Cosmic Validator ⚛️

OG @Cosmos validator⚛

📽Cosmos ecosystem news & educational videos

$ATOM $MON $IP

[Cosmic Validator ⚛️ @CosmicValidator]

@BitwayOfficial You can continue ignoring temporarily, but if you don't give the Side community their $BTW tokens justice will come soon to you

[Cosmic Validator ⚛️ @CosmicValidator]

@P2PNewswire Almost all our delegation is self-stake, this is why the raise

[Cosmic Validator ⚛️ @CosmicValidator]

@BitwayOfficial @BinanceWallet WHEN $SIDE to $BTW conversion and unlock? What are you hiding? Give the tokens to the community that you asked to burn for the conversion to $BTW

[Cosmic Validator ⚛️ @CosmicValidator]

@BitwayOfficial and how many pizzas for the $SIDE tokens that you need to convert?

[Cosmic Validator ⚛️ @CosmicValidator]

@BitwayOfficial @BinanceWallet Give the $SIDE tokens converted to $BTW to the community. You asked community to burn Side tokens last August to get their tokens on the new Bitway chain

[Category Labs @category_xyz]

Category researchers and collaborators received a Distinguished Paper Award at IEEE S&P conference (@IEEESSP) for their paper related to private mempools.

The techniques introduced were ultimately leveraged in BTX, our latest state-of-the-art Batched Threshold Encryption (BTE) scheme.

Congratulations to our researchers: Amit Agarwal, Babak Poorebrahim Gilkalaye, @KushalBabel, @sourav1547, @PeterRindal

[Cosmic Validator ⚛️ @CosmicValidator]

@BitwayOfficial @BinanceWallet @Aster_DEX When are you converting the $SIDE tokens of all the early community to $BTW?

[Cosmic Validator ⚛️ @CosmicValidator]

@BitwayOfficial @Aster_DEX WHEN $SIDE to $BTW TOKEN CONVERSION?

[Cosmic Validator ⚛️ @CosmicValidator]

@BitwayOfficial When $SIDE tokens to $BTW conversion?

[Monad @monad]

The UFO files are crazy: https://t.co/KlpQzt4CKb

[Cosmic Validator ⚛️ @CosmicValidator]

@BitwayOfficial When $SIDE to $BTW conversion?

[Monad @monad]

MON trading is now live on @Revolut

[Cosmic Validator ⚛️ @CosmicValidator]

@BitwayOfficial WHEN $SIDE to $BTW CONVERSION?

[Cosmic Validator ⚛️ @CosmicValidator]

@BinanceWallet WHEN $SIDE to $BTW CONVERSION?

[Cosmic Validator ⚛️ @CosmicValidator]

@BitwayOfficial @BinanceWallet When $SIDE to $BTW conversion?

[Keone Hon @keoneHD]

A recent viral clip showed Don Wilson of DRW criticizing public blockchains for their lack of MEV-resistance. Wilson argued that, as a result of this, public blockchains are not suitable for financial markets.

This critique isn't going to go unanswered. Last night, Category Labs published a frontier research result for encrypted mempools. This is a significant result that leads the way to practical MEV resistance, and is how our industry will prevail against the private blockchain crowd.

Background

When you submit a transaction on a blockchain, it sits in a pending state where it may be frontrun by a bot.

The cleanest fix would be for users to encrypt transactions until they're included in a block, but doing that efficiently is very hard: you need a committee of servers that can jointly decrypt only the transactions that make it into each block, fast enough to keep up with block times.

Up to now, this idea hasn't been practical, as the best threshold encryption schemes are too slow, introduce censorship attacks, or introduce impractical operational steps for users or validators.

Category Labs has a solution: BTX, a new scheme for Batch threshold encryption (BTE) that is actually practical and performant. This leads the way to encrypted mempools on Monad.

The result

Batched Threshold Encryption (BTE) lets a committee of servers jointly decrypt a specified set of encrypted results from a pool while keeping the rest private.

Prior BTE schemes each had a drawback:
- some required per-block MPC setup
- some bound each ciphertext to a specific block or epoch (limiting rollover and enabling censorship)
- some required users to pick an index from a small namespace (resulting in occasional collisions)
- and the ones that avoided all these issues were either computationally prohibitive or required a common reference string (CRS) that grows with the number of sessions.

BTX, the new mechanism proposed in the paper, is simultaneously:
- epochless
- collision-free
- computationally efficient, and
- compact

In the paper, the authors implement BTX and benchmark it against the strongest two prior schemes (PFE from Boneh et al. and BEAT++ from Agarwal et al.). (BEAT++ is a prior result by most of the authors of the present paper.)

BEAT++ is fast but has a censorship-enabling design flaw; PFE is clean but slow and has bigger ciphertexts; and Fernando et al. (a third leading scheme) is clean but doesn't scale to long-lived deployments. BTX is the first construction that's simultaneously collision-free, epochless, compact, and fast.

BTX is a significant result solving a huge problem. Check out the paper in the next post.

[Interchain Foundation @interchain_io]

The Interchain Foundation delegations have begun!

Validators should expect 50% of their delegations to be deployed by end of day today, with the remaining 50% to follow next week.

Learn more about the Q1 delegation set and the selection criteria below 👇

[Cosmic Validator ⚛️ @CosmicValidator]

@BitwayOfficial @BinanceWallet When $SIDE to $BTW conversion?

[Monad @monad]

200 validators • 30 countries • 58 cities

[Keone Hon @keoneHD]

200 validators now on Monad Mainnet