the us became an economic giant by mastering financial tools.
being able to afford mortgages built the middle class and created economic zones, access to things like student loans helped build a highly educated workforce and of course: credit led to a ton of entrepreneurship.
for the us, structured financial products have acted as leverage on human potential and has helped it become a powerhouse.
but this access is not for everyone, billions elsewhere in the world are left out.
now low risk defi changes this!
it takes the same engines that have helped the us economy succeed and globalizes it: from savings to lending.
what the us economy did for millions, ethereum can now do for billions.
the endgame is when everyone everywhere can compound wealth and improve their life.
we’ve got work to do.
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adding cryptography to ai..some weekend thoughts 🧵
imagine an agent so intimately woven into your daily life that it’s almost a second brain. it checks your emails, invests your money, and even makes deals on your behalf.
but here’s the key question: how will you trust it?
leading researchers predict personal ai agents will become as common as smartphones in the next decade (see de lange et al)
these agents won’t just answer queries; they’ll evolve with you, learning from every email, transaction, or conversation you have.
BUT the risk today is that if they’re compromised or manipulated, then well...you're f*cked.
the privacy dilemma:
these ai agents will handle everything from financial transactions to sensitive health data. one breach could expose it all. so how do we solve this?
1. secure hardware enclaves (tees): run sensitive computations in isolated hardware zones, even if the OS is compromised, the data remains encrypted within the enclave. see the work of @sxysun1 @socrates1024 @ropirito @NousResearch @flashbots_x to see what this looks like for agents.
2. zero-knowledge proofs: prove an agent followed your instructions (e.g., made a correct calculation) without revealing the raw data.
the ethereum pectra upgrade is coming. it’s one of the most ambitious upgrades yet.
here is what you need to know 🧵
so, what is pectra?
pectra = prague + electra.
it’s ethereum’s glow-up.
let’s dive in.
first, the process:
teams tested over 100 devnets during an event in kenya (nyota interop). they tried everything. from there, they narrowed down 20+ ideas into 11 that are ready for prime time.
⚠️ You're about to hear the word 'Attestation' throughout ETH Denver; here's why it is important: 👇 🧵
To attest is to say something about something. E.G. "His name was Robert Paulson." We do this all the time in our daily lives; e.g when you sign into your email account, you attest that it is you.
Blockchains have attestations, too; when you sign a transaction, you use your private keys to attest that it is you. If someone goes to your txn history, they can see that you 'attested' to a contract.