Prediction markets like @Polymarket and @Kalshi are hot, but they have a dirty secret: the smartest money isn’t playing. By letting people bet on any event -- who wins an election, when the next Fed rate cut lands, how a company’s quarter comes in -- prediction markets promise to give us humanity’s best estimate of how likely something is to happen. The mechanism that’s supposed to deliver that is research getting rewarded. If you spend weeks digging into a race and conclude the market’s 60% should really be 85%, you bet -- and you make money for being right. You get paid for your work, and the public gets your information baked into the price. The promise gets fulfilled. Except it mostly never plays out like this. Your bet is public and tied to your identity. The moment you act on your research, you reveal it. Copiers pile in behind you, and the price moves to your target before you’ve even finished buying. You did the work, but everyone else reprices for free off your wallet. The math isn’t mathing. So the people who actually know things stop showing up, and what’s left is sentiment dressed up as a forecast. Just gamblers at the casino, so to speak. And it only gets worse as these markets grow: more volume means more wallet-watching & more copying. Success punishes the people doing real work and rewards the freeloaders. Prediction markets fail to keep their promise. The public deserves high-quality, real-time estimates on elections, geopolitical conflicts, corporate financials, and the rest. Right now we’re not getting them -- we’re getting the crowd, minus the people who actually know anything. The solution is privacy. Private trades, private portfolios, private identities. No more wallet-watching or copytrading. If you can profit from your research without people knowing it's you, then research will actually get done and PM pricing will actually reflect information rather than sentiment. The promise would finally be fulfilled. This is what we're working on at @FoglightPrivacy. Foglight brings privacy to all onchain applications, including prediction markets. And yes, it will work for @Polymarket. Join the waitlist at foglight.xyz and follow @FoglightPrivacy to stay updated.

.@BernieSanders , it is a time to celebrate. @elonmusk has created enormous value for society by building @SpaceX, driving down the cost of rocket launches and creating a global satellite communication network that has brought high speed, low-cost internet and communication access to hundreds of millions and eventually billions of people along with critical advantages for our military and our nation’s defense. SpaceX and its technologies will cause an acceleration in the growth of wages and wealth creation globally, including in some of the poorest communities in the U.S. and around the world. Access to low-cost, high speed communications everywhere will allow children around the world to be educated, families to build businesses, and life-saving medical knowledge and care to be available everywhere. SpaceX will materially bring down the cost of compute, advancing AI and humanity. Meanwhile, 4,000 SpaceX employees yesterday became millionaires, including hourly wage employees who you claim you are trying to help. The Elon Musks of the world drive growth, global GDP, and provide access to goods and services at lower cost that would otherwise not exist. Elon’s nominal trillionaire status is due to his ownership of SpaceX, Tesla, Neuralink, the Boring Company and his other initiatives that have brought new technologies that improve our everyday lives. Elon is not sitting on a trillion dollar pile of cash, jewelry and gold. He is using his controlling stakes in his companies to advance mankind. Elon’s companies don’t pay dividends. They reinvest all of their capital to accelerate innovation and value creation. Elon is working 24/7 for all of us. He deserves respect and appreciation, not smears. Bernie, your socialism would never allow a SpaceX to be built. Socialism has only proven to impoverish mankind and lead to death and destruction. We need to create the conditions for more SpaceXs to be built, not attack the great entrepreneurs who are helping to advance our country.

Ethereum can already start preparing accounts for a post quantum world, without waiting for a hard fork. Today, it would be just 0.07$ . Further audits incoming. Though I squeezed in a review with Fable before Uncle Sam crashed my party. Verity formal proof included for my lean enjoyers ethresear.ch/t/sphincs-minus…

3Jane is now open to the public Mint USD3 to earn $JANE Liquidity mining details below

Prediction markets like @Polymarket and @Kalshi are hot, but they have a dirty secret: the smartest money isn’t playing. By letting people bet on any event -- who wins an election, when the next Fed rate cut lands, how a company’s quarter comes in -- prediction markets promise to give us humanity’s best estimate of how likely something is to happen. The mechanism that’s supposed to deliver that is research getting rewarded. If you spend weeks digging into a race and conclude the market’s 60% should really be 85%, you bet -- and you make money for being right. You get paid for your work, and the public gets your information baked into the price. The promise gets fulfilled. Except it mostly never plays out like this. Your bet is public and tied to your identity. The moment you act on your research, you reveal it. Copiers pile in behind you, and the price moves to your target before you’ve even finished buying. You did the work, but everyone else reprices for free off your wallet. The math isn’t mathing. So the people who actually know things stop showing up, and what’s left is sentiment dressed up as a forecast. Just gamblers at the casino, so to speak. And it only gets worse as these markets grow: more volume means more wallet-watching & more copying. Success punishes the people doing real work and rewards the freeloaders. Prediction markets fail to keep their promise. The public deserves high-quality, real-time estimates on elections, geopolitical conflicts, corporate financials, and the rest. Right now we’re not getting them -- we’re getting the crowd, minus the people who actually know anything. The solution is privacy. Private trades, private portfolios, private identities. No more wallet-watching or copytrading. If you can profit from your research without people knowing it's you, then research will actually get done and PM pricing will actually reflect information rather than sentiment. The promise would finally be fulfilled. This is what we're working on at @FoglightPrivacy. Foglight brings privacy to all onchain applications, including prediction markets. And yes, it will work for @Polymarket. Join the waitlist at foglight.xyz and follow @FoglightPrivacy to stay updated.

you still think formally verified smart contracts isn't the future anon?

man aave really fumbled huh

i think "formal verification is not a silver-bullet cuz specs are hard" is a terminal-stage midwit take — theorem statements are ~3 OOM smaller than implementations e.g. zcash bug was something that was obviously breaking the implicit spec

In hindsight Zcash has always been in an uncanny valley Bitcoin offers a simple blockchain and a solid asset. The asset is the selling point. BTC can be bridged to Ethereum and used in DeFi without undermining itself. Ethereum offers a platform for complex applications, of which privacy is only one of many. Tornado Cash easily has more PMF than ZCash. @FoglightPrivacy offers privacy for all onchain apps, not just basic transfers. Zcash sits in the awkward middle. ZEC is sold as BTC but private, but the privacy relies on the Zcash chain itself. If you bridge ZEC to Ethereum and use it in DeFi, it loses its one edge -- privacy -- and becomes strictly worse than BTC which is the more lindy asset. Zcash also has no native private DeFi which could allow it to compete with Ethereum. The tech is good, the people are good, but it's simply bad business.

PSA: There is no token for @FoglightPrivacy or Tama/Tamaswap @tamaswap is not official and likely scam

Privacy has a North Korea problem. @FoglightPrivacy solves it. Over $1 billion illicit funds from hacks have been laundered through Tornado Cash alone. It's what governments cite when they attack privacy tools and put developers in prison. If a privacy solution wants people to feel safe using it, it needs to answer one question: Can North Korean hackers *ever* launder money using your solution? The answer needs to be NO. Not "maybe", not "hopefully not", NO. Existing solutions fall short. They have guards to prevent known bad actors from joining, but when the guards inevitably fail, the best they can offer to law enforcement is a shrug and a "sorry, we tried". Governments need to track criminals. Standing in the way is a sure ticket to prison. That's reality. The simplest solution is a backdoor. Hide user activities from the public, but keep them transparent to the authorities so they can track criminals. It works, but if the authorities get hacked and your financial data leaks, your very life may be in danger. Not good. Foglight is the first privacy solution that allows the authorities to see activities of criminals, but not law-abiding users. Foglight gives the authorities visibility of private transactions, but it's limited and above all accountable. Authorities can't run a panopticon, they only get a foglight. Follow @FoglightPrivacy to stay in the loop.

I've been heads down building @FoglightPrivacy to bring privacy to Ethereum users, but I've never shared what Foglight is and why it will be the one to finally achieve the impossible. This is your first sneak peek. Fear is the main reason 99 % of Ethereum users have zero privacy today. - Users fear being banned from exchanges or even having bank accounts forcibly closed, simply because they used a privacy tool. - Wallets and apps fear getting prison time on money laundering charges. This fear is the key thing to overcome, and no privacy solution addresses this sufficiently as evidenced by the near-zero privacy adoption today: - Railgun has <200 daily users - Privacy Pools has <50 daily users Foglight will be the only solution that can resolve this fear. How? By offering a privacy system that satisfies two seemingly conflicting requirements: - Government authorities must be able to trace money laundering transactions and get exact details - Law-abiding users must know their privacy remains intact with certainty Foglight is the first practical privacy solution. Follow @FoglightPrivacy to stay in the loop

Randomly checked my TL and spotted TamaSwap from @boredGenius claiming it’s “the unhackable DEX.” Here’s the TL;DR in simplest way possible: - It uses the exact same core math as Uni V2 - Normal DEX contracts are written in regular Solidity. TamaSwap’s contracts were written in a special math-friendly language called Verity. - Every important safety rule has been mathematically proven correct using advanced proof software (Lean). How it’s unhackable? No-free-lunch theorem → No single person (even with flash loans or clever tricks) can walk away with more money than they started with through any normal sequence of trades. ➠ This blocks most common hacks like price manipulation or rounding exploits. Other mathematical guarantees: - The pool always really holds exactly the tokens it says it does (1:1 backing). - Your LP tokens can never lose value because of a bug in the contract. - Protections against reentrancy attacks, number overflows, missing liquidity burns, and other classic exploits are all mathematically locked in. - Even the website lives on the blockchain: The entire swap page (connect wallet, pick tokens, swap, add liquidity) is stored directly inside a smart contract at address 0x000000B6C9f43311303Ae28D995DE7fE9B266Cd4. No servers, no hosting company, no way to shut it down. This is the first time a full production DEX has this level of mathematical security proof. Liquidity is still early as it just launched yesterday, but the architecture is exactly what serious DeFi has needed for years.

Follow. The. Money.

Everyone should be paying close attention here. Civil suit related to an external depositor has now gotten a smart contract with public funds frozen by Circle. This is a big precedent, and feels like it’s downstream of the Kelp incident waking people up to the dangers that civil suits pose to DeFi

everyone is missing the actual red alert. circle didn't just freeze a user's eoa. they blacklisted a live smart contract. the precedent is terrifying. if an issuer can nuke an entire protocol just because one tainted wallet deposited funds, then defi composability is dead. your stablecoins in a dex router, lending market, or yield farm are never safe. they can all become collateral damage overnight. defi protocols don't protect your fiat liquidity, they just group it together for a more efficient freeze. you can't build permissionless finance on a centralized kill switch.

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