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Verified account LayerZero

@ryanzarick

Co-Founder and CTO @LayerZero_Labs
Vancouver, British Columbia layerzero.network Joined March 2012
465 Following 15K Followers 875 Posts

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raz Verified account @ryanzarick
Six months ago, we announced Zero, the last blockchain. Designed to scale to the demands of Web2 with the security and decentralization of Web3, Zero unlocks use cases not possible before it.

One of those use cases, we are announcing today. ATLAS (Aggregated Trading Liquidity and Settlement) is a universal backend for global markets, both open and institutional. It delivers a first-of-its-kind, TradFi-performant backend on a decentralized blockchain. We call it a backend because it’s completely headless: there’s no frontend or consumer application. Instead, trading venues build directly on top of our infra, which collapses matching, clearing, settlement, and risk into a single stack. Trading venues build and own the product experience; ATLAS handles the rest.

ATLAS leverages the full breadth of everything Zero has to offer. It delivers sub-millisecond latency and throughput that far exceeds what the market demands today.

ATLAS is the first of many innovations Zero will have to offer in the coming months. Stay tuned...
LayerZero @LayerZero_Core Aug 25
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raz Verified account @ryanzarick
We believe developers should choose their own security configurations, but we made a mistake by allowing our DVN to act as a 1/1 DVN for high-value transactions. We didn't police what our DVN was securing, which created a risk we simply didn't see. We own that. Moving forward, LayerZero Labs will be more active in educating developers and monitoring how applications should build on the protocol to ensure they are configured safely.
LayerZero @LayerZero_Core May 8
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