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The Alternative Thesis of Consumer Crypto

A FarCon Lightning Talk Proposal

Cassandra Heart

Cassandra Heart

This is a conference talk proposal for FarCon, the Farcaster conference taking place in Los Angeles, May 2-5, 2024. For more information, see https://farcon.xyz or https://www.warpcast.com/~/channel/farcon

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1) What

"Consumer Crypto" is a phrase overloaded in the space, but many have converged on the same general definition: making crypto as ubiquitous as other elements of the web for regular consumers. This has many parallels to the early days of the hobby computer industry, where many businesses (small and multi-billion dollar alike) tried their hand at defining the destiny of home computers – resulting in extremely bizarre attempts ranging from the Kitchen Computer to hand-wirewrapped breadboard kits loaded with BASIC and a hastily assembled programming manual.

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Yes, they really said this.

All of these companies jockeying to make humans fit into their ideas of home computers ultimately lost out to the few who understood that you have to make home computers fit into the idea of humans. The same could be said for crypto today: Account Abstraction, paymasters, gas limits, "gigagas" – all these ideas attempting to fit an idea of human needs into a crypto shaped hole.

My talk introduces the Alternative Thesis of Consumer Crypto: countering this era's version of Big Blue with a complete reworking of how crypto should be, challenging us to Think Different as we did four decades ago – making crypto be what consumers want, rather than the other way around, and demonstrating what that actually looks like, contrasting against what it's looked like for the past few years.

If you've read some of my previous works (https://paragraph.xyz/@quilibrium.com/doom-on-frames and https://paragraph.xyz/@quilibrium.com/an-epitaph-for-blockchain), you'll get a sense for what I'm going to cover, with some very big surprises in the demonstration.

2) Why

Quilibrium is as much a redesign of modern crypto as it is a counter culture movement to return to the origin of the space: pro-privacy, pro-freedom, with no way to let in corporate centralized masters or censors. And true to that ethos, while we are a sponsor of FarCon, I am pitching this as a lightning talk at FarCon, for you to decide to hear me, rather than having a dedicated unquestionable timeslot, and I would be greatly honored to have your vote.

Cassie HeartFarcaster
Cassie Heart
Commented 1 year ago

Last call for votes, friends! If you're going to FarCon and want to hear my lightning talk, please vote 🙏 https://paragraph.xyz/@quilibrium.com/the-alternative-thesis-of-consumer-crypto

dawufiFarcaster
dawufi
Commented 1 year ago

hype on this one!

iSpeakNerd 🧙‍♂️Farcaster
iSpeakNerd 🧙‍♂️
Commented 1 year ago

wdym vote? vote how?

Cassie HeartFarcaster
Cassie Heart
Commented 1 year ago

If you're going to FarCon, your address is whitelisted to vote in the above frame

iSpeakNerd 🧙‍♂️Farcaster
iSpeakNerd 🧙‍♂️
Commented 1 year ago

lol i dumb ty. didn't even catch that it was a voting frame, just clicked pic to go to paragraph voted ✅

brittFarcaster
britt
Commented 1 year ago

I’m in

RuvFarcaster
Ruv
Commented 1 year ago

I am not going but this is cool 😎 $100 DEGEN

bigbully🙃 Farcaster
bigbully🙃
Commented 1 year ago

100 $DEGEN

bigbully🙃 Farcaster
bigbully🙃
Commented 1 year ago

I won’t be there, but I’d love to hear this talk

laleFarcaster
lale
Commented 1 year ago

It looks great and I hope you give your lightning talk

Berny • 𝓠 •Farcaster
Berny • 𝓠 •
Commented 1 year ago

I'm unable to vote but I hope that you get to share your lightning talk

dawufiFarcaster
dawufi
Commented 1 year ago

sharing spreadsheet i made for myself with lightning talk submissiosn ive seen If you submitted a talk and you're not on the sheet let me know! Would like to make this comprehensive for authors and easy for voters gl fam <3 https://docs.google.com/spreadsheets/d/1NERSZr-9tkm_U7x0-Gn3pLrGBykPsNte-zmFaa4VPS0

liangFarcaster
liang
Commented 1 year ago
dawufiFarcaster
dawufi
Commented 1 year ago

added!

liangFarcaster
liang
Commented 1 year ago

Thanks for including my talks proposal. But the title is wrong haha Sufficient Financialization (not sufficient Centralization) 😆 😆 😆 https://paragraph.xyz/@us3r/sufficient-decentralization

dawufiFarcaster
dawufi
Commented 1 year ago

classic wuf. will update! tx for flag

dawufiFarcaster
dawufi
Commented 1 year ago

but centralization would be a funnier talk too lol

liangFarcaster
liang
Commented 1 year ago

true dat...hahah

ColinFarcaster
Colin
Commented 1 year ago

25000 $DEGEN Huge thanks for putting this together! This was the missing piece 😅

ted (not lasso)Farcaster
ted (not lasso)
Commented 1 year ago

10000 $degen for jumping in and helping!!! appreciate you

dawufiFarcaster
dawufi
Commented 1 year ago

Man I missed a bunch of responses. All you guys! Just here to support 🫂

Cassie HeartFarcaster
Cassie Heart
Commented 1 year ago
dawufiFarcaster
dawufi
Commented 1 year ago

Late response but you're in (and have been for a bit since someone else flagged)

Minh DoFarcaster
Minh Do
Commented 1 year ago
dawufiFarcaster
dawufi
Commented 1 year ago

adding to the list :)

Minh DoFarcaster
Minh Do
Commented 1 year ago

Thank you!

Mac BudkowskiFarcaster
Mac Budkowski
Commented 1 year ago
dawufiFarcaster
dawufi
Commented 1 year ago

on it! <3

Mohammad 🎩Farcaster
Mohammad 🎩
Commented 1 year ago

Thanks for sharing the spreadsheet! I

dawufiFarcaster
dawufi
Commented 1 year ago

Np 🫂

Valerie CarrilloFarcaster
Valerie Carrillo
Commented 1 year ago

Awesome, thank you for doing that!

dawufiFarcaster
dawufi
Commented 1 year ago

np <3

simpledelusionFarcaster
simpledelusion
Commented 1 year ago

huge respect bruv

Cassie HeartFarcaster
Cassie Heart
Commented 1 year ago

Execution and well-conceived integration are a mandatory minimum of realizing the potential of new innovations. Grab a coffee (or hot chocolate if you're @greg), sit back, and relax, we're going on a deep dive.

Cassie HeartFarcaster
Cassie Heart
Commented 1 year ago

The Apple ][ is frequently hailed as one of the major milestones in personal computers. Not only did it make home computing more accessible than ever, it delivered many things we now take for granted that were incredible technological achievements for the time. Did you catch them in the picture above?

Cassie HeartFarcaster
Cassie Heart
Commented 1 year ago

Let's look at an example of what others in the industry were offering to help demonstrate the difference: The Commodore PET. See the difference now? The Apple ][ could do color - something no other personal computer had been doing yet. The Apple ][ had floppy disks, faster and at greater capacity than any other. How?

Cassie HeartFarcaster
Cassie Heart
Commented 1 year ago

At the time, video signals for home computers utilized NTSC composite video, the kind that worked with television monitors. These sets supported color through chrominance subcarrier frequency modulation - a technique that at the time typically required expensive chips to support.

₿Ξnbodhi ✦⁺Farcaster
₿Ξnbodhi ✦⁺
Commented 1 year ago

Cool thread! I missed the application for a farcon pass unfortunately, but wish I could be there for your talk! Super interesting!

yesyesFarcaster
yesyes
Commented 1 year ago

Good thread. I am quil-pilled now.I think i understood the issue with scaling the current blockchain models but I believe providing more visual representations of Quilibrium's structure would be helpful. I had to use claude to help me mentally visualize the bipartite graph in Qulibrium's structure.

yesyesFarcaster
yesyes
Commented 1 year ago

it's clearly time for me revise and learn more about cryptography and data structures. Will read more about quilibrium after that. Also,I love how ambitious this project is. I hope it succeeds. Docs say system requirements will reduce after dusk, when is that? (i think it will happen soon, right?)

Cassie HeartFarcaster
Cassie Heart
Commented 1 year ago

We're in the first stage of Dusk, the next reduces reqs and unlocks tokens

RafiFarcaster
Rafi
Commented 1 year ago

Thank you for writing this. I think it will take few more threads like this (and some hardcore reading on my part!) to fully understand how Quilibrium work. Your allegories to the past and references to current scaling problems helped me gauge its problem space.

TheModestThiefFarcaster
TheModestThief
Commented 1 year ago

500 $DEGEN

ThomasFarcaster
Thomas
Commented 1 year ago

Amazing thread, this is what I come to FC for. I understood *some* of these words; does it mean that Quilibrium’s commitment scheme offers an alternate way that Ethereum *could* use to face its future scaling challenges post full danksharding, and if so, what’s been the EF’s reaction so far if any? 1000 $degen

Cassie HeartFarcaster
Cassie Heart
Commented 1 year ago

Making the leap from their existing structure would be the largest undertaking they could ever do. Structurally, even their account model would have to change, so I understand why they didn't do it, because even for their original sharding plan, their account model would still similarly need to change.

ThomasFarcaster
Thomas
Commented 1 year ago

Thanks! So what’s your vision for Quilibrium then: to be a technical proof of concept of how scalability can be done, to serve as a sidechain for existing blockchain designs that struggle to scale, to become a leading L1 with its own utility and use cases, etc?

ThomasFarcaster
Thomas
Commented 1 year ago

NB: I also didn’t realize that scaling was dependent on the number of active addresses; I had always assumed that it was only contingent on TPS at a given time. So is that a fact that if 10x more addresses have transactions recorded to the blockchain, that’s a scaling factor as well?

Cassie HeartFarcaster
Cassie Heart
Commented 1 year ago

Ethereum records the world state merkle root in every transaction header, so updating that root is part of what nodes have to do, but also so is keeping all of that data if not sharded

92Farcaster
92
Commented 1 year ago

Gorgeous

AalamsyFarcaster
Aalamsy
Commented 1 year ago

50 $DEGEN its amazing

Erik-westFarcaster
Erik-west
Commented 1 year ago

My first rig was the //e. Purchased in March of 1984 with paper route money (and a small loan from my parents). The Mac was "too new" and I'd already used one (and some ][ models) with Bank Street Writer in my 6th grade English class. I learned BASIC and played a lot of Wizardry on it.

D (Keeper of Cr00d) 🍖🦖🎩Farcaster
D (Keeper of Cr00d) 🍖🦖🎩
Commented 1 year ago

Epic

Jerry-d 🍖👽🎩 ↑Farcaster
Jerry-d 🍖👽🎩 ↑
Commented 1 year ago
MINT 💎🎩🍖🎭✨Farcaster
MINT 💎🎩🍖🎭✨
Commented 1 year ago

have a good day

Cassie HeartFarcaster
Cassie Heart
Commented 1 year ago
divyaFarcaster
divya
Commented 1 year ago

this topic got me intrigued. looking forward to hearing your thoughts on bringing consumer to crypto vs crypto to consumers.

NamKyoungsu🎩🍖🫂🔮Farcaster
NamKyoungsu🎩🍖🫂🔮
Commented 1 year ago

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sakozhiarFarcaster
sakozhiar
Commented 1 year ago

hi dear cassie I am photographer please folow me and introduce me for your foloer

Shahzaib.base.ethFarcaster
Shahzaib.base.eth
Commented 1 year ago

15 $degen

The Alternative Thesis of Consumer Crypto