StaciW_DC

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StaciW_DC

StaciW_DC

@StaciW_DC

CEO Algorand Foundation. 3bn+ transactions and no downtime. I'm not giving you investment advice; I am giving you technology, community, and vibe advice.

Washington D.C. Katılım Ağustos 2013
2K Takip Edilen39.9K Takipçiler
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StaciW_DC
StaciW_DC@StaciW_DC·
Algorand is literally the only #blockchain that can merge an early x402 spec so that agentic payments are fully supported. In fact, I would go as far as to say that if Algorand can't do it, nobody can. Oh, wait, we already did it. #AlgorandCan
Algorand Foundation@AlgoFoundation

x402 is now fully supported on Algorand. Spec merged with @coinbase. Facilitator live. Bazaar running. Tooling ready. Build pay-per-API, micropayments, M2M, and agentic commerce with: • Low fees • Instant settlement • Atomic payment grouping Get started below 👇

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Algorand Foundation
Algorand Foundation@AlgoFoundation·
The EVM ecosystem has over 30 million monthly active wallet users. Until today, none of them could access Algorand dApps without creating a new wallet. That changes now with xChain Accounts. xChain Accounts launches today with @alphaarcade, one of the top prediction markets in crypto by transaction volume. Connect with supported EVM-compatible wallets like MetaMask, Rabby, Coinbase Wallet, or any other EVM wallet. No new wallet or seed phrase required.
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Matt Brigida
Matt Brigida@mattbrigida2·
Been tracking $ALGO order flow since the quantum announcement. Recently, VPIN has increased alongside price. In market microstructure, that’s the kind of fingerprint you’d expect from informed or urgency-driven accumulation. It isn’t proof, but it is a signal worth watching.
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Tristan
Tristan@Tristan0x·
Had a Jane Street interview in 2014 End of round 5. Interviewer says "round 6 will find you." Three weeks. Nothing. I'm in line at the Trader Joe's on 14th. Line snakes past the frozen aisle, the way it always does. I'm holding a bag of orange chicken and a four-pack of cold brew concentrate. Guy in front of me is in a Patagonia vest over a quarter-zip. Not turning around. Inching his cart forward every 30 seconds. Picks a box of something out of his own cart. Holds it up over his shoulder without turning around. "Ant on a corner of this box. Walks to the opposite corner along edges. How many shortest paths." "Six." "Now in 4 dimensions." I think. Tesseract. One edge per dimension, any order. "4!. Twenty-four." "Confidence." "0.85." "Correct on both counts." Offer Monday. $69k base (which I'm told is a 'cultural fit discount'). No bonus. No equity. No relocation. They will, however, allow me to name one (1) colocated server in their NY4 cage. I take my time. This is the only thing I'm being given. I submit "Steve." Already a Steve. I submit "Steve2." Discouraged naming pattern. I submit "Steven." Confusing with Steve. I submit "Big Steve." Big Steve exists in NY5. I submit "my Steve." Approved. Two weeks into onboarding, IT pings the eng channel: "my Steve is down." Three engineers respond at once asking which Steve. The thread spirals. Someone clarifies: "it's named 'my Steve.'" Someone replies "yes but whose." A VP joins the thread: "is this a possessive or a proper noun." Nobody knows. A meeting is called. The meeting is titled "re: my Steve." Nine engineers attend. The first ten minutes are spent establishing whether the meeting title refers to the server or to a Steve belonging to the meeting organizer. The meeting organizer is named Devesh. Devesh does not know a Steve. Offer rescinded Friday. Reason listed in the email as: "Introduced ambiguity into production naming taxonomy. Unrecoverable." I'm no longer allowed in the building. I am also, somehow, no longer allowed in the Trader Joe's on 14th. The doors don't open for me. I have tested this six times. The orange chicken is still in there. Three bags deep on the shelf, frozen, waiting. I think about it every day.
Deedy@deedydas

Jane Street made ~$40B in 2025 with 3,500 employees, a ~2x from the year before. At ~65-70% profit margin, that's $8M profit / employee, the highest for a 1000+ ppl company. High-frequency trading continues to be the most efficient money making engine. I want to share an old story about my Jane Street interview in 2014. Jane Street was known for hiring a lot of math, physics and CS olympiad winners from top universities and putting them through many rounds - including, for trading roles, a gauntlet of mental math. It was my 6th interview and my final round and I recall being asked "What is the next day after today in DD/MM/YYYY where all the digits are unique?" They'd toy with you and say "You can use a pencil and paper, if you want" but you knew that was an instant no. Painstakingly and as quickly as I could, I came to an answer. "How confident are you that this is correct on a 0-1 probability scale?" the interviewer said. "0.95", I blurted out, not fully knowing how to answer that. "Are you sure?" After thinking harder for a few more seconds, I realized I could've flipped the digits around to get a closer date. I gave the interviewer my answer. It was correct. "0.95 huh?" he chuckled. That's when I knew I failed. Note: fwiw, other companies that come close in efficiency are - Tether ($90M+ profit/emp) - Hyperliquid ($80M+ profit/emp) and on revenue: - Valve ($50M/emp) - OnlyFans ($37M/emp) - Craigslist ($14M/emp) - Anthropic ($12M/emp, run rate) - OpenAI ($8M/emp, run rate) For comparison, Nvidia is very efficient at scale and is $4.4M/emp.

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StaciW_DC
StaciW_DC@StaciW_DC·
@devjoshstevens @Polymarket Josh, Algorand has instant finality, 10k tps, and 2.5 sec block time, sub penny transaction fees, and we've never been down for a second. A team of integration engineers can onboard you seamlessly. We'll reach out next week. Have a great weekend! s
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Josh
Josh@devjoshstevens·
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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StaciW_DC
StaciW_DC@StaciW_DC·
@MikeBales How can you say he will haunt you, when you can go back to him anytime you want to.
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Yuval Rooz
Yuval Rooz@YuvalRooz·
After reading responses to Arb’s good decision, I realized how we can turn @CantonNetwork into a truly permissionless chain. Instead of someone who wants to become an SV putting in a proposal via a website, we just call the SVs “voters in a DAO” and you submit a proposal to the DAO who votes on it! Boom. Decentralization!!!
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StaciW_DC
StaciW_DC@StaciW_DC·
2:01:52 ! Incredible record breaking time for John Korir!!!! This is about 6-7 minutes slower than my half marathon PB lol.
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Allbridge
Allbridge@Allbridge_io·
Over $1,000,000 in volume across Algorand. Native USDC moving both ways between @Algorand and connected networks. No wrapped tokens. No extra steps. One more network fully connected to cross-chain stablecoin flow.
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Austin Campbell
Austin Campbell@austincampbell·
Building on this: 1 - I agree with @mdudas you need to have your security setup audited. 2 - If you don't also have real-time anomaly detection (RAD) using both onchain and offchain data, you're probably fucked if something happens. @inca_digital is the best in the game at this, and likewise, if you are a serious project I am happy to make an intro. 3 - You should probably be using smart contracts that have stood the test of time already vs. re-inventing your own unless the changes you make are well understood from a security and utility perspective. 4 - You also need to think deeply about your offchain security. Who has access to what, how funds can be moved (if they can even unilaterally be moved by your project, better if not), what that infosec policies around devices and signing are, and more. 5 - The entire industry needs to be thinking about a coordinated security model (something my friend @RebeccaRettig1 has been on about for years, FYI) because no individual project will ultimately be able to withstand a nation-state actor indefinitely unless it is trivially simple and has almost no surface area to attack. If the crypto / DeFi space cannot learn these lessons quickly, it will die as it currently exists, and blockchain will become a tool of the large financial institutions. The ultimate revenge of "blockchain not crypto". The hour is already late.
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All Rock Music
All Rock Music@allrockmusic·
There’s live TV, and then there’s Beastie Boys tearing through “Sabotage” on Letterman in 1994 like they were trying to blow the roof off the place.
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