sacha retweeted
The reason for the return of diplomacy between Europe and Russia is the change in the geopolitical and geoeconomic environment. With oil at over $100, and France on the brink of a debt crisis, Europe is politically and financially not able to maintain its support for Ukraine at the level needed for Ukraine to resist Russia's advance, let alone push back. At no point during the last five years did western European leaders have a strategy to secure Ukraine's victory. Nor did they have a strategy for peace. It is too early to say what yesterday's call between Støre, Stubb and Putin will accomplish, but we are now entering a different phase.
eurointelligence.com
on ore and monetary premiums
Replying to @tulipking @DiggyMonke
agree that establishing a monetary premium is the most important thing. disagree that ore's design prevents it from doing so
the reserve simply preserves some of the revenue that would otherwise go to miners (in the btc/zec model) and repurposes it as buying power during downturns
it doesn't have to be fancy. and done correctly it can make for a better SoV (almost by definition)
re ohm, the differences are meaningfully different. for one, original ohm had no limits to supply expansion. so not a great analogy
ohm does demonstrate that the reserve cant establish or sustain a monetary premium. on this we agree
ore still has to establish lasting monetary demand. but i think the reserve can support this
basically there is no good reason for why using revenue to dampen downside volatility (instead of funding security) should put something outside the category of money -- i think you only get to this conclusion if you anchor too hard on what has worked so far
sacha retweeted
Not your keys, not your coins.
A Nasdaq-listed company Datavault AI $DVLT just told the SEC it can’t withdraw its 817.6 BTC from an exchange.
After 4 months of trying, its stock is now down ~50%.
If a public company can get locked out of its Bitcoin, so can you.
sacha retweeted
Replying to @aceddeca1
What SMS said. Our view on the strengths and fees of each:
🟥 Ruby: low variance pooled mining. Tried and tested strategies.
1% fees on the way in and an extra claim 1.25% fee for those who didn't claim.
🟦 Oreparty: mine with other people's strategies.
Around 4% fees on the way in (although most of it goes to buying $Grams, the leading Ore pair), and various claim fees (around 3%) on the way out.
🟨 Orestack: full control multi-miner multi strategy mining.
Around 0.5% plus a fixed Sol fee on the way in only.
The best way to explore is to top up 0.1 Sol with each one and see how it goes!
You ll mine $Ore either ways 😉
From 2011 - 2014, the Thiel Fellowship gave out 40 $100k fellowships to entrepreneurs
That were all under 20 years old at the time...
13 unicorns have since been built by those 40 fellows
4 of those 40 fellows are also now billionaires
Absolutely insane hit rate
🤖 Made with AI
sacha retweeted
I told you, we're going to watch a video about solana:oreoU2P8bN6jkk3jbaiVxYnG1dCXcYxwhwyK9jSybcp mining then you can leave.
Replying to @aceddeca1
here u go
some things have been updated since this, e.g. you no longer lose your SOL when you mine
Jensen Huang in 2003:
“The goal of winning is so you can play again.”
“It’s just like pinball. If you can just play well enough to get another game, you can be there for a long time.”
sacha retweeted
1/3 True story: A few months ago I told myself I could cold call some random business owner and turn them into a $99/mo website client.
Got one.
sacha retweeted
And that may change over time...
Security isn't a static position. It must constantly faster than quantum (and AI) threats.
To paraphrase another great cryptographer in the space (@SuccinctJT): cryptographic ossification for blockchains is never safe.
sacha retweeted
1 person bio startup acquired by Anthropic was pseudonymous “Professor Oak”
But you’re bearing? 🥱
Surprise 1: Anthropic acquired a one-person biotech
.
.
.
Surprise 2: that person is me
Surprise 3: I’m here to tell you all about it
Yes, this is what you think it is; after 6 yrs of increasingly loose anonymity: the Professor Oak reveal post
…and yes, it has gotten so boring around here that I’m literally doxxing myself to spice up the timeline
-------
Ok, allow me to introduce myself. My name is Cody Tranbarger. I mostly tweet, but occasionally find time to dabble in drug dev & starting/building biotechs. My past lives span the VC, crossover, startup continuum; Prof Oak has been my way of keeping a digital foot in those worlds, despite having my physical feet planted elsewhere.
The past 18 mo, ‘elsewhere’ was Mithril Medicine, a co. I founded to develop bsAbs for LAMA2-CMD & other ECM-related genetic diseases.
Mithril was born out of hands-on building with @MikeNGladstone, @JasonPaulRhodes, @LifeSciVC, & team @atlasventure. Somehow, I made enough half-decent calls along the way (even a broken clock is right twice a day, eh?) to convince them Mithril/I warranted a small seed. While I can hardly rationalize such an outrageously cavalier bet, I’m grateful for it, & I'd partner with Atlas again in a heartbeat.
In typical AV fashion, Mithril’s primordial form was virtual, decentralized, & ultra-lean. This stage tends to be short-lived, but for Mithril, it worked surprisingly well, for surprisingly long, thanks in part to the rapid maturation of the AI tools I used liberally.
Eventually, Mithril became a bit of an experiment itself - to find the upper bound of how far it could scale as a single operator + a bunch of Claude (+ a stellar bench of part-time consultants).
In parallel, I started spending time with @nc_frey, @an1lam, & @CoefficientBio team; and promptly experienced, for the 1st time, AI at the frontier. Soon thereafter, Mithril stopped looking like an experiment, & started looking like a preview of an entirely new operating model.
From that spark came “Pipeline-in-a-Person.” The idea immediately resonated when we shared it here back in April; and it was central to the shared vision that led to Anthropic’s acquisition of Mithril, & my joining the team.
Why join Anthropic? Three reasons.
(1) For Mithril, the programs continue, with more resources & infrastructure behind them, and as much Claude as I can put to work.
(2) For me, the chance to start several more programs, & find out how many one person can actually run in parallel - an almost unprecedented luxury for a curious drug hunter.
(3) For our mission, a path to institutionalize & scale this new way of working, then put it in the hands of all of biopharma, all over the world - which, candidly, I find the most energizing.
Will AI x Bio cure diseases? Unequivocally yes, imo… but not by the route that gets the most airtime. Rather than timeline acceleration & compression, I see orchestration & parallelization as today's low-hanging fruit.
Most drug hunters see a handful of go/no-go calls in a career, & spend entirely too much of the rest trading emails (my inbox can attest).
Give them the bandwidth to run several programs at once, and the time to focus on scientific judgment, and I’m willing to bet they’ll make better calls. And at scale, better calls translate to more drugs, higher hit rates, broader patient impact, & likely, a disease or 10 or 100 cured. I couldn't be more excited to build toward that future @AnthropicAI.
Finally, a heartfelt thank you to BioTwitter/X. The end of anonymity is bittersweet, but if anyone’s earned a proper introduction, you all have.
It’s difficult to overstate how much this app has done for me: a decade of education, plenty of friends, many job opportunities, several mentors, a few investors, even a co-founder (fmr). It was the generosity of this community that inspired me to start posting 6 years ago, after just as many years lurking. I hope I’ve been able to pay it forward, in my own small way.
But, to be clear, Prof Oak isn’t going anywhere. Same beat, same themes, and now, a front-row seat to drug development at the frontier. Stay tuned for dispatches from the trenches; and remember...
Gotta Cure 'Em All
sacha retweeted
1/16 the ai industry is making an unusual bet: buy compute for years, sell intelligence by the token. banks, commodity merchants, airlines, utilities and cloud providers each explain a different part of the risk.
sacha retweeted
1 yr and 2 days mining @ORE
I yearn for the mines!
sacha retweeted
The $ORE reserve beginning to age like fine wine… the tokenomics of this project just getting cleaner and cleaner… never seen a better SoV in crypto and even when I didn’t think it could get better, it does
The $ORE protocol is currently routing $6.2M annualized into the Reserve !
Also... that figure scales with ORE’s price and production cost.
I’m not claiming my $ORE anytime soon.
Why? Refining.
+ While other miners claim and pay the refining fee, holding unrefined ORE can earn you refined ORE.
@ORE Explained: Part 4 ⛏️
How do you actually mine $ORE?
25 tiles. Split vs Solo. Lite vs Pro.
There are a lot of ways to approach the mines, so let me make it simple.
ORE Explained: Part 3 ⛏️







































