unifying perspectives AI | DeFi | Product
New York, NY
Joined November 2012
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Yash Devarshi retweeted
not only am i not worried about the crypto community's ability to handle the upcoming ai/quantum threat, i will venture to say that in the next 2 yrs the world will realize crypto is far better prepared for it than the rest of the internet and finance. we've had a trillion dollar *irreversible* honey pot for a decade, producing a far more battletested system and adversarial security culture than pretty much anywhere else on earth.
Yash Devarshi retweeted
For the world to use the world computer, transactions must be encrypted until finalization
- The world computer is an apt framing for crypto's value proposition. Exchanges, money markets, and other DeFi primitives exist as shared global state, accessible by people anywhere, who send transactions “from their keyboard to the mainframe”
- If we have many users typing commands at their keyboard to send to the mainframe, then it would be super unfair to allow other users to see what people are typing before their commands get executed
- The solution is to encrypt transactions until finalization. Like sending sealed vs unsealed envelopes, it reduces temptation by the mailman to open up your mail. This is the only way to definitively stop extraction by middlemen (wallets selling order flow to searchers, validators selling access to pending transactions, etc)
It is kind of insane that we are all working on a system based on cryptography, but there is no trustless secure transmission method for landing transactions. Practical encrypted mempools are the key
Yash Devarshi retweeted
Morpho has the largest share of Robinhood ecosystem TVL.
@Morpho holds $812.9M, followed by @SteakhouseFi at $433.3M and @Uniswap at $93.83M.
The ecosystem has $1.48B in total TVL across 201 protocols.
Tokenized equities are breaking out
$25B+ in volume already this August, an all-time high
We're just getting started.
Proof of human authorship to be verified onchain.
Human Ink is coming to @worldnetwork
No more guessing based on em dashes or backwards sentences.
Just an immutable signature that something wasnt written with AI.
Lets prove you wrote it not ChatGPT or Claude ;)
Onchain: worldchain-mainnet.explorer.…
Yash Devarshi retweeted
📊 Last week, @Aptos recorded 79.2M transactions, the highest weekly total over the past year
Since late February, weekly transactions have risen steadily, coinciding with a number of developments:
- The launch of @Decibel on Feb. 26, which pushed weekly transactions up by 44% to 67M the following week
- Aptos implemented a broader network overhaul where staking rewards were reduced to 2.6%, gas fees were increased 10x, and hard capping APT supply at 2.1B
