Page: 1

X raises $20Bx.ai
X raises $20B
by thatalexpalmer.eth467 🥝 • 9mo
18 things Farcaster got right. 7 that it didn't.x.com
18 Things Farcaster Got Right. 7 That it Didn't.
by timdaub.eth12331 🥝 • 8mo
@VitalikButerin
@VitalikButerin

“Ethereum was not created to make finance efficient or apps convenient. It was created to set people free” This was an important - and controversial - line from the Trustless Manifesto ( https://trustlessness.eth.limo ), and it is worth revisiting it and better understanding what it means. “efficient” and “convenient” have the connotation of improving the average case, in situations where it’s already pretty good. Efficiency is about telling the world's best engineers to put their souls into reducing latency from 473 ms to 368ms, or increasing yields from 4.5% APY to 5.3% APY. Convenience is about people making one click instead of three, and reducing signup times from 1 min to 20 sec. These things can be good to do. But we must do them under the understanding that we will never be as good at this game as the Silicon Valley corporate players. And so the primary underlying game that Ethereum plays must be a different game. What is the game? Resilience. Resilience is the game where it’s not about 4.5% APY vs 5.3% APY - rather, it’s about minimizing the chance that you get -100% APY. Resilience is the game where if you become politically unpopular and get deplatformed, or if a the developers of your application go bankrupt or disappear, or if Cloudflare goes down, or if an internet cyberwar breaks out, your 2000ms latency continues to be 2000ms. Resilience is the game where anyone, anywhere in the world will be able to access the network and be a first-class participant. Resilience is sovereignty. Not sovereignty in the sense of lobbying to become a UN member state and shaking hands at Davos in two weeks, but sovereignty in the sense that people talk about "digital sovereignty" or "food sovereignty" - aggressively reducing your vulnerabilities to external dependencies that can be taken away from you on a whim. This is the sense in which the world computer can be sovereign, and in doing so make its users also sovereign. This baseline is what enables interdependence as equals, and not as vassals of corporate overlords thousands of kilometers away. This is the game that Ethereum is suited to win, and it delivers a type of value that, in our increasingly unstable world, a lot of people are going to need. The fundamental DNA of web2 consumer tech is not suited to resilience. The fundamental DNA of _finance_ often spends considerable effort on resilience, but it is a very partial form of resilience, good at solving for some types of risks but not others. Blockspace is abundant. Decentralized, permissionless and resilient blockspace is not. Ethereum must first and foremost be decentralized, permissionless and resilient block space - and then make that abundant.

x.com
Join, or Diewikipedia.org
Join, or Die
by timdaub.eth12331 🥝 • 7mo
cassie@cassie

Farcaster is forking! As a user, what does this mean? - Your account will continue to stay valid. Our side of the fork is going to make that indefinite. No more annual storage subscriptions, no casts lost to the ether, no limits on follows. - Long casts, more embeds by default, and lowest fee possible swaps in wallet. Get what Neynar's billing you with Farcaster Pro, for free. As a dev, what does this mean? - The protocol fork will produce two competing chains: one, with validators comprised of strictly neynar and uno (as neynar controls who can peer), the other, free to join by anyone - The different repositories will diverge in features over time, this will mean mini apps and integrations will start to misbehave for one side of the fork. Not right away, but over time. Why? Neynar has repeatedly abused their new power, and is lying to users by telling them they are upholding farcaster as a decentralized network. It is not. Validators are controlled by them. Who? Neynar bought farcaster's domains and infra from Merkle. If a protocol is truly decentralized, they don't get to have an inequal say. We're going to prove that. When? At the time of the upcoming network fork. Token? There's open suggestions and discussions in https://github.com/farcasterorg. Come join us!

farcaster.xyz
by mishaderidder.eth13036 🥝 • 8mo • farcaster.xyz
kazani@kazani

Epstein, Western Decline, & The Moral Collapse Of The Elites "What is at stake is no longer who “visited the island” or who “caught a ride on Epstein’s plane.” What is at stake is the fact that networks of this kind only exist when they are backed by deep institutional protection. There is no ritual pedophilia, no human trafficking on a transnational scale, no systematic production of extreme material without political, police, judicial, and media cover. This is not conspiracy: it is the logic of power. From this point on, the West can no longer hide behind the idea of gradual decline. It is not merely cultural degeneration or a loss of values. It is something darker: an elite that operates outside any recognizable moral limits and yet continues to govern. People directly or indirectly involved with this world continue to decide elections, wars, economic policies, and the fate of entire societies. If there is anything positive in this moment, it is the end of naivety. It is no longer possible to pretend that the system is “sick but recoverable.” What remained of the Western (anti-)civilizational project has been corroded from within. What comes next is still uncertain – and will be contested by all possible and necessary means. But one thing is clear: After Epstein, nothing can continue as before. Anyone who acts as if nothing has changed either does not understand the gravity of what has come to light or is pretending not to understand." Lucas Leiroz https://www.zerohedge.com/geopolitical/e…

farcaster.xyz
by @kazani401 🥝 • 8mo • farcaster.xyz
More