Apostolos

apostolos.eth, ETH solo validator, CryptoPunk #6838

[vitalik.eth @VitalikButerin]

Re-posting the idea from the second half of this post a few months ago https://t.co/5yHyRCsvVV:

(This is very relevant to the options ideas from yesterday)

Question: if we're making a synthetic stable, what should it really be stable WITH RESPECT TO? USD is actually far from the best choice.

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What do people who want stablecoins ultimately want? They want price stability. They have some future expenses in mind, and they want a guarantee that will be able to pay those expenses. But if crypto grows on top of USD-backed stablecoins, crypto is ultimately not truly decentralized. Furthermore, different people have different types of expenses. There has been lots of thinking about making an "ideal stablecoin" that is based on some decentralized global price index, but what if the real solution is to go a step further, and get rid of the concept of currency altogether?

Here's the idea. You have price indices on all major categories of goods and services that people buy (treating physical goods/services in different regions as different categories), and prediction markets on each category. Each user (individual or business) has a local LLM that understands that user's expenses, and offers the user a personalized basket of prediction market shares, representing "N days of that user's expected future expenses".

Now, we do not need fiat currency at all! People can hold stocks, ETH, or whatever else to grow wealth, and personalized prediction market shares when they want stability.

[Apostolos @Provatidis]

I haven't sold my ETH and I'm still here having no idea what I'm doing about Ethereum🫡

[AdrianoFeria.eth 🦇🔊 🛡️ @AdrianoFeria]

I haven't sold my ETH and I'm still here bull posting about Ethereum 🫡

[Kostas Karasavvas @kkarasavvas]

#Bitcoin library python-bitcoin-utils (v0.8.0) now supports PSBT (BIP-174).
https://t.co/Pj2bAYcHqR

[Apostolos @Provatidis]

This made my day, good job!

[Freedom Factory @FreedomFactory]

openclaw for EVERYONE: introducing Andyclaw.

openclaw rewritten in kotlin, made for ALL android devices. Now included on the dGEN1.

and we've open sourced the repo for any android device, along with the rest of our dGEN1 app SDKs.

[vitalik.eth @VitalikButerin]

Now that ZKEVMs are at alpha stage (production-quality performance, remaining work is safety) and PeerDAS is live on mainnet, it's time to talk more about what this combination means for Ethereum.

These are not minor improvements; they are shifting Ethereum into being a fundamentally new and more powerful kind of decentralized network.

To see why, let's look at the two major types of p2p network so far:

BitTorrent (2000): huge total bandwidth, highly decentralized, no consensus

Bitcoin (2009): highly decentralized, consensus, but low bandwidth - because it’s not “distributed” in the sense of work being split up, it’s *replicated*

Now, Ethereum with PeerDAS (2025) and ZK-EVMs (expect small portions of the network using it in 2026), we get: decentralized, consensus and high bandwidth

The trilemma has been solved - not on paper, but with live running code, of which one half (data availability sampling) is *on mainnet today*, and the other half (ZK-EVMs) is *production-quality on performance today* - safety is what remains.

This was a 10-year journey (see the first commit of my original post on DAS here: https://t.co/Fa0jKFgObW , and ZK-EVM attempts started in ~2020), but it's finally here.

Over the next ~4 years, expect to see the full extent of this vision roll out:

* In 2026, large non-ZKEVM-dependent gas limit increases due to BALs and ePBS, and we'll see the first opportunities to run a ZKEVM node
* In 2026-28, gas repricings, changes to state structure, exec payload going into blobs, and other adjustments to make higher gas limits safe
* In 2027-30, large further gas limit increases, as ZKEVM becomes the primary way to validate blocks on the network

A third piece of this is distributed block building.

A long-term ideal holy grail is to get to a future where the full block is *never* constituted in one single place. This will not be necessary for a long time, but IMO it is worth striving for us at least have the capability to do that.

Even before that point, we want the meaningful authority in block building to be as distributed as possible. This can be done either in-protocol (eg. maybe we figure out how to expand FOCIL to make it a primary channel for txs), or out-of-protocol with distributed builder marketplaces. This reduces risk of centralized interference with real-time transaction inclusion, AND it creates a better environment for geographical fairness.

Onward.

[Apostolos @Provatidis]

Ethereum in a few bullet points

[Apostolos @Provatidis]

@Psilocybrain @cryptopunks @larvalabs @nodefnd Welcome! 🍄

[Apostolos @Provatidis]

@reidhoffman welcome!

[Apostolos @Provatidis]

GM from Greece!
Have a great one

[Apostolos @Provatidis]

This is getting interesting. I love how creators would get loyalties again.

[TokenWorks™ @token_works]

Introducing NFTStrategy: A Perpetual Machine for every NFT collection

PunkStrategy started as an art project, and turned into a whole new token meta. It was bound to be forked, and we felt like we should create a way to launch your own while still being permissionless and safe for buyers. We also wanted to make sure each one strengthened $PNKSTR, and also gave value back to project creators/artists that have slowly been cut out of royalties.

How it works:
- Every ERC721 NFT collection can have a single NFTStrategy token deployed for it (1 to 1)
- Fees pool up from trades, buy NFTs for that collection, and relist them at 1.2x
- When the NFT sells, all of the ETH is used to buy and burn that NFTStrategy token.
- This continues, forever.

Fee Breakdown:
- Right now $PNKSTR has a 10% trading fee, with 8% going to the NFT accumulation pool, 1% to TokenWorks supporters, and 1% to the TokenWorks team.
- NFTStrategy tokens will have a slightly different fee structure. Each will still have a 10% fee, with 8% going to the NFT accumulation pool. 1% will go to the collection owner as royalties, and 1% will be used to buy and burn $PNKSTR

How To Launch:
- There will be 3 launch phases. First, 5 NFTStrategy tokens will launched by the TokenWorks team on Day 1: $APESTR (Bored Apes), $PUDGYSTR (Pudgy Penguins) $DICKSTR (Dickbutts) $BIRBSTR (Moonbirds), $MEEBSTR (Meebits).
- Later, deployments will open up to any owner of an NFT collection. Finally, deployments will be open for anyone for a fee.

Fair Launch:
- Each token will launch at a starting marketcap of $50k, with all of the tokens added to the initial LP.
- For public launches, the deployer will also get 1% of the token included in the deploy fee.
- To deter snipers, buy fees will start at *95%* and decrease by 1% each minute, eventually resting at 10%.

All announcements will come only from the official @token_works account, and time will be announced in advance. Goal is to launch tomorrow, Sept 18th. Avoid scams and stay vigilant.

[Apostolos @Provatidis]

@superphiz @ethereum Home staker since genesis 🤝

[Apostolos @Provatidis]

@intocryptoast 🍻

[Apostolos @Provatidis]

@LigyP11594 Both approved

[Apostolos @Provatidis]

Just now, live fires from Patra port

[Apostolos @Provatidis]

@PirateCodeWeb3 @punksOTC Nice one

[Boros @boros_fi]

Introducing Boros, Pendle’s new platform for trading funding rates

🔗 https://t.co/YAuMXhrGe2

[Apostolos @Provatidis]

@punksOTC 6838

[Apostolos @Provatidis]

@cryptopunksbot