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tony.wtf

@tony181

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17 Followers
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I imagine that everyone in CT must have read @VitalikButerin proposal to move Ethereum from the EVM execution layer to RISC-V execution layer. this incredibly bullish for $ETH because its going to make Ethereum 100x better. But what does this mean for projects like @SuccinctLabs that already use the RISC-V architecture for ZK proof generation? the short answer is that it is very bullish for succinct! and here’s why: with EVM transitioning to RISC-V execution layer, succinct is well-positioned to remain relevant, benefiting from a network-wide improvement in scalability, cost, and cryptographic support. > Alignment of Architectures: Succinct SP1 uses RISC-V as its core architecture for generating succinct ZK proofs. With Ethereum natively adopting RISC-V, SP1 becomes directly compatible with Ethereum’s new execution environment, eliminating the need for EVM-to-RISC-V translation layers.
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Understanding The Initia VIP Program the Initia VIP (Vested Interest Program) is a unique economic framework designed to foster growth and alignment within the Initia ecosystem. the program aims to create economic alignment among users, developers, and interwoven rollups (Minitias) within the Initia network. It incentivizes participation and retention by rewarding users with the native token, $INIT. How it works: > Allocation: a portion of the $INIT token supply is allocated for the VIP program to distribute over time. > Distribution: rewards are given in the form of escrowed $INIT tokens (esINIT), which are initially non-transferable. > Unlocking: esINIT can be converted into regular $INIT tokens through two primary methods: - maintain a VIP score above a threshold over vesting periods or - stake esINIT into liquidity pools for boosted rewards.
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