koeppelmann
@koeppelmann
Fair money @aboutCircles, Co-founded Gnosis. Supporting @gnosisDAO, @gnosischain, @gnosisSafe, @gnosisguild, @gnosispay, @cowswap
1.7K Following 58K Followers
Unfortunately, just like with shoplifting, it’s ultimately the users who pay for every dollar lost in a hack.
If pressed hard enough @grok admits SpaceX evaluation is bonkers.
@koeppelmann Yes, by conventional metrics a ~$2T valuation on $23B TTM revenue and ongoing losses is bonkers. Bulls price in massive Starlink, Starship and AI upside; bears see a large gap to fundamentals.
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Does this tx do what you intended?
A simple question, often hard to answer.
Transaction checkers exist, but they are single points of failure.
And even if the checks are made, they are often just UI warnings, without actual enforcement.
That's why we are building Safenet.
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.@grok is it fair to say SpaceX valuation is bonkers?
Have people forgotten that crypto is not casino tech but resilience tech for people? No we haven't!
Heres a huge upgrade to the HOPR network getting us ready for the launch of Gnosis VPN!
Start running a node now to earn $HOPR revenue from Gnosis VPN very soon ⤵️
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With so much progress on AI, there is really no excuse left for @Google to not block those scam ads.
@koeppelmann @AFDudley0 @safe @Google Their AI in the search can figureout a lot of stuff, for free, but they cannot put an AI to flag these obvious scams in their sponsorship program. Congratz @Google , you are evil.
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I hate this so much. The top Google result (an ad) leads to a well-made scam version of @safe. Given how often legitimate crypto projects get suspended from ad programs, fkn @Google still happily sells its top spot to scammers after all these years.
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Bridges, payment providers and CEXs should count attestations instead of using a fixed delay. Under normal network conditions, Ethereum get to to quasi-finality within 1 block. We've updated the @gnosischain bridge - now bridging takes only seconds!
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Proud that we've rolled out FCR in Gnosis today.
Thanks to @koeppelmann @filoozom @SCBuergel for trusting me in leading and shipping the project from the beginning till the end. (1/2)
For ETH to offset staking issuance it needs to burn ~$1000 per block. With 200m gas limit -> 100m average gas consumed that would be $1 for 100k gas.
Today we made FCR a reality on the application layer!
Bridge from Ethereum to Gnosis Chain in seconds, not minutes! ⚡💪
What does it even mean to have $100m on Ethereum if it's just a couple of accounts holding it and you can't even swap $10k?
Open USD (OUSD) market cap has reached $721.7M across four chains
Tempo leads with $485.9M, ~67% of the total, followed by Ethereum at $100.6M, Solana at $69.5M & Base at $65.6M
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🔰 Safenet is coming!
Here is the onchain liquidity graph of Ethereum and @gnosischain. Under EEZ those two, and the graph of every other chain joining EEZ will just become one!
Only on @CoWSwap your average execution price is BETTER than what you got quoted!
Amazing engineering and it has a clear purpose: scaling Ethereum without fragmentation!
Arithmetic-friendly hashes have long been one of the weakest pieces of prover cryptography.
With ZisK v1.3.0, we removed Poseidon entirely and moved to BLAKE3.
What surprised us is that we got the same performance — or even better.
After many optimizations elsewhere in the prover, hashing had become one of the most time-consuming parts of proof generation. BLAKE3 is more than an order of magnitude faster, making this cost almost disappear and largely compensating for the increased complexity of the recursion circuit.
Getting there required a lot of re-engineering: circuit sizes, prover scheduling, and architecture all had to be reconsidered around the new trade-offs that BLAKE3 gives us. The final result surprised even us.
There is a lot of focus today on binary-field proving. Binary fields attack the hash-proving bottleneck from a different direction, but introduce different trade-offs when proving regular arithmetic. There is a huge amount of research happening here, and at ZisK we are following it very closely.
I'm genuinely curious to see whether binary-field architectures will outperform what we can achieve with the current approach — and how long it will take.
So I like to think of v1.3.0 as setting a new target. 🎯
To everyone working on binary fields — and to all of us trying to make provers faster: let's see if we can beat it :)
And we still have a few optimizations in the basket.
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You don’t fully grasp how much of your life is tracked until you’re sitting in a courtroom, watching federal prosecutors use your digital history against you, down to your most harmless Google searches. Your entire life becomes an open book, and even your most innocent actions can be twisted into something sinister.
They get to tell the most damning version of your story. To tell yours in your own words, you have to take the stand.
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Yes, you are heavily underestimating Ethereum's Glamsterdam upgrade.
The gas limit increase to 200M means that Ethereum could theoretically already handle Base's average activity over the last few months (~16.7 Mgas/s).
While we're not targeting that initially, there's lots of headroom for further increases in the months after Glamsterdam.
IMO, this will strengthen Ethereum's role as the main DeFi hub, especially since scaling doesn't stop here.
In combination with @etheconomiczone, it will also become the liquidity hub for L2s, bringing even more activity back to mainnet.
@DeriveXYZ and others are already preparing their products for Ethereum season.
Higher and faster.
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An EEZ L2 will probably pay 100x of that to Ethereum. Not because it’s more expensive to run an EEZ chain, but because you get so much more out of Ethereum. It is not just something you “anchor” to once in a while, but something you transact with constantly.
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Ethereum L2s are showing a clear gap in fees paid to Ethereum.
Over the last 7D, Robinhood Chain ranks #2# with $5.45K in fees paid to Ethereum.
Top L2s by Fees Paid to Ethereum Last 7D:
▫️@aztecnetwork - $11.92K
▫️@RobinhoodCrypto - $5.45K
▫️@base - $2.36K
▫️@Lighter_xyz - $2.12K
▫️@SX_Network - $893.4
▫️@world_chain_ - $805.1
▫️@grvt_io - $798.4
▫️@taikoxyz - $789.4
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We got an important step closer towards unified liquidity between L2s and Ethereum via @etheconomiczone.
Here is a @CoWSwap trade settled on L2 while using liquidity from L1. Bridging tokens out and receiving other tokens back all happens atomically!
Public testnet soon!
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