
Peter Kieltyka
2.8K posts





BREAKING: Anthropic CEO says open-source AI is moving down a “very dangerous path.”



every day someone asks me to try their half-baked product and i'm like "ugh, I don't have time for that" then i realize I'm asking everyone to do the same for me


I will never cease to be amazed by "business pundits" who diss Ethereum for being too cypherpunk. EF staying obsessively and narrowly focused on neutrality & CROPS is the single most logical and highest ROI decision they can make. This is textbook business management. Ethereum being cypherpunk is a Welch/Buffett/Christensen type of management style. Capitalistically competitive to the bone. And this works great for the north star of Ethereum which is to bring global finance onchain. All of it. It also works great for the (revised) L2 roadmap of Ethereum which can be essentially summarized as L2s being very opinionated & specialized stacks that extend Ethereum's core differentiator with value added services. This has been our core thesis at @zksync the past year. Deep focus on building the Bank Stack. A vertical platform that enables every institution to build onchain and participate in a network offering privacy, atomic settlement and cryptographic enforcement. @joechalom is spot on 👇




Cycles Pay is the first privacy-preserving crypto payment app for businesses. This is possible because of few specific design choices: First, the private keys stay on your mobile device. User actions are cryptographically signed by your private key before being submitted on-chain. The financial data is encrypted with that key and doesn’t leave your mobile device. Second, Cycles Pay uses a shielded pool to hide account balances on-chain. They are tracked as encrypted commitments and no one can see the underlying amounts or participants. Third, when you make a payment, a ZK proof is generated and verified on-chain to confirm the transaction is valid without revealing the amount or the counterparty. Users get blockchain integrity without exposing the transaction details.

We’ve raised $8.7M to bring clearing to the masses. Our new round was led by Blockchange to work on the most powerful idea in finance. It’s not just about moving money faster & cheaper; it’s about moving less while doing more.















