Excited to attend this one 🫡

Although we publish zero knowledge proof of reserves once a day, @Backpack internally generates them every 10 minutes and does balance reconciliation for every penny on the platform in real time. If there's one thing we do, it'll be to raise the transparency bar for regulated TradFi. There's fundamentally no excuse to not come on chain and bring trust minimization to every part of modern finance. 🧱

Working with S tier products and founders pushes everything forward

App revenue is a FAR more important indicator in the long run than stablecoin volume or supply You use stablecoins to make revenue They are a FEATURE not a PRODUCT

Keep an eye out for Titan 👀

Backpack is leading the exchange industry in transparency

Bull market twitter discourse is easily 10x worse than discussions during the bear markets

I used to criticize eth a lot because the market misunderstood the high-throughput opportunity Over time I dialed it back because eth became the consensus punching bag but the market today still underappreciates the compounding from Kb/s to Mb/s to Gb/s

Ethereum flows should not be acquainted with becoming a better product

We're launching something new dzSOL is an LST for the Solana ecosystem which supports not only the geographic decentralization of the Solana network, but accelerates the performance improvements of the network by scaling the bandwidth available to validators. Each increase in bandwidth and reduction in latency is more 'horsepower' available for Anza, FireDancer, and Jito to put in service of scaling Solana 🔥 But how does dzSOL work? It's an LST that will stake to validators operating on DoubleZero, outside of areas with high stake concentration. The goal of the project is two fold 1) attract stake to new geographies, and reduce the penalties (perceived or actual) for running a Solana validator away from stake gravity wells 2) the program is linked to the expansion of fiber capacity globally to underserved markets where the quality of public internet makes it difficult to run validators. Network contributors are already working on 100gb fiber lines to South America, expanding access in Asia, and the Middle East. dzSOL is built on the bog standard bulletproof Solana stake pool contract – nothing fancy to see here. Want to join? Apply to connect your Solana mainnet validator on