toly 🇺🇸 | compressed Profile picture
Jun 20 1 tweets 1 min read Read on X
This is totally a fine view. Go build a ton of asynchronous environments. The more the merrier. The two cool problems that I want to solve are

A) one giant synchronous state machine for everything

B) synchronizing all the important bits for that state machine as fast as physics allow

If a tuna ship in Alaska sinks and that impacts tuna prices in NYC and Tokyo, that news has to travel to those markets. I want a concurrent solana block producer in Alaska already transmitting the transactions for the price impact of that news across all the markets in solana’s global state machine.

So by the time that news wire hits nyc and tokio the markets in the global state machine are already changed. There should be no arbitrage available between the global synchronized state machine and all the asynchronous systems out there no matter how fast those systems are.

How much value will this create to the world? Who knows. But this is all possible with open source software and open protocols running on permissionless commodity hardware with nothing fancier than a 10gbps link. So it will get built no matter what.

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More from @aeyakovenko

Dec 26, 2022
.@solana unicorns like @MagicEden @phantom @DeGodsNFT are going multichain. It’s 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!🧵
The goal is to onboard everyone in the world to self custody, and the path there is hard. These unicorns figured out product market fit in an insanely competitive market. They were built on solana because solana is the where the best products can be built.
There will be users of other chains that for the first time try solana because of ME, phantom and degods, and they will be blown away by the experience and they will tell all their friends.
Read 4 tweets
Nov 9, 2022
1/ I said this on stage at Breakpoint just a few days ago – the builders on Solana are second to none, and the projects they're building can often only be built on Solana.
2/ All these network-level improvements, from Firedancer to local fee markets, continue to improve the resiliency of the network and make it an even better place for builders.
3/ I'm here building Solana because I get to work on some of the toughest problems in computer science, and because of the community building on the network.
Read 4 tweets
Aug 21, 2022
Allowing the honest majority to pick the root, would separate execution from fork choice such that fork picking validators can be blind to execution. 1/n
Validators can sample for DA from verifiers and trust the proposed root. Assuming that at least one honest verifier will signal that the majority is posting invalid headers.
For solana, add a new node called a “verifier” that’s staked. Validators fetch the n-2 epoch snapshot from the verifiers to compute the quorum, then only vote on forks after sampling for turbine erasure codes from the verifiers.
Read 6 tweets
Aug 6, 2022
QUIC rollout update!
* Compute budget fee prioritization feature is turned on!
* 1.10.32 - upgrade to MB!
* RPC providers switch from UDP to quic (partial) <—— WE ARE HERE
* Wallets/users/bots start increasing prioritization fees for transactions (partial!)

* UDP is turned off
Fees are live! On some days over 4% of fees collected are priority fees. The folks that are using them are Defi users, and they see a reliability improvement when using priority fees. It will still take some time for all the wallets to update.

dune.com/crypto_notte/s…
Quic is live! Solana Labs free rpc infra has switched to quic. You can test it out at break.solana.com. The major infra providers will start to roll out quic soon as well.
Read 4 tweets
Jul 23, 2022
people that latch on to the "solana counts votes as transactions" just have a deep misunderstanding of how the chain works and why. The runtime is so fast and optimized that it's possible and cheapest to simply submit votes as actual transactions.
There is no other runtime in the world that can handle that, or solana validators would simply skip all the work and submit 280m txs per day to that network instead. Good luck with that.
Read 9 tweets
Jul 22, 2022
What's left to do for solana to remove the remaining bottlenecks between users and hardware? A bunch of small incremental changes! (they will still take a ton of work to roll out)
- Bankless Leaders
There is no reason for a block producer to execute transactions, they can pack blocks with a guess of the highest revenue txs. This will reduce latency between a client sending a TX to a block producer, and that TX streaming in turbine to the network.
- Asynchronous Program Execution
There is no reason for validators to execute all of the program state when picking forks, they can let program execution fall behind by at most 1/2 of an epoch. Which is a whole day! Compute and IO spikes get amortized and batched.
Read 8 tweets

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