MEV and The Merge:
In PoW Ethereum, miners developed private endpoints that allowed them to receive transactions from bot operators who optimized the ordering to extract value.
The game changes in PoS. Why?
I finally worked out how to explain ZKRs to my mum.
Layer 1 -> The bus has room for 50 people, 500 want to get on, a longer line means higher ticket price for everyone.
ZKRs -> The bus costs $100, it can fit as many people as possible. More people makes it cheaper for everyone.
Nope, I won't shut up about DeFi Pooling on #StarkNet.
IMO it's the best way to provide truly scalable DeFi access to users who are priced out of #Ethereum and other L1s (like Avalanche... ahem).
A truly global, democratized financial system!
Specialized hardware for generating ZK Proofs won't harm decentralization.
Decentralization comes from anybody with a cheap computer being able to _verify_ the proof.
ZK Proofs have Ethereum security because they are verified on-chain, not because they are generated on-chain.
A call last week with a traditional company on their NFT minting options.
Them: What's so special about ZKRs?
Me: It's cheaper (per NFT) for you to mint 600k NFTs than it is to mint 300k NFTs
Them: 🤯🤯🤯
Minority view: I think #StarkNet going for Cairo instead of EVM was worth it just for the benefits of Account Abstraction.
The masses want self-custody but are scared.
Account Abstraction done right can solve this.
Examples: