I should probably chime in here…
Through all its various iterations, people have tried to game and manipulate ORE incentives more than maybe any other protocol on Solana. Through this, we got pretty good at running the game theory for these kinds of structures.
The reason ORE does not have any reward structures for “top X” miners is not because we have never thought of it; it’s because it’s trivial to sybil attack these kinds of incentives. As soon as you’re in the top X, miners are incentivized to make a new wallet, get that one in, and now they have 2/X chance of winning by blocking out other users.
If you accept that Sybil attacks are “just part of the game”, then that’s fine. The ORE community decided to avoid structures that incentivize Sybil attacks given the average user is not able to compete in that game.
I should probably chime in here…
Through all its various iterations, people have tried to game and manipulate ORE incentives more than maybe any other protocol on Solana. Through this, we got pretty good at running the game theory for these kinds of structures.
The reason ORE does not have any reward structures for “top X” miners is not because we have never thought of it; it’s because it’s trivial to sybil attack these kinds of incentives. As soon as you’re in the top X, miners are incentivized to make a new wallet, get that one in, and now they have 2/X chance of winning by blocking out other users.
If you accept that Sybil attacks are “just part of the game”, then that’s fine. The ORE community decided to avoid structures that incentivize Sybil attacks given the average user is not able to compete in that game.
Every $SPCX is backed by a real SpaceX share, redeemable 1:1 into your brokerage account through @Backpack Securities
$SPCX will trade 24/7 on @Solana via @sunrisedefi after Friday’s IPO
Most people have never heard of ORE.
Of those who have heard, most don’t understand the mission.
Of those who understand, most don’t believe it’s possible.
Of those who believe, most aren’t brave enough to say so.
Be brave. Do the impossible.
@ORE
@HardhatChad@ORE@solana solana:oreoU2P8bN6jkk3jbaiVxYnG1dCXcYxwhwyK9jSybcp is the Flagship token of solana:So11111111111111111111111111111111111111112 . Period.
I should probably chime in here…
Through all its various iterations, people have tried to game and manipulate ORE incentives more than maybe any other protocol on Solana. Through this, we got pretty good at running the game theory for these kinds of structures.
The reason ORE does not have any reward structures for “top X” miners is not because we have never thought of it; it’s because it’s trivial to sybil attack these kinds of incentives. As soon as you’re in the top X, miners are incentivized to make a new wallet, get that one in, and now they have 2/X chance of winning by blocking out other users.
If you accept that Sybil attacks are “just part of the game”, then that’s fine. The ORE community decided to avoid structures that incentivize Sybil attacks given the average user is not able to compete in that game.
Why I’m bullish on @ORE
$ORE combines Bitcoin style scarcity with Solana’s speed.
Key reasons:
✅Fair launch, no VC allocation, no insiders, no premine
✅Fixed supply (3M max) with only 460K circulating
✅Mineable by anyone, even from a mobile device
✅Revenue generating protocol with buybacks
✅Built as a Store of Value for the Solana ecosystem
✅Runs on Solana’s fast, low cost, battle tested infrastructure
Most crypto projects rely on token emissions to survive.
$ORE generates revenue, reducing dependence on selling tokens to fund operations. That’s a much more sustainable model long term.
At a sub-$30M market cap, $ORE offers
✅ Strong tokenomics
✅ Revenue generation
✅ Community ownership
✅ Zero insider advantage
✅ Massive upside if adoption grows
No paid KOLs.
No insider allocations.
No team reserve.
Just a community owned digital commodity built for long term value preservation.
$ORE isn’t trying to be everything.
It’s trying to be the Store of Value of Solana.
Solana is highlighted for its fast settlement, cheap transactions, and active ecosystem
@ORE is Solana’s native store of value
While they initially considered bridging Bitcoin to @solana, they concluded that bridge technology was not the correct long-term architecture for the industry
ORE is a rewrite of Bitcoin's core properties as a Solana smart contract, specifically its fixed supply, proof-of-work issuance, and programmatic emissions
According to @HardhatChad, a primary motivation for ORE is that Bitcoin failed to scale self-custody, since 99% of Bitcoin transactions now settle on centralized exchanges like Binance or Coinbase
We built @ore on @solana because we believe it's the most practical approach to realizing satoshi's original vision for crypto.
Scale self-custody
Scale onchain finance
Scale non-fiat money
Scale privacy
Scale freedom
"Solana scaling self custody more than any other chain that I'm aware of" - @HardhatChad
Bars. 🎤
The Lost Tapes 01: Deep Cuts From the Mine.
Built on @solana
"Solana scaling self custody more than any other chain that I'm aware of" - @HardhatChad
Bars. 🎤
The Lost Tapes 01: Deep Cuts From the Mine.
Built on @solana
Big Solana news:
The Light Protocol team is joining Helius to help build Solana's most complete ZK privacy layer.
Private payments, markets, and finance -- at Solana scale.
Fully composable, fully onchain, fully open-source.
Only mining tokens are holding very strong in this market conditions, everything else is dumping and it seems like @solana team love this mining narrative because they have been engaging on it lately
Remember $ORE is not just a mining token
$ORE is a store of value
$ORE is a better version of BTC
$ORE is the leader that’s why it has a great vision than the copycat
$ORE is a narrative and trend others follow
$ORE structure is getting stronger daily
$ORE is the closest form of money onchain