Apex Layer

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[vitalik.eth @VitalikButerin]

I take this seriously. Starting next year, I plan to only publicly mention (in blogs, talks, etc) L2s that are stage 1+, with *maybe a short grace period* for new genuinely interesting projects.

It doesn't matter if I invested, or if you're my friend; stage 1 or bust.

Multiple ZK-rollup teams have told me they're on track to be stage 1 by year end. I'm excited to see that happen!

Of course we should not throw away training wheels become we're actually confident that the proof systems are secure; that would be irresponsible. But stage 1 (75% threshold on council to override the proof system, 26%+ of council must be outside the rollup team) is a very reasonable moderate milestone. The multisigs I'm in have not had a single liveness failure in years, let alone 26%.

The era of rollups being glorified multisigs is coming to an end. The era of cryptographic trust is upon us.

[L2BEAT 💗 @l2beat]

A fundamental trilemma seems to affect optimistic rollups, making it impossible to design safe systems with fixed delays that are simultaneously protected by a 1-of-N honest assumption - we analyzed it in our latest article! 👇
https://t.co/YM77joJlYY

[NodeKit Ø @nodekitorg]

Today we unveil a brand new look for NodeKit and announce an important milestone.

Javelin, the first Superbuilder, is now agnostic and compatible with any protocol.

This paves the way for global composability and a wide variety of Javelin-powered products.

[Apex Layer @ApexlayerHQ]

@gregoryhemmer @FUN @OrangeDAOxyz This is really interesting! Starting something new takes a lot of effort. I also work more than 16 hours a day to make it happen. I'm particularly interested in OrangeDAO. Would you mind if I DM you?

[Apex Layer @ApexlayerHQ]

@gregoryhemmer This is really helpful. I often talk too much and forget if the other person wants to listen, like a walking advertisement. At least YouTube ads can be skipped without being rude.

[Apex Layer @ApexlayerHQ]

@dan_uptop @coinfund This made me realize many investors don't do thorough technical due diligence and just rely on docs, which can be quite different from actual implementation. For long-term, sustainable businesses, thorough due diligence is key. Hope you find the right person soon!

[Apex Layer @ApexlayerHQ]

@dan_uptop @coinfund This sounds super interesting! Last year, I was at a crypto conference and had some great chats at the party. People were buzzing about a protocol I was researching. They recommended it, but I found a big issue with its off-chain price feeding—it was vulnerable to manipulation.

[NodeKit Ø @nodekitorg]

Nodekit🤝Polygon

We’re thrilled to team up with @0xPolygon by bringing composability to CDK rollups and the AggLayer!

Together, we will scale web3 and solve fragmentation by restoring composability to Ethereum.

[Apex Layer @ApexlayerHQ]

@basicker_eth @YouAreMyYield Technically, there's no correlation between that, but in the blockchain world, emotions always drive the market. I think it will have a big impact because the platform could lose more than $3 billion in TVL in a very short time until they establish a new pool.

[Apex Layer @ApexlayerHQ]

@YouAreMyYield @DrZer_eth I couldn't agree more. I'm wondering why I just found you now.

[USD Denominated @YouAreMyYield]

The coming expiry of Pendle PT's on Thursday will be interesting to watch as almost 1M ETH worth 3.3b$ in LRT's will be looking for a new place to be productive

Many people bought these PT's when they were yielding over 30%, but new maturities are only yielding about 10% (and that number will go lower as people migrate)

Imo this will mark the top of ETH locked in EigenLayer, LRT's and Pendle for a long time as the golden farming days seems to be over

Important questions are:

◽️ How much of this ETH will be outright sold?

◽️ Can the LRT's hold peg?

◽️ How much TVL sticks for Eigen, LRT's and Pendle?

[Sirada @sirada_l]

New episode with @noah_pravecek of @nodekitorg

NodeKit unlocks composability across various L2s/rollups

Part of @a16zcrypto's Startup Accelerator & raised from @borderless_cap, @avax's @BlizzardFund, @PolygonVentures, @wormhole etc.

Read/watch below to prep for their TESTNET👇🏻

[Consensys.eth @Consensys]

ETHEREUM SURVIVES THE SEC.

Today we’re happy to announce a major win for Ethereum developers, technology providers, and industry participants: the Enforcement Division of the SEC has notified us that it is closing its investigation into Ethereum 2.0.

This means that the SEC will not bring charges alleging that sales of ETH are securities transactions.

[NZN Ø @Sp_Punks]

🧵 What is NodeKit? Let's dive in! 🌐🚀
@nodekitorg

1/ NodeKit is a groundbreaking project enhancing blockchain scalability, decentralization, and interoperability. It aims to address key challenges in the blockchain space with innovative solutions. #layer2 #scalability #rollup

[LRTintern 🦇🔊 @LRTintern]

So @Coinbase just launched its Smart Wallet, which is arguably the biggest step toward mass adoption I've ever seen since early 2017.

By removing the usual clunky UX, they're on their way to onboarding the next 1 Billion Users.

Thread below: 👇

https://t.co/6fvGEiTgKV

[Apex Layer @ApexlayerHQ]

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[Apex Layer @ApexlayerHQ]

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[Apex Layer @ApexlayerHQ]

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[Apex Layer @ApexlayerHQ]

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[Apex Layer @ApexlayerHQ]

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