For the world to use the world computer, transactions must be encrypted until finalization - The world computer is an apt framing for crypto's value proposition. Exchanges, money markets, and other DeFi primitives exist as shared global state, accessible by people anywhere, who send transactions “from their keyboard to the mainframe” - If we have many users typing commands at their keyboard to send to the mainframe, then it would be super unfair to allow other users to see what people are typing before their commands get executed - The solution is to encrypt transactions until finalization. Like sending sealed vs unsealed envelopes, it reduces temptation by the mailman to open up your mail. This is the only way to definitively stop extraction by middlemen (wallets selling order flow to searchers, validators selling access to pending transactions, etc) It is kind of insane that we are all working on a system based on cryptography, but there is no trustless secure transmission method for landing transactions. Practical encrypted mempools are the key

I am bullish on NFTs. I believe they will be a big part of crypto adoption

. @definedfi is awesome and has been supporting the Monad ecosystem since day 1 defined.fi/tokens?tokens.net…