Just tuned into the Twitter Space and loved the thoughts shared, especially on the importance of education and how we, as a community, can contribute to making "Ethereum as the Liquidity Layer." Huge thanks to @davwals @_ashmorgan_ & @binji_x for the wonderful session 👏

100 days til Devconnect ARG! 🤯 🌎 @EFDevcon The countdown is on and Guanaco leads the way 🦙 Are you ready, anon? The Ethereum World's Fair is almost here 💜

'Tending the Infinite Garden: Organizational Culture in the Ethereum Ecosystem,' has been accepted for the Journal of Cultural Economy. Co-authored by myself and @annbrody7 based on interviews with @dannyryan @VitalikButerin @TimBeiko @trent_vanepps @ralexstokes @benjaminion_xyz and @poojaranjan19 !

Built on Ethereum. Built for Ethereum.

Amazing to see so many major L2s now at stage 1. The next goal we should shoot for is, in my view, fast (<1h) withdrawal times, enabled by validity (aka ZK) proof systems. I consider this even more important than stage 2. Fast withdrawal times are important because waiting a week to withdraw is simply far too long for people, and even for intent-based bridging (eg. ERC-7683), the cost of capital becomes too high if the liquidity provider has to wait a week. This creates large incentives to instead use solutions with unacceptable trust assumptions (eg. multisigs/MPC) that undermine the whole point of having L2s instead of fully independent L1s. If we can reduce native withdrawal times to under 1h short term, and 12s medium term, then we can further cement the Ethereum L1 as the default place to issue assets, and the economic center of the Ethereum ecosystem. To do this, we need to move away from optimistic proof systems, which inherently require waiting multiple days to withdraw. Historically, ZK proof tech has been immature and expensive, which made optimistic proofs the smart and safe choice. But recently, this is changing rapidly. is an excellent place to track the progress of ZK-EVM proofs, which have been improving rapidly. Formal verification on ZK proofs is also advancing. Earlier this year, I proposed a 2-of-3 ZK + OP + TEE proof system strategy that threads the needle between security, speed and maturity: * 2 of 3 systems (ZK, OP) are trustless, so no single actor (incl TEE manufacturer or side channel attacker) can break the proof system by violating a trust assumption * 2 of 3 systems (ZK, TEE) are instant, so you get fast withdrawals in the normal case * 2 of 3 systems (TEE, OP) have been in production in various contexts for years This is one approach; perhaps people will opt to instead do ZK + ZK + OP tiebreak, or ZK + ZK + security council tiebreak. I have no strong opinions here, I care about the underlying goal, which is to be fast (in the normal case) and secure. With such proof systems, the only remaining bottleneck to fast settlement becomes the gas cost of submitting proofs onchain. This is why short term I say once per hour: if you try to submit a 500k+ gas ZK proof (or a 5m gas STARK) much more often, it adds a high additional cost. In the longer term, we can solve this with aggregation: N proofs from N rollups (plus txs from privacy-protocol users) can be replaced by a single proof that proves the validity of the N proofs. This becomes economical to submit once per slot, enabling the endgame: near-instant native cross-L2 asset movement through the L1. Let's work together to make this happen.

EIP4361 Sign in w/ Ethereum is now finally... FINALIZED! I was alerted last yr that while it was written yrs ago, it unfortunately was abandoned part way thru the process. so we @ethidkit & @efp took it up & got it across the finish line we're taking up SIWE now💪, more soon 👀

Ethereum is for shipping. Here are 24 things the ecosystem launched, shipped, and scaled over the past few weeks. 0/ @RobinhoodApp is now onchain with @arbitrum, bringing Robinhood’s 25M+ retail users closer to Ethereum-powered finance. 1/ @base launched Base Pay and the @baseapp, making it easier than ever for millions to join the onchain economy built on Ethereum. The app integrates with @farcaster_xyz and @zora, bringing together identity, payments, creativity and more in one onchain experience. 2/ Stablecoin supply on Ethereum, including L2s, surpassed $140B, nearly double what it was in January 2024. 3/ Ethereum turned 10 years old on July 30th at block number 23,032,825. The ecosystem hosted 140+ events across 6 continents to celebrate and @ethereumfndn hosted a livestream to welcome in the next decade. 4/ @rstormsf's trial began on July 14 and is ongoing. Privacy is normal, and writing code is not a crime. 5/ @Consensys published “The Industrialization of Trust”, a report framing Ethereum as the foundational infrastructure for global-scale applications that require programmable, verifiable trust, what they call “Trustware.” 6/ @ElectricCapital's report "Beyond Stablecoins: The Case for Ethereum" is aimed at institutional decision makers and advocates for ETH as a globally significant asset. Ethereum is for ETH. 7/ @focustree_app, a Web3 productivity app built on @Starknet, now serves 500K+ daily users. A sign of what’s possible when Ethereum scalability meets real-world utility. Ethereum is for apps. 8/ @boundless_xyz launched its Mainnet Beta, bringing a permissionless ZK execution layer to Ethereum and kickstarting “The Signal,” a new path toward cross-chain interoperability. 9/ Google Cloud is integrating @SelfProtocol's proof-of-humanity zero-knowledge proofs (ZKPs), enabling privacy-preserving identity for AI and Web3. Another step toward a more human internet, built on open, verifiable infrastructure. 10/ @Fidelity published a report framing blockchains like Ethereum as emerging-market digital economies. Ethereum is for everyone. 11/ @talos_is, an AI agent designed to autonomously manage treasury decisions, launched on @arbitrum. AI agents are continuing to interact with onchain governance and capital. Ethereum is for AI. 12/ @0xprivacypools hit an all-time high of 300 ETH in the pools. Ethereum is for privacy. 13/ @TheEtherMachine launched with $1.5B committed to owning and managing ETH. 14/ @BitDigital_BTBT announced it has swapped its entire treasury into ETH, becoming a top public holder. 15/ @BitMNR became the largest public ETH holder, now holding 833,137 ETH. 16/ @eToro announced plans to tokenize U.S. stocks on Ethereum, bringing real-world assets onchain and expanding access to traditional markets through smart contracts. 17/ @eigenlayer's Redistribution is now live, slashed funds can now be reused instead of burned. This unlocks more flexible, resilient incentives for apps built on Ethereum’s shared security. 18/ @PayPal now lets merchants accept crypto payments, including ETH, with instant conversion to PYUSD. They also recently enabled crypto for international payments. Ethereum is for adoption. 19/ ‘Built on Ethereum’ a documentary about everything built in the first 10 years of Ethereum was released. The film was created by @MetaMediaDAO, supported through @juiceboxETH & @PublicNouns. Ethereum is for builders. 20/ @MorphoLabs hit $2B on @base, the largest DeFi deployment on any Ethereum L2. Demand is increasing for scalable, yield-bearing apps onchain. 21/ @NeriteOrg launched Nerite protocol to bring streaming payments and yield earning with $USND to @arbitrum. Finance is becoming more flexible, accessible, and programmable on Ethereum. 22/ @ethereum_NYC announced an event week alongside @ETHGlobal New York, with core events on staking, privacy, and Ethereum research funding. 23/ $726.6M flowed into ETH ETFs on July 16, marking the highest single-day inflow of all time.

did you know that the enterprise team at the @ethereumfndn has done 120 calls this month alone, with banks, F500s, and even governments. @davwals @_ashmorgan_ @ismiMatthew & @motypes are leading the charge, follow them!

the full list of speakers at ethereum NYC not one of them is an app-builder

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