path.eth 🛡️

Cryptocurrency trader since 2013. @BIC_dao @thecryptotrunks

[path.eth 🛡️ @Cryptopathic]

$ETH will be untouchable as the security layer and home of capital. A trustless authenticator for all of finance.

In anticipation of this, BIC has built up the world's largest collection of memes by bringing the artist's signatures onchain.

https://t.co/6f5dw1dBUi

[xtelepath @xtelepathx]

@Cryptopathic damn these exploiters are sneaky holding all their infinite zec in the pool thru all this nothing we can do can make them spend it they just keep silent its amazing

[path.eth 🛡️ @Cryptopathic]

@NashSqueezed @0xrundatback thnx 4 cheep coinz

[path.eth 🛡️ @Cryptopathic]

bid

[path.eth 🛡️ @Cryptopathic]

@Evan_ss6 same thing has happened twice before and was solved

silk road/dao hack moment. buy the wipeout tomorrow

[Mihai @presentlyMihai]

No, Zcash was not exploited.

The people who patched it were all top 0.001% of their field.

The methodology to find it is known and accessible to 0.01% of people.

The circumstances to find it were to hire a person whom already discovered an inflation bug 10 years earlier.

The circulating supply is following the predictable supply curve.

The Orchard pool is growing at a predictable rate consistent with the chain’s usage.

And even if it did get exploited (it didn’t), this is, worst case, similar to The DAO exploit in Ethereum, where 20% of the supply sat in the compromised smart contract, as opposed to the infinite mint bug on Bitcoin (21 million –> 184 billion).

Coming to your favorite coin next, but not Zcash.

[path.eth 🛡️ @Cryptopathic]

@hellojintao LMAOOOO

[path.eth 🛡️ @Cryptopathic]

@jjshredit i have owned hype too for a long time

[path.eth 🛡️ @Cryptopathic]

what if zec closed the day green

[path.eth 🛡️ @Cryptopathic]

@Tradermayne no

[Stats @punk9059]

This ZEC move shows that the AI risk to crypto isn’t just at the defi platform level but at essentially all coins. Massive amounts of wealth lost in the past 24 hours.

[path.eth 🛡️ @Cryptopathic]

@HunterBiden @gmoneyNFT based

[ski @bagholderski]

sorry buddy if you didn't mint a bunch of zcash using the exploit you're in the permanent underclass now

[ywc⟠ @yashwant_eth]

The truth is, all these folks would have not survived early bitcoin. Bitcoin was full of bugs and constantly under attack. True cypherpunks believed in creating a resilient system - their bet was not on some random numbers on a screen

The same people are dunking on Ethereum because their belief is tied purely to the price of ETH. The utility demand for ETH as an asset will never end, there is endless opportunity using ETH onchain

ETHs PR ratio (perception to reality) in many ways is self fulfilling, if Ethereum could get people to extend the access to capital it needs for long enough it will be successful - if it could not, then it would have already collapsed. Ivy ppl like to dunk comparing P/E ratios, crypto in it's very nature is meant to be irrational and comparing it to equity models is bullshit

I will always have big respect to @NTmoney and @ryanberckmans for being so loud on Ethereum when most were playing perception game

Believe in somETHing

[path.eth 🛡️ @Cryptopathic]

manifesting

[path.eth 🛡️ @Cryptopathic]

@cobie i jinxed it last week in nfd chat

[Sean Bowe @ebfull]

@0xdoug The commits were authored 4 days ago, but the refs did not exist in any public repositories. They were merged in after public disclosure.

[path.eth 🛡️ @Cryptopathic]

@MaherAbdelsala https://t.co/xQJFFXmbTy

[path.eth 🛡️ @Cryptopathic]

@DCinvestor layman-lindy reasoning: zec has had this exact fundamental problem twice before and survived

technical solution:
https://t.co/VaELtHzl67

[Jacob Gadikian @Senpai_Gideon]

I bet there are bugs just as scary as the one in Zcash in every major cryptocurrency.

Zcash just patched first.

[path.eth 🛡️ @Cryptopathic]

@DCinvestor layman-lindy reasoning: zec has had this exact fundamental problem twice before and survived

technical solution:
https://t.co/VaELtHzl67

[Sean Bowe @ebfull]

We can formally verify Zcash's shielded protocol so that the concern you're worried about -- the unique class of supply integrity vulnerabilities -- is actually *impossible.* (It mathematically reduces directly to the cryptographic assumptions.)

It's something we can probably do within weeks for our *existing* protocol, because the theorems are very simple and the proofs don't have to be written or checked by humans anymore... I think this more than satisfies the concern.

I've actually been talking about this for Zcash for a long time now! I've been blogging about it for nearly a year, we hired experts 6 months ago to help us formally verify our upcoming Zcash upgrade, it was the main focus of a post of mine last month... It's just that nobody really gives a shit about high assurance cryptography until there's a bug.

https://t.co/cYUPc5QB8T

[bulltard @toomadbro]

@Cryptopathic Really enjoying you cope about this

[path.eth 🛡️ @Cryptopathic]

@dave_papers hahaahahahahahaha

[path.eth 🛡️ @Cryptopathic]

Actually this is bullish. Similar to gold we don’t know how much is still out there. Maybe 21 million maybe 100, but the uncertainty will ironically drive price up long term. It’s dumb but true

[TripleThink Labs @TripleThinkLabs]

@scalinglayers @Evan_ss6 Actually this is bullish. Similar to gold we don’t know how much is still out there. Maybe 21 million maybe 100, but the uncertainty will ironically drive price up long term. It’s dumb but true