good longtweet worth reading about the headwinds to crypto:

good longtweet worth reading about the headwinds to crypto: https://x.com/amitchax/status/1832925151828013271?t=wT6WSA9OFOmMSxUk5vT5rg&s=19

Speaking of Nash equilibrium where individuals freedom can be compromised 

What do you think might happen if privacy was were to be introduced to the equation?

Cause I think that might create new challenges

the silver lining is that we've been slowly but surely advancing through better problems to have.

unfettered privacy leads to collusion, on top of some pretty severe impugnity in other conduct. however, the industry figured out how to incrementally, conditionally chip away at perfect privacy, using cryptography.

here's a primer on how to deal with asymmetry of private voting: https://odyslam.com/blog/state-of-private-voting/#how-maci-works

and I think that we'll see autonomous agents start to fuzz out any remaining misincentives.

here's what Tornado is evolving into: https://ethresear.ch/t/permissioned-privacy-pools/13572

though the initial version was "too perfect" there's a controllable degradation into something that good actors can filter.

How do you see Tornado's evolution into a permissionless system addressing issues of privacy and security


I’ll read the articles when I am done with work today