Greybeard

Protocol Developer @OffshiftXFT. Pioneering private synthetics on Ethereum.

[Greybeard @GreybeardXFT]

Privacy is a human right.

[Greybeard @GreybeardXFT]

@clairekart @veethenomad @motherpredicate @hdevalence @penumbrazone @AleoHQ @zcash @anoma Do we count?

[Greybeard @GreybeardXFT]

@hdevalence @BlockEnthusiast ZK proving ofc

We do this for sequencing. Builder sponsors new wallet -> prover rolls up private txs and adds their own, taking fees -> posts transition

[Greybeard @GreybeardXFT]

@VitalikButerin Any person can anonymously publish our protocol txs to L1 from a fresh wallet without needing ETH (using builder sponsorships)

[Greybeard @GreybeardXFT]

@VitalikButerin We are a dapp rollup, but we are stage 2 pending Noir Lang being audited. We wrote our protocol to be permissionlessly sequenced out of the box.

[Greybeard @GreybeardXFT]

If your favorite application or protocol has scaling needs and isn't using zk to enable it to be fully permissionless, it's because they're still running on "Just Trust Me Bro" technology.

[Greybeard @GreybeardXFT]

@Timccopeland We shipped a dapp rollup with a fully permissionless sequencer

[Offshift @OffshiftXFT]

What's #TVO?

Offshift Momiji launched 2 weeks ago, and it's different than the #DeFi protocols you're used to.

In fact, a few years ago we coined the term #PriFi to better describe it.

Momiji allows users to 𝘚𝘩𝘪𝘧𝘵 $XFT into completely private #zkAssets on #ETH L1 🧵

[Greybeard @GreybeardXFT]

You have TVL.
Offshift has TVO.
We are not the same.

[Offshift @OffshiftXFT]

Feel the $XFT burn 🔥

Watch the #zkXFT TVO climb 📈

In real time - on our new Analytics Dashboard

#Momiji #PriFi
https://t.co/BgvfxNN8TB

[Greybeard @GreybeardXFT]

Slow and steady the ship finally sets out to sea.

[Offshift @OffshiftXFT]

Offshift #Momiji has been live for < 48h👀

📊Some stats:

- 10 batches published

- 50k+ $XFT burned

- 50k+ $zkXFT created

What's $zkXFT?

> A completely private version of $XFT on Ethereum L1

🔜 What's next?

> Completely private $zkXFT transfers between #ETH wallets

Join us👇
https://t.co/GS5ySo6cLG

[Offshift @OffshiftXFT]

Four years to the day after the Offshift project was launched, with our core principles of privacy, decentralization and censorship resistance still intact -

We present Offshift Momiji.

Confidential assets on Ethereum L1 are now live.

https://t.co/su6aYmvft1

[Greybeard @GreybeardXFT]

The last few pieces of the network will finally come together starting tomorrow.

If you've been interested in running a node to collect fees or help participate in decentralized trustless infra, join us!

[Offshift @OffshiftXFT]

Tomorrow the launch of Offshift's prover network starts with our community taking the reins.

No team-run infrastructure - it's all in your hands!

Join us tomorrow 👇
https://t.co/GsevchpxXP

[Savio 👽 @savio_sou]

Challengers?

[Greybeard @GreybeardXFT]

@scupytrooples We're finally rolling out a platform that we built on a decentralization/privacy first rollup we also built from scratch, where permissionless sequencing was part of the main point and is functioning today.

https://t.co/Ro4iodqVmj

[Offshift @OffshiftXFT]

Nearly 4 years in the making, Phase 1 of the Offshift Momiji rollout is now complete, with the core protocol live on Ethereum Mainnet.

In addition, the first ever PureL1Rollup batch has been proven and published - in which a wallet with no ETH submitted an $XFT deposit to a batch which was rolled up by an anonymous prover and published by a brand new wallet with no ETH 👇

https://t.co/G6sJ3bjV0R

[Greybeard @GreybeardXFT]

Our biggest and most important launch to date. The Momiji protocol has hit mainnet.

[Offshift @OffshiftXFT]

Nearly 4 years in the making, Phase 1 of the Offshift Momiji rollout is now complete, with the core protocol live on Ethereum Mainnet.

In addition, the first ever PureL1Rollup batch has been proven and published - in which a wallet with no ETH submitted an $XFT deposit to a batch which was rolled up by an anonymous prover and published by a brand new wallet with no ETH 👇

https://t.co/G6sJ3bjV0R

[Greybeard @GreybeardXFT]

Soon ™️

[Greybeard @GreybeardXFT]

We're in the final stretch of our development cycle, and we're really excited to share the result of our work once we're feature complete.

Join us on Telegram: https://t.co/UCKDOuHamw

If you're interested in becoming a prover/publisher when we go live: https://t.co/A9noUGTQSX

[Greybeard @GreybeardXFT]

Offshift v2 Momiji Feature Preview:

Anonymous, gasless publishing.

Let's talk about block.coinbase.transfer, which pays to the builder (or validator) who submitted the current block.

If you're at all familiar with PBS, you can already guess where this is going.

[Greybeard @GreybeardXFT]

So what's the end result?

Publishers can accept private fee payments, prove batches, and submit it from a fresh wallet without ever revealing who they are on-chain! Other than the block builder and deposits/withdrawals, everyone stays completely anonymous and fully private.