Andrew Beal (@ajbeal) 's Twitter Profile
Andrew Beal

@ajbeal

Forta Network | Writing @ 30,000 Feet

ID: 14355360

linkhttps://30000feet.substack.com/ calendar_today10-04-2008 21:18:22

4,4K Tweet

2,2K Followers

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We've worked alongside Nethermind since the very first day of Forta 🏰 3+ years ago, and they were instrumental in helping get Firewall to market. Partners for life!

Andrew Beal (@ajbeal) 's Twitter Profile Photo

How would this practically work - does the gov pick an arbitrary day of the year and calculate unrealized gains as of that date? Seems messy.

Andrew Beal (@ajbeal) 's Twitter Profile Photo

Interesting to see FORT pumping today. Maybe smart $ is finally realizing after Bybit that tx firewalls like Forta can block a lot of attacks and money laundering πŸ€” RWAs and institutional DeFi adoption are a massive forcing function for firewall adoption too

Forta 🏰 (@fortanetwork) 's Twitter Profile Photo

Forta Firewall & $FORT recap πŸ›‘οΈ Forta Firewall is securing the on-chain economy becoming a default infra for rollups πŸ’° 100% of Firewall revenue flows to the Forta treasury πŸ”’ $FORT supply permanently capped at 1B πŸ‘‹ Governance will decide how value flows back (buybacks, LP,

Andrew Beal (@ajbeal) 's Twitter Profile Photo

I'm always surprised (and frustrated) when I learn how much malicious activity there is onchain. 1/4 of ALL tokens on Base are rug pulls w/ malicious code 🀒🀒🀒

Andrew Beal (@ajbeal) 's Twitter Profile Photo

Decentralization β‰  censorship resistance. Both are a spectrum, and the market (end users) will ultimately tell you what it prefers. 99.999% of end users don't care about decentralization or censorship resistance. They just want to feel safe transacting on chain. Hard to argue

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Tbh, I don't think Ethereum's competitive advantage has anything to do with censorship resistance. It's first mover advantage, dev community and brand. And don't forget, Ethereum forked after DAO hack when it was a similar "age" to SUI.

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Solana is proving there is still a ton of demand for scarce *physical products* (branded phone, branded Ledger). Higher barrier to entry too, so way less competition.

ΚŸα΄Κ€α΄‡.xʏᴒ (@loredotxyz) 's Twitter Profile Photo

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Andrew Beal (@ajbeal) 's Twitter Profile Photo

Massive s/o to Brad Gerstner for getting this done. Everyone in America should have "skin in the game". Hopefully it has an impact on financial literacy too.

Andrew Beal (@ajbeal) 's Twitter Profile Photo

Tough day. Like many of my relationships in this industry, my interactions with Eugene were exclusively over video chat and Telegram. But it was obvious he was incredibly sharp, focused and committed to making Plume - RWAfi Chain a giant success. I will miss working with him.