sacha

cypherpunk futard. co-owner @metadaoproject. ex @lidofinance

[sacha @sacha]

https://t.co/iemnM9A67M

[sacha @sacha]

i am far enough down the rabbit hole at this stage that i fear there is no turning back. @JurassicFi
https://t.co/nx1RWeQzUl

[mattytay @mattytay]

@dcfgod Agree, let’s talk about it at the inaugural owners meeting in SF.

https://t.co/83MeVhh9iG

[Proph3t @metaproph3t]

@ahboyash From my vantage point, it looks like capital is consolidating in funds with big institutional LPs (Paradigm, Haun, a16z crypto, Electric, Variant, a couple of others) & smaller funds with good performance

[sacha @sacha]

@SahilBloom fame

[Ian Miers @secparam]

Zcash ( and Aleo, Aztec, payy, etc) should double down on formal verification. Anecdotally, advances in coding agents make it straightforward if you have the expertise to write theorems/specs. But the flip side is, advances in AI mean this won't be the last zk bug.

[Covie @covie_93]

Hunter Biden is out of f*cks and I'm here for it.

[sacha @sacha]

@OldSchool_F1 "absence of evidence is not evidence of absence"

[sacha @sacha]

otoh once tachyon ships the risk of a soundness bug in the shielded pool will likely be close to 0 (much simpler circuit language, with formally proven circuits, ai-powered auditing/testing/fuzzing)

so if we can make it in one piece until then, i think it then becomes more reasonable to make the argument that zec > btc

this is also why i expect a successful tachyon upgrade to be a significant price catalyst

[sacha @sacha]

a soundness bug is a greater existential risk to private chains than transparent chains because you can't necessarily fix it on a private chain immediately after it is exploited

in fact you might not know about it for an indefinite amount of time

and when you do find it and fix it you may have no way of knowing for sure whether or not it has already been exploited

this is one sense in which btc and zec are complementary (different failure modes)

[sacha @sacha]

@OldSchool_F1 in simpler terms, there is no way to definitively rule out that this bug wasn't exploited

[StrategicHash @StrategicHash]

@dcfgod Metadao will save you

[sacha @sacha]

@Fiskantes depends on how deeply youve looked at the sausage

[sacha @sacha]

@mert @zoomerfied the shielded pool

[sacha @sacha]

the eth thesis, if there is one

[Tulip King 🌷 @tulipking]

@robustus i hold both and totally agree with the complimentary framing. just frustrated that Bitcoin can't upgrade and it might need to & zcash can upgrade but almost too easily. kinda feels like im getting the worst of both worlds right now

[sacha @sacha]

@selfcustodied yes

[sacha @sacha]

a soundness bug is a greater existential risk to private chains than transparent chains because you can't necessarily fix it on a private chain immediately after it is exploited

in fact you might not know about it for an indefinite amount of time

and when you do find it and fix it you may have no way of knowing for sure whether or not it has already been exploited

this is one sense in which btc and zec are complementary (different failure modes)

[vukan (blkn/acc) @vukan0x]

the futardio founders club gains a new cookie

- @JAYONSOLANA from @thefutardiocult
- @rashsuperclaw from @superclaworg
- sora and myself from @jurassicfi
- @Charchit_WEB3 from @gesimxyz

who is joining us next? @futarddotio 👀

[Mohamed AbdelKader @MoeAbdelKader]

@NicholasXVIX @staysaasy @VicVijayakumar @aparanoidbw “Everything in the world is about sex except sex. Sex is about b2b saas.”

- Oscar Wilde

[sacha @sacha]

new metadao slogan just dropped

[mlbob @MetalLegBob]

We will own everything and be happy about it.

[sora/ (blkn/acc) @Sora_i_guess]

A NEW HAND TOUCHES THE BEACON!

Welcome @Charchit_WEB3 to @MetaDAOProject founders club

Time to quit your day job

[sacha @sacha]

rawr mentioned

[cutepanda @cutepanda]

RWAs are the next chapter
$ONDO
$LFI
$RAWR