Matt Huang

Never been more bullish about what's ahead for builders in crypto. Thanks @patrick_oshag and @domcooke for the deep dive.

Important circuit court win for Kalshi and prediction markets "This state regulation is exactly the patchwork that Congress replaced wholecloth by creating the CFTC"

We're hosting a one-day hackathon around automated research! * Thursday, April 9 (8 AM - 4 PM PT) * SF and online * Hosted by @paradigm * Compete in never-before-seen optimization challenges, or build your own projects * $9,000 in total prizes Application in 🧵

@lindaxie @breeves08 @Lux_Capital @bussgang @davidlee Congrats!

Hit a DPI milestone for my fund today. Grateful to those who bet on us esp during a tough time (my lowest career point). @breeves08 + @Lux_Capital, @bussgang, @davidlee wrote us checks in 2018/2019 when our fund + crypto was down 50-70%! They rode it even lower and stuck with us

@gradypb @nataliemiyake @dougleone @sequoia Bullish

It's a great day to be a founder: we've named @dougleone chairman of @sequoia. Doug passed the baton a few years back, but he never left: he’s been in the office, working on boards, and serving as consigliere to the next generation. When we realized how much gas Doug has left in the tank, we invited him to ramp back up as an investor at Sequoia. Please cut him some slack as he onboards over the next couple weeks. Let’s go!

@MikeIppolito_ the future of france

Most discussed projects at Eth CC. 1. Tempo 2. Canton 3. Figure

More institutional markets coming to Kalshi (e.g. non-farm payrolls, etc) One area I'm particularly excited about is markets around compute

Exclusive: Andromeda started out as a project by AI-focused VC firm NFDG. Now it's a standalone startup with a run rate of $100M and a $1.5B valuation after raising $60M from Paradigm. I spoke to CEO @WMoushey about his plans to build a better market around global AI compute.

Awesome opportunity to work on crypto at Ramp

@solana @mpp @stripe @tempo Smart!

Solana now supports the Machine Payments Protocol @mpp by @stripe and @tempo. If you're building an API that needs to accept payments, @solana/mpp SDK handles any stablecoin on Solana (Spl, Token2022). If you’re already building with MPP, Solana is now a supported payment rail. Solana is built for agentic payments.

@kwharrison13 Neil Shen founded Ctrip?

Some of the greatest VCs of the last 20 years didn’t work at a startup. Jim Breyer, Peter Fenton, Bill Gurley, Mary Meeker, Neil Shen, Lee Fixel, Josh Wolfe, etc. Being a good investor is defined more by temperament than background.

@MollySOShea @Keller Paradigm is going airborne ;)

@matthuang @Keller Zipline is going on-chain?!

Excited for Paradigm to be investing in this latest Zipline round Congrats to @Keller and team on the stunning progress

@TrustlessState @Keller @LimitlessFT He’s so good

@matthuang @Keller We interviewed @keller on @LimitlessFT a while ago - truly an incredible company doing incredible things

@gakonst @karpathy Wow

wild to imagine agents autonomously self-training & paying w/ stables i built mpp-nanogpt-modal which deploys @karpathy's nanoGPT project on Modal using MPP and trains it w/o API keys, everything paid with stablecoins on Tempo next up ill try longer runs & autoresearch

MPP myths "MPP only works with Tempo" No. It's payment method agnostic — works with crypto and fiat, any chain. It's already been extended to Bitcoin Lightning; there's a draft extension for Solana. "It costs 1.5% to use" No inherent cost to using MPP. Individual payment methods may charge fees, but that's no different than today. Blockchains have different fees. Fiat methods have different fees. "It's less open" MPP launched with 4 payment methods on Day 1: Tempo (stablecoins), Stripe (various payment methods), Visa (cards broadly), and Lightspark (Bitcoin Lightning). Visa and Lightspark were each able to extend MPP in a matter of days. MPP does not have a complicated foundation structure — it's designed to be simple and extensible by anyone. It's also been submitted to the IETF as a web standard. "It's session based vs. pay-per-request" MPP supports both. The most basic version is pay-per-request. Sessions (payment channels) are useful when you want many small payments in succession at the speed of APIs, not blockchains. Fewer API round trips also means MPP is faster in practice. "MPP is specifically designed for Tempo / Stripe" It's designed to be as simple as possible. No complicated facilitator. No assumptions about specific smart wallet implementations, stablecoins, or chains. It separates secure HTTP communication from the payment rail. That's why Visa and Lightspark could extend it so quickly.

@gakonst shipping, and shipping, and shipping more

to be absolutely clear, the only things we paid for the tempo hackathon were the breakfast bagels, the pizzas, the diet cokes, and the redbulls the hackathon has no sponsors, no rewards, no winners, just good vibes, good music, and great hackers

Paradigm is a hacker’s paradise [It costs $0.01 via MPP to get the robotic dog to wave]

Today, many are focused on adapting existing services to machine payments (@mpp). In the future, I'm excited about MPP-native services. Businesses without a human-facing website. Just paid, MPP-enabled, API endpoints that "make something agents want".