punk8886

Only 55 Tiara Cryptopunks exist; #8886 is one of the most beautiful of those; even rarer than zombies (88); and even better: it has the lucky numbers 8886

[punk8886 @punk8886]

I am the owner of the tiara cryptopunk 8886 and think this punk could be in high demand on the chinese market. When the markets wants prestigious punks that they can show on their profile I think the tiara punk #8886 is just perfect. Tiara punks are very rare.

[Nico @ncsgy]

Ethereum can already start preparing accounts for a post quantum world, without waiting for a hard fork.

Today, it would be just 0.07$ .

Further audits incoming. Though I squeezed in a review with Fable before Uncle Sam crashed my party. Verity formal proof included for my lean enjoyers

https://t.co/hfOx08X17Q

[ALEX | ZK @gluk64]

The Cari announcement sparked a debate about institutional blockchain infrastructure. Much of it focuses on technical architecture. But first, consider the business case of proprietary vs. open standard.

Governance of proprietary networks like Canton or Tempo is going to be controlled by a small group with disproportionate voting weight. It's "permissionless", but to join you have to submit a Google Form with opaque admission criteria. It's unclear who decides.

Over time, the most influential participants will set the terms of access and pricing. If you're a bank evaluating this today, you recognize the pattern from SWIFT and Visa: early incumbents locking in structural advantages while late joiners absorb the cost.

This is what we hear from banks.

Everyone wants to build their own SWIFT-killer. Nobody wants join someone else's SWIFT-killer.

Ethereum is the only settlement layer where that dynamic can't take hold, because no single entity can capture it. It's the only place where every participant can permanently trust that no future coalition will rewrite the rules against them.

That's what makes Ethereum the only game-theoretical equilibrium as a global settlement layer for institutional finance that works long term.

[punk8886 @punk8886]

@jack_gk great interview. thank you @ysiu @animocabrands

[vitalik.eth @VitalikButerin]

2026 is the year that we take back lost ground in terms of self-sovereignty and trustlessness.

Some of what this practically means:

Full nodes: thanks to ZK-EVM and BAL, it will once again become easier to locally run a node and verify the Ethereum chain on your own computer.

Helios: actually verify the data you're receiving from RPCs instead of blindly trusting it.

ORAM, PIR: ask for data from RPCs without revealing which data you're asking, so you can access dapps without your access patterns being sold off to dozens of third parties all around the world.

Social recovery wallets and timelocks: wallets that don't make you lose all your money if you misplace your seedphrase, or if an online or offline attacker extracts your seedphrase, and *also* don't make all your money backdoored by Google.

Privacy UX: make private payments from your wallet, with the same user experience as making public payments.

Privacy censorship resistance: private payments with the ERC-4337 mempool, and soon native AA + FOCIL, without relying on the public broadcaster ecosystem.

Application UIs: use more dapps from an onchain UI with IPFS, without relying on trusted servers that would lock you our of practical recovery of your assets if they went offline, and would give you a hijacked UI that steals your funds if they get hacked for even a millisecond.

In many of these areas, over the last ten years we have seen serious backsliding in Ethereum. Nodes went from easy to run to hard to run. Dapps went from static pages to complicated behemoths that leak all your data to a dozen servers. Wallets went from routing everything through the RPC, which could be any node of your choice including on your own computer, to leaking your data to a dozen servers of their choice. Block building became more centralized, putting Ethereum transaction inclusion guarantees under the whims of a very small number of builders.

In 2026, no longer. Every compromise of values that Ethereum has made up to this point - every moment where you might have been thinking, is it really worth diluting ourselves so much in the name of mainstream adoption - we are making that compromise no longer.

It will be a long road. We will not get everything we want in the next Kohaku release, or the next hard fork, or the hard fork after that. But it will make Ethereum into an ecosystem that deserves not only its current place in the universe, but a much greater one.

In the world computer, there is no centralized overlord.
There is no single point of failure.
There is only love.
Milady.

[punk8886 @punk8886]

@edannunziata @EccoDolphinGame 👍

[figo.eth @FigoETH]

Blockworks keeps doing Blockworks things 🤡💀

The lack of competence / bad faith is exceptional for a company claiming to be in the analytics business...

[figo.eth @FigoETH]

tldr; for all Blockworks employees and everybody else interested how ETH governance works.

tldr; tldr; a large token holder has not more influence than someone with zero ETH but good arguments for his case / ETH best interest.

1. Every change in ETH core protocol is made by EIPs (Ethereum improvement proposals). If any of them gain enough support by core devs they are considered for implementation in a future upgrade. Core devs coordinate in ACDC (all core dev calls) to agree which EIP get packed into an upgrade

2. Step 1 is made in public, so every EIP which is controversial gets broader community engagement. Broader community consists (besides core devs) of clients devs, dapp devs, people / entities running validators, people running nodes, users and plebs being on CT.

3. If core devs want to integrate an EIP which hasn't community buy-in there will be intense disussion. Good example for how resilient governance is was ProgPoW back in the days. This alternative consensus algorithm should be pushed into an upgrade with agreement from core devs but community pushed so hard back that it got abandoned (made no sense since PoS was not far away --> would have introduced unnecessary security risks with minimal upside)

4. Another example was switch from PoW to PoS. This put miners (people securing chain back then!) out of business. Naturally they pushed really hard to not go the step to PoS. Which ended in a fork named ETHE doing still PoW. Naturally it's a ghost chain now.

5. To sum things up:
- core devs have to agree on EIPs for next upgrade
- this only gets greenlighted when EIP gets community buy-in (client devs, dapp devs, validators, node runners, CT plebs, users)
- next EIP has to be implemented by client devs into the clients and run on several testnets (client devs buy in necessary)
- when mainnet upgrade comes every validator has to switch to the upgraded client (validator buy in necessary)
- also all people running nodes have to update their clients. If they don't do it network stalls (node runner buy in necessary)

Hope you noticed something. People with large amount of ETH have no special saying in direction the network takes. It's made in the best interest of all stakeholders.

Blackrock, Fidelity, Deutsche Bank and all other big boys get that.

Perhaps at some point in the future also Blockworks. But not sure about that ;)

[DeFi Dad ⟠ defidad.eth @DeFi_Dad]

Why doesn’t the @solana Foundation provide a transparency report on…

+ How much SOL Solana Foundation holds and their wallet addresses
+ How much SOL has been sold
+ How treasury funds get used
+ How much SOL has been sold OTC to investors + vesting timelines
+ How much SOL has been sold / contributed to SOL DATs

[rostyk.eth @rostyketh]

Says a guy who attacks the most decentralized & secure chain on the planet 24/7 for the last few years while building a data center chain and saying things like "solo validators don't matter"

Double/triple standards everywhere, just a pure data center chain shilling at all costs.

"Ethereum is too decentralized, Hyperliquid is too centralised, my Solana is good"

Unstoppable shilling and lies 24/7

[Ethereum @ethereum]

White Rabbit anime won an Emmy for Innovation in Emerging Media.

The project was crowdfunded and collectively produced on Ethereum.

Ethereum is for Emmy-winning animation.

[figo.eth @FigoETH]

Dear ETH frens.

From this time on it will only get worse, not better.

More misinformation, more bad faithed people trying to discredit ETH, more problematic things using ETH, powerful actors trying to influence ETH for their own (sometimes / often) not so nice purposes.

But ETH is worth it.

Making the world more transparent, resilient, innovative & accessible for everyone.

[fabda.eth @fabdarice]

Neutrality doesn't matter.. until it does.

Ethereum is the only place where anyone can build, businesses, stablecoins, DeFi, RWAs, payments, you name it, all with the assurance of no censorship, no interference, no shutdowns.

There’s only one remaining L1 blockchain that makes this possible.

Ethereum has only one native token, and the ticker is $ETH.

[sassal.eth/acc 🦇🔊 @sassal0x]

Getting ahead of the fud before it festers...

The validator exit queue is going to jump up a lot in the coming days (it just jumped up by ~700,000 ETH) because @Kiln_finance has decided to voluntarily exit all of their ETH validators due to security concerns (that are specific to Kiln's setup - nothing to do with the Ethereum network itself).

For context: Kiln has a total of ~1.6 million ETH staked so we will be seeing at least this amount unstaked.

This ETH will presumably be restaked using new validator keys aka it's not going to be sold.

Thank you for your attention on this matter.

[vitalik.eth @VitalikButerin]

These are good ideas!

Most of them are delta-neutral (in the sense of the δ network latency assumption), which is even better.

To safely do slot time decreases, the thing we really need more of is better measurement of geographic decentralization and economic viability of non-data-center and non-US/EU nodes. That's the dimension we have to be conservative on.

[Omid Malekan @malekanoms]

With all due respect to Matt, the notion that Tempo will in any way be neutral is a fantasy.

First, the very fact the he is billed as the "project lead" while sitting on the board of Stripe, a corporation who is clearly central to this effort, and being a GP at a VC firm that will likely be heavily invested in it, is a problem. That screams "not neutral."

(counterintuitively, the better Matt is at being project lead, the less neutral the chain will be).

Second, he is conflating the chain being permissionless with it being public. Public means "anyone can transact or issue on it" and permissionless means anyone can be a validator. As stated by Matt, Tempo will start as a permissioned chain.

A permissioned chain will never be public.

To wit: will North Korea be able to freely issue tokens on Tempo? What if Do Kwon decides to launch an algorithmic stablecoin on there from jail? And then Putin says "we will route payments for our sanctioned oil being sold on the black market via stablecoins on Tempo"?

Will the permissioned, known, and regulated corporations who run the validators be OK with all of this? Will the general council of Visa declare "Yes: we are clearly violating many US Federal laws and risk losing or licenses and possibly going to jail, but the docs said Tempo is a public blockchain, so we will process all of these transactions?"

I don't think so. As I argued yesterday, permissioned networks do not provide validators the plausible deniability required for a chain to be neutral:

https://t.co/hBgm1SjR1O

Third, no permissioned network has ever successfully transitioned to being permissionless. Hyperliquid is trying, but they have a long way to go, and are a special use case because it's mostly an app-chain, one whose primary margin asset still remains "elsewhere", something that might be OK for perps but not for payments.

Tempo will have an even harder time transitioning, because per the announcement, there is heavy involvement from various payments incumbents, most of all Stripe.

To believe that the network can transition to permissionless is to believe that corporations that accrued hundreds of billions of dollars in value over recent decades by owning a network will now launch a new network that they own (cause it's permissioned) but then magically decide to give all the power and profits that come with it away, quite possibly to competitors that will try to destroy their incumbent businesses.

That is highly unlikely. As @ccatalini pointed out yesterday, even Libra's original plans to someday decentralize nwere pushed to the back burner rather quickly. And Facebook did not have an incumbent payment business to protect. Stripe, Visa, Nubank, etc etc all do.

Y'all really think they'll give it away?

This has never happened before in the history of shared corporate infrastructure - which is what Tempo will be on day one.

Every other shared corporate infra (Visa, Mastercard, CME, NASDAQ, SWIFT, The Clearing House, etc etc) has gone in the opposite direction - it has centralized power and become more permissioned and censorable over time.

This is literally why Satoshi invented Bitcoin.

And I say this not as an ideological opposition to Tempo, but as an observation of what will be debated in the conference rooms of every potential issuer, user, etc etc.

Y'all really think Mastercard will jump all over a permissioned network controlled by Stripe and Visa?

Or Amazon or Walmart - fresh off their endless lawsuits against Visa and Mastercard for being oligopolies?

Lastly, It's hard enough to bootstrap a PoS chain from scratch because of the "rich get richer" problem of staking. Ethereum is still the only PoS chain that's achieved a diverse token-holder set that can deem it "a neutral L1." It got there by :

a)having a tiny premine by modern standards and b)being PoW for years.

Tempo will start with a massively concentrated token holder set and permissioned validator set. To argue it'll easily become neutral is to make a whole bunch of assumptions that are contrary to the ideals and lived experience of this industry.

[sassal.eth/acc 🦇🔊 @sassal0x]

"But building a network for global payments will require bringing together thousands of partners that may not trust us, or Stripe, or anyone as a platform. We think a decentralized validator set—for the chain itself—is a necessary requirement for those partners, and to ensure that the chain is unquestionably neutral in the long run."

You are literally describing Ethereum here and with a properly constructed L2, you can inherit these properties from Ethereum L1 + scale way beyond what an L1 design can give you.

On neutrality - how is Tempo going to be neutral when it's backed by Stripe? Why would Stripe allow competitors to use their chain to grow? Why would competitors even want to use Tempo instead of creating their own chain? We already have like 4 new stablecoin L1's with more on the way - this should tell you all you need to know about how much businesses trust other businesses to be "credibly neutral".

The economic and business incentives here make no sense - you can't just say "we're going to be neutral" and expect people to believe it - especially when the whole thing is being created by very centralized entities.

Real and lasting credible neutrality is not something that can be promised - it is extremely hard to achieve and I'd argue only 2 networks have been able to achieve it to this day - Ethereum and Bitcoin.

[DCinvestor @DCinvestor]

this is also the "bull case" for rate cuts which no one will talk about. a liquidity injection is a societal stability injection

i hate little doubt they will ultimately completely debase and destroy USD one day

the consequences of that will have massive effects on institutions as their USD-denominated debt becomes worthless, but may not affect people who have little wealth to begin with, though systemic failures will reduce employment. perhaps something like a great depression if they run out of financial tricks to play

your only escape hatch is to own productive assets (equities with income which can withstand such conditions) and scarce assets (crypto, gold) which will continue to have demand. in fact, they will soar to new heights if USD actually starts to buckle

this may take years or decades to play out, but idk, it seems somewhat inevitable

i don't want to be a total doomer though. maybe AI can make a dent and crank up our productivity, but we are talking decade(s) before that can happen with a transition process which will also be messy. and when it starts, it will generate benefits mostly for capital owners, not labor

in the meantime, key elements of our system are captured by domestic and foreign actors and it feels like everyone is trying to squeeze what they can out of it

[Mike Three @mikethree]

people get very excited about alternative blockchains but i personally dont need another L1, bitcoin and ethereum are the most secure and reliable solutions on the internet for storing value and building decentralized apps, problems solved ✔️ im good

digital gold, world computer

[Leon Waidmann @LeonWaidmann]

1/ Two Bitcoin pools now control more than 51% of the network hashrate!🚨

That crosses a decentralization red line. A 51% attack becomes technically possible

Why this matters and why Ethereum these days looks more decentralized and sustainable than BTC. 🧵

[AyeAyeCoin @AyeAyeCoin2015]

Today is August 20th, 2015. Ethereum is only 3 weeks old, the price ETH is $1.50, and only a few hundred smart contracts have been created.

At 3:02 AM UTC, an anon developer named Linagee will deploy what is now known as, the first Ethereum memecoin.

He names it AyeAyeCoin!