The Sisyphus Blockchain Trap

In Greek mythology, Sisyphus is condemned to push a boulder up a hill, only for it to roll back down each time he nears the summit. This endless, futile task mirrors blockchain integration in today's crypto market. Developers of multichain applications tirelessly integrate the top 50 blockchains by market cap, only to see 30% to 70% of these integrations become obsolete with each market cycle due to shifting trends. The maintenance costs in time and resources are immense, yet the work must continue to meet the relentless demands of crypto users.

The Sisyphusian Struggle of Crypto Developers

Developers at crypto companies often believe they can manage blockchain integrations in-house. However, they soon discover the harsh reality: each new cycle demands they push the same stone up the hill. We experienced this firsthand at Ledger when we integrated over 70 protocols into Ledger Live. The constant need to keep up with the differences between chains makes the task almost insurmountable. Crafting a Bitcoin transaction is vastly different from creating an Ethereum transaction, and similarly, a delegation transaction on Tezos is not the same as on Solana. At Adamik, we believe that innovation will only increase these differences, leading to custom code for each integration. This approach is not scalable, as each blockchain has unique characteristics, transaction structures, and nuances that require specialized knowledge and continuous adaptation.

The Cost of Custom Code

The impact of this fragmented approach is significant. Companies are forced to divert their focus from their core strengths—be it user experience, security, trading engines, or other unique value propositions—to continually reinvent the wheel of blockchain integration. This prevents true innovation and hampers their ability to bring real value to users. Maintaining custom code for each blockchain integration is not only resource-intensive but also introduces potential security vulnerabilities and operational inefficiencies. We must stop building everything in-house if we want to foster innovation. By outsourcing these repetitive tasks, companies can allocate their resources more effectively and focus on delivering unique and high-value features to their users.

Embracing a New Paradigm: The Unbundling of the Wallet Stack

At Adamik, we are part of a new paradigm: the unbundling of the wallet stack. This movement sees new market entrants specializing in different components of what makes a wallet, allowing crypto companies to build solutions using tailored and specific blocks. While KMS (Key Management Services), MPC (Multi-Party Computation), and infrastructure node indexers have been available for years, Adamik focuses on the transaction crafting part of this ecosystem. This specialization enables us to provide a more robust, efficient, and scalable solution for transaction crafting, allowing our partners to integrate seamlessly with multiple blockchains without the need to maintain custom code for each.

Introducing Adamik Solution

The Adamik team is developing a blockchain middleware solution designed specifically for crypto companies. Our unified API platform simplifies the process of reading data and executing on-chain operations across multiple products. Operating on a client/server model, the Adamik API allows application developers to concentrate on capturing user intents while Adamik servers handle on-chain data retrieval and transaction crafting. This separation of concerns enables developers to build more sophisticated and user-friendly applications without being bogged down by the complexities of blockchain integrations.

Our Commitment to Developers

At Adamik, we are committed to helping our fellow Sisyphus developers finally hand over their blockchain integration stone to us. By doing so, they can focus on building the crypto products of tomorrow at scale. Our goal is to eliminate the repetitive and costly task of blockchain integration, enabling developers to drive true innovation in the crypto industry. We believe that by providing a reliable and efficient middleware solution, we can empower developers to create groundbreaking products that push the boundaries of what is possible in the crypto space. Our commitment is to be the trusted partner that enables developers to move beyond the Sisyphean task of blockchain integration and focus on delivering exceptional value to their users.

If you want to hand your stone to us, reach out on Discord!