Cointime

Download App
iOS & Android

Developer Spotlight: Usman Asim has Big Plans for Rust and ZKs on Avalanche

Validated Project

The tech Usman Asim needed for his dApp didn’t quite exist. He had a big idea, but also a problem set without a clear solution.

He needed a blockchain with leading speed, decentralization, and flexibility. He needed the architecture that could incorporate ZKs for privacy-centric goals. He needed to customize his own Rust VM to fine-tune an ideal execution environment.

Essentially, he needed a unicorn. Usman found one with Avalanche.

In about two weeks, Usman built a custom Rust VM with ZKs on Avalanche — BulletproofVM — to be the foundation for his dream dApp.

Usman, 21, is a developer relations engineer at Chainstack, a blockchain managed services platform. At Chainstack, he focuses on “four or five chains, mostly Avalanche.” Chainstack helps clients manage their Avalanche infrastructure, including providing validators and other tooling for builders launching Subnets. “I’ve been preaching the Avalanche song for a long time,” Usman said. “It’s super customizable, you can create whatever VM you want, and you can write in whatever language you want.”

To build his own custom Rust VM, Usman used the Avalanche Rust SDK. New to Rust, Usman supplemented the SDK with a few questions to friends more practiced in the language. Aside from these few questions, Usman built the VM himself from research to implementation.

He said his custom VM lets him:

  • Maintain a state of accounts with balances/assets
  • Execute standard transfers between accounts
  • Execute smart contracts using arbitrary code
  • Execute multi-asset transfers
  • Support a decentralized governance system
  • Use Bulletproof ZK Proofs to ensure everything is accurate and private

Now, Usman is giving his VM a few final touches to make it production-ready. He plans to deploy his forthcoming dApp, Speake, on it. Eventually, he hopes to move Speake to a Subnet.

Speake aims to let people post monetizable content that’s verifiable and anonymous. In a way, Usman wants to rebuild Substack but with Web3 features designed to empower censored people to regain their voices. He “wants writers to be able to write without fear,” though non-censored people interested in the monetization elements can attach their name to their content if they want. In time, he wants to broaden Speakeinto a “decentralized WeChat,” a one-stop shop for many different features.

Integrating ZKs into the VM is an intriguing step. Usman’s goal here was to provide a way for users to share an absolute minimum of personal info. He integrated ZKs, he said, so that “people can do things without verifying themselves, maintaining privacy.”

Usman knows Avalanche is the ideal chain for both building and performance.

“Honestly, I love building on Avalanche,” he said. “It gives me everything that every other platform gives me. It gives me everything I’m looking for as a developer and takes it 10 steps further.”

Usman praises Avalanche’s big-picture technical specs, such as low transaction fees, rapid finality, and infinite scalability. But it’s also the customization for builders — a less appreciated but equally important property of Avalanche — that really sells him on Avalanche. “Having that speed and customization is really big for someone like me that’s building a platform catered to Web2 users,” he said.

Usman believes the rate of growth and innovation on Avalanche exceeds what he and fellow developers are seeing on other chains. He has also been impressed by how fast the Ava Labs team addresses the few issues that surface. “Seeing the updates pushed out, the partnerships, it reinforces the belief that us as builders have in the ecosystem,” he said.

Usman continues to direct Chainstack clients and fellow builders to Avalanche. “This is going to be the platform where builders build going forward,” he said. “That’s truly my belief. If you want to build your own custom solution, there’s no better place to build it than Avalanche.”

Comments

All Comments

Recommended for you

  • Philippines central bank approves peso stablecoin pilot

    The Philippines central bank has authorized Coins.ph to initiate a pilot program for a new Philippine Peso-backed stablecoin, PHPC, under its Regulatory Sandbox Framework. This pilot aims to integrate PHPC into significant remittance channels to enhance the efficiency of transactions within the substantial Philippine remittance market. Coins.ph plans to launch the stablecoin by early June, following comprehensive real-world application testing to potentially achieve full regulatory approval.

  • The Sonne Finance hacker address has exchanged 56 WBTC into about 1,185 ETH

    According to PeckShield's monitoring, Sonne Finance hacker address 0x6277...4c07 has exchanged 56 WBTC for approximately 1,185 ETH and 3 WBTC for 183,000 DAI.

  • ECB Governing Council: We are likely to start cutting interest rates in June

    ECB committee member Villeroy stated that it is very likely that we will begin cutting interest rates in June.

  • Former FTX executive Ryan Salame asks court for leniency, sentences him to 18 months in prison

    According to a sentencing memorandum submitted on Tuesday, former FTX executive Ryan Salame pleaded guilty in September of last year to conspiring to make illegal political contributions and conspiring to operate an unlicensed money transmission business. His lawyer requested leniency from the court and for him to serve an 18-month sentence. While working at FTX and Alameda, Salame managed wire deposits and fiat currency exchanges for FTX clients, used Alameda funds to make political contributions, and led charity efforts in the Bahamas.

  • Hong Kong police arrested a 1 million USDT fraud gang and seized 3,000 ghost coins

    According to a report from Sing Tao Daily, Hong Kong police received a report from a 35-year-old man on April 12th, claiming that he was unable to recover cash after reselling approximately 1 million yuan worth of virtual currency USDT in a shop in Tsim Sha Tsui and suspected that he had been deceived.After an investigation by the Technology and Wealth Crime Group of the Yau Tsim Police District, the police launched an operation in multiple areas of Hong Kong on May 13th and arrested three local men aged between 31 and 34 years old, who were suspected of obtaining property by deception.The police found 3,000 fake banknotes, a money clip and a counting machine in the shop. The investigation showed that the arrested men showed the victim fake banknotes and asked him to transfer virtual currency to a designated wallet, and then refused to hand over the cash for various reasons, resulting in the victim losing approximately 1 million yuan worth of virtual currency.

  • Yesterday, Tether issued $110 million USDT and redeemed $23 million USDT

    According to ChainArgos monitoring, on May 14th, Tether issued a total of 110 million USDT and redeemed 23 million USDT.

  • El Salvador Launches Bitcoin-Based Financing for New Airport Hotel

    El Salvador has launched the announcement of Bitcoin financing for the vacation hotel at San Salvador International Airport, with a target financing goal of $6.25 million. The funds will be used to build a five-story facility covering 4,484 square meters, with 80 guest rooms, commercial space, swimming pool, and other facilities. The hotel is located inside the airport, making it the only hotel service provider in the area. The minimum investment amount for this investment opportunity is $1,000, with 6,250 tokens available for selection, each token paying a 10% annual yield every six months. The project is supervised by Inversiones Laguardia SA de CV and promoted through Bitfinex Securities.

  • OKX Ventures invests in Web3 ‘play ARPG to train AI’ game Blade of God X

    The game is currently available in early access on the Epic Games Store.

  • Blockchain Asset Management announces launch of a dedicated blockchain fund for accredited investors

    Blockchain Asset Management, a cryptocurrency fund with a scale of $100 million, announced the launch of an exclusive blockchain fund for qualified investors. The specific amount of funds raised by the fund has not been disclosed yet, but it is said to have reached "eight figures", which means it is in the tens of millions of dollars. In addition, the investment threshold for the new fund is $100,000, and all investors are required to meet the approved standards (annual income exceeding $200,000, net assets exceeding $1 million).

  • Barcelona-based Web3 Video Games Startup GFAL Raises $3.2M in Seed Funding to Expand Team and Accelerate Production Plans

    Barcelona-based startup GFAL has secured $3.2 million in seed funding from investors including Supercell Ltd and Mitch Lasky. The company plans to use the funds to expand its team and accelerate its game production plans, which leverage AI and Web3 technology for immersive gameplay. GFAL's Elemental Raiders mobile game soft-launched in March 2023, with plans to build on this for a 2024 launch. CEO Manel Sort expressed gratitude for the investment and excitement to work with former colleagues from Digital Chocolate.