chiapudding

Universal gas token #LINK

Following recent bridge exploits, Lido contributors are publishing the security principles behind wstETH’s multi-chain strategy, and why @chainlink CCIP was selected as the official cross-chain solution. The analysis covers how Chainlink CCIP delivers strong decentralization, native safeguards, and issuer control as default protocol-level guarantees, which insulates wstETH from a number of attack vectors behind the Kelp / LayerZero exploit. This decision was made last November by the Network Expansion Committee, with CCIP securing wstETH via 16 independent node operators, native rate limiting, and no vendor lock-in over token contracts. Read the full breakdown from Lido contributors: blog.lido.fi/cross-chain-se…

I don’t think people truly understand what’s about to happen with 𝕏 Money. This is Elon going back to his roots - back to x.com - and building what he always wanted in the first place: one place that runs your entire financial life. When he rebranded Twitter to 𝕏 in 2023, he said straight up that we’re adding the ability to conduct your entire financial world. He even said you may not even need a traditional bank account. Most people brushed that off. And now it’s becoming real. 𝕏 Money has already been live in closed beta internally within the company. A limited external beta is expected soon, and they’ve already secured money transmitter licenses in over 40 states plus DC. 𝕏 Payments is registered with FinCEN. Visa is officially partnered. You’ll be able to fund your wallet instantly, send peer-to-peer payments, move money to your bank, and eventually use a debit card. And I think this is just the beginning. This will probably start as a simple wallet where you can send money as easily as sending a DM. With this technology, you can pay creators, pay subscriptions, pay whatever bills, shop inside the app, get paid inside the app, and much more. Then, there will be high-yield savings, you can invest, you can get loans, have money market accounts, maybe even treasury access, cool smart cashtags that let you see live stock prices in your timeline and execute trades seamlessly, crypto integration, potentially full asset management… the list goes on and on… Elon literally said this is meant to be the central source of ALL monetary transactions. Bro… think about that for a sec. Your 𝕏 profile becomes your financial identity. Everyone you follow is already there. Everyone you interact with is already there. That social graph becomes your distribution engine. Like, you won’t need a separate banking app, no need for a separate investing app, no need for a separate payment app… this all lives where you already spend your time. Right here on 𝕏. Look at WeChat in China, which Elon always alluded to. Payments, messaging, shopping, investing - all integrated in one app. It handles $ trillions in volume and became deeply embedded in everyone’s daily life. Now 𝕏 is building the Western version of that, but with a more global reach, and xAI’s AI layered on top of all this. Before you call me crazy, you have to understand how big this opportunity is. Digital payments globally are measured in the tens of $ trillions of dollars annually. Even just capturing a small slice of that across hundreds of millions, and eventually a billion, users can change everything. 𝕏 already has the audience. That lowers customer acquisition costs significantly. Add fintech revenue on top of ads, plus float, plus lending, plus investing tools, and we’re talking about a completely different valuation profile. Now, $44B for this company looks like the bargain of the decade… this was one of the main reasons I invested in 𝕏. And if they execute the way they’ve executed at Tesla and SpaceX, this could truly fundamentally redefine how people handle $ . Most people today still see 𝕏 as just a social media app. I see it as the foundation of a financial system layered on top of a global network. Ultimately becoming the “everything” app. And this I believe is a once-in-a-generation opportunity. Elon is calling this a game-changer. I believe him.

A year ago I was in @rorypiant and @CatfishFishy's DMs talking bout deleting the rtj account. Its just Twitter. Why do i need this? But there is alot in that account. And its (somewhat) immutable. It is what is is. rtj is ded long live rtj $LINK everything

"The more value onchain, the better." @SergeyNazarov joined @_ashmorgan_ from @ethereumfndn at NextFin NYBW to discuss the alignment between Chainlink and Ethereum as the industry enters its next phase of institutional adoption ↓

"Web3 blockchain technology leapt forward with the introduction of oracles and their ability to bring off-chain data on-chain. GitHub, with over 4000 repositories touching Chainlink alone, shows just how popular oracles have become."—@IBM ibm.com/blog/web3-orac… IBM recognizes the key role that oracles play in the Web3 ecosystem by connecting blockchains to off-chain resources to help enable a wave of smart contract innovation from DeFi to parametric crop insurance and beyond. Given the importance of ensuring dApps have a secure and reliable source of external data, IBM also raises key considerations that oracle protocols must address: API maintenance, timely and secure data transfer, and oracle node management. Here's how #Chainlink tackles these challenges: API Maintenance Chainlink oracle nodes are highly configurable and can natively connect to any open or authenticated API. This capability is used across Chainlink services such as Data Feeds to fetch and aggregate data from leading data aggregation firms, abstracting API management from dApp developers. Timely and Secure Data Transfer Chainlink services are battle-hardened and time-tested, having delivered data reliably on-chain even during the most extreme network congestion and market volatility. Furthermore, Chainlink's upcoming low-latency oracles allow for the transfer of data on-chain to become significantly more efficient. Oracle Node Management In addition to the Chainlink documentation, resources such as the AWS Chainlink Quickstart further simplify the process of launching a Chainlink node. Chainlink Functions is taking this a step further by enabling data providers to make their data available to smart contracts without needing to manage oracle infrastructure. As the Web3 economy continues to expand, the role of secure oracle infrastructure will only increase in importance, with IBM noting, "The default option is Chainlink, which has significant adoption across layer 1 blockchains and protocols running within them."

Balcony, the leading platform for real estate tokenization backed by government-sourced data, is partnering with Chainlink to integrate the Chainlink Runtime Environment (CRE) to power $240B+ in onchain property assets. CRE enables @balconytech to leverage verifiable, government-sourced parcel data onchain, establishing the foundation for transparent, programmable tokenized real estate assets to unlock liquidity, accessibility, and trust in the world's largest asset class.