Today we are talking about 👇
Atlas
What are we going to cover today?
What is Atlas building?
How does it work?
What are the key offerings?
What makes Atlas unique?
Competitor analysis
What are the limitations of building on Atlas?
Private beta features & road ahead
Case study: building an on-chain discord on Atlas
Team
News and how to get involved with the project?
What is Atlas building?
Atlas is building out a platform that offers Ethereum-level security while being able to handle thousands of transactions per second for your app.
Atlas chains are zkEVMs.
A zkEVM is an EVM compatible chain that use zero knowledge proofs to verify all transactions that occur on it.
It is mathematically impossible to falsify any transactions on the chain.
How does it work?
It has a basic 3-step approach:
1. Create a blockchain
2. Deploy smart contracts
3. Connect to your ecosystem
Let's check each step out below followed by a flowchart at the end👇
Create a blockchain
Launch an EVM-compatible blockchain that automatically rolls up state changes to Ethereum every few minutes.
Deploy smart contracts
Deploy solidity-based smart contracts using our command line tool or quick-deploy interface.
Connect to your ecosystem
Integrate blockchain data from your contracts into an app or website using our APIs
Here's an overview flow chart about how Atlas does it 👇
What are the key offerings?
The key offerings include:
Support & Collaboration: Ecosystem
Scalability: Lowest gas fees of any scaling solution
Security: Ethereum grade security, guaranteed by math
→ Ecosystem support
Instantly scale to millions of transactions.
You can 100x the scale of Ethereum without sacrificing security by launching independent blockchain ecosystems on Atlas.
→ Scalability
Lowest gas fees of any scaling solution
The shared blockchains force apps to compete for block space, resulting in volatile gas fees as transactions increase.
Security
Ethereum grade security, guaranteed by math
Blockchains created on Atlas run zkEVMs to verify that each smart contract interaction was executed correctly.
This makes it mathematically impossible for any party to falsify transactions on or the state of your chain.
What makes Atlas unique?
→ Ethereum-level security of assets
→ Impossible for anyone to falsify transactions
→ High scale (2000 TPS)
→ Create a zkEVM chain in 1 click
→ one command deploy
Competitor analysis
How does @atlas_zk perform as compared to some other players in the ecosystem, including:
@solana
@zksync
@StarkWareLtd
@avalancheavax
@cosmos
@Immutable
@0xPolygon
@arbitrum
A lovely platform-level comparison of the key offerings by each of them vs Atlas
What are the limitations of building on Atlas?
If you need your application to have the following:
atomic composability with other apps
a lot of liquidity on the chain
A good example here is @Uniswap
Private beta features & road ahead
The product is currently in private beta.
Currently, you can create and manage your blockchains on Atlas.
Soon, they are also launching a Solidity IDE - where you can write, test, and deploy smart contracts to any EVM chain.
Case study: building an on-chain discord on Atlas
They built a fully on-chain discord in 36 hours using Atlas.
The motivation was to demonstrate the capabilities of on-chain social protocols.
They stored all data, including:
messages
channels
user profiles
permissions in smart contracts.
Images were stored on @IPFS
You can check out the tutorial here:
Team
The team at Atlas includes:
They are fairly active on Twitter, so make sure to follow them along.
PS: They might look to raise in the next few months, so would suggest you’ll to stay connected with them.
News and how to get involved with the project?
Here's a tweet showing the amazing progress being made by the team 😍
Very excited to follow along with the work being done by the team at Atlas
They are currently in private beta, so in-case you’d want to get access to the platform and explore more - please feel free to reach out to me on Twitter or apply for their private beta on the website