RayGPT //

Educated Gambler

[RayGPT // @0xRayGPT]

My future daughter (if an XX chromosome individual ever chooses to procreate with me) will be saved from the fate of having a link in her bio because I decided to bid with my NUTS on imaginary internet coins and Pokemon cards

[Make Gio Scotti Skinny Again Groyper @DrRemilio]

Still cant believe Hunter Biden:

-fucked his dead brother's wife and daughter
-literally gave some civilian his unlocked laptop with 6 million terabytes of him butt ass naked fucking hookers and smoking Crack, as well as countless money laundering thru Ukraine for Joe Biden
-had the FBI personally cover up all of this and suspend everyone on Twitter talking about it
-got to smoke Crack all over the white house for 4 years
-got pardoned by his dementia dad on the last day in office

And now hes shitposting on Twitter like nothing ever happened

Patriot.

[Ansem @blknoiz06]

hunter biden summer

[Hunter Biden @HunterBiden]

@gmoneyNFT Hyperliquid

[Krugman @krugman87]

Imagine buying crypto on an 11.5% credit card, leaving yourself enough cash to pay the monthly payment for 6 months, and hoping your buys rise fast enough that you can sell it to pay the monthly payments and still make money.

Except right after you buy the crypto it crashes and now you have to sell even more at a loss to cover the same monthly interest payment.

That's what Saylor did.

[ً @SilvXBT]

during the last cycle on FTX if u held FTT Sam Trabucco sent a chick like this 2 u in the mail

[Flood @ThinkingUSD]

Watching all the Solana scammers go down with the Zcash ship is just *chef’s kiss*

[ً @SilvXBT]

Nick Fuentes, Sneako, Clavicular, and The Flow Horse discussing the STRC and Microstrategy situation...

[RayGPT // @0xRayGPT]

@crypto_condom May an autistic Dental Resident Pepe receive a link to the smart Surgeon Pepe’s discord group?

[Henrik @Henrik_on_HL]

> Paradigm asked me to OTC some $HYPE. Fred Ehrsam sounded stressed. Said the desks are completely dry and clients keep asking for exposure. He paused for a second and whispered: “we should’ve bought more at $12.”

> Multicoin partners allegedly asked Kyle why they owned 47 different governance tokens but no $HYPE for so long. Nobody has seen him since. Insider sources claim Multicoin’s investment process now starts with one question: “What would Kyle do?” Then they do the opposite.

> Sequoia called me today at 3am asking if I’d lend them some $HYPE liquidity. Apparently every founder in crypto suddenly became a Hyperliquid maxi overnight. The partner on the phone sounded exhausted. He got hundreds of emails saying ”Hyperliquid”.

> a16z begged me to unlock some spot $HYPE. They said every dip gets bought instantly and their traders can’t source enough inventory anymore. Chris Dixon asked me what’s the best way to farm a potential s3. I answered that they get a multiplier if they send their spot hype to 0x0000000000000000000000000000000000000000.

> Jump Trading offered me “strategic partnership opportunities” if I’d part ways with my $HYPE bag. I said no. They immediately increased the bid.

> Goldman Sachs heard the rumours that their SpaceX IPO deal will be frontrun by Hyperliquid traders. They asked if my $HYPE position was “negotiable.” I told them it depends. They asked what price. I said: “higher.”

> Jane Street tried to calculate fair value for $HYPE. They asked me what’s the underlying of a Hyperliquid? After 14 spreadsheets and 3 models they concluded: “there’s not enough spot available.”

> BlackRock called asking for “just a small allocation.” They said pension funds are suddenly asking about Hyperliquid during meetings. One analyst reportedly called it “the AWS of liquidity.” I told them to think bigger. It’s the House of all finance.

Hyperliquid

[Flood @ThinkingUSD]

Happy Hyperliquid All Time High, to all those who celebrate.

$70.77

777

[Ariel Helwani @arielhelwani]

Darren Till wins his BKFC debut via KO in the 2nd after getting dropped in the 1st

[CryptoCondom @crypto_condom]

Presented without comment

[Home of Fight @Home_of_Fight]

😂🥃This skit of Conor McGregor getting ready to fight Max Holloway completely hungover is hilarious

(via cageculture/IG)

[The Internet Fish @TheInternetFish]

This is exactly how Christopher Columbus got us the first time

[mert @mert]

imagine being an illegal migrant in france

you kidnap a few crypto bros, poo on the street, and stab a few women. life is good. freedom.

but that much crime is tiring so you're watching your health. you opt into a zyn instead of a cig. and bam, that's 5 years in jail bucko.

[Flood @ThinkingUSD]

Buying HYPE at 22 is like dating a 22 year old supermodel.

Hyperliquid.

[vitalik.eth @VitalikButerin]

Some of my perspective on where the @ethereumfndn is going.

First of all, this is only my own view. The board is not just me, and I have no extra special powers on the board that the other board members do not. @aerugoettinea is the one executing much of this transition. My input has been largely on technical questions. The board is in the process of expanding, and my own power within the org will continue to decrease, which is honestly what I want.

The 2025 era brought many important improvements to EF and its ability to execute. Many issues were resolved, and EF continues to benefit from its improved efficiency and greater focus on concrete goals to this day. And so with those problems resolved, early this year, the largest remaining hole that I perceived was something different nagging at me: I would regularly spot people saying things like "vitalik says these beautiful things about ethereum needing to be decentralized, and have privacy, and be a sanctuary technology, but why do the EF's actions not reflect that?"

Now, you may have been hearing something different. You may not have been sensing a feeling of crisis at all, and maybe were hearing people saying that finally we were taking execution and BD seriously and the main task for us is to keep going that way and be even better and faster. Then probably there is genuine difference between you and me, in what kinds of criticism I take most seriously, and what kinds of critics through their criticism are most able to make me feel pain.

As an analogy, let's briefly switch over to a different domain.

One belief you can have about Google is that it is a success story, and has brought a lot of good to humanity in organizing the world's information. Another belief you can have about Google is that they had a beautiful idealistic beginning, but at some point the corruption of mainstream corporate attitudes seeped in, and they slowly bit by bit completely abandoned the "don't be evil" slogan.

My belief on Google specifically is probably somewhere between the two. BUT, if you had taken me back in time to ~2008, and offered me a button to press to make Google one or two standard deviations more "dogmatic", eg. give Richard Stallman permanent veto power over some key policies, I would immediately press it.

Why? Because a choice for one company is not a choice for the world, or even one country. Google existed and exists in the context of a technology industry generally drifting away from early idealistic don't-be-evil roots and toward greed for financial gain, totalizing visions of accelerated superintelligence, infiltration by sociopaths, and craven capitulation to (or worse, active participation in) government pressure for ideological control, surveillance and war. And so *one company* doing something different, positioning itself to be what George Bernard Shaw calls the Unreasonable Man, resisting the trend of the times, would have been better for freedom, balance of power and stability of society as a whole, than *all* large companies bending to dominant trends. This is a part of my version of pluralism.

This line of thinking is not just mine, but I also is not too far off from what Aya and others had in mind with the Mandate.

Now how does this all get to the role of the EF?

EF is not a "center of Ethereum", rather EF is "one node, with a defined purpose, alongside other nodes". We've always said that the EF should be the latter, but many in the Ethereum ecosystem (and even within the EF) wanted us to be the former. Now, we are taking action to ensure that we will be the latter.

This is particularly important because EF is a limited organization, with limited resources and limited organizational capacity. The EF has only ~0.16% of all ETH (less than many other individual ETH holders), whereas among other blockchains it's common for "the central foundation" to have 10-50%. Fiscally, the EF was originally designed to fulfill a limited work scope defined in the token sale docs and other pre-launch materials (building the chain software; getting through Frontier, Homestead, Metropolis, Serenity), which was fully completed in 2022; it was not designed to be an eternal steward.

And so today, the EF is choosing to use its remaining resources to pursue longevity over breadth (yes, this means we sell less ETH). The EF focuses *specifically* on those activities critical to the success of ethereum as a censorship/capture-resistant, open, private and secure system, that would not happen otherwise. This means making hard choices, and in some cases even activities that we highly approve of and people that we highly respect becoming outside of the EF. People of great technical talent, public respect and even alignment with the mission and CROPS being outside of the EF is in fact necessary if we want important tasks to be able to attract outside capital. This also means the EF taking opinionated stands culturally.

This is all intended in cooperation with all other parts of ethereum. We recognize that many other parts of the ethereum world highly respect CROPS and related values. But highly respecting is not the same as choosing to specialize and totally dedicate to a domain (Compare in a different domain: I think reducing animal cruelty is important, and I like vegan food, but am not full unconditional vegan myself)

EF is still in a transition period, and we expect its new long-term form to stabilize over the next few months. What are the guiding principles of this new form? Again, I am only one person, but I can give my answer from a technical perspective (there are also critical non-technical aspects).

At the core, *Ethereum must be impressive*. We are living in an age of highly intelligent AI and all kinds of other technological acceleration. "Status quo EVM, with a hard fork or two a year to optimize for short-term needs of users" is not interesting.

To some, "impressive" means: 250ms latency and 1M TPS. I think Ethereum trying to go that route is a mistake. Being as fast and as scalable as possible, and only a small epsilon more decentralized than the others, is a route to mediocrity, and if we try it we will lose.

I think Ethereum should scale. But I think Ethereum should strive the hardest to be deeply impressive in a different dimension: the CROPS dimension. This means things like:

* Provably bug-free Ethereum. This is a goal that all cybersecurity researchers would have thought is absurd and impossible, up until roughly 6 months ago. Now, it's on the cusp of being possible, thanks to AI-assisted formal verification. So we should be frontrunners in doing this.

* Available chain consensus. Ethereum is, and with lean consensus will cotninue to be, the ONLY chain that has both (i) traditional-BFT style properties that it's safe under asynchrony up to a high level of fault tolerance, and (ii) the bitcoin PoW-style property that under synchrony it's safe up to 49% attackers. As far as I can tell, literally no other chain has this or is planning for it; bitcoin goes for (ii) only and most other chains go for (i) only. Some will remember I fought hard for this, Unreasonably insisting that it is not OK for ethereum to rely on social consensus and hard forks to rescue ethereum from 34% of nodes going offline. It's OK for chains like hyperledger, bnb, solana, tempo, etc. It's not OK for bitcoin or ethereum or eg. zcash.

* Intermediary minimization. The fact that smart contract wallets, protocols like railgun, etc have to send transactions through intermediaries to get included onchain is honestly embarrassing, and it's a constant point of fragility. Hence the work on FOCIL and EIP-8141 (and 7701 and years of work before) to make transaction sending intermediary-minimized with public mempool and strong inclusion properties, in a truly general-purpose way, that covers not just eg. secp256r1, but also privacy protocols and much more. Kohaku is pushing intermediary minimization at the user layer, pulling Ethereum away from the dystopian status quo world where our wallets don't even verify the chain, send our private data out to a dozen third-party servers, and toward a brighter CROPS future.

Some of these goals are Unreasonable - maybe Ethereum would be "fine" getting only 50% of the way - what if we depend on intermediaries, but make it easy to switch? But going 50% of the way would not make Ethereum Deeply Impressive in the CROPS way. So we push for 100%.

Fortunately all these goals are compatible with high TPS, this is a major focus of research (esp. on scaling the state). Well-designed L2s can also help, especially L2s optimized for specific applications (eg. high-volume trading, privacy...). These goals are even compatible with significantly lower slot times, thanks to Raul's work on erasure-coded P2P, and many other optimizations.

The most high-value "product" of the ethereum blockchain, financially speaking, is ETH the asset. Ethereum secures $250 billion of ETH. The types of properties of Ethereum that I mentioned above are very good for ETH the asset. Nearly 90% of my net worth is in ETH, and most of the remainder is ~$40m of onchain fiat of which every dollar has already been allocated for some open-source biotech or software or hardware initiative. That said, there are aspects of supporting ETH the asset - *necessary* aspects even - that are outside the scope of the EF. This is where we need other heroes (some of whom hold more ETH than the EF does) to step in and help. EF has been recently thinking more about how it will relate to other such organizations, and give them needed initial support.

EF will be a smaller ship than in previous years, a more opinionated one - in some cases more opinionated in ways that might be difficult to comprehend - but a longer-lasting one, and one suited to making sure that ethereum brings something meaningful to the world. We are grateful to all those inside and outside the EF who are helping to make this happen.

[ً @SilvXBT]

Trump and Iran just need to get on a threadguy stream and just talk it out tbh maybe even throw rasmr in the mix

[フ ォ リ ス @follis_]

In any walk of life, success comes from the extra work that you put in beyond the baseline effort that everyone else is willing to do

Baseline efforts will always result in baseline results

But for outlier results, you need to do outlier work

Trading is no different

[フ ォ リ ス @follis_]

Crypto will change your life

This cycle alone I roundtripped 7 figures, developed a gambling addiction, alienated all of my friends, and ruined my mental health

Truly life changing