shadd

privacy maximalist

[Ethereum Foundation @ethereumfndn]

0/ Clear signing is now live.

An open standard to end blind signing, making human-readable transactions default.

This effort brings a major UX and Security upgrade to transaction signing on Ethereum.

[0xngmi @0xngmi]

We are now hiring new developers at DefiLlama!

- High impact & ownership
- No meetings, everything is async

Devs that joined us less than 3mo ago are now leading new core products, you won't get this anywhere else

Apply at https://t.co/MuOWStWBrW

[Sinnoh🌙 @sinnoh_CEO]

Pokémon Diamond & Pearl for DS was released on this day in North America, 19 years ago (2007)

[0xngmi @0xngmi]

https://t.co/Arl9NTutYX

[binji @binji_x]

i think ethereum’s privacy arc will be one of the most interesting times for it as it’s one of the final unlocks in getting major institutional adoption + building a better internet, and is one of the best nerdsnipes for smart people who want to work on hard problems.

[Aztec @aztecnetwork]

Simply put, privacy isn’t limited to individuals. It scales.

[William Huo @wmhuo168]

“BREAKING: Chinese quantum computer just cracked multiple SPN algorithms. This is way bigger than cracking the ENIGMA code. The future of encryption is at stake.”

https://t.co/ZhphtZIdjr

[Ethereum Foundation @ethereumfndn]

believe in somETHing

[Yano 🟪 @JasonYanowitz]

You're telling me that in one week:

1) Stripe launched stablecoins in 100+ countries
2) Ramp launched stablecoin cards
3) Superstate launched onchain equities
4) Robinhood is building their own crypto platform
5) Biggest deal in crypto history (Coinbase/Deribit)
6) Meta is back in the stablecoin game
7) Ethereum shipped a massive upgrade
8) Bitcoin ripped through $100k

Wake up fam!

Internet capital markets are being built in real time and it's pretty damn cool.

[shadd @0xshadowdev]

just finished tokenizing my socks, launching the presale in 5 minutes. who wants in?

[shadd @0xshadowdev]

@aviral10x @thenetworkstate gm!! all the best

[shadd @0xshadowdev]

hot take:

Acquiring funds on testnet is harder than on the mainnet.

[shadd @0xshadowdev]

You can’t predict the tides, but you can build the strongest ship.

Keep building.

[shadd @0xshadowdev]

ok, who uses xrp

[shadd @0xshadowdev]

Imagine your token is up 400% in a day, but you can’t even handle the numbers properly.

The real irony of crypto: mooning tokens, broken math.

[shadd @0xshadowdev]

@TrustlessState @phtevenstrong

[shadd @0xshadowdev]

Best advice I heard today:

You must be willing to lose short term to win long term

[shadd @0xshadowdev]

@TrustlessState Their roadmap is similar to that of the beam chain

[porter @portport255]

BEAM CHAIN

Here's an explanation in one tweet:

Beam chain is a complete redesign of Ethereum's consensus layer.

Why propose a massive redesign now?

The Beacon Chain (Ethereum's consensus chain) is now five years old. There has been a lot of new research that we can include in Beam Chain.

MEV, SNARK breakthroughs, and tech debt. All areas for improvement.

Block production: Better censorship resistance with FOCIL, isolated validators with execution auctions, and faster slots.

Staking: Better issuance, smaller validators (1 eth staking), and faster finality.

Cryptography: Chain snarkification, quantum security, and strong randomness.

Some of these require large changes, so might as well rework everything at once.

The new design will keep security high AND IMPROVE PERFORMANCE.

Note: the beam chain is not changing the roadmap, but is just a group of upcoming changes all bundled together.

We can purge many existing tech debt from pre-merge.

We've had one consensus upgrade each year. Once we fix all the low hanging fruit, the beam fork will allow a quantum leap forward.

THE TECH

Proof of Work
Proof of Stake
ZK Era of Ethereum Consensus

We want to snarkify the entire beam state transition function. Note: networking, syncing, fork choices, etc dont need to be snarked.

RISC-V has become the defacto standard of zkVMs.

Side note: we can also use zkVMs for the EVM, but that's separate from the beam chain.

POST-QUANTUM: hash based signatures, hash based snarks, and aggregatable signatures, gives us quantum security 😃

We'd still reuse networking, libp2p, SSZ serialization, etc.

THE PLAN:

Make a specification for beam chain in 2025. Start writing production code by 2026, test, and then put in production 🤩

Beam Chain would be a fantastic onboarding opportunity for new consensus client teams in other parts of the world. Zeam in India and LambdaClass in South America.

Contact [email protected]

[shadd @0xshadowdev]

@keoneHD @SmokeyTheBera You're the chosen one