In 2018, BTC fell from $20000 to $3000, and the ICO foam burst. That year, Uniswap was founded. In 2022, Terra was hit hard, Three Arrows Capital went bankrupt, and FTX went bankrupt. That year, Hyperliquid began construction. Many things that truly change the industry were created during the coldest times of the market. Now, a new opportunity may be emerging: A16z+1kx lead investment The founder has participated in the decentralized auction design of Flashbots and CoW Swap The goal is to reconstruct the on chain transaction infrastructure This project is @ poddotnetwork What does Hyperliquid prove? Before discussing Pod Network, we must first talk about Hyperliquid. Because the success of Hyperliquid has proven several very important things. Firstly, the dedicated L1 route is feasible. Secondly, there is a real demand for traditional financial assets to be put on the chain. Lastly and most importantly, an on chain order book is not a fantasy. Hyperliquid has proven that on chain transactions can achieve daily trading volumes of billions of dollars. The market is there, the users are there, and the demand is also there. But Hyperliquid is not the endpoint, it is not the ultimate form of on chain transactions. The emergence of Pod is an attempt to fill in this last piece of the puzzle. Hyperliquid is fast, but each transaction still requires nodes to reach consensus and package into blocks. Pod has done an extremely bold thing, completely abandoning "consensus" and "blocks". Its architecture is called streaming consensus free. Each validator independently receives transactions, independently verifies, independently stamps, and independently signs proof. There is no communication or coordination between validators. The client collects n-f proofs, and the transaction is finally confirmed. Hyperliquid relies on speed to resist MEV, while Pod relies on mathematical fairness. As a participant in the architecture design of Flashbots and CoW Swap, Pod founder Shrestha Agrawal knows better than anyone that as long as there is sorting power, there is room for "harvesting leeks". To this end, Pod has introduced a batch auction mechanism, with a window of every 10 milliseconds. In this window, whether you are a large or small investor, no matter how many milliseconds you are fast, everyone's transaction price is completely consistent. CoW Swap has demonstrated the feasibility of batch auctions in small-scale scenarios. But Pod was the first to implement it at the protocol layer. It's not patching at the application layer, but starting from the consensus architecture, removing the speed advantage from the market structure. Who is doing this? Why them? CEO Shresth Agrawal， Former participant in the Paradigm Scholar Program, previously worked at ParaSwap and Common prefix. The architecture of Pod comes directly from his research at that time. CTO Alex Brezas， More than ten years of full stack engineering experience, also from Common prefix. In terms of financing, Pod has completed a seed round of $10 million, led by a16z and 1kx, with participation from Lemniscap, BBF, and others. Where are we now? Pod is entering a parallel period of product implementation and ecological construction. The waitlist has been launched. The mechanism is simple: Deposit USDC on Arbitrarum (on chain custody, available for withdrawal at any time, with no lock up period) Deposit amount+number of recommendations determine ranking The higher the ranking, the earlier you can obtain test network access and early access to the main network After the main network goes live, USDC on Arbitrum will be directly migrated to Pod network for use Participation link: http://pod.pro/k/iamyourchaos