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Signals and Threads

Signals and Threads

By: Jane Street
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Listen in on Jane Street’s Ron Minsky as he has conversations with engineers who are working on everything from clock synchronization to reliable multicast, build systems to reconfigurable hardware. Get a peek at how Jane Street approaches problems, and how those ideas relate to tech more broadly. You can find transcripts along with related links on our website at signalsandthreads.com.Jane Street Career Success Economics Personal Finance
Episodes
  • Building a data warehouse from scratch with Jacob Baskin
    Jun 24 2026

    In university Jacob Baskin studied at the intersection of computer science and economics, thinking about systems that incentivize people to express their true preferences. He put those ideas into practice at Google, where he worked on ad serving, before joining Jane Street’s database infrastructure team. In this episode, Ron and Jacob discuss Superstore, a distributed columnar database now central to Jane Street’s tech stack that Jacob began building practically the day he started. How do you support wide-ranging analytical queries while transactional writes stream in at the speed of trading systems? And what’s it like when your first design doc leads to an eight-figure hardware purchase? After building Superstore Jacob has since gone back to his roots, thinking about schemes for bidding on compute time as he works to optimize usage of the Hive, Jane Street’s massive compute cluster for research.

    You can find the transcript for this episode on our website.

    Some links to topics that came up in the discussion:

    • Mechanism design, second-price auction
    • MapReduce, BigTable, Google File System
    • Vertica
    • Apache Parquet
    • CockroachDB
    • Paxos
    • BitTorrent
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    1 hr and 34 mins
  • The Network as a Program with Nate Foster
    Jun 1 2026

    Nate Foster is a professor at EPFL in Switzerland in the Networked Systems Abstractions Lab, and a visiting researcher at Jane Street on the Networking team. In this episode, he and Ron consider what happens when you bring a software mindset to network engineering. Can you use programming language theory and formal methods to realize the dream of software-defined networks? Along the way, they discuss how hyperscalers have shaped networking hardware; the return (or not) of multicast; the ways ML workloads are reshaping the networking layer; and the success Jane Street has had using an early Internet protocol, BGP, together with a more declarative high-level specification language.

    You can find the transcript for this episode on our website.

    Some links to topics that came up in the discussion:

    • P4 (Programming language
    • Lenses (bidirectional transformation)
    • OpenFlow
    • Kleene algebra with tests
    • NetKAT
    • End-to-end principle
    • Border Gateway Protocol
    • “Stable Internet routing without Global Coordination,” aka the Gao-Rexford conditions
    • Unison file synchronizer
    • Barefoot Networks
    Show More Show Less
    1 hr and 35 mins
  • Why Testing is Hard and How to Fix it with Will Wilson
    Mar 17 2026

    Will Wilson is the founder and CEO of Antithesis, which is trying to change how people test software. The idea is that you run your application inside a special hypervisor environment that intelligently (and deterministically) explores the program’s state space, allowing you to pinpoint and replay the events leading to crashes, bugs, and violations of invariants. In this episode, he and Ron take a broad view of testing, considering not just “the unreasonable effectiveness of example-based tests” but also property-based testing, fuzzing, chaos testing, type systems, and formal methods. How do you blend these techniques to find the subtle, show-stopper bugs that will otherwise wake you up at 3am? As Will has discovered, making testing less painful is actually a tour of some of computer science’s most vexing and interesting problems.

    You can find the transcript for this episode on our website.

    Some links to topics that came up in the discussion:

    • Antithesis, Will’s company
    • FoundationDB’s deterministic simulation framework
    • QuickCheck — the original Haskell property-based testing library, by Koen Claessen and John Hughes
    • Hypothesis — property-based testing for Python, created by David MacIver
    • QuviQ — John Hughes’ company commercializing QuickCheck, including automotive testing work
    • Netflix Chaos Monkey
    • Goodhart’s law — “When a measure becomes a target, it ceases to be a good measure”
    • CAP theorem — the impossibility result for distributed systems that FoundationDB claims to have in some sense violated.
    • Paxos — the consensus algorithm FoundationDB reimplemented from scratch
    • Large cardinals, an area Will studied before abandoning mathematics
    • Lyapunov exponent — measure of chaotic divergence
    • Chesterton’s fence
    • The Story of the Flash Fill Feature in Excel
    • Building a C compiler with a team of parallel Claudes
    • Barak Richman, “How Community Institutions Create Economic Advantage: Jewish Diamond Merchants in New York”
    Show More Show Less
    1 hr and 48 mins
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