I become more bullish on crypto every time I have to deal with a traditional bank. Even if crypto doesn't replace traditional finance, the existence of a credible alternative should encourage incumbents to improve their UX and reduce friction.

TL;DW • The blockchain read layer should be a set of programmable read replicas. • Exclusive bandwidth ensures that spam won’t block important state updates. • A verifiable state hash makes it easy to ensure consistency across replicas.

If you missed @jarxiao at Accelerate last week, here he is explaining how we’re scaling verifiable finance. He breaks it into: Scaling reads—web2 vs crypto solutions Scaling writes—through opinionated sequencing Scaling replication—via real time state root calculation

The next phase of Gavel's burn mechanism has begun ✅ Gavel's AMM is for transient liquidity—good for early price discovery, but outcompeted on efficiency by more mature on-chain liquidity like @PhoenixTrade or @SolFiAMM. So liquidity is withdrawn and used to buy-and-burn the token on a predetermined schedule.

I was helping one of the @ellipsis_labs engineers debug some code, but I couldn’t figure out how to use his keyboard. It turns out that he uses Vim bindings with a Dvorak layout. You’re not bullish enough on this team, anon.

Last year, we designed and implemented a new DEX that could protect users from atomic frontrunning. I was disappointed that the only thing we shipped was a blog post. Today, we finally shipped the world's first sandwich-resistant AMM to production! 🚫🥪

Crypto can enable capital formation for credible enterprises while minimizing friction, but today's mechanisms are extractive and broken. Enter @gavelxyz : - Sniper-resistant auctions for sourcing capital - Day 1 price discovery without frontrunning Internet Capital Markets

I will be speaking at Solana Accelerate this morning! I will be talking about how @atlasxyz scales the SVM. Our team’s edge is our ability to synthesize our knowledge of blockchain, technology, and markets. I’m excited to share some of our insights with the @solana community.

One consequence of hyper-financialization is that everything starts to look like a shitcoin. Something I think about a lot is crypto’s ability to both amplify speculative price discovery and facilitate better market mechanisms. Striking the balance is an unsolved problem.

Want to try profiling Atlas? 👀 We’re not an Agave fork so there’s probably a bunch of stuff that we do differently, some better some worse.