vitorpy

I'm absolutely thrilled that Darklake and its proof tech will find a new home with @solstrategies. We keep building. Solana.

@lex_node damn, i thought you would be a graphene-on-pixel kind of guy.

yeah so I bought an iphone after being shamed for like a decade of android use quite honestly I cannot understand how people use this phone, just insanely awful. there is no back button and so many missing features. I have not even been able to create an apple account because the region I'm in is different from the region of my phone number. and the phone is pretty much bricked without an apple account. insane.

The age of the technical founder has begun

@YieldMaxing No better place.

Warsawmaxxing.

@ch4r10t33r @nitanshu Well, if Neymar really retires, I might consider supporting them again.

@vitorpy @nitanshu Lol. Why? Too frustrated with Brazil's performance in the WC?

@vitorpy I'll be cheering for India during this game! 😅

@nitanshu @ch4r10t33r Bro, I'll be cheering for India!

@ch4r10t33r @vitorpy i'll do the same @vitorpy

One of the hardest things I’ve had to grasp about money is that an entity can have ample liquidity and still be unable to settle its next obligation The hierarchy of money explains the vertical dimension. It shows that fiat money is an interconnected web of liabilities, and it clarifies the counterparty risk we take on with each layer of liquidity: central-bank reserves, commercial-bank deposits, stablecoins. It maps the different tiers of "money" What it does not fully capture is the fragmentation that exists within those same tiers. It tells us nothing about where a particular asset actually sits, or whether it can be applied to the specific settlement sitting in front of us, even when that asset belongs to the same tier of money we need Case in point: a bank can hold reserves in its RTGS account that are unavailable for an operation settling inside an FMI structure. It can own eligible collateral yet be unable to move it from the custodian and place it under the counterparty’s control in time to rebalance margin. It can hold dollars, but in the wrong correspondent bank or after the cut-off You then realise payments are not settled by aggregate liquidity. They are settled by eligible cash, sitting in a specific account This has a direct consequence for the balance sheet. The operational buffer is sized against the cumulative net outflow that can arise while the treasury desk is still mobilising fresh liquidity, including under stress. The longer and more uncertain that interval, the more cash and collateral must be prepositioned Just a quick caveat here: operational friction is only part of the story. It’s easy to oversimplify, but these buffers are heavily driven by macroprudential and structural mandates, strict cross-border capital controls and legal entity ring-fencing that physically trap liquidity The financial system uses tools such as netting, intraday credit, committed lines, repo and FX swaps to shrink that requirement, yet none of them eliminate it. All of them still depend on credit limits, haircuts, operating hours, market capacity and on the assets being available the moment they are needed This is the thinking behind Creating More Liquidity in Markets, our latest report at Tempo (Link in the first comment) I tend to obsess over balance sheets, but liquidity mobility is not simply about moving a token "faster". It is about shortening the distance between owning cash or collateral and being able to apply it to an obligation, without having to invent a new instrument, a new integration and a new liquidity pool for every market One of the clearest lessons from the various DLT solutions of recent years is that a shared settlement layer, paired with private execution environments, can solve the confidentiality problem without also forcing the isolation of the liquidity that backs each trade But mind you, faster settlement does not automatically reduce funding needs. Immediate gross settlement can actually increase them if netting is lost, and interoperability may simply shift the timing mismatch onto an issuer, a dealer or a liquidity facility. That is why the trade-offs matter What we need to examine is whether the architecture lowers the consolidated peak of cash and collateral required to keep settling, after taking account of netting, intraday credit, haircuts, legal eligibility and exit conditions under stress If the ability to live on the same ledger and move beyond double-entry accounting delivers that reduction, we are talking about balance-sheet capacity being released I would add that we still do not know the true economic impact, because the operating standards, risk management and balance-sheet practices of every participant on that network would change as well What I do know is that at Tempo, we're going to find out

@olorosia @exoaursen No, all programming is retarded.

@exoaursen Is there a smart contract programming model that isnt retarded?

Another Solana program rekt. Another six-figure audit. Still no one willing to say the quiet part: this programming model is fucking retarded

Warsaw is probably the biggest boomtown in Europe right now 🇵🇱 and stories like this keep reconfirming my thesis > Viktor raised $75M at $450M valuation > hit $25M ARR in just 16 weeks (fully self serve) > poaching top talent from Silicon Valley > massive reverse brain drain of Poles abroad returning back to Poland if you'd shown me this version of Poland 20 years ago, I never would've believed you future of Europe imo

This is the massive crater left by the Russian missile that violated Polish airspace earlier today:

A few people have asked about the Anthropic Hawk and AES cryptanalysis results. The top-level answer is: It’s very impressive. Three immediate comments on the actual results, old-school thread below.

Can we do that, fam?

@usgraphics latex2html Is All You Need.

And the UI of these apps would also look like this:

@MacroMate8 Yeah, same, but I promised myself I'll stop moving countries every few years hehe

i miss london incredibly much best place on earth

@Ve_Zentrix @visegrad24 I'm not talking about colonial past, I'm talking about the rule of law and independent courts.

@vitorpy @visegrad24 Tell people in West Africa that France is a civilised country, and many will disagree because they believe France has bullied and exploited the region. On the other hand, if you're from the Baltics, hating Russia is understandable given the historical and geopolitical context.

Russia has declared Telegram founder Pavel Durov wanted internationally on charges of assisting terrorist activity. The reason was the refusal of Telegram’s administration to delete a number of channels, chats, and bots at the request of the FSB. Russian special services published a video in which they presented as evidence screenshots of conversations allegedly discussing sabotage activities on Russian territory. Users immediately noticed that the interface in the screenshots, supposedly from Telegram, is identical to the FSB-controlled social network VK, but not Telegram. The official Telegram account responded to these false accusations by the Kremlin’s special services by publishing a photo of Pavel Durov making a characteristic gesture.

@Ve_Zentrix @visegrad24 No hypocrisy, those aren't equivalent: France is a civilized nation and Russia is an authoritarian shithole.

@visegrad24 France arrested him last year for the same reason, and you guys were going wild in the comments, calling Telegram a "legal dark web app." Now that Russia has arrested him, Durov is suddenly a hero. Hypocrites.

🇫🇮🇫🇮🇫🇮

@alessandrod it's only solana if it comes from southern italy, otherwise it's just generic phonechain.

@vitorpy I will personally enforce this rule btw

according to the european digital market and blockspace act, 30% of it should be allocated to european blockchains or solana might face antimonopoly penalties

@the_sharmini LETS

@vitorpy lets put you on a peps protocol 👀

before me after me

@takisoul @islanddao Man, I'll definitely go - hop to Floripa to see friends, hop to Rio to see my family and then back to Europe!

@vitorpy @islanddao 19 October- 12 November. Applications opening soon.

tag the person/team you’d want to see at @islanddao Brazil this October!