Arthur B. 🌮 Profile picture
Machine learning, functional programming, but mostly #tezos. Husband of @breitwoman.
Aug 5, 2022 • 9 tweets • 2 min read
1/ The fact that it's not enforceable hints at sometime important, it's not capturing something meaningful, it doesn't build the right economical ontology. 2/ the way a government reacts to this is usually by thinking it *is* enforceable but for those cheaters that they need to crack down upon, they pile on more rules until the law becomes: "a judge thinks you're trying to go against the spirit of what we're trying to do here".
Aug 3, 2022 • 5 tweets • 1 min read
1/ Security issues that can affect an L1, from least to most severe:

1. Block censorship
2. Consensus safety fault
3. Deflation bugs
4. Inflation bugs
5. Widespread private keys compromise

The problem with the last one is there is basically no mitigation. 2/ last one is also typically not related to bugs in the L1 node but in the clients (e.g. wallet). Forking, stopping the chain, or whatever doesn't help because the only way users are authenticated is via knowledge of their private key. Once it's out it's out.
Jun 26, 2022 • 4 tweets • 1 min read
0/ A couple words about tx-rollups which are about to activate in Jakarta 1/ First of all, it's unlikely there needs to be more than one such rollup created. Why you ask? Because such rollups would do exactly the same thing, and a reasonably modern computer can handle the maximum load that L1 can push on such a rollup anyway.
Jun 17, 2022 • 5 tweets • 4 min read
While porn-porn is banned on #dalle2, food-porn is not.

A few pastry creations.
May 10, 2022 • 8 tweets • 2 min read
1/ For the curious, you can make something Terra-like work. It's still a bad idea, but there are similar designs which aren't immediately broken. Though, again, they are a bad idea. 2/ The general idea of Terra is that Luna has some intrinsic, variable leverage which makes it easy to mint stablecoins. There are two issues with it though. One is liquidity, you can't offer an infinite amount of liquidity at whatever some CEC spot price is without being arbed.
Apr 2, 2022 • 16 tweets • 2 min read
Tezos for the outsider🧵 1/ Tezos is much bigger than you think. It's routinely the third most discussed chain on Twitter behind Bitcoin and Ethereum. It's second only to Ethereum in mentions of NFT.
Apr 1, 2022 • 30 tweets • 8 min read
Some more @midjourney creations. Captions are not the exact prompts (🧵) Purcell's cold song
Aug 1, 2019 • 6 tweets • 1 min read
1/6 Had the UASF activated, things could have gone two ways:

The world watches as...

1. some foolish miners waste previous electricity producing invalid Bitcoin blocks which are rejected.

2. some foolish people exchange bitcoins on a short-lived branch no one cares about. 2/6 since we never got to this showdown, the events that unfolded can give us only weak evidence, but it does seem plausible that the traction UASF received did increase Segwit's clout and the perception that a Schelling point would form around it.
Apr 17, 2019 • 10 tweets • 2 min read
There's an efficient frontier for the decentralization / efficiency trade-off. What does a network like EOS looks like when projected on that frontier? First, as distributed computing people will tell you, it's smart to have 6k+1 nodes. So let's pick 19 or 25 but not 21. (1/10) Let's got with 25. Second, run a classical BFT algorithm between your nodes. You only have 25 participants, no need to be fancy, go with PBFT. As an added bonus you now have finality. (2/10)
Mar 9, 2019 • 27 tweets • 5 min read
Thanks for organizing this event. I'm transcribing here the first part of this morning's presentation, dealing with governance since it's in a form suitable for a long tweet storm, so here goes ... In 2014, before the Tezos paper came out, almost no one was talking about governance of cryptocurrencies. Today, there isn’t a single project that doesn’t discuss its own plans for governance. I am proud that Tezos led the way here. But what is governance, and why do we need it?