For the record, you’re full of shit
edge retweeted
I am very sorry about this. However, covering up the problems will not make the project better; it will only lead to its chronic death.
edge retweeted
Good — at least now there is a clear sign that a financial report will finally be produced.
Before arguing how the treasury should be secured, let’s first clarify what exists.
That is non-negotiable.
You are the one who has been holding the majority of NF’s assets for years.
So the question is straightforward and rests with you, not me:
How much of NF’s total assets are currently under your control, and when will they be transferred to NF multisig custody?
Before shifting the focus elsewhere, please answer that first.
edge retweeted
Oh, really?
Then please explain this:
Why have the vast majority of Neo’s assets been under your sole control for years?
This includes BTC, ETH, and countless tokens from projects invested in by the Neo Foundation (NF)—all managed by you alone.
I have never received from you: a complete asset inventory, a financial statement, or even a clear answer to a basic question: how much NF actually owns.
So before lecturing anyone about “securing the treasury,” answer the obvious contradiction:
If multisig custody is “not negotiable,” why has NF’s non-NEO/GAS treasury remained a one-man black box for years—with zero disclosure and zero independent oversight?
That is the real issue.
False. I proposed that either you or I manage Neo because you intentionally delayed the treasury hand-over to NF for years. I'm not willing to risk Neo and the community anymore. That proposal was my last effort to get the treasury secured.
You agreed because you were running out of excuses after N3 migration. But after transferring a small portion to the multisig, you found new excuses. A blockchain project's treasury should be secured by multisig, not by one man after years of launching. It is not negotiable.
edge retweeted
I owe the community a clear explanation of why I originally stepped away from Neo, and why I later chose to return.
At the time, @dahongfei requested a private meeting. He told me that having two people jointly overseeing the Neo Foundation (NF) was, in his view, slowing Neo down and creating inefficient decision-making. His exact position was simple:
“Either you step away, or I do. I’m fine with either outcome.”
I believed him. Acting in what I thought was Neo’s best interest, I agreed on the spot that I would step aside and began cooperating with the transition of responsibilities.
However, not long after my departure, it became clear that this was not a neutral governance decision.
I discovered that he had begun developing an entirely new public blockchain project, EON, with plans to issue a separate token. At that point, the underlying motive became obvious:
my removal eliminated internal checks, making it possible to leverage Neo’s resources while building a separate, personally controlled project that directly competes with Neo.
This is not a governance disagreement.
It is a fundamental conflict of interest—and not something a Neo founder should ever do.
When I became aware of this, I confronted him directly and made my position clear:
if you are going to build a new project, you should not do so under the banner or authority of a Neo founder.
Given that he had explicitly said “either of us can step away,” I proposed the obvious alternative:
he should step away from Neo and focus fully on his new project instead.
That proposal was immediately and unequivocally rejected.
That refusal speaks for itself.
It exposed the earlier claim—that “either of us could leave”—as never having been genuine.
And it made clear that this was never about improving Neo’s efficiency.
What is unacceptable is attempting to retain control, identity, and influence within Neo while simultaneously building a competing personal project, potentially using Neo’s assets and credibility in the process. This is a breach of responsibility to the Neo community and its token holders.
That is why I chose to step back into the discussion, to openly challenge these actions, and to formally demand full, verifiable financial disclosure of NF’s assets.
I did not return for power or position.
I returned because I cannot accept Neo being stripped of internal checks and pushed into an opaque structure that contradicts the very principles it was built on.
edge retweeted
Theres a very long list of US products that cannot be sold in the EU thanks to EU regulations. Since the favorite pastime of the Trump regime and every US oligarch is now to demonize EU regulations, I thought it would be very much worth going through some of those products.🧵
Playing around with intervention studies on the Grokking (Power et al 2022) mod-add setup.
Confirmed that the grokked algorithm is low-rank in Q/K (effectively rank 1–2).
Noise tests sensitivity; ablation tests necessity. When they disagree this much, does it mean the algorithm lives in a very specific direction within that low-rank subspace?
Q/K turns out to be almost noise-immune here too. Meanwhile the MLP, despite being mostly irrelevant to the task, still takes ~9% damage.
Maybe it’s carrying tiny logit nudges or calibration offsets that help generalization but get scrambled by noise?
We must go deeper.
edge retweeted
Nepal appoints Sushila Karki as first female executive head
The former chief justice widely praised for her integrity was chosen by Gen Z to lead transitional government.
BINOD GHIMIRE
KATHMANDU, SEPT 12
Sushila Karki, a septuagenarian former chief justice, on Friday registered her name in a Nepali history yet again becoming the country's first female executive head. In July 2016, she made history becoming the first woman chief justice in Nepal.
Following rounds of deliberations the Gen Z movement, which toppled the KP Sharma Oli-led government, agreed on Karki to lead the transitional government. She had received the highest votes on Discord, a free communication platform, on Wednesday, making her the most favoured candidate to lead the post-revolution government.
Not only among the youngsters, she is also the most acceptable figure from among the proposed names for the traditional political forces.
Born on June 7, 1952, in Shankarpur of the present-day Biratnagar Metropolitan City, she studied at Mahendra Morang College in Biratnagar. She completed her Bachelor’s in Arts at the age of 20.
She moved to India for higher studies where she completed a master’s degree from Banaras Hindu University. Upon her return, she studied law and, at age 26, completed her Bachelor of Law (BL) from Tribhuvan University in 1978.
A year after earning her BL, on March 30, 1979, Karki began her career as a lawyer. From 1986 to 1989, she also taught at Mahendra Multiple Campus in Dharan.
During her time as a legal professional, she served as the president of the Koshi Zonal Bar from 1988 to 1990. She was also the president of the Biratnagar Appellate Bar from 2002 to 2004.
She earned the title of a senior advocate on December 19, 2004. Four years later, on January 22, 2009, she was appointed temporary justice of the Supreme Court. And two years later, on November 18, 2010, she became a permanent justice of the Supreme Court.
And, six years later, in July 2016, she became the first woman chief justice and led the judiciary for around a year. She retired in June 2017 upon reaching the mandatory retirement age, after the Sher Bahadur Deuba-led ruling coalition had brought an impeachment motion in April—widely seen as an attempt to block her verdict on the police chief appointment.
Those who have worked with her describe Karki as courageous and possessing the highest level of integrity. She is also known for her spartan way of life, they say. Ananda Mohan Bhattarai, former Supreme Court justice, says Karki and her husband have made significant contributions to the country’s democratic movement.
They are true Gandhians not just in ideology but also in lifestyle. “She has agreed to shoulder such a huge challenge demonstrating her courage. We all need to support her,” said Bhattarai, former Supreme Court justice who worked with her. “I am fully hopeful that she will lead through the transition period embracing democratic principles at the highest level.”
She has remained very vocal against corruption. During her tenure her bench issued landmark verdicts in corruption cases against politicians. Though she entered the top court through the Nepali Congress quota, she never compromised her integrity, according to those who know her work.
She is married to Durga Subedi, a Congress leader, who was involved in plane hijacking in 1973 to fund the anti-Panchayat movement.
“She has always maintained high level integrity in her entire life,” said senior advocate Bipin Adhikari, professor at Kathmandu University School of Law. He said in these challenging times she needs a sound team to lead the government. She needs to have good people around to ensure she leads the government successfully, he said.
Some argue that it might be difficult for her to move hand in hand with the way the new generation wants. However, Bhattarai thinks that should not be a problem.
“Gen Z found a true guardian in her. They have made the best choice,” he said.
