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831 posts
@ryanzarick
Co-Founder and CTO @LayerZero_Labs
1/ Today we’re launching NX8 — a crypto-native index product designed to track the top Layer-1 networks that underpin crypto’s most proven use cases. It’s issued by OpenDelta and built in a strategic partnership with @nansen_ai. Built for long-term, disciplined onchain wealth creation.
The performance limitations of our industry – capped at around 10K TPS across all existing blockchains – cannot serve systems that demand millions of transactions per second. This means the largest organizations in the world cannot move onchain despite wanting to. We are offering the scale of legacy finance at the speed of the internet, with the underpinnings of the principles that matter. Zero is decentralized, permissionless, and censorship-resistant. It is the last blockchain because it is the first to scale to house all operations for systems like the NYSE, the DTCC, and Citadel Securities. Adoption of Zero isn’t about tokenization or a simple stablecoin implementation – it is about replatforming entire business models onto what we believe to be a better internet: blockchain. We can’t wait to bring Zero to the world later this fall with our world-class partners, who are genuinely the foremost experts and leaders in how markets work. I can’t think of a better group to build solutions with during the transition of global markets onto permissionless infrastructure. Much more to come. It’s time to build without compromise at scale.
Why Zero? A conversation with @citsecurities, @The_DTCC, and @ICE_Markets. Speakers: - Dan Doney, CTO of DTCC Digital Assets - Marcin Sablik, Partner at Citadel Securities - Michael Blaugrund, VP of Strategic Initiatives at Intercontinental Exchange
Why Zero? A conversation with @citsecurities, @The_DTCC, and @ICE_Markets. Speakers: - Dan Doney, CTO of DTCC Digital Assets - Marcin Sablik, Partner at Citadel Securities - Michael Blaugrund, VP of Strategic Initiatives at Intercontinental Exchange
The FCAT DVN is now live on @LayerZero_Core! The DVN offers foundational infrastructure for institutions seeking trustworthy cross-chain operations. Leveraging LayerZero’s neutral interoperability infrastructure with FCAT’s verification capabilities, @OndoFinance is the first organization to use the DVN. Check out the full story now: fcatalyst.com/trends-and-sig… #FCAT #Web3 #Interoperability #Blockchain
The Ethereum 5-year roadmap is fairly vague, so we base our high-level understanding on this post: @oK3in1lRQ7-pt7b3j8nQxg/Hk9KBHsGgg" target="_blank" rel="nofollow noopener">hackmd.io/@oK3in1lRQ7-pt…
In short, Zero combines: 1. The real security of Ethereum's L1 zkEVM roadmap. 2. The horizontal performance scaling of the L2 roadmap. 3. Bespoke Atomicity Zones (STF diversity) 4. Trustless Native Interop between Atomicity Zones. 5. Asymmetric latency (Ultra low latency in one Zone and multi second latency in another) ZK Currently Ethereum has not picked a zkVM to enshrine or stated whether or not it will be one or many zkVMs. They are not building any inhouse at the EF that I’m aware of and are dependent on external teams. We evaluated all zkVM tech and chose the Jolt research project as our foundation because it (1) actually scales linearly with additional GPUs, and (2) with future protocol and system optimizations (e.g., lattices, GPU kernel optimizations) the unit economics will vastly outpace all other zkVMs. We built a inhouse ZK team made up of world class cryptographers, ASIC designers, and GPU developers to make Jolt Pro. Jolt Pro will scale to a THz cluster and will be able to support real time proving for our high performance needs. Statelessness Zero implements something similar to weak statelessness. You can find more context here, along with a brief explanation of why Block Producers aren't a concern for centralization: We do not have strong statelessness (where the beacon chain state is just 32 bytes). That would require many beacon chain messages to include large plaintexts with opening proofs. However, our settlement layer architecture is designed from the ground up for weak statelessness. Architectural Differences In the Ethereum roadmap, they loosely claim to bifurcate the network into builders and attestor/includers to create enshrined shards. This is likely the parallel between Zero and "zk-Ethereum." Our Block Producer has a similar role to a builder, and settlement layer validators do the job of attestor/includer. However, there are still key architectural differences: - Block Production: Our Block Producer is allowed to produce blocks, whereas the builder is not. Our settlement layer design allows the Block Producer to give ultra low-latency preconfirmations during periods of settlement layer asynchrony without introducing additional trust assumptions. This design enables determinism; preconfirmed transactions won't be "reorged out" unless network conditions remain bad for an unrealistically long time. - Validator Load: Our beacon chain essentially only runs consensus. Each validator stores only the minimum set of information to efficiently perform consensus. Proof of Stake and our enshrined governance are moved into the System Zone. This allows our beacon chain validators to achieve what Ethereum refers to as weak statelessness. - Zones and Interop: Our architecture is designed to scale to multiple unique Zones with universal interop. To our knowledge, Ethereum does not have a clear roadmap for sharding the L1 into multiple asynchronous shards like our Zones. ZeroOS enables a diverse set of bespoke zones (trading, payments) that are significantly more efficient than traditional blockchain VMs.
We built Zero because we had to. Because we felt an obligation to protect the ideas that matter. This is not another incremental L1. It is a decentralized alternative to AWS and GCP.
“ @LayerZero_Core could have launched another token for the Zero Chain and pump it to $5B FDV, but they didn’t” ZeroSpace with @Steve_4P
