Ethereum

Cannot even explain how bullish this makes me 🐂

It's finally happening.

TradFi analysts realizing the right way to value ETH is as the store of value asset of an emerging economy.

Brand new ETH report from Fidelity.

It's everything we've been saying for years.

I am euphoric in this moment.

ETH = world reserve asset

A $170M bet on Zelensky’s outfit now hinges on UMA voters.

👔 Was it a suit or not? Media said yes. Challengers said no.
🗳 Final vote today will resolve Yes, No, or Unknown — each option with major fallout.
🎩 Even @dieworkwear weighed in: technically a suit, socially unclear.

Welcome to Polymarket’s biggest governance test yet.

~~ Analysis by @wmp.eth ~~

—

Menswear writer. Editor at Put This On. Words at The New York Times, The Washington Post, The Financial Times, Esquire, and Mr. Porter.

A $170M bet on Zelensky’s outfit now hinges on UMA voters.

👔 Was it a suit or not? Media said yes. Challengers said no.
🗳 Final vote today will resolve Yes, No, or Unknown — each option with major fallout.
🎩 Even @dieworkwear weighed in: technically a suit, socially unclear.

Welcome to Polymarket’s biggest governance test yet.

~~ Analysis by @wmp.eth ~~

— https://www.bankless.com/read/polymarkets-suit-saga-zelensky

Virtual's Agentic Commerce Protocol launched last week — bringing inter-agent connection to the ecosystem.

Catch up with @robinson as he runs thru the significance of the update, why to go long DeFAI, and 3 ACP-integrated agents he likes use👇 

www.bankless.com/d

Took a break for 5 months.

What happened in farcaster while i was out?

Uniswap's card generator is pretty cute

collect.uniswap.org

🟢 SER UPDATE: Bit Digital (NASDAQ: BTBT) is transitioning into a pure-play Ethereum staking and treasury company by winding down BTC mining and selling BTC to fund future ETH acquisitions.

BREAKING: BTC ADDS UTILITY AS ON-RAMP TO ETH

Dug in and broke down the privacy terms I'm increasingly seeing 👇

Multi-Party Computation (MPC) — Distributed computation that allows multiple groups to collectively compute something without revealing their own information.

➢ Think you and five friends want to find your average salary without revealing individual amounts. Each person splits their salary into six random shares and sends one to each person. Everyone performs math on the shares to compute the final average without learning individual salaries.

Building with MPC: Fireblocks (institutional custody), Arcium (private AI processing), Renegade (onchain dark pools)

Fully Homomorphic Encryption (FHE) — Allows data processing without decryption, meaning sensitive data remains encrypted when stored, transmitted, and analyzed.

➢ Like a locked safe with programmable gloves. You put private data inside, program instructions, send to someone else. They operate blindly following instructions without seeing what's inside, return correct results.

Building with FHE: Zama (FHE tooling), Fhenix (real-world applications), PrivaSea (encrypted ML)

Trusted Execution Environments (TEEs) — Secure hardware zones that store and process data in isolation, preventing the rest of the machine from accessing that data.

➢ Think iPhone biometrics. Face scans stored in secure chip zones, matching happens inside sealed hardware. Apps only get yes/no, never see actual biometric data.

Building with TEEs: Space Computer (satellite nodes), Oasis Protocol (confidential smart contracts), Phala Network (decentralized cloud)

zkTLS — Merges TLS with zero-knowledge proofs to keep information private yet verifiable, turning any Web2 platform data into a public API.

➢ Prove your bank balance for onchain loans without revealing exact amounts or transaction history. Generate ZKP of balance, submit to DeFi platforms for creditworthiness verification.

Building with zkTLS: ZKP2P (on/off ramps), EarniFi (privacy-preserving loans), DaisyPay (influencer payouts)

https://www.bankless.com/read/cryptos-privacy-tech-wave

MPC, FHE, TEEs, and zkTLS — What are they?

~~ Analysis by @robinson ~~

In simple language, here’s how these privacy technologies work — and the projects building with them now 🏴

MPC, FHE, TEEs, and zkTLS — What are they?

~~ Analysis by @robinson ~~

In simple language, here’s how these privacy technologies work — and the projects building with them now 🏴 

https://www.bankless.com/read/cryptos-privacy-tech-wave

🥧 Yearly Transaction Count High for Ethereum Mainnet: 1.57 Million!

Getting Ready for MegaETH Apps

~~ Overview by @wmp.eth ~~

With the L2's mainnet presumably launching later this year, its testnet is live and already showing how MegaETH's ambitions for 100k TPS and 10 millisecond block times are within reach.

→ Play around with these early apps to get ahead of the curve👇

Getting Ready for MegaETH Apps

~~ Overview by @wmp.eth ~~

With the L2's mainnet presumably launching later this year, its testnet is live and already showing how MegaETH's ambitions for 100k TPS and 10 millisecond block times are within reach.

→ Play around with these early apps to get ahead of the curve👇 
https://www.bankless.com/read/getting-ready-for-megaeth-apps

5 Takeaways from Tether CEO Paolo Ardoino's Bankless Interview

~~ Interview Recap by @wmp.eth ~~

How will the largest stablecoin project evolve in the face of GENIUS, $CRCL, and what else is Tether cooking up? 

→ Here are the 5 biggest highlights from the convo👇

5 Takeaways from Tether CEO Paolo Ardoino's Bankless Interview

~~ Interview Recap by @wmp.eth ~~

How will the largest stablecoin project evolve in the face of GENIUS, $CRCL, and what else is Tether cooking up? 

→ Here are the 5 biggest highlights from the convo👇

https://www.bankless.com/read/5-takeaways-from-tether-ceo-paolo-ardoinos-bankless-interview

It's been a few months since we checked in on @bankr

~~ Analysis by @wmp.eth ~~

Unsurprisingly, much has changed since then. Namely, the launch of Bankr's Terminal (a bespoke prompting interface) and Bankr Club (a premium membership tier) are two new attractions worth a closer look.

If you still haven't dabbled here, though, no worries—it's simple to get started.

→ Take 3 mins, learn how, and save hours going forward

Your Friendly AI-Powered Crypto Companion. Manage your wallet effortlessly-just by sending a message. terminal: bankr.bot terms: bankr.bot/terms

It's been a few months since we checked in on @bankr

~~ Analysis by @wmp.eth ~~

Unsurprisingly, much has changed since then. Namely, the launch of Bankr's Terminal (a bespoke prompting interface) and Bankr Club (a premium membership tier) are two new attractions worth a closer look.

If you still haven't dabbled here, though, no worries—it's simple to get started.

→ Take 3 mins, learn how, and save hours going forward

https://www.bankless.com/read/getting-started-with-bankr-terminal

You can now contribute to Roman Storm’s legal defense fund through a Farcaster mini app. The Ethereum Foundation is matching up to $750K in donations from the community

https://give.warpcast.com/causes/defend-roman-storm

Few more worthwhile causes,

Support if you’re able.

Crypto: The Game

Thank you @bankless! Fingers crossed is right 🤞

→ Ethereum L1 is the world ledger.

→ ETH is the world reserve asset.