you want i mean this is an 18 tweet thread so there's a lot of juicy info in here if you want a just like a breakdown of it with visual explanations of how it all works uh you might learn something new as well maybe i've glanced over something definitely go give this thread a read i'll of course link it in the youtube
description but i think there's like a bunch of different ways you can learn about what l2s are there's the very technical way in this kind of like learning by analogy where people like to use public transportation as an analogy and i've used it before where basically i say that you know driving a car is like l1 right because you drive your own car it's expensive you have to pay for the gas no pun intended um you have to kind of like pay for servicing and maintenance and on-road costs and all that sort of stuff right like registration um whereas when you catch a bus you're kind of like pulling it to get you know together where basically all the people catching the bus you know split the split the payment for being on the road essentially um and it can carry more people and it's much more efficient
that's pretty much what i lay two is like right where we all go to layer two it basically splits the cost across users it rolls up the transactions and then posts the kind of like proof to to layer one and post the call data to layer one so it's a lot cheaper for for the end user so i really like those analogies i like learning by analogy i think it's one of the best ways to learn so yeah it's definitely worth giving this thread a read even if you think you understand layer twos i mean we can always learn more right so i'll link this in the youtube description and you can go check it out so a fresh update from spruce id who is building uh who are building a sign-in with ethereum so they've got their updates here with roadmap updates so the trdr is that they're
going to be adding ruby support which is a programming language russ support and python support which again in more programming languages and a discourse plug-in so you can read this for the full kind of i guess like um details on the updates here uh and they're also adding a bunch of other languages as well like java c-sharp and elixir which obviously for developers is really important and a discourse plugging you mean discourse is used quite heavily within the crypto community for different governance forums so it makes sense for them to have a sign in with ethereum button here or or or allowing discourse admins to add sign in with ethereum because uh that is just kind of like more and more embodying web three right because if we're using these kind of platforms to essentially interact with i guess web3 governance then shouldn't we be using
web3 logins yes and there just wasn't a way to do that very easily until now so really cool updates out of here from spruce id definitely give this blog post to read for more details it'll be linked in the youtube description all right so finally i wanted to talk more broadly about arjun and their integration with zk sync because i actually got access today to this on my arjun mobile wallet app it's so smooth it worked so well i just had to kind of like create my zk sync wallet um through argent and then i could could deposit from my arjun l1 wallet to my l2 wallet on zk sync and then i was able to just like a few clicks get started staking my eth through lido i only had a little bit of eth on there as i've said to you guys before i don't really use
mobile wallets very heavily because i'm on my computer all the time um but you know i tested it all out and it was so smooth and the fees were so cheap it was like a dollar to stake and by staking i mean like i in the background what it does is it basically trades your eighth for st8 which is lighter staked eve and then you know i'm earning a yield on my eighth there was also an option to do it through yearn as well which um is called a c2 and there's a there's a couple other things you can do on there right now as well like earn yield on your dollars and things like that um but yeah i mean arjun's quote waited and said you know this is really the the future of france they're they're they're ux partnered with or kind of
like coupled with the cheap phase of layer two and as i mentioned before they're not only going to be supporting zk sync they're also going to be supporting stark nets arbitrary and optimism and i'm sure polygon and things like that as well they're gonna be supporting all that sort of stuff but i think uh as i think i've mentioned this plenty of times it doesn't matter how good the underlying tech is if the ux to access it is trash then most people will get scared off and i love metamask right i think it's one you know one of the most battle hardened wallets we have it's secure it works really well if you know what you're doing with it but it is shockingly bad from a ux perspective for everyday users like i'm talking about the users who spend no time in crypto they don't care
about crypto all they care about is maybe getting a yield on their dollars for them using metamask is like the most alien thing in the world what's a gas fee right even just that sort of stuff like okay what's a priority fee how do i edit this like okay well what's this kind of like pending transaction when it's going to be confirmed then it links you to eat the scan with all this kind of like stuff in the transaction details i mean new users are just going to not understand that at all and they shouldn't have to so from that perspective argent's taken the approach of you know they don't even give you a seed phrase argent right they're basically like let's make this so simple to use let's make ethereum so simple to use and the reason why they haven't really taken off yet was because of the um the gas fee
issue where they had the really awesome interface but the fact that it would still cost a lot in ethereum gas fees in order to kind of use anything scared off a lot of people which is fair enough but now with the l2 integrations i think they're going to have some really nice growth going into next year and they're going to be able to onboard a lot of new people that you know will never use metamask like as a there's the reality is that most people will kind of like never use metamask um and and not use minima and probably not even use like a native ethereum wall to interact with these things they're going to use whatever's easiest now i would prefer them to use something like argent rather than a centralized exchange but centralized exchanges have such a massive user base already so they can
leverage that in order to get their users um to kind of like use them for things like defy but our journey is taking the other approach where they're like you know we believe in self-custody we believe in users doing it themselves but let's make it super easy for them to do that let's not just like complicate things for them let's not force them to use metamask or anything like that let's not even force them to use a hardware wallet because arjun's wallet is you know it's on your phone it's very secure it stores the uh the kind of like private key in the apple secure chip i'm i'm pretty sure um it also has like this guardian feature where you can have like multi-sig built in it's a smart contract wallet so you can have like white listing of addresses they're doing everything right and their
security is much higher than than a bank right because they give you all those extra options so really cool to see that um and just yeah just wanted to talk a little bit about that but i think that's going to be it for today so thank you everyone for listening and watching be sure to subscribe to the channel if you haven't yet give the video a thumbs up subscribe to the newsletter join the discord channel and i'll catch you all tomorrow thanks everyone