2d ago
Once again, it is confirmed that putting ZK into infra is a major mistake. Minus Theory is actually a more accessible version of the ZK route that pseudo-gods have been contemplating for 7-8 years, avoiding the high-end mathematical concepts that ordinary people cannot understand, and steering clear of the peculiar logic of ZK that proves "you slapped me" without knowing if it hurts or not.
Just like Satoshi Nakamoto's white paper, the subtraction theory uses concepts that ordinary tech people can understand, easily solving the blockchain's gas limit and providing the most elegant answer to the impossible triangle.
2d ago
For VC firms and primary market investors, the ZK Prover network track and the Bitcoin L2 track are the two major Waterloo-style failures of this season.
Given the poor secondary market performance of Succient and Boundless after their TGE, market expectations for the yet-to-TGE Brevis and Cysic have already dropped significantly.
The failure of the Bitcoin L2 track lies in the "tragedy of the commons."
The failure of the ZK Prover network is due to the Ethereum ecosystem not having control over asset pricing.
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