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syzygyhack | 1 year ago

I laughed a little at calling Firedancer contributors "a team at a HFT firm".

Not that you are technically wrong, not at all, that's where Jump came from. It's just that this is all completely blockchain-driven optimization, but the b-word is so dirty now that we've gotta go back to using TradFi for the rep.

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SEJeff|1 year ago

It’s an optimization in hashing algorithms that is around twice as fast as the ones Amazon is posting in thus article for the same eliptic curves.

If the Amazon improvements are hacker news worthy (they are) this seems reasonable contextually.

Also, I worked for Jump for almost 12 years :)

webXL|1 year ago

What makes the “b-word” dirty?

SEJeff|1 year ago

I didn’t use it because I didn’t find it relevant. They’re using hashing and EC algorithms and they’re improving them.

jandrese|1 year ago

It's hard to separate from the sea of grifters, con men, cranks, and scammers that infest the domain. Just using the word is a yellow flag that you might be some kind of whacko, even if all you really want to talk about is the math.

People have to forever be on guard that you might at any point pivot to all taxation is theft or how you have formed your own micro nation that consists entirely of yourself and thus have diplomatic immunity from all prosecution. Because it happens. Or maybe you have a once in a lifetime deal to buy this receipt like object for some hideous art that is guaranteed to appreciate in value millions of percent. It's just the crowd that has aggregated around crypto currencies includes a lot of untrustworthy people.

ShroudedNight|1 year ago

The trough of disillusionment carved out by grifters burning the peat of enthusiasm unsustainably.