Is anyone using CrosschainERC20 from @DeFi_Wonderland? Look | WillPapper on Binance Square

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Is anyone using CrosschainERC20 from @DeFi_Wonderland?
Looks like the best of both worlds by combining SuperchainERC20 standards and xERC20 standards into one token. Curious about people's experiences with it

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Good to be back @EdgeEsmeralda to see how everyone deeply cares about making crypto and emerging tech a better place

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I am consistently disappointed by the vulnerability communications from major zkVMs. One buried a critical vulnerability by refusing to share on socials, instead quietly dropped it on their blog until pressured to post on socials. Another one posted the critical vulnerability on socials, but in highly technical terms with zero description of user-facing impact. (i.e. That it seems to break the majority of proofs.) These are two of the most respected zkVMs. We use them in our stack. But they are not communicating openly and clearly about critical bugs that break their proof systems. As a team using zkVMs for critical functions for our upcoming mainnet, it hurts our trust in these systems and damages zkVM adoption as a whole. With @eth_proofs coordinating initiatives across the two dozen zkVMs in development, I hope that we can get to better standards soon.

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Most people don't realize how many EVM chains exist. @Dune supports 100+ chains, with 30+ of those EVM. @Alchemy has dozens. @l2beat lists a total of 157 L2s/L3s. DefiLlama lists 264 EVM chains Adding one more chain isn't as big a hurdle when everything is going multi-chain.

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Snapchain provides an elegant solution to one of the core problems in crypto infrastructure: the tradeoff between data availability and data storage. (With more time I may write up a dive deeper on how it works under the hood). The TLDR of Data Availability vs Data Storage: systems great at publishing data (Celestia, EigenDA) are not so great at storing it. Systems great at storing data (Arweave, IPFS) are typically not so great at publishing it. Snapchain sits elegantly between these extremes with a few key innovations: Committee Structure: Snapchain proposes an elected committee of nodes responsible for both making data available AND storing it. This addresses the core issue where previous systems only handled either one or the other. (Though this part is the most likely to change, and was drawn from some earlier drafts.) State Rent: Instead of paying once for permanent storage (expensive) or only ensuring short-term availability (limited), Snapchain implements "state rent", a concept Ethereum has discussed since 2018 but never implemented. Users buy credits for specific storage capacity (e.g., 10,000 posts) for one year. Want to extend? Pay the state rent again. Don't want to? Your data expires. Overwrite Mechanics: If you exceed your post limit, Snapchain simply overwrites your oldest content. No additional payment required, just a natural cycle that works perfectly for social data (though it wouldn't work for blockchains that need complete history).

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It’s not as hard to deploy your own chain as you think (and it’s getting easier). Article incoming.

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