In it for the tech (unironically)
Pixlverse
Joined February 2021
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ethacct.eth retweeted
A complaint filed against the Ethereum Foundation provides insight into the reason for this year's wave of high-profile departures.
I wrote about what happened, what the Mandate says EF leadership should have done instead, and what should happen now.
reddit.com/r/ethereum/commen…
ethacct.eth retweeted
Every transaction since the merge already includes a cryptographic proof of eth burn
Uniswap has burned $4b worth of eth :)
No need to incentivize people to set their eth on fire with no benefit
Ethereum acts like it’s desperate for a value flywheel when it already has one
ethacct.eth retweeted
ethereum has been online ten years straight with zero pauses and zero maintenance windows.
in that time:
- facebook went down for 14 hours
- aws kinesis froze for 17
- cloudflare dropped 19 datacenters
- alt L1s…well, you know.
every centralised giant blinks, they rely on on-call humans and scheduled downtime.
but ethereum never stops, not through forks, crashes, bubbles, lawsuits, hacks, wars, and every kind of drama the internet can throw at it.
and it’s not thanks to a CEO or a hotline.
it’s not because someone saved it.
it’s because we all did.
devs, stakers, researchers, users,
millions of us, scattered across the world, choosing to show up, block after block, year after year.
while banks fail, clouds go dark and servers get patched, ethereum keeps going.
we keep going.
ten years online.
forever to go.
ethacct.eth retweeted
We are at a crossroads.
As a collective, we can abandon the dream of a blockchain-lead revolution in favor of siding with incumbents, existing as bricks in their world spanning pyramids -- or we can reject them and continue our ground-up revolution to displace them and usher in a more fair and based future.
I choose to believe in somETHing.
ethacct.eth retweeted
On August 15, 2010, Bitcoin broke.
A bug in Block 74638 created 184 billion BTC out of thin air. That’s not a typo. Two outputs of 92 billion BTC each slipped through because the code didn’t check for integer overflow. The system just accepted it. Bitcoin’s sacred 21 million cap? Completely ignored.
This wasn’t a theoretical flaw. It actually happened. And it proved something most people still don’t understand.
Bitcoin’s scarcity is not protected by code. It’s protected by people.
The only reason Bitcoin didn’t die that day is because someone noticed. A fix was pushed. A patched client was released. Nodes upgraded. Within five hours, the invalid block was erased from consensus. Bitcoin’s monetary policy was rescued, not by the protocol, but by the humans running it.
That’s the truth behind the “trustless” narrative. Code did not save Bitcoin. The community did.
Scarcity was never a guarantee. It was a fight. And it still is.
ethacct.eth retweeted
bro the ETH foundation is paying researchers and devs that are responsible for
(i) ethereum not bleeding 5M ETH/year to proof of work
(ii) your fees being low today
(iii) your txs getting included in < 30s instead of like 1-30 min (eip 1559)
show some respect
ethacct.eth retweeted
once again
Kyle and Su are leeches and scammers
if you enable them, you're part of the problem
todays snapshot ^-^
insider wallets for the court filing:
0xA077045d88798D67Ab97E4fA0309e1BCD63d58B8
0xDc7627cd3713e5A325cB2A1Eac817F2cC1Ccea6d
0x23aFA65Cb6644B00469D01207F0005C6831b3701
0x6e6D85a964953e4E814c4cDaC38C3047f2C659D7
0x71b4CC88412063dC7c9BCCA6c7e7075af028bfb1
0xFD04dD4CA850267f46DEd8945de5508F7Edc9D06
0xc1d49816eC60cB4f6b201d8486A00Ef4ABB74B40
0xE7Fb8b526C5e67f12E793F4c7FEC6dA2CB9F47B4
ethacct.eth retweeted
Something I'd love to see/build one day is a DAO crowdfunding the purchase of a profitable SMB. Even a rental would be cool!
1. DAO yolos up to 100% needed to buy property.
1.1 Delta between what's fundraised and asking price is financed via seller (no banks needed)
2. DAO elects rep to run rental property (or onboard property management company), payments accepted as USDC, splits frictionlessly between DAO treasury and seller for repayments (if applicable),
As @0xjoshua said, the pieces are all there, you'd just need to put it all together.
I wish I could just list my house as an NFT on @opensea — could just accept one of the Weth bids and be fucking done with this
but no
the entire real estate industrial complex has conspired to keep my house offchain
