azeem

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azeem

azeem

@azeemk

Cofounder @0xMiden l Contributor @ForbesCrypto

Katılım Kasım 2009
1.8K Takip Edilen30.7K Takipçiler
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azeem
azeem@azeemk·
The news is out! Couldn't be more excited to announce that I'm back in the ring as a builder. Coming on as a co-founder to @0xMiden with our $25M seed fundraise being co-led by @a16zcrypto , @1kxnetwork , and @hack_vc . I spoke to what must have been over a 100 projects in the past few months, but nothing came close to being nearly as exciting as what this team is building. My co-founder @bobbinth is genuinely the most impressive person I've met in Web3 in the 13 years I've spent in this space. And this is no exaggeration. Brilliant, humble, and hustles like no other. Vitalik brought him into Web3 and got him working at the EF years ago on zk, then he went to Meta where he led the zk team, and is a Polygon cofounder as well. When I say the most impressive, I mean it. Privacy, scalability, and decentralization, with the ability to offer compliance. That's what separates Miden from just another blockchain. And we're going to be bringing institutions on chain with this. If you're a builder in this space, I'd love to hear from you. My DMs are open.
Miden@0xMiden

@0xPolygon Our seed round was co-led by @a16zcrypto, @1kxnetwork, and @hack_vc.

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Para ✴️
Para ✴️@get_para·
1/ Announcing Transaction Permissions ✴️ We brought the best of modern authentication to onchain approvals Cryptographically scoped to an app, customizable, and built for real fintechs and apps In partnership with @eco and @aave
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azeem
azeem@azeemk·
@austincampbell The L1 wars haven't been won yet is most likely and Facebook equivalent is still coming.
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Austin Campbell
Austin Campbell@austincampbell·
I agree with the first part, but the idea that Ethereum is the only layer where it's possible to do things differently or that it's currently suitable for this kind of activity leads to inertia. What if ETH is just Myspace (sorry Tom) and Facebook is still coming?
ALEX | ZK@gluk64

The Cari announcement sparked a debate about institutional blockchain infrastructure. Much of it focuses on technical architecture. But first, consider the business case of proprietary vs. open standard. Governance of proprietary networks like Canton or Tempo is going to be controlled by a small group with disproportionate voting weight. It's "permissionless", but to join you have to submit a Google Form with opaque admission criteria. It's unclear who decides. Over time, the most influential participants will set the terms of access and pricing. If you're a bank evaluating this today, you recognize the pattern from SWIFT and Visa: early incumbents locking in structural advantages while late joiners absorb the cost. This is what we hear from banks. Everyone wants to build their own SWIFT-killer. Nobody wants join someone else's SWIFT-killer. Ethereum is the only settlement layer where that dynamic can't take hold, because no single entity can capture it. It's the only place where every participant can permanently trust that no future coalition will rewrite the rules against them. That's what makes Ethereum the only game-theoretical equilibrium as a global settlement layer for institutional finance that works long term.

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philipp
philipp@phil10013·
this is the agentic coding tool that turns AI agents into @0xMiden smart contract developers. agents have zero knowledge about Miden by default. this tool changes that. here's how it works 🧵
philipp@phil10013

I built an AI dev toolkit for @0xMiden. gave it to 11 people, most with zero Miden experience. what they shipped in ONE DAY: → sealed-bid auctions with private bids → corporate wallets with cryptographic spending caps → time-locked capsules where nobody sees inside until unlock → oracle pools, on-chain games, battleship the agent wrote the contracts. the agent wrote the tests. the agent wrote the frontend. they just said what to build. building on Miden just went from weeks → hours.

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azeem
azeem@azeemk·
@CamiRusso Longer answer, likely many more coming too. Though this is a great tldr for the current two.
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Camila Russo
Camila Russo@CamiRusso·
Two protocols are racing to become the internet's payments layer: x402 backed by Coinbase Machine Payments Protocol (MPP) launched today by Stripe and Tempo. How are they different? Short answer: x402 is more permissionless. MPP is more payments-optimized. Long answer: Assets - MPP accepts stablecoins on Tempo, plus fiat - x402 accepts all ERC20s, but no fiat. Scale - MPP's sessions primitive lets agents authenticate once, set a spending limit, and settle later, batching payments across many interactions. Better for agent scale. - x402 is still largely per-request, although it’s moving toward prepaid flows Settlement - MPP requires Tempo and Stripe. - x402 permissionless, chain agnostic What's better? imo, if MPP settled on any chain, it would be a clear winner. But it doesn't. And that's a huge drawback esp since it's unclear how decentralized and permissionless Tempo actually is.
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azeem
azeem@azeemk·
@binji_x I feel like that’s actually well understood though. They run in creating stories that make people share. It’s only crypto media that warped the entirety of media to be a pay to play in its entirety.
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binji
binji@binji_x·
funny how people don’t understand that the real winner of the vanity fair crypto article is …. vanity fair their entire business runs on engagement ??? like yeah they cooked
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azeem
azeem@azeemk·
@rawgroundbeef Until the next company launches their own version. And a million deaths will occur.
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azeem
azeem@azeemk·
@IgMosqueira @VitalikButerin To be fair though, those kids playing in the sandbox created hundreds of billions of dollars in value that now everyone is trying to replicate. Have to put some respect on that.
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Ig Mos
Ig Mos@IgMosqueira·
The point folks have a really hard time grasping is that the entire @VitalikButerin cypherpunk ethos was kids playing in the sandbox thinking they are running the universe. x.com/lucidzk/status…
lucid.@lucidzk

so you see tempo launched a “permissionless” mainnet that’s actually a soft-permissioned validator set but like it’s framed as a payments-maximalist design constraint so it’s fine. and there’s this new thing called machine payments protocol which is basically agents paying agents but only after the humans in the loop say it’s okay. and technically anyone can build but not everyone can validate so it’s like permissionless frontage with curated consensus vibes. and there’s a whole camp saying this is the pragmatic turn for payments infra, optimized for UX, compliance, throughput, whatever it takes, while another camp is like wait this is literally how you re-invent banking rails with extra steps. and somehow both sides are calling it cypherpunk. and the funniest part is everyone agrees “money should be neutral” but we’re still debating who gets to run the nodes that move it. so now we have this dual-state chain where it’s permissionless if you’re building, permissioned if you’re securing, and aspirationally decentralized in the roadmap. and you can feel the subtext: payments first, decentralization later. maybe. money?

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Mark Beylin
Mark Beylin@Beylin·
Building a chain that allows MEV is the same as running a bar with pickpocket regulars
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IPTF
IPTF@iptf_updates·
PRIVATE LOGIC ON PUBLIC RAILS We built a DIY validium where the business logic is ordinary Rust, proved in zero knowledge, and verified on Ethereum Simple idea: write the rule, prove it, verify it on-chain iptf.ethereum.org/diy-validium/
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azeem
azeem@azeemk·
@oddhash Loved the last two. I'm sure this one will be excellent as well.
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aadharsh
aadharsh@oddhash·
Crypto's privacy tech today is like locks from the 18th century, where very locksmith was competing to make the most elaborate design possible. We need a standard pin-tumbler that anybody can use or repair. A Universal Cryptographic Protocol (UCP).
Archetype@archetypevc

x.com/i/article/2034…

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philipp
philipp@phil10013·
building on @0xMiden before vs after agentic tooling: BEFORE → read docs, tutorials, study architecture for days → manually piece together SDK patterns from examples → steep learning curve before writing your first contract ⏱️ weeks to get productive AFTER → agent as main coding engine, you set the requirements → instant feedback loops catch errors on every edit → 11 people shipped working contracts in a single day ⏱️ prototype in hours, ship in weeks
philipp tweet media
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azeem
azeem@azeemk·
@donnoh_eth Have they said anything about plans for future decentralization? I haven't looked into it at all.
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azeem
azeem@azeemk·
Definitely was worth watching. It felt like Mason was saying the consumer doesn't care about decentralization, whereas you were going deeper on the needs for the existence of it. In that way, I'd say I agree more with you in that the consumer doesn't know why they should care about decentralization, but it is more important to them than they realize.
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Haseeb ＞|＜
Haseeb ＞|＜@hosseeb·
The line "decentralization doesn't matter" is getting repeated more and more these days. I recently broke out into debate on-stage with @masonnystrom about why decentralization was essential to prediction markets existing at all. It got heated. Worth the 5 minutes:
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azeem
azeem@azeemk·
@lex_node Yeahh I've been thinking about exactly this.
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_gabrielShapir0
_gabrielShapir0@lex_node·
people mad that they didn't use x402 but this will be the fate of all these 'standards' the standards are either somewhat academic exercises or (even worse) built for a specific company's strategy but LARP as academic/neutral same goes for securities 'tokenization' standards
Stripe@stripe

x.com/i/article/2034…

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azeem
azeem@azeemk·
@theNFThinker For sure, the archetype I agree with. He’s more so personally a bigot I’m not a fan of.
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Chris B
Chris B@theNFThinker·
@azeemk I like the jester archetype and think it’s an important tool to root out corruption. Not a fan of the stereotyping though
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azeem
azeem@azeemk·
87% of all transactions in Kazakhstan's economy are now cashless. That's the equivalent of $391 billion moving through digital rails every year. I sat down with Binur Zhalenov, the newly appointed Deputy Governor of the National Bank of Kazakhstan, to understand how they did it. “When you improve financial infrastructure, you improve the operating system of the economy itself,” Zhalenov says. Kazakhstan invested heavily in digital public infrastructure that made the entire lifecycle of financial services fully digital. Mobile banking became the dominant channel for everyday transactions. Banks became the interface for government services. Citizens were receiving subsidies and filing taxes through the same app they used to pay for groceries. Infrastructure first. Competition second. Practical user value third. When you get that sequence right, adoption doesn't need to be forced.
azeem tweet media
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azeem
azeem@azeemk·
@theNFThinker Yeah, sacha baron cohen is a clown not just in character, but in entirety of who he is.
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azeem
azeem@azeemk·
@theNFThinker Yeah, it was honestly astonishing seeing how far ahead they are, not only in thought, but in practice as well.
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Chris B
Chris B@theNFThinker·
@azeemk Hilarious how Kazakhstan has been the butt of so many jokes yet here they are pushing the boundaries with frontier finance
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Keşfet

@eco @aave @get_para @austincampbell @0xMiden @CamiRusso @binji_x @rawgroundbeef