I am a technology optimist. I believe:
1. decentralization and censorship-resistance (real versions of these properties, not larps) matter to human freedom in the coming age of AI
2. self-sovereign money, implemented by code and maintained through decentralized consensus, is the final form of money. But it needs to be truly decentralized -- cut out every possible weakness, trust assumption, keeper, etc. Of course there will be connectors to the real world - harden those maximally
3. AI will write most smart contract code. Spec-driven development with Formal Verification will be how new contracts are written rigorously. FV will also be crucial to securing all the infra including the blockchain itself
4. AI will harden our surfaces, with some unfortunate hacks in the process, but ultimately the crypto and financial industries will come out stronger
5. properly-constructed and properly-indexed data lakes will enable agents to build software far more productively
6. governments will move to restrict AI usage in the future, causing true decentralization and CR to matter in dramatic fashion
7. quantum security will be a must for any ledger where people trust their assets. And specifically, blockchains will need to deliver quantum-resistance while retaining programmability and performance. Again, no larping
8. ZK will be an important part of the puzzle too, as it'll be increasingly important to prove off-chain computation and utilize the result on chain. But again, performance and effortlessness for users will be the differentiator
9. pragmatic and composable privacy will be the missing piece for real adoption. People will use apps that stack together stablecoins, DeFi, blockchain settlement, passkey or MPC authentication, and friction-free onramps, but the part that gets fintechs over the line is knowing that user balances will remain private while still being able to tap into shared liquidity
10. blockchain will serve as the global, universal marketplace, for anyone anywhere to get the best opportunities. For that we will need guarantees of fair execution, protection from frontrunning, and a convergence of all of the best assets
At @category_xyz and the @monad Foundation, we are assembling all of these missing pieces in parallel with extreme urgency, and I hope this is clear from our actions. See you in the future
Amazing work by PGPZ, per usual. I see some really great opportunities to educate the @SECGov on zkVM-- especially re: satisfying Rule 103(b)(7) without custom circuits or viewing key disclosure.
Gm!
Yesterday, we submitted comments on the @SECGov's proposed Regulation Crypto Assets, focusing on financial privacy and the Zcash ecosystem.
The proposal would create new fundraising exemptions and a conditional safe harbor for determining when a crypto asset is no longer subject to an investment contract.
We’re asking the SEC to:
• Preserve the distinction between a crypto asset and an investment contract involving it.
• Expressly accommodate encrypted transactions and zero-knowledge proofs.
• Allow verification without unnecessary disclosure of financial histories, wallet information, or sensitive keys, while preserving material investor information.
• Clarify that continued maintenance, research, and development do not, by themselves, prevent safe harbor eligibility.
• Allow safe harbor use without implying an admission of prior investment-contract or issuer status.
The proposed disclosures would apply to issuers using the exemptions, not the Zcash ecosystem generally. Where they apply, compliance should be possible without disabling shielded transactions or exposing unrelated financial activity.
Financial privacy should be compatible with clear, workable rules.
Read our comments here:
https://t.co/g3LLXGdF2s
@goodalexander@Ds_9981 If a law firm has a data breach, it's gg.
Also, a massive part of their value is in their knowledge base -- so if that leaks, also gg.
OP seems to be talking about paralegal TaSkS. Because even back office admin has a tremendous amount of peril in MNPI, knowledge etc.
@goodalexander The AI cognoscenti under appreciate how Fort Knoxian biglaw is. Confidentially and privilege sit above everything -- costs, profits, whatever.
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⬡ CHAINLINK Q3 MOMENTUM ⬡
• Launched CCIP 2.0
• $15B+ migrates to CCIP
• $140B secured across onchain finance
• TradFi adoption: DTCC, Swift, & more
• Enterprise adoption: Infosys, Robinhood, & more
• Work with policymakers across the U.S., UK, & Hong Kong
.@apolynya is back with updated thoughts on ZK.
One line stood out: “The potential impact of ZKPs supercedes that of all blockchains.”
Early signs say he’s right. Our upcoming 2026 ZK Industry Report with @zeroknowledgefm surveys adoption across categories beyond blockchains.