Today
Justin Drake Ethereum Roadmap
SPECIAL: The Ethereum Roadmap with Justin Drake
Following this week's @BanklessHQ episode with @MaxResnick1, we sat down with @drakefjustin to clear the air about the Ethereum roadmap.
Justin is one of the prominent researchers from the EF and a huge advocate of based rollups. In this episode, we discussed topics in the Ethereum zeitgeist such as baselayer changes, decentralizing sequencers, MEV incentives on @Base, composability tradeoffs of based rollups, and the long-term data availabili......
6 hours ago Tweets
Why This Wall Street Firm Wants Its Traders to Play Poker
NEW: After years of hearing about how secretive trading firm Susquehanna uses poker to train traders, I invited one of its execs, a poker pro, and a star commodities trader over to @WSJ’s newsroom for a game of cards—and an interview
Read —and watch—here
https://www.wsj.com/finance/investing/poker-wall-street-trading-options-stocks-4223c308?st=nqwatza0dajuhku&reflink=article_copyURL_share
9 hours ago Tweets
Designing high-performance zkVMs
It seems like the content provided is an image and some links. Since I can't see the actual content of the article, I'm unable to generate a summary. If you can provide the text content of the article, I'd be happy to help create a summary for you.
20 hours ago Reads
Yesterday
Kalshi wins its case (pending appeal) against the CFTC to list election markets
Kalshi wins its case (pending appeal) against the CFTC to list election markets.
1 day ago Tweets
Is Solana’s Inflation Too High? - Helius
Today at Helius, we release a new report: “Is Solana’s Inflation Too High?” exploring Solana’s issuance from past, present, and future perspectives.
This controversial topic has been a magnet for misinformation, so we hope this report clarifies the actual situation with facts and data.
@heliuslabs @0xMert_
https://www.helius.dev/blog/solana-issuance-inflation-schedule
1 day ago Tweets
Delphi Pro NFT Memo - Metas Worth Paying Attention To
Despite an overall decline in NFT markets, creators keep adapting to current metas, and new narratives emerge. On the one hand, some NFT collections embraced memecoining to the point where they developed synergies with these coins, and on the other hand, some well-established projects like Bored Apes, Pudgy Penguins, and Azukis are building their L3s to expand their ecosystems further.
1 day ago Reads
State of the Proving Infrastructure Landscape - 2024Q2
The article discusses the increasing demand for zero-knowledge proofs (ZKPs) in various projects and the evolving landscape of ZK-proving infrastructure. It identifies around 20 projects offering or planning to offer ZK-proving services, including details on their unique positions, architectures, and code. The article explores the historical context, the debate on sequencer-prover separation, and the trend towards outsourcing proof generation. It also highlights different design choices made ......
1 day ago Reads
Aug non-farm payrolls +142K vs +165K exp
Aug non-farm payrolls +142K vs +165K exp. July revised down to +89K from +114K. Unemployment 4.2% vs 4.2% exp. Avg hourly earnings +0.4% MoM vs +0.3% exp.
IMO it doesn’t really change the analysis enough to move the Fed to a 50bp cut on Sept 18.
1 day ago Tweets
Firedancer Breakpoint Schedule
The Firedancer engineers are so excited for their talks at Breakpoint they made a landing page https://jumpcrypto.com/firedancer/
1 day ago Tweets
Columbi Prof Austin Campbell on Stablecoins - Odd Lots Podcast
NEW ODD LOTS
The Booming Crypto Use Case That's Happening Right Now
@tracyalloway and I talked to @CampbellJAustin, prof at Columbia biz school and financial markets veteran, about the rise of stablecoins, and the genuine breakthrough that they represent https://www.bloomberg.com/news/articles/2024-09-06/the-booming-crypto-use-case-that-s-happening-right-now?srnd=oddlots&sref=vuYGislZ
1 day ago Podcast
An Age of On-Chain Darkness
The article discusses Renegade, one of the first crypto dark pools live post a report on design considerations for private exchanges. It explores privacy levels pre-execution, order matching, liquidity sourcing, and post-execution processes. The platform's features are highlighted with an image. Readers are invited to leave comments on the post.
1 day ago Other
5th September 2024
Magic Eden Launching Separate US Frontend
Today we’re announcing the new http://magiceden.io for international users, plus http://magiceden.us, for users in the United States.
.US will still have great products you know and love while .IO will give us the ability to cook up (and sauté) even more features…
2 days ago Tweets
Doug Colkitt on Justin Drake's L2 Misunderstandings
I feel like I'm taking crazy pills.
Ethereum bet its entire future on the rollup centric roadmap, and EF leadership has basic misunderstandings of how the economics of its most active L2 works. One that could have been cleared up by spending 30 seconds on the block explorer.
Quoting venture apologist (@0xBalloonLover)
justin is wrong. base and almost all op stack L2s use intra-block priority ordering which is literally mev going to the sequencer
it's fair to say L2s don't have much mev. it...
2 days ago Tweets
1 GB blocks - Celestia roadmap
1 GB blocks to build whatever
Introducing the community's roadmap to relentlessly scale Celestia 🫧, enabling developers to deploy high-throughput, unstoppable applications using any VM.
http://blog.celestia.org/roadmap/
2 days ago Tweets
Delphi Pro - Paladin of the Solana Round Table
The report discusses Paladin, a solution designed to combat predatory MEV while allowing validators, stakers to capture maximum proceeds from other MEV opportunities. We dive deeper into the Paladin bot and PAL token, designed to work in tandem to let Solana DeFi grow to its full potential.
2 days ago Reads
Evolution of Blockchain State Architecture and Bonsai
The article discusses the evolution of Ethereum's state architecture, focusing on the efficiency and verifiability of state data through technologies like Tries, Patricia Tries, Merkle Trees, and Merkle-Patricia Trees. It explains the structures of these data storage systems and their benefits in achieving fast reads/writes and data integrity. Ethereum's use of Merkle-Patricia Trees combines the strengths of Merkle Trees and Patricia Tries to provide secure and optimized data storage. The art......
2 days ago Reads
Delphi AF: DEXs vs Front-Ends - Who Captures Value?
If you asked me this question a year ago I would say, without a question, DEXs. My reasoning was simple — switching costs are much higher across DEXs. If I switch from Uniswap to some longer-tail DEX, I am guaranteed to experience more slippage and w
2 days ago Reads
Embedded fee markets and ERC-4337 (part 2)
New post on http://EthResear.ch!
Embedded fee markets and ERC-4337 (part 2)
By:
- Davide Rezzoli
- Barnabé Monnot
🔗 https://ethresear.ch/t/20384
Highlights:
- The current ERC-4337 model creates a fee market for bundlers, but users often overpay due to lack of information about transaction inclusion.
- The introduction of a public mempool on the mainnet will increase competition among bundlers, potentially lowering costs for users.
- Separating the roles of bundlers and builders can enhan......
2 days ago Tweets
Danning Sui on Choosing Solver Auctions Vs DEX Aggregators
Uniswap X Fillers of different profiles have varying volume distribution across trade size:
- Known big market makers fill a lot more volume when trade size go up, almost only seen at size >$1k
- MEV searchers support >50% of the volume when size < $10k
here is a spicy take 🌶️:
2 days ago Tweets
Embedded fee markets and ERC-4337 (part 2)
The ERC-4337 model introduces a fee market for bundlers and outlines cost functions. The "Bundler Game" involves bundlers selecting transactions for bundles, creating an information asymmetry with users. The article explores improving user experience by aligning fees with market demand. Current state shows limited activity on Sepolia testnet. Bundlers and builders may be separate entities to enhance competition and censorship resistance. RIP-7560 aims to reduce transaction costs. Layer 2 solu......
2 days ago Reads
An Analysis of Intent Based Markets
Wrote about "An Analysis of Intent Based Markets", which explains the emergence of oligopolies in solver markets. Ultimately I think this work validates similar properties of solver markets today, therefore providing a framework for further analysis.
https://crypto.mirror.xyz/yfBzBTJg5VTZXlpAZ9SpvVFbbkADiT34tS3xJ3Luo98
2 days ago Tweets
ICICLE v3 - Igonyama
ICICLE v3 is a cryptography library for accelerating Zero-Knowledge Proofs, offering multi-platform support, enhanced GPU optimization, extended vector operations, and Merkle Tree enhancements. With a vision for future deployment across various hardware, ICICLE aims to become the standard for cryptographic systems. Comparing to ZKVMs, ICICLE offers unique capabilities for different cryptographic tasks. Its CPU support emphasizes performance on commodity processors. Researchers and industry pr......
2 days ago Reads
Understanding "An Analysis of Intent-Based Markets"
Intent-Based Markets are a way to express transactions on blockchains with specific conditions using intents. Intents simplify transaction flows by abstracting decisions, allowing users to focus on desired outcomes rather than steps. Solvers receive intents and optimize transactions, ensuring conditions are met. Marketplaces like UniswapX and CowSwap implement intent systems. Solvers aim to benefit from executing user orders, resembling principal-agent problems. Auction models are used to opt......
2 days ago Reads
4th September 2024
SuiPlay 0X1: web3 handheld gaming device
📣 Reserve your piece of history: the world’s first Web3-native handheld gaming device.
🚨 Pre-order your #SuiPlay0X1 now: https://www.suiplay0x1.com
Launching in H1 2025!
💧 #Suitember is kicking off strong!
3 days ago Tweets
Liquity v2 Tokenomics: A More Sustainable Flywheel?
The Liquity v2 codebase has been released, unveiling LQTY's role in the Protocol Incentivized Liquidity (PIL) model. Stakers can direct subsidies from protocol revenue with LQTY. Staked LQTY maintains v1 benefits and roles, enhancing its role in v2. For more details, visit the webpage.
3 days ago Reads
Futarchy and Prediction Market Resources
GitHub offers a range of tools and features for developers, including automation of workflows, package management, security vulnerability detection, AI-powered code assistance, code review, issue tracking, and collaborative discussions. It also provides learning pathways, customer stories, and sponsorship opportunities for open source developers. The platform caters to both individual users and enterprises, with options for pricing and feedback collection.
3 days ago Reads
Scaling Base: Looking towards the upcoming Pectra upgrade
Base's 2024 roadmap aims to make onchain accessible and affordable for all, focusing on fast, low-cost transactions on a secure, decentralized L2. The blog series "Scaling Base" shares updates on increasing data availability capacity, with a 4x throughput increase since launch. The goal is to achieve 1 Ggas/s capacity, committing to weekly gas target increases. PeerDAS in the Pectra upgrade will enhance data availability. Addressing capacity concerns, including fair compensation for L1 nodes ......
3 days ago Reads
Renegade, the first on-chain dark pool, is live on Arbitrum.
Renegade, the first on-chain dark pool, is live on Arbitrum.
Fully-private trading with zero MEV, slippage, or price impact.
Dark pools account for nearly half of the TradFi market, and Renegade unlocks dark pools for DeFi — http://renegade.fi
Here's how Renegade works 🧵
3 days ago Tweets
