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File: 97 KB, 917x1107, Fusion.jpg [View same] [iqdb] [saucenao] [google] [report]
30061608 No.30061608 [Reply] [Original] [archived.moe]

So I've been looking a reasonable bit into L1s and L2s lately, and they've all been mooning. Essentially you're looking for EVM compatible (very important) chains that can either act as an L2 on top of ethereum, or a L1. EVM is vital because if you can't easily port to this blockchain nobody will use it.

So most are familiar with most of these chains. On the L1 side you've got

Avalanche (super decentralized, fast, strong team, new consensus mechanism)
Fantom (fast, andre is building on it, SBF and blocktower are involved as of recently, however it's somewhat centralized)
Binance Smart Chain (fast, binance backing, but its very centralized)

On the L2 side you've got lots of stuff such as Matic/Polygon, xDai, and soon Arbitrum and Optimism.

I feel like one that has been overlooked is Fusion. See pic related. It's one of the EVM chains that Andre Cronje is building on.

>> No.30061730
File: 82 KB, 768x887, defi-fuse-768x887.jpg [View same] [iqdb] [saucenao] [google] [report]
30061730

>>30061608
https://cryptoslate.com/why-defi-needs-oracle-cross-chain-defi-with-chainlink-dcrm/

Looking further into it, it seems like Fusion's decentralized cross chain capabilities are one of the things enabling Andre's cross chain work. And it's based and LINK pilled

https://cryptoslate.com/why-defi-needs-oracle-cross-chain-defi-with-chainlink-dcrm/

>Fusion tackles this issue of cross-chain asset exchange from the very bottom data layer in the blockchain protocol, the layer where transactions are signed using cryptographic keys. It is because there is less variety on this layer, given around 80% tokens utilize ECDSA private key encryption algorithm on the data layer, including Bitcoin and Ethereum. The abstraction across multiple layers can also provide a seamless cross-chain integration on the application layer, where most cross-chain communication is abstracted away from the user interface.

>On the other hand, DCRM technology combines existing cryptographic technologies with zero-knowledge proof, sharding, and homomorphic encryption. It enables seamless and decentralized executions of cross-chain smart contracts without any governance or intermediaries. Key sharding and distributed ECDSA-compatible encryption algorithm facilitates nodes in the Fusion network to generate multi-asset wallets in a way that no single node or individual can access the private keys that control the assets. Key shards are generated by multiple nodes independently, and each shard represents a fragment of the key. The whole private key is never reconstructed at any stage from key generation to signing transactions and asset storage.

>> No.30061795

Based and Link-Pilled:

>To truly realize the potential of multi-trigger and interoperable smart contracts discussed in Fusion’s white paper, it is essential to link the physical and digital world such that digital smart contracts react to real-world events. Chainlink is a market-leading decentralized oracle network that incentivizes oracles to attest to events in the physical world. By integrating Chainlink’s decentralized oracles with Fusion’s DCRM interoperability network, Fusion’s vision of data-driven smart contracts interfaced with the real world is one step closer to realization.

>The Chainlink integration with Fusion went live on March 31st in the upgrade of Fusion Mainnet 3.6, which enables smart contract support for time-value market and assets, as well as the successful implementation of cross-chain transactions from the decentralized custodian pilot built by the DCRM Alliance. Pairing Chainlink’s decentralized oracles with Fusion’s recent protocol developments increases the toolset available to developers substantially to build next-generation Dapps and digital finance solutions on Fusion.

>> No.30061914

Finally let's talk price.

Let's look at the other L1s Andre is building on:

Avalanche: $2.1b market cap
Fantom: $1.3b market cap
Binance Smart Chain: $36b market cap

Fusion: $45m market cap

This looks like a major undervaluation to me. Could easily see a re-pricing here of 10-20x.

>> No.30061970

actually good find OP. Gonna secure a bag. Where can I buy this

>> No.30062138

>>30061970
It's a little trickier for westerners to buy it - possibly one reason for it being so underpriced.

Not an ERC so not on uniswap.

You can buy it on huobi or mxc.

>> No.30063032

bump

>> No.30063061

Hot damn free money

>> No.30065012

why has this not moved for over 2 years

>> No.30065446
File: 85 KB, 684x595, 1148386214965.jpg [View same] [iqdb] [saucenao] [google] [report]
30065446

>>30061608
>>>30063208

>> No.30065475

>>30065012
It hasn't had a reason to. Cross chain interoperability and EVM compatible L1s weren't really that important until recently. With Eth overloaded, and lots of different chains popping up, interoperability is suddenly very important and Fusion could benefit from that.

>> No.30065716
File: 120 KB, 350x604, 1147940207444.jpg [View same] [iqdb] [saucenao] [google] [report]
30065716

>>30061970
go u
check out also anyswap, it's the major uniswap fork supporting fusion right now, more than couple of pairs there
>>30061608
op, i am with you strong, check out
https://medium.com/@fusionprotocol/dcrm-alliance-forms-and-advances-decentralized-custodian-and-interoperability-with-pilot-a3566b3ea012
and then brother discover also realio

>> No.30066032

I bought the ICO for this and got burned big time.

>> No.30066070

>>30065716
will there be liquidity mining on anyswap?

>> No.30066283
File: 121 KB, 394x403, 1149940926651.png [View same] [iqdb] [saucenao] [google] [report]
30066283

>>30066070
just checked it, and apparently yes, with a bunch of other chains
https://anyswap.medium.com/any-farming-on-fantom-9f8a8467a02d

>> No.30066393

>>30066283
this is more to the specific fusion topic
https://anyswap.medium.com/any-farming-on-fusion-36b8a09490e8

>> No.30066704

>>30066283
>>30066393
looks good

hopefully some borrowing/lending protocols and the like pop up.

>> No.30068590

>any swap, fusions uniswap equivalent, has a higher market cap than fusion itself

kek, fusion is so undervalued

>> No.30068975

>>30066704
do we have a eth fusion bridge?

>> No.30069396
File: 70 KB, 750x1117, 7ED300EE-0FE1-4FC6-B895-FC87B88C043D.jpg [View same] [iqdb] [saucenao] [google] [report]
30069396

>>30061608
It’s chart makes me nervous. Looks like a rug pull.

>> No.30070870

Look up fusion , chainge app and anyswap . You're welcome

>> No.30071147

>>30068975
yep, looks like it exists

>> No.30071204
File: 69 KB, 600x635, 1 (1883).jpg [View same] [iqdb] [saucenao] [google] [report]
30071204

https://uploads-ssl.webflow.com/5cbf7269aa4c8ec895500d90/5cd19874373c9579f4d9b6ee_DCRM%20Yellow%20Paper.pdf
serious tech

>> No.30071905

So Andre Cronje is constantly posting about yearn's latest project, multichain.xyz

https://multichain.xyz/

Take a look at "Security audit" link

https://github.com/anyswap/Anyswap-Audit/blob/master/SlowMist/AnySwap%20CrossChain-Bridge%20Security%20Audit%20Report.pdf

Anyswap is fusion's native cross chain dex

Andre is basically spending the last few weeks shilling fusion, and people don't even realise it because he doesn't mention it by name. top kek.

>> No.30073639

Do you know why large institutions bought BTC? So they could control it at the direction of the Treasury.

>> No.30075400
File: 379 KB, 1286x988, 0DA638A0-0764-4FB8-A5D4-AF60452DC477.jpg [View same] [iqdb] [saucenao] [google] [report]
30075400

Holy shit. Nice find OP. Just picked up a fat bag.

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