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Boop.Fun leading the way with a new launchpad on Solana.

Golding
VC @Delphi_Digital. Prev: @solana
Writing about crypto strategy, entrepreneurship, and frontier tech
Golding kirjasi uudelleen
The SEC's new "Project Crypto" is the most bullish thing I've seen in a long time from a regulator. Read the speech, it's incredible:
* Almost all tokens are not securities
* Want to discourage decentralization kabuki theater
* Americans should not get excluded by IP/VPN blocks
* Explicit exemptions for ICOs, airdrops, etc.
* Non-securities should be tradeable alongside securities on the same platforms
* Protect software engineers
* Streamline licensing requirements
* "Innovation exemption" to protect builders pre-decentralization
Wow. Wow wow wow.
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Golding kirjasi uudelleen
𝘽𝘼𝙈 𝙧𝙚-𝙞𝙢𝙖𝙜𝙞𝙣𝙚𝙨 𝙎𝙤𝙡𝙖𝙣𝙖.
To understand how, let's first go through the current state of MEV on Solana:
• Modified validator clients are sandwiching trades.
• Private mempools hide predatory behavior.
• Bad validators are nearly impossible to remove.
• Institutional players can't touch DeFi because there's no transaction safety.
𝙏𝙝𝙚 𝙎𝙤𝙡𝙪𝙩𝙞𝙤𝙣:
BAM Node Operators - a second set of nodes running TEEs (Trusted Execution Environments) aka secure hardware that processes transactions in cryptographic enclaves. Transaction ordering moves from validators to BAM operators, where it happens inside these protected environments that attackers can't penetrate.
Cryptographic Attestations - every transaction bundle comes with a tamper-proof receipt showing exact ordering. When validators try to reorder for profit, the entire network sees it.
Value-Adding Plugins - instead of extracting value, developers can now create value. As an example, the Market Cancel Priority plugin lets market makers cancel stale orders faster when markets move. Resulting in tighter spreads, better liquidity, more efficient markets for everyone.
🔗 to "Understanding BAM" article 💥 👇️

12,34K
Golding kirjasi uudelleen
An interesting comment from a Former $META employee. ENERGY is the biggest bottleneck right now.
Even if $META wants to spend $100-$150B on CapEx for AI infrastructure, they can't. It is not just $NVDA.
Transformers, power equipment, cooling equipment, and the availability of power it is all limited right now. Schneider Electric is completely booked until 2030.
Even if you have the money, you can't spend it.

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Golding kirjasi uudelleen
.@balajis says AI is widening the verification gap. A massive number of jobs will be needed to close it.
Prompting floods the world with fakes. Crypto brings back proof.
“You're gonna need cryptographically hashed posts and crypto IDs ... to know the data wasn't tampered with.”
In the AI era, trust has to be engineered.
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Golding kirjasi uudelleen
Honestly, I'm not that upset about being down $10M on paper from this fund. Money isn't real, till it's in my account.
What upsets me greatly is I have a K1 from them in 2024 showing $8M in gains, I owe $3M in tax on.
Leaving LPs with huge tax burdens while taking huge carry..
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