An educational new media research group (+podcast) focused on the sociocultural/cryptoeconomic issues related to crypto. Storytelling the future. 🎙⛓
San Francisco, CA
Joined January 2015
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New media is the future.
New media is defined as all the new formats and technologies to educate, entertain, and inform the public - and their application in new and interesting ways.
BlockChannel retweeted
a developer just put $2,000 in bitcoin on a server with the PHP vulnerability and dared the entire internet to steal it
17 hours later the money is still there
people are crashing the server but nobody can actually pull off the exploit
remember when i posted about marcus hutchins calling out all those fake AI-generated exploits on github? this is the proof
the vulnerability is real. but actually using it is a completely different story
$2,000 sitting on a broken server and the whole internet can't touch it
❗️ A developer hid a Bitcoin key on a PHP server left unpatched against PHP2Shell, the critical flaws fixed on Oct 21, and dared anyone to steal it.
17 hours on, the wallet holds ~$2,000 and nobody has taken it.
The developer says someone is crashing PHP but "still no RCE yet".
Readers added context they thought people might want to know
The GitHub repository cited as the source explicitly acknowledges in its README that the supposed exploit is fabricated: “And of course it’s fake. Duh. Note: No harm intended, purely for fun.”
github.com/0x1c1101/CVE-2…
BlockChannel retweeted
Introducing - Lapis One
We believe everyone should have a small Linux computer at home, and we’ve been thinking about what your first mini PC should look like in the age of AI agents. At Pamir, we want to bring a new wave of fun, hands-on tech to everyone.
We have deployed the first exam and interactive study guide for how to launch crypto hedge funds.
It will go live in a blogpost later today.
BlockChannel retweeted
🚨 Jesse Pollak is handing Coinbase's Base app to the trader known as Cobie, and using the moment to admit his big bet on crypto social apps and creator coins was "definitively wrong."
Full story: unchainedcrypto.com/cobie-ta…
BlockChannel retweeted
Native UTXOs on Ethereum.
Payments should be one-shot objects, not permanent state.
Bitcoin got this right. Ethereum can bring the same idea to payments: prove existence from history, keep only a spent bit in state, and reduce permanent state by ~99.8%.
Check out the blog post for details.
ethresear.ch/t/native-utxos-…
BlockChannel retweeted
Fable turned my remarkable into Tom Riddle's diary from Harry Potter.
My prompts fade, a LLM respond.
Magical!
BlockChannel retweeted
This tiny portable Sandisk SSD could hold the entire Bitcoin blockchain for the next 70 years.
Yet this insane fact still doesn’t stop people from fighting about nodes 😂
BlockChannel retweeted
We've made the difficult decision to wind down @EverclearOrg.
@LayneHaber @RHLSTHRM and I started Connext (later Everclear) in 2017 to help solve the painful UX holding Ethereum back from mainstream adoption.
Over the last 9 years, our team:
- Shipped the first production L2 (using state channels) in 2018.
- Contributed to the creation of the @MolochDAO, catalyzing renewed interest in DAOs.
- Pioneered the first intent-based bridge in 2020.
- Created the Chain Abstraction vision and demonstrated it's potential for staking/restaking protocols.
- Pushed forward ERC-7281 as a neutral, open standard for bridged tokens.
- Brought clearance to DeFi.
- Processed over $6B in network volume.
Throughout that time, we've also done our best to stay true to our principles and the crypto ethos; pushing for a higher bar of transparency and trust-minimization for ourselves and the space at large.
Even though this isn't the ending we ultimately wanted, I am *incredibly* proud of what our team has accomplished and grateful to those who have supported us all of these years ❤️
Longer post-mortem coming soon.
In the meantime, if you are a team that is hiring: we have a team of 10x operators who have executed ruthlessly through some of the harshest market conditions on shoestring budgets. Reach out!
Mandarin and Spanish translations being added to BlockChannel.com now.
First newsletter post since August 2023. We’re back. The audio show for BlockChannel will make its return later in the year once the host gets settled in a new place.
We’ve missed talking, learning and educating with you all.
No apologies, we needed the break to breathe.
BlockChannel retweeted
Short-term things being done to shift Ethereum toward native privacy:
* AA + FOCIL (makes privacy protocol txs, among many other things, first-class with strong inclusion guarantees)
* Keyed nonces: xitter.cf/soispoke/status/205163…
* Access-layer work (Kohaku, private reads...)
We can use social intelligence, data visualization, and AI to create realtime block politicking and policing. We can infer and analyze every series of transactions in fixed intervals or epochs. Then we can parse and solve those blocks by then delineating each suspect block..
Then we can delineate each block into a fixed legal jurisdiction. This enables politicking/policing of every block of value that transfers in the world. And voila, we can scale the world into the AI and Crypto Quantum world SAFELY and sensibly without unnecessary regulation