Luke Streckenbach

Protocols @Figment_io

[Figment @Figment_io]

Hyperliquid is more than a new L1 👀

@HyperliquidX is a purpose-built protocol for onchain finance.

CEX speed, DeFi design, and a booming ecosystem, all onchain.

Here’s why it’s one of the most successful L1 launches in years 🧵👇

[Luke Streckenbach @luke_streck]

@leohenkels @defi_monk

[Luke Streckenbach @luke_streck]

@offdeblockchain @knowerofmarkets 🤝 https://t.co/xOHDey1miB

[Luke Streckenbach @luke_streck]

Conclusion & Full Report

L2's provide Ethereum users with much-needed reductions in gas fees and are a critical component of the future of Ethereum.

Check out the full report here:
https://t.co/me4P9Pzt0m

[Luke Streckenbach @luke_streck]

I recently wrote an article for @Blockchain_BC on the State of Ethereum Layer 2’s

A tldr 🧵 on Ethereum Layer 2’s 👇

(full article at the end)

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[Luke Streckenbach @luke_streck]

Validium/ zkPorter (2/2)

There are compromises made with off-chain data storage. If data is not available, assets can be frozen.

It is safest to store data on Ethereum (which is how true rollups work), but sacrificing this allows for much cheaper txs.

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