Wrote an article on Tech Calvinism at @cosmos_inst. Argument: The future of AI is undetermined. We can guide this technology to enhance humanity, not replace it. But to do that, we have to start building. See the reply for the link.

Regular reminder: A key property of blockchains is that even under a 51% attack, invalid blocks cannot be rendered valid. This means that even if 51% of validators collude (or suffer a software vulnerability), they cannot steal your funds. However, if you begin to trust your validator group for other purposes outside of the blockchain's control, this property breaks down—at that point, 51% of validators could collude and give incorrect answers, leaving you powerless to prevent them.

Witnessing on Ethereum soon 🏎️💨 The Perf engineering team discovered a propagation bottleneck in Prysm, rooted in the BLS signature batching logic. After tweaking the parameters, we achieved optimal results: negligible CPU usage and a significant 6x reduction in single-hop propagation latency (30ms => 5ms). PR merged 🚀 Many thanks to @BharathVedarth1 for his thorough research and the Prysm team for their quick fix!

I'm deeply grateful for @sandeepnailwal's personal contributions and the valuable role @0xPolygon plays in the Ethereum ecosystem. To summarize: * Polygon hosts @Polymarket, perhaps the most successful example of a "not just boring finance" application that has actually achieved success and provided value. * Polygon also hosts many other applications requiring high scalability. * Polygon invested significant resources early on in ZK-EVM validation, including bringing on Jordi Baylina's team and other efforts, which significantly advanced the field. * Polygon built the infrastructure for proof aggregation (AggLayer) and many other features. Additionally: * Sandeep has personally invested heavily in @CryptoRelief, which has made significant contributions to biomedical infrastructure and research in India. * He voluntarily returned $190 million of the proceeds from my SHIB token donation, which enabled the entire Balvi open-source anti-airborne disease biotechnology project to be realized and potentially accelerated our understanding of important anti-epidemic issues like clean indoor air. @cz_binance also recently donated $10 million in BNB to help me continue this project, and I recently invested about $20 million of my own capital (not from selling ETH 😛). Thank you so much, both of you. Most whales passively think things like this are cool, but aren't willing to proactively contribute personally, unless it's in the form of a company that privatizes everything and becomes another vehicle for personal profit. @sandeepnailwal (and CZ) are unique in this regard. Regarding the ZK question (after all, you do need a proof system to get the full security guarantees that L2 aims to provide), I can understand Polygon's dilemma: they supported Jordi's team in their quest to fully invest in this technology, while it was still in production. Therefore, they contributed to the early and most difficult part of the learning curve, but at this stage of the learning curve, they themselves were less able to directly benefit from the fruits of their labor. Since then, the market structure has split into L2 teams and ZK teams (such as @SuccinctLabs, @RiscZero, and more recently @brevis_zk), which are independent entities. I think this makes more sense than the previous practice of every L2 team working on a proof system (either OP or ZK) in-house: being the best L2 team and the best ZK team at the same time is extremely difficult; they require vastly different skill sets. Personally, I hope @0xPolygon will soon take the now-well-established, off-the-shelf ZK technology and apply it to PoS chains to get the full Phase 1 and later Phase 2 guarantees from Ethereum's L1. Many people don't realize how much ZK technology has improved; proof costs are around $0.0001 per transaction, and many L2 nodes are surprised when I share these recent figures. They still stubbornly believe that ZK might be suitable for chains the size of Ethereum's L1, but not for anything super-large. The latest ZK-EVM and active projects like @Lighter_xyz

Ethereum Privacy Stack Event Lineup Update! Over 30 speakers will focus on topics such as Network-Scale Privacy: @VitalikButerin + @RogerDingledine x @torproject Related Applications: @LefterisJP x @rotkiapp E2EE Collaboration: @miroyato x @fileverse @ml_sudo x @ElectricCoinCo & Silviculture Society Wallet Privacy: - @ncsgy x @ethereumfndn - @gegelz01 x @hinkal_protocol Transaction Privacy: - @tsu_kareta x @RAILGUN_Project - @ameensol x @0xbowio Institutional Privacy: @oskarth x @iptf_updates Voting x Identity x DAOs: - @A_Leutenegger x @AragonProject - @john_guilding x @zkMACI - Jordi x @vocdoni - @LashaAntadze x @Rarimo_protocol - @hebbianloop x @0xHolonym Messaging: @0xcyp x @ethstatus Privacy Leadership: @AndyGuzmanEth x @PrivacyEthereum Stealth Addresses: @0xMeTony x @fluidkey Advocacy & Law: @punk6052 OG Privacy: @TMIYChao Hardware x Nodes: @Pol_Lanski From Ethereum Improvement Proposals (EIPs) to Practical Privacy: - @kassandraETH - @Keyvankambakhsh x @EIP7503 From Infrastructure to Consumer Privacy: @SCBuergel Community: - @PG_CDG x @web3privacy - @limone_eth x @urbeEth Emerging Privacy: - @StefanoGogioso - @pumpernikhil - @fabgenovese This is just the beginning! More speakers coming soon.

I wish more ZK and FHE developers would present their overhead as a ratio (encrypted computation time vs. raw computation time) rather than just saying "we can perform N operations per second." This is more hardware-independent and gives a very indicative number: How much efficiency will I sacrifice if my application adopts a cryptographic approach instead of a trust-reliant one? It's also generally easier to estimate because, as a developer, I already know how much time my computation takes to compute the raw data, so I can simply multiply by that number. (Yes, I know this is difficult because the operations required for execution and proof are heterogeneous, especially in terms of SIMD/parallelization and memory access patterns, so even the ratio is somewhat hardware-dependent, but even so, I still think the overhead factor is a good number despite these flaws.)

Today, the Ethereum Foundation deposited 2,400 ETH and approximately $6 million in stablecoins into Morpho's yield treasury. Morpho is a pioneer in permissionless DeFi protocols, committed to the principles of Free and Open Source Software (FLOSS).

The Sepolia testnet has been upgraded to Fusaka! 🎉 BPO1 is expected to be released within a week.

Today, Bhutan celebrated a historic milestone, becoming the first country to anchor its national digital identity system on Ethereum. 🇧🇹 @VitalikButerin and I were honored to represent the Ethereum community at this launch ceremony, witnessed by His Royal Highness.

UPDATE: I unboxed the @EthereumPhone and it's awesome!