Yona

Yona Labs concludes an incredible 2024—a year packed with milestones and achievements! Let’s take a moment to reflect on the integrations, developments, and community growth that have defined this remarkable journey. Here’s a quick rundown of the key areas where the Yona team has delivered outstanding results: 🟠 Integrations and Partnerships: 🔸 @babylonlabs_io: From Yona’s side, this integration brings the security, speed, scalability, and user experience of Solana into the BTC ecosystem. On Babylon’s side, this allows the integration of BTC crypto-economic security delegation into Yona Network through Babylon Chain’s restaking technology. Combining the economic and decentralized power of Bitcoin with the technological innovations of Yona and Babylon elevates the advancement of Bitcoin L2’s to a new level! 🔸 @nubit_org: Yona integrates Nubit for its use as Data Availability (DA), as using Bitcoin L1 as the DA layer is prohibitively expensive: it would account for a large portion of the rcosts of a transactions. Therefore, Yona only stores the checkpoint commitments on Bitcoin as of L1, while all other data can be stored in a DA layer, Nubit. 🔸 @PortaltoBitcoin: At the core of Portal to Bitcoin’s capabilities is the Lightning Network, a second-layer protocol developed to facilitate instant and low-cost Bitcoin transactions. By leveraging the Lightning Network, Portal to Bitcoin significantly enhances the speed and efficiency of Bitcoin transfers, allowing users to move their assets quickly with minimal transaction fees. This is particularly beneficial for traders and users who need fast access to their funds. In addition to the Lightning Network, Portal to Bitcoin uses atomic swaps to streamline direct peer-to-peer exchanges between Bitcoin and other cryptocurrencies. 🔸 @0G_labs - Connecting real-time @solana VM blockchain with AI-optimised data availability layer opens new uncharted horizons with new use cases and the ability to capture even more value and user base for web3! 🔸 @Neon_EVM: Yona Network is adopting Neon Stack to explore the prospects of launching EVM-based apps in the Yona ecosystem. This opens up new opportunities for developers with a flexible approach. 🔸 @BTC_OS: The integration with Yona, opens the door for SVM integrations generally, creating a bridge to the Solana L1 and other SVM chains such as Molecule, Zeus and SOON network. 🟠 Research and Development: The Yona Labs R&D team made significant strides in exploring and implementing cutting-edge technologies with public goods things, including: 🔸 Launching a real-time SVM instance with latency <10ms, enabling previously unattainable use cases. 🔸 Showcasing Yona SVM real-time environments at @colosseum hackathon, featuring sub-second order book execution via OpenBook. 🔸Exploring advanced Bitcoin integration techniques to refine technical understanding. 🔸Releasing the open-source Yona Canonical Bridge for seamless Bitcoin-to-SVM transactions. 🔸Initiating research on connectors between SVM and @AvailProject’s DA solutions. 🔸Among the unusual activities was the launch of meme-game with Solana Blinks technology, which gave Yona Labs developers a new and unique experience, opening a new direction in the development of onchain dApps. 🟠 Public Activities: The Yona Network team also expanded networking and had a great time at offline events such as: Token 2049, DevCon, Building in Restaking, Modular Mixer, zkAccelerate, Avail's Asia Cup, L2con, Infra AI day, and at side-ivents from great projects and companies like @eigencloud, @KakarotZkEvm, @Starkne, @nubit_org, @MorphL2, @PythNetwork, @Auros, IOSG, @dephynetwork, @DeCharge__, and many other wonderful events! In addition, @maxyona participated in wonderful Twitter Spaces on topics ranging from Bitcoin and SVM eco to trends related to DeFi, Web3 in general and fascinating technical discussions with @jaxxdwyer, @soon_svm, @Sub7Security, @COVAULTbtc, @Mantis, @topologynetwork, @BitlayerLabs, @Sonic and this is only a small part of all the online events! Thanks to everyone for this great year! ❤️‍🔥🥂 More to come, the topic of Bitcoin L2s is hotter than ever given the huge value locked in Bitcoin! And SVM is the best framework as a VM thanks to the innovations implemented in @Solana such as zk-compression, Token Extensions with extended functionality, Agave, Firedancer and many other updates that enhance the stability and speed of SVM framework. It's going to get even bigger and faster from here! 🚀🚀🚀

@0xMaxSoul and @justsayuluvjo were on a podcast hosted by @jaxxdwyer where they discussed topics around @solana world: - SVM Technological Edge - Bridging Solana, Ethereum, and Bitcoin - Developer Experience And many other topics! Read full version: blog.yona.network/using-sola…