Satsby

The Great Gatsby of crypto.

[Satsby @JaySatsby]

Anthropic leadership is so autistic that despite making great technology (clearly #1 right now), they're fucking up their lead because they can't have normal business conversations with normies

[Satsby @JaySatsby]

@RNR_0 @doomerzoomer Opium isn't a strip club...

[Satsby @JaySatsby]

@cryptodude999 that doesn't explain why Nvidia is down or why companies like Intuit are down 40% over past 6 months

[gfodor.id @gfodor]

aaaand there it is
lol, lmao

[Satsby @JaySatsby]

@MurrayHillGuy1 More like 3 hours.

People are on their phones 24/7

A person who leaves you on read for multiple hours has taken 100+ actions on their phone and spending 10 seconds to reply to you was not one of them

[Satsby @JaySatsby]

@vkhosla @AnthropicAI your commitment to deep throating OpenAI at every opportunity is geniunely impressive.

[Satsby @JaySatsby]

@0xKeef @AnthropicAI lol. lmao even.

[Satsby @JaySatsby]

@hosseeb yea we'll see how that aura looks a year from now when they're down a billion+ in revenue & getting lapped by the competitors. lol

[Satsby @JaySatsby]

@AnaKasparian based

[Ana Kasparian @AnaKasparian]

I do not regret this comment. I don't apologize.

Israel is evil, genocidal and has destroyed our country. They're about to drag us into another war and all we hear from Israelis and their braindead supporters is "ANTISEMITE" if you disagree with Israel's agenda. They smear you to silence you and all the Jewish individuals who don't subscribe to their disgusting behavior.

Israel loves to play victim as they bomb 7 countries, steal land and openly air their genocidal intentions. THEY are the immoral ones. It is a stain on our country that we consider them allies.

Many have woken up to this reality. Call me whatever you want. The truth matters and I'll never apologize for repeating it.

[Satsby @JaySatsby]

Elon is actually the fucking goat.

Only CEO with the balls to call out the sick twisted shit happening in Europe right now.

[Elon Musk @elonmusk]

This is actually what is happening in Europe.

Unconscionable evil.

[Satsby @JaySatsby]

OK so all payments are obviously moving onto stablecoin rails over the course of the next decade.

Once that process is complete, there's no reason to pay the 3-4% fee to Visa.

Feels like Visa is going to get 🍇-ed as badly as these SAAS companies, right?

[Satsby @JaySatsby]

@0xSisyphus how much of this is because Crypto is not fully regulated VS. the size of the market?

i.e. if the market cap of BTC were to 10x, could companies still get away with this fuckery?

[Satsby @JaySatsby]

@0xcoinn because open discussion on this issue was intentionally suppressed for several decades.

if it's not a big deal, why destroy anyone who even mentioned it?

[Satsby @JaySatsby]

@solo_levelingx this was before Instagram dialed up female hypergamy by 10x

Now the hot girl with 2 bodies, will catch a flight to LA or MIA and ditch their hometown man in a hearbeat.

Literally seen it first hand dozens of time

[Satsby @JaySatsby]

The L2 pivot was one of the biggest mistakes ever made by a major L1

Splintered Ethereum liquidity, and more importantly, the community's energy in a dozen directions

[vitalik.eth @VitalikButerin]

There have recently been some discussions on the ongoing role of L2s in the Ethereum ecosystem, especially in the face of two facts:

* L2s' progress to stage 2 (and, secondarily, on interop) has been far slower and more difficult than originally expected
* L1 itself is scaling, fees are very low, and gaslimits are projected to increase greatly in 2026

Both of these facts, for their own separate reasons, mean that the original vision of L2s and their role in Ethereum no longer makes sense, and we need a new path.

First, let us recap the original vision. Ethereum needs to scale. The definition of "Ethereum scaling" is the existence of large quantities of block space that is backed by the full faith and credit of Ethereum - that is, block space where, if you do things (including with ETH) inside that block space, your activities are guaranteed to be valid, uncensored, unreverted, untouched, as long as Ethereum itself functions. If you create a 10000 TPS EVM where its connection to L1 is mediated by a multisig bridge, then you are not scaling Ethereum.

This vision no longer makes sense. L1 does not need L2s to be "branded shards", because L1 is itself scaling. And L2s are not able or willing to satisfy the properties that a true "branded shard" would require. I've even seen at least one explicitly saying that they may never want to go beyond stage 1, not just for technical reasons around ZK-EVM safety, but also because their customers' regulatory needs require them to have ultimate control. This may be doing the right thing for your customers. But it should be obvious that if you are doing this, then you are not "scaling Ethereum" in the sense meant by the rollup-centric roadmap. But that's fine! it's fine because Ethereum itself is now scaling directly on L1, with large planned increases to its gas limit this year and the years ahead.

We should stop thinking about L2s as literally being "branded shards" of Ethereum, with the social status and responsibilities that this entails. Instead, we can think of L2s as being a full spectrum, which includes both chains backed by the full faith and credit of Ethereum with various unique properties (eg. not just EVM), as well as a whole array of options at different levels of connection to Ethereum, that each person (or bot) is free to care about or not care about depending on their needs.

What would I do today if I were an L2?

* Identify a value add other than "scaling". Examples: (i) non-EVM specialized features/VMs around privacy, (ii) efficiency specialized around a particular application, (iii) truly extreme levels of scaling that even a greatly expanded L1 will not do, (iv) a totally different design for non-financial applications, eg. social, identity, AI, (v) ultra-low-latency and other sequencing properties, (vi) maybe built-in oracles or decentralized dispute resolution or other "non-computationally-verifiable" features
* Be stage 1 at the minimum (otherwise you really are just a separate L1 with a bridge, and you should just call yourself that) if you're doing things with ETH or other ethereum-issued assets
* Support maximum interoperability with Ethereum, though this will differ for each one (eg. what if you're not EVM, or even not financial?)

From Ethereum's side, over the past few months I've become more convinced of the value of the native rollup precompile, particuarly once we have enshrined ZK-EVM proofs that we need anyway to scale L1. This is a precompile that verifies a ZK-EVM proof, and it's "part of Ethereum", so (i) it auto-upgrades along with Ethereum, and (ii) if the precompile has a bug, Ethereum will hard-fork to fix the bug.

The native rollup precompile would make full, security-council-free, EVM verification accessible. We should spend much more time working out how to design it in such a way that if your L2 is "EVM plus other stuff", then the native rollup precompile would verify the EVM, and you only have to bring your own prover for the "other stuff" (eg. Stylus). This might involve a canonical way of exposing a lookup table between contract call inputs and outputs, and letting you provide your own values to the lookup table (that you would prove separately).

This would make it easy to have safe, strong, trustless interoperability with Ethereum. It also enables synchronous composability (see: https://t.co/9jy6v1X6Fw and https://t.co/gZmu3YjebM ). And from there, it's each L2's choice exactly what they want to build. Don't just "extend L1", figure out something new to add.

This of course means that some will add things that are trust-dependent, or backdoored, or otherwise insecure; this is unavoidable in a permissionless ecosystem where developers have freedom. Our job should make to make it clear to users what guarantees they have, and to build up the strongest Ethereum that we can.

[Satsby @JaySatsby]

@GrantCardone The Epstein files revealed that 90% of the most powerful/rich people in America have been compromised (and remain that way)

How is that not THE most important thing to talk about.

[Satsby @JaySatsby]

Who's vibe coded an Epstein files website, where you can see things like:

>top people by mentions
>breakdown by companies
>apologies people have issued

[Satsby @JaySatsby]

@signulll The problem is that there are too many names all dropping at once.

MeToo worked, because they could go after 1 powerful person at a time (Weinstein, Kalanick, etc.)

Epstein is like 500 of the most powerful people in the world all dropping at once. Can't target them all

[Satsby @JaySatsby]

The real question is:

Who is the CURRENT Epstein?