Almost exactly 6 years ago I started the process to raise for what eventually became
@solana
. I talked to every connection I had, went to every startup and crypto meetup and tried to get in front of everyone that I possibly could.
Even if they didnโt want to lead I would ask
1/ I said this on stage at Breakpoint just a few days ago โ the builders on Solana are second to none, and the projects they're building can often only be built on Solana.
I want
@solana
to be so cheap that it saves
@visa
money to use it over its own in-house infra, and I want
@solana
to be so fast that it improves the user experience as well.
I want everything on solana to be a level above from any other ecosystem:
* donโt launch a meme coin, launch a Network State
* donโt hunt for tvl for numbers sake, launch insanely capital efficient markets
* donโt launch another jpeg, launch characters, stories, art, network
.
@solana
unicorns like
@MagicEden
@phantom
@DeGodsNFT
are going multichain. Itโs bittersweet to watch. It would be awesome for them to 100% focus on
@solana
. But reality is that these projects want to conquer the world. But so does the
@solana
community!๐งต
Memecoin are bad, but if they donate to a public good then they have paid a penance for the bad thing.
I find this logic to be nihilistic.
Iโd rather see people that hodl a memecoin change their behavior and go do something good, like walk dogs at a dog shelter and encourage
.
@solana
launched over 3 years ago, during the worst crisis the world has seen in half a century. if you told me that in the 3 years
@solana
would be in the top 10 with all these amazing folks building products, I wouldn't have believed you. I am insanely lucky to be here with
Blockchain is web without ad tech. After 30 years of the web, the only business model is ads or threatening your users with ads until they pay you a subscription.
About my dog, Ada. I held her in my arms two years ago, a day before my birthday, as she was put down because her throat cancer got so bad that she couldnโt breathe.
We got her 10 years prior from a shelter. She was a jrt/pit bull mix, exemplifying the best of both breeds.
.
@solana
isn't better then ethereum yet
1. stability
2. stability
3. stability
4. solana base fees are wrong
5. storage fees are wrong
6. Dev infra is not as good as foundry
7. cross program ABI needs a ton of improvement
8. need more then 1 client implementation fully rolled out
dealing with congestion bugs sucks so much more than total liveness failure. the latter is one and done, bug is identified and patched and chain continues. the former has to go through the full release and test pipeline. shipping fast is impossible ๐ญ๐ญ๐ญ
We are all super lucky that ethereum has amazing founders and a brilliant research community and devs that grind through really hard problems. Without all those folks contributing open source code and research
@solana
wouldnโt be here.
@matthuang
The one comment I'll make is that I feel bad that
@solana
and other projects are getting hit in this way. They don't deserve it, and if ethereum ends up "winning" through all other blockchains getting kicked off exchanges, that's not an honorable way to win, and in the long term
Donโt bring back last cycle โeth killerโ bs. Itโs lame. Pareto efficient technologies can have overlapping features and will compete, but thatโs all ok. I donโt see a future where solana thrives and somehow eth dies. I am such a techno optimist that I am certain that
The first email on Solana was successfully sent today, marking a historic moment! ๐
Date: March 25th, Time: 2:00 PM EDT.
@aeyakovenko
@rajgokal
#Mailmen
always deliver
I fell asleep listening to Nick Bostrom talking about existential risk (surreal coincidence). No one bothered to call me or even add me to whatever slack or discord channel was debugging the issue, not even for moral support. By the time I woke up, the network was up already.
The goal with
@solanamobile
is to crack the App Store duopoly.
Network effects are nearly impossible to overcome unless there's a significant single-player benefit that outweighs the switching costs.
We hypothesized that a sufficient number of NFT power users might prioritize
We did 20m+ in sales with
@Shopify
@solana
usdc, paid $0 fees. The credit card sales cost us over $600k in fees on about the same volume. Thatโs 3 full time engineers. ๐คฏ๐คฏ๐คฏ
๐งตCrypto five years ago: "We are going to disrupt all of traditional finance and the very nature of money."
Crypto today: "Nooo!!! You canโt take on the App Store duopoly; thatโs impossible."
It does feel impossible, doesn't it? It's astounding how large technology companies
1/ Almost overnight, Solana Mobile's Saga became the most rewarding experience on a phone, ever, and sold out.
You know that story. Now it's time for the next part of the epic.
Preorder
#Chapter2
& spread the word to maximize your chance at rewards๐งต๐
We donโt need to sell a billion
@solanamobile
devices. We just need to sell enough to force the duopoly to change their policies. It only takes one non faulty operator to change the equilibrium in a free market.
My parents left the ussr with $50 per person when I was 11, worked every job they could, took out loans so I could go to uiuc, and blessed this nation every day for the opportunity and freedom it gave them. Happy birthday to the greatest nation on earth! ๐บ๐ธ๐บ๐ธ๐บ๐ธ๐บ๐ธ๐บ๐ธ
In this tweet I will create a new smart contract L1. Everyone that likes should be initialized with 100 coins in state. Anyone can reply to add a transaction to the ledger.
To call the transfer program reply with โtransfer X to โusernameโโ. Everyone processing the chain should
.
@solana
is the future state of unlimited interactivity โ centered in audio, video, messaging, payments/banking โ creating a global marketplace for ideas, goods, services, and opportunities. Powered by AI, Solana will connect us all in ways weโre just beginning to imagine.
Bust of the Year: Solana Saga Crypto Phone
No amount of
#BONK
or Cryptosaurs could save this phone. Itโs a shame this ceramic build was wasted on a weak camera, display and battery. You can find defenses of this phone, but youโre not already a $SOL holder, theyโre meaningless
Solana is built for all2all communication. zkp, rollups, sharding, are not. They are good technologies, but they donโt provide any real time guarantees that information is synchronized around the world. ๐งต
Hello SolChatters!
We're excited to introduce the audio calls feature, allowing wallet-to-wallet communication using WebRTC. Your calls are peer-to-peer, connecting directly between your browser and your friend's, ensuring that your conversations are encrypted.
The primary
Without any exaggeration,
@RenderToken
's vision is literally bigger than this universe. It's rendering everything you could ever imagine. I am super stoked to have them on
@solana
, and the timing couldn't be more perfect. With AI, the ability for non technical humans to produce
Probably a contrarian take, but instead of an airdrop, teams should sell a larger portion of the token in a priced sale 1/5 to 1/10 below the โexpectedโ price. Have the same rules to qualify for the sale as the airdrop.
Team gets runway, float is larger, buyers put real skin
Will
@solana
ever require Layer 2 solutions? There's nothing stopping developers from creating Layer 2s on Solana. However, Solana's aim is to synchronize a global atomic state machine as fast as the laws of physics allow.
In this end state, any Layer 2, side chain, or
.
@staratlas
is the most important game in web3. Itโs do or die for them to make a AAA game work with crypto native mechanics. Whatโs awesome is that the team is constantly shipping and iterating, which is the opposite approach of traditional big game studio development. Itโs
As we enter the new year, I am more convinced than ever of our industry's overall mission.
A state of the people and by the people, despite all its flaws, is unequivocally good. A state by the despot for the despot, no matter how charitable, is irredeemably evil.
Open,
Since getting into crypto six years ago Iโve become an expert in law, economics, epidemiology, governance, constitutional law, global supply chains, foreign policy, MAD, and energy policy. All it cost me is forgetting C++
I am really looking forward to defi being re-invented on
@solana
. I think design wise, we haven't scratched the surface of what order books can do. Why this cycle? because all the yield growth hacks have dried up. It's going to be all about features and PMF.
It's astonishing how, during the past 18 months of a particularly challenging bear market for Solana, the ecosystem has grown so extensively that it's become impossible for me to keep track of all the developments.
There are tons of examples of competitors helping me a long the way, I canโt possibly list and thank them all, but here are some of them:
-
@ilblackdragon
and
@AlexSkidanov
: Awesome at being a sounding board and spotting the 'birthday problem' bug in the xor hasher. The hash is
Ethereum is processing the same number of transactions today as a month ago, but the fees are much higher because of a single application and are pricing out all the other users. In my decade+ of working on Operating System kernels, this is called a denial of service bug.
As part of our duty to the network, $MUMU has set up a validator to secure it.
We airdropped 20% of our supply to historic nft collections in the name of inclusivity.
Solana is our home. Thank you
@aeyakovenko
&
@rajgokal
for everything thus far. Here's to more good years โค๏ธ๐
Seems like an iOS supply chain attack. Multiple plausible wallets that only received sol and had no interactions beyond receiving have been affected.
As well as key that were imported into iOS, and generated externally.
L2s will not be able to achieve lower fees than
@solana
at scale. Even an L2 on solana will end up being as expensive as
@solana
at best.
This is because fees aren't driven by the resources used, like compute or bandwidth, but by state contention. If 100 seconds worth of