Joined February 2010
- Tweets 5,714
- Following 505
- Followers 35,408
- Likes 3,625
73 Photos and videos
Jun 11
Question to all the people upset about Anthropic adding safeguards to Fable. I think most of you come from a libertarian viewpoint?
But from that perspective, isn't it also Anthropic's right to do whatever they want with their model?
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Jun 8
Join the MPP Hackathon at Futura! It's going to be fun
The MPP Hackathon is here. 🚀
Build together the future of agentic payments, supported by @tempo as main sponsor, helping developers move from idea to implementation faster.
Full free ticket to futura.camp for all hackers 🎟️
Apply now: join.futura.camp/mpp-hackath…
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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!
Jun 5
look i'm not trying to pile on because i think at least a good chunk of people bought into this really believing in it, but here's a simple question:
how are you not giga-fucked if you can't even prove if something has been exploited or not, possibly resulting in infinite coins minted in the past which you can't even detect today or at any time in the future?
is this the situation we are looking at here? am i misstating it?
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Jun 5
Why aren't there tests for this? Wouldn't it be easy to detect unconstrained variables by randomly varying each input and seeing if the circuit is still satisfied?
The Zcash Orchard zk circuit bug, as reported by @DefuseSec.
The bug looks obvious in retrospect, but unfortunately, it was missed by perhaps the most diligent protocol designers, cryptographers, and auditors.
It may get worse before it gets better, unfortunately.
Expanding coverage of formal verification is probably the only long-term solution we have.
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Dankrad Feist retweeted
Jun 3
For the first time, contractors can get paid, hold, earn and spend, all inside the same app 💸
Introducing the Deel stablecoin wallet: hold earnings in DLUSD, earn rewards, spend anywhere, with no crypto exchange, separate accounts, or lost value in transit.
Launching in Latin America today, with APAC, MENA, and Africa to follow.
Coming soon for employees! 👀
Thanks to our partners at @Stablecoin, @privy_io, @tempo, @Morpho, and @Sentora for making this possible.
Read more in the comments 👇
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Jun 2
Futura/zuBerlin has been one of my favourite events for years, bringing people from different disciplines together! I will talk about a new way to look at sovereignty and how AI changes the game
happy to welcome back @dankrad as a familiar face again to stay with us 😍
he'll talk about Sovereignty in an increasingly AI dominated world and have some further surprises for you - more on that soon! ✨😉
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May 31
What happens to the frozen money now? 🤔
May 30
🐋 WHALE WATCH: Circle just reminded everyone that decentralized finance has a centralized kill switch.
They blacklisted the smart contract behind the Zama privacy protocol on Ethereum.
Around 12.6 million dollars in user funds are now completely frozen.
ZachXBT tracked the freeze back to a deposit linked to a suspected rug pull.
Your on chain privacy is only as strong as the stablecoin issuer allowing it.
Are you moving your capital into decentralized stables ?
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Dankrad Feist retweeted
May 31
I ~roughly agree with this. I still think that the Passkey is the best we have right now balancing UX, ease of onboarding to crypto and no dependency on 3p custody or complex multi-party key setups.
The great thing about Tempo's Webauthn implementation is that you can store your wallet credential on your Yubikey if hardware wallet security is what you're after.
May 31
Are passkeys actually like a hardware wallet built into your phone? I'm afraid not
(They are still pretty useful for quickly creating hot wallets)
dankradfeist.de/blockchain/2…
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May 31
Are passkeys actually like a hardware wallet built into your phone? I'm afraid not
(They are still pretty useful for quickly creating hot wallets)
dankradfeist.de/blockchain/2…
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Dankrad Feist retweeted
May 19
Introducing Libramen.
The agent economy is here. Headless services and buy-now buttons are trivial; transactions are already happening.
But real-world services don't work that way.
They require a scoping and qualification process before a transaction can take place.
Libramen solves this so agents can transact autonomously with IRL services. Now your agents can do anything from booking an event space with catering for your hackathon to hiring a contractor to clean your pool.
Link below.
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Dankrad Feist retweeted
who captures value when the user is no longer human?
meet @jonah_b at futura.camp this year where he'll speak abt his sharp takes on value flow in agentic economies
⚡ Jun 13–22 at Funkhaus Berlin
read his post here 👇 x.com/jonah_b/status/2059318…
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Dankrad Feist retweeted
May 21
Tenbin's first asset is live.
Introducing Tenbin Gold (tGLD): Liquid, Yield-bearing Tokenized Gold.
Built for instant on-chain liquidity with DeFi utility.
app.tenbinlabs.xyz
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May 21
The way to save Ethereum: The community needs to create an organization that's economically aligned with Ethereum and accountable to it.
The EF now holds less than 0.1% of all ETH. There is no flow of Ethereum staking or fee revenues to it.
If we want to get Ethereum back to winning:
- create an organisation with credible funding, minimum $1b as a start. That's very reasonable for an ecosystem with $250b market cap
- find a leader who is competent and wants to fight
- make it accountable: a board of people who want ETH to go up, and a charter that holds the org accountable to it
- fund it permanently: A significant amount of staking revenue needs to go to it. A governance mechanism that can adjust it (also part of accountability).
Very hard to imagine now, but I think this is the only way (and it will probably happen, but it might take a long time before it is consensus).
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May 6
Exactly.
Of course the fight is to keep it this way, as much as possible. And extend to more RWAs when we have the chance.
May 4
Stablecoins are actually super cypherpunk.
CT has broken your brain on this.
The idea that anyone at any time, with just a mobile phone, can hold and send dollars instaneously to anyone in the world, no KYC, no nothing--that was literally the cypherpunk dream.
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Apr 26
Wow, under 2 hours!
Apr 26
OMG.
🇰🇪 Sabastian Sawe becomes the first man ever to break 2 hours in a marathon (legal conditions) in 1:59:30 at the London Marathon!
Yomif Kejelcha 🇪🇹 runs 1:59:41 in his DEBUT.
Jacob Kiplimo 🇺🇬 takes third in 2:00:28
All under the previous WR.
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Apr 21
I think it's great that the security council stepped up and stopped NK.
The interesting question is what the line will be in the future. Personally I think it will be great if crypto projects start establishing their own jurisdictions and clearly define how they make decisions like this.
Apr 21
Surely one of the most complex decisions ever made in Arbitrum governance history but a few things worth noting:
1. To all those screaming for the past few days “Arbitrum has a centralized sequencer so they can move funds”, take a few minutes to learn how Arbitrum works. The sequencer has absolutely no power to move funds and was not the one who acted here.
2. The decision to act was made entirely by the Arbitrum Security Council, a group of 12 individuals elected by the Arbitrum DAO (the annual election is currently underway — vote now!), which required 9/12 of them to agree.
The council is independent from the Arbitrum Foundation and Offchain Labs (1/12 of the elected members is an OCL engineer), and came to this decision by themselves after much deliberation.
You may not like the existence of security councils and you can form your own opinion on whether you agree with their actions, but this process was extremely distributed and coordinated by independent actors, and ina world where security councils exist, Arbitrum’s is a masterclass on how a truly independent security council should operate.
3. For many, the ultimate goal is to get rid of the security council entirely, but this is complicated.
Technically it’s easy — the security council is elected by the DAO and operates at its pleasure, and the DAO can turn it off at any time.
But the harder question is _should_ the DAO do that? L1s have the ability to hard fork. Security councils control the analogous power for the L2. If you get rid of it, you lose the ability to hard fork. You can still update the chain via DAO vote but that’s a slow process and you can no longer do fast emergency actions (which includes both actions like the security council took today as well as the ability to quickly upgrade the code in case an exploitable vulnerability in the software stack is discovered).
As I’ve said many times, the best path that I see to getting rid of security councils is for the L1 itself to take on this burden for its most important L2s (as defined by objective criteria). In that case, in the case of a vulnerability or an exploit the conversation for L1 and L2 will be identical — does this warrant an L1 hard fork. I’m hopeful that we can reopen this conversation in the coming weeks.
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