In crypto, figuring things out. Subscribe to the Validator digest: https://xitter.cf/t.co/AF91AQnOgc. Building @ApybaraIO @staking_xyz. Ex-@stakefish.
Joined March 2019
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JK | Staking.xyz ✦ retweeted
Some dos/dont's:
1. don't enable inflation on block 1 or VP will get rekt
2. delegate as much of what you want to delegate through genesis instead of later or VP will get rekt
3. Give Investors vested allocation from genesis, don't send them tokens
4. Create a war room with Service providers
5. If Tendermint, set a launch time not just let everybody get online 1 by 1, every minute in the death zone (66%) is one too many
6. Clearly label versioning through the Standardized v0.0.0 format and name the upgrades/launches
7. Provide time for genesis creation, no need to rush now.
8. If airdrop, put it in genesis - no need to have people claim.
9. Be clear about the non-existence of non-native versions of the token
10. Support Ledger or Msigs for validators from day 1
11. Don't re-use ANYTHING from Testnet, new state, new keys, new everything!
12. People WILL bridge, even if you don't want to yet. Claim the paths and contracts you need
13. Spread binary publically before launch, verification and time to test is key
14. Pre-create Chain-registry, wallet registries and other commits into a personal repo, push with github actions when launching
15. Smile, its your special day 💜
JK | Staking.xyz ✦ retweeted
Good read from @jon_charb on L1 and L2 value capture by way of @proofofjk's Validator Digest.
TEV = Network Fees + MEV Tips + Issuance
REV = Network Fees + MEV Tips
Token Holders’ Net Income = REV – Operator Payments
JK | Staking.xyz ✦ retweeted
: : Restaking Stack: Categorizing the Restaking Ecosystem
Written by @IngsParty
🧵 Restaking uses staked assets to secure other blockchains, improving liquidity, scalability, and offering extra rewards.
Let's find out how far this ecosystem has come through the Restaking Stack.
JK | Staking.xyz ✦ retweeted
1/ We are excited to share that Commit-Boost is headed towards audit and production! As an open-source, public good, this could not have been possible without many teams across the Ethereum Community. Thank you for all your time and effort! See below 👇
JK | Staking.xyz ✦ retweeted
Starknet has always placed great importance on decentralization; as such we are proud to be the first to introduce staking on L2.
While Starknet’s transition to a fully decentralized PoS network will take some time, the first phase of staking has already begun and will be complete during this year:
✅ STRK staking contract (btw an audit contest is currently running around this contract: xitter.cf/CodeHawks/status/18356…)
✅ Community governance about the STRK staking parameters (below are the figures at launch, resulting from this vote)
⏳ Testnet of the first phase (Q4 2024)
⏳ Mainnet of the first phase (Q4 2024)
The time is now, Hawks 🦅
@Starknet’s competitive audit starts now!
Reinforce the security of their staking contracts, find vulnerabilities, and win a part of the $65,000 prize pool.
Contest End: 4 October
Code: Cairo
Note: Requires KYC
🔗 Join today: codehawks.cyfrin.io/c/2024-0…
JK | Staking.xyz ✦ retweeted
Eigen Labs is excited to announce that @Commit_Boost, an open-source public good that we have proudly supported since its inception, is moving towards audit and production on the Ethereum mainnet.
Commit-Boost is a new Ethereum validator sidecar focused on standardizing the last mile of communication between validators and proposer commitment protocols.
Blogpost: blog.eigenlayer.xyz/celebrat…
JK | Staking.xyz ✦ retweeted
Pondussy Aleo Liquid Staking Tokens are live in Puzzle Wallet!
>Go to explore page
>Stake on @staking_xyz
>Enjoy!
JK | Staking.xyz ✦ retweeted
Everclear, the first Clearing Layer, is now live on mainnet beta. ✨
By coordinating the global settlement of liquidity between chains, Everclear dramatically reduces rebalancing costs for solvers & other actors in the space to power scalable Chain Abstraction.
Learn more 👇
JK | Staking.xyz ✦ retweeted
Do you want to know EVERYTHING I know about bridges and cross-chain interoperability?
I just published the Cross-Chain Interoperability Report, generously funded by the @Optimism governance.
JK | Staking.xyz ✦ retweeted
🚀 Tokenyze at #Token2049: Revolutionizing Real World Asset (#RWA) Tokennization!
Meet our co-founder @jackchan_xyz to explore:
- Tokenization as a Service (TaaS)
- Bespoke solutions
Ready to #tokenize? Let's connect!
📧 info@tokenyze.co
🌐 tokenyze.co
ALT 🚀 Redefining Asset Tokenization at #TOKEN2049! Tokenyze brings cutting-edge Tokenization-as-a-Service (#TaaS) for real-world assets: ✅ Bespoke Solutions ✅ Agent Model Approach ✅ Comprehensive Lifecycle ✅ Seamless API Integration ✅ Multi-Chain Support Let's connect at Token2049 to unlock the power of #tokenization! #Blockchain #RWA
JK | Staking.xyz ✦ retweeted
My views on the Pectra split idea [18:29-35:14]
tldr:
1. it's the most sane idea
2. but it's not going to make the upgrade ship faster
3. from a narrative perspective, having a ux focused upgrade, headliner eof, smaller stuff like 7702, then the da focused upgrade, headliner peerdas, makes more sense
4. what goes into pectra 2 is a huge TBD and likely wont get finalized until after pectra 1 is live on mainnet
full take:
open.spotify.com/episode/4kr…
JK | Staking.xyz ✦ retweeted
eth devs are seriously considering splitting the pectra hard fork into two, they had discussed this idea before but it was shot down b/c of concerns that would delay the verkle fork, the idea was raised again on today's call as devs discussed adding in more eips to pectra
JK | Staking.xyz ✦ retweeted
🚀 Excited to finally announce Polaris.app – the Token Portal, a game-changer that will elevate @osmosis to the next level.
From any wallet, one-click trade all tokens across all chains.
JK | Staking.xyz ✦ retweeted
Frontiers of Decentralized AI: a list of 38 ideas for builders and investors in decentralized & distributed AI.
Read the whole article on our website — cyber.fund/content/de-ai or check out the thread below.
ALT https://cyber.fund/content/de-ai
38 use cases, investment opportunities, and startup ideas in Decentralized & Distributed AI
Find the full article at: cyber.fund/content/de-ai
Or read below for some highlights 👇
JK | Staking.xyz ✦ retweeted
Some predictions (20 year horizon: 2045)
----------
1) DeFi will be bigger than Wall Street.
2) The rest of crypto will be much bigger than DeFi, just as the US economy is much bigger than Wall Street.
3) Crypto will create a huge amount of value and capture a very small fraction of it.
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Without a native onchain economy, DeFi will look much more like "Singapore" operating on a exogenous economy, rather than like "Wall Street" which operates heavily on an endogenous US economy.
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Therefore even for DeFi to attain its full potential, it is important to create an onchain native economy: identity, metaverse, AI, social, sharing economy etc built onchain.
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It is our goal at @eigencloud to build the foundational primitives to build an onchain native economy on @ethereum.
JK | Staking.xyz ✦ retweeted
Following the previous opinion piece on @CoinDesk, @PierTwo_com's CFO Tom Whitton drops a blog post on CoinDesk Indices.
coindesk.com/coindesk-indice…
Understand CESR, measuring against benchmarks, optimising for performance and delivering great results for clients.
"The CESR benchmark offers a vital tool for operators to measure and enhance their performance within the Ethereum ecosystem. By leveraging CESR alongside operational metrics like @ratedw3b's RAVER, operators can achieve greater transparency, trust, and efficiency. As the Ethereum network continues to evolve, these benchmarks will play an increasingly vital role in guiding and evaluating validator success. CESR will continue to be used by market participants, validators and financial institutions worldwide when engaging in products that reference Ethereum as the first bedrock financial rate of return for the Internet."
JK | Staking.xyz ✦ retweeted
: : Exploring Solana’s Ecosystem Boom
Written by @JayLovesPotato & @Suyu0x
In this roundup, Four Pillars presents an insightful overview of the rapidly expanding Solana ecosystem by categorizing and mapping out over 250 of the most active @solana projects. 👇
