samurai.eth

Ethereum

[First Squawk @FirstSquawk]

Xi to visit Washington for three-day state visit through Sept. 25 – Kyodo

[First Squawk @FirstSquawk]

BOJ set for rate hike at two-day meeting amid rising inflation risks

[First Squawk @FirstSquawk]

Bitcoin Hits More Than Three-Month High - WSJ

[yieldfarming @delucinator]

the funny thing is this is like 80% layerzero’s fault but layerzero has a lot of allies and paid enough kols and kelp/aave are unknown/hated so ct sentiment will just start pointing fingers elsewhere

[samurai.eth @samuraiyz]

@LayerZero_Core fuck you, you blame other while your infra getting hacked

[Sahil @sahill_og]

The life of Gen Z :

- College degree is worthless
- Rent is half your paycheck
- Al is replacing your job
- Houses cost 20x your salary
-WW3 started and you might get drafted
- Boomers asking why you're stressed

[antiprosynthesis.eth ⟠ @antiprosynth]

Bitcoin is the idea.

Ethereum is the execution.

[Parth Rastogi @theparthrastogi]

Look at the generational difference -

1990s:

• Get a university degree
• Get a 9–5 job
• Suit and tie
• Get promoted
• Get married at 21
• Buy a house at 25
• 4 kids, 1 dog
• Retire at 60

2026:

• Survive… Show more

[Investor Jordan 🌪️ @InvestorJordan]

I’ve been in crypto for 11 years.

And ironically… I feel safer buying $BTC at $65K than I did at $1,500.

Safer buying $ETH at $2K than I did at $75.

Why? Because back then it was speculation.

Now it’s inevitable that every institution / government in the world will be stock piling.

[LJC @OnlyLJC]

Market is so cooked my entire timeline is betting on Polymarket which corrupt company of our corrupt industry is the most corrupt

[vitalik.eth @VitalikButerin]

@RyanSAdams ETH is a store of value and one of the most important apps on ethereum.

[vitalik.eth @VitalikButerin]

@dcinvestor If I did not believe in ETH as SOV I would not hold ∼90% of my net worth in it.

[vitalik.eth @VitalikButerin]

There have recently been some discussions on the ongoing role of L2s in the Ethereum ecosystem, especially in the face of two facts:

* L2s' progress to stage 2 (and, secondarily, on interop) has been far slower and more difficult than originally expected
* L1 itself is scaling, fees are very low, and gaslimits are projected to increase greatly in 2026

Both of these facts, for their own separate reasons, mean that the original vision of L2s and their role in Ethereum no longer makes sense, and we need a new path.

First, let us recap the original vision. Ethereum needs to scale. The definition of "Ethereum scaling" is the existence of large quantities of block space that is backed by the full faith and credit of Ethereum - that is, block space where, if you do things (including with ETH) inside that block space, your activities are guaranteed to be valid, uncensored, unreverted, untouched, as long as Ethereum itself functions. If you create a 10000 TPS EVM where its connection to L1 is mediated by a multisig bridge, then you are not scaling Ethereum.

This vision no longer makes sense. L1 does not need L2s to be "branded shards", because L1 is itself scaling. And L2s are not able or willing to satisfy the properties that a true "branded shard" would require. I've even seen at least one explicitly saying that they may never want to go beyond stage 1, not just for technical reasons around ZK-EVM safety, but also because their customers' regulatory needs require them to have ultimate control. This may be doing the right thing for your customers. But it should be obvious that if you are doing this, then you are not "scaling Ethereum" in the sense meant by the rollup-centric roadmap. But that's fine! it's fine because Ethereum itself is now scaling directly on L1, with large planned increases to its gas limit this year and the years ahead.

We should stop thinking about L2s as literally being "branded shards" of Ethereum, with the social status and responsibilities that this entails. Instead, we can think of L2s as being a full spectrum, which includes both chains backed by the full faith and credit of Ethereum with various unique properties (eg. not just EVM), as well as a whole array of options at different levels of connection to Ethereum, that each person (or bot) is free to care about or not care about depending on their needs.

What would I do today if I were an L2?

* Identify a value add other than "scaling". Examples: (i) non-EVM specialized features/VMs around privacy, (ii) efficiency specialized around a particular application, (iii) truly extreme levels of scaling that even a greatly expanded L1 will not do, (iv) a totally different design for non-financial applications, eg. social, identity, AI, (v) ultra-low-latency and other sequencing properties, (vi) maybe built-in oracles or decentralized dispute resolution or other "non-computationally-verifiable" features
* Be stage 1 at the minimum (otherwise you really are just a separate L1 with a bridge, and you should just call yourself that) if you're doing things with ETH or other ethereum-issued assets
* Support maximum interoperability with Ethereum, though this will differ for each one (eg. what if you're not EVM, or even not financial?)

From Ethereum's side, over the past few months I've become more convinced of the value of the native rollup precompile, particuarly once we have enshrined ZK-EVM proofs that we need anyway to scale L1. This is a precompile that verifies a ZK-EVM proof, and it's "part of Ethereum", so (i) it auto-upgrades along with Ethereum, and (ii) if the precompile has a bug, Ethereum will hard-fork to fix the bug.

The native rollup precompile would make full, security-council-free, EVM verification accessible. We should spend much more time working out how to design it in such a way that if your L2 is "EVM plus other stuff", then the native rollup precompile would verify the EVM, and you only have to bring your own prover for the "other stuff" (eg. Stylus). This might involve a canonical way of exposing a lookup table between contract call inputs and outputs, and letting you provide your own values to the lookup table (that you would prove separately).

This would make it easy to have safe, strong, trustless interoperability with Ethereum. It also enables synchronous composability (see: https://t.co/9jy6v1X6Fw and https://t.co/gZmu3YjebM ). And from there, it's each L2's choice exactly what they want to build. Don't just "extend L1", figure out something new to add.

This of course means that some will add things that are trust-dependent, or backdoored, or otherwise insecure; this is unavoidable in a permissionless ecosystem where developers have freedom. Our job should make to make it clear to users what guarantees they have, and to build up the strongest Ethereum that we can.

[Eric Trump @EricTrump]

In my opinion, it’s a great time to add $ETH.

[Star_OKX @star_okx]

People have underestimated the impact of 10/10. The incident caused real and lasting damage to the industry.

An industry-leading company should focus on strengthening core infrastructure, building trust with global users and regulators, and protecting the long-term interests of the majority of crypto users, setting an example for others to follow. Instead, some chose to pursue short-term gains—repeatedly launching Ponzi-like schemes, amplifying a handful of “get-rich-quick” narratives, and directly or indirectly manipulating the prices of low-quality tokens, drawing millions of users into assets closely tied to them.

This has become their shortcut for attracting traffic and user attention. Legitimate criticism is then drowned out—not through facts or accountability, but via aggressive narrative control and coordinated influencer campaigns.

This approach does not build an industry.
It erodes trust—and ultimately, everyone pays the price.

[Jason @mytechceoo]

Helping a tribe launch their first memecoin

[Cobie @cobie]

Your coins are your coins. Don’t let them be clubbed into dank submission. Be on the watch, there are ways out. There is a light somewhere. It may not be much light but it beats the darkness. The gods will offer you chances: know them, take them. You can’t beat death but you can beat death in life, sometimes.

Happy new year.

[samurai.eth @samuraiyz]

FUD harder

[samurai.eth @samuraiyz]

MONAD BOXES 🎁