Daniel Do retweeted
Who is coming to @thenestlisbon to hang with us today?
Tomorrow in Lisbon: the HackMeridian kickoff.
We’ll open with HackMeridian 101 + Meridian, then two hands-on sessions:
🔹 NEAR Intents on Stellar with @surgecodes: bring assets from 20+ chains in as XLM or USDC
🔹 Raven MCP by @stellarOrg: give your AI coding assistant Stellar’s dev resources
Come with an idea. Leave ready to build.
📍 The Nest by NEAR, @thenestlisbon
Daniel Do retweeted
Making the attnmarkets pivot official.
The last months were spent building new products with in-demand blocks - in the likes of @Collector_Crypt TCG packs, as well as @xStocksFi & @Tessera_PE assets, but distributed in innovative ways, keeping high product & UX standards
We're actively recruiting founders to launch under the @attndotmarkets ecosystem - our first launch is a very senior defi team that built RWA protocols cumulating $100m in TVL & $2b in trading volume
We'll need a constant trading flow and the only way I see rn is bootstrapping with plsbro meta. The system will act in a predictable way so that you can take trading decisions without second thoughts on our alignment
Thank you for your attn.
Replying to @attndotmarkets
@attndotmarkets pivots to a launchpad:
a. Our own games & mechanisms (think TokenWorks), bootstrapped with their own tokens
b. Revealing our first incubation this week: stealth RWA team behind a past $100m TVL protocol
c. Growth hacking through discovery "plsbro" launches
Daniel Do retweeted
this is a @Keycard_ and shell 🥰
please visit them and buy from them to support open source and transparent (literally) hardware.
Hey @Ledger here’s the secret : traceability and transparency.
If hardware wallets are supposed to protect us from compromised hardware, maybe we should be able to actually see the… hardware.
A fully transparent wallet where the PCB, Secure Element, battery, display connections and every critical component are visible by design.
Then make the device itself verifiable with cryptographic attestation, a unique hardware identity, tamper-evident construction and a physical history that makes any opening or modification immediately detectable.
The goal isn’t to make hardware transparent for aesthetics.
It’s to make tampering harder to hide.
If someone modifies it, there should be physical and cryptographic evidence.
A hardware wallet shouldn’t need to be a black box to protect secrets and maybe the safest box is the one with nothing to hide.
Replying to @XRPLF
Cheaply paying the whitehat $250K for a critical infinite XRP supply bug when your treasury has billions?
Thanks for helping ensure the next time an attacker exploits it for 9 figures instead of reporting it in good faith.
This is why people do not take XRPL or Ripple seriously as an org….
Daniel Do retweeted
Dusting off this tweet from April because this gap in shared understanding of LLM capability is *widening*. It's now less "two groups of people speaking past each other" and more a sharp funnel.
- Napkin math somewhere around 6B people (~75% of the population) have barely come in contact with LLMs at all.
- Around 1-2B (~20%) are casual and infrequent users of free-tier ChatGPT-like products. This group sees derpy chatbots and treats them a bit like a better Google search, a writing aid, or etc. Maybe an agent tries to book you a flight. I have non-tech friends who (reasonably, imo) say they have not much use for it at all. Even many professionals outside of math&code are in this tier. For example, execs and many other functions spend a lot of their time talking to other people, so while they understand what is happening intellectually, it is still second-hand and a bit abstract.
- Now we get to professional use of frontier-grade LLMs in math&code. Somewhere around 20M people (0.2%) see first-hand that large, complex projects that used to take them weeks/months can now be completed by agents with a prompt. Building apps, copying apps, translating apps, decompiling apps from binaries... This has all happened very quickly and recently - less than 1 year ago, I was writing code manually by hand, typing memorized computer code commands into a code editor character by character, occasionally pressing Tab to autocomplete a little chunk of code.
- And finally we get to the ~5,000 people (~0.00006%) with access to frontier-grade systems internally. The external world has seen the preview. It looks like swarms of thousands of agents collaborating over weeks on software mega projects: minting zero days, running cyber attacks and defenses at machine speeds, discovering new science, advancing the frontier of mathematics. Things that would have taken top professionals in the industry years of work. Meanwhile, human review and comprehension are starting to fall behind. For example, people are still involved in the "archeology" of the OpenAI-HF incident from many months ago. Mathematicians may be poring over the 722 manuscripts on frontier mathematics for a while.
The funnel is driven by a combination of factors:
1. The impact scales with ambition, problem size, and horizon. A question with a paragraph answer barely stresses the system. You need a reservoir of big, difficult problems that you really care about. This aspect drives the consumer / professional dimension of the funnel.
2. The jaggedness of the system (which I have written about a lot separately). Capability peaks in domains that are digital, verifiable and economically valuable. This is because LLM capability emerges from reinforcement learning on verifiable rewards on a curated environment mixture driven by revenue potential. This aspect primarily drives the area (e.g. math&code) dimension of the funnel.
3. Access. Free-tier, paid-tier, internal.
So this is the weirdness of the moment. The general public has mostly not interacted with these systems. When they have, it looks like a derpy chatbot. The majority of professionals still see only a modest uplift. And a small sliver of professionals are experiencing the vertigo of the curve going vertical. And it is all happening at the same time.
Judging by my tl there is a growing gap in understanding of AI capability.
The first issue I think is around recency and tier of use. I think a lot of people tried the free tier of ChatGPT somewhere last year and allowed it to inform their views on AI a little too much. This is a group of reactions laughing at various quirks of the models, hallucinations, etc. Yes I also saw the viral videos of OpenAI's Advanced Voice mode fumbling simple queries like "should I drive or walk to the carwash". The thing is that these free and old/deprecated models don't reflect the capability in the latest round of state of the art agentic models of this year, especially OpenAI Codex and Claude Code.
But that brings me to the second issue. Even if people paid $200/month to use the state of the art models, a lot of the capabilities are relatively "peaky" in highly technical areas. Typical queries around search, writing, advice, etc. are *not* the domain that has made the most noticeable and dramatic strides in capability. Partly, this is due to the technical details of reinforcement learning and its use of verifiable rewards. But partly, it's also because these use cases are not sufficiently prioritized by the companies in their hillclimbing because they don't lead to as much $$$ value. The goldmines are elsewhere, and the focus comes along.
So that brings me to the second group of people, who *both* 1) pay for and use the state of the art frontier agentic models (OpenAI Codex / Claude Code) and 2) do so professionally in technical domains like programming, math and research. This group of people is subject to the highest amount of "AI Psychosis" because the recent improvements in these domains as of this year have been nothing short of staggering. When you hand a computer terminal to one of these models, you can now watch them melt programming problems that you'd normally expect to take days/weeks of work. It's this second group of people that assigns a much greater gravity to the capabilities, their slope, and various cyber-related repercussions.
TLDR the people in these two groups are speaking past each other. It really is simultaneously the case that OpenAI's free and I think slightly orphaned (?) "Advanced Voice Mode" will fumble the dumbest questions in your Instagram's reels and *at the same time*, OpenAI's highest-tier and paid Codex model will go off for 1 hour to coherently restructure an entire code base, or find and exploit vulnerabilities in computer systems. This part really works and has made dramatic strides because 2 properties: 1) these domains offer explicit reward functions that are verifiable meaning they are easily amenable to reinforcement learning training (e.g. unit tests passed yes or no, in contrast to writing, which is much harder to explicitly judge), but also 2) they are a lot more valuable in b2b settings, meaning that the biggest fraction of the team is focused on improving them. So here we are.
so let me get this straight…
people are opening 1000x long/short positions and losing it all on purpose to get $PAPER so they will be able to stake asap to share the $15m and growing pot of staking rewards as more people lose even more money to fund those staking rewards?
hello??? which part of the cycle is this?
Daniel Do retweeted
I am currently living off a EUR loan; I borrow EURC at 0.22% from Aave v4 on the Arc chain: pro.aave.com/explore/reserve…
That rate is lower than inflation. I am shorting the Euro, which keeps falling (and will continue to fall) against BTC.
I live (and earn—or rather, save) in line with my ideology: "never trust the state or state-issued money."
It has been working for me in the long run.
Naturally, I bypass MiCA regulations, as the entire process is anonymous and requires no KYC.
EU bureaucrats don't like this and want to regulate DeFi!
Of course, no one knows the exact details, since it involves DeFi.
My Claude agent analyzed the smart contracts on the Arc/Ethereum blockchain and the mechanism for minting new tokens, then wrote a DeFi bridge for me from scratch that runs locally on my computer. I have no idea what European bureaucrats will do about that.
In any case, I would argue that the EU is becoming the world's largest financial totalitarian regime.
It is doing everything in its power to prevent you from easily escaping (including pressuring non-EU banks not to open accounts for you).
cryptoslate.com/eu-faces-sep…
xitter.cf/StaniKulechov/status/2…
Disappointed by the European Central Bank’s (ECB) and European Banking Authority’s (EBA) responses to the MiCA consultation.
They are not only advocating for a prohibition on paying yield on stablecoins, but also for restrictions on CASPs providing access to DeFi, including protocols offering yield on non-MiCA-authorized stablecoins, without providing a clear framework for how access to DeFi should work in practice.
They also suggest that CASPs offering access to DeFi should restrict it to certain groups of users through so-called “suitability tests,” alongside a potential certification regime for DeFi lending protocols.
It is unclear how these requirements would work in practice. If regulators determine which protocols are deemed suitable for European users, the result risks looking very different from the open DeFi that exists today.
Instead, we could end up with more walled gardens that undermine the liquidity and network effects of open financial networks, ultimately limiting Europeans’ ability to access new ways to grow and preserve wealth.
These proposals are presented as measures to “protect consumers.” But excessive restrictions can instead create more friction for innovation and slow the development of open, transparent, and auditable financial infrastructure that can benefit consumers.
The reality is that onchain finance, including stablecoins, DeFi, and tokenized securities, has the potential to reshape financial infrastructure by reducing friction, increasing transparency, and expanding access to financial opportunities.
European consumers and businesses stand to benefit significantly from this transformation, particularly if the companies building this infrastructure can continue to build and compete from within Europe.
Meanwhile, U.S. regulators, including the SEC and CFTC, have increasingly taken a more pragmatic approach toward enabling onchain financial innovation.
European regulators should put users and their interests at the center of the framework. Banks and other incumbents should be able to adapt their businesses to serve users in an increasingly onchain economy, rather than relying on artificial restrictions that risk increasing costs and reducing access for Europeans as the rest of the world moves onchain.
DeFi will win.
Daniel Do retweeted
Update Telegram Desktop immediately!
A critical vulnerability has been discovered that allows attackers to gain access to your account and secretly steal files from your computer.
The attack uses links in the format tg://. If a special command is constructed, clicking the link can cause a malicious script to send a selected file to the attacker’s channel - without requiring additional confirmation.
Daniel Do retweeted
Replying to @attndotmarkets
@attndotmarkets is now part of Claude Startups.
-> We'll join the Anthropic Applied AI Office Hours session this Friday to discuss product & blockers
Direct additional Anthropic benefits include:
+ 1y of Claude Team for 2 seats
+ $1,000 in Claude API credits
Onwards.
Daniel Do retweeted
You should be able to use smarter models in your agent.
You should be able to use cheaper models in your agent.
You should be able to use local models in your agent.
You should be able to use a different model for every job.
You should be able to switch models in the middle of a conversation.
You should be able to choose what data your agent has.
You should be able to choose what it remembers and what it forgets.
You should be able to choose what computer your agent runs on.
You should be able to run it on a machine that never touches the internet.
You should be able to run it while your laptop is closed.
You should be able to reach it from the apps you already use.
You should be able to choose how your agent thinks.
You should be able to read the prompt it runs on.
You should be able to see every tool it has, and turn off the ones you don't want.
You should be able to teach it something once and never explain it again.
You should be able to know what it did, and when, and why.
You should be able to export your agent.
You should be able to read the code.
You should be able to change the code.
Your agent should be yours.
Daniel Do retweeted
On January 1, 1983, ARPANET switched to TCP/IP, and separate networks became one internet. Everything before that is now prehistory.
This is Ethereum's 1983. We knew atomic composability would work in theory. On mainnet, it still feels like magic. ✨
Atomic synchronous composability is no longer a promise. History made on mainnet: the first atomic cross-chain L1->L2 transaction ever 🔥 And this is only the beginning for EEZ ... 🚀 @etheconomiczone
Daniel Do retweeted
🔥🔥🔥 The first atomic cross-chain L1->L2 transaction ever! 🔥🔥🔥
Atomic synchronous composability is no longer a promise. History made on mainnet: the first atomic cross-chain L1->L2 transaction ever 🔥 And this is only the beginning for EEZ ... 🚀 @etheconomiczone


































