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Making web3 frictionless & mainstream! Simplifying 100+ dApp partners via powerful APIs | Buy $BICO: https://t.co/gDxfPLkyr8 Community: https://t.co/f3Z13t3Y0J
Sep 10 โ€ข 5 tweets โ€ข 1 min read
๐Ÿ‘‹Hey Biconauts,

Dependable communication between different chains is essential, meaning its necessary to be able to read and write data across blockchains efficiently.

That can be done using a Cross Chain Messaging Protocol, which we are covering in todayโ€™s glossary term.๐Ÿงต๐Ÿ‘‡ 2/

What cross-chain messaging does is assure participants on the target chain that the information comes from the source blockchain & that it is dependable.

The nodes on the initial blockchain must convince the nodes on the destination chain that the message can be trusted.
Sep 9 โ€ข 7 tweets โ€ข 4 min read
๐Ÿงก#๐๐ข๐œ๐จ๐ฌ๐ฒ๐ฌ๐ญ๐ž๐ฆ ๐‡๐ข๐ ๐ก๐ฅ๐ข๐ ๐ก๐ญ

Featuring @biconomy's long-time partner & NFT/Play-to-earn/Metaverse sensation- โœจ @zed_run โœจ

๐Ÿงต๐Ÿ‘‡ 2/

What is ZED RUN?

ZED RUN is a futuristic ๐ŸŽ horse-racing platform with each NFT representing a digital racehorse.

You can build a horse-racing empire in the #Metaverse filled with top pedigrees and the finest racers!

Collect, breed, and make strategy your game!
Sep 9 โ€ข 8 tweets โ€ข 4 min read
Building in #Web3 is a beast, and developers face critical decisions every day.

One of the most important questions this year?

Where should we build, and how?

Should our approach be chainless or multichain?

Think it through with us ๐Ÿชก๐Ÿ‘‡๐Ÿผ 2/8

How do we go beyond monolithic blockchains for better speed, security, and interoperable txns?

Multiple chains and layer 2s have come up to scale #Web3, but there's a lot of friction between these chains.

The result? Lower network effects ๐Ÿ‘Ž๐Ÿผ
Sep 8 โ€ข 6 tweets โ€ข 2 min read
That old debate between going Multichain and Cross-chain.

๐—ช๐—ต๐—ถ๐—ฐ๐—ต ๐—ถ๐˜€ ๐—ฏ๐—ฒ๐˜๐˜๐—ฒ๐—ฟ ๐—ณ๐—ผ๐—ฟ #๐—ช๐—ฒ๐—ฏ๐Ÿฏ?

In reality, it's about dApps leveraging the synergy between both approaches to scale.

๐Ÿงต๐Ÿ‘‡ 2/

The focus will be less on โ€œ๐ฐ๐ก๐ข๐œ๐ก ๐ญ๐ž๐œ๐ก ๐ฌ๐ญ๐š๐œ๐ค ๐ข๐ฌ ๐›๐ž๐ญ๐ญ๐ž๐ซ?โ€, and more on eliminating market inefficiencies and increasing overall composability in #web3.
Aug 18 โ€ข 9 tweets โ€ข 3 min read
๐Ÿ“™ ๐–๐ž๐ž๐ค #๐Ÿ’ ๐จ๐Ÿ ๐๐ข๐œ๐จ๐ง๐จ๐ฆ๐ฒ ๐…๐€๐๐ฌ

What makes Hyphen more secure than other EVM bridges?

Hyphen was designed with security baked into its design. Here are the top 3 reasons that make Hyphen more secure๐Ÿงต๐Ÿ‘‡ 2/

โœ…Multiple smart contract audits:

Hyphen pool contracts have been audited twice.

โœ”๏ธAudit by @HalbornSecurity๐Ÿ‘‡
โ€ฆmy-assets.ams3.digitaloceanspaces.com/Hyphen_Smart_Cโ€ฆ

โœ”๏ธAudit by @code4rena๐Ÿ‘‡
code4rena.com/reports/2022-0โ€ฆ
Aug 17 โ€ข 5 tweets โ€ข 2 min read
To incentivise & simplify onboarding, @dYdX offer gasless deposits powered by Biconomy.

Read on to know how this helped them add 23,000 new users & save them $738K in gas fees!๐Ÿ‘‡
/2 The dAppโ€ฆ

@dYdX is a fully decentralized trading perpetual exchange. Backed by some of the world's largest VCs such asย a16z Crypto
Aug 17 โ€ข 14 tweets โ€ข 5 min read
What is the most exciting thing about #Web3 to you?

Decentralization? Open access? Ownership?

For us, at @biconomy the most interesting lego of Web3 is --โœจ๐‚๐ซ๐จ๐ฌ๐ฌ-๐œ๐ก๐š๐ข๐ง ๐‚๐จ๐ฆ๐ฉ๐จ๐ฌ๐š๐›๐ข๐ฅ๐ข๐ญ๐ฒโœจ

Why does it excite us so?

A๐Ÿงต๐Ÿ‘‡ 2/

Composability accelerates digital innovation in Web3 much more rapidly than Web2 could ever achieve:

Unlike Web2, developers don't have to wait for a code to be unveiled after reaching maturity.
Aug 15 โ€ข 20 tweets โ€ข 8 min read
๐Ÿ“ฐBICO Weekly Degen Digest is reporting LIVE on a deranged week!

If you thought all those events with 3AC and Terra were crazy, this week just proved that the ceiling is still too high.

๐‚๐ซ๐ฒ๐ฉ๐ญ๐จ ๐Œ๐š๐ซ๐ค๐ž๐ญ:๐Ÿงต๐Ÿ‘‡ Image 2/

#Crypto assets are pushed even harder this week as the market continues its recovery.

$ETH continues to grow stronger. The merge drew in even closer with the Goreli testnet's success last Wednesday.
Aug 6 โ€ข 9 tweets โ€ข 3 min read
๐Ÿ‘‹Hello Biconauts,

This weekโ€™s glossary covers EIP-4337, a proposal meant to handle a top preoccupation of the #Ethereum community: ๐€๐œ๐œ๐จ๐ฎ๐ง๐ญ ๐€๐›๐ฌ๐ญ๐ซ๐š๐œ๐ญ๐ข๐จ๐ง.

Weโ€™ll go over why the proposal was necessary and what solution it offers.๐Ÿงต๐Ÿ‘‡ 2/

First, a quick note: #accountabstraction allows a contract to become the top-level account that handles fees and starts the execution of the transaction.
Aug 5 โ€ข 6 tweets โ€ข 2 min read
Bull or bear, the Biconomy juggernaut has been growing leaps & bounds every month!

July was no different! So let's look at our July metrics!๐Ÿ‘‡ Gasless โ›ฝ๏ธ

Gasless saw continued growth thanks to a number of new integrations with even higher gas savings for dApps!

Total Transactions: 1,172,799 (+32% MoM)

Gas savings $$ for dApps: $19,434.71 (+5% MoM)

Unique users: 209,196 (+18% MoM)
Aug 5 โ€ข 9 tweets โ€ข 2 min read
Whatโ€™s a Relayer Network?

1/9

Make a guess... Who are the unsung heroes of #Web3?

Not your micro-cap gaming tokens or๐Ÿ’ฉcoins for sure.

We'd like to think that Relayer Networks are the invisible MVPs of Web3 ๐Ÿ’ช๐Ÿผ

What are Relayer Networks exactly?

Let's dig in!

A ๐Ÿงต๐Ÿ‘‡๐Ÿผ 2/9

A Relayer takes individual orders and organizes them into an order book.

It's similar to what exchange does.

Except, a Relayer is NOT an exchange.

A Relayer helps users create, sign, or find orders to fill without holding any tokens.

Yes๐Ÿ˜ฏ, just WOW.
Aug 4 โ€ข 6 tweets โ€ข 2 min read
๐Ÿ“™ ๐–๐ž๐ž๐ค #๐Ÿ ๐จ๐Ÿ ๐๐ข๐œ๐จ๐ง๐จ๐ฆ๐ฒ ๐…๐€๐๐ฌ

Each week, we answer a frequently asked question around Biconomyโ€™s ecosystem.

Cool new projects are integrating Gasless to onboard users.

So whatโ€™s the best way to leverage Gasless?

๐™๐™ค๐™ก๐™ก๐™ค๐™ฌ ๐™–๐™ก๐™ค๐™ฃ๐™œ๐Ÿงต๐Ÿ‘‡ /2

There are 3 ways to make your #dAppโ€™s contract meta-transaction compatible with #Gasless:

โœ… via Standard EIP 2771
โœ… via Custom Implementation
โœ… via smart Contract Wallet
Jul 27 โ€ข 6 tweets โ€ข 2 min read
1/

The ultimate goal for Web3 developers is mass adoption of blockchain technology.

As they say, the best process is no process.

We think Smart Contract Wallets will play a massive role in simplifying adoption.

Here's why SCWs matter๐Ÿ‘‡๐Ÿผ

A ๐Ÿงต 2/

The two types of wallets we're familiar with:

๐Ÿ—‚ 'Hot' wallets โ€” Browser-based, like MetaMask and Coinbase Wallet Mobile App. Always connected to the web.

๐Ÿ—‚ 'Cold' wallets โ€” Connected only when in use, like Ledger and Trezor. These are less user-friendly.
Jul 26 โ€ข 4 tweets โ€ข 2 min read
/1 @metapassHQ is now Gasless! ๐Ÿ’ฐโ›ฝ๏ธ

And they have an innovative NFT use case already seeing adoption๐Ÿ‘‡ 2/

With MetaPass users can create events and sell NFT tickets complete with token gating for proof of attendance ๐Ÿคฏ
Jul 26 โ€ข 6 tweets โ€ข 3 min read
Are you missing out on the Biconomy Rewards Program?

Big time, anon!

๐Ÿ”ฅ1500 Biconauts have started attempting the quests and 268 have already completed at least one!

This could be you too because leveling up is ultra easy!

๐Ÿ‘‰ rewards.biconomy.io

๐‡๐จ๐ฐ?
๐Ÿงต๐Ÿ‘‡ Earn XP by doing tasks such as:

Stake at least 2K BICO at staking.biconomy.io for 30 days

or

Provide at least 1K BICO as liquidity on Ethereum at hyphen.biconomy.io/pools for 30 days

There are even more ways to level up. Discover all
Quests here๐Ÿ‘‡
rewards.biconomy.io/quest
Jul 25 โ€ข 17 tweets โ€ข 12 min read
๐Ÿ“ขBICO Weekly Degen Digest reporting LIVE!

Some serious alpha in the past week:

๐Ÿ”บETH is up ~40% in the last 30 days & BTC is up 8%.

๐Ÿ”บAVAX is up 31%, MATIC is up 57% & CRV is up 66%

Is it a great time to start deploying for builders?๐Ÿค”

Let's find out!๐Ÿงต๐Ÿ‘‡ Image /2

๐Ÿ’นMarket Updates:

While $ETH has released strong hopium in the market, macro indicators are still bleak and bleaker.

For the first time in the decade, the ECB has announced it's getting ready for rate hikes while there are rumors of a 100 basis point rise in the US.
Jul 25 โ€ข 8 tweets โ€ข 4 min read
๐Ÿ“ขWe're pleased to announce that our Proposal to bring Gasless on @optimismFND has officially PASSED!

With 98.61% 'YES' votes @biconomy's proposal has the highest approval % to have ever been received by GF proposal on Optimism.

Check it out
๐Ÿงต๐Ÿ‘‡ Image Proposal:

snapshot.org/#/opcollectiveโ€ฆ

Gasless is now LIVE on 11 chains๐Ÿฆพ

What does the future of dApp on #Optimism look like with Gasless?
Apr 29, 2020 โ€ข 6 tweets โ€ข 3 min read
The last few weeks have been awesome at Biconomy working on new features to make it super easy for developers to build frictionless web3 applications.

Our updates include:
1. Product updates
2. SDK Changes
3. Coming soon - Including Beta launch product info! ๐Ÿ˜‰

A thread๐Ÿงต 1/
Product updates:
1. External Contract Wallet support - meta transactions using external smart contract wallets via @argentHQ and @gnosisPM proxy contracts - check it out here
Gnosis - github.com/bcnmy/wallet-iโ€ฆ
Argent github.com/bcnmy/wallet-iโ€ฆ