Future-proof electronic cash. discord.com/invite/ore1
Joined January 2024
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ORE V4 rollout begins today.
V4 is designed to ship differently.
One thing V3 made clear: public, in-progress product development is hard to follow. Throwing out cherished ideas and considering new ones is part of the process, and that uncertainty can be uncomfortable to watch in real time.
So V4 was built more quietly. And rather than a single large upgrade, it will roll out gradually, with room for community feedback on each new feature.
Beginning today with the first ship: a redesigned miner deploy form.
The new deploy flow:
- Input the total SOL to be deployed into the mines.
- Select tiles per round and number of rounds.
- SOL per round is calculated automatically before deploy.
The new form is also substantially more mobile-friendly than before.
A few distinctions from the legacy form:
The primary number now represents total SOL being deployed into the mines. Increasing the number of rounds spreads that SOL across more rounds, automatically reducing the amount deployed per round.
For miners who prefer per-tile input, the legacy version remains available in settings, along with some newly added UI toggles.
Starting out small with some simple frontend changes for now.
Much more to come.
ORE V4.
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ORE retweeted
Jun 13
Colosseum cofounder, early Solana Labs, one of ORE's earliest believers.
"The most important market in the 21st century is non-sovereign money."- @mattytay
Privacy, real autonomy over your own economic life, the original cypherpunk vision that predates all the hype. Funny how many of those people quietly ended up around @ORE .
@HardhatChad is basically running Satoshi's playbook on the fastest chain in crypto. Same principles, new path to adoption. That 2013 Bitcoin energy, just on the @solana network.
Sitting down with the man himself for a deep conversation on privacy, Colosseum, Solana, ORE, and cypherpunk energy. Lost Tape 02. feat Matty Tay
Now mastering.📼
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ORE retweeted
Jun 13
I started my weekend by practicing what I’m preaching
Now is the best time to dig some $ORE
Best DCA in crypto right now 15,000 rounds activated
Some panic while double down on this conviction when the discount is too sweet to forget
@ORE this new interface is very unique and user friendly
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ORE retweeted
Jun 12
Every form of money is flawed.
ORE is an endeavor to fix the flaws.
Every last one.
Future proof.
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"The ORE miner is relentless."
Jun 11
The ORE miner is relentless. Just watch how well they have been refining. Month after month. Regardless of market conditions.
When miners take over, price action will mesmerize many. It is preordained.
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ORE retweeted
Jun 11
He's building $ORE for the real community for every small miner and for everyone.
That's why he's a Chad.
Just Mine @ORE ⛏️
Jun 11
I should probably chime in here…
Through all its various iterations, people have tried to game and manipulate ORE incentives more than maybe any other protocol on Solana. Through this, we got pretty good at running the game theory for these kinds of structures.
The reason ORE does not have any reward structures for “top X” miners is not because we have never thought of it; it’s because it’s trivial to sybil attack these kinds of incentives. As soon as you’re in the top X, miners are incentivized to make a new wallet, get that one in, and now they have 2/X chance of winning by blocking out other users.
If you accept that Sybil attacks are “just part of the game”, then that’s fine. The ORE community decided to avoid structures that incentivize Sybil attacks given the average user is not able to compete in that game.
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ORE retweeted
Jun 10
We built @ore on @solana because we believe it's the most practical approach to realizing satoshi's original vision for crypto.
Scale self-custody
Scale onchain finance
Scale non-fiat money
Scale privacy
Scale freedom
Jun 10
"Solana scaling self custody more than any other chain that I'm aware of" - @HardhatChad
Bars. 🎤
The Lost Tapes 01: Deep Cuts From the Mine.
Built on @solana
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Privacy is a core promise of crypto.
Without financial privacy, true liberty is impossible.
stORE is Solana's yield-bearing privacy token.
~$612k privacy-enabled stORE on @theprivacycash
~16% APY generated through ORE token buybacks
Private. Future-proof electronic cash.
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Just 10 days into June and ORE buybacks have already crossed $1M
Inside the mines:
- 161K SOL ($11.4M) deployed to the grid this month
- 10% of all SOL mining rewards directed to automatic ORE buybacks
- 90% of purchased ORE buried
- 10% distributed to ORE stakers
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ORE retweeted
Jun 10
What could he mean by this?
Jun 10
if ZEC becomes successful at being an alternate store of value to BTC, that means anyone can, which means the best SoV is probably on a performant chain
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ORE retweeted
Jun 10
Grid mining gets attention because it's the newest, and arguably most open distribution mechanism in crypto.
But distribution is only one part of the equation.
Keep your eyes on V4.
Keep your eyes on future-proof electronic cash.
Privacy is a core promise of crypto.
Without financial privacy, true liberty is impossible.
stORE is Solana's yield-bearing privacy token.
~$612k privacy-enabled stORE on @theprivacycash
~16% APY generated through ORE token buybacks
Private. Future-proof electronic cash.
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