Pinned From @0xMagmar & @BPIV400 to @cosmos ⚛️ --- Warning: Long post --- For us, the @interchain_io acquisition of @skipprotocol has been tremendously emotional. For years, Skip has been our entire identity. We’re incredibly proud of the team, reputation, and products we've built,
The IBC connection to Ethereum is coming soon, and we couldn’t be more excited about it: - insanely secure (full light client security) - insanely cheap (lower gas cost than the most popular bridges thanks to zk & protocol simplifications) - insanely fast (w/ a market maker
There are no VCs or founders who will dump $ATOM on you They’re already gone. They’ve been gone for years Join us
This isn't a 1 off. This is the start of a massive trend of real businesses building their own L1 blockchains. We're in talks with tons of other companies (including some major fortune 500s) who are considering launching their own L1s. Years ago, enterprise blockchains failed
The IBC team is grinding on an insane upgrade to IBC — a real v2 — called IBC Eureka The tldr: 1. 10x simpler 2. 100x faster/easier to implement in smart contracts 3. Still powerful, permissionless, and neutral The IBC revolution will finally expand everywhere NATIVELY 1/2
In a few weeks, Skip API will allow users to bring native USDC from any EVM chain and Solana to any Cosmos chain in 1 click with no slippage Cosmos is not ready for this
People are really sleeping on IBC v2 and underestimating how much it’s going to change this industry Permissionless, vendorless, tokenless, open source, no VCs, already powers interop in Cosmos, becoming the interop of Celestia eco ChatGPT moment for multichain apps
Can everyone just be honest for 1 second please? The "Cosmos" you are threatening to leave has been on the path to slow, painful death for years. The cosmos / cw developer ecosystem is the only major ecosystem tracked by electric capital that shrank last year. We must must
Someone asked me why Keplr didn’t raise a megaround. It’s because they actually make money. So The better question is why did they even raise at all? The reason is that Keplr is an IBC-native wallet. They process more cross chain transactions every day than when Metamask.
What cosmos got wrong that we are now fixing: - Bring your own VM (esp. EVM) - A vertically integrated interop solution including IBC everywhere - ultra fast block times - A strong hub providing infra to the ecosystem Ondo chose cosmos and many more will follow
The first IBC transaction on Ethereum mainnet cost just $0.43 in gas You're not bullish enough
Cosmos has the biggest emerging RWA ecosystem with @noble_xyz , @OndoFinance , and @MANTRA_Chain and [REDACTED] coming soon This should be no surprise that the world is coming on chain in Cosmos — real assets and real companies demand real scale and real control
Today, we remember how the US colonies (a collection of English L2s) got tired of paying gas fees in Pounds for all their tea transactions, so they coordinated a hard fork together to become their own sovereign L1 and launch a new token ($USD) Insanely sovereign 🇺🇸🇺🇸🇺🇸
We cut USDC fees by 90% in Skip Go - Anywhere → Cosmos: 0.02−Anywhere→Base/Arbitrum:0.02 - Anywhere → Base/Arbitrum: 0.02−Anywhere→Base/Arbitrum:0.04 - Anywhere → Solana: 0.60−Anywhere→Eth:0.60 - Anywhere → Eth: 0.60−Anywhere→Eth:2.71 (All with no slippage or limits) Available on go.skip.build & all Skip-powered dapps Next up: Make it 10x faster 👀
