
Will Corcoran
6.5K posts

Will Corcoran
@corcoranwill
lean Ethereum | EF - protocol coordination


Ethereum Foundation dropped another vibes manifesto, so naturally the industry is beefing over whether EF is building a “sanctuary for rebels” or just LARPing as crypto monks. Spoiler: nobody changed anyone’s mind, but we did get some group therapy. Timestamps 00:00 Intro 01:51 EF Mandate Explained 03:23 Pragmatists vs. Cypherpunks 05:13 @tayvano_’s Middle Ground 08:54 @TrustlessState Reads Between Lines 13:51 Tom & Tarun Push Back 18:20 EF Factions & Solana Shadow 24:13 Does Ethereum Want Growth 31:01 Virtue Signaling 35:35 Where to Build Now 39:16 Solana Support vs Ethereum Stability 42:12 EF Promotion & Builder Support 47:54 Goldilocks Time Horizons 51:10 Ethereum Soul and Body 56:03 Does EF Leadership Matter? 01:02:45 Stewardship and Market Failures 🔥Stay updated with all the latest hot takes by following and subscribing to @_ChoppingBlock and @unchained_pod! 🎥 YouTube: youtu.be/6toqXRF99Qc 🎧 Spotify: bit.ly/3wiIOyy 🍎 Apple: bit.ly/3w9HQ7J 🎙 Podcast Home: choppingblock.xyz


What does it take to actually operate a zk-enabled, post-quantum Ethereum network? In this episode (5/6 of the Lean Ethereum series), Raúl and Will from the @ethereumfndn shift focus from primitives to system integration: networking, coordination, and client interoperability. Based on , the discussion centers on how post-quantum signatures and zk-based aggregation impact the networking layer and end-to-end protocol design. They cover: – Why post-quantum signatures (e.g. XMSS) introduce non-trivial constraints due to size (kB vs B), requiring redesign of propagation, aggregation, and bandwidth utilization – The role of DevNets as iterative integration environments: from basic interoperability → signature generation → aggregation → recursive composition – Networking constraints under EIP-7870: bounded bandwidth, latency sensitivity, and the need to optimize for “goodput” rather than raw throughput – Transition from bursty gossip-based propagation to continuous pipelined data flow, where signatures are incrementally aggregated across network topologies – Trade-offs in topology design: subnets, hierarchical aggregation, redundancy, and adversarial considerations (e.g. avoiding identifiable aggregation points) – ETH P2P as a purpose-built networking stack, replacing generic libp2p components with mechanisms such as erasure-coded broadcast and structured routing – Coordination across layers: cryptography, client implementation, networking, and metrics, with shared observability to evaluate latency, duplication, and finality convergence Listen to the full episode ------------ TIMECODES 04:32 Coordination Between Social and Networking Layers 06:59 DevNet Process and Client Coordination 12:06 Networking Challenges with Larger Signatures 15:49 Signature Size Comparison (BLS vs XMSS) 18:16 Pipelining and Network Utilization 19:29 Signature Aggregation Topologies 21:08 Network Design Trade-offs and Security 22:31 Coordination Across Teams and DevNets 26:33 Network Metrics (Throughput, Goodput, Efficiency) 29:56 Finality Goals and Current Targets (3SF Mini) 31:02 ETH P2P and Future Networking Stack 34:07 Broadcast Layer and Data Propagation Improvements 36:38 Closing Remarks


manifesting single-slot confirmations... check it out at fastconfirm.it shipping soonTM




I hate to be the one to say this, but please--no more manifestos. They've made great progress on this in the last year. What people want to see from the EF is less manifesting, more shipping.

you go deep, we'll go broad I respect and appreciate the EF clarifying its focus and mandate so that others know what gaps to fill and which alternative threads to follow so we make maximal impact as a collective At @Etherealize_io we'll stay the course and focus on rearchitecting institutional finance from the inside out We are one piece of the diverse machine that will make the deepest and broadest impact possible


Today, the Foundation’s Board released the EF Mandate. This document, which was first intended for EF members, reaffirms the promise of Ethereum, and the role of EF within this ecosystem.



As a lifelong, taxpaying New Yorker, I am extremely worried about the ramifications of the estate tax proposal on New Yorkers if it gets signed into law. I want to be clear up front; this isn't about politics for me. I'm not fighting for the billionaire class, and I'm certainly not one of them. What I am is someone who understands basic math, economics, and business, who has watched what happens when states push tax policy past the breaking point. Here's what's on the table right now: a proposal to reduce New York’s estate tax exemption from $7.1 million down to $750,000, an 89% cut while increasing the top rate from 16% all the way to 50%. This is embedded within a batch of revenue ideas sent up to Albany to try and plug a $5.4 billion hole in the city budget. I want to discuss who this estate tax actually hits, because it’s certainly not the ultra-rich. The ultra-rich weren’t exempt as only the first $7.1 million avoided estate taxes. A $750,000 threshold in the New York metro area is not reasonable. The median home price in New York City hit roughly $809,000. In Nassau County you're looking at $820,000. Suffolk County sits around $675,000. Westchester is $754,000. If you bought a house in the city, Nassau, or Westchester and you spent 30 years paying off that mortgage like a responsible adult, congratulations, you're now above the estate tax threshold. What’s even better is that you hit the threshold before even factoring in your 401k, life insurance, savings, a family business, or other investments. This isn't a tax on the wealthy it’s a tax on a retired couple in Bayside who paid off their split-level. It's a tax on the family that runs a deli in Astoria and owns the building. When you force those families to come up with 50% of the value above $750,000 after someone dies, what do you think happens? They sell. They liquidate. The house goes, the business goes, and the generational wealth that took a lifetime to build disappears in a single tax event. Family businesses which are the backbone of employment in neighborhoods all over this city get gutted. According to the State Department of Taxation and Finance's own numbers New York's tax structure is incredibly top heavy as millionaires paid 44.6% of all personal income tax collected in 2024. The top 200,000 filers covered 51.9%. The bottom half of all earners paid 0.2%. Think about how fragile that makes us. You don't need a mass exodus. You need a few thousand people to change their mailing address to Palm Beach or Austin and the budget math falls apart. Here's the part that really gets me though. The biggest victims of "tax the rich" policies aren't the rich. The rich utilize their resources and leave once they have had enough because their resources make them mobile. The people who get crushed are the ones who stay such as teachers, firefighters, nurses, and the small business owner. They can’t simply pick up and go. The harsh reality is that when the wealthy leave and the tax base shrinks, the city still needs the same amount of money to run the subways, pay the cops and keep the lights on. So where does it come from? It comes from everyone left behind as they are forced to pay higher taxes, and higher fees. What may bother me more is the double taxation piece. The money in someone's estate didn't just appear from thin air. They earned it and paid income tax. They invested it and paid capital gains. They bought property with it and paid property taxes every single year. They bought things and paid sales tax. Every dollar in that estate has already been taxed multiple times over the course of a lifetime. Now when they die the state wants to take half of everything above $750,000? At what point does it stop being a tax and start being confiscation? That's a genuine question I have because if you work your whole life, play by every rule, pay every tax along the way, and the government still takes half when you die what exactly was the point of saving any of it? A $750,000 threshold doesn't catch billionaires it catches the middle class. It catches people who were never wealthy, they were just disciplined. They bought a house, they didn't sell it, they put money away for retirement, and they wanted to leave something for their kids. Punishing that with a 50% tax rate sends a very specific message: the state believes your assets belong to it first and your family second. I don't care where you fall politically that should bother you. I'll say this very simply. When you tax people to the point where they feel targeted, they leave. When they leave the burden falls on everyone who can't. When that burden gets heavy enough, more people figure out a way to go. That's not theory, that's exactly what IRS data and Census numbers have been showing us for half a decade straight. New York is standing at a fork in the road right now. One direction is more punitive taxation with an increasing dependence on a shrinking pool of high earners who increasingly have one foot out the door. The other direction is putting forward competitive tax policy, fiscal discipline, and creating an environment where building wealth and creating jobs isn't treated like something the government needs to punish. I know which path leads somewhere good. I just hope the people making the decisions figure it out before there's nobody left to tax. @amitisinvesting @BillAckman @chamath @patrickbetdavid @PBDsPodcast

Right, who wants to talk about Fast Finality on Ethereum? We're figuring out where the theoretical meets the practical: if finality matters to you, let's talk! 🏗️ Infrastructure: L2s, Bridges, Interop protocols 🏦 Liquidity: Exchanges, Staking pools, Apps 💻 Protocol: Client devs & researchers ❓ Others... The Hard Questions: - How fast is fast enough to make a difference? Is it quantifiable? - Which trade-offs are ok? Economic safety <33%? Higher finalisation threshold? Lower fork-choice participation per slot? Slot length? Validator set cap? - Where does FF sit among all our other priorities? DM to set up a call - tell me who you are and why you care. (Note: This is distinct from the fast confirmation rule - talk to @corcoranwill for that.)








