Discover and read the best of Twitter Threads about #multichain

Most recents (24)

@BlastAPI by @BwareLabs is a #multichain, subscription-based, #API platform, featuring fast & reliable access to most relevant networks & #blockchains from #Web3, including @MultiversX

Its objective is to improve the developer experience within a #blockchain ecosystem.

🧵👇 Image
Using Blast API, #blockchain developers can bypass all the hurdles involved in running their own infrastructure, thus reducing both their outage risks and infrastructure costs.

It uses automated traffic routing for optimal response times and more:

@BlastAPI is currently used on 44 networks and 25 #blockchains.

On @MulitversX , @itheum is using the reliability and speed of Blast API nodes for their data brokerage platform:

Read 5 tweets
1/ ~5 hrs ago, #Multichain's transactions on the Polygon / Zksync Era/Kava/Avalanche network resumed normally.

And the price of $MULTI rose from $3.5 to $5.1, an increase of 46%.………… ImageImageImageImage
2/ What happened?

On May 21, some users reported the abnormal delay of #Multichain.

Investors such as Hashkey dumped $MULTI.

The Fantom Foundation removed 449,740 $MULTI ($2.4M) liquidity from Sushiswap.…

News of the arrest of Multichain CEO broke.

And exchanges such as #Binance suspended deposits for the Multichain bridged tokens-network.

Which caused the price of $MULTI to drop by 60%. Image
Read 4 tweets
Perp DEXs have been a hot topic this year due to their ability to profit even during a bear market.

GMX showed us the possibilities 🤑💰

An opportunity to get in at the earliest price (#presale) of the latest #PerpDEX@_aiPX – has presented itself 😊

Not RT 🧵 = #NGMI Image
💠What is @_aiPX?
💠Benefits of @_aiPX?
💠Risk Management for LPs
💠AIPX Emissions
💠Yield Rewards
💠 Other Ways to Earn
💠WHAT IS @_aiPX?

aiPX is a decentralized, non-custodial perpetual DEX on Arbitrum with a focus on risk management and an innovative liquidity solution for liquidity providers. Image
Read 21 tweets
For the past 5 months, the BL team has helped with developing Gravity ⚡

Frontend, backend, #gamification - you name it

What is Gravity & how does work?

Let's check 👇 🧵 Image

@gravity_xyz is a #multichain, MMORPG browser game, using the blockchain stack to reward users according to their contribution

In a nuthsell:

• mint an avatar
• complete quests
• claim / loot items
• level-up the character
• bet on players
• earn more Image

Gravity is bringing some real #NFT use cases to the table.

Every single player has a unique character (minted as an NFT).

Plus, players can level up its NFTs to re-sell it on the secondary market.

Visuals: the collection has an elf vibe 🧝 Image
Read 12 tweets
🐕 Woof woof! Have you heard of KibbleSwap? It's one of the top decentralized exchanges on #Dogechain with the most locked-up liquidity!
🌉 KibbleSwap was one of the first #DEXs to provide support for bridged stables on the #Dogechain ecosystem, enabling both Synapse and #Multichain bridgeable assets!
💰 Not only does KibbleSwap provide high liquidity and popularity, but it also offers community farms where liquidity providers can earn $KIB tokens as a reward.

And guess what? $KIB is a deflationary token!

🗳 $KIB is also a governance token that can be staked to earn.
Read 5 tweets
Want to find the next $SOL or $MATIC?

Pay attention to a new breed of L1s known as "parallel processing” chains

Protocols like @Aptos_Network, @SeiNetwork and @SuiNetwork claim > 160K TPS and sub-second finality

Here are the 5 things you need to know to gain an edge



This thread will cover:

• What are the problems with existing L1s?

• How does parallel processing fix these problems?

• What new L1s are using this technology?

• What are the problems with parallel processing?

• What’s the long-term potential?

🔶 What are the Problems with Existing #L1s?

There’s no denying that #Ethereum has achieved tremendous success

In just a few years, it has:

• Created > $150B in value for DeFi

• Generated > $35B in NFT sales

• Supported > 11K DAOs

But it's not without its problems
Read 34 tweets
1/7 The ecosystem of @klaytn_official NFT consists of a great variety of projects and is growing every day. But do you know where you can buy them? 🤔

In this thread, we'll cover the most popular and secure #NFT marketplaces that feature collections built on #KLAY 🖼️
2/7 @opensea claims to be the world’s first and largest digital marketplace for crypto collectibles and #NFTs 🌍

It's secured via smart contracts and doesn't require any knowledge of blockchain to start your own collection. It's also available as a mobile app for IOS and Android
3/7 @okx NFT marketplace is a decentralized platform for virtual assets, that runs across many blockchains such as @ethereum, @solana, and others. To ensure deep liquidity, they also aggregate orders from other major platforms such as @opensea, @LooksRare, @MagicEden, etc. ⛓️
Read 7 tweets
@BNBCHAIN projects have been busy building during the bear market and have very exciting plans for 2023. In this thread, I will cover the 2023 roadmaps for some #DeFi & #GameFi protocols on #BNBChain, the #blockchain that is #1 by user count, #2 by TVL, and top3 for gaming.
-Concentrated liquidity
-Swap integration w/ marketmakers
-Multichain expansion
-Affiliate/ambassador programs
-NFT utilities
-Fiat onramp
-Isolated markets
-Stable rate borrowing
-Institutional money market upgrades
-Multi-chain support
-Collateralization of RWA
Read 25 tweets
With #smartcontracts on the scalable and feeless #Shimmer network, we will see the rise of frictionless, decentralized and scalable #web3 economies. 🚀

We gathered our six major use cases for you! 🧵👇
1) Energy management

Shimmer is well suited for energy markets, real-time data management and moving #carboncredit or #renewable energy certificates without transaction costs.
2) Digital Identity

Shimmer is ideal for #NFTs, native tokens and smart contracts to interact with digital identities. Identities can control other identities, which enables flexible modeling.
Read 8 tweets
Introducing Layer One X, a blockchain with decentralized, MultiChain interoperability at its core. The Layer One X blockchain allows building next-gen blockchain apps that are scalable and secure.

Layer One X is built to make MultiChain tech & #decentralized networks accessible to everyone. Our layer-one infrastructure platform values decentralization, security, scalability & interoperability.
Layer One X allows trustless chains & protocols to work together, with mobile-enabled 📱transaction validation & a Proof of Participation consensus mechanism to ensure network security.
Read 10 tweets
Here's a quick summary of the updates that happened over the past week on #Ethereum.

#CryptoNews #Cryptocurrency #Blockchain
1A/ #Metamask is collecting users’ IP & #Ethereum wallet address.

@ConsenSys, the developer of @MetaMask, announced its private policy update which includes changes to data collection related to user identification.
1B/ When using Infura as the default RPC provider in @MetaMask, #Infura will collect your IP address & #Ethereum wallet address for transactions.
Read 7 tweets
Building in #Web3 is a beast, and developers face critical decisions every day.

One of the most important questions this year?

Where should we build, and how?

Should our approach be chainless or multichain?

Think it through with us 🪡👇🏼

How do we go beyond monolithic blockchains for better speed, security, and interoperable txns?

Multiple chains and layer 2s have come up to scale #Web3, but there's a lot of friction between these chains.

The result? Lower network effects 👎🏼

We know the current situation is not sustainable.

There’s the clunky user experience, the self-management of wallets and keys, and the lack of killer apps.

As Web3 becomes #multichain, the burden of dealing with cross-chain friction has degraded the experience more.
Read 8 tweets
That old debate between going Multichain and Cross-chain.

𝗪𝗵𝗶𝗰𝗵 𝗶𝘀 𝗯𝗲𝘁𝘁𝗲𝗿 𝗳𝗼𝗿 #𝗪𝗲𝗯𝟯?

In reality, it's about dApps leveraging the synergy between both approaches to scale.


The focus will be less on “𝐰𝐡𝐢𝐜𝐡 𝐭𝐞𝐜𝐡 𝐬𝐭𝐚𝐜𝐤 𝐢𝐬 𝐛𝐞𝐭𝐭𝐞𝐫?”, and more on eliminating market inefficiencies and increasing overall composability in #web3.

A #multichain approach can optimize security. However, it is extensive and cost-inefficient in most cases.

On the other hand, cross-chain solutions can be easily integrated, and offer fast execution, but the journey toward real decentralization is longer.
Read 6 tweets
Lobster Daily #499 – Daily Recap – 10 August:
1. @Curve UI got compromised. Don't use🏧
Link 👉
Link to discussion 👇…
2. Announcement on the Suspension of @Hotbit_news Website Service
Link 👉…
Link to discussion 👇…
Read 8 tweets
Cross-Chain Monday's Ep 02

Summarizing the latest updates and announcements of different projects that are building out #multichain and #crosschain solutions

We started off the week with the @nomadxyz_ incident and if you did not manage to catch up on it, I compiled the different early posts about it

@nomadxyz_ announces a 10% bounty for whitehats…

Read 18 tweets
Crypto Bridges 🌉 solve one of the fundamental problems of blockchains:

However, theft from cross-chain bridges totaled more than $1 BILLION in 2022

Here's a thread that will help you understand the RISKS
associated with cross-chain bridges:

First, bridges are used to transfer assets and data back & forth between multiple #blockchains

A specific blockchain asset is incompatible with other blockchains due to differing designs

So, bridges create WRAPPED assets that represent the asset from the original blockchain
Bridges use a LOCK-MINT-BURN mechanism: 🔥

1. Users deposit their funds into a bridge smart contract

2. The contract locks the deposited assets & mints the equivalent amount of WRAPPED assets on the specified chain

3. The WRAPPED asset is pegged 1:1 to the original asset
Read 12 tweets

Updated thread of ⚡️

A high-performance blockchain infrastructure that scales & connects the financial Internet

World's first hybrid consensus using $MTR the PoW stablecoin & PoS HotStuff consensus with $MTRG the governance token


In addition to being a high performant #Layer1 infrastructure Meter can scale other L1 mainnets as a sidechain solution

Meter uses the most advanced deterministic consensus protocol called #HotStuff

@Meta's Libra (formerly FB) is a variant of this consensus


There are multiple #Layer2 solutions currently on the market including Optimistic Rollup, zk Rollups, state channel & side chains

Optimistic Rollup is promising but it is definitely over hyped

Zk based techniques are incompatible with existing smart contracts

Read 26 tweets
#Web3 builders across the world are coming together to learn about #Chainlink and the benefits of cryptographic truth.

This week, connect with your local Chainlink community at events in #Phuket, #NYC, #LA, #TelAviv, and #Chicago Image
On May 9th in Phuket, discuss the future of the #metaverse with leaders from @Dashpay, @initeio, and @master_ventures at this Chainlink Plugged-In event:…
On May 10th in New York City, explore the #multichain future of Web3 and projects building on #Fantom with speakers from @EverRise and @FantomFDN:…
Read 6 tweets
[THREAD, DEX] Vous utilisez certainement #Binance ou #Coinbase mais savez-vous que ce sont des exchanges centralisés aussi appelés des #CEX ?

Mais il y a aussi les #DEX, ces bourses d’échanges de cryptomonnaie décentralisés, ce qu’on appelle des DEX pour Dencentralised Exchange
Il existe plusieurs strates dans le niveau de décentralisation d’un protocole.

Pour utiliser la cryptomonnaie, vous pouvez vous satisfaire des exchanges centralisés et faire vos transactions sur #Binance. Blockchain Trilemma, Scalability Decentralization Security
Mais pour un usage avancé de la #blockchain, vous aurez besoin des plateformes décentralisées afin de réaliser des opérations sur votre portefeuille, c’est ce qu’on appelle des #Dapps, les applications décentralisées.
Read 8 tweets

As a newbie still trying to find his footing in the Defi Space..

You've probably heard your favorite influencers talk about bridging one token or the other eg. BSC to Cronos

And you're here wandering what it entails

Follow me 👇🏾

A thread
First of all what does bridging mean?

Bridging means moving your crypto tokens from blockchain to another.

Secondly, what is a bridge?

A bridge, more accurately called a blockchain bridge,

connects two blockchains and allows users to send crypto from one chain to the other.
Blockchain bridges help solve the problem of lack of interoperability between blockchains because,

they act as an intermediary that helps different blockchains to communicate with each other.
Read 12 tweets
As @StargateFinance reaches 1 billion dollars in TVL let's look at the underlying omnichain interoperability protocol @LayerZero_Labs. THREAD!🧵✍️👇
If we want to understand the novel approach @LayerZero_Labs is providing we need to first understand the problem:
We are currently living in a multi-chain world and as new blockchains continue to emerge every day, we begin to face the problem of fragmentation of applications and liquidity.
And while all ecosystems continue to grow and expand, liquidity issues will only continiue to grow.
Read 26 tweets
#Chainlink trust-minimized services are integral to innovative #DeFi, gaming, and #NFT projects across the #multichain ecosystem.

Explore today’s integrations across #BNBChain and #Polygon🧵👇
Read 5 tweets
@Momentum_6 portfolio company @_parastate has been referred to as “#Ethereum on steroids.” ParaState offers advanced #tech to tackle some of the challenges facing #developers today.

Read more:

Contributor ✍🏾: @crypto_clarke
1/ ParaState VM’s distinguishing feature is its compatibility with Ethereum code allowing projects already running on Ethereum to migrate to the Polkadot ecosystem with just a few or no changes to the code.
2/ Developers creating products for Ethereum can opt to deploy their products in the #multichain @Polkadot ecosystem. What’s more, these developers can migrate non-Ethereum projects to #WASM and not worry about security or speed.
Read 7 tweets
Yesterday @SpyWolfNetwork had an #AMA with @PoorQuack. It turned out to be a session full of valuable information, which deserves to be spread further around.

So here we go! Slightly edited here and there to save some space. Enjoy the ride!

$POOR #PoorQuack #CryptoNews
Intro by Gyro Gearloose, [9-3-2022 19:08]:
@PoorQuack is all in one #Ecosystem where we are attempting to make it easier for #investors to #research crypto projects and avoid #scams whilst allowing holders to earn via #DeFi.

$POOR #PoorQuack #cryptocurrency #Web3 #Metaverse
We also have entered the #NFT space with our own #NFTcollection and all of these will have #utility within our own #Ecosystem.

The #NFTmarketplace V2 will be released soon and this will allow third party #NFTs like the #OpenSeaMarket.

$POOR #PoorQuack
Read 25 tweets

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