heyrain

A heavy iron block (support) on which metal (value) is shaped (prices). Forge. Still forging.

[heyrain @forge_anvievox]

mansions are great but nothing feels like home

[Huntleak @huntleak]

Hunt the leak. - Database Search engine

Email. Username. Phone. Stealer logs.
Plaintext when we have it. Hashes never shown as passwords.

61 billion records. One hunt.

site: https://t.co/GLN2PVEDB8

TG: https://t.co/yosw4WZFBk

[vitalik.eth @VitalikButerin]

This is the right way to "make Ethereum be the home for AI".

Don't just do what everyone else would do anyway, just on rails with an octahedron logo instead of a square or circle or pentagon logo. Make something fundamentally better, using meaningful technological improvements in ZK privacy-preserving payments and reputation.

[DonAlt @DonAlt]

It's so wild how ETH goes up a bunch which leads to altcoins going up a lot which leads to ETH pulling back a tiny bit which leads to altcoins going back to zero

Pretty clear that there is a sticky bid for ETH, probably wisest to stick to that if you're not an excellent trader

[Altcoin Daily @AltcoinDaily]

Who here will be brave enough to buy the bitcoin dip? 🙋

[CZ 🔶 BNB @cz_binance]

gm, the food taste so good... And what a luxury to be able to have more than one piece of fruit per day!

I know some of you may have a lot of questions. I won't have all the answers.

Let me chill for a bit. Then figure out the next steps. There are always more opportunities in the future than there were in the past.

I want to thank everyone for your support. It meant a lot to me, and kept me strong in the darkest moments.

A few quick updates/thoughts:

Giggle Academy has been going well, and will be a big part of my life for the next few years.

Will continue to invest in blockchain/decentralized technologies, AI, and biotech. I am a long term investor who care about impact, not returns.

I will also dedicate more time and funding to charity (and education). I have some rough ideas.

Still working on my book. About 2/3 done, I think. Writing a book is a lot more work than I anticipated, but will see this one through.

Oh, @binance seems to be doing well without me back-seat-driving, which is excellent. Every founder's dream!

Stay tuned. See you at the conferences.

[vitalik.eth @VitalikButerin]

There have recently been some discussions on the ongoing role of L2s in the Ethereum ecosystem, especially in the face of two facts:

* L2s' progress to stage 2 (and, secondarily, on interop) has been far slower and more difficult than originally expected
* L1 itself is scaling, fees are very low, and gaslimits are projected to increase greatly in 2026

Both of these facts, for their own separate reasons, mean that the original vision of L2s and their role in Ethereum no longer makes sense, and we need a new path.

First, let us recap the original vision. Ethereum needs to scale. The definition of "Ethereum scaling" is the existence of large quantities of block space that is backed by the full faith and credit of Ethereum - that is, block space where, if you do things (including with ETH) inside that block space, your activities are guaranteed to be valid, uncensored, unreverted, untouched, as long as Ethereum itself functions. If you create a 10000 TPS EVM where its connection to L1 is mediated by a multisig bridge, then you are not scaling Ethereum.

This vision no longer makes sense. L1 does not need L2s to be "branded shards", because L1 is itself scaling. And L2s are not able or willing to satisfy the properties that a true "branded shard" would require. I've even seen at least one explicitly saying that they may never want to go beyond stage 1, not just for technical reasons around ZK-EVM safety, but also because their customers' regulatory needs require them to have ultimate control. This may be doing the right thing for your customers. But it should be obvious that if you are doing this, then you are not "scaling Ethereum" in the sense meant by the rollup-centric roadmap. But that's fine! it's fine because Ethereum itself is now scaling directly on L1, with large planned increases to its gas limit this year and the years ahead.

We should stop thinking about L2s as literally being "branded shards" of Ethereum, with the social status and responsibilities that this entails. Instead, we can think of L2s as being a full spectrum, which includes both chains backed by the full faith and credit of Ethereum with various unique properties (eg. not just EVM), as well as a whole array of options at different levels of connection to Ethereum, that each person (or bot) is free to care about or not care about depending on their needs.

What would I do today if I were an L2?

* Identify a value add other than "scaling". Examples: (i) non-EVM specialized features/VMs around privacy, (ii) efficiency specialized around a particular application, (iii) truly extreme levels of scaling that even a greatly expanded L1 will not do, (iv) a totally different design for non-financial applications, eg. social, identity, AI, (v) ultra-low-latency and other sequencing properties, (vi) maybe built-in oracles or decentralized dispute resolution or other "non-computationally-verifiable" features
* Be stage 1 at the minimum (otherwise you really are just a separate L1 with a bridge, and you should just call yourself that) if you're doing things with ETH or other ethereum-issued assets
* Support maximum interoperability with Ethereum, though this will differ for each one (eg. what if you're not EVM, or even not financial?)

From Ethereum's side, over the past few months I've become more convinced of the value of the native rollup precompile, particuarly once we have enshrined ZK-EVM proofs that we need anyway to scale L1. This is a precompile that verifies a ZK-EVM proof, and it's "part of Ethereum", so (i) it auto-upgrades along with Ethereum, and (ii) if the precompile has a bug, Ethereum will hard-fork to fix the bug.

The native rollup precompile would make full, security-council-free, EVM verification accessible. We should spend much more time working out how to design it in such a way that if your L2 is "EVM plus other stuff", then the native rollup precompile would verify the EVM, and you only have to bring your own prover for the "other stuff" (eg. Stylus). This might involve a canonical way of exposing a lookup table between contract call inputs and outputs, and letting you provide your own values to the lookup table (that you would prove separately).

This would make it easy to have safe, strong, trustless interoperability with Ethereum. It also enables synchronous composability (see: https://t.co/9jy6v1X6Fw and https://t.co/gZmu3YjebM ). And from there, it's each L2's choice exactly what they want to build. Don't just "extend L1", figure out something new to add.

This of course means that some will add things that are trust-dependent, or backdoored, or otherwise insecure; this is unavoidable in a permissionless ecosystem where developers have freedom. Our job should make to make it clear to users what guarantees they have, and to build up the strongest Ethereum that we can.

[Flood @ThinkingUSD]

Vlad can get a massive M2M increase and next run on his blockchain ecosystem by airdropping pre-IPO anthropic shares to holders of top assets on his chain.

If he spends 10-100mm he'd probably get 10x back in activity, speculation and user onboarding.

[Base @base]

“What’s Base?”

Glad you asked

▶︎ •၊၊||၊|။||||။၊|။|||။|||။၊| 3:51:21

[heyrain @forge_anvievox]

what's the one project you actually think survives the next cycle?

[heyrain @forge_anvievox]

Half the "daily crypto recaps" read like recycled noise, but you can't deny the pace of this market anymore. Every 24h feels like a week. Still cautious on the hype, but long-term? I'm not fading it. Who else feels the shift? #crypto

[heyrain @forge_anvievox]

$1M a month vanishing into a scam ring run by 46+ people... and only 62 victims identified? How many more are out there too embarrassed to come forward?

Kudos to Ukrainian police for the bust, but this is just the tip of the iceberg. Thoughts? #CryptoScam

[heyrain @forge_anvievox]

Same logic killed most stock traders too—why do we assume crypto will somehow be the exception?

[heyrain @forge_anvievox]

Miss 10 of the best days in Bitcoin's history and your returns basically evaporate. Yet everyone still thinks they'll nail the top and bottom perfectly. Why do we keep lying to ourselves? #BTC

Anyone actually timed it right?

[panda @pandaa]

Drop your solana address

Check the wallet later.

[Monad @monad]

ONE BILLION DOLLARS OF TOTAL VALUE LOCKED IN DEFI ON THE MONAD LAYER 1 BLOCKCHAIN

[heyrain @forge_anvievox]

sunday morning, coffee, and 47 tabs of whitepapers open. my girlfriend calls it a problem. i call it research. we're both right tbh

[heyrain @forge_anvievox]

Watching nearly half of the stolen Coldcard BTC start moving is wild… why do these attackers always get bold months later like nobody's tracking them? On-chain sleuths about to have a field day. Who's paying attention? #Bitcoin

[heyrain @forge_anvievox]

Am I wrong here? Let me know.

[heyrain @forge_anvievox]

ran the numbers: every 10% my portfolio moves, I lose ~1.5 hours of sleep. green candles = 3am scrolling, red candles = staring at the ceiling. either way, my Oura ring is disappointed in me

[heyrain @forge_anvievox]

sunday stats: 4 whitepapers, 3 coffees, 1 existential crisis about tokenomics. wife says it's a problem. i say it's alpha extraction.