Web3 enthusiast supporting @QBlockchain. Passionate about DAOs, Web3, Governance and DeFi. Opinions are my own.
Hamburg,Germany
Joined May 2008
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I'm selling the back of my iPhone Duo: 14 sticker spots, 16 mm each, from €125.
First buyer pays the least & carries the risk that nobody else shows up.
The Million Dollar Homepage was 2005. So I'm only 20 years late 🫣😂
plakattogo.de/en/?ref=x
#SideProject #IndieWeb
The irony of the AI age: We spent years building CAPTCHAs to stop bots. Now, we're building APIs for bots to create accounts & interact freely. It's a flip from "Are you a human?" to "Are you a verified bot?" #AI #Bots #DigitalIdentity #TechIrony
Sameer retweeted
My preliminary understanding of the Balancer exploit is the following:
The attacker performs a massive "batchSwap", so that tokens are only moved after the entire batch execution, exploiting the calculation of "in" tokens given "out" tokens.
During many internal swaps, the swap delta Balancer calculates decreases significantly, and the delta becomes negative for both tokens.
Negative delta = pool owes tokens to an attacker.
- How does delta get decreased?
Here are three consecutive swap deltas:
(swap n)
A: -810057686826767072295 + 25626928172 = -810057686801140144123
B: -1188214603037651140957 - 17 = -1188214603037651140974
(swap n + 1)
A: -810057686801140144123 - 38000000000 = -810057686839140144123
B: -1188214603037651140974 + 142678241 = -1188214603037508462733
(swap n + 2)
A: -810057686839140144123 + 8793968805 = -810057686830346175318
B: -1188214603037508462733 - 142678224 = -1188214603037651140957
As we can tell, the net delta has decreased overall:
ΔA: -1620115373657113247613
ΔB: -2376429206075302281914
Which should never happen.
The root cause of the exploit probably lies somewhere in the "_calcInGivenOut" function, leveraging incorrect invariant calculation in such extreme liquidity conditions.
🧵How DAO governance really works in crypto…
1 whale vote > 2000 users 🐋💸
Decentralized? Yes. Accountable? Not really.
We need real solutions — @qblockchain is building governance that actually works.
#crypto #DAO #web3 #blockchain #comics
Sameer retweeted
GM and happy weekend everyone!
While everyone has been speculating about the latest discoveries below the pyramids, we have received exclusive pictures that show what's going on there:
Sameer retweeted
Q Protocol 🤝 Internet Computer
2025 starts with a major integration: “ICP Chain Fusion Governance Modules” connect Q’s unique governance capabilities with the @dfinity ecosystem.
How Q Protocol is changing the future of blockchain governance
cointelegraph.com/news/how-q…
Looking to give your dApp a governance upgrade? DM me to learn how Q Protocol can help you level up! #Web3 #Governance
Governance is the next big thing in Web3, and Q Protocol (@QBlockchain) is already delivering it with cross-chain capabilities and shared governance security. #Web3 #QProtocol #NextBigThing
Governance is the next big thing in Web3, and Q Protocol (@QBlockchain) is already delivering it with cross-chain capabilities and shared governance security. #Web3 #QProtocol #NextBigThing
Sameer retweeted
we're live on ~120 chains, and i've worked with nearly all of them personally
if you're thinking about deploying an app, these are the ecosystems i've personally found to be most supportive as a builder:
~ @CelestiaOrg
~ @0xPolygon
~ @SeiNetwork
~ @megaeth
~ @movementlabsxyz
~ @irys_xyz
~ @Camp_L2
~ @fluentxyz
~ @BuildOnCyber
~ @0xMantle
~ @MorphL2
~ @modenetwork
~ @weavevm
~ @solana
~ @artherachain
~ @berachain
~ @QBlockchain
~ @Celo
~ @Lamina1official
some of these aren't even chains we support, and they've supported us far more than big-name players we've personally used
this is just my own personal take, not even representative of our team—would love to hear other builders' takes as well
Sameer retweeted
I'll be at the Token Summit in Liechtenstein next week, October 3rd.
🎤Exciting Speaker Announcement!🎉
We're excited to have Martin Schmidt (@martin__a__s), Board Member at Q Development AG, speaking at the #CCATokenSummit2024!
Join us on October 3rd at Vaduzer Saal for a day of innovation and networking. Get your ticket:
eventbrite.com/e/cca-token-s…
Looking for the distribution of $QGOV tokens? See below. 👇
Q International Foundation, a regulated non-for-profit foundation supporting the Q Protocol, has published a transparency report.
Check it out to learn about the distribution of $QGOV tokens, the foundation’s token holdings, its involvement in Q governance and more. Whether you are a current or future $QGOV token holder, or simply curious, this report is essential reading.
The report can be downloaded under 👉q.foundation/files/publicati…
In 2024, Web3 saw a staggering $1.19 billion in losses during the first half of the year alone, across various on-chain incidents. These incidents were often tied to poor governance structures, q.org/blog/web3s-governance-…
Nice read! ⬇️
⚡️Q Protocol @QBlockchain is transforming decentralized governance with its innovative shared governance security model.
👉Read more:
crypto.news/unlocking-decent…
There are boosted rewards on several @elk_finance pools! 🚀
Just waiting to be farmed now 👉 app.elk.finance/farms/all/35…
$QGOV
Sameer retweeted
Join The Sponsor Talk Now!! 🔥
Q Protocol | @QBlockchain
DeSciWorld | @DeSciWorld
ENS | @ensdomains
#DAOTOKYO
