G∆V!N LOW ⛩ Profile picture
Jul 22 16 tweets 8 min read
1/15
🧵ZK landscape (Part2) + Diff flavors of Rollups, (ELI5 summary of Rollups)

Quite some updates especially during ETHCC. Will post some notable ones that I come across today before sharing some Rollups' notes I compiled for @ForwardAnalytic
2/15
1) @0xPolygon - zkEVM is here!
TLDR: Build an App on zkRollup without learning a brand new coding language! And take advantage of the fastest ZK tech with #plonky2 by @0xPolygonZero
(Testnet will soon be Live)
blog.polygon.technology/the-future-is-…
3/15
Also since the last tweet of Zk landscape(Part1) 10days ago, #Polygon has nearly doubled 2x their FDV, and caught up with #Starkware.
Polygon's current Valuation is now at $9.1 Billion FDV
4/15
@the_matter_labs Will be launching their zkSync 2.0 Mainnet in 100 days!
5/15
@Scroll_ZKP Doing a re-Alpha Testnet (Early tester can signups here) 👇

1)Interact with Demo App (Uniswap Fork)
2)View Scroll testnet via BlockExplorer
3)Rollers generate/aggregate proofs
4)Bridge between testnet L1/L2
6/15
Ok so back to the Different *Flavours* #Rollups:

Architectural difference (relationship to settlement/DA Layer ):
- Regular Rollups
- Immutable Rollup
- Enshrined Rollup
- Sovereign Rollups

@apolynya did a very thorough tweet here:
7/15
So where does
1) Zero-knowledge Rollup(ZKR)
2) Optimistic Rollup(OR)
falls under?

In short, OR or ZKR are the security linkage models and can be used in any of the categories described in the above model.

ZKR uses Validity Proof
OR uses Fraud Proof (7d Challenge period)
8/15
1)So wads a Regular #Rollup? (e.g Starknet,zksync,Arbitrum,Aztec,etc.)
- Rollups are on L1 chains (e.g Ethereum/other L1s), and they inherit the security of these L1.

Note: L1 supports Smart Contracts (ofc)
Notice, there is a bridge contract on L1... cont...

One example:👇
9/15
Not to be confused with a cross-chain burn&mint #Bridge.
An example of a bridge contract for optimism can be seen here.
research.paradigm.xyz/optimism
10/15
- 2) Immutable Rollups (e.g. Fuel V1).
Smart contracts aren't upgradeable
Pros: no external governance risks
Cons: upgrading requires going through the EIP process & must be redeployed everytime
11/15
- 3) Enshrined rollup
(theoretical concept of changing L1 such that there is no need for smart contracts to realise the rollups.)
No smart contract risk & Governance Risk.
(i.e. technical benefits of L2 Rollups but at L1)
Advantages:
reddit.com/r/ethereum/com…
Cons: Slow
12/15
- 4) Sovereign Rollup(e.g Celestia)
Rollups settle themselves, instead of using an L1 as settlement layer. Uses DA layer purely for Data & Ordering
members.delphidigital.io/media/ethereum…
13/15
Dankrad mentioned, since 4)👆do not have secured bridges(smart contract) on L1(settlement layer), n-squared bridges between these rollups are needed, and thus inefficient. But @jadler0 mentioned how an L2 settlement rollup, with an L3 can sit on top in solves this issue.
That concludes my #Rollups Notes.

Hope to share more Notes in the future. If you like this content, check out my profile and hit #follow, & if u find it helpful, hit RT on 1st post to share the love.

@apolynya post really good technical content too. Recommended follow
15/15
with an L3 sitting on top of it* solves this issue.

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More from @MrGavinLow

Jul 10
A 🧵thread on the overview of #ZeroKnowledge's Landscape, Points of differentiation between projects & Valuation difference.

This is my attempt to compile the current landscape of ZK, If there is additional info/updates, do reach out via DMs.🙏 (1/13)
Format: Companies L1/L2 (Projects)

1) @StarkWareLtd L2; (StarkNet,StarkEx)
2)@the_matter_labs L2; (zkSync(ZkRollup,ZkPorter))
3)@0xPolygon L2; (Polygon Zero, Hermez 2.0, Miden, Nightfall)
4)@Scroll_ZKP L2
5)@MinaProtocol L1
6)@AleoHQ L1
7)@aztecnetwork L2
(2/13)
A more detailed differentiation with breakdown can be seen here:
forwardanalytics.substack.com/p/zero-knowled…
(3/13)
Read 17 tweets
May 2
🧵How I am playing the #Otherside/#Otherdeed

- Logic on when to enter (AKA #floor support price ?)
Upside/Downside potential

- What to buy? (#Koda / Artifact / Floors )
- Why I choose Artifact over #Koda
- TLDR of 🧵on post number #6

#BAYC/#MAYC #APECOIN #APE
1/x Determine floor price support.
(What is the %Prob of it going lower ?)

Current Floor: 4.29Eth
(Note: Pre-reveal @ 7 to 8 Eth)

Minting of #Otherdeed was 305 #Apecoin @ $22 (~$6,700/~2.4 Eth) + Gas wars ( 2.5Eth for 2 mints)
Minting cost = 2.4 + 1.25 = 3.65 ETH
1/x For comparison:

Current Floor: 4.29

Minting cost (Normal user): 3.65 ETH
Minting cost (+KYC): 3.65 + 0.5 ( 1 ETH/2 ): 4.1 ETH
Minting cost (Bulk Sybil): 3.65 + 0.25: 3.9 ETH

Don't make sense to sell < mint.
So downside is really low✅

Read 10 tweets
Apr 20
1/x🧵 Thread on #NFT #Alpha, & recent opps. to look at. (probable Alpha at the end of the thread)

3 ways to play NFT (and how it related to DeFi plays)
1) Get into #whitelist ( pre-seed/private round)
2) #Minting ( Public sale )
3) #Secondary markets ( listed & freely traded)
2/x
Whitelist (AKA private rd)
A few ways
1) Own Bluechips #NFT (might give u either a full whitelist chance, or higher prob% getting into whitelist.) e.g recent @SecretGarden_FM WL from @capsule_house
2) Community Grind (time spent not 100% rewarded)
3) Sybil (Pls don't do that)
3/x
Minting (Publicsale):
(will skip the part on DD of the project, as this is more about the process)

1) Hot projects, where there is already alot of traction, be prepared to pay a bit more due to GAS WARS.
2) Reveal dates are the best to hunt for rares for a lower price.
Read 11 tweets
Mar 18
🧵How to value #NFTs:

There is no right way of valuing NFTs, but hopefully this can act as a guide for people who are looking to enter the NFT space, for both for Fun & Profit, as NFT are generally less straightforward as #DeFi, where #cashflow & #TVL can be a good proxy.
2/x
Rule of thumb:
Similar to how you value a #DeFi token based on Future #cashflow, one can gauge the Value of the #NFT via the utility & future potential #airdrop/cashflow it can bring.
3/x
It's a better gauge than simply "Oh the Art is good."
Ofc, the Art itself, can be a proxy to the team's attention to detail. Usually, effort put in by the Team, is inversely proportionate to #rug risk

(Not to mention, the Art itself can also be something of value)@takashipom
Read 13 tweets
Nov 19, 2020
Alpha Leak. It is very possible that $SFI, @saffronfinance_ is currently undervalued. Most people farming it are putting their funds into the Tranche S, rather than A. Thinking that they will probably get more SFI from S tranche. However that is not exactly the case ATM.
Intuitively, it is easy for people to assume that they will get more SFI tokens in S tranche because its receives 95%, while A tranche only gets 5% of the emissions.
Take for example, since the DAI pool receives 75% of the liquidity mining tokens per epoch
Out of the 15,000 that's 11,250. S gets 10,687.5 and A gets 562.5 SFI.
Read 8 tweets

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