LightLink ⛓️
@LightLinkChain
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We are an Ethereum Layer 2 that simplifies blockchain interactions, making it easy to focus on building, growing, & discovering what’s next #DiscoverPossible
Metaverse
Joined October 2022
1/5 The LightLink DAO is coming!. It’s time to put the power where it belongs—in YOUR hands. While we finalize the tech, here’s a sneak peek at the decisions LL holders will soon control 👇
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Token migrations: the only time ‘out with the old’ doesn’t hurt 👇.
1/4 Think of token migration like this:. A shop offers to replace your 1080 Ti laptop with a 4080 RTX version at no cost. You keep the laptop, but it’s upgraded with way more power. That’s migration: swapping your tokens 1:1 for upgraded ones
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Complexity holds Web3 back. Abstraction moves it forward. Discover how 👇.
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Imagine still paying gas to send a transaction. Couldn’t be me 🫢👇.
1/6 Gas fees = the cost of using any blockchain. On Ethereum and most EVM L1s, it’s $1–5 per tx depending on network load. On LightLink, it’s always $0.00 per tx for any token and app with Enterprise Mode enabled. Let’s break it down 👇
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4/4 Want to see Bolt in action?. Check out our docs + examples. Clear, readable code speaks for itself. Don’t waste time on infra: Build, launch, and grow with Bolt 👇.
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3/4 With LightLink's Chain Abstraction, you build like Web2 while Bolt handles Web3 under the hood:. 1. Gas → zero.2. Wallets → managed IDs.3. RPC → simple API calls.4. Complex functions → just a few lines. That’s the power of Chain Abstraction
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2/4 Normally Web3 MVP development burns ETH and time on:. → Spinning up infra.→ RPC + wallet config.→ Paying just to test things. With Bolt, all of that disappears. You handle the product, Bolt handles the chain
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1/4 Building a Web3 MVP shouldn’t take days . but it does. You burn days on nodes, RPCs, wallet setup, gas configs, deployments, and endless debugging. That’s time stolen from your product. Bolt + Chain Abstraction gives it back 👇
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Migration ≠ loss. It’s an upgrade 🤝👇.
1/5 This week on Mythbusters: token migration. ❌ Myth: Migrating tokens means losing your old tokens.✅ Fact: Migrations are a 1:1 swap into a new standard with better features. You don’t lose value. You upgrade.
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Big congrats to @therollupco on hitting 50K 🎉. Always rolling out the convos that actually matter in crypto 🤭.
6 years later…50K🎉. Thanks to every guest, listener, and to all friends for being a part of The Rollup. Onwards and upwards!
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4/4 TL;DR. ✔️ Tokens can’t be upgraded directly.✔️ Migration swaps old for new at 1:1.✔️ Legacy fades, new tokens unlock features, utility, and integrations. Migration → keeping your tokens future-ready 🫡.
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3/4 Why upgrade?. The 1080 still runs, but the 4080 adds ray tracing and future support. Legacy tokens still work, but new ones unlock features and integrations.
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2/4 Why is migration essential?. Most tokens are ERC-20s with contract code that can’t be changed. Since you can’t patch them, devs create a new token with the same name and supply. Holders are then offered a free 1:1 swap.
1/5 This week on Mythbusters: token migration. ❌ Myth: Migrating tokens means losing your old tokens.✅ Fact: Migrations are a 1:1 swap into a new standard with better features. You don’t lose value. You upgrade.
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1/4 Think of token migration like this:. A shop offers to replace your 1080 Ti laptop with a 4080 RTX version at no cost. You keep the laptop, but it’s upgraded with way more power. That’s migration: swapping your tokens 1:1 for upgraded ones
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GMGM, woke up to see my contra say ‘crypto dead’ again (he’s been saying this since ‘09 btws)
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6/6 Gasless txs are like free stamps for your users. They onboard faster, stick around longer, and face zero friction. Turn gas fees into zero fees with LightLink 👇.
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5/6 LightLink’s answer is gas abstraction. Enterprises prepay gas in bulk at a discount, users enjoy gasless transactions. More activity offsets the cost which creates sustainable gasless apps at scale 💡
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4/6 But here’s the thing: fees can’t just vanish. They exist to:.✔️ Prevent spam.✔️ Prioritize transactions.✔️ Reward validators. Switching to stablecoin fees or removing fees altogether breaks the economics.
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3/6 Why are gas fees so confusing for new users?. → You can’t send USDT/USDC without ETH.→ Fees keep changing, hard to predict.→ Pay too little: Stuck tx, frozen wallet.→ $5 per tx kills small profits.→ Weird terms like gas, gwei, units.
1/5 🚦 Stuck transactions—why does this happen?. Ever seen a “pending” transaction that locks up your whole wallet? 😡. It’s almost impossible to get stuck on LightLink, but on many chains, it happens all the time. Let’s break down why transactions get stuck and how to fix it 👇.
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2/6 Gas fees are really 3 fees combined:. 🔹 Base fee: The minimum to get on-chain (spam prevention).🔹 Priority fee: Extra tip to get executed faster.🔹 Gas limit: The computation cap (cheap transfers, costly contracts). Put together, that’s the gas fee everyone dreads 😵💫.
1/9 LightLink Academy: What are gas fees?. Gas fees. Everyone complains about them, few actually know what they are. Today we’re covering:.🔹 Why gas fees exist.🔹 What they’re made of.🔹 How we keep them low (or remove them entirely 😏).🔹 How you can actually use this knowledge
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