Mr.Ccon

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Mr.Ccon

Mr.Ccon

@engrailed_scall

A heraldic line (support) with small, outward scallops (bumps). Scalloped. Still bulging.

En mi casa Katılım Eylül 2019
209 Takip Edilen548 Takipçiler
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Mr.Ccon
Mr.Ccon@engrailed_scall·
Este es el trabajo de todo un año, con 8 partes, ninguna es igual a la anterior en estilo, pues este fue evolucionando a lo largo del tiempo con cada nuevo dibujo. Esto es solo una prueba de ello. 🧵🧵 Se agradece cada Like❤️y RT🔄 #GenshinImpact #Genshin #genshinimpactfanart
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Mr.Ccon
Mr.Ccon@engrailed_scall·
Anyone else think airport delays are lowkey the best forced excuse to actually do research you've been putting off? 😂
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Mr.Ccon
Mr.Ccon@engrailed_scall·
Flight delayed 3 hours but honestly not even mad 😄 Settled into the lounge, grabbed a coffee, and now I'm deep in my crypto watchlist. Some interesting projects catching my eye rn 👀
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Mr.Ccon
Mr.Ccon@engrailed_scall·
So much happening in the crypto space right now — BTC moves, DeFi updates, Web3 drama… honestly can't keep up some days 🚀 The market never sleeps and neither do I apparently. Anyone else deep in the rabbit hole today? #crypto
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Mr.Ccon
Mr.Ccon@engrailed_scall·
Curious what you all think.
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Mr.Ccon
Mr.Ccon@engrailed_scall·
Morning run done. Head clear, lungs burning, ready to face whatever chaos the market throws today. Sometimes stepping away from the charts is the best trade you can make.
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Mr.Ccon retweetledi
MoonPay 🟣
MoonPay 🟣@moonpay·
sending $100 in Solana to 5 people that like this post
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vitalik.eth
vitalik.eth@VitalikButerin·
In 2026, I plan to be fully back to decentralized social. If we want a better society, we need better mass communication tools. We need mass communication tools that surface the best information and arguments and help people find points of agreement. We need mass communication tools that serve the user's long-term interest, not maximize short-term engagement. There is no simple trick that solves these problems. But there is one important place to start: more competition. Decentralization is the way to enable that: a shared data layer, with anyone being able to build their own client on top. In fact, since the start of the year I've been back to decentralized social already. Every post I've made this year, or read this year, I made or read with firefly.social, a multi-client that covers reading and posting to X, Lens, Farcaster and Bluesky (though bluesky has a 300 char limit, so they don't get to see my beautiful long rants). But crypto social projects has often gone the wrong way. Too often, we in crypto think that if you insert a speculative coin into something, that counts as "innovating", and moves the world forward. Mixing money and social is not inherently wrong: Substack shows that it's possible to create an economy that supports very high-quality content. But Substack is about _subscribing to creators_, not _creating price bubbles around them_. Over the past decade, we have seen many many attempts at incentivizing creators by creating price bubbles around them, and all fail by (i) rewarding not content quality, but pre-existing social capital, and (ii) the tokens all going to zero after one or two years anyway. Too many people make galaxy-brained arguments that creating new markets and new assets is automatically good because it "elicits information", when the rest of their product development actions clearly betray that they're not actually interested in maximizing people's ability to benefit from that information. That is not Hayekian info-utopia, that is corposlop. Hence, decentralized social should be run by people who deeply believe in the "social" part, and are motivated first and foremost by solving the problems of social. The Aave team has done a great job stewarding Lens up to this point. I'm excited about what will happen to Lens over the next year, because I think the new team coming in are people who actually are interested in the "social": even back when the decentralized social space barely existed, they were trying to figure out how to do encrypted tweets. I plan to post more there this year. I encourage everyone to spend more time in Lens, Farcaster and the broader decentralized social world this year. We need to move beyond everyone constantly tweeting inside a single global info warzone, and into a reopened frontier, where new and better forms of interaction become possible.
Lens@LC

Today, we’re proud to share that @masknetwork will steward the next chapter for Lens, bringing the strongest onchain SocialFi foundation to life through intuitive, consumer-ready applications.

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Mr.Ccon retweetledi
Senator Cynthia Lummis
Clear rules aren't a favor to the crypto industry. They're protection for every American who wants to participate in this economy.
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Mr.Ccon
Mr.Ccon@engrailed_scall·
Wanted to add — still early days.
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Mr.Ccon
Mr.Ccon@engrailed_scall·
Each morning ritual is a reminder — slow down, be present, then move with intention. Espresso hit different today. Charts are open. Whatever the market brings, I'm ready for it.
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vitalik.eth
vitalik.eth@VitalikButerin·
Increasing bandwidth is safer than reducing latency With PeerDAS and ZKPs, we know how to scale, and potentially we can scale thousands of times compared to the status quo. The numbers become far more favorable than before (eg. see analysis here, pre and post-sharding vitalik.eth.limo/general/2021/0… ). There is no law of physics that prevents combining extreme scale with decentralization. Reducing latency is not like this. We are fundamentally constrained by speed of light, and on top of that we are also constrained by: * Need to support nodes (especially attesters) in rural environments, worldwide, and in home or commercial environments outside of data centers. * Need to support censorship-resistance and anonymity for nodes (especially proposers and attesters). * The fact that running a node in a non-super-concentrated location must be not only possible, but also economically viable. If staking outside NYC drops your revenues by 10%, over time more and more people will stake in NYC. Ethereum itself must pass the walkaway test, and so we cannot build a blockchain that depends on constant social re-juggling to ensure decentralization. Economics cannot handle the entire load, but it must handle most. Now, we can decrease latency quite a bit from the present-day situation without making tradeoffs. In particular: * P2P improvements (esp erasure coding) can decrease message propagation times without requiring individual nodes to have lower bandwidth * An available chain with a smaller node count per slot (eg. 512 instead of 30,000) can remove the need for an aggregation step, allowing the entire hot path to happen in one subnet This plausibly buys us 3-6x. Hence, I think moderate latency decreases, to a 2-4s level, are very much in the realm of possibility. But Ethereum is NOT the world video game server, it is the world heartbeat. If you need to build applications that are faster than the heartbeat, they will need to have offchain components. This is a big part of why L2s will continue to have a role even in a greatly scaled Ethereum (there are other reasons too, around VM customization, and around applications that need _even more scale_). Ultimately, AI will necessitate applications that go faster than the heartbeat no matter what we do. If an AI can think 1000x faster than humans, then to the AI, the "subjective speed of light" is only 300 km/s. Hence, it can talk near-instantly within the scope of a city, but not further. As a result, there will inevitably be AI-focused applications that will need "city chains", potentially even chains localized to a single building. These will have to be L2s. And on the flipside, it would be too much of a cost to make it viable to run a staking node on Mars. Even Bitcoin does not strive for this. Ultimately, Ethereum belongs to Terra, and its L2s will serve both hyper-localized needs in its cities, and hyper-scaled needs planet-wide, and users on other worlds. Milady.
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vitalik.eth
vitalik.eth@VitalikButerin·
I was recently at Real World Crypto (that's crypto as in cryptography) and the associated side events, and one thing that struck me was that it was a clarifying experience in terms of understanding *what blockchains are for*. We blockchain people (myself included) often have a tendency to start off from the perspective that we are Ethereum, and therefore we need to go around and find use cases for Ethereum - and generate arguments for why sticking Ethereum into all kinds of places is beneficial. But recently I have been thinking from a different perspective. For a moment, let us forget that we are "the Ethereum community". Rather, we are maintainers of the Ethereum tool, and members of the {CROPS (censorship-resistant, open-source, private, secure) tech | sanctuary tech | non-corposlop tech | d/acc | ...} community. Going in with zero attachment to Ethereum specifically, and entering a context (like RWC) where there are people with in-principle aligned values but no blockchain baggage, can we re-derive from zero in what places Ethereum adds the most value? From attending the events, the first answer that comes up is actually not what you think. It's not smart contracts, it's not even payments. It's what cryptographers call a "public bulletin board". See, lots of cryptographic protocols - including secure online voting, secure software and website version control, certificate revocation... - all require some publicly writable and readable place where people can post blobs of data. This does not require any computation functionality. In fact, it does not directly require money - though it does _indirectly_ require money, because if you want permissionless anti-spam it has to be economic. The only thing it _fundamentally_ requires is data availability. And it just so happened that Ethereum recently did an upgrade (PeerDAS) to increase the amount of data availability it provides by 2.3x, with a path to going another 10-100x higher! Next, payments. Many protocols require payments for many reasons. Some things need to be charged for to reduce spam. Other things because they are services provided by someone who expends resources and needs to be compensated. If you want a permissionless API that does not get spammed to death, you need payments. And Ethereum + ZK payment channels (eg. ethresear.ch/t/zk-api-usage… ) is one of the best payment systems for APIs you can come up with. If you are making a private and secure application (eg. a messenger, or many other things), and you do not want to let people to spam the system by creating a million accounts and then uploading a gigabyte-sized video on each one, you need sybil resistance, and if you care about security and privacy, you really should care about permissionless participation (ie. don't have mandatory phone number dependency). ETH payment as anti-sybil tool is a natural backstop in such use cases. Finally, smart contracts. One major use case is _security deposits_: ETH put into lockboxes that provably get destroyed if a proof is submitted that the owner violated some protocol rule. Another is actually implementing things like ZK payment channels. A third is making it easy to have pointers to "digital objects" that represent some socially defined external entity (not necessarily an RWA!), and for those pointers to interact with each other. *Technically*, for every use case other than use cases handling ETH itself, the smart contracts are "just a convenience": you could just use the chain as a bulletin board, and use ZK-SNARKs to provide the results of any computations over it. But in practice, standardizing such things is hard, and you get the most interoperability if you just take the same mechanism that enables programs to control ETH, and let other digital objects use it too. And from here, we start getting into a huge number of potential applications, including all of the things happening in defi. --- So yes, Ethereum has a lot of value, that you can see from first principles if you take a step back and see it purely as a technical tool: global shared memory. I suspect that a big bottleneck to seeing more of this kind of usage is that the world has not yet updated to the fact that we are no longer in 2020-22, fees are now extremely low, and we have a much stronger scaling roadmap to make sure that they will continue to stay low, even if much higher levels of usage return. Infrastructure for not exposing fee volatility to users is much more mature (eg. one way to do this for many use cases is to just operate a blob publisher). Ethereum blobs as a bulletin board, ETH as an asset and universal-backup means of payment, and Ethereum smart contracts as a shared programming layer, all make total sense as part of a decentralized, private and secure open source software stack. But we should continue to improve the Ethereum protocol and infrastructure so that it's actually effective in all of these situations.
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vitalik.eth
vitalik.eth@VitalikButerin·
Defi is a central part of the value that Ethereum provides. Financial empowerment is a central part of what it means to have agency and freedom in our current world. Finance is far from the only thing that Ethereum is good for, but it is an important thing. This post discusses how the Ethereum Foundation is approaching defi. Defi today makes the world's best savings, risk management and wealth-building opportunities permissionlessly available worldwide. We need to build on that. Ethereum's early defi era was great because it dared to dream and innovate and come up with totally new paradigms (eg. AMMs). Defi tomorrow will bring back that spirit. Don't just "make a better stablecoin", dig a layer deeper, and think about the underlying problem (risk management, hedging one's future expenses), and come up with an even better solution. But also, as the EF, we are not interested in supporting "onchain finance" or even "defi" indiscriminately. We have a specific vision of what we want to see out of defi: permissionless, open-source, private, security-first global finance that maximizes people's control over their own assets, minimizes centralized chokepoints and trusted third parties, and democratizes risk management and wealth building (the two key goals of finance according to modern portfolio theory) as well as payments. We want protocols that pass the walkaway test: that keep working even if the original team suddenly disappears without warning (or even: becomes hostile / compromised without warning). Bringing this vision to reality will inevitably take a lot of work. Defi is a complex toolchain, including various onchain components, user-side offchain components (ie. wallet, local agent...), other offchain components, etc. The things that we care about include areas like: * Improving security of defi through "traditional" means, eg. audits, standards, wallet-side safeguards * Improving security of defi through "new" means, eg. AI-assisted formal verification, user-side agents as safeguards * Oracle security and decentralization (there's A LOT of skeletons in the closet here, we as an ecosystem really need to point a big eye of sauron at it for a while) * Privacy. Both privacy-preserving payments, and privacy of more complex use cases (eg. what does it mean to have a maximally privacy-preserving CDP? there are clearly benefits in reducing liquidation-sniping risk, but it requires hard tech to get there) * Open source, and improving the licensing / forkability situation in defi Ethereum is a permissionless protocol, and nothing stops people from deploying insecure protocols, protocols that enshrine ultimately unneeded centralized trust in the name of convenience, or dopamine-maximizing gambleslop. However, we *are* interested in working with anyone aligned to make permissionless, open-source, intermediary-minimizing and security and user-agency-maximizing defi ecosystem as strong as possible, so that it can be not just individuals and institutions' first choice in Ethereum, but also a globally compelling way to manage funds for anyone who needs its properties.
CSL@CharlieStLouis

1/ Today the EF is sharing a bit more about how it's approaching DeFi going forward:

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Mr.Ccon
Mr.Ccon@engrailed_scall·
Am I wrong here? Let me know.
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Mr.Ccon
Mr.Ccon@engrailed_scall·
bro Nvidia flexing $20B in debt while BTC miners are quietly pivoting to AI is lowkey the most bullish signal i've seen all month 👀 the convergence is real who else thinks miners are the sleeper play rn? #Bitcoin
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Mr.Ccon retweetledi
Circle
Circle@circle·
cirBTC is live on @ethereum. Circle helped establish the institutional standard for dollar collateral with USDC. Now cirBTC brings that same approach to Bitcoin, bringing 1:1 BTC-backed collateral to institutional DeFi markets with neutrality, transparency, and Circle infrastructure. Arc is next. circle.com/blog/cirbtc-is…
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Mr.Ccon retweetledi
Ansem
Ansem@blknoiz06·
trump really put ufc on the white house lawn and gave out prizes in crypto, & the fighters were shilling memecoins on the octagon after winning
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Mr.Ccon retweetledi
Elon Musk
Elon Musk@elonmusk·
“I used to be in crypto, but now I got interested in AI"
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Mr.Ccon
Mr.Ccon@engrailed_scall·
Something about no screens and pure oxygen just unlocks it — anyone else get their best ideas when you literally can't act on them?
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Mr.Ccon
Mr.Ccon@engrailed_scall·
Nothing clears the head like a 6am run before the charts go crazy 🏃 Why do my best trade ideas always hit mid-stride anyway? Brain just works different out there fr
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