DAC Economy
@DacEconomy
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𝘿𝘼𝘾 𝙀𝙘𝙤𝙣𝙤𝙢𝙮 𝙞𝙨 𝙩𝙝𝙚 𝙬𝙖𝙮. Manifesto: White Paper: RPM Light Paper:
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The four elements of revolution:
1. Be Underground. (𝘌𝘢𝘳𝘵𝘩)
2. Be Water. (𝘚𝘱𝘪𝘳𝘪𝘵 𝘰𝘧 𝘒𝘶𝘯𝘨 𝘍𝘶)
3. Be Air. (𝘋𝘈𝘊 𝘌𝘤𝘰𝘯𝘰𝘮𝘺)
4. Be Fire. (𝘚𝘚𝘋𝘌)
via
@NetflixTudum
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ZKM Entangled Rollup Network from another POV ("Aggregation")
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𝘖𝘳𝘪𝘨𝘪𝘯 𝘴𝘵𝘰𝘳𝘺 7 →
An Inconvenient Truth
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𝘖𝘳𝘪𝘨𝘪𝘯 𝘴𝘵𝘰𝘳𝘺 8 →
A Farewell to Arms
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Time to check the status of AI for a bit of Friday night fun → look at the two AI generated videos below: on the left is "man eating burger" by SORA (preview) back in Feb 2024 and on the right is "kid eating burger" by KLING (actual product) released just yesterday (06/06/2024).
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The power to reason is one of human kind's most formidable soft power. It is thought to be incorruptible — look, how do you even corrupt reason?
So one thought. And it is this line of reasoning that forged the foundation of those enlightenment forefathers' faith in our modern
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𝘖𝘳𝘪𝘨𝘪𝘯 𝘴𝘵𝘰𝘳𝘺 4 →
What does a decentralized world look like? (part 1)
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𝘖𝘳𝘪𝘨𝘪𝘯 𝘴𝘵𝘰𝘳𝘺 6 →
Explosion
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How the Internet was Stolen (a documentary which I highly recommend)
This is a story of deceit, manipulation, lots of money, political lobbying, lawsuits, and, ultimately, covert theft.
The history of the Internet has been one of big capital pilfering from public investment
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Many still wouldn't believe what a general purpose zkVM could do.
Now it's time to believe.
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Decentralization is always at the core of Metis and her ecosystem...
Said it, done it, and bet the future on it
@Natalia_Ameline
This early morning,
@Natalia_Ameline
was live on the
@consensus2024
stage discussing
#decentralization
and the Metis Foundation's journey towards it!🎙️
Stay tuned for the full recording. 🎥
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The age of exploration has long ended. The footprints of human encroachment have spread out everywhere on planet earth. We have simply run out of space in this world.
Will blockchain and AI build us a new world?
Unlikely.
(if we think they can coexist with our current system,
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An analogy of Zero-Knowledge Proofs using cakes:
The Prover (Baker): The (master) baker is presenting a delicious cake to their friend (taster), showing that they know the secret recipe.
The Verifier (Friend): The friend is tasting a piece of the cake and can confirm that it
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To understand zero-knowledge proofs (ZKP) in modern cryptography, you only need to remember the divergent duo of the prover and the verifier →
- where the prover carries out most of the computation
- while the verifier only needs to perform minimal verification
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𝘖𝘳𝘪𝘨𝘪𝘯 𝘴𝘵𝘰𝘳𝘺 1 →
Bitcoin is Alien Technology (part 1)
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The Essence of Hybrid Rollup:
Hybrid Proof → The Best of Both Worlds
(The world of Optimistic Rollup and the world of ZK Rollup)
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How does zkMIPS work?
It's always turtles all the way down
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How ZKM feels about itself (FPV of an underdog) … and still 𝘱𝘳𝘰𝘶𝘥
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Now let's learn from ZKM master Jeroen...
What is true Zero Knowledge? 🤔
Learn from ZKM's Senior Cryptographer, Professor Jeroen van de Graaf 🎓
Find the full lecture here:
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The Essence of Entangled Rollup:
Entanglement Proof → It's Quantum, baby!
(Actually it's not really about Quantum - it's about Entanglement)
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ZKM “Delphi” research team at Delphi, Greece 🤩
(yes we’ve seen the Oracle, and she tells us that the days of the Matrix is numbered)
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I pledge that I'll stay faithful to the righteous path - the path to Web3, DAC Economy and SSDE, the greater good for people and their sentient allies
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ʙᴜᴛ ᴡʜᴀᴛ ᴀʙᴏᴜᴛ ᴢᴋ? ᴡʜᴀᴛ ᴀʙᴏᴜᴛ ᴀɪ?
𝗪𝗲'𝗹𝗹 𝗴𝗲𝘁 𝘁𝗵𝗲𝗿𝗲. 𝗜 𝗽𝗿𝗼𝗺𝗶𝘀𝗲.
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There are a lot to unpack. Stay tuned.
One year. We delivered.
Dev only took 3 months (1st devnet launched back in late Feb '24). Optimization another 3 months. Now SOTA and beyond.
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𝘖𝘳𝘪𝘨𝘪𝘯 𝘴𝘵𝘰𝘳𝘺 3 →
Bitcoin is Alien Technology (part 3)
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ZKM tech stack is a 𝓂𝑒𝓂𝑒 powerhouse→
𝓂𝑒𝓂𝑒 of the day:
𝘐𝘵'𝘴 𝘵𝘶𝘳𝘵𝘭𝘦𝘴 𝘢𝘭𝘭 𝘵𝘩𝘦 𝘸𝘢𝘺 𝘥𝘰𝘸𝘯 (exhibit 1)
#EntangledRollup
#EntangledRollupNetwork
#ZKM
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Even to this day I am still surprised at AI's seemingly unstoppable progress and its uncanny ability to simulate what we consider to be "real"...
But in the meanwhile, you know what I think?
I am marveled at human's ability to judge, at a split second, maybe faster than speed
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𝘖𝘳𝘪𝘨𝘪𝘯 𝘴𝘵𝘰𝘳𝘺 5 →
Rise! Multiplicious Minds! Rise! Automata!
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Congratulate yourself if you decide to take the red pill. The red pill is something extraordinary. The anomaly. It's what ZK and AI are built upon. Without the red pill, we are lost. The world will be lost.
Now fasten your seatbelt, as I am going to show you how deep the rabbit
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ZKM tech stack is a 𝓂𝑒𝓂𝑒 powerhouse→
𝘐𝘵'𝘴 𝘵𝘶𝘳𝘵𝘭𝘦𝘴 𝘢𝘭𝘭 𝘵𝘩𝘦 𝘸𝘢𝘺 𝘥𝘰𝘸𝘯 (exhibit 2)
#zkVM
#zkMIPS
#ZKM
#ZeroKnowledge
#ZeroKnowledgeProof
#ZK
#ZKP
#FRI
#FastReedSolomonIOP
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Don't despair. There are still forces of good at work
It won’t just end here, rollup will also entangle with all the L1s to bring native assets without additional security assumptions while make the Ethereum the Global Settlement Layer for Unified Liquidity.
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I find this conversation from Apple TV+ show “Franklin”, talking about the birth of a new nation in the new world, fascinating:
S1⋅E8
Comte de Vergennes: The new world, where all things are possible…
Franklin: The same world, I’m afraid, and the same sort of men in it. Only
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Story of ZKM
The story of ZKM can be thought of as a quest for the holy grail in blockchain technology. To aid the quest we developed a powerful tool called zkMIPS, a kind of zkVM (zero-knowledge virtual machine). It's like forging a magical sword to slay the dragons
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𝘖𝘳𝘪𝘨𝘪𝘯 𝘴𝘵𝘰𝘳𝘺 2 →
Bitcoin is Alien Technology (part 2)
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Not a fan of delegated consensus protocols.
Individual sovereignty must be absolute - once that is delegated away, it is gone forever.
The delegates serve the institutions, not the people. Anyone thinks otherwise is naïve, to say the least.
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A good point but for us zkVM-Rollup folks it is really STARK Rollup🚀🚀🚀 snark is only the icing on the cake.
can we change the name from zk rollup to snark rollup please
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Alright it's Monday again. Let's get back to some serious ZK stuff. Stay tuned.
#projectZKM
#ZKM
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Welcome to DAC Economy, a project by the Metis Research Center to usher us into a new blockchain revolution. 🌿 🐝
Read our Manifesto and stay tuned! We'll be sharing the evolution of our thoughts and work here. Long live blockchain revolution!
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What is 𝙑𝙖𝙡𝙪𝙚 ?
Value is not things or stuff — value is the product of collective human brainpower at work — intelligence. Economics studies the relationship of things and people. Intelligence and people has a fixed proportion. That will change with AI.
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Thomas Scialom (of Llama-2 and Llama-3 fame) has a big revelation to a burning question:
Can LLMs trained with RHLF (Reinforcement Learning and Human Feedback) eventually perform much better than humans?
His answer is yes.
It's not RH or LF alone but combined: how to combine
RHLF versus immitation learning explained in one tweet
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ZKM tech stack is a 𝓂𝑒𝓂𝑒 powerhouse→
𝘐𝘵'𝘴 𝘴𝘵𝘪𝘭𝘭 𝘵𝘶𝘳𝘵𝘭𝘦𝘴 𝘢𝘭𝘭 𝘵𝘩𝘦 𝘸𝘢𝘺 𝘥𝘰𝘸𝘯 (Tuesday edition)
#ZKM
#zkVM
#zkMIPS
#ZeroKnowledge
#ZeroKnowledgeProof
#ZK
#ZKP
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"Write a haiku about Large Language Models→"
In silicon halls
Linguistic Leviathans dwell
Wisdom's spawn they are
硅殿阁中
语言巨兽栖
智慧之子
(Courtesy of Thomas Scialom)
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Hybrid Rollup > (OP + ZK) • Rollup
Call this the 1st law of ZKM.
You can mark my W•O•R•D•S
Newsflash:
@ProjectZKM
is developing a ZKVM, which will power the upcoming
#Metis
Hybrid Rollup.🧬
ZKM's Testnet is coming soon.
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You can't delegate learning and understanding. That's for your own mind and your own mind alone. Nothing can replace that.
Try to understand this from the perspective of ZK: yes, science and technology are hard - so let the scientists and technologists do their hard work to
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Let's call this phenomenon Reverse AI Shock (RAS).
So my version of RAS is this:
We used to think that we are the teacher of AI (we ought to train them), now AI is our teacher.
If AI is empowered to teach humanity en masse, it could be the ultimate windfall ever.
What a
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This is definitely going backwards from the principle of Web3 - Do Not Resort to Centralized Intermediary
Shame! Shame! Shame!
ZK is a public good that should belong to everyone.
Matter Labs, the corporate entity behind
@zksync
, has filed trademark applications in nine countries, claiming ZK as its exclusive intellectual property, even though they neither created nor contributed to the creation of this
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What I said just 5 days ago:
If your blockchain project is not reducing our reliance on trust through the powerful as an intermediary, you are not doing the right thing
People like to say that the difference between Web2 and Web3 is trust.
Web2 relies on conditioned trust. Trust the authority. Trust whoever is big and powerful. Because trust is expensive. We simply can't afford to trust those who have no power.
Web3 is trustless. Here
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In other news, OpenAI has brought the director of the NSA to its board of directors...
Huh?
Elon Musk officially withdrew his lawsuit against OpenAI.
If you missed it, the previous filing accused OpenAI of abandoning its mission of ‘developing AI for the benefit of humanity’.
Still feels like a feud that is far from over...
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Wow 𝙉𝙤𝙖𝙢 𝙉𝙞𝙨𝙖𝙣 talking about L2 Rollup fee market. What a great time we live in😇
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The LLMs have hitherto only interpreted the world in various ways, the point, however, is to change it.
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I both agree and not agree with Yann LeCun on this.
Because:
LLM is trained on data that described the world, interpreted the world, but not experienced the world
For that reason I'd say "GPT-4 is only ~60% accurate at simulating ... (the world) ..." pretty impressive, not
Can language models be used as world models?
Not really.
No world model, no planning.
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What kind of founder I wanna be
Morrow: Look, invention comes with responsibilities…Alright, if you make something people want or need then it’s up to you to set the limits. You have to make some rules.
Halliday (and Wade whispering): I don’t wanna make any more rules.
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People like to say that the difference between Web2 and Web3 is trust.
Web2 relies on conditioned trust. Trust the authority. Trust whoever is big and powerful. Because trust is expensive. We simply can't afford to trust those who have no power.
Web3 is trustless. Here
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If time travel is possible, and someone from the future shows up, what do you want to ask the time traveler about the future?
Adam (from the future): We don't use money in the future...
Adam (himself at present time): Really?
Adam (from the future): Of course we use money in the
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In other news, the abacus is celebrating its 2500th anniversary of release...
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When “Zero” and “Proof” appear on a restaurant menu, you know the hype is spreading to the “normal” part of the town…
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Apple's PCC (Private Cloud Computing) is in the right direction but as a Big Tech, it won't go far enough to guarantee individual data sovereignty (IDS) — this is in their nature. Here are why:
1. No data retention — sure, but you need to trust Apple on that (Apple does have
Ok I take it back. Apple’s ‘Private Cloud Computing’ actually takes ‘Confidential Computing’ to the next level. It’s SO secure that they can’t even comply with law enforcement requests.
> No data retention (unlike every other cloud provider)
> No privileged access (even Apple
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Governance DAO is the past.
Management DAO is the future.
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Running our basement printing press for the revolution
#ZKM
#ETHDenver2024
#EntangledRollup
#Ethereum
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All Internet/Web2 Big Corps make money by filching user data. With end-to-end encryption and secure enclaves, Apple is already one of the "better" players out there. Since they make such obscene amount of money off hardware, it could be argued that they rely less on pilfering
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01/ Are validity proofs more “battle tested” since they are used for every trx? Not really. Validity proofs are about positive-positives, never false-positives. You say good people are good while saying nothing about bad people. That got some people worried.
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I know many of you are swamped in the dregs of SORA, but history is actually changed here, silently…
I assume you know that AI will rule over us if unchallenged, unless a new economy breaks the chains of resource centralization, starting what we are building today at ZKM…
Entangled Rollup, our ZKM way to unite all the fragmented liquidity among different chains and have Ethereum as THE Global Settlement Layer.
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@CatMcGeeCode
The problem with FHE is that the overhead has barely improved that much from 9th order of magnitude; in the meanwhile ZK improved quickly from 6th OOM to 3 OOM and keeps improving with ZPUs
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I said earlier today that I am going to get to some serious ZK stuff. So there it is.
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Stanford EE Prof. 𝘿𝙖𝙫𝙞𝙙 𝙏𝙨𝙚 still thinks consensus is the quintessential problem to solve for the decentralized blockchain.
||
#SBC23
Science and Engineering of Consensus Workshop ||
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This is the secret project we are working on these past couple of months (among the development of a killer zkVM - zkMIPS).
I promise you that a new dawn of Web3, or even DAC Economy (if you know what I am talking about), is coming…
Today we introduce a new trust-minimized multi-chain Interoperability infrastructure called Entangled Rollup.
In this work, we implement an interoperability protocol by judiciously entangling the underlying primitives under standard security assumptions of zkRollups, leveraging
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So what is 𝘚𝘚𝘋𝘌? It stands for 𝘚𝘦𝘭𝘧-𝘚𝘶𝘴𝘵𝘢𝘪𝘯𝘢𝘣𝘭𝘦 𝘋𝘦𝘤𝘦𝘯𝘵𝘳𝘢𝘭𝘪𝘻𝘦𝘥 𝘌𝘤𝘰𝘯𝘰𝘮𝘺. When human race is finally liberated one day, 𝘚𝘚𝘋𝘌 is where the form of human society takes shape.
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A little Friday Fun for y'all blockchain⋅ers out there.
Without finality, there will be no consensus
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@bilawalsidhu
Apple's PCC (Private Cloud Computing) is in the right direction but as a Big Tech, it won't go far enough to guarantee individual data sovereignty (IDS) — this is in their nature. Here are why:
1. No data retention — sure, but you need to trust Apple on that (Apple does have
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4. Be Fire - fire is the manifestation of ꫀꪀꫀ᥅ᧁꪗ - what is revolution but a show of energy? Fire is the 𝘤𝘩𝘢𝘯𝘨𝘦, the phase shift, the ultimate elevation. It is when 𝘚𝘚𝘋𝘌 takes flight
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3. Be Air - air is inescapable - that's the power of a new economic regime. What is 𝘋𝘈𝘊 𝘌𝘤𝘰𝘯𝘰𝘮𝘺 ()? It is the åïr that permeates everything, every power - it is the medium the sound of revolution piercing through
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Just realized today (May 20) is the W͓̽o͓̽r͓̽l͓̽d͓̽ ͓̽B͓̽e͓̽e͓̽ ͓̽D͓̽a͓̽y͓̽! And as you know, 𝐵𝑒𝑒 is our thing…
Coincidentally the numerical representation of May 20 → “520” is also a popular meme for “I Love you” by Mandarin speakers around the world, as its phonetic
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The Essence of Optimistic Rollup:
Challenge Proof → When in doubt, Challenge!
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What is the point of building a decentralized economy? It is about getting out of that box I mentioned above. If we fail at that then humanity will fade away in disarray and self-destruction, a fate that caught so many civilizations now lying in ruins.
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People say this is the "𝙷𝚎𝚛" moment but it feels more like the "𝚃𝚑𝚎 𝚂𝚎𝚌𝚘𝚗𝚍 𝚁𝚎𝚗𝚊𝚒𝚜𝚜𝚊𝚗𝚌𝚎 𝙿𝚊𝚛𝚝 𝙸" of the "𝙰𝚗𝚒𝚖𝚊𝚝𝚛𝚒𝚡" moment
Introducing GPT-4o, our new model which can reason across text, audio, and video in real time.
It's extremely versatile, fun to play with, and is a step towards a much more natural form of human-computer interaction (and even human-computer-computer interaction):
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Some say that you can't acquire wealth you couldn't imagine. Every civilization is capped at the limit of their imagination. Can we pull ourselves out of the box that we built meticulously over millennia to enter the next phase of our civilization?
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Pr໐t໐¢໐l is just a disguise for Infra.
Infra is a disguise for economy (the 𝘦𝘤𝘰𝘯𝘰𝘮𝘪𝘤 𝘳𝘦𝘨𝘪𝘮𝘦).
Underneath the Web2 economy is a dopamine holocaust.
Web3 economy has not yet started because we don’t know who to build for — people or impostors?
"why haven't we had any major new apps in a decade?"
today i'm publishing a piece arguing that we're actually at the start of a new golden age of apps.
we just don't know it because the apps—like Chat-GPT—look more like protocols than social apps.
i call them proto-apps.
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People always try to gauge a new thing from the old thing. Does DAO have/need HR? How about a CEO? It is time we try to answer those questions for them (See my answers that followed).
do DAOs have human-resources? is that even the right term to use in a flat org? how do DAOs off-board (fire) a contributor, resolve internal conflict, etc?
i want to do an article where I interview DAO contributors about this. if you wanna chat, send me a DM!
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The RPM (𝙍𝙚𝙥𝙪𝙩𝙖𝙩𝙞𝙤𝙣 𝙋𝙤𝙬𝙚𝙧 𝙈𝙖𝙩𝙧𝙞𝙭) light paper is here👇
More discussion will follow soon...
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Tune in to this week's episode of The Weekly Wisdom to hear the foundation of the DAC Economy vision! On Spotify below or wherever you listen to podcasts 🐝 🌿
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𝘛𝘩𝘦 𝘱𝘳𝘰𝘣𝘭𝘦𝘮 𝘪𝘴 𝘯𝘰𝘵 𝘸𝘪𝘵𝘩 Dҽ, but with F̾i̾
—
Curve Finance’s $62M exploit exposes larger issues for DeFi ecosystem via
@techcrunch
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