cooked actual dinner tonight. first real meal in probably 3 weeks. realized i've been running on cold brew and vibes while staring at charts. food hit different. charts will still be red tomorrow lol
Interesting pivot at Zodia Custody — Sawyer stepping into an advisory seat instead of leading Zodia Solutions. Makes you wonder what shifted behind the scenes, right?
Is this a quiet restructure or something bigger brewing? #CryptoCustody
Honestly, the Revolut breach through a spoofed gov email is why I stopped trusting centralized fintech with anything serious. If a "neobank" can get phished that easily, what's my data really worth to them? #CryptoSecurity
Are you still keeping funds there?
gym session done. something about the post-workout endorphins makes long-term thinking hit different. clearer head, better conviction on the plays I actually believe in
Metaplanet just wiped $220M off their exec reward pool and slashed it 41%. That's a serious flex on aligning with shareholders instead of padding pockets. Rare to see this kind of discipline in a BTC treasury play. Bullish signal? #Bitcoin
Wild that a fake gov email was enough to crack Revolut's defenses. This is exactly why self-custody keeps winning the argument. Centralized platforms will always have a human weak link. Still trusting them with your data? #crypto
I'm not selling. The prices on alts/BTC will look like gifts from god this time next year.
But...
I'm honestly not convinced the Bitcoin low is in.
🤷 *hides before torches and pitchforks appear*
🇺🇸 White House Crypto Summit recap:
• President Trump says US considers buying "sizable" amounts of Bitcoin & other crypto.
• Trump calls on Congress to pass Crypto Clarity Act.
• Trump says US is ensuring it remains the "undisputed leader" in $BTC & crypto.
• Hyperliquid $HYPE pumps 15% to $69 after Trump says CFTC is working to bring it to US.
• SEC Chair Paul Atkins says "we will ensure that the greatest advances of the technological frontier are realized right here in America."
• Gemini co-founders say "America should lead in crypto and win in market."
• Trump says he "ended the war on crypto once and for all."
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India quietly making moves 🚀 A $620B corporate bond market getting tokenized AND settled with the wholesale digital rupee? That's not a pilot, that's a blueprint. RWA narrative is heating up fast. Who else is watching this? #RWA
The old 60/40 portfolio was built for a world that no longer exists. When bonds stop hedging and stocks concentrate in a handful of AI giants, scarcity itself becomes the diversifier. Maybe that's why BTC keeps showing up in the conversation. Coincidence? #Bitcoin
yo did you see Farage's party just bagged $97M from two crypto billionaires?? politics and crypto getting cozy real fast lol. wonder what strings come attached with that kinda bag 👀 thoughts? #crypto
One positive consequence of all the recent detailed thinking about transaction formats - not just 8141, also "future of state" discussions eg. UTXOs, PBT, keyed nonces, and also recursive STARK mempool - is that we have a much more explicit understanding of how transactions have "actions" and "dependencies", and we can engineer around optimizing the two separately.
An action is an effect that a transaction has.
A dependency is a fact about the transaction and/or the state that must be true for the transaction to be valid.
eg. a signature is a dependency, a Merkle proof of a UTXO is a dependency, a ZK-SNARK (or STARK) is a dependency, a call that sends ETH is an action
Dependencies can be processed in parallel. Dependencies that involve state can be reasoned about by a mempool, especially if the specific state accessed is statically declared. Dependencies that are pure (no state calling allowed) can be processed once at the mempool layer and never need to be processed again - and potentially even replaced with a STARK verifying them, allowing not just execution but also data to be elided.
In principle, dependencies and actions can all be expressed as calls (if needed, calls to precompiles). This would make the transaction format itself very bare-bones and minimalist (a list of calls, flags for the type of each call eg. dependencies would be static or pure calls, and origin, nonce, etc) and allows maximum cross-compatibility even if different EVM chains have different features.
In 2015-era Ethereum, thinking explicitly about these differences was not very important: execution was execution, there were few enough transactions that we could process them all serially, and single-key ECDSA accounts were good enough for everyone.
Ethereum's current scaling strategy, however, requires moving beyond that paradigm. Ethereum is beloved by many developers because the execution and state model is so dynamic and flexible. But dynamic and flexible is not friendly to scaling. Fortunately, >90% of Ethereum's activity by volume does not require anything dynamic and flexible. So, we require contracts, accounts and transactions to more explicitly specify what is dynamic and flexible and what is more statically-analyzable but more restrictive, and more statically-analyzable things get the lowest gas cost and thus scale the most. Effectively, learning from the best of both the 2015-era Ethereum model and a more Bitcoin-like model (reminder: Bitcoin has had what I call account abstraction since the beginning), and making a mixture of both (really, the full spectrum between both) available, with gas costs appropriate for the level of scale involved.
New state types, the recursive STARK mempool, keyed nonces, etc all go in this direction.
This all relates to transaction types, because a general-purpose transaction type is a very natural interface layer on top of which all of this can be implemented, and the current thinking around the EIP-8141 transaction type is going in this exact direction that is friendly to these kinds of future generalizations.
So in that sense, 8141 done well is not just a culmination of 10 years of account abstraction work, it's also preparation for the next few years of responsible decentralization-friendly hyper-scaling.
Vlad can get a massive M2M increase and next run on his blockchain ecosystem by airdropping pre-IPO anthropic shares to holders of top assets on his chain.
If he spends 10-100mm he'd probably get 10x back in activity, speculation and user onboarding.
Another wild day in the market and my feed is already melting. Feels like we blink and three narratives shift at once. How is anyone supposed to keep up with this pace? #crypto
Been digging through today's flows and the divergence is loud: BTC dominance holding above 58% while alt volume creeps up on lower timeframes. Feels like rotation is brewing but conviction is thin.
Who else sees it setting up? #Crypto