Fierce advocate for immutable, unstoppable decentralized tech. Vicious adversary of everything that pretends to be but isn't. Podcast: https://t.co/Odyq5BAHio
Apr 12, 2023 • 8 tweets • 1 min read
0/ Just published a blog post diving into the trade-offs of Ethereum Layer 2s (L2s). blec.report/the-real-probl…1/ L2s promise faster, cheaper transactions, but there's a catch: sacrificing decentralization & security. Let's explore the blockchain trilemma & its impact on L2s.
Apr 1, 2023 • 4 tweets • 2 min read
Vote is underway for @arbitrum to steal 750m $ARB from treasury for its “Foundation” to hand out “Special Grants”.
No votes on these grants.
No mention of security or oversight.
3 ppl control the Foundation.
This is a SLUSH FUND for Arbitrum VCs.
Total embarrassment.
There’s a good thread on this from delegate @blockworksres here.
The convergence of liberty, tech and finance is upon us.
They are no longer separate issues. They are all one issue.
We need to change the way we talk about this.
Feb 22, 2023 • 6 tweets • 2 min read
I made an important correction to my recently published $tBTC report. blec.report/tbtc
Previously, I had mistakenly said that 21 of the 40 node operators could collude to steal Bitcoin.
This ignored the fact that seats on Bitcoin wallets are randomly assigned to Threshold node operators based on the size of their T stake.
Feb 18, 2023 • 4 tweets • 2 min read
🤔 @sassal0x can’t understand why I wouldn’t want to trust him as 1 of a handful of Ethereum insiders with centralized control over @Rocket_Pool protocol.
Hello?
There’s a good thread on this from delegate @blockworksres here.
Hello? 