Firewall is building safe blockspace. Backed by North Island, Breyer Capital, and Hack VC.
The Infinite Garden
Joined June 2023
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Firewall retweeted
The story of Bunni is a great example of how DeFi market structure kills innovation, and rewards losers. Hoping you see my write-up on this @boredGenius @0x_marty @0xSzeth and @Psaul26ix.
I read their candid and raw post-mortem and I was inspired to put this piece together.
Often I talk about how we fail users by enabling theft, but this is a prime story of how we also fail those who bother to innovate, in this case the Bunni team.
Additionally, the path to PMF is corrupted. Web2 is more permissionless to build in.
I don't raise it as an ideological issue, but instead one that causes the downstream effects we all lose from, i.e. useless tokens, predatory teams, or a lack of utility.
Using our testnet I include a demo of how Charmander, our A.I. model within our EVM and execution client stops the Bunni exploit at run-time, as it objectively classifies the transaction as theft with math, and theft is an invalid action on safe blockspace.
Firewall retweeted
The reality is Code is Law in DeFi. Whether you like it, or not. The question is irrelevant.
An attacker is going to rob every last user asset from a smart contract, if the smart contract lets them. No judge or court can stop that from happening.
Since Code is Law, the Code must need to be magnitudes better. With safe blockspace we believe "Code" means the system design, the chain itself.
Here are the facts:
- it is social consensus that exploits are theft, and theft is not "accepted" behavior
- yet chains are designed to accept theft today
- for a decade this industry has tried to prevent exploits at the app-layer and has completely failed
- failed to even stop the most fundamental exploit pattern of re-entrancy
- the system must evolve, to stop the billions in user assets stolen per year
@lessig , father of "Code is Law" correctly saw code as architecture that shapes how people interact with technology and the digital world, much like traditional laws regulate behavior in the physical world.
That we have responsibility for what we program, how we design these systems. Design them to exploit users and they will. They have. Are we ok with that? I am not. The system today is completely broken.
Safe blockspace is the implementation of a better designed system for DeFi and smart contracts.
Program the values we hold into the system, such as theft is an invalid action, while still retaining user rights. This is the real cypherpunk way. This is the future. Read any of my recent articles to understand how we accomplished this.
for those wondering what I'm referencing towards, it's from the recent docu described here:
- xitter.cf/DeFi_Dad/status/198072…
- xitter.cf/laurashin/status/19818…
- xitter.cf/PatrickAlphaC/status/1…
- xitter.cf/functi0nZer0/status/19…
this spiel is not directed at @PatrickAlphaC or any of the posts I've tagged, much respect! I'm just glad to see the convo on this critical subject thanks to this great film.
h/t @jamescraig1111 @CodeIsLawFilm , and all involved. My full thoughts in my article below.
Firewall retweeted
"A perfect spotlight on the absurd nature and tensions created by building a decentralized financial system...
You can feel the passion, intensity, and terror these events have on people’s lives."
-@iamoptmstc on @CodeIsLawFilm
Firewall retweeted
safe blockspace disrupts the Lindy Effect of exploits
Why are re-entrancy exploits Lindy? The answer helped us eliminate malicious re-entrancy from the EVM.
Safe Blockspace is a proof system for the app layer that disrupts the Lindy Effect.
Here's a $27M Penpie live exploit on Base and Firewall as a showcase:
Firewall retweeted
Why are re-entrancy exploits Lindy? The answer helped us eliminate malicious re-entrancy from the EVM.
Safe Blockspace is a proof system for the app layer that disrupts the Lindy Effect.
Here's a $27M Penpie live exploit on Base and Firewall as a showcase:
Firewall retweeted
Charmander, I choose you [to protect my $$]. Yes, the EVM now has a brain, and it is core to safe blockspace.
I demo’d this live with the $56M Kyber exploit.
Here's some of the how, strengths, and trade-offs we’ve designed around
Firewall retweeted
proof of tech begins... witness the magic yourself
some respite from the brutal price action, Proof of Tech begins... and yes it includes ***.testnet.usefirewall.com
in this write-up is a live demonstration of magic via @UseFirewall safe blockspace, what to expect from our testnet, and the magic link
Firewall retweeted
📢 Chains continue to focus on speed in the name of "user experience". Aren't you glad your $$ got stolen in 500ms instead of 2 seconds?
Users deserve better. This is why we Speed x Security. They deserve Safe Blockspace ✨
Enter Week 10 of our Ignition Sparks Campaign below: gleam.io/rrND3/ignition-camp…
Firewall retweeted
📢 Holding assets on blockchains today is like getting into a race car with no brakes.
Safe Blockspace fixes this.
Enter Week 9 of our Ignition Sparks Campaign below: gleam.io/Xd97F/ignition-camp…
Firewall retweeted
📢 Sparks Leaderboard now reflects Referral Bonus for Week 3
🏆 Top 5 were rewarded 10,000 Sparks per Referral:
- 158 by @0xMoei 🥇
- 13 by @EdidiongMM
- 11 by @farhanTG786
- 10 by @EmmanuelSSCB
- 8 by @mztaCee
If you contribute value to Firewall, Sparks will fly!
Firewall retweeted
EVM is being uniquely improved via Firewall, made safe.
Safer than the MoveVM.
Implemented dynamic analysis with AI at runtime. Most attack vectors heavily mitigated, and some fully eliminated (e.g. re-entrancy attacks, while still enabling benevolent reentrancy)
Firewall retweeted
Due to current market conditions i now identify as a superfast, provably neutral processor that’s instrumented with A.I. models to filter out smart contract exploits
Firewall retweeted
Sam and I have been living and breathing DeFi, smart contracts, and blockchain infrastructure the past 7 years.
Our team sees the future - safe blockspace. We're making it a reality alongside early community now. S/o to @shadowmakerxyz and so on, y'all are the real 🐐's
We are tired of the rugs and exploits as status quo, join us: discord.gg/usefirewall
In DeFi, you either build for safety or watch liquidity drain to exploits. @iamoptmstc and @sam___iamm have been deep in the trenches and saw the future: Firewall as the core infrastructure that ensures DeFi and crypto scales.
Firewall lore from the @therollupco podcast 🔥
Firewall retweeted
The modular ecosystem is scaling rapidly as of late...
> @astriaorg mainnet launched for their decentralized sequencing layer
> @base successfully deployed fault proofs to mainnet
> @LidoFinance successfully passed DAO proposal for community staking module
> @AvailProject announced collab with @Moonveil_Studio to use Avail DA for their gaming studio
>@plumenetwork announced collab with
@SatoriFinance to bring RWA perps to life, 300M+ tx's on testnet, mainnet
> @movementlabsxyz announced testnet v2 'Porto', over 470M tx's across 10M+ unique wallets
> @inkonchain announced their L2 'Ink' built on the Superchain using Gelato
> @atlasxyz announced 50ms blocktimes for their L2
> @Spire_Labs raised $7M in seed funding to build based appchains
> @nillion announced $50M in total funding to build blind computing platform
> @EclipseFND with 63.8GB of data posted @CelestiaOrg, mainnet within a week likely
> @BuildOnLumia testnet built @0xPolygon CDK with 20M+ tx's and 7M+ unique wallets, powered by @TanssiNetwork infra
> @fraxfinance LlamaLend deployed on Fraxtal, $36M in TVL
> @taikoxyz consistently over 25 TPS on their L2 this week
> @initia announced new minitia @RAVE__Trade & mainnet 78% ready, likely this quarter
> @fuel_network with $265M in TVL within first two weeks of mainnet
> @EspressoSys mainnet incredibly close, leaked on @therollupco podcast
> @Starknet reached a new peak of 857 TPS on Starknet Mainnet
> @Xsolla announced ZK chain for their gaming hub, joining the Elastic Chain
> @0G_labs introduced a p2p AI service marketplace '0G Serving', node sale later this month
> @nodekitorg announced collab with @ParticleNtwrk for universal accounts, private devnet is live as well
> @lagrangedev announced DARA, a new mechanism for ZK prover networks
> @hyperlane introduced tETH on Eclipse, the first unified restaking token connected by Hyperlane
> @lavanetxyz 1.7B RPC requests in last 7d across 6.6M unique wallets
> @useTria partnered with Movement to bring their chain abstraction stack to Move chains
> @SuperseedXYZ dropped tokenomics, mainnet this quarter
> @reya_xyz announced 'squid' to bring CEX liquidity to DeFi, $165M+ in liquidity on their trading-focused L2
> @gelatonetwork raised $11M to further grow RaaS
> @Coredao_Org with a big spike in TVL to $585M+
> @alignedlayer zk verification layer in testnet, hearing that mainnet is imminent
> @UseFirewall testnet for safe sequencing very close
> @alt_layer deployed AltLayer Wizard recently for AVS-as-a-service
> @boundlesshq hardware upgrade with first custom-designed verifiable processing unit
> @OneBalance_io announced their API a few weeks back, more user products soon
> @skate_chain mainnet launched for stateless apps across many VMs
> @SunriseLayer 220K+ unique wallets on testnet v1, v2 is coming with improved PoL functionality
> @AbstractChain announced MagicEden coming onto their consumer chain, built on ZK stack using EigenDA
> @ohayo_dojo annnounced their autonomous worlds will become sovereign rollups in Celestia eco
>@cartesiproject appchain ecosystem growing with Rives, BugBuster, and new proposals
This was a mega week for ecosystem raises as well, many of which I didn't cover here.
The community is locked in on solving the fragmentation and UX situation as the pace of new chain deployments continues to increase.
We will solve it, and modularity will win.
The future is modular.
Firewall retweeted
tomorrow 10/25 at 8pm UTC Chief Fire Sloth @iamoptmstc will be speaking all things safe blockspace with community members. ❤️🔥
Join us for an open discussion about the L2 boom, DeFi renaissance and of course how Firewall will be at the forefront of it all 🤝
