Gavin Thomas (🔟/🔟)

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Gavin Thomas (🔟/🔟)

Gavin Thomas (🔟/🔟)

@Gavin_Chain

Co-founder @tenprotocol | Full-time blockchain enthusiast | Part-time beekeeper

London Katılım Mart 2022
402 Takip Edilen957 Takipçiler
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Gavin Thomas (🔟/🔟)
Gavin Thomas (🔟/🔟)@Gavin_Chain·
My story. My first brush with technology came as a 7-year-old boy dismantling toys to build a robot to carry a cup of tea to my dad. It mostly worked, with only about 20% spillage. A few years later, I was “coding” (copying text from a computer magazine) to play games with friends on a Commodore 64. A keen interest in robotics and software was blossoming. This ultimately led me to graduate with a degree in Mechanical Engineering. I regret being dissuaded from studying robotics and AI, although writing an app to design wind turbine blades was fun. Graduating during the dotcom boom, my first real job was in IT, building strategies and techniques to roll out thousands of computers around the world. This came from being employed by a global telecoms firm just as the Internet took off. Trips to offices in Amsterdam, Singapore, Hong Kong and Sydney left me with fond memories. Around this time, I blew off steam with some easy-going DJ gigs, spinning deep house on the 1210s. Moving to banking in London’s City district took me to a Japanese bank, where I learned how hierarchy and an abundance of caution can slow progress to a snail’s pace. Looking for something more upbeat, I shifted to electronic broking, where high speed was the underlying principle behind many decisions. By then, I was running a global engineering team and hogging the office ADSL for BitTorrent downloads (Sickbeard, I owe you!). A couple of acquisitions and promotions later, I was shipping a $5 million platform for the world’s largest interdealer broker, where for the first time UX was in the driving seat. Excellent UX is now, rightly, baked into every builder’s psyche. This platform ended up being quite successful. Then blockchain came into my life. What started as an interest became an obsession. Having worked with many expensive, centralised, mission-critical backend systems, blockchains felt like a perfectly logical evolutionary step forward. The deeper I got into the business, the more I realised blockchains are not only logical, they’re crucial for globally connected businesses to remain profitable. Swallowing the BTC pill in 2016 (wish I’d swallowed more) sealed the deal, and I knew my future would be at the cutting edge of web3. Some boxes ticked so far: build an enterprise-grade blockchain, form a DAO, launch a web3 startup, do something totally new (I’m helping UK lawmakers navigate digital assets), successfully overwinter at least 2 honey bee colonies (that's not a web3 thing). This list will keep growing. Feel free to follow along, join the conversation, or just lurk silently and pretend you know what I’m talking about. Either way, glad you’re here.
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Gavin Thomas (🔟/🔟) retweetledi
TEN (🔟/🔟)
TEN (🔟/🔟)@tenprotocol·
" 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" We've said this years for years - L2s should not be just for scaling
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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Gavin Thomas (🔟/🔟)
Gavin Thomas (🔟/🔟)@Gavin_Chain·
Witnessing the Internet evolve throughout a 25 year career, where I have more often than not been deeply embedded in the technology, as a consumer I've been increasingly uncomfortable with the ruthlessly efficient data harvesting. In this opinion piece I describe an alternative Internet. crypto.news/the-next-inter…
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Gavin Thomas (🔟/🔟) retweetledi
TEN (🔟/🔟)
TEN (🔟/🔟)@tenprotocol·
Privacy on Ethereum shouldn’t mean opaque black boxes. With compute in confidence, TEN lets builders decide what’s public and what stays private - while preserving Ethereum security and settlement. Read the @CryptoSlate's interview with @0xCais 👇 cryptoslate.com/ten-protocol-r…
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Gavin Thomas (🔟/🔟) retweetledi
Blockhead
Blockhead@blockhead_co·
🎙️ New Episode: Blockcast 82 ➤ Decentralization & Privacy: Featuring @tenprotocol co-founder Cais Manai @0xCais with host @taka_shibayama , discussing ... ➤His crypto journey, blockchain privacy evolution, and why Ethereum L2 programmable privacy is key for global finance.
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Gavin Thomas (🔟/🔟)
Gavin Thomas (🔟/🔟)@Gavin_Chain·
I want to speak directly to everyone following today’s events. It’s been an extremely difficult 2 days, both personally and professionally. I’ve spent the last 5 years building TEN because I genuinely believe Ethereum needs encryption - and that belief hasn’t changed. I know today’s communication about TEN wasn’t as clear as it should have been, and I understand the frustration and uncertainty that created. So let me state this plainly: the mission remains. We are committed to bringing privacy to Ethereum, and the team is still here. No one on the TEN team has sold tokens. I’m sharing the screenshot and link below mentioned during the call for full transparency because trust matters - especially now. This moment is challenging, and it’s not what any of us hoped for at this stage. But it doesn’t change the work ahead or the vision that started this. We’re here, we’re accountable, and we’re continuing to build. Thank you for holding us to a high standard - we intend to meet it. #readProxyContract" target="_blank" rel="nofollow noopener">etherscan.io/token/0xea9bb5…
Gavin Thomas (🔟/🔟) tweet media
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Gavin Thomas (🔟/🔟)
Gavin Thomas (🔟/🔟)@Gavin_Chain·
@navlld @tenprotocol Right now we are dealing with the immediate challenges, but yes, considering the contributions of long term community advocates is crucial. I cannot say right now what that looks like.
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Navy
Navy@navlld·
I appreciate you owning up to the communication issues. I've been a strong, active supporter of TEN on Twitter, consistently posting and engaging to help build community excitement. Given my level of effort and commitment, I'm genuinely disappointed with the outcome of my individual airdrop. I hope the team will consider the contributions of long-term community advocates as you move forward. We're here for the long haul, but it's hard to feel valued right now.
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TEN (🔟/🔟)
TEN (🔟/🔟)@tenprotocol·
Yesterday was Day 1 for TEN. We made mistakes, and we owe you an apology. We’re here for the long haul, and it’s important we start by owning where we fell short. We made serious mistakes around communication during TEN's token launch. That's on us. Here's what went wrong We changed the airdrop claiming process too late, and we did not communicate the claim gas fees clearly in advance. We were hesitant and reactive when we should have been proactive and present. We created uncertainty at the exact moment when clarity mattered most. We didn’t communicate what was happening, when to expect progress, or why certain decisions were made. Even when the team was working, the silence came across as indifference, and that’s on us. We should have anticipated that and done better. We hear your frustration and anger. And we accept the criticism. Regardless of our intentions, the impact was real. Some of you questioned our integrity, and that is a serious failure which we take responsibility for. Today is not something we're trying to bury or "move past." We are taking it seriously and will address it openly. We also know words alone won't fix this. What matters now is what we do next. What happens next With immediate effect, we are improving how we communicate with you, starting with a livestream tomorrow at 2 pm UTC to walk through what happened, answer questions directly, and listen. Over the next weeks: FUSE goes live. Between now and then, we will explain more carefully what FUSE is, what it means for you, and why it matters for TEN and for the industry in general. TEN will continue to prepare for mainnet and work with our dApp partners, ready for launch. We will provide weekly updates on progress and how it aligns to the published roadmap (roadmap.ten.xyz) And especially in the days ahead, you'll see real actions being taken by the team to address all of these concerns and bring more stability across the ecosystem. What hasn't changed Our vision. We remain committed to building privacy for Ethereum, where builders can deploy products that were previously impossible. $TEN token launch is step one. The protocol and the technology are being prepared for launch to deliver the vision. The hardest and most meaningful work is still ahead. One final point we want to make absolutely clear: The entire team and all investors remain 100% vested and fully locked. No one has sold a single token, or is looking for an exit. We are here for the long game, and our incentives are aligned with the success of the protocol. This day was extremely difficult. But thank you to those who called us out and to those still standing with us. We value your support more than we can express, and we're more committed than ever. Thank you for holding us to a higher standard. We intend to meet it. Gavin, Cais, and Tudor (TEN’s co-founders)
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Gavin Thomas (🔟/🔟)
Gavin Thomas (🔟/🔟)@Gavin_Chain·
In a few hours TEN will exist. Launching any product is daunting and takes a huge amount of effort particularly in the last mile. And the TEN community did it! TEN is not here to scale transactions. TEN is here to unlock applications that couldn't exist. Now it starts.
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