I wrote a short story set in 's White Rabbit universe about Ethereum staking and propagating cultural values. It's called the Gwei Bar.
Read here:
polymutex’s Tweets
Today we release our open source Proof of Innocence protocol that allows you to prove that your withdrawals on Tornado Cash are not from bad actors, while still maintaining your anonymity. 🔥🖥️⛓️
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We introduce new notion in cryptography of *Complete Knowledge* (CK) in blog post and paper released today.
Blog post: initc3org.medium.com/complete-knowl.
Paper: arijuels.com/wp-content/upl.
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I just contributed to the 🕯️ KZG Ceremony 🕯️ using 0xf719a…035 to help scale Ethereum.
Once again, I love the arcane spellcasting vibes to the whole thing.
↓ Add your own randomness ↓
2020: "Defund the police!"
2022: "Whether law enforcement should be able to tap our phones is at least worthy of public discussion."
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$ENS needs to implement the actual "NS" part of its name (i.e. native name resolution in largest browsers) before it begins to think about outside marketing.
Focus.
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If the ENS DAO gave you $500k to spend on marketing, how would you spend it on promoting ENS?
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I just contributed to the test KZG Ceremony to scale Ethereum using eth|0xf719aa02d048a591b11a2df2befb311f0b6d035e
Love the arcane spellcasting vibes to the whole thing.
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A neat example of an organization going out of its way to provide financial privacy. When you donate to Signal using a card, Signal uses zero-knowledge proofs to dissociate your payments information from your user account:
support.signal.org/hc/en-us/artic
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Private & encrypted is normal.
Public & plaintext is abnormal.
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In meatspace, events & communications are local and private by default.
The digital world evolved from the other direction, but cryptography fixes this.
Normalize cryptography.
Anything that isn't designed as private as possible should be criticized, for it betrays natural order.
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you can always encrypt your data with a key that only you know. it is always allowed. it is always morally correct. it makes you a productive member of society who minimizes data risk and the spectre of surveillance abuse and maximizes freedom of yourself and others
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Today, we’re incredibly excited to announce Retroactive Public Goods Funding Round 2.
In February 2023, 10M OP will be distributed to the people and projects powering the public goods that make Optimism possible.
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Apropos of nothing, here is a handy tool to block NYT reporters on the bird app:
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The media's treatment of SBF has followed a bimodal distribution, and the NYT landed squarely on the wrong hump of it.
To his credit, Zooko had the right policy in place much before this saga unfolded.
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The outcome was not surprising sadly, but it was nevertheless an interesting (two hour) hearing. It's the first time the public prosecutor explained their reasoning.
But ultimately this wasn't about the merits of the case, only about whether to extend his detention.
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New short-term censorship resistance strategy dropped, courtesy of Flashbots: setting a min bid for outsourcing
writings.flashbots.net/the-cost-of-re
Recommend stakers using mevboost take advantage of this option!
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It is possible to be simultaneously bearish on some and bullish on the others.
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Those preaching "crypto is doomed" these days are conflating 3 things:
- Cryptocurrency as a technology
- Cryptocurrency as an industry
- Cryptocurrency as an asset class
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this isn’t a “collapse of trust in crypto”, it’s a realization that the only thing you can trust is crypto
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And just like that, Grayscale's credibility evaporated.
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6) Coinbase frequently performs on-chain validation. Due to security concerns, we do not make such on-chain wallet information and confirmation information publicly available through a cryptographic Proof-of-Reserve, or other advanced cryptographic accounting procedure.
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I may not agree with Molly White's opinions but she does great work documenting things.
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I've started a chart to track the FTX contagion.
mollywhite.net/etc/ftx-contag
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The events of the past few days ought to be turned into a movie.
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$DAI's censorship resistance is about to be put to the test.
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Hundreds of millions of dollars are now flowing out of FTX wallets, some speculate liquidators but it's late on a friday night, not typical times for such rapid heavy movements. Some withdrawals are being swapped from Tether to DAI. Hack or insider actions? $26 million here
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One cannot simultaneously support regulation aimed at "consumer protection" while not advocating for Proof of Reserves.
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I’ve had 10+ policy people reach out to me asking how bad the FTX / Alameda thing is this morning.
@SBF_FTX pencils down on DCCPA until proof of reserves.
The endgame of light clients is to be embedded as part of trustless end user applications.
A light client built in WASM could be embedded within an IPFS frontend.
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Helios is very lightweight. Users will have no trouble running it on low-cost hardware and mobile devices.
This makes Helios a prime target to integrate into other applications. Imagine if your wallet had a light client build directly into it. Helios can do this!
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Today we're announcing Helios, a fast, portable, and secure Ethereum light client written in Rust.
Helios syncs in two seconds, uses no storage, and provides trustless access to Ethereum.
Code: github.com/a16z/helios
Post: a16zcrypto.com/building-helio
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This crypto skeptic is so close to an important realization.
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My somewhat contrarian take on this excellent thread: if your software offering papers over inadequacies in human systems which persist even though they’re obviously value destructive, then your software offering is *extremely valuable.* twitter.com/danluu/status/…
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The documentary is not available in many regions of the world, and cannot be paid for using cryptocurrencies (nor Coinbase's own checkout service, Coinbase Commerce).
Why?
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N̶o̶ ̶u̶s̶e̶ ̶c̶a̶s̶e̶s̶
U̶s̶e̶ ̶c̶a̶s̶e̶s̶ ̶w̶o̶n̶'̶t̶ ̶w̶o̶r̶k̶
W̶o̶r̶k̶s̶ ̶b̶u̶t̶ ̶t̶o̶o̶ ̶c̶o̶m̶p̶l̶e̶x̶
E̶a̶s̶y̶ ̶t̶o̶ ̶u̶s̶e̶ ̶b̶u̶t̶ ̶n̶o̶ ̶a̶d̶o̶p̶t̶i̶o̶n̶
A̶d̶o̶p̶t̶e̶r̶s̶ ̶w̶i̶l̶l̶ ̶l̶o̶s̶e̶ ̶a̶l̶l̶ ̶m̶o̶n̶e̶y̶
[You are here] Those who make money will get rekt by taxes
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i've seen some excitement in the crypto community that reddit has supposedly onboarded millions to crypto without them even knowing it through their "collectible avatars" (NFTs)
are these people are going to stumble into tax problems down the road?
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The second reason is the spicy bit of this take.
If Flashbots' relay didn't censor transactions, the degree of urgency attributed to the censorship issue would be much lower than today.
Flashbots may well be pursuing this strategy just to light a fire under the protocol's butt 🔥
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Flashbots should be held in high regard by the Ethereum community, for 3 reasons:
1. Foreseeing MEV's centralizing dynamic, and building tools to resist it.
2. Censoring transactions on their own relay, bringing needed urgency to force Ethereum to deal with this issue.
3. Suave.
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Systematically opposing every position that a group you don't like takes means that this group is now in control of the positions you take.
Think for yourself, rather than going either completely for or completely against what any group thinks.
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Vitalik once again demonstrates the intellectual honesty that most other prominent figures in the crypto space definitely need more of.
Thank you for being a steward for Ethereum.
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Replying to @seven7hwave
Technically the chain was unavailable for very-gas-heavy applications for a week or two during the 2016 Shanghai DoS wars, and an accidental 12 hour chain split happened a month later due to a consensus bug.
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The Internet was successful because it linked together disparate, previously-geographically-isolated networks and acted as the proverbial glue between them.
Making any individual geographically-isolated network better does not reduce the value of the cross-network glue.
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It's getting harder to pretend crypto has a payments use case with FedNow rolling out in a few months.
The US banking system will have realtime fiat transfers 24/7/365, just like many other countries already have.
federalreserve.gov/paymentsystems
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Indeed. Privacy-preserving systems need the following properties in order to survive:
- A moat. Ethereum has it because it is the second largest blockchain system by market cap; hard to ignore or ban.
- A large proportion of legitimate users. We get that by making it the default.
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Can help here?
Perhaps stakers can provide traffic relaying to other nodes that wish to preserve their anonymity, though compensation and slashing while preserving participants' anonymity is nontrivial.
Perhaps a shared treasury that gets equally split?
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The Ethereum protocol needs to move to a mixnet model if it is to resist capture through such arguments.
Running a node over Tor isn't currently possible, because it uses UDP whereas Tor only supports TCP.
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There it is
The supermassive black hole sized bad take at the heart of the Balina filing
h/t @LordBogdanoff twitter.com/tier10k/status…
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Replying to
Deck-building game. Players are block proposers. Cards are transactions with various MEV payoffs, and may invalidate opponents' upcoming transactions. Turn order is known 3 turns ahead of time, determined by VRF running on a smartphone. Restake rewards for higher turn frequency.
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