SOCKET Founder Discusses Chain Abstraction Myth on Deeply Intents Podcast
SOCKET Founder Discusses Chain Abstraction Myth on Deeply Intents Podcast
🤔 Chain Abstraction: Myth Busted?
Vaibhav Chellani from SOCKET appeared on apriori0x's Deeply Intents podcast to discuss critical blockchain infrastructure topics:
- Challenges the popular notion of chain abstraction, arguing it's largely mythical
- Shares insights from experience building Polygon PoS, Plasma, and ZK rollups at Ethereum Foundation
- Details pivot from bridges to chain abstraction strategy at Bungee Exchange
- Explores intent marketplaces, MOFA (Message-Order-Flow-Auction), and future of global settlement
The technical discussion targets infrastructure developers and system architects interested in next-generation blockchain solutions.
SOCKET's @vaibhavchellani was on the latest episode of @apriori0x's Deeply Intents 💥 TL;DR Chain abstraction is a myth Plus: → Past XP building @0xPolygon PoS + Plasma & ZK rollups at @ethereumfndn → Bootstrapping intent marketplaces → Pivot from bridges ❌ to chain
CHAIN ABSTRACTION ISN'T REAL 💥 Featuring @vaibhavchellani 💥 Deeply Intents - Episode: 13 (🎙️,🎧) In this episode of Deeply Intents, we chat with @vaibhavchellani , co-founder of @SOCKETProtocol , about chain abstraction. VC recounts his journey from building @0xPolygon POS
Socket Protocol Powers Onchain Tesla Stock Trading
Socket Protocol is expanding into tokenized securities, enabling users to purchase Tesla stock directly on the blockchain. This integration offers: - Seamless onchain trading of traditional stocks - Reward mechanisms for participants - Gasless trading capabilities - Cross-chain compatibility The move represents a significant step in bridging traditional finance with decentralized systems. Socket's chain abstraction technology ensures smooth transactions across multiple networks. *Integration follows successful launch of Bungee's gasless trades in late 2024*
Socket Allocates PowerPuff Roles for Zerion Users
Socket has announced a special allocation of 50 PowerPuff roles specifically for active Zerion wallet users. This initiative is part of Socket's broader ecosystem partnership program that rewards power users across different platforms. - Limited to top 50 Zerion power users - PowerPuff role grants access to SocketSociety - Program aims to foster onchain collaboration Socket continues to expand its community engagement through strategic partnerships, recognizing active participants in the multi-chain ecosystem.
Chain Abstraction Emerges as Key Infrastructure for Web3 Development
Chain abstraction is gaining momentum as a crucial infrastructure component for web3 development. This technology aims to create seamless cross-chain experiences by: - Enabling developers to build applications that work across multiple blockchains without users needing to understand the underlying complexity - Improving scalability and adaptability of decentralized applications - Reducing friction in multi-chain interactions The push comes as Layer-2 solutions multiply, creating increased demand for unified user experiences. Developers are focusing on making blockchain interactions more intuitive and accessible while maintaining the benefits of decentralization. *Key Impact*: This shift could fundamentally change how users interact with blockchain applications, making the technology more accessible to mainstream adoption.
Socket Protocol Updates
Socket Protocol continues to evolve in the cross-chain infrastructure space. The protocol enables seamless multi-chain application development with these key features: - Secure cross-chain message passing - Standardized bridging interface - Gas optimization for cross-chain transactions Builders can now create truly interoperable dApps across multiple blockchains with reduced complexity and enhanced security. Socket's infrastructure handles the heavy lifting of cross-chain communication. *Want to start building?* Check out Socket's documentation for integration guides.