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Dogan

@doganeth

215 Following
3258 Followers


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Dogan
@doganeth
me from Turkiye:
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Dogan
@doganeth
Who is building Kaito but for Farcaster? It is way better than Kaito for twitter: - The data is public: no API requirement. - You can even run your client and run the kaito inside it - permisionless - much easier to make it verifiable.
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Dogan
@doganeth
Add native to there
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Dogan
@doganeth
Ethereum before: Ethereum is expensive, we need to scale the chain; its bearish Ethereum now: Ethereum is so cheap, we need to tax Ethereum L2s; its bearish. Ethereum needs to scale what it can provide to L2s and L2s should make billions of txs, so that Ethereum could generate revenue with low fees. this is so simple.
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Dogan
@doganeth
We believe in the mission The world computer. We do not care about price speculations; we care the values.
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Dogan
@doganeth
Congrats!!
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Dogan
@doganeth
I was just looking into the new product that went live on Base and realized that I got that token as an airdrop because I hold $degen Farcaster x Base has a real eco.
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Dogan
@doganeth
One of the leader zkVM provider Succiny Labs‘s SP1 has had a vulnerability, which can be exploited to create false proofs - according to Lambda Class team. Now think twice to depend on one proof system. The future is multi proof. https://blog.lambdaclass.com/responsible-disclosure-of-an-exploit-in-succincts-sp1-zkvm-found-in-partnership-with-3mi-labs-and-aligned-which-arises-from-the-interaction-of-two-distinct-security-vulnerabilities/
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Dogan
@doganeth
New post on native rollups: Being Native is not enough for being Aligned https://mirror.xyz/0x8958D0c419BCDFB8A86b8c0089552bE015fbe364/JfE6dR3adVmmQne-novwH_Qm-cFAt3xxG60A31VDWn8
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Dogan
@doganeth
me
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Dogan
@doganeth
Yes
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Dogan
@doganeth
ETH is both money and a world computer. 1) ETH as money: Ethereum's rollup-centric roadmap allows hyperfast, performance-optimized rollups, such as MegaETH, Nil Foundation, etc. They won't pay a lot to the ETH L1 but will extend the usability of the ETH token- which is perfect because the utility will be the same in L2s, DeFi's main liquidity hub. Same as how the US Dollar is the world's money. 2) ETH as the world computer: With native rollups and ultra-scalable blobs, we can handle 100k TPS and 0.001 dollars per transaction makes 10x more money than today's revenue, while preserving native async (or possibly) sync composability.
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Dogan
@doganeth
7702 is coming, apart from batch transactions and paymasters. What do you think 7702 will be used for? My answers would be session keys, passkey-based recovery and signing methods, and new possible applications in the chain abstraction ecosystem that will deliver its usage.
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Dogan
@doganeth
Let more people talk in the ETH channel!
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shazow
@shazow.eth
Hello, meet our fellow mods: @andreolf @chaskin.eth @dcposch.eth @doganeth @lefteris.eth @tim @trent (and myself) Need an invite to /ethereum? Reply here with your personal take on what Ethereum's vision or purpose should be. What is to you or your community? (Just a bit of effort to show you're not a bot plz.)
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Dogan
@doganeth
So, the answer here is yes. It is similar to sharding, but at least we know how to do it. We have a better research guard, and we know how to do it by creating an open market. The second question for native rollups; Isn't it introducing new systematic risks to Ethereum's social consensus? Similar to what happens when we try to unfreeze the bridge via an L1 soft fork, also be said that we should trust L1 for possible L2 bugs.
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Dogan
@doganeth
There are lots of proposals for standards, but I still can't see any of them has been winning there. What's the missing part here, and what could be done for rollup-specific cross-rollup calls?
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Dogan
@doganeth
Yes! https://x.com/doganeth_en/status/1875224140317388941
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Dogan
@doganeth
There are a lot of debates around native rollups; My first concern is whether we are reinventing sharding again and if this approach has the same problems that made us to revert sharding from Ethereum's roadmap. Trying to give answers for this.
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Dogan
@doganeth
Afaiu bitvm allow it with a 1/n trust assumption
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