Jammyaa2k

Blockchain Engineer

[Cosmos | Everstake @EverstakeCosmos]

1/5 An exclusive report issued by @everstake_pool covers a broad spectrum of $ATOM staking statistics and #Cosmos vibes in 2023 ⚛️

If you're a pro-ATOM enthusiast, this content is for you!

🔍https://t.co/s1YWqnKa2o

[Arcana Network @ArcanaNetwork]

Ready for Arcana’s $XAR TGE?

We’re kicking off the leadup to our TGE with a countdown campaign across the series of Intract quests.

Want a chance to take part in a future $XAR Airdrop? You’re on the right track of collecting XP points to share a big prize pool after TGE 👇

[W3SmartWallet @w3SmartWallet]

Pumppp! What we persistently built up during this harsh winter (#AccountAbstraction for Web3 mass adoption) will provide a sustained strength for this new #BULLISH season.

[W3SmartWallet @w3SmartWallet]

With Multi-account and Social recovery powered by #AccountAbstraction, losing access to your wallet is not even a big deal anymore 😎. Having your friends as your guardians, you just need to pick up your phone📱, contact them on social networks and have your #Web3Wallet back.

[W3SmartWallet @w3SmartWallet]

🥳Multi-account is out now!!!🥳
Thanks to the power of #AccountAbstraction, #W3SmartWallet's users now can use their social accounts to register and manage their wallets. Connecting and transferring assets to their acquaintances has never been easier and more convenient than now.

[toly 🇺🇸 @toly]

Lol, sqlami is an ethereum L2 via the wormhole eigenlayer

[Zerk @Rekt_Zerker]

$MATIC is upgrading to $POL

What that means and why it matters?

🧵 1/8

[Jammyaa2k @Jammyaa2k]

You are right @KKat7531, unlike Web2, security in the Web3 space really has to focus on prevention rather than focus on response.
Centralization is the most basic feature to distinguish a Web2 and Web3 application, but it is also this property that helps security in Web2 not be as heavily focused on prevention as Web3.
Centralized power makes it possible for the admin team of a Web2 application to quickly make decisions to patch or upgrade that application without the delay caused by decentralized governance like Web3. Furthermore, Web2 applications also focus on authentication and control of user data, which includes sensitive information such as National ID, residential address, bla bla, which helps minimize, investigate and respond to security threats. The opposite happens for Web3 applications, which give control of the data back to the user, the user being identified only through the blockchain address and public key. It will become more difficult for Web3 applications to trace the identity of a hacker with just his address.
So, with a Web3 application, it's best not to get hacked, use attack and exploitation prevention measures ASAP.

[Todorov @0xTodorov]

Why is crucial to be proactive when it comes to spotting vulnerabilities in web3? ⚠️

In Web2 security If data on a server is encrypted by ransomware, it can be “rolled back” to a clean version from a backup.
However, in web3, if attacks occur on the blockchain, these cannot be reversed.
This highlights the importance of prevention instead of remediation. Compared to web2, security of decentralised systems needs to be more proactive and prevention-focused, rather than response-focused.

[arya 🏴 @aryabhuptani]

Today's @MultichainOrg hack is a sad reminder of the systemic risks tokens face from bridges.

We believe these risks stem from a single underlying problem:

✨Token Sovereignty✨

We're proposing ERC-7281 (aka xERC20) - an open standard to fix this.

https://t.co/k9Vyd55Eb5

1/x

[Poopman (💩🧱✨) @poopmandefi]

crvUSD is the most hard-core stablecoin to ever exist.

Instead of facing full liquidation when borrowing CDPs,

crvUSD introduced LLAMMA 🦙, an algo that use soft liquidation to reduce impermanent loss during huge liquidation.

A very in-depth thread on crvUSD by @CurveFinance🧵

[BlockSec @BlockSecTeam]

1/ The PolyNetwork was attacked. There are multiple attack transactions. The attacker first locked a small number of tokens on the source chain and then unlocked more tokens on the destination chain.

[Constructive @constructive_io]

📢 An @osmosis swap example is now included in @CreateCosmosApp! 🚀 #DeFi $OSMO

[Stacy Muur @stacy_muur]

The L2 wars are heating up.

Optimism → Superchains
Arbitrum → Arbitrum Orbit (L3)
zkSync → Hyperchains
StarkWare → Fractal Scaling
Polygon → Value Layer

Want to ride this trend?
Dive into the cutting-edge world of L2 developments in one thread.

🧵 1/

[Toni Wahrstätter ⟠ @nero_eth]

Excited to share our latest research on blockchain privacy, specifically focusing on stealth addresses!

Special thanks to @msolomon44, @BenDiFrancesco and @VitalikButerin for the great collaboration.

Available at:
https://t.co/RK6eCBnCrv

Looking for a TL;DR?
There you go👇

[BlockSec Phalcon @Phalcon_xyz]

1/ @shidonetwork on BSC was exploited through a flash loan, taking advantage of the lock and claim mechanism, as well as the price difference between the two pools. Consequently, the attacker managed to steal 977 WBNB from the pool.

[W3SmartWallet @w3SmartWallet]

That's right, a multi-sig wallet will help users have a good night's sleep.
With the power of the guardian, your #SmartWallet account will be safe even if a hacker gets the owner's key.
He can't transfer your assets because the decision to do so is still in your guardian's hands.

[World @worldnetwork]

Every World App user receives a smart contract Ethereum wallet deployed on-chain.

World App uses account abstraction to improve the overall security of the wallet. Under the hood, this smart contract wallet uses Safe{Core}, an account abstraction stack by @safe.

[Jammyaa2k @Jammyaa2k]

@Mani_NFTz Niceee! Ahh, we are building a game-focused wallet based on Account Abstraction. Could you give me a chance to discuss about an integration? Thank you so much!

[🐸Smart🐸Contract🐸Programmer🐸 @ProgrammerSmart]

Tornado Cash Hack - How to deploy different contracts at the same address

Notes
https://t.co/5Th4RxSYTw

References
https://t.co/gGheSBPVYO

https://t.co/uiSEroa1JB

https://t.co/vvx4rtWuSX

Drawn with
https://t.co/ckPWgz9jUN

[Jammyaa2k @Jammyaa2k]

@BMANLead @vdWijden @ethereum @VitalikButerin @cyodyssey Hi, I'm starting to translate your content to English language. Do you not mind? Thanks