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Justin Drake

@justindrake

267 Following
52526 Followers


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Edge City
@edgecity
Hi friends, we wrote a welcome essay to officially introduce our next popup village: Edge City Lanna ☀️ It will be hosted in beautiful Chiang Mai, Oct 10 - Nov 10, and will be an IRL experimentation lab for new tech, culture, and organizations for human flourishing. Check out the site for more info and how to apply: https://www.edgecity.live/lanna Also, thanks to @justindrake for encouraging us to get back into Farcaster. It's good to be back :)
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Justin Drake
@justindrake
That's exactly right :) Based sequencing is when the base layer (i.e. L1 proposers) sequence L2 blocks. Based sequencing is the most credibly neutral (shared) sequencer and allows for synchronous composability between the L1 and L2s.
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Justin Drake
@justindrake
I greatly enjoyed this episode with the new Bitcoin Suisse podcast. We touched on many topics related to ETH the asset and economics more broadly. https://youtu.be/lrFgjOc_Gkw
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Justin Drake
@justindrake
A new book on hash-based SNARKs is out! snargsbook.org The book is a comprehensive treatment of the foundations of hash-based SNARKs. Definitions, theorem statements and proofs are rigorously covered from first scratch. A monumental effort by Ale Chiesa and Eylon Yogev—the fundamentals have never been stronger :)
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Justin Drake
@justindrake
intersubjective -> intersub intersub faults intersub truth intersub token intersub security intersubly verifiable intersubly attributable intersubly slashable intersubly forkable
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Justin Drake
@justindrake
SNARK ASICs are real :) https://youtu.be/URCH2d1cdyg
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Justin Drake
@justindrake
Who are the best people at the intersection of AI engineering and crypto?
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Jason
@chaskin.eth
In this thread I'm going to break down a potential Ethereum upgrade called Execution Tickets, originally presented by @justindrake and formalized in a research post by @mikeneuder.eth. It shift's validators roles and provides a lot of benefits to the protocol 🧵 0/15
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Justin Drake
@justindrake
Response transaction here https://etherscan.io/tx/0x5f2d5aca61f230c22202279357d18f56142d1438096f25c4ed387061492a6cfd I cheapened out with a 50 Gwei max base fee so apologies if the onchain commitment arrives a bit late :)
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Justin Drake
@justindrake
🟧
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Justin Drake
@justindrake
ETs will be discussed :)
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Justin Drake
@justindrake
my MEV agenda before ETH London :) * March 12: mev.market * March 13: Ethereum sequencing and preconfs roast * March 14: talk on shared sequencing at Pragma https://ethglobal.com/events/london2024 * March 15: chain abstraction workshop https://lu.ma/CA-standards-workshop-london
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Justin Drake
@justindrake
1.5h technical presentation and Q&A on shared sequencing, decentralised preconfirmations, and based sequencing https://www.youtube.com/watch?v=eycLQCaqDsk
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Justin Drake
@justindrake
BitVM gives 1-of-whitelist optimistic rollups on Bitcoin with 2-way BTC bridges. Defi and restaking can be replicated with BTC. Imagine: * BitDA like EigenDA, boosting DA past 4MB/10min * BitFG like FFG, boosting security past PoW Wait, it's all about monetary premium? Always has been. 🌎👨‍🚀🔫👨‍🚀
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Justin Drake
@justindrake
I think the answer is yes :) bitVM has definitely made me more bullish on Bitcoin.
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Justin Drake
@justindrake
https://youtu.be/MnsjUZo7RRI?si=CnMGbS0d12bQp8yx
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Justin Drake
@justindrake
At first it was just Taiko. In the last couple weeks two more projects embraced based sequencing—announcements coming :) As awareness grows and design details flesh out, projects seriously consider based sequencing.
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Justin Drake
@justindrake
The main upgrade relevant to shared based sequencing is execution tickets. The good news is that based sequencing (with preconfirmations!) can be done without a hard fork—execution tickets make based sequencing more sustainable but are not a short-term blocker to experimentation.
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Justin Drake
@justindrake
IMO it's 80% coordination now 😅
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Justin Drake
@justindrake
Shared sequencing is to execution what danksharding is to DA. Danksharding: removes asynchrony across data shards shared sequencing: removes asynchrony across VMs With both we can fix Ethereum fragmentation.
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