Rand

Founder (@zama), deeptech investor ( & competitive biohacker

[Rand @randhindi]

https://t.co/MIU5jaR45M

[Rand @randhindi]

@dcbuilder Nice portfolio!

[Rand @randhindi]

@FrontierSignal_ Depends on your time horizon. I think commercial fusion reactors are < 10 years away.

[Rand @randhindi]

If you continue the trend of moving downstream AI components, you inevitably end up concluding you should invest in nuclear fusion

[Coin Bureau @coinbureau]

⚡️HUGE: Situational Awareness bets $400 MILLION on stealth chip startup Source Foundry.

The fund has now put $500 MILLION into the startup, which is building machines to challenge ASML's grip on chip manufacturing, per WSJ.

Aschenbrenner sold the bulk of his stock portfolio to Citadel just weeks ago after July's margin calls.

[Rand @randhindi]

@milly_rock7 Multiple paths:
AI -> cloud -> GPU -> datacenters -> energy

AI -> cloud -> GPU -> semiconductor fab-> mining -> energy

No matter how you look at it, you always end up with energy as your main scaling bottleneck

[Rand @randhindi]

@0xKabukii Soon :)

[Rand @randhindi]

If you want a cryptographically-secure random seed, you can simply use the FHE.randEuint256() method from the Zama protocol. It generates 256 encrypted random bits, which you can then decrypt (no one else can). Docs: https://t.co/zc8xdPjyBh

[Rand @randhindi]

@kyle_corsola There has been a lot of progress. About 50 startups are trying it right now

[Rand @randhindi]

I dont agree, patents is precisely what enabled the industrial revolution to happen, as it gave inventors a way to commercialize their inventions without having to worry about incumbents with more money stealing their inventions. If you remove patents, you dramatically increase centralization around whoever has the most money, which means fewer new competitors, and in turn slower innovation.

[Rand @randhindi]

Kind of sounds like how europe votes laws these days

[banteg @banteg]

> 99.77% no

> turnout is too low

> okay turnout is higher now but it's self-selected

> okay unique operators also say no but they don't speak for their delegators

> okay solo stakers also say no but validators are obviously conflicted

> asking validators about issuance is like asking landlords about rent

> actually validator opinion was never relevant

> users are what matter

> no there is no way to measure what users think

> measurable preferences are not social consensus

> wow 99.9% no

> this level of opposition is actually evidence of validator capture

> precisely the entrenched rent-seeking constituency EIP-8363 is meant to fix

> every additional no vote strengthens the case for ignoring the vote

> 100% no

> unprecedented proof that reform is urgently needed

> proponents unchanged

> rough consensus achieved

[Rand @randhindi]

@0xKabukii Decryption is instant, maybe you’re including Ethereum block time? In which case what is slow is Ethereum, not Zama :). And yes on faster chains it will of course be as fast as their block time

[Rand @randhindi]

@Mazrael_shib Good catch we'll fix the link sorry

[Zama @zama]

JUST IN:

Zama partners with @HypernativeLabs for continuous onchain monitoring across the Zama Protocol.

The integration gives operators real-time visibility into protocol activity while preserving the confidentiality of assets and transactions.

[Rand @randhindi]

We need more people like @realchriswilder in crypto, real builders with conviction!

[Zama @zama]

Meet the builder behind 12+ confidential applications on the Zama Protocol.

@realchriswilder spent three years as a community manager before writing a single smart contract.

Today, he’s one of the most prolific builders in the Zama ecosystem.

[Rand @randhindi]

@kyle_corsola @furkanakal No, you can only learn the total amount of those 100 trades, there is no way you can ever learn the amount of a single trade

[Rand @randhindi]

Something nice about FHE is that you can build privacy-preserving analytics into your smart contracts, so that you can get some idea of how people use your product without seeing their data. All it takes is a single line of solidity code: FHE.add(encryptedSwapAmount, encryptedTotalVolume).

For example in our confidential RFQ swap, we have an encrypted volume counter that adds the encrypted amount swapped in each trade, which is then revealed every 100 trades (or any other time period you decide).

This is important for 2 reasons: 1. it gives us data to improve the product, and 2. it gives token holders visibility on protocol growth and how many fees are being burnt as a consequence.

[Rand @randhindi]

@ssovoovo We have XAUt already in the protocol, although there isn't a vault or swap for it yet

[Rand @randhindi]

Interesting, so it seems a lot of people want to hold tokenized commodities and real estate. Who is tokenizing this?

[Rand @randhindi]

Imagine every asset on earth was tokenized. Which ones would you hold in your portfolio?

[Rand @randhindi]

@furkanakal The swap amount is never public, only the aggregated total. Otherwise there wouldnt be much privacy :)

[Rand @randhindi]

@furkanakal Its publicly decryptable, so anyone can trigger it. Thats on purpose so people wont have to take our word on it when we report volume KPIs.