Greetings, avid readers!

Welcome to the latest edition of Multichain Matters, your monthly insight into the progress and developments at t3rn. This month, we're excited to share significant advancements in our interoperability layer and other updates that are shaping the future of cross-chain interactions.

On a personal note, I'm writing this newsletter while packing for ETH Denver. I will be there next week with Jacob, our CSO. Looking forward to networking with other projects, partners, and presenting my talk on February 28th about layered interoperability. Wish me luck!

Estimated read time: 2.28 minutes, 3.5 for those who take it all in at a leisurely pace 😊.

🤝 Joining Forces with Consensys Scale

We are thrilled to announce our participation in the Consensys Scale program. This program grants us access to Linea's L2 user base, boosting interoperability for the t3rn protocol. With access to technical assistance, co-marketing resources, workshops, funding opportunities, and more, we're primed to leverage the Linea user base and ecosystem, along with MetaMask and Infura, to drive our mission forward.

🔗 Learn more about the benefits and its impact on the t3rn protocol

🔄 3 Best Cross-Chain Swap Protocols for 2024

In this post, we'll delve into the intricacies of cross-chain swaps, examine the latest advancements in the field, and spotlight some of the top projects to watch in 2024. Whether you're considering integrating cross-chain features into your application, exploring investment opportunities in cross-chain technology, or simply aiming to bridge assets across different blockchains, you're in the right place. Join us on this journey as we unravel the potential of cross-chain interoperability.

🔗 Discover the leading cross-chain swap protocols of 2024 in our article now!

🛠️ Improving t3rn’s UX

Over the past month, our team has been diligently enhancing the user interfaces of t3rn. This upgrade focuses on providing a more intuitive and comprehensive overview of the ongoing testnet activities, particularly emphasizing the smooth execution of cross-chain asset swaps and bridging operations under the t3rn protocol. Our goal is to ensure that users can easily navigate and interact with our system, making cross-chain transactions more accessible.

🔐 Enhanced Security Measures: Comprehensive Auditing by Industry Leaders

As we continuously strive to ensure the highest security standards for our protocol, we're pleased to update you on our auditing progress. The ongoing audit with Halborn is nearing completion.

Further strengthening our assurance measures, we are gearing up to initiate two additional audits. These will be conducted by Quantstamp and SRLabs, both highly respected and reputable firms in the industry. By engaging with these top-tier auditors, we are ensuring a triple-layered audit process, reflecting our dedication to providing a secure and reliable platform for our users.

This comprehensive auditing strategy underlines our commitment to security and trust, ensuring that t3rn remains at the forefront of safe and secure cross-chain interactions.

🐦‍⬛ Upcoming Integration with Kusama

Looking ahead, we are preparing to activate t3rn’s Parachain on Kusama. This step is pivotal as it will enable the integration of Kusama assets into t3rn’s Kusama Parachain, where they will be seamlessly mapped as ERC-20 equivalents. Users will benefit from the ability to easily swap and bridge assets across all supported EVM-compatible chains, either using XCM or t3rn’s Circuit 3D Orders (Dynamic Destination Deal).

⛓️ Ethereum 2 Light Client deployed on Rococo Testnet

In a significant development, we have successfully completed the extension of the Ethereum 2 Light Client, now deployed on Rococo's Testnet. This extension is a key milestone, as it facilitates the acceptance and validation of traffic from various networks, including Optimism, Base, and Arbitrum. This integration represents a leap forward in our interoperability capabilities.

🪂 Enhancing t3rn's Parachain and EVM RPC Integration

Our team has made considerable progress on the abstraction layer of t3rn's Parachain. Additionally, we are working on integrating the Circuit's remote orders to be available under EVM RPC. This advancement means that we are now equipped to test the t3rn protocol across multiple platforms, including Sepolia (Ethereum’s Testnet), Arbitrum Sepolia, Base Sepolia, Optimism Sepolia, Linea Goerli, Binance Testnet, and Scroll Testnet.

🛜 Network Bootstrap Programs and Executor GUI Development

In the coming weeks, we will be sharing more about our network bootstrap programs, designed to enhance network traffic and user engagement. For executors, we are developing software to evaluate deal profitability based on simple arbitrage strategies. Furthermore, to make the executor role more accessible, we are preparing to launch an Executor GUI. This user-friendly application, compatible with MacOS, Windows, and Linux, will allow executors to easily set up their strategies and preferences, akin to the configuration process in Hummingbot.

🦊 Accessing t3rn via Metamask or Polkadot Extension Wallets

Users will have the convenience of accessing t3rn via their Metamask or Polkadot Extension Wallets, enabling straightforward cross-chain bridging and swaps through a sleek Graphic User Interface. Additionally, all network activities can be transparently monitored via a dedicated Explorer, ensuring that users stay informed and engaged with the network’s operations.

📣 Exciting news!

We're taking transparency to a whole new level by sharing our monthly investors' report with YOU. What used to be exclusive to investors is now accessible to our community!

Check out the PDF to read about our latest updates, divided into sections and topics. Our monthly update for our investors is now available for you as a Multichain Matters subscriber.

Share your thoughts with me on Twitter @Maciej_Baj shall you have a taste for the topics to cover in the next editions of the Multichain Matters newsletter.

We are eagerly anticipating the detailed review of all these developments in the coming month. Your continued support and interest in t3rn’s journey inspire us to push the boundaries of blockchain interoperability. Stay tuned for more exciting updates and advancements in our quest to revolutionize the way we interact with blockchain technology.

Stay tuned for more updates and insights in the upcoming "Multichain Matters" newsletter issues!

Thank you for being a part of our community.
Warm regards,

Maciej Baj
Founder and CTO of t3rn