TruthArchive.ai - Tweets Saved By @martypartymusic
@martypartymusic - MartyParty
24hr Long liquidations $1.45b - almost exactly the "stolen? Lazarus? $ETH" right? https://t.co/5pX4L0vv45
@martypartymusic - MartyParty
MM Update: @krakenfx also sending $SOL $SUI and $ETH to #Wintermute - this behavior will not be forgotten. Remove all crypto off exchanges - @krakenfx @binance @Bybit_Official all not to be trusted. Full analysis of my investigation into these centralized cartels coming out soon. You wont believe the evidence Ive acculated showing the corruption in the CEX domain.
@martypartymusic - MartyParty
A great crypto thesis: @Solana will disrupt @Apple, @Samsung, @google and cloud service providers @Microsoft and @amazon Yes, that’s right. I’m not talking about Ethereum, Polygon, Cardano, Avalanche, Hedera, or any other chain. And no, I’m not talking about the Saga phone. I’m talking about the world of software applications. I think Solana in particular will be the crypto winner in this domain by a wide margin. Let’s talk about why… The application layer Imagine you buy a new phone. It doesn’t matter which brand, but imagine that this phone costs you $1000, and it’s better than an iPhone. Way better. It’s loaded up with all the apps you expect, but they are better than the Apple equivalents. The calendar/to-do apps are all built by third parties, so you can pick which ones you like the most, but they all integrate seamlessly together. They can share your data between them. Want to switch to a new calendar app? Just download it, and you don’t even need to migrate your data to the new app. It’s already there when you open the app. Now imagine you open your navigation app, and all those calendar events are loaded into it, and it offers a screen that tells you the estimated commute times for each event location. No app integrations necessary. Not only that, but you can open a random restaurant recommendation app, and an AI model will look at your travel patterns, grocery preferences, and pre-existing eating habits, and automatically recommend 10 new restaurants that you’re going to love. But you’re feeling more adventurous, and you speak to it, saying, “I was actually thinking about trying out Himalayan food, preferably not too expensive” and it produces a nice (probably small) list of options. You say, “schedule a date with my wife for tomorrow at that second one on the list,” and it creates a calendar event, invites your wife (who uses a totally different calendar app), and makes the reservation for you. Now imagine that all of this happens without any centralized entity collecting your personal data. It’s all encrypted and it all lives on the Solana blockchain. Not only that, but all the apps are super cheap and usually free. The only catch is that you spend about $3/month on SOL that you need in order to use these apps. How is this possible? Well, the entire point of blockchains is to have a globally shared state that can be accessed by anyone at any time. Imagine if all the Web2 tech companies shared a single database and could integrate all their apps together to give you a seamless user experience across all of them. Solana enables that. With this type of system, we don’t need those big tech companies collecting “platform rent.” Individual companies lose their network effect when the network is global, permissionless, and open-source. Now the companies building applications will need to focus less on building a huge moat of personal data capture & exclusive “walled gardens” of applications, and will instead focus more on delivering great user experiences. They won’t be able to rest on their laurels because they have all their users locked in. Users can’t be locked in if their data is freely available to competing apps. The friction of switching to a new app becomes nonexistent. The underlying tech Let’s talk about the technical reasons that Solana not only meets these requirements, but is also the most likely candidate to dominate this use case. To do all of these seamless app integrations, you can’t be constantly splitting up that state onto multiple shards and rollup chains. Instead, you really need a single integrated blockchain that holds all the state on-chain. Obviously you can get away with using multiple layers of chains, but that’s way more complicated for developers and potentially the end users. We want simplicity and ease, so a monolithic blockchain is ideal. As much as admire Ethereums history, Ethereum’s model is far less than ideal.
@martypartymusic - MartyParty
To have a useful monolithic blockchain without the need for layer-2 chains, you need **speed**. You need insanely high data throughput. You need insanely fast time-to-finality & block validation. You need to eke out as much performance as the hardware will allow. Solana has that. It was designed to run as “close to the metal” as possible on modern hardware. With the new **@jumptrading @jump_firedancer ** client, it’s getting even faster. But raw speed isn’t the whole story. You also need **parallel block validation**. This is less about “running close to the metal” and more about allowing all your CPU cores to run all of that fast code to validate many blocks simultaneously. Ethereum (and most other chains) require each block to be validated one-at-a-time, because you need to avoid multiple clients writing data to the same state at the same time. Ethereum handles this “state contention” problem by forcing each block to wait in line for validation. In contrast, Solana is designed to inspect which parts of the state are being written to, and if they don’t overlap, those blocks can be validated in parallel.
@martypartymusic - MartyParty
Parallelism unlocks more speed, but it also does something else that’s potentially even more critical: it provides **isolated fee markets**. This means that if 100 companies want to mint 1 million NFTs at the same time, the fees only scale up relative to one NFT collection. The fact that they have non-overlapping state allows these NFT mints (and associated transactions) to be performed in parallel. From a more generic application perspective, this means that a single Solana app that gets a ton of traffic will not affect the fees you pay for non-related apps. This isn’t true for Ethereum.
@martypartymusic - MartyParty
Scaling Let’s talk about scaling. Let’s say Solana gets to a billion users. How will it scale up to meet the demand? Well, theoretically all you need to do is add more cores to the validator node hardware. Ethereum needs rollup chains to independently solve their own scaling problems, or else rely on new rollup chains arriving to offload some of the traffic. And when that happens, you need to update existing applications to support those new rollups, and you need data migrations and duplications to provide that seamless interoperability that Solana gets for free. Conclusion Ethereum might be optimized for token hodlers and great for gas guzzling validator profits, but Solana is optimized for actual users. You can get everyone in the world to buy your token, but if most people don’t actually want to use it for whatever reason, then your chain will die, and the most user/developer-friendly chains will dominate. Im a technology junkie. I invest in the best tech. It’s not personal. Solana is the clear unicorn.
@martypartymusic - MartyParty
H/t @ScientificBeastMode on @Reddit for this
@martypartymusic - MartyParty
Questions for @SenWarren: - We have evidence you coordinated with short seller Marc Cohodes to spark the Silvergate-Signature-SVB bank runs because they banked crypto. Is this true? - We have witness statements saying you colluded with the FDIC, Treasury & OCC to enact Chokepoint 2.0 against crypto. Is this true? - This week you used fake data to plant a WSJ story that diverted blame for Biden’s Iran failures on crypto which was redacted by @WSJ yet you have not commented. Do you have a comment? 👀 @ewarren we would love some answers. Seems you are compromised. https://finance.yahoo.com/news/curious-tale-elizabeth-warren-short-151317062.html https://thehill.com/policy/finance/268223-house-passes-bill-to-curb-operation-choke-point/ https://www.cato.org/blog/warren-targets-crypto-questionable-data-again-0
