↓↓↓ 🐼 ↓↓↓
2/n Unburnt fees (aka tips) on the execution layer (EL) begin going each block's proposer - completely liquid on the EL.
Over a typical week, this is ~14k ETH / $42mm via @EthWatchTheBurn
Feb 4, 2022 • 6 tweets • 1 min read
1: Researchers / Spec Writers: divines the future needs of the protocol
2. Client Maintainers: manifests the best fit frameworks to hold these needs in balance with each other
3, "Name this one" : guides both paths of divination and manifestation
Diviners
Framers
Guides
Dec 2, 2021 • 8 tweets • 2 min read
1/ People often claim "Ethereum/ crypto/ web3 is apolitical" 🧐
ok, the tech is neutral in that any side of the aisle can leverage it..
But we should accept that this infra is inherently political as a confrontation to legacy institutions ↓
2/ Is the internet apolitical? No! It boils with internal politics + energy that pushes back against legacy institutions.
Our infra will confront government functions, non-profits, companies, bureaucracies, systems of control, the intermediaries which inject trust into $.. ↓
Exchanges / wallets: you & your users lose ETH 💰 by not upgrading infra! Can you guess which in the image have upgraded?
↓🧵 threadoooor ↓ 2/ Even though London has been live since August 5, only ~55% of transactions are fully benefiting from its improvements.
Type 2 txs allow senders to specify their Priority Fee and get a refund of the Base Fee overpayment, whereas Type 0 sends any excess to the validator.
Dec 8, 2018 • 11 tweets • 4 min read
1/ I enjoyed the recent "The Smartest Contract" podcast with @ZacCreditMint + @itsjefftong on @aztecprotocol - here's a high level thread summary, for both myself and whomever comes across it. cheers
⇩⇩ (give it a listen if you have time!) ⇩⇩⇩
thesmartestcontract.com/272/ Before starting AP, @ZacCreditMint was working on @CreditMint with @trpocock - a project with its origins in the syndicated loan industry. Wanted to abstract industry inefficiencies away via an immutable public blockchain (including data relay + data obsolescence)
