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Ig Mos
PhD @Cornell Quant/ Filmmaker/ Founder @arctik_xyz 🐻❄️ / Prev: Astronomer, playwright/ *ALMA🔭* Confirmed Model of Planet Formation.
father of modern cryptography? how about a major contributor to cryptography research and an effective teacher?
16 tuntia sitten
Absolutely wild that the father of modern cryptography is putting ZK breakthroughs next to AGI.
Everyone's obsessed with AI, but ZK is moving just as fast and almost no one sees it.
The 12-second proving? That's Succinct.
Wait until you see what we're shipping next.
107
crypto denizens are the masters of wrong but let's go ahead anyway
19 tuntia sitten
@aeyakovenko Solana would be 3x faster today if you used ZK for consensus (like Ethereum's Beam Chain).
Why you are clogging your network with thousands of vote "transactions" when the only result that matters is a single yes/no bit?
1,21K
I am setting the bar high. My post got 1 like so far. 9999 more to go
16 tuntia sitten
If this post gets to 10k likes I will write a detailed version of all the ways @aeyakovenko @apolynya and @VitalikButerin are wrong about crypto and HFT
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If this post gets to 10k likes I will write a detailed version of all the ways @aeyakovenko @apolynya and @VitalikButerin are wrong about crypto and HFT
16 tuntia sitten
This is also not right. So now we have 3 different versions of wrong @aeyakovenko very wrong @apolynya very wrong but informed @VitalikButerin wrong and somewhat informed. This proves btw that @apolynya is not the same person as @VitalikButerin
346
This is also not right. So now we have 3 different versions of wrong @aeyakovenko very wrong @apolynya very wrong but informed @VitalikButerin wrong and somewhat informed. This proves btw that @apolynya is not the same person as @VitalikButerin
23 tuntia sitten
I think the Ethereum Barbell strategy will prove right.
This is how Vitalik explains it:
"Ethereum's barbell strategy of L1 and L2 is basically that L2s do the thing that require centralization and they get the benefits of centralization which includes the ability to do HFT but at the same time they benefit from L1 providing security and censorship resistance"
HFT = high frequency trading.
He's saying speeding up slot times to the millisecond enters you into a reduce bandwidth increase latency arms race that leads to centralization of block production and validation - see nasdaq.
If we know this is the inevitable destination of hyperfast chains then we can put the "dictator in a box" by incenting them to become L2s on Ethereum
Ethereum L1 = store of value + slower defi
Ethereum L2s = high velocity + HFT defi
Ethereum playing 3D chess.
755
.@Excellion should step outside his circle. There is a growing community of investors who realize that 1) bitcoin does have counterparty risk 2) eth can become a store of value in a very natural way. All it takes is a little thinking about tokenization
11.8. klo 14.30
⚡️ LATEST: Samson Mow says Ethereum investors are rotating their Bitcoin to pump $ETH on new narratives like Ethereum Treasury companies, then dump $ETH at highs to rotate gains back into $BTC, warning "No one wants ETH in the long run."
837
.@Excellion should get outside his circle. There is a growing community of investors who realize that 1) bitcoin does have counterparty risk 2) eth can become a store of value in a very natural way. All it takes is a little thinking about tokenization
11.8. klo 14.30
⚡️ LATEST: Samson Mow says Ethereum investors are rotating their Bitcoin to pump $ETH on new narratives like Ethereum Treasury companies, then dump $ETH at highs to rotate gains back into $BTC, warning "No one wants ETH in the long run."
799
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