I have nothing but respect for @VitalikButerin, but focusing on upgrading @ethereum to RISC-V is a giant side quest and would be a colossal strategic mistake: - Execution layer ossification and efficiency are goals in fundamental tension - "zk" (or succinct) VMs all rely on special precompiles anyways - RISC-V would do nothing to address @ethereum's DevEx and UX fragmentation problems or provide privacy-preserving apps, which people want way more than marginal efficiency gains
In my view, @ethereum should focus on something else, and time is running out for strategic vacillation.
Quick update on the @namada shielded airdrop to @zcash: @heliaxdev does not have the resources to commit to this work in Q3, so in lieu of that I'm offering a $20k bounty (payable in ZEC/NAM/USDC) to anyone who implements a full prototype that can be verified + tested. Link 👇
"Cryptoeconomics" isn't a real field, it's just cybernetics rebranded, in denial of actual history. Distributed consensus systems and practical zero-knowledge proofs are real progress in the possibility space, but they don't merit a new field.
The problem with the @ethereum EVM is that the state architecture is incompatible with privacy and incompatible with multichain state. The problem with the EVM isn't the ISA. Just add `EVAL` and JIT bytecode sequences if you want to optimize stuff (like jets in @urbit Nock).
I just shielded 1000 @noble_xyz USDC on @namada, and I want to give it away in the next 24 hours to the first 100 folks who help us product test.
Rules: 1) Shield some assets using @namada. Here's a guide: https://t.co/PX4xgQxgUj 2) Q/T this tweet with a screenshot of your shielded assets, your znam address, and any feedback on your experience / what could be improved / what you might want to do with @namada. 3) First 100 folks to do so will get 10 USDC as thanks for product testing! It may take me a day or two to go over everything, please have patience if I miss you by accident.
coinbase is lame but this problem is structural, it is not specific to them. data exfiltration is inevitable.
three key ingredients: irreversible transfers + KYC everywhere + low-trust society. you can draw the conclusions. perhaps it's time for crypto to go back underground.
în fiecare zi sunt uimit că modelul de securitate al @bitcoin este pur și simplu rupt și oamenii continuă să-l cumpere, să-l promoveze și să se comporte de parcă ar putea susține finanțele mondiale. "aurul digital" nu este compatibil cu securitatea consensului Nakamoto!
What would it mean for @namada to become a composable privacy layer for the crypto/multichain ecosystem? I've investigated this product proposition and come up with an analytical frame - let me know what you think! 👇
.@heliaxdev is hiring for not one, not two, but THREE engineering positions to work on @anoma and @namada: - Applied Compiler Engineer - Distributed Systems Engineer - Protocol & Infrastructure Engineer
Find all the details on https://heliax.dev/jobs and please share!
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