Solidity Labs’ Post

There are MEV issues like front-running and sandwich attacks. These involve changing transaction orders, using pending transaction information to gain an advantage, and placing orders before and after a trade. Learn more in this Cointelegraph article. https://lnkd.in/dgE9M-7v

🚀 Exploring ERC-4626: The standard for tokenized vaults 🔄 ERC-4626 is a game-changer, providing a unified interface for tokenized Vaults. Now, yield aggregators like Yearn and lending protocols like Compound can speak the same language. Let's dive into why it's a big deal! 1/ 🌐 Why ERC-4626? Before, every yield aggregator and source had its own standard. Imagine the integration headaches! ERC-4626 steps in to bring harmony by offering a consistent framework for tokenized Vaults. 🤝 2/ 🧩 Unifying DeFi: With ERC-4626, the goal is clear – create a composable standard. No more custom logic for each integration. Whether it's Yearn, Rari, Compound, or Aave, everyone can now follow the same rules. 🔄 3/ 🛠️ Learning from the Best: ERC-4626 wasn't born in a vacuum. Insights from building Rari, Yearn, and dealing with hacks led to this standard. It's a response to the growing complexity of DeFi and the need for a structured approach. 💡 4/ 🔗 The EIP 4626 Journey: From addressing oracle-based vulnerabilities to simplifying interactions, ERC-4626 has come a long way. It's now the go-to standard for tokenized vaults, making DeFi more accessible and secure. 🚀 #defi #web3 #security #ERC4626Explained

I didn't expect my post about rollups to get confirmation so fast. VanEck analysts write: "...of the forty-six L2s we track through l2beat, only four chains have fraud proofs live. Two of those four are under the umbrella of Arbitrum, which boasts the highest total value locked (TVL) of any L2 at $4.31B and only allows fraud proofs from a whitelisted group of entities". https://lnkd.in/ewcNnGbK

New research from Uniswap Labs 🗞️ If you’re swapping with MEV protection, how do you know you're getting the protection you are promised? You could use heuristics on proprietary data from providers like private mempools… but that isn’t easy or ideal. Our research proposes a new metric for verifying MEV protection using onchain data only. https://lnkd.in/gSRmtGmx

So private mempools don't really provide MEV protection. In fact, they provide exclusive rights to one group to extract MEV. It's like running away from roadside thieves into the protection of organised gangsters, so only the gangsters can now extract money from you. 👏 It's funny how crypto is coming a full circle to realise that centralisation often leads to more value theft than open-decentralised systems. Even though open systems seem scary because of their openness to everyone, they are far more immune to value theft due to the incentive design. #mev #blockchain #crypto #ethereum

In this issue of L2 Planet, we discussed Arbitrum's BOLD, Optimism's fault proofs, and the upcoming L2 networks. https://lnkd.in/dYwvtZnB

Like I mentioned on LinkedIn a couple of weeks back, Dencun/4844 was the broadband moment for #Ethereum. The blob transactions enabled by that hardfork network upgrade enabled a new type of storage space for unstructured data. This upgrade also kicked off a renewed discussion about #Layer3 rollups. But what are L3s? This is the topic being discussed. My take: Layer 1: Settlement Layer 2: Transactions Layer 3: Privacy Read the rest in my blog post: https://lnkd.in/eEjNQVxs

L2 Planet Issue #34 is out! So, what we talked about in issue #34? 🔹The Arbitrum Foundation BOLD 🔹Lens Protocol L2 🔹Optimism Foundation Fault-proofs 🔹Worldcoin L2 🔹AAVE Network 🔹Ethereum Name Service L2 Read the full issue now 🔽 https://lnkd.in/dcmfXfbq

Innovations in Non-Custodial Web3 Wallets: Ensuring Decentralized Control Web3 wallets are your keys to interacting with the decentralized world. This article discusses the innovations in non-custodial web3 wallets.  It is vital for you to understand the cryptography that defines web3 wallets. You do not need to comprehend all the math behind the elliptic curve; all you need to know is how your private... Innovations in Non-Custodial Web3 Wallets: Ensuring Decentralized Control #Noncustodialweb3wallet #Web3wallet