Discover and read the best of Twitter Threads about #L2s

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The hottest feature for the next generation #L1s and #L2s that you don't know about.

💡 Parallel processing

Thread Image
◼️ Parallel processing is used in high-level computing and brought to the blockchain for effective message communication and execution within the framework of blockchains.
Examples of blockchains that use it:

#Fuel @fuellabs_
#Solana @solana
#Sui @SuiNetwork
#Aptos @Aptos_Network
#Vara @VaraNetwork
+ Others
Read 17 tweets
Hey anon, wondering how to remain safe in crypto after all that just happened with #FTX 😭?

A lot of FUD around STABLECOINS these days. Let's assess the various risks associated with them and few other areas. As usual, there's a cheat-sheet for this

🧵👇 Image
So you’ve already swapped your 💩 coins into stables and withdrawn from CEX to on-chain and it’s all 💯 fine, right? Well, may be not 😭. Not all stablecoins are created equal. Let’s review each.

❗️NFA, make own decisions where to move funds based on your risk appetite
🧵 SECTIONS:

🪙 Stablecoins - order follows MCAP from @DefiLlama

Additional risk areas:

🔄 Wrapped tokens (non-native stablecoins)
🔸 CEX chains

defillama.com/stablecoins
Read 21 tweets
🌟: Let me introduce you to Y2K Finance, the next great Arbitrum project.

What is @y2kfinance ? How does it work? And how it could have saved you from the #LUNA collapse?

A thread (🧵)

#Ethereum #Arbitrum #L2s #crypto #altcoin Image
1-What is Y2K Finance?

@y2kfinance is a suite of structured products designed for exotic peg derivatives. It will allow market participants:

📌To Hedge
📌To Speculate

On the risk of a particular pegged asset
2-Why is Y2K concerned with pegged assets?

#Y2K believes there is a fundamental mispricing in the risk associated with pegged assets.

Recent de-peg events like $UST or $stETH and fear-based runs on $USDT have shown the risk is much higher. UST de-pegstETH de-peg
Read 14 tweets
1/x Prior to #DevconVI, at #RollupDay, @VitalikButerin talked about “Hardening rollups with multi-proofs”. Here is a thread of brief summary.
2/x Nowadays, almost all #rollup protocols are still on “training wheels”, as proofs are either in development or can be easily overridden by simple governance.
3/x Even if we have proof systems ready say validity proof for zk-rollups, due to the complexity of the generated proofs, it’s quite tough to ensure there’s no bug in the proof. One example below, for a simple code snippet in #PSE zk-EVM impl, it has 34,469 lines of circuit code.
Read 18 tweets
Stepping into the first fully post-merge month got us reminiscing about all the special moments that took place in September.

Here’s our quick recap so we can soak it in one last time 👇
🧵1/15 Image
The community gathered around numerous live watch parties to take part in #Ethereum’s successful (& deliciously uneventful) #PoS switch🎉 

During Nethermind’s live Merge Watch, teams & guests from every corner of the ecosystem came together-


2/15
to watch the historic transition✨Merge data, #L2s and scalability, rollups and #StarkNet, #DeFi and mainstream blockchain adoption were just some of the analyses and insights we were spoiled with.


3/15
Read 15 tweets
It’s been a tough week, but builders are here to stay!

The team has a jam packed Explore Screen update for you — @cryptotesters are back with a new collection of cool projects, we look at #NFTs with extra benefits for holders, and more 🧵

Full blog: bit.ly/3OiiFnp Image
In our first feature “More Than a JPEG” 🎤 our team looked at some interesting #NFT collections, which offer their holders more than just a cool #PFP

@TheIdolsNFT — besides looking cool, they also earn you interest from $stETH rewards in perpetuity 🔥
⬩With @RagnarokMeta, your PFP becomes an in-game character used to explore their #metaverse

@AzukiOfficial holders get access to their community, exclusive airdrops, streetwear collabs, live events, and more

Head to the Steakwallet app to check out the whole collection 🏃‍♀️
Read 9 tweets
I've been studying @blknoiz06 for the last week.

Here are the top things I've learned from him. 🚀

A thread 🧵 👇 "imagine letting n***** outwork you"
1. His background

He's a trader, researcher, analyst and shares his profound views on Substack and #Twitter @blknoiz06

Held #Altcoins when they crashed during the last cycle and wasn't all in crypto afterwards, until he realized how much money he was leaving on the table. 💰
He missed the #DeFi summer, because he wasn't paying attention in Bear🐻. As he saw the 2017 cycle, he wanted to fully take advantage of the next bull run🐂.

He nailed all the trades in 2021: @AxieInfinity, @solana, @avalancheavax, @harmonyprotocol, @terra_money
Read 37 tweets

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