Krishna (@kichsr) header
Krishna (@kichsr) profile picture

ex RuneScape market maker // building in AI security // built @quantstamp // angel @privy_io, @USDai_official, @gemxyz, @alliancedao, 20+ others

NYC
Joined October 2017
Photo by Krishna (@kichsr)Photo by Krishna (@kichsr)Photo by Krishna (@kichsr)Photo by Krishna (@kichsr)Photo by Krishna (@kichsr)Photo by Krishna (@kichsr)Photo by Krishna (@kichsr)Photo by Krishna (@kichsr)
“markets contain multiple equilibria” is the most timeless insight in finance yet thinkbois insist their strategy is the one true strategy, to shill their book or cope soros wrote the alchemy of finance in 1987, yet his philosophy remains contrarian nearly 40 years later
Duquesne and PointState alumnus on the biggest lesson he learned: "The biggest lesson I have learned is there are a million ways to make money in the market. Our careers are going to be 40 or 50-year periods. Munger once said, 'you only need to get rich once.' Just pick a thing – it could be a style of investing, it could be a market, it could be a sector, it could be anything. And just more or less devote your life to it. And I will promise you that in that 50-year career, there's going to be multiple moments where the market and the thing you have become an expert in align." Beeneet Kothari, Founder, Tekne Capital Management To learn the story of the Soros / Duquesne coaching tree: newsletter.richardtoad.com/t…
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1️⃣ Goal ⚽️ 3️⃣ Bonus Points 🌟 🔟 Points 📈 A second #FPL double-digit haul for Julio Enciso, ahead of Ipswich facing Hull in Gameweek 9 👀
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Please listen to Dan Boneh (top 5 cryptographer alive today) who is known to be measured and judicious in his comments describe the probability that Bitcoin is able to transition to a post-quantum world. Lots of opinions out there - be careful who you listen to.
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Krishna retweeted
the next set of startups that will grow rapidly, with margin despite not being “tech companies” are cyber incident response companies
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At extreme debt levels, higher yields stop compensating for risk and start compounding it The real sovereign bond risk is in getting repaid in weaker money Ironically, CHF and SGD, which are the fiscally strongest currencies come with low bond yields
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The great rebalancing must accelerate Rate hikes only matter if you’re holding duration you ain’t getting paid for Short duration assets with strong current FCF + FCF growth keep compounding Value vs. growth = false dichotomy. Cash flows + scarce assets get us through
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Be unparallelizable
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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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Krishna retweeted
“wow this openai math professor drama looks really bad" “have you read it?” “no. have you?” “no. do you know what navier stokes is?” "no. do you?" "no."
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There is no longer an Internet that we know There is only the Internet that you know
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Krishna retweeted
New essay : Non consensus and right Why we believe the next era of crypto venture will be defined by slow, patient capital. Read here: decentralised.co/p/non-conse…
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Krishna retweeted
If you are on the verge of AGI or ASI, why isn’t your model smart enough to recognize espionage distillation in real time? You say “cure cancer in a few years.” Isn’t sniffing illicit distillation quite a bit easier than curing cancer? Why write letters to DC? Just use AGI.
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opinions currently: - use the out of the box harnesses no mods (amp / codex xhigh + /goalmaxxing) - harness in the sandbox, not the opposite - minimal agents file - skills only for deep verticals/step-by-step workflows
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Krishna retweeted
The Strait of Hormuz is open M-F 9:30-4pm ET.
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“The secret to doing great work is always to be a little underemployed. You waste years by not being able to waste hours.” This Amos Tversky quote is 1000x more true today. As technology accelerates, reserving time and energy for indulging your curiosity is ever more important. Really feeling that these days.
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Excellent analogy: Post-Mythos, LLMs have fully surpassed human hackers. Proving something is safe means spending more tokens than attackers will. That's the PoW security model to a tee. Cryptoeconomics now applies to all software. Recommended reading👇 dbreunig.com/2026/04/14/cybe…
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