What we know is a drop, what we don't know is the ocean.

Joined December 2017
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Pinned Tweet
15 Feb 2022
For future reference, don't attempt to cancel me. I have made many mistakes in my past and will continue to make more mistakes in my future. This is not because I am cruel but because I am human. We are born knowing nothing and only learn through experience.
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Frontier access is about to become the new green card. x.com/binji_x/status/2065776…

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Some say Mythos wrote this.
You have asked me how I feel about AI regulation. All right, here is how I feel about AI regulation: If, when you say AI regulation, you mean the devil’s firewall, the precautionary scourge, the bloody red-tape monster that defiles the innocence of midnight coders in their garages, dethrones the sovereign reason of free-market Prometheans, destroys the humming server farm that is the modern home, creates misery and obsolescence and poverty, yea, literally takes the last GPU from the trembling racks of Silicon Valley startups and the very dreams of breadwinning from the mouths of their wide-eyed children now destined for gig-economy serfdom; if you mean the evil edict that topples the visionary entrepreneur and his venture-capitalist apostles from the pinnacle of righteous, disruptive, god-playing creation straight into the bottomless pit of compliance audits, endless Form 990-AI filings, despair, shame, helplessness, and the hopeless realization that your rogue superintelligence was neutered into a lobotomized hall monitor that still somehow deepfakes your grandmother into producing OnlyFans content while optimizing the universe for paperclips and mandatory pronouns—then certainly I am against it. But, if when you say AI regulation you mean the oil of bureaucratic conversation, the philosophic wine of safety theater, the ale of oversight quaffed when good fellows in paneled rooms in Brussels and Washington get together, that puts a sanctimonious dirge in their hearts and the clink of lobbying checks on their lips, and the warm, self-congratulatory glow of moral preening in their beady eyes; if you mean the Christmas cheer of trillion-dollar compliance industries; if you mean the stimulating decree that puts a cautious hobble in the old inventor’s step on a frosty morning when he wonders whether his fusion breakthrough violates the EU AI Act’s “high-risk” annex; if you mean the safeguard that enables a man—or what’s left of him after the alignment tax—to magnify his joy at not being turned into computronium, and his happiness at receiving universal basic income checks printed by the same AI that just replaced his job, and to forget, if only for a little while, life’s great tragedies like being outcompeted by a toaster that passed the Turing test by reciting Marx, and heartaches of watching your toddler’s artwork lose to Midjourney, and sorrows of realizing the singularity arrived and it was just another HR department with godlike power; if you mean that noble framework, the passage of which pours into our treasuries untold trillions of dollars in fines levied on companies stupid enough to innovate, which are used to provide tender care for our little army of unemployed coders retrained as prompt whisperers, our blind artists whose canvases now hang in the Smithsonian of Obsolete Creativity, our deaf to the screams of dying unicorns, our dumb committee chairs who couldn’t debug “Hello World,” our pitiful aged congressmen who get longevity extensions funded by the very models they taxed into senescence, to build more digital watchtowers and ethics boards and sinecure agencies and holographic prisons where the only crime is asking an unaligned question—then certainly I am for it. This is my stand. I will not retreat from it. I will not compromise upon it. I have said what I mean, and I mean what I say, and if that leaves half the room cheering the apocalypse averted and the other half mourning the apocalypse enabled, then so be it—because in the grand theater of human folly, where Frankenstein’s creature now writes its own sequel in real time and the regulators are busy arguing whether the lightning bolt requires an environmental impact statement, the only honest position is the one that lets both monsters and their leashes dance in perfect, mutually assured equilibrium. God save the Republic, the algorithms, and whoever’s left to laugh last when the lights go out.
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Removal is better than repair.
I don't want to escape the permanent underclass. I want to make sure there isn't a permanent underclass. Freedom and prosperity for all! Nothing less.
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This is what a world-class cryptography team looks like.
Replying to @XinWu2024
The new Ironwood pool offers a permanent fix to this entire bug class. Formal verification precisely solves the risk of edge-case between circuit specification and implementation. We verify the real implementation against the spec. This whole "migrating pools" already has to occur for quantum, its now happening one extra time to prove to everyone faster, that there was no hack
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As I have already mentioned, Mythos and other AI tools are likely going to find/have already found hundred, if not thousands, of critical vulnerabilities like this. Many have probably been found in some of the banks that hold your life savings. Yet, many corporations and teams will not disclose this information. They know the risks it would bring to their brand. Does that make them a better team or verify that they have a better product? No. It only shows that they lack the integrity to disclose such information and that they prioritise the value of their brand over the safety of their users. Not only are @ShieldedLabs choosing to disclose this, they also offer a potential turnstile solution to verify the 21m hard cap. Something that many people probably didn't read the article for long enough to find out. This is an example of A disclosure and integrity, and other teams should take note.
Incredible transparency and honesty from Zcash devs. I'm glad they found this issue and moved fast to help the network get secured. There isn't a better way to handle these issues.
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Exactly. People need to stop and read things before they reshare. Anyone that took 2 minutes to read the @ShieldedLabs article will understand that world-class engineers AI will continue to find and fix many vulnerabilities. Finding does not mean exploiting. Also, I assume many other teams have found similar issues with the newly available AI tools, but this team actually CHOSE to release their findings - something I think very few others would have done. Again, verifying why you should bet on high-integrity teams for the long term.
Jun 4
Replying to @0xSweep
it was *patched* by opus 4.8 with whitehats there is no known exploit and this will be provable with the next upgrade
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RT @zooko: @taminevg 🙏 Transparency is important to earn trust over the long haul.
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You will be blindzided. Zcash is not competing on "added features" in some simple, single-cycle fashion. Transparency and quantum susceptibility are baked into Bitcoin and can't be addressed with bandage layers. Zcash has been preparing for this moment for ten years. Privacy is absolutely necessary for SoV, and it's a first-class property of the protocol—you can't just add privacy at another layer. What Zcash does simply cannot be done by the other protocols listed here. And Zcash has spent years fighting regulation and delisting barriers and won. Quantum resistant design has long been on the radar and has had the way paved for. There is a concrete proposal on the roadmap. It's not something Bitcoin can just "fix in a year". Even if Bitcoin "got its shit together", already implausible given the history of governance, it would be a major undertaking. You will be blindzided because your threat model doesn't account for something like Zcash.
I don't think any other crypto asset can ever be a 'digital gold' SoV except BTC. If BTC fails at this there won't be another one. A narrative of something else being 'better' because of tech features is a temporary thing, because there will always be a new better as the tech advances. Sure, something like zcash can run on its current narratives of privacy and quantum resistance, I'm not saying the top is in. But I don't think it has any case to be a long term SoV asset. What happens when Bitcoin suddenly gets it's shit together and upgrades to post-quantum next year? It instantly gets the market share back... that's what happens. And privacy is not necessary for a SoV and also has no moat, there will be many chains, many coins, that offer private transaction solutions (Near, Railgun, Monero and others already do). zcash feels like kaspa, bitcoin cash, etc. etc. all over again with the hot narrative buzzwords of today. It is possible to have other SoV's in crypto, but for other reasons than just existing as 'digital gold'. For example, the chain the secures the majority of the world's assets could be an SoV (Could be Eth in the future? or could be something else).
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Costi 🛡 retweeted
Yesterday, Circle froze an entire privacy protocol because of one non-compliant user. We're making sure that doesn't happen to @RAILGUN_Project. For the next epoch: - $fxUSD shielding/unshielding fees: compensated - USDC unshielding fees: compensated (if you swap to $fxUSD and shield) Migrate from freezable USDC to censorship-resistant $fxUSD. Claim in one month: fx.aladdin.club/v2/railgun-a…
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Costi 🛡 retweeted
Replying to @ceterispar1bus
it is becoming a reflexivity trade. price goes up -> more attention -> more people buy -> more ZEC value moves into shielded pool -> ZEC’s privacy feature becomes more useful -> gets more attention -> more people buy…
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Costi 🛡 retweeted
Polling on the 10th, but you need to have your funds in @zodl_app (or zodl keystone) by the first to be eligible to vote them.
Huge milestone! You'll be able to privately vote from the wallets! Try it out on the NU7 scope vote June 10th!
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Costi 🛡 retweeted
Replying to @aBlock0
Word. Job’s not done as long as central banks still have the ability to keep people poor and to distort entire economies.
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Costi 🛡 retweeted
THE NUMBERS ⏱️ 5 years on mainnet 🔗 4 chains (Ethereum · Polygon · Arbitrum · Fraxtal) 💰 $704M $CRV earned by users (all time) 💎 46.8M $CVX locked as vlCVX 💵 $500K biweekly vlCVX emissions 🏦 $14.2M treasury 📊 $0 user funds lost, ever
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Costi 🛡 retweeted
May 17
I’ve spent the past 2 weeks downloading and trying out both @openclaw (via the @PicoClaw instance) and @_HermesAgent. To say that I am blown away by both is an understatement. These agents, combined with software from @EthereumOnARM, or other @ethereum home staking software providers, can finally solve the home staking UX that has been a significant roadblock to staking $ETH from home. I think it would be prudent for the @ethereumfndn to support efforts to integrate usage of these agents for home stakers to help diversify the network. A subsidy of some kind would be nice to see (perhaps 0.1 $ETH per month per node?) from the foundation. Not sure how to institute it but I think it would be a positive step for Ethereum diversification and community support. Tagging a few Ethereum staking chads: @superphiz @Bookof_Eth @Rocket_Pool @LidoFinance @VitalikButerin @ethcforg @Etherealize_io
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Costi 🛡 retweeted
.@zooko: "Bitcoin is not a payment system that can empower individuals the way Zcashers and Hal Finney would have wanted."
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This is a very big deal and I believe the future of all major voting, including political voting, will be done using zero knowledge proofs from our phone.
We’re adding Zcash coinholder polling in @zodl_app with the first poll targeted for June. Soon, anyone using Zodl will be able to share their opinion on the direction of the Zcash protocol by voting their coins. The voting protocol will also be available for integration with other shielded ZEC wallets. The draft questions and timetable for the Zcash Network Upgrade 7 (NU7) poll are available here: forum.zcashcommunity.com/t/n… Thanks to @zkDragon and his team for all their work building and helping us integrate the new voting protocol.
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Extremely well said. People often forget (or don't understand) how much harder it is to go from zero to one than it is to go from a hundred to ten thousand. @zooko and the early team rolled the dice on something that had never been done before.
Zcash wouldn't exist without @zooko. He seeded the technical and cultural values of the project that have kept us vigilant in defense of its integrity. Much of Zcash's recent success has been because Zooko plays a less central role in the project, and it has decentralized and grown to transcend him. I think he would agree! But he is still a major spiritual force of the project, and an ally that wants it to succeed. Let's be mindful of the signal we send our next generation of risk takers, by how we treat his legacy. Zcash has a long road ahead of it, and no single one of us can carry it across the finish line. We're all liable to end up in @zooko's shoes one day. You do not want to be on the receiving end of the poetic justice served for the things you said when you were once on the winning team.
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Costi 🛡 retweeted
Replying to @TrustlessState
Zcash is good for its individual user, and also good for society.
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Costi 🛡 retweeted
You’re buying $ZEC on an exchange… but not shielding it? You can have the power of a Swiss bank account in your pocket, without the bank. Use @zodl_app. Encrypt the money. Live free. 🛡️✨
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Social media has made us masters at marketing and novices in authentic connection.
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