1/ Cross-chain interoperability is coming, so robust bridges are vital.
17 Jan 2024, 17:52
1/ Cross-chain interoperability is coming, so robust bridges are vital.
Today, bridges have two approaches they can take to serve users: using canonical assets or representative assets.
Only one of these methods is trustless. Learn more below 🧵
Same news in other sources
817 Jan 2024, 18:07
AMPL/SPOT AMA is ongoing. Use this link to join 👍
AMPL/SPOT AMA is ongoing. Use this link to join.
AMPL/SPOT AMA is ongoing. Use this link to join 👍
https://discord.gg/qDM4BZue
17 Jan 2024, 18:07
🌐 Explore the latest from AGII!
Updates designed for simplicity in content creation and coding. Now supporting #AI code generation and multiple languages, #AGII is here for both experts and beginners. 💻🚀
Read more:
#Coinbase #Binance #Web3 #GPTs $AGII
Explore the latest from AGII. Updates designed for simplicity in content creation and coding.
🌐 Explore the latest from AGII!
Updates designed for simplicity in content creation and coding. Now supporting #AI code generation and multiple languages, #AGII is here for both experts and beginners. 💻🚀
Read more: https://markets.businessinsider.com/news/stocks/web3-platform-agii-adds-support-for-ai-code-generation-multiple-languages-1032974518
#Coinbase #Binance #Web3 #GPTs $AGII
https://twitter.com/TheAGII/status/1747681614103240887
17 Jan 2024, 18:06
JOHN LILIC UNLEASHED: Diamond Sponsorships Driving Telos Across Borders | Telos Talks
Introducing our next video in our series of EXCLUSIVE interviews with, Executive Director of the TF, John Lilic!
Topics:
🔹 Telos Community Shoutout
🔹 Upcoming Special Events in 2024
🔹 Onboarding New Devs to Telos
🔗 Share on X:
Twitter | Discord | Telegram | Reddit | Announcements
JOHN LILIC UNLEASHED: Diamond Sponsorships Driving Telos Across Borders | Telos Talks.
JOHN LILIC UNLEASHED: Diamond Sponsorships Driving Telos Across Borders | Telos Talks
Introducing our next video in our series of EXCLUSIVE interviews with, Executive Director of the TF, John Lilic!
Topics:
🔹 Telos Community Shoutout
🔹 Upcoming Special Events in 2024
🔹 Onboarding New Devs to Telos
🔗 Share on X: https://x.com/HelloTelos/status/1747680192229785881
Twitter | Discord | Telegram | Reddit | Announcements
17 Jan 2024, 17:52
5/ With intents, users can transfer value between chains at a high speed and low cost without taking on additional risk.
This is exactly how Across works, and it’s the key to its growing dominance in the cross-chain ecosystem.
5/ With intents, users can transfer value between chains at a high speed and low cost without taking on additional risk.
5/ With intents, users can transfer value between chains at a high speed and low cost without taking on additional risk.
This is exactly how Across works, and it’s the key to its growing dominance in the cross-chain ecosystem.
17 Jan 2024, 17:52
6/ This brings us to two conclusions:
Canonical asset bridging is the only secure way to transfer value, and intents designs are the best way to use canonical assets.
Learn more via our blog.
6/ This brings us to two conclusions:.
6/ This brings us to two conclusions:
Canonical asset bridging is the only secure way to transfer value, and intents designs are the best way to use canonical assets.
Learn more via our blog.
17 Jan 2024, 17:52
4/ Using canonical assets does not introduce new trust assumptions, but it can be costly and slow.
Many bridges use DvP mechanisms to transfer canonical assets, but there is a better method: intents.
4/ Using canonical assets does not introduce new trust assumptions, but it can be costly and slow.
4/ Using canonical assets does not introduce new trust assumptions, but it can be costly and slow.
Many bridges use DvP mechanisms to transfer canonical assets, but there is a better method: intents.
17 Jan 2024, 17:52
3/ Bridges that use representative assets do not require external capital as users simply lock up their assets and mint a new one, and they can do so at high speed.
But these solutions introduce trust: the user trusts that they’ll be able to retrieve their native assets.
3/ Bridges that use representative assets do not require external capital as users simply lock up their assets and mint a new on
3/ Bridges that use representative assets do not require external capital as users simply lock up their assets and mint a new one, and they can do so at high speed.
But these solutions introduce trust: the user trusts that they’ll be able to retrieve their native assets.
17 Jan 2024, 17:52
2/ Bridges that use canonical assets require external capital to fill orders quickly.
The bridge can only function if LPs commit capital to liquidity pools.
2/ Bridges that use canonical assets require external capital to fill orders quickly.
2/ Bridges that use canonical assets require external capital to fill orders quickly.
The bridge can only function if LPs commit capital to liquidity pools.