Alex Kapor retweetledi
Alex Kapor
948 posts
Alex Kapor retweetledi
Alex Kapor retweetledi
Alex Kapor retweetledi
@arkham Saylor is buying $1Billion bitcoin daily. And you are reporting Bhutan is sold $18 M bitcoin!!!
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Alex Kapor retweetledi
@iampaulgrewal Don’t only think of prospering yourself only… think of all people that have lost tons of money trusting crypto industry!!
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Thanks to @patrickjwitt and @whitehouse for hosting us all today. Crypto showed up ready to work, and we all made progress. There’s still more work to do for sure, and we hope everybody will stay at the table to do what’s right.
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@jessepollak Does that mean base will never transit to its own L1 and always be L2 on ethereum? Please explain to all developers and investors how your base tokenomics will be sooner than later !!!!
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it’s great to see ethereum scaling L1 - this is a win for the entire ecosystem.
going forward, L2s can’t just be “ethereum but cheaper.” that's why from the beginning of base we've shown up everyday to onboard new users, developers, and apps, push the technology forward, and do it all in a symbiotic way that grows the entire ecosystem.
we’ve benefited deeply from building with ethereum - by leveraging its security and infrastructure, we've been able to focus: on building the best products and unlocking new real use cases across trading, social, gaming, creators, predictions, and so much more. We reached stage 1 last year and are accelerating towards solving the technical complexities of safely reaching stage 2.
base is going to keep driving hard towards our mission: building a global economy that increases innovation, creativity, and freedom. to do that, we're already leaning into the kind of differentiation vitalik is talking about here, and have been supported by the EF in doing so: building the best apps, native account abstraction, privacy, scaling, and more.
excited to work with ethereum to build the onchain future we all believe in.
vitalik.eth@VitalikButerin
There have recently been some discussions on the ongoing role of L2s in the Ethereum ecosystem, especially in the face of two facts: * L2s' progress to stage 2 (and, secondarily, on interop) has been far slower and more difficult than originally expected * L1 itself is scaling, fees are very low, and gaslimits are projected to increase greatly in 2026 Both of these facts, for their own separate reasons, mean that the original vision of L2s and their role in Ethereum no longer makes sense, and we need a new path. First, let us recap the original vision. Ethereum needs to scale. The definition of "Ethereum scaling" is the existence of large quantities of block space that is backed by the full faith and credit of Ethereum - that is, block space where, if you do things (including with ETH) inside that block space, your activities are guaranteed to be valid, uncensored, unreverted, untouched, as long as Ethereum itself functions. If you create a 10000 TPS EVM where its connection to L1 is mediated by a multisig bridge, then you are not scaling Ethereum. This vision no longer makes sense. L1 does not need L2s to be "branded shards", because L1 is itself scaling. And L2s are not able or willing to satisfy the properties that a true "branded shard" would require. I've even seen at least one explicitly saying that they may never want to go beyond stage 1, not just for technical reasons around ZK-EVM safety, but also because their customers' regulatory needs require them to have ultimate control. This may be doing the right thing for your customers. But it should be obvious that if you are doing this, then you are not "scaling Ethereum" in the sense meant by the rollup-centric roadmap. But that's fine! it's fine because Ethereum itself is now scaling directly on L1, with large planned increases to its gas limit this year and the years ahead. We should stop thinking about L2s as literally being "branded shards" of Ethereum, with the social status and responsibilities that this entails. Instead, we can think of L2s as being a full spectrum, which includes both chains backed by the full faith and credit of Ethereum with various unique properties (eg. not just EVM), as well as a whole array of options at different levels of connection to Ethereum, that each person (or bot) is free to care about or not care about depending on their needs. What would I do today if I were an L2? * Identify a value add other than "scaling". Examples: (i) non-EVM specialized features/VMs around privacy, (ii) efficiency specialized around a particular application, (iii) truly extreme levels of scaling that even a greatly expanded L1 will not do, (iv) a totally different design for non-financial applications, eg. social, identity, AI, (v) ultra-low-latency and other sequencing properties, (vi) maybe built-in oracles or decentralized dispute resolution or other "non-computationally-verifiable" features * Be stage 1 at the minimum (otherwise you really are just a separate L1 with a bridge, and you should just call yourself that) if you're doing things with ETH or other ethereum-issued assets * Support maximum interoperability with Ethereum, though this will differ for each one (eg. what if you're not EVM, or even not financial?) From Ethereum's side, over the past few months I've become more convinced of the value of the native rollup precompile, particuarly once we have enshrined ZK-EVM proofs that we need anyway to scale L1. This is a precompile that verifies a ZK-EVM proof, and it's "part of Ethereum", so (i) it auto-upgrades along with Ethereum, and (ii) if the precompile has a bug, Ethereum will hard-fork to fix the bug. The native rollup precompile would make full, security-council-free, EVM verification accessible. We should spend much more time working out how to design it in such a way that if your L2 is "EVM plus other stuff", then the native rollup precompile would verify the EVM, and you only have to bring your own prover for the "other stuff" (eg. Stylus). This might involve a canonical way of exposing a lookup table between contract call inputs and outputs, and letting you provide your own values to the lookup table (that you would prove separately). This would make it easy to have safe, strong, trustless interoperability with Ethereum. It also enables synchronous composability (see: ethresear.ch/t/combining-pr… and ethresear.ch/t/synchronous-… ). And from there, it's each L2's choice exactly what they want to build. Don't just "extend L1", figure out something new to add. This of course means that some will add things that are trust-dependent, or backdoored, or otherwise insecure; this is unavoidable in a permissionless ecosystem where developers have freedom. Our job should make to make it clear to users what guarantees they have, and to build up the strongest Ethereum that we can.
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Alex Kapor retweetledi
Alex Kapor retweetledi
Thanks to President Trump, America is the CRYPTO CAPITAL of the WORLD! 🇺🇸🌎
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Alex Kapor retweetledi
@RobinhoodApp Who cares.. list some memecoins on base!! Everybody will jump on! Memecoins are the future of crypto and trading!!! Something exciting!!
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Alex Kapor retweetledi
@DennisonBertram a huge publicly traded company and…..keyboard cat
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Alex Kapor retweetledi
Alex Kapor retweetledi
Alex Kapor retweetledi
Alex Kapor retweetledi
Strategy has acquired 10,645 BTC for ~$980.3 million at ~$92,098 per bitcoin and has achieved BTC Yield of 24.9% YTD 2025. As of 12/14/2025, we hodl 671,268 $BTC acquired for ~$50.33 billion at ~$74,972 per bitcoin. $MSTR $STRC $STRK $STRF $STRD $STRE strategy.com/press/strategy…
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Alex Kapor retweetledi
Alex Kapor retweetledi
Bitcoin performance
2025: 🔴 -3%
2024: 🟢 +120%
2023: 🟢 +106%
2022: 🔴 -64%
2021: 🟢 +83%
2020: 🟢 +305%
2019: 🟢 +95%
2018: 🔴 -74%
2017: 🟢 +1,375%
2016: 🟢 +120%
2015: 🟢 +36%
2014: 🔴 -58%
2013: 🟢 +5,428%
2012: 🟢 +218%
2011: 🟢 +1,317%
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