fc

[pixel @spacepixel]

If you understood game theory you'd know that there is literally an infinite bid for compute.

[fc @FiberChris]

@lesabrefomo @astaso1 Yeah I see your point, but ultimately if you frame the equity as a floor instead of a ceiling and add speculation over time, I think billions in valuation is far from impossible. Time will tell

[fc @FiberChris]

@lesabrefomo @astaso1 The average crypto token represents 0% equity in the respective company, yet that hasn't stopped tokens to reach multi billion dollar valuations.

[fc @FiberChris]

@lesabrefomo Isn't this $kled?

[fc @FiberChris]

@alx Death penalty

[lbolord @lbolord]

the market is really slow most of the times. DCG is an investor in nockchain. nockchain is a proof of work network. DCG is launching a public company in the nasdaq that ‘focuses on capturing high-margin opportunities in early-stage Proof-of-Work protocols’

do you understand?

[fc @FiberChris]

Open models + exploding GPU demand + sovereignty risks = perfect flywheel for decentralized compute.

$NOCK is perfectly positioned as the compute market layer, incentivizing AI inference via matmul merge mining for private, verifiable computation.

[goodalexander @goodalexander]

The thing people are missing on GLM 5.2

Before it would have been kind of useless to rent H200s bc the open models weren’t good and codex subsidies so high no practical need to

But subsidies getting cut. And GLM 5.2 is good enough to want *way* more tokens bc looping doesn’t break

Not to mention god knows what data you’re going to lose now the companies are retaining your data more for “national security”.

Completely changes economics in structural semi permanent way and it’s worth noting each of these points are likely to accelerate

1) looping (massive token consumption with sub agents) will get better with model capability and base error rate bc compounded error
2) coding plan subsidies will get cut as pressure builds into IPOs to show margin improvement
3) national security concerns will increase causing larger data retention windows and more IP risk and perverse incentives (Anthropic building the software you use Claude code to build)

Providers like Vast are already seeing insane hockey stick acceleration that started in Feb and is probably going to hit a parabola

This creates a flywheel for discount and efficiency providers which are highly international by nature (Malaysia bought billions of GPus, Middle East)

It’s worth repeating: prior to glm 5.2 this was all kind of theory / LARP. Just bc the open source models got brutally outperformed by close source

I’m incredibly jacked up. Rising tide lifts all boats. GPUs. Chip Marketplaces. Chip financing. Crypto mining. The future is now

[fc @FiberChris]

Every day I ask myself why I haven't full ported $NOCK.

PTSD is strong. On the bright side, I have chips to bid more in case it dips lower.

[fc @FiberChris]

@nockchain Nock nock

[fc @FiberChris]

@AlgodTrading @BassManTV Feels like the natural end state of a chain built to incentivize any form of useful compute though. We'll see

[fc @FiberChris]

@bourscheid @ErikVoorhees Dude heard "trillionaire" and couldn't help but seethe with jealousy.

[fc @FiberChris]

@Credib1eGuy If it was exploited for years, how could you possibly explain $zec going up 20x late last year then remaining one of the top performers in the recent months? Something doesn't add up.

[fc @FiberChris]

@blknoiz06 @iwantlambo nock nock

[roberto 🕹️ @bertobags]

quietly noting that $nock now appears on @DCGco’s official portfolio page.

first investment listed as 2025.

https://t.co/oJ8xPzX59B

nock nock

[fc @FiberChris]

@jbrukh Nock nock

[fc @FiberChris]

@Takuiten Well there's no need for anyone to "decide". If a market is useful (e.g. AI inference), it has external demand (i.e. paying customers) in which case NOCK is an extra reward. If a market is "useless", you're competing with a disadvantage (same costs, less rewards / only mining).

[fc @FiberChris]

Crazy to think of the possibilities for $NOCK, imagine a chain secured by AI inference, Quantum Computing, Gene Sequencing, molecular simulations, Verifiable FHE, simulation workloads for drones / robotics...

[BassMan @BassManTV]

Big brain post from @avizurlo on TG about $NOCK, so I figured I'd share it with anyone who cares to read:

I think it’s pretty simple. Zero knowledge proofs verify the correct execution of compute workloads and conceal the inputs. They are the foundation for any usage based compute market to exist. Zorp team has known this for years. In the very early days they wanted to secure critical infrastructure, such as energy grids, using the Nock zkVM. This was similar to how people imagined DePIN playing out. A network of hardware nodes, running verifiable software, enabling trustless coordination of those resources through observability. If I can trust your contributing X to the network, I will pay you Y. But around that same time, all the capital that had been funding the development of ZKPs and related technology began to dry up, specifically venture capital, and ZK was still too slow and expensive. The main bottleneck for any of this to exist became capital. PoUW solved that. I’m not sure people fully appreciate how important the financing mechanism of Nockchain is. In a previous life, I built a ZK L2, similar to zkRollups on Ethereum. The difference was we wanted to run a cluster of many zkRollups at once to enable distributed compute applications (like AI inference or parallel payments) over a blockchain. Needless to say we needed a lot of ZKPs. And we never solved it because we could never get the unit economics to work. ZKPs were too expensive and slow to generate. Nockchain has solved the unit economics of ZKPs. It has the largest proving network in the world and effectively financed the necessary R&D through PoUW to make ZKPs a commodity at scale. That’s what took place over the last year. Now the first applications on Nockchain *can* exist. Compute Markets for AI inference through MatMuls are a start. Specialized Compute Markets for AI inference of specific models and hardware specs will be next. Then privacy will enable those markets to upgrade to confidential compute and establish a differentiated DeFi ecosystem. As the network grows in terms of compute and participants around the first markets / NockApps, I expect many other compute workloads to emerge (quantum, physical AI such as drones/robotics, other computationally expensive privacy primitives such as FHE).

[fc @FiberChris]

@Takuiten Simple economics, useful compute market miners are paid double (actual paying customers + mining rewards). "Useless" markets would still incur similar costs for a chance to earn NOCK but without external demand it ends up being comparatively unprofitable.

[fc @FiberChris]

@nockusaga @PavloMolchanov @prlnet Good find

[fc @FiberChris]

@EmersonDickie Who are you trying to convince?