Roman
@mxbely
Thread: Skate - The Future of Interoperable Blockchain Applications 🛹🚀
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Roman
@mxbely
1/ Why does Skate exist? The rise of Layer 2s (L2s) for scaling Ethereum has led to increased custom-purpose L2s & L3s. However, this causes liquidity fragmentation across chains. Enter Skate! 🌐
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Roman
@mxbely
2/ The Problem: Fragmented Liquidity Existing interoperability solutions often make things worse. New cross-chain tokens compete with original assets, draining liquidity and complicating the ecosystem. 💧
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Roman
@mxbely
3/ Skate's Solution: Interoperable Applications Skate addresses liquidity fragmentation by separating assets from pricing. Developers can now deploy apps seamlessly across multiple chains without worrying about cross-chain compatibility. 🌉
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Roman
@mxbely
4/ Simplifying User Experience The intent-centric architecture lets users focus on what they want to achieve rather than how to do it. Signed messages (intents) streamline interactions, making dApps more user-friendly. 🖥️
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Roman
@mxbely
5/ Skate’s Architecture Skate enables Stateless Apps to maintain a consistent state across EVM and non-EVM chains. This eliminates fragmentation and enhances operational efficiency. 🏗️
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Roman
@mxbely
6/ Key Components Nollie (EVM Hub Chain): Central hub managing core logic. Preconfirmation AVS (Eigenlayer): Validates interactions before execution. Intent Execution Network: Decentralized executors process user intents. ⚙️
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Roman
@mxbely
7/ How It Works Users create intents on any chain. Executors pick up and reserve these intents. Preconfirmation AVS validates interactions. Executors settle the intents across chains. 🧩
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Roman
@mxbely
8/ The Future is Here Skate’s innovative approach empowers developers and enhances user experiences, bridging the gap in the blockchain ecosystem. Ready to skate into the future? 🛹💡
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