Ethereum’s Manhattan Project gm Bankless Nation,
Ethereum is far bigger than programmable money. The resources we’ve built here are evolving into something that can become the 21st century's most impactful public infrastructure. Civilization's open backend, if you will — private, trustless, and verifiable by default. Today’s essay from Peaster explores this future we're advancing upon — the rise of Ethereum as the world’s leading digital public works project, through which anyone, anywhere, can manage their lives autonomously. Enjoy. Thanks for being a subscriber,
luma 🫡 Sponsor: Frax — Fraxtal Ecosystem: Where DeFi Meets AI. . . . ANALYSIS The Universal Protocol Is Already Here Now 10 years old, Ethereum is entering its "civilization infra phase." The network has become a digital public works project. Like how power grid modernization revolutionized 20th-century life, Ethereum will optimize 21st-century society. But Ethereum isn't backed by a government, and it's not just for the people of one nation. It's for the world, built by people from around the world. And it's actualizing as The Universal Protocol so that anyone, anywhere, can increasingly do anything on their own terms.  Toward the Universal Protocol - via 0xPARC Put metaphorically, Ethereum can be the fortress and the cathedral. Ethereum can get to a point where it's indefinitely impervious to nation-state attacks and beyond, and it can do this hardening while scaling to the point that it can trustlessly facilitate all the world's commerce and culture. That's the future. And it's not a mystery how to complete this becoming. It'll take making good on visions like Lean Ethereum and lowercase snarks, while living up to the tenets of The Trustless Manifesto.  Lean Ethereum Roadmap - via leanroadmap.org We'll evolve through lean consensus, and lean data, and lean execution. And this streamlining will come via programmable cryptography, i.e. next-gen cryptographic primitives like zkSNARKs, which allow for provably correct and private computation and point the way to Ethereum's zkVM future. The potential here cannot be overstated. This power is why Ethereum researcher Justin Drake has said Ethereum's SNARKs embrace is "a cryptographic Manhattan Project, one the [Ethereum Foundation] is investing tens of millions into" as it evolves "into a snark-first org." Better yet, this zk vision won't just make Ethereum cheaper and faster, as it'll also help the L1 offer better privacy through things like private account abstraction, private RPC queries, and proof aggregation protocols for more affordable private transactions. Plus, the underlying cryptographic primitives here are mathematical extensions of the philosophical values written into The Trustless Manifesto (which you, too, can sign). No unverifiable outcomes. No indispensable gatekeepers. Autonomy, security, and verifiability for all. My read, then? Lo the ascent of the World Computer! The unlimited public good, the universal machine, lean, snarky, trustless, and always on. This dream is a dream worth fighting for, and one upon which an open civilization can stand and thrive. Bully for us, and now let's finish the job. . . . WHAT YOU MISSED Cryptographic Jet Engines 📈 The Asset🏛️ The Protocol📱 The Apps🐸 The Culture🔏 The Privacy Stack💽 The Tech . . . WEEKLY ROLLUP Market Uncertainty Looms In this week’s Rollup, Ryan teams up with Dragonfly's Tom Schmidt to make sense of the markets: are we chopping further down or setting up for the next leg? They also dig into Trump’s “bullish plan,” Coinbase’s Monad ICO, Uniswap’s long-awaited fee switch, and JPM’s deposit token on Base—plus the whiplash of “privacy season” with Zcash’s surge contrasted against a harsh sentence for a wallet dev. Tune in to catch up on all the latest crypto intrigues! 👇 FRIEND & SPONSOR: FRAX The Fraxtal ecosystem is expanding at lightning speed—this month’s biggest highlight is IQAI.com, the newest Agent Tokenization platform from IQ and Frax. IQ is building autonomous, intelligent, tokenized agents launching on Fraxtal in Q1. Empower on-chain agents with built-in wallets, tokenized ownership, and decentralized governance—all within a fast-growing Fraxtal ecosystem. | 
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