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Sergey Gorbunov Profile picture
Sergey Gorbunov
@sergey_nog
building @axelarcore. crypto(graphy), algorithms, dist systems. prof @uwaterloo, @MIT PhD. pr: @algorand, @IBM. (RTs and likes are not investment advice)
May 9 • 17 tweets • 6 min read
The Senate just killed the most important crypto bill in US history.

After months of bipartisan work, the GENIUS Act had real momentum.

Until Elizabeth Warren rallied Democrats in a last-minute revolt to block it.

Here's how politics is costing the US its financial future: Image The GENIUS Act was our first real attempt at comprehensive crypto regulation.

It would have created a framework specifically for Stablecoins - cryptocurrencies that are pegged to the US dollar to maintain a stable value.

This wasn't just another bill.
Apr 25 • 14 tweets • 5 min read
Paul Atkins is in. Gensler is out.

Trump’s new SEC chairman was sworn in with a clear mission:

End regulation by enforcement and reshape US capital markets.

Here are 3 bold moves he’s planning (and what’s motivating them): 🧵 Image Atkins isn't new to financial regulation.

He served as SEC Commissioner from 2002 to 2008 under Bush.

Since then, he's built Patomak Global Partners, developing best practices for the digital asset sector.

Now he's back with a mandate to unleash American innovation...
Feb 19 • 11 tweets • 5 min read
Traditional real estate is dying.

Over 60%+ of Americans are priced out and call it "unrealistic."

But Pres. Trump just signed an executive order to change that.

And it's allowing ANYONE to own a $100 Million property for $100... Image
Image On January 23rd, 2025, Trump signed an executive order focused on digital assets.

The order focuses on supporting the growth of the crypto industry and blockchain technology.

And it couldn't come at a better time because...
Oct 27, 2021 • 8 tweets • 1 min read
Prediction: Users and developers will care even more about decentralized systems, but not for the reasons you think. Here’s the gist: Blockchains are inherently open systems. Anyone can deploy an app, become a user, or build on other people’s work.
Oct 12, 2021 • 23 tweets • 4 min read
Almost "everything" you need to know about fully homomorphic encryption and how it can solve (at least some) of our data privacy problems. The problem was first introduced by Rivest, Adleman, and Dertouzos all the way back in 1978. luca-giuzzi.unibs.it/corsi/Support/…
Oct 6, 2021 • 10 tweets • 2 min read
Have you ever wondered why Threshold ECDSA is painful, Threshold Schnorr is straightforward, and Threshold BLS is trivial? Here's an informal explanation: Everything comes down to the complexity of the signing equation for each scheme.

All secrets in all schemes are typically distributed across users using Shamir's secret sharing techniques. en.wikipedia.org/wiki/Shamir%27…