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새로운 세상을 함께 만듭시다 #서문 #창조자들의메시지 중에서 Let's Reconstruct a New Civilization T... youtu.be/_6kGCcY-_7s?si… via @YouTube

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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.

3 continents, 4 global office visits, 5 days. Crossed too many time zones to count... Recently, @MonicaLongSF and I (along with others on the Ripple leadership team) traveled to Dublin, London, Singapore and Sydney to meet with the Ripple Team (many of whom joined from our acquisitions of GTreasury, Hidden Road, Rail, Palisade and Solvexia). A few notes from the road - 1/ centers of gravity (business and/or employee) are never stagnant, and getting out of the US coastal mindset is imperative. It was incredibly energizing to hear from new and longtime Ripplers on what moves the needle where they are. 2/ Culture cannot be taken for granted. More than ever, we’re championing a maniacal focus and eliminating bureaucracy for employees to be owners. Don’t confuse activity with progress. 3/ Adoption doesn’t happen overnight. Platforms > point solutions. Meet customers where they are, not where they might be in a couple years. 4/ AI is becoming a fundamental part of our products – especially in cash forecasting and liquidity management in real-time for the office of the CFO. Employee productivity may be where AI starts, but the end goal is much bigger. 5/ 2026 is shaping up to be another defining year. We’re in the right markets with the right capabilities across payments, custody, liquidity and treasury management. There's a huge opportunity ahead, and we are making sure XRP is at the center of it.

Digital assets are moving from experimentation to real-world use. We see collaboration across the ecosystem as key to connecting onchain innovation with trusted global payments infrastructure. Initiatives like the @Mastercard Crypto Partner Program help bring builders, networks, and financial institutions closer together.

I think it's healthy for us in the Ethereum world to have a more bold and open mindset to many things, particularly on the application layer and on how we see ourselves in the world. We should not compromise on core properties: censorship resistance, open source, privacy, security (CROPS). We should not have "open mindedness" of the type that leaves people with no confidence of what security properties the L1 will still have one year from now. We should not ask ourselves questions like "do we really need light clients to be able to trustlessly verify correctness of the chain?". But especially on the layer of applications and Ethereum's interface to the world, we should be more willing to radically rethink various concepts and step outside our comfort zone. This includes issues of technological direction, eg. "what if AI basically means that wallets as browser extensions and mobile extensions are dead within a year?" One example last year was the shift to thinking about privacy as a first-class consideration, something we value equally to the other types of security. This implies a radically different Ethereum application stack, because the entire stack so far has not been built around privacy. Great, let's build a radically different Ethereum application stack! An example this year is the growing work on the networking side of privacy, both inside the EF and outside. It includes application-layer issues, eg. "what if the rest of defi is basically just universal futures markets on top of a good decentralized oracle and letting users self-organize on top of that?", and "what if the ideal decentralized oracle is just a SNARK over M-of-N small LLMs over zk-TLSes of some major news sites?" (BTW this is interrelated with the AI issue: one consequence of AI is that it moves "applications" away from being discrete categories of behavior with discrete UIs, and more toward being a continuous space, so "build fewer apps and rely on users to self-organize around them" should inevitably expand as a pattern) One example this year is rethinking from zero the role of L2s, and what kind of L2s are actually most synergistic and additive to Ethereum. It also includes culture. This is a big part of "the whole milady thing" for myself, @AyaMiyagotchi and others. Yes, it's a silly meme. Yes, I find the political takes of some milady partisans cringe and sometimes outright bootlickerish (though other milady partisans are quite the opposite). But the core underlying subtext, the message behind the message, is: rip off the suit and tie. If you have your suit and tie on, be willing to grab the nearest wine glass and spill it all over your suit and tie, so you have no choice but to rip it off and reclaim your body's full flexibility and freedom. Actually imagine yourself doing this the next time you get invited to a richpeopleslop formal gala dinner. Take the preconception that you are "respectable", write it down on a piece of paper, crumble it up and burn it. The psychological baptism of doing this leads to the intellectual baptism of unlocking greater creativity and expanding overton windows. For too long, our algorithm in Ethereum has been: we have this existing ecosystem, what's the logical next step to make it one step better? Now, our algorithm should be: we have this L1 that is amazing and will become more amazing, we have a growing array of tools, both those built within our ecosystem and outside it, what are the most valuable things to build, knowing what we know now? If YOU had to write the section of the 2014 Ethereum whitepaper that talked about applications, and take a first-principles perspective of what makes sense in defi, decentralized social, identity, and elsewhere, what would you write? At least take the step of marking all path-dependence concerns down to zero, pretend for a brief moment that the Ethereum chain today has exactly zero usage and you're the one suggesting or building the first apps, and see what comes out. Do this even if you're the one building today's existing apps. This is how Ethereum can grow back stronger.

🚨JUST IN: VITALIK BUTERIN SAYS ETHEREUM HASN’T DONE ENOUGH Vitalik Buterin (@VitalikButerin) says the world faces rising surveillance, wars, and collapsing social media trust. He admitted Ethereum $ETH has played only a limited role in advancing real-world freedom. He pointed to growing government and corporate oversight. He said privacy and digital security remain fragile. Ethereum, he argued, must go beyond finance. The network should help build resilient digital spaces.

An extremely pointed message from @POTUS to those who are dragging their feet on CLARITY. This is, and always has been, about what’s in the best interest of the American people.

I'm actually pretty open-minded about the anti-data-center populism. From everything I've seen from people working on this, reducing industrial-scale hardware availability seems to be both the most practical, and most non-dystopian / non-invasive way to lengthen AGI timelines. So if the movement that makes that happen starts out with anti-data-center populism, that seems fine? Of course you have to do things other than going after data centers located in populated areas to really make a dent on AGI timelines (my intuition is that 10-100x compute reduction is feasible in a "static" model of the world, and 100-10000x if you compare to a counterfactual that includes future chip design progress; those numbers *would* make a dent), but there is a first step for everything.

This is the right way to "make Ethereum be the home for AI". Don't just do what everyone else would do anyway, just on rails with an octahedron logo instead of a square or circle or pentagon logo. Make something fundamentally better, using meaningful technological improvements in ZK privacy-preserving payments and reputation.

Congratulations sincerely on the issuance of the NCRT token by the Ramchar Foundation. May this meaningful beginning open the door to new possibilities and become a precious step toward an even greater vision. May NCRT go beyond being simply a token, and become a seed that connects hearts and intentions devoted to rebuilding a new civilization on planet Earth. Carrying the values of conscious growth, cooperation, and harmony, may it shine as a light that offers hope and direction to many. I believe that what this era truly needs is not division, but connection— not fear, but awakening. May the vision of the Ramchar Foundation lead to a meaningful movement toward the transformation and ascension of the Earth. Once again, heartfelt congratulations. May love, peace, and the seeds of a new civilization take deep root on our planet. I stand with you in support. 💜

It’s happening!!! ⬇️

We’re partnering with Aviva Investors to tokenize traditional funds on the XRP Ledger. Tune into XRP Community Day to learn more about the partnership and onchain finance on the XRPL with @markusinfanger and Aviva’s Alastair Sewell. Up Next: on.ripple.com/4ktDQUw

@The_Ramchiar @Ripple We support Ripple. Not just as a technology, but as a bridge for global cooperation. A new civilization is built on transparency, trust, and connection. Let us move forward together. #Ripple #NEW_CIVILIZATION_RECONSTRUCTION #XRP

We deeply resonate with Ripple’s long-term vision of building blockchain for real people and real economies. The Ramchiar Foundation’s New Civilization Reconstruction shares this commitment to balance, cooperation, and meaningful global connection. We see XRP not as speculation, but as a practical bridge for trust and real-world collaboration. Encouraged to see aligned values shaping a more harmonious future together.

@The_Ramchiar @Ripple I am a supporter of Ripple, and I deeply appreciate the Ramchiar Foundation’s efforts toward the Reconstruction of a New Civilization. Rooted in balance and harmony, I wholeheartedly support the principles of love, peace, and freedom in building this new civilization.

@The_Ramchiar @Ripple (Following that) I deeply yearn for the reconstruction of the Ramchiar Foundation's new civilization, where coexistence is possible through horizontal and cooperative relationships.

@The_Ramchiar @Ripple Through years of token development, I’ve witnessed the long-term vision behind XRPL. Much respect to Ripple for the steady progress.I’m sincerely rooting for your continued growth

@The_Ramchiar @Ripple We support and deeply cherish the vision that Ripple is creating. The Ramchiar Foundation is working with dedication to build a beautiful Earth where love and peace coexist. We feel that the future in which this vision is realized is not far away.

@The_Ramchiar @Ripple Deeply moved by your insight into connecting technology with the evolution of human consciousness. I look forward to seeing XRP serve as a powerful tool for this new civilization and the real-world economy!