Filip Siroky
@fisiroky
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Filip Siroky
@fisiroky
Luc is cooking
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Filip Siroky
@fisiroky
Some folks are surprised to see Solana adopting Ethereum tech like L2s/network extensions. But if you think from first principles, it was inevitable — and not just for Solana but for any sufficiently used blockchain. Relying on a global single state machine that needs consensus among hundreds of validators for all types of apps was always a shortsighted vision. The internet scaled because it’s asynchronous. Web3 must be asynchronous as well.
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Filip Siroky
@fisiroky
All watched over by machines of loving grace. In retrospect, the cybernetic economy was inevitable.
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Filip Siroky
@fisiroky
All security is a matter of economics. Cryptographic security is the best form of security, because it is the most expensive to break. The cost of generating a convincing proof of an invalid state transition (assuming no soundness bugs) is just way higher than slashing.
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Filip Siroky
@fisiroky
Money is a technology. Like most technologies, monies are in a perpetual battle to dominate a winner-takes-most market. The best technology doesn’t always win, but it wins when the improvement is 0 to 1. Crypto offers this kind of improvement when it comes to money. The next dominant money will be crypto money.
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Filip Siroky
@fisiroky
2024 is the year when certain L2s become faster (~100ms), cheaper (<$0.0001/tx) and more secure (verified by Ethereum and EigenDA) than every L1. Here's why:
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Filip Siroky
@fisiroky
crypto makes the internet permissionless again
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