Vitalik Buterin
@vitalik.eth
This is a solid demonstration of Railgun's privacy pools mechanism working in practice, allowing Railgun to avoid serving proceeds of crime without using any snooping / backdoors. How it works: * Anyone can deposit into Railgun. * After you deposit, there is a 1 hour period during which various algorithms detect whether or not the deposit likely came from what the algorithms consider to be criminal activity. * If your deposit passes the filter, then after 1 hour you can use ZKPs to withdraw privately (but ideally wait longer to get a good-enough anonymity set). * If your deposit fails the filter, then you can only withdraw back to your own address. There is no risk that your funds will get frozen/seized, you just can't benefit from the privacy pool. If you disagree with Railgun's filters, anyone is free to fork and make their own pool with their own rules, though if you can't get reasonably wide public support you're going to have a tiny anonymity set. https://x.com/officer_cia/status/1889642583971733983
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Saitama
@saitama
Hey, I just kind of fed up with the performance of $ETH. I don't wanna listen about whatever the EF is doing it, In the end why would anyone holds an asset which loses it's value over the time when there are some others are performing better. I know it's a tough job and position for you and to develop Ethereum to this extent. But for the end user what matters is the performance of Ethereum. Also there are no new applications instead of that we get new layer2s with same applications. Why would I use multiple layer 2 to use same applications and when the most folks didn't even knew the difference between them. I want to listen about the development regarding the chain not about the Foundation.
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