SamWell
@sammthefirst
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I create web3 content and maybe, memes when I feel funny | I'm bullish on Zama
web3
Joined February 2025
WHAT IS THE DIFFERENCE BETWEEN ZAMA FHE and AZTEC? @Zun2025 asked and I'm here to answer. First, I want us to understand that both @zama and @aztecnetwork want to bring privacy to the blockchain but they have a differing approach to achieve that. Let me explain. Aztec
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In all my life of being in web3, it has never been this boring ngl. And it keeps getting worse
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😂😂😂😂😂😂
🚨 Real Madrid lawyer: "Mr Laporta, in the Negreira invoices you paid, it says in this invoice you paid €60k worth of "Aloe Vera gift packs"? Can you explain that? Joan Laporta: "It was 20 years ago. I don't know. I don't remember that invoice." Real Madrid lawyer: "What about
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Do you have any evidence to show that you tried your best this year?
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FC Party at Citi(@CitiLounge) on Saturday will be fun. - only Wizkid songs (original and features) all night. Tickets on @partyverseapp: https://t.co/trR0ybHvmo
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🔷 Seismic will produce empty blocks when there are no pending transactions. These are just basic but I'll write a thread by weekend that will go into details about Seismic vs Ethereum (EVM). Follow for more 🙏
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🔷 they both use Solidity when writing codes, making developers feel at home. 🔷 they apply the same working principles when it comes to gas estimation and tx signing. 🔷 Seismic uses similar RPC method to reth.
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Even though @Seismic is a distinct L1 chain, I can't help but notice some similarities to Ethereum. And here they are 🧵👇
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this ting has to work because it feels like I have no direction rn
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Guys, this is submission for the #SeismicFintechInsights What do you think?
As of today, 24% of fintechs have integrated crypto that number is growing every day, and it isn't by chance Today, I'll answer 2 simple questions 🔷 Why are fintech companies integrating crypto 🔷 What role Seismic play in the process? a Thread 🧵👇 #SeismicFintechInsights
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As of today, 24% of fintechs have integrated crypto that number is growing every day, and it isn't by chance Today, I'll answer 2 simple questions 🔷 Why are fintech companies integrating crypto 🔷 What role Seismic play in the process? a Thread 🧵👇 #SeismicFintechInsights
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In the next few years, we are going to see a huge growth in the number of fintech companies that integrate crypto And Seismic will be integral to that growth, as it will provide the platform for fintechs to operate on the blockchain with zero compromise.
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🔷 On/Off Ramps Fintechs that make a commitment to come on-chain need an intuitive way to convert fiat to crypto, and vice versa To settle this, Seismic built in on/off ramps that the fintech companies can easily take advantage of whenever they need to go between fiat & crypto
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These tools help to automate and manage compliance-related tasks so that fintechs can seamlessly meet legal, industry, and internal standards.
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🔷 Compliance Tools There would be no reason to fully integrate crypto if in less than a year the fintech companies face various lawsuits for violating operational rules. Well, the @Seismic team foresaw this potential problem and integrated key compliance tools into their chain
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With Seismic, fintech companies can integrate crypto into a lot more of their services without being worried that their users' financial activities will be open to anyone who can use Etherscan or any other blockchain explorer.
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🔷 Built-in Privacy Seismic is a privacy-focused chain, and thanks to Shielding, every detail about a transaction is away from public view. This solves the confidentiality problem that fintechs have faced with crypto adoption.
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But that was until @SeismicSys came around. Their goal is to build a chain for fintechs. This means it has: - built-in privacy - compliance tools - on/off ramps
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When fintechs operate, the public eye can't see details about what they are doing. So for fintechs to come on-chain fully, we need to mirror this kind of confidentiality. However, the transparent nature of blockchain right now makes this impossible to do.
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