The funnest uncle of them all | Recruiting Lead @LayerZero_Labs | prev @Meta Interop/Acc Opinions are my own
Joined June 2024
- Tweets26
- Following127
- Followers9
- Likes4
Funcle retweeted
Why Zero?
A conversation with @citsecurities, @The_DTCC, and @ICE_Markets.
Speakers:
- Dan Doney, CTO of DTCC Digital Assets
- Marcin Sablik, Partner at Citadel Securities
- Michael Blaugrund, VP of Strategic Initiatives at Intercontinental Exchange
Funcle retweeted
We’re building Zero with the world’s foremost experts on markets, tokenization, and beyond.
Day Zero Partners
- @citsecurities, the next-generation global market maker
- @The_DTCC, the world's largest clearinghouse
- @ICE_Markets, the global leader in market infrastructure
Funcle retweeted
Congratulations to @layerzero_core for launching their new blockchain, Zero - a technical breakthrough that also uses Jolt, the open source zkVM (zero knowledge virtual machine) built by our @a16zcrypto research & engineering teams. ⚡️
Come join a world class team solving the hardest problems, come FAFO 💪
Five months ago QMDB paved the way for the unlock of 1m TPS blockchains. Today we close that loop as we are proud to unveil FAFO: over 1M TPS on a single node with EVM, Merkleizing every block, and supporting all VMs. It’s 91% more cost-effective than current sharding approaches and fully open-sourced. FAFO is just another testament to our team’s ambition and talent at LayerZero Labs!
Our team can't stop shipping 🔥
Today we are introducing OneSig, an open-source solution for executing any number of transactions across any number of blockchains with a single signature.
Security has always been one of the defining issues in crypto and on the back of the recent ByBit hack and Safe front-end exploit, we are releasing this framework so teams can minimize reliance on any third parties.
Funcle retweeted
Introducing vApps: Verifiable Applications at Internet Scale
vApp is a Rust-based development framework for applications to build on crypto rails with internet-grade performance.
When implemented with a zkVM, benchmark results show consistently high performance:
• Up to 832× fewer cycles than EVM interpreters
• 95.7% reduction in proving cycles via precompiles
• 30× throughput gain with GPU acceleration
• 346MB → 1.5MB proof compression via recursion
By @LayerZero_Core and @SuccinctLabs, the vApp framework is the optimal model for building applications that use blockchains at internet scale.
Develop like web2, with the verifiability of web3.
Funcle retweeted
I’m excited to announce that we’ve invested an additional $55M in @LayerZero_Core tokens (ZRO), with a 3-year lockup.
Our global financial system is evolving, and it's great to see the protocol enabling many new businesses and complex workflows to move onchain.
Funcle retweeted
Why is it still so hard — and expensive — to move money?
It doesn’t have to be.
Stablecoins, or cryptocurrencies pegged to stable assets like the U.S. dollar, are a way to bring the internet’s original vision to money.
More from @cdixon, on the disruptive opportunity of stablecoins: bit.ly/3G3fmBL
Funcle retweeted
We’re honored to be chosen by Wyoming as the token issuance partner for WYST, the first fiat-backed and fully-reserved stablecoin issued by a public entity in the United States.
There’s no clearer signal of where finance is heading than a U.S. state putting the dollar onchain.
Funcle retweeted
layerzero.
long term aligned.
real pmf.
70% marketshare.
75% of all crosschain stablecoin volume.
secures $200b+ worth of assets.
insane execution.
all your fav protocols use it.
hands down the best team in the space.
Funcle retweeted
TON Opens to 100+ Chains 🌐💎
$TON has integrated @LayerZero_Core to connect with 100+ blockchains, including Ethereum, Solana & Tron! This brings seamless cross-chain transfers, enhanced liquidity, & access to major crypto assets.
Partners include: @USDT0_to, @ethena, and @StargateFinance
Developers will also benefit from OFT Standard, smart contract interoperability, & FunC++!
Read the thread for more details! 🧵
Powered by lzRead 🤝
⚔️ LayerZero x ANIME
ANIME is the Culture Coin of the open anime universe, backed by
@Azuki.
lzRead powers ANIME claims, allowing @animecoin to verify Azuki NFT ownership -- without asking users to leave Ethereum.
IKZ
Funcle retweeted
Introducing Quick Merkle Database (QMDB), a high-performance verifiable database optimized for blockchains.
• 2.28M state updates per second, 1M TPS (benchmarked transfers per second).
• Benchmarked with workloads up to 15B (10x Ethereum’s 2024 state) and proven capacity to scale to 280B entries on a single server.
• Single read per state access, O(1) I/O for updates, and in-memory Merkleization on a footprint as small as 2.3 bytes per entry.
• Efficiently scales across both consumer grade and enterprise hardware.
Developed by LayerZero Labs, QMDB is MIT and apache-2 licensed and completely open-source.
