Privacy

Like I mentioned on LinkedIn a couple of weeks back, Dencun/4844 was Ethereum’s broadband moment. The blob transactions enabled by that hardfork network upgrade enabled a new type of storage space for unstructured data. Very soon after this change, we saw transaction prices on Layer 2s, like Arbitrum, Base, and Optimism drop significantly, often over 10x cheaper than prior to the upgrade. As Ethereum mainnet continues building on these new rails, additional transaction bandwidth will be unlocked, supporting further growth among the L2s. ...

Much is being discussed on Twitter and Reddit about the censoring of transactions on Ethereum. As can be seen on MEV Watch, around half of all blocks, as of right now, follow the OFAC recommendations, censoring transactions against Tornado Cash and similar. It doesn’t take much imagination among Ethereum haters and Bitcoin maxis to declare this as proof of the failure of Ethereum, but is it really? Instead, I believe we’re seeing two things play our here: ...

I’ve been in the financial services sector since around 2008, and at some point I was directly involved in the technology used as part of a banks regulatory reporting requirements. The amount of efforts needed in a bank to perform KYCs, AMLs, and trade reporting in general is immense. We might all like to hate on banks for their shitty service, lack of clarity and outdated technology, and while that’s fair criticism, they have at least a little bit of an excuse given the regulatory requirements put on them. ...