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ALEX | ZK
@gluk64
Inventor of @zksync. zk/acc. Freedom maximalist. Freedom → Progress → Prosperity
2.4K Following    52K Followers
God bless America 🇺🇸 It's a truly exceptional country. Without it, the world would be a much less free and much less prosperous place.
America's leadership has always come from building, not standing still. Here's to the next 250 years. And to making the United States the Crypto capital of the world. Happy Birthday, America 🇺🇸
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Trust is built long before systems reach production. Thanks to @VeridiseInc for helping strengthen the foundations of Airbender. The path to institutional adoption starts with infrastructure institutions can trust.
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“No State shall . . . coin money; emit Bills of Credit; [or] make any Thing but gold and silver Coin a Tender in Payment of Debts.”
The US Constitution was the most important political innovation ever, but it's missing two important things: 1) A cap on the growth of government spending 2) A requirement for hard-backed currency Without them, every democracy drifts toward more debt and eventual loss of reserve currency status (see The Changing World Order). The US is $39T in debt, and adding $1T roughly every 100 days, with interest payments now exceeding the defense budget. There is no mechanism to stop it. Politicians get elected by promising free stuff using other people's money. Some voters get a benefit today, while the negative impact of the spending goes to future generations who can't vote yet. The incentive structure is broken. What fixes it? A new constitution somewhere on the frontier (Mars, special economic zones, cyberspace), an amendment that aligns incentives in the current system (politically challenging), or hyper economic growth (AI + robotics + crypto) to outpace inflation.
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1/ Announcing Ethereum Institutional An independent non-profit dedicated to accelerating the institutional adoption of Ethereum, its L2s, applications and overall ecosystem.
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Ahead of the @zksync Airbender V2 prover upgrade, @the_matter_labs brought us in to build the tools that formally verify their circuits. Not "we ran the tests and they passed." Mathematical proof that a whole class of soundness bug isn't there.
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Decentralized intelligence will not win in the same format as the one we're being served by the large foundation labs.
Letting hundreds of thousands of sick, elderly, and disabled Europeans die every year for lack of AC will do absolutely dick-all to slow down climate change, and I'm tired of people who lie and say that it will
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fast finality 🤝 make ethereum settlement layer for global economy
Europe's crusade against air conditioning is slaughtering elderly Europeans, and is not helping the climate.
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"Years of building with banks taught us three things: Own it, Connect it, Prove it. Put those three together and you get what people wanted from one shared ledger." 📸 From @gluk64 opening remarks at the Institutional-Grade Ledger Infrastructures Roundtable @pointzeroforum.
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The French 🇫🇷 don't use air-conditioning even during hot summer months, to save the planet. Thank you for your sacrifice 🙏 _
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Institutional adoption depends on blockchains capable of supporting compliance, privacy, scalability, and interoperability requirements. Catch @noah_pravecek discussing the Prividium Difference at @TokenizeThisNYC 📌 Where Should the Privacy Layer Live? 🗓️ June 24 | 10AM EST
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"Composability with privacy is really hard. On the infrastructure side, we are solving this with our private atomic interoperability between Prividiums". @Ozhar discusses the need for composability in regards to onchain institutional adoption on @therollupco.
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Ethlabs is huge bullish news for Ethereum. Proud to support it.
Ethlabs is supported by a broad coalition across the Ethereum ecosystem: DeFi builders, core devs, L2 founders, cypherpunks, investors, institutions, and researchers. People who care deeply about Ethereum’s future, protecting its core properties, and bringing them to the world. We are coming together to accelerate the next wave of Ethereum adoption by contributing to critical core R&D and building new infrastructure and products where the ecosystem needs them most. We are incredibly grateful to be supported by @BitMNR, @Sharplink, @ethereumJoseph, @snzholding, and more than 50 others across Ethereum.
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Announcing Ethlabs: a non-profit R&D lab for Ethereum and ETH Our mission is to make Ethereum the settlement layer of the global economy. The internet became global because shared protocols created a common language between networks. Private systems remained useful, but bounded. Finance is approaching a similar moment. As value, assets, and markets become digital, the world needs shared settlement infrastructure. Ethereum is uniquely positioned to become that shared base layer, the neutral foundation on which users, institutions, and agents can transact without intermediation. What we believe: • We believe credible neutrality matters. Ten years of uptime and the lowest counterparty risk. Ground that cannot be pulled away by any one country, institution, company, or person. • We believe ETH matters. The most valuable, programmable store of value. A decade of broad distribution, deep liquidity in onchain markets, and maximally trustless asset on Ethereum. • We believe DeFi matters. Markets, liquidity, credit, exchange, and coordination, open to anyone. • We believe adoption matters. Principles do not change the world until people benefit from them. We sit between two worlds: real usage from the builders at the frontier, and the protocol that has to support it. We work with users, applications, wallets, L2s, infrastructure teams, institutions, ETH holders, core devs and researchers, then turn what they actually need into protocol work, shared standards, infrastructure, and shipped products. Ethlabs is independent but Ethereum is a shared project. We are one node in a much larger network of stewards. This is the multi-node future. We have spent the better part of the past decade contributing to Ethereum core research and development. We are opinionated and transparent. We move with urgency, learn in public, and course-correct when we’re wrong. We are building a lean, talent-dense team for people who want to do the most important work of their careers: join@ethlabs.org
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If Europe decided to move into the 21st century and install ACs it wouldn’t be a problem. Instead everyone will be miserable and thousands of people will die.
⚡️ NEW: Ethereum validators could redirect up to 10% of staking rewards to fund ecosystem projects under a new proposal.
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