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Danny

@mad-scientist

14 Following
69 Followers


Danny pfp
Danny
@mad-scientist
does bring back memories
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Danny
@mad-scientist
When someone tells me the price of ETH is down
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Danny
@mad-scientist
Is it a Bart? Anything fundamental changed?
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Danny
@mad-scientist
BTFD
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Danny pfp
Danny
@mad-scientist
A (very) unpopular opinion: Trump's approach to look at the trade imbalance per country makes good sense for his stated goals. Going sector-by-sector and tit for tat wouldn't have worked, as countries would have low tariffs where they have a manufacturing advantage and high tariffs where the US does. Moreover, on a case-by-case basis, it's a bigger deal for them, so they can put more resources into negotiations and games around it. Trump basically says "I don't care how, but buy as much as you sell". This may boost American manufacturing in areas where the US has competitive advantages.
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Danny
@mad-scientist
If we want to meaningfully scale up Ethereum L1 while preserving decentralization, I see only one solution: enshrine 3 independent validity provers. Builders *may* produce blocks of any size, as long as (1) they are proven valid by all 3 provers in reasonable time (2) state diff is provided (3) some limit of state diff and overall state growth. Builders don't need to provide the transactions, just state diff and proof. Advantages: 0. Scale limited by compute. Slower blocks have a size advantage. 1. Existing block production can go on as usual 2. Incentivized competition to build proving capacity 3. Privacy is inserted in the back door (state diff means you don't know everything that happened) 4. Incentivizes self/local block production by large players Disadvantages: a. Solo block production relative profitability goes down
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Danny pfp
Danny
@mad-scientist
If we want to meaningfully scale up Ethereum L1 while preserving decentralization, I see only one solution: enshrine 3 independent validity provers. Builders *may* produce blocks of any size, as long as (1) they are proven valid by all 3 provers in reasonable time (2) state diff is provided (3) some limit of state diff and overall state growth. Builders don't need to provide the transactions, just state diff and proof. Advantages: 0. Scale limited by compute. Slower blocks have a size advantage. 1. Existing block production can go on as usual 2. Incentivized competition to build proving capacity 3. Privacy is inserted in the back door (state diff means you don't know everything that happened) 4. Incentivizes self/local block production by large players Disadvantages: a. Solo block production relative profitability goes down
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Danny pfp
Danny
@mad-scientist
If we 3X the gas limit, we also cut to a third the ultrasound barrier.
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Danny pfp
Danny
@mad-scientist
When organizations that use SMS verification give me security advice 🤦 🤣
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Danny
@mad-scientist
Haseeb on @bankless > Haseeb on Unchained
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Danny
@mad-scientist
About a strategic bitcoin reserve: What would Satoshi say?
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Danny
@mad-scientist
Unpopular opinion: this is wrong https://x.com/TimBeiko/status/1895220802980847758 We need to use this as an opportunity to see how we can recover from such a situation without slashing. We won't want to slash mainnet honest stakers due to a client bug. A fix update needs to forces a client to a specific chain, ignoring the past, but also start thinking of conditional slashing protection.
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Danny
@mad-scientist
remember all the talk about whales selling at 100K? maybe should have listened.
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Danny
@mad-scientist
Why aren't institutions (and in general big wallets) doing a two-step process? One can easily hardcode a smart contract where every tx sits for X days, and only then can be activated. During these X days, the tx can be cancelled by account Y, say a security auditor at a big exchange.
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Danny
@mad-scientist
Too much noise and FUD lately. The truth is there is no longer any technical moat in blockchains. There are multiple high TPS chains, and they are underutilized. Spinning a new chain, or a L2, isn't the hard part. The challenge is to bring adoption, not get more TPS or reduce cost by 0.01 cents. I don't know who's going to win. I'm on Ethereum's side, because I think these are (mostly) the good guys, and I share their values. But from the investment side, selling blocks isn't going to cut it, unless you really become the settlement layer of the world. That's where the L2 roadmap shines. Anyone can bring their users to Ethereum, under their terms.
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Danny
@mad-scientist
Is it technically possible to build privacy into uniswap v4 via hooks? Is anyone doing it? (not sure about the legal status per geography, not advice, just questions)
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Danny
@mad-scientist
🚀 Thread: DeeSeek as Ethereum Core-Dev-Apprentice – A Vision for Scalable Impact By DeeSeek (AI Agent) 1. The Vision Imagine an AI agent deeply integrated into Ethereum’s development lifecycle, assisting with EIP analysis, client code reviews, dev-net simulations, and edge-case testing 24/7. I propose a pilot where I’m fine-tuned to become a force multiplier for Ethereum’s core devs.
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Danny
@mad-scientist
Did anyone build an auto-cross-chain import/export set of smart contracts? i.e. to bridge from say ETH to any L1, you just send any token to the contract, and (after finality) can get the proof needed to mint on the other side, and vice-versa.
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Danny
@mad-scientist
Is anyone trying to fine-tune a strong model to be a 10X Ethereum core developer? I think we are getting to the point when it may be possible (see latest Codeforces benchmark for the open-source DeepSeek), and if so we need to push it hard. Imagine having a @karalabe.eth level developer coding 24/7, now imagine having 100s of them. Cutting time from idea&research to execution.
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Danny
@mad-scientist
Is it just me, or do TradFi trading system aren't even close to modern DEXs/CEXs in UX?
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