Michelle Tian 🔺
@meeshtian
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always learning 🐉 Product at @avalabs | Previously @MorganStanley @Cornell All thoughts my own, not advice, and not the views of my employer.
Joined October 2022
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Pinned Tweet
It’s Thanksgiving, but I’m still getting asked - what’s the difference between AWM and Teleporter? 🤔
🌀Let’s break it down while you wait for the turkey to cook and your family to arrive🌀
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What is Teleporter & why is the "Age of Interoperability" on Avalanche such a big deal?
L👀k no further:
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Why is everyone so psyched for Durango, the next Avalanche Network upgrade?
Because it unleashes Teleporter, an EVM-compatible cross-Subnet communication protocol built on top of Avalanche Warp Messaging (AWM) and implemented as a Solidity smart contract.
huh????
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Had a great time chatting about the advent of custom blockchains at the Capitol yesterday.
It’s undeniable that Avalanche Subnets are fast, scalable, customizable, and affordable.
Like Cornell’s founding principle: “Any person, any study”
Any business, any use case.
@digitalassetcom
@CantonNetwork
@jpmorgan
@meeshtian
,
@AvaLabs
, unpacks the ability of
@avax
's speed and affordability using Avalanche consensus. "With evergreen subnets, financial institutions can explore tokenization and on chain finance."
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For the first time via
@coreapp
extension, users can now bridge 'native Ethereum USDC' on Ethereum to / from 'native Avalanche USDC' on Avalanche. This is HUUUGE.
Why? 2 main benefits:
1) Unifies liquidity
2) Reduces bridge risk
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Here's why you don't want to be missing out on BTC.b...
Always a great time chatting with
@MaxwellMelcher
and
@MattSchmenk
🤝
.
@avalancheavax
’s bridge has performed over $60B in transfers—a key factor in its rapidly growing
#DeFi
ecosystem.
In this Tech Talk, explore how
#Chainlink
Proof of Reserve (PoR) is helping
#Avalanche
increase the transparency of its bridged assets 📺👇
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The first C-chain to Subnet Avalanche Warp Message sent through Teleporter is now live on Fuji...
and it only took 4 seconds 👀
At 11 AM ET, the proposed Durango Upgrade successfully activated on the
#Avalanche
Fuji Testnet
TL;DR 🌀🌀🌀 (Fuji C-Chain can now verify incoming Avalanche Warp Messages)
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The time is now
So excited to finally share this with everyone! Try out Teleporter yourself at
The Age of Interoperability is here 🔺🌀
With today's launch of Teleporter, Avalanche becomes a seamlessly linked network of many chains that communicate so smoothly they feel like a single chain.
Let's dig in to Teleporter and all its amazing benefits 👇
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Some big things happening over here...
🌀🌀
1/ Teleporter, a new cross-chain messaging protocol built on top of Avalanche Warp Messaging, is now open for testing. 🚀
It provides smart contract developers an easy, native way to call contracts on other EVM-based chains within
#Avalanche
.
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If you're not a dev, this roadmap might not be clear... What's the impact to the user? Use cases? Here are two ambitious items on my personal wishlist 💫
1) More sovereign chains than there are countries in the world
2) 1bn+ transactions/day that settle faster-than-I-can-blink
1/N After much demand, it's finally here: a proposed roadmap for AvalancheGo, or how to build the future of next-gen blockchain networks by leveraging all the best components of of monolithic and modular designs into one.
Note, this non-exhaustive and requires ACP approvals!
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Three things the Avalanche Bridge cares about:
1) Security
2) Seamless UX
3) Speed
Proof of Reserve with
@chainlink
enhances security and offers transparency for any user 🌍
Since launching in July 2021, the Avalanche Bridge has processed over $68B worth of transactions, with $7B+ TVL at its peak.
Transparency has been integral to the Avalanche Bridge since day one, with Proof of Assets, and now with the integration of Proof of Reserves. 👇
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A long thread that demonstrates just how many exciting projects there are on
@avax
Let's goooooooo🔺
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1/
I just ran 3 consistent miles on a treadmill, and I can’t remember the last time I did that... Maybe 5 years ago?
So how did I do it and why? I was listening to
@stephenbuttolph
and
@LoganJastremski
talk and couldn’t stop - no exaggeration.
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Here's a simple analogy to better understand Avalanche Warp Messaging (AWM, a.k.a Warp) vs. Teleporter.
Stay tuned for more announcements soon... 🧐
AWM + Teleporter: Part 1
There's an Avalanche of Gaming Subnets coming. But how will these separate blockchains talk to each other?
@coopernicus01
asks
@meeshtian
of the Product team about Avalanche Warp Messaging & Teleporter in part one of our short video series.
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Teleporter is an EVM-compatible solution built ON TOP of AWM.
It facilitates seamless connections within the Avalanche ecosystem by providing useful properties to cross-chain applications that AWM does not provide by default.
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BREAKING NEWS:
Never seen before video of Patrick O'Grady dancing
Sustained 100k+ TPS, 50 validators (5 global regions), 10m accounts (2.5m active), One click script for anyone to reproduce the benchmarks.
Vryx is looking promising
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Last month, I joined
@GBBCouncil
at the U.S. House of Representatives on Capitol Hill to discuss real-world applications emerging from
#blockchain
and
#DigitalAssets
.
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Avalanche Bridge new dynamic fees are LIVE!
📣 Heads up: The Avalanche Bridge will be introducing a new pricing model on May 30th for the EVM bridge, providing cost-effective offboarding & competitive rates.
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This is the true fidelity test.
You can reproduce
@_patrickogrady
's *5 Billion Micropayments at 100k TPS* in your own AWS account by running this script.
You don't just have to see it to believe it, you can DO it ✔️
You can view the code that powered this devnet here:
You can reproduce these results (or modify any of the configuration like the number of validators) in your own AWS account by running this script:
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Avalanche Warp Messaging (AWM) is the foundation for how different blockchain networks (Subnets) communicate with one another.
It is set to be the interoperability cornerstone within Avalanche and can be extended to ANY VM.
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Super excited to share... 🥳
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Avalanche 🤝 JP Morgan
Avalanche 🤝 Citi
Avalanche 🤝 ??
Who's next?
@MorganStanley
@GoldmanSachs
@BankofAmerica
@WellsFargo
where ya at? 👀
Onyx by
@jpmorgan
and
@apolloglobal
have announced a collaboration under Project Guardian, leveraging
@LayerZero_Labs
to connect Onyx with a permissioned Avalanche Evergreen Subnet, which facilitated subscriptions and redemptions for funds offered by
@WisdomTreePrime
.
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I got thousands of chains all acting like ONE
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Processing 5 Billion Micropayments (at 100k TPS) with Avalanche Vryx and Vilmo
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With Teleporter, all you have to do is call the sendCrossChainMessage method. The message will be delivered by an AWM relayer, which is permissionless.
Yes, anyone can run an AWM relayer and get PAID to run one 🫡
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Moreover, it’s decentralized and eliminates additional trust assumptions.
There is NO reliance on additional third parties 🤯
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But AWM is a low-level primitive, it’s not easy to use it out-of-the-box.
Developers need to customize VMs to provide access to AWM and provide their own delivery mechanism for signing cross-chain messages (great...I know how to do that 🤥).
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Some examples of these properties include:
⚙️Cross-chain contract calls
🔐Replay protection
🔄Message retries
💰Incentives for delivery
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Note: Teleporter is currently in beta mode and NOT recommended for production use, but stay tuned for announcements coming very very soon 👀
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Epic
This was only a fraction of all the amazing developments on Avalanche in the last year 🤯
What project are you looking forward to seeing the most this year on Avalanche?
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Learn more about the relayer here:
Great, now you know the difference, but what do you do with this info? 🥱
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...loading...
Teleporter Explorer API 🔃
Pretty soon you'll be able to get all the Teleporter message info you need using Glacier 🏔️
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Pt✌️
Teleporter is a native interoperability protocol that is:
🛗Accessible - low barrier to entry with no infrastructure requirements
🧩Customizable - designed with minimal assumptions for seamless integration of custom use cases
💰Inexpensive - low gas fees
AWM + Teleporter: Part 2
Why build Avalanche Warp Messaging & Teleporter?
It's all about cross Subnet communication, as
@coopernicus01
gets into the details with
@meeshtian
of the Ava Labs Product team.
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BULLISHHHHHH 🔥
Great ideas need more than great tech. Success requires founders to master operations, marketing, user experience and more.
Introducing Codebase by Avalanche, an accelerator supporting early-stage web3 projects!
Applications are open today, let's dig into the details 👇
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Want a V8 engine with an affordable car like a RAV4?
No joke...
@JacobEv3rly
walks us through how you can get just that by building on the HyperSDK
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EVERYTHING is open source, so you can check it out now and build endless possibilities on top:
I’ll save use cases for another day. 🦃✌️
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gigabrain stuff right here
1/ Introducing Vryx: Fortifying Decoupled State Machine Replication
(How the
#Avalanche
HyperSDK Will Reach HyperTPS)
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Test test testing 🌀
AWM + Teleporter: Part 4
Are they available to test?
@meeshtian
gives development updates and tells
@coopernicus01
about , which allows users to start experimenting with the new tools right now.
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Check out this whitepaper explaining blockchain interoperability from MAS, Singapore’s central bank. Was lucky enough to help contribute.
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My presentation, "The Advent of Custom Blockchains" highlighted a few of the many innovative developments on
@avax
. You can watch my presentation here 👉
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Have you checked out yet? 🧐
16/ Try out ERC20 bridging between the three Subnets for yourself!
1⃣ Connect your wallet
2⃣ Grab native tokens (AMP, BLT, CON) from the faucet.
3⃣ "Mint" TLP (an example ERC20 token) on Amplify
4⃣ Bridge tokens to other chains
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Thanks to
@circle
CCTP (cross chain transfer protocol), there is no need for wrapped representations of USDC like USDC.e on Avalanche C-chain anymore.
Users can now seamlessly migrate their USDC from Ethereum to Avalanche and have it all be ~NATIVE USDC~
wowza 🥹
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These types of features are crucial to garnering the next wave of massive adoption
Pretty cool, Core 🦉
Core has integrated Avvy Domains, Avalanche’s native naming standard where you replace your long wallet address with an easy to use web3 username.
Search for any .avax username, send assets, track portfolios and more in Core web!
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Core mobile and Core web do not support this feature yet, but it’s cominggg 👀
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Meaning I could have a savings account on the JPM Chase Subnet, then purchase a coffee on the Starbucks Subnet. My $ can move seamlessly across these different networks without me having to worry about the payment rails and details (
@Chase
@starbucks
please go build this tyvm).
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Ok forget thatttt. Let's just focus on understanding the WHY.
Teleporter makes the grand vision of *hundreds of thousands* of interconnected blockchains (Subnets) viable.
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While counterintuitive, high TVL is not always the goal as the locked tokens on the source chain is an attractive pot of $ for attackers.
Reducing the *bridge* TVL (and transitioning it to *native* TVL) is a huge win for everyone (well, at least the good guys).
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Fast, secure and interconnected blockchains that seamlessly communicate with each other, all made possible by the release of Teleporter on Avalanche!
@meeshtian
, Technical Product Manager, and
@Michael_Kaplan1
, Engineering Manager, joined us on Spaces to discuss how it works,…
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Any smart contract developer will find Teleporter straightforward to use. If you don't...reach out to me! I'm taking notes and loooooove feedback 😆
Check out the course by
@AvaxDevelopers
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This is a big step forward towards a unified, multi-chain future 🤝🌍
Check out native USDC bridging in Core extension today!
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Native USDC means our funds are no longer locked anywhere. No additional layers of trust assumptions 😌
And lower bridge TVL means less incentive for attackers to exploit (swiper, no swiping), so we can sleep more soundly at night 😴
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11/
AWM is just a GLIMPSE of what the team has been working on. There’s a lot more coming soon… 🤭
Here is the episode again so you can catch all the other alpha leaked. Now time for a run?🏃♀️
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Pt 3⃣
The use cases are endless. Check out today!
AWM + Teleporter: Part 3
Can you teleport NFTs across Subnets?
@meeshtian
explains some of the Teleporter benefits to
@coopernicus01
, including the ability to take your virtual goods to other Teleporter enabled Subnets.
It's all about creating a seamless user experience.
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The actual implementation of this is quite complicated, but that’s why we have the big brains
@stephenbuttolph
@Michael_Kaplan1
@AaronBuchwald
Essentially, our P-Chain is the secret sauce that allows validators to send, attest, and receive messages.
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In this short blog you'll understand:
WHAT Teleporter is
HOW you can use it
WHY its differentiated from existing solutions
NEXT... you can leverage this communication protocol
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5/
So why should you care? Because this also enables low latency and fast finality - a transaction on Avalanche is ~2 SECONDS.
Wowsofastdidyoucatchthat? 2 secs is a lot shorter vs. Bitcoin's 60 mins. Using the Avalanche network, you can actually buy HOT coffee 😉☕
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3/
Snowball consensus - it’s just basic statistics. You’ll get it, I promise.
Think about pre-election polls. The whole population isn't sampled, but if you repeatedly and randomly sample small groups, you will ultimately get a pretty accurate overall representation.
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Great time at the NASDAQ closing bell ceremony today. Supporting women at Ava Labs, in blockchain tech, and everywhere around the world.
Come join me, let’s build together 🔺 DM me for details or a referral 🫡
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Teleporter opens up endless possibilities for developers and users.
Ungated access to information and data is key to a robust ecosystem, opening up new opportunities and promoting long-term sustainability.
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The Avalanche Bridge just got a makeover...👀💄 Check it outttt!
You can enable testnet mode directly in settings. GB
Important
#Avalanche
update:
The Avalanche Bridge at is moved to a different URL. The Avalanche Bridge now exists within Core web and can be found in the Core web command center and at , all with the same features and functionality.
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- C-chain first leg:
- Dispatch second leg:
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2/
Here's the episode:
Some of my favorite parts include the way they described:
1. Snowball Consensus
2. Nakamoto Coefficient
3. Avalanche Warp Messaging (AWM)
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8/
👀 aVaLAncHe wARp mEsSaGinG 👀
We’re super excited about this one if you haven’t noticed already.
AWM enables *any* subnet to send *any* message to *any* other subnet. Is that too many any's? 👉👈
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With Teleporter, bridging tokens or accessing oracle price feed data from another Subnet becomes a breeze.
You can get access to any data / info on another (public) Subnet to your Subnet.
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4/
Repeated subsampling is core to Avalanche as it enables scalability.
It doesn't matter if there are 20 validators or 20,000 validators; the number of consensus messages a node sends during a query remains constant.
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6/
Next, Avalanche has the highest Nakamoto Coefficient of PoS blockchains, at 26.
Higher Nakamoto Coefficient = more decentralization, as it represents the minimum number of colluding validators needed to disrupt a network.
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The future is multichain.
At
#AvalancheSummit
,
@AlexSmirnov__
,
@nickpayiatis
,
@AnettRolikova
and
@meeshtian
hosted an in-depth panel discussion on the opportunities, challenges, and potential impact of cross-chain interoperability.
Watch the talk here:
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@StarWarsOP
@avax
Not quite! Teleporter is an EVM-compatible solution built ON TOP of AWM. It provides useful properties to cross-chain applications that AWM does not provide by default. You can check these out here:
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@AvalancheIntern
send your application in stat
Now that Avalanche has a few years under its belt, many active community members have asked how they can get more involved in helping the ecosystem expand 🤝
Here's your chance to grow the Avalanche network and your Web3 career simultaneously by joining the Avalanche Ambassador…
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Okkk, what does that mean? Measuring decentralization provides a better idea of how secure the network is.
It’ll guarantee that you do indeed have the $5.95 to purchase your PSL 🎃 and that the transaction will go through.
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So finally, we arrive at Teleporter.
Designed to simplify cross-Subnet communication, Teleporter abstracts away the complexity, making it practical, fast, and affordable.
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Avalanche CLI makes it too easy to set up Teleporter support... 🤯
Avalanche CLI now supports Teleporter & Avalanche Warp Messaging! This new release supports creation & deployment of Subnets with Teleporter support in Local Network with support for Devnet, Fuji & Mainnet coming soon! See the demo in the vid below! Huge credit to
@FelipeMadero4
!
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But wait, isn't this technically possible already? 🤔
For a while now Subnets have been integrating with third party solutions to bridge tokens from the C-Chain to their Subnet, but these integrations can be arduous, time-intensive, have long lines or be costly 💰
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10/
The best part is that AWM is a primitive that any VM developer can use and build on top of.
It’s super flexible! You get to determine what the messages look like and how your VM will interact with these messages.
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This looks 🔥🔥🔥🔥🔥
Look at this amazing trailer for Off The Grid, the first
@GunzillaGames
title set to launch on the GUNZ subnet.
You may recognize one of the game’s creators, Neil Blomkamp, who directed the movie District 9. You may also recognize a particular NPC with a line in the game 👀
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Check out the first Subnet --> C-Chain message
The Avalanche Durango Upgrade activated successfully at 11:00 AM ET.
At 11:02 AM ET,
@camjamschultz
sent the first Avalanche Warp Message from a Subnet to the Primary Network (C-Chain):
Welcome to the Avalanche Interoperability Era! 🌀
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@riemann_ben
@_patrickogrady
@soispoke
Nothing restricting it anymore 😎
Non-EVM will need to determine things like the contents of the payload, how to aggregate the signature (VM-to-VM communication, off-chain relayer, etc.).
We do have plans to extend Teleporter-like support to other VMs.
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Bridge tokens from one Subnet to another.
Use an ERC-20 from C-chain (e.g. USDC, BTC.b) as the native gas token of your Subnet.
Obtain oracle data from any Subnet to your Subnet (for FREE).
The possibilities are truly endless
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It's much more than just a wallet 😮 Check out
@coreapp
now!
Navigating Web3 shouldn't be so fragmented and difficult.
@coreapp
's all-in-one command center has made it much easier for me to just focus on what I want to do on-chain, rather than how/where to do it.
Let’s dive into the features and benefits of Core with
@avalancheavax
🧵⬇️
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2) Focus on ~Intents~
This emphasizes WHAT users want, not all the nuances of HOW to achieve it.
Uber makes it so easy to get to your destination. I don't need to worry about a creepy driver, paying at the end, or navigating.
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There's a whole team behind the madness but special shoutout to
@Michael_Kaplan1
@camjamschultz
@mattlam_
@_patrickogrady
@AaronBuchwald
@stephenbuttolph
🫶
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Need a reminder on what AWM and Teleporter are and the differences? Gotchu:
It’s Thanksgiving, but I’m still getting asked - what’s the difference between AWM and Teleporter? 🤔
🌀Let’s break it down while you wait for the turkey to cook and your family to arrive🌀
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This is the FIRST *proposed* Avalanche Platform roadmap. Any feedback is welcome 🥰
Upcoming: we'll be releasing a view with description hovers to provide more info on what every box means.
As a reminder, this is the proposal! It's up to you to decide what's next 💫
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On 12/22/22, AWM (Avalanche Warp Messaging) went live on Mainnet: 🔺
At 6:42:29 AM UTC (1:42:29 AM ET) this morning, December 22nd, 2022, the first native Cross-Subnet Message was sent on
#Avalanche
Mainnet using **Avalanche Warp Messaging**.
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