The Chopping Block @_choppingblock

"If Saylor was a good storyteller, I think it'd be quite different. But all he does is literally post complete AI slop." – @mert

Michael Saylor @saylor

2 months ago

You weren’t meant to live an uncomfortable life. $STRC

1K 815 8K 3.6M 762

.@Mert on the cypherpunk paradox: "If you have the means to stop crime, you have to stop it. That is actually the law as well" "The solution would be to structure the system in such a way that you don't have that influence" "Arbitrum – the emergency council, 9 of 12 had to intervene because they have that means. Tornado Cash is immutable. They didn't stop because they couldn't, and the government is still going after them" "The cypherpunk thing is that you shouldn't have that control to begin with. But if you do have it and you don't stop it, then you've kind of just virtue signaled superficially. You put up this facade while not actually taking any of the steps to do the cypherpunk thing" "If you have the means to stop it and you don't stop it because you're saying you're a cypherpunk – well first of all, you're not a cypherpunk because you didn't structure it in an immutable decentralized way to begin with. But if you do have it, then you have to stop it"

.@ilblackdragon says "code is law until the code is wrong – and then we actually want real law" "All April everybody was in the war room figuring out who got hacked on what chain" "NEAR is now running AI anomaly detection on cross-chain deposits in real time." "Not scraping Twitter. On-chain data first."

backrooms but crypto 2021

Finally got a chance to listen to this. 1. @ethereumJoseph you should do more of these types of shows. Meaning: crypto native, wide variety of topics, lots of off-the-cuff talking. Your knowledge and experience shines and there’s a ton of people in this space that certainly learn from your perspective on Ethereum and orgs and the core of the issues and the ideal state of the world. Please tell the PR team that Tay say so, thank you. 😁

@Vertigris7 he should just go live on pump .fun

next chopping block guest?

Hunter Biden @HunterBiden

5 days ago

@gmoneyNFT Hyperliquid

1K 1K 8K 1.9M 516

The Rollup is just a Chopping Block wrapper

The Rollup @therollupco

5 days ago

🚨LIVE: BTC In Trouble?! ZCash Bug From CLAUDE?! EMERGENCY SHOW with Mert, Josh & Haseeb x.com/i/broadcasts/1…

20 16 78 56K 19

it’s officially a broke boy summer

Not feeling like yourself lately? You may be experiencing symptoms of Crypto-Induced Cognitive Collapse. A treatment option could be available for you.

Best account on CT

The Chopping Block @_choppingblock

6 days ago

Not feeling like yourself lately? You may be experiencing symptoms of Crypto-Induced Cognitive Collapse. A treatment option could be available for you.

1 3 26 3K 5

Amidst the market meltdown, we brought @ethereumJoseph on to defend ETH. We talked Saylor's folly, death spirals, quantum threats, AI exploits, and Hyperliquid eating the world. Here's his take on why it's not over for Ethereum yet ⤵️

The Chopping Block @_choppingblock

6 days ago

.@ethereumJoseph told us not to call it the Second Foundation but also told us SharpLink, BitMine, and ConsenSys are becoming Ethereum's "decentralized commercialization engines" sooooo Timestamps 00:00 Intro 01:06 Saylor Sells BTC & Market Panic 05:07 STRC Death Spiral & DAT

22 33 213 96K 138

“We’ve seen EF people “resign”, [I say that] because they’re going somewhere… We’re gunna see the EF focus on CROPS. We’re gunna see another body of the elite core developers focus more on platform, scalability, usability, and maybe even number go up with respect to ETH… Let’s not call it the Second Foundation…. But there will be another group of very important engineers and researchers who set up their own thing with positive language from the EF, and maybe even some financial support. There may even be some financial support from organisations that have long-term permanent capital... [Sharplink] has been talking to our friends at Bitmine about how we get together to be the decentralised commercialisation engines. Consensys is a big part of this as well.” — @ethereumJoseph on the latest @_choppingblock.

The Chopping Block @_choppingblock

6 days ago

.@ethereumJoseph told us not to call it the Second Foundation but also told us SharpLink, BitMine, and ConsenSys are becoming Ethereum's "decentralized commercialization engines" sooooo Timestamps 00:00 Intro 01:06 Saylor Sells BTC & Market Panic 05:07 STRC Death Spiral & DAT

22 33 213 96K 138

.@ethereumJoseph just called hackers "consultants" "The crackers look at every little angle for how they can get to that money. They essentially perform a consulting service where they show the builders where the vulnerabilities are" "They take their consulting fee, assuming they don't get caught, in which case they have to maybe give back their consulting fee" "This works well if the consulting fee is 10%, right? But if we're talking about a Ronin Hack situation, the consulting fee is everything" "That's the consulting fee for the entire industry"

"Don't you want tokens without a preferred structure? If I have 10 layers of preferreds on top of a common stock that I'm dumping constantly, why even have that as a vehicle to hold tokens?" "It does feel a little like algorithmic stablecoin with too many steps" "It's an unstable equilibrium. I don't know how you keep that horse" "That's not a zero probability event. And it's an event whose probability seems higher the lower the common stock goes"

.@ethereumJoseph says we're entering a golden age for software "In the Ethereum ecosystem, we're already building pipelines where we can formally verify specifications and formally verify implementations of those specifications." "I think there's a decent chance we go in the direction of a golden age for software, where the builders get access to formal verification and software that will help them think through everything." "Our consensus diligence team -- they've built their own AI, essentially, and they've got all these agents that swarm on protocols. Because our ecosystem is composable, you really have to look in the cracks between protocols."

"The key innovation for Hyperliquid that no one has copied is distribution. Between getting MetaMask or Phantom distributing your product, between people distributing assets in the HIP 3 and HIP 4 world -- no one in crypto has ever pulled off that type of distribution play." "HyperVM has failed in a lot of ways -- no one wanted the full programmable thing." "It's very clear that where they are strongest is where they lean into just pure markets. The generalized platform part of Hyperliquid is not what's worked. What's worked is the market-specific platform." "It's like the bucket shopization of an exchange. I've partitioned it into small components -- distributors getting order flow, market creators, spot. It's unbundled an exchange and sold off some portion of it, but that let you grow faster."

.@ethereumJoseph told us not to call it the Second Foundation but also told us SharpLink, BitMine, and ConsenSys are becoming Ethereum's "decentralized commercialization engines" sooooo Timestamps 00:00 Intro 01:06 Saylor Sells BTC & Market Panic 05:07 STRC Death Spiral & DAT Risks 07:07 Ethereum Foundation Exodus & CROPS 13:04 The "Not Second Foundation" Debate 17:58 Quantum Q-Day: 50% by 2032 23:47 Is All of DeFi Unsafe? 31:11 ZK Composability & Bridge-Free Architecture 34:19 Security Deployment Lag & AI Arms Race 40:18 Anti-Fragility & Formal Verification 47:36 Zama USDC Freeze & Privacy vs Courts 50:33 CFTC Perps Approval & Hyperliquid at $75 55:53 Hyperliquid's Distribution Flywheel 01:00:46 Joe Lubin's Ethereum Bull Case 🔥Stay updated with all the latest hot takes by following and subscribing to @_ChoppingBlock and @unchained_pod! 🎥 YouTube: youtu.be/hf_6Ge1m-OU 🎧 Spotify: bit.ly/3wiIOyy 🍎 Apple: bit.ly/3w9HQ7J 🎙 Podcast Home: choppingblock.xyz