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The turnstile mechanism guarantees either closure on exploitation, or impact minimization
c-node
27.8K posts
c-node
@colludingnode
- Hey CT, I have a career update I’ll be joining a new team and diving into proof systems and circuits with the goal of bringing unstoppable private money to planetary scale... ...ZCash's Tachyon Project! (🛡️,💫)
There will never be a consumer product that takes off purely for political reasons—like “being censorship resistant” or “decentralizing banking” Think of consumers as lizard brains: they mindlessly tap on rectangles on a screen for basic needs—like making money or finding a date- it's true that MPC, tFHE, and TEEs let you build private applications that aren't otherwise possible with just ZK however, the strength of the privacy is much weaker. use pure ZK if possible for your use-case, e.g, for payments, transfers, voting.
- > VCs say there's a cool new cross-chain bridge > ask if it's trustless or a committee > they don't understand > pull out illustrated diagram explaining what is trustless, and what is a committee > they laugh and says "it's trustless" > it's a committee
- No more Venmo for dinner or drinks. If you’re a crypto person, we’re using fucking crypto.
- It’s simple we get private digital currency into everyone’s hands, and ensure that it can never be taken away
Solana has come back from the most adversarial and competitive conditions its entire existence hated by both the old and the new — underestimated and downplayed by everyone people like tweeting "ok I'm in warmode now" — that's very cute we have not known anything else other- Ethereum had Tornado Cash sanctioned, but it continued to process transactions This proves that it’s the only blockchain (not even bitcoin), capable of keeping cryptocurrency’s biggest and boldest promise of true neutrality in the face of a meatspace superpower adversary
