Daniel Barabander

Today we're releasing Agora: the first ever pretraining stack that allows non-collocated consumer GPUs to be competitive with centralized clusters Agora is 15x faster than Megatron-LM in this setting and is only 1.5x less efficient in terms of tokens per unit compute than TorchTitan on H100s, despite running on devices that have no NVLink or InfiniBand support.

Over the past few weeks I've been using an agent daily However, it's become increasingly clear that it's not a long term solution. I'm decently suited to hack around, but not to manage hosting and security for an always on, extensible agent What are the best managed agent services ?

Importantly, a month of 🫡Honcho-powered Hermes usage Perfect for supplementing the local markdown system Memory is a reasoning task... and Chuck's just beginning to see the benefits 🚀

Through the Looking Glass: Conceptualizing Control and Analyzing Criminal Liability For Unlicensed Money Transmitting Businesses Under Section 1960, by me, @jchervinsky and @dbarabander edit.financialcrimelitigators.org/api/assets/cd6…

Excited for @charmsai 's @honchodotdev-powered characters that don't forget 🫡

Big day on Derive. $165M+ 📈

Sometimes you just gotta persist

“I see this as prediction markets’ Youtube moment” - @itsmaximilian, CEO of @meleemarkets

@itseneff You look great

Never fun when you wake up and see yourself on the timeline as the before picture

@OnchainLu @artemis @jonbma @anthonyyim You’re a legend - great pick up by Merit

my time at @artemis has been by far the most formative chapter of my career learning from amazing founders and working with teammates i love is something i’ll always be grateful for. thank you @jonbma and @anthonyyim for the opportunity and for many other things, especially giving me the freedom and confidence to follow my curiosity about agentic payments, even when no one had any idea what they were that interest has since turned into an obsession, and has opened up the door to my next chapter -- i’ve joined @merit_systems !! i've spent the past 6 months building conviction in agentic commerce, filtering through the data, mapping the market, and writing theses. i've watched x402+mpp go from 0 to 180M+ agentic payments. i've watched the merchant supply side compound from under 100 to over 5.5K merchants. i’ve spoken with almost 100 teams building the infrastructure, tools, and services agents will need through all of this, 3 things have been made clear to me: 1. micropayments will fuel the next iteration of the web (the agentic web). the current business model of the internet is breaking and needs to change. 2. open protocols will win. walled gardens can't serve the long tail, and the long tail is where the most interesting use cases of the agentic web will live 3. Merit Systems is one of the few teams that understands what’s necessary for the agentic web to 1000x, and they’ve been tackling each challenge head on -- from tracking activity, to aggregating x402/mpp resources, to building the gateway into the open agentic web if u want to get a taste of the open agentic web, i recommend u check out tryponcho.com btw, i'll be focused on expanding the merchant side, so if you're building a product that u want to make accessible to agents, hmu (i can help) agentic commerce is coming.

In Miami this week with @ksett13 - reach out if you’re: - Market making options / perps - Building onchain structured products - Integrating options trading into your product - A Derive power user - A friend There is much to discuss

Just shy of 2 billion for the month of April. It took us 4 years to get to our first billion. Let's see what May brings.

@jonchu @firstc0in @sabina_beleuz and I have gone super deep on the legal angle here here - would love to chat.

@firstc0in Would love to learn more. Curious on the legality of this too

Tokenized seed-stage startups are trading at crazy premiums to what VCs would pay. The market understands that venture bets are call options on crazy outcomes. When access is democratized and you’re liquid on day 1, investors are a lot less price sensitive.

Private markets have been the most asymmetric wealth-creation engine of the last two decades, and retail investors were legally locked out for most of it. New funds from Fundrise, Robinhood, and Naval are changing that. But look at what you're paying across five funds holding essentially the same assets. 👇