1/ How do the cross-chain #bridges works? In this #visualguide, we explain how assets are transferred between chains and how interoperability becomes a fundamental aspect of the future.
2/ Blockchain networks are very fluid and efficient as single entities but lack the ability to communicate with each other. This creates demand for seamless transfer across different chains without using centralized exchanges as intermediaries or selling the token first.
3/ Cross-chain #bridges solve the problem by enabling the transfer of tokens, smart contracts, data, feedback, and instructions between two independent chains without intermediaries.
4/ In general, cross-chain #bridges are divided into two based on the transactions validator: trustless bridge and trusted bridge.
6/ Based on the architectures, #bridges also can be classified into:
- External validators & federation
- Light clients & relay
- Liquidity providers' network
7/ By understanding the #bridges architecture we can look at different traits that explain the strength and weaknesses of each bridge.
8/ Wrapped tokens are an integral part of the #bridges to achieve interoperability. Assets that are transferred to the bridge will be minted in the form of wrapped token that adheres to the rules, data, and contracts (native) on the destination blockchain.
9/ In this diagram we can see how assets move between chains by using the lock & mint mechanism and burn mechanism. These two mechanisms are the most popular and versatile to move assets across multiple chains.
10/ Existing blockchain #bridges face the interoperability trilemma, current designs cannot satisfy all three traits. There is always some level of compromise.
11/ Despite facing the trilemma, cross-chain #bridges are still important because they can increase asset productivity, improve user experience, and support the distribution of liquidity across the chain and decentralized apps (dApps).
12/ #Bridges are not without issues, growing concerns directed toward asset centralization and imbalance of liquidity. Security also becomes a big problem since the massive assets deposited lure hackers to steal and exploit the bridges.
13/ #Bridges attacks not only target the asset custodians, but other targets such as asset issuers, smart contract vulnerability, and bridge users are also prone to security hacks.
14/ Beyond the #bridges: #eWASM is a project to bring highly flexible, near-native performance and optimization of web assembly for Ethereum to achieve interoperability and flourish application developments on #Ethereum. @ethereum
15/ Beyond the #bridges: Layer-0 like @Polkadot and @cosmos allows developers to create custom blockchains that can be tailored to their requirements by combining various elements from different L1s while retaining their own ecosystem
RWA is set to become a generational wealth opportunity.
By 2030, around $10.9 trillion will be invested in RWA.
However, not all chains are ready for this change.
@Algorand is the exception.
A 🧵
This post will cover:
1️⃣ How Big RWA will Be?
2️⃣ But Why Do Traditional Business Need to Switch to RWA?
3️⃣ Algorand - The Native Infrastructure for RWA
4️⃣ RWA Project in Algorand
5️⃣ Real Estate
6️⃣ Art, Books and Music
7️⃣ Stocks, equities and commodities
8️⃣ Stablecoins and EMTs
9️⃣ Alternative Assets and Data
➤ How Big RWA will Be?
@RolandBerger and @21co__ estimate that RWA will reach approximately $10.9 trillion by 2030.
This estimation is based on the assumption that RWA will capture ~10% of the net assets of regulated open-end funds.
To put it simply, RWA is expected to become a prominent sector in the future, offering numerous opportunities.
The growth of Aptos ecosystem has been remarkable.
If you're feeling FOMO but are unsure of where to start
This guide will take you down to the Aptos rabbit hole.
A 🧵
This post will cover:
1️⃣ Aptos Brief Introduction
2️⃣ Aptos Infrastructure
3️⃣ Move VM
4️⃣ Aptos in Numbers
5️⃣ Aptos is For Everyone
6️⃣ Start Your Aptos Journey
7️⃣ Aptos Ecosystem
8️⃣ AI x Aptos
➤ Aptos Brief Introduction
@Aptos is a modular, high-performance Layer-1 blockchain that utilizes the AptosBFTv4 consensus protocol, based on delegated Proof-of-Stake (DPoS).
In addition, Aptos incorporates other innovative tech stack:
➡️ The Quorum Store mempool protocol
➡️ The Block-STM parallel execution engine
➡️ Move VM.
These features allow Aptos to achieve scalability, reliability, and upgradeability as its fundamental principles.
DeFi's complexity and lack of regulation prevent institutions from participating.
What if I told you there's a DeFi protocol that offers institutional grade features?
It is compliant, secure, and experiencing exponential growth.
Allow me to introduce you to @SpoolFi.
This post will cover:
1️⃣ What is @SpoolFi ?
2️⃣ Why Spool?
3️⃣ How Does Spool Work?
4️⃣ Supported Protocols
5️⃣ What Are The Use-Cases?
6️⃣ Spool Ecosystem Partners
7️⃣ Partners Highlight
8️⃣ Case Studies Highlight
9️⃣ LSDfi Vault Highlight - $srETH
🔟 $SPOOL Token
◢ What is Spool?
→ @SpoolFi is an advanced DeFi middleware infrastructure.
→ Spool integrated seamlessly with the best DeFi protocols available.
→ It empowers users to engage in a specific range of yield generating protocols with a risk-diversified, automatically managed, and highly efficient approach.