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zooko
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@VitalikButerin "The downside of RISC-V is what if it turns out that RISC-V is like 100 times less efficient than a
super
-optimized VM."
No, the downside is what if it turns out that the
ZK
/RISC-V stack is insecurable.
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KYC (“Know Your Customer”) laws impose huge costs and potentially devastating risks on law-abiding customers, while imposing no difficulty at all on criminals. You know how much it costs to buy an exchange or bank account on a dark market? Like $50.
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Hot damn, this is a great blog post about the cutting edge of secure, private, scalable payments: Sean Bowe’s Zcash Tachyon project. Lots of juicy details for cryptographers and crypto protocol engineers. https://seanbowe.com/blog/tachyaction-at-a-distance/#5
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Sweeet! The beginnings of a formal model of the Zcash Crosslink protocol in TLA* by 0xarbitrage! https://github.com/oxarbitrage/crosslink2 This is the kind of thing that can provide stronger safety of software than the current state of the art of safety in software! 🎉
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Vitalik just made a great point that toxic culture ends up serving as an immune system in only one direction, but actually makes your community *vulnerable* to bad actors coming from the other direction and presenting themselves as friends. 🤔
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@VitalikButerin "What if Ethereum had had no sale and no pre-mine, but instead there was some kind of voting gadget by which like 30% of the supply could go to fund development for some period of time?" Hey, like Zcash's Dev Fund! (Latest iteration is adding a voting layer.)
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