- Tweets 2,439
- Following 80
- Followers 37,858
- Likes 5,034
Just to fill you in: I left the EF last year due to health issues and in an attempt to clear my head after working my ass off exclusively at the EF and on Ethereum for seven years.
I stepped aside, and the EF and the broader Ethereum ecosystem moved on without missing a beat—new leaders stepped up, and the machine kept running.
I got the much needed time to reflect without being so close to the gears of the machine. In my reflections, I got excited about the EF potentially entering a new era, not a full departure from prior strategy and philosophy, but an evolution to meet the world as it is today and as it has greatly changed over the past decade.
I opened a dialogue with Vitalik and others at the EF about such changes and the possibility of being involved in this new era. These discussions started long before this past week and are ongoing.
I’m grateful for the overwhelming support I’ve received from Twitter and many longtime friends and colleagues. However, some of the discourse has turned counterproductive. These are real people attempting to sort through and do what is best. With or without me, the EF is evolving and for the better. You’ve been heard, but vitriol is ultimately harmful to this process.
I believe in a community that fights its battles with respect and reason. So, fight for what you believe in, but please take the high road.
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I’m thrilled to announce that I’m joining as a cofounder of @etherealize_io to help onboard the world to Ethereum
I’ll be at the helm of the ship alongside @vivekventures and the incredible team he is building
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Put me in coach
But seriously, I think I could do an excellent job broadly representing Ethereum's interests in this kind of environment. Put me in
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Regardless of the future of Ethereum—whether with or without me in any capacity—I want to state publicly and very clearly that I have nothing but respect and praise for @AyaMiyagotchi's leadership and friendship. There are many reasons Ethereum has flourished over the years, and Aya has played a significant role in that. She has a deeply strategic mind and a pure heart. Not many people have had the chance to work closely with her, but I have. My successes in Ethereum have always been complemented by her support and guidance.
Even if you want to see changes with the EF, and even if your criticisms are valid, please look toward and help build a positive future. Please, put the pitchforks away.
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After much reflection, I've decided to step away from my roles at the EF and the Ethereum L1 ecosystem. It's been an incredible 7 years and I wouldn't trade it for anything. Thank you for everything
(more in the note below)
github.com/djrtwo/writing/bl…
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Proof-of-stake took a bit of time, but the loop is finally complete!
Happy Shapella, Happy withdrawals
Congrats
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Ropsten Merge was a MAJOR success
If this were mainnet, I’d be jumping for joy
🎉Congratulations to everyone involved🎉
Quick discussion and contextualization of issues seen during the transition below (thanks @parithosh_j for the details)
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I like ethereum
It has managed to capture my attention for nearly a decade. I suspect it'll easily do so for another
Thank you to everyone that has worked on the machine that is the sum of ethereum and everything built upon it
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Open, neutral, decentralized infrastructure must be the foundation for the future of US and global economic activity
Neutral infra provides a universal, persistent value proposition to any application or user—empowering them to refine, extend, and build upon that neutral stratum to meet an endless set of evolving needs
Systems that are biased, controlled, and otherwise not decentralized are fundamentally narrower - constricting innovation, encouraging local rather than global maxima, hampering free-market growth, and ultimately leading us to a more brittle outcome in an increasingly dynamic world
Decentralization truly matters if we're aiming for the largest possible positive impact on the US and the world, and *Ethereum remains our best bet*
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eth2 quick update no. 19
blog.ethereum.org/2020/11/04…
v1.0.0 specs released
Mainnet launchpad live 🚀
Thank you to the countless researchers, engineers, spec contributors, and community members that made this happen
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The Risks of LSD
notes.ethereum.org/@djrtwo/r…
Why Liquid Staking Derivatives cannot safely exceed consensus thresholds
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Any single actor, entity, or protocol exceeding key thresholds - 1/3 being critical - is a threat to Ethereum's security, neutrality, and legitimacy
There are dozens of great solutions out there. Protect your capital by staking with a minority solution
github.com/djrtwo/writing/bl…
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Repost -- LSDs above critical consensus thresholds pose risks to the Ethereum protocol
With withdrawals enabled, it's time to reshuffle
github.com/djrtwo/writing/bl…
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client diversity ftw
hard to imagine working on a system without it
not only does it bring an incredibly diverse set of characters to build, vet, and secure the specifications and implementations
but it literally saves the chain on days like today
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At @etherealize_io, I intend to build a new Ethereum institution with Real World Ethereum as its north star
The world is ready to come on chain, and we’re here to do the hard work necessary to make it happen
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Eth2 spec release v0.8 -- SubZero
The phase 0 spec freeze is here! Thank you to everyone for all of the incredible work that has gone into this
github.com/ethereum/eth2.0-s…
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lfg
An absolute honor to join the cracked @Etherealize_io team.
This moment feels like an inflection point for Ethereum, and I’m excited to do my part to help her reach her potential.
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Altair Mainnet launch at epoch 74240 (Oct 27, 2021, 10:56:23am UTC)!
blog.ethereum.org/2021/10/05…
Upgrade your nodes!
Now, onward to the Merge 🚀
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Finalized no. 29
blog.ethereum.org/2021/09/28…
Altair is here; the Merge is coming.
tl;dr below
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EF Data Availability Sampling (DAS) RFP just released
github.com/ethereum/requests…
DAS is a hard but critical problem to solve in order to take us from EIP 4844 to our fully scalable future.
$1.5M in funding earmarked for proposals!
We're happy to chat to help get you up to speed
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I'm not one to push my own talks, but I get asked about the Merge (PoW -> PoS) quite a bit.
This talk answers most of the basic questions.
Check it out
piped.video/8N10a1EBhBc
Yes, it's more secure.
Yes, it's 99.98% more energy efficient.
Yes, it's happening.
Yes, it's soon.
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Finalized no. 36
blog.ethereum.org/2022/08/12…
Merge sequence engaged 🚀
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Finalized no. 31
Attacks, mitigations, and timelines
tl;dr -- serious attacks, a simple fix, and no Merge delays
blog.ethereum.org/2021/11/02…
Huge shoutout to @jneu_net, @ErtemTas, and @dntse of @Stanford's Tse Lab for critical work in both identifying and remedying these issues🙏
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Lido passing 1/3 is a centralization attack on PoS.
We're bad at assessing tail risk, but staking in Lido at these thresholds has a lot of it.
In blockchain systems, tail risk isn't even necessarily so far fetch. Systems tend to hit edge cases, systems tend to get exploited 1/2
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Ethereum's Berlin upgrade is fast approaching
Final warning to stakers -- You *MUST* update your eth1 node for your validators to correctly follow incoming deposits
If you haven't done so yet, now is the time!
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Thrilled to announce I’m part of @etherealize_io as the final cofounder! I’m also the first cofounder. Does that sound a bit confusing? Let me explain…
ETHEREALIZE’S ORIGIN STORY
I’ve been involved in Ethereum for a decade. I believe in it deeply - it’s the only real shot the world has at putting civilizational infrastructure on fair, transparent rails.
July 23rd, 2024: the Ethereum ETFs launched. It was the day I’d been waiting for all year - Wall Street would finally wake up to Ethereum’s potential as the new operating system for global finance and further cement its position as the premier smart contract blockchain.
The ETF launch fell short of my hopes, prompting me to dig deeper. I soon realized that the level of education and knowledge about ETH on Wall Street was still extremely low. While Bitcoin benefits from a clear “digital gold” storyline, Ethereum’s complexity makes its value harder to communicate—and no one was bridging that gap. Compounding the issue, competing layer-1 blockchains were—and still are—spreading relentless lies and gaslighting to chip away at Ethereum’s market share.
The solution became obvious: Ethereum needed evangelization. It required a dedicated marketing and business development effort aimed squarely at Wall Street institutions. Together with my good friend @jamesfickel, an early ETH investor and Etherealize advisor, we dug deep into the Ethereum community for the right person to spearhead this effort. That’s when we met Vivek Raman. Vivek is a rare talent—a true unicorn. He’s brilliant, tirelessly hardworking, emotionally grounded, and perfectly suited for the role, with over a decade of experience on Wall Street and five years in Ethereum.
We reached out to Vitalik Buterin and the Ethereum Foundation with our idea. They not only endorsed it but provided a grant to kick things off. When Vivek saw Vitalik’s support, he committed fully to Etherealize, and we hit the ground running! Soon, though, we discovered that sparking Wall Street’s interest in Ethereum meant more than talk—it meant action. We needed to build products and software to seamlessly integrate Ethereum into their systems.
Enter Zach Obront.
Vivek brought in his friend Zach to develop prototype applications. Zach delivered an extraordinary suite of tools in record time—an entire production-ready prototype in just weeks. Having met thousands of developers and working for years as a software developer myself, I can say I’ve never seen anyone ship high-quality code that fast. As Etherealize’s ambitious mission to bring Ethereum into the real world crystallized, Zach joined as a cofounder.
Meanwhile, we’d been discussing our plans with Danny Ryan, an Ethereum legend who played a major role in driving critical improvements to the Ethereum protocol between 2018-2024. Danny was considering returning to the EF, or doing something new. We shared Etherealize’s vision with him, and he grasped it instantly. He became excited about the prospect of contributing to real-world adoption and dealing closely with important users, which could feed back into protocol R&D. After an intense weightlifting session with Vivek, Danny was on board—the rest is history.
After ideating Etherealize and mostly operating behind the scenes, I’ll now be taking on the role of Chief Strategy Officer. I will work to position Etherealize in the Ethereum ecosystem and drive the highest impact ways we can accelerate our mission of bringing Ethereum to the real world.
As we stand on the cusp of a transformative era, Ethereum’s moment to triumph is here. The Ethereum Foundation has appointed two exceptional co-Executive Directors, and we look forward to collaborating closely with them. Etherealize is partnering with the entire ecosystem to bridge innovation and real-world adoption. We’re here to energize Ethereum, elevate its narrative, and enable its potential to reshape the world. This is the moment we’ve all been waiting for—Etherealize is ready to help Ethereum not just succeed, but soar.
Ethereum is open for business.
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I'd also like to congratulate the @ethereumfndn on today's leadership announcement
@hwwonx and @tkstanczak both bring deep technical expertise, strategic thinking, and genuine thoughtfulness to the table as the EF enters a new era
The future is bright ✨
nitter.app/ethereumfndn/status/18…
1/ The Ethereum Foundation is thrilled to welcome Hsiao-Wei Wang and Tomasz Stanczak as co-Executive Directors. This new leadership structure marks an exciting new chapter in the Foundation's evolution as we continue to support a growing Ethereum ecosystem.
🧵
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Not a better pick to represent Ethereum and the future of finance, identity, and self sovereignty in our digital lives
Have fun @VivekVentures :)
Tune in live now!
piped.video/watch?v=9UQ0zKtx…
Our House written testimony highlights that:
- Ethereum is the gold standard for a decentralized smart contract chain
- Regulatory clarity will unlock 100x more assets, users, applications
- Decentralization isn’t just a buzz word; it means security, resilience, uptime
(1/2)
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Our work at @etherealize_io sits at the confluence of real adoption, commonsense regulation, ecosystem development, and critical R&D across L1, L2, and the application layer
Where @vivekventures serves as a bridge from the real world into Ethereum, I’ll serve as a bridge from Ethereum back into the real world
github.com/djrtwo/writing/bl…
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The State of Eth2, June 2020
(from my perspective)
blog.ethereum.org/2020/06/02…
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Lot's of fun and challenging stuff to tackle
Come work with me :)
It's time for Etherealize to accelerate.
We’re looking for all-star builders across engineering, marketing, legal, and operations to join us.
Our mission? Redefine capital markets on the safest, most secure, most battle-tested blockchain - Ethereum.
Open roles below:
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I'm excited to open this new chapter and look forward to collaborating with my longtime friends, colleagues, and new faces across the ecosystem :)
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Finalized no. 26 -- Steady progress on all fronts!
blog.ethereum.org/2021/05/25…
tl;dr below
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Finalized no. 34
blog.ethereum.org/2022/03/23…
Kiln🧱🔥 testnet is live, and the word of the month is Testing, Testing, Testing.
tl;dr below
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Finalized no. 37
blog.ethereum.org/2022/08/26…
tl;dr below
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Announcing eth2 attacknets -- beta-0!
github.com/ethresearch/publi…
We welcome white hats to bring down the two beta-0 attacknets for reward and fame :)
Check out the new "attacknets" channel on the eth r&d discord for discussion
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Are you
* a p2p networking wiz
* a lover hard problems
* self driven
* and want to change the world?
Then join us as on the EF consensus research team!
ethereum.bamboohr.com/jobs/v…
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So much fun jamming with @songadaymann
Glad to be back ❤️
DANNY RYAN IS BACK!
(improvised w @shakaleikaumaka and @dannyryan)
bid on the 1/1:
songaday.world/5905
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Finalized no. 38
blog.ethereum.org/2023/02/10…
tl;dr below
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eth2 quick update no. 22
blog.ethereum.org/2021/02/11…
tl;dr below
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All Ethereum (eth2) validators *must* upgrade their PoW (eth1) nodes to keep performing all of their duties!
If you haven't upgraded yet, DO IT NOW
Fork party in less than 24 hours 🍴
Less than 24 hours until the London hard fork activates on Ethereum mainnet ✨
A friendly reminder that you must update your execution layer (eth1) client before this date
If your eth1 client is not updated then your Nimbus (eth2) client will lose the ability to propose blocks!
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🎉The Academic Grants Round grantees!🎉
This round was a *huge* success, far exceeding our expectations in quality and quantity of submission.
The grantee list has a killer line-up, and I can't wait to see all of the exciting output to come.
blog.ethereum.org/2022/07/29…
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The new @ethnimbus release uses 1GB of memory on mainnet today and they expect they can get it firmly under 1GB in subsequent releases.
This is a *massive* accomplishment and makes it a no-brainer client to use in a post-merge context
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eth2 quick update no. 13
blog.ethereum.org/2020/07/23…
tl;dr below
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The EF is hiring a Research Engineer!
Do you love to
* Build networking tools
* Read the latest on ethresear.ch
* Prototype cutting-edge ideas
* And more?
Join us to help span the chasm between
abstract research🧪 and practical engineering🏗️
ethereum.bamboohr.com/jobs/v…
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Join @vdWijden @barnabemonnot @Infosecual @drigolvc and other technical experts to chat about the Merge Data Challenge *tomorrow* at 4pm UTC
nitter.app/i/spaces/1OyKAVwbwgzGb
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Finalized 33.
blog.ethereum.org/2022/01/31…
tl;dr below
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Finalized no. 30
blog.ethereum.org/2021/10/19…
🚨Altair is fast approaching. Upgrade your nodes! 🚨
🚨🚨🚨Now!🚨🚨🚨
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Finalized no. 32
blog.ethereum.org/2021/11/22…
tl;dr below
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New @ErigonEth release -- v2022.08.03-alpha -- contains a critical patch to post-Merge block production.
Highly recommended to update to this or a later version before the Merge
Links to latest client Merge versions here:
blog.ethereum.org/2022/08/24…
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37 hours until the Altair beacon chain upgrade 💫
Take part in the fun
Do not leave your node behind
Upgrade now, why wait
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This is sick
@ethPandaOps crushing it as always
Vape cabal? $1.5B? Libra? Trench warfare?
Brother what are you talking about? I'm busy watching the Ethereum beacon chain in the @ethPandaOps lab
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If these were the issues observed during the mainnet transition --
* 9% operator with a configuration problem
* two small bugs affecting a minority of stakers that can be fixed locally (no new code deployed)
Then it would be considered a resounding success
Fantastic work.
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"It is time for everybody to take client diversity seriously."
Strongly agree with @benjaminion_xyz
There are 4 excellent clients live on mainnet today
Protect yourself and protect the network by running a minority client -- teku, nimbus, or lighthouse
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Ever wondered how the EF’s Client Incentive Program works?
Full (technical!) details have just been added to the original blog post 🔬
blog.ethereum.org/2021/12/13…
tl;dr below
1/x
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Make it a social norm for all DAOs (and other network tokens) building on Ethereum to allocate 1.5% of their tokens to the individuals building and designing the L1 infrastructure they rely upon.
These researchers and devs do more for most tokens than any VC
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Finalized no. 35
blog.ethereum.org/2022/05/19…
tl;dr below
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eth2 quick update blog.ethereum.org/2019/10/23…
plan on doing more short and sweet updates for the community in the coming weeks and months :)
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Finalized no. 25
blog.ethereum.org/2021/04/02…
tl;dr below
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Eth2.0 spec release -- Steady Progress
See changelog here
github.com/ethereum/eth2.0-s…
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Calling data scientists, data engineers, data visualizers, developers, and anyone interested in digging into Ethereum data!
Announcing the Medalla Data Challenge
Help us make sense of Medalla through data analysis, visualizations, and enhanced tooling
ethereum.org/en/eth2/get-inv…
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. @ethereum's hotswap from Proof of Work to Proof of Stake will demonstrate once and for all that there is no need to continue to run archaic, energy burning crypto-economic consensus mechanisms
I suspect few will be interested in PoW after its shown to be obsolete
🚨99.95%+🚨
1. When @ethereum switches to Proof of Stake, the energy use of the network will be reduced by about ~99.95%.
One common reaction to this:
"how can you be so sure?"
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eth2 quick update no. 17
📣 Last chance to practice genesis before mainnet 📣
blog.ethereum.org/2020/09/22…
tl;dr below
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Announcing the Eth2 Staking Community Grants Round!
The Ethereum Foundation is funding a wave of grants for the creation of tools, documentation, and resources to make for a delightful staking and validator experience 🚀
Proposals due December 22nd!
ethereum.org/en/eth2/get-inv…
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eth2 quick update #14 -- all eyes on Medalla 👀
blog.ethereum.org/2020/08/03…
tl;dr below
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Just released Casper FFG v0.2.0 — Partial Slashing and Friends github.com/ethereum/casper/r…
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Finalized no. 28 -- The Road to Altair edition 🛣⭐️
blog.ethereum.org/2021/08/25…
tl;dr below
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v0.6.0 — Spring Cleaning — released!
github.com/ethereum/eth2.0-s…
Thank you to all the spec contributors and client teams for the incredible work!
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Withdrawals is a great time to catalyze a redistribution of stake amongst pools for a more secure Ethereum
Just like stakers succeeded in making Ethereum more resilient by switching consensus clients, we can do so at Shapella for pools
Do your part, switch to a smaller pool!
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1/ There has been a lot of discussion around "leadership" in Ethereum 2.0 this past week, much around the lack of it. I tend to see it the other way. Ethereum is strong because of abundant, world-class leadership.
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eth2 quick update no. 16
Get ready for the dress rehearsal!
Can’t travel these days
Miss the people, not the planes
Spadina, not Spain
blog.ethereum.org/2020/09/14…
tl;dr below
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Your project is not decentralized if you allocate 50%+ to insiders -- company/vcs/founders/devs/"foundation"/etc
I'm not sure where the line is, and at some threshold it might depend on the circumstances of the protocol, community, etc.
But at 50%+, it's clear as day
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Sure, there are many rollups being built but what about everything else that goes into making it a seamless experience and vibrant ecosystem?
Apply for the L2 grants round!
🎢 Layer 2 Grants round is open 🐼
The Ethereum Foundation seeks proposals for tools, analysis, research, and education on layer 2 rollups.
Details: esp.ethereum.foundation/laye…
The submission deadline is in six weeks. DMs are open if you have questions!
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eth2 quick update no. 21
blog.ethereum.org/2020/11/27…
Short and sweet.
* Genesis is Dec 1, 12pm UTC
* Configure your nodes 🖥
* Monitor updates through genesis 👀
Happy staking 🚀
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Check out @superphiz's #ETHOnline talk:
Intro to Eth2 & Staking for Beginners
Unbelievably clear and concise on all the things you wish you knew about staking in the upcoming eth2 launch🚀
piped.video/watch?v=tpkpW031…
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Eth2.0 spec release v0.3.0 — Let There Be Liquidity
github.com/ethereum/eth2.0-s…
Thank you everyone for all the bug fixes, clarifications, and feedback that went into this release!
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many CL clients on ethereum experienced high load due to an exceptional scenario. Lighthouse did not due to a different design approach. This kept the network live throughout the incident (at 40 to 50% of blocks) until the other clients caught up and the network finalized
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Since this blog post was released this morning, @gballet's Catalyst and @mkalinin2's eth2 phase 1 client are now working together! Incredibly exciting milestone :)
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PeerDAS -- a different DAS p2p design landscape to explore
ethresear.ch/t/peerdas-a-sim…
Simple designs in this direction *might* help uncover some multiple on 4844 scale sooner than our holy-grail of DHT solutions
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