Whitepaper Reading Club

@amidoggy_xyz @xuedao_tw @moven0831 @gogo_allen15 @Slutsky___ @0xlouistsai 欢迎 ：）

@xuedao_tw @WPReadingClub @moven0831 @gogo_allen15 @Slutsky___ @0xlouistsai 熊市讀書

@WPReadingClub is coming to 🇹🇼 for the first time! We're bringing Whitepaper reading experience from Singapore, and we've got WPRC's host flying in to moderate in person 🔥 🧠 Topic: Agentic Finance: Will AI use Crypto or Card Networks as Rails? 📅 Date: May 2, 18:00–21:30 👉 Sign up: luma.com/4r69fdnh Spots are limited — grab yours before it fills up! #XueDAO #WhitePaperReadingClub #Web3 #Taiwan #DeFi #AgenticFinance #x402 #CryptoTaiwan #AI #Blockchain

@gogo_allen15 @amidoggy_xyz @xuedao_tw @moven0831 @Slutsky___ @0xlouistsai 熊市，是一个心里状态 ：）

@amidoggy_xyz @xuedao_tw @WPReadingClub @moven0831 @Slutsky___ @0xlouistsai 熊市什麼時候結束

@eden_ @jack We'll do a Whitepaper Reading at your event :)

Saying I do's with @jack next Spring 2027.

🔮 Whitepaper Reading Club @ EthCC High-net-worth crypto holders getting kidnapped for their private keys? It’s no longer a fringe story — it’s happening more than you think as on-chain wealth explodes. Privacy tech is in a full regulatory arms race, while Solana is redefining capital markets with millisecond execution control. This EthCC, we’re going deep on three critical frontiers: → Physical Security for crypto natives (K&R insurance, bodyguards, opsec & panic buttons) → Privacy evolution: @monero, @Zcash, @RAILGUN_Project, @hinkal_protocol vs programmable privacy ( @0xMiden, @AleoHQ, @aztecnetwork, @MidnightNtwrk, @CantonNetwork) — real tradeoffs in ZK, compliance & performance → Internet Capital Markets: @Solana’s ACE roadmap + Constellation for the most liquid on-chain markets ever Signature format: 10 mins silent reading → raw technical discussion (no panels, questions encouraged). 📍 Cannes (exact venue after approval) 🕒 1:00 PM - 4:00 PM 🔗 RSVP: luma.com/9e0dadhz Led by @BrianSeong (WPRC) & @Elliot0x (Kleidi) See you there 👊

@Dr_DAO_ @BrianSeong @Google That would be amazing @Dr_DAO_ ! @BrianSeong - what do you think :) Would be an honor!

@BrianSeong @WPReadingClub @Google Lmk if you want to co host a reading group on this!

.@Google just dropped a 20x more efficient Shor's algorithm, ~500K physical qubits to break ECDSA in minutes. They didn't even publish the circuit btw. They published a ZKP proving they know it. That's a cool use of zk proofs. Most chains still run on ECDSA. Your wallets, bridges, multisigs, rollup verifiers -- sitting on math with an expiration date now. I don't think people have really processed what migration actually looks like for an L1. @0xMiden runs on STARKs. Hash based, no elliptic curves anywhere on the protocol leve. 2029 sounds far until you remember how long it takes to migrate an L1 🫡🫡

@jolimmmm Honor to have you and thanks again - hopefully more discussions to come! You handled questions/discussions better than many people that I've met :)

thanks for having me @WPReadingClub great session, really enjoyed this one as every point sparked a debate. strong turnout, and the crowd was mostly non-crypto, which to me is the signal.

@mrlightsui @jolimmmm Thanks! Just trying to figure out the future :)

@jolimmmm @WPReadingClub Thank you for your take on prediction Market

3/3 To everyone joining us for the first time last Friday — welcome to WPRC KL 🙏 It's only great when we have amazing people join. Han: Amazing to meet you (ai stuff in the future), KSK (EthKL), Marvin (Market Maker), A KL Lawyer, Students from Saudi Arabia and India and Germany and many more! (Will tag people below are we find your twitter lol) Once again - thank you! @jolimmmm (co-founder, Tide) for leading the discussion. @0xYudhishthra and @shuenrui - you're the reason KL keeps showing up. The consistency, the energy - none of this happens without you guys And to @AWS and the people that helped secure the space. — Whitepaper Reading Club is a multi-city research community for builders, founders and curious minds who want to go deep on a topic. We're in Singapore, KL, Bangkok, NYC, and Lagos - reading the papers that may shape our world. Next session incoming :) Event link: lu.ma/3p0ysrm8

2/3: What we learned: - The original flaw: in LMSR, the "depth" of the market is set once at launch and never changes. Whether $100 or $1M has been traded, each new bet moves the price by the same fixed amount. The market is blind to how popular it's become. - The other flaw: because all prices must add up to exactly $1, the operator is structurally guaranteed to lose money over time. This is bad for sustainable business. - LS-LMSR's fix: make depth grow with trading volume. The busier the market gets, the harder it becomes to move the price. Early bets swing odds a lot — that's price discovery. Later bets barely move anything — that's stability. It self-tunes. - Instead of guessing future volume (impossible), you just set your commission rate — called α. The math handles the rest. It's a business decision, not a forecast. - The cost: prices no longer sum to exactly $1 - they sum to ~$1.03. That small gap is the operator's take. Prices become estimates rather than perfect probabilities. - Polymarket moving to 1.8% fees was survival, not greed. Sustainable markets need sustainable operators. About 20% of those fees flow back to market makers to keep liquidity alive. - If AI agents all read the same data and bet the same, operators face one-sided markets and losses. Diverse human opinion is ironically a stabilizer. - These markets aren't just gambling. During the US election cycle, Polymarket data was cited by analysts and newsrooms as a more real-time signal than any poll. Real money = honest signals.

1/3 🇲🇾 WPRC KL [08] was a deep dive on prediction markets - looking into the plumbing: market structure, liquidity design, fees, and how resolution actually works. Thank you to @jolimmmm (co-founder of @TideMarkets, ex-Citi trader) who lead the discussion and fielded some crazy questions! Thank you to @0xYudhishthra and @shuenrui of WPRC-KL for running Whitepaper Reading KL for over a year, and for organizing such an incredible discussion! Topic Summary: (1) prediction markets are an engineering stack. (2) Microstructure + incentives + transparency + resolution = whether a market scales, (4) stays fair, and produces usable “signals.” Discussion Notes: (1) Order book vs AMM tradeoffs (liquidity + startup cost vs long-tail scalability) (2) Fees + maker incentives as “market quality levers” (3) Dynamic liquidity/alpha for better price control + operator sustainability (4) Onchain transparency vs MEV/manipulation realities Summary: docs.google.com/document/d/1CH… Detailed Notes 👇

spending saturday with @WPReadingClub KL dissecting how Prediction Market actually works under the hood. . . . Looks who on the screen 👀 @Predictefy

@LCKian88 @Predictefy Honored to have you brother :)

These are the people that I love - the ecosystem that I remember, and why I am still here :)

@x01punk Thanks brother - it's an honor to have you. These crumpled papers are beautiful and reminders of why I, you, us love this :) Would love to see if we can do something online. Want to co-lead a session together?

shoutout to folks at @WPReadingclub - your Token25 event gave me my first real class in crypto legal at exactly the right time! this whitepaper has been through war - ruined, coffee stained, but has been my go-to reference and now the primary source for my agent, and today i discovered new news endpoints across asia, especially the hong kong market. grateful 🙏🏼 These days, we often discount crypto events in terms of value, especially us old dogs -- but @WPReadingClub should be mandatory hands down! ps: wondering if i can get the same learning & community experience online.

:))

🔮 THIS WEEK: Whitepaper Reading KL [08] - Prediction Markets Prediction markets went from crypto sideshow to a $44B+ sector after Polymarket called Trump's win while polls were still at coin-flip. Now NYSE's parent company (ICE) is backing the space and the CFTC is paying attention. But how does the machine actually work under the hood? This week we're cracking open the @Polymarket technical whitepaper — mechanism design, oracle systems, market resolution logic, and the protocol architecture powering these "truth machines." We'll cover: → Prediction market fundamentals → 2026 landscape & where the sector is heading → Deep dive into Polymarket's technical docs 📍 AWS Office, Level 35, Gardens North Tower (Mid Valley) Thanks 📅 Sat (Mar 28) 2 PM - 4 PM 🔗 RSVP: luma.com/3p0ysrm8 📄 Reading material: docs.google.com/document/d/1JV… See you there 👊