Emmanuel Awosika⚡ @eawosikaa Twitter profile | Pikagi

Pikagi

Emmanuel Awosika⚡

@eawosikaa

3,020

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Technical writer + researcher (Ethereum R&D). Learning machine. Crazy genius. Building @Ethereum2077 .

Georgia, USA

https://t.co/LlDrjCL1Yk

Joined November 2023

Don't wanna be here? Send us removal request.

Pinned Tweet

@eawosikaa

Emmanuel Awosika⚡

6 months

Sharing some quotes I’ve found useful on difficult days (where I’d rather curl up); pinning here as a reminder to current/future self to always push the limits: 1. “It’s important to note that words don’t move mountains. Work, exacting work, moves mountains.” — Danilo Dolci

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@eawosikaa

Emmanuel Awosika⚡

26 days

I read @paulg 's "Fierce Nerds" post () and my life wouldn't remain the same. I knew there and then that I definitely wanted to live the 360° experience and stop suppressing my ambition to do important stuff. And there's no way you're getting even one shot

@lightxvision

light

27 days

I want to hear stories of people going from shy, cold, introverted, disconnected, to warm, social, curious, open, playful, connection-oriented If this happened to you plz tell me about it

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@eawosikaa

Emmanuel Awosika⚡

1 month

Optimism is deploying fraud proofs soon, but it helps to have some context on why it's taken this long to have a fraud proof system for Optimism and OP Stack chains. Plus, it's TGIF and a good ol' story to close out the week never hurt anyone. Here's a mini-essay on the history

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@eawosikaa

Emmanuel Awosika⚡

1 month

Something Solana's recent troubles show you is that there's a skill to knowing how/when to say "oops" and give up quickly. It's possible someone says, "we're still early and can still unlock vertical scaling by increasing hardware requirements", but then you realize the same

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@eawosikaa

Emmanuel Awosika⚡

1 month

It's an injustice @apolynya isn't here to witness the Solana drama. Polynya's article on the inefficiencies of monolithic blockchains is still one of the best (down-to-earth, non-shilly, clear, concise) explanations for why the traditional scaling approach (e.g., "we'll just

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@eawosikaa

Emmanuel Awosika⚡

1 month

So, I see a lot of Solana vs. Ethereum debates on the TL, where Ethereum looks like the bland guy from Apple's "I'm A Mac, I'm A PC" ads and Solana looks like the opposite. Plus, the Superteam video has been getting a lot of press, too. Might as well get one rebound for Ethereum

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@eawosikaa

Emmanuel Awosika⚡

1 month

Okay. This is going to be another of those long threads (this is a nerd-feed, after all). Here's the summary: I think we need to think about creating incentives for L2s to decentralize--not just asking projects to do it out of a sense of altruism or "do it, and we'll say you're

@daddysether

liam 📜

1 month

L2s are the most sustainable solution to scalability, but their hidden superpower is their ability to progressively decentralize. I'm looking forward to the day when we see the first L2 protocol successfully achieve stage 2 decentralization. Ignore the FUD, and study @l2beat .

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@eawosikaa

Emmanuel Awosika⚡

17 days

The amount of Ethereum FUD that circulates on crypto-Twitter--because core Ethereum developers aren't chronically online--is crazy. I bet more people are hesitant to tweet inaccurate info about Solana tech and governance these days because @0xMert_ and @aeyakovenko are waiting in

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@eawosikaa

Emmanuel Awosika⚡

12 days

Bitcoin doesn't have L2s. At best, you'll have a sovereign chain posting state roots to Bitcoin and masquerading as an L2. You can't even have true optimiums/validiums in the Bitcoin ecosystem unless Bitcoin supports smart contracts (I'm hearing OP_CAT convenants might enable

@januszg_

janusz

12 days

Tried using some Bitcoin "L2s" today: -Some don't enable withdrawals -One bridge let me deposit w/o putting an EVM address so I bridged some sats into the abyss -Pretty high fees compared to Ethereum rollups -One chain's sequencer is down 😅

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@eawosikaa

Emmanuel Awosika⚡

7 days

So, I've seen a couple of comments to the post I'm quoting along the lines of "You can't say the @BanklessHQ crew is detrimental to Ethereum, especially after all the work they've done to educate people about Ethereum and push the Ethereum L1/L2 narrative." That's a valid

@eawosikaa

Emmanuel Awosika⚡

8 days

Would it be controversial to describe Bankless as a fifth column where Ethereum is concerned? I'll say half of the problems around Ethereum's public sentiment comes from shilling unsound narratives--narratives that can be easily dismantled--and making Ethereum look bad.

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@eawosikaa

Emmanuel Awosika⚡

1 month

Non-interactive fraud proofs solved these problems by requiring a single transaction (which produced the disputed result) to be re-executed in a sandboxed environment on Ethereum L1. Ethereum was the referee here and needed to do more work to settle disputes (re-executing a

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@eawosikaa

Emmanuel Awosika⚡

13 days

Not everyone realizes how important getting Distributed Validator Technology (DVT) is right now, except for the Ethereum Cypherpunks who are very obsessed with geographical decentralization and building World War III-resistant infrastructure. Every other chain basically doesn't

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@eawosikaa

Emmanuel Awosika⚡

1 month

The thesis here is quite simple: 1. Solana has cultivated a reputation for performance (aka "fast and cheap") that Ethereum cannot match...not until years of R&D into SNARKifying the EVM pay off. In the meantime, there are things--useful things, I must add--that you can do on

@eawosikaa

Emmanuel Awosika⚡

1 month

A successful (Ethereum-aligned) Monad might be Ethereum's best answer to Solana and a net win for the EVM scaling ecosystem.

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@eawosikaa

Emmanuel Awosika⚡

8 days

There's this prevalent idea that Solana is "better" at scaling because it has gud tech and Ethereum L1/L2s don't have gud tech. But you do realize that *anyone* can build a high-throughput chain if you're willing to make a different set of tradeoffs? For example, I can tune up

@chudibruno

chudi

8 days

@llamaonthebrink @0xMert_ "Okay so what you're saying is that L2s have to be expensive so that you can say they suck for being expensive but if they are cheap they suck because no one wants to use them? Cool." Basically yes, Eth L2s don't scale as efficiently as Solana does at peak demand, which is the

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@eawosikaa

Emmanuel Awosika⚡

24 days

Men will feign ignorance than study network effects theory. "Why do people still invest in EVM/Solidity?" is the same as asking: - "Why do people still invest in JavaScript?" - "Why do people still invest in Python?" - "Why do people still invest in Rust?" I've never written

@EffortCapital

D

24 days

As a non-dev, I’m still very confused as to why this industry keeps investing in the EVM/solidity. What am I missing? Truly. I need a legitimate answer.

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@eawosikaa

Emmanuel Awosika⚡

8 days

Ethereum has both.

@pythianism

Vance Spencer

9 days

Would you rather have the best tech or best community?

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@eawosikaa

Emmanuel Awosika⚡

23 days

I bet people watch Stripe debut Solana payments and think "How I wish Ethereum too was about doing fintech partnerships". But then, no wants to do fintech partnerships with a project that's "run by a bunch of shadowy supercoders who don't even have a Head of Investor Relations".

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@eawosikaa

Emmanuel Awosika⚡

7 days

I'm Batman, justice for Ethereum. They think I'm hiding in the shadows, but I am the shadows. I am the night. I am vengeance!

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@0xRaghav

Raghav Agarwal

7 days

It looks like @eawosikaa has decided to single handedly defend the Ethereum core community, R&D, narrative and ethos since most folks moved to Farcaster.

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@eawosikaa

Emmanuel Awosika⚡

13 days

TIL you need ~$30 million to be a validator on the Sui network. 🤯

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@eawosikaa

Emmanuel Awosika⚡

12 days

The unknown fact about this list? Ethereum is the only protocol with all three ideal attributes: values, tech, and community. Built different. 🧘‍♂️

@zen_llama

ZenLlama

12 days

Ethereum - Values Solana - Tech Monad - Community

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@eawosikaa

Emmanuel Awosika⚡

18 days

People are really taking this Ethereum-alignment thing seriously, uhn? I could've sworn it was a meme ETH bois made up. I mean, it's very hard take a community seriously if it displays a very naive brand of idealism and shows a hopelessly-out-of-touch-with-reality desire for

@LidoFinance

Lido

18 days

Use of the supermajority Execution Layer client (Geth) across validators on Lido has fallen from 93% to 46% since 2022, with considerable progress made in the last three quarters 📉

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@eawosikaa

Emmanuel Awosika⚡

1 month

I'm very sure Avalanche said the Snowman consensus protocol was going to solve blockchain scalability trilemma once and for all. And don't forget NEAR said it solved shard consensus--something Ethereum tried and abandoned--and was going to bring true scaling. The last time I

@CryptonomiKhan

CryptonomiKhan: Enemy of Centralized Systems

@CryptonomiKhan

1 month

@eawosikaa @apolynya Vertical scaling is natural and will occur for *all* networks over time, it was/is extremely lazy approach to scaling. If you *need* to scale, you have to implement horizontal scaling, of which there are many ways to do, whether monolithic or modular. Rollups aren’t the *only*

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@eawosikaa

Emmanuel Awosika⚡

5 days

I think Lawrence's post also points out a cognitive dissonance that exists in Ethereum-land as well. We cannot claim "Ethereum is a platform for decentralized, programmable computation" (i.e., a tech project) and simultaneously overfixate on "Ethereum as the chain that issues a

@functi0nZer0

laurence

6 days

This is always such a fun bit of dissonance given that Bitcoiners are the group *least* likely to use their base asset to actually make daily payments, especially if they adhere to the 'it's going to a million each' thesis You can't push the 'it's a store of value/inflation

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@eawosikaa

Emmanuel Awosika⚡

1 month

Okay, let's imagine this is an engineering problem as @0xMert_ pointed out in a reply to one of my tweets. Here's my question: If we're going to solve L1 scaling by increasing hardware requirements to infinity, at which point do we look in the mirror and (honestly) ask: "Are we

@AndreCronjeTech

Andre Cronje

@AndreCronjeTech

1 month

Seeing a lot of "I told you so's" against Solana, because *checks notes* Solana currently has so much demand for blockspace that they need to optimize some bottlenecks (which also btw, is just an engineering hurdle and not a fault of consensus or any critical component). Victim

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@eawosikaa

Emmanuel Awosika⚡

16 days

So, while I've been doing my daily rounds of fighting FUD, I'm always heavy on people building cool tech (without trying to FUD every other project to death). Which is why I know I need to add @EclipseFDN to the list of the newer, more exciting projects coming out of the Ethereum

@eawosikaa

Emmanuel Awosika⚡

20 days

Y'all heard @chainyoda : no more vaporware L2 and L3 projects. The rollup-centric roadmap is an opportunity to do the same types of cutting-edge experiments alt-L1 blockchains are doing...without having to deal with problems like poor economics (e.g., improperly designed token

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@eawosikaa

Emmanuel Awosika⚡

24 days

Men will praise privacy projects that have zero paths towards balancing financial privacy and compliance (yes, we need to design privacy tools with compliance in mind) than accept that Ethereum is actually laying the groundwork for financial privacy that people can actually use.

@ChrisBlec

Chris Blec

24 days

Monero may be all we’ve got.

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@eawosikaa

Emmanuel Awosika⚡

5 days

"You mean Ethereum L1 will support 32MB blocks in the future without inducing data availability attacks and (massively) increasing hardware requirements for validators?" YES, DAS THE POINT OF DANKSHARDING.

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@eawosikaa

Emmanuel Awosika⚡

20 days

@idavidrein The problem here is obvious: if you're the type to look at the details in front of you *objectively* and not make any assumptions based on things you can't verify, it's hard to switch to "I'll infer some details from very ambiguous statements and actions" like people want to do

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@eawosikaa

Emmanuel Awosika⚡

24 days

(Quoting for visibility). First, Lido's share is under 29% per @lidodominance . But the more important metric I'm concerned about is that Lido has made *credible* moves to decentralize and reduce the impact of protocol issues on the Beacon Chain. For example, you have Simple

@SEJeff

Jeff Schroeder | haxx

25 days

@eawosikaa And LIDO is around 30-33% of ethereum, I’m hearing?

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@eawosikaa

Emmanuel Awosika⚡

27 days

I've described @a16zcrypto as an "Ethereum-aligned VC" (my made-up term for VCs that contribute *visibly* and *positively* to the Ethereum ecosystem), and my respect for that organization just went up a notch after reading the quoted tweet. Even if crypto casino culture made

@milesjennings

miles jennings

27 days

Championing crypto casino culture as an expression of individual freedom isn't a principled view when held by people that are simultaneously positioning themselves to profit from the activity.

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@eawosikaa

Emmanuel Awosika⚡

1 month

I realize everyone has been overindexing on decentralized sequencers because we don't actually know what role the sequencer plays in an Ethereum L2. I used to think @arbitrum taking the pains to explain the sequencer's (limited) powers, especially what a malicious sequencer can

@KyleSamani

Integrated Kyle e/acc

1 month

What happens first A) a major Ethereum L2 implements permissionless, decentralized sequencing B) Solana L1 implements concurrent block production

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@eawosikaa

Emmanuel Awosika⚡

1 month

Bankless is doing what 0xMert is doing for Solana. What Balaji and Michael Saylor does for Bitcoin. What ChainLinkGod did (and is now doing under a different name) for Chainlink. I can add more examples, but you get the idea--you need someone to do the public service of

@MattDevin6

Matt Devin

1 month

@eawosikaa A critique of ETH’s L2 centric roadmap is very much a critique directed at the infra-VC’s funding behavior and a large part of ETH community’s attitude towards scaling L1.Just in the bear market, you could hear Bankless bragging about how high fees are good for the ETH asset.

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@eawosikaa

Emmanuel Awosika⚡

8 days

Some notes from listening to my @zeroknowledgefm episode (Ep323 w/ @annarrose , @tarunchitra , and @gakonst ): 1. People in crypto have a problem where they think features should be companies. Having a parallel EVM in a vacuum is not fundamentally defensible. That's a technique you

@eawosikaa

Emmanuel Awosika⚡

8 days

@tarunchitra on ZK FM: "I don't get the idea of designing blockchains that can survive World War III. Wouldn't electricity (which powers nodes operating the chain) be the first thing that goes off when World War III starts?" Giga-nerds 🤝 deadpanning and spoiling the fun.

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@eawosikaa

Emmanuel Awosika⚡

1 month

I imagine the average Ethereum researcher logs into Twitter and sees someone saying "This is what Ethereum needs to do about X [insert perceived solution to existing problem]" and goes: "Blimey, why didn't I think of that before? That is such an amazing solution, and I think you

@eawosikaa

Emmanuel Awosika⚡

1 month

@blurrCrystal I was actually today years old when I realized Solana didn’t have a fee market mechanism (after reading through @ufukaltinok 's great overview). Methinks a lot of competing protocols (e.g., Solana and other alt L1s) often do the "X doesn’t matter, so we removed it from our stack

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@eawosikaa

Emmanuel Awosika⚡

6 days

Reth is going to be Ethereum's answer to Firedancer. That's the tweet.

@eawosikaa

Emmanuel Awosika⚡

6 days

@JordanLesich @gakonst Exactly! Maybe I should be getting in touch w/ @gakonst more, so I have Reth R&D content to do tech bullposting lmao. And I can say "we'll make the chain go fast, Ethereans!"

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@eawosikaa

Emmanuel Awosika⚡

2 months

PSA: If you ever find yourself reading a research report, or research article, or deep dive and at some point this week, and the thought “I must be dumb for not understanding this concept” or “maybe only certain types of people should understand it” creeps in, please reject it

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@eawosikaa

Emmanuel Awosika⚡

16 days

I could honestly care less if "legendary devs/researchers" have lost interest in Ethereum. You see @VitalikButerin ? He's been doing Ethereum R&D since 2014. In 2024, he's still doing Ethereum R&D. If Vitalik is still interested in Ethereum today (and I mean, deeply interested) 10

@fabgenovese

Fabrizio Romano Genovese

17 days

@eawosikaa @0xMert_ @aeyakovenko As for point 2, again speaking for experience. I've started gravitating into this space in 2016, started working part-time in 2017 and fulltime on it in 2018. Many of the most legendary devs/researchers I've met along the way have lost interest in Ethereum.

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@eawosikaa

Emmanuel Awosika⚡

2 months

"We love and respect EF researchers"...until EF researchers propose a change I think will affect the value of the ETH I hold in my bags. Today is a good day to start calling out the trend of anti-intellectualism that's slowly permeating the discourse around the issuance curve

@JimmyRagosa

Jrag.eth

2 months

I love and respect EF researchers. We would not be where we are without their precious work and they'll keep on being very valuable. But goddamnit, sometimes, they can't read the room!

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@eawosikaa

Emmanuel Awosika⚡

4 days

That's rich coming from a project that's bought out paid ads on Reddit and Twitter all saying "Switch from EVM to Solana". Doesn’t look Aptos is doing anything out of the ordinary, if they're working with the Solana playbook.

@0xMert_

mert | helius | hSOL

4 days

just realized other chains are now *checks notes* posting jobs targeted exclusively at onboarding other chains' developers 😭 guys I will give you a hint: this is not the way to do that

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@eawosikaa

Emmanuel Awosika⚡

1 month

Here's the thing: Today, everyone feels like Ethereum researchers aren’t "doing enough to scale L1". This is something only a person who thinks crypto-Twitter is a half-decent research resource. Remember there was a time we thought Ethereum needed 64 execution shards, each

@MattDevin6

Matt Devin

1 month

@eawosikaa We all acknowledge the human constraint of competing against computers on numerical approximations. Should we all just give up on teaching maths? Just because L2 can scale more, it doesn't justify giving up on L1 scaling when L1 scaling can help to improve L2 scaling.

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@eawosikaa

Emmanuel Awosika⚡

8 days

I didn’t initially understand when people said "Vitalik needs to come back to Twitter". Surely, Vitalik is but a man and Ethereum can survive if one person is MIA on Twitter? But it turns out that Vitalik's absence makes it easy for money crypto people to hijack the discourse

@eawosikaa

Emmanuel Awosika⚡

8 days

The majority of individuals shaping public opinions about Ethereum and spreading protocol narratives are: 1. Hopelessly elitist (pretty sure we could build a blockchain out of the blocks they've handed out so far) and immune to social accountability 2. Technically limited and

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@eawosikaa

Emmanuel Awosika⚡

16 days

Quoting @KyleSamani 's tweet with my response since this is basically the Ethereum FUD cheatsheet: FUD client diversity, FUD Ethereum L2s, and FUD the EVM. Turns out Kyle needs to integrate new information and form a new mental model of Ethereum--and we have that information

@KyleSamani

Integrated Kyle e/acc

16 days

@GrennHouseGas @eawosikaa @0xMert_ @aeyakovenko 1) going for 10 clients teams this early is bad. reduces velocity 2) roll up centric roadmap fragments UX and standards, increases liquidity costs, etc 3) not focused on actually improving the EVM. discussions about parallel EVM go back to 2016, and there has been ~0 progress

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@eawosikaa

Emmanuel Awosika⚡

1 month

Escape hatches are a critical part of a rollup's system for protecting users from the threat of bad actors and influence censorship resistance in Ethereum L2s. But we don't talk about escape hatches enough, despite the significant implications for the security of assets bridged

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@eawosikaa

Emmanuel Awosika⚡

22 days

The amount of psyops I see on this app is amazing. First, Avalanche fails at implementing a permissionless slashing mechanism (skill issue?). Then the protocol's designers turn around and say "Slashing doesn’t matter because of some vague concept we decided to call toxen

@toghrulmaharram

Toghrul Maharramov 🇺🇦

@toghrulmaharram

22 days

The more time passes, the more I start to agree with @kevinsekniqi that slashing is not necessary for protocol security.

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@eawosikaa

Emmanuel Awosika⚡

24 days

Ansem endorsing @lagrangedev ? Now, I didn't see that one coming. But maybe I *did* see it coming: I don't know anything about product-market fit, but Lagrange is perhaps the only crypto project I've seen and my immediate reaction was "This is really good tech designed to solve an

@blknoiz06

Ansem 🐂🀄️

25 days

Narratives Most Popular: Memes, Ordinals Least Popular: ZK Most Underrated: RWA, SocialFi, NFTs Overcrowded: ETH + ETH DeFi Most Upside (pre-product): AI, altVM rollups Sleeper Trade: Fantom w/ sonic upgrade Cool stuff idk how to explain: lagrange, anoma, firedancer

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@eawosikaa

Emmanuel Awosika⚡

6 days

"Users don't care about decentralization" is another psyop you'll see, and we need to address that myth head on. So, we'll have a good Sunday TED talk to round off another day of Ethereum educational defense. Users don't come out to say "I care about decentralization", but you

@BenDove1354777

Silly Billy

@BenDove1354777

6 days

@CloudSea_Pirate @lamedoteth @0xMert_ @eawosikaa Eth can be run on any machine (less barrier to entry so ^ decentralization potential) and you don’t have to be subsidized. Cool. No one gives a single shit about that. What matters is meeting users where they’re at and creating experiences for them. Sol is decentralized enough

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@eawosikaa

Emmanuel Awosika⚡

11 days

I must be really turning into Mert on this app. 😭

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@eawosikaa

Emmanuel Awosika⚡

1 month

At first, I couldn't understand why I'd spend two hours of my life (which I'll never get back) replying a random post on Ethereum Magicians. But this post shows the value in calling out falsehood (read: BS), even if it feels weird and stressful to do so. This post has 1:1

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@eawosikaa

Emmanuel Awosika⚡

8 days

The majority of individuals shaping public opinions about Ethereum and spreading protocol narratives are: 1. Hopelessly elitist (pretty sure we could build a blockchain out of the blocks they've handed out so far) and immune to social accountability 2. Technically limited and

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@eawosikaa

Emmanuel Awosika⚡

13 days

This is what bullposting for Ethereum R&D looks like. See? We're bringing back what makes Ethereum truly special: the sheer brilliance of researchers all working together to solve hard engineering problems and create primitives that advance the original blockchain vision and

@CloutedMind

Clouted

14 days

its been a while since i went to a proper ethereum conference and just like every time before, this past week at ETH Global has re-affrimed how far ahead the ethereum ecosystem is in every way the research and applications being done within this ecosystem are years ahead, and

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@eawosikaa

Emmanuel Awosika⚡

15 days

What if Celestia dropped the "Ethereum-alignment" and the "we're not competing with Ethereum" lines and decides to become the next-gen settlement layer for rollups? This isn't super difficult: 1. Introduce some execution to the Celestia, so it can verify validity proofs. This is

@eawosikaa

Emmanuel Awosika⚡

15 days

@zen_llama Sure! I don't think full Danksharding will exactly compete with Celestia's 1GB blocks. And a STARKified L1 makes sense when you have multiple based validity rollups ( @jon_charb alluded to this endgame in his Hitchhiker's Guide To Ethereum post). But it's very possible to

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@eawosikaa

Emmanuel Awosika⚡

8 days

Okay, this is getting serious. I thought we were on the same side, guys? 😭

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@eawosikaa

Emmanuel Awosika⚡

11 days

I must be really turning into Mert on this app. 😭

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@eawosikaa

Emmanuel Awosika⚡

16 days

Quoting another tweet from @KyleSamani since this one is straight out the Ethereum L2 FUD cheatsheet: FUD L2 bridges, FUD sequencers, FUD data availability, and FUD rollup scaling. It seems like we have more information to integrate in order to form the correct mental model of

@KyleSamani

Integrated Kyle e/acc

16 days

@eawosikaa @aeyakovenko @0xMert_ @GrennHouseGas now all you have to do is guarantee that bridge contract doesn't have any bugs and decentralize the sequencer and scale DA and scale execution

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@eawosikaa

Emmanuel Awosika⚡

23 days

@amandacassatt Now, why would anyone want Proof of Work if they wanted the best for Ethereum? They realize the network needed to ditch that "energy guzzling casino" brand, right?

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@eawosikaa

Emmanuel Awosika⚡

1 month

Every time I see a post where someone suggests we have too many L2s (I think we do, but that's not the problem here), I want to ask if they realize the L2 wave is precisely how normal free markets work? I have no degree in economics, but I don’t think there's anywhere in history

@0xMarcB

Marc Boiron

1 month

Ethereum’s biggest problem is cannibalizing itself continuously via all L2s competing over devs, users and liquidity rather than competing outside of the Ethereum ecosystem. Microeconomics 101 would tell you this is a bad strategy. I don’t have the answer but it needs to be

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@eawosikaa

Emmanuel Awosika⚡

13 days

I listened to the Kendrick vs. Drake diss tracks and this is what it taught me about ERC-6900 vs. ERC-7579 🧵: Diss tracks are opinionated. Diss tracks force both artists to refine their delivery and sharpen their arguments. When done correctly, diss tracks are a net benefit for

@eawosikaa

Emmanuel Awosika⚡

13 days

1. EIP-3074 vs. ERC-4337 vs. RIP-7560 2. ERC-6900 vs. EIP-7579 3. ERC-1155 vs. ERC-6909 4. ERC-20 vs. ERC-777 Choose your champs.

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@eawosikaa

Emmanuel Awosika⚡

23 days

The calls I’m seeing for the ACD to implement a "conflict-of-interest" policy (as part of the debate around EIP-3074) is evidence we still haven't grasped Ethereum's essence. Spoiler: Ethereum isn't your average VC-backed project that looks no different from your Silicon Valley

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@eawosikaa

Emmanuel Awosika⚡

6 days

> We spent majority of last two years being told by Eth people I wouldn't be quick to say "Ethereum people" because I realize now that what people on CT think is "Ethereum people" is just another (albeit very public/loud) subset of the Ethereum community. And I can tell these

@SolBeachBum

Sol Beach Bum | X🔥💃🏻

7 days

@eawosikaa We spent majority of last two years being told by Eth people that Sol was heavily centralized, had an on/off button, was run by SBF, fake transactions, no innovations beyond beefing up the hardware etc etc I think Eth has taken a lot of flack over the last year or so, but I feel

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@eawosikaa

Emmanuel Awosika⚡

26 days

"We always believed crypto was always a casino--we just pretended to agree with those utter fools intent on changing the world with cryptography and state machines, to avoid backlash from the damned idealists and new-age Cypherpunks. Now that everyone is into memecoins, and the

@hosseeb

Haseeb ＞|＜

2 months

VCs who are investing in memecoins: what are you telling your LPs? (Bonus points if you're not telling them)

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@eawosikaa

Emmanuel Awosika⚡

16 days

@KyleSamani @0xMert_ @aeyakovenko Bankless is nothing like Mert--have you seen Mert's tweet and ever thought "this man isn't familiar with the tech at a fundamental level and is just reading from a script"? I know I haven't, but I have had that feeling reading stuff from the Bankless group. That I don't who

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@eawosikaa

Emmanuel Awosika⚡

11 days

The worst thing to ever happen to Ethereum was modular maxis co-opting the rollup-centric roadmap and turning it into an opportunity to build one million chains--even if no one has said we need one million chains immediately, or that a handful of chains won't serve us well.

@0xjaypeg

jay

11 days

We have 100+ L2s now - 52 active L2s - 42 upcoming L2s - 11 L3s When I took econ 101 my biggest takeaway is that companies will continue hiring until the marginal net revenue (per employee) is <= 0 Likewise, until the default L2 valuations sink low enough, we are just going to

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@eawosikaa

Emmanuel Awosika⚡

1 month

Every time I say "fraud proofs" instead of "fault proofs" in writing, I can almost feel @maurelian_ (sternly) staring down at me like a math teacher who can't fathom a student's inability to know 2+2=4. But something about saying "fraud proofs" feels *different*--like we're

@liamihorne

liam.eth

1 month

Good summary of some history of fault proofs

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@eawosikaa

Emmanuel Awosika⚡

1 month

Vitalik: "It's not a stretch to think we might be able to generate ZK proofs for Ethereum L1 blocks in a few (1-2) years." L1 ZK-EVM is (currently) moon math, but we're going to crack the code soon enough.

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@eawosikaa

Emmanuel Awosika⚡

11 days

Crypto seems to be the only industry where you can say "I want to scale my application (e.g., by deploying on a separate chain)" when your app hasn't seen real-world usage that necessitates scaling. Is it normal to make product decisions in a vacuum in other industries?

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@eawosikaa

Emmanuel Awosika⚡

16 days

> So, the real reason for the FUD on Ethereum is that Ethereum has been a cultural/intellectual powerhouse for years and it is definitely losing this advantage now. And mind me not because other projects are doing better, it's just that ETH is loosing steam. This is from the

@fabgenovese

Fabrizio Romano Genovese

17 days

@eawosikaa @0xMert_ @aeyakovenko So, the real reason for the FUD on Ethereum is that Ethereum has been a cultural/intellectual powerhouse for years and it is definitely losing this advantage now. And mind me not because other projects are doing better, it's just that ETH is loosing steam.

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@eawosikaa

Emmanuel Awosika⚡

9 days

When are we going to talk about the lack of client diversity in Ethereum L2s? AFAICT many rollup teams are just forking Geth and don't bother to build custom versions of other clients (Erigon, Nethermind, Besu, etc). Or the supermajority risk doesn't apply to L2s?

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@eawosikaa

Emmanuel Awosika⚡

1 month

I believe someone (was it @TimBeiko ?) said something about giving out Nobel Prizes to people with contributions to the Ethereum ecosystem. If we ever decide to give out Nobel Prizes, @sassal0x needs to be on that list. Why? I'll explain using the quoted tweet as an example. If

@sassal0x

sassal.eth/acc 🦇🔊

1 month

Ethereum layer 2's are ready and willing to process your transactions today - and on the cheap too!

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@eawosikaa

Emmanuel Awosika⚡

14 days

"Refusing to scale the L1 is weak". I can totally see why cutting centralization corner in the playbook and compromising on safety/liveness by optimizing consensus for scale and not decentralization + security makes you "strong". Surely, it must take extreme effort to fork Geth

@Justin_Bons

Justin Bons

15 days

Resist the L2 narrative that is being pushed right now Refusing to scale the L1 is weak; often motivated by short-sighted greed Blockchains can scale to meet global demand without sacrificing decentralization! This fact is a thorn for L2 advocates; let's keep reminding them!

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@eawosikaa

Emmanuel Awosika⚡

25 days

I wrote a deep dive on shared security a while back and explained why EigenLayer, Polkadot, and Cosmos are all the same thing (with minor differences). Restaking has the same property (security-providing chain can protect security-consuming chain through the threat of

@nickwh8te

Nick White 🤳✨

25 days

Unpopular opinion: Polkadot was the first restaking protocol.

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@eawosikaa

Emmanuel Awosika⚡

7 days

Solana manlets would know a thing or two about dishonest marketing, though. Does seeing people twist data to fit a narrative make you want to scream in frustration? Yeah, right--that's what seeing (inaccurate) Ethereum FUD from Solana folks feels like. Welcome to the party. 🤠

@Tristan0x

Tristan

8 days

This is incredibly dishonest marketing 1. Solana block times are 400ms not 1s 2. How can Ton have 5x slower block times than Solana yet finalize faster. It finalizes in just 1.2 blocks? Lol 3. Solana has "very low complex transaction performance" - my brother in Christ we

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@eawosikaa

Emmanuel Awosika⚡

12 days

OH: Believing Bitcoin's Lightning Network is a Layer 2 (and comparing it to Ethereum L2s) is like believing the Earth is still flat in 2024.

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@eawosikaa

Emmanuel Awosika⚡

13 days

At this point, I'm certain every person who's serious about crypto has a "came for the money, stayed for the tech" story.

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@eawosikaa

Emmanuel Awosika⚡

22 days

Quoting this tweet since this is how more people can see it and know how much of a bad idea (openly) encouraging degeneracy in crypto is. Some rebuttals: > Degens are literally the driving force behind this entire industry No. Builders are the driving force of the industry.

@nickwh8te

Nick White 🤳✨

22 days

Degens are literally the driving force behind this entire industry They're the risk takers yeeting & yoloing into this new tech & these new markets, stress testing what we're building. Speculation drives innovation. Study Carlota Perez. Respect the Degens ✊

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@eawosikaa

Emmanuel Awosika⚡

20 days

Y'all heard @chainyoda : no more vaporware L2 and L3 projects. The rollup-centric roadmap is an opportunity to do the same types of cutting-edge experiments alt-L1 blockchains are doing...without having to deal with problems like poor economics (e.g., improperly designed token

@chainyoda

chainyoda

22 days

I want @megaeth_labs to be the last and final EVM layer 2 on ethereum and then we should only ship other programming environments like fluent, movement, fuel, risc0, cartesi and miden

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@eawosikaa

Emmanuel Awosika⚡

1 month

The question I usually ask myself if someone says "L2s are fragmented" is this: "Okay, let's humor you and take your word that we need a single, global state machine. Are you saying we can take app running on every Ethereum L2 right now, along with their users, put them on

@sassal0x

sassal.eth/acc 🦇🔊

1 month

The "L2's create liquidation fragmentation" narrative has always been very weird to me. Every chain is siloed off from every other chain - if you want to do something on Ethereum L1 and you're on a different L1, you have to bridge - there is no way around this. Yes, this isn't

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@eawosikaa

Emmanuel Awosika⚡

9 days

The amount of people doing the lord's work in crypto is staggering. Another team that doesn’t get enough props is the @ethdotorg team. is a massively useful and ever-improving resource for learning and onboarding to Ethereum. You should check it out!

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Home | ethereum.org

Ethereum is a global, decentralized platform for money and new kinds of applications. On Ethereum, you can write code that controls money, and build applications accessible anywhere in the world.

@MattFiebach

Matt

10 days

. @l2beat does gods work executed by some of the sharpest minds in crypto and doesn't get nearly enough love

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@eawosikaa

Emmanuel Awosika⚡

17 days

I guess @eigenlayer really took the idea of becoming Ethereum's Mad Science Lab™ seriously and cooked up something interesting? I haven't read the whitepaper yet, but I'm seeing @jon_charb going through a threadoor arc after getting nerd-sniped by EigenLayer's new(ish) design,

@eawosikaa

Emmanuel Awosika⚡

20 days

@GwartyGwart EigenLayer is Ethereum's Mad Science Lab™. So, I'd say to let them cook. Who knows? They might cook up some really amazing applications and features that get downstreamed to Ethereum L1 and L2s in the future. Also worth noting that great ideas almost always look like bad ideas

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@eawosikaa

Emmanuel Awosika⚡

14 days

It's not settlement if it's not on Ethereum. Sorry, not sorry.

@JTremback

jehan

15 days

@eawosikaa Why is “settlement layer” a prize worth going after? It’s literally just a chain that has a bridge to a particular rollup. Everyone can be a settlement layer for Celestia rollups.

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@eawosikaa

Emmanuel Awosika⚡

6 days

Launching a generic EVM L2/L3 (with no new features and zero credible commitments to decentralization) is the new "we'll raise money and launch a fast EVM L1 to compete with Ethereum". What's insidious about the L2 boom is that these chains are even worse than alt L1s ( @0xMert_

@MattDevin6

Matt Devin

7 days

@eawosikaa Yeah, but now they are just launching EVM forks as L2s instead of alt-L1s. You run into the same problems - a lot of generic chains that few really care about.

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@eawosikaa

Emmanuel Awosika⚡

1 month

Decentralization of L2s will be the next item to cook FUD with. And I fear a lot of that FUD will be legitimate because, while everyone agrees verifiability (fraud proofs, validity proofs, DA proofs, etc.) is necessary, it doesn’t look like decentralization has the same level of

@sassal0x

sassal.eth/acc 🦇🔊

1 month

Fraud proofs will be live on mainnet for all OP Stack chains in the near future Layer 2 haters - please start preparing your next fud narratives in anticipation of this Thank you

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@eawosikaa

Emmanuel Awosika⚡

6 days

Unsurprisingly, @gakonst is also one of the first people I've heard calling for more scientific/technical communication from Ethereum researchers/developers. You should read his post on Reth's plan to scale Ethereum L2s if you think "rollups can't scale":

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Reth’s path to 1 gigagas per second, and beyond

Reth’s performance roadmap and how we intend to scale Ethereum.

www.paradigm.xyz

@eawosikaa

Emmanuel Awosika⚡

6 days

@lifeofdanel Yes, yes! I think @gakonst is already doing a great job of communicating what Ethereum's roadmap will look like and it's one of the first times you see core developers talking about scaling in public. That's definitely the type of thing we want to do see more of!

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@eawosikaa

Emmanuel Awosika⚡

1 month

@blurrCrystal I was actually today years old when I realized Solana didn’t have a fee market mechanism (after reading through @ufukaltinok 's great overview). Methinks a lot of competing protocols (e.g., Solana and other alt L1s) often do the "X doesn’t matter, so we removed it from our stack

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@eawosikaa

Emmanuel Awosika⚡

5 days

PSA: If you know, deep down, that "ETH is ultrasound money" doesn't and has never meant anything to you (or made sense), consider taking off the bat signals. It's okay to be an Etherean without needing an emoji to signal membership of an in-group. Batman himself says so. 🤝

@eawosikaa

Emmanuel Awosika⚡

5 days

The bat emoji used to be fun--now, they're the equivalent of laser eyes. And we know what laser eyes mean. The laser eye PFP is pretty much the way you know you're dealing with someone who's deep into the cult of Bitcoin maximalism. Funny thing is the people using the bat

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@eawosikaa

Emmanuel Awosika⚡

11 days

Bitcoiners: Ethereum L2s are badly designed, centralized, and burden users with trust assumptions. But, we have a trustless, efficient L2 like the Lightning Network for people to use. LN is our secret weapon for (safely) onboarding the next billion people to crypto!" This joke

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@eawosikaa

Emmanuel Awosika⚡

21 days

Quoting this post on making Ethereum governance easy to follow with more resources for people to engage with the governance process. The only way to solve information asymmetries is to provide information, so here goes: 1. "What Is An Ethereum Core Developer?" by @hudsonjameson :

@eawosikaa

Emmanuel Awosika⚡

21 days

> I think ethereum governance should be more chaotic actually, like more off the rails, complex and hard to follow Erm, no. Keeping Ethereum's governance "chaotic" ≠ making Ethereum's governance "complex and hard to follow". Maybe someone out there is going to misconstrue what

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@eawosikaa

Emmanuel Awosika⚡

1 month

"HOW MUCH LIQUIDITY DO YOU NEED BRO?" That's the degen-approved way to convince people "liquidity fragmentation" isn’t the Pandora’s box of problems psyops agents from the alt-L1 landscape pretend it is. The people who are moving to Arbitrum are (gasp!) staying there because

@CloutedMind

Clouted

1 month

this ones for all the "fragmented liquidity on L2s is a problem" bros there is: $18B of liquidity on Arbitrum $7B of liquidity on Optimism $4B of liquidity on BASE $2.5B of liquidity on Blast HOW MUCH LIQUIDITY DO YOU NEED BRO? if youre trying to move 9 or 10 figs around on

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@eawosikaa

Emmanuel Awosika⚡

8 days

Escape hatches are not getting enough attention. Protocols like @0xFacet can have a longer (potentially indefinite) exit timeline. Rollups need escape hatches for emergency shutdown scenarios, but it doesn’t look like we're building secure + easy-to-use escape hatches yet?

@DistributedDoge

DistributedDoge

@DistributedDoge

8 days

@TheDevanshMehta I believe that PGN can prevent lion's share of 1.5mil from being frozen. They have power to upgrade bridge contracts as they please. We should put more weight in @eawosikaa , @l2beat preaching L2s need to make sure anyone can exit funds even if infra provider quits cooperating.

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@eawosikaa

Emmanuel Awosika⚡

14 days

Expect to see a lot of "bullposting, but for tech" type of tweets from this account owner going forward. Ethereum R&D needs to come into the spotlight (we do cutting-edge innovation and all that stuff here, too), and I'm here to help make that happen. 🤠 Not sure how it'll work,

@eawosikaa

Emmanuel Awosika⚡

14 days

@ufukaltinok @gakonst Lmaooo no. I guess it's usually difficult to think about all the people involved with a project when there's one "main" person that we see (sort of how people associate Vitalik with Ethereum R&D and Toly with Solana R&D). That's likely the same thing happening here. But, yeah,

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@eawosikaa

Emmanuel Awosika⚡

11 days

See? I said Ethereum governance is scrappy and chaotic (and fun!)...but it works. I've seen more debating and fighting (did some myself) over EIP-3074 vs. ERC-4337, but we're finally getting somewhere! Even @ThogardPvP likes EIP-7702! Rough consensus really works, people.

@potuz_eth

Potuz

11 days

ACD is a rollercoaster... a month ago we were in 4337, two weeks ago 3074 was included in the next fork, today 7702 is the big thing. Bitcoin maxis rejoice.

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@eawosikaa

Emmanuel Awosika⚡

12 days

Man, this is so disappointing. You mean I argued (for hours) with someone who thinks Lightning Network is a Bitcoin L2? I don't know if I should laugh or cry right now.

@bergealex4

Alex B

12 days

@eawosikaa @0xAndrewRiley There is a Bitcoin L2 it’s called Lightning

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@eawosikaa

Emmanuel Awosika⚡

26 days

Like I said elsewhere, 2017 - 2021 Ethereum had what is possibly the most ambitious roadmap I've seen since I started crypto research. Some research and development areas: - Ethereum-flavored Web Assembly (eWasm) and other EVM upgrades like EOF - Statelessness + state/history

@0xMert_

mert | helius | hSOL

27 days

the disagreement on my end is not that rollups are inherently bad it's that you should optimize the most fundamental layer first before layering on top of it it's not exactly a radical idea (see: any physical building ever) I can understand how Ethereum has to resort to

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@eawosikaa

Emmanuel Awosika⚡

1 month

A successful (Ethereum-aligned) Monad might be Ethereum's best answer to Solana and a net win for the EVM scaling ecosystem.

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@eawosikaa

Emmanuel Awosika⚡

20 days

Throwback to when someone (was it @CryptoIsCute ?) said: "People contesting for election to the Security Council have never written a line of code in their lives" or something like that. That has to be the wildest thing I've read in a while. 😭 Imagine you hit up your favorite

@samanthajmarin

Samantha Marin

@samanthajmarin

22 days

Non-technical DAO members voting on protocol upgrades

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@eawosikaa

Emmanuel Awosika⚡

1 month

Very coincidental that someone asks "what's your top criticism of L2-based tech?" and I say this: "(3) Need more L2s to show *visible* commitment to decentralize. Right now it doesn’t feel like some rollup teams have even *considered* the question of releasing multisig keys and

@hasufl

Hasu⚡️🤖

1 month

"(...) so far, we have been lenient and accepted any project as long as it claims to be "on a path to decentralization". By the end of the year, I think our standards should increase and we should only treat a project as a rollup if it has actually reached at least stage 1."

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@eawosikaa

Emmanuel Awosika⚡

1 month

This is how we do ourselves in every damn time. People do bad stuff → bad stuff makes money → people start rationalizing bad stuff because it makes money → more people do bad stuff → crypto gets a bad name. First, it was "speculation drives innovation" and now it's "meme

@belikewater893

Mel

@belikewater893

1 month

Soon, people will start to realise that meme coins & meme ecosystems is what the next creator economy looks like.. Last creator economy needed all the (VC backed) platforms plays to work. Creators relied on these platforms to give them the tools & distribution in exchange for a

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@eawosikaa

Emmanuel Awosika⚡

1 month

@gakonst and the Reth team have inspired (I think this started after the Reth's team blog post on post-Dencun EIPs) a new trend that should make Ethereum's network governance more transparent. Here, we see @ErigonEth publishing a list of EIPs considered for inclusion in the

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@eawosikaa

Emmanuel Awosika⚡

11 days

@0xMert_ @Melt_Dem @TrustlessState Why am I not surprised Mert is here? 😂

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@eawosikaa

Emmanuel Awosika⚡

7 days

The worst outcome for the Ethereum community is when having 🦇🔊 in your Twitter bio sends the same message as having a Laser Eyes PFP. Given we're heavy on ossifying L1, using ETH as a SoV, and overfixating on monetary policy, we *might* be heading down that road. Sad.

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@eawosikaa

Emmanuel Awosika⚡

12 days

On today's episode of Asking The Hard Questions™: How do we remove multisig dependencies from blockchain infrastructure projects? I'm more concerned about this question in the context of rollups (since multisigs are fodder for L2 FUD). The most credible paths towards removing

@colludingnode

c-node

12 days

one important question for all Ethereum infra projects: what's the path towards removing all multisig dependencies?

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@eawosikaa

Emmanuel Awosika⚡

9 days

Friendly reminder to rollup teams that "Ethereum rollup" means you've reached at least Stage 1 decentralization by EOY 2024 (~7 months away) @donnoh_eth has an informative article on the requirements for a Stage 1 rollup:

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