@EmniyetHukuk Bunların dağdaki eskiyadan farkı yok yarın sabah erkenden ters kelepçeyle terörist nasıl muamele görüyorsa köpek gibi alınması lazım hepsinin o isyerinden
@polisplatform Polis teşkilatı ben polis değilim ama o kadar üzüldüm ki neden oraya yigilmadiniz ön dakika içinde ha arkadaşınız kaltledilmis orada nasıl durdunuz biz vatandaş olarak zor tutuyoruz orayı başlarına yikmamak icin
@MeirMasri@i24NEWS_FR @Dror_i24news Orospu çocuğu siyonsistler lan Masri savaş Türk'ün dugunudur Cumhurbaskanimizi tehdit etmissin hadi yüreğiniz yetiyorsa bırakın ateş yakmayi bir kibrit caksaniza ananizi sikelim seni orospu cocugu Masri
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Just unlocked the Quacker on @wallchain 🏆
How cool is that?
Feels great to have my contributions recognized.
How’s Wallchain Quacks been treating you so far?
Not on board yet? Drop a comment for an invite 👇🦆
We’re honored to share that LIFE AI has been selected from over 300 applications globally as one of the six startups in the FastTrack AI Accelerator – Cohort 1, powered by @genaifund_ai and accelerated by @nvidia Inception Program.
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quick crash course on mixers and obfuscation in crypto
what is a mixer?
a mixer is what it sounds like: it mixes funds
a bunch of users deposit funds, mix them in a pool, and then people withdraw from that pool
example: assume you have 7,500 of ShitcoinX on your account charles.sol, but you accidentally doxed your charles.sol account to degens on social media
now, everyone knows your real-life identity is tied to charles.sol and that you have 7.5k of this shitcoin
(this is actually pretty bad because now they can also see everything you have EVER done onchain dating back forever but let's focus on one nightmare scenario at a time)
in many cases, you do not want this unwanted attention from the whole world any more than you want the whole world knowing your private messages
so what you can do is put 7.5 of your shitcoin into the mixer
> charles.sol has deposited 7.5k shitcoinX into MixerCash
some time after, you make a new account, say derplet.sol, and then you send 7.5k of shitcoinX to derplet.sol
what the outside world sees is:
> MixerCash has sent 7.5k of shitcoinX to derplet.sol
so in summary:
> charles.sol deposited 7.5k shitcoinX into MixerCash
> *some time passes*
> MixerCash has sent 7.5k shitcoinX into derplet.sol
now I hope you have noticed a few problems here
i) everyone now knows that charles.sol uses a mixer (this can be used against you by CEXes or feds, particularly if criminals have used this mixer before)
ii) it is super easy to suspect that derplet.sol is actually charles.sol
so how do you solve these?
for i) you're pretty much shit out of luck. this is a problem with all blockchains today including bitcoin because the ledgers are all transparent
the best you can do is prove via zk that you didn't commit crime and that you are compliant (tornado cash allows for this for example), which helps with feds but nothing else
only real solution is using an encrypted ledger like zcash which hides your balances and history to begin with
ok how about ii)?
well this is where you can make a lot of improvements via some basic operational skills (call it "opsec")
- if you deposit 7.5k but take out 4.3k, then it is harder to link that derplet.sol is charles.sol
- however, the above is only true if there are many other people also using MixerCash!
for example, assume you're looking at MixerCash on the block explorer:
MixerCash
> charles.sol deposited 7.5k
> derplet.sol took out 4.3k
it's still very easy to tell!
so you need i) many other people using the same protocol, ii) you need everyone to use uniform amounts that are not specific, iii) you need the timing to be random, if you withdraw 1 second after you deposit, you have just given your tracer a lot of information
so basically:
MixerCash
> charles.sol deposited 5k
> retardio.sol deposited 5k
> james.sol deposited 5k
> mertardio.sol deposited 5k
*50,000 other similar transactions over 3 months
> someguy.sol withdrew 1k
> derplet.sol withdrew 1k
now, it is much harder to link that derplet.sol was indeed charles.sol (though still possible, especially with some OP computers)
the possible set of people who charles.sol could've been above is called the anonymity set.
but there are still quite a few problems here, namely that you are reliant on other people using the protocol consistently and reliably. importantly, "the other people" can actually just be feds adding fake transactions here to give you the illusion of security and the real anonymity set could be 100x smaller
so then you have something like monero, which works kind of like the above but is an improvement since every single transaction done onchain introduces obfuscation, basically mandatory mixing always
for example, monero hides each real input among 15 decoy inputs taken from previous outputs on the chain
however, you are still leaking information and you need a lot high velocity usage to probabilistically hide amongst the crowd
(you are also vulnerable to quantum attacks later on)
the most robust solution is what we have all known since the internet: encryption
you need to encrypt and vanish the entire data, probabilistically hiding things always exposes you at some point
and this is what zcash does, it encrypts everything so you can not tell sender, receiver, metadata, amount, it is all invisible
and this is why it's considered the gold standard in privacy
you can also encrypt everything and then use FHE to compute on the encrypted data to do operations
next I'll talk about FHE, MPC, ZK, TEEs and how they differ
Here's my best attempt to explain what happened on $REKT today in simple terms (tldr - @IMFCrypto didn't "liquidate" anyone, it's just a decentralised platform that matches borrowers and lenders).
IMF is build on top of @MorphoLabs, where anyone can lend money directly. In simple terms, IMF created the ability for people to borrow USDS against their $REKT (and other memecoin) holdings.
IMF also had an "accelerate" function, which allowed you to deposit $REKT as collateral, borrow USDS against it, and then use that to buy more $REKT (essentially a form of leverage).
As with all levered positions, there are levels at which you can get liquidated on and once those levels started hitting today it triggered a liquidity cascade all the way down to approximately a 70% price decline.
You could see the $REKT collateral that was held in this Morpho contract: 0xBBBBBbbBBb9cC5e90e3b3Af64bdAF62C37EEFFCb, which at the beinning of the day owned almost 5% of the token supply. It is now down to 0.25% which means the leverage has almost entirely been wiped.
Both IMF and Morpho are decentralised - none of these guys "caused" any liquidations or acted in bad faith. Unfortunately as a result of price action a liquidity cascade was triggered.
Obviously feels like a kick in the face for me as I have been working so hard on $REKT through this bad price action, but if you are familiar with our story you will know that bouncing back from the dead is a challenge I relish - we have delivered A LOT this year and we still have A LOT more to come.
I'm sure there'll be a bit of gravedancing, and I welcome it, it excites me - the way I see it is we got clean positioning now and this day will be part of the lore - anyone who knows me will know I'm gonna be at this even harder to prove a point.
Cheers