Greybeard

55 posts

Greybeard

Greybeard

@GreybeardXFT

Protocol Developer @OffshiftXFT. Pioneering private synthetics on Ethereum.

0x0 Katılım Ağustos 2023
53 Takip Edilen172 Takipçiler
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Greybeard
Greybeard@GreybeardXFT·
Privacy is a human right.
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Greybeard
Greybeard@GreybeardXFT·
@hdevalence @BlockEnthusiast ZK proving ofc We do this for sequencing. Builder sponsors new wallet -> prover rolls up private txs and adds their own, taking fees -> posts transition
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henry 🌘
henry 🌘@hdevalence·
@BlockEnthusiast yes, exactly, what kind of actions don’t need to incur an economic cost or alternatively, what kind of actions can generate their own fee payments internally (cf the way bitcoin txs can generate the tx fee as outputs)
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henry 🌘
henry 🌘@hdevalence·
protocol designers should figure out ways to enable gasless transactions note: a gasless tx is crucially distinct from a tx for which someone else pays gas on its behalf
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Greybeard
Greybeard@GreybeardXFT·
@VitalikButerin Any person can anonymously publish our protocol txs to L1 from a fresh wallet without needing ETH (using builder sponsorships)
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Greybeard
Greybeard@GreybeardXFT·
@VitalikButerin We are a dapp rollup, but we are stage 2 pending Noir Lang being audited. We wrote our protocol to be permissionlessly sequenced out of the box.
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vitalik.eth
vitalik.eth@VitalikButerin·
I take this seriously. Starting next year, I plan to only publicly mention (in blogs, talks, etc) L2s that are stage 1+, with *maybe a short grace period* for new genuinely interesting projects. It doesn't matter if I invested, or if you're my friend; stage 1 or bust. Multiple ZK-rollup teams have told me they're on track to be stage 1 by year end. I'm excited to see that happen! Of course we should not throw away training wheels become we're actually confident that the proof systems are secure; that would be irresponsible. But stage 1 (75% threshold on council to override the proof system, 26%+ of council must be outside the rollup team) is a very reasonable moderate milestone. The multisigs I'm in have not had a single liveness failure in years, let alone 26%. The era of rollups being glorified multisigs is coming to an end. The era of cryptographic trust is upon us.
vitalik.eth tweet media
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Greybeard
Greybeard@GreybeardXFT·
If your favorite application or protocol has scaling needs and isn't using zk to enable it to be fully permissionless, it's because they're still running on "Just Trust Me Bro" technology.
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Greybeard
Greybeard@GreybeardXFT·
@Timccopeland We shipped a dapp rollup with a fully permissionless sequencer
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Tim Copeland
Tim Copeland@Timccopeland·
Who's actually shipping this cycle? Name one project only
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Greybeard retweetledi
Offshift
Offshift@OffshiftXFT·
What's #TVO? Offshift Momiji launched 2 weeks ago, and it's different than the #DeFi protocols you're used to. In fact, a few years ago we coined the term #PriFi to better describe it. Momiji allows users to 𝘚𝘩𝘪𝘧𝘵 $XFT into completely private #zkAssets on #ETH L1 🧵
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Greybeard
Greybeard@GreybeardXFT·
Slow and steady the ship finally sets out to sea.
Offshift@OffshiftXFT

Offshift #Momiji has been live for < 48h👀 📊Some stats: - 10 batches published - 50k+ $XFT burned - 50k+ $zkXFT created What's $zkXFT? > A completely private version of $XFT on Ethereum L1 🔜 What's next? > Completely private $zkXFT transfers between #ETH wallets Join us👇 t.me/OffshiftXFT

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Greybeard retweetledi
Offshift
Offshift@OffshiftXFT·
Four years to the day after the Offshift project was launched, with our core principles of privacy, decentralization and censorship resistance still intact - We present Offshift Momiji. Confidential assets on Ethereum L1 are now live. v2.offshift.io
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scoopy trooples
scoopy trooples@scupytrooples·
What crypto projects do you think best exemplify the ideals of decentralization, openness, permissionlessness, neutrality, and personal empowerment? let’s shine the spotlight on projects that personify our core values.
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Greybeard
Greybeard@GreybeardXFT·
Soon ™️
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Greybeard
Greybeard@GreybeardXFT·
We're in the final stretch of our development cycle, and we're really excited to share the result of our work once we're feature complete. Join us on Telegram: t.me/OffshiftXFT If you're interested in becoming a prover/publisher when we go live: t.me/OffshiftProvers
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Greybeard
Greybeard@GreybeardXFT·
So what's the end result? Publishers can accept private fee payments, prove batches, and submit it from a fresh wallet without ever revealing who they are on-chain! Other than the block builder and deposits/withdrawals, everyone stays completely anonymous and fully private.
Greybeard tweet media
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Greybeard
Greybeard@GreybeardXFT·
Offshift v2 Momiji Feature Preview: Anonymous, gasless publishing. Let's talk about block.coinbase.transfer, which pays to the builder (or validator) who submitted the current block. If you're at all familiar with PBS, you can already guess where this is going.
Greybeard tweet media
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