(Chart 🙏 to the incredible @dberenzon: medium.com/1kxnetwork/blo…) 🧵/ 16
1/ @LayerZero_Labs is a pure messaging layer to send and receive data; each endpoint has a library of smart contracts on each 🔗 that run validation+comms
With Stargate on top – anyone can wrap any 2 contracts on any 2⛓& avoid liquidity transfer
Apr 14, 2022 • 10 tweets • 5 min read
We're entering a new phase of interoperability and composability which will lead to a future phase of applications.
A thread on the state of crypto bridges today (@nomadxyz_ vs. @StargateFinance) and where they may take us 🧵/9
1/ Today, there are over 65 bridges in cryptocurrency working to move assets across chains in a multi-chain world 🌐⛓
Is the cryptocurrency ecosystem fully utilizing stock splits + valuing companies using standard P/E ratios?
A quick thread summarizing some fantastic Sunday reads📚 1/10🪡🧵
Bankless' episode with @ryanallis is a must listen. Ryan walks through a discounted cash flow model using publicly available data on Ethereum: Jan 2022 revenue (fees generate), annualized revenue, Ether supply (etherscan), and profit margin (100% given no up front costs) 2/10🧵