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@raysonsiosol

read docs so you don't have to (someone has to) | amb @ritualnet @pisquared | ex @tacbuild

Inscrit le Mart 2024
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ray
ray@raysonsiosol·
blocks aren’t blocks anymore @ritualnet basically looked at the blockchain design and went "wait... why tf are we still treating blocks like parking lots for txs?" welcome to the world where blocks become containers for compute and yes, this changes everything ok but what’s a block actually? on most chains: - users send txs -txs get bundled into blocks - blocks get validated + added to the chain each tx is like a lil “do this” request swap this token, update this balance, call this contract etc simple. cute. until you try to compute anything real but then you try to verify a zk proof now the tx isn’t just a few storage ops it’s “hey, run this math monster and check if it’s legit” • needs CPU • maybe memory • takes time • might need parallel threads this ain’t just a line in the mempool anymore, it’s an actual compute job. or take an FHE tx that’s fully homomorphic encryption aka “do math on encrypted stuff without decrypting it” sounds magical, until you realize it’s heavier than your GPU’s self-esteem you need: • special hardware • tons of ops • longer latency bruhh this is more of a computational task than a tx and now throw in AI inference “just run this LLM for a sec” sounds easy until: • you need GPU • you need the right model version • you need low latency • you might wanna verify the output mhh yeah… again, not a basic tx. this is a compute container waiting to happen. ritual goes: what if blocks weren’t for txs, but for compute? not: “this block has 300 swaps + 42 sends” but, “this block ran: • 3 zk snark verifications • 1 GPT inference • 2 FHE multiplications" each with its own resource profile, latency, cost. compute-aware scheduling baked in and tbh, it makes way more sense why should an LLM inference + a token transfer pay gas the same way? why should a 1-second GPU job wait in line behind 200 meme coin mints? ritual treats blocks like compute capsules. each job is matched to the right runner, priced fairly, verified properly that’s where the resonance fee market comes in not “pay 21k gas lol” but: “this task needs GPU + 500MB RAM + low-latency” and you bid into a market that understands that. compute becomes a first-class citizen and blocks? they evolve. tbh blocks were never meant to do this ethereum was made for storage. logic + token transfers, not encrypted math, AI reasoning, or massive proofs. ritual’s reframing the whole mental model: blocks are now compute zones, not just storage bins and that changes how chains work entirely you’re no longer limited to “what fits into gas” you can now schedule, match, and verify actual workloads zk, fhe, ml, privacy, simulation... all in one chain, all composable, all chain-integrated mhh yeah. that’s @ritualnet. so next time someone says “ai onchain” ask them how they’re treating compute. if they’re still thinking in txs + gas + old-school blocks, they’re not ready. @ritualfnd the first to say: blocks aren’t blocks anymore.
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wtf is ritual? tbh, ritual is making multi-party computation (MPC) fully trustless using trusted execution environments (TEEs) and onchain verification. sounds amazing? let’s break it down today for your better understanding. ok but what’s MPC? multi-party computation (MPC) lets multiple parties compute something together without revealing their individual inputs. so it's like a group of people calculating the total bill but without anyone knowing how much each person contributed. this is crucial for things like: - threshold signatures (e.g. multi-sig wallets) - private voting - encrypted data processing normally, MPC setups rely on some level of trust in a coordinator or server. that’s where ritual changes the game. so what makes ritual different? ritual removes trust from the equation by combining: - TEEs (trusted execution environments) for secure execution - onchain verification to check everything is legit this means you get trustless MPC hosting without needing to trust any centralized coordinator or cloud provider. what are TEEs and why are they important? TEEs are isolated environments inside processors (like Intel SGX or AMD SEV) that let you run computations securely, even if the rest of the system is compromised. for example, think of a locked glass box, you can see what’s inside, but you can’t change or mess with it. that’s basically what TEEs do for code execution gg. ritual leverages TEEs to execute MPC operations in a way that nobody (not even the node operator) can tamper with. onchain verification TEEs are great, but how do you know they actually did what they were supposed to? honestly that’s where onchain verification takes lead. ritual ensures that every MPC operation executed inside a TEE is provable onchain, so you don’t have to blindly trust the hardware. for example, it’s like having a math teacher check your work and confirm you didn’t cheat, except the teacher here is a smart contract. ok but why is this useful? here’s where things get interesting tbh. trustless MPC has tons of real-world applications: - threshold wallets: imagine a multi-sig where no single party has full control, yet no one can cheat. - secure randomness: need verifiable randomness for a game or lottery? MPC + TEEs make it. - decentralized identity: proving things about yourself without exposing private data. - private auctions: bidders can submit prices without revealing them to others until the auction ends. normally, all these rely on some level of trust in a coordinator or platform. ritual makes them fully decentralized, and that's amazing. so who should care actually? anyone building onchain apps that need: - trustless cryptographic operations - private computations - decentralized key management ritual makes it possible to do all this without relying on centralized infra. so imo, ritual isn’t just about making MPC better, it’s about making it unstoppable tbh. with TEEs and onchain verification, you get: - secure execution (no node operator tampering) - provable integrity (onchain proof everything was done correctly) - decentralized hosting (no reliance on centralized providers) basically, if you’re building anything that needs privacy, security, or trustless coordination, @ritualnet is worth checking out.

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ray
ray@raysonsiosol·
@cryptogleet okay but like does it actually taste good or just look pretty 👀
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Milan
Milan@cryptogleet·
starting the day with this smoothie eat healthy, stay healthy 🧋
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LuBu (privacy szn)
LuBu (privacy szn)@ZhugeLyang·
won 50$ in the latest @liquidtrading contest decided to give it all back to the community through a giv3@way 🪂 how should I split it? 2x $25 or 5x $10 or max leverage on Liquid perp a ticker you guys choose & then split all the rewards after trade hits 2R from entry?
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ray@raysonsiosol·
@_Jamisky that's basically farming air at this point 😂
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©️Jamisky
©️Jamisky@_Jamisky·
$1 liquidity 69 protocols to farm it’s tough being me right now
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ray@raysonsiosol·
@Fijacyber_ whale alert honestly 😂
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ray@raysonsiosol·
@berso444 bet, what's dropping
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M0HA
M0HA@berso444·
didn't post for the whole week been cooking something in the background for those of you that are trading, keep an eye you won't be disappointed
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ray@raysonsiosol·
@Gyokeres_eth we all getting categorized by algos now, wild timeline
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ray@raysonsiosol·
@oluakachii we all got that corner of shame in the wallet bro 😂
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Kachi (semi-bald)
Kachi (semi-bald)@oluakachii·
Anytime I'm broke, my sol wallet is here to remind me of all my financial mistakes. The rug NFTs I minted and the memecoins that turned dust.
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fazin
fazin@0xfazin·
@raysonsiosol you don't really need money but staying hydrated matters, here's a bottle
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M0HA
M0HA@berso444·
@raysonsiosol why is there no good project anymore ?😭
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ray
ray@raysonsiosol·
@Creek1606 now i get this bro 😂
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K2S
K2S@k2sbhai·
@raysonsiosol Gensyn bottle is like btc trust me 🤣
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John 🟠
John 🟠@Johnboscoamaobi·
@raysonsiosol They gave you a souvenir to drink your tears 😭
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ray@raysonsiosol·
@0xIhor i guess so 😂
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Ihor🔥.eth
Ihor🔥.eth@0xIhor·
I'm sure you've already read everything you need to know about @bulktrade opening their perp dex testnet to the general public As one of the early users of Bulk, I had access to the closed testnet since January 20 and have been consistently trading there (not necessarily every day, but trying to keep a fairly consistent track record) Since you’ve probably already gone through the standard testnet guides that flooded the ct timeline yesterday, let me share a few less obvious pointers: ▫️You may not be super early, but you're still early ▫️Small alpha: try to close as many trades as you can in profit. I can't stress this enough. Don't just open and close positions for the sake of fake volume or spam as many txns as you can. That's not the way to go, trust me - you need to close trades in profit. If you're new to perp dex trading, this is an excellent opportunity to practice. You can see some of my trades in the screenshot below, I try to close them in profit, whether the gains are big or small ▫️Secondly, pay attention to the second ss I'm attaching. Aim to become a Bulk power user, literally. Trade actively, and if you have any constructive feedback, do not hesitate to share it with the core team. I promise you, this could be beneficial in one way or the other. No guarantees though That being said, I would of course keep the expectations to a minimum. But if you're bored in this market, and just want to click something for free - Bulk testnet is one of the things you should be paying attention to Btw, if your plan is to come to their DC to "grind" and spam "how are you" messages all day, chances are you're NGMI gBulk
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LuBu (privacy szn)
LuBu (privacy szn)@ZhugeLyang·
i finally cracked it i'll tell you how to build a brand on X that will earn you 1.5-2k USD/month passively complete in depth guide 👇 ✅ expert tips ✅ social analysis ✅ marketing psychology ✅ strategic deconstruction ✅ the 80/20 rule [ how to do it ] are you ready for the great reveal? make random shitposts telling others to start building a brand on X - do it once every two days, so your followers don't notice😗 THE END
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