The one and only @PatrickMcHenry joined @CoinDesk yesterday for @standwithcrypto Day of Action to talk all things crypto policy.

Thankfully, my wife lacks this. 😅

1/ Jolt now proves at 1 MHz 🚨on a CPU🚨. Over the last 6 months, we've been grinding on a near-complete rewrite to integrate Twist & Shout, memory-checking arguments published by @srinathtv and @succinctJT earlier this year. Today, we're excited to announce the fruits of our labor 👇

1/ Jolt just got a 6× speedup. We now prove over 1,000,000 RISC-V cycles/sec on a 32-core CPU and over 500,000 cycles/sec on a MacBook, with proofs of about 50 KB. Here’s what’s new 🧵

Today, DEF partnered w/ @a16zcrypto to submit a proposed safe harbor to exempt crypto apps—DeFi frontends, NFT platforms, and more—from SEC broker rules. Our submission is our inspiration for the phrase of the week: Front-Ends

DAOs have transformed how people coordinate, govern, and build on the internet Yet, legal uncertainty limits their ability to scale and make real-world impact The DUNA solves this problem by giving DAOs offchain legitimacy without sacrificing decentralization Dive in ↓

Dearest Mother, I write by the light of green candles. History unfolds before us. The cannons of ETH sell pressure have fallen silent, their thunder replaced by the hooves of digital asset treasury company cavalry charging across bloodied ATH resistance levels. Word spreads through camp that alts shall soon follow to blow out long-short funds on the frontier flank in this grand offensive. One by one, former nocoiner empire collaborators like Stripe and the US Department of Treasury have abandoned their opposition to our righteous cause, embracing our way of life and raising the banner of open and interoperable stablecoin rails. The empire's propaganda ministers continue their desperate slander of our noble cause, parading their discredited generals like Amanda Fisher and John Reed Stark before the unwitting masses. Yet, as in the darkest hours of crypto winter, their FUD only strengthens our resolve. Each block our validators finalize is a musket ball fired at payment processor profit margins. Every smart contract published to chain is a printing press that spreads the gospel of open source software and makes it abundant as air. We break the will of the regulatory state and their deputized web2 and tradfi oligopolies who grew fat on its people's commerce and data. Victory is near for our network state, and with it, we hope, promises of a better tomorrow for our people, and all those in the world who love freedom, equality of opportunity, and justice for all. Your son, Makesy Johnson

We were thrilled to partner with @a16zcrypto in this safe harbor submission to the SEC. To learn more about our submission, check out our blog post in the reply 🫡

Markets are moving onchain - but developers need clear protections. Today @a16zcrypto & @fund_defi proposed a safe harbor to exempt crypto apps—DeFi frontends, NFT platforms, and more—from @SECGov broker rules. This is critical for tokenized securities to trade onchain.

??? @AleoHQ - LIVE, announced integration with Revolut TODAY @aztecnetwork - testnet live, proven shippers + brilliant team @inconetwork - confidentiality experts, network soon @RAILGUN_Project - LIVE, just hit $3.5b in volume @arc / @circle - opt-in privacy announced TODAY I know I missed a bunch of other great projects too!