msfewzk, zkVM, zkEVM and their Future
TL; DRZero-knowledge proof, which can guarantee computational integrity, correctness and privacy, has a lot of use cases in blockchain scaling and privacy.zk-SNARK and zk-STARK have their own advantages, and the combination of these two has more potential.zkVM empowers applications with zero-knowledge proofs, and zkVM can be categorized by instruction sets in mainstream, EVM, or newly-built ones.EVM compatibility includes EVM compatibility, equivalence, and specification-level compatibility.z...
msfew(Almost) Everything about Rollup
This post focuses on the Layer2 Rollup universe of Ethereum (only including Secured Rollup), and will explore the good and bad of the current Rollups from the core concepts and mechanism design in an easy-to-understand way, and think about the potential routes and advantages and disadvantages of each of their future solutions in terms of decentralization, further scaling, composability, and additional features such as privacy. A Secured Rollup is a Rollup model like Arbitrum or Optimism, wher...
msfew「Unified to Divided」Modular Blockchain and Data Availability Layer
0. Rollup’s BottleneckIf you read the previous post on Rollup I wrote, then you probably noticed that there was an intentional bug in the endgame comparison between Optimistic and zk Rollup. The conclusion was that Optimistic Rollup would outperform zk Rollup in the long run because there is no proving overhead. But in fact, Optimistic and zk Rollup actually take turns to take the lead in performance over time:Different types of Secured Rollups have different bottlenecks at different stages, ...
@HyperOracle, Prev @ForesightVen, @Google, @UnionPay Recent research is at HyperOracleBlog.eth's Mirror
msfewzk, zkVM, zkEVM and their Future
TL; DRZero-knowledge proof, which can guarantee computational integrity, correctness and privacy, has a lot of use cases in blockchain scaling and privacy.zk-SNARK and zk-STARK have their own advantages, and the combination of these two has more potential.zkVM empowers applications with zero-knowledge proofs, and zkVM can be categorized by instruction sets in mainstream, EVM, or newly-built ones.EVM compatibility includes EVM compatibility, equivalence, and specification-level compatibility.z...
msfew(Almost) Everything about Rollup
This post focuses on the Layer2 Rollup universe of Ethereum (only including Secured Rollup), and will explore the good and bad of the current Rollups from the core concepts and mechanism design in an easy-to-understand way, and think about the potential routes and advantages and disadvantages of each of their future solutions in terms of decentralization, further scaling, composability, and additional features such as privacy. A Secured Rollup is a Rollup model like Arbitrum or Optimism, wher...
msfew「Unified to Divided」Modular Blockchain and Data Availability Layer
0. Rollup’s BottleneckIf you read the previous post on Rollup I wrote, then you probably noticed that there was an intentional bug in the endgame comparison between Optimistic and zk Rollup. The conclusion was that Optimistic Rollup would outperform zk Rollup in the long run because there is no proving overhead. But in fact, Optimistic and zk Rollup actually take turns to take the lead in performance over time:Different types of Secured Rollups have different bottlenecks at different stages, ...
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@HyperOracle, Prev @ForesightVen, @Google, @UnionPay Recent research is at HyperOracleBlog.eth's Mirror
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👀 @EigenLayer mainnet soon.
🤯 Heard rumor that “ETH staked on EigenLayer are not really staked on EigenLayer”.
🤨 Is that true? Spoiler: It’s kinda true, but kinda false.
⬇️ 🧵
✌🏿 Two types of restaking on EigenLayer
Liquid restaking with LSD is, no doubt, staking on EigenLayer cuz you go to their frontend to restake into their smart contract.
What about Native Restaking?
https://docs.eigenlayer.xyz/eigenlayer/restaking-guides/restaking-user-guide/
Native Restaking is with native ETH and your validator with 32 ETH in the Ethereum consensus layer.
It is more complicated than pressing the buttons on EigenLayer frontend.
You need to…
You need to:
create your EigenPod contract
grant some power to AVS over this EigenPod
set your withdrawal address from the CL to this EigenPod
And
slashing only happens when you exit your validator from CL
😇 This makes it feel like:
Your restaked is not really in EigenLayer like restaked LSD, because it’s on EigenPod (actually still with EigenLayer)
Calculating those TVL is kinda hard, because you need to calculate TVL on EigenPod with CL withdraw address, then minus the “slashed” TVL
🫡 Check @jordanmmck’s thread on understanding EigenLayer if you are still confused.
One of the best explainer.
✨ Also, check out this dashboard for data by @ratednetwork on TVL of Native Restaking.
Always fun to see those rare data point!
https://explorer.rated.network/restaking?network=mainnet&timeWindow=7d
🧵 For more on EigenLayer, check out their post of threads.
🤭 I really wanna write up some spicy stuff on EigenLayer & Restaking on its security or future slashing events.
But I’m reaching the tweet word limit, so will do it in the future..
👀 @EigenLayer mainnet soon.
🤯 Heard rumor that “ETH staked on EigenLayer are not really staked on EigenLayer”.
🤨 Is that true? Spoiler: It’s kinda true, but kinda false.
⬇️ 🧵
✌🏿 Two types of restaking on EigenLayer
Liquid restaking with LSD is, no doubt, staking on EigenLayer cuz you go to their frontend to restake into their smart contract.
What about Native Restaking?
https://docs.eigenlayer.xyz/eigenlayer/restaking-guides/restaking-user-guide/
Native Restaking is with native ETH and your validator with 32 ETH in the Ethereum consensus layer.
It is more complicated than pressing the buttons on EigenLayer frontend.
You need to…
You need to:
create your EigenPod contract
grant some power to AVS over this EigenPod
set your withdrawal address from the CL to this EigenPod
And
slashing only happens when you exit your validator from CL
😇 This makes it feel like:
Your restaked is not really in EigenLayer like restaked LSD, because it’s on EigenPod (actually still with EigenLayer)
Calculating those TVL is kinda hard, because you need to calculate TVL on EigenPod with CL withdraw address, then minus the “slashed” TVL
🫡 Check @jordanmmck’s thread on understanding EigenLayer if you are still confused.
One of the best explainer.
✨ Also, check out this dashboard for data by @ratednetwork on TVL of Native Restaking.
Always fun to see those rare data point!
https://explorer.rated.network/restaking?network=mainnet&timeWindow=7d
🧵 For more on EigenLayer, check out their post of threads.
🤭 I really wanna write up some spicy stuff on EigenLayer & Restaking on its security or future slashing events.
But I’m reaching the tweet word limit, so will do it in the future..
@EigenLayer mainnet soon.
Heard rumor that “𝐄𝐓𝐇 𝐬𝐭𝐚𝐤𝐞𝐝 𝐨𝐧 𝐄𝐢𝐠𝐞𝐧𝐋𝐚𝐲𝐞𝐫 𝐚𝐫𝐞 𝐧𝐨𝐭 𝐫𝐞𝐚𝐥𝐥𝐲 𝐬𝐭𝐚𝐤𝐞𝐝 𝐨𝐧 𝐄𝐢𝐠𝐞𝐧𝐋𝐚𝐲𝐞𝐫”.
Is that true? Spoiler: It’s kinda true, but kinda false.
In this blog post, we will take you through the evolution of the protocol, by covering how EigenLayer's architecture emerged from the initial concept.
@EigenLayer mainnet soon. Heard rumor that “𝐄𝐓𝐇 𝐬𝐭𝐚𝐤𝐞𝐝 𝐨𝐧 𝐄𝐢𝐠𝐞𝐧𝐋𝐚𝐲𝐞𝐫 𝐚𝐫𝐞 𝐧𝐨𝐭 𝐫𝐞𝐚𝐥𝐥𝐲 𝐬𝐭𝐚𝐤𝐞𝐝 𝐨𝐧 𝐄𝐢𝐠𝐞𝐧𝐋𝐚𝐲𝐞𝐫”. Is that true? Spoiler: It’s kinda true, but kinda false.
In this blog post, we will take you through the evolution of the protocol, by covering how EigenLayer's architecture emerged from the initial concept.
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