Twitxy Saved

Austin Barack

Verified account This account is verified. Learn more

@AustinBarack

CIO @RockawayX Liquid. Fundamentals driven, directional long/short fund. Previously Founder & Managing Partner @RelayerCapital, Partner @CoinFund. nfa/dyor
Onchain Joined February 2017
4.9K Following 26K Followers 10K Posts

Latest posts 5

Austin Barack Verified account @AustinBarack
Blockchains are the perfect rails for AI. Love seeing more teams leaning into crypto's strengths and where it can intersect with other technologies to drive real synergies
Shuyao Kong Verified account @hotpot_dao 2d
Alright, chat, time to address sensitive questions before y’all start guessing

1⃣Wait , are you guys an AI company now?

No. MEGA is a crypto-native company, and proudly so. Inference is the market we are entering, but the way we win it is through crypto technology and ideology.

There’s an artificial wall in crypto people’s minds about AI. It seems that if you are solving AI’s problem, you are betraying crypto. We reject that artificial boundary.

Inference is going to be the largest market in the world, and we believe crypto’s core tools are the best answer to AI’s biggest ones: fairness and access.

2⃣Okay, fine, explain to me why a crypto infra company is capable of solving AI Inference

Building MegaETH taught us something bigger than blockchains: across the largest markets, there are prevailing assumptions that lead end users to pay more than they should. Blockspace was one of those markets.

We are system researchers/engineers from Stanford Platform Lab, MIT CSAIL, and Harvard SEAS. We enjoy pushing markets toward their end state, and did it once with blockspace by breaking the norm and running a powerful centralized sequencer. Today, no one, literally no one, mentions decentralized sequencers anymore.

We were able to come in, measure where the waste was, find that the limit was a design choice, and engineer past it (very much against the “consensus”).

Over the summer, when we shipped Mega, the chain, we lifted our eyes and looked for the next ambitious problem set worth solving. We discovered, delightfully, that blockchain and cryptography can be applied to solve inefficiency in the rapidly growing inference market

We realized that staying a chain-only company felt wrong and would have meant ignoring the biggest opportunity in front of us.

Therefore, we decided to expand our mission and restructure to match it.

3⃣ Final question, what’s launching in December?

We are launching a globally competitive inference market to the public in Dec 2026.
View quoted post on X
6 replies 1 reposts 28 likes 1.9K views View on X
Austin Barack Verified account @AustinBarack
Very cool to see MEGA building in this direction. The intersection of crypto and AI is still being mapped out and in my view blockchains will be a key enabler for the buildout of compute markets
MEGA Verified account @mega_holdings 2d
Our vision for the future of AI inference: Purified Intelligence.

Read the whitepaper: mega.holdings/whitepaper
View quoted post on X
4 replies 3 reposts 33 likes 2.1K views View on X