NashQ 🦣 (@nashqueue) 's Twitter Profile
NashQ 🦣

@nashqueue

🔬 Head of Research @celestia

Big blocks soar with speed,
Tiny nodes hum in delight—
All views are my own.

ID: 1492026903502462986

calendar_today11-02-2022 06:45:16

1,1K Tweet

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This is what I am talking about. In Bitcoin's early days, running a full node embodied the core principle of 'don't trust, verify' - users independently validated their transactions. Smart contract chains changed this. Ethereum's size forced users to depend on RPC providers,

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I don't like this. This makes the development of IBC V2 completely dependent on the hub and what the hub wants to do. Happy for the hub, but that dependency will kill the adoption and distribution that an open standard needs. It makes IBC ngmi if you don't want to depend on

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If Etherereum ever has more blob capacity than Celesia, I will eat a broom. Realistically, this will never happen because of many, many reasons. You must realize that Celestia is already past Ehereum's full dank-sharding throughput today without including the throughput

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Where this logic fails: Controlling 1/3 of the network for 1 blob does not imply the cost to corrupt EigenDA ~= 1/3 of the ETH stake Because there is no DAS and intersubjective forking/slashing the attack could work with 0 consequences. With slashing you need to buy 1/3 of

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This looks like a huge mispricing of gas. The first line of defense would be to adjust that. What is the reason for it being so mispriced? I get Solana because there they only do CU and DA is free but I am confused why that's also the case for OP-Stack Rollups.