yielddaddy.eth🦇🔊

@EVMavericks @opensea @icobeast EVMavericks on X now

EVMavericks are now verified on @opensea. Thank you @icobeast for getting it through the finish line 🫡

@TrustlessState @bankless x.com/0xyielddaddy/s…

First edition of Ethereum Weekly from @bankless!

So how long do I have to wait until Ethereum has an image board like 4chan but build upon blobs? We need more cypherpunk builders

More then a year ago I said blobs would unlock a new onchain vertical. Now its here. BlobKit makes blobspace usable, ephemeral, verifiable, cheap Messaging, game state, vanishing tokens,... all ETH-native Alts L1s coping as there is no simple copy paste ethcf.org/blobkit/

@mert Bearish take Ethereum is like the not sexy, not UX-friendly, but robust and ever lasting UNIX ecosystem running 90% of worldwide infrastructure since forever. Just as unix Ethereum will run the new financial infrastructure, excel is just one of its applications in its ecosystem

the most bullish framing for ethereum would be: the microsoft excel of the internet excel is not used for the sexy stuff and it doesn't have amazing UX, but it is trusted, most of finance flows through it, and it has not been displaced in many decades

There was never a pivot

@lowpolyduck @peter_szilagyi @mhswende @hwwonx @inversebrah ct ptsd

@peter_szilagyi @mhswende @hwwonx Everytime you show up on my timeline my heart skips a beat cause I think sbf is back, Happy for you though, or sorry that happened

I DARE you and the entire #Ethereum foundation to say that you didn't offer $5M for us to spin out. Or that EF didn't ask at least 3 times if we wanted to make a company instead and go off, just me and Felix and @mhswende pushed back. I dare @hwwonx to deny our Feb talk.

@CigsKillKids @codemiko Our best explanation as of now indeed.

@codemiko because the 2nd law of thermodynamics. the universe tends to increase entropy, and infinitely self replicating machines are a very efficient way to do that (in fact, currently the most efficient way to do it)

Why do things reproduce? like why what’s the purpose? I get like to propagate the species and all that but whyyyyyyyyyy what for?

@EthereanMaximus @nic_carter You can count basic healthcare & education in there as well.

It’s really quite remarkable how on virtually every moral issue of the day, America is right and Europe is wrong. Can’t think of even one domain where the Euros are ahead

IMO UN resolution votes should be secret ballot. Each country can choose (and replace) their own representative, but once the choice is made, what the representative does is up to their own conscience. Less "pressuring" by great powers, more seeing how people really think.

@eth_proofs Congrats @SuccinctLabs

real-time proving, visualised 🤯 realtime.staging.succinct.xyz

ETH price when ETH/BTC goes to: 0.16 = $16,480 0.5 = $51,500 1.0 = $103,000 1.5 = $154,500 2.0 = $206,000 5.0 = $515,000

@toly @CloutedMind Bro is proud this is a Solana feature that he thinks Ethereum has as well lmao

@CloutedMind Bro, it’s the same people to get to 70% on ethereum. All the lido validators (chorus one, p2p, etc..) binance, coinbase, and kraken. If geth needs to push a patch, I’ll be happy to coordinate for them.

am i hearing this right? there was a zero day on solana mainnet and >70% of the validators privately colluded to upgrade and patch the critical bug before it was even made public

@VitalikButerin Me joining comments on Vitalik tweets

Privacy was always the true alpha.

The EF is donating $1.25M to the legal defense of Alexey Pertsev. Privacy is normal, and writing code is not a crime. You can contribute to @alex_pertsev's defense here: juicebox.money/v2/p/713

@nixorokish Same vibes as pre 2022 imo Going to be horrible once ETH outperforms

idk pretty bullish, if you ask me, that btc maxis are spending this much effort to try to damage ethereum's reputation by fabricating "rollback discussion" misinformation when everyone in the ethereum community knows that's not possible had no idea they felt this threatened

@piersmorgan @elonmusk x.com/elonmusk/statu…

I admire a lot of what you do, @elonmusk .. but your vicious attack on President Zelensky last night was incredibly disappointing. Anything negative to say about Vladimir Putin - or is it just the guy whose country he illegally invaded who is the problem?

@brian_armstrong Thanks Brian

Great news! After years of litigation, millions of your taxpayer dollars spent, and irreparable harm done to the country, we reached an agreement with SEC staff to dismiss their litigation against Coinbase. Once approved by the Commission (which we're told to expect next week) this would be a full dismissal, with $0 in fines paid and zero changes to our business. This is hugely vindicating, especially because many people questioned my decision to engage in litigation with the SEC on this matter in 2023. People told me the courts would give a lot of leeway to the government. They said public market investors wouldn't like it. They said it would take years and cost us tens of millions of dollars in legal fees (which it did). They said the agency would use mafia tactics like trying to pressure other companies not to work with us while the lawsuit was underway (which they did). But I knew a few truths that helped make it an easy decision to fight them in court: 1. The SEC was wrong on the law. They were exceeding the authority given to them by congress by asking us to delist a number of assets that were not securities. We had taken a conservative approach to ensure we weren't listing any securities, and the SEC itself had allowed us to go public in 2021 after reviewing our listing standards in depth. We tried to “come in and register” but it turned out it was a fake offer, as every crypto company discovered. Regulators are supposed to enforce the law, but they can't make up new laws on the spot if they don't like the current ones, or weaponize a lack of clarity in the law. 2. Caving to their demands could have killed the crypto industry in America. The SEC made it clear to us that the only way to avoid litigation was to delist the many assets they falsely claimed were securities. It was a bullying tactic, pure and simple, driven by Gensler's own political agenda. And if we had caved, it would have dramatically limited the scope of which crypto assets were allowed in the US, and pushed the industry further offshore, into the shadows. Never forget how close a few activists in government came to unlawfully killing an entire industry in America! It could have easily gone the other way. Thank goodness the founding fathers created the judicial branch, as a check and balance on executive power. 3. It was the right thing to do for our customers and the industry. At the end of the day, it didn't matter what our chance of success was. I had to stand up for our customers’ and our industry’s rights. I also knew it would serve as a deterrent for future bad actors around the world we may have to engage with, for them to know that we won't be bullied or pressured. We are comfortable engaging in litigation across multiple fronts, indefinitely, while continuing to build. This is business as usual. As Bain in The Dark Knight says, "you merely adopted the dark; I was born in it". Growing up I had a naive view that regulators exist to hold companies accountable. What I realized in this ordeal is sometimes, companies must hold regulators accountable who are painting outside the bounds of the law, to preserve freedom. Accountability can actually happen both ways. At Coinbase, our mission is to increase economic freedom, and I initially thought we could achieve this solely through our crypto products. But I'm increasingly realizing that we can move the needle on economic freedom in the courts and through our policy efforts as well, when we see bad actors in government around the world. We plan to do more of this. I have to give credit here to the Trump administration, for winning the election, and for the departure of the activist head of the SEC, Gary Gensler, who orchestrated this unlawful action along with Elizabeth Warren, and a handful of their lackeys in congress. I feel confident we would have won this case in the courts either way, given our facts were so strong, but it certainly helped accelerate the process and drive accountability. I called out the sketchy behavior of the SEC back in 2021, and I believe this comment turned out to be prescient. I want to give a shout out to all the other crypto companies who fought back with their own lawsuits (we certainly were not the only ones). I want to give a shout out to all the crypto startups who couldn't afford the legal fees, and went bankrupt due to the administration's abusive tactics. Your company may have died, but crypto lives on. Don't stop building. I want to give a shout out to both Democrat and Republican members of congress, who are working hard to ensure America leads on crypto. I know that Gary Gensler and Elizabeth Warren do not represent the entire Democratic party. And I want to give a shout out to all the crypto holders in the US who elected pro-crypto candidates, on both sides of the aisle, to make sure your rights were preserved. It turns out the crypto voter is real, and showed up in the millions. Finally, I expect we'll continue working productively with the SEC on any number of items over the years, just as we do with every agency around the world where we operate. I look forward to the SEC being reformed under Paul Atkins, Mark Uyeda, Hester Peirce, and DOGE, and new more sensible personnel coming into leadership roles. I commend the new leadership that is already in place for working to right this wrong - it's a great step in the right direction, and took courage. Now let's get some crypto legislation passed in the US to finally clarify the rules, and really kick off this next phase of building.

@VitalikButerin @WhiteHouse What would a 10x improvement for Manhatten look like @VitalikButerin ?

@WhiteHouse so... you're abolishing price mechanisms and creating a situation where people will have to wait in lines more? pretty sure there's a C word for that

"CONGESTION PRICING IS DEAD. Manhattan, and all of New York, is SAVED. LONG LIVE THE KING!" –President Donald J. Trump