blockchains, zero-knowledge proofs, virtual machines. working on @0xMiden
Joined September 2018
- Tweets 1,433
- Following 158
- Followers 6,343
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30 Photos and videos
Bobbin's Threadbare retweeted
Jun 11
4-mi video walkthrough the "How Miden Brings the Power of Crypto Rails to Neobanks" article
(aka "Miden is for neobanks")
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This week, Digital Asset closed a $355M round led by @a16zcrypto to scale @CantonNetwork, its institutional-grade privacy L1, while @Helius, Solana's leading infrastructure firm, acquired @LightProtocol to build privacy into the chain itself.
The biggest players are now putting real money behind the privacy layer.
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Bobbin's Threadbare retweeted
Jun 11
🔥 WHIR has landed in Plonky3 🔥
We just released v0.6.0, and with it we open the door to the world of multilinear PCS! 🚀
We've also shipped a ton of cool new features and performance improvements.
👀 Spoiler alert: Circle STARK is now *really* fast.
github.com/Plonky3/Plonky3
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Cost of Trust 2.0 is an iteration and refinement of 1kx's investment thesis.
Generative and agentic AI are creating new categories of trust gaps. Generative AI has created an authenticity crisis for digital media. Agentic AI is increasingly bottlenecked on trust rather than raw model capability, especially when it comes to deployment into businesses.
To tackle this emerging class of trust gaps created by AI, we believe that blockchains, together with other trust-manufacturing technologies such as programmable cryptography, formal methods, secure hardware, and cybersecurity, will become critical building blocks.
Jun 10
35% of US employment is spent creating trust.
Auditors, notaries, attorneys, courts, custodians, compliance officers. Trust-establishing work is the single largest category in the modern economy.
It is also being repriced.
The repricing started in financial infrastructure. Custody costs heading to zero. Cross-border settlement collapsing from days to seconds. Aave hit $44B in custody at peak (late 2025) at zero fixed cost.
It hit AI a second time. The Hong Kong CFO who got on a Zoom call with deepfakes of his CEO and the board, and wired $20M. AWS outages caused by AI agents managing production clusters without human oversight.
AI is the most powerful trust-eroding technology we have built. Trust intermediaries built on human schedules cannot keep up with fraud produced on machine schedules. The cost of creating fakes goes to zero. The value of verified trust goes up exponentially.
And it is opening categories that were not possible before. Permissionless conversion-based advertising. Hallucination-proof knowledge graphs. Programmable insurance.
Eight years of investing. One argument.
Cost of Trust 2.0, our 2026 thesis. Read it: 1kx.capital/thesis/cost-of-t…
35% stat: "The Cost of Trust: A Pilot Study," SSRN.
Aave peak TVL: DefiLlama.
AWS outages: The Guardian, February 2026.
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Today, Miden joined hundreds of organizations in calling on the U.S. Senate leadership to bring the CLARITY Act to the floor.
The bill, which passed the Banking Committee with bipartisan support, would establish clear rules for digital asset markets and strengthen consumer protections, and give the United States a real framework to compete on.
Stand With Crypto and over 200 organizations sent a simple message to Senate leadership: it's time for the Clarity Act.
The community is unified — large companies, startups, associations, and grassroots groups across the country are counting on their lawmakers to deliver rules of the road for crypto in America.
The Clarity Act passed the Senate Banking Committee with bipartisan support.
Now it needs to cross the finish line. Tell your Senators you want Clarity 👇
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Today, we added Miden's name to a coalition calling on the U.S. Senate leadership to bring the CLARITY Act to the floor.
It would establish clear rules for digital asset markets, strengthen consumer protections, and give the US a real framework to compete on.
This is the kind of regulatory clarity and progress we have been asking for. It should not sit on a shelf.
x.com/standwithcrypto/status…
Stand With Crypto and over 200 organizations sent a simple message to Senate leadership: it's time for the Clarity Act.
The community is unified — large companies, startups, associations, and grassroots groups across the country are counting on their lawmakers to deliver rules of the road for crypto in America.
The Clarity Act passed the Senate Banking Committee with bipartisan support.
Now it needs to cross the finish line. Tell your Senators you want Clarity 👇
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Jun 8
Most importan innovations by decade (my opinion):
1900 - 1909: radio
1910 - 1919: automobile
1920 - 1929: airplane
1930 - 1939: antibiotics
1940 - 1949: nuclear fission
1950 - 1959: transistor
1960 - 1969: plastics
1970 - 1979: public key cryptography
1980 - 1989: personal computer
1990 - 1999: the Internet
2000 - 2009: mobile/smart phone
2010 - 2019: cryptocurrencies
2020 - 2029: AI
2030 - 2039: space travel
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The big privacy story this week is the Zcash Orchard counterfeiting vulnerability – discovered by a security researcher using Claude's Opus 4.8.
It's a reminder of how disruptive AI can be in both directions and why privacy technologies need guardrails to prevent unforeseeable circumstances.
On other privacy news, we have launches across private stablecoins and private agentic payments.
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Jun 6
A valid point - but not a reason to be pessimistic about ZK as there are ways to address this:
- Run with training wheels for a while and double-check all proofs (e.g., in a TEE).
- Formally verify the constraints.
- Use multiple distinct proving systems to prove the same thing.
- Build a protocol which, in case of extreme events, would allow the community to come together and prove that there was no exploit.
We are doing/planning to all of these in Miden.
Jun 5
This is generally one of the problems with zk. Exploits become impossible to detect.
This is one of the reasons I was always skeptical of zk rollups which only publish state changes. A defi hack on such a chain would be insanely hard to debug, because the only thing that's visible would be a transaction that credits all the funds to the exploiter.
All of which makes me more bullish on constructions like Tempo Zones!
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Bobbin's Threadbare retweeted
Jun 4
Gateway has completed its SOC 2 Type 2 report for Security, covering the design and operating effectiveness of its security controls from January 31, 2026 to April 30, 2026.
This report is another step Gateway has taken to support secure, reliable infrastructure for institutions building onchain financial products. Together with ISO 27001, SOC 2 Type 2 adds another layer of assurance to Gateway’s security and compliance foundation.
We expect regulated onchain finance to become an increasingly important part of the global financial infrastructure, making security, operational resilience, and compliance readiness critical to scaling it responsibly.
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Jun 5
Great handling of this very tricky situation from the Zcash team! I don't think there are many other teams in the space who are as proactive in trying to stress-test their own protocol.
Having said this, potential for bugs like this is the main reason why Miden will launch with very serious training wheels. And even after the training wheels are off, I'd like to have a protocol, where in case of extreme events like this, the community can come together and prover that nothing bad happened. Something like verifiable threshold decryption can help here.
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Bobbin's Threadbare retweeted
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Miden co-founder @azeemk is sitting down for a fireside chat at @proofoftalk with Kathleen Wrynn, Global Head of Digital Assets at Invesco.
𝐂𝐫𝐲𝐩𝐭𝐨 𝐖𝐢𝐧𝐭𝐞𝐫, 𝐈𝐧𝐬𝐭𝐢𝐭𝐮𝐭𝐢𝐨𝐧𝐚𝐥 𝐒𝐮𝐦𝐦𝐞𝐫
Louvre Palace, Paris · June 02 – 03
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Bobbin's Threadbare retweeted
Final lightning talk on the side stage at zk14 was with @adr1anh from @0xMiden presenting Miden’s ACE chiplet—an arithmetic circuit evaluation chip that enables full recursion in just 32k VM cycles.
youtu.be/6Stp85GSKBU?si=SNmc…
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Last week, the story was projects wiring privacy into the financial products people already use.
This week, identity joined the conversation as @AztecLabs_ acquired a privacy-preserving passport verification protocol and @PrivacyEthereum shipped ZK proof of personhood on mobile.
The pattern keeps compounding.
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Bobbin's Threadbare retweeted
May 26
With Guardian, @0xMiden is the best tech for neobanks.
👀 👀
The main usage of privacy in crypto we should implement ASAP is for everyone using neobank’s.
It’s not great that you can easily see how much money people are putting on their cards, or how much they are spending.
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