Layne Haber

interoperating | ex founder @EverclearOrg (prev @Connext). subpar at bios.

[Layne Haber @LayneHaber]

I wonder what the implementation code looks like

[Paul W. Swaney III @paulswaney3]

@Wild_Bill32 https://t.co/c5kiCdspqk

[maxlomu 🤌 @maxlomu]

Really proud to have worked with the great minds that that built all of this.

Connext led the way in so many interop innovations

“Partial success”

[Layne Haber @LayneHaber]

You know you’re taking too long with your PRs when your coworkers start posting shit like this

[Connor Justice @marxandmarkets]

You could say I wear many hats

[Layne Haber @LayneHaber]

@bettermoney_co Wait what I thought we were slaying better money best team did something change in the rankings since I announced?!

[Layne Haber @LayneHaber]

Excited to share I joined @bettermoney_co !

New financial infrastructure who dis

[Sam Broner @SamBroner]

https://t.co/CaC7jt3dBs

[Layne Haber @LayneHaber]

@imtimaj @bettermoney_co Thanks!

[Layne Haber @LayneHaber]

@marxandmarkets Isn’t a criminal yet*

[Layne Haber @LayneHaber]

@hrkrshnn Love it

[Layne Haber @LayneHaber]

@DZack23 @RHLSTHRM @arjunbhuptani @EverclearOrg Ser means a lot coming from one of the best 🫡

[Layne Haber @LayneHaber]

A tad late here, but had to take a beat to process. Incredibly thankful for @RHLSTHRM @arjunbhuptani, the team, and everyone who helped make the project what it was.

@EverclearOrg will always hold a special place in my heart. The dream of a better financial system continues!

[arya (fka. arjun) 🏴 @arjunbhuptani]

We've made the difficult decision to wind down @EverclearOrg.

@LayneHaber @RHLSTHRM and I started Connext (later Everclear) in 2017 to help solve the painful UX holding Ethereum back from mainstream adoption.

Over the last 9 years, our team:
- Shipped the first production L2 (using state channels) in 2018.
- Contributed to the creation of the @MolochDAO, catalyzing renewed interest in DAOs.
- Pioneered the first intent-based bridge in 2020.
- Created the Chain Abstraction vision and demonstrated it's potential for staking/restaking protocols.
- Pushed forward ERC-7281 as a neutral, open standard for bridged tokens.
- Brought clearance to DeFi.
- Processed over $6B in network volume.

Throughout that time, we've also done our best to stay true to our principles and the crypto ethos; pushing for a higher bar of transparency and trust-minimization for ourselves and the space at large.

Even though this isn't the ending we ultimately wanted, I am *incredibly* proud of what our team has accomplished and grateful to those who have supported us all of these years ❤️

Longer post-mortem coming soon.

In the meantime, if you are a team that is hiring: we have a team of 10x operators who have executed ruthlessly through some of the harshest market conditions on shoestring budgets. Reach out!

[Layne Haber @LayneHaber]

@FUCORY @c_pick I always thought it was a riff on actual smithing (with metal) not the Simpsons references

[Layne Haber @LayneHaber]

@rjdrost @dberenzon Never wrong only early!

[Layne Haber @LayneHaber]

Someone who worked at the EF once told me the best thing they do is unify the community by creating a common enemy

Anyways I think they’re doing great

[Layne Haber @LayneHaber]

@RHLSTHRM 💕

(But actually are state channels seriously a thing again)

[Layne Haber @LayneHaber]

@CambrianNetwork @Ja_Brann A fellow dreamer eh

[Layne Haber @LayneHaber]

Excited for the approximate 6 weeks where everyone takes security super seriously

[Layne Haber @LayneHaber]

@joddoss AFAIK many of the large ones are elected

Not sure if that’s really a great move because the overlap of the best security people and people who have interest and skill to run a DAO political campaign is …small

[Layne Haber @LayneHaber]

@0xAvious Then by definition there shouldn’t be the same tools for these types of situations

That would (likely) resolve to some DAO-initiated process, which is similar to social consensus if the L1 forks. I think many rollups will get there, but I also think many rollups won’t want to

[Layne Haber @LayneHaber]

Security councils exist and hold immense power. Yes, they’re a double-edged sword — but that tradeoff is true of every break-glass mechanism in software. If you have one and don’t use it in situations like this, that is just negligent

[Arbitrum @arbitrum]

The Arbitrum Security Council has taken emergency action to freeze the 30,766 ETH being held in the address on Arbitrum One that is connected to the KelpDAO exploit. The Security Council acted with input from law enforcement as to the exploiter’s identity, and, at all times, weighed its commitment to the security and integrity of the Arbitrum community without impacting any Arbitrum users or applications.

After significant technical diligence and deliberation, the Security Council identified and executed a technical approach to move funds to safety without affecting any other chain state or Arbitrum users.

As of April 20 11:26pm ET the funds have been successfully transferred to an intermediary frozen wallet. They are no longer accessible to the address that originally held the funds, and can only be moved by further action by Arbitrum governance, which will be coordinated with relevant parties.

[Layne Haber @LayneHaber]

@0xAvious Mm kind of object to a security council being framed as a secret since it’s publicly elected / disclosed.

My point is as long as you have these mechanisms you should use them rather than refuse to because it violates some principle the existence of the council already violates

[Layne Haber @LayneHaber]

@jinglejamOP Man this is great but my guess is you’ll have to repost sometime in the future 😅