Peter Kris @uPeterKris Twitter profile | Pikagi

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Peter Kris

@uPeterKris

2,506

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256

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cofounder @gasp_xyz / defi / mev / L2s / AMM maxi / onchain connoisseur

Earth

https://t.co/8VGqGC8sNZ

Joined July 2009

Don't wanna be here? Send us removal request.

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@uPeterKris

Peter Kris

3 months

More than happy to announce our new round of investors. We have the ideal launch position to make cross-rollups swaps better and help with liquidity fragmentation. Swaps in between blockchains and rollups shouldn't take more than 10 seconds. If we want to bring DeFi to

@Gasp_xyz

Gasp | cross-chain protocol

3 months

Gasp Announces $5M Fundraising Round 🟠 We're excited to announce that we've raised a $5M fundraising round to support the growth of Gasp!

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Last Seen Profiles

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@VASSY

@wura777

@uPeterKris

Peter Kris

1 year

Big news from my home country Slovakia! Slovakia just passed a bill that will lower the tax on crypto from 39% to 7% The new law outlines that: - holding crypto after 1 year results only in 7% tax - crypto to crypto exchange is non taxable - crypto to stablecoin exchange is

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@uPeterKris

Peter Kris

2 years

Polkadot 2022 is the same situation as Ethereum 2016. Most hype was in BTC altcoins, but the builders knew where to focus

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@uPeterKris

Peter Kris

2 years

Polkadot and its projects are having probably the least exposure to FTX situation (and LUNA/UST too). Most of Polkadot's investors too. It's not like we predicted this, we're just looking elsewhere where it makes sense and build stuff

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@uPeterKris

Peter Kris

2 years

Blockchains in crypto should consider moving to @Polkadot ecosystem and integrate it. You don't need to build a chain from scratch, take the existing chain, build XCM compatibility and join the relay chain. You will get interoperability and security guarantees.

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@uPeterKris

Peter Kris

1 year

The killer app of crypto will be Polkadot's bridge hub. The logic of bridges is deployed onto a single parachain. Imagine bridging from ETH to Solana, and the bridge is using finality of Polkadot Now add all other blockchains and you have a meta-app that is powering multichain

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@uPeterKris

Peter Kris

1 year

Snowbridge - native Polkadot<>ETH bridge will be the most secure bridge out there, because it's secured by the relaychain. Any attack on the bridge is an attack on the Polkadot itself, and that won't work. Few understand this, but Polkadot will build very robust bridge tech

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@uPeterKris

Peter Kris

3 years

Polkadot needs 3 things to start the rocket: - parachains on Polkadot - cross-chain messaging protocol (xcmp) - Ethereum bridge parachain All three are far in the progress. After the completion, we're ready to go 🚀

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@uPeterKris

Peter Kris

2 years

Unpopular opinion: Kusama should be in top15 market cap @kusamanetwork $KSM

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@uPeterKris

Peter Kris

1 year

This might surprise some, but Polkadot will be the first to have significant traction on the multichain thesis. Cosmos and ETH L2s will lag behind because of incoherent governance and lack of working interoperability standards

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@uPeterKris

Peter Kris

1 year

Projects based on Blockchain that aren't Ethereum or Polkadot will fail

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@uPeterKris

Peter Kris

1 year

Why Cosmos is more popular than Polkadot? 3 points: 1. Cosmos is easier to grasp: you have chains, and then you connect them. And you make them communicate with each other. End of story. Polkadot introduced new mental models, parachains, shared security. They are unintuitive,

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@uPeterKris

Peter Kris

11 months

After months of research, we’re proud to release: Multi-rollup Interchain Infrastructure Imagine a ZK-rollup with universal EVM connectivity that connects all chains and enables cross-chain swaps of native assets

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Mangata: Master-Rollup Interchain Infrastructure

We introduce Mangata, a master-rollup interchain infrastructure for native cross-chain swaps. It leverages zero-knowledge proofs, decentralized sequencers, and two novel mechanisms for trustless...

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@uPeterKris

Peter Kris

1 year

all thanks to member of the parliament @peter_cmorej

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@uPeterKris

Peter Kris

9 months

Good news everyone! ZK-rollups will be enabled on Bitcoin and it will work with Substrate's Madara! This means several things: 1. Bitcoin community is coming to Polkadot (Substrate) 2. Bitcoin is awaking again and new cycle of innovation can happen on the biggest asset in the

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@uPeterKris

Peter Kris

9 months

Crypto is just adopting WASM, but Polkadot is step ahead again and moving on to RISC-V. Give it 2 years and everyone will follow. Polkadot is leading in many areas

Announcing PolkaVM - a new RISC-V based VM for smart contracts (and possibly more!)

(This is a continuation my previous forum topic; I’m posting this as a new thread to start with a clean slate, and for extra visibility.) After many weeks of work I have the pleasure to announce the...

forum.polkadot.network

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@uPeterKris

Peter Kris

3 years

Calling all Node Operators! Run a Collator for the Mangata Network and earn a living! A thread about how small validators and collators are threatened to be pushed out of the system and what we at @MangataFinance do to change that. 🧵👇

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@uPeterKris

Peter Kris

10 months

Blockchains don't talk to each other. Solana, Ethereum, Cosmos, Bitcoin, all developing their own isolated islands. Imagine that blockchains can talk to each other and value flows freely in between. This will create an unimaginable multiplication of crypto. This is what Mangata

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@uPeterKris

Peter Kris

1 year

Polkadot should speak more about how it's different from ETH L2s, Cosmos, Avalanche and other layered approaches. Crypto has always been about attracting technical minds first. -> content around multichain, interoperability, DA, execution layers, cross-chain standards

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@uPeterKris

Peter Kris

3 years

The unrecognised power of Polkadot is the delivery of product. While Ethereum, Cardano and other communities endlessly talk, @web3foundation and @ParityTech is deep in hard work and makes progress. Pleasure to be part of it 🤜🤛

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@uPeterKris

Peter Kris

1 year

Ethereum rediscovering Polkadot Rollups that don't post all the data to ETH L1 (only state roots), and rather store it on the L2

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Stateless Rollups

It’s my first time posting a top level thread here, so I apologize if I in any way violate decorum. I’ve been thinking about this idea mostly in the context of an app-specific rollup for our lending...

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@uPeterKris

Peter Kris

1 year

Polygon Avail is being built on Substrate, potentially a future parachain. It confirms the thesis that parachains' logic may run the middleware of crypto. A sort of meta-app layer that will secure all other crypto networks The possibilities are endless

@BillLaboon

Bill Laboon | Web3 Foundation

1 year

It's really cool to see yet another project, @AvailProject , being built on @substrate_io , Parity's blockchain development framework, first used to build @Polkadot .

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@uPeterKris

Peter Kris

10 months

the future of Polkadot is in being an infrastructure of crypto. A meta-layer that helps other blockchains: settle value exchange, oraclize data, bridge them, pass messages in between, provide multichain multisigs and other unthought usecases Inherited security from relaychain

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@uPeterKris

Peter Kris

1 year

@cz_binance up to 2400 EUR per year should be non-taxed. CZ, you should have a look at Slovakia. Small country, part of EU, ambitious future

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@uPeterKris

Peter Kris

2 years

This was the quickest filled @kusamanetwork crowdloan in history. The allocation got distributed among 925 people, many that have been present in the discord and telegram. I want to say huge THANK YOU, you have no idea how much this means to us. The KSMs will be put in good use

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@uPeterKris

Peter Kris

1 year

While Polkadot has a strong roadmap on how shared security should look like, Cosmos is just searching for a standard. It's a tradeoff, Cosmos might find better standard, but Polkadot should be faster in delivery. Delivery is usually what counts, so I'm betting on Polkadot.

@CryptoStreamHub

Crypto Stream

@CryptoStreamHub

1 year

@Cryptocito @osmosiszone Me too, but I think Meshsecurity is a bit oversold. We have Interchain Security, Meshsecurity & evven Luna is doing shared security. Babylon brings security. Celestia is sharing security. At this point, I already feel pretty secure 😂

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@uPeterKris

Peter Kris

1 year

Excited that Mangata DEX is connecting to Ethereum as a new app-rollup L2. Mangata is using the best of all worlds, ZK module from Starkware enables connection to ETH and parachain on Polkadot ensures validity of execution and fraud proofs-like environemnt. Imagine a

@Gasp_xyz

Gasp | cross-chain protocol

1 year

Huge revolution coming to Ethereum?! 🤯 We have been secretly 🤫 working on something big, and wanted to share it with you! Read more here ⤵️:

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@uPeterKris

Peter Kris

2 years

hello everyone

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@uPeterKris

Peter Kris

1 year

Shared security + interoperability implementation: Cosmos has the toughest times ahead Polkadot is heading to easy times, because they did the though jobs already

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@uPeterKris

Peter Kris

3 years

What is Proof-of-Liquidity and why does @MangataFinance think it is important for the long-term success of #DeFi ? In this thread we explore how Proof-of-Stake (PoS) is detrimental for capital efficiency and how Proof-of-Liquidity (PoL) can fix it. 🧵

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@uPeterKris

Peter Kris

1 year

Mangata says hello from Copenhagen @PolkadotDecoded

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@uPeterKris

Peter Kris

1 year

This is the main point of Polkadot. Parachain buys the blockspace from relaychain, then sells it to users via custom economic model. So many possibilities. Parachain tokenomics bears the risks, users enjoy better UX and lower costs.

@rphmeier

asynchronous rob

1 year

Nice example of more user-friendly blockspace allocation. Mangata X just buys blockspace from Kusama, and chooses to allocate it to users however they like - even without fees.

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@uPeterKris

Peter Kris

5 months

So Celestia got to 20B val because they can power all the rollups Eigenlayer can power most other L1s Who will do the math?

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@uPeterKris

Peter Kris

1 year

Polkadot can decentralize all kinds of supporting app layers of other ecosystems. Think Chainlink or Pokt Network as a parachain, that would inherit the security of the Polkadot relaychain

@uPeterKris

Peter Kris

1 year

@dimahledba why? the decentralized sequencer set could inherit the security of Polkadot relaychain, thus provide better guarantees. On top, they would get interoperability with all other chains, you could have ETH L2 interoperable with other parachains

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@uPeterKris

Peter Kris

9 months

Hey there from Sub0 Lisbon

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@uPeterKris

Peter Kris

1 year

this is possible only because Polkadot separated app logic from the finality, so you can make customized parachains. You can do this only under shared security umbrella, and there is less complexity and smaller attack surface, compared to typical bridge tech

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@uPeterKris

Peter Kris

2 years

yes! and Cosmos chains are Polkadot parachains, they just don't know it yet

@davidfeiock

davidfeiock

2 years

Ethereum is a Cosmos chain, they just don’t know it yet <send tweet>

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@uPeterKris

Peter Kris

1 year

Even though this message might seem negative for Polkadot, it's quite the contrary. Cosmos might have a crisis of narrative and delivery coming soon, dark times ahead. Polkadot has done its homework in the early days, now mostly good times ahead.

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@uPeterKris

Peter Kris

1 year

yes We've delivered 100% on our core blockchain roadmap in Polkadot, now help us please to expand to Ethereum. This is a unique positioning where Polkadot technology will be used in ETH L2 stack

@Gasp_xyz

Gasp | cross-chain protocol

1 year

Mangata is making a splash in Ethereum! 🚀 Mangata is your new favorite interchain DEX and will be a zk-rollup on Ethereum and parachain on Polkadot. This is the beginning of MGA, the native token of Mangata, launching this year. To make a splash, we are launching our viral

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@uPeterKris

Peter Kris

1 year

Cosmos is friendly to Ethereum, so now Ethereum L2 layer is eating Cosmos. on top, Cosmos is copying a lot of ETH concepts without any scrutiny or deeper thoughts. I don't expect much innovation coming from Cosmos

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@uPeterKris

Peter Kris

6 months

We've been working hard on this and happy to unveil we've chosen Eigenlayer for finality. AVS operators be ready for new incentives! Technically speaking, Eigenlayer gives us freedom to develop reexecution validity proofs for verifying execution correctness of AMM settlement. A

@Gasp_xyz

Gasp | cross-chain protocol

6 months

We are happy to finally reveal what we've been working on behind closed doors: The Mangata omnichain liquidity protocol will officially launch on @eigenlayer ! After extensive development and planning, we have selected EigenLayer to provide ETH native security, a crucial

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@uPeterKris

Peter Kris

10 months

The killer app of crypto will be Mangata's multirollup. Swapping logic of L2s is deployed onto a single parachain Imagine swapping between ETH and Solana, and those swaps are finalized by the Polkadot Now add all other L2s and you have a meta-app that is powering multichain

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@uPeterKris

Peter Kris

1 year

Mangata can host dozens of cross-chain trading pairs. If you're a Polkadot project but you still have some assets on Ethereum, there's a way to establish a cross-chain AMM pair e.g. $trac(ETH) / $trac(DOT)

@Mr__Mountain

Mrs.Mountain

1 year

OMG this would solve a big problem the @origin_trail and @OT_Parachain ecosystem have. Origintrail is a 2 token ecosystem, there is $OTP the gas token for the parachain and $trac the main token for the DKG.

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@uPeterKris

Peter Kris

1 year

The StateSwap DEX debate continues I'm in favour of DOT incentives. Our job is to attract liquidity from the outside and there's no other attractive option for Polkadot outsiders Parachains' won't grow without the growth of DOT, we have to do this

Statemint/e Swap Discussion

I think there should be some DOT incentives on the StateSwap DEX. @alice_und_bob made a great point, it disincentivizes security, which is the primary function of DOT, but we don’t spend DOT only...

forum.polkadot.network

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@uPeterKris

Peter Kris

10 months

I see this new wave of ETH maximalism around, that there will never be another L1. Just ETH and its L2s. That's essentially saying that what ETH brought to the world in 2014 is all that can be done. It's just another angle of conservatism at best. I'm not doubting ETH will be

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@uPeterKris

Peter Kris

5 months

Mangata brainstorming Some big brain concentration here with @GlebUrvanov and the team

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@uPeterKris

Peter Kris

6 months

Gas-free swap model on Mangata: Instead of paying gas, users lock native MGA tokens and pay only fixed fee 0.3% E.g if you want to do 100 trades per day, you have to lock 100 MGA for 24 hours and that gives you a guarantee of 100 txes. This mechanism creates a connection in

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@uPeterKris

Peter Kris

2 years

Market situation is tough, but quick recap on @MangataFinance - successful TGE and Liquidity bootstrap - start of trading on MGX:KSM pair - MEV resistance live in production - doubled the headcount to 20 people, joined by top talent from Twitter or Ubisoft Mangata is growing🍀

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@uPeterKris

Peter Kris

1 year

Could ETH L2 sequencers be decentralized by becoming a Polkadot parachain?

@dimahledba

A₿del ∞/21M 🐺 - 🐱

1 year

Playing with @CairoLang x @substrate_io , let me introduce you Kaioshin, a substrate based #Starknet sequencer written in Rust 🦀. Demo of the execution of a Cairo fibonacci program in a substrate pallet:

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@uPeterKris

Peter Kris

1 year

Everyone is funding and building infrastructure. No one is attracting end users. It's like a child's argument - A: You get users! B: No, no, you get users! At the end of the day, no one is getting users.

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@uPeterKris

Peter Kris

1 year

Mangata is building something novel. It could be categorized as - ETH rollup with a ZK bridge to Polkadot. Users can always withdraw their assets even in case of rollup (parachain) failure. What we need is to build a ZK consensus proof described in

Consensus Proofs

I explore the technical definition of consensus proofs, review their vulnerabilities, and examine the mitigations for these vulnerabilities. I then show how these mitigations enable consensus proofs...

research.polytope.technology

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@uPeterKris

Peter Kris

1 year

without exaggerating, it is a paradigm shift in bridge technology, because every other bridge is basically a middleware in between 2 blockchains. Adding too much complexity. Polkadot native bridges are like one blockchain connecting directly to another, without middleware

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@uPeterKris

Peter Kris

1 year

we are deliverinn

@Gasp_xyz

Gasp | cross-chain protocol

1 year

Mangata X just enabled one of the most expected features in the whole ecosystem: GASLESS SWAPS 🔥 Applies to transactions of whitelisted token pairs, and trade value above 10k $MGX. For those below,50 $MGX per transaction are locked for 24 hours to secure the network against spam

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@uPeterKris

Peter Kris

9 months

A radically new use case for Polkadot- Mangata's Multirollup Infrastructure A parachain that contains multiple rollups within itself and coordinates L1s talking to each other. It helps other L1s: 1. Exchange value atomic-swap style 2. Establish true cross-chain liquidity of

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@uPeterKris

Peter Kris

3 years

The multichain future is inevitable. Interoperability is a natural evolution of blockchains and it will bring massive economic benefits. The reason why I got into Polkadot is that it's a lead in this paradigm and closest to implementation.

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@uPeterKris

Peter Kris

2 years

@paulg I think it's mostly because Ukraine is recogniseably weaker. The world likes to help the weak in 21st century. It's like same story with Hong Kong but this one is culturally closer

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@uPeterKris

Peter Kris

2 years

nothing felt right, but Milady is it

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@uPeterKris

Peter Kris

1 year

How is Cosmos going to solve this?

@pambamdam

𝐏𝐞𝐭𝐞𝐫

1 year

Without a shared security model, there is no ❌ trustless cross-chain composability. ❌You can’t add this feature later, you would need to rebuild from the first line of code. ❌You can’t achieve this with instant finality consensus, finality now means no dispute fixes later.

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@uPeterKris

Peter Kris

2 years

Everyone will tell you to move fast, but Crypto is moving much slower than it appears. A friendly reminder NFTs and DAOs were here like since 2015 and at the time there were people telling you have to move really fast, because revolution is just around the corner. It's not

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@uPeterKris

Peter Kris

6 months

Eigenlayer has potential to absorb or destroy 90% of L1s out there. Why? Imagine you can fork Solana and build it on top of ETH restake. ETH stake is higher quality than your own bootstrapped security and you have other perks like L2 interop, ETH alignment, plethora of other

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@uPeterKris

Peter Kris

1 year

@0xOnlySimps yes, but this is the case with traditional bridges too The difference here is that you don't need new customized standalone bridge for every chain, you can have only one, that is on top inheriting security from Polkadot relaychain. Much safer and less complex solution

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@uPeterKris

Peter Kris

6 years

🌈 ⛓️ Tomorrow we will host a discussion @progressbarsk (Bratislava) with @VladZamfir @Narodism and @harryhalpin about Politics of cryptoanarchy & Governance. I'll try to keep the heated debate civil 😜 DJ is set 🎶 After-party guaranteed! 🤩🦄

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Politics of Cryptoanarchy and Governance

Religion event in Bratislava, Slovakia by Blockchain Slovakia and Progressbar on Friday, November 23 20186 posts in the discussion.

www.facebook.com

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@uPeterKris

Peter Kris

11 months

Uniswap X is a separate protocol from Uniswap V4. It's expected that settlement for filler network will be done mostly on native UniV4, but not neccesarily. It's a bold move to go cross-chain and I like to see that. Here's a position where Mangata should be cemented: UniX swaps

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@uPeterKris

Peter Kris

11 months

Don't go OP stack, go Substrate Coinbase wen?

@norswap

Norswap 🏴‍☠️✨

11 months

I think the OP stack is good, I'm proud of my part in it, and I'm happy it's as successful as it is. But let's stay honest: it's not very modular besides swapping the execution engine, and modularity wasn't a big design goal during my time at OP.

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@uPeterKris

Peter Kris

1 year

Endgame for L2s: Decentralized sequencer selection + Themis Consensus Extension for MEV mitigation

@rphmeier

asynchronous rob

1 year

@numbersyeslawd In Polkadot terminology - sequencers=collators, the nodes which create parachain blocks. Most rollups have 1 node, controlled by the team, creating blocks. All top parachains have staking and decentralized collator selection.

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@uPeterKris

Peter Kris

5 months

Mangata is great because LPs and traders can both make more money compared to other DeFi venues How? Let's say when you trade on ETH on Uniswap, you always pay 0.3% of AMM commission + MEV & gas (unpredictable). The value leakage goes to validators or hackers extracting MEV.

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@uPeterKris

Peter Kris

1 year

Blockchain without MEV minimization will be dominated only by a handful of sophisticated players. This will drive gas prices crazy high and will outcompete normal users. What we see now is just a glimpse.

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@uPeterKris

Peter Kris

5 years

@lefthemisphere9 infantilization is actually much wider trend, happening on 1. cultural layer: avoiding general responsibility / taking only specialized one, animated & simplified stories, dressing etc. 2. biological layer: self-domestication, less aggressivity, long neoteny

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@uPeterKris

Peter Kris

3 months

Mangata is now Gasp

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@uPeterKris

Peter Kris

2 years

Markets are crashing, Mangata is growing

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Mangata X Concludes Bootstrap with $13 Million FDV

Mangata X, the upcoming Kusama DEX has concluded its MGX-KSM Liquidity Bootstrapping Event with a strong result against the crypto bear market. With $13 million FDV (fully diluted value) and about...

blog.mangata.finance

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@uPeterKris

Peter Kris

4 months

my timeline is getting more lively around MEV again. So it's good to remind Mangata has MEV minimization system in place. While not ideal, it does help to minimize certain MEV attack vectors. Internally we have an upgraded version Read more here:

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Introducing Themis Consensus Extension v1. A Solution to MEV for Application-specific Blockchains

Miner Extractable Value (MEV) is a fundamental and hard problem of blockchains. MEV is shifting power from users to miners and we consider it the most pressing problem in crypto. This article...

blog.mangata.finance

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@uPeterKris

Peter Kris

1 year

@apolynya Polkadot who started the WASM paradigm, is now moving to RISC-V ahead, as always. Watch others in 12 months do the same

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@uPeterKris

Peter Kris

3 years

I fully support @CurveFinance community with their LeXpunk_DAO. It's an amazing step into the unknown, but a right one. @lex_node you've started a movement 🙂

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@uPeterKris

Peter Kris

2 years

Sorry to say this but most of CT influencers are lost. They're one-cycle wonders mostly. 2013 has generated influenzas that didn't make it in 2017. 2017 has generated new wave that's visible now, but most of them NGMI. If one advice then look for alpha with low follower count.

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@uPeterKris

Peter Kris

1 year

Mangata, the perfect DEX

@Gasp_xyz

Gasp | cross-chain protocol

1 year

Mangata live 🟢 features 🟢Frontrunning and MEV-prevention 🟢Gasless swaps 🟢Algorithmic buy & burn 🟢Time-incentivized liquidity provision 🟢Proof-of-Liquidity 🟢Weight voting 🟢Permissionless pool creation 🟢Auto-compounding And more upcoming...

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@uPeterKris

Peter Kris

5 months

Being a crypto OG is becoming a burden rather than advantage. Many truths of the past seems not hold strong anymore, they're subject of change. The most apparent is the decline of BTC maximalism and the rise of ordinals, L2s, BitVM, Babylonchain. Scalability is a hyperfocus,

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@uPeterKris

Peter Kris

3 years

Examples: 1. Cosmos is following Polkadot and is considering shared security model. 2. ETH 2.0 is following Polkadot too, and is considering app-specific shards. Both examples shows that Polkadot is the most cutting edge in interoperability.

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@uPeterKris

Peter Kris

1 year

Appchain DEX model is the only way forward. The chain controls the fees and provides much better profits to traders and LPs. Dapps like Uniswap have no ability to influence gas fees and MEV. Users pay unnecessary costs and have uncertainty of execution. Go appchain!

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@uPeterKris

Peter Kris

10 months

We have laid out the technical ground for that. Its called Multirollup Interchain Infrastructure

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Mangata: Master-Rollup Interchain Infrastructure

We introduce Mangata, a master-rollup interchain infrastructure for native cross-chain swaps. It leverages zero-knowledge proofs, decentralized sequencers, and two novel mechanisms for trustless...

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@uPeterKris

Peter Kris

7 months

Why Eigenlayer? I was perplexed at first, but it has the potential to kill 90% of L1s out there. It exposes the vanilla ETH stake without the burden of EVM and layers of Ethereum, and you can rebuild any consensus, p2p, MEV, DA, validity-verification proofs stack out there.

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@uPeterKris

Peter Kris

11 months

For all things #Polkadot , @DotLeap is a reliable weekly newsletter. It provides comprehensive updates on the relay chain, governance, parachains, tools, and community events. Check it out -

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DotLeap | Bruno Škvorc | Substack

The most comprehensive weekly newsletter for the Polkadot ecosystem featuring updates on the relay chain, governance, parachains, tools, community, and more. Click to read DotLeap, by Bruno Škvorc, a...

newsletter.dotleap.com

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@uPeterKris

Peter Kris

1 year

when you speak to professional traders that are years in the market, they will all tell you their profits are small %s more than fees paid on trades. In efficient market and competition, the profits are squeezed almost down to a 0. The trader has to beat the market first to

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@uPeterKris

Peter Kris

1 year

if Ethereum would be built today, they would never suggest a MEV redistribution scheme. There would be some MEV mitigation + some leftover MEV redistribution When you have the ability to build a chain from scratch, address the issues where they truly are, from 1st principles

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@uPeterKris

Peter Kris

9 months

We're proud to release the post on Master-Rollup for cross-L1 information transfer Imagine a single rollup that's connected to multiple L1s in parallel and coordinates information transfer in between Use cases: atomic swaps, cross-chain liquidity

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Cross-L1 information transfer via Master-Rollup secured by Ethereum consensus

Cross-L1 information transfer via Master-Rollup secured by Ethereum consensus Authors: Stanislav Vozarik, Gleb Urvanov, Shoeb Siddiqui, Peter Kris, We present a master-rollup architecture that is...

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@uPeterKris

Peter Kris

1 year

Encrypted mempools are the next big thing. Pre-settlement privacy mitigates parts of MEV, while still keeping all tx transparency onchain. It's one of the core features of Mangata and it will be the inception of trading singularity on Polkadot.

@0xidanlevin

idanlevin.xyz

1 year

Why are encrypted mempools the next big thing 🧵 (plus everything you wanted to know about encrypted mempools but were afraid to ask)

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@uPeterKris

Peter Kris

3 years

Announcing ⚖️ THEMIS ⚖️ Protocol! A novel consensus mechanism to prevent front-running and miner extractable value. We're proud to announce we have finished our version-1 to prevent #MEV and protect traders. This new concept will change #DeFi Thread 🧵

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@uPeterKris

Peter Kris

2 years

Polkadot leading, Cosmos following

@PolkadotPM

$Pink Prime Minister

2 years

Every day Cosmos is working very hard to be more like @polkadot .

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@uPeterKris

Peter Kris

1 year

the future isn't cross-chain bridging but cross-chain zipping. A chain that is a rollup on two different relays simultaneously. Cross-chain zips You've heard it here first time

@uPeterKris

Peter Kris

1 year

@0xMarforio good question, wouldn't call it a bridging, because that's taking one asset from one chain, and minting it on other. That's secured by some trustless mechanism. It's more like zipping two chains. Maybe a ZIP?

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@uPeterKris

Peter Kris

1 year

additionally, if you're a chain that wants to be bridged somewhere, you don't need to code bridging logic for every single chain, you just code an adapter (pallet) for the bridge hub, and suddenly you have access to all other bridge pallets sitting there Network effects!

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@uPeterKris

Peter Kris

1 year

What's the difference between a bridge and Rollup-Parachain ? The withdrawal guarantee. If you bridge through trad bridge, e.g. Snowbridge, and the bridge nodes goes down or collude, user funds aren't withdrawable. In a rollup design, user can always recreate the state and is

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@uPeterKris

Peter Kris

2 years

Lately, we get often approached by CEXes if we want to list our token. Of course we want to list it, I suggest they buy the tokens and list them in whatever pool they see fit. We're not paying any fee though, it's permissionless

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@uPeterKris

Peter Kris

1 year

@itsbirdo_ There is quite a good pedigree in Czechia - Slovakia, early bitcoiner/libertarian community since 2010

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@uPeterKris

Peter Kris

2 years

Geographical decentralization is one of the @MangataFinance 's core values. Transactions from Australia going through Singapore, ending in the US 🌎 The testing is going pretty well, thanks to our early Collator group 👩‍🔬🧑‍🔬🚀

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@uPeterKris

Peter Kris

2 years

Cosmos is reinventing shared security only today. Polkadot invented shared security 5 years ago. Choose the leaders, not followers.

@ekrahm

Ekram

2 years

Shared security is a HOT and important topic right now. What are the tradeoffs? Where’s its future going? I’m hosting a discussion this Tuesday with Web3 leaders @musalbas , @jadler0 and @zmanian to discuss ALL THINGS shared security. Tune in!

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@uPeterKris

Peter Kris

2 years

@_supercycled 1. very weak analogy to compare past isolated L1 with multi-chain (wtf) 2. Polkadot is the thought leader. Expect shared security and auctions on Cosmos and Avalanche soon

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@uPeterKris

Peter Kris

2 years

the future is cross-multichain. Everything will be bridged and you won't care if the transaction is happening on Polkadot, Cosmos, Avalanche or Ethereum. All of them will be the connected decentralized infrastructure

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@uPeterKris

Peter Kris

1 year

Bridges are an old paradigm, a relic of the past Rollups with universal connectivity are the future. If you're interested, follow Mangata or me, we'll be revealing more details in no time

@Gasp_xyz

Gasp | cross-chain protocol

1 year

Another bridge hacked! It's time for cross-chain atomic swaps! Over 2 billion USD have been stolen in 2022 through bridge hacks. Over a million accounts were affected. Mangata is building cross-chain atomic swaps to minimize the risk for traders! 🧵👇

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@uPeterKris

Peter Kris

8 months

Eigenlayer is the most interesting thing in crypto in last 5 years. It's one of those designs based on first-principle thinking Before that we got an interoperability wave- Polkadot, Cosmos. New L1s. Now we get a new wave how interop might develop on existing economic layer

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@uPeterKris

Peter Kris

3 years

It's an honor to host this panel about MEV Guests are best in class 🧑‍🔬

@IOSGVC

IOSG Ventures

3 years

COUNTDOWN to @IOSGVC 's 8th #OldFriendsReunion Stay tuned to the panel: New Layer, Same Old Problem: #MEV Prevention on Layer2's by @uPeterKris - @MangataFinance @thegostep - #Flashbots @deligong - @AutomataNetwork @abandeali1 - @0xproject & @matchaxyz @fleupold_ - @MEVprotection & @gnosisPM

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@uPeterKris

Peter Kris

2 years

DEXes on Ethereum can wage price wars as much as they like, but they have no control over network fees. When you build an app-specific L1, you can control the economic model of those network costs. @MangataFinance and Polkadot parachains started this journey years ago

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