I'm very happy to announce that I'll be joining @offchain as Senior Product Manager of @Arbitrum Core Protocol 🧑‍🚀🔥 I will help lead the team to deliver scaling & innovation-focused solutions such as Orbit Stack, ZK chains, and bringing to market novel 0-to-1 technologies.

If there is a paradise, it is definitely found in hacker houses, accelerators, @arbitrum founder house. A room filled with high agency people, the kind of people that go all in for their ideas, the most relentless and wildest retardmaxxers. I genuinely love this and wish it could last forever.

1pm SGT Product Kickoff Session + Canvas by @zkLumi at @Offchain.

GM from Founder House Singapore 🇸🇬 Founders have arrived for Day 1 and are ready to ship on the Arbitrum Platform Follow @ArbitrumDevs for all the action throughout the weekend

Robinhood Stock Tokens are live on Morpho Users can now use Stock Tokens as collateral to borrow stablecoins. Any app can integrate credit markets for Stock Tokens, with Morpho as the credit network and Robinhood Chain by @RobinhoodCrypto as the tokenization infrastructure.

🥁 Drumroll please 🥁 Introducing the speakers and mentors joining us at Arbitrum's Founder House in collaboration with Robinhood Chain See everyone this weekend in Singapore 🇸🇬 @GThabot - Robinhood Chain Khairi - @Paxos @vibegrower - @Quicknode Caleb - @pendle_fi @ayobuenavista - @pendle_fi Steven Chan - SBI Digital Markets Rob - @GMX_IO @armin_0x - Arbitrum OpCo @coinflipcanada - Arbitrum OpCo @aboutlo - Arbitrum Foundation @Swagtimus - Arbitrum Foundation @0xjesstech - Arbitrum Foundation @kubesqrt - Arbitrum Foundation @_ryandesouza - @Offchain @0x_allan - @Offchain @zkLumi - @Offchain @seminoxyz - @Offchain @Jason_Wan123 - @Offchain @on_datawarlock - @Offchain

Coming to Mumbai for Devcon? Join us at Arbiverse on November 2nd! 🧑‍🚀 I’ll be diving into the technical details of integrating ZK into the @Arbitrum protocol

We're heading to Mumbai 🇮🇳 Join the Arbitrum Foundation and @Offchain teams at ArbiVerse Mumbai during @EFDevcon week on November 2nd to: > Hear the growth of the Arbitrum Platform and programmable economy > Get the latest on Arbitrum’s advancements (ZK, PGA, Fast Feed, AI) > Explore Arbitrum’s dedicated founder + ecosystem programs to help teams launch and grow on the Arbitrum Platform And more. Register here: luma.com/arbiverse-mumbai?tk…

NEW research report from $170 billion asset manager WisdomTree today on the @Arbitrum business model. This was shared by @WisdomTreeFunds with their clients this week as I joined their team to speak with representatives from 12 figures of managed AUM across roundtables and 1:1s in Europe. From these meetings, I heard one theme louder than everything: tokenization across financial assets is accelerating and allocators are looking for the blockchain networks that are indexed to the revenue opportunity from this buildout. In this note, WisdomTree tells its clients “to expect future enterprises to look at Arbitrum when launching their own network”. They continue “until recently, digital assets did not have revenue in a traditional sense that an analyst would recognise. That has changed quickly. Increasingly, networks and the applications on them are building durable revenue."

Justin Drake’s call for “bunker mode” and mass migration, alongside talk of cryptographic breaks within months, is hyperbolic. There is no evidence of a new attack on elliptic curves or any quantitative basis for a short-term timetable for such attacks emerging. Prominent researchers need to consider how non-experts will receive their language. Speculating that within months individuals could break cryptographic primitives that the internet and digital economy rely on carries consequences. It is a huge leap from AI making progress in other fields of mathematics to predicting the imminent failure of primitives that have faced decades of cryptanalysis. The idea that hash functions are safer from AI than elliptic curves is speculation. Hash functions contain structure, and we model them as random oracles without justifying proofs. There is no evidence that elliptic curve cryptography is more vulnerable to AI than symmetric cryptography. If historical human-led analysis is any predictor of the future, the opposite is more likely. The worst possible reaction to AI developments is to rush into new cryptographic primitives, away from multi-decade old hardened primitives, because somebody is claiming they are safe. I worry that this is an inevitable consequence of the current discourse. Because of the last 48 hours users are worrying about speculative non-existent black hats, who apparently have the capability of signing OS upgrades and forging bank credentials, from draining their wallets. To protect against speculative threats Ethereum is pulling talent and attention into base-layer primitives and technological iteration, instead of increasing demand for block space by building compelling applications users want and love. I don’t want to dismiss the considerable advances in mathematics that AI is driving. It is important to understand the nature of these improvements. If its success in other mathematical fields applies to elliptic curves, my expectation is that AI will grind its way to finding algorithms that improve on the current state of the art. That could mean shaving off a few bits of security. It would be prudent to discuss whether we need to increase key sizes and by how much. I can’t guarantee that AI won’t find total breaks, and neither can anyone else. My speculation as a domain expert does not make my speculation authoritative. We should also be using AI to investigate whether searching the parameter space can yield new, more secure curves. We can investigate whether some of these “structure = bad” hunches have any basis in reality. For example, we could use AI to see if the extra structure in Koblitz curves enables attacks beyond the small speedups we know about. This would give us actual evidence to make informed decisions. If non-experts hear that the cryptography underpinning the digital economy could fail within months, the rational response is to withdraw all digital money (on-chain and off) and hoard gold under the bed. I think the past 48 hours has unnecessarily undermined confidence in the entire concept of blockchains and digital money.

Ran a quick Claude check on this: about 1/3 of Polygon's weekly stablecoin txs are one loop. 31 wallets send $0.01 USDC payments to one address, which routes the money back to them, and then they do it again.

Glamsterdam upgrade went live on Ethereum Sepolia yesterday. @Arbitrum Sepolia, @RobinhoodCrypto Testnet, & the @prylabs consensus client continued operating flawlessly despite major protocol changes. Huge credit to @Offchain engineers for making a complex upgrade look routine.

USDG is live on Arbitrum One 🧵 Before joining Arbitrum, I spent years on the builder side of the table, watching teams use & create demand for onchain dollars and get nothing back from stablecoin issuers. Now they can get a stake in the rewards without issuing a stablecoin.

USDG opens a new revenue line for @Arbitrum: dollar-denominated income tied to stablecoin adoption 💸 Through the @global_dollar, Arbitrum & dapps building on it earn rewards from ethereum:0xe343167631d89b6ffc58b88d6b7fb0228795491d reserve economics. Growing USDG supply and usage on Arbitrum gives the ethereum:0xb50721bcf8d664c30412cfbc6cf7a15145234ad1 ecosystem a direct stake in the value that adoption creates. That adds another DAO revenue source alongside transaction fees, chain licensing, PGA, and Fast Feed. USDG launches with integrations across @Morpho, @Uniswap, @krakenfx, @0xfluid, @GMX_IO, @ZeroDev, and more. A separate DAO proposal from @EntropyAdvisors would expand incentives and liquidity to grow USDG adoption.

why $USDG on @Arbitrum is bullish $ARB in short: Arbitrum recieves stablecoin rewards/economics from @global_dollar for building up TVL in $USDG > a portion goes to the treasury > a portion of those rewards would be passed on to some of the protocls on Arb One so knowing that Arbitrum One currently has over $3.8b in stablecoin TVL, assuming $USDG captures atleast, let's say 10% of that, we could see revenue upwards of $11m annually if you assume an APR of 3% (a portion of that going to the treasury) this would be yet another additional line of revenue beyond the AEP fees (just robinhood rn), tx fees, PGA/FF fees, and yield from the treasury it's literally day 0 so I don't think it's worth gassing up the rev numbers yet, but the opportunity is massive so bullish $ARB bc: > growth trajectory of the platform increases substantially > the treasury likely ends up getting bigger + more diverse the monetization of stablecoin growth will be bigger than most people on CT realize tbh

Tomorrow

JUST IN: Arbitrum generated a record $5M+ in revenue in September > Monthly revenue is up ~5x > Priority Gas Auctions (launched just one week ago as a new revenue stream) already generated $120K+ > 1.5B new transactions across the Arbitrum Platform so far this year Arbitrum Autumn is in full motion 🍂

.@Offchain is excited to participate in this @BlockchainAssn Vaults Workstream!

Your product shouldn’t become your infrastructure provider’s next feature launch. Build on @Arbitrum One 🧑‍🚀 A neutral platform built to power your business, not compete for your customers.

More chain abstraction infrastructure has arrived with Smart Routing Address v1 on @ZeroDev Teams can now bring a better cross-chain funding experience to their users