Bullish privacy. Bullish Ethereum. Bullish PSE @PrivacyEthereum ethereum-magicians.org/t/pse…

Having an Eth Conference in NYC was a perfect timing (maybe half a year ago would have been even better). Did Wall St come, listen and participate? Not really. High quality attendees but the usual suspects from Ethereum centric conferences. Why didn’t they show up? From the meetings we had in the city throughout this week. Two reasons: - NYC: People don’t have to go to conferences to meet people. Everyone passes by at some point. Nothing you can do here. - Agenda: One big institution that builds in the space very actively said that they it’s just still too much in the weeds to be worthwhile for us. I know that the organisers but a lot of effort in curating the agenda to the needs of the financial industry. Unfortunately that didn’t work well enough. Hopefully it was just the first version of a blue chip conference. Big thanks for the whole org team for bootstraping this in NYC. Looking forward to next year.

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NYC is wild

gm NYC, see you nerds at @ETHconf ?

Great deep dive on perps

iptf [dot] ethereum [dot] org is live with a major update! A comprehensive, navigable guide to privacy on Ethereum: for institutions deploying private infrastructure, and for the end users protected by it.

No joke, I would love to make a stablecoin pegged to or backed by/redeemable for forever stamps.

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Bought my ticket! See you in NYC? Looking forward to catching up :)

Epic run Josh! Appreciate everything you’ve done for all of us 🫡

1/ How L1 and L2s can build the strongest possible Ethereum tldr: we should continue to lean into the unique capabilities of each layer, and make sure all users have a clear path to securely and seamlessly benefit from the core properties of Ethereum

With the support of @EFetheverywhere, we’re launching the Buenos Aires Ethereum Community Hub, hosted at our new Aleph Hub. We’re proud to host the first Ethereum Community Hub in Latin America! Argentina continues to position itself as a growing and strategic node in the global Ethereum ecosystem.

If you are in #Ethereum. The @EFprotocol account needs more followers.

The

Defi is a central part of the value that Ethereum provides. Financial empowerment is a central part of what it means to have agency and freedom in our current world. Finance is far from the only thing that Ethereum is good for, but it is an important thing. This post discusses how the Ethereum Foundation is approaching defi. Defi today makes the world's best savings, risk management and wealth-building opportunities permissionlessly available worldwide. We need to build on that. Ethereum's early defi era was great because it dared to dream and innovate and come up with totally new paradigms (eg. AMMs). Defi tomorrow will bring back that spirit. Don't just "make a better stablecoin", dig a layer deeper, and think about the underlying problem (risk management, hedging one's future expenses), and come up with an even better solution. But also, as the EF, we are not interested in supporting "onchain finance" or even "defi" indiscriminately. We have a specific vision of what we want to see out of defi: permissionless, open-source, private, security-first global finance that maximizes people's control over their own assets, minimizes centralized chokepoints and trusted third parties, and democratizes risk management and wealth building (the two key goals of finance according to modern portfolio theory) as well as payments. We want protocols that pass the walkaway test: that keep working even if the original team suddenly disappears without warning (or even: becomes hostile / compromised without warning). Bringing this vision to reality will inevitably take a lot of work. Defi is a complex toolchain, including various onchain components, user-side offchain components (ie. wallet, local agent...), other offchain components, etc. The things that we care about include areas like: * Improving security of defi through "traditional" means, eg. audits, standards, wallet-side safeguards * Improving security of defi through "new" means, eg. AI-assisted formal verification, user-side agents as safeguards * Oracle security and decentralization (there's A LOT of skeletons in the closet here, we as an ecosystem really need to point a big eye of sauron at it for a while) * Privacy. Both privacy-preserving payments, and privacy of more complex use cases (eg. what does it mean to have a maximally privacy-preserving CDP? there are clearly benefits in reducing liquidation-sniping risk, but it requires hard tech to get there) * Open source, and improving the licensing / forkability situation in defi Ethereum is a permissionless protocol, and nothing stops people from deploying insecure protocols, protocols that enshrine ultimately unneeded centralized trust in the name of convenience, or dopamine-maximizing gambleslop. However, we *are* interested in working with anyone aligned to make permissionless, open-source, intermediary-minimizing and security and user-agency-maximizing defi ecosystem as strong as possible, so that it can be not just individuals and institutions' first choice in Ethereum, but also a globally compelling way to manage funds for anyone who needs its properties.

Wow huge pull for EF! Congrats @CharlieStLouis & @ivangbi_ & to all of us