乇-MUCH福
@emuch4pf
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in love w defi || web3 educator @BiaMuundi || content layer @LayerZero_Core | the future of interoperability || top @edexablockchain
𓂀 →
Joined November 2024
➥You should know: LayerZero (#1) ► LayerZero is a blockchain interoperability protocol that enables applications to communicate and transfer assets seamlessly across different blockchain networks. at the heart of LayerZero are messages– lightweight, standardized data packets
Just joined the LayerZero guild. Continuing my brave quest to explore all corners of web3!
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tagging some l0 top chads you should follow for content like this and more @rookie_of_Ph
@mayorkazzy
@obaben02
@krissibugon
@Norro_Web3
@oluwatopure
@rektoshii
@blueclarityone @domdotx
@Unendingfates @princess_i5
@MuteMastoor @ventifactxyz
@dubby__3th @mayaadere
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benefits of the ULN - enhanced security: by relying on two independent third-party entities, the system stays secure as long as they don't collude. - greater efficiency: reduced computational and storage overhead results in lower transaction fees and faster cross-chain
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3> security & cost: the ULN leverages decentralized verification through independent oracles and relayers (secure as long as there's no collusion). traditional nodes provide maximal security but at prohibitive costs, e.g., millions per day for major chains.
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key differences between the Ultra Light Node and Traditional on-chain Light Nodes 1> data storage: the ULN streams block headers on demand, minimizing on-chain storage costs. traditional nodes store full header histories, leading to high resource demands. 2> validation: the ULN
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> validation then occurs on the destination chain: the ULN checks the transaction proof against the block header received from the oracle. if they match, the transaction is deemed valid. > once validated, the cross-chain message is forwarded to the receiving application on the
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> the oracle, a third-party service like Chainlink fetches the block header from the source chain and sends it to the ULN on the destination chain. > independently (and without any knowledge of or coordination with the oracle), the relayer fetches the transaction proof and sends
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> it starts with a user initiating a cross-chain transaction on the source blockchain. this is picked up by the LayerZero Endpoint (a smart contract interface) that can't be shut down, ensuring an immutable flow of messages and providing the foundation for the two off-chain
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as a core component of LayerZero's architecture, the ULN is essential for seamless transactions and must be present on every blockchain connected to the network. here's how it works in a few simple steps: 🪜
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➥ You should know:LayerZero (#4) cross-messaging on layerzero might have seemed impossible, or at best, possible but not seamless, secure, or cost-effective without the Ultra Light Node (ULN). in fact, without it, LayerZero wouldn't have been different; it would just be another
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➥ You should know: LayerZero(#3) FAFO, a concept we mentioned in the previous post, isn't part of the core cross-chain messaging protocol. instead, FAFO (Fast Ahead-of-Formation Optimization) is a powerful, standalone technology developed by LayerZero, it is deeply relevant to
➥ You should know: LayerZero (#2) My last post on LayerZero was a quick one-and-a-half-minute read. In that same 90-second window, LayerZero would process roughly 41 cross-chain messages, enabling seamless interaction across different blockchains, while the protocol handles an
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Day 8 of the 100 Days Consistency Challenge 📍Become A Owner not A Consumer📍 Once you understand the Metrics about the Illusion of wealth building as Africans, everything begins to make more sense. Thanks to @web3bmedia and @Borderlessunn for this.
Day 7 of the 100 Days Consistency Challenge 📍How to Hook your Audience📍 P.S: Use a Headphone & Turn on High Video Quality For Toxic Experience 🤣🤣🤣 Disclaimer: @base is not a Scam and @VitalikButerin isn't Gay 😄
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to be completed soon.......... gm, ct. we can do great things with interop. in fact, let's do great things.
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GM, CT. Did you know? LayerZero [@LayerZero_Core] & Stargate [@StargateFinance], with Apex Fusion [@ApexFusion], recently unlocked native USDC liquidity for Cardano. Incase you missed it, let's get into details on why it is such a very important integration. 👇👇👇
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What if the only way to survive is to keep running? @_Deosky
@anonymous3crypt
@emuch4pf Meet Runaway Jones, the fast-paced adventure where danger hunts you at every step. No brakes, no breaks, just pure adrenaline. Are you fast enough to outrun fate? #RunawayJones
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As DeFi matures into its institutional phase, curation vaults emerged as the go-to abstraction for passive yield farming. But beneath the sleek UX lies a structural tension: —> The illusion of isolated risk management in a hyper-interconnected liquidity layer. 1/20🧵
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NUSD and sNUSD are live now on Stargate.
NUSD and sNUSD (@neutrl_labs) are live on Stargate. Neutrl have adopted the OFT standard by @LayerZero_Core, enabling NUSD and sNUSD to move between Ethereum and @Plasma at a perfect 1:1 rate, with no slippage. Stablecoins move on Stargate.
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