NashQ 🦣
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🔬 Head of Research @celestia Big blocks soar with speed, Tiny nodes hum in delight— All views are my own.
Joined February 2022
Joining @CelestiaOrg as a Research Engineer 5 months ago has been a game-changer. The team is amazing, every single person is a wealth of knowledge. I'm grateful for the support and encouragement I receive, my questions are always entertained.
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RT @evansforbes: @sreeramkannan @eigenlayer 💜. @celestia is hiring engineers as well, and would be a great fit for engineers coming from Ei….
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Highly recommend reading the article yourself. Very excited to see what kind of solution they will cook up. cc @DistributedMarz @bertcmiller.
writings.flashbots.net
Today, we introduce a new thesis MEV has become the dominant limit to scaling blockchains.
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4) Could the reason be latency? .OP chains are slower in comparison to Orbit chains meaning they are more mispriced and a target for arbitrage later in the block. For Arbitrum its mostly top-of-block. A latency race rather than blind signing? What if you just go very very fast?.
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3) >all new throughput [by Base] was captured by spam. I wonder if we had <Solution> this throughput would be captured by non-spam. It does not feel like spam is a blocker to adoption. It feels like spam would turn into ✨sophisticated spam✨ . I wonder if this meme is correct
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2) Base could run this query bot and internalize this arb at the bottom of the block.More revenue less spam. They could even ingest more targeted arb on the fly as they know the state. It could even be part of the STF. Arb is good for the user and Base, so why not internalize it?.
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Some thoughts after reading "MEV and the Limits of Scaling". Cool results and well explained, so its a nice read. 1) Is spam good for metrics and revenue for Base so they want to keep it? Higher base fee means more rev. "A full Base block is great no matter whats inside.".
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This looks like a huge mispricing of gas. The first line of defense would be to adjust that. What is the reason for it being so mispriced? I get Solana because there they only do CU and DA is free but I am confused why that's also the case for OP-Stack Rollups.
To investigate, we did a deep-dive on OP-Stack rollups. Our findings serve as a window into an industry-wide problem. Spam bots consume huge portions of gas across top rollups, while paying disproportionately low fees
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Imagine doing Wim Hof breathing while doing Hyperbaric Oxygen Therapy. You would be tripping.
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i solemnly swear to only ‘research’ things that i can put into production 🙏.
i solemnly swear to only ‘research’ things that i can put into production 🙏.
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I think celestia will.
The best possible blockchain is something that is very simple at the baselayer but that can still verify ZKP/STARK proofs (but not much else). Glad we’re all finally coming around to that conclusion. Question is, who can get there first?. I think we (bitcoiners) can!.
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Where this logic fails: . Controlling 1/3 of the network for 1 blob does not imply. the cost to corrupt EigenDA ~= 1/3 of the ETH stake. Because there is no DAS and intersubjective forking/slashing the attack could work with 0 consequences. With slashing you need to buy 1/3 of.
@bablooFTW @donnoh_eth @Mantle_Official @eigenlayer @celestia TLDR - increases the cost to corrupt/sybil resistance, EigenDA's ETH quorum is one of the default two (ETH & EIGEN) which adds to the cost to corrupt that with the other quorums the blob was sent to (4.3M ETH / 1/3 = 1.43M ETH = ~$2.66B) + EIGEN quorum. Disincentives be
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If Etherereum ever has more blob capacity than Celesia, I will eat a broom. Realistically, this will never happen because of many, many reasons. You must realize that Celestia is already past Ehereum's full dank-sharding throughput today without including the throughput.
premium DA thesis: . using native means synchronous composability and native execution, which means Ethereum can charge a small minimum base fee on blobs. then we crank capacity (more blobs than Celestia remember) and Ethereum rebundles all the things.
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An hour ago Mozilla changed their TOS again. After the backlash they are clearly backtracking and trying to reduce the scope of the previous change. Is it enough ?
Mozilla just changed the Firefox TOS. If you're a privacy person, might be time to move off.
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I don't like this. This makes the development of IBC V2 completely dependent on the hub and what the hub wants to do. Happy for the hub, but that dependency will kill the adoption and distribution that an open standard needs. It makes IBC ngmi if you don't want to depend on.
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This is what I am talking about. In Bitcoin's early days, running a full node embodied the core principle of 'don't trust, verify' - users independently validated their transactions. Smart contract chains changed this. Ethereum's size forced users to depend on RPC providers,.
Don't trust, verify. Announcing the first-ever in-browser ZK rollup light node, with @succinctlabs and @celestia underneath ✨. Open to start directly verifying the network— providing security to you, @celestia, and @prism_xyz.
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Cronies.
we need a slur for committees.
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