Lyron Co Ting Keh

@lyronctk

68 Following

61 Followers

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Lyron Co Ting Keh

"Wtf, we already scrapped TEEs in 2019, how can people forget" - common complaint floating around now Isn't accurate. Current discourse isn't "forgetting" and pushing the same approach again. The landscape has completely changed since 2019: - [1] Alternative risks to not deploying enclaves have increased. Eg: risk of casino winning - [2] Complementary technologies that patch up enclave shortcomings have been productionized. Eg: zkVMs - [3] Clearer now that exotic forms of cryptography won't get the job done anytime soon. Eg: attribute-based encryption - [4] New virtualization-based enclave designs available. Eg: TDX This is technology. Trying old ideas again under new conditions is the backbone of our innovation cycle. If "we've tried that already" was our industry's motto, we wouldn't have Tesla, Oculus, or even Bitcoin.

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Lyron Co Ting Keh

You think crypto infra is useless? Wrong Here's the strongest case for why these projects can be just as principled as Amazon.

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Lyron Co Ting Keh

TEEs are picking up steam! Tricks we use in our system to get the "best" security model we can: [1] Scary to depend on a small set of unstaked nodes to verify a computation. Alleviate via multiple confirmation rules like TEE attest -> TEE attest and ZKP -> TEE attest and ZKP and ... [2] Scary to depend on cloud providers with kill switches. Alleviate by spreading TEE networks across different centers (AWS, GCP, Azure) and imposing a lower bound % for independent SGX nodes. [3] Scary to depend on hardware manufacturers to not backdoor. Alleviate by secret sharing across nodes with different chips, though this only works if decryption conditions don't require the secrets themselves.

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Lyron Co Ting Keh

Does someone have a tool to port my follows to Farcaster? i.e. If I'm following someone on Twitter, I also want to follow their FC account

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Lyron Co Ting Keh

de-evolution of chain summoners w/ seed funding: satoshi w/ $0 ==> shipped bitcoin vitalik w/ $100k ==> shipped ethereum toly w/ $3M ==> shipped solana our gen w/ $150M ==> shipped a milly followers on @farcaster

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Lyron Co Ting Keh

Voice model for chatGPT 4o solves writer's block Just spoke to my phone for two hrs and absolutely churned ideas e.g. Jupiter 10m ago: "So you're toying with launching a little brother currency to tokenized $NVDA, I'm still unclear on the interface, mind being more specific?"

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Lyron Co Ting Keh

GREAT article by Nathan Allman Centered around a useful observation re how people use tokenized RWAs in the real world (lizard brain explanation below)

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Lyron Co Ting Keh

Hats off to the founders who could compete in the valley, but choose to take on real bodily risk distributing product in a developing country I grew up PH & I still get spooked by most of the stories I hear I'm too soft to be digging escape tunnels to neighboring countries

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Lyron Co Ting Keh

the type of optimism we need rn

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Lyron Co Ting Keh

my notifs are on

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Lyron Co Ting Keh

web2 optimizes for unregretted user-minutes web3 optimizes for unregretted user-dollars

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Lyron Co Ting Keh

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Lyron Co Ting Keh

Main driver of everyday crypto adoption in the US won't be payments, it'll be payouts Crypto has a clear pitch for non US citizens: access to USD What about for US citizens? They already have native USD and the rails to spend it So, not spending. What about earning?

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Lyron Co Ting Keh

Not all meme coins are ponzis DOGE / WIF / DEGEN aren't Diff? They aren't zero sum. They meaningfully expand the market for cultural artifacts Lot of launchpads today optimized for PnD Genuine opportunity in creating a launchpad that's optimized for making the next DOGE

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Lyron Co Ting Keh

CEXs take "owning the user relationship" to the next level At least in the traditional world I don't need to go through Bank of America to use Youtube CB is already steamrolling the rollup part of the stack, now might with wallets too Happy they're good actors (for now)

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Lyron Co Ting Keh

Underrated reason for lack of consumer builders: Embarrassing to tell your mom / girlfriend / mentor / deli guy what you do I milk the fact that "cryptography" sounds fancy to regular people Can't spin @friendtech.eth, even though it was the most interesting experiment of 2023

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Lyron Co Ting Keh

why do we call them "intents" lol just say cross-chain swaps

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Lyron Co Ting Keh

Have been using this framework when thinking about consumer: Hit crypto native dapps let users buy something that goes up Breakout apps that we've seen have either innovated along 1) how to buy, or 2) what to buy Has helped me get in the greenfield mindset for both:

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Lyron Co Ting Keh

working on a startup is so fun it’s like a hackathon but it never ends

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Lyron Co Ting Keh

Privacy is all or nothing (at the technical level). You can't have one component here or there be private. The entire value chain needs to be. Any kink in the chain demolishes privacy guarantees. Why? Quick example. Suppose you had a DEGEN position on Base worth $1M. ...

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