Phoenix

Did you know that the current @StargateFinance bridge is secured by just two centralized entities? Specifically, the Stargate team and the Nethermind team They call these entities “Decentralized Verifier Networks (DVNs)” but they’re just centralized companies Fascinating

@dcinvestor Hopefully, we’ll see more people getting back to the roots of what crypto was meant to be: innovation, transparency, and pushing decentralization forward.

there used to be an unwritten code in crypto that if you get rich off of it, you do what you can to help the cause of decentralization in your own way now it's mostly just becoming a super cringe influencer, monetizing your audience and extracting max money from them to become even more wealthy with little work and often no real skills until you probably end up in jail for doing something illegal or lose an influencer fight or something, idk man

@dabit3 Eth's versatility and infrastructure really set it apart. The fact that it's years ahead in rollup innovation and supports so many VMs shows how adaptable it is. Plus, the liquidity and developer ecosystem are massive advantages that’ll be hard for other chains to compete with

Ethereum • Supports EVM, SVM, MoveVM, etc.. via rollups • Has multiple high throughput chains launching in next few months (with 0 vote transactions in benchmarks) • Is years ahead in rollup innovation • Can already be leveraged to build literally any decentralized service via restaking • Has the most liquidity by wide margin • Has the largest variety of supporting infrastructure by wide margin • EVM has best tooling and has the most developers by at least an order of magnitude over anything else • Has the most diversity of successful applications, especially non-financial like @farcaster_xyz & @LensProtocol Never been a better time to be building in the Ethereum ecosystem.

@CoinDesk @bitwise Sounds like a reasonable expectation

.@bitwise says the Ethereum network is like the $MSFT of blockchains, and $ETH underperformance may reverse into year-end. trib.al/WcDkwwf

What happened to $ARB ? I see ppl swapping arb to $ZK In fact, sooner you realise that ZK is the Endgame better for you #ZKstrong

It's time for us to realize - we are too great of a movement to limit ourselves to small wins. Gm ☕️

I’ve spent over a year going to all sorts of conferences while being a Dev Rel and it’s not even close, Breakpoint is without a doubt the best conference in all of crypto. Feeling grateful to have been born in web3 with Solana. More reflections to come on my long journey home.

Today’s workshop with @HAPPYS1NGH, organized by @web3afrika was apt! We wrote a smart contract in @rustlang on @EthereumRemix, compiled and deploy with @arbitrum Stylus, then created a @telegram bot to interact with the created smart contract. Can’t wait for tomorrow’s workshop

DeFi is not just whale DeFi The DeFi user that wants to trade $15 of value is priced out on L1 but can comfortably trade on L2 L2s are more inclusive and make DeFi accessible to everyone

September feels like it will exorcise some remaining demons in crypto Either way I'm not missing the main event that comes after

Vitalik personally holds $600 million in Ethereum

If you think the market is bullish And ESPECIALLY if you were late to the altcoin runs earlier this year This current low point is your ultimate opportunity to load up There are so many OBVIOUS winners that will print next up season This is truly where R meats R

@blknoiz06 I haven't sold and kept the proceeds since 2018. All sales have been to support various projects that I think are valuable, either within the ethereum ecosystem or broader charity (eg. biomedical R&D)

This is a good post to poke through if you want more details on "the kinds of things that EF spends money on" (at least as far as grants go; internal teams obviously look different) $8.4m allocated to grants in Q2

@VitalikButerin @0xstark @NomicFoundation @TheDRC_ @l2beat @0xPARC Curious what the 'new institutions' category (Majority of the pie) constitute?

Updates from @0xstark on EF spending. The key info is in this chart. The "new institutions" category basically means @NomicFoundation, @TheDRC_ , @l2beat, @0xPARC etc - no World Economic Forum insect protein research here! More info has been and will be published; see thread.

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