Penumbra kicked the Secret community while it was down. Namada airdropped to Secret contributors.
Pretty clear which one is a true advocate for privacy.
What IBC got wrong
Technical:
- unnecessary complexities: connections, channels, middlewares, ordered channels, the handshake process, requirement on inspecting self historical consensus state (removed recently, good!) These should all be deleted
- monolithic light client:
In case you missed it, @zama killed FHE today.
It’s dead. The field is dead. Their company is dead. It’s over.
FHE isn’t practical today, just like ZK wasn’t practical ten years ago. The only way it becomes practical is with sustained, intensive cryptographic work — work