Discover and read the best of Twitter Threads about #xcm
Most recents (9)
Is #Polkadot $DOT still alive?
Is the “Ethereum Killer” narrative still valid?
What's new with the protocol that was supposed to replace #Ethereum?
Thread 🧵👇
Is the “Ethereum Killer” narrative still valid?
What's new with the protocol that was supposed to replace #Ethereum?
Thread 🧵👇
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When #Polkadot launched in the second half of 2020, you could hear that we are dealing with the real successor to #Ethereum.
medium.com/coinmonks/polk…
When #Polkadot launched in the second half of 2020, you could hear that we are dealing with the real successor to #Ethereum.
medium.com/coinmonks/polk…
2/46
The #Polkadot $DOT narrative was so strong that there was a temporary trend of pumping and getting excited about all projects that had anything to do with Polkadot.
The #Polkadot $DOT narrative was so strong that there was a temporary trend of pumping and getting excited about all projects that had anything to do with Polkadot.
1/ @AstarNetwork , the scalable blockchain as multi-chain smart contract hub, is very likely to become the No.1⃣ blockchain in #Japan in 2023. $ASTR
A 🧵 of highlight reasons on why #Astar will lead the Japanese Web3 innovation👇
A 🧵 of highlight reasons on why #Astar will lead the Japanese Web3 innovation👇
2/ Clear strategy
Astar Network, formerly Plasm Network, is a Polkadot dApp hub from Japan that supports Ethereum Virtual Machine, WebAssembly, dApp staking and layer 2 solutions.
The team continues to BUIDL and innovate since 2019.
2023 #Starmap👇
astar.network/starmap/
Astar Network, formerly Plasm Network, is a Polkadot dApp hub from Japan that supports Ethereum Virtual Machine, WebAssembly, dApp staking and layer 2 solutions.
The team continues to BUIDL and innovate since 2019.
2023 #Starmap👇
astar.network/starmap/
1/ The first panoramic and interactive @Polkadot & @Kusamanetwork Ecosystem Map is HERE, together with the Polkadot Deep Dive Report Q3 2022.
All the highlights you need to know👇
dotinsights.xyz
All the highlights you need to know👇
dotinsights.xyz
2/ From parachains to DApps to infrastructure solutions, 500+ projects spanning 25 categories are presented with a sleek-and-chic UI, so that you can grasp the vast expanse of the @Polkadot & @Kusamanetwork Ecosystem within minutes💪
3/ This map aims to motivate two-way interactions between users and projects through VOTING mechanism, which will go live at 12:00 AM UTC on November 18 when the “Most Loved Projects” Campaign kicks off!
Stay tuned for a chance to win a free NFT🔥
Stay tuned for a chance to win a free NFT🔥
"What makes @Polkadot stand out from other projects?"
[THREAD]
1⃣Shared security
2⃣Forkless upgrades
3⃣Trustless communication
4⃣XCM transfers
5⃣Software, not security
6⃣On-chain governance
7⃣Network effects
8⃣Developer activity
(1/14)
[THREAD]
1⃣Shared security
2⃣Forkless upgrades
3⃣Trustless communication
4⃣XCM transfers
5⃣Software, not security
6⃣On-chain governance
7⃣Network effects
8⃣Developer activity
(1/14)
In this thread, we will discuss the distinguishing features of Polkadot that makes it stand out from the crowd.
Link to the detailed article:
prophetdotsama.medium.com/what-makes-pol…
2/
Link to the detailed article:
prophetdotsama.medium.com/what-makes-pol…
2/
1⃣Shared security
The shared security means all the connected parachains leverage the security of the Polkadot relay chain, irrespective of their market cap.
The parachain with a $5 million market cap is as secure as the relay chain with an $8 billion market cap.
3/
The shared security means all the connected parachains leverage the security of the Polkadot relay chain, irrespective of their market cap.
The parachain with a $5 million market cap is as secure as the relay chain with an $8 billion market cap.
3/
1/ Two weeks ago Moonbeam introduced the first proof-of-concept for EVM access through XCM via Runtime 1701- a big step forward in unifying functionality cross-chain #connectedcontracts
What does this mean?
A thread 🧵
What does this mean?
A thread 🧵
2/ Although still in its testing phase, XCM-to-EVM call functionality will allow devs on other parachains to trigger function calls on Moonbeam’s EVM
moonbeam.network/announcements/…
moonbeam.network/announcements/…
3/ This means that parachains on @Polkadot will be able to tap into the Moonbeam EVM to carry out functions remotely & opens the door for new connected contract use cases that exist between many chains ⛓🔁⛓
Reasons we are bullish on @Polkadot & @MoonbeamNetwork, ESPECIALLY in #bearmarket
$GLMR $DOT
(Alert: Long Thread🧵)
$GLMR $DOT
(Alert: Long Thread🧵)
#Polkadot is multi-chain. Single chains are popular BUT problems are cropping up. #Ethereum: high gas fee, low speed. #Solana: high latency, questionable security. Feel free to name others.
1/7
1/7
Being multi-chain allows Polkadot to solve the blockchain trilemma. Now parachains can be scalable, secure AND decentralized. polkadot.network/Polkadot-light…
2/7
2/7
In the months since its initial launch, @MoonbeamNetwork has proven to be the go-to destination for builders in the Polkadot ecosystem.
Let’s take a look at why so many multi-chain and native projects alike have selected Moonbeam as their destination of choice.🧵
Let’s take a look at why so many multi-chain and native projects alike have selected Moonbeam as their destination of choice.🧵
1. Full EVM Compatibility and Solidity Support
#Moonbeam is EVM compatible, but #Polkadot does not natively support the EVM (Ethereum virtual machine), which means that developers cannot directly use Solidity smart contracts in the Polkadot ecosystem.
#Moonwell
#Moonbeam is EVM compatible, but #Polkadot does not natively support the EVM (Ethereum virtual machine), which means that developers cannot directly use Solidity smart contracts in the Polkadot ecosystem.
#Moonwell
This is problematic for projects that are already live on Ethereum or another EVM-compatible network.For all of these reasons, the Moonbeam team worked with Parity to develop the Frontier pallet to provide EVM compatibility for the broader Polkadot ecosystem.
1 - An emerging player in interoperability is @ComposableFin who unites the #IBC, #EVM, & #XCM ecosystems. Connecting the fragments that today make up DeFi, Composable aims to achieve composability through a system wherein the whole of DeFi is greater than the sum of its parts 🧵
2 - At the core of Composable's innovation is its Cross-Chain Virtual Machine (XCVM). Through natively cross-chain smart contracts, true composability across multiple ecosystems is achievable.
This is a big, what they're setting out to do even exceeds @LayerZero_Labs's offering
This is a big, what they're setting out to do even exceeds @LayerZero_Labs's offering
3 - As solutions like LZ's achieve interoperability via trusted relayers & oracles, it's through a reactive approach that smart contracts on different apps/chains can interact. Since devs still need to choose a "home", it forces them to have to make a difficult decision
❌ Algorithmic stablecoins
✔️ Over & multi-collateralized stablecoins
This intern loves $aUSD.
Here's how @AcalaNetwork can take it beyond @polkadot and @kusama, increasing the accessible active user base from 1 to 15+ million users.
#acala #AUSD #Polkadot
✔️ Over & multi-collateralized stablecoins
This intern loves $aUSD.
Here's how @AcalaNetwork can take it beyond @polkadot and @kusama, increasing the accessible active user base from 1 to 15+ million users.
#acala #AUSD #Polkadot
@AcalaNetwork @Polkadot @Kusama $aUSD is uniquely interoperable by nature, meaning it can transferred cross-chain to any parachain on Polkadot or Kusama.$aUSD can also be trustlessly integrated by any Polkadot or Kusama parachain DApp.
@AcalaNetwork @Polkadot @Kusama This is made possible by @polkadot and @kusama's #XCM, a is fully on-chain internal messaging protocol realizing the vision of "shared security".
Thanks to XCM $aUSD can become the defacto stablecoin of @polkadot and @kusama. But what about using $aUSD outside the #DOTSAMA? 🤔
Thanks to XCM $aUSD can become the defacto stablecoin of @polkadot and @kusama. But what about using $aUSD outside the #DOTSAMA? 🤔
