2022-10-07
Live from Wyoming
- An October 2022 special-edition AMA from his Wyoming ranch, opening with why he returned the Ethereum Classic Twitter handle but sent the followers to Ergo, and a Vitalik-impersonation bot Twitter refused to remove.
- Pitches verified tweets via DIDs as the fix for bots and impersonation, and rebuts the one-transaction-per-block myth about Cardano.
- A long, detailed geopolitical analysis of the Russia-Ukraine war and why a tactical nuclear strike is the closest the world has come since the Cuban Missile Crisis.
- Wide tangents on the Colossal thylacine and mammoth de-extinction, the Gillette clinic, quantum computing, input endorsers versus side chains, and a banter-filled second half with co-hosts.
72 entries
Opens October 7th 2022 with a special-edition AMA from his rough-and-rugged Wyoming ranch, testing new fiber-optic uploads.
Lists the news of the day, bridge hacks, the threat of nuclear war on a 90-to-180-day horizon, and fragile crypto markets, then notes he returned the Ethereum Classic Twitter handle without porting the 600,000 users.
He left ETC because a decision doomed the project's viability by chain volume, dapps, and community, and that it is not ethical to hand users to something becoming a scam pushing a post-merge Phoenix narrative.
The Ethereum Foundation gave itself billions in pre-mine to build, while ETC has no money, community, or network effect and is no longer downstream of Ethereum after the merge.
He sent the 600,000 followers to Ergo, Bitcoin's spiritual successor building NIPoPoWs with a fair distribution and no pre-mine, and that a good community should be able to rebuild a Twitter handle.
Recounts reporting a hacked verified account impersonating Vitalik Buterin to advertise a merge giveaway scam, and Twitter emailing back that it does not violate their terms.
Asks Twitter staff whether an impersonating verified account stealing money is fair use, noting half his replies are bots so moving bots between ETC sides changes little.
Recalls pitching verified tweets to Jack Dorsey a year ago, uploading a DID to your account so you sign every tweet, unforgeable even if Twitter is hacked.
After the 2020 Biden and Obama verified-account hack, a DID with keys in your possession means only you can sign, and anyone can get one via KYC like a Coinbase exchange, creating an open democratic verification system.
Atala Prism, Hyperledger Indy, Microsoft products, and the DIF support this, adding two-factor auth, access control, and a payments namespace for tipping and monetization.
Argues social media has no incentive to solve bots since financial incentives favor inflating user numbers for ad money, selling ads to robots, in the age of dishonesty.
Credible VCs and engineers claim Cardano does one transaction per block with no DeFi, while the community shows transaction IDs doing 216 events for under 1 ADA in one transaction, a much higher effective TPS.
The world behaves as it does because someone makes money for it to work that way, and once you understand that, everything makes sense.
On Solana NFT royalty avoidance, says verifying semantical correctness when code is law requires formal methods, without which people will bypass royalty rules, rational behavior like BitTorrent piracy.
Says if a nuclear strike happens the whole economy collapses at least temporarily, with the stock market already down 9 trillion and likely to fall 30 to 40 percent more.
Begins a Ukraine analysis, saying Russia's first mistake was assuming Ukraine's government would collapse in two weeks, so they undersupplied and got encircled.
Russia's second mistake was assuming Ukraine would not get countermeasures, and the third was overrating an incompetent officer class with mass insubordination and generals on the front line.
Russia's conventional options are shrinking after a failed 300,000-troop mobilization and failing Wagner mercenaries, so troops get massacred as Ukraine retakes territory.
Argues Putin's undersupplied winter armies will freeze, so his last option is a tactical nuclear strike, feigning that annexed territories justify nuclear defense to force Ukraine to negotiate and stall for winter.
The US and NATO are not drawing a clear red line, so in 90 to 180 days a small-scale nuclear test or battlefield use is possible, the closest to nuclear war since the Cuban Missile Crisis.
Geopolitics requires nuance that gets compressed into good versus evil, but involves hundreds of millions of people, fragile egos, and broken incentives where Putin's, Biden's, and the global order's incentives all differ.
It would be a big win for Biden if Putin went before the November election, and that everyone acts on their incentives while the public watches as Monday-morning quarterbacks with propaganda on every side.
Even if Ukraine wins, its central government may not survive or civil war could break out given corruption and front-line grievances, in a war of aggression Russia started for one man's ego.
Hundreds of developers on the core team write the infrastructure, plus 300 to 400 of 1,200 projects actively developing per the GitHub repos.
Russia knew the US would get involved but assumed Ukraine's government would rule in absentia from Switzerland, which is why the CIA tried to evacuate Zelensky early.
The US planned a mujahideen-style resistance like 1980s Afghanistan, not anticipating Ukraine fighting hard, Russia's ineffectiveness, or the government staying to inspire people, and that Putin's FSB told him what he wanted to hear.
Leaders in echo chambers who kill dissenters hear only good things, like officers fragged during Vietnam under a conscript army.
He gets near-daily briefings on Ukraine with people still there and formerly in Russia, unlike keyboard-warrior geopolitics experts.
The 340 min-fee is not from Aggelos's paper but is necessary to avoid spamming attacks like Zcash's, intended to be replaced by tiered pricing and a microtransaction side channel bundled with Babel fees in input endorsers.
He got briefings before the 2014 Ukraine events, and that the Rothschild he knows, David, is into ecological work like the Plastiki rather than the New World Order.
He was surprised crypto fell with US markets after CPI instead of being counter-cyclical, that the US dollar is up 22 percent as the best of the worst, and that a global reset could come from a nuke or other crisis.
Recommends Obsidian's open-source interface for linking ideas and building a life dashboard, comparing it with Notion.
Notion is top-down where you categorize first while Obsidian is bottom-up where you note first and categorize later, which suits how he thinks but can get fragmented without meticulous metadata.
Time heals a broken heart, and that objectively you realize it was not all it was cracked up to be and you grew apart, so every breakup got him to a better place.
Advises using the time to fix yourself, meditate, lose weight, and get a hobby, since peace comes from within and a put-together person is more attractive.
Shows a thylacine shirt and explains the Tasmanian tiger, extinct 70 to 80 years ago after Australia's bounty killed the apex predators, will be de-extincted first as a proof of concept before the mammoth.
The thylacine's base animal, the dunnart, reproduces in days versus the elephant's 22-month gestation, making it a faster proof of concept using the same bioreactor technology.
Mammoths need careful prep since elephant IVF success is about 35 percent over a two-year gestation, and calls Colossal one of his best investments with visionary CEO Ben Lamb and a strong Harvard science team led by Sarah.
Nessie's is a grand place with a plesiosaur skeleton in the atrium, a water feature, and the largest whiskey bar in Wyoming.
Lists Cardano GameFi projects Drunken Dragons, Rocket Dragons, Cardano Warriors, Cornucopias, and Crypto Bison, and says he will be at CNFT Con in Vegas.
He talked to Kimbal Musk about a Boulder-based interview delayed by wedding season, and wants to redo his TED Talk in 2023, about 10 years after the last one, on RealFi.
He filmed a video with Snoop Dogg with a behind-the-scenes and a 45-minute interview, to be released via Lena.
The clinic opens soon as a primary-care center of excellence, a labor of love with geothermal wells and a sewer line, 10,000 square feet to start and 50,000 eventually, built with his dad and brother.
The whole town of Gillette is involved and the secondary site already saw 23 patients, a slow burn that will be special in a few years.
The Vasil hard fork's last part came out September 27th, with JPEG Store seeing a 10x transaction-size reduction and 50 percent lower cost, with more data coming.
Most Cardano DEXes and wallets intend to open-source or already have, and that IO will not give development assistance to those without intent to open-source.
Crypto markets must decouple from Bitcoin, since Bitcoin is so limited people leave the network via Lightning and wrapped Bitcoin, and one asset should not drag the whole market.
The Husky coin is intentionally worthless and not an investment.
His pet giraffe Chips, a gift from the president of South Africa, is a deadbeat dad living at Phala Phala, the president's ranch.
NIPoPoWs are the proof-of-work equivalent of Mithril, and that proof-of-proof-of-stake by Dionysis Zindros is a different technology accomplishing the same thing.
He would work with Vitalik on a real overlapping interest like anti-aging but not crypto, since the Ethereum Foundation refuses to look at Cardano's tech because they do not like him.
Human-readable addresses are an aliasing system pairing a name to an xpub that generates addresses, like Ada Handles, needing a standardized accepted map where scarcity creates real estate like domain names.
Says he has had dinner with Ripple's Brad Garlinghouse, a good cordial guy, and tells a story of interviewing for a Department of Energy job in the Trump administration and lying that the Stones beat the Beatles to a conservative interviewer.
Whatever comes after Voltaire is whatever the community decides, since they are in charge in the age of Voltaire.
Input endorsers and side chains are orthogonal, since input endorsers accelerate the base layer while side chains parameterize a fast permissioned BFT quorum rooted in Ouroboros.
Ouroboros plus a BFT protocol suffices forever, sortitioning a subset of SPOs into a fast BFT protocol per epoch with finality, running thousands to hundreds of thousands of TPS in an optimal Red Belly style.
Recalls his favorite stress relief in early Cardano was a Domino's pizza with cheese-filled garlic knots, a beer, and Bob Ross.
Elon Musk's Twitter purchase could affect the US election if censorship and fact-check disclaimers are lifted, though too late for this cycle and potentially big in 2024.
You know where you stand by the criticism, and the shift from Elon-as-hero to Elon-as-evil shows people on the left are scared, treating a free-speech medium as a threat to democracy, and that IO has tried to steer his protocol toward the right people.
Quantum computers are just another computation model that may defeat classical cryptography's hard problems, prompting NIST's post-quantum standardization effort.
Post-quantum algorithms are not used today because they are 10 to 100 times more expensive and incompatible with zero-knowledge crypto and modern hash functions, and are not yet provably secure with newer math primitives.
Cites Neal Koblitz's Serpentine Path of Elliptic Curve Cryptography on how hard it was to adopt even obviously-better elliptic curves, and says any coin claiming post-quantum today just spent 10x on fear.
Cardano could collaborate with Ripple, that Cardano will not be banned though he might get de-platformed, and that fusion progress is real with the National Ignition Facility achieving ignition and becoming real in the 2030s and 2040s.
Cardano will not freeze transactions to stop an exploit, since that is what Ethereum does.
The Empire Strikes Back is the best middle movie of a trilogy, the most complete hero's journey that expanded the lore without insulting your intelligence.
The Star Wars sequel trilogy is between a corpse and getting lit on fire, and that The Last Jedi was so bad it killed his love of Star Wars despite having read the Darth Plagueis book.
Luke Skywalker had the best arc, staying true to his character and believing his father was redeemable, that Mark Hamill embodied it, and that the Bacta tank scene came from a real car crash breaking Hamill's nose.
The ending of Inception does not matter because the character found peace and became complete, which is why he did not look at the spinning top.
Georgism taxes land ownership instead of income.
Gauss is the master of all mathematicians followed by Euler, and recommends The Shape of Life, a biography of a Chinese Fields Medalist about the universe's hidden geometry.
Cardano is writing a constitution the community will ratify, with a big convention maybe in Philadelphia.
Closes that he does not know what the ecosystem looks like in 10 years since it is up to the community, but hopes Cardano is pervasive like TCP/IP, a shining city on a hill.