NCD™
12.8K posts

NCD™
@NCD_0x
early adopter | still learning | share me your thoughts
X Katılım Kasım 2024
755 Takip Edilen863 Takipçiler

For a driver born without arms, FSD Supervised is life-changing accessibility
“I was born without arms and have driven with my feet my entire life. I’m a fully licensed driver, and traditionally I drove with my left foot on the steering wheel and my right foot handling the gas and brake. My only legal restrictions are automatic transmission and power steering.
Over the years, though, the strain from my congenital birth defects has led to significant arthritis in my hips. I drove a Model 3 for the past seven years, and it honestly helped extend my independence in a huge way.
Recently upgrading to the Model Y – along with Full Self-Driving – has been a complete game changer for me.
It dramatically reduces the physical pressure and fatigue of driving and has helped preserve a level of freedom and mobility that means a great deal to me.
Most people understandably think of Tesla in terms of innovation or sustainability, but for some of us, this technology truly becomes life-changing accessibility.”
– John F.

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@zksync is now building the real thing for institutions.
When industry stalwarts like former Comptroller Brian Brooks choose to build here, it signals a shift from speculative experimentation to institutional-grade execution
The Cari Network brings tokenized deposits from over $600 billion in US regional bank assets.
Add more participants and the network effects compound quickly:
This creates a dense, non-custodial mesh where regional liquidity flows as frictionless as email,that drives shared liquidity and faster settlement, all secured by zero-knowledge proofs.
The $ZK token acts as the connective tissue for this ecosystem, powering the ZKsync Gateway’s throughput and ensuring the economic finality of every settlement, whether public or permissioned.
It governs the protocol and pays for the ZKsync Gateway, which handles settlement across both public chains and permissioned zones.
This is not about replacing traditional finance. It is about extending it, giving regulated capital a way to become programmable and interoperable.

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The shift of traditional finance to onchain infrastructure is not a matter of adopting a new asset class but rather a fundamental re-engineering of how value moves globally.
The current financial system is a miracle of scale held together by manual reconciliation and trillions of dollars in idle collateral. To modernize this, we must replace legacy trust with mathematical certainty.
Global financial assets exceed 500 trillion dollars, yet the infrastructure supporting them remains fragmented. In the current correspondent banking model, cross-border payments rely on a system of Nostro and Vostro accounts. This requires banks to maintain vast pools of pre-funded liquidity across various jurisdictions simply to ensure that payments can clear.
The daily turnover in global foreign exchange markets is approximately 7.5 trillion dollars. Under the T+2 settlement standard, capital is locked and exposed to counterparty risk for 48 hours or more. By transitioning this activity to zksync, we move from settlement by reconciliation to atomic settlement. When the trade and the settlement are the same cryptographic event, the need for massive pre-funding evaporates, potentially reclaiming billions in dead capital for more productive use.
▎Why Prividium
Public blockchains in their raw form are incompatible with the mandates of global institutions. A financial entity cannot operate on a ledger where every trade, balance, and counterparty is visible to competitors and malicious actors. Furthermore, regulatory compliance requires strict control over who can interact with a specific environment.
Prividium provides the necessary architecture by utilizing the ZK Stack to create private execution environments. This enables a three-pillar solution:
1. Confidentiality: Trade logic and sensitive data remain off-chain and private.
2. Verifiability: Zero-knowledge proofs (ZKPs) allow an institution to prove a transaction is valid and compliant without revealing the underlying data.
3. Integrity: These proofs are settled on Ethereum, inheriting its security and decentralization without sacrificing institutional privacy.
▎Structural Comparison: Legacy vs. Programmable
The legacy system is built on a Series of Ledgers model. If Bank A sends funds to Bank C, the transaction passes through intermediaries, each of whom must update a siloed database. This process is prone to human error, requires massive back-office departments for reconciliation, and is restricted by banking hours.
Onchain finance operates on a Single Source of Truth.
• Trust: Legacy systems rely on legal recourse and human intermediaries. Onchain systems rely on cryptographic proofs.
• Speed: Legacy settlement takes days. Onchain settlement is near-instant.
• Availability: Legacy systems operate on business days. Onchain infrastructure is 24/7/365.
• Cost: Reconciliation is a multi-billion dollar expense in TradFi. Onchain, the math is the auditor, reducing the friction tax of global commerce.
▎The Path Forward
We are moving away from a financial system where we "don't trust, but verify via third-party auditors" toward a system where we "can't be evil because the code prevents it."
Prividium represents the bridge for this evolution, allowing the world’s largest institutions to leverage the scale of @zksync and the security of Ethereum while maintaining the privacy and control required for a functioning global economy.

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What could you be possibly thinking?
۟@lacedheels
elon needs to let us add music to our tweets
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figured you have to keep having over 5M impressions in your 3M analytics to get paid.
incase you see me under thirsty japanese comment section, mind your business 😂🙏

Popefada@Only1Pope
this is worst than hantavirus , just when i was about to get paid. 💔💔💔💔💔💔💔💔💔💔💔💔💔💔💔💔💔💔💔💔💔💔💔💔💔💔💔💔💔💔💔💔💔💔💔💔💔💔💔💔💔💔💔💔💔💔 💔💔💔💔💔❤️🩹❤️🩹❤️🩹❤️🩹❤️🩹
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