frankie
@FrankieIsLost
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I'm excited to announce we are open-sourcing Artemis, a framework for writing MEV bots in Rust. We built Artemis to make it as easy as possible to get started with searching, and designed the library to be simple, modular, and fast.
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Born too late to explore the earth. Born too early to explore the galaxy. Born just in time to explore the chain.
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Surprised by how few people seem to know that correctly placing commas in your function signatures saves huge amounts of gas. The compiler recognizes the superior aesthetics and rewards you by removing a bunch of extraneous opcodes.
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three years later and this continues to be the greatest love story in crypto.
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the trump NFT contracts might have the most cursed formatting I've ever seen
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I'm excited to announce that I've joined @paradigm as a Research Engineer, to help @FEhrsam, @matthuang , and the rest of the team as they push the boundaries in building a crypto-native investment firm.
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Very underrated paper on Ethereum data structures by @kamil_jezek (. A lot more accessible than the yellow paper, and with a lot less details left as an exercise to the reader.
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I've been working on a new mechanism for selling NFT collections, as well as fungible tokens, with @danrobinson, @_Dave__White_, and @andy8052. It's called a Gradual Dutch Auction, or GDA. It's helpful for finding fair prices for illiquid assets.
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Just read the Tai Lopez NFT contracts, they: .- transfer funds directly to 4 team wallets on every mint .- implement a "dutch auction" where prices actually go up.- use ERC721Enumerable but keep a separate tokenId counter.- use SafeMath.sol on Solidity 0.8.- use Counters.sol
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We've reached the point in the ETHPoW saga where the Coinbase protocol team themselves are submitting PRs to the repo to get the chainID issue solved. And still no response from the team.
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I've been working on the Art Gobblers smart contracts with @transmissions11, with some help from @_Dave__White_ and @JustinRoiland. Today, we're excited to announce that our codebase is open source.
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>@CL207 coming to visit paradigm.>office manager says he needs to show ID at the door.>"uhh, don't think he owns that".>she says costco membership, school id, anything works.>"well, he identifies as a cat, so I don't think he owns any of that".>. >she says no pets allowed.
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people think the kimchi arb was the greatest arb in crypto but you can make a lot of money just taking ideas from cosmos and implementing them on ethereum a few months later.
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ETHPoW team quickly running out of time to release a client binary before the merge, and the closest thing they've done to changing the chainID is adding a comment in the codebase. Searchers are about to have a field day with replays if fork goes through without the change.
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After working on a contract for a while, deploying to mainnet sort of feels like dropping your kid off for their first day of college. Except half the school is trying to mug them and you just hope you've covered them in enough kevlar.
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impressed by the amount of things being tried by teams on Solana that aren’t being tried anywhere else.
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thousands of hours collectively spent on dex research to improve user welfare, and it turns out users just want a telegram bot they can send their private keys to
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>9am, sit down at my desk ready to have a productive day. "Hmm, I wanted to refresh my memory on how the math for this AMM swap works". >9pm, fugue state. Every one of my screens open to a different broken desmos. Googling "how to learn hyperbolic geometry" as hope leaves my body.
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I pinged t11s about some code, and he replies "hang on, I need to finish this assembly". I figure he needs to wrap up some Yul he's writing. Turns out he means he's sitting in the middle a school assembly 😭.
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Yes, submit a PR to Solmate anon, what's the worse that could happen?
@andreasbigger @FrankieIsLost ofc!!.
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Inside every crypto dev there are two wolves. One can rotate shapes and the other is a wordcel. If you let the wordcel die, you end up building ohm forks. If the rotator dies, you end up with a failed algostable. We must all strive for balance.
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it’s 2024 and people are still complaining that Ethereum doesn’t have a clear North Star? The roadmap has been clear for years and has been helpfully laid out in this diagram:
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cosmos and solana really are on opposite ends of the "do you want to be right, or do you want to make money" spectrum.
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DMing random anon accounts with 500 followers is extremely high variance, sometimes it's someone running a +100M crypto fund and other times it's a literal 12 year old.
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if you want to build something big in crypto, build something people can speculate on. If you want to be very big, build a platform where other people can build things to speculate on. If you want to be massive, build something where the data is available.
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I just smashed my TV in front of 20 guests at my christmas party. someone at the table tried using ethereum for execution, not knowing it's a b2b chain. my wife just took our crying kids and said they’re all spending the week at a hotel. scaling has ruined my life and my party.
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I will say this again: there is simply no way to enforce any kind of royalty or fee-on-transfer mechanism on chain. You can always just trade claims on assets instead of the assets themselves. It's a social consensus issue, it can't be "fixed" with code.
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Down bad, have a meeting scheduled with @transmissions11 and realized it's happening during his lunch period at school. I'm officially feeling like a boomer.
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is such an underrated way to learn solidity, it's usually what I recommend after reading the docs. Plus it's a nice warm-up for the upcoming Paradigm CTF 👀.
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the cosmos ecosystem manages to attract some of the smartest and most well-intentioned people in crypto and then just seems to relentlessly beat them down.
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hard to leave breakpoint feeling anything but optimism for crypto.
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>crypto mech designer says his protocol pays high yield.>ask if real yield or retail buying poorly priced risk.>he doesn’t understand.>pull out illustrated diagram explaining what is real yield and what is buying risk.>he laughs and says “it's good yield”.>check.>it’s buying risk.
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you: seeing the superconductor news and worried about the security of elliptic curve cryptography . me: superconductor -> quantum computers and better networking infra -> block size goes up -> onchain physics simulations -> fully decentralized hamster racing.
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bull case for Solana is that it’s sort of like a rocket ship that’s been patched up with duct tape and popsicle sticks yet it somehow still manages to break through the stratosphere.
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Few things in life will put your ego in check quicker than watching @samczsun live audit your code 🥲.
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first you realize markets are good at predicting the future. then you realize markets are good at deciding the future . futardio.
huge w for prediction markets. feels like some rationalist dream scenario. watch this space. i expect the popularity to explode and every potential event will have a market associated.
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just one more infra layer bro. i promise bro just one more infra layer and it'll fix everything bro. bro. just one more infra layer. please just one more. one more infra layer and we can fix this whole problem bro. bro cmon just give me one more infra layer i promise bro. bro ple.
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one of the most painful parts about loving ethereum is being constantly subjected to weapons-grade cope on the TL from supporters.
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I always thought the solana manlet complaints about "eth maxis" were overblown, but I tweeted one nice thing about Solana and the responses are radicalizing me.
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The ETHPoW whitepaper (linked from their official website) is pure performance art. There's a title page, a page that says "The Original Ethereum Blockchain", and then 7 pages that just say "intentionally left blank".
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She's a 10 but thinks backing an algostable with endogenous collateral is a sound mechanism.
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Was at my local coffee shop, and noticed someone well known in crypto in line in front of me. They were speaking very loudly and poorly about a project. A reminder to practice good opsec, you never know when your friendly neighborhood anon might be waiting for coffee behind you.
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when I criticize Solana, the manlet army shows up screaming at me and calling me scum. when I criticize cosmos, I get an army of bad kids saying things like "we deserve this" and "we haven't lived up to our ideals". and I think both those things are beautiful.
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paradigm will be at breakpoint this year. DM if you’re building something that hasn’t been tried anywhere else and want to chat.
impressed by the amount of things being tried by teams on Solana that aren’t being tried anywhere else.
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Many good decisions were made when building Uniswap, ranging from mechanism design to UI/UX. But the greatest decision of them all might have been to abandon the original name for the protocol: "Unipeg"
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“tell toranaga-sama that we're building Solana Network Extensions. we do this to enable new use cases that wouldn't be possible on L1, not because we need to scale the base layer. these extensions aren't parasitic, unlike eth L2s”. “the anjin is building an L2 to scale solana"
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A good test: get gpt-3 to generate crypto marketing copy and see how close it gets to the real thing
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if you want to get up to speed on the latest ethereum discourse you just have to read a bunch of tweets from cosmos people arguing in 2021.
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Sometimes I read a whitepaper's "novel tokenomics" and wonder if the people who were posting troll physics memes to 4chan in 2010 ended up finding their way to defi
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having good taste for problems is like half the battle. some great teams don’t make it just because they just picked the wrong thing to work on. also means that average teams can make it big by stumbling onto the right space.
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My father-in-law is a builder. He is insanely gifted. We were looking at this smart contract together years ago and I asked him what it would cost to build it today. I will never forget his answer… . 'We can’t, we don’t know how to do it.'
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People have already pointed out the lack of gas optimization on the Otherside contracts, but even the structure of the contracts is pretty surprising. For one example, the public sale price is calculated using a dutch auction. but with the same starting and ending price.
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just one more trusted rent-seeking middleman bro. i promise bro just one more trusted rent-seeking middleman and it'll fix everything bro. bro. just one more trusted rent-seeking middleman. please just one more. one more trusted rent-seeking middleman and we can fix this whole pr.
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at ethCC, panelists are asked to define intents: . person A: "intents are constraints on the state transition function". person B: "intents are a glimpse into the subconscious, a probe into user's mind. you'll never have my intents, you'd use them to kill me". we are so back.
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This tweet was a joke about how far devs will go to optimize their contracts, but it seems lots of folks took it at face value 😅. So let me give a quick explanation of why a change like this can't lead to gas savings, for people less familiar with the Solidity compiler:.
Surprised by how few people seem to know that correctly placing commas in your function signatures saves huge amounts of gas. The compiler recognizes the superior aesthetics and rewards you by removing a bunch of extraneous opcodes.
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if L2s are mildly successful, they’ll be millions of people’s first contact with ETH. if L2s are wildly successful, the vast majority of their users will have no idea what ETH is.
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Can't wait for y'all to reveal your gobblers tomorrow and see what the team has in store for you 🧪🧪🧪
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just landed at devcon. weirdly people seem a lot less worried about the L2 roadmap than they were a month ago
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Counterpoint: At one of my old jobs, an eng was debugging by adding `print("FUCK")` in his code. He forgot to remove this, and somehow got through code review and into prod. He 2x'd our log volume with millions of lines of "FUCK" and almost brought down our Kibana cluster.
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Good Evening, “ETF approval” was a 20 minute sociological study conducted by Harvard University. We are now complete with our study. Thank you for your time.
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so many people spend years working on bad ideas. but in crypto, people will spend years working on bad ideas that aren't even theirs. if you're gonna work on a bad idea, make sure it's yours.
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I’m at an intents event today, determined to find out if anyone here actually knows what an intent is or if it’s all a huge psyop.
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a surprising number of problems in ethereum could be solved trivially by not optimizing the network for raspberry pis, but instead we’ve decided to patch them with the most intricate rube goldberg machines you’ve ever seen.
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you either die as literally any project in crypto, or live long enough to see yourself become an L2.
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Doing a survey of open-sourced MEV bots and I'm growing increasingly convinced that some of these are psyops to get new people rekt.
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sentiment at breakpoint seems to be that firedancer will solve the scalability trilemma, find crypto’s killer use case, onboard the next billion users, cure cancer, and help you find the love of your life.
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If your solidity codebase has more lines of code than lines of comments, you don't have enough comments
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Weekend hack: An implementation of RICKS -- an NFT primitive by @_Dave__White_ , @andy8052 and @danrobinson
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Building a bad nft project is way easier than building a bad defi project, but building a great nft project might be harder than building a great defi project.
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lots of zombie cos in crypto with too much funding and too little traction, so any hint of something finding pmf is like blood in the water. starts a feeding frenzy of pivots trying to replicate it, but this almost never works. you can see it today with DA, TG bots, "AI", etc.
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Got a few DMs about this. Some bots to learn from: .• by @_supercycled .• by @gakonst .• by @bertcmiller . Some bad bots: .• Won't link, but probably not a good idea to write your bot fully in Solidity.
Doing a survey of open-sourced MEV bots and I'm growing increasingly convinced that some of these are psyops to get new people rekt.
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feels like most companies in crypto are either 3-5x overstaffed or so severely understaffed they’re barely hanging on.
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> start playing @andy8052's onchain game.> notice one of players isn't making moves .> "hmm, I wonder what's distracting them".> check the chain .> they just took $4M from an exploit.
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your industry: GPUs are used to train large language models which are pushing the boundaries of intelligence . my industry: 16 year olds are renting GPU farms and utilizing 1000s of teraflops so we can put the word g00 a bunch of times in a contract address.
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Me 3 hours ago: "Yes @samczsun, I'd be happy to try out your new security challenges. I'm sure they won't take long". Me, 3 hours later, can't even read his wall of hand-crafted assembly anymore as tears cloud my vision: "This might have been a mistake".
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it’s pretty incredible how low-status crypto has become in tech/ai circles. feels like an important structural advantage.
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RWAs are the most egalitarian thing we've ever seen. the transfer of crypto-wealth to shoddy credit facilities for asset-backed motorcycle loans is insanely ambitious, and if it works, can really reshape the fabric of society.
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What working with t11s is like:
some of y'all aren't ready to accept that full sentence comments are based.
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How do conferences work for anons? Do I wear a robot mask around for ETH Denver? My old Sushi coworkers don't know about this account. .
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On a call with @mewn21: . Mewny: “Frankie, where did you grow up?”.Me: “I grew up in *******, how about you?”.Mewny: “oh sorry, I’m anon, I can’t tell”
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funny thing about MEV is that hundreds of thousands of hours of R&D effort have emerged as a direct result of users not wanting to spend 30 seconds setting correct slippage tolerance on their trades.
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there's deep alpha in being able to correctly tune your skepticism in crypto--go too far in either direction and your odds of success plummet. a common failure mode for smart people is not being able to get this right and ending up blackpilled on the space.
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How to get multiple concurrent proposers on mainnet:. 1. Let multiple proposers submit transactions for inclusion in the same slot.2. Come up with a fair ordering rule for the union of their transactions
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