🔥 "My hope is simply that Polymarket is sufficiently decentralized... If it's not, then it can just be shut down later."@ErikVoorhees says that prediction markets are a "cool innovation, but the need for censorship resistance is non-negotiable. https://t.co/THn2OjpzaD ...

Venture Capital & Ecosystem Dynamics - Paradigm 和其他风险投资机构的目标是从以太坊和更广泛的生态系统中获取尽可能多的价值，同时通过增加生态系统的价值来最大化自身收益，Paradigm 在这方面尤其出色 [1] - 风险投资机构代表着世界资本流入生态系统的一个舒适桥梁，但更好的、更公平的、更广泛可访问的链上投资平台将会成熟，届时风险投资机构将不得不入驻这些平台 [3] Ethereum's Position & Future - 以太坊将赢得其利基市场：严格去中心化、可信中立的数字资产结算账本基础设施，并将成为世界账本 [4] - 以太坊将扩展到“堆栈”的上方，成为世界计算机，因为更多的应用程序被构建、协议化和代币化 [4] - 公司链将成为建立在无许可链之上的重要基础设施，就像数据库将商业活动连接到互联网和网络一样 [4] Decentralization & Technological Advancement - 通过将渐进式去中心化引入到包括身份、声誉和治理在内的各个层面，行业正处于彻底改变世界运作方式的风口浪尖 [3] - 下一代数据库将验证、可验证、防篡改，维护其历史的可检查日志，并且都将使用代币进行通信，即去中心化经济的语言 [4]

RT mert | helius.dev (@0xMert_)Solana's mission is to become the trading venue of the planetany asset, anywhere, anytime — with just an internet connectionto do this, one must max both i) performance, ii) censorship resistanceand Solana is the only chain currently that at least attempts to max both simultaneouslythis is insanely underappreciatedthat engineers are actually trying to max both without giving up on the othersome chains aim for max decentralization at the L1 but sacrifice performance and usabili ...

Core Principles & Strategy - Ethereum's primary focus should be on maintaining its core strengths: censorship resistance, liveness, and credible neutrality [2] - Ethereum should strive to be the ultimate decentralized platform for programmable money and uphold cypherpunk values [2] - Ethereum should scale mindfully while preserving its core properties, using a "measure, then build" approach [2] - Ethereum should avoid direct competition with faster, more consumer-oriented chains like Tempo [3] Risk Assessment - Making the wrong decisions could be detrimental to Ethereum [3] - If Ethereum attempts to directly compete with consumer chains, it risks becoming a generic chain with little value [3] Competitive Positioning - Bitcoin's value is derived from its ossified nature and position as the slowest, most stable chain [1] - Ethereum should aim to be the most decentralized, credibly neutral, censorship-resistant, and live chain [2]

Group 1 - Tether announced a $250,000 donation to OpenSats to support Bitcoin developers, which was criticized by Jack Dorsey for being too small [1][2] - Tether is one of the most profitable companies in the crypto industry, reporting a $13 billion profit last year and seeking a $500 billion valuation in talks with potential investors [2] - OpenSats, the recipient of Tether's donation, funds the development of free and open-source Bitcoin software [2] Group 2 - Jack Dorsey has donated over $21 million to OpenSats through his Start Small initiative in 2024, highlighting his commitment to supporting Bitcoin development [3] - Dorsey has been a prominent advocate for decentralized technology and is recognized as a significant supporter of Bitcoin [3] - Udi Wertheimer, a Bitcoin developer, initially supported Dorsey but later criticized him for his investments in Ocean, a Bitcoin mining pool [4] Group 3 - Wertheimer suggested that Dorsey should consider the impact of his Ocean investment on his philanthropic contributions, indicating that it may hinder Bitcoin development [5]

Risks and Concerns - User funds are held on off-chain servers, posing risks, especially with increasing economic volatility [1] - Until this year, none of these servers were even Stage 1, and still, none of them are Stage 2 [1] - Users may suffer losses due to being skeptical of L2 solutions being "Ethereum" [1] - A forced transaction delay of 18 days exists [1] Technical Distinctions - Technical distinctions between Ethereum and other platforms matter [1] - The market values Ethereum's value in L2s [2] Industry Perspective - Some "Solana" people (technical individuals) are skeptical about everything being Ethereum due to technical differences [1] - Fidelity argues that Ethereum's value is the GDP on top of it, meaning its value is in L2s [2]

"Sequencer is only a fast lane to get into Base"When do we think we see the first invocation of a vampire sequencer?Spin up a separate machine pushing to Base's settlement contract once anyone can post a proof to it?Possible @toghrulmaharram @donnoh_eth?jesse.base.eth (@jessepollak):@iampaulgrewal @base @ethereum 3/ two critical things to note about this design:first, the sequencer is only a fast lane to get into @base. at any point, a user can also transact on @base through @ethereum directly. this brings ...

absurdly overcomplicated but fun idea: AI stablecoinswallet-level AI-agent delta-neutral stablecoins that don't actually use stablecoinslook stablecoins are great and a 10x improvement over the status quo in many waysbut there is no denying they have a tradeoff against physical cash (central stables can be frozen)if you want the same censorship resistance as cash, why not use this new AI agent wave on a wallet level to get it to long/short the native token on the chain you're on to mimic, let's say, $500 in ...

Account Abstraction Status - Full account abstraction is not yet achieved in the industry [1] - Current account transactions without ECDSA verification require intermediaries, which negatively impacts privacy, censorship resistance, and permissionless operation [1] Security and Privacy Concerns - Quantum-safe accounts currently necessitate intermediary dependency for transactions [1] - Privacy protocols rely on potentially vulnerable public broadcaster ecosystems [1] Future Outlook - Significant work remains to properly implement account abstraction [1] - The industry hopes to avoid increased intermediary dependency before achieving proper account abstraction [1]

Bitcoin L2s Demand - There's demand for using BTC in more economic settings than just hodling [1] - There's demand for doing so in a crypto-native way, without offering custody to centralized exchanges/ entities/ platforms [1] Decentralized vs Centralized Platforms - Decentralized platforms offer less friction and faster responsiveness compared to centralized exchanges (CEX) [1] - Decentralized platforms provide faster access to new crypto opportunities [2] - Decentralized platforms offer a different safety profile, relying on open-source code and smart contracts, unlike the opaque operations of CEXs [2] Starknet's Commitment - Starknet is committed to decentralization, security, self-custody, and censorship resistance [2] - Starknet is committed to the safest useable connection to Bitcoin, exploring multi-sigs, BitVM, and potentially OP_CAT for full cryptographic security [2] Starknet's Advantages - Starknet has the largest ecosystem of app developers [4] - Starknet offers the highest level of security and technical pedigree [4] - Starknet features battle-tested tech, advanced infrastructure, post-quantum STARK proofs, 100% account abstraction, and a safe Rust-like smart contract language (Cairo) [4]