vitalik.eth
@VitalikButerin
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And we finalized!
Happy merge all. This is a big moment for the Ethereum ecosystem. Everyone who helped make the merge happen should feel very proud today.
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Очень расстроен решением Путина отказаться от возможности мирного решения спора с Украиной и вместо этого начать войну. Это преступление против украинского и русского народа.
Хочу желать всем безопасности, хотя знаю, что не какой безопасности не будет.
Слава Украине.
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Ukrainians are far from the only ones suffering from war. Also people in Yemen, Ethiopia... just as human as Ukrainians and you are.
This is NOT a valid excuse to not care about Ukrainians today. But it does mean we should self-reflect and extend our compassion to others too.
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gm!
Here is a picture of a beautiful field full of flowers.
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The quote tweets on the new time article about me are truly amazing.
These are barely even cherry picked, it's pretty much one piece of awesome after another. Highly recommend scrolling.
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I'm hearing through the grapevine that something important is about to happen. Please recognize the fact that my elite social connections to people who are early to know things make me cool, and please help me validate my self-image of coolness.
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Some smart people tell me there is an earnest smart developer community in Solana, and now that the awful opportunistic money people have been washed out, the chain has a bright future.
Hard for me to tell from outside, but I hope the community gets its fair chance to thrive🦾🦾
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Happy new year!
Today, a mini-tweetstorm of some of the things I've said and written over the past decade, and what I think about those subjects today.
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What else could memecoins be?
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The largest consequence of Elon taking over Twitter may well be not any specific policy decision he makes, but rather the morale effect of his supporters feeling emboldened and his detractors feeling like they are arguing on enemy territory. This is happening already.
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An opportunity to support Ukrainians here! Proceeds go to civilian efforts helping Ukrainians suffering from the war.
⚡️⚡️⚡️ UKRAINIAN FLAG 🇺🇦 1/1.
LIVE NOW
100% proceeds go to support Ukrainians suffering for the war.
Anyone can participate with a contribution of any size via Party Bid:
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Doing a random twitter experiment just on this day. Only the 268 people I follow can reply to this tweet. Feel free to ask things and I'll talk about anything crypto or non-crypto related.
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The merge is still expected to happen around Sep 13-15. What's happening today is the Bellatrix hard fork, which *prepares* the chain for the merge. Still important though - make sure to update your clients!
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Idea: stealth addresses for ERC721s.
A low-tech approach to add a significant amount of privacy to the NFT ecosystem.
So you would be able to eg. send an NFT to vitalik.eth without anyone except me (the new owner) being able to see who the new owner is.
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How do we create a culture where it's harder to set (or become) the topic of public conversation by doing something terrible and easier to do so by doing something great?
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Things I'm excited about (incomplete list)
* Cryptography+blockchains esp
@ethereum
family
* Life extension
@SENSResearchFou
* New governance/"social tech"
@RadxChange
* Better online education of all types
* Building cities
@CCIdotCity
* Ongoing global poverty reduction
* Space
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I didn't even know who Tom Brady is, had to ask people around me. My best guess was that he was the actor from Mission Impossible.
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One application of AI that I am excited about is AI-assisted formal verification of code and bug finding.
Right now ethereum's biggest technical risk probably is bugs in code, and anything that could significantly change the game on that would be amazing.
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Thread: some still open contradictions in my thoughts and my values, that I have been thinking about but still don't feel like I've fully resolved.
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12 hours until the merge!
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Happy birthday beacon chain!
Here's an updated roadmap diagram for where Ethereum protocol development is at and what's coming in what order.
(I'm sure this is missing a lot, as all diagrams are, but it covers a lot of the important stuff!)
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I love seeing people with .eth in their handles arguing with each other on twitter.
Diversity of opinions is fun, and it's even more fun when there's an in-your-face reminder that no matter how much you disagree on small stuff ultimately you still love the same cryptocurrency.
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Some quick theorycrafting of how much data space we can save by improving compression (especially in rollups).
ERC4337 signature aggregation ( ) is essential to this.
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The limits to blockchain scalability (or, why you can't "just increase the block size by 10x"):
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Regular reminder to people trying to make things better:
It is not your responsibility to solve every problem.
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We need to move NFTs onto the layer 2 ecosystem to cut fees. However, doing that *right* requires good cross-rollup portability standards, so the ecosystem can avoid getting locked into one particular L2.
I make a cross-rollup portability proposal here:
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Automatically downgrading every single thing SBF believed in is an error. It's important to actually think and figure out which things contributed to the fraud and which things didn't.
Don't be the guy who would have tried to cancel vegetarianism in 1945.
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Poll for Ethereum community. You wake up in 2035, and 80% of all transactions + savings in the world are in one currency that is not ETH. Which would you prefer it to be?
BTC
230935
USD
38839
SOL
78660
ADA
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People continue to underrate how often cryptocurrency payments are superior not even because of censorship resistance but just because they're so much more convenient.
Big boost to international business and charity, and sometimes even payments within countries.
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Another great book by
@Delphi_Digital
, this time on rollups.
@VitalikButerin
gave us An Incomplete Guide to Rollups
I present The Complete Guide to Rollups :)
Ok not quite but gud meme
Enshrined (FINALLY), sovereign, smart contract, recursive… I go deep their tech + economics
Ya it’s long, but tons of memes
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Please stop using "real name" to refer to your passport name. Your government doesn't get to define who you "really" are. If you use a different name in most day-to-day interactions, that is your real name.
"Passport name", "legal name", "slave name" to be edgy are all fine.
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Getting some confirmations from a couple sources that it's legit. Deleting my warning for now. But continue to be vigilant, and always be slow and careful when sending irreversible crypto transactions.
@Ukraine
To follow up on
@VitalikButerin
's tweet, I've confirmed directly with Ukrainian Ambassador
@olex_scherba
that the addresses are correct and in the control of the Ukrainian govt. Give!!! Defending free and open societies may be the best thing we ever do with our BTC and ETH...
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ok guys please don't beg for money in social or chat messages
I feel bad refusing as I know lots of your causes are honorable, but unfortunately it's hard for me to verify each one, and having a pattern of responding to such requests would lead to my inbox breaking completely 😭
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By popular demand, an updated roadmap diagram for 2023!
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CryptoRelief sending $100m of the $SHIBA funds back to me. I plan to personally deploy these funds with the help of science advisors to complement CryptoRelief's existing excellent work with some higher-risk higher-reward covid science and relief projects worldwide.
CryptoRelief Update:
Have been in discussions with
@VitalikButerin
on how to accelerate relief efforts in India. And we have come up with a solution, we will moving $100mn USDC back to Vitalik, a non-Indian, to do fast deployment in high risk/reward projects.
Why? A thread
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The terminal total difficulty has been set to 58750000000000000000000.
This means the ethereum PoW network now has a (roughly) fixed number of hashes left to mine.
predicts the merge will happen around Sep 15, though the exact date depends on hashrate.
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My argument for why the future will be *multi-chain*, but it will not be *cross-chain*: there are fundamental limits to the security of bridges that hop across multiple "zones of sovereignty". From :
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@visegrad24
Please be careful. 22 years ago, one of the Russians getting a Western visa was me, along with my family. This gave my dad a chance to start a great business and gave me a chance to grow up without the influence of zombie ideology.
We should not throw such possibilities away.
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Нападение на Украину может только навредить России, Украине и человечеству.
Вернется ли ситуация на мирный путь или будет война, сейчас может решить не Зеленский, не нато, а
@KremlinRussia
Надеюсь что выберут мудро.
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First priority is supporting Ukrainians. Second, and also really important, priority is supporting those Russians and Belarusians who refuse to let Putin's Z-ombie regime represent them and take action to oppose it.
It would be an amazing gesture if a European University would openly welcome Russian students kicked out for protesting war in Russia, signaling that Europe stands with those in Russia that oppose Putin and oppose the war. That not all Russians are treated as Putin&Co
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Reminder: cryptocurrencies are still a new and hyper-volatile asset class, and could drop to near-zero at any time. Don't put in more money than you can afford to lose. If you're trying to figure out where to store your life savings, traditional assets are still your safest bet.
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It's okay to hate the fact that X is a monopoly and desperately wish for more competition to emerge, but at the same time not hate X as a whole, and even believe that X is made up of largely good people.
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People whose primary vibe is "I and my tribe are domain-expertise-endowed professionals, the people I criticize and mock are amateurs, and you should shut up" are really really uncool, and people should recognize the pattern and immediately unfollow anyone who exhibits it.
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Make Ethereum cypherpunk again
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Pro-tip: if you're "tired of having to explain the same thing 100 times" on the internet, write an article that explains your view clearly in long-form! Then in the future you, and others who see the issue the same way, can just keep linking to it.
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So many scam accounts have blue checkmarks these days.
Seems like a complete failure of blue checkmarks in their current form. I'm definitely seeing the wisdom of turning twitter into an open API and letting third parties try to make the best UIs to solve these problems.
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Don't oppose Elon running twitter (at least compared to status quo), but I do disagree with the more generalized enthusiasm for wealthy people/orgs hostile-takeovering social media firms. That could easily go *very* wrong (eg. imagine an ethically-challenged foreign gov doing it)
We should have a lot more hostile takeovers, via weaker legal obstacles to doing so. They are a powerful under used way to discipline management.
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What are the craziest and most unhinged criticisms of me you've seen on twitter or elsewhere? Here are a few good ones, I wonder what else people have seen that I haven't!
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"Proof of Stake", the (physical and digital) book compiling various writings I've made over the last ~10 years, will be out in a month!
You can get a signed digital copy and NFT here:
My share of the proceeds all goes to
@gitcoin
grants public goods!
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Should I publicly blab my opinions about crypto regulation more? Feels unfair to let other people get attacked by CT but never actually poke my own head out.
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Paradox of diversity: if every organization within society must fully reflect the diversity of that society's members, then there can be no diversity *between* organizations in that society.
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Normalize saying "dub" (instead of "double-yoo") as the name of the letter W.
All letters deserve a one-syllable name.
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Blockchain voting is overrated among uninformed people but underrated among informed people:
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Regular reminder: all 5000+ of my instagram accounts are fake profiles and have nothing to do with me. Anything you see "Vitalik Buterin" (or "Bütеirn" or whatever) posting on instagram is a scam.
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Strongly support this. Coordinated sympathy and relief for the average UST smallholder who got told something dumb about "20% interest rates on the US dollar" by an influencer, personal responsibility and SFYL for the wealthy.
The second way is to prioritize smaller wallets. People who had a couple thousand or more of UST deposited in Anchor.
If Terra just focussed on the "poorest" 99.6% of wallets, then they could make this gigantic group 100% whole.
Yes, you read that right!
4/
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Anti-malaria, pandemic response, mitigating extreme poverty, life extension research, mitigating existential risks (including AI) and thinking about the multimillion-year future of humanity are all very important and undervalued issues and will continue to be for quite a while.
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Protocol and staking pool changes that could improve decentralization and reduce consensus overhead:
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@interfluidity
SBF the public figure deserves what it's getting and it's even healthy to have a good dunking session to reaffirm important community values.
Sam the human being deserves love, and I hope he has friends and family that can give it to him.
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I officially predict a financial crisis some time between now and 2021.
Not because I have any special knowledge or even actually think that, but so that I can have a ~25% (or whatever) chance of later being publicly acclaimed as "a guru who predicted the last financial crisis".
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If you send me 0.1 ETH, I will send you nothing, because I am too lazy.
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The "centralized anything is evil by default, use defi and self-custody" ethos did very well this week, but remember that it too has risks: bugs in smart contract code.
Important to guard against it:
* Keep code simple
* Audits, formal verification, etc
* Defense in depth
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Looks like the "hashrate will drop weeks before the merge due to miners rushing to sell ahead of everyone else" thesis has been proven completely false.
I'm a bit surprised! I argued against a 50% drop but definitely expected like 5-10%.
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One of my minor gripes with many mainstream media publications is how unwilling they are to link directly to primary sources. Often I have to go through many different articles and search keywords to find the original document.
Linking to the primary source should be the norm!
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This is awful advice. Some actual financial advice:
* Diversification is good.
* Save. Get to the point where you have enough to cover multiple years of expenses. Financial safety is freedom.
* Be boring with most of your portfolio.
* Don't use >2x leverage. Just don't.
After Bill Gates became friends with Warren Buffett, he began to diversify his portfolio and sold Microsoft shares.
Bill Gates' fortune today is 138 billion dollars, if he hadn't diversified it would be 1.33 trillion dollars.
Be careful with diversification and with friends who…
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Decline of formal attire is an underrated form of social progress.
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Claim: the crypto space is weird and dumb and we should go back to mainstream institutions which are ruled by adults.
Reality:
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Is there any economic research on how morale affects economic growth?
It feels like everyone agrees that in military contexts, morale is absolutely critical. So surely it should have a significant impact in regular life too. But I haven't seen anyone trying to talk about this.
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Polymarket is predicting that blobs (~125 kB) will cost ~0.001 ETH.
Today, 125 kB calldata costs ~30 gwei per gas * 16 gas per byte * 125000 gas ~= 0.06 ETH
And if you think polymarket's guess that blobs will be 60x cheaper is over-optimistic, you can use the market to hedge!
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What do I think about Community Notes?
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@Kdenkss
MtGox "looked" sketchy and never tried too hard to whitewash itself. Luna too. FTX was the opposite and did full-on compliance virtue signaling (not the same thing as compliance)
The second kind of fraud cuts deeper than the first.
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What are some decisions or tradeoffs in Ethereum protocol design that you would want to see explained better?
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We are the brightest star. There is a lot of good that can come from ongoing human progress, into the stars and beyond. But there are big forks in the road and we need to choose carefully. Accelerate, but accelerate carefully and well.
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The "metaverse" is going to happen but I don't think any of the existing corporate attempts to intentionally create the metaverse are going anywhere.
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Reminder: even though the merge is coming around Sep 10-20, the beacon chain hard fork is on Sep 6. Make sure to update your clients before then!
The Merge is coming: UPGRADE YOUR CLIENTS!
• The Bellatrix upgrade is scheduled for epoch 144896 on the Beacon Chain – 11:34:47am UTC on Sept 6, 2022
• The TTD value triggering The Merge is 58750000000000000000000, expected between 10-20 Sep 2022
MORE:
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Beware the impulse to preach that "we must make sacrifices for the sake of peace" but suggest only sacrifices where other people are the ones sacrificing while you give up nothing.
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New monster post: my own current perspective on the recent debates around techno-optimism, AI risks, and ways to avoid extreme centralization in the 21st century.
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@bull_bnb
Ok I don't even get this tweet. Like, sure, people make fun of my appearance all the time and I understand their reasoning in doing so, but here I can't even tell what's being made fun of.
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I think there's too much emphasis on BTC/ETH/whatever ETFs, and not enough emphasis on making it easier for people to buy $5 to $100 in cryptocurrency via cards at corner stores. The former is better for pumping price, but the latter is much better for actual adoption.
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Paradox of freedom: you can't be consistent and too dogmatic about freedom. Eventually you see how in the real world, many people often give up their freedom for little in return. So you either accept their judgement, or decide you know better than them what's good for them...
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Stock-to-flow is really not looking good now.
I know it's impolite to gloat and all that, but I think financial models that give people a false sense of certainty and predestination that number-will-go-up are harmful and deserve all the mockery they get.
The 'Stock to flow' model is such an epic failure that PlanB should just delete his account
He won't though because he sadly still has 1.8 million followers who eat up all of his hopium garbage on a daily basis
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So I guess we still haven't figured out how not to give large-scale murderers and thieves unlimited opportunity to become the primary topic of public conversation...
We really need better edgelords.
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ETH2 deposit contract released:
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