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Today, we launch the next generation of Light.
Together with @heliuslabs
At its core, a new primitive:
Tokens and accounts: orders of magnitude cheaper,
while enabling native ZK compute on Solana.
We call it:
ZK Compression.
'Crypto apps' that hit next year will spin up users at a rate on par with ChatGPT -- users will onboard in the tens to hundreds of millions, en masse, quickly. We'll go from asking, "Where is the adoption?" to running around with our hair on fire with too much adoption. Dissemination will happen through viral Web2 distribution -- never forget we are the only financialized infrastructure directly intertwined with the social media phenomenon. A few blockchain environments can handle this scale -- prepare to be surprised.
I used to get mad at memecoins
I thought: "This is disrespectful to those of us building real things — why is this industry sabotaging themselves? This is not why I'm here"
over time, you realize this is a silly way of thinking
memecoins or "culture coins" are essentially a way of financially "investing" on memes, trends, and virality
this was not possible before from a capital perspective — the best you could do was to mimic the memes yourself for extra social capital (remember: harlem shake, planking, ice bucket challenge etc)
crypto rails enable new forms of financial transmission, and this is one of them — you can't pick and choose
memes and culture might be the most fundamental differentiating aspect of what makes humans, humans; and now it's supercharged
this is an entirely new category that didn't exist before — as a result, the early days are going to be full of rampant misbehaviour as communities converge on some conduct
BONK was the first example of this where it was pulled off successfully — they helped Solana Mobile and Solana Developers during its toughest moments ever and sparked a cultural movement (really!)
these meme coins aren't "distracting" your users — if your product was good, they would use it — your product is probably just not good, don't blame it on the market
as a "builder", it is unwise to get mad at the market; it does not care — it is even worse to get mad at the human condition
you can, however, leverage it for good instead of "bad" — know that being salty about it won't do you any good
1) You are responsible for every investing decision you make. If you blindly follow what other people say, with no opinion or critical thinking of your own, you're playing a fool's game. Not only will you not hone your practice, but you’ll likely lose money in the coming yrs 🧵
Thank you Emmy for showering me with 2,500 Diamonds and getting me to shamelessly tweet this out. If you're a Solana OG head to https://t.co/zM40WZyDxH to claim the Diamonds you've earned
1/ over the years, I and many others have dreamed of seeing what a team like @yugalabs would do with @solana's performance and community. they have conquered ethereum, they move very fast, pushed pfp nft's to global recognition, and are an epic talent magnet.
1/ @toly tweeted out an idea about Solana's own version of LinkedIn last week and I immediately started building it
https://t.co/25FU4kW8b2
After a week, here's what it looks like.
Introducing SolLinked, Solana's email and calendar platform!