Ethereum

Revisiting this post. I now believe this was an overestimate, now that we are demand-limited with clear data for over a year instead of supply-limited like we had been for the first ~15, I have a better understanding of strict global consensus, and fintech continues to progress rapidly, particularly in Asia and Africa.

I still believe demand will grow over time, but the endgame "cliff" for "valuable transactions that need full Ethereum security" will be much lower than I had thought in 2022.

It is important to consider the evidence instead of blind hopium and entitlement as increasing blob supply callously has clear tradeoffs socially, technically and economically that can compromise Ethereum's core values for zero gain.

Needless to say, as usual, I was accused of being too pessimistic in 2022 when in reality even I was being too optimistic. Given prior history, it's likely I'm still too optimistic!

https://polynya.mirror.xyz/gm6bUvvDF-sQAt7HuU6kRKCLIT9tAuaSCxHeNFdDVHk

This is one of the best blogposts in all of crypto.

🎉 It's here! Episode 2 of zkMarek is live!

📺 Dive into how #Ethereum transactions are cryptographically secured with the DSA algorithm.

🌅 Featuring stunning visualizations in the 3Blue1Brown style.

💬 Watch and share your thoughts in the comments!

🎉 It's here! Episode 2 of zkMarek is live!

📺 Dive into how #Ethereum transactions are cryptographically secured with the DSA algorithm.

🌅 Featuring stunning visualizations in the 3Blue1Brown style.

💬 Watch and share your thoughts in the comments! 
https://www.youtube.com/watch?v=wGl4EMUB3Hg

Building the first trustless P2P fiat onramp powered by zk proofs. Grantee PSE and Ethereum.  ZKP2P alpha is live - try it out at http://zkp2p.xyz!

Just tried @tlsnotary-based @zkp2p for onramp and I'm blown away by the speed and smoothness. Keep an eye on this tech; the next big crypto app might be notarized!

consensus-2024

Trustless verifiable data infrastructure powered by zero-knowledge proofs

🚨 Exciting announcement! 🚨

Join us on Tuesday, June 11 at 2 PM UK/9 AM NY for the X Spaces event with @aztecnetwork 🚀. Zac Williamson and @jaosef will chat with our cofounders @rvreth and @zkmarek about building in Noir, vlayer, and other /zk topics. Don't miss it!🔥

Will be moderating this. Let's come and hear the story behind the partnership, Noir and some spicy takes on SNARKs.

🚀 Excited to introduce vlayer!

We're creating an all-in-one infrastructure for developers to extract, verify, and integrate real-world data into Ethereum smart contracts as trustless, anonymous claims. 🔒💡 Using advanced zero-knowledge proofs, we're pioneering trustless verifiable data infrastructure. 🌐💪

I'm too excited to join @vlayer as a technical writer 💻

Music

Liked this a lot when I was younger - will check the remaster. Jane Doe is still my fav album ever, 15 years after the first listen.

I read Vitalik's "Proof of Stake" but can't recommend it. He selected which essays to publish, but they are not directed to a crypto-native reader. For those just discovering crypto, the book can be too advanced, so I'm not sure who the book is intended for.

New blog post alert: Intro to Parallel Execution

New blog post alert: Intro to Parallel Execution

https://rafal0x.substack.com/p/intro-to-parallel-execution

Decentralizing crypto infra is essential; apps not so much due to the real-world exposure they need (study stablecoins).

Opepen

Growth is infinite. Work is worship.

/vv /opepen /checks

hey Jalil, in the "Sets" section, can we reverse the order so the newest collections are on the top? I find myself always scrolling to see the most recent ones.

It's amazing how proof of work was a proof of concept for blockchains and enabled proof of stake.

Otherwise, no one would believe some coins are worth anything, and securing a network with them wouldn't be possible.

PoW couldn't be circumvented.

ZK is math, not magic. Y'all know what's more magical? Law. You say an innocent "yes" and suddenly your TVL is split between you and your partner. For other examples please live life.

With fraud proofs in optimistic rollups, your trust assumption is 1 of N honest validators. In zk rollups, you hope that a circuit is error-free. These are complex and exploitable systems.

IMO, we'll have a huge rollup fuck up within 2 years. No idea which type, but with fraud proofs I may prefer the security of OR.

Lessons from $STRK airdrop: 
- Point system engages better and reduces guesswork
- Some teams should learn customer obsession from JeffBezos

Rafal

@rafal0x.eth