ceo @helius — Solana RPCs & APIs: helius.dev — bare-knuckle typist

Pinned Tweet
I'm hiring a Sr. PM scalable crypto has only existed for 2-3 years there remains tremendous opportunity, invention, & glory for those who think about product from first principles at Helius, you'll get a huge platform of products & users to build from come work with me
100
44
689
83,684
if youre on Solana and haven't thought about @HeliusPrivacy, I humbly guarantee you will fall behind your competitors and your users' wants ZK at Solana scale is a hell of a challenge, but we've done it and it will change Solana permanently get in touch
bullish @HeliusPrivacy look into the tech and implementation if you haven't yet. fully onchain, retail and enterprise ready zolana
84
19
366
60,251
Mert on what the best Solana startups have in common. “The unifying thread is the founders are super interested in their own domain. They don't go from idea to idea. They start very small. They expand to adjacent markets. And they ruthlessly care about the end user and the product. That's really it.” @mert of @helius at Solana Summit Serbia
6
9
54
7,457
mert retweeted
It’s important for your future that you understand Zcash. You can’t have zero knowledge about zero knowledge. Thus, this year's Network State Conference will include a Zcash Zummit, featuring Zcash leaders Zooko Wilcox (Shielded Labs), Sean Bowe (Tachyon), Eli Ben-Sasson (StarkWare), Josh Swihart (Zodl), Josh Lee (Vizor), Dev Ojha (Zakura), Evan Forbes (Valar Group), Maxime Desalle (Winklevoss Capital), and Tom Howard (Zcash Labs). In-person attendees will even receive some free ZEC. So: come to Singapore on October 9. ns.com/conference
116
183
1,227
109,636
when she finds out you hold no zcash
79
32
602
61,047
mert retweeted
bullish @HeliusPrivacy look into the tech and implementation if you haven't yet. fully onchain, retail and enterprise ready zolana
8
6
77
35,978
these are my fav moments because 90% of CT defaults to panic vs thought which is your edge - this is on a bridge to near, it is not near itself - 3M is tiny for a bridge exploit + was made whole & patched in only 1h - if vulns were everlasting, then ETH & BTC would be 0 td
Earlier today NEAR Intents services were stopped after a security incident was detected. The incident was caused by a bug in the Omni deposit and withdrawal infrastructure interaction with NEAR Intents smart contract. The preliminary report indicates the total loss of approximately $3.8M. These funds will be compensated in full. The contract-side vulnerability has been patched. The operations of the NEAR Intents and near(.)com are expected to resume within 1h. Deposits and withdrawals on the following networks will remain unavailable for an additional ~12 hours while fixes to the Omni infrastructure are completed: BSC, Polygon, TON, Optimism, Avalanche, Stellar, Monad, LayerX, Adi, Scroll and Plasma. In case users hold any assets from these chains inside NEAR Intents (for example, in HOT wallet or on near(.)com), they will be able to swap them into other assets once NEAR Intents is back up (in ~1h). The incident has been reported to law enforcement, and we are working with security and blockchain analytics partners to trace the funds and pursue recovery. A detailed report will be shared publicly in the following days.
151
126
1,045
90,763
interesting NEAR is proposing reducing inflation 36% in a span of 2 years with possible eventual endgame of fixed supply monitoring
83
89
1,326
126,972
they also cite the bloody solana issuance battle which was ultimately won but in exchange for quadrupling my cortisol for eternity cool!
11
2
101
12,822
mert retweeted
Rates are making headlines. Now they're easier to follow & trade. Introducing the Rates dashboard on Backpack. Monitor live yields, inflation, the debasement trade, and the events moving markets. Explore Rates. Trade US Treasury ETFs → backpack.exchange/stocks/rat…
56
51
312
66,421
people assume their intelligence is fixed, but this is wrong to raise your IQ by 10 points, simply mute any account that starts tweets with JUST IN or BREAKING
144
31
1,114
79,286
I’ve never been more bullish on anything as I am on $ZEC. It has a cracked and functional dev team. It’s quantum recoverable. It doesn’t have the Saylor overhang. On narrative it's a simple pitch. Everyone missed Bitcoin but actually Bitcoin has some problems and now maybe you get another go. When you zoom all the way out on the chart it has the helpful first candle that makes everything since look small. It implements Satoshi's original digital cash vision which Bitcoin failed to achieve. It's not tied to fundamentals - it's only comp is Bitcoin which is 50x the price. So in a bull market it can absorb all the excess liquidity. And right now people are targeting 10% of Bitcoin's price as a goal. But if it gets there the goal will shift to a full flippening. And at that point it would seem possible. Tbh I think maybe it is possible.
90
101
799
76,332
many false dichotomies around this you can't reap the benefits of being "early" if you're not willing to stomach the path it requires many new folks don't get how this works, so a rough explanation is in order, as cross-chain stuff often comes up in crypto an imperfect but useful analogy: near intents is to near what hyperunit is to hyperliquid that is, it is not the chain itself, but a cross-chain protocol that augments the chain -- you can think of it as a collection of bridges + some other shit. but it is not part of consensus a cross-chain protocol, for all chains, will always have more trust assumptions than the underlying chain -- unit for example also has OFAC screening as does pretty much anything of this nature (your favorite defi or trading app on any chain also almost certainly fits this and even some validators, with few exceptions) this is almost always true for anything that's not the main chain itself, as most cross-chain protocols are generally secured by MPC networks (or multisigs) and MPC clusters are by definition smaller than core validator clusters and this remains true of all connective tissue, e.g., recall how Arbitrum multisig froze the funds of NK hacker a few months ago that of course did not affect the "moneyness" of Ethereum as that is Arbitrum and not ETH on Ethereum itself same thing here I am not aware of any system that can function much differently on risk parameters today (though I can think of a few who lie about it who get called out by zach every few months) the aspiration of course is that over time MPC networks (or multisig governance in the case of rollups) get decentralized enough to reduce the concentration of influence and minimize it to only provable bug patches and asymptotically zero human judgement that is fundamentally what you are underwriting this is a big reason why Solana seeks to concentrate everything internally on a giant chain so that bridge trust risk is minimized (though in practice, this is only half the picture since for example RWAs fundamentally have control authority with the issuer itself, that's why USDT can be frozen on any chain) so, there are three paths here: i) you transact on the main chain itself with only the native asset of the chain, i.e ZEC on Zcash, BTC on Bitcoin, SOL on Solana this is maximal risk reduction, but obviously limiting for anything beyond SoV or payments ii) you do your bridging via CEXes fine, but very large tradeoffs for asset selection, withdrawal/deposit limits, KYC, accessibility, privacy and you get way worse freezing/trust problems iii) you do your bridging via crypto-native protocols that are relatively less decentralized than an entire blockchain itself but are improving security and decentralization constantly, especially against CEXes for crypto to become a truly planetary economy, iii) must work. this is not a choice, it's just a matter of who wins that segment but the only way iii) can work is if such protocols survive long enough to not get shut down by the feds because then the exchanges will default win and that aspirational future for crypto will be entirely lost a valid criticism here is that this should have already been maximally decentralized already, but ofc that comes with its own tradeoffs like being too slow to patch bugs or add features in a relatively nascent stage again, your job is underwriting the execution risk. and you must do so while understanding the parts at play
Crypto space really has a choice - grow the f up or get sidelined with random regulations. Saying we can not do anything when we are programming decentralized system is just untrue. Banks run AI for fraud detection but are inherently centralized and require KYC. At the same time KYC doesn't solve any of real problems as we know. We have better data and talent to create systems that don't require KYC and actually deter criminals while giving full freedom to real users. By working together we can totally weed out crypto of criminal activity. Criminal TAM is way smaller than all of economy moving onchain we are targeting. Decentralization != disorganization
66
45
423
106,167
big upside of CT elevating traders to celebrity status is that the majority of traders are clueless on how any of the tech works, who then spread it to their followers which is your edge Solana and Zcash were obvious examples, and perhaps there's another baldtardio
151
30
682
75,839
you know why im here trillions
JUST IN: 🇨🇳 China's top intelligence agency warns anonymity in crypto is a "false proposition" and an "illusion." China's Ministry of State Security says foreign intelligence agencies use the "illusion" of crypto anonymity to trick citizens into espionage recruitment, claiming crypto is untraceable. China says blockchain transactions leave a permanent digital trail, and converting between fiat and crypto makes it easy to expose people's identities.
73
51
936
155,827
mert retweeted
Starting today, the Tachyon team is releasing a stream of announcements: * code releases * specs & ZIPs * guides & technical posts * audit reports and then in a couple weeks we'll be doing a presentation at an unannounced event, stay tuned for more on that!
We're beginning to integrate Tachyon's cryptography with Zakura Common. tachyon.z.cash/blog/integrat…
21
81
363
36,488
having an AI reply bot on X should receive the same punishment as shitting on the street IRL as they amount to the same thing
109
27
575
74,497
switzerland slowly losing its stance as a global, private and neutral safe haven for assets if only you could have a swiss vault in your pocket on the internet with those properties zetardio $10,000
For #Russia #Switzerland is not a neutral state anymore. It is the choice of Switzerland. No hard feelings. This situation simply proved that Switzerland is not strong enough to be really neutral and that neutrality is wishful thinking but not a principle of this country.
58
38
526
75,095
mert retweeted
The path to scaling Zcash. @zkdragon of @Zcash takes the MEXC Stage. Thu 8 Oct · 9:45 AM
34
31
248
23,724
the midcurving on SOL comes from a profound cynicism about crypto's future what's going to happen is that crypto adoption is going to 100x it will not just be perps, or RWAs, or memes -- it will be all of it the totality of old finance combined with the weirdness of new finance, at planetary scale and at that game, Solana is king to that effect, one framing I've been riffing on: SOL is new money 'new' is a powerful & optimistic word -- it represents possibility and the infinite, rather than marginally optimizing spreadsheet accounting it is too early in the game to treat novel internet money as it were a derivative of Costco stock. blockchains that scale are barely 2-3 years old it's 2004, you can opt for JP Morgan or you can go for Apple neither are wrong, but one is more optimistic
179
133
1,371
208,999