Sig Network

Cooking on @CantonNetwork

Tradfi summer.

Stop thinking about chains as complete ecosystems and start thinking of them as layers. Ethereum has the best capital markets so use it. Polkadot has the best identity solutions, so use it. Midnight has the best privacy, so use it. Canton has the matching engine so use it.

First week back looking at @CantonNetwork and DAML with the team after a brief 8-year hiatus. A few things stick out: Canton is super weird. It feels like a completely different evolutionary path from everything post-Bitcoin, but it's highly purpose-built. This makes some things bafflingly complex (AMMs!) but others incredibly simple (intents, RWAs). If it's your first time, prepare for contracts that are themselves UTXOs(!), written in Haskell, and worrying a lot about who actually owns a contract. So many successful Defi products right now are off-chain matching engines with on-chain settlement (@CoWSwap, @Polymarket, @near_intents). Canton makes this architecture native "on-chain" with exactly the right level of privacy and global atomicity. This makes sense, at its heart it’s a settlement language and that's the thing it excels at. If they can get the cross-chain story working (hint @Sig_Network), this is absolutely where I'd build that kind of infra in the future. The divide between what's running on your local infra and what's running globally is also beautifully blurry. The contracts are the same, it's just a matter of who has the right to see what. There is also a bit of a cult of KYC in their DeFi apps. The vibe is "licensed entities dabbling in permissionless DeFi," whereas on most other chains it's, "I might geoblock North Korea once men with guns show up at my house." I think the happy medium here is more progressive onboarding ala CEXs. Finally, I realize I had absolutely no idea what I was working on when I was at @digitalasset. Thinking about it now is like remembering being lost in a city that’s now familiar. Definitely the most unique chain I've dived into in a while.

For those unfamiliar with @CantonNetwork and where it's going. Acting across chains only works with Sig Network.

✋

Building, building, building, building...

Making defi private since 2026

The price isn't the product

@TheKusamarian @grok what day is it today?

The stablecoin with the best reach will win axelar.network/blog/circle-in…

Soon everybody will have access to Bitcoin, Ethereum, Solana, Hyperliquid and Zcash just by connecting to Polkadot. Is that clear? Can you understand the reach of this? @Polkadot x @Sig_Network

Interoperability is becoming the base layer serious teams build on. Sig Network choosing @Polkadot for their next chain is a clear signal of where multichain is heading. Proud to support them as they expand their work on Polkadot. Big things ahead.

Watch the @Polkadotsub0 video from Sig Network X. And then this one on @TheKusamarian. The new projects joining the Polkadot eco are really sophisticated & real-problem solving. 🫡

S P A C E M O N K E Y S ˄͎ Podcast Solving Cross-chain? → Sig Network on Polkadot! feat. @DMillarDurrant w/ @GldnCalf Show Notes: David Millar-Durant (@Sig_Network CEO) dropped a wild interop idea at Sub0: give every smart contract its own private key so dApps can natively touch Bitcoin, Ethereum, Solana, Hyperliquid - whatever - without wrappers or sketchy bridges. If you’re tired of blockchain silos, this is the interview to give you hope for that full-interop future. Dive in ↯ 0:00 What is Sig Network 2:26 Virtual Parachains 6:15 Native BTC 7:21 Trust Assumptions 9:58 Selling BTC on the Street 13:12 Deploying on Polkadot 15:59 Bringing Industry to Polkadot 19:58 Roadmap

The next chain we're launching on is... @Polkadot Why? Because on Polkadot interoperability isn't an afterthought it's been there from the beginning. Adding Ethereum, Solana, Bitcoin, Zcash and Hyperliquid as Parachains, so every app is multichain by default. Full talk 👇 youtube.com/watch?v=R8a74u…

@inversion_cap There's so many defi products out there eking out single digits BPs of fees in crowded markets, who'd be the only product in the category if they were operating between Bitcoin and Zcash.

If we stole @inversion_cap's business model, which single chain products should we buy and make multichain?

Very much worth watching this debate between @hosseeb and @santiagoroel. The crux of the issue is switching costs. Today, it's easier to move your HQ from New York to London than it is to migrate a Dapp from Ethereum to Sui. That friction will allow L1s to extract massive value. But soon, switching chains will be like moving your office down the block. You’ll keep your state and users, forcing L1s to stop competing on moats, and start competing on product. Once that happens, the winners will be decided by DevEx and security budgets. AWS can’t do anything bare metal servers can't do, but they win because they make it faster, easier, and more reliable. That shift to product first competition is exactly what makes this industry grow.