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Dev 🧪
@zkDragon
Building for a free world. Making @zcash win, with @valargroup Founder of @osmosiszone
Joined August 2018
Posts
  • user avatar
    Why is hyperliquid not considered a CEX right now? There is no open source full node software. (So no bridge challenge period is possible) There are no validity proofs on the bridges (github.com/hyperliquid-de…). As far as I can tell, its just a signature from 4 validators running
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    Can't believe its possible to convert ATOM into USD off the streets of Turkey! You can literally walk into a shop off of taxim square, send ATOM from Keplr Mobile to the shop-keeper and get real USD! So cool to see this ecosystem I've worked on for 5+ years be used irl!
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    AWS datacenter to datacenter round trip latencies
    AWS round trip latencies, from https://www.inkandswitch.com/local-first/ , who plotted data from https://arxiv.org/pdf/1302.0309
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    Just got pointed out that @oraichain is trying to get people to put their Keplr mnemonics into a JS browser wallet. Please do not use or trust Oraichain's wallet.
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    Had a live, thorough 3 hour code review of the Osmosis emergency upgrade code with several validators! Was quite fun, and got a lot of the code docs & standards improved. Some ambiguity in gov prop 226 text was pointed out! Lots of code improvements found, and 1 bug squashed!
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    Osmosis yet again ran extremely smoothly through the dump. It gave liquidity at prices far higher than any CEX. Binance wicked ATOM down to < $1.00 (and likely triggered excess liquidations) TIA < 0.25 On Osmosis floored around: - ATOM: $2.7 - TIA: $0.80 Both near where the
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    Replying to @Noahpinion
    How is this getting cancelled under Trump? (Genuinely curious, I think I'm missing some key context)
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    Never feel shame about wanting privacy. This was the standard in the world 20 years ago, it shifted underneath us
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    > Solana gets congestion issues at peak usage spikes > Still got memed on 3 years later for going down > Biggest L2 goes down with one AWS region > Internet forgets 24 hours later
    Impressive at how the @echodotxyz acquisition fully dominated the airwaves that the biggest L2 fully went down with AWS East downtime
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    Privacy is a requirement for freedom Its hard to get. Thats why we are solving the challenges to make financial privacy feel effortless.
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    Hot take, Audits are over-indexed / over-allocated industry funds. Way too much money goes towards rubber stamps, or things that are clearly v1s (but get credited as ensuring the whole system) >50% of the money going towards audits should instead go towards: - Better security
    At the moment the bottleneck for developing anything serious onchain is audits Any alt vm that doesn’t tell a story of why it’s cheaper and faster to audit than solidity/evm fails to capture my attention
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    Instead of thinking of reasoning about AMM's by their constraints (e.g. Uniswap XY=K), we should plot them by their LP payoff curves. (As is used in most of the ACE papers =p) The zero fee payoff curves have very insightful geometric interpretations.
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    Cosmos is a levered bet on interoperability. The thesis has borne out, as have all the (clear) problems predicted with it. The thing missing from Cosmos is making chain-abstracted apps for user-facing needs. The infrastructure side is here, very competitive, and improving.
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    Osmosis monthly volume this July is over 3x what it was July last year