馃攼 Custody Crisis Solved
馃攼 Custody Crisis Solved
馃攼 Custody Crisis Solved
Zenrock introduces a new approach to crypto custody that eliminates the need for trusted custodians.
The Problem:
- Wrapped assets rely on centralized custodians and multisigs
- Bridges get hacked regularly
- Users must trust companies with their keys
Zenrock's Solution:
- DCT (Decentralized Custody Token) standard
- Uses distributed MPC (dMPC) technology
- Private key shares split across independent operators
- No single party controls keys
Key Features:
- Assets secured by cryptography, not trust
- Uses simple wallet addresses (EOAs) instead of custom contracts
- Runs on zrChain, a Delegated Proof-of-Stake network
- Global validator set with $100B+ cumulative stake
Currently Live:
- zenBTC: yield-bearing wrapped BTC on Solana
- zenZEC: wrapped ZEC on Solana
Zenrock makes custody open, composable, revenue-generating, and decentralized. Ankr now validates the network as it scales.
What makes @zenrock one of the most important new primitives in crypto? For years, crypto made progress everywhere except custody. Wrapped assets still depend on custodians, multisigs, and centralized vaults. Bridges get hacked. Keys get compromised and users are told, 鈥渢rust
We鈥檙e excited to share that we are now a validator for @zenrock, securing both their testnet and mainnet. Zenrock is redefining wrapped assets with decentralized custody (dMPC + EOAs), and we鈥檙e proud to help secure the network as it scales. More big things coming 馃敟
Monad Mainnet Goes Live with Infrastructure Support
**Monad mainnet has officially launched**, marking a significant milestone for the blockchain platform. Key developments: - Infrastructure providers are now supporting the live network - **RPC infrastructure** is being provided to ensure network accessibility - The launch represents a transition from testnet to production environment The mainnet launch enables users to interact with Monad's blockchain in a live production setting, with supporting infrastructure already in place to facilitate network operations and user access.
Ankr Powers Bitcoin Finality and Cross-Chain Swaps on BOB Hybrid L2
**Ankr is now serving as a Hybrid Node provider for BOB**, enabling two key functionalities for the hybrid Layer 2 network. **Key capabilities include:** - Secure Bitcoin finality mechanisms - Cross-chain intents-based swaps - Integration with BOB's hybrid L2 infrastructure BOB operates as a **"hybrid L2"** that uses Bitcoin as its anchor chain. This allows transactions involving assets from multiple blockchains to be **irreversibly recorded** on Bitcoin's network. The partnership enhances BOB's ability to bridge different blockchain ecosystems while maintaining Bitcoin's security guarantees for final settlement.
Ankr Launches gRPC Support for Premium Developers
**Ankr introduces gRPC support** for Premium developers, offering faster and more efficient blockchain data access. **Key features:** - High-throughput, low-latency data streaming - Real-time blockchain information delivery - Lighter data transmission compared to traditional methods **Supported networks include:** - Sei - Sui - Kava - TAC - Allora - Additional blockchains **Ideal use cases:** - Trading bots requiring instant data - Blockchain indexers - Real-time analytics dashboards - Applications needing continuous data streams This upgrade enhances Ankr's infrastructure capabilities, building on their existing support for 85+ blockchains and trillions of monthly RPC calls. [Start building with gRPC](https://www.ankr.com/rpc/home/)
Inside Flare: The Evolution of a Layer 1 with Utility at Its Core
Join an exclusive Partner Spotlight featuring @sergioankr and @0xQuantic from @Flarenetworks to explore the evolution of Flare as a utility-focused Layer 1 blockchain. Key Details: - Date: June 5th, 2025 - Time: 5:00 PM CET - Platform: X Spaces This discussion follows recent Web3 scaling conversations that addressed adoption challenges and opportunities for Web2 professionals entering the space. [Join the conversation](https://x.com/i/spaces/1BRJjmrjVPaGw/peek)