David Iach
@davidiach
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Founder @SuperseedXYZ • e/acc with mods • Crypto angel investor
Layer 2
Joined January 2010
Introducing Private Multisig -- a special multisig where no one sees who votes or how votes on proposals. The ballots are encrypted, and the whole voting process is non-interactive. Achieved via ZKP + ECC ElGamal + DKG + HE. Trustless and permissionless. No TEE needed.
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One way bubbles pop: a technology doesn’t deliver value as quickly as investors bet it will. In light of that, it’s notable that OpenAI is projecting historically unprecedented revenue growth — from $10B to $100B — over the next three years. 🧵
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Big mistake that they waited so long. Absent the AI boom, the world would be in a deep recession caused purely by the Fed’s actions.
Powell: The Fed could end QT in the coming months
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Sorry, but I’m not buying the theory that this altcoin crash was caused by leverage plus a bit of news induced volatility. Something else happened this time and blaming traders is psyops.
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Only four assets out of the 429 in total on Binance (spot only) are up from the pre-crash prices. Zcash - up 17% RDNT - up 15% Succinct - up 12% Morpho - up 3% The remaining 425 assets are all down
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Good thread!
1/ Since a lot of people are waking up to see their perps positions closed and wondering what the hell “Auto-Deleveraging” means, here’s a quick and dirty primer. What is ADL? How does it work? And why does it exist?
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hope everyone is okay if you've been liquidated, you can always recover your greatest asset is your mind you can always reinvent yourself leverage is a ticking bomb few can defuse it most blow up study LTCM stay in spot read, research, and build your edge
$19B WIPED FROM CRYPTO AFTER TRUMP TARIFF SHOCK Over $19 billion in leveraged crypto positions were liquidated in 24 hours — the biggest single-day loss in crypto history. The crash followed U.S. President Donald Trump’s announcement of a 100% tariff hike on Chinese imports
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If you got badly hurt today, please don’t do anything rash or make any rash decisions I’m hurting too, we all are, we will make it through Tomorrow is another day
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V-shaped recovery, but this was the craziest crash I've seen and nobody seems to know the reason it happened.
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Brutal 😬
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You heard it here first, big core product release (phase 1) scheduled for this Q4 @SuperseedXYZ ( $SUPR ) starting to fire its engines 🔥
Superchat #5: Big Superseed Upates: also Chatting crypto, markets, AI + more!
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Superchat #5: Big Superseed Upates: also Chatting crypto, markets, AI + more!
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Reminder that you can now buy $SUPR directly in the @coinbase app if you are a US user (globally soon) Here's a video showing you how 👀
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If your smartest friends start saying crazy things - pay attention. A paradigm shift may be underway.
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there has been zero euphoria and FOMO in crypto since 2021 cycle just wait until that kicks in.
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You can now mint your Seedling.
Seedling NFT minting is now live! If you participated in Seeds, you can now mint yours here → https://t.co/QgU0NpRmx9
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