ethereum has been online ten years straight with zero pauses and zero maintenance windows.
in that time:
- facebook went down for 14 hours
- aws kinesis froze for 17
- cloudflare dropped 19 datacenters
- alt L1s…well, you know.
every centralised giant blinks, they rely on on-call humans and scheduled downtime.
but ethereum never stops, not through forks, crashes, bubbles, lawsuits, hacks, wars, and every kind of drama the internet can throw at it.
and it’s not thanks to a CEO or a hotline.
it’s not because someone saved it.
it’s because we all did.
devs, stakers, researchers, users,
millions of us, scattered across the world, choosing to show up, block after block, year after year.
while banks fail, clouds go dark and servers get patched, ethereum keeps going.
we keep going.
ten years online.
forever to go.
.@flashliquidity has integrated #Chainlink Data Streams and Automation on @arbitrum to help power onchain rebalancing operations in self-balancing pools.
Why Flash Liquidity chose the industry-standard low-latency oracle solution👇
https://t.co/Vo0zOXJwFx
@flashliquidity Subgraphs are live on @graphprotocol Decentralized Network 🔥
The upgrade process was quick, easy and gas free!
Flash Liquidity utilizes The Graph to:
📊Display Real-Time Data
⚙️Analytics Enhancement
➕And More!
Today @Uniswap Labs received a Wells notice from the SEC.
I’m not surprised. Just annoyed, disappointed, and ready to fight.
I am confident that the products we offer are legal and that our work is on the right side of history. But it’s been clear for a while that rather than working to create clear, informed rules, the SEC has decided to focus on attacking long-time good actors like Uniswap and Coinbase. All while letting bad actors like FTX slip by.
When I first set out to build Uniswap, the goal wasn’t to reimagine finance.
It was an experiment in radically decentralized, fully automated onchain markets. I didn’t know if it would work or if anyone would use it.
Fast forward to today, the Uniswap Protocol has processed over $2 trillion in volume. Many thousands of teams and developers have forked our code or built on top of it. We built entirely new financial infrastructure that is transparent, fair, secure, and accessible powering an entire industry.
The team at @Uniswap did all of this in the US from our office in New York City.
People often ask me why we stay in the US and my answer is simple: I believe that blockchain is incredibly powerful technology. Like the Internet, it’s here to stay. So someone needs to figure it out, and it might as well be us.
And that when you build technology that improves people’s lives – you don’t need to hide.
The @SEC’s mission is “protecting investors, maintaining fair, orderly, and efficient markets, and facilitating capital formation.” This is a noble mission. I would argue @Uniswap does a far better job of this today than the SEC.
Yes, I'm frustrated that the SEC seems to be more concerned with protecting opaque systems than protecting consumers. And that we'll have to fight a US government agency to protect our company and our industry.
This fight will take years, may go all the way to the Supreme Court, and the future of financial technology and our industry hangs in the balance. If we stand together we can win.
I think freedom is worth fighting for. I think DeFi is worth fighting for.
And of course, we won’t stop shipping. Stay tuned
🦄💜
📢 Important announcement:
Farms for self-balancing pools are being discontinued in anticipation of a future upgrade.
Please withdraw your LP tokens from archived farms: https://t.co/KVLomwvkcK
The year is 2029.
You open the McDonalds app.
You initiate a transaction to bridge your McPoints to McDonalds layer 6 McChain that rolls up to Base.
You fall for a wallet drainer offering a free 20 piece chicken McNuggets. You lose everything.
- Upgradeable contracts are not something to brag about. In fact it introduces an additional attack vector risk. Contracts should be immutable if possible by default, unless there’s very strong reason for upgrading.
- Bytecode upgradeable proxies have been around for ages. Not revolutionary. Bag biases are the revolutionaries.
- Metamorphic contracts (upgradeable contracts via selfdestruct opcode) will not be upgradeable after EIP-6780 Cancun.
- Bytecode proxies with the addresses baked into the bytecode lack automatic proxy-detection in Etherscan. Not a thing you should be proud of.
- “Upgradeable micro services” (i.e. diamonds) poses a heavy security overhead and adds extra runtime gas. Not recommended unless necessary due to smart contract size limits. Very rarely will it be needed. Seaport can fit on a single contract.
- Consistent addresses with create2 is bread and butter of most protocols. Basic stuff. Seaport has the same address on multiple chains.
Riley deactivated over this (and other things) but if you didn’t read his last post, he was absolutely spitting
All crypto devs eventually go through a black night of the soul over how the engines we build are used
And it’s often dismissed as boiling seethe by the nontechnical