they are an action supported by the trustless nature of settlement crypto enables
the important part isn’t that the money moves, it’s that it settles without middlemen, without clawbacks and without permission.
as chain payments scale, they become a trojan horse for trustware: programmable trust primitives that help the digital world inherit irrevocable fairness across all things from identity to money
we’re talking about identity that cannot be faked, commitments that cannot be retroactively denied and fairness that isn’t subject to boardroom whims or government office toggle switches that are susceptible to changing parties with changing incentives
this is trustware.
aka a substrate where digital interactions inherit finality, neutrality, and auditability by default!
but!
if this substrate is capture and built half-decentralized, half-corporate it mutates into a dystopia where surveillance is permanent and “programmable fairness” becomes programmable coercion.
to avoid that, the rails have to be credibly neutral, auditable, and decentralized from the start and we should hold everyone to those standards.
also!
note that people in power will also have neutral platforms be in their best interest such that their political opponents cannot capture them and use it against them!
neutral, uneditable trustware is the only way and the only way to get neutral trustware is to decentralize it.
lots of word vomit mainly wanted to get it out, I’ll focus on the last parts more because i think there’s something there
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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.