Blaine

@blainemalone

23 Following

249 Followers

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Bookmark this: The Superchain will win.

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sunny for march 1st!

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https://warpcast.com/blainemalone/0x03300947

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https://warpcast.com/blainemalone/0xf2cacf58

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https://warpcast.com/blainemalone/0xf2cacf58

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https://warpcast.com/blainemalone/0xf2cacf58

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https://warpcast.com/blainemalone/0xf2cacf58

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The largest theft in human history, broken down in one simple diagram (ByBit hack, Feb 2025). Surpassing even Saddam Hussein’s infamous 2003 bank heist, where he stole nearly $1 billion. @safe

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https://warpcast.com/blainemalone/0xaa192043

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Ever wondered why @safe uses a linked list for storing owners in their multisig? I've worked with this data structure a bunch of times and it always makes me do a double take. This diagram will help...

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https://warpcast.com/blainemalone/0x03300947

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EOAs are about to get superpowers. EIP-7702 is set to transform how we use Ethereum, unlocking a whole new experience and it's coming very soon. I've distilled its essence in the diagram below...

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The ByBit hack showcases that the most vulnerable part of this Multisig flow is the human part. With so much value going onchain, diligent signing has never been more important.

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https://warpcast.com/blainemalone/0x0e0a0319

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I'm dropping a EIP-7702 diagram in tomorrows newsletter. Subscribe below: http://blainemalone.com/newsletter 🤝

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https://warpcast.com/blainemalone/0xf85eff57

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Every smart contract engineer should understand how @safe multisigs work! Here's a flowchart breaking down how child multisigs can approve transactions on a parent multisig using onchain approvals. Let me know what you think.

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Check out my Thursday newsletter where I discuss Bitcoin Reserves, Unichain and Solidity try/catch pitfalls. Read it here and subscribe: https://news.blainemalone.com/posts/3-thoughts-thursday-13th-feb-2025 Every Thursday I release a newsletter with 3 topics. They range from High -> Low: - High: Global/macro level crypto news - Mid: Tech focused crypto developments - Low: Closer to the metal crypto tidbits

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1/8) 've officially been priority ordering pilled. Why? Two words: MEV Taxes. What the hell are MEV taxes, and why should you care? After reading through @paradigm's 'Priority Is All You Need' article by @danrobinson and @davewhite it’s clear: - MEV taxes capture a cut of extracted MEV and redirect it to the app layer. - Protocols can start leveraging this today. Especially with @unichain's launch. To understand MEV taxes, we first need to look at how MEV is extracted when priority ordering isn’t enforced. Here’s a classic example: An MEV searcher sandwiches a victim’s trade by placing a buy order before and a sell order after their transaction. Notice how the block isn’t ordered by priority fees. Instead, the block builder reorders transactions to maximize MEV profits. ref: https://paradigm.xyz/2024/06/priority-is-all-you-need

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Last weekend @hamdi and I set up our own Ethereum nodes. It took 3 hours and basic consumer hardware. The fact that I can secure a global financial system from my laptop is batshit insane. Ethereum is inevitable.

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