Bibi

First 31 wallets that buys over 1million $GLOCK between today and March and holds for minimum 1 month I’ll give a Glockimon. These 31 are what I currently have: keep going down to see my whole collection ⬇️ 4/31

Now, execution layer changes. I've already talked about account abstraction, multidimensional gas, BALs, and ZK-EVMs. I've also talked here about a short-term EVM upgrade that I think will be super-valuable: a vectorized math precompile (basically, do 32-bit or potentially 64-bit operations on lists of numbers at the same time; in principle this could accelerate many hashes, STARK validation, FHE, lattice-based quantum-resistane signatures, and more by 8-64x); think "the GPU for the EVM". firefly.social/post/x/2027405… Today I'll focus on two big things: state tree changes, and VM changes. State tree changes are in this roadmap. VM changes (ie. EVM -> RISC-V or something better) are longer-term and are still more non-consensus, but I have high conviction that it will become "the obvious thing to do" once state tree changes and the long-term state roadmap (see ethresear.ch/t/hyper-scalin… ) are finished, so I'll make my case for it here. What these two have in common is: * They are the big bottlenecks that we have to address if we want efficient proving (tree + VM are like >80%) * They're basically mandatory for various client-side proving use cases * They are "deep" changes that many shrink away from, thinking that it is more "pragmatic" to be incrementalist I'll make the case for both. # Binary trees The state tree change (worked on by @gballet and many others) is eips.ethereum.org/EIPS/eip-7864, switching from the current hexary keccak MPT to a binary tree based on a more efficient hash function. This has the following benefits: * 4x shorter Merkle branches (because binary is 32*log(n) and hexary is 512*log(n)/4), which makes client-side branch verification more viable. This makes Helios, PIR and more 4x cheaper by data bandwidth * Proving efficiency. 3-4x comes from shorter Merkle branches. On top of that, the hash function change: either blake3 [perhaps 3x vs keccak] or a Poseidon variant [100x, but more security work to be done] * Client-side proving: if you want ZK applications that compose with the ethereum state, instead of making their own tree like today, then the ethereum state tree needs to be prover-friendly. * Cheaper access for adjacent slots: the binary tree design groups together storage slots into "pages" (eg. 64-256 slots, so 2-8 kB). This allows storage to get the same efficiency benefits as code in terms of loading and editing lots of it at a time, both in raw execution and in the prover. The block header and the first ~1-4 kB of code and storage live in the same page. Many dapps today already load a lot of data from the first few storage slots, so this could save them >10k gas per tx * Reduced variance in access depth (loads from big contracts vs small contracts) * Binary trees are simpler * Opportunity to add any metadata bits we end up needing for state expiry Zooming out a bit, binary trees are an "omnibus" that allows us to take all of our learnings from the past ten years about what makes a good state tree, and actually apply them. # VM changes See also: ethereum-magicians.org/t/long-term-l1… One reason why the protocol gets uglier over time with more special cases is that people have a certain latent fear of "using the EVM". If a wallet feature, privacy protocol, or whatever else can be done without introducing this "big scary EVM thing", there's a noticeable sigh of relief. To me, this is very sad. Ethereum's whole point is its generality, and if the EVM is not good enough to actually meet the needs of that generality, then we should tackle the problem head-on, and make a better VM. This means: * More efficient than EVM in raw execution, to the point where most precompiles become unnecessary * More prover-efficient than EVM (today, provers are written in RISC-V, hence my proposal to just make the new VM be RISC-V) * Client-side-prover friendly. You should be able to, client-side, make ZK-proofs about eg. what happens if your account gets called with a certain piece of data * Maximum simplicity. A RISC-V interpreter is only a couple hundred lines of code, it's what a blockchain VM "should feel like" This is still more speculative and non-consensus. Ethereum would certainly be *fine* if all we do is EVM + GPU. But a better VM can make Ethereum beautiful and great. A possible deployment roadmap is: 1. NewVM (eg. RISC-V) only for precompiles: 80% of today's precompiles, plus many new ones, become blobs of NewVM code 2. Users get the ability to deploy NewVM contracts 3. EVM is retired and turns into a smart contract written in NewVM EVM users experience full backwards compatibility except gas cost changes (which will be overshadowed by the next few years of scaling work). And we get a much more prover-efficient, simpler and cleaner protocol. firefly.social/post/farcaster…

Pudgy Penguins killing their mobile game stings a bit ngl… but these guys keep finding ways to stay relevant. Sometimes pruning dead weight is the smartest move. Bullish long term. #PudgyPenguins Anyone else still holding?

The best way to build an L2 is to lean into the L1's offerings (security, censorship resistance, proofs, data avail...) more, and reduce your logic to just being a sequencer and a prover (if based, just a prover) over the core execution. This is the combination of trust minimization and efficiency that the 2010s enterprise blockchain crew wanted, but was never able to achieve. Now, with Ethereum L2s, you can achieve it. And we've already seen successful examples of the L1's features protecting users' rights if something on the L2 goes wrong.

If you bought SpaceX 10 minutes ago, you'd have outperformed someone holding $ETH for 5 years.

I haven’t sold a sat. Strategy is still stacking.

Someone said to me yesterday that the era of easy money in crypto is over. If that's true (I don't know if it is), then there's a good chance that most of you are wasting your time here. The reason is that almost everyone you see today who has achieved some level of success started their journey during one of these easy-money cycles. Whether it was buying BTC in 2012, getting into DeFi early, trading NFTs in 2021, memecoins in 2024, or InfoFi in 2025, the pattern is the same. You can't go from zero to one without an easy-money cycle. So if you're at zero now, there is a chance that you will stay there

could not ask for better marketing on why open source AI models available for use by anyone without disclosing your personal data will be extremely important there are some crypto protocols being built that are uniquely positioned to solve this problem

Strategy sold 32 BTC the week before this. With a 1550 BTC buy today, they bought 48x as much BTC as they sold. Average price of ~$65k / BTC. If they had deployed the same $101m into BTC a week earlier (~$75k / BTC), they would have bought ~1347 BTC. In other words, selling 32 BTC and the market irrationally panicking about it... allowed Strategy to buy 203 BTC more this week for the same dollars.

What's the one move you made this week that you think nobody else saw coming?

The crypto space never sleeps and today was PROOF of that. So much happening under the radar that most people are missing completely. Don't sleep on this market 👀 #crypto Who's paying attention?

You hear about the guy who put $1000 into the SpaceX IPO and made $25,000, but you don't hear about the hundreds who put $1000 and are left with $0.10.

What's the one meal that always brings you back to yourself?

Made homemade ramen tonight and sat with it in silence. Sometimes the simplest things remind you what actually matters. Markets move, chains evolve… but a warm bowl? That's timeless.

sending $100 in Bitcoin to 5 people that like this post

$BTC to $200,000. $ETH to $8,000. All of this will happen next bull market. Are you positioned?

Bitcoin has won. Global consensus is that $BTC is digital capital. The four-year cycle is dead. Price is now driven by capital flows. Bank and digital credit will determine Bitcoin’s growth trajectory. The biggest risk is bad ideas driving iatrogenic protocol changes.

I need your honest reply. If I send you 500K, what will you buy RIGHT NOW? ETH at $1670 XRP at $1.13 SOL at $66 ADA at $0.16 SUI at $0.7 TAO at $198 LINK at $7.6 LTC at $44

Anyone else seeing this?

just closed the laptop, ignored the charts for 2 hrs and went outside like a normal person. genuinely forgot what trees looked like lol. highly recommend doing this at least once a week fr

5 years of only pain. 0 gains. RIP altcoin holders.