When you use it for a while on a project, it is clear that even Fable misses things that are obvious to you and you need to drive it in the right direction. Not clear to me what it is, but this has so far I have always felt this with new models after the first impression wears off.
Don't get me wrong, it already has superhuman performance for a lot of tasks, but it still feels like there is something missing, although it is hard to pinpoint what exactly. Something happens in the human brain as you get deep into a project and get a good understanding, that models just don't as far as I can observe.
Will be interesting if (and when) that gap closes.
Also gold doesn't underpin a technology which disrupts a $400T market (global wealth).
Now imagine what an asset will be worth doing that while realyielding 4%+.
Don't think in peanut terms.
Ticker is ETH.
last cycle sort of sucked for ETH. i can't reasonably argue it didn't
but the difference from almost every other asset in the space is that Ethereum and ETH didn't die, and nor will they die. in fact, Ethereum is emerging to be in a position where it is stronger than ever
between the rise of EthLabs, catalyzed by DAT funding and what it means for shifting balances of power in the ecosystem
and continued efforts to scale the base chain, now moving faster than ever
and the emergence of Robinhood onchain and what it portends for the rest of tradFi coming onchain
it's becoming clear that these are real structural shifts in crypto infrastructure and adoption which will eventually manifest in the market
and that the vast majority of people here are and will remain offsides on ETH because they've been burned by it in the past
you have somewhere between ~1-6 months to accumulate ⏰
@cptgrumpus@FigoETH Just imagine telling your great grandparents a "reasonable" house would one day cost a million dollars.
ETH will get there eventually, but might legit take 100 years.
"I personally believe we will boil down the world into two crypto assets that matter," says @pbrody of Nightfall Networks.
He tells @RemyBlaireNews institutional adoption is "full speed ahead" with competition driving down transaction costs, while the broader crypto market consolidates around $BTC and $ETH.
for many years now i've had a theory of chain carcinization: "a form of convergent evolution in which non-crab crustaceans evolve a crab-like body plan."
if it's a useful feature, chains will integrate it, tailored to their context
https://t.co/eLNtcsowp9
This is the bull thesis for Ethereum and ETH in a nutshell:
Global monetary and financial systems are weakening and have likely reached a point of no return. USD remains relatively stronger than other fiat currencies, but it is still in decline, and rescuing it has become politically impossible.
The world increasingly needs a successor to existing fiat currencies that is sound and globally accepted. The alternatives are gold, BTC, or ETH.
Gold almost always requires trusted third-party custody to function at scale. Its reserves are difficult to audit, authenticate, and transact with efficiently. In the past, it became obsolete as a currency because it carries too much friction. It remains historically significant as an asset, but it is not suitable for a global digital economy.
BTC’s digital friction is analogous to gold’s physical friction. It is not sufficiently programmable, it does not scale, and its development culture has become dysfunctional enough to represent a systemic risk. BTC also carries two unique burdens: it is still overwhelmingly subsidized by issuance while onchain demand continues to dwindle, with no clear sign of reversal, and it has a major institutional holder carrying irresponsible long exposure funded by debt obligations and negative cash flows. BTC is technically unsuitable and structurally compromised.
ETH is the frictionless alternative. It is the digital asset backing the internet of finance, where institutions are building the future of financial markets and services. It is scaling exponentially, integrates directly with the digital economy, has earned the reputation and regulatory merit of being officially classified as a digital commodity, and is slowly but surely gaining traction as a digital store of value that is structurally efficient, economically sustainable, and built for the future.
The gov't theory in my case isn't about me. It's a template.
Under US v. Storm, "money transmitting" no longer requires custody or control of funds. Publishing code that others use is enough.
Who's in danger:
→ Every maintainer of open-source privacy, messaging, or crypto tools that any bad actor ever touches
→ Every operator of a financial service — DeFi or not — who learns some % of users are illicit and keeps operating. Knowledge alone becomes the crime
→ Every dev of immutable, self-custodial software, held to a duty to "stop" what is technically unstoppable
It's already working as designed. Michael Lewellen finished lawful crowdfunding software and can't publish it. He asked DOJ if he'd be prosecuted. Their answer, in federal court: we "cannot disclaim an intent to prosecute."
Finished code, sitting on a shelf. You don't need to be charged to be silenced.
And SDNY isn't done with me. Prosecutors want to retry me regardless — regardless of the hung counts, regardless of Van Loon, regardless of FinCEN's own guidance.
I've been fighting this for 3+ years. Legal defense at this level costs millions, and I can't do it alone.
If you write code, use privacy tools, or believe publishing software isn't a crime — this is your fight too.
Donate: https://t.co/lx9E4ILDrn
Every retweet helps. Every dollar goes to the defense.
It's been 210 days since Fusaka activated, and we're getting closer to the next fork: Glamsterdam.
Since the Merge, Ethereum has shipped a fork every ~294 days on average.
Shapella: 210 days
Dencun: 336 days
Pectra (pls don't remind me): 420 days
Fusaka: 210 days
Glamsterdam is shaping up to be one of the bigger forks. ePBS revamps the block validation pipeline while reducing trust assumptions. BALs bring parallelization to Ethereum, and repricing EIPs make sure we can keep scaling safely.
On top of the headline features, we're also getting ETH transfers emitting logs, a SLOTNUM opcode, a deterministic deployment factory, larger contract code size, and more.
Glamsterdam will scale Ethereum by around 5x, and with Hegota and a few more repricing EIPs, another 2–3x is within reach.
At the same time, work on Hegota is already ramping up. Inclusion Lists (FOCIL) + Frame Transactions will be a great combo, and there are already 20+ EIPs proposed alongside the two headline features.
Further out, zkEVMs are the next big theme. PQ Ethereum is also on the horizon, and there's already work underway to get the protocol ready for it. Before we get there, there are still things to do: revamp state and sync, improve RPCs, ship faster finality, shorten slots, add native privacy, and more.
Lots of stuff ahead, but it's good to see Ethereum's roadmap starting to come together.
Name determines destiny
You can simply manifest a better destiny through a better name
Ask the person who rebranded “convection oven” (boring, esoteric, housewifecoded) to “air fryer” (space-age, muscular, American)
The @ENS_DAO Public Goods Working Group has been sunsetted after 4.5 years of existence.
Was it perfect? Hell no! But in that time we funded open source compilers, developer tooling, privacy tooling, builder incubators, education programs, policy and ICANN research and builders at all stages of development, across six continents.
Here’s a tl;dr thread of what we did🧵
Full report if you want to dip right in: https://t.co/Xe9eOXvRdZ
I'm incredibly excited to share that we are launching Ethlabs.
The core belief: This is a unique moment for Ethereum. Adoption is here, the global economy is moving onchain.
We want to help Ethereum realize its potential and become the shared global settlement layer.
sad that lots of very talented people were let go from EF today
but happy to see that many are continuing to contribute to ethereum in some way
reminder that EF =/= ethereum
this is the era where new players will shine