The bridging landscape is messy, cross-chain is hard🤖
⭐️It won't be like that for long though⭐️
Keep an eye on
@movrnetwork
anon, you don't want to miss this 👀
Alpha Leak below 👇
This is such a game-changer honestly, never did I think 1year ago when we were starting that Socket would get this honour
"Powered by Socket" is literally what drives us everyday
Kudos to
@0xPolygonLabs
team on executing super well on Polygon Portal
Polygon Native Bridge UI…
Introducing HashCash2.0
- Create a personal token 🤡
- Receive an email with auto decreasing bond 📉
- Burn the bond if sender spams you 🔥
- Reward all your shareholders while preventing spam and keeping inbox clean 💸
More here:
Some hackers use bridges as pseudo-mixers because normal people can't read bytes and understand what happened in the bridge
can decode any-bridging tx, not just related to socket but any bridge, any UI, any chain
1.2TB of bridging data. use it.
thanks…
On our way to creating history with
@SocketDotTech
, an "aggregator" doing more volume than ANY underlying bridge with 0 token incentives
This has never happened in DEX, NFT markets, tell me why in the comments
Socket has already flipped ALL third party bridging solutions and…
FUND RECOVERY UPDATE
We have successfully recovered 1032 ETH from the funds involved in the incident on 16th Jan.
We will release a recovery & distribution plan for users soon.
Big shoutout to everyone who helped us from Seal911, Slowmist, Hexagate, & others:
@samczsun
…
OKAY GUYS
I think its really hard to get access to a team with all the below:
- long term mission
- hardcore team
- global scale (we flip uniswap every month)
- actually solving an important problem in crypto
Could be a live changing opportunity anon, hit apply
high bar to…
We are opening 7+ roles to join the bridge buildooor team at Socket!
↳ Sr Backend Developer
↳ Content Marketing Manager
↳ Developer Relations
↳ Community Manager
+ more, can be viewed here:
Let's supercharge interop together ⚡
How is socket December so far you ask?
1st December: released something secret for some secret people -- its YUGE
5th December: One of the biggest DEX aggregators becomes powered by Socket, congrats
@matchaxyz
12th December: Biggest L2 project
@0xPolygonLabs
becomes powered…
Rainbow partnered with
@SocketDotTech
to aggregate top bridges like
@HopProtocol
and
@AcrossProtocol
so users can always find the best bridging route.
When you review your trade, see your transaction’s route next to “Swapping via”
If you work on smart contract security or want to work on smart contract security.
Tag yourself or your security friends below
I promise it will be worth it👇
If you are building something out of India and specially if its consumer facing please reach out to me, will spend blood, sweat and $ to help in anyway
So many good teams building good stuff right now
@CopperxHQ
@obvious_in
@BrahmaFi
are top of mind for various customer segments
@kapursanat
@jdkanani
@Kautukkundan
honestly I think india is just not the right country for the stage crypto is in
I think the current breed of indian founders could be great for building consumer facing products for eg
@obvious_in
comes to mind
I think we are still in the infra cycle but slowly starting to exit…
after layer-2 the second most mis-used term I hear is: IBC
Most people dont understand what IBC is and use it to refer something it's not but "can" be in some cases.
Want a write up? Gimme engagement
You know its working well when your "competition" starts looking like you
Can copy everything, but cant copy innovation, be ready to copy
@BungeeExchange
V2 guys
This was always the goal, make bridging better for everyone.
hate this error on
@BungeeExchange
so much
unfortunately, sometimes its out of our control (wallets, RPCs, chains, gas)
but soon, no more "Execution Reverted"
we take things into our hands
2023 was fun, we started the year with 1B volume cumulative and closed at 1B volume monthly
+ got to work with the best of the best teams out there
2024 is going to be legendary
Its extremely funny to me that we are using technically sound arguments to decide why zkrollups haven’t taken off in comparison to optimistic rollups
Imagine saying “zkrollups are hard to verify is why no one is using them” when people are yeeting BILLIONS into rollups without…
@boredGenius
hope to see them succeed, expect everything will eventually be zk, and am a fan of the dev efforts
but imo they're a bit cursed today
either they're more expensive then ORUs (full data + ZK proofs vs just data) or they are less secure (state deltas + zk proof)
main problem w/…
Everyone is trying to build a interop solution and make it THE STANDARD
Whereas the reality is cross-chain is meshy, will remain meshy, embrace the messy mesh to win
Messy mesh tech
@SocketDotTech
Going back home after hanging out with
@SocketDotTech
fam, sleep deprived, fucked up throat and tired
5 days — work hard, play hard, build legendary radical projects that will most definitely change the trajectory
Never been happier
Introducing our
@ETHGlobal
#HackMoney
project --- CandyShop 🍬
- Allows people to incentivize trading on pools
- Reduces slippage for swaps on DEX's
- Removes off-chain arbitrage bots which work between DEX's
- Creates a lottery with huge prize pools
Woke up feeling violent gm
Time to finally talk about Manifold & FOLD
@foldfinance
Founder blatantly shills their token, lies, dismisses any contrary data/opinion w no explanation, deletes, & more
This has been a long & clear pattern btw, no one-off
Committed to solving rollup scaling/interop problem
Socket is the bridging leader in ethereum/rollup asset-bridging landscape doing almost 100m USD on somedays
Socket is NOT migrating to Solana. Fully focused on shipping the rollup-centric-future with leading rollup teams
Lots…
SUCH AN HONOUR. 🤯🙌
I went to
@hackinoutco
in my college second year and didn't have enough money to get there, but
@hackinoutco
changed my life to say the least and I'm glad I took the leap.
Once a hacker, always a hacker.
😎 Our featured builder,
@vaibhavchellani
, has been a Devfolio builder since winning
@hackinoutco
'17.
🔌 He is now building
@SocketDotTech
, a tool that simplifies building cross-chain application development for devs &
@BungeeExchange
, Google Maps for the multi-chain world 🌏
Bookmark this, 3 years later, we will someone raise at 1B$ for a rollup that fractionalises bridge deposits for yield and gives you free transactions on the rollup.
We will all love the idea and we will all invest.
@l2beat
please dont let this happen
Got to know that this is being powered by our
@SocketDotTech
, built by ex
@0xPolygon
guys!
We all know of Paypal Mafia of Web2, but few know Polygang of Web3🤌 😉
not attending denver or any travel in coming months, fully heads down. this is a very important year. people should not forget that the
#1
priority is shipping, and shipping, and shipping more.
not attending denver or any travel in coming months, fully heads down. this is a very important year. people should not forget that the
#1
priority is shipping, and shipping, and shipping more.
1/ We have all learnt that "build good tech and users will come" is unfortunately(for engineers) not true.
Personally, I have been vested in trying to scale
@ethereum
for last 3 years and am happy to see rollups finally get to production.
But, how will users come? 👇
Yes I am going to bull post in a bear market
Flipped
@Uniswap
on
@arbitrum
again...
Grateful for all the support so far, looking forward to the next leg up
Super impressed with the team
@worldcoin
Been supporting worldcoin since day1 with my work at Hubble
Proud to be working together with
@worldcoin
now as launch partners
Often in hiring calls people ask me why they should join Socket
My only answer is: Socket Ships
Socket is one of few orgs in the space that has real users using the infrastructure, is everywhere(massive distribution) and HIGH talent density in the small core-team
Grateful we…
Here is what L2’s would look like if they scaled Ethereum.
Wallets show you your assets on all chains.
Bridges and swaps are built into wallets so users can seamlessly move between chains.
If eth people want to see that in action today, try Keplr on Cosmos
LIVE: Bungee auto detects bridges facing infra problem and real-time updates the bridging-time
@BungeeExchange
users dont suffer, always win, here is another reason for you to be a Bungee maxi
Its kinda obvious if you look into the support tickets that everyone will be building their own wallets
Good 30% of problems users have are wallet related and wallets control a HUGE chunk of your user journey so YES everyone should build their own wallet and take the entire…
Working in the bridging space means waking up and quickly checking discord in first 0.2seconds after you wake up to make sure things didn't go south last night
Can hackers please hack during GMT+4?
Need a chad devops+infra engineer to slide into my DMs
Promise to provide the most exciting and exhilarating working experience with the best team on the planet.
RT if you want airdrops 👇
Proper build mode for rest of the year, will be at
@ETHIndiaco
with the whole gigachad team at
@SocketDotTech
Will be back on twitter next year, unless there is an important update to share
Really stoked to announce that I’m joining the
@socketdottech
team.
Will be helping the team on its way to becoming the number 1 player in the bridge space.
The bridge space is still nascent and yet absolutely crucial to crypto adoption.
But why Socket specifically? 👇
Bridging and swapping functionality is powered by our primary aggregator
@SocketDotTech
and others, finding you the fastest routes and most competitive prices.
good crypto teams in banglore please raise your hands, planning a travel soon and would love to set things up
mention the best teams based in banglore for $karma
Today, tracking bridge transfers is incredibly hard & we believe multichain users deserve better!
Introducing - The 1st Multichain Explorer
All Chains, All Bridges now a click away 💫
You should always go to 20 different bridging sites, DEXs, compare, make notes and enjoy the thrill of escaping phishing whenever you want to bridge
Yes yes make those spreadsheets, comparison charts so you get the dopamine hit of being productive
Never use
@BungeeExchange
@PrimordialAA
@0xJim
please dont assume what I have never said
light-clients will suffer from 51% attacks and so will all bridges that are not rollups
light-client bridge have the security of floor(val sets of 2 chains)
LayerZero has floor(oracle, relayer)
agree?
If you have this non linear component DM me, we are hiring aggressively across the board
We prefer to have a very small team size so hiring bar is very high, dont be disappointed if you dont hear back
My promise is, joining
@SocketDotTech
will lead to kickstarting your…
Best resumes have a non linear component to them. You can’t easily piece together how they got from point A to B in their career. Those are the candidates I want to talk to
To be really honest, chains and L1s need to take some of the responsibility for the bridge hacks.
If chains would have a better light-clients, we would have better bridging.
Hoping ETH2 fixes this, makes it possible to run an ETH2 light client on other chains.
All time high this month for us at Socket, looking to close in about 2B USD
alot of this is coz bull market, but still grateful for all supporters and haters
moisturised?
1/
Been thinking recently how block-space is never homogenous and is more like real-estate in a city than anything else.
Apart from security, decentralisation the other thing that matters is synchronous access to other valuable "legos"
Is chain-abstraction just cross-chain?
Short answer: No
Long answer:
To do anything across-chains you need to find a way to have these chains interpret what happened each other via some sort of a proof-system
Examples of proof-systems:
- light-client proofs
- zero knowledge…
🚨🚨 Multi-Chain Navigation System is here 🚨🚨
Signup frens, vroom-vroom on the cross-chain highways with FundMovr.
No bridge is perfect, every bridge is unique. Find out the right one for you here.
We are glad to introduce our first product, FundMovr, in the Movr interoperability stack for a multi-chain world!
FundMovr enables seamless cross-chain bridging! 🌉
Thread 👇
Shunning the Eth Maxi coat for abit, removing all biases and giving a look to:
- Cardano
- Solana
- Avalanche
- Harmony
- Polkadot
Anything else I should add to the list?