interloper⚡

coming soon.
notes on decentralization, #bitcoin and #solana

[interloper⚡ @veilspire_jp]

the wise are holding on to what can't be printed

[interloper⚡ @veilspire_jp]

@GCRClassic Rome wasn't built in a day

[interloper⚡ @veilspire_jp]

@jordaaash What are you talking about?

[Edward Snowden @Snowden]

I'm thankful for the Internet.

One day it will be free and open, edge to edge.

[interloper⚡ @veilspire_jp]

@jordaaash Is there a cli example with ledger prompt?

[interloper⚡ @veilspire_jp]

@_curiousmind_ @ankrgyl @amasad Usability is a lot of work too

[interloper⚡ @veilspire_jp]

@amasad 95% of the work is usability and edge cases and bug fixes around that. How does AI help?

[interloper⚡ @veilspire_jp]

@adamdelsol Unique selling point, from all I know nothing unique there

[interloper⚡ @veilspire_jp]

@adamdelsol I’ve asked this many times and no one could even name one thing or USP over Solana.

[interloper⚡ @veilspire_jp]

@Route2FI Cycles are real.

[interloper⚡ @veilspire_jp]

@0xrooter Solana defi runs itself and doing fine. We’re learning protocol weaknesses with lesser usage and more volatility now. Cycles are normal.

[Flood @ThinkingUSD]

You climb the ladder higher and higher in finance and realize the majorly of people have ZERO idea what they’re doing

[interloper⚡ @veilspire_jp]

@ThinkingUSD Curiously this isn’t true in engineering, the longer you’ve been around, the more problems and failure you’ve seen and your tenure is worth a lot if you can keep up the red queen race.

[interloper⚡ @veilspire_jp]

@ZforZcash @Snowden What is the $ZEC equivalent of Bitcoin OP_RETURN or Monero payment-id?

[interloper⚡ @veilspire_jp]

Bitcoin is the asset
Solana is the smart contract chain
USDC on Solana is the stable coin

for privacy, $XMR or $ZEC?

[interloper⚡ @veilspire_jp]

@ZforZcash @Snowden Thanks for the take! Is there any good objective write up that outlines the trade offs? There is a lot on Google, but what I found are either simple lists of features or opinionated hit pieces.

[interloper⚡ @veilspire_jp]

Solana will be a key part of our ecosystem, we keep building.

[Solana Foundation @SolanaFndn]

1/ Many community members have inquired about the health of the network in the wake of FTX's collapse.

The @Solana Foundation is committed to transparency and gathered a few key metrics on the network's performance through this period of volatility. 🧵
https://t.co/tgp4IM2qPA

[interloper⚡ @veilspire_jp]

@armaniferrante @levicook @tracy_codes Semantics, maybe. You provide a program with an API as a service in an execution environment where it is immutable and runs as long as the blockchain exists. While the program is centralized, the utility creation and its execution is decentralized.

[interloper⚡ @veilspire_jp]

Unparallel L1 foundation, #Solana

[Logan Jastremski @LoganJastremski]

At full capacity on a 1gbps network Solana will generate 4 Petabytes of data per year

4 Petabytes == 4096 Terabytes

4096 Terabytes == 4,096,000 Gigabytes

Powered by Modern SSDs with 32 concurrent threads, therefore supporting 370,000 reads per second, or roughly 185,000 TPS 👀

[interloper⚡ @veilspire_jp]

@jakobgreenfeld @mariogabriele with eyes open dude