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Joseph Young
01-26 17:59
@iamjosephyoung
ethereum has $28 BILLION in active loans, up 10x since 2023. dominates DeFi, lending, tokenization, and stablecoins with 60~90% market share. this is what network effect looks like. https://t.co/2pFf1b2Hsr
vitalik.eth
01-26 03:53
@VitalikButerin
@captgouda24
Hence revealing with a delay, long enough that the algorithm has to be refreshed because it gets goodharted even without publicly revealing it.
vitalik.eth
01-26 02:24
@VitalikButerin
It's an important test of whether or not the recent "open-sourcing of the X algorithm" is effective that you should be able to [hire someone to | ask a bot to] scan through the published code and verify whether or not unfair deboosting of disfavored views is happening. In my ideal world, the code would be fully open and published with a delay, and you would have zk-snarks so you can actually prove that the timeline you see is the direct result of running the published algorithm.
vitalik.eth
01-26 01:35
@VitalikButerin
I no longer agree with this previous tweet of mine - since 2017, I have become a much more willing connoisseur of mountains. It's worth explaining why. https://t.co/LerCobzgvo First, the original context. That tweet was in a debate with Ian Grigg, who argued that blockchains should track the order of transactions, but not the state (eg. user balances, smart contract code and storage): > The messages are logged, but the state (e.g., UTXO) is implied, which means it is constructed by the computer internally, and then (can be) thrown away. I was heavily against this philosophy, because it would imply that users have no way to get the state other than either (i) running a node that processed every transaction in all of history, or (ii) trusting someone else. In blockchains that commit to the state in the block header (like Ethereum), you can simply prove any value in the state with a Merkle branch. This is conditional on the honest majority assumption: if >= 50% of the consensus parti
@VitalikButerin:
@iang_fc The idea of average users personally validating the entire history of the system is a weird mountain man fantasy. There, I said it.
Felipe
01-26 01:23
@PhilCrypto77
RT
@MichaelAArouet
: That’s probably the funniest post you’ll see today. The EU really believes that an EU Parliament resolution can replace trillions in investment and vibrant US innovation? What’s next? A vote to end world hunger or cure cancer? In which parallel universe do they live?
@MichaelAArouet:
That’s probably the funniest post you’ll see today. The EU really believes that an EU Parliament resolution can replace trillions in investment and vibrant US innovation? What’s next? A vote to end world hunger or cure cancer? In which parallel universe do they live?
Samson Mow
01-26 00:38
@Excellion
@BitPaine
Correct.
Samson Mow
01-26 00:38
@Excellion
RT
@BitPaine
: 🧵 prediction: ethereum will rush ahead with a hastily designed and implemented “quantum-resistant” hard fork because they are desperate for a new narrative that will stop the bleeding against bitcoin. this will be hyped by Coinbase.eth and every VC bag holder, accompanied by a narrative that bitcoin governance is too slow and flawed to upgrade against this imminent and existential threat. how imminent this threat is will be left as an exercise to the reader, but it need not matter. (you can see the basic outline of this coordinated attack forming in real time.) the specifics never matter. bitcoin wasn’t “full” - we just needed bigger blocks because it would be full, imminently (still isn’t). bitcoin wasn’t using all of the energy on planet earth, but we defined needed proof of stake because it would, imminently (still doesn’t). crypto grift is a flat circle, my poor exhausted maximalist friends: there is always a narrative. there need
@BitPaine:
🧵 prediction: ethereum will rush ahead with a hastily designed and implemented “quantum-resistant” hard fork because they are desperate for a new narrative that will stop the bleeding against bitcoin. this will be hyped by Coinbase.eth and every VC bag holder, accompanied by a narrative that bitcoin governance is too slow and flawed to upgrade against this imminent and existential threat. how imminent this threat is will be left as an exercise to the reader, but it need not matter. (you can see the basic outline of this coordinated attack forming in real time.) the specifics never matter. bitcoin wasn’t “full” - we just needed bigger blocks because it would be full, imminently (still isn’t). bitcoin wasn’t using all of the energy on planet earth, but we defined needed proof of stake because it would, imminently (still doesn’t). crypto grift is a flat circle, my poor exhausted maximalist friends: there is always a narrative. there needs to be a narrative to sell shit to retards. and if you’re wondering why the narratives are always so retarded, well, it’s targeted advertising innit? it is always loosely aligned and coordinated spontaneously by the usual cadre of aligned interests: casino exchanges, aging crypto-Gypsies holding bags they regret not unloading sooner, and retarded chart traders gooning to whatever fractal pattern confirms their bias. it will work for a time. after all, there is always a new retard to sell to. and this time you’ll have some of the more modestly iq’d Wall Street boomers get taken in. (look at how easily @JanvanEck3 got baited into shilling a ten year old vc premined shitcoin on cnbc). they will see this as an opportunity to shill some penny-crypto etf product that is beneath BlackRock’s consideration, but it will also assuage their boomer-turd brains that no, they weren’t wrong about bitcoin all this time. it really was doomed all along, you see, because quantum. $ETH, the mothership of all things unholy in crypto, will pump against $BTC a bit - a lower high than it managed on the merge hype - but nonetheless high enough that last cycle’s top-buyers get to unload on the next generation of top-buyers at an acceptable price, and the crypto-gypsies get to unload a bit more of their cursed premine bags. but more importantly, quantum-eth will bequeath on the panoply of lesser turdcoins a small portion of its manufactured largesse. what Satoshi did, you see, is prove that you could print digital money - and people would buy it! of course, he made it difficult and costly to print, but once you open that Pandora’s box, it doesn’t easily close. there is always someone who understands that people are fucking retarded, and printing money and selling it to retards is the best business model in the world. it will all crash again, of course, like a wave function decaying into entropy, but not before grifters sell bullshit to retards. such it is, as it was, as it will always be (as it were). I wish this weren’t true, but sadly the incentives have not and never will change so just mute “quantum” and chill let’s all vibe with @saylor and go on buying bitcoin. because that’s still all you need to do.
Samson Mow
01-26 00:34
@Excellion
Engineering: We have a heat dissipation problem with the Starlink terminal. Marketing: It’s a feature for melting snow.
@elonmusk:
Starlink melts snow to work in the coldest weather
Samson Mow
01-26 00:21
@Excellion
@DavidSacks
Savage.
Elon Musk
01-25 23:34
@elonmusk
Starlink melts snow to work in the coldest weather
@Starlink:
Engineered for harsh conditions, Starlink melts snow and keeps you connected to high-speed internet 🛰️❄️
Elon Musk
01-25 23:34
@elonmusk
@pmddomingos
Same lol
Elon Musk
01-25 23:33
@elonmusk
@ArthurMacwaters
Wow
Elon Musk
01-25 23:33
@elonmusk
@beffjezos
Yeah
Vinny Lingham
01-25 22:12
@VinnyLingham
@dampedspring
You should activate subscriptions on X
Vinny Lingham
01-25 21:39
@VinnyLingham
@ZeroHedge_
So few people understand this
Samson Mow
01-25 21:00
@Excellion
RT
@saylor
: Unstoppable Orange. https://t.co/RUyVxhn38b
@saylor:
Unstoppable Orange. https://t.co/RUyVxhn38b
Felipe
01-25 20:56
@PhilCrypto77
Patiently waiting for the Saylor tweet that market bought at $91k
Samson Mow
01-25 20:55
@Excellion
The most bullish things for #Bitcoin happened in the last year: two popular myths were shattered. 1️⃣ The 4-year cycle. The illusion is over. An Omegacycle is in the cards. 2️⃣ Bitcoin is too big to see a 10x. Gold saw almost 2x. Silver 3.4x. Now we just wait patiently. 🚀
Samson Mow
01-25 20:23
@Excellion
RT
@GoMaestroOrg
: Samson Mow: "If the world understood Bitcoin, we would be at $10,000,000 a coin now." https://t.co/JHCt04NGmk
@GoMaestroOrg:
Samson Mow: "If the world understood Bitcoin, we would be at $10,000,000 a coin now." https://t.co/JHCt04NGmk
Samson Mow
01-25 20:23
@Excellion
RT
@TheStreet
: Samson Mow urges everyone to plan accordingly.
https://t.co/251Bz1Sd3I
@TheStreet:
Samson Mow urges everyone to plan accordingly.
https://t.co/251Bz1Sd3I