Wayne O

This ain’t my first rodeo.

[Dom Lucre | Breaker of Narratives @dom_lucre]

🔥🚨LATEST: Canadian engineer John Tse is going viral after revealing his umbrella that follows him around as if he is in a futuristic movie. Tse created a fully autonomous umbrella that will assist people that need both of their hands while providing cover.

[Wayne O @BrownstarCrypto]

@tintinpapa1 7 when lose gap between thighs/legs

[Wayne O @BrownstarCrypto]

@ShubhamS_35 River fish taste like mud and shit

[vitalik.eth @VitalikButerin]

Two weeks ago, Ethereum researchers met in Berlin to continue charting the protocol's long-term trajectory, following along discussions with client teams in Svalbard in April.

The updated strawmap is at https://t.co/9e2AQ6rhz6, and I attached a picture of it to this post.

My own high-level takeaways:

* "Lean Ethereum" is not a single one-shot upgrade, it is a collection of improvements that will come online to the Ethereum network over the course of three or four years. But make no mistake, this IS the third major iteration of Ethereum in the same way that the Merge was the second. Almost every major piece of the protocol will be replaced:

- Verification through recursive STARKs, rather than direct re-execution. Recursive STARKs become an enshrined first-class core component of the protocol
- Replacing everything quantum-vulnerable with quantum-safe alternatives
- Consensus: decoupled available chain and finality, one or two-round finality. Theoretically optimal security properties, simpler than today, and faster than today
- Multidimensional gas
- State: not just tree structure, but what *types* of state are available
- Changes to client architecture
...

At the same time, simplification, cleanup and future-proofing. And this will all be done in a way that minimizes disruption to existing application. We've done this before (the Merge), we can do it again.

* H-star (aka Hegota) is probably Ethereum's last thematically "pre-Lean" fork. Starting from I-star, most of everything we do will have a very strong "Lean" feel to it in one way or another.

* Privacy is no longer an afterthought, it is a first class goal. When designing Frames, the mempool, additions to the state tree, we explicitly ask the question "okay, how do quantum-safe, intermediary-free privacy protocol transactions go through this, and what is the overhead?"

* Formal verification of everything for security.

* FV also makes us much more comfortable with canonicalization (having pieces of the protocol that are directly defined as a piece of bytecode expressed in some language). evm-asm is being written in part to become a canonical proof system for the EVM.

* Quantum safety has shifted up a LOT in priority. This adds a lot of work (eg. finalizing a quantum-safe blobs design has become urgent; this work has already been ongoing for months)

* Probably the single most disruptive part of the plan is the changes to state. There is growing consensus around leaving present-day-style "dynamic state" mostly unchanged, but scaling it only a medium amount, and adding new types of state that are more scalability-friendly (eg. no need for builders to sync/store all of it) but more restrictive, and that will scale a large amount.

eg. possible Ethereum in 2030: 2 TB of present-day-style (dynamic) state, and 100 TB of new-style (scalable but restrictive) state

This "new-style" state would work very well for ERC20s, NFTs, many defi use cases, but not eg. highly "central" objects like Uniswap contracts, or onchain order books, or other complex things (which are crucial for Ethereum but which only take up a small percentage of state)

Hence, it will not be *necessary* to rewrite any apps, but it will be *very cost-effective* to eg. rewrite an ERC20 token into a newer design that uses a new type of UTXO storage that is currently being explored, so that it will have >10x lower txfees.

Design of these new state types (current ideas: keyed nonces, ring buffers, UTXOs, statically accessible state, temp state) is an area where we will need a lot of feedback from application developers (incl. privacy-friendly application developers) and probably several rounds of rethinking and iteration.

* In the context of a much larger total state size, we need to figure out the incentive issues around who stores this state and what motivates them to. Even saying "each node stores 1%" is not good enough - why do they store that 1% and why are they willing to serve it? This is being elevated as a first-class research area.

* Ethereum will need to have a "VM" other than EVM in one form or another - at the very least, we need something like leanISA for recursive STARKs - and the gains are large in exposing it to users so that we support programmable privacy and better scalability. Right now, the most likely contenders are leanISA and RISC-V.

My own ideal is that in this world, we adjust the protocol so that the EVM becomes a high-level-language compiler-level feature, and the protocol only "sees" RISC-V / leanISA directly. But this is still far away.

* Gas limit increases, blob increases and slot time decreases will happen many times over the next ~5 years. We expect a large gas limit increase with Glasterdam. Each step of increased scale or decreased slot time is a matter of getting to the point where it is safe to do it, which comes from a combination of client optimization and protocol changes.

Ethereum is CROPS.

Ethereum is scaling.

Ethereum is reinventing itself.

Onward.

[Wayne O @BrownstarCrypto]

@Suzierizzo1 Cheeky little cunts

[Wayne O @BrownstarCrypto]

@ActivePatriotUK Cant blame this one on the migrants unfortunately

[Wayne O @BrownstarCrypto]

@HardlyLoose @grok

[ol’ stocky ⛳️ @oldstocky]

Liberals will look at this and say “it’s missing a billion Indians”

[Haotian @tmel0211]

跟几个朋友聊 $ETH 的前景问题，正好头脑风暴了下，我觉得思考清楚了，对你是否继续持有ETH和信仰以太坊会有帮助：

两个问题：

1）若以太坊上的当前DeFi协议锁仓价值（TVL）进一步抬升10倍，你觉得 $ETH 价值能破 $10000 吗？

2）若以太坊上Staking、Restaking以及原生POS挖矿等各类理财APY收益能持续高于甚至2倍于美国国债，你会把自有资产的80%以上放到链上吗？

三个答案：

1）美国GENIUS Act和CLARITY Act等稳定币相关法案接连落地，会扫清传统机构入场的最大障碍，包括BlackRock、JPMorgan等在内的机构会大规模布局稳定币，并沉淀资金到链上，其链上沉淀资产达到其总持仓资产AUM的20%以上，这大水漫灌的滔天资金入场，十倍TVL的扩张根本不在话下；

2）当RWAFi资产代币化叙事进一步落地，Tokenization股票规模达到万亿美元以上，而你玩转DeFi的价值资产从BTC、ETH、SOL等高波动资产变成了S&P 500、QQQ、NVDA等，DeFi行业会真正甩开套娃包袱，迎来真正的第二春，届时围绕美股代币化后的衍生品创新市场会雨后春笋般绽放，新一波有真实价值资产支撑的“套娃”游戏开启，你是否期待？

3）以太坊真正把zkVM、zk-SNARKs、FHE等一大批技术叙事转化落地成隐私和高性能交易引擎解决方案。机构可以再链上做大额交易、高频做市、套利，且催生以太坊版本的Hyperliquid。届时机构对公链“全透明”的需求和芥蒂矛盾完全找到最优解，以太坊金融结算链的叙事得到落实，真正围绕超级金融时代（DeFi、CeDeFi、TradFi）的大规模创新金融时代继而来临。没准能盘活一大批死掉的协议、应用和扩展链，一个开发者活跃度超越AI的大自由、平权化市场是不是更有造富效应？

以上。

认真思考完以上两个问题，和三个可能性结果，相信每一个ETH Holder内心都会有“新”的答案。

[Ash Crypto @AshCrypto]

You have been in crypto for 10 years, you must be rich now.

[Tooly @ToolySOL]

People who bought ETH at $4,900 in 2025.

[Dr. Clown, PhD @DrClownPhD]

Sean Strickland vs. Gavin Newsom. The ending we all wished for. 😌

[Wayne O @BrownstarCrypto]

@ivShubham_INN @heresince855