Today, we’re introducing the Succinct Network whitepaper.

I met the Rift team at the Succinct residency last summer! Very cool to see how far they've have come since then. We’d love to see someone build on top of their Bitcoin ZK light client 👀

just raised $8m from @paradigm to bring native Bitcoin trading to Ethereum and beyond

Some discussion on effects of potentially reducing withdrawal times for stage 1 optimistic rollups: ethereum-magicians.org/t/i-t…

Incorruptibility is Ethereum's most important property.

How he built a $12 billion gaming company at 19 One of the coolest life stories ever shared with @jtwald on building Zynga for @countersignalpd episode 7! Timestamps: 0:00 – Intro 0:35 – Building games on MySpace, AOL Instant Messenger 5:37 – Dropping out at 19 to Co-found Zynga, Realizing Facebook would be HUGE 11:03 – Shipping Farmville, Inventing New Social Games 12:28 – Printing 9 figs off games 14:49 – BEING DELUSIONAL on early trends you spot 18:16 – Standoffs with Facebook, Pulling in the elders of Silicon Valley 23:59 – Seeing a Billion-User Opportunity Early 27:02 – Early Bitcoiners were Gamers 29:38 – Value in Crypto 34:23 – What is real, what's a grift 36:33 – Psychoanalyzing Justin, Can you do nothing and be happy? 40:37 – Why are you not corrupted, the real reason why money is important 43:40 – Growth Hacking, Social Engineering, Virality 47:49 – High Leverage things college students should do 50:54 – Why Justin is based in Japan (beating the allegations :)

It's time to fix the 50-year-old KYC/AML regime Last week, @iampaulgrewal and @coinbase sent a letter to the Treasury Department, laying out a plan to update archaic AML rules with modern technology. It would give significant protections to consumers and stop companies from having to store honeypots of sensitive user data. There's three steps to the plan: 1. Decentralized ID and ZK Proofs Update the Bank Secrecy Act to explicitly allow decentralized ID and zero-knowledge proofs as acceptable verification. ZK lets you verify a user's identity while maintaining their privacy. Law enforcement could get access to the underlying data via subpoenas to the issuer. At @SuccinctLabs, we’re making this plug-and-play with an API that integrates with wallets and issuers. 2. AI and APIs Use AI for fraud detection and anti-money laundering and use secure APIs to share sanctions and risk signals in real time, so bad transfers are blocked before settlement. Modern software already runs on APIs; we can use them to make compliance faster, cheaper, and more precise. 3. Onchain Analytics Treat public blockchain data as compliance input. Instead of just "knowing your customer", you'd "know the transaction", shifting reliance on static, simple rules to dynamic, ongoing monitoring of onchain activity. Blockchains are much better sources of transaction data than anything we have in traditional finance. Use them. We have the technology. We don't have to live in the 20th century anymore. Fix KYC now!

it is not lost on me that you mfers needed a soylana manlet to actually market zk tech btw no need to thank me, just buy some SOL and ZEC (while being aware of the risks, according to my lawyer) and consider the favor repaid shalom

I asked @vnovakovski the founder of @Lighter_xyz why other platforms are still building for L1s and citing performance reasons? "idk, maybe they made a technical choice 2 years ago that's not relevant today. Those guys should go talk to @SuccinctLabs." He says there's no performance limitation to L2s - Lighter could run at 1m TPS now if it needed to. "The more secure the L1, the more performant the L2." It seems Lighter is an L2 for one simple reason. A better product for users.

When you read content on X, you should be able to verify its authenticity. This is critical to getting a pulse on important issues happening in the world. As part of that, we're experimenting with displaying new information on profiles, including which country an account is based, among other details. Starting next week, we will surface this on a handful of profiles of X team members to get feedback.

i'd bet my entire networth on the emergence of a billion dollar non-ai social network soon it's the most obvious anti-trend rn

CZ says Aster is already flipping Hyperliquid "Depending on the day and time, the flippening is already happening. If you want to trade openly, use Hyperliquid. If you want some level of privacy and broader deposit support, use Aster"