Autor

crypto researcher | writer | contributor

[Autor @autor_becker]

Your Trade's Process, Click & Confirmation 📰
@bulktrade

What we'll be exploring today is the process I personally find very fulfilling; how your trade is actually fulfilled behind the scenes on BULK.

It's not magic. Just 5 steps.

1⃣ You Make Your Order
◽️ You click "buy" or "sell".
◽️ BULK signs it.
◽️ Timestamps it.
◽️ Makes sure there aren't any duplicates by giving it a unique fingerprint.

2⃣ Your Trade Gets Broadcast to All Validators
◽️ Your trade goes to all validators instantly.
◽️ Over encrypted, authenticated channels, which means no one can tamper or intercept it.

3⃣ Validators Confirm the Batch
◽️ Every validator sends tiny "sketches" of their received orders.
◽️ More than ⅔ have to agree for a batch to become locked down.
◽️ No one made this decision alone, just consensus.

4⃣ Fair Ordering & Matching
◽️ The batch is then shuffled fairly between all validators.
◽️ Cancelled orders are considered first, then orders by makers, and finally takers.
◽️ Best price first, trade is matched.

5⃣ Positions Update & Solana Settlement
◽️ Positions get updated instantly.
◽️ And actual movement of funds settled on Solana
Completed

In my view, the beautiful part here is that no single step relies on trusting one person or company, every step is either math, or requires a supermajority to approve. That's what makes BULK genuinely different.

[Autor @autor_becker]

Why is Web3 still so difficult to use❔ 📑
@RialoHQ

Sure, you must have tried connecting a wallet. Or swapping tokens. Or minting an NFT. How did it go? Not smoothly, right?

Suddenly fees started skyrocketing. You were required to sign 5 pop-ups just to make a simple action. You used a bridge and wondered if your funds would ever arrive there safely.

Let's be honest: the blockchain isn't the issue here. It's everything that goes around blockchain technology: bridges, wallets, oracles, indexers. All these elements weren't designed with each other in mind from the get-go.

It's similar to using six different applications just to send a picture.

That's precisely the problem a recently emerged platform called Rialo aims to solve. They are counting on the next Web3 audience not becoming involved because crypto became even more powerful. Rather, they believe people will get attracted by the idea of making it invisible.

The underlying technology remains unnoticed, while the entire process becomes seamlessly smooth.
Does it even sound possible? We'll try to find out.

[Autor @autor_becker]

I would like to clarify what sets Seismic apart for me from other privacy solutions.
@SeismicSys

With a fintech solution based on Seismic, one not only receives privacy, but also three access tiers with each tier having its own key and door.

❓ How does it work

🔑 Your key => your door
You can check your own balance. And nobody else's but yours.

🔑 Auditor key => all doors are readable
The auditor can see any account's balance.
However, only in the read-only mode, meaning that he can not interact with anyone's balance.

🔑 Compliance officer key => all the way to go
He has access to all balances and is able to freeze the account should the law request it.

What matters the most for me here:

Even when someone who has the appropriate access level sees your balance, there's no data sharing, it doesn't even get published. Nothing gets posted on the blockchain.

Only you and your authorized representative will have that piece of information available and encrypted to his/her key.

These access keys are issued not at random, but by the building fintech itself.

[Autor @autor_becker]

@bulktrade I got mine, thank you

[Autor @autor_becker]

@hahayes Pump it, just hahayes name worths a lot, elon likes it a lot, it is tesla mascot, do not let rizo die

[Autor @autor_becker]

@Crypto__Coop @solsticefi @RyanDay @solsticemonk @ben_solstice @0xKairom @Iblamehsan I choose yield on solstice, it is reliable

[Autor @autor_becker]

@Hakan0xNFT @ActionModelAI Actionmodel is like a missing piece in crypto industry

[Autor @autor_becker]

@Iam_nex @GalaxySwapLabs So it seems something is cooking on the cardano

[Autor @autor_becker]

@oxpanda9 @USDPrivate This is a good mechanism, I reaaly like their design

[Autor @autor_becker]

@Orivex Zk sync would be one of the leaders of rwa sector in upcoming months

[Autor @autor_becker]

@captainsilv3r @CNPYNetwork Good evening, canopy provides a good infrastructure, bullish on this project

[Autor @autor_becker]

@Iblamehsan @solsticefi I think solstice has a bright future

[Autor @autor_becker]

@Mhmdrajabzadeh @tradehotstuff Good competition, I think it is worthy to participate

[Autor @autor_becker]

@Ziarimajid11764 @CanoP Canop is one of those places where users build and create value

[Autor @autor_becker]

@BIG_FRANKLIN01 I want free money, where is it

[Autor @autor_becker]

@KHFRHN @sleepagotchi Sleepagotchi focuses on what we qre doing every single day

[Autor @autor_becker]

@tonmaxis I am really impressed by what rallyonchain is doing in the web3 space

[Autor @autor_becker]

@muhitonx @StrikeRobot_ai Simulation-to-real technology is gonna be great

[Autor @autor_becker]

@kleaweb3 This is one of the good campaigns on binance

[Autor @autor_becker]

@Ichaka_001 We are so close to real adoption