Remembered that zksync paid 0.5% of $ZK supply to launch Lens on zkSynchttps://t.co/5SH9GWI6i0Ignas | DeFi (@DefiIgnas):zkSync reportedly paid 0.5% of the total $ZK supply to bring Lens to zkSync.That's $22.5m at the current price of $0.21.Sounds like a lot, but with so many technically similar L2s, competition is fierce. Only L2s with the best dApps will prevail. ...

PeerDAS in Fusaka is significant because it literally is sharding.Ethereum is coming to consensus on blocks without requiring any single node to see more than a tiny fraction of the data. And this is robust to 51% attacks - it's client-side probabilistic verification, not validator voting.Sharding has been a dream for Ethereum since 2015 , and data availability sampling since 2017 ( https://t.co/Fa0jKFgObW ), and now we have it.That said, there are three ways that the sharding in Fusaka is incomplete:* We c ...

RT 1inch Devs (@1inchdevs)Ethereum's Fusaka hard fork drops today.It’s an acronym of Fulu (consensus layer) + Osaka (execution layer)ANYWAY - a lot of the EIPs focus on L2s.Let's go through some of the changes https://t.co/XHjAu27P4z ...

Ethereum Upgrade - Ethereum's Fusaka upgrade is happening, indicating a significant network event [1] - The upgrade will lead to paused trading and transfers on Ethereum [1] Performance Improvement - Lower fees and faster block times are expected, particularly for Layer 2 solutions [1] - Improved data handling will result in smoother flows and connections [1]

My wishlist stats for Ethereum L1- 1 second bloc time- 1 block finality- up to 650 tps (hard ask?)- $0.01 tx cost (already happening)Then all Defi and retail swapping can happen on the L1.Liquidity on AMMs and Defi wouldn’t be fragmented and network effects would grow.L2s would still be needed for perps, gaming etc that require higher tps and lower costsBut they would not canibalize on the L1.Is it too much too ask?vitalik.eth (@VitalikButerin):You can just build on L1. ...

RT Ignas | DeFi (@DefiIgnas)Comparing $ETH (network) and $AMZN (corporation) on PE ratios misses the point of crypto.Amazon can run without $AMZN stock.Ethereum cannot run without $ETH.ETH needs to be staked for the network to work.Higher Ethereum adoption means higher demand for ETH because anyone using Ethereum ends up needing it one way or another (as Vitalik says, 'users' also include Wall Street and others).That part is obvious.The bearish case is gas abstraction removing the need for end-users to acqu ...

RT blocmates. (@blocmates)The Linea-Etherex interview. 🎬Moshu Treehouse, Buenos Aires. 📍@DeclanFox14 and @Trantor2140 joined @alexblocmates over coffee to talk about:- L2s entering their sovereign era- Linea's ZK foundation and scalability edge- Etherex's liquidity hub positioning and its underlying flywheel- ve(3,3) vs. x(3,3)- Linea's Consensys roots, architecture and infra stack- Onchain maturity and the institutional front ...

RT Devconnect ARG - the first Ethereum World’s Fair (@EFDevcon)Day 5 at Devconnect brought together L2s, identity, gaming & more.Catch highlights from throughout the day.Here’s the recap 👇 https://t.co/da5siZ8D9s ...

10 zkevm teams racing to $0.01 per block proving costs on 16 gpu rigs. sp1 r0vm openvm airbender pico ziren zisk cysic fermah marlin. these are the infrastructure tokens that power 10,000 tps ethereum. l2s need cheap proving to exist. own the rails not the trains. ...

the main case for L2s is that most people are retardedL2s aren't good because of "tech" or "Ethereum"they're useful because you can get the benefits of moving fast as a core team without caring about what soviet sleeper agents on your network think while giving users an exit ...