Lannister Jr 🦇🔊

@vaneck_us You'll regret supporting glorified database when it stops.

Ethereum maxis treat Solana maxis like Bitcoin maxis treat Ethereum maxis. No maxi, no cry.

@jessepollak @VitalikButerin @base But but ratio is in slow bleed forever.

I strongly support @VitalikButerin's proposal to increase blob count, combined with EIP-7623. reduces worst-case block size and adds needed capacity for fast growing L2s. the growth is exponential! the @base team is contributing to unlock this — and we're ready to do more.

@VitalikButerin @loi_luu As an immediate social solution, big L2s can start buying back eth and building a stack with muti sig? After all ethereum success is critical for all L2s right right?

A challenge with enshrining something like this in-protocol is that the L1 has no reliable way of measuring what the execution fees on the L2 actually are. It's the equivalent of a government trying to enforce sales tax by having access to the RAM of digital payment systems and nothing else - people will just escape it by doing all the calculations using `price / 1000` instead of `price`, or one of many other tricks. The one kind of tax that has both (i) value capture potential that scales with economic activity enabled, and (ii) low surveillance requirement, is Harberger tax, hence why I've suggested Harberger-inspired fee systems for ENS: vitalik.eth.limo/general/2022/0… That said, Harberger for L2s feels challenging; it goes against the goal of L2s being able to provide stability for their users and applications. I think if you want to do something like this, there are ideas much "softer" than mandating at L1 that could be explored - for example, a maximally-neutral cross-L2 proof aggregation layer, whose governance admits only L2s that remit fees to L1, could be interesting. That would be purely additive, L2s that want to stay outside it would just have to pay the full 500k gas per proof as they do today. I'm not saying this is definitely a good idea, rather that feels like the right layer at the stack to do things like what you're suggesting if we want to do it at all. And it's permissionless to build!

@VitalikButerin @0xBizonacci So someone funded ethereum and contributed so much to it not allowed to sell bit of eth and enjoy the life?

@0xBizonacci That sale from yesterday (by a bio-defense group I fund) was triggered by an automatic cowswap twap order that was set up way back on Aug 29. That was the last one.

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.

@econoar Lol. Orange dude gonna loose biggly.

@VitalikButerin @zengjiajun_eth Thank God for US government!! Otherwise we all be laser eyed zombies or mingling with some database with extra steps.😅

@zengjiajun_eth Ripple accepted me in 2 min, it was the US government visa policy that rejected me.

To be fired/rejected is often a great gift one can receive. - Vitalik got rejected by Ripple and built Ethereum. - Hayden was fired by Siemens then built Uniswap. - I was fired by Meituan then went into the (anti)censorship tech rabbit hole.

@AyaMiyagotchi And thank you for your service so far...

Ethereum will be part of the high school curriculum!! Gracias, Buenos Aires, por ser siempre la inspiración!

@AyaMiyagotchi You need to stop selling eth to fiat and pay anyone with eth. Accepting Eth should be a condition to work with EF going forward. If anyone want fiat, they should sell themselves this isn't 2017 and there are exchanges everywhere. Pls make this most important policy moving 4rd.

@RasterlyRock So no schedule maintenance? 😏 no server restarts? How can this be?

Ethereum: Money Never Sleeps

@RichVeith @dcinvestor How does it work when thier database shut-down for schedule maintenance? Asking for friend 😅

@dcinvestor Yeah this is where Sol USDC thrives but I doubt you'll admit that

credit cards typically charge business who accept them 1.5% to 3.5% of transactions this is an INSANE number when you consider an average small restaurant only makes a profit margin of 3% to 6% literally giving half of their profit to a payment processor in some cases MASSIVE opportunity for disruption

@MetaMask I member someone told us about airdrop and governance. Good bedtime stories back then.

Whose crypto journey started with MetaMask? 🧡 Raise your hand plz 🐾✋

@laurashin Some bitconers are belong to MAGA cult and got a bird brain.

Real question for Bitcoiners: Why is everyone celebrating Trump saying that all the Bitcoins should be made in the USA? Doesn’t that create jurisdictional risk and make #Bitcoin less decentralized and vulnerable to attack? Why are you applauding that? I don’t get it 🤔

@econoar He sounds like an idiot bitmaxi now. Biden better

@Ethprofit I'll give you 90% discount 😅

Would you do it for $ETH?

@3orovik Bruh TA expert😅😅

This guy shorted Bitcoin at $35k 😭

@Ethprofit Member orange man once said he hates crypto and want to get rid of it when he was in power. Although slow to act, Biden better.

I'm still not voting Democrat this election. Biden brought in Gary the Clownsler.

@econoar I member orange man once said he hates crypto. Biden better and rational.

@llamaonthebrink Those individuals get ETH from Lido head office ser. So they are just 1.

Does the picture on the right look "centralized" to any of you? (keep in mind that Lido is made up of >20 individual operators)

@AustinBarack @eigencloud People go after point scam of Eigen. They will have far less once that stops

Only 3 protocols in the top 10 have grown their TVL in the last month: 1. $PENDLE TVL up 36% 2. @eigencloud TVL up 30% 3. $ETHFI TVL up 22% And this is with $ETH price down 14% in the last month. When $ETH starts moving again they are going to shift into another gear.

@sreeramkannan @AutomataNetwork @eigencloud All is good but when point scam ends bro?

Amazing to see multi prover avs from @AutomataNetwork building on @eigencloud