Ethereum

/ethereum #RunANode | control the memes control the minds paragraph.xyz/@chaskin

The main challenge with crypto regulation (esp in the US) has always been this phenomenon where if you do something useless, or something where you're asking people to give you money in exchange for vague references to potential returns at best, you are free and clear, but if you try to give your customers a clear story of where returns come from, and promises about what rights they have, then you're screwed because you're "a security". The incentive gradient that this "anarcho-tyranny" creates ends up worse for the space than either plain anarchy _or_ plain tyranny.

I would much rather see us move to the opposite situation, where issuing a token _without_ giving a clear long-term story for why it will maintain or increase in economic value is the riskier thing, and if you _do_ give such a long-term story and follow basic best practices then you're safe. Actually getting to this will require good-faith engagement, both from regulators and from industry.

This comment is way too important to be stuck on Warpcast. This is the single largest problem that cryptocurrency has.

SNARK ASICs are real :)

https://youtu.be/URCH2d1cdyg

I have a modest proposal for the crypto community 

Stop listing meme tokens on CEXs, stop listing them on token tracking sites, stop allowing them on frontends.

Exception for lindy proof-of-work meme coins like DOGE that have a good distribution and support a miner network.

A big problem in decentralized AI is we don't actually want to create a world in which you can compute any function you like in a censorship resistant way. 

Being able to compute any function you like opens up the grand payoff matrix of the world to lots of lose-lose equilibria.

worldcoin is doubling on self custody:

wallet & world id private keys already live locally on people's personal device, and now so will orb data

this gives everyone even more control over how to use it, and of course even to delete it

Seems like this will enable faceID for WorldCoin

Degen

Welcome to Degen Chain 🌹
https://syndicate.io/blog/degen-chain

So is there a plan that goes with EIP-4444 that will do some kind of distributed storage of all this old state? 

One interesting idea is a trustless bridge to Filecoin that automatically saves everything over there, with a way for arbitrageurs to feed it FIL and 1559 burn funding it

A smart contract on Ethereum that had a trustless ZK-snark bridge to Filecoin and would asynchronously store and retrieve data seems like it would be very useful. 

Ethereum blobs at 2MB/block and 7000 blocks/day is 420GB/month. All that stuff could be automatically archived for an extremely low cost.

longevity

BJ is making a network state! 

“citizens would have to forgo foods such as donuts and pizza because eating junk food would be considered 'an act of violence'. Even Alcohol would be off-limits.”

https://www.dailymail.co.uk/health/article-13214693/bryan-johnson-biohacker-anti-aging-nation.html

predictions

Here is an AI agent for prediction markets that have been building. It creates a research report and a concrete prediction of the likelihood of any event for you:
https://predictionprophet.ai/

GnosisDAO

Pinging a few experts here: @ansgar.eth @polynya @sassal.eth @bfresh 

What's the absolute lowest cost per tx/highest potential throughput chain in the Ethereum ecosystem? 

Some brief research indicates that Arbitrum AnyTrust/Arbitrum Nova is the cheapest you can get, with sub-1¢ transactions on Nova.

Seems like the answer to this is probably a Gnosis L2 with Gnosis as DA, @koeppelmann.eth suggests that Gnosis L2 can get 1000TPS using Gnosis itself as the data availability layer, which is probably a significantly better quality of decentralization than Arbitrum Nova. 

Other opinions would be appreciated!

benign-asi

We need Kardashev-I-grade civilizational infrastructure for governance of AI

-- no humans in the loop
-- mathematical proof of optimal governance decisions (in expectation) 
-- no core dependency on the legacy legal system 
-- onchain proof of compliance 
-- anyone can become a citizen/voter

Layer 1 gas is at its lowest price in quite a while.

If you have anything you need to do on layer 1, now would be the time to do it - especially if you've been waiting for cheap fees to bridge to layer 2's!

Ethereum protocol R&D. Admirer of emergent order.

Independent Ethereum educator, angel investor and advisor. 

Founder of /thedailygwei.

Community Strategy at Offchain Labs and contributing to the Arbitrum ecosystem

https://sanko.tv/BFreshHB

Hey @vitalik.eth I think a lot of people would love to hear in your rationale to give $600m in memecoins to the AI safety focused Future of Life Institute.

As we've polarized into "e/acc vs. decel" some interpreted this as you coming in on the AI Safety side...i'm sure there's more nuance here?

A lesson many tech-focused/dev founders tend to learn the hard way is this:

As a founder your role is not to build the thing.

Your role is to clearly explain your vision about the thing:
- to your team that builds the thing. And gather/motivate best team to do so.
- to the world so that they like and use the thing

The name "Cryptocurrency" is a misnomer.

Cryptocurrencies are not actually currencies, even though they are based on cryptography rather than violence. 

They're crypto-based versions of precious metals, bonds and stocks. They should actually be called Cryptometals and Cryptobonds and Cryptostocks.

There should probably be a prediction market for the ETHBTC price 3, 6, 12 and 24 months out conditional on various core protocol parameters such as the gas per block. 

@vitalik.eth - great usecase for futarchy

There should probably be a prediction market for the ETHBTC price 3, 6, 12 and 24 months out conditional on various core protocol parameters such as the gas per block. 

@vitalik.eth - great usecase for futarchy 

https://twitter.com/econoar/status/1770136717401419859?t=KzWBvRN3_OwsLN-xRsVG9g&s=19

We wanted eternal life, instead we got 140 new genders

Roko

@rokomijic