Bell Curve

Crypto's Multichain Masterplan | S7 E8

31 snips
Apr 24, 2024
Exploring the multichain endgame of crypto, including ZK tech for interoperability and standardization. Discussions on L1 assets as commodities, achieving sub-second finality, and reinventing global financial infrastructure. Season 7 wrap-up with insights on industry standards, the power of ZK proofs, and the democratic potential of crypto.
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INSIGHT

Intent-Centric Development Approach

  • Developers will use intent-centric standards enabling cross-chain actions with a single user signature.
  • This approach abstracts complexity, letting infrastructure execute cross-chain actions regardless of fund location.
INSIGHT

Seamless Multichain User Experience

  • In the multichain endgame, users will execute actions with a single wallet click, unaware of underlying blockchains.
  • Transactions will be fast, cheap, and seamless, resembling a one-click experience like Venmo's.
INSIGHT

L1s as Commodities, Apps Hold Power

  • The blockchain ecosystem resembles a commodity boom where L1 chains become commoditized assets.
  • Value and leverage will shift to the application layer controlling user interaction, with only a few L1s dominating.
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