Obiz

Welcome to the Meta Verse

[Obiz @0xjackerman]

If you invested $10k 10 years ago

[Bitcoin Magazine @BitcoinMagazine]

"This one time, Bitcoin went from $0.06 to $0.36 and then it crashed down to $0.21"

"Another time, bitcoin went from $0.85 to $29 and then crashed to $3"

"Another time, bitcoin went all the way to $213 and then crashed all the way to $70"

This is why we HODL! 👏

[Botworld Adventure® @BotworldGame]

Today is #FridayFanArt and we have selected the winner for this week's Botworld Adventure Fan Art Event. Congratulations to L4ZYB0N3S for this wonderful work of art. This talented Botmaster will be taking 150 Gems as a reward.

#BotworldAdventure #BotworldAdventureArt #rpg

[Watcher.Guru @WatcherGuru]

JUST IN: 🇺🇸 Pro-crypto Kevin Warsh officially sworn in as Federal Reserve Chair, replacing Jerome Powell.

[Botworld Adventure® @BotworldGame]

Today is #FridayFanArt and we have selected the winner for this week's Botworld Adventure Fan Art Event. Congratulations to Man of Still for this wonderful work of art. This talented Botmaster will be taking 150 Gems as a reward.

#BotworldAdventure #BotworldAdventureArt #rpg

[Toni Wahrstätter ⟠ @nero_eth]

Ethereum is about to fundamentally change how blocks are executed. With the upcoming Glamsterdam hardfork, it's shipping EIP-7928: Block-level Access Lists, a proposal that brings parallelization to the EVM.

Here's a short explainer of what it is, how it works, and why it's a big deal for scaling.

Let's start from the top. Alongside EIP-7732 (ePBS), EIP-7928 is the execution-layer (EL) headliner for Glamsterdam. Like ePBS, the main focus has been scaling Ethereum, though both proposals come with a bunch of other, equally important properties on the side e.g. removing trust requirements from the PBS pipeline or improving sync.

EIP-7928 adds a Block Access List (BAL) to every Ethereum block. A BAL is a list of accounts and storage slots that the block touches, but that's not all: it also contains post-transaction state diffs (this part is critical!).

Post-transaction state diffs tell you what the state looks like after each transaction. Quick example: user A swaps 1 ETH for DAI on DEX B. The BAL tells you that user A's ETH balance decreased by 1 ETH + tx fees and their nonce went up by 1; that DEX B's ETH balance went up by 1 ETH; and that inside the DAI contract, user A's DAI balance increased while DEX B's decreased.

In other words, all of that info becomes statically available, something that previously required tracing the transaction.

Client software (Geth, Nethermind, Besu, Erigon, Reth, Ethrex, Nimbus) can use this to do a few very powerful things:

1. Parallelize transaction execution. Knowing the post-state of each tx resolves the dependencies between them. No transaction has to wait on the previous one anymore, so execution can be perfectly parallelized. Instead of large parts of block validation sitting idle waiting on sequential execution, clients can finally make much better use of modern hardware.

2. Batch prefetch. One of the most cumbersome jobs for a node has been fetching the state needed for execution from disk. Because state locations (e.g. the exact storage slot in the DAI contract where user A's balance lives) are only discovered along the way, while executing, state-fetching has been a real drag on scaling: it blocks execution, takes time, and eventually slows everything down. With BALs, everything a node needs for execution is known upfront and can be loaded into cache in one go, in parallel. This speeds things up even further.

3. Parallelize post-state root calculation. Another expensive task is walking the updated state tree to compute the post-state root, which is needed so that everyone agrees on what's on disk after executing the block. With the post-tx state already in the BAL, nodes can do this in parallel while executing. A heavy task that used to wait until all transactions had finished can now run alongside prefetching and execution.

4. Snap sync (v2). An often overlooked, less sexy aspect of blockchains is syncing. Nodes need to catch up with the chain, and they need to catch up faster than the chain progresses. Today, most nodes do snap sync: downloading blocks, headers, and state in parallel while chasing the tip, and then "healing" the database once they're close to the head. Healing means asking peers for trie nodes, receiving them, validating them, and updating the local DB. It's iterative, networking-heavy, can take a while, and especially higher throughput pushes that phase to its limits. BALs help here too: with snap v2, nodes can catch up to the tip and skip the healing phase entirely. Syncing at higher throughput becomes more robust and reliable.

So, to summarize, a BAL contains two things:
-> The state locations the block accesses
-> The state changes after each tx (incl. the new values)
We're already seeing big performance gains today: on 6-core machines, EL clients validate blocks up to 5x faster, making block gas limits of 300M a very realistic outcome. ePBS will add to that by decoupling the block from the payload, giving validators 2-4x more time for execution.

To not overshoot (security stays priority #1), the fork will likely ship with a 200M gas limit, but we shouldn't be stuck there for long before pushing to 300M and beyond. That's a 10x in scaling since we started taking the topic seriously, without touching hardware requirements.

None of this would have happened without people going all-in, heads down, shipping: so many hours spent in calls debating the right design, so many iterations refining the specs, and tons of test cases written (and still being worked on). The road from whiteboard to production-ready code has been a journey, and we're not at the finish line yet, but from what I can tell, things look super bullish for Ethereum.

Glamsterdam will be a fork that shows what's possible when a distributed, decentralized community works on a shared goal, laser-focused on providing enough block space to onboard the next wave of users.

[Botworld Adventure® @BotworldGame]

Today is #FridayFanArt and we have selected the winner for this week's Botworld Adventure Fan Art Event. Congratulations to Between2Dimensions for this wonderful work of art. This talented Botmaster will be taking 150 Gems as a reward.

#BotworldAdventure #BotworldAdventureArt

[Ash Crypto @AshCrypto]

BREAKING: Japan will recognize foreign crypto stablecoins as legal payment methods starting June 1.

The world’s 4th largest economy just legalized stablecoins.

[Ash Crypto @AshCrypto]

BREAKING: The SEC is preparing to let stocks trade on the blockchain.

Stocks like $AAPL and $TSLA could soon be traded 24/7, just like crypto.

[Cris Reed 🎙️Bitcoin Mindset Podcast @CrisReed]

Increase their salaries by 2%

Then increase the monetary supply by 8%

Now call “savings” their bank accounts that give them 1%

Then call the “risk free rate” 4% tied to T Bills to trick them into thinking inflation and cost of living is only 2% accelerating only as fast as their salary

Then have riskier debt instruments (IG - junk - private credit) pay 5-8% to make them think they’re outpacing monetary debasement

Then call bitcoin a scam so they will be distracted and stay on the never-ending hamster wheel

[Bitcoin Archive @BitcoinArchive]

JUST IN: 🇮🇷 Iran will settle payments in Bitcoin on the newly launched “Hormuz Safe” insurance platform for ships passing through the Strait of Hormuz.

Cryptographically verifiable confirmations for shipments through the Persian Gulf — expected to generate over $10 billion in revenue.

Nation-state Bitcoin adoption accelerating. 🔥🚀 ​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​ bitcoin:native

[naiive @naiivememe]

tweet of the month

[The Bitcoin Conference @TheBitcoinConf]

🇺🇸 Senator Bernie Moreno says he was the first American to pay taxes with #Bitcoin in 2016 👀

Sen. Moreno: "I paid $3,000 in taxes with 2 BTC"

Sen. Scott: "The $3,000 would today be worth how much?"

Sen. Moreno: "Too Soon." 🤣

[Bitcoin Magazine @BitcoinMagazine]

BREAKING: 🇺🇸 Senate Banking Committee PASSES the Clarity Act in 15-9 vote.

The bill now goes to the full Senate.

[Crypto Tice @CryptoTice_]

BREAKING:

Europe is considering Ethereum as the settlement layer for a Euro stablecoin.

Not a pilot. Not a sandbox test.
Real financial infrastructure.

For sovereign money.

The ECB's Christine Lagarde said Bitcoin would never enter European reserves.

Now Europe is evaluating Ethereum to settle the Euro itself.

Public blockchains are moving from crypto markets.
To institutions.
To governments.
To sovereign settlement layers.

This is not about hype anymore.
This is about who controls the financial rails of the future.

And Ethereum just entered that conversation.

[CryptoGoos @cryptogoos]

BIG NEWS FOR THE CLARITY ACT

🇺🇸 $7 trillion Fidelity just announced support for the crypto CLARITY Act, says it will "ensure the US remains a global leader in digital assets."

ITS TIME! 🚀

[Watcher.Guru @WatcherGuru]

JUST IN: JPMorgan to launch tokenized money-market fund on Ethereum.

[CryptoGoos @cryptogoos]

🇺🇸 $4 trillion Bank of America is now also hiring Bitcoin & crypto experts.

THE RACE IS ON

BUCKLE UP 🚀

[Rob @robgarmen]

$BTC stack is loading…

[Merlijn The Trader @MerlijnTrader]

BREAKING:

🇺🇸 $14 trillion just chose Ethereum as its home.

BlackRock launching tokenized money-market funds on Ethereum.

The Ethereum adoption story keeps growing:

UBS: repo markets on Ethereum.
Franklin Templeton: ETFs on Ethereum.
Europe: evaluating Ethereum for Digital Euro.
Now BlackRock: tokenized money-market funds.

Vitalik said it best:
"The secure chain. The decentralized chain. The chain you can rely on."

Institutions don't choose Ethereum because it's fast.
They choose it because it's trusted.

$14 trillion just confirmed that.

[Fiat Archive @fiatarchive]

GRANT CARDONE: "Bitcoin is the real thing."

"Go try to sell $10M worth of Gold today and watch what happens, you're gonna have offers 20-30% below market... and you're not gonna get it tomorrow, much less in 5 minutes."

"Bitcoin is not just money, it is technology. Unlike Gold or Silver or even paper stocks... they can just keep printing the paper forever."