"we’re just gonna do it
we’re gonna write the smart contracts
we’re gonna deploy them"
spheres to spheres, spheres to mainnet, spheres to other layer 1s, mainnet to other layer 1s, any combination
handful of all the major L1's will get CLPR'd
expect it this year
"Infinite Liquidity" - Mance Harmon
Naturally I'd push back against the second half of the third bullet, because Hedera has indisputably the best tech, but it seems pointless.
Great HBAR weekly update, the first 10 minutes are loaded with bangers. RE CLPR:
- on the order of magnitude of the hash graph itself, which was a fundamental advancement in the state of the art of distributed consensus
- can be executed unilaterally; industry cooperation is not needed. Mance around 5min says and reiterates, industry participation would be nice, but will be implemented with or without them. unilaterally. massive.
In one of the hedera con presentations, they contextualize CLPR as something that can essentially syphon liquidity, infinite liquidity from other networks. I missed Mance's reiteration that this can be done without industry participation. This is going to be absolutely massive. And this is just one aspect, can't wait for the elaboration on cross-chain oracle workflows. Think we're all, even r/hedera loyalists, sleeping on CLPR.
"We're talking about UNIVERSAL LIQUIDITY" - Mance