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🪄 Exploring ERC-XXXX – Endgame Cross-Chain Protocol (ECCP) The ERC-XXXX proposal defines a secure, self-custodial solution for cross-chain asset exchanges via atomic swaps. We think it's a great step forward! Here are some of our key considerations: Extended Address Standards: For non-EVM chains like UTXO, integrating an extended address standard such as CAIP-10 could improve identification of customers and traders. Chain Reorganizations: Addressing potential challenges such as malicious reorgs, including determining responsibilities for reorgs within the token standard—whether it should be the sender, receiver, or flexible based on the deal. Atomicity and Fees: The proposal must consider the variability of fees across pools, which could affect the atomicity of swaps and introduce opportunities for draining pools through transaction spamming. 💡 Read our detailed response here:
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🌱 At Kaon, we're building the future of capital markets natively on Bitcoin. 🏛️ As opposed to existing risk-prone designs; we're applying first principles approach to building a 0 to 1 primary for the future of Bitcoin-backed financial markets. ⚡ Imagine seamless trading, lending, and more - directly on Bitcoin, without the need for oracles, bridges, or centralized points of failure. 📈 Moreover, Kaon’s cross-margining will allow users to leverage BTC assets across multiple chains, maximizing liquidity and optimizing capital efficiency. This isn’t just another L1 evolution - it’s Bitcoin’s true leap into finance markets where native yields and programmability are the new norm. 🚀
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New ATH for the #1 digital asset $BTC! At Kaon, we're building the most secure BTC programmability and scaling layer to unlock native yield, cross-chain margining, and other tools to enable markets on #Bitcoin. Explore http://Kaon.one
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Kaon is a Bitcoin-native L1 blockchain with EVM composability that addresses systemic security risks inherent in bridge-, multisig-, oracle- and rollup-based designs. With a stellar security-first team, we’re building a bridge-less and oracle-less infra layer that makes Bitcoin interoperable, composable, and scalable. Read more about how Kaon works and other technical preliminaries on our Github’s newly updated project page:
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⚠️ Bitcoin, as it is today, is not scalable. But what does it mean to be scalable? And how exactly do we make Bitcoin scalable? Read on to find out 🧵 /1
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