lez
@zevedzurana
0 reply
0 recast
0 reaction
0 reply
0 recast
0 reaction
0 reply
0 recast
0 reaction
0 reply
0 recast
0 reaction
0 reply
0 recast
0 reaction
0 reply
0 recast
0 reaction
0 reply
0 recast
0 reaction
0 reply
0 recast
0 reaction
Mantle Insights:
♻️ Mantle represents a comprehensive ecosystem that includes the Mantle Network (an Ethereum Layer 2 solution), a range of assets (ETH-based, USD-based, and BTC-based), governance mechanisms, and a treasury composed of an EcoFund and an economic committee.
📈 Originally known as BitDAO, Mantle rebranded in January 2023, inheriting BitDAO's substantial $3 billion treasury, making it the second-largest in the sector.
⛓️ Adopting a modular blockchain framework, the Mantle Network employs Optimism’s OP Stack Bedrock and Cannon, and incorporates technology from EigenLayer’s DA into its own Mantle DA variant.
💰 Recently, Mantle unveiled cmETH, a novel restaking solution for its users, and COOK, a new governance token that empowers holders of mETH and cmETH to participate actively in governance decisions. 0 reply
0 recast
0 reaction
0 reply
0 recast
0 reaction
0 reply
0 recast
0 reaction
0 reply
0 recast
0 reaction
0 reply
0 recast
0 reaction
💡Thoughts: "Polymarket"
Polymarket operates on the Polygon (Matic)🟣 blockchain and exclusively accepts deposits in USDC. Your funds are securely held in a Gnosis Safe🟢 contract linked to your deposit address, ensuring self-custody. Leveraging the robust Gnosis infrastructure, Polymarket offers swift and nearly seamless deposits and withdrawals due to minimal gas fees.
In the past days, Polymarket’s order books facilitated 549,516 trades, totaling $304,843,430, with an average trade size of $555. Although this volume📊 is relatively modest compared to the broader cryptocurrency market, it highlights a solid product-market fit and suggests the potential for future profitability to sustain the platform. Ideally, a more liquid prediction market provides better insights, and while Polymarket’s current activity levels are insufficient for highly accurate event predictions, this presents an opportunity for knowledgeable🧠 traders to enhance market precision while earning rewards. 0 reply
0 recast
0 reaction
0 reply
0 recast
0 reaction
Thoughts: "ZK Rollups"💡
🗞️ ZK Rollups, in simpler terms, work kinda like ZK-Compression. Both use this idea where the whole state of the rollup is packed into one root on the Ethereum base layer, which is why some folks say ZK-Compression is a type of rollup. But there's some key diffs.
👁️🗨️ Imagine you got 100 rollup moves. ZK Rollup treats the whole thing as one big circuit, like that multiplication program example. All 100 transactions get checked (you know, signatures, contract rules, no doubles, etc.), and then you make just one proof.
✅This proof says, "Hey, after running these 100 moves, the state changes from A to B." Once that proof's checked, bam, the smart contract updates the state root from A to B🛺 . 0 reply
0 recast
0 reaction
0 reply
0 recast
0 reaction
0 reply
0 recast
0 reaction
0 reply
0 recast
0 reaction
0 reply
0 recast
0 reaction