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James Prestwich Profile
James Prestwich

@_prestwich

Followers
22,098
Following
604
Media
1,038
Statuses
20,970

諸行無常の響きあり alloy maintainer. bluechecked against my will. Write-only twitter acct. QT me, I will not see your dunks

Joined June 2014
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@_prestwich
James Prestwich
22 days
not tweeting right now because im happy
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@_prestwich
James Prestwich
3 years
BitClout uploads your keys to their server on every API request. Any employee with access to that server can steal all the money on the platform at any time @nadertheory and team are too incompetent to build a browser wallet, so they decided not to 🤷‍♀️ 10 pbkdf iterations 💀
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@_prestwich
James Prestwich
6 years
Think of a blockchain as a DB but writing to it sucks and querying it also sucks and also the maintainers hate you
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@_prestwich
James Prestwich
2 years
crypto is hard money - hard to use - hard to understand - hard to custody - hard to program
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@_prestwich
James Prestwich
2 years
PoS staking withdrawal delays: Near & Solana - 3 days Cosmos - 21 days Polkadot - 28 days Eth2 - til the sky turns to ash and melkor breaks the doors of night and turín meets him in battle and the silmarils are returned from sky earth and sea and men join in the song of ilúv
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@_prestwich
James Prestwich
3 years
btc is energy storage in the same way shit is food storage
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@_prestwich
James Prestwich
3 years
Happy to say that the Optics Bridge is live on Ethereum, Celo, and Polygon. You can bridge any ERC-20 token between any supported network Read down for more info 👇
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@_prestwich
James Prestwich
1 year
Wrote down my experience with MEV research, and the people who drove it to maturity
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@_prestwich
James Prestwich
4 years
Satoshi is literally the only founder who didn't sell the top
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@_prestwich
James Prestwich
4 years
YAM Summary 🍠😭🍠😭 - There was a severe bug in the rebase logic - Governance CANNOT HAPPEN anymore - $750,000 in Curve y tokens are locked in the governance - Staking pools are safe as far as we know - Every 12 hours more y tokens are locked - Get out of the YAM uniswap NOW!
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@_prestwich
James Prestwich
3 years
every chain you make every coin you stake every arb you take every TEZ you bake I'll be watching you
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@_prestwich
James Prestwich
3 years
a16z team page getting crowded
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@_prestwich
James Prestwich
1 year
Hello, today we are disclosing two critical trusted-party vulnerabilities in the LayerZero smart contracts. These issues allow the LayerZero team to completely bypass the Oracle and Relayer for most applications (including stargate).
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@_prestwich
James Prestwich
3 years
For anyone wondering about bitclout it's just your standard influencer-pandering tirefire 1. "Shoot yourself in the foot to log in." 2. Connect your phone number to your private key 3. It's like a twitter clone but everyone is an ad 👇More thread 👇
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@_prestwich
James Prestwich
5 years
I wrote a comprehensive guide to ETH2.0's roadmap 👌
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@_prestwich
James Prestwich
11 months
Happy to announce a community-led deployment of 🏴‍☠️Uni-v4 Hayden's Vision🏴‍☠️ Realizing the original Uniswap promises - No Token - No Governance - No protocol rents - A public good! Find it on Goerli today!
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@_prestwich
James Prestwich
2 years
remember the 72 hours where loot was the fucking meaning of existence?
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@_prestwich
James Prestwich
3 years
in case you're wondering whether bitclout has improved at all, their blockchain has hardcoded public keys for blockchain admins that can - edit any post - edit any profile - seize any profile from any user (!) - update an undocumented BTC price oracle (currently reporting ~$60k)
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@_prestwich
James Prestwich
4 years
Bitcoin is rapidly becoming the crypto version of Australian wildlife. We separated ourselves, blocked all cross-pollination, and now there's an isolated gene pool producing weird versions of everything
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@_prestwich
James Prestwich
6 years
Shazam but for people's faces and built into my brain
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@_prestwich
James Prestwich
3 years
imagine having a soul so dead that you look at the Mona Lisa and think about money
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@_prestwich
James Prestwich
3 years
I was wondering why I couldn't find tx construction logic in the frontend. It turns out it's because they post the key to the API so the API can sign for you very polite of them to take custody of your funds without telling you
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@_prestwich
James Prestwich
3 years
if you have used that seed phrase ANYWHERE, you need to consider it compromised, and rotate funds to new addresses from a new seed phrase As a reminder: _NEVER_ paste your key into a web page
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@_prestwich
James Prestwich
11 months
Official Ethereum scaling roadmap over the years 2014: 1024 shards each running a VM 2019: 64 shards with abstract execution environments, and then on to super-quadratic recursive sharding 2023: Pretend extension blocks are shards. Other people build rollups. Pat self on back
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@_prestwich
James Prestwich
6 months
for those of you who weren't here in 2021 or 2017 or 2013, learn to anchor your identity in something other than money, and get used to watching people you respect lose themselves
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@_prestwich
James Prestwich
4 years
riskier assets have higher rewards. That's why I periodically tweet one word from my seed phrase. Ups the risk and helps me make more money. Chamomile.
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@_prestwich
James Prestwich
2 years
I have never been a keyholder on Optics recovery mode I am disappointed that cLabs and Celo have chosen to bring their bullying into public spaces, and that they chose to lie about me to attack my reputation On the advice of my lawyer, I have nothing else to say right now
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@_prestwich
James Prestwich
6 years
200 people are going to try to 51% attack BTCP at the same time and they're going to accidentally secure it
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@_prestwich
James Prestwich
3 years
hardware wallets are key access, not key storage hardware wallets - help you sign txns and messages - secure your keys from compromised computers hardware wallets do not - preserve keys over many years - survive fires or other disasters don't forget to provision storage too!
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@_prestwich
James Prestwich
1 year
I wrote about the next five years of MEV We cover: - backlash - Negative MEV - a bunch of code that i wrote and deployed mainnet to help you get back your MEV :) - and more!
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@_prestwich
James Prestwich
2 years
bitcoin mempool empty again. who's gonna pay to keep this network running? 🤔
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@_prestwich
James Prestwich
3 years
NFTs are like Rolexes. Nobody cares if it's real, they just think you're a douche and want you to shut up about how much you spent on it
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@_prestwich
James Prestwich
1 year
Basically - AI folks hate Crypto - Artists hate both AI and Crypto - Crypto people haven't noticed yet - Because they're too busy masturbating about how good crypto is for AI and Artists
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@_prestwich
James Prestwich
2 years
This is the guy that posted your keys to his webserver because he couldn't figure out how to write a tx signer
@nadertheory
nader.deso
2 years
Let's talk about Chrome extensions and seed phrases in web3 🧵
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@_prestwich
James Prestwich
3 years
For the last few months we've been working on a new cross-chain communication mechanism Optics 🔮 explores a security trade-off that allows cheap, low-trust communication between any two smart contract chains
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@_prestwich
James Prestwich
2 years
There's no credible argument for a single chain future, and (tautologically) no one credible believes in one. In fact, no one credible has _ever_ believed in a single chain future, including Satoshi Nakamoto Maximalism was invented by grifters to keep their marks pliable
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@_prestwich
James Prestwich
11 months
For the last couple months @DaniPopes and I have been working on a total rewrite of the ethers-rs stack We're incredibly proud to finally publish the work and announce Alloy: a new foundation for Ethereum's Rust ecosystem.
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@_prestwich
James Prestwich
2 years
I think my favorite part is everyone thought 0xb1 was some kinda trading genius In reality, he fucked around, traded money he knew was from retail fraud, did shady shit of his own, and STILL underperformed the "just sit on your ass and hodl" strategy by $400mm
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@_prestwich
James Prestwich
5 years
His palms are sweaty branches weak HEAD's heavy there's conflicts on his merge already git spaghetti
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@_prestwich
James Prestwich
4 years
I'm not a financial therapist, but maybe you shouldn't put your net worth and your self worth in the same asset
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@_prestwich
James Prestwich
4 years
We're all here because we're excited about how DeFi is cutting out the middlemen by *checks notes" introducing a bubble of rent-seeking middlemen driven by fake money
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@_prestwich
James Prestwich
11 months
Rollup debate is politicized b/c once you accept that RUs != bridges, you have to admit: - RUs do not scale Ethereum - Ethereum may not be ideal DA - RUs do not "settle to" or "inherit security from" Ethereum Ethereum may be Rollup-centric, but Rollups are not Ethereum-centric
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@_prestwich
James Prestwich
3 years
_every user_ has given their keys to the BitClout API server
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@_prestwich
James Prestwich
4 years
. @Blockstream giving a master class in irresponsible disclosure - didn't notify those affected - didn't set up monitoring while the issue was minor - concealed insider theft vectors - omitted the full extent in their comms Is there a worst practices doc they're following? 🤔
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@_prestwich
James Prestwich
5 years
"Bitcoin has governance problems" is like "Van Gogh isn't photorealistic." True, but you're still making yourself look dumb cypherpunks hate governance. Blocking changes was the goal other projects have different experiments, but don't hold Bitcoin to authoritarian standards
@cburniske
Chris Burniske
5 years
4/ We first saw it with #Bitcoin , but have seen it with nearly every cryptonetwork that's gotten to scale since -- at a certain size, governance problems arise.
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@_prestwich
James Prestwich
3 years
If you are curious whether BitClout and @nadertheory are using your face/name/social media to promote their shitcoin, feel free to post below I'll check anyone with >1,000 followers and post screenshots
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@_prestwich
James Prestwich
5 years
The "hashrate crash" isn't real. Long block intervals are vastly overrepresented in fixed-period sampling This is because the interval is long. A 18-minute block has approximately the same likelihood as a 2-minute block, but affects time-based sampling 9x more (!!!)
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@_prestwich
James Prestwich
4 years
funny to see how many people who insult me for dunking on eth get really eager to retweet me when I'm dunking on liquid 🤔 It's almost as if they don't value my expertise and just want me to reinforce their identity this is a subtweet
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@_prestwich
James Prestwich
9 months
. @gakonst making his slides at 02:39 this morning 💀
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@_prestwich
James Prestwich
4 years
🚨 ETH price tweet cringe dominance now at 51%! For the first time in history, ETH holdlers are more annoying than Bitcoin hodlers! 🎉 Huge thanks and round of applause to @RyanSAdams @TrustlessState @antiprosynth @IslandHunting and so many others for making this happen 👏👏👏👏
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@_prestwich
James Prestwich
3 years
it's a contract deployment, Michael, what could it cost, $10,000?
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@_prestwich
James Prestwich
3 years
in Paris on July 23rd, @CeloOrg , @graphprotocol @NEARProtocol @centrifuge & others are hosting a cross-chain pitch event This is the time to present any cool interop ideas or whitepapers you’ve been sitting on Registration coming soon. Leave a comment here if you're interested
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@_prestwich
James Prestwich
5 years
Ethereum people: Birds can fly into outer space! Me: Birds can fly, but not into outer space Ethereum people: Maybe there will be a bird breakthrough, anything is possible! Me: ಠ_ಠ
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@_prestwich
James Prestwich
3 years
- have a problem - add a blockchain - have 2t+1 problems
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@_prestwich
James Prestwich
5 years
If you're looking for 2017 tokens to go back up in value, ask yourself how many 2014 tokens you own
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@_prestwich
James Prestwich
5 years
there 👏 is 👏 no 👏 solution 👏 to 👏 the 👏 oracle 👏 problem
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@_prestwich
James Prestwich
3 years
the best part of flash loans is that they're surfacing the smart contract issues we previously just pretended weren't there
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@_prestwich
James Prestwich
3 years
we just need BTC to pump $973,000 more. For McAfee.
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@_prestwich
James Prestwich
3 years
solidity internals education time! what happens in a call to another contract? although this line looks very straightforward, the compiler produces a _lot_ of code around it Post-call check #2 will shock you!
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@_prestwich
James Prestwich
3 years
looking at users? That's a key upload reading a post? key uploaded checking your DMs? you better believe they upload your key
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@_prestwich
James Prestwich
4 years
2019: I'm gonna need to make some txns, so I'll leave 0.3 ETH in this wallet 2020: I'm gonna need to make some txns, so I'll leave 3.0 ETH in this wallet
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@_prestwich
James Prestwich
5 years
Hi twitter friends 👋 I wrote down a few thoughts about the Zcash Dev Fund and I'd like to share them with you
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@_prestwich
James Prestwich
3 years
3 months since the last time anyone bothered to make a uniswap governance proposal. All 3 governance proposal so far have been to distribute cash to specific parties. It's almost like this token doesn't actually govern anything except who gets rich off speculators
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@_prestwich
James Prestwich
2 years
gm frens it has been a challenging few weeks
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@_prestwich
James Prestwich
4 years
trained GPT-3 on bitcoin and generated the next million blocks 😎
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@_prestwich
James Prestwich
4 years
fascinating to see how many Ethereum community figures are willing to throw each other under the bus for a share of $75k 🤔 it's like watching Survivor but the stakes are lower and everyone was friends last week
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@_prestwich
James Prestwich
5 years
If I've learned anything from Crypto, it's that Alice, Bob, and Charlie are fabulously wealthy world travelers
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@_prestwich
James Prestwich
4 years
summary: for just under and hour, the emergency 2-of-3 controlled 870 Bitcoin this violates liquid's security model we know about this because liquid holds Bitcoin we don't know what caused it, because liquid federation behavior is trusted and closed
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@_prestwich
James Prestwich
3 years
new COMP proposal to *checks notes* bail out whale farmers who got liquidated because they... *furiously shuffles papers* didn't understand the risks of pricing assets with illiquid markets? Wish I could vote to pay myself when I lose money 🤔
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@_prestwich
James Prestwich
5 years
The year is 2060. @zmanian has uploaded himself to a Cosmos zone. ETH12.0's metashard plasmagoric web7 has claimed most of europe. Casper CBC spec is expected within a year. Bitcoin's timestamp bug halted the chain decades ago, but no lightning client noticed. XRP is the standard
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@_prestwich
James Prestwich
3 years
saying "it's time to build" is nonsense. It's ALWAYS time to build! There's so much work that needs to be done! Instead, just say "I got distracted by greed and lost money"
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@_prestwich
James Prestwich
5 years
we got into Bitcoin to solve social coordination problems with free markets, without needing government intervention or violence voluntarily cooperating to reorganize the chain to punish a thief fits the Bitcoin ethos perfectly
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@_prestwich
James Prestwich
3 years
imagine putting $200mm into a company with these metrics 📉📉 📉📉
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@_prestwich
James Prestwich
2 years
a long time ago I went to an event where accenture announced their invention of editable block chains they had some sort of scheme for revoking parentage and substituting a different block within a chain and 6ish years later it remains the dumbest thing I've ever heard
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@_prestwich
James Prestwich
2 years
you don't HAVE to be drunk to write solidity but it is considered best practices
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@_prestwich
James Prestwich
2 years
coinbase: Let's enshrine the founder's bad politics as company policy kraken: hold my beer
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@_prestwich
James Prestwich
3 years
don't use custodial bridges 🤷🏼‍♀️
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@_prestwich
James Prestwich
5 years
if you don't believe me, or don't get it, I have time to explain it to you at $750/hour
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@_prestwich
James Prestwich
1 month
2 categories contain 99.99% of Eth users: - Will never run a full node, because what's the point, Infura is great - Can run any number of full nodes because they have a devops guy fulltime There are exactly 5 people in the middle. They all work at the EF, and control the roadmap
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@_prestwich
James Prestwich
4 years
Bitcoin people: Not your keys not your Bitcoin Also Bitcoin people: LBTC is BTC
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@_prestwich
James Prestwich
4 years
it's somewhat crazy to call the beacon chain eth2.0, considering how it does 0 Ethereum things 🤔 hello, i have invented car2.0. it has no wheels, and does not go. you cannot sit in it. someday i will replace engine with hover, probably. car2.0, yo
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@_prestwich
James Prestwich
5 years
How many times do you think a security camera has recorded you typing your password? 🤔
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@_prestwich
James Prestwich
2 years
ethereum people all like "we should have 8 clients" when they can't even keep a single client team from burning out ya'll kids can't have an aquarium til you can keep your damn goldfish alive smdh
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@_prestwich
James Prestwich
3 years
pulled the bitclout binary from their docker container. anyone familiar with go reversing want to play with it?
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@_prestwich
James Prestwich
3 years
product idea: instead of a kanban board that I reorder for priority, show me 2 issues and ask me to pick the more important one. Repeat that 30ish times
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@_prestwich
James Prestwich
10 months
ok but hear me out, 23andMe is far more dangerous and destructive to personal privacy than worldcoin
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@_prestwich
James Prestwich
5 years
liquid is illiquid solidity is porous simplicity is complex stablecoins are wobbly daos are all centralized war is peace freedom is slavery ignorance is strength
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@_prestwich
James Prestwich
4 years
Been a pretty good 2.5 years
@summa_one
Summa
4 years
Good morning everyone. We have some important news that we'd like to share with you before you hear it secondhand:
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@_prestwich
James Prestwich
3 years
@La__Cuen @AmberBaldet @secparam @nadertheory @HesterPeirce how dumb do you need to be to put an SEC comissioner's face on a shitcoin
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@_prestwich
James Prestwich
3 years
crypto in a nutshell: be greedy when others are fearful, and greedy when others are greedy
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@_prestwich
James Prestwich
5 years
Can we start referring to last year's ICO market as the vaporwave?
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@_prestwich
James Prestwich
4 years
the difference between "governance" and "attack vector" is spelling
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@_prestwich
James Prestwich
4 years
Scalability vs Throughput myths -- A thread Scalability - validating more transactions on the same hardware Throughput - processing more transactions across the whole system
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@_prestwich
James Prestwich
5 years
I am not going to take any PoW attack on Bitcoin seriously until it happens to Ethereum. Here's why: 1. Attacking Ethereum is something like 60% cheaper 2. DeFi lets you leverage up a double-spend risklessly 3. More routes to monetization via tx ordering manipulation
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@_prestwich
James Prestwich
2 years
very few bitcoiners at SBC this year, presumably because they've killed and eaten most of their researchers at this point
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@_prestwich
James Prestwich
8 months
people with 🦇🔊 in their twitter name
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@_prestwich
James Prestwich
4 years
This Liquid utxo rotation issue: - affected hundreds of BTC - was internally known (for months?) - was externally undisclosed - allowed theft by coordinated employees Sounds like a recipe for disaster if I ever heard one
@adam3us
Adam Back
4 years
@_prestwich @notgrubles this is a known issue. the coins are auto-swept forward as part of the HSM peg process. funds are safe as keys are offline and geo-distributed. we were planning to address via HSM upgrade, which is a manual hands on process for security, but covid lock-downs made that difficult.
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@_prestwich
James Prestwich
5 years
one coin makes you larger and one coin makes you small and the ones that airdrops give you don't do anything at all go ask alice leveraged 10x tall and if you go chasing tokens and you know they're going to fall tell em a hookah-smoking caterpillar has sold you deep-out calls
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@_prestwich
James Prestwich
3 years
smart contracts are better in rust
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@_prestwich
James Prestwich
6 years
Each year 50 bajillion socks are lost in the laundry SockChain ($SCK) will change that.
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