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cubicle monkey by day // nonCMO of @solana by night // Building: https://nitter.cf/t.co/nknjFooGGz
Austin, TX
Joined August 2009
- Tweets4.1K
- Following1.7K
- Followers1.2K
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MAJOR ANNOUNCEMENT
🎶 come on down, to epochtown 🎶
Announcing epochtown (pronounced ee-pak not ep-uck) a community for Solana builders, devs, artists, entrepreneurs and anyone else interested in building the future on Solana
As someone new to Solana it is sometimes hard to find like minded people to learn from, collaborate with and build with. Epochtown aims to change that, all newbies are welcome and no questions are too dumb to ask
If you’re just getting started, trying to find your way around, or want to find someone to collaborate with on the next hackathon, or maybe you’re building and have questions come on down!
Discord link in next tweet below
Huge huge huge thanks to @adlonymous for the discord magic, @jacobvcreech @nickfrosty for the motivation, @dhruvsol for the cute designs and @beeman_nl @metasal @0xnaga @SolDapper for being the OG fire starters :)
ferric | stakeware.xyz validator (marketing arc) retweeted
Surprise...
In the dead of the night while no one expects it and no one will see...it's time: I made a token.
But it has to be done right, and it shouldn't belong to me or frankly have anything to do with me.
Puzzle pieces in my head that have been scattered for years have finally conjoined.
Anytime I considered launching a "creator coin" I kept coming back to the same economic and moral dead ends: the ceiling is my reach, and my only way out would be to dump on my own community.
This ultimately led to a re-kindling of passion for an idea that I'd been working on since the closure of the Kin Foundation: solving the problem Kin never could.
Instead of tokenizing any one fan club or app, I am creating a pure, fair token that can feasibly be used by many communities and businesses that work together to grow the same economy, like a real world currency.
We tried this with Kin, and I had a front-row seat to where and why it went wrong, how pitches died in meetings, and what the next attempt needed to look like. The project failed, but the lessons were seared into my brain, and I watch others repeat the same mistakes time and time again.
That is what led me to launch ALL.
The thesis behind the experiment is simple: money eventually consolidates.
Crypto started with a few currencies and deep liquidity, then fragmented into millions of tokens, each walled into one niche, each diluting all the others.
Expansion, without gravity.
ALL is built to run that history in reverse.
One shared currency, mined by demand: fairly launched, nobody allocated anything, no foundation, no roadmap.
The only ways to get it are to buy it at the public price or get paid in it, including me. I helped run one of the ecosystem currencies that died trying this with free and gameable supply, so, ALL has none.
Nobody gets anything for free, and everyone is responsible for themselves. No gimmicks, no shortcuts. A pure economy, with pure economics. A token as a primitive.
Most projects don't really need their own token, but they might benefit from interoperable money that just…works?
Every community, business, or app that plugs into ALL (under their own brand if they choose via whitelabeling, no permission required), gives everyone else one more place to spend the same money. In essence, reinstalling gravity: every use case gained improves the usefulness of the money for everyone, and anything that already exists becomes even better when rebuilt on the shared currency instead, because it already works everywhere else.
A community of communities; a katamari, first rolling up small dust particles and rice, everything that never needed a ticker of its own, snowballing bigger and bigger until maybe one day it can absorb skyscrapers, countries, and planets. Or realistically, maybe not, who knows.
The concept is inspired by the singularity: one infinitely small point containing every ingredient the universe would ever need. Not the biggest thing in crypto whatsoever, yet the smallest thing with everything in it.
It starts infinitely small, with communities and businesses that the math says shouldn't go it alone. But the ceiling doesn't have to be my audience nor theirs. Fans eventually saturate. A single business's revenue might plateau. But commerce compounds. How far this rolls, I do not know and nobody can promise.
What I can tell you is no one is "in charge" of ALL, so no one outranks you in it either.
The roadmap is whatever you build with it.
Going forward, personally: I will take some tips and payments in ALL, I am opening a music community within ALL, and I have a few ideas I don't want to talk about yet and may never come to see the light of day. Nothing is promised.
For now it is exclusively available via Flipcash, and sending it is as easy as handing someone a bill or sending a text message, no crypto experience needed.
ps: the logo was an accident. I was pushing shapes around a pitch deck, dropped a square behind a circle, and saw a shooting star while I was doing it. So it stayed.
Unless you're also using ALL for something, you're not encouraged to buy. Description's on the site.
ALL is a shared currency mined by demand.
Team allocation: 0
Presale: 0
VC raise: 0
Foundation: 0
Airdrop: 0
Roadmap: whatever you make with it
Supply: 21,000,000, fixed forever
Only ways to get it: buy it, or get paid in it
The logo is a circle and a square. Squaring the circle is famously impossible, which is the honest thing to put on the label of an experiment.
Live on Flipcash since March 2026.
ALL is not an investment.
all-token.org
haha I asked gpt6 sol to free up the branch from its worktree so I could test it, it deleted the worktree which deleted the session. Stick to 5.6 bros
ferric | stakeware.xyz validator (marketing arc) retweeted
Alpenglow is live on Solana testnet 🌄
Finalization time has dropped from ~15 seconds to ~150 milliseconds, around 100× faster
A huge engineering achievement and a major milestone on the road to mainnet
Testnet today. Mainnet is the next frontier⚡
testnet.stakingfacilities.co…
ferric | stakeware.xyz validator (marketing arc) retweeted
Alpenglow transition on testnet running smoothly! Mainnet soon 🚀
ferric | stakeware.xyz validator (marketing arc) retweeted
v4.3.0 is a go for mainnet:
github.com/anza-xyz/agave/re…
ferric | stakeware.xyz validator (marketing arc) retweeted
🗣️ everyone asking me (okay, 1 nerd asked me..) for the 250ms market open report.
let's keep it simple:
- the transactions are flowing
- the latencies are down
see you at 200ms
ferric | stakeware.xyz validator (marketing arc) retweeted
Validators! We need more stake on v4.3.0-rc.1. Please upgrade today. We're hoping to have 25% adoption going into the weekend.
Looks like the Jito discord or @morgansawerr’s account may have just been hacked. There’s no jitosol claim, stay safu frens
ferric | stakeware.xyz validator (marketing arc) retweeted
Crypto Needs YOU 🫵 Clarity Act
Crypto Needs YOU: Clarity Act
The Senate votes on the CLARITY Act Sept 15. Calls need to land before 2:15pm ET. Call your senator in 2 minutes: https://www.standwithcrypto.org/action/call
I'm building in the Crypto World's Fair Hackathon, powered by @Colosseum!
colosseum.com/hackathon/soci…
ferric | stakeware.xyz validator (marketing arc) retweeted
the goat @fd_ripatel has finally done it
github.com/firedancer-io/fir…
let's see agave's dependency tree...
ferric | stakeware.xyz validator (marketing arc) retweeted
For everyone getting bored of Transaction V1 migration.
The new alpenglow migrations guide just dropped \o/
Data streams will change and vote transactions will be removed.
Here is the migration guide: solana.com/upgrades/alpenglo…
ferric | stakeware.xyz validator (marketing arc) retweeted
Yellowstone Vixen is now Shipstern, under the Solana RPC Working Group.
From hand-written parsers at Holaplex to Janus, the data backbone of @JupiterExchange. The full story and what's next.
Using Shipstern? Reply, I want to hear how it can serve you.
ferric | stakeware.xyz validator (marketing arc) retweeted
200ms
8k txs (40k TPS)
300M CUs (1.5B CUPS)
5.5k shreds (27.5k SPS)
this is the block 🔳 Agave can handle
ferric | stakeware.xyz validator (marketing arc) retweeted
Solana's VAT fee is stupid, forreal. Yet another Solana fee hardcoded to a fixed Sol amount.
As long as it exists it's a great way for people to virtue signal that life is hard for small validators while stifling potentially good economic proposals out of self interest. Two inflation proposals almost failed because of this.
It also remains a long term point of FUD against Solana still
The numbers go down because Solana has a really dumb system for charging validators (voting/VAT fee) to prevent sybil resistance. But it's way too much and it's a dumb flat fee in Sol. It costs $50k per year right now
ferric | stakeware.xyz validator (marketing arc) retweeted
🚨 Big Pumpfun ruling out of SDNY today and every claim against Solana Labs, the Solana Foundation, and the executives named alongside them got dismissed.
Judge McMahon decided the motions to dismiss in the Pump fun class action, here's what it says:
The two memecoins involved in the Complaint weren't securities... but not for the reason everyone's about to claim. Plaintiffs said the tokens were "investment contracts" under Howey. The court said no, because there was no common enterprise. The SOL you put into a token's curve doesn't fund some shared venture that lifts every holder together when it succeeds. It's just a curve. You win by selling before the next guy, and the ones who buy in late lose when demand dries up. That's the OPPOSITE of everyone's fortunes rising and falling together, which is exactly what a common enterprise requires. Dismissed WITH prejudice on the two tokens the named plaintiffs actually held. THIS IS NOT ALL "memecoins aren't securities." It's that a memecoin with no real enterprise behind it isn't one. Different tokens, different facts, different answer. I cannot say again this does NOT mean all memecoins aren't securities.
Worth noting that Pumpfun is not completely off the hook.
The RICO claims survived against Baton and its three founders. The alleged "fair launch," per plaintiffs, was a "facade" aka insiders and paid influencers grabbing early positions while retail got told the field was even. That's pleaded as a pattern of wire fraud. The court also let through a claim that Pumpfun ran an unlicensed money-transmitting business through its smart contracts. Both now go to discovery.
The gambling theory, though? Completely dead. Trading memecoins, in the court's words, "chancy though it be, is not the placing of a bet." We love a spicy judge.
As stated earlier, Solana walked. Every claim against Solana Labs, the Foundation, and the named individuals got tossed. Building the rails something runs on isn't the same as running the scheme, and the court wouldn't infer that Solana knew about or signed onto any of it.
WORTH EMPHASIZING: not a security doesn't mean not illegal. The securities theory is dead, but the fraud theory is still alive against the company and its founders. Remember that this is a motion-to-dismiss ruling. NOTHING IS PROVEN. The court just found enough was plausibly alleged to move forward.
What happens next?
The case doesn't end, it just narrows. It's now a RICO case against Pumpfun's operator and its three founders, carried by two plaintiffs. Discovery is going to be a big one here. Plaintiffs already pried loose nearly 5,000 internal chat messages, and that's before formal discovery even opens.
The bigger hurdle down the road is class certification, which is a much steeper climb than surviving a motion to dismiss. The dead claims are mostly dead for good: securities and unjust enrichment went out with prejudice, Solana's gone, and none of it gets reviewed on appeal until there's a final judgment, IF ever. One near-term date to watch is Sept. 10, when plaintiffs have to explain why the 25 unnamed influencer "Doe" defendants shouldn't be dropped for never being served.
Here's some screenshots of the Order I found to be interesting. It's not publicly available yet (I got this through PACER). Once it is, I'll update this with the link.