End of last year, while our adoption and growth numbers were up and to the right massively, doing multiple billions of dollars of volume every month, something felt off While the metrics were up and we were pretty much top of the ecosystem, we were no where close to achieving the mission @SocketProtocol started with 2years ago Tracing back, we realised, we were solving the wrong problem, we were trying to build faster horses when what the world actually needed is a car. What began that day, was our mission to enable chain-abstraction, today I am proud to share another step in that direction
Checkout first version of the Socket Protocol whitepaper and please share your thoughts/feedback media.socket.tech/SocketProtocol…
@vaibhavchellani @SOCKETProtocol exciting! do you see this replacing what you proposed in magicspend++? at first glance this seems like an improved version of that original idea, that works with more than 2 chains
@vaibhavchellani @SOCKETProtocol nice! few questions can I say that packets are intents? where is the liquidity? is it in watchers inventory? are watchers private actors so they own the liquidity?
Very interesting; got some reading for the weekend. Congrats on releasing this "This means that applications will ingest the complexities arising from usage of these intermediaries while offering a chain abstracted experience for their users by controlling on-chain execution for their end users"
@vaibhavchellani @SOCKETProtocol It’s quite a monumental milestone, definitely agree that the Web3 needs chain abstraction the same way once people were craving cars instead of horses. Looking forward to the application-centric approach!
@vaibhavchellani @SOCKETProtocol lets go. this gonna be a key component in our scale up to masses
@vaibhavchellani @SOCKETProtocol Super pumped to check it out, weekend read💯
Socket Protocol isn’t just eliminating friction—it’s reshaping blockchain’s fundamental architecture into an application-first paradigm. If blockchains were the highways, Socket is the invisible autopilot—automating transactions, enforcing global security, and abstracting execution to the point where chains dissolve into pure function. The real question: How far does this abstraction go? If applications become the new power centers, does the protocol evolve into an AI-driven execution layer, autonomously optimizing liquidity, security, and efficiency across every chain? This isn’t just an infrastructure upgrade. It’s a shift in control. The power moves from chain validators to the application layer itself. Web3 is rapidly moving toward an era where the user’s intent is the only input that matters. Everything else—gas, validation, routing, execution—becomes invisible. What happens when abstraction reaches its peak? Do chains even matter anymore?
@vaibhavchellani @SOCKETProtocol Amazing stuff! Congrats Doesn't seem to be dependant on just EVM so that is cool! How hard would it be to onboard a chain? Also what's the difference between this and OneBalance? I guess from a 50,000 foot view similar goal but am sure there are architectural differences?
@vaibhavchellani @SOCKETProtocol Keep shipping and building
@vaibhavchellani @SOCKETProtocol The classic founder product v2 story! Love it , good shit and congrats !
@vaibhavchellani @SOCKETProtocol It’s inspiring to hear how you changed your focus to build something that people really needed. I want to see what you do next 👀
@vaibhavchellani @SOCKETProtocol Very good white paper
@vaibhavchellani @SOCKETProtocol Соглашусь с вами.
