Onchain Earnhardt ⛓️
1.8K posts


This is my 3rd week as VP of Engineering DeFi at @Polymarket , and I'm going to be straight: the traction @Polymarket has seen has massively outpaced our infrastructure, and we haven't done nearly enough to scale to keep up. I hear you, and fixing this is our entire focus. We're a major company now, and we need to engineer like one. Here's exactly what we're doing:
- Onchain data latency. We're working on making this near-instant so the experience is incredible.
- Chain migration. We need more block space, cheaper gas and much smaller block times so settlement is instant.
- Transactions are getting cancelled. We understand this is one of the most frustrating issues right now, and we have a complete fix coming very soon.
- Massive focus on the website to make it faster, more responsive, and with better UX.
- We added observability everywhere. Proper alerting so we catch issues ourselves, market makers should not be the ones telling us something is down. That's been unacceptable, and we know it.
- E2e tests throughout, starting with the CLOB, so issues get caught in CI before anything ships.
- CLOBv2 is not a rewrite. It won't improve performance or stability on its own; it's an upgrade that unlocks us to move fast right after. We'll do better with communication next time.
- We are rebuilding the CLOB from the ground up. Most important thing we're doing. Without it, we can't be the best DeFi exchange in the world. We know it, we're on it, it's mission critical.
- Unified TypeScript SDK for all APIs, which is shipping soon.
- Unified API. One WS connection for everything, with a schema that's actually readable.
- New Polymarket contract in the works that unlocks things that are simply impossible on the current protocol.
- New hires: Head of QA Automation, Head of Dev Tooling, Head of Internal Tooling, Head of Data Engineering.
- Smaller, dedicated teams. Fewer focus points per person, clearer ownership. People do what they're good at and are accountable for it.
- Working closely with customer support to give them real debugging tools so any user issue gets properly diagnosed, not lost.
- Proper communication with marketing and market makers so everyone knows what's coming and when, and MM can submit feature requests with a clear path to get them into engineering and shipped.
- Working with 4 security teams daily to ensure we're super secure and that funds are always safe.
- Perps incoming. Brand new contracts and a backend built from scratch in Rust. We're proud of this one.
- A lot of other fixes are running in parallel right now.
Starting next Friday, I will be posting weekly engineering updates.
I joined because I genuinely believe in what @Polymarket is trying to do. @shayne_coplan built this so the world has somewhere to go to find out what's actually going to happen, not what the media thinks, not what a pundit says, but what thousands of people are willing to put money on. But right now, our engineering isn't living up to that. We've let people down, and I'm not going to dress that up. I came here to fix it, and that's exactly what we're going to do. The next few months are going to speak for themselves. Stay with us.
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@devjoshstevens @Polymarket Strongly recommend evaluating @NEARProtocol for Polymarket’s chain migration. Ships ~600ms blocks + 1.2s finality for near-instant onchain data/settlement, predictable sub-cent fees, massive scalable block space via sharding, and native Rust sc—🤝CLOB rebuild + new perps backend
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Onchain Earnhardt ⛓️ retweetledi

@DiBartoloJoseph This is what happens to "morality" when it is not based on God.
Beating and abusing your family? No prob.
Saying Pride Month is wrong? Cut from the team.
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@CryptoGodJohn $NEAR is shipping substantial tech updates. Tokenomics are fixed as of last week. Still a top 3 in daily users. Price is bottomed.
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@VK_Jadge A reaction to the imminent Iran attack should take it down there nicely — then blast up end of month
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Onchain Earnhardt ⛓️ retweetledi
Onchain Earnhardt ⛓️ retweetledi
Onchain Earnhardt ⛓️ retweetledi

Love this. But where Candace gets it wrong is conflating “Judeo-Christianity” as a strictly Protestant belief.
The father of Protestantism, Martin Luther, was a deeply opposed to Judaism. It wasn’t until post WW2 that jewish power financed and rooted out all antisemitism in
That Trad Gal@thattradgal
Now that we know that Charlie Kirk was praying the rosary, going to Mass, invited a priest to their home after being cursed, was wearing a St Michael the archangel medal, and told Candace Owens, “We should chat soon. Catholicism is looking better and better.” why do you think Protestants who knew him have been working so hard to misrepresent the direction his faith was heading?
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Onchain Earnhardt ⛓️ retweetledi

Totally agree there's a generational opportunity to build the Crypto Neobank of the future.
Zoom out and you see that many of these companies are competing for the same prize.
- Coinbase is looking to add payments and more traditional assets (e.g. stocks)
- Robinhood is aiming to add crypto and stablecoins
- Phantom is using onchain finance, perps, and trading as a wedge (now offers a stablecoin)
- Stablecoin Neobanks are using payments as the wedge and offering trading of other assets
There's a subset of product offerings (payments, lending, betting, yield, trading, insurance, etc.) that many of these Crypto Neobanks will offer.
The winner eventually topples the House of Morgan.
Jack@Jackkk
Sam explains why Crypto companies are racing to build the biggest Neobank product “It’s a generational trade, I’m incredibly bullish on whoever wins the neobank race. Neobanks are just the financializatoin of the internet, it makes sense to build on crypto rails”
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@ThrillaRilla369 The communist architect is always the same.
Boxy, bleak, colorless, meant to oppress the soul.

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