1/ We’re thrilled to announce that Litheum has raised $750K in a Strategic TestNet Round led by @Alphemy_Capital and @ambergroup_io!
This is a major milestone for Litheum in establishing its partnerships with top-tier institutions, including @amber_ac_
@Al_Nadim_nabil@helvyse It is supremely practical. The "difficulty" = running a "full node". PoP unifies validators and RPC providers. Every part of the blockchain is consensus. Constraint on TPS is dictated by hardware costs and demand rather than some arbitrary limit e.g. 1.2MB/block or 40M gas.
Even if you've solved the scaling issue with tech like Proof of Performance, this is what you need for a blockchain that stays lean at scale.
We’re designing a next-gen blockchain storage economy that actually solves state bloat.
Instead of Ethereum’s tiny 4800 gas refund, every SSTORE (0 → non-zero) requires a full deposit into a global pool. The deposit follows a hardcoded price curve based on total non-zero slots across the chain. When you clear it back to 0 → you get 100% of the current price refunded (minus tiny cut to Runners).
Key innovations:
Transactions can end with net-negative LTH (cleanups are literally profitable) Separate max_deposit field (gas accounting is completely independent) Strong economic flywheel: bloated state = expensive deposits = massive incentive to clean
Benefits:
State size becomes self-regulating Validators & users are incentivized to actively reduce bloat Enables sustainably high throughput without exploding hardware requirements Turns state cleanup into an economically rewarded activity
Technical hurdles:
Guaranteeing the deposit pool can never go negative during rapid cleanup waves (easily solvable) Choosing optimal pricing model (per-block snapshot vs per-tx evaluation) Clean VM accounting for mixed gas + deposit + negative net cost txs Tuning the price curve shape and update rules
FULL VIDEO of my panel discussion on the MainStage at @Zebu_live. We talk about how AI is altering the DeFi landscape!
I relax and smile more towards the end😁
https://t.co/tM3XYlp13L
Crypto has lost the plot. I'm tired boss.
This place used to be punk, but it's sold it's soul to the institutions it vowed to dethrone and has lost its identity entirely.
Crypto was intended to be an apolitical rebellion. That's been replaced with pseudo-partisanship, grifting, insider trading, and corruption from the top down.
What drew me to this place was disruption, ownership, art, privacy, truth. A chance to level the playing field. But right now it's just old dogs, new tricks.
CT has become insufferable, too. If I have to read one more fucking ChatGPT info-fi post about some protocol nobody is every going to use to farm some token that nobody is going to hold for more than 17 minutes I'm gonna blow my brains out.
Cozy in spot, and I know it's up only for [my bags] obviously, but I'm deeply disinterested in what's going on here right now. Bummer.