David Tse
@dntse
Professor at Stanford University (http://tselab.stanford.edu, https://davidtse.io) Co-founder of Babylon protocol, Information theorist.
BitVM mainnet experiment completed. Entire unhappy path took a total of less than 8 hours and $16K of transaction fees. Details: The first tx was included 2025-06-04 07:37:25 UTC+8 The last tx was included 2025-06-04 15:13:40 UTC+8 lasting 7 hours 36 mins, spanning 42 blocks…
The Babylon R & D team is about to run a pretty ambitious BitVM experiment. A live-fire test on Bitcoin mainnet to see if the entire "unhappy path" actually works, something to the best of our knowledge no BitVM team has ever done before. 🧵 Here’s what we’re testing, and why…
The path to product-market fit is never linear: - Merge mining - Timestamping - Bitcoin staking - Liquidity solutions Each iteration brought Babylon closer to the ideal: making Bitcoin's massive security budget both useful and productive beyond its own chain.
In networking, layered design allows engineers to focus on specific challenges with clear interfaces between components. Babylon follows this principle: its staking layer provides security fundamentals, while the new liquidity layer addresses practical utility. Moving up the…
Just can't stop.
Many professors my age have mentally retired. I worked 19 hours straight the other week, according to my wife. I'm too old for this. But we're breaking new ground at 2 AM while others play it safe. Don't know why I'm still grinding like a 25-year-old PhD student.
Many professors my age have mentally retired. I worked 19 hours straight the other week, according to my wife. I'm too old for this. But we're breaking new ground at 2 AM while others play it safe. Don't know why I'm still grinding like a 25-year-old PhD student.
Korea's previous president declared martial law and was impeached. The new government is pro-crypto. Not sure they have anything to do with one another, but great it happened.
Got invited into BitVM Alliance after our experiment. The community pushes Bitcoin innovation boundaries while fostering passionate collaboration among brilliant minds building the future. A researcher recently posted BitVM 3 concepts in two Twitter paragraphs. Some members…
Bitcoin had literal wars over block size. People got kicked out of the community for wanting bigger blocks. Now we're testing 4MB transactions and Bitcoin maxis are calling it "junk on chain." Same debates, different decade. Some fights never end.
Twelve meetings in two and a half days across Seoul. Different languages, different cultures, different regulatory environments. But when I mentioned Bitcoin's $2T market cap, everyone understood immediately. ₿itcoin talks.
"Bitcoin was designed as a payment system but failed at payments." This narrative is everywhere, but it's wrong. Bitcoin wasn't designed to fail at payments. It was designed to succeed at something more fundamental: being incorruptible money. Satoshi chose 10-minute block…
What are the two crypto products with the best PMF? Bitcoins and Stablecoins. What if we could combine both? Use Bitcoin as collateral, get stablecoins for spending, never sell your Bitcoin.
Vibe coding is real. I didn’t think it was, but I am thoroughly convinced.
Flight attendant: "Congratulations! You're now a million-miler. How do you feel?" Me: "Like I travel too much." Flight attendant: "How are you going to celebrate." Me: "By giving my wife my business class seat. I'll sit in economy and watch Squid Games."
Our approach with the BitVM experiment: radical transparency, not marketing. We reported costs ($15K), limitations, and real challenges. One co-author said our data "doesn't look great" for selling BitVM. That's the point. This was a reality check, not a sales pitch.…