Waldemar Schreiner 🕹️ $RCADE

🕹️ $RCADE

[Waldemar Schreiner 🕹️ $RCADE @wowanjd]

Join me on LPP Investment Platform! Start your investment journey today. https://t.co/T9v1R5oHUu

[Noah @redacted_noah]

A common question we're getting on the Drift relaunch is: why is it taking so long? Why do you even need a 'relaunch' when it was already live?

One of the biggest decisions early on was: new program or reuse the old one? We decided to launch with an entirely new program/program ID. Why?

1. The existing program's state was in limbo after the hack. It didn't fully resolve the liquidations because the exploiter's collateral was never marked to 0. We wouldn't want to muddy that state, because it is needed to snapshot what everyone is owed.
2. Security is not something you can just strap on - it takes thoughtful design from the outset. Adding extra security means making breaking changes to on-chain state. Making these changes while providing a migration path for existing state is 10x harder.

An analogy - code is like a Jenga tower. Security is at the bottom of the tower. It is very hard to change the blocks at the bottom without toppling the tower. If the code is not in production, though, you can simply put the top part of the tower off to the side and fix the bottom.

Next. Why is it taking so long? Part of making a program more secure is lowering the attack surface. Over the years, Drift developers were forced to make less-than-ideal design decisions in order to not change existing code in a non backwards compatible way. In tech circles, we call this accumulating 'tech debt'. Now that the program needs to be completely re-audited from scratch, that debt not only adds heaps of time and cost to the audit schedule, it also increases the attack surface and makes the code hard to reason about.

Is this a complete rewrite? No. That would take far too long, and would be unproductive as it would lose all of the hard-fought lessons built into the existing code. Think of it more as mowing the lawn. It's overgrown, and there are weeds everywhere. I'm whacking the legacy problem sections I can find, and trying to make the code easier to audit. I'm not going to catch everything, or have time to fix all tech debt, but I'm fixing all of the top offenders.

I'll share more in later tweets of specific changes I've been making, as I want to be as transparent as possible.

[Waldemar Schreiner 🕹️ $RCADE @wowanjd]

Join me on LPP Investment Platform! Start your investment journey today. https://t.co/b9UEsEsjnH

[Waldemar Schreiner 🕹️ $RCADE @wowanjd]

Join me on LPP Investment Platform! Start your investment journey today. https://t.co/b9UEsEsjnH

[Waldemar Schreiner 🕹️ $RCADE @wowanjd]

@joni_askola Warum ist das so? Weil sie es einfach drauf haben! Einfach mal versuchen nachzumachen anstatt wegzunehmen!!!

[Waldemar Schreiner 🕹️ $RCADE @wowanjd]

Just claimed my Total Wallet Holding (EVM Chains) credential on-chain ✅

Build your identity, collect your own credential proof, and get rewards on MocaProof → https://t.co/23nEouBtqt

[Waldemar Schreiner 🕹️ $RCADE @wowanjd]

Just claimed my Staking Tier credential on-chain ✅

Build your identity, collect your own credential proof, and get rewards on MocaProof → https://t.co/23nEouBtqt

[Waldemar Schreiner 🕹️ $RCADE @wowanjd]

@elonmuskelry 102

[kian @kian_sasan]

dieses wochenende ist das letzte wochenende an dem ihr btc unter 100k usd kaufen werdet können

für immer

[Waldemar Schreiner 🕹️ $RCADE @wowanjd]

I just voted for @helium_mobile for OPOS Award at @SolanaConf 🗳️

Cast your vote: https://t.co/0tiGiMzAOl

[Waldemar Schreiner 🕹️ $RCADE @wowanjd]

Hobby Dogging https://t.co/Zvnx4HMxp4 via @YouTube

[Waldemar Schreiner 🕹️ $RCADE @wowanjd]

Check out my new single "Hobby Dogging" distributed by @DistroKid and live on Spotify! https://t.co/2xCi1JEVNL

[Waldemar Schreiner 🕹️ $RCADE @wowanjd]

@hoss_crypto Kian danke das du wieder was mit uns teilst. Glaube es oder nicht aber seit deinem wegbleiben von X. Ist mein Interesse zu X um 99% gesunken. Danke das du dein Wissen mit uns teilst.

[Oyster Republic 🦪📲🦞👓 @oysterecosystem]

🦪✨ Introducing the Oyster Passport

Every Republic needs an identity system. For us, that begins with the Oyster Passport — your proof of citizenship in the Republic.

🫡 UBS-1 holders: claim your citizenship here and join your exclusive discord 👉 https://t.co/qqFCBrnsnK

Quote and flex your Passport! 📜✨

[Waldemar Schreiner 🕹️ $RCADE @wowanjd]

Puffy Pass Whitelist https://t.co/Y6sLzFsXPk

[Waldemar Schreiner 🕹️ $RCADE @wowanjd]

🎉 Proud to officially join the Oyster Republic family! Passport NFT minted and ready for this journey 🦪✨ #OysterRepublic

[Waldemar Schreiner 🕹️ $RCADE @wowanjd]

@smart_money 1

[Waldemar Schreiner 🕹️ $RCADE @wowanjd]

I'm participating in the @ethena ecosystem.

Join the campaign with my code: https://t.co/4x1ALFby1P

[Oyster Republic 🦪📲🦞👓 @oysterecosystem]

Meet Oyster Republic—the first sovereign internet nation powered by on‑chain UBI.（🧵 1/6）

RT and Like this tweet to get something special.😉

[Waldemar Schreiner 🕹️ $RCADE @wowanjd]

Check out my new single "Kaum erwarten" distributed by @DistroKid and live on Spotify! https://t.co/9L8VgKjvI0