tinker

The DeFi Vibes are returning Now with native assets, with lessons learned, with safety and security at the core Love to see it $RUJI

@jpthor What s the point if we already have TCY? And is it worth the extra risks?

$BRUNE is bonded $RUNE - goes straight into a set of nodes (eventually all of them) You earn the aggregate of all income from all nodes Set and forget - real yield. No emissions, just fees

do you think the ETH cabal knows they could have raised 1/10 the amount of DeFi United and buy enough thorchain validators to ignore dprk transactions

This past week, the degenerate gamblers in the crypto space exposed themselves: they don't think this is useful, or critical, financial infrastructure. If they did, they wouldn't be advocating for decentralized systems to be shut down because the wrong people are using them. No, I won't pull the fire alarm because you lost money at the casino.

What the actual fuck is even happening to our industry. Satoshi is probably rolling in his grave. Thorchain is doing everything right, and all these web3 toddlers are upset because they clearly don't even understand the first thing about crypto, and just think this is a space to make quick unregulated buck. Web3 is not just about making money, it's about a core philosophy and belief that in the digital era, TRUE ownership should be possible. That's it. Full stop. It started as something sorta cyberpunk, but as our world as evolved into the online one it is today, this is now something i believe everyone should have access too. But no one seems to appreciate what risks that freedom comes with. By all means, do keep your money in a bank, or invested in stocks, if you enjoy the projection that bring you. But do not expect it in web3. You should not be here because "it's like stocks, but with more potential upside" or you WILL get burned 99/100 times. But for me, the mere concept that anyone in this space would ever expect any funds to be frozen, or help to rendered in general, in the case of a scam or exploit is still absolutely mind boggling to me. It's nice when it happens; it can build trust and save projects. But it inherently should not be expected in this space, it's a built-in, omnipotent risk that everyone should account for at all times. It's just that it's a risk we take because we value the benefits of web3 even more. ------- So, about the recent KelpDAO and LayerZero exploit. You know who's "at fault" for the recent KelpDAO exploit? 1. KelpDAO for failing to enhance their LZ setup, and even further, to completely rely on a third party tool like LZ without deeply, intimately understanding it; the least i'd expect for a project handling 100s of millions of dollars.* 2. LayerZero for allowing so many teams to use their setup in the 1:1 config, and to be honest, for having the exploit in that 1:1 DVN config at all.* 3. And finally, in a weird but very real way, as rough as it sounds. It's on everyone that put money into KelpDAO, trusting a less than 5 year old protocol with hundreds of millions of dollars, without inspecting the code themselves.** This is web3, and there are inherent risks that people should understand. Hackers wouldn't have the incentive they do for these thefts if people weren't so willing to ape their funds into every new "opportunity" that emerges with limited due diligence, or if teams put more into security then they do chasing TVL. *No, i am genuinely not trying to bash either team here, we're going to see a lot more exploits like this soon from teams far more seasoned than them, (and not just in web3, i.e. mythos style threats.) Im just saying that objectively, some blame obviously lies there. **No, im not saying i inspect the source code of every dApp i put money into. Not at all. But what i am saying is that i put money in there fully understanding that i didn't inspect it, that it's not FDIC insured or similar, and that any loss incurred is on me. Again, this is the true wild west of the internet and of finance, it's not your easy ticket to a lambo. ------- MEANWHILE There sits Thorchain, following the core philosophy and ethos of web3, just providing the service it promised, no questions asked, full stop. And yet, it's somehow getting hate for it? In the attached image, one commenter says "you see stolen funds getting laundered on your platform and you do nothing." And it truly makes me wonder if he's just like "professor" Jiang that wants to know where the bitcoin servers are. Just because there's a @THORChain twitter account that someone owns, does NOT mean that anyone "owns" ThorCHAIN the blockchain. It's no one persons platform. If you don't think it should be a completely open DeFi exchange with no restrictions, then go buy a fuck load of $RUNE and start talking to some validators, and make it that way through governance. But since that won't be happening, id instead urge you and everyone like these two in the image to take a step back and reconsider what you're actually even asking for here. Even if you did control Thorchain, do you think it would continue to exist if you turned it into a centralized, censorable version of it's current self? Absolutely not, because then it's little different from a CEX. Decentralization is not all upside, and if you were every told that, im sorry you were mislead. It's far from the greatest thing since sliced bread. Decentralization has MASSIVE drawbacks compared to centralized systems in many ways; but we value it for the specific ways in which it provides a better alternative. Hating on Thorchain for operating as designed is just absurd. If not from everything i've listed here, then just for that simple fact. ------ Bottom line, Thorchain was built to do exactly this; let anyone in the world swap any amount of crypto between wallets and chains whenever they want. If you don't like that fact, that's perfectly fine, i certainly wouldn't ever judge you for it, but, it probably means you need to reevaluate if you should even be involved in crypto at all.

The @vultisig @THORChain @RujiraNetwork stack is massively undervalued rn, imo. Once integrated, we are talking about one of the most powerful stacks in crypto. Critical, unstoppable, immenently needed, core infastructure for a profoundly decentralized and free world.

I support THORChain's decision of remaining neutral to funds moving according to protocol rules I understand protocols having admin keys in early stages while code is still maturing and I believe these keys should be removed once it achieves a mature state I also agree on setting good precedents and keeping the credible-neutrality in the early days (even with admin keys) is super important to build a solid foundation culture-wise I don't hold RUNE but I still think THORChain is doing the right thing here and this drama only encourages me to study the project more in depth now Decentralization and credible neutrality is how we can build better standards moving forward

1/3 .@THORChain’s mythical “Admin Mimir”… Yes, deprecated since early 2025, but what powers did it actually had then? - Freeze tokens in selected addresses (ala USDC/T)? NO! - Seize tokens directly from selected addresses (ala Arbitrum)? NO!

Thorchain is getting some much needed viz lately They have had their fair share of fuckups over time but the state of the chain is pretty amazing, tbh A small group of people support it. No labs funding the thing. Just grit Meanwhile it is more decentralized than 98% of things, has no inflation and has real revenue It pays consistently and now has a very interesting application layer in @RujiraNetwork It does what it says it does and yet people are continually incensed

@tayvano_ @llamaonthebrink @banteg It obfuscates nothing and you are retarded.

@llamaonthebrink @banteg It obfuscates the source of funds The purpose of money laundering is so that your funds can’t be traced back to the hack.

Anddddd it’s gone. Everyone say thank you to Thorchain for providing such a valuable service to DPRK and helping them get away once again.

I don't even swear on here, but all the dishonesty, cope, avoiding responsibility, and bullying THORChain and other DEXes for not censoring people's transactions made me go on a bit of a rant. If you're going to do TrustMeBroFi, get rekt. Sorry not sorry. Decentralize or GTFO.

Men are polite and non-sexual when they are not interested because women can get violent or seek reputational damage when rejected for mating. It is an interpersonal technique called “giving her the grandma treatment” and requires a degree of feigned aloofness

South Korea-Japan Summit. PM Takaichi bows to the Korean flag and Japan's. Very subtle. It's these things that cool down diplomatic tensions 🤷‍♂️

What this actually looks like: ICE tries to get woman who thinks she's being cute for a video to move her vehicle. Three agents surround the vehicle, one from the front, two from the driver's side. Likely looking to gain control of the situation. It is not cute to them, as they're being surrounded by a mob. Woman panics, realizing this is in fact not cute, and attempts to flee thinking she can avoid arrest. Tire loses traction and the car doesn't immediately respond to gas input. Woman panics further and guns the gas causing an erratic vehicle take off. Agent at the front of the vehicle almost gets hit. Agents respond by opening fire thinking the woman is using the vehicle as a deadly weapon, trying to hit the lead ICE agent at the front of the vehicle. Woman who shouldn't have even been there, but was there because she got spun out of control on TikTok drama dies. Agents have to live with it. Will likely have people demanding a mob-style execution by COB today. What the Right Wants: Psychotic leftist domestic terrorist tries to kill ICE agents! We should use more force. What the Left Wants: Fascist NAZI psychopaths are murdering women and children! We should use more force. Who actually wins: Minnesota politicians and bureaucrats who can spin this into a riot and continue to avoid accountability for fraud. Federal politicians who can use the flames to continue to avoid accountability for a billionaire child sex trafficking ring. Thanks for coming to my TED Talk. Don't be stupid, stupid.

La France a décidé de voter contre la signature de l’accord entre l’Union européenne et les pays du Mercosur.

We're now learning of a French tax agent who used privileged access to find and target cryptocurrency owners on behalf of an unknown third party. leparisien.fr/faits-divers/l…

🇫🇷 Une agent du fisc exploitait des données sensibles pour des recherches ciblant aussi des investisseurs en crypto. Une affaire judiciaire étonnante secoue actuellement la justice : une ancienne fonctionnaire de l’administration fiscale a été mise en examen pour avoir utilisé de manière frauduleuse des données confidentielles dans un but criminel. Si l’enquête s’est d’abord focalisée sur une violente agression visant un agent pénitentiaire, une dimension liée aux cryptomonnaies a rapidement émergé. En effet, cette femme de 32 ans originaire de Bobigny, travaillait au sein des services fiscaux lorsqu’elle a commencé à établir des « profils » pour un individu ou un groupe dont l’identité reste à ce jour inconnue. Elle a utilisé le logiciel interne de l’administration fiscale, pour obtenir des informations sensibles sur plusieurs personnes ciblées par ses « clients ». Parmi ces personnes figuraient non seulement des gardiens de prison (qui ont ensuite été victimes d’un home jacking avec violence), mais également des spécialistes et investisseurs en cryptos. Ses commanditaires auraient donc eu accès à de nombreuses informations sensibles (Noms, adresses, plus-values etc...) de personnes détenant des fonds en crypto.

Close them all. We cannot have a potential invading army be within our borders.

@CredibleCrypto Could be bots mistakenly buying after seeing bunch of X posts about chevron

Seeing this theory around- that $CVX is only pumping because people are mistaking it for Chevron stock. Folks, you are aware that $CVX is only on like 2 major exchanges and neither of them are particularly known for their tokenized stock trading, right? Unless you think some Coinbase/Binance users somehow forgot that these are crypto exchanges that they’ve been using for the past 5 years and not stock exchanges this argument is a weak one lol. $XRP erased 4 years of bearish PA in 23 days. $CVX will do the same at some point (even if it’s not now) and it won’t be because it shares a ticker with Chevron lol.

Now that ZKEVMs are at alpha stage (production-quality performance, remaining work is safety) and PeerDAS is live on mainnet, it's time to talk more about what this combination means for Ethereum. These are not minor improvements; they are shifting Ethereum into being a fundamentally new and more powerful kind of decentralized network. To see why, let's look at the two major types of p2p network so far: BitTorrent (2000): huge total bandwidth, highly decentralized, no consensus Bitcoin (2009): highly decentralized, consensus, but low bandwidth - because it’s not “distributed” in the sense of work being split up, it’s *replicated* Now, Ethereum with PeerDAS (2025) and ZK-EVMs (expect small portions of the network using it in 2026), we get: decentralized, consensus and high bandwidth The trilemma has been solved - not on paper, but with live running code, of which one half (data availability sampling) is *on mainnet today*, and the other half (ZK-EVMs) is *production-quality on performance today* - safety is what remains. This was a 10-year journey (see the first commit of my original post on DAS here: github.com/ethereum/resea… , and ZK-EVM attempts started in ~2020), but it's finally here. Over the next ~4 years, expect to see the full extent of this vision roll out: * In 2026, large non-ZKEVM-dependent gas limit increases due to BALs and ePBS, and we'll see the first opportunities to run a ZKEVM node * In 2026-28, gas repricings, changes to state structure, exec payload going into blobs, and other adjustments to make higher gas limits safe * In 2027-30, large further gas limit increases, as ZKEVM becomes the primary way to validate blocks on the network A third piece of this is distributed block building. A long-term ideal holy grail is to get to a future where the full block is *never* constituted in one single place. This will not be necessary for a long time, but IMO it is worth striving for us at least have the capability to do that. Even before that point, we want the meaningful authority in block building to be as distributed as possible. This can be done either in-protocol (eg. maybe we figure out how to expand FOCIL to make it a primary channel for txs), or out-of-protocol with distributed builder marketplaces. This reduces risk of centralized interference with real-time transaction inclusion, AND it creates a better environment for geographical fairness. Onward.