Ran Mishael

Lava Network 🌋 | @lavanetxyz

[the_interested_reader @theinterestedr1]

My son heard ⁦@lavanetxyz⁩ is hiring for Eng roles

[Lava Network 🌋 @lavanetxyz]

1/ Lava is building a decentralized infrastructure layer for blockchain RPC. We believe in scalable, private and uncensored access to Web3.

Already serving the @cosmos and @celoOrg ecosystems, and onboarding new chains everyday, here’s how Lava is shifting the paradigm 🧵

[Lava Network 🌋 @lavanetxyz]

As blockchain usage grows, so do the costs of running nodes - undermining a core tenet of web3.

To change the system, change the incentives.

[Lava Network 🌋 @lavanetxyz]

Decentralized access to blockchain data.

[Lava Network 🌋 @lavanetxyz]

Testnet update 🌋

• Lava’s testnet already supports 5 chains!
• Network upgrades are now running with Cosmovisor
• Implemented brand new UI/UX

That's all... for now 👀

[Lava Network 🌋 @lavanetxyz]

Thrilled to be building as part of the @Cosmos ecosystem ⚛️

Can't wait to bring Lava to the table.

[Lava Network 🌋 @lavanetxyz]

Another reminder:

1. Full nodes with RPC enabled handle read requests from their local state and transaction propagation, without reward.

2. Validator nodes validate these transactions and commit blocks, for a reward.

There’s a slight incentive misalignment here… 🤔

[Lava Network 🌋 @lavanetxyz]

Litepaper dropping this week.

Probably nothing...

[Lava Network 🌋 @lavanetxyz]

Centralized access to blockchain data is the biggest contradiction in web3 today.

[Lava Network 🌋 @lavanetxyz]

Scalability can be done technically - by load balancing traffic.

Credible scalability is when nodes are also incentivized to respond quickly and accurately - or face punishment.

Incentives and technology: both are needed for Web3 to scale.

[Lava Network 🌋 @lavanetxyz]

API access. Public RPC endpoints are rate-limited and suffer from a tragedy of the commons, while access to performant nodes relies on centralized services.

[Lava Network 🌋 @lavanetxyz]

Tornado itself can't be stopped because it's just a collection of smart contracts. Anyone can run a node and use it.

Access to the blockchain must be the same - unstoppable at the technology level and uncensorable.

Centralized RPC providers are neither.

[Cleper 🌋 @yaircleper]

Time to build something sustainable. 🌋
@lavanetxyz

[Cleper 🌋 @yaircleper]

Centralization at its fancy

[Lava Network 🌋 @lavanetxyz]

Testnet update 🌋
Lava’s PNET2 kicked off today with major upgrades:

• Conflict resolution and integration tools for developers were added
• Enabled permissionless onboarding of providers
• Improved network performance by optimizing block data

And many more improvements 👀

[Cleper 🌋 @yaircleper]

For web3 to be unstoppable, every part of the stack needs to be decentralized.

This is likely only the beginning of what's the come.
🌋

[Cleper 🌋 @yaircleper]

It is absolutely imperative that every part of this middleware layer is fully decentralized. Their centralization and a lack of decentralized alternatives mean that RPC requests to @TornadoCash were censored:

[Cleper 🌋 @yaircleper]

The Tornado Cash events of last week exposed a long neglected problem at the core of web3. RPC node infra, middleware used to query and send transactions to the blockchain, is centralized - and web3 access is therefore censorable.

[Cleper 🌋 @yaircleper]

Blockchain data is falling to the wrong hands due to centralization and lack of bulletproof Web3 infra.

We deserve better than this 🌋

[Zach Rynes | CLG @ChainLinkGod]

The majority of Web3 users do not run their own full node to interact with blockchains, but trust RPC Providers

With @infura_io, @AlchemyPlatform, and @POKTnetwork now engaging in censorship, this issue is more clear than ever

Expecting users to run full nodes isn’t the answer