Ethereum News

Cross-chain universal app states could reduce EVM development by 90%

Cross-chain universal app states could reduce EVM development by 90%


Siddharth Lalwani is on a mission to redefine the blockchain ecosystem with Skate, a universal application layer integrated with EigenLayer that enables apps to run seamlessly across thousands of chains with a single, unified state. As the Co-Founder and CEO of Range Protocol, the company behind Skate, Siddharth brings deep expertise in web3 infrastructure and DeFi from his experience at leading firms like Altonomy, Point72, Bybit, Certik, and Citigroup.

In this exclusive interview, Siddharth shares his vision for solving the challenges of application fragmentation and liquidity silos that plague the current multi-chain landscape. He explains how Skate’s innovative approach of embedding interoperability into the core application logic can streamline development, enhance user experiences, and unlock the true potential of a modular web3 future.

With support from major players like Polygon, Manta, Axelar, and more, Skate is poised to shape the next evolution of blockchain app development. Read on for an illuminating discussion with one of the leading minds at the forefront of this exciting frontier.

Skate is supported by the likes of Polygon, Manta, and Pendle. Beyond the obvious vote of confidence, what specific expertise and synergies does this group bring to Range Protocol and the development of Skate?

Each of these titans brings a wealth of technical knowledge and experience in blockchain fundamentals, smart contract development and scalability solutions. With Polygon and Manta, developers in each scalable ecosystem can benefit from Skate as a solution to embed cross-chain interoperability at the application level from the get-go and eradicate the expensive burden of cost for liquidity bootstraps. This approach allows for more users to proliferate across various ecosystems. With Skate’s pre confirmation layer secured as an EigenLayer actively validated services (AVS), it can help dApps with sufficient trust minimised assumptions and bring exponential use cases…

Click Here to Read the Full Original Article at Ethereum (ETH) News | CryptoSlate…