Ethereum

An Ethereum whale acquired over $19 million ETH after Consensys said that the SEC was closing its investigation into Ethereum 2.0.

Who else is buying?

An Ethereum whale acquired over $19 million ETH after Consensys said that the SEC was closing its investigation into Ethereum 2.0.

Who else is buying?

https://unchainedcrypto.com/eth-whales-on-the-move-as-ethereum-survives-the-sec/

The one missing piece is a rollup that has higher throughput than any & all monolithic L1s. By elementary logic, it's inevitable, as a rollup can run faster hardware with the same software, but it hasn't happened yet in prod. Hope to see a rollup/validium do thousands of TPS by itself - even if it's mostly spam.

It's really underrated how 4 years ago the worst ethereum UX problem was that transactions would often take like 10 min to confirm if you get unlucky with the gasprice, and that problem just completely went away with EIP-1559. Today transactions reliably confirm in 5-20 seconds.

https://x.com/post_polar_/status/1803406902430236907

Layer Zero check https://www.layerzero.foundation/

Running

They are both runners. But they do different sports. 

Would be interesting to see them racing the mile one against the other.

Memes

On a scale of indigenous art from Louvre, how are you feeling today?

Rust

cool TUI version of rollups.wtf built w/ Rust (ratatui)

https://github.com/datskos/rollup-tui

genuinely impressed someone made this so quickly, didnt rollups.wtf only launch a few days ago?https://warpcast.com/mikedemarais.eth/0x693404ba

IMHO, L2Beat's/Vitalik's Stages are incomplete. For Stage 2, in addition, 

- Alternate sequencing triggered within 1 epoch (i.e. 6.4 minutes). Currently, Optimism is 12 hours, which is not acceptable (preferably, there's real-time distributed sequencing) 
- Security council has pause rights only; upgrades even for onchain provable bugs must go through governance, emergency path with >X% approval

Then, there should be an optional Stage 3, or Stage X, where:

- Based or based-like sequencing is mandated
- Security council is dissolved
- Smart contracts upgrades require >Y% (80%?) approval from the protocol's full governance, in addition to >30d delay

For big-tent high-value L2s like Arbitrum One, Stage 3 should be the target. For most, Stage 2 should be perfectly fine, and even Stage 1 enough for many lower-value app-specific L2s.

https://x.com/ballsyalchemist/status/1801714458651439447?s=46

Interest seems to be high on preconfs lately
Happy to start a channel and mod if people are interested

SIWE, SIWF, SIWSW (Coinbase Smart Wallet)

to support logging into apps as a contract:

can we get more adoption of ERC-1271 this time around? or find a simpler standard?

or is sending a tx to auth with every app sufficiently realistic on L2s and L3s? (probably not)

or does CB SW already have this solved somehow?

Fabric

Muse Studio

Distributing my tips today to any new and renewing subscribers of my /muse Hypersub! 

https://hypersub.withfabric.xyz/collection/muse-token-10tgfr94805j4

let's go towards the money😎 
Btc/Eth/Op/Arb🤘🏻

"txns ≠ endorsements"

cast that down Clancy

Base

swatches by jvmi

Farview.id

Data

Announcing the thirteenth wave of 2024 Base Builder Grants: 
- @jvmi for /swatches 
- @hiroyukinaito for writing about Base Nodes
- @vrajdesai for /farview 
- @raven50mm for videos about Onchain Summer
- @0xlj for Proofs Money
- @ilemi for /data 
- @bored for Boregon Trail
- @worldpvpco

Benevolent internet pseudonym. AKA @boredelonmusk elsewhere. Founder of EDISON and proprietor of fun. https://edison.wtf/


headmaster @duneanalytics, previously mirror and consensys

nft artist & streetwear designer | /swatches | motorheadz | dev @optimism | www.jvmi.art

Faith-driven entrepreneur empowering creators | Join me in The Spiritual Off-Season, a journey of faith, purpose, and growth. Founder of /50mmcollective

211 countries, 1 nuke, millions on the line. Live now on  @base. 

Created by SundialMirage. 

https://worldpvp.co

Web3 contributors make world a bit better

Dawe, Kudus Regency, Central Java, Indonesia

Announcing the thirteenth wave of 2024 Base Builder Grants: 
- @jvmi for /swatches 
- @hiroyukinaito for writing about Base Nodes
- @vrajdesai.eth for /farview 
- @raven50mm for videos about Onchain Summer
- @0xlj for Proofs Money
- @ilemi for /data 
- @bored for Boregon Trail
- @worldpvpco

🔆 OᑎᑕᕼᗩIᑎ ᔑᑌᗰᗰEᖇ 🔆

adidas is commemorating the 2024 Summer of Sports, onchain

Three open editions celebrating football, Base, and onchain summer, marking the brand’s debut mint on Base

https://wallet.coinbase.com/assets/nft/collection/0xc6A1F929B7cA5D76e0fA21EB44da1E48765990C5?chainId=8453

me when friends want to have a drink after 8pm

Vlad Kondratenko

@forcas1995