Tso’s Tweets | Sep 2024, ᔑᑌᗰᗰEᖇ ᑎEᐯEᖇ Eᑎᗪᔑ
David Tso
<1 min read·
Welcome to the Tso’s Tweets newsletter! Every month, I curate my best thoughts, ideas, and observations on crypto and the industry at large.
cbBTC
376
cbBTC allows BTC to be freely used on the fastest growing onchain economy – @base
This unlocks so many use cases for BTC with hundreds of apps on Base and faster and cheaper transactions
And we’re only getting started… this is how we’re bringing the next billion people onchain
This unlocks so many use cases for BTC with hundreds of apps on Base and faster and cheaper transactions
And we’re only getting started… this is how we’re bringing the next billion people onchain
Yup!
On @base, your BTC will show up as cbBTC
To get back to BTC, simply send your cbBTC back to your @coinbase account
On @base, your BTC will show up as cbBTC
To get back to BTC, simply send your cbBTC back to your @coinbase account
Wow so you can transfer $BTC from your @coinbase account to an ethereum address and it will automatically convert the bitcoin into $cbBTC
Can use $cbBTC on @base dapps like @AerodromeFi and @MoonwellDeFi
Frictionless borrowing against your $btc onchain
Base liquidity unlock
Can use $cbBTC on @base dapps like @AerodromeFi and @MoonwellDeFi
Frictionless borrowing against your $btc onchain
Base liquidity unlock
cbBTC has 1:1 fungibility with BTC on @coinbase
This means that the $137B+ BTC held by Coinbase users can now go onchain to securely access DeFi apps on @base
"Bitcoin is the granddaddy of all crypto assets," says Will Robinson, VP of engineering at Coinbase.
@willrobinson23 explains why Coinbase launched cbBTC, aiming to bring Bitcoin to DeFi.
Listen now: bit.ly/3MK9WeJ
This means that the $137B+ BTC held by Coinbase users can now go onchain to securely access DeFi apps on @base
"Bitcoin is the granddaddy of all crypto assets," says Will Robinson, VP of engineering at Coinbase. @willrobinson23 explains why Coinbase launched cbBTC, aiming to bring Bitcoin to DeFi. Listen now: bit.ly/3MK9WeJ
The Bitcoin economy on @base is at:
- $100M in total market cap
- $225M in 24-hour transfer volume
- $25M in daily DEX trading volume led by @AerodromeFi
Follow cbBTC’s growth on @dune
- $100M in total market cap
- $225M in 24-hour transfer volume
- $25M in daily DEX trading volume led by @AerodromeFi
Follow cbBTC’s growth on @dune
dune.com
Coinbase Wrapped BTC (cbBTC)
Free crypto analytics by and for the community. Access crypto data tools and blockchain analytics with 700,000+ dashboards covering DeFi, NFTs, and onchain data. Track meme coin metrics, DEX analys...
Tweets of the Month
Onchain Fall 
Onchain Winter 
The @base builder mentality:
1. Build incredible UX
2. Create real onchain utility
3. Collaborate in positive sum ways
What am I missing?
1. Build incredible UX
2. Create real onchain utility
3. Collaborate in positive sum ways
What am I missing?
Base is built on Ethereum
Base is a part of Ethereum
Base is expanding Ethereum
Base is a part of Ethereum
Base is expanding Ethereum
Come earn weekly UBI (Universal Builder Income) on @base 
Earn ETH for posting what you've built on Base this week!
Share a post with what you've built this week on Base using the hashtag #basebuilds to be eligible to earn a portion of the 2.25 ETH reward pool.
rounds.wtf/base-builds/ba…
Share a post with what you've built this week on Base using the hashtag #basebuilds to be eligible to earn a portion of the 2.25 ETH reward pool.
rounds.wtf/base-builds/ba…
Every month, the @base team hosts a Base Builder Friday on the roof of our onchain office
We do this so we can bring together based builders and better support them
Build Anything, Support Everyone
We do this so we can bring together based builders and better support them
Build Anything, Support Everyone
Base is for everyone, and we’re inviting everyone to join us on this journey
Why? Because it’s going to take all of us to build the next generation of the internet
Why? Because it’s going to take all of us to build the next generation of the internet
quick friday video on how I think about:
- @base's strategy
- our north star metrics
- how you can contribute as a builder
we will go further together.
- @base's strategy
- our north star metrics
- how you can contribute as a builder
we will go further together.
In 3 months, OᑎᑕᕼᗩIᑎ ᔑᑌᗰᗰEᖇ resulted in:
- $5M+ in onchain revenue for builders, creators, and projects
- 2M+ unique wallets participating in onchain experiences
- 24M+ onchain assets minted
Now, let’s keep bringing the world onchain because ᔑᑌᗰᗰEᖇ NEVER ENDS
- $5M+ in onchain revenue for builders, creators, and projects
- 2M+ unique wallets participating in onchain experiences
- 24M+ onchain assets minted
Now, let’s keep bringing the world onchain because ᔑᑌᗰᗰEᖇ NEVER ENDS
After three incredible months, OᑎᑕᕼᗩIᑎ ᔑᑌᗰᗰEᖇ has come to a close
BUT ᔑᑌᗰᗰEᖇ NEVER ENDS
Here’s a look back at some of the highlights that made it unforgettable this year
wallet.coinbase.com/nft/mint/eip15…
BUT ᔑᑌᗰᗰEᖇ NEVER ENDS
Here’s a look back at some of the highlights that made it unforgettable this year
wallet.coinbase.com/nft/mint/eip15…
Base is an Ethereum L2
Base chose ETH as its currency
Base uses Ethereum for settlement
Base leverages Ethereum for data availability
Base relies on Ethereum to determine its state
Base chose ETH as its currency
Base uses Ethereum for settlement
Base leverages Ethereum for data availability
Base relies on Ethereum to determine its state
Still day one
Let’s keep building, creating, connecting, and dreaming together
Let’s keep building, creating, connecting, and dreaming together
This summer, you created, connected, and competed—all onchain.
Onchain Summer may be over now, but the numbers tell the story. Thanks for diving in.
Onchain Summer may be over now, but the numbers tell the story. Thanks for diving in.
Transcript of @brian_armstrong’s talk at the @GoldmanSachs conference today
With transactions under one second and one cent, @base is the best payment rail globally to date
With transactions under one second and one cent, @base is the best payment rail globally to date
Base welcomes anyone, any asset, and any community with open arms
Come build the global onchain economy with us
Come build the global onchain economy with us
Online = the free flowing of information
Onchain = the free flowing of value/money
Onchain = the free flowing of value/money
In the late 90s and early 2000s, getting online transformed the world
Now, getting onchain will kick off the next transformation, making it easier for everyone to participate in an open, decentralized economy and increasing economic freedom globally
Now, getting onchain will kick off the next transformation, making it easier for everyone to participate in an open, decentralized economy and increasing economic freedom globally
Regular reminder that you can find all of our sources of funding, amplification, and tools on the @base Builder Resource Kit :)
base.org
Base | Get Started
Base is a secure, low-cost, builder-friendly Ethereum L2 built to bring the next billion users onchain.
At @base, we’re building toward a future where onchain is integrated into every part of someone’s day-to-day existence
We want to give everyone, everywhere a better platform to pay, earn, and live their lives
𝗢𝗡𝗖𝗛𝗔𝗜𝗡 𝗗𝗔𝗜𝗟𝗬
“If you had fast, cheap, and global payments, what might that allow you to do?”
— @brian_armstrong's fireside chat at the Goldman Sachs Communacopia Technology Conference, brought onchain via @zora
zora.co/collect/base:0…
We want to give everyone, everywhere a better platform to pay, earn, and live their lives
𝗢𝗡𝗖𝗛𝗔𝗜𝗡 𝗗𝗔𝗜𝗟𝗬 “If you had fast, cheap, and global payments, what might that allow you to do?”
— @brian_armstrong's fireside chat at the Goldman Sachs Communacopia Technology Conference, brought onchain via @zora
zora.co/collect/base:0…
Online = walled gardens
Onchain = an infinite garden
Onchain = an infinite garden
The reason @base succeeds will be because of based builders around the world 
It’s time to build!
It’s time to build!
Base is going global to build deeper connections with builders around the world
We’re hosting a series of regional buildathons in Africa, India, Southeast Asia, and LatAm, with 100 ETH in prizes — and meetups worldwide
base.mirror.xyz/Fk1jnSmh84Mlau…
We’re hosting a series of regional buildathons in Africa, India, Southeast Asia, and LatAm, with 100 ETH in prizes — and meetups worldwide
base.mirror.xyz/Fk1jnSmh84Mlau…
1M builders and 1B people, onchain
It’s only a vision if you think long term
It’s only a vision if you think long term
Base is about playing long term games, lifting each other up, and building something lasting together
Our goal at @base is to bring the top 100 global currencies onchain 
This way, everyone can onboard in a way that is familiar to them in their local currencies and benefit from low-cost, faster, and global payments and FX
Excited to see issuers like @idrx_co leading the way
This way, everyone can onboard in a way that is familiar to them in their local currencies and benefit from low-cost, faster, and global payments and FX
Excited to see issuers like @idrx_co leading the way
BM
IDRX is building on @base
As one of the first Indonesian stablecoin, pegged 1:1 to the Indonesian Rupiah, IDRX offers security, stability, and reliability.
We are excited to be a part of this growing ecosystem!
IDRX is building on @base
As one of the first Indonesian stablecoin, pegged 1:1 to the Indonesian Rupiah, IDRX offers security, stability, and reliability.
We are excited to be a part of this growing ecosystem!
The plan?
1M+ builders
1B+ people
1T+ assets
Onchain
1M+ builders
1B+ people
1T+ assets
Onchain
the medium term goal for the @base economy is to scale to $1T+ in assets onchain
Base is for everyone who wants to build a better internet, and we’re calling builders around the world to solve problems in their communities onchain
Just build it
Just build it
quick video on why and how to join based around the world
Build in public, so you can build alongside the @base core team and community
Onchain is an internet owned by the people, creators, and builders
Consumer Apps / Experiences I Liked
Launching on @base 
new app
cooking a new prediction market for AI startups like OpenAI, Anthropic, and now SSI by @ilyasut
@offmarketfun 
new app cooking a new prediction market for AI startups like OpenAI, Anthropic, and now SSI by @ilyasut
@offmarketfun
The @base team deploying fun hackathon projects onchain
Very bullish
Very bullish
Check out our hackathon project - Onchain Snake 
It's just like the OG Snake from your Nokia phone except you can save your score to a global onchain leaderboard (Built on @Base and totally free ofc!)
Check it out and see if you can make the Top 10!
It's just like the OG Snake from your Nokia phone except you can save your score to a global onchain leaderboard (Built on @Base and totally free ofc!)
Check it out and see if you can make the Top 10!
Hi @rodeodotclub
𝗢𝗡𝗖𝗛𝗔𝗜𝗡 𝗗𝗔𝗜𝗟𝗬
We're posting in-progress work on @rodeodotclub, a new experimental onchain platform
Post what you're working on and earn for every mint
[Onchain Daily Icon Explores | Spring '24] minting for 24 hours
rodeo.club/post/0x96c2E93…
𝗢𝗡𝗖𝗛𝗔𝗜𝗡 𝗗𝗔𝗜𝗟𝗬 We're posting in-progress work on @rodeodotclub, a new experimental onchain platform
Post what you're working on and earn for every mint
[Onchain Daily Icon Explores | Spring '24] minting for 24 hours
rodeo.club/post/0x96c2E93…
The @D20_Labs/@visitsugartown team has been cooking nonstop and is now here to lead the way with social gaming
Excited for RNPC to launch on @base!
Excited for RNPC to launch on @base!
Introducing the worldwide release of Royal Nutz Poker Club, D20's first social casino poker game - built on Base and optimized for both Web and Mobile experiences 
RNPC will be the first multi-table poker championship game brought onchain, powered by sponsorships.…
RNPC will be the first multi-table poker championship game brought onchain, powered by sponsorships.…
At @coinbase, we serve onchain coffee and tea at the office to show folks that the UX is good enough and to make the @base, @CoinbaseWallet, and @slice__so experience EVEN BETTER for everyone
How can we onboard others if we don’t use our own tech?
How can we onboard others if we don’t use our own tech?
Onchain payments are the OG use case of crypto
For us, @base cafe is an opportunity to let the world know that it is now possible to use crypto for everyday things like coffee with @CoinbaseWallet and @slice__so and to make these products work better with user feedback
For us, @base cafe is an opportunity to let the world know that it is now possible to use crypto for everyday things like coffee with @CoinbaseWallet and @slice__so and to make these products work better with user feedback
That’s a wrap for Day 1 at @token2049!
Thank you to everyone who joined us at @base cafe today. We had a blast getting everyone #onchain.
We’ll be open tomorrow starting at 7:30 AM, so come hang out and enjoy a free coffee on us. Find us at MBS Convention Centre, Level 3.
Thank you to everyone who joined us at @base cafe today. We had a blast getting everyone #onchain.
We’ll be open tomorrow starting at 7:30 AM, so come hang out and enjoy a free coffee on us. Find us at MBS Convention Centre, Level 3.
The onchain release of “Vitalik: An Ethereum Story” is here
A 3 year effort led by @ljxie and @zachingrasci, crowdfunded by the @ethereum community, with a full onchain-native distribution
Mint your ticket and stream NOW at
A 3 year effort led by @ljxie and @zachingrasci, crowdfunded by the @ethereum community, with a full onchain-native distribution
Mint your ticket and stream NOW at
ethereumfilm.xyz
Streaming Ticket
WATCH “VITALIK: AN ETHEREUM STORY” NOW!
Vitalik: An Ethereum Story is a feature documentary chronicling @VitalikButerin and Ethereum’s community of builders as they fight for an open internet accessible to all
Mint your onchain ticket to stream the film
ethereumfilm.xyz
Mint your onchain ticket to stream the film
ethereumfilm.xyz
Need more frictionless onboarding experiences like @sofamon_xyz’s to bring the world onchain
I often talk about building better crypto experiences, but what does that look like?
It looks like this flow from @sofamon_xyz.
Mobile friendly, login with Google, pay with ETH, credit card, or Apple Pay (all powered by Stripe).
This is the experience that users deserve.
It looks like this flow from @sofamon_xyz.
Mobile friendly, login with Google, pay with ETH, credit card, or Apple Pay (all powered by Stripe).
This is the experience that users deserve.
It’s finally here 
So excited to have @WeArePlanetMojo games including Mojo Melee, GoGo Mojo, Mojo Maker, and the upcoming Prophecy of the Ancients launch on @base!
So excited to have @WeArePlanetMojo games including Mojo Melee, GoGo Mojo, Mojo Maker, and the upcoming Prophecy of the Ancients launch on @base!
REVEALING: The Base Chest Mint
The wait is over: Planet Mojo is bringing you a FREE NEW MINT on @base—exclusively for Coinbase Smart Wallet users!
These chests are our way to welcome the Base community to the Planet Mojo gaming ecosystem
Which rare new NFT will you…
The wait is over: Planet Mojo is bringing you a FREE NEW MINT on @base—exclusively for Coinbase Smart Wallet users!
These chests are our way to welcome the Base community to the Planet Mojo gaming ecosystem
Which rare new NFT will you…
Memes are about to get a lot more fun on @base 
we’re launching a brand new game, unlike anything you’ve seen before. memecoins are about to get a lot more rug.fun
but first, meet Dotto. Dotto is important to the game
collect Dotto and get ahead. you’ll unlock special advantages and priority access when we…
but first, meet Dotto. Dotto is important to the game
collect Dotto and get ahead. you’ll unlock special advantages and priority access when we…
Onboarded a local artist with @CoinbaseWallet and minted an artwork on Onchain Vision in <60s
With Smart Wallet and @base, you can now create a significant aha moment for anyone just coming onchain – one they can experience right away
Who will you onboard this weekend?
With Smart Wallet and @base, you can now create a significant aha moment for anyone just coming onchain – one they can experience right away
Who will you onboard this weekend?
It’s time to update the system
Not because it’ll be easy, but because there’s hard work to do – and we’re going to do it the right way despite the unknowns
Thank you @AtriumNft, @CC0_Studios, @Anaroth__, @0xLawl, and @phuncal for portraying the @base mindset
𝗢𝗡𝗖𝗛𝗔𝗜𝗡 𝗗𝗔𝗜𝗟𝗬
Update the System: A short film from @AtriumNft, presented by @CC0_Studios
“Sometimes, embracing the unknown is the only way forward.”
Written by @Anaroth__ and @0xLawl, animated by @phuncal, and minting on @zora
zora.co/collect/base:0…
Not because it’ll be easy, but because there’s hard work to do – and we’re going to do it the right way despite the unknowns
Thank you @AtriumNft, @CC0_Studios, @Anaroth__, @0xLawl, and @phuncal for portraying the @base mindset
𝗢𝗡𝗖𝗛𝗔𝗜𝗡 𝗗𝗔𝗜𝗟𝗬 Update the System: A short film from @AtriumNft, presented by @CC0_Studios
“Sometimes, embracing the unknown is the only way forward.”
Written by @Anaroth__ and @0xLawl, animated by @phuncal, and minting on @zora
zora.co/collect/base:0…
Infrastructure Updates
If you want to have signature-less experiences with no wallet pop-ups for your consumer app on @base: @OnchainKit + @coinbase Smart Wallet session keys are the answer
just built a 10x better onchain feed in 4 hours
the combination of @base, @OnchainKit, and @coinbase smart wallet session keys are insanely powerful — new onchain UX paradigm unlocked
the combination of @base, @OnchainKit, and @coinbase smart wallet session keys are insanely powerful — new onchain UX paradigm unlocked
Less clicks, more adoption
@OnchainKit + @coinbase Smart Wallet session keys are going to be a huge unlock for consumer apps on @base
@OnchainKit + @coinbase Smart Wallet session keys are going to be a huge unlock for consumer apps on @base
every click a user makes in a consumer app is a miracle (h/t @nikitabier )
session keys enable onchain apps to break out with far fewer miracles required
truly a fundamental upgrade for onchain UX
session keys enable onchain apps to break out with far fewer miracles required
truly a fundamental upgrade for onchain UX
Can’t stop, won’t stop scaling @base
Introducing Scaling Base, a new series documenting our technical progress towards making Base accessible to all
To start, we're detailing our plan to achieve 1 Mgas/s increases each week, and sharing our approach as we near the upcoming Ethereum upgrade
base.mirror.xyz/6NDvVKw8x5obo3…
To start, we're detailing our plan to achieve 1 Mgas/s increases each week, and sharing our approach as we near the upcoming Ethereum upgrade
base.mirror.xyz/6NDvVKw8x5obo3…
Session keys unlock experiences that keep all of the unique properties of wallets (e.g. self-custody, data portability) without sacrificing on UX compared to web2:
- Sign in and never see mention of a wallet again
- High-frequency transactions (e.g. gaming, social)
- Background…
- Sign in and never see mention of a wallet again
- High-frequency transactions (e.g. gaming, social)
- Background…
Session keys for Base are a big deal
The owner of a wallet no longer needs to manually approve each transaction. They can set a pre-approved limit for each app, and the app can perform transactions in their behalf.
This unlocks various use cases.
First, user actions (imagine…
The owner of a wallet no longer needs to manually approve each transaction. They can set a pre-approved limit for each app, and the app can perform transactions in their behalf.
This unlocks various use cases.
First, user actions (imagine…
Remember Frame Friday?
It’s that time again – go pin frames on your @base name profile!
It’s that time again – go pin frames on your @base name profile!
It’s been one month since Basenames launched, and we’re about to hit half a million Basenames claimed
Now we're launching Frames, which let you do things like get paid, sell with @slice, get subscriptions to your @hypersubxyz, and so much more — all directly from your Basename…
Now we're launching Frames, which let you do things like get paid, sell with @slice, get subscriptions to your @hypersubxyz, and so much more — all directly from your Basename…
Frames + Basenames = a 10x more powerful onchain Linktree
New distribution channel for @base builders unlocked
Create yours:
New distribution channel for @base builders unlocked
Create yours:
base.org
Basenames
Basenames are a core onchain building block that enables anyone to establish their identity on Base by registering human-readable names for their address(es). They are a fully onchain solution which...
a quick overview of:
1. why we added frames to basenames
2. how to make your basename your onchain linktree
it seems small, but this is the start of something big.
1. why we added frames to basenames
2. how to make your basename your onchain linktree
it seems small, but this is the start of something big.
With Basenames, you can pin your @paragraph_xyz newsletter as a frame and let people one-click subscribe without ever leaving the site
Frames are like magic and will be major for @base builders, creators, and artists to share their work
Try it out @ base.org/name/dave
Frames are like magic and will be major for @base builders, creators, and artists to share their work
Try it out @ base.org/name/dave
Tomorrow, @base will be boosting the per block gas target from 10 → 11 Mgas/s as part of our planned scaling efforts to increase the Base gas target by 1 Mgas/s each week
We’ll continue to make onchain accessible and affordable for everyone until the whole world can participate…
We’ll continue to make onchain accessible and affordable for everyone until the whole world can participate…
And that’s my monthly roundup! Subscribe for free to receive new posts and follow me to stay in the loop.
Collect this post as an NFT.
Latest newsletter, “Summer Never Ends” just dropped on @paragraph! I cover why: - @base is the best payment rail to date - Smart Wallet session keys are a huge unlock - Basenames are a 10x better Linktree - cbBTC enables new use cases for BTC onchain - And more https://paragraph.xyz/@cryptso/summer-never-ends