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just published "Decentralized crypto needs you: to be a geographical decentralization maxi"
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@phildaian
ex-programmer, failed Phil/osopher. resident painter ⚡️🤖, card carrying member of the linux militia. been laying groundwork for a punchline that never landed
- SEC Chair Gary Gensler says he doesn't see the opportunity in crypto for small businesses. how about the fact that an 18 year old kid can walk into the community discussion underlying a $250B financial system and be an equal at the table. does Goldman Sachs provide that?
- addresses and IDs leaked? with everything that is going on in crypto right now? federal investigation now. this is a life or death matter. unacceptable. -a coinbase customerCyber criminals bribed and recruited rogue overseas support agents to pull personal data on <1% of Coinbase MTUs. No passwords, private keys, or funds were exposed. Prime accounts are untouched. We will reimburse impacted customers. More here: coinbase.com/blog/protectin…
- had something honestly heartbreaking happen to me at devcon tonight was told at a small dinner today that "you formalized mev and haven't done anything about it since, you just moved to upstate new york to **** your multiple girlfriends and let the chain rot" honestly this
- you literally: - cooked the books - ran a fraudulent matching engine - ran a market making firm with privileged info - misallocated customer money to "inVesTmENTs" fuck off douchebag[SBF says:] This is where the money went. drive.google.com/file/d/1e2v-rc…
- Around three years ago, I became interested in a question: what unexpected new challenges do smart contracts pose to security? My journey led me to give a devcon talk about the dangers of dexes, defi, and MEV. Today, we lay the groundwork for MEV to become a public good.
- Just published "Flash Boys 2.0: Frontrunning, Transaction Reordering, and Consensus Instability in Decentralized Exchanges" - arxiv.org/abs/1904.05234 Key takeaways and some pretty graphs below! 👇
- don't forget you largely exist by the grace of sbf lmfao humility, please y'all also ignored 100% of mev experts [not just eth, jito too] while pumping a clearly broken protocol as "fixed mev" "decentralized", meanwhile these memecoin scams you pump rinsed at every stageReplying to @newmichwill and @samczsunDeFi summer was way worse - leverage loops that created a nasty house of cards. There is virtually no contagion from memecoins.
- Just published: MEV wat do? pdaian.com/blog/mev-wat-d…
- wow i just watched this this is INSANE they totally gloss over the hack details... " ya but our cs reps do have access to some personal info like name dob address ETC" OMIT kyc ids and BALANCE AND TRANSACTION SNAPSHOTS, yknow, the thing that gets people killed in this space?
- ETH has a small but growing maxi contingent that sits on the sidelines but sees tarring and feathering others in the community as acceptable. I've seen this movie once before and it ends poorly. This will be my only warning, I don't have energy for this shit a second time.
- Tired of this "Core is decentralized, anyone can contribute" falsehood. If you've been reading the Bitcoin mailing lists *at all* in the last four years, you know this is false. Many ideas get laughed out of the room on the basis of "not having consensus" by the same 5-10 guys.
- Introducing Complete Knowledge (CK) proofs, that allow a user to demonstrate that they *really* have control of secret data, and the data isn't shackled by SGX or MPC. Implications on communication protocols, smart contract bribery prevention, ZKPs, etc.!
- I have a different perspective on eth in the age of deregulation and trump than many of you ethereum started as a "big tent" culture, masterminded by V. welcome everyone. build it together. but it was early, so what you had early on was all (insane, irrational) visionaries who
