James.eth 🔥_🔥
8.2K posts

James.eth 🔥_🔥
@blockchainjames
DAOs will eat the world and tokens are value magic 🔥_🔥


Today we're launching EthSystems. We build confidential systems for institutional Ethereum. Institutions want to use Ethereum, but one of the biggest problems is the lack of built-in, modular privacy tools. We were the Ethereum Foundation's Institutional Privacy Task Force (IPTF) for the past year. We had hundreds of conversations with central banks, regulators, tier-one banks, and asset managers, shipping open source work the whole time. Wall Street has found crypto as an asset class, but not yet as commercial infrastructure. Institutions want to run real flows on Ethereum: stablecoins, tokenized assets, settlement. These are businesses with billions of dollars on the line, and no bank will operate in full public view. On a public ledger, confidentiality is the hard part: each party to a transaction should see what it has a right to see, and nothing more. We have a year of proof of work: private bonds, confidential stablecoin transfers, private settlement across chains, the Ethereum Privacy Map, and more. All with protocol specs and security properties, at our website. We've spent a decade working on privacy in crypto. We know there's no silver bullet. Different use cases need different systems, each designed, specified, and hardened properly, and someone has to do that work. That's why EthSystems exists. We're an independent, for-profit company, backed by long-term Ethereum-aligned investors. This is a decade-long transition, and we aren't going anywhere. If you're an institution that wants to build on Ethereum, talk to us. We're hiring: BD in New York, protocol engineers, ops: join@ethsystems.org


The most recognizable jacket in technology is now @Sothebys in a charity auction. A black leather jacket signed and donated by Jensen Huang. Bidding is open. Our @LongJourneyVC story of how this came to be 👇. All proceeds fund @JoinEdgeCity grants and fellowships to resource young builders chasing their higher purpose.

The $FOLD auction is live. Eligible participants can now bid through the official Uniswap CCA interface. The auction closes Friday, July 10 @ 10am ET / 14:00 UTC. Official link below.







1/ we found a bug in the Aptos Move VM that put up to $70B at systemic risk. type confusion at the execution layer. a ~90% success rate across hundreds of simulated runs on a 30+ validator cluster. cost to build the attack infrastructure: $3,000. Conducted by @kemmio , to our knowledge this is the first public research that showcases how to land a sophisticated multi-block attack in real-world environments. It includes mempool feng shui, block production specifics and about a dozen of other primitives and tricks chained to get to near-perfect exploitation results. Nonetheless, Aptos called it "extremely low exploitability." [hexens.io/research/aptos…]















