MistCoin | Origin of ERC-20 retweeted
They have removed the liquidity:
app.uniswap.org/positions/v3…
MistCoin | Origin of ERC-20 retweeted
MistCoin $WMC was deployed by @feindura and @avsa Nov 3, 2015 with their work on the Ethereum Wallet and the first GUI for standard token creation.
In 2022, Alex gave a group of old NFT enthusiasts 18.5% and 8.5% was locked in liquidity.
Their liquidity is now unlocked 👀
🧵
Hey @cz_binance if we gotta remember our roots, you should learn about MistCoin, the prototype which helped shape the ERC20 token standard.
The daddy of $BNB clearly deserves a listing 😉
ethereum:0x7fd4d7737597e7b4ee22acbf8d94362343ae0a79
Honest answer: Buying the prototype of the most famous token standard (ERC20)
ethereum:0x7fd4d7737597e7b4ee22acbf8d94362343ae0a79
In 24 days, we’ll mark 11 years since a token was first displayed in an Ethereum wallet.
ethereum:0x7fd4d7737597e7b4ee22acbf8d94362343ae0a79
If $ETH breaks up
Hold your horses cauz ethereum:0x7fd4d7737597e7b4ee22acbf8d94362343ae0a79 WILL instant teleport to new highs
While everyone in CT is discussing if AI will kill cryptography and our magic internet money, we are looking back at this tutorial from December 2015, where @ethereum was explaining how to create your own cryptocurrencies using MistCoin code.
Just a piece of tokenization history.
ethereum:0x7fd4d7737597e7b4ee22acbf8d94362343ae0a79
New blog post from Ethereum's @AVSA - How to Build Your Own Cryptocurrency Without Touching a Line of Code blog.ethereum.org/2015/12/03…
>eth mainnet launches on 30th July 2015
>first 2/3 months just a bunch of nerds deploying random contracts
>October 2015, Ethereum core devs decide it’s time to experiment with tokens
>everyone starts coming up with their own approaches, everyone writes their own code
>3rd November 2015
Ethereum lead devs Avsa and Feindura come up with a first token standard and deploy MistCoin
>they announce it and gift some to the early ethereum fam
>along with MistCoin, Fabian and Avsa deploy a tool to launch custom tokens using the MistCoin code
>hundreds of tokens are deployed following MistCoin code. The first shitcoins on eth.
>Devcon 1, 9–13 November 2015
everyone is suddenly very interested in token standards.
>Discussions about how the standard should look like are still ongoing
>16 days after MistCoin
Fabian and Vitalik propose ERC-20
>Avsa writes a tutorial on the Ethereum blog explaining how to create your own tokens using the MistCoin code and just pushing a few buttons
>first ICOs
>ERC-20 gets finalized
>tokens become a primitive of Ethereum
>DEX, liquidity pools
>stablecoins
>DeFi
>shiba inu or pepe doing multibillion mcaps as erc20 tokens
>tokenized stocks, bonds, everything
>fast forward 11 years
>Wall Street is converting every single financial asset into ERC-20 tokens
>be me, October 2026
>you have seen ZEC pump from $50 to $1,500 and faded miserably
>people say we are on the verge of the next bull market
>some majors are green, so decide to take a chance
>you don’t get the new metas. You don’t even know what the fuck is tiktok
>but you try to grind again, like the good old days
>all the reputable KOLs of 2017/21 era are gone. Probably all of them already made it
>but you lock in CT and you follow all the new KOLs
>it’s the fifth crypto founder pet memecoin you’ve bought this month
>you were +50% up until you bought that iguana token. Roundtrip.
>that AI x Zk snarks play on Solana looks good but the dev nukes the chart
>the game is rigged
>you have zeroed your folio again
>you come across MistCoin trading at a $1.5M market cap
ethereum:0x7fd4d7737597e7b4ee22acbf8d94362343ae0a79
MistCoin | Origin of ERC-20 retweeted
I spent years advocating for a new kind of web where you owned your own content. Worked on tools for decentralized storage, blockchain usernames, p2p networking.
Last week I asked an agent to scour the web for everything I ever posted on flickr, posterous, mirror, medium and the internet archive etc and to convert it into files I own locally. I took back control of my own content and digital life and all I needed was git and markdown.
blog.vandesande.design
“It was the first wallet to have tokens. In fact we were the ones who wrote the specs for it, which became industry standard, ERC20”
No a small feat @avsa
I spent years advocating for a new kind of web where you owned your own content. Worked on tools for decentralized storage, blockchain usernames, p2p networking.
Last week I asked an agent to scour the web for everything I ever posted on flickr, posterous, mirror, medium and the internet archive etc and to convert it into files I own locally. I took back control of my own content and digital life and all I needed was git and markdown.
blog.vandesande.design
It’s really this simple.
The Ethereum Foundation’s public experiments which shaped today’s token standards and the way we do DeFi.
This is where tokenization began.
ethereum:0x7fd4d7737597e7b4ee22acbf8d94362343ae0a79
HAS NO DEVELOPERS, DOESN’T MATCH THE STANDARD CORRECTLY, HAS BEEN FORGOTTEN UNDER THE MATTRESS FOR 11 YEARS.. TARGET: $1BILLION MARKET CAP.
ethereum:0x7fd4d7737597e7b4ee22acbf8d94362343ae0a79
MistCoin | Origin of ERC-20 retweeted
One day, not too far, people will start to wonder why every stablecoin, every tokenized stock, every tokenized bond or in short, every tokenized asset, is called “ERC20 token”.
They’ll find out this post. And right after, they’ll find out about ethereum:0x7fd4d7737597e7b4ee22acbf8d94362343ae0a79
xitter.cf/feindura/status/186185…
I didn’t pick the number randomly, it was the GitHub issue number 20.
The idea was not that this becomes the official standard, but to be thr discussion for a future standard 😉
People just went with my written specification, and used the name ERC20
github.com/ethereum/EIPs/iss…
One day, not too far, people will start to wonder why every stablecoin, every tokenized stock, every tokenized bond or in short, every tokenized asset, is called “ERC20 token”.
They’ll find out this post. And right after, they’ll find out about ethereum:0x7fd4d7737597e7b4ee22acbf8d94362343ae0a79
xitter.cf/feindura/status/186185…
I didn’t pick the number randomly, it was the GitHub issue number 20.
The idea was not that this becomes the official standard, but to be thr discussion for a future standard 😉
People just went with my written specification, and used the name ERC20
github.com/ethereum/EIPs/iss…