Shafi Goldwasser in 1985: "It'll be amazing to see what great and exciting things people do with zero-knowledge proofs in the future"
The future: "Here's a $100 million company of 20 PhDs working round the clock so you can buy penguin memes without getting front-run by MEV bots"
If you want to dive deep into how huge trades are done in this space, read this thread. This huge block of cryptopunks sale was why the @cryptopunksbot was going off like crazy too.
Giga 🧠 + Giga buy strategy
Sweeping NFT floors in one block via bribing miners is a bigger flex than buying the rarest item of a collection and probably more effective at rerating the entire collection.
Expecting to see these block trades become staple catalysts soon.
🗣️Exclusive Interview!
💰A week ago, an anonymous buyer shocked the #NFT world by purchasing 88 #CryptoPunks for $5.5M
@CamiRusso spoke to @0x650d about the trade and how @Mining_DAO was able to help him to execute it without being targeted by bots👇
https://t.co/opQFHd7fYv
It was critical to work with someone who could guarantee full privacy, and @Mining_DAO was the best for the job. For more details on how the trade was executed, or if you want to do the same, read this thread:
https://t.co/yT2Do2daBh /9
One of the most beautiful NFT transactions I’ve seen this year. The thread on the story behind @0x650d and @Mining_DAO bought 100 punks avoiding front runners.
Cc @MichaelTant3
What do you do when you're a gigachad like @0x650d and want to buy 100 cryptopunks at the same time, while being certain it will go through with no front-runners jumping out of the dark forest to interfere?
You contact @Mining_DAO
@ChainLinkGod@mevintern It's MEV in the same sense that regular transaction fees are MEV: they are literally paid to the miners.
Ordering didn't matter, privacy did.
https://t.co/H6rDmBZQx4
@mevintern It's MEV protection.
Trade size: ~3000 ETH, protected against front-runs
Fee: 5 ETH, pretty reasonable for a block full of transactions
@0x650d is just a chad and doesn't mind paying for fast tx conformation
@mevintern It's MEV protection.
Trade size: ~3000 ETH, protected against front-runs
Fee: 5 ETH, pretty reasonable for a block full of transactions
@0x650d is just a chad and doesn't mind paying for fast tx conformation
Mining pools are essential to the security of Ethereum. But very few people know how to create one that's actually competitive.
@IvanBogatyy, after building @Mining_DAO, demystifies this by showing how anyone can build their own mining pool:
https://t.co/k3Q1ZCZ3ZI
Mining pools are major power players in the Ethereum ecosystem, especially now with MEV being a $700M+ bounty. Yet they remain mysterious and understudied.
So @Mining_DAO is open-sourcing a detailed, step-by-step guide on how to build a pool. Enjoy!
https://t.co/NYYmsLYbvZ
We have added a custom Min Payout settings to the MiningDAO pool.
To set it up, please enter your miner's address in the search bar in the top right corner, then click "Settings", as shown on the screenshot.
Verification is performed via worker IP check.