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Lei Yang Σ:
Chief bunny feeding officer at @megaeth_labs. Recent PhD graduate from MIT CSAIL. Working on computer networks and distributed systems (for blockchain).
Not so sure about it. Even PoW ultimately relies on the assumption that the adversary cannot control large amounts of physical infra (CPU, GPU, ASIC, SSD, electricity supply, etc.) for long periods of time, which is an economic assumption.
Both PoW and PoS delegate the hard problem of Sybil mitigation to rules, patterns, and heuristics of the off-chain world.

The Rollup27.6.2025
We asked @hosseeb of @dragonfly_xyz if he thinks the top of proof of stake is in.
"We're probably going downhill from here."
"Staking mania was definitely a little bit of an illusion."
"This idea that you're paying for security is kind of a meme."
"This kind of economic fiction, I think, had to go away at some point."
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There is a weekly engineering meeting between GTE and MegaETH. We discuss everything from new RPC methods (paginated reads anyone?) to how spams should be regarded on the fastest blockchain. I am constantly reminded how talented, ambitious, and pragmatic the team is.
It’s been such a pleasure working with the GTE team for the past year, and it’s just the start!
Congratulations to @GTE_XYZ !!

GTE23.6.2025
Today, we’re proud to announce that GTE has raised a $15m Series A from @Paradigm to scale the Global Token Exchange.
We’ll use this capital to ship products even faster.
Because where we’re from, we not satisfied with being fast — we want to be the fastest.
Now back to work.
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Truly great systems provide easy-to-use abstractions for end users while retaining all the power of the underlying mechanisms.
Cloud abstracts operating systems and networks into a giant computer.
Crypto abstracts distributed algorithms and game theory into a benevolent custodian.
EigenCloud is abstracting cloud and crypto into an always verifiable, infinite scale computing platform onto which everyone can offload everything.
Congratulations to @sreeramkannan and the @eigenlayer team!

EigenCloud17.6.2025
The evolution is here. The age of verifiable apps has begun.
Introducing EigenCloud, a platform for verifiable apps, services, and AI, built on EigenLayer, secured by the EIGEN token. ☁️
Crypto has spent a decade building trustless infrastructure.
Now it's time to build on it.
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