bartek.eth Profile
bartek.eth

@bkiepuszewski

14,327
Followers
588
Following
529
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3,337
Statuses

Ethereum. DeFi. L2s. @_token_flow @l2beat

The world with no borders
Joined December 2009
Don't wanna be here? Send us removal request.
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@bkiepuszewski
bartek.eth
3 years
0/ Here's what you should ask yourself (or the community) before putting millions of $$$ into an Ethereum Rollup: πŸ‘‡
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@bkiepuszewski
bartek.eth
4 years
If you are confused how the hacker managed to drain $EMN contract, here’s the exact mechanics of what happened:
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@bkiepuszewski
bartek.eth
2 years
Bridges are scary places
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@bkiepuszewski
bartek.eth
2 years
If you are interested in gaining a deeper understanding of the @StarkWareLtd L2 ecosystem, I have prepared a series of threads explaining how can an independent observer by inspecting L1 contracts can be assured of L2 security properties and how STARKs on L1 are actually built πŸ‘‡
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@bkiepuszewski
bartek.eth
1 year
Big congrats to @0xPolygonLabs ( @0xPolygon ) for launching Polygon zkEVM. Here are few things that you may assume about zkRollups but you will find here different and should be aware of: πŸ§΅πŸ‘‡
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@bkiepuszewski
bartek.eth
1 year
So, it seems like a while ago @arbitrum has updated its Rollup implementation on L1 in a way that, IMO, dramatically increased its decentralisation. Funny, they kind of forgot to inform public about it, let's have a quick look: πŸ‘‡πŸ§΅
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@bkiepuszewski
bartek.eth
2 years
1/ Surprised to see lot of takes trying to argue superiority of zkRollups over Optimistic Rollups or otherwise. We might end up in a multi-rollup ecosystem where both play slightly different role and will co-exist, here's why: πŸ§΅πŸ‘‡
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@bkiepuszewski
bartek.eth
2 years
By now you must have heard that Rollups derive their security from Ethereum. Even Rollups that have a centralised Sequencer. So why would you want to decentralise Sequencers ? Surely it adds complexity and can slow down the L2 block production ? πŸ§΅πŸ‘‡
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@bkiepuszewski
bartek.eth
9 months
Data Availability is by far the most confusing term we ever came up with. Data Publishing + Data Storage are better terms that are more intuitive. DA = Data Publishing, not Data Storage. Here are few facts that you may be unaware of: πŸ§΅πŸ‘‡
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@bkiepuszewski
bartek.eth
2 years
Ooof, looks like dYdX is no longer comfortable running a centralised order book for reasons easy to guess. So now your funds, instead of being secured by Ethereum will be secured by dYdX token holder majority? (brb, checking who still has 33% of the supply)
@dYdX
dYdX
2 years
We’re excited to announce that dYdX V4 will be developed as a standalone Cosmos-based blockchain! πŸ”—πŸŽ‰
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@bkiepuszewski
bartek.eth
2 years
Rollups put tx data on L1 chain. This is costly now (note: fees will go down after EIP 4844). Let's see what can go wrong if data is not posted on-chain 🧡
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@bkiepuszewski
bartek.eth
2 years
1/ The biggest confusion about Optimistic Rollups on Ethereum is notion of 7-day fraud proof window and the fear that transactions may be "rolled back" during that time. Let's try to explain why this is not the case and look step-by-step at what happens behind the scenes πŸ§΅πŸ‘‡
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@bkiepuszewski
bartek.eth
2 years
16M$ already in Aptos bridge from Ethereum to @Aptos_Network built on top of @LayerZero_Labs . Who cares that half of the contracts are NOT VERIFIED including crucial proof validation lib. Who cares that owner of the Aptos TokenBridge is EOA. Apes will be apes πŸ¦πŸ€·β€β™‚οΈ
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@bkiepuszewski
bartek.eth
10 months
Seeing is believing. Have a look at how @worldcoin does the zk magic and decide for yourself if it preserves privacy. This transaction is their server registering on-chain a set of "identity commitments": πŸ§΅πŸ‘‡
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@bkiepuszewski
bartek.eth
6 months
TPS is a very faulty metric to measure blockchain throughput. And it's going to get worse in the future. One of the potential alternatives is to measure UOPS - User Ops per second. But what are they, how they relate to AA and is it really a feasible alternative ? πŸ§΅πŸ‘‡
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@bkiepuszewski
bartek.eth
3 years
1/ With @arbitrum Sequencer down for an hour, Arbitrum chain effectively reduced itself to L1 Ethereum wrt to cost and speed, but it never stopped working. How is it possible ? And why @l2beatcom claims that users should propose blocks when operator is down ? πŸ§΅πŸ‘‡
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@bkiepuszewski
bartek.eth
1 year
This is @arbitrum governance in one picture (from their documentation). Confused ? Overwhelmed ? Let me simplify /1
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@bkiepuszewski
bartek.eth
1 year
This, IMO, is the most important rollup classification from the end-user perspective today. Everything else, while seemingly important, is a potential nuance that will likely converge in a future
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@bkiepuszewski
bartek.eth
2 years
Given that Optimistic Rollups should all post L2 tx data as calldata on-chain, how come there is significant price difference between @arbitrum @bobanetwork @optimismPBC and @MetisDAO on ? πŸ‘‡
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@bkiepuszewski
bartek.eth
1 year
Now that @zksync 2.0 is officially launched on the mainnet it is possible to do the deep dive into their message passing mechanism. There are some very interesting and cool ideas there. In part1 let's have a look at L1 -> L2 message passing πŸ§΅πŸ‘‡
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@bkiepuszewski
bartek.eth
1 year
Immutable smart contracts are holy grail of DeFi - there is hardly anyone who would disagree. Back in 2015-2016 most smart contracts were immutable and tons of time and money were spent to make sure they are bug free before they were launched πŸ§΅πŸ‘‡
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@bkiepuszewski
bartek.eth
2 years
Are you confused by the recent @samczsun thread regarding Binance Bridge hack ? I will explain this in the simplest terms possible: πŸ§΅πŸ‘‡
@samczsun
samczsun
2 years
Five hours ago, an attacker stole 2 million BNB (~$566M USD) from the Binance Bridge. During that time, I've been working closely with multiple parties to triage and resolve this issue. Here's how it all went down.
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@bkiepuszewski
bartek.eth
2 years
What does it mean that the L2 "derives its security from Ethereum" ? On ETH you can run unstoppable smart contracts with transparent and verifiable logic. These can act as independent courts that will resolve a potential dispute. Examples: πŸ‘‡πŸ§΅
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@bkiepuszewski
bartek.eth
2 years
Can you *always* withdraw your funds ? β–ͺ️ @MakerDAO delegate contract - YES β–ͺ️ Binance, Celsius - NO β–ͺ️ @compoundfinance , @AaveAave - Most of the time β–ͺ️ @MakerDAO Vault - YES β–ͺ️ @dYdX V3 - YES β–ͺ️ @dYdX V4 - ???? Read on for more detailed takes: πŸ§΅πŸ‘‡
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@bkiepuszewski
bartek.eth
3 years
$DAI is coming to @arbitrum very soon. Similarly to @optimismPBC it will be using a custom Gateway so that in the future goodies like fast withdrawals and minting $DAI directly on L2 will be supported
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@bkiepuszewski
bartek.eth
4 months
TVL of Blast over 1B$, Manta with STONE over 0.5B$. Think what is going to happen once restaking is finally enabled. How much ETH will chase highest yield aping into riskiest operators ? Terra/UST collapse was dramatic but isolated. We need risk-first culture for real.
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@bkiepuszewski
bartek.eth
2 years
1/ Let's explore differences between L2 -> L1 message passing between @optimismPBC and @StarkWareLtd . It's not just about 7-day "withdrawal window" or lack of thereof, there are some important architectural considerations that you should be aware of 🧡
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@bkiepuszewski
bartek.eth
1 year
Both @starknet and @0xPolygon zkEVM are STARK-based zkRollups on Ethereum. If you are put off by moon-math explaining how they actually work but would like to build some intuition and understand some fundamental differences, here's some hints: πŸ‘‡πŸ§΅
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@bkiepuszewski
bartek.eth
2 years
One of the most common questions from DeFi users, especially after seeing so many bridge hacks is "Once I received my tokens on a destination chain, am I still at risk ?". The answer to this question is surprisingly hard but it is important that we get it right πŸ§΅πŸ‘‡
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@bkiepuszewski
bartek.eth
5 months
It is somewhat uncomfortable that Rollup can simply stop being a Rollup by stopping posting data to Ethereum and few would even notice as there is no L1 state change / event / nothing. Compare L1 data of @Optimism and @MantaNetwork
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@bkiepuszewski
bartek.eth
3 years
@optimismPBC + @MakerDAO = fast withdrawals. They are coming, be ready. Super excited for what's to come
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@bkiepuszewski
bartek.eth
6 months
Did you know that @safe , apart from "public" owners can have "shadow" owners ? It's not a new information to the security researchers, but if your goal is to find out who is authorised to execute transaction from a given safe or move assets out of it, then it's a problem πŸ§΅πŸ‘‡
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@bkiepuszewski
bartek.eth
9 months
πŸ‘€ 😱 #StarkNet
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@bkiepuszewski
bartek.eth
2 years
We have updated most smart contracts descriptions and included architecture diagrams for most of the major rollups at @l2beatcom . Check @optimismPBC @arbitrum @bobanetwork @MetisDAO @dYdX @Sorare @Immutable @deversifi @zksync 1/4
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@bkiepuszewski
bartek.eth
10 months
As it stands, @0xMantle is: - old pre-Bedrock @optimismFND code - threshold sigs module - FraudProof from @SpecularL2 , but not fully deployed - DA based on @eigenlayer , contracts not verified This is my best shot to try to capture all this in one pic. TL/DR - it's centralised
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@bkiepuszewski
bartek.eth
6 months
If you are still confused by the AA despite tons of articles (why they are all so dense and technical ?) and wonder what is the difference between, say, EIP-4337 AA Ethereum standard, @StarkWareLtd and @zksync enshrined AA and, say, Gnosis Safe accounts, read on πŸ‘‡πŸ§΅
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@bkiepuszewski
bartek.eth
10 months
Optimism does not have any fraud proofs since Nov 2021. Reading old documentation can be very misleading, this is why we are only reading and monitoring deployed, mainnet code at @l2beat #donttrustverify
@Moomsxxx
MooMs
10 months
17/ Arbitrum vs Optimism The main technical difference between the two chains is that Optimism uses single-round fraud proofs while Arbitrum uses multi-round fraud proofs.
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@bkiepuszewski
bartek.eth
2 years
1/ What is your favourite analogy to explain blockchain and crypto to "normies" that are completely new to the space and are non-technical ? Here's mine πŸ‘‡
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@bkiepuszewski
bartek.eth
6 months
Looks like people are literally throwing money into a smart contract that literally has no functionality rn but to take their deposits. The owner of a contract (3/5 MSig) can do whatever they want with funds. Over 30M$ already in the contract πŸ™Š
@Blast_L2
Blast
6 months
Introducing Blast: The only Ethereum L2 with native yield for ETH and stablecoins. We’ve raised $20m from @Paradigm and @StandardCrypto to build the L2 that helps you earn more. Details on how to get early access at the end of the threadπŸ‘‡
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@bkiepuszewski
bartek.eth
2 years
Everything you can do on private/consortium/centralised blockchains you can do cheaper and faster on centralised databases. If you are not trying to disintermediate trusted third parties you are simply trying to ride blockchain hype for no good reason.
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@bkiepuszewski
bartek.eth
9 months
I have seen a lot of bad takes on @eigenlayer and yes - it can be confusing. Let's try to simplify it somewhat and look at what is actually deployed right now on mainnet πŸ§΅πŸ‘‡
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@bkiepuszewski
bartek.eth
2 years
When you go to a casino, as you enter you buy chips to play inside. Imagine after winning big on a roulette that the cashier is closed and nobody wants to exchange your chips for cash. Wouldn't that be a shame ? With L2s you are guaranteed to cash your chips. It is that simple πŸ‘‡
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@bkiepuszewski
bartek.eth
2 years
Here's the summary of the upcoming Bridges Risk Framework that I plan to propose for @l2beatcom . I would welcome broad community feedback cc: @stonecoldpat0 @arjunbhuptani @_prestwich 🧡
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@bkiepuszewski
bartek.eth
2 years
1/ In the fourth and final thread on @Starkware internals I will try to build some intuition for STARK math and the implementation of the Verifier on L1 by dumbing it down, hopefully w/out making @EliBenSasson cringe πŸ™πŸ‘‡
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@bkiepuszewski
bartek.eth
2 years
I used to have an immense esteem and respect for Emin but this cheap and completely false dunk is a proof that it takes years to work on your reputation while it can take one tweet to destroy it (Nomad's hack had nothing to do with its optimistic architecture)
@el33th4xor
Emin GΓΌn SirerπŸ”Ί
2 years
Nomad uses a similar design principle as optimistic rollups. This hack proves that the claim that optimistic rollups are inherently more secure is just plain old wrong.
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@bkiepuszewski
bartek.eth
2 years
Why @DefiLlama and @l2beat show significantly different numbers for TVL such as with @arbitrum ? πŸ§΅πŸ‘‡
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@bkiepuszewski
bartek.eth
5 months
The easier it gets to launch a rollup, the more we will see rollups of very poor quality or with outright malicious intents. Small systems will get less scrutiny than big ones, it's unavoidable. Be aware aping into them, dyor, ask questions.
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@bkiepuszewski
bartek.eth
2 years
So you might have heard that it is time to learn about KZG commitments. Maybe you even looked at the "gentle" intro by @dankrad but you were put off by not-so-gentle math there. Let me try to ELI5 KZG in this thread πŸ§΅πŸ‘‡
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@bkiepuszewski
bartek.eth
3 months
It looks like @immutable launched the first zkEVM without a prover ? I mean, it's fine to launch anything, but saying it's "Ethereum security" seems to be another example of marketing way before the actual product ...
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@bkiepuszewski
bartek.eth
4 months
Tokens like $STONE from @Stake_Stone are an example of what is wrong with this industry - it is being advertised as "secure omnichain LST using LayerZero". But when you are trying to independently find out how it works and eg check who is minter:
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@bkiepuszewski
bartek.eth
2 years
1/ When thinking about different bridges and risks associated with them it is useful to consider the worst case scenarios. Let’s see how such risk framework could be constructed πŸ§΅πŸ‘‡πŸŒ‰
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@bkiepuszewski
bartek.eth
2 years
Let's have a look at how @StargateFinance , recent darling of DeFi, a dapp build on top of @LayerZero_Labs works, what are the current security assumptions and what are the potential concerns πŸ§΅πŸ‘‡
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@bkiepuszewski
bartek.eth
1 year
If you bridge your funds somewhere, your mental model should be - will I be able to reclaim my assets if I disappear for 10 years, and when I am back the bridge operator is long gone
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@bkiepuszewski
bartek.eth
2 years
As other L1 leaders give up on decentralization, Ethereum may be the only decentralized computing platform left out there
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@bkiepuszewski
bartek.eth
2 years
1/ Another week, another Rollup on Ethereum launched. Short thread about what is Metis Andromeda Rollup from @MetisDAO πŸ§΅πŸ‘‡
@l2beat
L2BEAT πŸ’—
2 years
Welcome @MetisDAO to L2BEAT 🎊! Big thanks to the Metis team for helping with the PR and answering our questions.
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@bkiepuszewski
bartek.eth
2 years
I have published on the @l2beat forum a proposal for a Bridge Risk Framework. We would love the community input for this before it is implemented. It is impossible for me to tag every single bridge here, if anyone can help out, I would appreciate πŸ™
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@bkiepuszewski
bartek.eth
4 months
A long thread on why, when you use external DA, you need a "DA bridge", which is why - using @sreeramkannan words - external DA looks like DAC (Data Availability) to Ethereum, and why we are complaining that projects using @CelestiaOrg are not using Blobstream bridge πŸ§΅πŸ‘‡
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@bkiepuszewski
bartek.eth
4 months
A friendly reminder that even the most secure Stage 2 rollup does not guarantee that your assets on that Rollup are secure - you need to look at each individual asset to see how it is bridged and minted. Rollups are permissionless, anyone can deploy a token bridge
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@bkiepuszewski
bartek.eth
1 year
One of the feedback on the UI that @l2beat got was that it looks like a dating site and logo should be changed. Hopefully the new design is more professional
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@bkiepuszewski
bartek.eth
5 months
2018 - contracts should be formally verified and immutable 2020 - contracts should be audited 2022 - contracts should have source code verified 2024 - whatever, take my money and gib me yield
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@bkiepuszewski
bartek.eth
3 years
1/ With @optimismPBC and @arbitrum likely destined to attract massive TVL soon, we must address the elephant in the room and ask ourselves how safe is the the fraud proof system for any optimistic rollup πŸ§΅πŸ‘‡
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@bkiepuszewski
bartek.eth
5 months
That aged fast, we have a new leader, @zksync
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@bkiepuszewski
bartek.eth
5 months
Tough day for @arbitrum yesterday, but it's the price you pay when you decide to break a new TPS ATH I guess
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@bkiepuszewski
bartek.eth
2 years
You may not understand technicalities of the scalability debate, but if you care about shifting power from corporations to the weakest users, you should value decentralized networks over centralised ones
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@bkiepuszewski
bartek.eth
2 months
If your mental model of 4844 is that "transactions with blobs" are similar to "emails with attachments" - it's only partially true. It's more nuanced, let me give you perhaps a slightly better mental model πŸ‘‡πŸ§΅
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@bkiepuszewski
bartek.eth
1 year
What is L2 transaction finality ? It's simply when your L2 transaction cannot be reverted - it became part of the blockchain. For rollups that submit L2 txs blocks to L1, it's when these L2 blocks finalize on L1. It's easy to check on L1 when it is, just have a look: πŸ§΅πŸ‘‡
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@bkiepuszewski
bartek.eth
9 months
So you have heard about zkProofs, how cool they are and how using them Ethereum can verify computational integrity of some off-chain programs (ranging from custom apps to full-blown Layer2 zkEVMs). But how do we know what is that program that is being verified ? πŸ§΅πŸ‘‡
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@bkiepuszewski
bartek.eth
3 years
1/ Funds on a Rollup should be as safe and censorship resistant as on L1. If you have $DAI on Ethereum, you own a coin that can only be minted by supplying collateral to MakerDAO. There is no other way. Let's explore a @0xPolygon side-chain to see the difference πŸ‘‡
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@bkiepuszewski
bartek.eth
4 months
There's this big misconception that Plasma = Fraud-Proofs + external DA (similarly to Validiums = Validity Proofs + external DA). The misconception stems from the fact that Plasma is using fraud proofs *and* does not use Ethereum as DA. But it does not work as Validiums πŸ‘‡πŸ§΅
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@bkiepuszewski
bartek.eth
3 years
1/ So you have heard about @worldcoin and it's iris-scannning Orb, but have you noticed that they plan to launch their network on Ethereum Optimistic Rollup called Hubble ? How Hubble differs from other optimistic rollups such as @optimismPBC or @arbitrum ? πŸ‘‡
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@bkiepuszewski
bartek.eth
1 year
On @l2beat Risk Tab you can learn about the Data Availability Layer used by each L2. To call yourself a Rollup you *must* use L1 Ethereum ("On chain" in this column). But what data exactly is being "made available" and why it matters ? πŸ§΅πŸ‘‡
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@bkiepuszewski
bartek.eth
1 year
If you follow @_prestwich & @LayerZero_Labs debate you might find it interesting to know that on Ethereum out of 185 x-chain apps using L0 only 10 cared to change any default security parameter. These apps do not care about the security or they simply chose to trust L0 ?
@_prestwich
James Prestwich
1 year
Hello, today we are disclosing two critical trusted-party vulnerabilities in the LayerZero smart contracts. These issues allow the LayerZero team to completely bypass the Oracle and Relayer for most applications (including stargate).
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@bkiepuszewski
bartek.eth
2 years
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@bkiepuszewski
bartek.eth
2 years
1/ I cannot overstate the significance of this announcement for @dydxprotocol and the whole Ethereum Rollup space - why this is important and why should you care ? πŸ‘‡πŸ§΅
@l2beat
L2BEAT πŸ’—
2 years
We're happy to announce that we'll be building a State Explorer for dYdX in collaboration with @dydxprotocol and @StarkWareLtd πŸŽ‰ 1/5
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@bkiepuszewski
bartek.eth
3 years
The fact that Rollups can be operated by a centralised Sequencer giving users massive improvement in usability (instant confs), and yet, we don't need to trust the Sequencer i.e. our funds our safe even if it turns evil, may be one of the most under-appreciated facets of real L2s
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@bkiepuszewski
bartek.eth
2 years
EVM Equivalence = EVM is run on L2. EVM Compatibility = custom VM is run on L2, you can port L1 contracts to this custom VM. Custom VMs can be made better/more efficient than EVM but add more friction. Both approaches make sense and will coexist.
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@bkiepuszewski
bartek.eth
2 years
New Aztec Connect Rollup ( @aztecnetwork ) has decided to use UpgradableProxy for its main contract and it is owned right now by 1/2 MultiSig. It is interesting as the old Aztec was one of the very few Rollups that were not upgradable (although owner could swap the Verifier) ...
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@bkiepuszewski
bartek.eth
2 years
1/ After seeing so much confusion about upcoming data sharding in Ethereum, here's my take on why you will soon see massive increase in tx throughput on Ethereum and how this is achieved πŸ‘‡πŸ§΅
@dankrad
Dankrad Feist
2 years
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@bkiepuszewski
bartek.eth
2 years
1/ In the third instalment of the @Starkware deployment deep dive we will have a look at the data availability part. You will see, by looking at on-chain trace, if we have a Rollup or Validium L2 system. Hopefully some myths about data availability will be debunked. πŸ‘‡
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@bkiepuszewski
bartek.eth
9 months
Counting TPS is tricky. For example all txs on @Starknet with native account abstraction are multicalls so real TPS there should perhaps be 3-4x of what's typically reported. But coming up with fair metric for all systems is very hard
@bkiepuszewski
bartek.eth
9 months
People (understandably) are excited to compare tps of different chains. How multicall transactions such eg this one should be handled though ?
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@bkiepuszewski
bartek.eth
2 months
@zksync costs of commitBatches() transaction Pre-Blob: $425 Post-Blob: $56
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@bkiepuszewski
bartek.eth
3 years
$DAI address on @optimismPBC is 0xda10009cbd5d07dd0cecc66161fc93d7c9000da1 - how cool is that ? πŸ€―πŸ˜… Watch for this $DAI to get some superpowers soon(tm) πŸš€
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@bkiepuszewski
bartek.eth
2 years
With the lock-mint bridge you normally expect that the amount of locked tokens in a bridge is greater than amount of tokens minted on a destination chain. That's true for *most* bridges, but not all. Let's have a closer look at @MultichainOrg πŸ‘‡πŸ§΅
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@bkiepuszewski
bartek.eth
1 year
Looks like people were too lazy to click on the Risks Tab on @l2beat so the team bumped the information from there to the main page 😜 You can still read about the details if you click on the "rosette"
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@bkiepuszewski
bartek.eth
2 years
My crypto-journey started 5 years ago with #Bitcoin , but seeing this I cannot help but thinking that it is slowly a lost cause - the community there have been taken over by clowns
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@bkiepuszewski
bartek.eth
1 year
Let me show you how to pull data from blockchain using storage diffs and why I think this is a game-changer for many apps. I will use a simple example: fetch @arbitrum whitelist of Validators that can submit fraud proofs πŸ§΅πŸ‘‡
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@bkiepuszewski
bartek.eth
10 months
After describing on-chain components of @worldcoin a lot of people asked what is the offchain infra. Given that it is not open-source, I can only rely on the documentation, but assuming that Orb does what it claims to be doing, this is how I see the whole system in one picture
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@bkiepuszewski
bartek.eth
2 years
Let's dive a little deeper into what @optimismPBC has actually done - they've announced "compression" that promises to significantly reduce L2 transaction fees for end users. How come ? πŸ§΅πŸ‘‡ /1
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@bkiepuszewski
bartek.eth
9 months
Stop saying @0xMantle is using EigenDA or is "powered by EigenDA". EigenDA does not even exist yet on mainnet. So, what is MantleDA and what is its relationship to the future EigenDA ? πŸ‘‡πŸ§΅
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@bkiepuszewski
bartek.eth
4 months
Many OpStack chains that used to post data to Ethereum seem to have started posting it elsewhere. Now to fetch full history you have to source data from more than one place. Do you think this trend will reverse with 4844 when posting data will be significantly cheaper ?
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@bkiepuszewski
bartek.eth
11 months
Learning how @0xPolygon zkEVM works can be quite daunting - there is so much going on there... for anyone interested, let me provide you with a quick overview and some links if you wanted to dive deeper πŸ§΅πŸ‘‡
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@bkiepuszewski
bartek.eth
2 years
Being an Ethereum Rollup is like having the strongest army in the world securing your estate. Becoming Cosmos chain you are are now protected by your token holders. Unless you use "interchain security" (upcoming feature) in which case you pay $ATOM holders for protection.
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@bkiepuszewski
bartek.eth
2 months
My first take on @Blast_L2 and the risk of your deposits there. The idea to invest your funds put in a bridge is not new, but Blast takes it to the new level (in terms of TVL, at least) πŸ‘‡πŸ§΅
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@bkiepuszewski
bartek.eth
5 months
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@bkiepuszewski
bartek.eth
6 months
Posting data to DA layer such as @CelestiaOrg is clearly different from posting data to a computer in your uncle's basement. We should stop with this false dichotomy of onchain/offchain data. What matters are trust assumptions and security guarantees that come with them
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@bkiepuszewski
bartek.eth
4 months
If you value transparency, integrity and honesty and you have been always genuinely interested in researching Ethereum architecture and L2s, do consider joining the @l2beat team instead of just being a lurker😜. There has never been a better time πŸ”₯
@l2beat
L2BEAT πŸ’—
4 months
Exciting opportunity at L2BEAT! πŸ’— We're seeking an L2 Researcher who will collaborate daily with our top-tier Ethereum experts, placing you at the heart of the latest developments in this field! Apply here πŸ‘‰ πŸ” Your Role: - Investigate and analyze…
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@bkiepuszewski
bartek.eth
5 months
TL/DR - If an upgrade has 10 day delay but your forced transaction has 15 day delay you will not be able to exit from a Rollup when malicious upgrade is pushed and your withdrawal transaction is censored (forcing you to use L1 forced tx mechanism). Have a look at some examples:
@l2beat
L2BEAT πŸ’—
5 months
New Risk Rosette update! 🏡️ We’ve just updated the Upgradeability column into the Exit Window column! The exit window addresses the question: in the event of an unwanted (potentially malicious) upgrade, how much time is available for users to exit before the upgrade is…
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@bkiepuszewski
bartek.eth
5 months
We should not underestimate value of being able to verify Smart Contracts. @etherscan , even if it is centralised, is an important community public good. We need the same level of transparency for all public zk programs that are verified on Ethereum. Including zkRollups ofc.
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@bkiepuszewski
bartek.eth
1 year
3M$ liquidity provided 2.5 years ago to @omgnetworkhq was finally removed yesterday. OMG Network was undoubtedly one of the pioneers of scaling and one of the early implementers of Plasma. I guess now Plasma can be finally put to rest - all attention have moved to Rollups
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@bkiepuszewski
bartek.eth
2 years
1/ How serious was the recently disclosed @optimismPBC Optimism vulnerability ? Is there any chance that the fraud proof system could avert the potential disaster ? Is such vulnerability possible for zkRollups ? πŸ‘‡πŸ§΅
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