SOCKET ProtocolSocket - First Chain Abstraction Protocol
IntroductionOver the last few years, the Ethereum ecosystem has made tremendous strides in advancing the modular roadmap, a strategic plan aimed at enhancing scalability and efficiency through specialization and layering within the blockchain network. This has led to the development of an increasing number of chains, each specialized for distinct use cases. The cost of spinning up a new rollup has decreased significantly, blobs and data availability have made settling transactions even cheape...
SOCKET ProtocolStrategic Investment from Coinbase Ventures and Framework Ventures!
TL;DR: Coinbase Ventures is joining Socket as a strategic investor. With this investment, we’re expanding our collaboration with Coinbase to bring cross-chain primitives across their products like Base & Coinbase Wallet. Framework Ventures is co-leading the funding round. Framework led Socket’s Seed Round earlier in 2022 and is now doubling down on the earlier investment. We’re glad to announce a $5mn strategic investment from Coinbase Ventures & Framework Ventures. The investment is extremel...
SOCKET ProtocolSOCKET Surge: Age of Chain Abstraction
TL;DR: SOCKET Surge is a month-long initiative to battle-test the throughput and reliability of the upcoming SOCKET chain abstraction protocol. Chain On Top, the first chain-abstracted social strategy game, running on 20+ chains simultaneously via SOCKET, is set to launch in the coming days.Today, applications need to decide what blockchain to build their application on, how to choose them, how to bring users from all blockchains to their application all while building the core application it...
SOCKET ProtocolSocket - First Chain Abstraction Protocol
IntroductionOver the last few years, the Ethereum ecosystem has made tremendous strides in advancing the modular roadmap, a strategic plan aimed at enhancing scalability and efficiency through specialization and layering within the blockchain network. This has led to the development of an increasing number of chains, each specialized for distinct use cases. The cost of spinning up a new rollup has decreased significantly, blobs and data availability have made settling transactions even cheape...
SOCKET ProtocolStrategic Investment from Coinbase Ventures and Framework Ventures!
TL;DR: Coinbase Ventures is joining Socket as a strategic investor. With this investment, we’re expanding our collaboration with Coinbase to bring cross-chain primitives across their products like Base & Coinbase Wallet. Framework Ventures is co-leading the funding round. Framework led Socket’s Seed Round earlier in 2022 and is now doubling down on the earlier investment. We’re glad to announce a $5mn strategic investment from Coinbase Ventures & Framework Ventures. The investment is extremel...
SOCKET ProtocolSOCKET Surge: Age of Chain Abstraction
TL;DR: SOCKET Surge is a month-long initiative to battle-test the throughput and reliability of the upcoming SOCKET chain abstraction protocol. Chain On Top, the first chain-abstracted social strategy game, running on 20+ chains simultaneously via SOCKET, is set to launch in the coming days.Today, applications need to decide what blockchain to build their application on, how to choose them, how to bring users from all blockchains to their application all while building the core application it...
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Blockchains provide a trustless, censorship-resistant, and decentralized fabric for developers to build applications. But numerous roadblocks from scaling, MEV and other UX issues have stood in the way of applications getting PMF. Ultimately preventing our space from reaching its full potential.
Different people react differently to these challenges. Some people quit and go back to web2, while others fall into apathy.
However, many builders have powered through these challenges to push the space in the right direction:
Polymarket demonstrated how on-chain applications can break into the mainstream
Ethereum builders showed us how to scale horizontally via rollups
Solana builders who pushed the limits of a monolithic chain
Privy enabled a new mass movement of consumer apps
PolygonPoS which proved scaling before any rollups existed
Flashbots and Cowswap who helped protect users from MEV side-effects
Challenges only get resolved when individuals with high-agency step up and work together, chew glass everyday and chip at it till the challenge becomes an opportunity. This is how paradigm shifts happen.
Individuals with high agency and a strong conviction on getting the world onchain have been able to make the impossible happen, push past all challenges and contribute meaningfully no matter their core-skillset. This breed of individuals who want to be the drivers of change, act on problems, and push the world forward are what we need more of. We call these individuals PowerPuffs.
“You don’t have to be a superhero to be super.” - Bubbles
Blockchains provide a trustless, censorship-resistant, and decentralized fabric for developers to build applications. But numerous roadblocks from scaling, MEV and other UX issues have stood in the way of applications getting PMF. Ultimately preventing our space from reaching its full potential.
Different people react differently to these challenges. Some people quit and go back to web2, while others fall into apathy.
However, many builders have powered through these challenges to push the space in the right direction:
Polymarket demonstrated how on-chain applications can break into the mainstream
Ethereum builders showed us how to scale horizontally via rollups
Solana builders who pushed the limits of a monolithic chain
Privy enabled a new mass movement of consumer apps
PolygonPoS which proved scaling before any rollups existed
Flashbots and Cowswap who helped protect users from MEV side-effects
Challenges only get resolved when individuals with high-agency step up and work together, chew glass everyday and chip at it till the challenge becomes an opportunity. This is how paradigm shifts happen.
Individuals with high agency and a strong conviction on getting the world onchain have been able to make the impossible happen, push past all challenges and contribute meaningfully no matter their core-skillset. This breed of individuals who want to be the drivers of change, act on problems, and push the world forward are what we need more of. We call these individuals PowerPuffs.
“You don’t have to be a superhero to be super.” - Bubbles
We’re bringing together these believers in the onchain world. Individuals who don’t just want to see the change happen passively but want to contribute actively to make it happen. Individuals who are willing to look past the chain-tribalism and embrace the app-centric-future.
We’re building a collective of PowerPuffs, making up the SocketSociety, to work together fighting the single biggest problem right now: lack of unified blockspace.
Together, PowerPuffs will build a world where blockchains aren't viewed as cities and islands that need bridges. A holistic world where applications ingest the infrastructure and users interact with applications directly — without duck-tape infrastructure in between.
When PowerPuffs with different superpowers come together, they can truly make the impossible happen and thats the goal with SocketSociety — to bring the world onchain. Not on your chain or my chain, but on all chains all at once.
A world where applications break free from the chains. A fat-application future
Joining SocketSociety will not be easy. Becoming a PowerPuff requires you to have an X factor.
To test your X factor and crypto knowledge we’ll be releasing a quiz later this week. If passed, you will be granted a Powerpuff role and receive access to the exclusive part of the SocketSociety Discord Server.
But the journey won’t end there. Once a Powerpuff, you will need to graduate to your final form: Bubbles, Blossoms or Buttercups. What are these? More info on discord, come join SocketSociety!
We’re bringing together these believers in the onchain world. Individuals who don’t just want to see the change happen passively but want to contribute actively to make it happen. Individuals who are willing to look past the chain-tribalism and embrace the app-centric-future.
We’re building a collective of PowerPuffs, making up the SocketSociety, to work together fighting the single biggest problem right now: lack of unified blockspace.
Together, PowerPuffs will build a world where blockchains aren't viewed as cities and islands that need bridges. A holistic world where applications ingest the infrastructure and users interact with applications directly — without duck-tape infrastructure in between.
When PowerPuffs with different superpowers come together, they can truly make the impossible happen and thats the goal with SocketSociety — to bring the world onchain. Not on your chain or my chain, but on all chains all at once.
A world where applications break free from the chains. A fat-application future
Joining SocketSociety will not be easy. Becoming a PowerPuff requires you to have an X factor.
To test your X factor and crypto knowledge we’ll be releasing a quiz later this week. If passed, you will be granted a Powerpuff role and receive access to the exclusive part of the SocketSociety Discord Server.
But the journey won’t end there. Once a Powerpuff, you will need to graduate to your final form: Bubbles, Blossoms or Buttercups. What are these? More info on discord, come join SocketSociety!
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