gichiba

Technical and Creative Writer.
Game Master @ alignment, chaotic good at my best.

[gichiba @gichiba]

To be fair, the treasury policy is exponential decay, so the centuries on the tail end of the millennia will be a lot less interesting

[gichiba @gichiba]

No one jives with the long-term, multi-generation strategic stewardship angle more than me.

But writing a mandate with "a thousand-year horizon" is a bit much, isn't it?

maybe wait for like, the 32 year merge anniversary before announcing the da vinci code of management docs

[Ethereum Foundation @ethereumfndn]

4/ Many of the systems people rely on are becoming less accountable to the people who use them. Now, Ethereum’s original promise matters more than ever before.

We were Ethereum’s first steward. Now we are one of many. And when we are gone, we hope the principles here will continue on without us.

[gichiba @gichiba]

@lydialaurenson season 1 of Party Down

[gichiba @gichiba]

@cryptowanderer @yoavw @ethereumfndn gas is cheap on Optimism :)

not sure my tinkering is particularly meaningful, but I do believe weird is the way home!

[vitalik.eth @VitalikButerin]

PeerDAS in Fusaka is significant because it literally is sharding.

Ethereum is coming to consensus on blocks without requiring any single node to see more than a tiny fraction of the data. And this is robust to 51% attacks - it's client-side probabilistic verification, not validator voting.

Sharding has been a dream for Ethereum since 2015 , and data availability sampling since 2017 ( https://t.co/Fa0jKFgObW ), and now we have it.

That said, there are three ways that the sharding in Fusaka is incomplete:

* We can process O(c^2) transactions (where c is the per-node compute) on L2s, but not on the ethereum L1. If we want to scaling to benefit the ethereum L1 as well, beyond what we can get by constant-factor upgrades like BAL and ePBS, we need mature ZK-EVMs.
* The proposer/builder bottleneck. Today, the builder needs to have the whole data and build the whole block. It would be amazing to have distributed block building.
* We don't have a sharded mempool. We still need that.

But even still, this is a fundamental step forward in blockchain design. The next two years will give us time to refine the PeerDAS mechanism, carefully increase its scale while we continue to ensure its stability, use it to scale L2s, and then when ZK-EVMs are mature, turn it inwards to scale ethereum L1 gas as well.

Big congrats to the Ethereum researchers and core devs who worked hard for years to make this happen.

[gichiba @gichiba]

@ssaintleger this is why the ministry of silly walks is a serious idea

[gichiba @gichiba]

Forest sure is dark these days

[gichiba @gichiba]

@VALRdotcom any reason you dn't support any L2s like @Optimism @base or @arbitrum ? You're making all your customers pay mainnet gas fees like it's 2019

[gichiba @gichiba]

@ontologymachine June's pretty soon, but Daedalus Berlin and/or @dist0rtionproto are always down for a little didactic and speculative silliness.

[gichiba @gichiba]

@VitalikButerin @ercwl strange new worlds is great!

[gichiba @gichiba]

@PhABCD @gakonst the real customers were the friends we made along the way

[Daniel @growing_daniel]

Awwww did someone take your hard work and use it to train a model to mimic your expertise without compensation

[gichiba @gichiba]

@austingriffith @drewcoffman nailed it

[gichiba @gichiba]

But I was told this one goes up to eleven.

[Jane Manchun Wong @wongmjane]

DeepSeek censors its own response in realtime as soon as Xi Jinping is mentioned

[gichiba @gichiba]

@not_qz

[gichiba @gichiba]

Seriously tho, 7 or more foundations is the right move here. Join the Ethereum Federation

[Lefteris Karapetsas @LefterisJP]

All right then. I will make the 4th foundation rise up to the challenge.

[gichiba @gichiba]

"we have hundreds of patents on the blockchain already. We know how to enter the field"

[AminCad Ξ🐬🔊 - evm/acc @AminCad]

Bank of America CEO says the banking industry will adopt Ethereum if regulation allows them

[gichiba @gichiba]

@leashless FWIW, this is the piece that really resonated for me, and I return to it now and again; still slaps.

[Aradtski @aradtski]

Truly astounding how none of the pro Ethereum threads mention the actual real case for it

It’s the distribution and neutrality of the social consensus layer; Ethereum is the only major network outside of Bitcoin that is pretty much guaranteed to be maintained by volunteers for the next century, even if all companies and foundations vanish / lose funding.

It’s the most basic, crucial ingredient of lasting open-source software. Nobody on ct seems to give any attention to it.

[gichiba @gichiba]

yes