conalloreilly

Why would anyone ever walk away from Ethereum? Imagine staring infinity in the face and thinking it's not good enough.

@binji_x Programmable incentives > programmable money

i would add one more layer: > finance is downstream of coordination > but coordination is downstream of trust > crypto organizes, economically backs, and adds resiliency to digital trust this becomes important as value and beings become digitally native. trustware

@_Enoch @VitalikButerin My eyes just sublimated upon seeing this.

@XRS_02 @VitalikButerin There is nothing more beautiful than the crablang.

Vyper devs continue doing impressive things. Highly encourage people (and their bots) to take another look at the language.

@_Enoch @VitalikButerin I do think archaic C code does have a nice almost-antiquated look to it, but for the vast majority of modern cases Pythonic seems more appealing.

@XRS_02 @VitalikButerin Somewhere along the way we as a society lost the whimsy and wonder associated with medieval scribes placing ornamentation in their manuscripts; RETVRN.

@_Enoch @VitalikButerin Imagine trying to understand the Ethereum specs if it was littered with {}

@VitalikButerin @XRS_02 everything pythonic gives me the ick

@VitalikButerin Curly brace Armageddon is upon us.

@XRS_02 curly braces delendae sunt indenting 万岁

@binji_x "Institutional adoption" and reserve-backed stablecoins are fundamentally anathema to the whole point of blockchains.

What’s your most contrarian take?

ethereum mainnet: consensus lender of last resort

ethereum = money × coordination²

@binji_x You Binji, you do :)

What makes you optimistic about the future?

@VitalikButerin @_Enoch @l2beat Have you written about obfuscation itself? Really cool stuff with massive implications for AA and privacy.

Also IMO all multi-round application-specific trusted setups should be orange, and universal-and-updateable trusted setups yellow; green should mean trusted setup free (I wrote up on trusted setups here: vitalik.eth.limo/general/2022/0… ; there truly is a massive difference between groth16-style and plonk-style) It feels like the right time to get stricter on this topic. I don't want to commit to total trusted setup abolitionism post-STARKs because there's some chance that trusted setups will start making sense again once obfuscation comes along, though as far as I can tell those can all be made universal-and-updateable at least in principle. But even still, we're way too comfortable with them right now and should adjust toward being less comfortable.

Silence, vibe-dashboarders! Today, L2BEAT releases the Privacy page. We visited Ethereum's privacy protocols and scrutinized their CROPS 🌽.

@peter_szilagyi Bottom middle. The DNA logo adds character.

Trying to pick which design to go with for the Ark I display stand. My favorite for now is top right, not too empty, not too busy. Opinions? 😅

@vdWijden Together we can plant the CROPS that will one day grow into an infinite garden. gm.

The Infinite Garden needs gardeners that plow the fields, weed the weeds and plant the seeds. Not everyone can water the plants or count the buds.

@ConorMcMenamin9 @Nethermind Really cool to see people working on non-financial applications

H/T to Vijon Baraku for putting this together, one of our @Nethermind PhD interns. Through Aztec's privacy L2, Vijon was able to demonstrate how to provably commit to some health data from a wearable provider, then provably perform computations on that data (e.g. heart-rate ranges while sleeping, exercising, avg step counts, peak walking hours, maybe even provable federated learning) to some interested buyer (e.g. insurance companies, governments, LLM providers) -- all without ever giving the data to the provider🤯 A powerful meld of moon-tech with a top quality intern!

@themandalore9 @satorinakamoto @DrNickA I suppose it depends on your interpretation of change. If we keep on changing the same blockchain, is it really the same blockchain (theseus's blockchain)? What if Ethereum is just a natural cultural extension of Bitcoin?

@satorinakamoto @XRS_02 @DrNickA agree. Usually ossification means the social layer will just have to move on to a new solution (e.g., Bitcoin ossified so we all moved to new Ethereum) The next question is whether this is a bad thing and which situations/timeframes it makes sense

Ossification is naturally impossible since to ossify the protocol, you require a coordinated consensus that nothing will be changed, which is the exact opposite of the desired effect of ensuring non-interactive autonomy of the protocol. The idea that you could freeze the social layer and never allow an upgrade inherently assumes there’s a well-coordinated social layer enforcing that no upgrades will occur. Really ossification is paradoxical.

@binji_x What do you think about EIP-8182 Binji?

Getting to a natively private Ethereum for payments: “Hegota” is an upcoming upgrade of the ethereum network, and it may include 4 features that change the whole game, the features are: > FOCIL: “you cannot just ignore my transaction” FOCIL gives Ethereum a stronger way to force valid transactions into blocks so If a valid transaction is seen by the network, block builders should not be able to pretend it never existed. This matters for privacy because private transactions are exactly the kind of thing some providers may want to censor, with FOCIL, they can’t. > Frame Transactions: “smart transactions” They let a transaction define its own validation and gas payment logic which matters for privacy because users should not need a trusted relayer just to make a private withdrawal or private payment. > Keyed nonces: “lots of people are using the same mailbox, let’s make it more efficient” Privacy systems usually want lots of users to transact through the same sender address for masking but the problem is that one sender normally has one nonce, so everyone can get stuck in the same line. Keyed nonces give different users different lanes, even if they are using the same shared sender. > Recent Roots: “prove against a recent record safely” Private transactions need users to be able to to say: “I am allowed to spend from this pool, but I do not want to reveal which deposit was mine.” To do that, the transaction needs to refer to a recent cryptographic record. Recent Roots would give Ethereum a safer way for these proofs to reference recent state without making public mempool validation messy or dangerous. Once enforced at the protocol level, privacy becomes a default right and not a a luxury feature. These things still need to be formally included into Hegota, and there is a lot of ongoing discussion, but it’s interesting to see how Ethereum seeks to dominate on privacy.

@DrNickA @TheBreakdownBW Yes. If protocol's could somehow internalize philosophies we wouldn't even need governance at all.

I made a similar argument recently on @TheBreakdownBW. People say that Bitcoin doesn't have any governance and that's why it's good. Wrong, Bitcoin has governance and that's why it's resistant to change. In fact, governance is one of Bitcoin's most important features.

@post_polar_ @DrNickA The circadian rhythm of governance.

@DrNickA @XRS_02 the technosocial loop. though i ascribe more importance to one of the bits