Artemis Capital

Institutions and market-making services focusing on investment in the web3 field.

[Artemis Capital @ArtemisCapitals]

We are seeking to invest in Blockchain projects building next-generation , and our $50M USD Ecology fund is still accepting applications.🐳

Eligible projects will receive comprehensive support alongside strategic advisory to accelerate growth.🔍

If you're building in the Web3 space, submit your application here: [email protected]

Let's buidl🚀🚀🚀

[Artemis Capital @ArtemisCapitals]

Among the latest trends, StockFi undoubtedly represents the most fitting convergence of traditional finance and crypto.
In just one year, the number of on-chain stock holding addresses has surpassed that of U.S. Treasury bonds by 49 times—which is truly exciting.
Yes.
Artemis Capital has decided to join Brio Nexus Capital in leading the first round of investment in Flying Squirrel.
We see a strong community, innovative products, and a strong commitment.
Let’s see what interesting developments unfold.@BNC_StcokFi

[Hyperliquid @HyperliquidX]

Thank you to everyone who traveled near and far to make it to Monday's community event. Multiple members of the ecosystem hosted their own events to celebrate Hyperliquid and the community throughout the week. Thank you to every organizer for the hard work and dedication behind each one.

The builder booths were a highlight for many. To everyone building on Hyperliquid: thank you for bringing more of finance onchain and spreading the word.

Since last year, even more builders, users, and institutions have contributed to the ecosystem's growth. Hyperliquid's vision is to be infrastructure to house all finance, and every year, that vision becomes more of a reality.

[Artemis Capital @ArtemisCapitals]

Token2049 is crazy party Singapore.

[NASA Artemis @NASAArtemis]

Successful outbound trajectory burn!

This means that the Orion spacecraft fired its thrusters to further fine-tune the astronauts' path to the Moon.

Coverage of the lunar flyby tomorrow begins at 1pm ET (1700 UTC). https://t.co/uC5tOnQeA1

[vitalik.eth @VitalikButerin]

I no longer agree with this previous tweet of mine - since 2017, I have become a much more willing connoisseur of mountains. It's worth explaining why.

https://t.co/LerCobzgvo

First, the original context. That tweet was in a debate with Ian Grigg, who argued that blockchains should track the order of transactions, but not the state (eg. user balances, smart contract code and storage):

> The messages are logged, but the state (e.g., UTXO) is implied, which means it is constructed by the computer internally, and then (can be) thrown away.

I was heavily against this philosophy, because it would imply that users have no way to get the state other than either (i) running a node that processed every transaction in all of history, or (ii) trusting someone else.

In blockchains that commit to the state in the block header (like Ethereum), you can simply prove any value in the state with a Merkle branch. This is conditional on the honest majority assumption: if >= 50% of the consensus participants are honest, then the chain with the most PoW (or PoS) support will be valid, and so the state root will be correct.

Trusting an honest majority is far better than trusting a single RPC provider. Not trusting at all (by personally verifying every transaction in the chain) is theoretically ideal, but it's a computation load infeasible for regular users, unless we take the (even worse) tradeoff of keeping blockchain capacity so low that most people cannot even use the chain.

Now, what has changed since then?

The biggest thing is of course ZK-SNARKs. We now have a technology that lets you verify the correctness of the chain, without literally re-executing every transaction. WE INVENTED THE THING THAT GETS YOU THE BENEFITS WITHOUT THE COSTS! This is like if someone from the future teleported back into US healthcare debates in 2008, and demonstrated a clearly working pill that anyone could make for $15 that cured all diseases. Like, yes, if we have that pill, we should get the government fully out of healthcare, let people make the pill and sell it at Walgreens, and healthcare becomes super affordable so everyone is happy. ZK-SNARKs are literally like that but for the block size war. (With two asterisks for block building centralization and data bandwidth, but that's a separate topic)

With better technology, we should raise our expectations, and revisit tradeoffs that we made grudgingly in a previous era.

But also, I have actually changed my mind on some of the underlying issues. In 2017, I was thinking about blockchains in terms of academic assumptions - what is okay to rely on honest majority for, when we are ok with 1-of-N trust assumption, etc. If a construction gave better properties under known-acceptable assumptions, I would eagerly embrace it.

On a raw subconscious level, I don't think I was sufficiently appreciative of the fact that _in the real world, lots of things break_. Sometimes the p2p network goes down. Sometimes the p2p network has 20x the latency you expected - anyone who has played WoW can attest to long spans of time when the latency spiked up from its usual ~200ms to 1000-5000ms. Sometimes a third party service you've been relying on for years shuts down, and there isn't a good alternative. If the alternative is that you personally go through a github repo and figure out how to PERSONALLY RUN A SERVER, lots of people will give up and never figure it out and end up permanently losing access to their money. Sometimes mining or staking gets concentrated to the point where 51% attacks are very easy to imagine, and you almost have to game-theoretically analyze consensus security as though 75% of miners or stakers are controlled by one single agent. Sometimes, as we saw with tornado cash, intermediaries all start censoring some application, and your *only* option becomes to directly use the chain.

If we are making a self-sovereign blockchain to last through the ages, THE ANSWER TO THE ABOVE CONUNDRUMS CANNOT ALWAYS BE "CALL THE DEVS". If it is, the devs themselves become the point of centralization - they become DEVS in the ancient Roman sense, where the letter V was used to represent the U sound.

The Mountain Man's cabin is not meant as the replacement lifestyle for everyone. It is meant as the safe place to retreat to when things go wrong. It is also meant as the universal BATNA ("Best Alternative to a Negotiated Agreement") - the alternative option that improves your well-being not just in the case when you end up needing it, but also because knowledge of it existing motivates third parties to give you better terms. This is like how Bittorrent existing is an important check on the power of music and video streaming platforms, driving them to offer customers better terms.

We do not need to start living every day in the Mountain Man's cabin. But part of maintaining the infinite garden of Ethereum is certainly keeping the cabin well-maintained.

[Artemis Capital @ArtemisCapitals]

GN ELON

[Elon Musk @elonmusk]

On this platform, the people decide the narrative.

You hear all sides of an argument.

Community Notes corrects everyone, no exceptions. Notes data & code is public source.

Grok provides further fact-checking.

[Lido @LidoFinance]

Hold ETH, stake ETH, forget the noise

[Artemis Capital @ArtemisCapitals]

Decentralized

[a16z crypto @a16zcrypto]

Blockchains for TradFi: What banks should know.

⤵️

[Artemis Capital @ArtemisCapitals]

@a16zcrypto Decentralized

[Artemis Capital @ArtemisCapitals]

Each person needs one BTC .👏

[Bitcoin Archive @BitcoinArchive]

Bitcoin is the best-performing asset of the decade.

“You might want to get some Bitcoin… just in case it catches on.” – Hal Finney 😉

[Elon Musk @elonmusk]

We are about halfway through our supernovas

[Artemis Capital @ArtemisCapitals]

@a16zcrypto 🤝

[Artemis Capital @ArtemisCapitals]

@cz_binance Game Theory 🤔

[Artemis Capital @ArtemisCapitals]

Game Theory 🤔

[CZ 🔶 BNB @cz_binance]

Any book recommendations?

Recently published. Teaches/shares something new, or eye opening.

[Artemis Capital @ArtemisCapitals]

@DWFLabs @Fetch_ai cool

[Artemis Capital @ArtemisCapitals]

@cz_bainance_ Time story.

[Artemis Capital @ArtemisCapitals]

@a16zcrypto cool

[Artemis Capital @ArtemisCapitals]

We are pleased to announce our strategic investment in GAEA.embarking on a new dimension of human-machine empathy! @aigaealabs is Building the First Decentralized AI Training Network Integrated with Human Emotional Data; Redefining Human-Machine Relationships, Ushering in the Symbiotic Era of Silicon-Based Life and Carbon-Based Civilization.

[Artemis Capital @ArtemisCapitals]

@okx why not me