I earned $1.4M in arbitrage profits on Solana using time travel arbitrage.
Solana's on-chain state is 3 hours in the past, I simply buy assets on-chain at prices 3 hours ago, move them to a CEX and sell them at current prices.
At 16:50 ET and the subsequent 25 minutes, Nozomi processed over 7.5M transactions with a >40% landing rate, and a 0 p50, and 3 p90 slot latency.
Nozomi was launched exactly a year ago, and today it processes hundreds of millions of transactions daily with same slot latency, it
Liquidations Incident Report on @marginfi 🧵
1/ The Solana network experienced heavy congestion at the beginning of April, which severely impacted oracle liveness.
Incredibly excited to announce a project that synthesizes years of expertise we've built in this space.
We've been with Solana since the first DeFi projects, and today we're watching it accelerate toward its original vision of becoming a decentralized NASDAQ. We're thrilled to
Today we’re launching Harmonic, an open block building system optimized for validator revenue and throughput, built to make @solana faster, fairer, and more competitive.
Solana wins with performance and open, fair markets.⤵️
1/n Listening to the @bankless podcast with @toly reveals the purpose of this podcast is not to evolve, but to maintain the narrative.
They discuss common Sol critiques with Toly, but fail to go further than the surface.
Program immutability only works because a majority of the validators chose to enforce it. Not enforcing it with a hard fork to unblock more blockspace is completely reasonable.
