I have nothing but respect for @VitalikButerin, but focusing on upgrading @ethereum to RISC-V is a giant side quest and would be a colossal strategic mistake: - Execution layer ossification and efficiency are goals in fundamental tension - "zk" (or succinct) VMs all rely on special precompiles anyways - RISC-V would do nothing to address @ethereum's DevEx and UX fragmentation problems or provide privacy-preserving apps, which people want way more than marginal efficiency gains
In my view, @ethereum should focus on something else, and time is running out for strategic vacillation.
Quick update on the @namada shielded airdrop to @zcash: @heliaxdev does not have the resources to commit to this work in Q3, so in lieu of that I'm offering a $20k bounty (payable in ZEC/NAM/USDC) to anyone who implements a full prototype that can be verified + tested. Link 👇
"Cryptoeconomics" isn't a real field, it's just cybernetics rebranded, in denial of actual history. Distributed consensus systems and practical zero-knowledge proofs are real progress in the possibility space, but they don't merit a new field.
The problem with the @ethereum EVM is that the state architecture is incompatible with privacy and incompatible with multichain state. The problem with the EVM isn't the ISA. Just add `EVAL` and JIT bytecode sequences if you want to optimize stuff (like jets in @urbit Nock).
I just shielded 1000 @noble_xyz USDC on @namada, and I want to give it away in the next 24 hours to the first 100 folks who help us product test.
Rules: 1) Shield some assets using @namada. Here's a guide: https://t.co/PX4xgQxgUj 2) Q/T this tweet with a screenshot of your shielded assets, your znam address, and any feedback on your experience / what could be improved / what you might want to do with @namada. 3) First 100 folks to do so will get 10 USDC as thanks for product testing! It may take me a day or two to go over everything, please have patience if I miss you by accident.
coinbase is lame but this problem is structural, it is not specific to them. data exfiltration is inevitable.
three key ingredients: irreversible transfers + KYC everywhere + low-trust society. you can draw the conclusions. perhaps it's time for crypto to go back underground.
every day I am amazed that @bitcoin's security model is simply broken and people continue to buy it, shill it, and act as if it could back world finance. "digital gold" is not compatible with Nakamoto consensus security!
the reckoning will be brutal, and it will be deserved.
What would it mean for @namada to become a composable privacy layer for the crypto/multichain ecosystem? I've investigated this product proposition and come up with an analytical frame - let me know what you think! 👇
.@heliaxdev is hiring for not one, not two, but THREE engineering positions to work on @anoma and @namada: - Applied Compiler Engineer - Distributed Systems Engineer - Protocol & Infrastructure Engineer
Find all the details on https://heliax.dev/jobs and please share!
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