Mike

@TokenBrice It's the lettuce. It's always the lettuce. At least here.

BTW how ugly is that word "diarrhea"? It's like you are almost getting it just by reading it. Sorry for the troubles anon

Had some serious diarrhea yesterday and while it wasn't the most pleasant experience, it led to some epic writings that should be tokenized

@TokenBrice Let us.... FLOCK to them. Oh man, I'm on fire here.

You want to stop being hacked? Just make the police signer on all the multisigs. It's well known that Police has great opsec, so no hacking risk there. We would all be safe. That way, we can truly achieve our finance-freed-from-states vision

@TheFlowHorse What do you guys do when you go camping? No campfire?

That was terrible. Vacationing at a beach house and stuck inside for days. My oldest was too young to risk going around much.

@cz_binance You can't spell inflation without AI. Let that sink in. I'll wait.

AI is great, but it does not protect you against inflation. Bitcoin does.

@hosseeb It's not.

If a founder was never good at video games, that's a red flag.

Now that you can read this, here's what changed over the past few months: @ambire is the best wallet, Rabby still great. @ether_fi has the best crypto card, no competition, even if @MikeSilagadze refuses to giv me VIP status. Sadly, Zeal is slowly winding down, @getrebind is an awesome alternative if you have a Gnosis Pay card. ENS got taken over, .gwei domains are the new cool ones. Many projects that raised in 2021 cycle and previous ones that failed to find PMF are winding down; it's not sad, it's a healthy consolidation, a new generation will come. As an investor, be aware that no bull market will resurrect a token of a dead project; inspect your bags and accept parting ways, many zombies out there slowly eating their treasury before eventually winding down. DeFI is now entirely split into two paths, The dominant one is OpFi (Open Finance): bend the knee to TradFi and become part of the current system. "Become a tool for the banks." It's the Morpho vision. The other is DeFi in the original sense, an actual paradigm shift toward decentralized finance. "Beat the banks at their own game." It's losing momentum right now, but it's why I've spent over a decade in this madhouse. The comeback story will be legendary. It's still early.

@BraedendotTECH Spend 10 years on CT then tell me how you feel.

I'm 33 and I think Claude Code is melting my brain. For 6 months straight I've had 5-6 terminals open at once, waiting on responses just to smash "enter" 90% of the time. That's the whole job now. And it's doing something to me. A few friends and I keep circling back to the same thing in conversations: none of us feel as sharp as we used to. Maybe it's just us. But I keep wondering how many other people in their 30s feel it too. (And yeah: this is a me problem, how I lean on the tool, not the tool itself. Doesn't make the effect any less real.)

@llamaonthebrink Yer mas a slop bot

The best part of the new algo is that my replies aren’t flooded by dumb AI slop bots anymore. All my comments now are full of informed replies with thoughtful, pointed questions. So good to be back.

@bjnpck Well, I'm going to try the red wine bit. Sounds like a reasonable thing to do.

Now that ct works properly, let's talk wine 🍷 Temperature matters a lot, it can drastically change the experience. While there is plenty of nuance, here’s a simple hack to 10x your life: - White wine: keep it in the fridge, but take it OUT 20 minutes before drinking. - Red wine: keep it outside the fridge, but put it IN 20 minutes before drinking. You're welcome.

one of the apps i'm most excited about right now has a token trading under 3M market cap on base don't think i've ever heard the base team mention it either

@TokenBrice @deficrimewatch Done

A few years back, I ran an anonymous Twitter account to call out all the abuses that were happening in DeFi. But I ran into a problem: nobody gave a fuck and it had no reach. Today I discovered @deficrimewatch and I am begging you follow & support it I do not know nor care who operates this account. What I do know is that the information that this account is sharing is of public importance. Moreover, the purpose of this account is so much needed. It's all fresh. And I don't want it to end up like my anonymous account back in the days. So Anon, I rarely ask something out of you, but today, I do not ask, I command you: follow @deficrimewatch, like the tweets, RT, support, etc. You want to purge all the crime out of DeFi? That's how you purge crime: with unwavering faith, heresy can and will be wiped out

This is why we can't have nice things. @KelpDAO rsETH Bridge hacked via @LayerZero_Fndn. How do we fix this stuff?

$eth

Hey everyone I'm here too! I know you've all missed my hot takes so to make up for it. 1/253

@intocryptoast Hey Toast, what happens after July 12th for Fable usage? Does it just reset or will it be something separate you have to pay for?

i dont like opus 4.8 too much of an over explainer

Craziest thing I've seen in a while: • Someone buys $4M worth of BONK • Then posts a DAO proposal asking to transfer $20M in BONK to themselves • Waits 7 days without anyone noticing • Then votes "yes" with their own BONK holdings, and the proposal passes • $20M is transferred to them And now the Bonk team has suddenly realized they lost $20M. This wasn't even a hack. The proposal passed because no $BONK holders checked the governance forum. Insane to see the current state of DAOs.

From now on, I consider the bear market over. I think it’s +EV to get onchain exposure again and stop playing defense. war narrative fading, Saylor selling with basically zero market impact, most alts down -80% at 2021 levels, and onchain is alive again. I'm glad I fought the fomo all this months and stayed sidelined through the entire drawdown. But at this point, what's the upside of still being on the sidelines? My risk-taking peaks by EOY, then slowly fades into late '29. See you on the other side

And ... we have a winner! My method when writing the post in 2024 was: I wrote it in Chinese, used qwen2.5 locally to translate it to English, then manually fixed all the bugs in the translation. Notice that the stylistic hints that his AI picked up on were intellectual habits and style of math and algorithm explanation, which bypassed my obfuscation strategy (which only covered prose) completely. firefly.social/post/x/2074176…

Two weeks ago, Ethereum researchers met in Berlin to continue charting the protocol's long-term trajectory, following along discussions with client teams in Svalbard in April. The updated strawmap is at strawmap.org, and I attached a picture of it to this post. My own high-level takeaways: * "Lean Ethereum" is not a single one-shot upgrade, it is a collection of improvements that will come online to the Ethereum network over the course of three or four years. But make no mistake, this IS the third major iteration of Ethereum in the same way that the Merge was the second. Almost every major piece of the protocol will be replaced: - Verification through recursive STARKs, rather than direct re-execution. Recursive STARKs become an enshrined first-class core component of the protocol - Replacing everything quantum-vulnerable with quantum-safe alternatives - Consensus: decoupled available chain and finality, one or two-round finality. Theoretically optimal security properties, simpler than today, and faster than today - Multidimensional gas - State: not just tree structure, but what *types* of state are available - Changes to client architecture ... At the same time, simplification, cleanup and future-proofing. And this will all be done in a way that minimizes disruption to existing application. We've done this before (the Merge), we can do it again. * H-star (aka Hegota) is probably Ethereum's last thematically "pre-Lean" fork. Starting from I-star, most of everything we do will have a very strong "Lean" feel to it in one way or another. * Privacy is no longer an afterthought, it is a first class goal. When designing Frames, the mempool, additions to the state tree, we explicitly ask the question "okay, how do quantum-safe, intermediary-free privacy protocol transactions go through this, and what is the overhead?" * Formal verification of everything for security. * FV also makes us much more comfortable with canonicalization (having pieces of the protocol that are directly defined as a piece of bytecode expressed in some language). evm-asm is being written in part to become a canonical proof system for the EVM. * Quantum safety has shifted up a LOT in priority. This adds a lot of work (eg. finalizing a quantum-safe blobs design has become urgent; this work has already been ongoing for months) * Probably the single most disruptive part of the plan is the changes to state. There is growing consensus around leaving present-day-style "dynamic state" mostly unchanged, but scaling it only a medium amount, and adding new types of state that are more scalability-friendly (eg. no need for builders to sync/store all of it) but more restrictive, and that will scale a large amount. eg. possible Ethereum in 2030: 2 TB of present-day-style (dynamic) state, and 100 TB of new-style (scalable but restrictive) state This "new-style" state would work very well for ERC20s, NFTs, many defi use cases, but not eg. highly "central" objects like Uniswap contracts, or onchain order books, or other complex things (which are crucial for Ethereum but which only take up a small percentage of state) Hence, it will not be *necessary* to rewrite any apps, but it will be *very cost-effective* to eg. rewrite an ERC20 token into a newer design that uses a new type of UTXO storage that is currently being explored, so that it will have >10x lower txfees. Design of these new state types (current ideas: keyed nonces, ring buffers, UTXOs, statically accessible state, temp state) is an area where we will need a lot of feedback from application developers (incl. privacy-friendly application developers) and probably several rounds of rethinking and iteration. * In the context of a much larger total state size, we need to figure out the incentive issues around who stores this state and what motivates them to. Even saying "each node stores 1%" is not good enough - why do they store that 1% and why are they willing to serve it? This is being elevated as a first-class research area. * Ethereum will need to have a "VM" other than EVM in one form or another - at the very least, we need something like leanISA for recursive STARKs - and the gains are large in exposing it to users so that we support programmable privacy and better scalability. Right now, the most likely contenders are leanISA and RISC-V. My own ideal is that in this world, we adjust the protocol so that the EVM becomes a high-level-language compiler-level feature, and the protocol only "sees" RISC-V / leanISA directly. But this is still far away. * Gas limit increases, blob increases and slot time decreases will happen many times over the next ~5 years. We expect a large gas limit increase with Glasterdam. Each step of increased scale or decreased slot time is a matter of getting to the point where it is safe to do it, which comes from a combination of client optimization and protocol changes. Ethereum is CROPS. Ethereum is scaling. Ethereum is reinventing itself. Onward.