1/ On Feb 19, Eth researcher Danny Ryan gave a talk at EthDenver.
At 13:30, he asks “So wen?”
“It’s actually, very close. I think he’s [difficulty bomb] going to be impeccably timed.”
By “impeccably timed”, we can infer that the merge will occur in time to disarm the bomb
2/ On Consensus Layer Call #83, Danny Ryan was asked why Kiln was pushed back 10 days
Danny says they were completing technical items & needed to engage w the community, but the 𝘲𝘶𝘦𝘴𝘵𝘪𝘰𝘯 is what’s telling
Implementors are counting days, not months, to meet the June goal
3/The merge readiness checklist is nearing completion. Out of the 80 total items needed to be completed, only 30 remain
While its not as simple as just comparing “checked” vs “unchecked” boxes to estimate completion, most difficult items are already done github.com/ethereum/pm/bl…
4/ On March 10, 2022, Marius Van Der Wijden announced the launch of the Kiln public merge testnet.
The Kiln testnet is expected to be the last test before switching to the Proof of Stake mining algorithm.
5/As specified in EIP-4345, the time between blocks will begin increasing in June 2022.
Devs will be pushing against the clock to determine if they should do a hard fork to move the difficulty bomb, or use the hard fork to implement the merge.
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It’s not often I come across content that leaves a lasting impact on me & drastically changes my perception of the crypto space, but when I do, I make sure to take note
Here’s a list of articles, videos, & podcasts that have had a profound impact on me during my time in crypto🧁
Bitcoin Whitepaper
First posted on the cryptography mailing list by Satoshi Nakamoto in 2008, the BTC whitepaper describes the under-workings of a purely peer-to-peer financial system built using cryptographic primitives bitcoin.org/bitcoin.pdf
In this essay, Piers details the ongoing societal shift towards digital life, & how crypto is paving way for a self sovereign financial system, an open creator economy, & a digital representation & ownership layer via NFTs naavik.co/business-break…
I’ve seen a lot of confusion recently regarding the Bakery NFTs.
For this reason, I have written an article detailing the inspiration behind the NFTs, our purposes for them, & our vision for the future.
First off, why?
.@CroissantEth and I have always been intrigued by the capabilities of NFTs.
It was incredible to watch the NFT boom unfold over the past year. Fortunes were both made and lost within a matter of minutes, a time reminiscent of DeFi summer.
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This thread in designed to break down the barriers of entry for every crypto participant, starting at Tier One, which are the most common topics, all the way down to Tier Five, which are some of the most complex topics in crypto.
TIER ONE: Topics that most beginners are familiar with
Blockchain - A digitally distributed, decentralized, public ledger that exists across a network.
Ledger - An immutable database that stores a series of blocks of transactions after being confirmed by the network
Bitcoin - The first iteration of digital currency created by Satoshi Nakamoto
Ethereum - A generalized platform aiming to go beyond just digital currency through the use of smart contracts and dApps.
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