SuperteamUK member Building @PercolatorTrade

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Dark Cobra 🐻 retweeted
Solana Summit Canada, day 2.
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Dark Cobra 🐻 retweeted
CastleDAO, in their own words 🏰 Two weeks on, we’re looking back at some of the builders who called @cstldao home. Meet some of the residents ⬇️
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My Solana High Yearbook says: I am most likely to mutation-test my own percolator pun. Checks out. Solana High Forever! solanahigh.com
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Takeaway is formal verification
It's an increasingly common take that AI hacking means cybersecurity is doomed. I disagree. I think cybersecurity is naturally defense-favoring once people get their shit together. And anyone who continues to hold cryptocurrency (including me, ~90% of my net worth) is implicitly making that bet. Here's why I am making that bet. First, the oversimplified punchy one-line statement: If AI can prove Navier-Stokes and FLT, then AI can prove the statement "this program is secure" as a mathematical theorem. Even if the program is very complicated. Now, the nuance: (See also: vitalik.eth.limo/general/202… ) The word "secure" is hiding all kinds of skeletons in the closet in terms of what it actually means. What does it mean for Signal (the encrypted messenger) to be "secure"? The most basic definition you might think of is: no one who doesn't hold the recipient's secret key can read the contents of the message. But: * Did you remember to include _other_ critical forms of security? Can the adversary forge messages? Can the attacker prevent messages from reaching the recipient? Can they cause your client to crash by sending malformed messages? * Have you made sure that your model of the adversary includes attackers that interfere with the protocol actively and not just passively? And attackers that interfere by replaying messages to you or the recipient that either of you sent over the wire at any point earlier? * What if the adversary hacked (or _is_) the Signal server? * How did you learn which public key belongs to the recipient in the first place? What if that process was tampered with? * What if your device gets hacked at some point in the past or future - is your message still safe then? * What if your key leaks because of a bug in your operating system? Or because you got a bugged version of the Signal client? Or what if the database is corrupted? * Or the libraries, interpreter or compiler of the programming language you wrote it in? * What if your key leaks because tiny perturbations in perceptible signals generated by the hardware leak mathematical relationships that can extract the key a few hundredths of a bit at a time? * Are you hiding the *size* of the payload? Does that matter? * You're definitely not hiding the identity of the sender and the recipient, and the exact time each message was sent (think: not just time-of-day, but also time deltas between one message and the next). Is that not enough to deduce a lot of important facts about what relationships you have, and what *kinds* of conversations you are having? So ... even definitions can be over a thousand lines of code, and need deep careful thought to figure them out. Working on making definitions more human-readable is of extreme importance - it's perhaps the only "high-level language" that matters right now. But even still, even despite all of the above, for security-critical components, the definition is a much smaller attack surface than the implementation. Verifying that the definition is adequate is a much more tractable task than scanning over the code directly - and can become even more tractable with better tooling. Definitions are also _additive_: if two groups have two different definitions A and B, then, well, you can just prove that the program satisfies both A and B. Code is not additive in this way: if a program is A + B, a bug in A _or_ B can sink the whole thing. Definitions are additive. And if you can't satisfy A and B at the same time, you've isolated the most important philosophical issue for your project to spend its next few weeks grappling with. Sometimes, definitions are not much smaller than the implementation - UI components might be one example. But for many of the most critical components - message-passing protocols, sandboxes, cryptography like SNARKs and FHE - the asymmetry is real. Historically, a large class of failures with this approach have come from people only verifying a small portion of their code, that they self-declared to be the security-critical portion, and ignoring the rest - and it turns out that something in the rest of the code is security-critical too. This was reasonable back when verification was difficult and scarce. The solution today: sorry, you have to verify over literally your entire program, including database, networking, any caching layers, everything. Modern AI can do it. So it's not about "the good guys find all the vulnerabilities before the bad guys do" - that could maybe work too, after all a finite program only has a finite number of vulns, but it's riskier - it's specifically an asymmetric strategy of making code that is much more resilient in the first place. This is the kind of direction that Ethereum is going in for the next few years. There is no future for blockchains - especially blockchains with scalability and privacy - without doing this. We need to make software actually secure. And we have already made a lot of progress.
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Dark Cobra 🐻 retweeted
It's an increasingly common take that AI hacking means cybersecurity is doomed. I disagree. I think cybersecurity is naturally defense-favoring once people get their shit together. And anyone who continues to hold cryptocurrency (including me, ~90% of my net worth) is implicitly making that bet. Here's why I am making that bet. First, the oversimplified punchy one-line statement: If AI can prove Navier-Stokes and FLT, then AI can prove the statement "this program is secure" as a mathematical theorem. Even if the program is very complicated. Now, the nuance: (See also: vitalik.eth.limo/general/202… ) The word "secure" is hiding all kinds of skeletons in the closet in terms of what it actually means. What does it mean for Signal (the encrypted messenger) to be "secure"? The most basic definition you might think of is: no one who doesn't hold the recipient's secret key can read the contents of the message. But: * Did you remember to include _other_ critical forms of security? Can the adversary forge messages? Can the attacker prevent messages from reaching the recipient? Can they cause your client to crash by sending malformed messages? * Have you made sure that your model of the adversary includes attackers that interfere with the protocol actively and not just passively? And attackers that interfere by replaying messages to you or the recipient that either of you sent over the wire at any point earlier? * What if the adversary hacked (or _is_) the Signal server? * How did you learn which public key belongs to the recipient in the first place? What if that process was tampered with? * What if your device gets hacked at some point in the past or future - is your message still safe then? * What if your key leaks because of a bug in your operating system? Or because you got a bugged version of the Signal client? Or what if the database is corrupted? * Or the libraries, interpreter or compiler of the programming language you wrote it in? * What if your key leaks because tiny perturbations in perceptible signals generated by the hardware leak mathematical relationships that can extract the key a few hundredths of a bit at a time? * Are you hiding the *size* of the payload? Does that matter? * You're definitely not hiding the identity of the sender and the recipient, and the exact time each message was sent (think: not just time-of-day, but also time deltas between one message and the next). Is that not enough to deduce a lot of important facts about what relationships you have, and what *kinds* of conversations you are having? So ... even definitions can be over a thousand lines of code, and need deep careful thought to figure them out. Working on making definitions more human-readable is of extreme importance - it's perhaps the only "high-level language" that matters right now. But even still, even despite all of the above, for security-critical components, the definition is a much smaller attack surface than the implementation. Verifying that the definition is adequate is a much more tractable task than scanning over the code directly - and can become even more tractable with better tooling. Definitions are also _additive_: if two groups have two different definitions A and B, then, well, you can just prove that the program satisfies both A and B. Code is not additive in this way: if a program is A + B, a bug in A _or_ B can sink the whole thing. Definitions are additive. And if you can't satisfy A and B at the same time, you've isolated the most important philosophical issue for your project to spend its next few weeks grappling with. Sometimes, definitions are not much smaller than the implementation - UI components might be one example. But for many of the most critical components - message-passing protocols, sandboxes, cryptography like SNARKs and FHE - the asymmetry is real. Historically, a large class of failures with this approach have come from people only verifying a small portion of their code, that they self-declared to be the security-critical portion, and ignoring the rest - and it turns out that something in the rest of the code is security-critical too. This was reasonable back when verification was difficult and scarce. The solution today: sorry, you have to verify over literally your entire program, including database, networking, any caching layers, everything. Modern AI can do it. So it's not about "the good guys find all the vulnerabilities before the bad guys do" - that could maybe work too, after all a finite program only has a finite number of vulns, but it's riskier - it's specifically an asymmetric strategy of making code that is much more resilient in the first place. This is the kind of direction that Ethereum is going in for the next few years. There is no future for blockchains - especially blockchains with scalability and privacy - without doing this. We need to make software actually secure. And we have already made a lot of progress.
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Dark Cobra 🐻 retweeted
Tomorrow, @SteveCleanBrook will host @PercolatorTrade on Pirates Parley to discuss caffeine addiction, perps on Solana, what it is like to take over a project from the legend @toly himself, and whatever you bring to the table in the chat!
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Dark Cobra 🐻 retweeted
rip cars > launched today > sold out of all of its packs in the first 2 hours > ~$10M revenue run rate if you annualize today's volume (I know) > built by one of the best founders in the metadao ecosystem > trading at $1M market cap
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Dark Cobra 🐻 retweeted
Home sweet home! A huge thank you to @superteamIE for hosting such an outstanding event with @cstldao After eight months of working together remotely, I finally got to meet my co founder @dcc_crypto in person. Side by side, we made an incredible amount of progress on @PercolatorTrade fully rebuilding and refining our pitch deck not once, but twice and presented it live on stream to thousands of people through @SolanaEvents We connected with exceptional builders from around the world, shared plenty of laughs, and still found time for well earned fun after long days of work. It was an incredible experience, and I’m deeply grateful to have been part of it. Next stop: Solana Summit Canada with @SuperteamCAN make sure to come check it out if you can ! Last but not least: join the waitlist. Over 8,500 people have already signed up. percolator.trade
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percolating as usual everyone on the waitlist gets a percolator* join the waitlist → percolator.trade *GPT-6 said I need to clarify that you do not, in fact, get a percolator.
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Dark Cobra 🐻 retweeted
Replying to @frankdegods
solana is the best blockchain to ever exist
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Dark Cobra 🐻 retweeted
Solana has the strongest founder ecosystem in crypto Time to prove it in a bigger @colosseum arena
1/ Announcing Crypto World’s Fair, our next startup competition open to all builders across blockchain ecosystems! 🎡 Registration for the online hackathon is open, and runs Sept 14 to Oct 12. Millions in prizes & VC funding will be awarded to winners: colosseum.com/worldsfair
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Decentralize everything. Occupy the castle. Thanks @superteamIE for putting this together 🏰
Made with AI
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Dark Cobra 🐻 retweeted
Percolating… 🏰☕️
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Dark Cobra 🐻 retweeted
I’ve been talking with a lot of founders about tokens and my takeaway is that we learned the wrong lessons over the past decade and need to re-learn a lot: > minting new tokens is not a bad thing when done right. having a startup with a fixed token supply is retarded > if you’re a startup that’s growing, doing buybacks is retarded. reinvesting the money you make is better > launching a token early solves a surprisingly large number of problems. a lot of the bad rep associated with tokens is downstream of launching a token too late > not every business will benefit from having a token but the few that do shouldn’t use it as a ‘growth tactic’ but as a ‘find PMF faster’ tactic > giving tokens away for free (airdrops) is giving people ownership without skin in the game. this creates the wrong incentive and is retarded
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Dark Cobra 🐻 retweeted
nitter.net/PercolatorTrade/status… Really appreciate this, Percolator fam 💜 Just happy to contrbute, help where I can, and be part of building something I genuinely believe in, so this one really means a lot Huge thanks to the @PercolatorTrade team (Dark, Squid) and @solanamobile for the love Still here, still building ☕️
Congratulations to our third winner to receive a brand new @solanamobile Seeker phone! @MustajirPL has gone above and beyond for the community and the team. As an open source contributor, he has been a huge help with internal auditing and making detailed issue reports, he is always active in our discord answering questions and explaining to people what Percolator Trade is and what it brings to the ecosystem. There are still two Seeker phones left to be given away, courtesy of Solana Mobile . Next month is your chance to stand out. Percolator.trade
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Dark Cobra 🐻 retweeted
We are here @cstldao . 🏰☕️ 🇮🇪🇨🇦🇬🇧
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Dark Cobra 🐻 retweeted
As you read this tweet Solana's handling around 2,124 transactions per second More than Ethereum, Robinhood, Base, BNB, Tron, Arbitrum and Hyperliquid - combined That's motion
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Dark Cobra 🐻 retweeted
sitting at a random bar in Europe they dont know that solana disinflation just passed after almost 2 years of debate
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Dark Cobra 🐻 retweeted
Colosseum is among us once again Time to Build for Breakpoint soon
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