Shielded Bitcoin: Private Transfers on Bitcoin L1

Bitcoin is insurance against fiat. ZCash is insurance against Bitcoin.

Tachyon consolidates the entire Zerocash protocol into a single distributed key-value store with an append-only log of test-and-set operations using recursive SNARKs. Almost everything is stripped from a txn before it is recorded, and *all* that remains is pruned.

when i started building echo 2 years ago, i knew it had 95% chance of failing. to be honest, i couldnt really imagine any other outcome, but i thought at least it may be a noble failure worth attempting. i certainly didn't think echo would be sold to coinbase, but, here we are: today coinbase bought echo for ~$375m. echo will remain a standalone platform under its current brand for now, but we will integrate sonar's public sale product into coinbase, and likely introduce new ways for founders to access investors, and for investors to access opportunities into coinbase itself. over the years i have chatted to brian a handful of times, and mostly to complain at him honestly. i have always respected how brian would listen to an outsider chat shit at him on the phone and take the feedback seriously. now, instead of complaining, i will have the opportunity try to do the work to make things better. crypto itself has moved on a long way since we started working on echo. i guess partially this is because of the election result. but, i feel energised by a lot of the cool things being built in crypto again: hyperliquid, zcash, stablecoin supercyle, and so on. feels like a good time to be on the field instead of an idiot with a twitter account yapping nonsense. well, i guess i still will be that. anyway, job's not finished. onwards. oh fuck yeah, before i go, the final season of up only (now "unc only" due to our severe old age) will commence when we figure out who the guests should be lol cobber

Don’t become exit liquidity for coordinated token pumps.

Thank you @0xngmi and @DefiLlama for bringing this to our attention. We didn’t have a chance to review it at the time, but have since taken a closer look. Our recent trading activity was influenced by a generous airdrop event, designed to thank the community for their overwhelming support following our TGE. Unfortunately, this also attracted opportunistic API traders, especially towards the grand finale of the S2 airdrop. Taken holistically, and for instance just looking at by far the largest component of our volume in BTCUSDT, we are statistically indistinguishable from other Perp DEXs. Some level of correlation is reasonable as many traders use Binance for liquidity and hedging. We believe this is true to varying degrees for most of the smaller exchanges, and especially prominent in smaller pairs. Naturally, this was exacerbated in a narrow time frame due to S2 snapshot looming - and this particular moment in time, on a smaller pair, is what was flagged. Over a longer time horizon, these correlations do not appear. In a decentralized on-chain trading system, traders act according to their best interests. We do not interfere like centralized authorities do.

Countdown begins! Genesis Stage 2 ends at 23:59 UTC 5th Oct. Aster Dawn: Stage 3 launches right after, bringing smarter boosts and fairer rules. No breaks, just progress. Check the details for Genesis (Stage 2) airdrop and Aster Dawn (Stage 3) mechanism below.

Bitcoin is insurance against fiat. ZCash is insurance against Bitcoin.