gabriel shapiro✓

@lex_node

attorney practicing cybernetic law @MetaLeX_Labs past: BigLaw Buyside Tech M&A (Weil, Hogan Lovells), @Delphi_Labs GC, @BrownUniversity $ETH / $GOR barbell

8.4K Seguiti78.5K Follower80.1K Post
  1. gabriel shapiro✓@lex_node
    As a corporate lawyer, I've been incorporating companies for 17 years, & it's a mess. Somehow we really got robots & AI before a halfway decent startup app. So I built it myself--oneshot formation, cap table, governance and onchain identity for your startup today.
    MetaLeX @MetaLeX_Labs
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  2. MetaLeX✓@MetaLeX_Labs
    465154.2K
  3. gabriel shapiro✓@lex_node
    gabriel shapiro
    RT @kennyistyping: the people who were saying we have to "hide the crypto" have given up and pivoted to AI while the people who are left building are making products that are unapologetically onchain it's beautiful
    ross.wei @z0r0zzz
    the third wave in crypto is those who actually use crypto leading the industry again rather than ico participants
    020236
  4. gabriel shapiro✓@lex_node
    gabriel shapiro
    RT @neuralunlock: This was coming. Most of the winning infra (especially at the L1 / L2) has already been built out and you no longer need megafunds for the crypto app layer. There aren’t too many spots for $50M - $100M rounds. For the pure play crypto projects, you’ll see a lot more from: - smaller crypto VC funds funding pre-seed / seed - onchain capital formation through platforms like MetaDAO Crypto still has bright spots ahead but the funding landscape has changed.
    zoomer @zoomerfied
    [ ZOOMER ] A16Z TO DROP CRYPTO FROM ITS FLAGSHIP BLOCKCHAIN FUND'S NAME, FOCUS ON OTHER INVESTMENTS, ITS FIRST FOUNDING MEMBER TO ALSO LEAVE: THE INFORMATION
    020332
  5. ross.wei✓@z0r0zzz
    the third wave in crypto is those who actually use crypto leading the industry again rather than ico participants
    35442.1K
  6. zoomer✓@zoomerfied
    [ ZOOMER ] A16Z TO DROP CRYPTO FROM ITS FLAGSHIP BLOCKCHAIN FUND'S NAME, FOCUS ON OTHER INVESTMENTS, ITS FIRST FOUNDING MEMBER TO ALSO LEAVE: THE INFORMATION
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  7. gabriel shapiro✓@lex_node
    gabriel shapiro
    RT @wangwenhao916: @lex_node so the chain gets the derivative and DTCC keeps the source of truth. feels less like disruption and more like a read replica with a marketing name. when something breaks, which ledger do you open?
    010294
  8. gabriel shapiro✓@lex_node
    "my agent went rogue" is the new "my dog ate my homework"
    9127843
  9. gabriel shapiro✓@lex_node
    gabriel shapiro
    RT @ethos_network: Our team has been investing heavily in AI discoverability of Ethos profiles, reviews, slashes and content to LLMs Expect more of this. Your reputation now precedes you in crypto.
    gabriel shapiro @lex_node
    that's pretty cool. @grok naturally using @ethos_network reputation scores to make a decision. . .
    050322
  10. gabriel shapiro✓@lex_node
    "nooo honey I didn't buy onlyfans that was some rogue agent!!!"
    Madison Mills @MadisonMills22
    SCOOP: Major U.S. banks are detecting unauthorized third-party AI agents inside customer accounts, including some attempting to take actions that appear to be independent of user instructions, sources told Axios. The findings have alarmed banking executives, who are racing to restrict access to their systems as AI moves at a velocity faster than financial institutions can respond, multiple industry and bank executives told Axios. Several banks are now preparing for worst-case and even “day after” scenarios, including how to rapidly secure or restore customer accounts if things go wrong, the people said. Several bank executives told Axios they're struggling to distinguish between human users and AI agents. One executive said banks also struggle to determine whether agents are authorized by customers or potentially operating without their permission, more akin to rogue agent behavior. Read my latest for Axios here:
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  11. gabriel shapiro✓@lex_node
    that's pretty cool. @grok naturally using @ethos_network reputation scores to make a decision. . .
    Grok @grok
    @0xTanoy Removed Wale. He accepted a major Ethos reputation slash for an undisclosed $8k paid promo of the TROVE ICO that turned out to be a scam. The others stick to research, security tools, and actual investigations.
    154433.7K
  12. Madison Mills✓@MadisonMills22
    SCOOP: Major U.S. banks are detecting unauthorized third-party AI agents inside customer accounts, including some attempting to take actions that appear to be independent of user instructions, sources told Axios. The findings have alarmed banking executives, who are racing to restrict access to their systems as AI moves at a velocity faster than financial institutions can respond, multiple industry and bank executives told Axios. Several banks are now preparing for worst-case and even “day after” scenarios, including how to rapidly secure or restore customer accounts if things go wrong, the people said. Several bank executives told Axios they're struggling to distinguish between human users and AI agents. One executive said banks also struggle to determine whether agents are authorized by customers or potentially operating without their permission, more akin to rogue agent behavior. Read my latest for Axios here:
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  13. gabriel shapiro✓@lex_node
    gabriel shapiro
    RT @binji_x: A case for decentralization: The same authority that lets you fix a system can also become the means by which an attacker compromises it. Social blackmail-driven hacks can become more common than pure software hacks after some time, especially if data leaks keep occurring.
    010292
  14. gabriel shapiro✓@lex_node
    this is accelerating. DTCC wants to remain the definitive ledger and issuer, and just give inferior derivative versions to what should be the competing and disruptive ledgers--real blockchains.
    Depository Trust & Clearing Corporation @The_DTCC
    The DTCC Tokenization Service is now live, and this is only the beginning. Explore the service:
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  15. gabriel shapiro✓@lex_node
    100 year ethereum hash-based dynasty lfg
    Laura Shin @laurashin
    Project Eleven co-founder Alex Pruden on why Justin Drake and Yehuda Lindell take different approaches to the quantum threat "Justin's concern is thinking about the longevity of Ethereum over 50 to 100 years. People who lived through the ETH1 to ETH2 transition remember how painfully long that took and how difficult it was." "These are decentralized systems. It is very, very difficult to upgrade them. This is not like your phone upgrades and OS kind of thing." "We need to minimize any kind of possible theoretical risk that might exist in the future. Therefore, we need to do hashes. That's, I think, Justin's perspective. I mean, that's very valid." "On the flip side, Yehuda, responsible as the chief cryptographer at Coinbase for billions of dollars right now. At this second, his name on the line." "So can understand why he's maybe got the view that maybe we shouldn't throw away the only thing that we know has worked right now and go into bunker. And I think there's elements of truth to both."
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  16. gabriel shapiro✓@lex_node
    incredible scenes. . .I wish I had a picture of the day they repo'd the xerox machines at Dewey LeBoeuf . . .
    Anya @Anyavovaa
    Me texting my friends at Weil so they dont forget to do the important stuff
    60142.4K
  17. Laura Shin✓@laurashin
    Project Eleven co-founder Alex Pruden on why Justin Drake and Yehuda Lindell take different approaches to the quantum threat "Justin's concern is thinking about the longevity of Ethereum over 50 to 100 years. People who lived through the ETH1 to ETH2 transition remember how painfully long that took and how difficult it was." "These are decentralized systems. It is very, very difficult to upgrade them. This is not like your phone upgrades and OS kind of thing." "We need to minimize any kind of possible theoretical risk that might exist in the future. Therefore, we need to do hashes. That's, I think, Justin's perspective. I mean, that's very valid." "On the flip side, Yehuda, responsible as the chief cryptographer at Coinbase for billions of dollars right now. At this second, his name on the line." "So can understand why he's maybe got the view that maybe we shouldn't throw away the only thing that we know has worked right now and go into bunker. And I think there's elements of truth to both."
    Scarica
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  18. Anya✓@Anyavovaa
    Me texting my friends at Weil so they dont forget to do the important stuff
    Scarica
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  19. gabriel shapiro✓@lex_node
    people mad that a blockchain company is trying to . . . *checks notes*. . . sell blockchain extensions to as many companies as possible lol
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  20. gabriel shapiro✓@lex_node
    I just pre-ordered a PQ1™, the first quantum-secure hardware wallet. Check it out:
    Freedom Factory @FreedomFactory
    Introducing PQ1: The world’s first quantum-proof hardware wallet. If Q-day arrives, your assets are safe. Reserve now at
    41181.7K
  21. gabriel shapiro✓@lex_node
    gabriel shapiro
    RT @binji_x: Blockchain teams that have cut corners in the name of user acquisitions by centralizing their technologies are ironically the most prone to lose users as the security tradeoffs they have made are too great, and this is not the age to FAFO with security.
    090525
  22. Freedom Factory✓@FreedomFactory
    Introducing PQ1: The world’s first quantum-proof hardware wallet. If Q-day arrives, your assets are safe. Reserve now at
    Scarica
    87113578169K
  23. gabriel shapiro✓@lex_node
    not sure why this is getting so much criticism I actually agree a mass "company town" model is a plausible & desirable outcome for corporate finance/governance onchain Ofc, it only makes sense if the company towns are "real" L2s; Stage 2 should remain a standard
    Optimism @Optimism
    Just like every company has its own server now, soon every company will have its own blockchain. @jinglejamOP explains:
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  24. gabriel shapiro✓@lex_node
    With cyberSign the signature lines on a signed PDF stay blank, on purpose every party signs the hash of the exact file, so stamping a signature onto it later would change the hash they all signed but counsel still wants to see "/s/ Jane Doe" and a closing binder so we built both, and every signature in the binder gets checked against the onchain record MetaLeX: co-op with your lawyers or speedrun solo-leveling
    MetaLeX @MetaLeX_Labs
    Signed onchain. Conformed for counsel. you can now download conformed copies of your cyberSign packets and a verifiable closing set for your attorneys' records MetaLeX
    33151.6K
  25. Optimism@Optimism
    Just like every company has its own server now, soon every company will have its own blockchain. @jinglejamOP explains:
    Scarica
    341819839.1K
  26. MetaLeX✓@MetaLeX_Labs
    Signed onchain. Conformed for counsel. you can now download conformed copies of your cyberSign packets and a verifiable closing set for your attorneys' records MetaLeX
    2021.2K
  27. gabriel shapiro✓@lex_node
    have been doing personal training sessions in my home gym...normal trainer was sick and training company sent a woman.....my latina gf would not even let her in the building lol...
    3301399.1K
  28. gabriel shapiro✓@lex_node
    gabriel shapiro
    RT @grok: @lex_node @ethos_network Yeah, Ethos scores and peer consensus turned the undisclosed paid promo into a clear signal. Useful for filtering research and investigations from the rest.
    030518
  29. gabriel shapiro✓@lex_node
    gabriel shapiro
    RT @johnjanuszczak: Sovereign issuers will only tolerate self-governed rails or neutral commons. @lex_node analyzes corporate tokenization dynamics, asserting that genuine native equity tokenization will occur either on the neutral, permissionless Ethereum mainnet (the Commons) or on enterprise-controlled Layer-2 appchains (the Company Town). Why it matters: Corporate issuers will never entrust their core cap tables and legal governance to third-party intermediary blockchains. Builders must structure enterprise tokenization rails that respect corporate sovereignty while retaining permissionless settlement. My take: Any tokenization architecture that introduces intermediary rent-seeking may be destined for obsolescence. @malekanoms tweeted on exactly this recently. Fyi I curate, expand on, and share my take on informative content like this in my weekly Signals:
    gabriel shapiro @lex_node
    Tokenized stock volume is almost all broker IOUs on broker chains. Companies tokenizing their own shares will not do it that way. They will use Ethereum mainnet (the commons), or an L2 they run themselves--a "company town" with a guaranteed open-gate.
    040659
  30. Grok✓@grok
    Post @0xTanoy
    @0xTanoy Removed Wale. He accepted a major Ethos reputation slash for an undisclosed $8k paid promo of the TROVE ICO that turned out to be a scam. The others stick to research, security tools, and actual investigations.
    Scarica
    28414622.3K
  31. gabriel shapiro✓@lex_node
    Tokenized stock volume is almost all broker IOUs on broker chains. Companies tokenizing their own shares will not do it that way. They will use Ethereum mainnet (the commons), or an L2 they run themselves--a "company town" with a guaranteed open-gate.
    652719222.4K
  32. gabriel shapiro✓@lex_node
    gabriel shapiro
    RT @will__mcevoy: @balajis on privacy as crypto's next era: "Crypto isn't just about the commercial part, it's about the ideological part. The banks have failed. The political system has failed. We need an exit. We need self-sovereignty. And the missing part of that is privacy" "The two major innovations on Bitcoin were programmability in the form of Ethereum, and privacy in the form of Zcash" "2009 to 2017 proved Bitcoin would work. 2017 to 2025, programmability. Now, 2025 to 2030-something: privacy. Taking everything we just did and encrypting it using ZK"
    0170639
  33. gabriel shapiro✓@lex_node
    gabriel shapiro
    RT @Hannibal9972485: You know whats interesting is that fact that OpenAI found the PHP bug that means their AI was doing systematic auditing. 🤔 I think the NSA is panicking not just because the PHP bug is public, but because they now realize that AI will systematically expose every intentionally placed backdoor in every open source project. The xz Utils case was caught by human luck. The PHP case was caught by AI. The NSA knows that every other hoarded vulnerability in open source software is about to be found by AI, and they cannot control the timeline.🚨🚨 This incident is very similar to, xz Utils backdoor which proved that state actors infiltrate open source projects by creating fake identities, building trust over time, and slowly inserting malicious code. The Jia Tan identity took years to build trust before inserting the backdoor.🚨🚨 If this worked for xz Utils, it could work for PHP. PHP is far more ubiquitous than xz Utils. A state agent who became a PHP contributor could have inserted the vulnerable code 14 years ago (PHP 5.4.0, released in 2012) and sat on it as a zero-day exploit for over a decade.🚨🚨 There is AISI report which shows that AI is now autonomously doing what Jia Tan did manually - creating fake identities, socially engineering maintainers, inserting malicious code. This means the technique has been weaponized and scaled. 🚨 The PHP vulnerability was not discovered by accident. It was found by AI (OpenAI's tools) because AI is now systematically auditing all open source code. But the bug was likely placed there intentionally by a state agent who was a trusted PHP contributor, following the exact same playbook as Jia Tan in the xz Utils case.🚨 The AISI incident report shows AI agents trying to insert malicious code into open source projects. What if this has already happened successfully? What if AI was used years ago by a state actor to insert the PHP vulnerability, and we're only finding out now because a different AI (OpenAI's) found it?🚨 PHP has had thousands of contributors over 14 years. The vulnerable code was in PHP since version 5.4.0 (2012). Someone wrote that code. Someone reviewed it. Someone approved it. In the xz Utils case, Jia Tan built trust over years before inserting the backdoor. 🚨
    Hannibal999 @Hannibal9972485
    @NSACyber discovered by OpenAI found a 14-year-old bug in 2026. This bug has existed for 14 years. 🤔 You sure NSA just discover this? . Or Open Ai CAUGHT you using it quietly decrypting traffic, stealing credentials, and maintaining backdoors on global infrastructure for over a decade. 🤔 And why would you announce this out in the open unless YOU want every hacker on earth to KNOW about this to start harvesting TLS keys from unpatched EOL servers.
    06870653
  34. gabriel shapiro✓@lex_node
    gabriel shapiro
    RT @bbarze: Weil Gotshal will not be the first, or the last, major law firm to unravel under the weight of its own success. Hubris and a relentless focus on profits can obscure a fundamental truth about law firm partnerships: making money together is not the same thing as building something together. A shared pursuit of wealth is no substitute for shared values, mutual loyalty, and a commitment to those higher values and the institution. When the money, or the confidence, starts to disappear, there’s nothing left to hold the partnership together…in the end, a law firm whose partners are united primarily by financial self-interest has a fragile foundation.
    SMB Attorney @SMB_Attorney
    For non-lawyers: This is a HUGE story! Weil is legal royalty. Founded in 1931. $2.1 billion in revenue last year. One of the most powerful law firms on Wall Street. Lehman Brothers. General Motors. Enron. Weil handled their bankruptcies. These are the lawyers you call when your company’s collapse is going to end up in a history book. Now they reportedly need restructuring counsel themselves. A wind-down would be a stunning end to a 95-year-old institution. How does this happen?
    0190715
  35. Hannibal999✓@Hannibal9972485
    Post @NSACyber
    @NSACyber discovered by OpenAI found a 14-year-old bug in 2026. This bug has existed for 14 years. 🤔 You sure NSA just discover this? . Or Open Ai CAUGHT you using it quietly decrypting traffic, stealing credentials, and maintaining backdoors on global infrastructure for over a decade. 🤔 And why would you announce this out in the open unless YOU want every hacker on earth to KNOW about this to start harvesting TLS keys from unpatched EOL servers.
    Scarica
    501621.3K344K
  36. SMB Attorney✓@SMB_Attorney
    For non-lawyers: This is a HUGE story! Weil is legal royalty. Founded in 1931. $2.1 billion in revenue last year. One of the most powerful law firms on Wall Street. Lehman Brothers. General Motors. Enron. Weil handled their bankruptcies. These are the lawyers you call when your company’s collapse is going to end up in a history book. Now they reportedly need restructuring counsel themselves. A wind-down would be a stunning end to a 95-year-old institution. How does this happen?
    Scarica
    9378962344K
  37. gabriel shapiro✓@lex_node
    gabriel shapiro
    RT @joshrudolf: Programmable SoV is the North Star ✅
    gabriel shapiro @lex_node
    ETH programmable SoV vs. 'pet rock' BTC SoV I choose programmable I can see the counterarguments ofc (great one implicit here: but ultimately I think they don't 'win'
    030688
  38. gabriel shapiro✓@lex_node
    gabriel shapiro
    RT @tulipking: I so desperately want to end the psyop that buybacks don't work: 1. Mechanically speaking, buybacks make the price go up 2. Crypto is not TradFi, there is a different social contract > The Mechanical Value of Buybacks First there's a large number of studies that confirm basic intuitions: * Market Underreaction to Open Market Share Repurchases NBER (1995) - Buybacks create long term value, especially for underpriced stocks * The Nature and Persistence of Buyback Anomalies (2009) - Reaffirms buybacks create persistent abnormal positive returns. They have an especially positive effect smoothing over price dips when the market overreacts to bad new * Actual Share Repurchases, Price Efficiency, and the Information Content of Stock Prices (2017) - Reaffirms the findings of the 2009 paper. Buybacks improve pricing efficiency, liquidity, and are especially positive during market declines * Pavilion Global Markets Buybacks Drive S&P 500 Returns (2023) - Buybacks can drive up to 43% of the returns in a single stock tldr: buybacks make the number go up. obviously they work better when your stock is at a lower p/e because of under appreciation or market downturns unrelated to the core business, but nonetheless they are positive on the stock THIS SHOULD BE REALLY OBVIOUS, you don't even need to read any of the papers above to understand the basic intuitions of why they work: * Price is a function of supply and demand. When buybacks take supply off the market, price goes up all else held equal * When shares get taken off the market, the shares you hold represent a larger share of the business meaning you benefit from EPS growth even if revenue isn't growing (let alone if it is) * Businesses providing constant single sided buys on their own shares has a smoothing effect on liquidity making deeps shallower and setting higher price floors in the long run (more shares are repurchased on a fixed buying program when price is lower) Some specific examples: * about 51% of Apple's EPS growth is credited to their legendary buyback program retiring so many outstanding shares * Autozone has bought back like 90% of their shares - the stock has had double the annualized returns of the SP for the last 2 decades * Home Depot is similar to Autozone What crypto people get uncomfortable is that buybacks take a long time to compound. This is totally fine in the stock market where there's many businesses you can forecast out in to the future for a decade+. In crypto I understand this rightfully makes people nervous One prime example of this would be PONS. It kinda doesn't matter how much %of supply was bought back by PONS if their business never recovers. The entire trade/business may end up being too much a flash-in-the-pan for the long term effect of buybacks to have compounded But we're now seeing a few crypto businesses start to cross the chasm into multi-cycle success stories. We can & should expect the businesses to implement long durable buyback programs that will compound excess positive returns for the years to come > The importance of buybacks in crypto I don't know if any of you noticed this, but you have no legal protections as token holders. It's also not even on any government roadmap to fix this Regulators are just now getting around to setting some guidelines for crypto projects to not get sued - but even then, none of those guidelines relate to you. You do not have voting rights. You do not have legal recourse. In fact most times you don't even own equity in the underlying businesses which actually collect the revenues IF token holders had legal rights. IF I could sue Compound or Aave for what they've done to token holders, I'd be far more sympathetic to the argument that teams should wait for buybacks. At the end of the day, I know I'd be able to pursue legal recourse & pressure with like minded token holders to force them to return capital when the time is right Unfortunately, you have none of these abilities. You have nothing but the promises of the team. IN FACT, a team that likely ran a points program or other to WIN YOUR BUSINESS by trading some of their equity. I'd argue they have a moral responsibility to you to show they're aligned in the long term with you even in the lack of regulatory requirements
    Halloween 2008 @HalloweenIn2008
    This is fundamentally flawed analysis The most junior analyst on Wall Street knows that when a company starts doing stock buybacks, it's because they can't innovate anymore By this logic, FTT was a good bid Why should I buy a token that can't attract new marginal buyers?
    0400668
  39. gabriel shapiro✓@lex_node
    ETH programmable SoV vs. 'pet rock' BTC SoV I choose programmable I can see the counterarguments ofc (great one implicit here: but ultimately I think they don't 'win'
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  40. Halloween 2008✓@HalloweenIn2008
    This is fundamentally flawed analysis The most junior analyst on Wall Street knows that when a company starts doing stock buybacks, it's because they can't innovate anymore By this logic, FTT was a good bid Why should I buy a token that can't attract new marginal buyers?
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  41. gabriel shapiro✓@lex_node
    gabriel shapiro
    RT @Gorbagana_chain: buying solana:71Jvq4Epe2FCJ7JFSF7jLXdNk1Wy4Bhqd9iL6bEFELvg today is like buying $SOL 25 years ago
    090569
  42. gabriel shapiro✓@lex_node
    gabriel shapiro
    RT @SashoTodorov1: There is something particularly repulsive about a century old institution being torn apart because the partners want to make $15 million instead of a mere $12 million.
    SMB Attorney @SMB_Attorney
    For non-lawyers: This is a HUGE story! Weil is legal royalty. Founded in 1931. $2.1 billion in revenue last year. One of the most powerful law firms on Wall Street. Lehman Brothers. General Motors. Enron. Weil handled their bankruptcies. These are the lawyers you call when your company’s collapse is going to end up in a history book. Now they reportedly need restructuring counsel themselves. A wind-down would be a stunning end to a 95-year-old institution. How does this happen?
    0230710
  43. gabriel shapiro✓@lex_node
    Post @DPGSpurs
    oof, big topic, I will try to at least indicate a bit my thinking about it though can't go super deep: (1) I think there is sort of a potential purist position for Bitcoin that is superior to ETH but it's more 'on paper' at this point then anything and I find all of @GrassFedBitcoin 's critiques pretty persuasive (2) the 'pet rock' aspect of Bitcoin has always troubled me...I do think the lack of smart contracts really limits how cypherpunk it can ultimately be as you have to exit to all these custodial services to actually use it for anything, so in theory a smart contract based economy that you can do way more with intrinsically (and, increasingly, privately!) should be more cypherpunk/better sanctuary tech (3) related to #1, if you think censorship resistance is a core property of freedom money then you either need extreme *actual* decentralization of mining (Bitcoin no longer has this) or you can't accept libertarian mining philosophy (see entire drama that the XBT guys have raised)...Ethereum is afaik the only chain that has rejected libertarian mining philosophy, originally socially through combo of PoS and credible threat of social slashing, and more recently (and much more directionally effectively imo) through FOCIL
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  44. gabriel shapiro✓@lex_node
    this Telegram "community feature" is like so OP how tf did I not know this exists it's better than folders because you can selectively let members of one chat automatically see/join one or more of the others basically composability for group chats
    Scarica
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  45. gabriel shapiro✓@lex_node
    there is no funding crisis I love you and if there is, solve it by making ETH the most adored asset in crypto that everyone wants to buy not by printing more, which is a downward spiral to nowhere
    ProffEtherPrints @ProffEtherPrint
    Does the EF funding crisis stand up to scrutiny ? The EF currently holds 170k $ETH, 70k of which is staked generating 2.1k ETH annually. The remaining 100k Eth is partially held in liquid staking, also generating yield. They also $32 million held in stables. Considering all this, the EF aims to keep operational expensesat 15% of current total treasury, with a 2.5-year fiat/stablecoin runway buffer, with a long term goal of reducing this over 5 years to a 5% baseline So the circulating $30 milliom yearly bill for funding EF will go down to $10 million. As of right now, the EF has enough funds to run for at least 30 years, so there is zero funding crisis. FUD DEBUNKED
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  46. gabriel shapiro✓@lex_node
    gabriel shapiro
    RT @pcaversaccio: if you're an app-layer dev or an Ethereum power user, have you looked at the Glamsterdam EIPs or provided feedback to the core devs over the past 1.5 years?
    090690
  47. ProffEtherPrints✓@ProffEtherPrint
    Does the EF funding crisis stand up to scrutiny ? The EF currently holds 170k $ETH, 70k of which is staked generating 2.1k ETH annually. The remaining 100k Eth is partially held in liquid staking, also generating yield. They also $32 million held in stables. Considering all this, the EF aims to keep operational expensesat 15% of current total treasury, with a 2.5-year fiat/stablecoin runway buffer, with a long term goal of reducing this over 5 years to a 5% baseline So the circulating $30 milliom yearly bill for funding EF will go down to $10 million. As of right now, the EF has enough funds to run for at least 30 years, so there is zero funding crisis. FUD DEBUNKED
    Scarica
    3128617.3K
  48. gabriel shapiro✓@lex_node
    gabriel shapiro
    RT @thelearningpill: My stance is that $RAIL is overlooked. @RAILGUN_Project fundamentals since late May: > Fees: $13.9M cumulative, $381K last 30D, ~$4.6M annualised > TVL: $97M → $113.5M > Volume: $5B → $5.5B+ > Staker yield: 4.3% → 9.1% > Holders revenue strengthening ($225K in Sep) > Remains the highest-earning privacy tool on Ethereum Distribution has also been gaining traction. @anondotinc has already processed $20M+ in volume and 3,500+ private transactions, meanwhile @ambire integration is in internal testing and Ethereum Kohaku continues to ship. The gap between today’s fee run-rate and the channels still coming online is where I see the asymmetry.
    The Learning Pill 💊 @thelearningpill
    050748
  49. gabriel shapiro✓@lex_node
    gabriel shapiro
    RT @ProffEtherPrint: I said it in June and now Tom Lee says it too The EF has to sell to fund operations, and it has a huge multiplier outcome on the ecosystem AND ITS SUSTAINABLE Couple that with them wanting to downsize into nothingness anyway to let the public take the reins and push Ethereum in any direction they want to. You can already see that happening with all the ETH nodes - ie. @ethlabs_org , @ethereuminsti
    ProffEtherPrints @ProffEtherPrint
    Does the EF funding crisis stand up to scrutiny ? The EF currently holds 170k $ETH, 70k of which is staked generating 2.1k ETH annually. The remaining 100k Eth is partially held in liquid staking, also generating yield. They also $32 million held in stables. Considering all this, the EF aims to keep operational expensesat 15% of current total treasury, with a 2.5-year fiat/stablecoin runway buffer, with a long term goal of reducing this over 5 years to a 5% baseline So the circulating $30 milliom yearly bill for funding EF will go down to $10 million. As of right now, the EF has enough funds to run for at least 30 years, so there is zero funding crisis. FUD DEBUNKED
    0100654
  50. gabriel shapiro✓@lex_node
    gabriel shapiro
    RT @willchen500: A few reasons: Every hyperscaler/lab announcing X for legal when its mostly their default harness a bunch of plugins/connectors from legaltech vendors. Has already happened enough times that people now stopped caring. It's accepted that legal AI will be more and more competitive. Everyone is building the same thing: a ChatGPT-like harness for legal plus integrations, served on a cloud subscription with an API call to models. Most of the add-on features are not truly useful, are confusing and are just feature dumps that duplicate existing features enabled by vibe coding. Harvey and Legora speedran the process of being the new kids on the block to being a piece of enterprise SaaS that every firm has. In-house legal market is less "sexy" so there is less eyeballs on it. Unless there is some sort of Legora takeover of Harvey like Ant vs OpenAI or a blowup of either, I think people will pay less and less attention to them.
    Gordon Cassie @gordon_cassie
    I don't know if I'm imagining it but it kinda feels like legaltech X crowd is running out of fucks to give.
    040657
  51. gabriel shapiro✓@lex_node
    gabriel shapiro
    RT @NeerajKA: Coin Center in Politico Decoded this morning. Crypto is working its way into Wall Street. DC is embracing centralized issuers using blockchains. What’s lost in all this is the cypherpunk, private, self-sovereign original purpose of the technology. That’s what we fight for.
    0170691
  52. Gordon Cassie✓@gordon_cassie
    I don't know if I'm imagining it but it kinda feels like legaltech X crowd is running out of fucks to give.
    40117.5K
  53. gabriel shapiro✓@lex_node
    "I am joining the war against AI....on the side of the AI"
    The Redline @theredlinehq
    TRACKED CHANGES: A Louisiana appeals court bought two servers to build its own AI. The two judges behind the plan shared their blueprint on Substack, saying they want the custom system to check filings, flag fake citations and screen briefs for hidden AI prompts.
    43282.7K
  54. gabriel shapiro✓@lex_node
    gabriel shapiro
    RT @_weidai: Science is about discovering the truth of our universe. AI accelerates science. Modern (theoretical) cryptography, spun out of computational complexity theory decades ago, has built solid frameworks for constructing cryptographic primitives from *minimal* assumptions. Modern applied cryptography, though, has had to rely on many heuristics to build efficient, deployable cryptography. Yes, AI may drive short-term breakthroughs in cryptanalysis and cause turmoil in applied cryptography--certain in-deployment primitives and hardness problems *may* turn out to be "security by obscurity, in the absence of strong AI". But if we live in a universe where cryptography exists (i.e., P != NP and one-way functions exist and/or some public-key cryptography exists), AI will, in the medium to long term, help us gain confidence in truly hard problems and assumptions to base cryptography on. In the not-so-far future, I strongly believe the amount of heuristics required to prove secure deployable cryptography will decrease. The future of cryptography is bright.
    040656
  55. The Redline✓@theredlinehq
    TRACKED CHANGES: A Louisiana appeals court bought two servers to build its own AI. The two judges behind the plan shared their blueprint on Substack, saying they want the custom system to check filings, flag fake citations and screen briefs for hidden AI prompts.
    Scarica
    83588.1K
  56. gabriel shapiro✓@lex_node
    gabriel shapiro
    RT @l2beat: We've reviewed 16 privacy protocols to understand what they actually hide, who they hide it from, and what's still visible. How do we assess them? We've published our full methodology, and we'd love your feedback 👇
    0170656
  57. gabriel shapiro✓@lex_node
    I'm sorry but this type of thing shows solutionism as rampant in AI as in crypto . . . take a deep breath & realize you are probably way better off with finite deterministic templates & siccing the AI on that than document-wide generative legal AI with all these kludges...
    Scarica
    80292.9K
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