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shivamadan.eth 🦇🔊 Profile picture
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Sep 22, 2022 • 1 tweets • 1 min read
Casual alpha drop by @samkazemian

After USD-pegged and inflation-pegged stablecoins, @fraxfinance is now coming up with an Eth-pegged Stablecoin.

One stop shop for everything on-chain finance. Is anyone building better than Frax? Image

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More from @ShivanshuMadan

shivamadan.eth 🦇🔊 Profile picture
Jan 25
Every crypto predictions thread for 2023 has one narrative in common:

Zero-Knowledge Protocols

Your Ultimate 0-to-1 Guide to everything Zero-Knowledge 🧵
This is a mega thread comprised of the following segments:

- Zero Knowledge (ZK) Proofs
- ZK Rollups vs Optimistic Rollups
- The magic behind ZKRs: SNARKs vs STARKs
- Making ZKRs practical: ZK EVMs & their types
- Polygon ZK (@0xPolygonZK)
- Scroll ZK (@Scroll_ZKP)
1. What are ZK Proofs?

Technology has proven so invasive to our lives that most people don't even consider privacy a basic human right anymore

ZK proofs are here to change that!
Read 16 tweets
shivamadan.eth 🦇🔊 Profile picture
Jan 18
To find opportunity, you've got to follow the narratives,

Following the narratives will lead you to Scroll📜 (@Scroll_ZKP)

The Ultimate Guide to Scroll: 🧵
This thread will cover the following:

- What is Scroll?

- Why is it important?

- How does the Scroll zkEVM work?

- Who are the Gigabrains building Scroll?

- How to sign-up for 📜 testnet? (Potential Airdrop 🪂)
1. What is Scroll?

Scroll is an L2 scaling solution for Ethereum

It is an 'EVM-equivalent' zkEVM that is slated for a mainnet launch sometime this year

zkEVMs are general-purpose zk rollups
Read 21 tweets
shivamadan.eth 🦇🔊 Profile picture
Dec 23, 2022
Exactly one year ago, I wrote my first thread on Twitter

It's been an amazing 12 months of sharing, learning, and growing on Twitter. I'm grateful for each and every one of you who has been a part of this journey with me

A quick recap 🧵
The first thread was a short guide on how to begin in Web3

My own inspiration came from the famous @cdixon - @tferriss podcast
Then came the 30 daily articles on crypto basics thanks to @dickiebush @Nicolascole77 @ship30for30
Read 8 tweets
shivamadan.eth 🦇🔊 Profile picture
Dec 21, 2022
In 2021, Polygon brought together multiple teams to build the holy grail of ZK technology - @0xPolygonZK

One year later, that dream seems to be coming true as their solution marches towards a mainnet launch

Everything you need to know 🧵
@0xPolygonZK is a zkEVM solution being designed to scale the Ethereum blockchain

Specifically, zkEVMs are general-purpose virtual computers that replicate the Ethereum environment in a zk rollup
Depending on how closely they are able to replicate the Ethereum environment, there are various types of zkEVMs

Polygon is building towards a type-2 zkEVM
Read 16 tweets
shivamadan.eth 🦇🔊 Profile picture
Dec 19, 2022
Current solutions to ZK-Rollups are mostly centralized

Only specific operators can submit tx batches and validity proofs to L1

Polygon zkEVM (@0xPolygonHermez) solves this by using a Proof-of-Efficiency (PoE) model to decentralize the process

Here's how it works 🧵 Image
Producing validity proofs for zk rollups requires high computation power

This makes the process centralized as not everyone can afford the high amount of resources

To build an efficient and decentralized rollup network, we need a model that provides:
• Permissionless access to produce L2 tx batches
• Efficient network performance
• Decentralization
• Security
• Total validation effort proportional to the value in the network

These are the principles that Proof-of-Efficiency is built around
Read 10 tweets
shivamadan.eth 🦇🔊 Profile picture
Dec 1, 2022
zkEVMs are the future of Ethereum

They are being developed at a breakneck pace. But not all zkEVMs are created equal!

Your guide to different types of zkEVMs:

1/17
If this is the first time you're hearing the word zkEVM, here's a quick refresher:

2/17
There are varying degrees to which a zkEVM can be compatible with Ethereum

Let's look at each of these:

3/17
Read 17 tweets

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