we are positioned to make crypto MATTER for the world.
for anyone from the single mother trying to save for her kids tuition to the refugee who had to escape war, all the way to the high schooler that wants to start learning about finance.
HOW?
low risk defi on ethereum is essentially a universal savings account that can let anyone anywhere save the money they earn
let’s think about this way:
the crypto 1x (let anyone save money globally) is an amazing breakthrough considering that most people are currently making a ~0.8x due to inflation.
a traditional US savings account yields 0.4%
and that 0.4% is in the UNITED STATES, the most economically powerful country in the world, people in other countries have it far worse.
but now, for the first time EVER:
anyone, ANYWHERE can access stable yield.
most people don’t have access to US treasury yields,
but EVERYONE has access to low risk defi,
everyone has access to Ethereum.
and these stable yields on ethereum are consistently doing 4% at scale.
so what does this man?
it means compounding money, the holy grail of personal finance, is now available for everyone in the world.
this =
more people being able to send their kids to college, raising up their life opportunities, their standards and their ability to impact the world.
It’s beautiful, it’s real, and it’s happening.
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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.