I continued exploring data compression and created this on-chain generative 3D roller coaster.
🎢 100% on-chain
🗜️ Compresses ~600kb (minified) scripts to ~200kb
✅ Uses native browser tech
👇🧵
bitcoin news for ethereans: so essentially bitcoin already includes a type of heavily discounted (-75%) eip-4844-style blobspace called the ”segwit discount” since 2017. that blobspace is now being abused by taproot to make full-block (≤4mb) bitcoin NFTs 10x cheaper than ETH L1.
Folia is thrilled to announce CABLE, a collection of 545 on-chain SVGs by artist @JoanHeemskerk (JODI), available for mint for 0.111111111111111111 ETH on January 25th, 19:00 UTC
🚨 RUN, YOU FOOLS 🚨
⚠️ Spoiler: Your money is NOT SAFU if your wallet address was generated with the Profanity tool. Transfer all of your assets to a different wallet ASAP!
➡️ Read more: https://t.co/oczK6tlEqG
#Ethereum#crypto#vulnerability#1inch
Hey @VitalikButerin@drakefjustin & other @ethereum folks, go google "the merge" for a fun little surprise & appreciation.
Everyone is so excited for what is coming and appreciative of the work that has been going into this for years.
@0xfoobar This also means that ETH from block rewards (coinbase) is tradable, which can be useful since it has no transfer history and you can be sure it can't ever be linked to some illicit activity.
@chriscantino You're right, but technically speaking, transaction speed will improve a bit after the merge.
Current average blocktime is ~13.5 seconds. After the merge, it will get reduced down to 12 seconds, which is a ~11% improvement.
@chriscantino This means transactions get included faster and more can get included per hour, so it should also warrant a slight decrease in gas fees.
Nothing very significant, but worth knowing about it!
@chriscantino You're right, but technically speaking, transaction speed will improve a bit after the merge.
Current average blocktime is ~13.5 seconds. After the merge, it will get reduced down to 12 seconds, which is a ~11% improvement.
EFF is deeply concerned that the U.S. Treasury Department has included an open source computer project, Tornado Cash, on its list of sanctioned individuals. Tornado Cash is an open source software project and website that published a decentralized cryptocurrency mixer.
Let’s try this again: The engineers working on the Ethereum roadmap appear to not care about on-chain data interaction for art. On chain data will no longer be validated using Ethereum after the purge phase if older than a year unless there is a revolt.
RPC providers like Infura and Alchemy are easy and convenient, but they come at a cost.
I'm not saying everyone has to be running their own node, but we need to have options. We need more decentralized providers and companies operating in different parts of the world.
It's happening.
@infura_io and @AlchemyPlatform are now blocking RPC requests to @TornadoCash
Centralized RPC services are one of the cancers that undermine the core benefits of crypto.
As long as they dominate the market, no protocol is truly permissionless.
My thoughts on the tornado situation:
1) Privacy is critical for a functional and safe society. Arguments that privacy is only for illegal activity are absurd/dangerous and reminds me of the people that want to make encryption illegal.