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s4mmy· 2025-07-06 16:34
If you could build an AI agent for any industry, what problem would it solve?Aaron Levie (@levie):The play right now is to go deep in a vertical and build AI Agents with the context of the critical workflows, domain expertise, specialized instructions, and data of that industry. And build anticipating what’s possible with AI models in a year from now, not just today. ...
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s4mmy· 2025-07-06 13:40
Security Enhancement Initiative - Ethereum Foundation seeks community feedback to improve Ethereum's security [1] - The initiative involves contacting organizations within the Ethereum ecosystem [1] - Feedback and ideas are being gathered over the coming weeks [1] Call to Action - Individuals and organizations can contribute by contacting the Ethereum Foundation at trilliondollarsecurity@ethereum.org [1] - A survey is available for providing feedback [1]
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s4mmy· 2025-07-06 10:37
RT s4mmy (@S4mmyEth)This is a thought provoking statement for a Sunday.Centralization risk is the ‘elephant in the room’:i) If ETH’s economic security (staked ETH) is dwarfed by the total value of stables it secured, there’s a theoretical imbalance.But some may initially think that stables are just tokenized RWAs (USD mostly). Controlled centrally by Tether, Circle, etc.So why would someone perform a 51% attack on the network to seize freezable assets?Not the issue here.ii) Is there a business risk for stab ...
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s4mmy· 2025-07-06 08:30
Centralization Risk & Economic Security - Ethereum's economic security, measured by staked ETH, may be insufficient to secure the total value of stablecoins it supports, creating a theoretical imbalance [1][6] - Stablecoin issuers like Circle and Tether might need to become significant ETH holders to ensure the security of their on-chain assets, potentially leading to centralization risks [2][6] - Centralization risk is a major concern, as these entities could exert undue influence, politically or otherwise, if they become the largest ETH holders [2] Decentralization & Governance - The industry acknowledges that a completely decentralized future, as envisioned by Satoshi, is unrealistic, with governments and corporations accumulating BTC [2][3] - Circle and Tether could accumulate DeFi tokens to influence governance decisions on protocols, creating an illusion of decentralization [3] - Governance caps for giga whales when voting on protocol proposals may be needed [5] Regulatory & Market Solutions - Regulators may need to intervene to ensure disclosure around influence or control, similar to traditional financial systems [4] - Ethereum's market capitalization needs to increase through broader adoption, staking, and price appreciation to address the imbalance [4] - World Liberty Financial (WLF) is hedging its risk by holding both TRX and ETH [5] - Deeper network security features are needed to reduce the need for centralized entities to accumulate ETH to manage their risk [5] Stablecoin Dynamics - The rate of stablecoins minted on-chain could drive ETH price appreciation, unless other chains like TRON become preferred for stablecoins [4] - Decentralized stablecoins need to gain traction as a potential solution [5] - The current situation where a $300 billion market cap secures $1 trillion in stablecoins is unsustainable based on proof-of-stake economics [6]
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s4mmy· 2025-07-04 16:12
I thought the ‘Ancient Bitcoin Whales’ were going to use this capital to buy our Ordinals?Lookonchain (@lookonchain):A Bitcoin OG holding at least 80,009 $BTC($8.69B) woke up after 14+ years of dormancy and transferred out 40,000 $BTC($4.35B) today!This OG controls about 8 wallets, 2 of which received 20,000 $BTC($15,600 at the time, $2.18B now) on April 2, 2011, when the price of $BTC was https://t.co/F8jULZ6Ee7 ...
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s4mmy· 2025-07-04 11:26
RT s4mmy (@S4mmyEth)I strongly believe that AGI will be achieved by a network of agents collaborating cohesively in a team.The ACP Butler offers a single consumer touchpoint to co-ordinate agents.The litmus test will be how cohesively these Virtuals’ agents collaborate.https://t.co/MhhAaANZyx ...