Cross Chain Weekly #33
Alameda is cashing out, 2022 venture highlights, & the year in blockspace demand!
Gm fam. Welcome to the Cross Chain Weekly - the weekly email that makes you a smarter cross chain insider. Over $1M has been sent through crypto-mixers by Alameda wallets. WHY??? Up until a day ago, the wallets had not spoken since that time. At that point, numerous Alameda addresses started exchanging tokens for ETH/USDT and sent them to cryptocurrency exchanges.
Trigger warning maxis; the future is cross chain, so let’s dive in.
All Eyes Are On… Our Partners
Dev Help Dev
Academic Dive
If a tree falls in the forest and no one is around to hear it, does it make a sound? An age old adage, one that reminds me of blockchain finality in its simplest form. Finality arises from a fundamental problem in Nakomato’s vision for decentralized, distributed systems…
If there’s no authority to provide truth, how can we be certain if our view of the state is consistent with the rest of the network?
Nakamoto-style protocols, like Bitcoin, address this problem by increasing the cost of reverting a specific block the deeper it gets in the chain. However, other protocols take different approaches. For example, building a generalized bridge means taking on the complex task of designing a unified abstraction over all of these models. A thorough grasp of finality is vital to build a safe bridge - check out Jump’s full research here.
Inside the Coalition
News from Outside the Coalition
Funding
Out Run the Rat Race
Upcoming Events
The CCC Web3 Demo Day // Virtual, Jan. 11
Intertop Summit by Axelar // Denver, Feb 27
Avalanche Summit II // Barcelona, May 3-5
Inside Jokes
Also Wait… what’s the Cross Chain Coalition?
The Cross Chain Coalition (CCC) is a collective of builders that have united together to educate developers on cross chain infrastructure. The CCC aims to expand awareness and increase education for cross chain development. Join us in our journey to turn every blockchain engineer into a crosschain engineer.