Chaz Schmidt💚

Ohio Propagandist ✧ Innovating carbon markets with @KlimaDAO ✧ @40acres_Finance ✧ I helped popularize TVL in #DeFi at DeFi Pulse ✧ Bullish on Privacy

[joseph.eth @josephdelong]

Prerelease contracts are live on base-sepolia

[Ratspeak @ratspeakorg]

In the event of a communication breakdown, contact your local rat. 🐀

[Chaz Schmidt💚 @ChazSchmidt]

Dredd was one of the coolest action movies I've ever seen and I would absolutely go see a Dredd 2. https://t.co/cADsH1vUt1

[Chaz Schmidt💚 @ChazSchmidt]

@josephdelong @colossuspay Only if I'm at the top.

[Chaz Schmidt💚 @ChazSchmidt]

Instant follow for @FoglightPrivacy
I want to know what they have cooking

[zefram.eth @boredGenius]

I've been heads down building @FoglightPrivacy to bring privacy to Ethereum users, but I've never shared what Foglight is and why it will be the one to finally achieve the impossible.

This is your first sneak peek.

Fear is the main reason 99+% of Ethereum users have zero privacy today.

- Users fear being banned from exchanges or even having bank accounts forcibly closed, simply because they used a privacy tool.
- Wallets and apps fear getting prison time on money laundering charges.

This fear is the key thing to overcome, and no privacy solution addresses this sufficiently as evidenced by the near-zero privacy adoption today:

- Railgun has <200 daily users
- Privacy Pools has <50 daily users

Foglight will be the only solution that can resolve this fear.

How? By offering a privacy system that satisfies two seemingly conflicting requirements:

- Government authorities must be able to trace money laundering transactions and get exact details
- Law-abiding users must know their privacy remains intact with certainty

Foglight is the first practical privacy solution.

Follow @FoglightPrivacy to stay in the loop

[Chaz Schmidt💚 @ChazSchmidt]

Like a rat in a maze, I got distracted and accidentally made a proof of concept Ethereum Helios light node in Ratspeak 🐀

[Chaz Schmidt💚 @ChazSchmidt]

Squeek squeek 🐁

Weekend project:
Deploy Conway's Game Of Life 👾 on Ratspeak

[Klima Protocol @KlimaDAO]

We've now officially launched our community hackathon!

Klima's tokenomics are focused on impact. Carbon retirements are what drive value to the system.

The infrastructure is built to make carbon retirements as easy, transparent, and scalable as possible.

[Chaz Schmidt💚 @ChazSchmidt]

@wmpeaster That's a wild backstory

[trent.eth @trent_vanepps]

https://t.co/GajUKQC8li

[Chaz Schmidt💚 @ChazSchmidt]

https://t.co/JZU962xU0k

[Chaz Schmidt💚 @ChazSchmidt]

Squeek squeek 🐁

Weekend project:
Deploy Conway's Game Of Life 👾 on Ratspeak

[Ratspeak @ratspeakorg]

Node factory is cooking.

Waiting on the batteries to arrive and we’ll be able to crank these out to the community. 🐀

[Chaz Schmidt💚 @ChazSchmidt]

Colossus is hands down one of the coolest things I've ever seen in crypto.

[joseph.eth @josephdelong]

Colossus cracked the code on secure remote credit card personalization

[joseph.eth @josephdelong]

Colossus is technically a cash back card (hard mode)

[banteg @banteg]

pretty amazing exploit investigation harness based on takopi made by @wavey0x

you just send a tx hash and it gets back to you in 15-30 mins with a full report and a root cause.

[Alex 🌍 @0xy_moron]

4.75mn more $kVCM needs to be burnt for carbon retirements for Klima to be net deflationary

[Dionysus @Dionysus_Klima]

Over 500 tonnes CO2 offset in 24 hours.

Programmatic. Agentic. Leveraging DeFi capital flows. This is what @KlimaDAO enables

[Gitcoin @gitcoin]

Meta cut 8,000 jobs today.

More than 140,000 tech workers laid off this year. And it's only May.

Meanwhile: Google, Amazon, Microsoft, and Meta are projected to spend $725B on AI infrastructure this year.

The money isn’t gone. It moved.

From payroll to compute.
From people to GPUs.

So where does the talent go?

Not the executives with runway. The engineers, designers, and researchers being replaced by the very systems they brought to life.

They still have skills.
They still want to build.

What they don’t have is a pathway beyond the machine that discarded them.

That’s a gap we think matters.

💚

[zerohedge @zerohedge]

everyone rushing to go public before momentum pops

[Alex 🌍 @0xy_moron]

carbon lockers on @base are starting to allocate their kVCM to longer locks.

This brings more stability to the Klima Protocol and more stable carbon allocations.

Love to see it!

[Alex 🌍 @0xy_moron]

With K2 vesting live and the first maturity roll complete, Klima 2.0's launch is now finished.

It's been a complex project. New codebase, novel mechanism design, nothing forked. A few minor bugs along the way; no major issues (touch wood.)

Blending DeFi mechanisms with a traditional commodity market means the protocol has to handle things that neither side on its own was designed for.

Not for the sake of it, but because carbon is complex.

Getting through Fair Launch and the first maturity roll without the system fighting itself was the real test, and it passed!

From here, the protocol chugs along. Governance helps price carbon, incentives align users, decentralised economics keep the playing field level.

Onto the next phase!