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James | Snapcrackle
2,577 posts
James | Snapcrackle
@Snapcrackle
EF. Writing at Enterprise Onchain. Ex-founder (2 exits, 1 flop).
Buy, Borrow, Die. Larry Ellison has never paid taxes on his $200B Oracle fortune. • Never sells (no capital gains) • Borrows against shares (tax-free loans) • Dies (heirs get step-up basis) When tokenized stocks integrate with DeFi, this billionaire strategy becomes
00:00- Alipay becomes an Ethereum L2 - Alipay has around 1.3billion users. Let that sink in.
- The @a16z report is super interesting. My favorite slide: Developing countries account for the majority of actual on-chain activity through mobile wallet usage. Countries like India, Nigeria, Indonesia, and Argentina collectively represent over 50% of monthly active mobile
- Big changes are coming to @ethereumfndn’s ecosystem development cluster to support real-world adoption. Here’s what’s changing and why it matters🧵
- 🎢 Layer 2 Grants round is open 🐼 The Ethereum Foundation seeks proposals for tools, analysis, research, and education on layer 2 rollups. Details: esp.ethereum.foundation/layer-2-grants The submission deadline is in six weeks. DMs are open if you have questions!
- AWS us-east-1 is down again. Half the internet just broke. Signal's having a sleep in. Even AWS support is down so you can't complain about AWS being down This is what renting your infrastructure gets you. One DNS hiccup and millions suddenly realize they don't control
- Celo and Ronin just demonstrated why every alt L1 might eventually become an Ethereum L2 Celo shut down 110 validators and cut security costs by 99.8%, from $6.9 million per year to just $13,200. Ronin paid out $35 million in staking rewards since 2023 just to maintain their
- We’re excited to share an update from the Ethereum Foundation’s EcoDev team, focused on helping builders, founders, and communities grow on Ethereum. From infrastructure to impact, here’s how EcoDev is helping the ecosystem grow.
00:00 - Ethereum is cooking.🧑🍳 🍳 - Protocol Advocacy Alliance self-organizing. - @Etherealize_io is out there building products. - zkVM proving times dropping rapidly. - Privacy projects going live on Ethereum - Orgs launching tokenized assets - Two more Ethereum community
- Bhutan just became the first nation to anchor its national digital identity system on Ethereum. 800,000 citizens. Bhutan chose Ethereum for something that actually matters: its citizens' digital identity. Why would a sovereign nation choose Ethereum over using enterprise
- Did Justin just break the blockchain trilema? This changes scale and decentralization. Ethereum teams can now generate a validity proof for an entire L1 block fast enough to keep up with block time (12s) and often in 7s on a single rack of GPUs you could run in a garage. ThatProgress toward real-time proving for Ethereum L1 is nothing short of extraordinary. In May, SP1 Hypercube proved 94% of L1 blocks in under 12 seconds using 160 RTX 4090s. Five months later Pico Prism proves 99.9% of the same blocks in under 12 seconds, with just 64 RTX 5090s.
- Hello to the Ethereum Foundation's new Privacy Cluster. Not just researching it. shipping it: Kohaku wallet for everyday users IPTF bridging institutions to Ethereum 50+ open-source privacy tools Privacy is normal.
- 🤖 Staking Node Operators RFP 🤖 The Ethereum Foundation is looking for proposals to build technical staking node operator documentation. Details here: github.com/ethereum/reque… Submissions expected by July 8th. DMs open if you have questions!
