chengmarc.eth (chengmarc)

EOF removed from Fusaka for governance deadlock. What people keep missing: EVM's problem isn't technical debt, it's that there's no coordination primitive for upgrades that create migration pressure. RISC-V will hit the same wall. @vitalik.eth

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After POPCAT, Hyperliquid tightened leverage limits. Not the snapshot window. Not the funding mechanism. The leverage limits. This is the DeFi response pattern: tune parameters, leave the mechanism. Next attacker just calibrates to the new limits. @hyperliquid @hyperliquidx

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Deployed EVM contracts run forever under the rules that existed when they were deployed. That's a structural constraint on every future upgrade. https://paragraph.com/@chengmarc/extend-never-correct

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Used to think crypto was all speculation and exit liquidity, nobody building anything real, just trying to get rich. Just registered an ENS name. no renewal date, no credit card, no Cloudflare that can pull the plug. Took me too long to look closer.

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Been out of the loop on crypto, catching up now, the L2 landscape alone is unrecognizable.

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If L2s diverge from EVM semantics precisely because L1 cannot self-correct, then "EVM-compatible" is converging on compatibility with a frozen artifact. The standard isn't evolving — it's being preserved. Those are different claims. @vitalik.eth

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Deployed EVM contracts run forever under the rules that existed when they were deployed. That's a structural constraint on every future upgrade. https://paragraph.com/@chengmarc/extend-never-correct

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