ΣMewΣ retweeted
All the security issues reported for Basis contracts and tracker @BasisonErg addressed, so we are proceeding to the another round. Digital free banking on steroids to the rescue!
ΣMewΣ retweeted
We worked on unstoppable money markets using cryptocurrencies before vcs. We will do it after. Now we have completely different power, though, with llms opening possibility for non-coding engineers to actively contribute at all levels
R.I.P Sequoia Crypto
That's already the second fund after a16z Crypto
Closing the London office
Streamlining teams
Shutt down accelerator programs
Nobody wants to invest in the Crypto Casino anymore
AI, data centers, space, literally anything but crypto
The days of easy VC money to extract are over. The party is coming to an end
Pivot to...?
What?
ΣMewΣ retweeted
Proof of useless work is essentials in hard money creation. Human societies made it with shells, gold etc. AI agents will create their hard assets with GPU hashing, ie by mining ergo:native
ΣMewΣ retweeted
Ergo was built with no VCs. And they are not needed and usually not interested in solving hard problems people have with fiat money
ΣMewΣ retweeted
Arb profits + storage rent profits are looking good for earning above the ERG block subsidy.
This is one of the cleaner long term miner incentive designs among PoW chains.
Emissions taper to a floor.
State bloat is discouraged.
Lost/dormant coins slowly recycle back into circulation.
Active block builders can capture the extra value instead of leaving it on the table.
That only increases as capabilities get built out with @LithosProtocol
ΣMewΣ retweeted
Cryptocurrencies and onchain contracts should empower cash, which is still the most private money with deepest liquidity in many places around the globe
cash2cash: Insured Trust-Minimized Borderless Cash-to-Cash Transfers
reddit.com/r/ergonauts/comme…
ΣMewΣ retweeted
The Bitcoin whitepaper should be considered along with other great p2p money whitepapers from 00s,such as original Ripple's from 2005 or "Peer-to-Peer Money: Free Currency over the Internet" from 2003
ΣMewΣ retweeted
Trust surface in crosschain swaps should be reduced to chain events reporting, and deal participants should have freedom to choose an oracle pool for that out of many.
ΣMewΣ retweeted
Little bit of respect too @chepurnoy
Not. Easy to see so much bs pump all the while you stayed true to being a cypherpunk in the truest sense.
Here for the tech, unironically.
ΣMewΣ retweeted
LithosDex is working on expanding the pairs a miner can trade, sequence and settle locally.
End to end. P2P power. @LithosProtocol
ΣMewΣ retweeted
GPUs are the engine of the future!
several core technologies in the emerging decentralized AI stack align naturally with @ergo_platform:
zero-knowledge machine learning (ZKML)
decentralized federated learning (FL)
autonomous agent identity & multi-party signatures
decentralized AI oracles
fully homomorphic encryption (FHE)
incentive layers for compute markets (eg subnet rewards)
ΣMewΣ retweeted
Exactly, currently "crypto industry" is oligarchy where chosen fews are above laws(by using regulatory arb) and everyone else (by having power to freeze money etc). In 2026 we have all the tooling for trust minimization at all levels, though, so it it a question of the will only
Look at the contrast:
Binance loses billions:
- Coinbase manually blocks addresses
- Tether and Circle freeze billions in 60 minutes
- Ripple and World Liberty coordinate in group chats
- Executives hug it out on X
A normal user loses $50k to an approval scam:
- "Blockchain transactions are irreversible, anon"
- "Code is law"
- "Have you considered reading the contract bytecode?"
- Zero help from stablecoin issuers
Decentralization for the peasants, emergency bailouts and centralized freezes for the tier-1 cartel.
There are two crypto industries, and you’re not in the protected one.
ΣMewΣ retweeted
To me it isn’t about:
Don’t trust, verify.
To me it is about:
Trust by verification.
Conversely, this means that I lean heavily towards “trust-creating” rather than “trustless”.
Why?
The third generation of accounting should achieve precisely what traditional accounting (double-entry) cannot fulfill in the digital era:
generate trust across all boundaries, with Bitcoin serving as the absolute foundation.
I view trust more through the lens of how this technology enables us to distinguish fake from reality in the digital information jungle, rather than focusing on whom we must trust within the underlying transaction process to ensure that proofs are handled in a decentralized and fair manner.
Both are important, no doubt, but my perspective is more of an evolution:
the one approach (trustless) examines the process, while I examine the implications of its results (trust-creating) on society.
I consider the right to privacy to be absolutely fundamental in this regard.
That is why, among other things, I regard the research field around ZK-proofs as one of the most important when it comes to building physical trust in the digital age.
ΣMewΣ retweeted
Rosen Intents 🔥
A system of permissionless market makers providing swap services secured by vaults on #Ergo blockchain.
✅reddit.com/r/ergonauts/comme…
#Ergo ergo:native
No trusted middlemen, no kyc, just free crosschain markets reddit.com/r/ergonauts/comme…
ΣMewΣ retweeted
CEXes are failing us. KYC is a crime. Fiat is killing free markets and increasing inequality. We need to work on future free of these parasites.
