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hi<00:00:15.719><c> everyone</c><00:00:16.680><c> uh</c><00:00:16.880><c> I'm</c><00:00:17.119><c> ADI</c><00:00:17.920><c> and</c><00:00:18.160><c> today</c><00:00:18.400><c> I'll</c>

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hi everyone uh I'm ADI and today I'll
 

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hi everyone uh I'm ADI and today I'll
share<00:00:18.800><c> with</c><00:00:18.920><c> you</c><00:00:19.160><c> my</c><00:00:19.359><c> thoughts</c><00:00:19.640><c> on</c><00:00:19.840><c> chain</c>

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share with you my thoughts on chain
 

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share with you my thoughts on chain
obstructions<00:00:21.160><c> and</c><00:00:21.359><c> the</c><00:00:21.560><c> associated</c>

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risks<00:00:25.800><c> so</c><00:00:26.160><c> uh</c><00:00:26.400><c> quick</c><00:00:26.599><c> refresher</c><00:00:27.400><c> what</c><00:00:27.519><c> is</c>

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risks so uh quick refresher what is
 

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risks so uh quick refresher what is
chain<00:00:28.160><c> obstruction</c><00:00:29.160><c> um</c><00:00:30.119><c> and</c><00:00:30.320><c> its</c><00:00:30.519><c> main</c><00:00:30.840><c> goal</c>

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chain obstruction um and its main goal
 

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chain obstruction um and its main goal
uh<00:00:32.000><c> so</c><00:00:32.599><c> the</c><00:00:32.759><c> idea</c><00:00:33.160><c> here</c><00:00:33.520><c> is</c><00:00:33.680><c> to</c><00:00:34.120><c> provide</c><00:00:34.440><c> a</c><00:00:34.559><c> user</c>

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uh so the idea here is to provide a user
 

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uh so the idea here is to provide a user
experience<00:00:36.239><c> um</c><00:00:36.559><c> that</c><00:00:36.719><c> is</c><00:00:36.879><c> all</c><00:00:37.160><c> about</c><00:00:37.480><c> enabling</c>

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experience um that is all about enabling
 

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experience um that is all about enabling
users<00:00:38.680><c> to</c><00:00:39.559><c> use</c><00:00:39.920><c> applications</c><00:00:40.600><c> without</c><00:00:40.960><c> having</c>

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users to use applications without having
 

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users to use applications without having
to<00:00:41.399><c> interact</c><00:00:41.920><c> directly</c><00:00:42.600><c> with</c><00:00:43.120><c> Bridges</c><00:00:43.800><c> or</c>

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to interact directly with Bridges or
 

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to interact directly with Bridges or
chains<00:00:45.760><c> so</c><00:00:46.440><c> uh</c><00:00:46.600><c> what</c><00:00:46.760><c> can</c><00:00:46.960><c> possibly</c><00:00:47.320><c> go</c><00:00:47.520><c> wrong</c>

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chains so uh what can possibly go wrong
 

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chains so uh what can possibly go wrong
here<00:00:49.960><c> uh</c><00:00:50.199><c> this</c><00:00:50.320><c> is</c><00:00:50.520><c> a</c><00:00:50.760><c> very</c><00:00:50.960><c> simple</c><00:00:51.440><c> example</c>

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here uh this is a very simple example
 

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here uh this is a very simple example
where<00:00:52.960><c> uh</c><00:00:53.120><c> poor</c><00:00:53.399><c> implementation</c><00:00:54.079><c> of</c>

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where uh poor implementation of
 

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where uh poor implementation of
obstruction<00:00:55.440><c> uh</c><00:00:55.600><c> led</c><00:00:55.840><c> to</c><00:00:56.000><c> a</c><00:00:56.160><c> user</c><00:00:57.559><c> losing</c><00:00:58.559><c> uh</c>

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obstruction uh led to a user losing uh
 

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obstruction uh led to a user losing uh
some<00:00:59.480><c> font</c><00:01:00.079><c> due</c><00:01:00.280><c> to</c><00:01:00.399><c> slippage</c><00:01:01.359><c> what</c><00:01:01.519><c> happened</c>

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some font due to slippage what happened
 

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some font due to slippage what happened
here<00:01:02.239><c> is</c><00:01:02.600><c> that</c><00:01:03.600><c> uh</c><00:01:03.800><c> user</c><00:01:04.119><c> tried</c><00:01:04.400><c> to</c><00:01:04.479><c> bridge</c>

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here is that uh user tried to bridge
 

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here is that uh user tried to bridge
from<00:01:04.920><c> digent</c><00:01:05.280><c> chain</c><00:01:05.720><c> back</c><00:01:05.880><c> to</c><00:01:06.080><c> base</c><00:01:07.080><c> and</c>

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from digent chain back to base and
 

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from digent chain back to base and
because<00:01:08.000><c> the</c><00:01:08.200><c> UI</c><00:01:08.640><c> was</c><00:01:08.799><c> using</c><00:01:09.119><c> an</c><00:01:09.280><c> external</c>

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because the UI was using an external
 

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because the UI was using an external
Bridge<00:01:09.960><c> instead</c><00:01:10.200><c> of</c><00:01:10.320><c> a</c><00:01:10.439><c> canonical</c><00:01:11.240><c> one</c><00:01:12.240><c> uh</c><00:01:12.640><c> it</c>

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Bridge instead of a canonical one uh it
 

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Bridge instead of a canonical one uh it
first<00:01:13.159><c> had</c><00:01:13.320><c> to</c><00:01:13.479><c> slap</c><00:01:13.799><c> funds</c><00:01:14.240><c> to</c><00:01:14.520><c> eat</c><00:01:15.200><c> and</c><00:01:15.400><c> this</c>

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first had to slap funds to eat and this
 

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first had to slap funds to eat and this
is<00:01:15.759><c> where</c><00:01:16.119><c> things</c><00:01:16.360><c> went</c><00:01:16.600><c> wrong</c><00:01:17.200><c> so</c><00:01:17.560><c> the</c><00:01:17.720><c> user</c>

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is where things went wrong so the user
 

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is where things went wrong so the user
incurred<00:01:18.840><c> an</c><00:01:19.000><c> 87%</c>

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incurred an 87%
 

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incurred an 87%
slippage<00:01:21.560><c> um</c><00:01:21.840><c> and</c><00:01:22.000><c> the</c><00:01:22.119><c> thing</c><00:01:22.280><c> is</c><00:01:22.439><c> that</c><00:01:22.799><c> this</c>

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slippage um and the thing is that this
 

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slippage um and the thing is that this
wouldn't<00:01:23.320><c> have</c><00:01:23.560><c> happened</c><00:01:23.960><c> if</c><00:01:24.119><c> economical</c>

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wouldn't have happened if economical
 

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wouldn't have happened if economical
Bridge<00:01:24.920><c> was</c><00:01:25.159><c> used</c><00:01:25.680><c> or</c><00:01:25.920><c> maybe</c><00:01:26.320><c> if</c><00:01:26.439><c> the</c><00:01:26.560><c> user</c><00:01:26.880><c> was</c>

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Bridge was used or maybe if the user was
 

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Bridge was used or maybe if the user was
informed<00:01:27.560><c> that</c><00:01:27.680><c> an</c><00:01:27.840><c> external</c><00:01:28.200><c> bridge</c><00:01:28.479><c> is</c><00:01:28.640><c> used</c>

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informed that an external bridge is used
 

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informed that an external bridge is used
or<00:01:29.280><c> if</c><00:01:29.439><c> they</c><00:01:29.600><c> had</c><00:01:30.000><c> the</c><00:01:30.280><c> option</c><00:01:30.600><c> to</c><00:01:31.159><c> choose</c><00:01:32.159><c> uh</c>

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or if they had the option to choose uh
 

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or if they had the option to choose uh
so<00:01:32.920><c> this</c><00:01:33.200><c> example</c><00:01:34.119><c> is</c><00:01:34.280><c> trying</c><00:01:34.680><c> to</c><00:01:34.840><c> show</c><00:01:35.200><c> the</c>

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so this example is trying to show the
 

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so this example is trying to show the
pitfalls<00:01:36.200><c> of</c><00:01:36.439><c> accountable</c><00:01:36.960><c> struct</c><00:01:37.439><c> of</c><00:01:37.920><c> chain</c>

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pitfalls of accountable struct of chain
 

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pitfalls of accountable struct of chain
obstruction<00:01:39.360><c> when</c><00:01:39.720><c> implemented</c><00:01:40.360><c> on</c><00:01:40.560><c> the</c>

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obstruction when implemented on the
 

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obstruction when implemented on the
wrong

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wrong
 

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wrong
level<00:01:43.079><c> so</c><00:01:43.439><c> how</c><00:01:43.759><c> how</c><00:01:43.920><c> can</c><00:01:44.079><c> we</c><00:01:44.240><c> do</c><00:01:44.399><c> it</c>

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level so how how can we do it
 

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level so how how can we do it
better<00:01:46.399><c> um</c><00:01:46.960><c> there</c><00:01:47.119><c> is</c><00:01:47.280><c> this</c><00:01:47.520><c> example</c><00:01:47.960><c> of</c><00:01:48.079><c> an</c>

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better um there is this example of an
 

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better um there is this example of an
intent<00:01:48.560><c> based</c><00:01:48.880><c> protocol</c><00:01:49.320><c> and</c><00:01:49.479><c> there</c><00:01:49.600><c> are</c><00:01:49.799><c> lots</c>

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intent based protocol and there are lots
 

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intent based protocol and there are lots
of<00:01:50.119><c> different</c><00:01:50.600><c> designs</c><00:01:51.600><c> but</c><00:01:51.880><c> the</c><00:01:52.040><c> idea</c><00:01:52.479><c> here</c>

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of different designs but the idea here
 

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of different designs but the idea here
is<00:01:53.119><c> that</c><00:01:53.439><c> part</c><00:01:53.640><c> of</c><00:01:53.880><c> the</c><00:01:54.040><c> risks</c><00:01:54.640><c> are</c><00:01:55.320><c> moved</c><00:01:55.759><c> away</c>

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is that part of the risks are moved away
 

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is that part of the risks are moved away
from<00:01:56.399><c> the</c><00:01:56.880><c> user</c><00:01:57.880><c> uh</c><00:01:58.119><c> so</c><00:01:58.560><c> here</c><00:01:58.719><c> we</c><00:01:58.840><c> have</c><00:01:59.039><c> this</c>

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from the user uh so here we have this
 

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from the user uh so here we have this
entity<00:01:59.920><c> called</c><00:02:00.479><c> solver</c><00:02:01.479><c> uh</c><00:02:01.759><c> that</c><00:02:02.399><c> basically</c>

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entity called solver uh that basically
 

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entity called solver uh that basically
once<00:02:03.280><c> the</c><00:02:03.399><c> user</c><00:02:03.640><c> deposits</c><00:02:04.119><c> funds</c><00:02:04.680><c> the</c><00:02:04.799><c> solver</c>

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once the user deposits funds the solver
 

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once the user deposits funds the solver
almost<00:02:05.520><c> immediately</c><00:02:06.079><c> provides</c><00:02:06.520><c> the</c><00:02:06.640><c> funds</c><00:02:06.920><c> to</c>

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almost immediately provides the funds to
 

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almost immediately provides the funds to
them<00:02:07.479><c> on</c><00:02:07.680><c> the</c><00:02:07.880><c> destination</c><00:02:08.399><c> chain</c><00:02:09.280><c> the</c><00:02:09.399><c> idea</c>

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them on the destination chain the idea
 

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them on the destination chain the idea
here<00:02:10.160><c> is</c><00:02:10.360><c> that</c><00:02:10.679><c> the</c><00:02:10.840><c> user</c><00:02:11.400><c> still</c><00:02:11.800><c> has</c><00:02:11.920><c> to</c><00:02:12.120><c> trust</c>

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here is that the user still has to trust
 

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here is that the user still has to trust
the<00:02:12.599><c> solver</c><00:02:13.200><c> to</c><00:02:13.360><c> not</c><00:02:13.560><c> censor</c><00:02:14.080><c> them</c><00:02:14.879><c> and</c><00:02:15.319><c> the</c>

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the solver to not censor them and the
 

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the solver to not censor them and the
ASC<00:02:16.280><c> smart</c><00:02:16.560><c> contract</c><00:02:16.959><c> on</c><00:02:17.080><c> the</c><00:02:17.200><c> source</c><00:02:17.720><c> chain</c>

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ASC smart contract on the source chain
 

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ASC smart contract on the source chain
uh<00:02:19.040><c> but</c><00:02:19.280><c> apart</c><00:02:19.519><c> from</c><00:02:19.760><c> this</c><00:02:19.959><c> they</c><00:02:20.080><c> don't</c><00:02:20.280><c> have</c>

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uh but apart from this they don't have
 

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uh but apart from this they don't have
to<00:02:20.640><c> care</c><00:02:21.080><c> about</c><00:02:22.080><c> uh</c><00:02:22.280><c> finality</c><00:02:22.959><c> and</c><00:02:23.239><c> settlement</c>

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to care about uh finality and settlement
 

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to care about uh finality and settlement
because<00:02:24.599><c> those</c><00:02:24.760><c> are</c><00:02:25.280><c> risks</c><00:02:25.800><c> that</c><00:02:26.000><c> the</c><00:02:26.160><c> so</c><00:02:26.560><c> is</c>

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because those are risks that the so is
 

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because those are risks that the so is
taking<00:02:27.160><c> instead</c><00:02:27.480><c> of</c><00:02:27.640><c> them</c>

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taking instead of them
 

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taking instead of them
and<00:02:30.519><c> uh</c><00:02:30.640><c> there</c><00:02:30.760><c> is</c><00:02:30.920><c> this</c><00:02:31.160><c> concept</c><00:02:31.879><c> of</c><00:02:32.120><c> chain</c>

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and uh there is this concept of chain
 

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and uh there is this concept of chain
abstracted<00:02:33.319><c> balances</c><00:02:34.319><c> uh</c><00:02:34.720><c> this</c><00:02:34.840><c> is</c><00:02:34.920><c> the</c><00:02:35.040><c> third</c>

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abstracted balances uh this is the third
 

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abstracted balances uh this is the third
example<00:02:36.560><c> um</c><00:02:37.080><c> the</c><00:02:37.239><c> thing</c><00:02:37.519><c> here</c><00:02:37.879><c> is</c><00:02:38.160><c> that</c><00:02:38.920><c> if</c><00:02:39.080><c> the</c>

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example um the thing here is that if the
 

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example um the thing here is that if the
user<00:02:39.800><c> only</c><00:02:40.280><c> sees</c><00:02:41.280><c> uh</c><00:02:41.440><c> one</c><00:02:41.879><c> total</c><00:02:42.400><c> balance</c><00:02:43.400><c> uh</c>

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user only sees uh one total balance uh
 

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user only sees uh one total balance uh
that<00:02:43.680><c> they</c><00:02:43.840><c> have</c><00:02:44.040><c> across</c><00:02:44.400><c> all</c><00:02:44.879><c> chains</c><00:02:45.879><c> they</c>

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that they have across all chains they
 

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that they have across all chains they
might<00:02:47.200><c> um</c><00:02:47.840><c> not</c><00:02:48.280><c> realize</c><00:02:49.280><c> uh</c><00:02:49.440><c> that</c><00:02:49.640><c> for</c><00:02:49.800><c> example</c>

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might um not realize uh that for example
 

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might um not realize uh that for example
most<00:02:50.319><c> of</c><00:02:50.480><c> their</c><00:02:50.640><c> funds</c><00:02:51.040><c> are</c><00:02:51.440><c> on</c><00:02:51.599><c> a</c><00:02:51.840><c> highrisk</c>

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most of their funds are on a highrisk
 

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most of their funds are on a highrisk
chain<00:02:53.200><c> and</c><00:02:53.319><c> this</c><00:02:53.440><c> is</c><00:02:53.760><c> because</c><00:02:54.760><c> um</c><00:02:55.640><c> the</c><00:02:55.879><c> assets</c>

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chain and this is because um the assets
 

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chain and this is because um the assets
that<00:02:56.480><c> you</c><00:02:56.800><c> have</c><00:02:57.760><c> uh</c><00:02:57.959><c> inherit</c><00:02:58.440><c> all</c><00:02:58.680><c> the</c><00:02:58.920><c> risks</c>

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that you have uh inherit all the risks
 

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that you have uh inherit all the risks
of<00:03:00.040><c> their</c><00:03:00.239><c> underlying</c><00:03:01.040><c> assets</c><00:03:01.640><c> which</c><00:03:01.879><c> depend</c>

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of their underlying assets which depend
 

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of their underlying assets which depend
on<00:03:02.760><c> the</c><00:03:02.879><c> bridges</c><00:03:03.319><c> and</c><00:03:03.480><c> the</c><00:03:03.599><c> chains</c><00:03:04.080><c> that</c><00:03:04.200><c> were</c>

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on the bridges and the chains that were
 

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on the bridges and the chains that were
used<00:03:05.280><c> this</c><00:03:05.480><c> an</c><00:03:05.680><c> example</c><00:03:06.159><c> with</c><00:03:06.879><c> AP</c><00:03:07.400><c> on</c><00:03:07.560><c> AP</c><00:03:07.799><c> chain</c>

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used this an example with AP on AP chain
 

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used this an example with AP on AP chain
but<00:03:08.080><c> there</c><00:03:08.159><c> are</c><00:03:08.319><c> lots</c><00:03:08.480><c> of</c><00:03:08.599><c> different</c><00:03:08.920><c> examples</c>

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but there are lots of different examples
 

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but there are lots of different examples
and<00:03:10.000><c> here</c><00:03:11.000><c> um</c><00:03:11.360><c> the</c><00:03:11.799><c> token</c><00:03:12.280><c> that</c><00:03:12.400><c> is</c><00:03:12.480><c> on</c><00:03:12.720><c> AP</c>

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and here um the token that is on AP
 

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and here um the token that is on AP
chain<00:03:13.720><c> uh</c><00:03:13.879><c> is</c><00:03:14.120><c> basically</c><00:03:14.440><c> inheriting</c>

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chain uh is basically inheriting
 

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chain uh is basically inheriting
security<00:03:15.319><c> from</c><00:03:15.560><c> the</c><00:03:15.799><c> canonical</c><00:03:16.360><c> Bridge</c><00:03:17.040><c> as</c>

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security from the canonical Bridge as
 

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security from the canonical Bridge as
well<00:03:17.480><c> as</c><00:03:17.720><c> layer</c>

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well as layer
 

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well as layer
zero<00:03:20.720><c> um</c><00:03:21.159><c> so</c><00:03:21.440><c> the</c><00:03:21.560><c> point</c><00:03:21.799><c> that</c><00:03:21.959><c> I</c><00:03:22.120><c> want</c><00:03:22.319><c> to</c><00:03:22.560><c> make</c>

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zero um so the point that I want to make
 

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zero um so the point that I want to make
is<00:03:23.440><c> that</c><00:03:24.440><c> um</c><00:03:25.239><c> first</c><00:03:25.480><c> of</c><00:03:25.599><c> all</c><00:03:26.200><c> uh</c><00:03:26.400><c> if</c><00:03:26.680><c> there</c><00:03:26.879><c> are</c>

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is that um first of all uh if there are
 

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is that um first of all uh if there are
any<00:03:27.599><c> risks</c><00:03:28.599><c> uh</c><00:03:29.120><c> that</c><00:03:29.280><c> where</c><00:03:29.439><c> the</c><00:03:29.560><c> US</c>

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any risks uh that where the US
 

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any risks uh that where the US
can

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can
 

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can
[Music]

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[Music]
 

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[Music]
um<00:03:33.720><c> that</c><00:03:33.840><c> can</c><00:03:34.000><c> still</c><00:03:34.280><c> affect</c><00:03:34.560><c> the</c><00:03:34.720><c> user</c><00:03:35.239><c> and</c>

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um that can still affect the user and
 

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um that can still affect the user and
they<00:03:35.599><c> can</c><00:03:35.959><c> potentially</c><00:03:36.400><c> lose</c><00:03:36.720><c> funds</c><00:03:37.480><c> they</c>

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they can potentially lose funds they
 

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they can potentially lose funds they
should<00:03:38.040><c> be</c><00:03:38.480><c> shown</c><00:03:38.840><c> to</c><00:03:38.959><c> the</c><00:03:39.080><c> user</c><00:03:39.439><c> they</c><00:03:39.519><c> should</c>

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should be shown to the user they should
 

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should be shown to the user they should
not<00:03:39.879><c> be</c><00:03:40.040><c> hidden</c><00:03:40.640><c> and</c><00:03:40.920><c> in</c><00:03:41.040><c> the</c><00:03:41.200><c> example</c><00:03:41.680><c> with</c>

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not be hidden and in the example with
 

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not be hidden and in the example with
the<00:03:41.959><c> chain</c><00:03:42.640><c> um</c><00:03:42.840><c> abstracted</c><00:03:43.760><c> balances</c><00:03:44.760><c> uh</c><00:03:44.920><c> I</c>

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the chain um abstracted balances uh I
 

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the chain um abstracted balances uh I
believe<00:03:45.439><c> that</c><00:03:45.640><c> at</c><00:03:45.840><c> this</c><00:03:46.040><c> stage</c><00:03:46.439><c> we</c><00:03:46.560><c> are</c><00:03:46.840><c> not</c>

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believe that at this stage we are not
 

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believe that at this stage we are not
ready<00:03:47.680><c> to</c><00:03:48.439><c> hide</c><00:03:48.760><c> the</c><00:03:48.920><c> risks</c><00:03:49.599><c> uh</c><00:03:49.760><c> just</c><00:03:50.000><c> because</c>

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ready to hide the risks uh just because
 

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ready to hide the risks uh just because
the<00:03:51.239><c> most</c><00:03:51.439><c> of</c><00:03:51.560><c> the</c><00:03:51.720><c> chains</c><00:03:52.079><c> are</c><00:03:52.280><c> not</c><00:03:52.480><c> secure</c>

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the most of the chains are not secure
 

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the most of the chains are not secure
enough<00:03:54.200><c> um</c><00:03:54.400><c> so</c><00:03:54.640><c> chain</c><00:03:54.920><c> obstruction</c><00:03:55.480><c> should</c>

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enough um so chain obstruction should
 

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enough um so chain obstruction should
not<00:03:55.879><c> be</c><00:03:56.159><c> risk</c><00:03:56.480><c> abstraction</c><00:03:57.120><c> in</c><00:03:57.200><c> a</c><00:03:57.400><c> sense</c><00:03:57.840><c> where</c>

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not be risk abstraction in a sense where
 

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not be risk abstraction in a sense where
uh<00:03:58.799><c> there</c><00:03:58.920><c> are</c><00:03:59.200><c> risks</c><00:03:59.840><c> that</c><00:04:00.640><c> um</c><00:04:01.519><c> the</c><00:04:01.640><c> user</c><00:04:01.959><c> is</c>

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uh there are risks that um the user is
 

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uh there are risks that um the user is
not<00:04:02.319><c> protected</c><00:04:02.760><c> from</c><00:04:03.120><c> and</c><00:04:03.239><c> they</c><00:04:03.360><c> are</c><00:04:03.519><c> not</c>

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not protected from and they are not
 

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not protected from and they are not
aware<00:04:04.079><c> of</c><00:04:04.280><c> them</c><00:04:04.879><c> and</c><00:04:05.239><c> they</c><00:04:05.439><c> might</c><00:04:05.760><c> cause</c><00:04:06.280><c> funds</c>

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aware of them and they might cause funds
 

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aware of them and they might cause funds
to<00:04:07.480><c> uh</c><00:04:07.599><c> get</c><00:04:07.920><c> stolen</c><00:04:08.360><c> or</c>

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to uh get stolen or
 

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to uh get stolen or
lost<00:04:10.720><c> but</c><00:04:11.000><c> chain</c><00:04:11.519><c> obstruction</c><00:04:12.519><c> uh</c><00:04:12.680><c> should</c><00:04:12.959><c> be</c>

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lost but chain obstruction uh should be
 

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lost but chain obstruction uh should be
risk<00:04:13.480><c> obstruction</c><00:04:13.959><c> in</c><00:04:14.079><c> the</c><00:04:14.280><c> sense</c><00:04:14.760><c> that</c><00:04:15.599><c> uh</c><00:04:15.879><c> we</c>

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risk obstruction in the sense that uh we
 

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risk obstruction in the sense that uh we
should<00:04:16.199><c> try</c><00:04:16.519><c> to</c><00:04:16.720><c> protect</c><00:04:17.040><c> the</c><00:04:17.160><c> users</c><00:04:17.720><c> from</c>

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should try to protect the users from
 

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should try to protect the users from
those<00:04:18.440><c> risks</c><00:04:19.440><c> and</c><00:04:19.880><c> this</c><00:04:20.040><c> can</c><00:04:20.280><c> be</c><00:04:20.799><c> by</c><00:04:21.479><c> uh</c>

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those risks and this can be by uh
 

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those risks and this can be by uh
limiting<00:04:22.120><c> some</c><00:04:22.759><c> uh</c><00:04:22.919><c> actions</c><00:04:23.199><c> on</c><00:04:23.360><c> the</c><00:04:23.440><c> front</c>

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limiting some uh actions on the front
 

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limiting some uh actions on the front
end<00:04:24.000><c> or</c><00:04:24.240><c> by</c><00:04:24.680><c> introducing</c><00:04:25.680><c> some</c><00:04:26.000><c> additional</c><00:04:26.800><c> uh</c>

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end or by introducing some additional uh
 

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end or by introducing some additional uh
entities<00:04:27.479><c> who</c><00:04:27.639><c> would</c><00:04:27.800><c> bear</c><00:04:28.080><c> the</c><00:04:28.199><c> risks</c>

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entities who would bear the risks
 

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entities who would bear the risks
instead<00:04:29.039><c> of</c><00:04:29.199><c> the</c><00:04:29.320><c> users</c>

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and<00:04:32.759><c> um</c><00:04:33.680><c> as</c><00:04:33.800><c> a</c><00:04:33.919><c> last</c><00:04:34.120><c> thing</c><00:04:34.360><c> I</c><00:04:34.440><c> want</c><00:04:34.600><c> to</c><00:04:34.759><c> say</c>

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and um as a last thing I want to say
 

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and um as a last thing I want to say
that<00:04:35.280><c> we</c><00:04:35.479><c> at</c><00:04:35.600><c> L2</c><00:04:36.000><c> beat</c><00:04:36.919><c> um</c><00:04:37.919><c> want</c><00:04:38.160><c> to</c><00:04:39.039><c> um</c><00:04:39.280><c> I</c><00:04:39.320><c> mean</c>

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that we at L2 beat um want to um I mean
 

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that we at L2 beat um want to um I mean
we<00:04:39.639><c> believe</c><00:04:39.919><c> in</c><00:04:40.479><c> transparency</c><00:04:41.479><c> and</c><00:04:41.960><c> we</c><00:04:42.080><c> also</c>

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we believe in transparency and we also
 

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we believe in transparency and we also
like<00:04:42.680><c> red</c><00:04:43.120><c> warnings</c><00:04:44.120><c> so</c><00:04:44.919><c> um</c><00:04:45.479><c> we</c><00:04:45.840><c> introduced</c>

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like red warnings so um we introduced
 

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like red warnings so um we introduced
these<00:04:46.639><c> two</c><00:04:47.039><c> called</c><00:04:47.400><c> Insight</c><00:04:48.280><c> where</c><00:04:48.560><c> you</c><00:04:48.680><c> can</c>

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these two called Insight where you can
 

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these two called Insight where you can
check<00:04:49.120><c> all</c><00:04:49.400><c> the</c><00:04:49.520><c> risks</c><00:04:50.120><c> of</c><00:04:50.440><c> your</c><00:04:51.600><c> portfolio</c><00:04:52.600><c> uh</c>

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check all the risks of your portfolio uh
 

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check all the risks of your portfolio uh
by<00:04:53.039><c> inputting</c><00:04:53.479><c> your</c><00:04:54.120><c> address</c><00:04:55.120><c> uh</c><00:04:55.360><c> so</c><00:04:55.919><c> in</c><00:04:56.080><c> this</c>

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by inputting your address uh so in this
 

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by inputting your address uh so in this
example<00:04:56.759><c> you</c><00:04:56.880><c> would</c><00:04:57.039><c> see</c><00:04:57.320><c> all</c><00:04:57.479><c> the</c><00:04:57.639><c> underlying</c>

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example you would see all the underlying
 

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example you would see all the underlying
tokens<00:04:58.960><c> of</c><00:04:59.320><c> uh</c><00:04:59.440><c> a</c><00:04:59.759><c> on</c><00:04:59.960><c> AP</c><00:05:00.199><c> chain</c><00:05:01.039><c> and</c><00:05:01.240><c> all</c><00:05:01.479><c> the</c>

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tokens of uh a on AP chain and all the
 

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tokens of uh a on AP chain and all the
risks<00:05:01.960><c> that</c><00:05:02.160><c> come</c><00:05:02.320><c> from</c><00:05:02.520><c> the</c><00:05:02.759><c> canonical</c>

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risks that come from the canonical
 

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risks that come from the canonical
Bridge<00:05:03.639><c> or</c><00:05:03.840><c> lezero</c><00:05:04.560><c> or</c><00:05:05.000><c> the</c><00:05:05.199><c> token</c><00:05:06.000><c> itself</c><00:05:07.000><c> uh</c>

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Bridge or lezero or the token itself uh
 

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Bridge or lezero or the token itself uh
and<00:05:07.320><c> this</c><00:05:07.400><c> is</c><00:05:07.560><c> mostly</c><00:05:07.919><c> targeted</c><00:05:08.479><c> towards</c>

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and this is mostly targeted towards
 

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and this is mostly targeted towards
regular<00:05:09.520><c> users</c><00:05:10.240><c> who</c><00:05:10.800><c> want</c><00:05:11.000><c> to</c><00:05:11.160><c> know</c><00:05:11.479><c> how</c><00:05:12.000><c> risky</c>

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regular users who want to know how risky
 

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regular users who want to know how risky
the<00:05:12.800><c> assets</c><00:05:13.240><c> they</c><00:05:13.440><c> hold</c><00:05:13.800><c> are</c><00:05:14.639><c> but</c><00:05:14.919><c> if</c><00:05:15.039><c> you</c><00:05:15.160><c> are</c>

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the assets they hold are but if you are
 

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the assets they hold are but if you are
um<00:05:16.720><c> developer</c><00:05:17.720><c> um</c><00:05:18.479><c> and</c><00:05:19.479><c> uh</c><00:05:19.600><c> you</c><00:05:19.720><c> want</c><00:05:19.880><c> to</c><00:05:20.039><c> make</c>

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um developer um and uh you want to make
 

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um developer um and uh you want to make
the<00:05:20.400><c> best</c><00:05:20.639><c> decisions</c><00:05:21.400><c> on</c><00:05:21.639><c> behalf</c><00:05:21.960><c> of</c><00:05:22.080><c> your</c>

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the best decisions on behalf of your
 

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the best decisions on behalf of your
users<00:05:22.919><c> you</c><00:05:23.080><c> can</c><00:05:23.840><c> also</c><00:05:24.120><c> find</c><00:05:24.440><c> this</c><00:05:24.720><c> useful</c><00:05:25.280><c> so</c>

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users you can also find this useful so
 

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users you can also find this useful so
uh<00:05:26.120><c> make</c><00:05:26.280><c> sure</c><00:05:26.479><c> to</c><00:05:26.680><c> check</c><00:05:26.840><c> it</c><00:05:27.000><c> out</c><00:05:27.319><c> once</c><00:05:27.600><c> it's</c>

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uh make sure to check it out once it's
 

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uh make sure to check it out once it's
life

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life
 

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life
thank

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you<00:05:34.440><c> thanks</c><00:05:34.960><c> Rina</c><00:05:35.960><c> all</c><00:05:36.080><c> right</c><00:05:36.400><c> we</c><00:05:36.520><c> have</c><00:05:36.680><c> time</c>

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you thanks Rina all right we have time
 

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you thanks Rina all right we have time
for<00:05:37.000><c> some</c><00:05:37.240><c> questions</c><00:05:38.160><c> who</c><00:05:38.400><c> wants</c><00:05:38.639><c> to</c><00:05:38.880><c> ask</c><00:05:39.240><c> one</c>

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for some questions who wants to ask one
 

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for some questions who wants to ask one
raise<00:05:39.800><c> your</c>

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raise your
 

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raise your
hand<00:05:42.160><c> don't</c><00:05:42.440><c> be</c>

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hand don't be
 

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hand don't be
shy<00:05:44.800><c> you</c><00:05:44.960><c> can</c><00:05:45.160><c> do</c>

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shy you can do
 

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shy you can do
it<00:05:47.759><c> if</c><00:05:47.919><c> not</c><00:05:48.160><c> I'll</c><00:05:48.360><c> ask</c><00:05:48.560><c> a</c><00:05:48.720><c> question</c><00:05:48.960><c> and</c><00:05:49.080><c> I</c><00:05:49.199><c> know</c>

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it if not I'll ask a question and I know
 

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it if not I'll ask a question and I know
your<00:05:49.680><c> your</c><00:05:49.880><c> questions</c><00:05:50.199><c> are</c><00:05:50.400><c> better</c><00:05:51.199><c> yes</c>

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your your questions are better yes
 

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your your questions are better yes
amazing<00:05:53.360><c> hello</c>

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amazing hello
 

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amazing hello
you<00:05:55.479><c> and</c>

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you and
 

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you and
catch<00:05:59.319><c> um</c><00:05:59.680><c> I</c><00:05:59.759><c> want</c><00:05:59.919><c> to</c><00:06:00.160><c> ask</c><00:06:00.680><c> like</c><00:06:01.160><c> for</c><00:06:01.759><c> a</c><00:06:01.919><c> simple</c>

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catch um I want to ask like for a simple
 

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catch um I want to ask like for a simple
Finance<00:06:03.080><c> product</c><00:06:04.120><c> um</c><00:06:05.120><c> like</c><00:06:05.240><c> a</c><00:06:05.400><c> very</c><00:06:05.639><c> very</c>

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Finance product um like a very very
 

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Finance product um like a very very
simple<00:06:06.199><c> one</c><00:06:06.479><c> without</c><00:06:06.759><c> all</c><00:06:06.919><c> the</c><00:06:07.080><c> sophisticated</c>

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simple one without all the sophisticated
 

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simple one without all the sophisticated
stuff<00:06:08.240><c> what</c><00:06:08.360><c> would</c><00:06:08.479><c> you</c><00:06:08.680><c> recommend</c><00:06:09.080><c> to</c><00:06:09.560><c> devs</c>

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stuff what would you recommend to devs
 

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stuff what would you recommend to devs
um<00:06:10.960><c> obviously</c><00:06:11.280><c> when</c><00:06:11.400><c> you're</c><00:06:11.520><c> on</c><00:06:11.680><c> boarding</c>

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um obviously when you're on boarding
 

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um obviously when you're on boarding
completely<00:06:12.360><c> new</c><00:06:12.560><c> be</c><00:06:12.800><c> users</c><00:06:13.400><c> you</c><00:06:13.599><c> you</c><00:06:13.680><c> don't</c>

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completely new be users you you don't
 

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completely new be users you you don't
want<00:06:14.000><c> to</c><00:06:14.160><c> expose</c><00:06:14.599><c> everything</c><00:06:15.599><c> what</c><00:06:15.720><c> would</c><00:06:15.880><c> you</c>

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want to expose everything what would you
 

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want to expose everything what would you
recommend<00:06:16.479><c> devs</c>

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recommend devs
 

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recommend devs
to<00:06:18.800><c> yeah</c><00:06:19.000><c> so</c><00:06:19.800><c> um</c><00:06:20.400><c> I</c><00:06:20.479><c> think</c><00:06:20.759><c> that</c><00:06:21.520><c> uh</c><00:06:22.080><c> when</c><00:06:22.720><c> if</c>

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to yeah so um I think that uh when if
 

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to yeah so um I think that uh when if
the<00:06:23.039><c> developers</c><00:06:23.840><c> want</c><00:06:24.240><c> in</c><00:06:24.400><c> some</c><00:06:24.680><c> way</c><00:06:25.000><c> to</c>

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the developers want in some way to
 

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the developers want in some way to
onboard<00:06:25.960><c> users</c><00:06:26.520><c> without</c><00:06:26.840><c> introducing</c><00:06:27.280><c> them</c>

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onboard users without introducing them
 

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onboard users without introducing them
to<00:06:27.520><c> the</c><00:06:27.680><c> complexity</c><00:06:28.080><c> of</c><00:06:28.160><c> the</c><00:06:28.240><c> chains</c><00:06:28.479><c> and</c><00:06:28.599><c> the</c>

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to the complexity of the chains and the
 

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to the complexity of the chains and the
bridges<00:06:29.039><c> so</c><00:06:29.240><c> using</c><00:06:29.639><c> some</c><00:06:29.759><c> kind</c><00:06:29.880><c> of</c><00:06:29.960><c> chain</c>

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bridges so using some kind of chain
 

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bridges so using some kind of chain
obstruction<00:06:31.680><c> um</c><00:06:32.680><c> in</c><00:06:32.840><c> case</c><00:06:33.080><c> they</c><00:06:33.240><c> don't</c><00:06:33.400><c> want</c>

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obstruction um in case they don't want
 

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obstruction um in case they don't want
to<00:06:33.720><c> surface</c><00:06:34.080><c> all</c><00:06:34.280><c> the</c><00:06:34.400><c> risks</c><00:06:34.800><c> because</c><00:06:35.240><c> it</c><00:06:35.360><c> can</c>

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to surface all the risks because it can
 

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to surface all the risks because it can
be<00:06:35.880><c> overwhelming</c><00:06:36.880><c> they</c><00:06:37.000><c> should</c><00:06:37.160><c> make</c><00:06:37.319><c> sure</c>

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be overwhelming they should make sure
 

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be overwhelming they should make sure
that<00:06:37.759><c> they</c><00:06:37.919><c> make</c><00:06:38.240><c> the</c><00:06:38.440><c> best</c><00:06:38.680><c> choice</c><00:06:39.080><c> for</c><00:06:39.319><c> their</c>

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that they make the best choice for their
 

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that they make the best choice for their
users<00:06:40.120><c> so</c><00:06:40.400><c> it</c><00:06:40.560><c> can</c><00:06:40.759><c> be</c><00:06:41.400><c> something</c><00:06:41.880><c> like</c>

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users so it can be something like
 

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users so it can be something like
limiting<00:06:42.680><c> the</c><00:06:42.840><c> chains</c><00:06:43.240><c> they</c><00:06:43.440><c> support</c><00:06:44.199><c> based</c>

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limiting the chains they support based
 

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limiting the chains they support based
on<00:06:44.800><c> the</c><00:06:45.240><c> risks</c><00:06:45.759><c> that</c><00:06:46.759><c> uh</c><00:06:47.039><c> they</c><00:06:47.199><c> might</c>

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on the risks that uh they might
 

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on the risks that uh they might
introduce<00:06:48.599><c> or</c><00:06:48.880><c> limiting</c><00:06:49.319><c> the</c><00:06:49.599><c> assets</c><00:06:50.599><c> or</c><00:06:51.360><c> uh</c>

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introduce or limiting the assets or uh
 

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introduce or limiting the assets or uh
maybe<00:06:51.800><c> doing</c><00:06:52.120><c> some</c><00:06:52.440><c> kind</c><00:06:52.759><c> of</c><00:06:53.240><c> summary</c><00:06:53.919><c> of</c><00:06:54.080><c> the</c>

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maybe doing some kind of summary of the
 

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maybe doing some kind of summary of the
risk<00:06:54.880><c> like</c><00:06:55.280><c> high</c><00:06:56.280><c> uh</c><00:06:56.400><c> medium</c><00:06:56.960><c> low</c><00:06:57.400><c> and</c><00:06:57.560><c> then</c>

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risk like high uh medium low and then
 

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risk like high uh medium low and then
profiling<00:06:58.280><c> their</c><00:06:58.520><c> users</c><00:06:59.319><c> uh</c><00:06:59.599><c> to</c><00:06:59.680><c> show</c><00:06:59.840><c> the</c><00:06:59.919><c> RIS</c>

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profiling their users uh to show the RIS
 

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profiling their users uh to show the RIS
depending<00:07:00.919><c> on</c><00:07:01.919><c> um</c><00:07:02.160><c> yeah</c><00:07:02.400><c> their</c><00:07:02.720><c> user</c>

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depending on um yeah their user
 

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depending on um yeah their user
profile<00:07:05.319><c> thank</c><00:07:05.479><c> you</c><00:07:05.879><c> cool</c><00:07:06.680><c> we</c><00:07:06.800><c> have</c><00:07:06.960><c> time</c><00:07:07.199><c> for</c>

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profile thank you cool we have time for
 

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profile thank you cool we have time for
another

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another
 

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another
[Music]

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question<00:07:13.440><c> anyone</c><00:07:14.160><c> yes</c>

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here<00:07:18.039><c> another</c><00:07:18.440><c> question</c><00:07:18.720><c> is</c><00:07:18.960><c> that</c><00:07:19.280><c> for</c><00:07:19.639><c> the</c><00:07:20.520><c> I</c>

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here another question is that for the I
 

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here another question is that for the I
think<00:07:21.039><c> the</c><00:07:21.160><c> chain</c><00:07:21.479><c> abstraction</c><00:07:22.280><c> definitely</c>

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think the chain abstraction definitely
 

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think the chain abstraction definitely
great<00:07:23.080><c> user</c><00:07:23.599><c> experience</c><00:07:24.400><c> and</c><00:07:24.639><c> also</c><00:07:25.039><c> you</c>

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great user experience and also you
 

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great user experience and also you
mention<00:07:25.560><c> the</c><00:07:25.759><c> risk</c><00:07:26.479><c> mitigations</c><00:07:27.199><c> as</c><00:07:27.360><c> well</c><00:07:28.120><c> but</c>

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mention the risk mitigations as well but
 

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mention the risk mitigations as well but
in<00:07:28.520><c> general</c><00:07:29.039><c> Beyond</c><00:07:29.560><c> like</c><00:07:29.800><c> the</c><00:07:30.039><c> Insight</c><00:07:30.840><c> what</c>

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in general Beyond like the Insight what
 

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in general Beyond like the Insight what
are<00:07:31.199><c> there</c><00:07:31.440><c> some</c><00:07:31.639><c> of</c><00:07:31.879><c> the</c><00:07:32.800><c> kind</c><00:07:32.960><c> of</c><00:07:33.160><c> mechanisms</c>

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are there some of the kind of mechanisms
 

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are there some of the kind of mechanisms
which<00:07:34.000><c> should</c><00:07:34.680><c> you</c><00:07:34.919><c> guys</c><00:07:35.080><c> put</c><00:07:35.280><c> in</c><00:07:35.440><c> place</c><00:07:35.720><c> to</c>

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which should you guys put in place to
 

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which should you guys put in place to
increase<00:07:36.199><c> the</c><00:07:36.319><c> user</c><00:07:36.960><c> like</c><00:07:37.080><c> you</c><00:07:37.199><c> know</c><00:07:37.360><c> trust</c>

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increase the user like you know trust
 

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increase the user like you know trust
the<00:07:37.879><c> confidence</c><00:07:38.919><c> on</c><00:07:39.919><c> of</c><00:07:40.160><c> the</c><00:07:40.520><c> reliability</c><00:07:41.199><c> of</c>

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the confidence on of the reliability of
 

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the confidence on of the reliability of
the<00:07:41.560><c> abstraction</c><00:07:42.160><c> on</c>

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the abstraction on
 

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the abstraction on
that<00:07:45.360><c> uh</c><00:07:45.520><c> so</c><00:07:45.759><c> the</c><00:07:45.919><c> question</c><00:07:46.280><c> is</c><00:07:46.560><c> what</c>

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that uh so the question is what
 

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that uh so the question is what
procedures<00:07:47.280><c> should</c><00:07:47.479><c> be</c><00:07:47.639><c> followed</c><00:07:48.599><c> uh</c><00:07:49.159><c> uh</c>

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procedures should be followed uh uh
 

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procedures should be followed uh uh
primar<00:07:49.840><c> what</c><00:07:49.960><c> other</c><00:07:50.319><c> mechanism</c><00:07:50.879><c> you</c><00:07:51.199><c> put</c><00:07:51.440><c> in</c>

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primar what other mechanism you put in
 

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primar what other mechanism you put in
place<00:07:51.879><c> to</c><00:07:52.080><c> increase</c><00:07:52.639><c> the</c><00:07:53.479><c> credibility</c><00:07:54.120><c> and</c>

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place to increase the credibility and
 

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place to increase the credibility and
I'll<00:07:54.440><c> increase</c><00:07:54.840><c> the</c><00:07:55.000><c> trust</c><00:07:55.520><c> from</c><00:07:55.720><c> the</c><00:07:55.879><c> user</c>

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I'll increase the trust from the user
 

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I'll increase the trust from the user
for<00:07:56.680><c> the</c><00:07:56.919><c> account</c><00:07:57.319><c> abstraction</c>

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for the account abstraction
 

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for the account abstraction
um<00:08:00.039><c> all</c><00:08:00.240><c> right</c><00:08:00.440><c> so</c><00:08:01.000><c> uh</c><00:08:01.159><c> I</c><00:08:01.280><c> think</c><00:08:01.479><c> that</c><00:08:01.919><c> when</c>

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um all right so uh I think that when
 

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um all right so uh I think that when
implementing<00:08:02.639><c> chain</c><00:08:02.919><c> obstruction</c><00:08:04.039><c> and</c><00:08:05.039><c> um</c><00:08:05.919><c> I</c>

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implementing chain obstruction and um I
 

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implementing chain obstruction and um I
guess<00:08:06.199><c> we</c><00:08:06.280><c> can</c><00:08:06.440><c> use</c><00:08:06.639><c> this</c><00:08:06.840><c> example</c><00:08:07.280><c> with</c><00:08:08.080><c> the</c>

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guess we can use this example with the
 

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guess we can use this example with the
uh<00:08:09.360><c> intent</c><00:08:09.759><c> based</c><00:08:10.080><c> protocols</c><00:08:11.039><c> uh</c><00:08:11.159><c> in</c><00:08:11.280><c> this</c>

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uh intent based protocols uh in this
 

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uh intent based protocols uh in this
case<00:08:11.639><c> for</c><00:08:11.879><c> example</c><00:08:12.599><c> if</c><00:08:13.159><c> uh</c><00:08:13.759><c> the</c><00:08:13.879><c> user</c><00:08:14.280><c> has</c><00:08:14.440><c> to</c>

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case for example if uh the user has to
 

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case for example if uh the user has to
put<00:08:15.039><c> some</c><00:08:15.199><c> Trust</c><00:08:15.560><c> on</c><00:08:15.720><c> this</c><00:08:15.919><c> new</c><00:08:16.159><c> entity</c><00:08:16.720><c> go</c>

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put some Trust on this new entity go
 

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put some Trust on this new entity go
over<00:08:18.199><c> uh</c><00:08:18.360><c> we</c><00:08:18.599><c> should</c><00:08:19.599><c> uh</c><00:08:19.840><c> make</c><00:08:20.039><c> sure</c><00:08:20.599><c> that</c><00:08:21.080><c> it's</c>

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over uh we should uh make sure that it's
 

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over uh we should uh make sure that it's
reliable<00:08:22.240><c> so</c><00:08:23.240><c> um</c><00:08:23.720><c> maybe</c><00:08:24.039><c> we</c><00:08:24.159><c> can</c><00:08:24.280><c> do</c><00:08:24.440><c> something</c>

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reliable so um maybe we can do something
 

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reliable so um maybe we can do something
like<00:08:25.199><c> decentralized</c><00:08:26.199><c> solare</c><00:08:26.720><c> networks</c><00:08:27.639><c> so</c><00:08:28.479><c> um</c>

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like decentralized solare networks so um
 

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like decentralized solare networks so um
for<00:08:29.520><c> every</c><00:08:29.879><c> trust</c><00:08:30.240><c> assumption</c><00:08:30.759><c> that</c><00:08:30.919><c> the</c><00:08:31.039><c> user</c>

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for every trust assumption that the user
 

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for every trust assumption that the user
should<00:08:31.639><c> make</c><00:08:32.080><c> we</c><00:08:32.159><c> should</c><00:08:32.399><c> make</c><00:08:32.560><c> sure</c><00:08:32.880><c> that</c>

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should make we should make sure that
 

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should make we should make sure that
this<00:08:33.560><c> entity</c><00:08:34.560><c> uh</c><00:08:34.680><c> is</c><00:08:34.959><c> to</c><00:08:35.159><c> be</c><00:08:35.320><c> trusted</c><00:08:35.719><c> and</c><00:08:35.880><c> it</c>

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this entity uh is to be trusted and it
 

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this entity uh is to be trusted and it
is<00:08:36.599><c> decentralized</c>

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is decentralized
 

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is decentralized
enough<00:08:39.719><c> cool</c><00:08:40.440><c> and</c><00:08:40.599><c> there's</c><00:08:40.839><c> time</c><00:08:41.039><c> for</c><00:08:41.320><c> one</c>

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enough cool and there's time for one
 

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enough cool and there's time for one
more

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more
 

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more
question<00:08:44.360><c> let's</c><00:08:44.560><c> see</c><00:08:44.760><c> if</c><00:08:45.000><c> anyone</c><00:08:45.399><c> has</c>

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question let's see if anyone has
 

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question let's see if anyone has
it<00:08:47.240><c> I</c><00:08:47.360><c> think</c><00:08:47.560><c> someone</c><00:08:47.880><c> has</c><00:08:48.000><c> a</c><00:08:48.200><c> question</c><00:08:49.120><c> yes</c>

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it I think someone has a question yes
 

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it I think someone has a question yes
yes

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yes
 

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yes
yes<00:08:51.640><c> no</c><00:08:52.640><c> that's</c><00:08:52.959><c> okay</c><00:08:53.720><c> uh</c>