$Saf maxi

Sweden
Joined November 2020
I'm an OG of the Superchain through OP Mainnet, Base, Unichain, Soneium & Ink! Check your OG status here: app.optimism.io/superstacks
2
4
101
ready steady go secure ur WL here: steadyteddys.com/wl.html
1,685
20,784
198
24,856
1,158,765
The best teams in crypto Build Omnichain.
129
252
110
1,467
446,511
Exciting update: we've secured $21M in total funding. Led by @paraficapital and @Greenfield1One, we recently closed a $15M Series A round. The new raise follows a previously unannounced strategic round of $3.7M in 2022 and $2.5M round in 2021.
169
408
192
1,692
339,001
Today, Consensys filed a lawsuit against the Securities and Exchange Commission. The goal behind this is to ensure that Ethereum remains a vibrant and indispensable blockchain platform and to preserve access for the countless developers, market participants, and institutions who have a stake in the world’s second largest blockchain. #ETHforAll 1/6
213
tag a friend, maybe i'll give some away
154
40
4
205
28,420
I often get asked why I work at @LayerZero_Labs. To me, LayerZero is the most scalable, secure, and efficient cross-chain smart contract protocol currently available. First some context. Before LayerZero, to send anything to a new chain, most dApps used some type of monolithic bridge: - Centralized Provider: a centralized entity, manually delivering messages to the destination chain. - Collection of Signers: a collection of different signers which verify the message before delivering. - Middlechain Bridge: a blockchain which routes all messages through the hub chain, inheriting the security of the middlechain. (Note: I'll define each of these "security mechanisms" as verifier networks). While each verifier network came with trade-offs, all suffered from one common problem: a single verifier network determined which messages would be delivered on the destination chain. If that security ever failed, due to centralization, a backdoor in the signer software, the middlechain lacking node client diversity, or upgradeable contracts, every application built on top of that verifier network suddenly had their security fail too. No matter which verifier network you pick, the reality is that you now depend entirely on that sole network to verify your messages correctly. Being locked into a single verifier network means that in the best case, your application needs to fully redeploy to avoid being exposed to a security vulnerability. In the worst case, not just your application, but every application and user interacting with that verifier network faces cataclysmic losses (source: the rekt leaderboard and the socket hack just a few months ago). How does LayerZero solve this? LayerZero is an immutable, censorship-resistant, and permissionless smart contract protocol that enables anyone on a blockchain to send, verify, and execute messages on a supported destination network. Reason 1: Immutable Contracts To send and receive messages on a target blockchain, a non-upgradeable LayerZero Endpoint contract must be deployed to that chain. This Endpoint contract acts as the entry and exit point for the protocol, enabling applications and users to: - Send messages from the source blockchain (Endpoint.send). - Configure application security (Endpoint.setConfig). - Configure execution settings (Endpoint.setConfig). - Quote cross-chain transaction gas costs (Endpoint.quote). - Receive messages on the destination chain (Endpoint.lzReceive). - Debug and retry failed messages (Endpoint.lzReceive). and a handful of other utilities. The LayerZero Endpoint provides users a predictable, immutable interface for sending arbitrary data, external function calls, and tokens. Anytime you need to send or receive messages, all you need to do is interact with the LayerZero Endpoint contract on that chain. Reason 2: Modular Security LayerZero allows applications to configure any number and type of decentralized verifier networks (DVNs) to verify their cross-chain messages. Instead of every application depending on the same verifier network, each application now has a unique verifier configuration called a Security Stack, allowing developers to maintain access controls on arguably the most important part of their application. New verifier networks can be added at anytime using these access controls, future-proofing cross-chain applications to the latest and greatest verification techniques (for example, @PolyhedraZK's zkLightClient). This means that dApps don't need to accept a one-size-fits-all model for cross-chain messaging, and instead actually can control how messages are verified on the destination chain. Teams are starting to realize that this means they can build omnichain dApps with variable security based on their use cases, message volume, domains, etc. In terms of cross-chain messaging, it's a new frontier for devs to explore. Reason 3: Permissionless Execution Because anyone can interact with the LayerZero Endpoint on the destination chain, LayerZero offers permissionless message execution. Once a message has been verified by an application's chosen decentralized verifier networks (DVNs), that message can be executed by calling the Endpoint's lzReceive method. In most cases, this execution is done automatically by an application's configured Executor, a production asset run in the ecosystem which automatically delivers messages after verification. This Executor fully abstracts gas on the destination chain, allowing users to pay for gas only using the source chain's gas token, and add specific execution options for the cross-chain message. Anyone can develop and run their own Executor, and should a configured Executor ever disappear, these messages can still be permissionlessly executed at anytime. The Big Picture When LayerZero talks about the idea of an omnichain application, we refer to this idea where your smart contracts can control how their messages are sent, verified, and executed on any blockchain in the network. It's a fundamentally better system, where developers don't have to hand the keys away to the most critical component of their decentralized application. Instead, use a smart contract protocol that gives you an easy, secure, and future-proof interface to send anything between blockchains. Want to get started? Head to our docs (link in bio), or leave a comment / DM! And remember, LayerZero is permissionless, censorship-resistant, and immutable.
14
22
8
189
50,115
We are happy to announce that the ETHFI token claim is open! Go to claim.ether.fi/ to check your eligibility and claim✔️ The ETHFI token contract address is 0xFe0c30065B384F05761f15d0CC899D4F9F9Cc0eB
8,887
5,240
107
6,335
428,229
Wormhole Wednesday
472
231
161
1,729
377,615
Thanks a lot!
1/ Create together, and benefit together. That's the Superchain. Today, @Optimism unveils Airdrop #4. Allocating 10M+ OP to over 22k unique addresses. Read more about how to claim here: optimism.mirror.xyz/3tkU-Y54…
3
128
⚡ V2 Deep Dive ⚡ What is LayerZero? How does V2 work? Why build on V2? This deep dive covers it all (and more): – Core principles – V2 architecture – Trust assumptions – LZ and the market Read 👇 medium.com/layerzero-officia…
60
230
29
1,265
194,820
V2 is live.
323
722
193
3,590
991,832
Bridge to @base to earn your @jumperapp x @base NFT which enters you into a raffle for a HoneyComb NFT 🐻 📅 26th Jan - 2nd Feb 🏆 @0xhoneyjar HoneyComb NFT 🍯 🔗 galxe.com/LIFI/campaign/GCEL…
238
17,309
77
4,402
456,368
I just claimed my #OndoPoints from @OndoFoundation! 🌊 Most stablecoin issuers keep all of the interest for themselves. Ondo has designed products to share the yield with token holders. If you held stablecoins in 2023, you're eligible too! Claim here: ondo.foundation/points
2
54
I bridged $100K+ on @BungeeExchange this year 🚀 To even more jumps next year 🎉 Check out your own wrapped on bungee.exchange/wrapped
53
I survived the bear market and claimed my $FRAME tokens! @frame_xyz is the Layer 2 for creators and collectors. If you've traded NFTs on Ethereum and paid royalties in the past two years you're eligible! 🖼️🎄 You can check here 👇 frame.xyz/governance
46
Replying to @blknoiz06
Ethereum is definitely more resistant against nation state attacks than any alt-L1. The key property that gives it more resilience is trustless verifiability. Every user can verify (and thus enforce) computational integrity and data availability on the network with consumer-grade hardware. This is deeply engraved in Ethereum's ethos and culture. Alt-L1s boasting high throughput today achieve it by giving up trustless verifiability. Their validators can be pushed not only to censor, but to confiscate users' assets or to alter the rules of the game by mutating existing smart contracts. There is nothing ordinary users or even big players can do to counteract. This scenario is unthinkable on Ethereum. If real systematic censorship ever takes places (this has not been the case so far, even Tornado continues to operate), the community has real and unalienable ability to counteract with a fork. We can fork away from any block, any time, because the state is always valid and data is available. Ethereum's L2s – specifically ZK rollups – achieve high throughput today by embracing trustless verifiability. Every single ZK rollup transaction is verified and enforced by every single Ethereum full node, and its data is made availble to all nodes too. We can enforce transactions on a sufficiently mature L2 subject to the same censorship-resistant guarantees as L1 itself. Alt-L1s require placing full trust in a small group of validators who control the stake quorum. Now ask yourself: if relying on a small number of trusted institutions were acceptable, would there be real need for blockchains in the first place? P.S. Ethereum is arguably more resilient against nation states than BTC, because an attack on the ETH stake quorum is recoverable with a hard fork, while an attack on mining hardware is not.
24
66
8
383
64,855