Timeless Relic 🎒 🌋🔥💃 @_timeless_relic
Gripto aficionado Joined February 2023-
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For a while I ask a simple question to teams: What do you get building on Ethereum that you can’t in Solana? The most common response is “that’s where the users and liquidity are” I end up passing on most of these teams. Not because I don’t think they can be successful…
uhhhh chat this is huge the founder of Stripe just used Solana during a live demo to announce they're now supporting crypto payments 🤯🤯🤯
Over the weekend we merged two Solana IMprovement Documents (SIMDs) into ratified status (links in 🧵). - SIMD-0083: removes the exclusive write lock from entries (microblocks) - SIMD-0133: adds vm access to the validator stakes Big moves for Solana protocol, see why 👇
rough TL;DR of what's happening: - the networking stack (QUIC) on Solana is implemented poorly and does not handle spam well - if everyone spams, a lot of connections get dropped since a block leader can only handle so many connections at once - bots spam better than humans,…
Go claim your W
W Wormhole Wednesday 3-April-2024 11:30AM UTC
My 2024 vision statement for @jito_labs was to "realize MEV value capture as the largest value driver for the Solana token and ecosystem, while balancing the mitigation of negative MEV extraction" On the first part, we're generating validators and stakers more than $1M per day,…
Wormhole Connect is integrating with @circle's Cross-Chain Transfer Protocol #CCTP on Solana. Now, developers on @solana can integrate native USDC transfers directly into their app's interface with just 3 lines of code. CCTP on Solana is debuting with @JupiterExchange.
”blast executing a bridge upgrade would destroy the facade of decentralization” what the fuck are you guys talking about what ”facade of decentralization”? there is no fucking mystery here. it is 100% centralized rollback the chain you absolute morons
In August 2024, we do a little expanding. And before then, it'll all make sense. We're not just here to stay. We're here to pilot new frontiers. That was the promise 🌋
I've built on EVM since 2017, SVM since 2021, and MVM since 2023. EVM is the easiest to learn, SVM is the most performant, and MVM has the best developer experience.
I've built on EVM since 2017, SVM since 2021, and MVM since 2023. EVM is the easiest to learn, SVM is the most performant, and MVM has the best developer experience.
Our next round of protocol revenue has been distributed! ♾ 181,810 LFNTY & 344,652 USDC has been added to our LFNTY-USDC pool 🫡
Trent walked me through the recent mainnet performance issues in Agave. Almost all of them are fixed by Frankendancer (FD network stack, Agave runtime/consensus), which was released to testnet last BP. Currently going through audits.
Solana has now broken $200, flipped BNB in market cap, and flipped ETH + top L2s combined in DeFi volume (while being semi broken) After the entire industry tried to call it dead and spread propaganda about it for the past few years Nice work manlets accelerate
there is going to be a mental health epidemic once firedancer is live, fee markets and QUIC are fixed, and you see what a globally composable atomic state machine running at the speed of light can truly do
solana MEV tips through the @jito_labs block engine continue to increase after the mempool shutdown and are at the same level from 10 days ago. in addition, the number of bundles continues to increase, breaking 2M for the first time a few days ago. up and to the right
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Today, Consensys took an important step towards preserving access to ether and by extension the Ethereum blockchain in the U.S. We are suing the SEC and fighting back against its overzealous regulatory overreach. You can find more of my thoughts here: consensys.io/blog/consensys……
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uhhhh chat this is huge the founder of Stripe just used Solana during a live demo to announce they're now supporting crypto payments 🤯🤯🤯
@0xMert_ With my Move maxi hat on, it's tempting to drop a shallow "Move is great + more Move in more places can't be bad" take. But I would broadly agree because: 1. From the programmer perspective, a lot of the benefits of the Move rely on Move being the only language supported by the…
huge waste of resources and super perplexing. work on making the stuff you have work better.
@_timeless_relic @anza_xyz Devs always be arguing on here about everything.
Release engineering updates for @anza_xyz agave. Everything subject to change, giving specific dates never works out well 🙃 don't @ me. 1. v1.18.12 testnet expected "later this week"-ish 2. 1.17.32 "early next week"-ish for mainnet-beta release 3. 1.17.32 "should be" the…
Our next round of protocol revenue has been distributed! ♾ 179,011 LFNTY & 253,543 USDC has been added to the LFNTY-USDC pool 🫡
New blog post: Cosmos IBC Reentrancy Infinite Mint. A critical reentrancy bug in ibc-go could have enabled the infinite mint of IBC tokens on Cosmos chains. asymmetric.re/blog/cosmos-ib…
This team is behind the scenes making your onchain experience safe, regardless of the chain. Very grateful to have them as a core contributor to the @wormhole protocol. goated squad.
New blog post: Cosmos IBC Reentrancy Infinite Mint. A critical reentrancy bug in ibc-go could have enabled the infinite mint of IBC tokens on Cosmos chains. asymmetric.re/blog/cosmos-ib…
QUIC is especially interesting because there are so many packet types that change as the client and server start to get into certain load regimes. Also quite challenging to capture as you need to decrypt the traffic. Very interesting stuff hopefully can share eventually.
@0xMert_ @buffalu__ What is the long term outlook on fees? What do transactions and rent cost 5 years from now at if there was 1000x adoption?
@retiredchaddev It’s possible to deal with spam by increasing the floor bid. But that’s like dealing with traffic around the stadium by charging more for stadium tickets. The entry fee to the auction house is a different resource than the items sold at the auction house. These should be…
The Solana VM memory map makes me profoundly sad. Mixed permissions within page. Unmapped pages sprayed into stack area. Input accounts not sufficiently aligned. 10kB of zeros at every account. We should run sBPF at native speeds, not function call for every memory access!
Only 1 month has passed and 12 of the Solana presale meme coins have been completely abandoned after raising >180,650 SOL ($26.7M). Would avoid any future projects launched by these founders.
I was interested to see how much SOL has been sent as a result of the presale meta and calculated >655,000 SOL ($122.5M) raised from 27 presales.
the only way to stop spam is at the source. we must enshrine a helium network for wired data transport
@Derivatives_Ape Pro tip if you do not want Derivatives Monkey to hide your reply as he is doing with many people block him immediately after replying and he cannot hide it.
Vitalik is an incredible dancer