Hello from Permissionless in Salt Lake City!
@LitheumOfficial is now very well known here - even the founder of Blockworks asked about Litheum 🔥
@GregTomaselli ✍️
Litheum, but we didn't launch the coin yet. It's the ultimate utility coin, representing performance in Proof of Performance meaning all of the Blockchains chains technical needs via gas (not just block production). Our innovative state size limiting mechanism via deposit means it also represents bytes of EVM state. We will be sharing much more publicly soon including live streams and Q&A. We will show what it means to be open and allow direct access to the tech team frequently.
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
The Litheum team is babysitting our LLMs. LLMs cannot reason. We are happier and more productive. An encyclopedia natural language interface is not a software engineer.
This is why I know how important community is for Litheum and why we've determined only to grow in the most organic ways, post all product development.
Also without explaining the principles behind the origin of the trilemma or how their solution actually addresses it directly other than "more transaction more good". But to be fair no one else has done that either (other than Litheum).
GM Builders!
Ever seen an L1 focus more on utility than noise?
@LitheumOfficial is building quietly fast execution, low fees, and a performancebased system designed for real use, not hype. The kind of foundation that serious builders look for.
Keep an eye on Litheum.
GM Builders!
Ever seen an L1 focus more on utility than noise?
@LitheumOfficial is building quietly fast execution, low fees, and a performancebased system designed for real use, not hype. The kind of foundation that serious builders look for.
Keep an eye on Litheum.
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