another week, another thread! this week, i took a look at @ambient_finance (formerly CrocSwap). i read about what Ambient offers and what sets it apart from other DEXs. a few notes (w/ help from some Ambient aliens!): 1/ the simplest way to describe Ambient is as a decentralized exchange where users can provide concentrated & constant-product liquidity on any two blockchain assets.

let’s use an example.

what if you could send and receive funds without revealing your address, but still prove the transaction happened?

i took a look at @nocturne_xyz, a protocol that aims to just this using account abstraction and zk proofs. also, A+ on their 🔥 landing page.

some notes 🧵 1/ imagine you’re a user that wants to set some tokens from your EOA to a private address.

you want the transaction to be private (the sender, recipient, and amount are hidden).

The 42-tweet thread on the newly dropped @eigenlayer whitepaper you didn’t know you needed (tho I highly recommend you read the whitepaper anyway, it’s very good)

Congrats to @sreeramkannan & team!

Let’s go:

https://twitter.com/eigenlayer/status/1627887300448485376

1/ EigenLayer is a set of smart contracts on Ethereum that allows you to use your staked ETH to secure other networks, or modules, & in return, earn extra yield.

These modules include:
• consensus protocols
• data availability layers
• oracle networks (like @sedaprotocol 👀)