Against choosing your political allegiances based on who is "pro-crypto"

https://vitalik.eth.limo/general/2024/07/17/procrypto.html

It's really underrated how 4 years ago the worst ethereum UX problem was that transactions would often take like 10 min to confirm if you get unlucky with the gasprice, and that problem just completely went away with EIP-1559. Today transactions reliably confirm in 5-20 seconds.

https://x.com/post_polar_/status/1803406902430236907

Fed Interest Rate Decision

Date: 13 Jun '24 03:00
Actual: —
Forecast: 5.5%
Previous: 5.5%

Actual > 5.5 ?
Actual = 5.5 ?
Actual < 5.5 ?

Inflation Rate YoY

Date: 12 Jun '24 21:30
Actual: —
Forecast: 3.4%
Previous: 3.4%

Actual > 3.4 ?
Actual = 3.4 ?
Actual < 3.4 ?

Core Inflation Rate YoY

Date: 12 Jun '24 21:30
Actual: —
Forecast: 3.5%
Previous: 3.6%

Actual > 3.5 ?
Actual = 3.5 ?
Actual < 3.5 ?

Inflation Rate MoM

Date: 12 Jun '24 21:30
Actual: —
Forecast: 0.1
Previous: 0.3

Actual > 0.1 ?
Actual = 0.1 ?
Actual < 0.1 ?

Core Inflation Rate MoM
Date: 12 Jun '24 21:30
Actual: —
Forecast: 0.3
Previous: 0.3

1. Actual  > 0.3    ?
2. Actual  = 0.3   ?
3. Actual  < 0.3   ?

The table displays the second estimate of the quarter-over-quarter GDP growth rate. The actual figures have not yet been released. The forecasted growth rate is 1.3%, while the growth rate for the previous quarter was 3.4%. This information suggests a slowdown in the recent economic growth rate.

It's not for founders, but it is for VCs. A subtle but important distinction that also shapes the patterns we see in many other spaces.

https://x.com/tszzl/status/1795349994113057041

Ethereum

One important difference between shards and rollups that I did not get into is *upgradeability*: shards would upgrade their EVM automatically, rollups need their own governance. But could we change that? (thread)

#ETH #ETF

4 PM Eastern Standard Time (EST) on May 23rd in the United States corresponds to 5 AM on May 24th in Korea.

How do layer 2s really differ from execution sharding?

https://vitalik.eth.limo/general/2024/05/23/l2exec.html

Geopolitics

This may be the strongest case for authoritarianism:

https://www.noahpinion.blog/p/how-liberal-democracy-might-lose

Basically: the war for people's hearts and minds has no stable equilibrium except local hegemony of one dominant elite, much like (and for the same reasons as) what Hobbes pointed out for regular war.

This is a good decision. Preferenxe falsification is a big problem in society and we need to see people's honest views. It would be really cool if Farcaster follows it, by implementing ZK likes. Can probably borrow technology from zupoll.

https://x.com/wanghaofei/status/1793096366132195529

I'm really proud that ethereum does not have any culture of trying to prevent people from speaking their minds, even when they have very negative feelings toward major things in the protocol or ecosystem.

Some wave the ideal of "open discourse" as a flag, some take it seriously.

Grats @dankrad @karalabe.eth you got me to interrupt my work on EIPs and make a twitter response that turned into an unscheduled poast 😀

https://vitalik.eth.limo/general/2024/05/17/decentralization.html

반모 banmo

비트 메로나 양봉기원 오늘부터
녹색만 먹고 마신다🍈

Here's an EIP for adding a separate gas type to calldata, and putting the three gas types into a single harmonized system:

https://github.com/ethereum/EIPs/blob/4020064d72da32adc691cf1906f466a2c03b00f5/EIPS/eip-7706.md

Hopefully it can make the discussion on what "multidimensional gas" might look like more concrete!

Gray Tribe

Moving from downtown SF to a suburb of SF does not count as "leaving San Francisco".

You're still using the same airport. You're still able to have in-person meetings with the same people. Travel time from SF downtown to your new place is significantly less than between two opposite ends of Beijing or Seoul.

SeoTJ

@seotj