Georgi Koreli
@gegelz01
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9K
Following
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chief @hinkal_protocol, babysitter for @SV_Icons. 2x Stanford. 2x Sambo World Champion.
Bay Area
Joined November 2022
You've built L1 blockchain that has $35b fdv and no users. Retail and instos bought your bags because they believed in the promises you made. You're in a tough position because if you tell them the truth your stake goes to 0. It's already 10th year and you still live in a lie. You lost morale.
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End public wallets. You come from private wallet (bank) to public wallet (blockchain). This is not right. This is not the path to onboarding billions. You come from private wallet (bank) to private wallet (blockchain) and this is becoming possible on the main chains.
Having a public wallet is ABSOLUTELY NEGATIVE EV. A lot of broke influencers retards called me a larp this entire cycle cuz they werenāt making money and assumed I was lying because I wouldnāt post my wallets publicly but I went through the BS Frank going through in 2021. After $gm massive win my wallet was one of the most tracked. I got forced to hodl millions of dollars of coins to zero because everyone said I was just farming them otherwise. Huge mistake. Trading in public wallets is very very negative EV ā¦ only reason to do it is if you really do want to farm everyone cuz you donāt have actual skills. Since 2021 cycle I havenāt done a single trade in my public wallet of importance. Other than buying pudgies and punks. And I like to keep it that way. I post all required details and wallet info for my chats to track for perps trading but for memes I keep it tight.
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@wizardofsoho You know the solution - invisible wallets by @hinkal_protocol , any txn in full privacy
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Comparing L1 FDVs at the launch is the dumbest thing you could do. The number of shady things happening to boost FDV is unimaginable, and the ones that don't boost are then punished by ct. Give it a yearālet the ecosystem develop and prove its true worth over time.
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2024: dApp => L2 =>L1 2025: L1 => dApp Value games > valuation games
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RT @hinkal_protocol: ā¤ļøš¤š¤š¤š¤š¤ 1 heart left. Every trade you make is visible to your counterparties. They know when you're in a position toā¦
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Spot on. DYOR and build smth useful.
Feel like some havenāt understood it yet so Iāll just spell it out- 1. Stop asking wen Alt season- alt seasons as you know them are no more. Just occasional dumb pockets of liquidityā like when the noob gets his monthly paycheck and goes to the casino or poker room to gamble against the odds and eventually lose it. 2. The 4 year btc cycle is also no more. Inflation halvings dont matter under 1% emissions as now, and macro cycles have been repressed by the US money printing. We will just get more random and unpredictable choppiness now. 3. The retarded āL1 premiumā is no more. It finally got saturated with all the chains. You want premium, go build smth that actually innovates and can get to sustainable revenue. Clear enough? Adapt or get chopped up. No pressureā just your whole future bloodline depending on you getting this right.
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This is hilarious š
Damn @solana cooked @ethereum with this ad for sure lmao @aeyakovenko vs @vitalikbuterin ā ļøā ļøā ļø
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RT @simbajonga2: So much depth, humility, intellect, and decades of hard-earned wisdom. This is what makes Silicon Valley special; legendsā¦
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Thereās a story of Silicon Valley that has largely unfolded over the last 25 years. Itās the story of a tiny region on the West Coast of the US that has consistently made the world a better place to live. And thereās one person who was instrumental in making this world possible, serving as the right hand to the founders of some of the biggest outcomes. That person is @peterfenton . While you might learn about most venture capitalists from the podcasts they appear on or the books they write, thatās not how you learn about Fenton. You learn about him by reading books about Uber and Twitter, by hearing other founders speak about him, and by listening to venture capitalists who say heās the hardest-working VC in Silicon Valley. He hosted us three years ago when we had just started @sv_icons , and yesterday we were lucky to meet him again. The first time is always special, and I thought Iād be prepared to grasp the depth of his personality this time aroundāafter all, weāve hosted over 200 speakers in the past three years. But I was wrong. Heās one of a kind, a person you can never listen to enough, and with each response, you find yourself wondering, āHow is it possible to think this deeply about such things?ā As one of the participants put it, it was āthe equivalent of the lowest level of programming language in human understanding.ā There are 8 billion people in the world, and only one Fenton.
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We are proud to have Kiln, the leader in institutional staking with over $13b in assets, supporting the mission of Hinkal to enable privacy of the wallet data for stablecoin payments and institutions coming on-chain. Thank you for the amazing pod! Very soon, I'll be writing just payments without "stablecoin" side of it since no other payment methods will be mainstream.
š Exciting news! šļø Our next episode of the Kiln Restaking Rendez-Vous features @gegelz01 from @hinkal_protocol. @hinkal_protocol will leverage @symbioticfi restaking protocol to enhance the decentralization of their relayers. š Be ready for this discussion that will approach the future of privacy in public blockchains and innovative solutions for secure transactions. š Get ready to dive deep into the world of blockchain privacy!
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Let me share one non-consensus opinion that is becoming consensus right now. The only place where stablecoin payments are happening is public chains - liquidity hubs (ETH, SOL, L2s, EVM L1s). Why stables should happen in the liquidity hubs vs new l1s - the answer is simple = liquidity and yield. USDC has the highest TVL/vol on those chains. Next Ethena is going to happen there - they have the highest security and infra for txns. TLDR, the only viable place for private payments to happen is public chains, not private chains. The Q2 here - how can they happen on public chains without damaging UX? The best way for private payments to happen is when you don't notice they're private, right? That's what good UX means - subtraction instead of addition. So you use your wallet or just add SDK/API to call "shielding function" and that's it. No shilling - I won't even say the name of the solution, but it's out there. And people love it.
Private stablecoin transactions will unlock a new level in the game - watch.
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The excitement of our devs reflects the pace of shipment. We're all 100% convinced that invisible wallets will onboard web2 people and corporates to crypto. Corporate comes to crypto => creates invisible wallet => does all txn via the wallet that no one can track
š Huge progress on the Hinkal Wallet UI/UX today! We're on a mission to deliver the smoothest, most intuitive experienceāoptimizing both functionality and design. Stay tuned, you wonāt want to miss whatās coming! šš„ #Hinkal
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Hide your assets from Drake. Become invisible on-chain.
In just 4 days, 170k shared this Tweet to get Early Access to Hinkal Invisible Wallet š Hide your assets from Drake. Stay hinsible
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The whole crypto industry happens at conferences. I'm glad we have this solution.
Use conferences / trade shows as a sales channel? Weāve developed an AI agent that reaches out to your fellow attendees and books meetings directly to your calendar. You provide a list of attendees and one simple first message. Our agent does the rest. Why conferences / trade shows? 1. Attendees are pre-qualified 2. Specific reason for your outreach (not just cold) 3. Urgency / specific deadline for response And most importantly: Weāve already booked hundreds of meetings for our beta customers (see what theyāre saying on our websiteš) Weād love for you to test it out and give us feedback. Early access link below.
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