co-founder @useFirewall prev @PrimitiveFi @staked_us
Joined September 2017
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Firewall all the EVMs 🚀
Security infrastructure firm Firewall raises $3.7 million in pre-seed funding theblock.co/post/279157/secu…
This looks to be almost the exact mechanism we had designed at Primitive. Auction off the right to swap at a discounted fee relative to other traders. github.com/primitivefinance/…
Unfortunately we never took it to production. At a minimum, I regret that we were not more externally vocal about the design at the time.
I'm excited to see if this succeeds in the real world! If it does, it will be a mixture of pride in the mechanism work we did and regret that we didn't pull through on it.
You can see here in `swap` the auction winner's fee is set to zero and anyone else is set to `public_fee`: github.com/primitivefinance/…
In late 2022 @PrimitiveFi we built a concentrated liquidity AMM that auctioned off swap rights. It accrued auction proceeds to LPs based on how long they were in-range.
Check out the prototype: github.com/primitivefinance/…
Introducing the auction-managed AMM!
A new AMM design that:
⚖️ Reduces LVR
⚙️ Optimizes swap fees
📈 Smooths LP returns
🌊 Should attract higher liquidity than any fixed-fee AMM
New paper with @ciamac (@paradigm / @Columbia_Biz) and @aadams @saraareynolds (@Uniswap)
The "swap right" was the right to swap at a lower fee than other traders for a period of time, so the design was actually more like this paper: xitter.cf/ciamac/status/19883139…
We have to get to a state we trust code (DeFi) more than multisigs. The UX is already on par. We need to level-up smart contract security next. Redundancy is key.
sam___iamm retweeted
Crypto x AI ✓
Speed x Security 🏁
Safe Blockspace [████] 100%
Billions must flow onchain, but zero exploits is the only way forward. Our mission: safe blockspace for users and applications. Firewall your rollup and let the liquidity flow safely. 💦
usefirewall.com
sam___iamm retweeted
LM! I’ve joined the @CelestineSloth movement.
Why? @UseFirewall is building safe blockspace for the modular expansion. Our Safe Sequencer filters out exploits, and makes sure 🦥's can stay lazy and carefree.
See my clip with @therollupco, and why the future is speed X security
Firewall co-founder @iamoptmstc recently sat down with @therollupco to chat about how Firewall is building safe blockspace with the Safe Sequencer. Here's why 𝐬𝐩𝐞𝐞𝐝 𝐗 𝐬𝐞𝐜𝐮𝐫𝐢𝐭𝐲 is the future that is needed to bring and keep users onchain.
The future is Firewall’d 🏎️ 🏁
sam___iamm retweeted
This is pretty cool, "safe sequencing" as a concept for rollup operators to help create a more secure execution environment.
Reminds me of moveVM w/ formal verification embedded. Maybe institutional capital would be more keen to deploy onchain with these types of setups?
Our Safe Sequencer design is essentially this. The Safe Sequencer needs the ability to censor exploits so you grant them extra power then if you detect censorship you can submit a proof to L1 and automatically revoke their extra power.
sam___iamm retweeted
Instead imagine a sequencer which can only provably censor exploits, and can’t arbitrary censor transactions such that the rollup remains credibly neutral
This is what @UseFirewall Safe Sequencer does via the Firewall EVM - uses exploit proofs to filter txns at block construction
Provable exploit detection in the Safe Sequencer stopping exploits - no ability to arbitrarily block users.
My favorite application of zkML is proving exploit detection 🧰 🔥
@UseFirewall’s Safe Sequencer does exactly this. Provably only censor exploits, and protect user funds
More docs and code being shipped 🔜, stay tuned
sam___iamm retweeted
The Safe Sequencer is built to provably only censor exploits in a neutral manner.
This system protects a non-malicious user’s rights on a rollup, while still protecting funds
sam___iamm retweeted
Firewall is the modular security layer for crypto-networks.
We’re on our way to Zero Exploits, starting with The Safe Sequencer and our Proof-of-Exploit consensus.
Together they enable a non-custodial and neutral way to censor exploits. Let’s do better while we still can
1/n Today is a HUGE day for us 🔥
Introducing Firewall, a modular security layer for rollups.
Following our $3.7M pre-seed capital raise and months of development, we’re thrilled to announce our vision for a safer Web3 and the path to zero exploits.
Let’s dig into the components of the security layer, the problems it aims to solve and why it will become a critical part of Web3 👇
mirror.xyz/0xC3B4795F9f2cB3b…
Safe Sequencer ™️
4/n That’s why we’re designing a security layer for Web3 from first principles, starting with the Firewall Safe Sequencer that leverages machine learning and pattern recognition to eliminate smart contract exploits on rollups in a trustless, verifiable way.
The Safe Sequencer and its modular components represent a paradigm shift in blockchain security that honors the principles of decentralization, trustlessness and transparency.
ALT The Firewall Safe Sequencer
sam___iamm retweeted
1/n Today is a HUGE day for us 🔥
Introducing Firewall, a modular security layer for rollups.
Following our $3.7M pre-seed capital raise and months of development, we’re thrilled to announce our vision for a safer Web3 and the path to zero exploits.
Let’s dig into the components of the security layer, the problems it aims to solve and why it will become a critical part of Web3 👇
mirror.xyz/0xC3B4795F9f2cB3b…