James.eth 🔥_🔥

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James.eth 🔥_🔥

James.eth 🔥_🔥

@blockchainjames

DAOs will eat the world and tokens are value magic 🔥_🔥

Ethereum Katılım Mayıs 2017
2.8K Takip Edilen11.6K Takipçiler
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James.eth 🔥_🔥
James.eth 🔥_🔥@blockchainjames·
All this Ethereum / EF fud on my timeline is hilarious. Where else are you going to build? Where else can you run decentralised smart contracts? Where else isn’t a money cesspit? I swear all of you just want the same financial system we have today.
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James.eth 🔥_🔥
James.eth 🔥_🔥@blockchainjames·
@DrNickA @metaproph3t I mean I’m not sure anyone needs to be a rocket scientist to see this given the current DAO landscape lolol BUT still agree. Programmable money and communities will continue to build 🔥
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Mo@motypes·
Yesterday was my final day at the Ethereum Foundation. Today, we’re launching @eth_systems . I started my career at @GoldmanSachs , working inside the financial system. Years later, I found myself at the @ethereumfndn , working with institutions exploring how that system could evolve onchain. I’ve had hundreds of conversations with banks, asset managers, central banks and regulators around the world about what it would take to build real financial infrastructure on Ethereum. The ambition is there. But nearly every serious conversation eventually reaches the same question: how can institutions use a public network without exposing their positions, counterparties and sensitive client information? EthSystems exists to answer that question. We’re continuing the work we began through the Ethereum Foundation’s Institutional Privacy Task Force as an independent company building confidential systems for institutional Ethereum.
EthSystems@eth_systems

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

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Edge City
Edge City@JoinEdgeCity·
The founder of the world's most valuable company donated his iconic leather jacket to fund our support of early-stage builders. Jensen Huang's signed Tom Ford piece is up at Sotheby's this week, in partnership with @LongJourneyVC. Details 👇
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Mike Wang@zmwang

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.

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James.eth 🔥_🔥
James.eth 🔥_🔥@blockchainjames·
@laurashin Alright put me on this thing to talk to @kain about all of this. ENS hasn’t done poorly because of Nicks lack of control to date, he’s had full authority the whole time. These clips are just spreading hopium for something that’s obviously net negative for all of Ethereum.
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Laura Shin
Laura Shin@laurashin·
Kain Warwick's read on the ENS fight: the scary outcome for DAOs isn't failure, it's that founder control works: "The worst outcome here is power does get centralized, Nick has more control, and ENS does better. Because that's actually the nail in the coffin for DAOs." x.com/i/broadcasts/1…
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world
world@world_xyz·
update: after careful deliberation from the team in the last 24 hours world has made the decision to migrate off of solana and onto @RobinhoodCrypto chain this tactful pivot was not made lightly our sincere appreciation goes out to the solana foundation and community
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James.eth 🔥_🔥 retweetledi
_gabrielShapir0
_gabrielShapir0@lex_node·
Labs team uses DAO tokens to vote all money from the DAO to itself: yay DAOs suck anyway!!! Some random guy uses meme DAO tokens to vote all money from the DAO to himself:
GIF
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_gabrielShapir0
_gabrielShapir0@lex_node·
to the surprise of no one except those who shilled them (maybe not even them) it turns out special magic smart contract languages developed by Facebook or a stablecoin chain do not guarantee security . . .
hexens@hexens

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…]

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binji
binji@binji_x·
@Variety what if they just wanna kick it
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Variety
Variety@Variety·
Sun Valley, the so-called summer camp for billionaires, kicks off this week in Idaho, and though it’s unfair to blame the conference for all of the problems plaguing the media business, it’s not a bad place to start. The animating idea behind Sun Valley isn’t a bad one — bringing together top minds from the world of business, entertainment, politics and other fields in a free-flowing exchange of ideas can lead to unexpected collaborations and spark insights. But in practice, it feeds into a perception among the billionaire set that they know better than the rest of us about, well, everything. That intractable problems in our education, healthcare and justice systems could all be solved if they were run like Amazon or Google. variety.com/2026/biz/news/…
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James.eth 🔥_🔥
James.eth 🔥_🔥@blockchainjames·
Hahahaha well I like that we’ve taken steps. I am indeed asking you to bet on the stoner in the corner rather the meth smoke in the middle. Ya and I think if it was me vs the world you’d be right. But it’s not. There’s forks, the token is going to continue to be destroyed and service providers are dropping out. Also what is ‘still doing nothing’ 😤
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Tay 💖
Tay 💖@tayvano_·
Fine youre the weed smoker asking me to bet on you bc youre not a meth habit. Whatever. My response stands: no. You’re still a stoner, you’re still sitting in the corner, you’re still doing nothing besides comparing yourself to someone that you’ve decided is worse than you. I still see no reason to bet on you.
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James.eth 🔥_🔥
James.eth 🔥_🔥@blockchainjames·
> having apparently 0 context on ENS DAO, ENS labs accountability or output until the last 30 days of drama makes it not feel as bad. Don’t empower the downfall of ENS. I’ve watched Nick drop the ball enough and now Katherine’s by his side lying to peoples faces and refusing to engage with the community 🫡
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Tay 💖
Tay 💖@tayvano_·
@blockchainjames @avsa Passive aggressively side-insult me all you want, just makes me more certain that my read of the situation is correct. 😘
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James.eth 🔥_🔥
James.eth 🔥_🔥@blockchainjames·
Wild asf analogy. But let’s keep going; I’m like the weed smoker in the corner watching an organisation devolve into an expensive crystal meth habit they can’t break. Also in the analogy why is labs asking for $400m without accountability equitable to the entire ENS community being like pls stop this. + pretty sure u started the insulting so there.
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Tay 💖
Tay 💖@tayvano_·
Let me try one last time You are like a methhead comparing yourself to someone you think is worse than you bc you think they do heroin. You’re asking me to bet on you bc you don’t do heroin. That’s your entire pitch. And youre insulting me for not supporting you for…….wait for it…..not doing heroin. No. I will never ever bet on that mindset.
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Tay 💖
Tay 💖@tayvano_·
@avsa @blockchainjames Yeah you should. As should I. As should Nick. As should Lefteris. As should Griff. But we don’t. And we won’t. So no use dwelling on it too much.
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James.eth 🔥_🔥
James.eth 🔥_🔥@blockchainjames·
@tayvano_ @avsa Idk Tay I enjoy literally 100% of your brutal twitter posting lol But this situation is entirely more wild than you’ve given it credit (on interviews + tweets). Completely unsure why you’re on the side of Nick taking full control of $400m, an unusual L 🫡
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Tay 💖
Tay 💖@tayvano_·
@blockchainjames @avsa It is indeed a SUPREMELY low bar you’ve set for yourselves. Which makes it all the more impressive that you’ve managed to undershoot it.
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James.eth 🔥_🔥
James.eth 🔥_🔥@blockchainjames·
Sweet but just to confirm you couldn’t name a single example of an onchain DAO wasting $100m right? I can name plenty of foundations. Luckily I guess we can both be shit together :D Agree a good plan is important, but imo any plan that isn’t “Give a multisig $400m with 0 oversight” wins.
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Tay 💖
Tay 💖@tayvano_·
Youre arguing with yourself at this point. I don’t know what else to say to make this clear. Not doing things is not a viable plan Avoiding something you perceive to be bad is not a viable plan Not a single person has said how they are going to improve ENS at any layer Everyone is just comparing themselves to an arbitrary stupid low bar and patting themselves on the back for being better than what they confidently declare is the stupidest thing Ser Being shittier shit is still shit You should try not being shit
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James.eth 🔥_🔥
James.eth 🔥_🔥@blockchainjames·
@tayvano_ @avsa Lmfaooooo you think we haven’t seen 10s of foundations with 0 accountability pay themselves a fuckton to do nothing over and over and over again
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Tay 💖
Tay 💖@tayvano_·
@blockchainjames @avsa Sincerely, anyone who is willing to bet on plan who’s premise is “we won’t burn $100m” is super silly Why would you bet on that lmaoooooooooooooooooooooo “We’re better bc we won’t do anything” Lmao lol ahahhahahahahahahahahahah
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James.eth 🔥_🔥
James.eth 🔥_🔥@blockchainjames·
@tayvano_ @avsa How many DAOs have burnt through $100m? Because I know countless crypto foundations that have brunt hundreds of millions of dollars. Zero DAOs with onchain governance have done that (with cash at least). What’s being done isn’t ‘perceived’ as bad, it is bad.
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Tay 💖
Tay 💖@tayvano_·
@blockchainjames @avsa Then I strongly recommend you come up with a real plan with real desirable and worthwhile outcomes Namely something that is literally anything besides “dont do something we perceive to be bad” Not doing things isn’t going to cut it and is guaranteed failure on all accounts
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