joshdavis.eth ๐
@joshdavislight
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Protocol Supportoor @ethereumfndn
Joined September 2014
The first devnet for EIP-7928, Block-level Access Lists, is live. This marks a big step toward major L1 scaling improvements next year. Excited for where this leads! Big shoutout to everyone involved โ especially @fselmo2, @raxhvl, @stefan_star and all the client teams involved!
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A late entry for meme of the year
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Ethereum finally scaling is making some of you soft. "ETH swaps are so cheap now why do we even need other chains anymore?" Let me be clear: Ethereum, Base and even Solana are nowhere near where we need to be to achieve global-scale crypto usecases. As proof, look a single
With this, I want to ask @bread_: What's the use of new L2s like megaETH and how are they going to generate revenue? Also, with the Fusaka update, why not have more L1s move to Ethereum? I would like a better idea instead of talks on finality. Thanks SFI
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a new term i may play around with is blockchain illiteracy, which refers to people seemingly unaware of why blockchains are structured the way they are, up to and including governance (or perhaps especially so). you can no longer presume people know why blockchains were created.
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Imagine an alternate history
Let's imagine crypto in reverseโฆ where all financial technology is decentralized and we are all able to move assets permissionlessly on a single global ledger And then a rogue COBOL engineer comes along and says "I've got a better idea right it's massively complicated - every
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Last night around 5pm I sat down to do some work. I opened my Rabby wallet to try out Espresso's new cross-chain mint product, Presto, that Rarible had just put live on mainnet. When I opened my wallet, I immediately saw that $30k was missing...
The deep irony that as I sat here writing a defense of privacy in crypto to present in DC next week... my wallet was getting drained and the funds are getting deposited into Railgun.
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Would you ratherโฆ. Pay with your attention and be subconsciously influenced? Or make micropayments?
I built a demo app that lets you pay fractions of a cent per second to watch videos using x402 on @base. This unlocks a completely different video monetisation model. App link + explanation of why I think this could be big ๐
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Last quarter I rolled out Microsoft Copilot to 4,000 employees. $30 per seat per month. $1.4 million annually. I called it "digital transformation." The board loved that phrase. They approved it in eleven minutes. No one asked what it would actually do. Including me. I
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Paraphrased from @VitalikButerin's insightful conversation with @torproject's @RogerDingledine. https://t.co/o7OGbV6bKh
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Everyone does fast. Everyone does big. Fast and big is not in short supply. Ethereum needs to focus on the things that otherwise would be in short supply. Maintaining a global, geographically-decentralized, permissionless, open and censorship-resistant system is at the core.
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Itโs a feature, not a bug.
Out there prediction: there will be pressure on Ethereum in 2026 to outline formal governance procedures. I understand the limits to tokenholder voting, but not formally outlining goveranance structures doesn't mean they don't exist. They do form, they're just opaque and not
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๐งตThread Series (1/3): STEEL at Ethereum Foundation 1/ This last summer I worked at Ethereum Foundation (@ethereumfndn) as one of their first official interns. My work was with the STEEL team, specifically on the EELS side of things. What does that mean? Lets unpack... ๐
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For years, I've complained internally at the EF that we do not have enough expertise at p2p: we think a lot about cryptoeconomics, BFT consensus and blocks, but we take the p2p networking layer for granted. I think that's no longer true, and PeerDAS shows it. @raulvk and others
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There has never been a worse time in history to be a junior dev. There has never been a better time in history to be a solo entrepreneur. The difference between these two is simply your mindset. Go build something people use.
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Ethereum is for shipping. Here are 29 things the Ethereum ecosystem launched, upgraded, and announced over the past month. 0/ Fusaka, Ethereumโs latest upgrade, went live on December 3rd. Fusaka included 13 Ethereum Improvement Proposals (EIPs) that boost blob capacity, improve
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๐ฎ glamsterdam scoping already starting to take shape ๐ฃ๏ธ getting late - for those that want to advocate for an EIP, speak up now! 1๏ธโฃ rank page: https://t.co/PNTP1xNoWs 2๏ธโฃ post to ethmag: https://t.co/7FdDKTtJiD
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PeerDAS is that sexy matrix
Here it is. #PeerDAS coming alive as #Fusaka kicked in at epoch 411392. The beating pulse of all 128 column subnets distributing blob data across Ethereum mainnet. One for the books. Congrats to everyone involved: this was a massive redesign. It only goes up from here with BPOs,
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Fusaka has finalized on Ethereum Mainnet! On top of that, we have successfully concluded our Mainnet testing round of all Fusaka EL functionality! Check out the report with details of the tests for each EIP here: https://t.co/h6Trh4Ef9P
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the eth core devs donโt tweet a lot about just how hard the work that they do is so letโs talk about it: 1. every line of code they merge can move more money than most banks process in a quarter. there is no staging server for that. 2. they swap consensus logic for a 400B +
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