
Stablecoins & DeFi 365 | Growth @semanticlayer | Prev: Co Founder @wenllama, DeFi Advisor @join_ef
Joined October 2022
- Tweets4.4K
- Following504
- Followers1.4K
- Likes39K
wwpk retweeted
I don't recommend anyone scramble to move their funds to new wallets today. But we should take the risks to cryptography from AI-accelerated math seriously, and minimize our exposure to not just quantum-vulnerable cryptography, but also potentially AI-vulnerable cryptography.
The core new area of risk from this viewpoint is, unfortunately, ML-DSA / FHE / lattices.
(and it's also another reason, along with quantum, why ECDSA might fall even faster than expected, hence the "fresh address" recommendation)
So far most people have been in the mode of thinking "elliptic curves broken, hashes safe, lattices safe". But there is a good chance that the concrete security of lattices will take serious hits from the next two years of AI math.
The basic threat model is: factoring is something that naively takes 2^(n/2) time, but over decades smart people have found and optimized number field sieves, and degraded that to 2^O(n^(1/3)), which is why RSA keys and signatures need to be ~400 bytes (and not 64 bytes). What if there are skeletons in the closet like that, both for elliptic curves and lattices, that we are simply not smart enough to discover - but bots soon will be?
This is a major part of the reason why for the past year ethereum's lean roadmap has been going in the "hash-only" direction: no lattices, no ML-DSA, no Falcon, no lattice-based commitments inside ZK proofs, etc. Signatures in lean ethereum are all hash-based, either WOTS or SPHINCS-.
For signatures and proofs, we already know how to go hash-only. The bigger challenge is for *public-key encryption* - and this goes far beyond blockchains. Secure communication, anonymizing protocols, lots of things need public-key encryption.
And unfortunately there are long-standing mathematical theorems showing why public-key encryption cannot be done with hashes alone. You have to have some kind of trapdoor object that has at least one form of usable "structure" - either group theory (incl. isogenies) or lattices or code-based or potentially in the future even more newfangled and spooky things (local mixing?). But for anything that has structure, you should assume that AI will make at least some progress in breaking that structure. Here, one reasonable inference is that if you want to make something plausibly long-term secure, multiply the key sizes by 10.
To me that's a very plausible world and something not at all extreme to predict. If AI will bring us 50 years of math in 2 years, then that 50 years of math may very plausibly include a "naive factoring -> GNFS" level of improvement to our ability to break lattices. In that world, lattices will still exist, but they will have to be significantly bigger to guarantee the same level of safety.
And at those new larger sizes, hash-based constructions will beat lattice-based constructions on concrete efficiency in every use case where hash-based constructions are possible at all.
Theoretically, of course it's possible that hashes are broken too (eg. P = NP would imply that). But I think P = NP is very unlikely. And intuitively, it's much more likely that a mathematical object has exactly no exploitable structure (like hashes are intended to), than that a mathematical object has exactly ~3 forms of exploitable structure (for elliptic curves: associativity, Schoof, pairings) and not some secret fourth form of structure we have not yet discovered that greatly degrades its security (for elliptic curves, ECDLP and pairing security). Similar for LWE, SVP, RLWE and the zoo of lattice problems.
For this reason, we do not yet see any reason to worry and start padding the byte size of hashes (if we start to worry more, we would pad the round count first before doing anything to the byte size).
Concrete TLDR, my own personal views:
* Hash-based > lattice-based, in those situations where hash-based is possible at all
* For anything lattice-based, be much more paranoid on param sizes. Remember that blockchains are only a small portion of the cryptography story; this point goes far beyond blockchains and applies to eg. access to websites, secure messaging, Tor / VPNs ...
* For privacy protocols, strongly favor NOT putting encrypted notes onchain. Instead, send them offchain through some third-party mechanism.
* If it's not difficult for you, keeping your funds in addresses which have not yet been used to make a transaction is a good idea. If it's easy for you, do it. **But be careful about migrations; I personally have lost more money in botched migrations than I have lost in all hacks combined**.
* For multisig wallets, doing confirmations offchain is better than onchain, because this way the signatures of signer wallets do not get exposed to the public, so if ECDSA falls to AI much faster than expected, at least the multisig "gracefully degrades" to a 1-of-1 where the 1 is whoever was gathering the signatures - a much better place to be than "anyone can take the money"
firefly.social/post/x/210783…
wwpk retweeted
Hoy se puede comprar el ETF URNM con un -21.56% YTD y puedes comprar uranio físico con un 11% de descuento del NAV.
En el mercado siempre hay oportunidades y creo que esta es una de ellas.
wwpk retweeted
Super excited for this talk! If you've never been to Recurse Center, it's a great opportunity to visit the space
Can automating an MMO teach us about multi-agent systems?
On October 14th, @maxbittker will present RuneScape Bench: MMOs for Agents.
RS-sdk is a 2026 project to turn an open source implementation of the game, LostCity, into a testbed for new experiments. Its results have implications in many areas: design libraries for coding agents, evals, LLM post-training, game design, simulated economics, and even the future of multi-agent systems, when agents are tasked with trading and trusting one another in a shared world.
RSVP below:
wwpk retweeted
stuckfunds.eth.limo finds crypto you bridged but never claimed.
$135M+ sits unclaimed across 84 bridges on over 500k wallets (Arbitrum, Optimism, Base, zkSync, Wormhole, CCTP...).
I just hit 1 full month of live data using Incoooming. No major brokerage account would show me this benchmarking
My options have me +1.38%/30days higher than if I sat and forgot portfolio. +16.5% APR a year
Plus, counting my real leverage, SPY would have me -4.44% rn
wwpk retweeted
AI is going to run up against hard constraints in energy sooner than later.
I'm tracking the nuclear and uranium industries as well as the small modular reactor race at Yellowcake Analytics.
Replying to @patfscott
You can link your own Schwab account with oauth/Schwab dev portal, import CSV's from other brokers, or take a peek at the lite demo from the github, more setup info there
github.com/ehwwpk/incoooming…
wwpk retweeted
we should stop calling it yield and instead just call it “pendle”
“what’s the pendle on $sNET?”
“banks give out insanely low pendle on your dollars”
wwpk retweeted
GPT-5.6 Astra just exploded Runescape bench scores, setting huge records on 10/16 skills. Huge outlier performance.
Has anyone read Dungeon Crawler Carl?
Mantaur testing
wwpk retweeted
Hello people of Sol! I've reset usage limits for all ChatGPT Work and Codex users. Together with that, a quick update on GPT-5.6 Sol usage limits.
Over the past few weeks, many of you have told us that Sol was using your Codex limits faster than expected. To be clear, we have not reduced usage on any subscription plans.
We’ve been digging into what was happening and have landed several improvements. As a result, we expect your usage to last around 18% longer during typical use of Sol. Some of you should already see significantly larger improvements from today. Tomorrow, we’ll also restore the five-hour limit that we temporarily paused while investigating.
Here’s what we found:
- GPT-5.6 Sol is much more willing to work for longer, make additional tool calls, and coordinate complex workflows across tools and subagents. That makes it better at solving hard problems, but some tasks were using far more than we intended.
- Sol also works harder at the same reasoning effort than previous models. High on Sol can use more tokens than High did on GPT-5.5.
- Programmatic tool calling, also referred to as code mode, gives Sol much more flexibility to run tool calls in parallel or continue working while waiting. But it also led to more responses per turn, more cached input tokens, and higher usage than expected.
- This was particularly noticeable when Sol was waiting for tool calls to finish or running many web searches. We’ve improved how we handle both cases and are continuing to make code mode more efficient.
- The impact was also very uneven. The median user actually found Sol quite token efficient, while some power users working on harder tasks saw their usage drain much faster. We were very focused on average and median usage before launch and missed some cases where the long tail could use significantly more usage.
Sol is a significant step forward in what Codex can do, but capability and efficiency do not always improve at the same pace, and some issues only become clear once people are using the model at real-world scale. We should have recognized this sooner and been more upfront about it.
You keep pushing the frontier and we’ll keep improving efficiency and sharing updates as we go.
wwpk retweeted
Out of over 6,000 protocols on DefiLlama, LlamaAI found that only 12 meet all 4 criteria:
- Grew TVL in Q2
- Grew revenue in Q2
- >$5M in TVL
- >$500K in revenue
wwpk retweeted
Replying to @CurveFinance
@CurveFinance has been chosen as the liquidity layer for Fidelity Digital Dollar along side @Uniswap.
The FIDD liquidity adder wallet set up both Curve Stableswap LP's and Uniswap LP's. Lovely to see Tradfi using a variety of what defi has to offer!
Onchain evidence Below:



































