Nihar Shah (@theshah39) 's Twitter Profile
Nihar Shah

@theshah39

Chief Economist at @doublezero; ex-Mysten Labs, Jump Crypto, and Meta (Libra/Diem). Part-time professor, seal rescuer, and golf duffer.

ID: 1002006865394503680

calendar_today31-05-2018 02:00:28

88 Tweet

2,2K Followers

456 Following

Jump Crypto 🔥💃🏻 (@jump_) 's Twitter Profile Photo

We’ve submitted a letter in response to the SEC Crypto Task Force’s request for feedback on a proposed safe harbor. We urge the SEC to clarify that digital assets without contractual obligations are not securities & to prioritize assessing ‘control,’ in its safe harbor framework,

Brian Long | Devil's Advocate 🔱 (@brianlong) 's Twitter Profile Photo

If you've been FOMO-ing over all the IBRL-ing, validators.app ☀️ has a DoubleZero live tracker showing which validators are connected to DZ. Look for the DZ icon. validators.app/validators?is_…

If you've been FOMO-ing over all the IBRL-ing, <a href="/ValidatorsApp/">validators.app ☀️</a> has a <a href="/doublezero/">DoubleZero</a> live tracker showing which validators are connected to DZ. Look for the DZ icon. validators.app/validators?is_…
Nihar Shah (@theshah39) 's Twitter Profile Photo

Blockspace supply and demand curves are counterintuitive. Supply doesn’t shift left when validators exit, i.e. prices don’t rise when validators are unprofitable (although remaining validators make more with more leader slots). Only protocol parameters shift the supply curve.

Nihar Shah (@theshah39) 's Twitter Profile Photo

Why should protocol designers constrain themselves to PoS and PoW? DoubleZero wants to reward contributions across space and time in ways that the existing systems aren’t set up to do. So DoubleZero is a new design that Austin Federa | 🇺🇸 and I call "Proof of Utility."

DoubleZero (@doublezero) 's Twitter Profile Photo

You shouldn't have to deal with inconsistent internet infrastructure for communication. Consistency allows for higher performance and tighter optimization. On @DoubleZero, your infra just... works. 🔗 full chat with Austin Federa | 🇺🇸 and buffalu below ↓

Austin Federa | 🇺🇸 (@austin_federa) 's Twitter Profile Photo

🔥🔥🔥 "We have already integrated our Solana testnet validators with DoubleZero's testnet and are preparing for the upcoming mainnet launch. In addition to latency and throughput improvements, we are excited about DoubleZero’s potential to promote geographic decentralization.

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"We have already integrated our Solana testnet validators with <a href="/doublezero/">DoubleZero</a>'s  testnet and are preparing for the upcoming mainnet launch. In addition to latency and throughput improvements, we are excited about DoubleZero’s potential to promote geographic decentralization.
Nihar Shah (@theshah39) 's Twitter Profile Photo

When Solana ships the multiple concurrent leader model, decentralization will no longer need to be subsidized. Distance will become a validator's strategic advantage instead.