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]

Blockchain Technology & Collaboration - The industry emphasizes the importance of forums for discussing solutions towards a common goal [1] - The industry believes that "super hero" blockchains will assist in addressing significant global challenges through collaboration [1]

Enterprise Blockchain Analysis - Permissioned enterprise chains faced challenges due to lack of trust in central controllers [1] - Concerns exist regarding deplatforming risks associated with centralized chains [1] - Achieving credible neutrality and rigorous decentralization is crucial for the success of corporate L1 projects [1] Market Trends - The world is potentially splitting into two camps: infinite censorship resistance versus zero [2] - Big fintechs like Stripe and Circle launching their own L1s signals a specific market direction [2]

So 10 years ago, Vitalic Buterine launched Ethereum as a scrappy cipher punk experiment. Today, it has become the invisible backbone of global finance. Ethereum's rails now power trillions in stable coin payments, tokenized stocks, and even new Wall Street products like ETFs.Major institutions from Black Rockck to Robin Hood are building directly on its infrastructure. I first spoke to Vitalik in Prague in 2023 when crypto developers huddled in hacker collectives fighting for privacy tools and now two years ...

RT sudo rm -rf --no-preserve-root / (@pcaversaccio)oh boy we've come a long way. Exactly ten years ago, we lit a beacon against the darkness of surveillance and control. But Ethereum was never just code - it was a clear declaration: that individuals deserve _sovereignty_ over their money, their identity, and the systems they rely on.Ethereum's mission was, is, and will never be about speculation. It's about fucking resistance. It's about building systems no ruler can censor, no corporation can own, and no a ...

L2 Construction & Strategy - The optimal approach to building an L2 involves maximizing the utilization of the L1's inherent features, such as security, censorship resistance, proofs, and data availability [1] - L2 logic should be streamlined to focus on sequencing and proving, or solely proving if based [1] - Ethereum L2s enable trust minimization and efficiency, which enterprise blockchains sought in the 2010s but couldn't achieve [2] Industry Trends & Predictions - There is a prediction that most alt-L1s will transition into L2s [2] - Celo's integration into Ethereum's ecosystem, including carbon initiatives, inflation reduction from 2% to 1%, block time reduction from 5s to 1s, and legacy code elimination, serves as a playbook for this transition [2]