
Crypto Lawyer
4.2K posts

Crypto Lawyer
@SweCryptoLawyer
Web3 lawyer, not your lawyer.





The woman who sued Bank of America over Epstein is of Russian origin. She says BofA enabled Epstein to traffic and control her life from 2011 to 2019. The bank settled for $72.5 million. No banker has been charged. Reuters confirmed.


@_TomHoward Agreed x2, but in terms of mass adoption, i think this is important to remember. ppl want someone to fucking blame for their mistakes.




I agree that our personal core values are at odds. I don't view Wall Street as the enemy, you do. I respect that you are intellectually honest in calling that out explicitly. All others claim they're cypherpunk while also courting Wall Street. Canton is not cypherpunk. But it is decentralized, it is BFT, it doesn't require trust in any centralized institution (although most individual apps on Canton do, just as most individual apps on Ethereum do). Canton doesn't have a single chain of blocks, so I accept criticism from anyone who takes the computer science definition of blockchain. But it does have the trust properties of a blockchain, achieved through different cryptographic primitives, so it matches a reasonable person's expectation of what a blockchain is. I accept your defenition of "federated API network" if you add "with self-soverign ownership of data and BFT verification of all state and transitions". I'm not firing shots at zk tech because I prefer centralized encryption. I'm educating on the specific reasons that we moved away from zk tech, and because I think many in this space are introducing irresponsible systemic risk. I hope this education will help improve the industry. I expect we will be using ZKP in the future and I want people to focus on the right problems. And yes, of course it also serves my interest and isn't out of pure altruism.
















