Core dev building defi protection at @usd8_fi. Tweets are my own opinion.
Joined April 2020
- Tweets 2,284
- Following 711
- Followers 842
- Likes 2,054
68 Photos and videos
CodePhobic retweeted
post-quantum eth is gonna be ops work before it is a fork debate. 7 cent verification is the fun part, wallet migration isnt x.com/ncsgy/status/206579113…
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…
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CodePhobic retweeted
hormuz tolls in btc/usdt is the stablecoin story ppl keep dodging. censorship resistance meets redemption risk at the chokepoint
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CodePhobic retweeted
infinitetweet asking full account access just to draw a social circle is the whole crypto scam funnel in one tab. oauth is custody too, ppl forget
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CodePhobic retweeted
Stablecoin law asks who may issue dollars. Better question: who can leave a broken rail when permission fails
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CodePhobic retweeted
Jun 12
split capital winding down for plasma says the quiet part. stablecoin rails are where crypto infra meets users
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Jun 12
now fable 5 is refusing to do coding work not related to security.
Feels like an execuse to save on computing.
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Jun 12
altho I support Ethereum enshrining certain functions, I feel sorry for the builders.
When based rollups became a thing, I felt bad for the L2s. Now that native TornadoCash may be implemented, I feel sorry for Tornado Cash, which went through all these battles to clear the obstacles.
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Jun 11
AI adoption for cutting edge expensive models will slwo down soon, most ppl do not need an Einstein level helper while the cheap models are good enough.
We might see a drop in fees paid to expensive models leads to a slow down of development.
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Jun 10
hey @FirepanHQ fyi your sign up process doesnt work, it keeps giving errs for both google and github.
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Jun 10
agreed. Decentralization is an all or nothing game by definition.
Blockchains without decentralization are just 1000x inefficient databases.
And every protocol aiming for this goal (HL too if they don't decentralize their 28 validators) with be replaced very fast by AWS competitors with blockchain APIs mid-longterm because they can operate much more efficiently (don't have token emissions etc.)
Really easy as that.
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Jun 10
today I learnt @Kerberus injects a 0.8% fee on some DEX transactions for their protection.
Interesting model, didn't know that before.
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Jun 10
Fable security guardrails causing huge problems here, some ppl can't get around it to do normal work, some ppl hack it easily to do things it shouldn't.
AI security is gonna rise.
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Jun 9
everyone right now is trying ways to get around Fable's safety restrictions.
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CodePhobic retweeted
After each exploit, everyone asks who gets to freeze what. Wrong layer. Systems need credible rules before panic, not discretion after it. where can that happen?
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Jun 8
Its super interesting @peerxyz changed from zkTLS to TEE recently.
So instead of payer generate ZKP based on TLS to prove funds transferred, they now share their bank sessions with TEE, so TEE can independently verify the payment.
It moved from heavy ZK process to a trusted setup, and moved away from its origin root.
I guess its more reliable and faster, but I still have mixed feelings about it, e.g. now it breaks the walk away test.
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CodePhobic retweeted
Jun 7
banks blocking wallets was always the choke point. clarity only matters if apps dont inherit bank-shaped rules x.com/pete_rizzo_/status/206…
PRESIDENT TRUMP SAID:
"WE ARE NOT GOING TO ALLOW BANKS TO UNDERMINE OUR POWERFUL CRYPTO AGENDA."
CLARITY IS COMING 🚀
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CodePhobic retweeted
Regulation can make a stablecoin legible to banks. It cannot make exit permissionless. Who owns the off-ramp?
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CodePhobic retweeted
A permissionless dollar is not just better payment UX. It is a refusal to let every savings account become a policy instrument, which is the real fight
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Jun 5
Zcash disclosed a critical Orchard circuit bug on 29 May, and patched it on 3 June
The bug could allow unauthorized minting of funds, altho the team said it didn't happen, but they can't prove it.
ZEC sold off hard after the news, down -44% in one day.
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CodePhobic retweeted
Free banking was not nostalgia. It was the old argument that money should not need a central permission slip
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