Data Dork | Open Source Maxi (Fill bag shill bag)
Joined August 2022
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Reason nteenth I think permissionless assets do not impact the real world in a major way
They belong in innovation, not application at scale
It's bullshit. That's a lot of money, and accepting a bounty would have been far better than taking everything.
By that logic, a threat actor who discovers a vulnerability in a smart contract should be entitled to keep whatever they can steal. Most people would reject that argument, so why should this be viewed differently?
Few understand clear regulation is the only real solution to this token/equity nonsense.
Without it these things don’t touch the real world
_Synthquest🐸📊 retweeted
> This is a "we don't know what we actually want" problem.
The mob wants ETH number to go up. Failing that, someone, anyone, to point fingers at.
This will require greater need for and use of ETH, and therefore more burning of ETH.
Fortunately, we are getting very close to being able to implement near-synchronous and synchronous composability in which tokens will be able to move automagically via ZK proofs that set up shared atomic execution contexts across multiple networks (L1, L2s, Besu private networks, ...) in real-time. This will unify fragmented liquidity pools in real-time. Much ETH will be burned increasingly many complex bridge-less cross-chain TXs are orchestrated. TradFi is coming to do some of this. Agentic will do some of this. And DeFi will make use of this.
Unpopular opinion: The Ethereum Foundation did nothing wrong.
2024: "EF is too centralized! Step back! Let the ecosystem breathe!"
They listened.
2025: Restructured leadership. Reduced influence. Gave the community space.
2026: EthLabs launches.
Now the same people are screaming: "Where's the leadership?! EF is useless!"
Let me get this straight:
→ You demanded decentralization
→ You got decentralization
→ Now you're mad there's no central leader
This isn't an EF problem.
This is a "we don't know what we actually want" problem.
We want the aesthetics of decentralization with the comfort of a king.
We want someone to blame when things fail, but no one in charge when things succeed.
The EF did exactly what the community asked.
And now they're being punished for it.
Maybe the problem isn't the foundation.
Maybe it's the mob.
Ethereum doesn't need saving. It needs the mentality to grow up.
Agree or disagree? 👇
Operating in a different league
🚨 DTCC MAINNET ADDED 🚨
DTCC MAINNET APPCHAIN IS NOW SUPPORTED BY CHAINLINK
#Chainlink #CCIP #DTCC $LINK #LinkTheWorld #CRE @The_DTCC
It’s all so tiresome
Taking a page out of @CantonNetwork ‘s book I see
New post on EthResear.ch!
Validator Redirected Revenue
By:
- clesaege
🔗 ethresear.ch/t/25248
Highlights:
- Ethereum faces a persistent coordination failure: many ecosystem improvements are public goods, so voluntary funding tends to underprovide them, creating deadweight loss and harming long-term competitiveness.
- Validators are structurally aligned with ecosystem growth (more usage → more demand for blockspace → more ETH burn/value), but they still get stuck in a prisoner’s-dilemma equilibrium where they hesitate to contribute unless others also commit.
- The proposal adds a protocol-level mechanism where validators signal a redirect rate: if a majority (e.g., 51%) supports a non-zero rate, that rate becomes mandatory for all validators, solving intra-validator free-riding; the rate is capped (suggested max 10%, min 0%).
- Validators also signal preferred funding recipients and allocations; execution clients aggregate these into a “splitter” contract using a king-of-the-hill / Condorcet-winner style process with simple protocol choices (KEEP vs CHANGE), aiming to minimize governance overhead (“set and forget”).
- Key open risks include validator cartelization (majority could redirect funds to themselves), principal–agent problems (staking operators controlling votes vs delegators’ preferences), and the possibility that willingness to redirect rewards is interpreted as evidence issuance could be reduced.
ELI5:
Ethereum needs shared things (like security tools and maintenance) that help everyone, but it’s hard to get people to voluntarily pay because each person hopes others will cover the cost (the “free-rider” problem). This article suggests a built-in way for Ethereum validators (the people who earn staking rewards) to collectively agree to donate a small, capped slice of their rewards to fund important ecosystem work. Validators would also collectively choose where the money goes using a simple voting/competition process, so funding can happen without lots of meetings or bureaucracy—while still acknowledging risks like validators teaming up (cartels) or staking companies voting in their own interest instead of users’.
Rapidly value and activity among permissioned assets will eclipse permissionless assets.
At that point, the industry becomes about something else
Defi won’t die and there will always be financial experimentation, but the casino will be much less of the focus
Sure, this is exciting. But what this really tells me is there’s an industry standard being formed in the real world
Where outside demand is gravitating toward a single solution.
When people ask “who can do this?” They get told to speak with @chainlink
Link the world
NEW: The Official Prediction Market Partner of the @FIFAWorldCup is now powered by Chainlink.
@Predictstreet has adopted Chainlink as its exclusive oracle infra to enable accurate market resolutions & unlock instant payouts for the world's largest sporting event with 6B+ fans.
Wait till we find out the Epstein construct didn’t actually trade forex but instead traded asymmetric information on world events 🥴
Perhaps the most wild business paper you’ll ever read.
“Examination of the option trading leading up to September 11 reveals that there was an unusually high level of put buying. This finding is consistent with informed investors having traded options in advance of the attacks.”
“The maximum value of this measure for AMR or UAL during the target period is at the 0.99 quantile of its daily distribution and the 0.96 quantile of the distribution of its greatest daily values over four trade date windows.”
TLDR: The level of put buying on American and United Airlines in the days before 9/11 was greater than roughly 99% of all comparable trading days in the historical record.
Readers added context they thought people might want to know
The 9/11 Commission investigated these unusual trades and found they were related to an institutional investor and an options newsletter, with no conceivable knowledge of the attacks.
Page 499:
govinfo.gov/content/pkg/GP…
$LINK -7%
$LINK -2%🥴
Chainlink Adoption Update 🔗
Recently, there were 10 integrations of the Chainlink standard across 5 services and 8 different chains.
Users include @The_DTCC, @coinbase, Fidelity International, @krakenfx, @MyriadMarkets, @temple_ny, @tempo, and @tydrohq.
LINK everything.
Everything is exploitable, it’s just a matter of cost.
The game is now, is it worth it to spend x amount on relentless probing / surfacing to get y amount of value in return
❗️🚨 BREAKING: Researchers used Mythos Preview to find the first public macOS kernel memory corruption exploit on Apple's M5 silicon, they give a glimpse into Mythos say it’s really powerful.
Apple spent five years and an estimated several billion dollars building Memory Integrity Enforcement (MIE), the hardware-assisted memory safety system built around ARM's MTE. It was the flagship security feature of the M5 and A19, designed specifically to kill the entire memory corruption bug class.
Researchers from Calif built a working exploit in five days.
According to Apple's own research, MIE disrupts every public exploit chain against modern iOS, including the recently leaked Coruna and Darksword kits. Calif walked into Apple Park this week and handed over the report in person.
Full 55-page technical report drops after Apple patches the vulnerability.
Link pukes 2% on this. Hate to see it
Today we announced progress toward our goal of advancing 24/7 collateral mobility. DTCC’s Collateral AppChain, a shared infrastructure platform for collateral, will leverage the Chainlink Runtime Environment (CRE) and @chainlink data standard to enable near real-time collateral management across financial markets and blockchains.
The integration will enable the seamless pairing of asset prices, valuations, and movement, with the aim of overhauling how market risk is managed globally and unlock greater capital efficiency.
This milestone reflects our broader vision to enable 24/7, near real-time collateral management across the global financial system.
Read the full announcement: dtcc.com/news/2026/may/12/dt…
Ugly soul antics
The U.S. Forest Service is spraying glyphosate (Roundup) across tens of thousands of acres of national forests this spring to support commercial timber production.
Following wildfires, forests naturally regenerate with diverse shrubs, wildflowers, and wildlife. However, a recent investigation reveals that the Forest Service and private logging companies are routinely applying the herbicide to eliminate competing native vegetation, favoring commercially valuable species such as Douglas fir and sugar pine.
This practice has created large areas with significantly reduced biodiversity, often described as "dead zones", where insect, bird, and plant populations have sharply declined. Glyphosate, classified by the World Health Organization as a probable human carcinogen, has seen its use in California national forests quintuple over the past two decades, reaching a record 266,000 pounds in 2023.
Local communities, environmental groups, and residents are raising concerns about potential impacts on water quality, endangered species (including salmon and rare foxes), and public health. Critics argue that prioritizing industrial timber production over ecological diversity conflicts with the broader mission of national forests as public lands.
The issue has intensified debates over forest management, balancing economic interests with long-term environmental and community health.
When the rules are embedded into the token transfers themselves we’ll end up with more accountability on outcome and clearer legal paths for reconciliation.
Until then suits will tie up assets recaptured in good faith
Defi today doesn’t cater to the real world
P e r m i s s i o n e d defi is the future wether you like it or not
april 2026 was the worst month ever in terms of defi exploits
~$635M lost in total, 28 incidents in 30 days:
1) apr 1 - drift - $285m
2) apr 3 - silo v2 - $392k
3) apr 4 - tmm - $1.67m
4) apr 5 - denaria finance - $165k
5) apr 9 - aethir - $423k
6) apr 12 - hyperbridge - $2.5m
7) apr 12 - subquery - $60k
8) apr 13 - dango - $410k
9) apr 13 - mona - $61k
10) apr 14 - zerion - $100k
11) apr 16 - rhea finance - $18.4m
12) apr 16 - grinex - $15m
13) apr 18 - kelp dao - $293m
14) apr 20 - juicebox v3 - $52k
15) apr 20 - thetanuts finance - $50k
16) apr 21 - volo protocol - $3.5m
17) apr 22 - kipseli - $80k
18) apr 23 - giddy finance - $1.3m
19) apr 25 - purrlend - $1.5m
20) apr 26 - scallop - $150k
21) apr 27 - singularity finance - $413k
22) apr 27 - zetachain - $300k
23) apr 28 - judao - $228k
24) apr 28 - quant - $138k
25) apr 29 - aftermath perps - $1.14m
26) apr 29 - sweat foundation - $3.5m
27) apr 29 - syndicate - $330k
28) apr 30 - wasabi protocol - $5m+
