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MASTR · 2024–2026

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原创调查、批判性文章及相关讨论。按主题阅读、追踪长帖,或在原文中查找人物和项目。

694 · 精选文章 · 20/29

Stablecoins: reserves, control and infrastructure power — original source image
市场结构

Stablecoins: reserves, control and infrastructure power

A place where you park value, avoid volatility and wait for your next move. In reality they are not a side product. They are the core plumbing that keeps trading, DeFi and liquidity alive.

研究与分析5 min
网络与基础设施

What a Solana hack headline does not establish

#Upbit lost about 36 to 38M from a compromised hot wallet that held Solana based assets. #Solana was not hacked. The Solana blockchain processed valid transactions exactly as designed.

研究与分析2 min
Satoshi Nakamoto: what the public record can tell us — original source image
历史与时间线

Satoshi Nakamoto: what the public record can tell us

Satoshi Nakamoto is the pseudonym of the person or group who created Bitcoin. Nobody knows who he was. Everything we know comes from archived emails, forum posts, the original Bitcoin code and the whitepaper he released on 31.10.2008.

研究与分析3 min
意见领袖与推广

Attention and incentives · 26 Nov 2025

🔺 Real conviction is tweeting when no one likes your tweets 🔺 Real conviction is building when no one sees you 🔺 Real conviction is staying here while everyone else leaves 🔺 Real conviction is calling out what harms this space 🔺 Real…

评论与直言1 min
Cardano’s chain split: the validation mismatch — original source image
网络与基础设施

Cardano’s chain split: the validation mismatch

A single malformed transaction triggered a chain split, internal drama exploded, an FBI probe began, developers resigned, and the entire ecosystem was forced into a stress test that revealed both strengths and weaknesses.

研究与分析6 min
网络与基础设施

Solana: security and verification · 24 Nov 2025

Many of you are damaging your own financial health, and the Solana ecosystem is damaging itself, unless we begin to change our behavior collectively.

评论与直言1 min
意见领袖与推广

Insiders leaking private info to each other while retail pays the price.

🔺Raise your hands if you are sick of it 🔺Raise your hands if you are sick of centralized entities buying the entire space 🔺Raise your hands if you are sick of influencers dumping on their own followers 🔺Raise your hands if you are sick of…

评论与直言5 min
研究方法

Does any of this even have value for you?

The problem is that I sometimes spend 2 hours on a tweet, doing research, cross checking, digging into everything, and almost nobody sees it or wants to read it, while right next to me someone asks for the next 100x ticker or posts half…

评论与直言1 min
Why concentrated supply is not a safety signal — original source image
市场结构

Why concentrated supply is not a safety signal

Bundles raise the day one floor. That is all. No real pressure. No real discovery. Just a trap where early wallets feast while the rest get slaughtered.

研究与分析2 min
Bitcoin’s layers of concentration — original source image
网络与基础设施

Bitcoin’s layers of concentration

1. Mining power and geography Recent global hash rate heatmap data for Q4 2025 shows a very tight concentration of physical security.

研究与分析11 min
意见领袖与推广

Paid promotion · 20 Nov 2025

I wish people would give my older tweets the same attention as the new ones, because many of the important points are already explained there.

评论与直言2 min
网络与基础设施

THE SCAM ECONOMY IS NOT A SIDE EFFECT.

Everyone keeps repeating the same fairy tale. Scams are a minority. Bad actors are a small problem. Decentralisation will fix everything. The numbers prove the exact opposite.

评论与直言4 min
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