Matt
@matt_bitcoin
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this video is a rorshach test, both sides are seeing how dumb the other is
“Yes ma’am, I just need you go to the bitcoin blockchain, find block 920,000.. what’s that?.. Okay ma’am, I need you to click on the internet explorer icon..”
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let's fucking go
5/ If you pledge, you’re saying: - I care about users authorizing their own actions - I don’t want my protocol to depend on private servers and opaque relayers - I’m willing to pay a real cost to keep Ethereum trustless
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@pcaversaccio EIP-696712399 Abstraction Protocol for abstracting the abstraction with a protocol based on abstractions
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glad the quiet part of the tps glorification can be said out loud now
@therealchaseeb We do process 4000-5000 orders and cancels per second. Most of that activity comes from HFTs and market makers trading programmatically, not retail. What's your question exactly? Sorry I don't have experience answering FUD from Solana maxis, only the HL maxis so far.
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if you're reading this and you believe in something, there's a damn good reason why you feel that way
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if you are old enough to remember EIP4488 4,000 tps please let's collab somehow
Ethereum L2s at 24,000 TPS now. I think we finally reached escape velocity for L2 scaling. L2 TPS now entering the exponential age. Here's what's new: 1. zk appchains are here. Lighter is a new type of rollup thats post state diffs and zk proofs, requires minimal Ethereum DA.
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Keep Your JPEGs Off My Hashrate! The debate that’s splitting miners right down the middle — are Ordinals driving innovation or clogging the chain? Speakers: @LukeDashjr - @ocean_mining Alex Dischinger- @mega_miner_ Sydney Bright- @AbundantMines Bryce McDowell- Retired OG
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"each chain’s design attracts a distinct user type & that existing base then sets product patterns future builders optimize for & monetize from, creating a self-reinforcing loop end users don’t need to know the chain but the chain still shapes who shows up & what gets built"
1kx’s onchain revenue report makes it evident: each chain’s design attracts a distinct user type, and that existing user base then sets the product patterns future builders optimize for (and monetize from) -- creating a self-reinforcing loop. can see this across sol, eth l1,
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those scenarios feel SUPER different to me. the beauty behind the Binance proposal was that there would have been no central coordination required. Binance would have published an anyone-can-spend txn of the old coins, spendable at the block height where Binance still
almost 7 years ago, @cz_binance, @JeremyRubin and @hasufl got into atelegram group to talk about whether we could deep reorg Bitcoin to undo a Binance hack we got a lot of flak for even discussing this I think what @berachain is doing is pretty cool :)
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Bitcoin's quantum defense needs 3 layers, not 1 Most people think "just add quantum-resistant signatures" - but it is more complex than that Without all 3 layers, Bitcoin either gets hacked or becomes too expensive to use Luckily, Bitcoin brains like @tdryja are on it 1/n
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formal verification at the core of the state transition machinery (vm level) is the only way for on-chain software to make promises to the capital delegates to them. There’s no any other way
Formal verification at the transaction level is only way forward. Interaction of contracts is hard to model and reason about. Formal verification on tx level offers the recursive proof that properties are maintained with any contract sub-calls.
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"Trust me most of the apps you guys are using on the daily are NOT decentralized in any way."
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Nice thing about UTXO model is that it forces the developer of the script to reason more from a verification point of view rather than compute/storage. Sure is harder for developer to reason about it (and can have bugs as well). Functional vs imperative
The Balancer v2 hack isn't about lost funds. It’s a trust collapse. A protocol live since 2020, audited and widely used, can still suffer a near-total TVL loss. That’s a red flag for anyone thinking DeFi is “stable.” No serious capital allocates into systems that fragile.
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crazy how one research endeavor can dent the universe
In light of these results, the ZK space should seriously consider operating only in proven regimes.
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Permissionless live streaming + micropayments. Open networks feel like magic. Stream from any Nostr service, watch from any app.
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@TastyJelly_ @debamit007 appreciate your question! everything that is being called web3 is actually a combination of web3 (p2p) and web2 (traditional web technologies), web3+web2=web5 I did a talk here if you're interested in learning more https://t.co/zX5T5a3iAs
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