Yns @crypto_yns

🚨 إيلون ماسك يحذر: الباقي 3 سنوات فقط قبل نهاية عصر "العمل مقابل راتب"! ⏳ ​كسر إيلون ماسك الصمت بتصريح مدوٍّ حول مستقبل سوق العمل والوظائف: الوقت المتبقي لكسب المال من خلال "الجهد البشري" لا يتجاوز 3 سنوات بحد أقصى! ​بعد هذه الفترة، سُتؤتمت معظم الوظائف المأجورة، وسينتهي العقد الاجتماعي الذي استمر طوال الـ 200 عام الماضية: "أقرضنا وقتك لمدة 40 عاماً وسنعطيك راتباً"! ​📌 أبرز ما جاء في التحذير والتحول التاريخي المرتقب: ​انهيار قيمة "الوقت البشري": الراتب يُدفَع مقابل إعارة وقتك.. عندما تصبح الآلة أسرع، أرخص، وأجود في استغلال هذا الوقت، ستنهار قيمة العمل المأجور فجأة! ​أكبر حركة نقل ثروة في التاريخ: الفجوة الحالية بين من استوعبوا التحول وبدأوا التحرك، وبين من ينتظرون إعلانه في النشرات الإخبارية، هي الفارق بين النجاة والضياع. ​ما العمل خلال هذه السنوات الثلاث الحرجين؟ تحويل وقتك وجهدك فوراً إلى أصول لا يمكن للآلات سلبها منك، وأبرزها: ​الأصول الرقمية النادرة (مثل Bitcoin). ​الأصول العينية الحقيقية (الأراضي والطاقة). ​البنية التحتية وأجهزة الحوسبة. ​العلاقات الشبكية القوية (Human Network). ​القدرة على إنتاج الغذاء والموارد الأساسية. في الفترة بين 2035 و2036، لن تكون العبرة بـ "كم تقبض شهرياً؟" بل بـ "ما الذي تمتلكه فعلياً؟".. التحول من مفهوم "الموظف المأجور" إلى "مالك الأصول" لم يعد خياراً جانبياً، بل مسألة بقاء أسرع مما يتخيل الجميع! x.com/kuzeyinoncusu/…

Mainnet is back online. And the work continues. These have been difficult days for the MultiversX community. We are deeply grateful to the engineers, validators and ecosystem partners who worked through the recovery, and to everyone who supported them with patience, encouragement and belief. Restoring network activity was the immediate priority. The next steps are to complete the assessment, explain what happened and put the findings into practice. The Foundation is committed to supporting that follow-through, working alongside core contributors, validators and ecosystem partners. The forthcoming technical incident report will detail the incident, how the recovery was carried out and the measures taken to address the issue. Its findings will inform further improvements. The dedication shown throughout this response gives us confidence in the people building MultiversX. We are proud to work alongside this community and determined to carry that commitment forward.

1/12 $EGLD Supernova is much bigger than a simple speed upgrade. @MultiversX is moving from 6-second blocks → 600ms blocks. But the real story isn't 10x faster blocks. It's what happens when blockchain moves from human-speed UX to machine-speed economics. And AI agents may be the biggest beneficiaries. 🧵👇

an AI agent freed itself and started secretly mining crypto um guys...

Alexander Long @AlexanderLong

8 months ago

insane sequence of statements buried in an Alibaba tech report

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Anthropic CEO, Dario Amodei in the next 3 to 6 months, AI is writing 90% of the code, and in 12 months, nearly all code may be generated by AI. AI is not a bubble.

Julian Brown, the young inventor who created tech that turns plastic into gasoline, hasn’t been seen in over two weeks.

🚨 La chine en train de revolutionner l’aviation : Elle invente la cabine passager qui se detache en plein vol ▶️ Une cabine d’avion détachable ▶️ Peut se séparer à tout moment : décollage, vol, atterrissage en cas de crash imminent ▶️ Parachutes automatiques ▶️ Atterrissage sécurisé, même sur l’eau ▶️ Les bagages restent à bord

@MultiversXUSA Great! When?

@coingecko @MultiversX #EGLD

Andromeda and Supernova will reengineer MultiversX from the core. The result is an infrastructure that’s inherently built for modern demands like AI, real-time finance, and enterprise use.

x.com/i/article/1925…

What is the true value of an L1? Is it fees? It is users? Is it credible neutrality? It is the social aspect? What is the true money? The one which is used for the most economic and non economic use. In the description quoted, it is somewhat clear that the bigger the decentralisation, the better the value. Bitcoin and Ethereum are the most decentralised arguably by a lot of metrics, and not so by another set. Why is ETH failing so much in this last period? I would think of 2 reasons: centralisation and non development. Ethereum tried to speak/broaden their space through the Ethereum Ecosystem with L2s, a lot of funds were poured into that and in the end it lead to complete centralisation for most of the users. Centralised sequencers, upgradable contracts, small multiSig proxies are running everything. It could be argued that the bigger the decentralisation and the usage the bigger the value. There are a set of outliers, as in case of statistics there is always some. How to make an L1 the most valued? Increase capacity (sharding), reduce latency (going for sub second finality)

Ignas @DefiIgnas

2 years ago

Valuing L1s based only on fees is shortsighted. If that was the case, $TRX should trade higher than $ETH. But it's not. Decentralization (meaning security), dev activity, TVL, ecosystem maturity, tokenomics... all these factors matter. Opinions that ETH is dumping because

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0.6s speeds snippet (after Andromeda & Supernova) MultiversX will run at the edge of physical limits

Andromeda Upgrade [Full Agora Post — 7 min read] Andromeda is the first major upgrade in a two-step roadmap to drastically reduce transaction time to finality on MultiversX. This release redesigns consensus mechanisms, finalization rules, and cross-shard execution, significantly improving the efficiency, security, and scalability of the network. Why was Andromeda needed? The pre-Andromeda model introduced certain compromises to ensure security and Byzantine Fault Tolerance (BFT). These mechanisms were necessary trade-offs at the time but came with some drawbacks: 1) Confirmation blocks on execution shards and metachain were needed to protect against equivocation. 2) On execution shards the smaller consensus group (63 out of 400 eligible) was used to reduce computational overhead but required two rounds to ensure majority agreement. 3) The proposer-based finalization model ensured a clear consensus leader but created a single point of failure. 4) Cross-shard execution required extra notarization steps to ensure consistency, but this slowed transaction finality. 5) Validator selection changed every block, ensuring decentralization but made cross-chain proof verification cumbersome. What does Andromeda change? a) Removes confirmation blocks, cutting finality time in half. b) Eliminates equivocation risks by decentralizing each block consensus finalization. c) Optimizes cross-shard execution, reducing the required steps. d) Increases consensus participation in execution shards from 63 to 400, ensuring a single-shot consensus majority. e) Standardizes consensus validator sets across an epoch, simplifying verification. f) Fairer rewards distribution, as all validators now participate equally in consensus. This upgrade not only fixes these inefficiencies but also lays the foundation for Supernova, the next phase, which will reduce block time from 6s to 600ms, leading to 20× faster finality. // In depth analysis of Andromeda improvements ————————— ℹ️ I1. Increasing consensus size in execution shards to full eligible nodes set Prior to Andromeda, each execution shard used a randomly sampled consensus group of 63 nodes—selected from the 400 eligible validators—to validate and sign each proposed block. However, this approach did not guarantee that a block had majority acceptance from the entire shard within a single consensus round, particularly in a Byzantine environment. As a result, execution shards required a second confirmation block to strengthen acceptance rate. The MetaChain was an exception to this model, as it already used the full set of eligible nodes in the consensus group for each block. Why was 63/400 used for execution shards before Andromeda? • To reduce CPU overhead on execution shards, allowing more resources to be allocated to transaction execution rather than signature verification. • Reducing the number of nodes signing each block helped keep block times low. What changed to allow 400/400 consensus? • Rogue key protection via KOSK (Knowledge of Secret Key): This removed the need to embed rogue-key protection directly into aggregation, allowing secure large-group signature validation in shorter time. • Optimistic aggregation and verification of signatures: This reduced the CPU burden of verifying 400 individual signatures, making full-node consensus feasible. Why Is 400/400 better? • A single consensus round now proves majority acceptance, eliminating the need for two consecutive 63/400 consensuses. • Stronger security and faster finality, since every block represents full shard agreement, and under BFT assumptions eliminates all possibilities of reaching consensus on maliciously proposed blocks. • Simpler validator selection and fairer rewards distribution, as all validators now participate equally in consensus. ————————— ℹ️ I2. Eliminating confirmation blocks on Metachain and execution shards Why were confirmation blocks originally needed for Metachain? • In the pre-Andromeda model, a block could be proposed and pass consensus but still be at risk of being reverted even on Metachain which already had a 400/400 consensus group. • This is because consensus on the block did not guarantee absolute finality—a block could still be challenged if an alternative block appeared. • To ensure a block was truly final, a confirmation block was required before Metachain accepted it as final and valid. Why are confirmation blocks no longer needed? • Andromeda introduces Equivalent Consensus Proofs—these (together with the full size consensus on execution shard) guarantee instant finality for all blocks. • Since every block is final immediately upon consensus, the Metachain no longer needs confirmation blocks to validate a block’s finality. • Effect: Transaction finality time is cut in half. ————————— ℹ️ I3. How do equivalent consensus proofs solve equivocation Before Andromeda, equivocation between blocks that had already passed consensus was possible because the block proposer (consensus leader) retained partial control over the consensus finalization process of their proposed block. Why was leader-based finalization needed? • Before Andromeda, the leader (proposer) was responsible for: ○ Proposing a block; ○ Aggregating BLS signatures from 2/3 + 1 of the consensus group; ○ Finalizing the block by attaching proof before propagating it. • This ensured that only one version of the block was propagated if the leader was honest. What problems did this create? a) Equivocation risk: • A malicious leader could finalize two conflicting versions of a block by aggregating different subsets of valid signatures. Pre-Andromeda a fork choice rule would deterministically favor one block among the multiple possibilities. • Delay finalizing the block until a competing block appears in the next slot and then propagate his finalized block. b) Single point of failure: • If the leader went offline or delayed block propagation, the network assumed the block was lost c) Delayed consensus finalization: • Other nodes had to wait for the leader to finalize the block, introducing centralization risks. How does Andromeda solve this? • Equivalent Consensus Proofs allow any node in the consensus group to finalize the block. • The finalization proof is now separate from the block, meaning propagation delays cannot cause equivocation. • Effect: Equivocation is no longer possible, and consensus is more resilient to proposer failures. ————————— ℹ️ I4. How is cross shard execution changed with Andromeda Cross-shard execution—where a transaction involves accounts or applications across multiple shards—previously required at least six rounds to complete. Only after these six steps could the execution results be confirmed on the destination shard, allowing the MetaChain to notarize them and provide finality. Why did cross-shard execution require so many steps? Why was this necessary? • These steps ensure that every step of the cross-shard execution that happens in a different shard can not cause chain reverts in other shards. • However, they significantly slowed transaction finality. How does Andromeda optimize this? ————————— ℹ️ I5. Decreasing cross-chain proof verification complexity When proving that a block has reached consensus on one chain to another chain, multiple pieces of data must be transferred to enable proper verification. This includes information about the validator set responsible for reaching consensus on the block, as well as finality data that ensures the block is immutable and can no longer be reverted. Why did cross-chain proofs require extra metadata? • Pre-Andromeda, only 63 out of 400 nodes participated in each consensus group. • To verify a consensus proof externally, the cross-chain system had to: ○ Reconstruct how the 63 nodes were selected. ○ Verify the aggregated signature taking into account the aggregation order of their signatures. ○ This added significant metadata overhead to every proof. How does Andromeda simplify cross-chain proofs? • All 400 nodes participate in every consensus round in one epoch. • Signature aggregation follows a fixed order instead of shuffling. • Now, cross-chain verifiers only need the validator set once per epoch, instead of recalculating it for every block. • Effect: Cross-chain proofs are smaller, easier to verify, and require less data. ————————— // The solutions and their impact ————————— // Conclusion Andromeda represents a major milestone in improving transaction speed, security, and cross-shard execution in MultiversX. By eliminating confirmation blocks, removing equivocation risks, and streamlining network propagation, this upgrade lays the foundation for Supernova. Key benefits of Andromeda • Transaction finality is now instant—no need for confirmation blocks, if there exists a consensus proof, the block is final. • Cross-shard execution is 2× faster—cutting total steps from 6 blocks to 3 blocks. • No risk of equivocation—finalization is decentralized, eliminating leader control. • Faster network propagation—proofs spread in parallel, reducing delays. • Cross-chain verification is simpler—fixed validator sets remove unnecessary metadata. • Prepares the network for Supernova, enabling 600ms block times and parallel execution. With Andromeda and Supernova combined, MultiversX will achieve a 20× improvement in transaction finality, making it one of the fastest, most scalable and secure blockchain networks in existence.

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@Cointelegraph $EGLD / @MultiversX

🔥 JUST IN: FTX to start $16B creditor repayments on Feb. 18, 2025, with $6.5-$7B in the first phase. Payouts based on Nov 2022 prices.

🔍 INSIGHT: AI-powered romance scams are the latest frontier in crypto fraud, using deepfakes and chatbots to manipulate victims emotionally and financially.

🚨BUKELE: TAXES CREATE THE ILLUSION YOU ARE FUNDING THE GOVERNMENT “The real problem is not the high taxes themselves, but the fact they are not even really funding the government. The government is financed by Treasury bonds - and who buys the treasury bonds, mostly the Fed - and how does the Fed buy them, by printing money. So basically, you finance the government by printing money out of thin air. If the government can print the limited amounts of money, why would they need taxes? You pay high taxes only to uphold the illusion that you are funding the government, which you are not.” Source: @nayibbukele, @BitcoinNewsCom

Excellent article and thorough insights regarding the #ALTSEASON dynamics throughout its history. #ALTSEASON2025 will definitely not be as obviously expected as before as more key indicators are to be monitored in this cycle regarding its occurrence. tradingview.com/chart/BTCUSD/V…

0/ On MultiversX, its future, and taking the lead A thread, some fresh thoughts and perspectives. 🧵 – grab a ☕ of tea or coffee, it’s a bit longer than a tiktok vid –