Profile Picture
Illya Gerasymchuk
Entrepreneur / Engineer

⬇️ My Thoughts ⬇️

User Illya Gerasymchuk -

2024-05-23 10:25

GPT-4 outperforms both, carbon-based financial analysts (humans) and purpose-specific ANNs While the former is understandable, the latter is surprising. The broader context of an LLM appears to be more important than the specialized multi-dimensionality of an ANN

Thought Image
πŸ’¬
User Illya Gerasymchuk -

2024-05-20 15:03

πŸ”΄ GDP is a useless metric πŸ”΄ A country may resort to debt, inject that debt into the economy, and see nominal GDP figures raise, without producing value. This is a recipe for an economic bubble Debt-to-GDP ratio presents a much clearer picture (smaller is better)πŸ‘‡

Thought Image
πŸ’¬
User Illya Gerasymchuk -

2024-05-20 14:37

I invite you to check your country's net exports as a % of GDP and be surprised 😳 GDP comprises of numerous measures, some of which don’t have any relation to the produced value Net exports provide a more objective measure of self-sustainability and relative value

πŸ’¬
User Illya Gerasymchuk -

2024-05-14 15:36

Mina's Got Recursion

Thought Image
πŸ’¬
User Illya Gerasymchuk -

2024-04-29 22:44

Additional insights from a practical perspective can be found here πŸ‘‡ πŸ”—

πŸ’¬
User Illya Gerasymchuk -

2024-04-28 19:28

πŸš€ BRICS Digital Currency: Cryptocurrency on a Public Blockchain πŸͺ™ In this article, we explore how the #BRICS currency can be implemented on a public #blockchain and challenge the claims made in "Digital Money Options for the BRICS" for #Web3 πŸ§΅πŸ‘‡

πŸ’¬
User Illya Gerasymchuk -

2024-04-22 12:13

Get ready for June πŸ‘€

πŸ’¬
User Illya Gerasymchuk -

2024-04-14 13:28

πŸ” Ever wondered how zkSNARKs & zkSTARKs ACTUALLY work under the hood? πŸ€” πŸ” These #ZeroKnowledge protocols offer a novel way to PROVE computations without revealing the computation itself! 🀯 ⛓️ Native match with #blockchain 🧡 Let’s dive in πŸ‘‡ http

πŸ’¬
User Illya Gerasymchuk -

2024-04-13 18:28

zkSNARKs & zkSTARKs: Disrupting Verifiable Computation Explore how these #ZeroKnowledge protocols SURPASS the #EVM's model, opening a world of possibilities for #Web3 applications Deep dive ARTICLE Let's unravel the key insights

πŸ’¬
User Illya Gerasymchuk -

2024-02-01 19:28

Likewise! Very fun and insightful.

πŸ’¬
User Illya Gerasymchuk -

2024-01-30 14:40

Great idea! A use-case leveraging one of the unique value-propositions of the verifiable computational model offered by Zero-Knowledge Proofs and recursive zkSNARKs

πŸ’¬
User Illya Gerasymchuk -

2024-01-29 08:27

It’s easy to blame it on the devs or the ecosystem. A fair assessment compares solutions within the ecosystem. Good, innovate and disruptive solutions? Likely a dev issue. If not - the ecosystem. Remember to take the critical mass into consideration

πŸ’¬
User Illya Gerasymchuk -

2024-01-28 17:35

Individuality isn’t about opposing the majority. It’s about thinking for yourself In product, it’s not about doing something or avoiding something. It’s about doing what increases value, and not doing what diminishes value

πŸ’¬
User Illya Gerasymchuk -

2024-01-23 17:42

Very interesting to see the #BitcoinEFT used as a liquidity exit And only a few days ago the supply APY on most FIAT stable coins was over 20% on #AAVE You could mistake this for a bullish sign, in an apparent short of FIAT for #crypto Always analyze the big picture

πŸ’¬
User Illya Gerasymchuk -

2024-01-13 09:55

A good software engineer follows the best practices. A great software engineer follows the best practices which are compatible with the goal, the mission, and the vision. In practice this makes suboptimal architecture acceptable in exchange for flexibility.

πŸ’¬
User Illya Gerasymchuk -

2024-01-08 21:28

The point of software is to be able to iterate fast. 100% of software can be replaced with hardware, but nobody wants to hardcode circuits (except for the #ZK crowd πŸ˜„). Iteration is its value proposition This is why software products that take years to deliver don’t make sense

πŸ’¬
User Illya Gerasymchuk -

2024-01-07 19:22

A little trip into circular dependencies in TypeScript will make you appreciate Python's local imports even more

Thought Image
πŸ’¬
User Illya Gerasymchuk -

2024-01-06 13:07

Extending with a personal thank you one more time πŸ’œ

πŸ’¬
User Illya Gerasymchuk -

2024-01-06 13:07

Extending with a personal thank you πŸ’œ

πŸ’¬
User Illya Gerasymchuk -

2024-01-06 11:26

Just to re-iterate on this further: the iPhone's 0-click exploit broke the ARM processor's authentication mechanism for pointers, thus allowing the malware to perform arbitrary signatures of arbitrary pointers, thus breaking their authentication & integrity guarantees http

Thought Image
πŸ’¬
User Illya Gerasymchuk -

2024-01-06 00:02

A small insight into the meticulous care that is necessary in designing #DeFi tokens with sound economic value principles ⬇️

πŸ’¬
User Illya Gerasymchuk -

2023-12-30 15:44

🟒 The first battery of tests has just been launched! πŸ”΅ Authenticated metadata commitments are coming too. This will allow for a cryptographic association between metadata and the geolocation 🟣 Such features are infeasible without the recursive zkSNARK architecture of $MINA

πŸ’¬
User Illya Gerasymchuk -

2023-12-29 23:44

#DeFi only makes sense with private data. This is infeasible on Ethereum, but trivial on $MINA. Zero-Knowledge will lead to mass adoption of #DeFi, enabling its Cambrian explosion. Of course, you can also bridge $MINA to Ethereum. This is by design. Big things are coming.

πŸ’¬
User Illya Gerasymchuk -

2023-12-29 23:03

No Tests = No Code No Abstracted Tests = No Tests

πŸ’¬
User Illya Gerasymchuk -

2023-12-29 21:54

The negative connotation associated with β€œweirdness” is a product of insecurity and fragile ego. Always remember: your ego can be trained and developed through deliberate mental and physical effort.

πŸ’¬