Blockchain

In this article, we'll explore what makes Echelon Prime stand out, its history, and explain how you can participate and invest in this vibrant ecosystem.

The popularity of cryptocurrency has surged in the past decade, providing individuals and businesses with new investment and financial transaction opportunities. Understanding how taxation applies to cryptocurrency transactions is crucial for ensuring compliance and avoiding potential penalties. In this article, we will explore everything you need to know about cryptocurrency taxation and how to effectively manage your tax obligations.

The popularity of Runes is a setback in the development of crypto technology, but it is also the best embodiment of the core value of Web3

Monad is a highly scalable Layer 1 smart contract platform with a rapidly growing ecosystem. Currently, over 80 protocols and dApps are planning to build on it, with expectations to reach 150 to 200 by the time the mainnet launches. Key partners of Monad include LayerZero and Pyth Network, which will enhance its cross-chain interoperability and provide reliable pricing data. Monad's roadmap includes its establishment in February 2022, securing $19 million in funding by February 2023, releasing documentation in September of the same year, planning to launch a testnet in the second half of 2024, and aiming to start the mainnet by late 2024 or early 2025. Technologically, Monad combines parallel execution with EVM compatibility, positioning it to potentially compete with existing platforms like Solana in terms of technical performance. Although Solana leads in speed and scalability, Monad's EVM compatibility offers an additional advantage. Moreover, Monad's technology may enable it to surpass other platforms lik

MakerDAO has performed exceptionally well in the past year, demonstrating its robust business model and adeptness at handling the volatility of the crypto market. Its business acumen, surpassing other blue-chip tokens, and its annual revenue of approximately 230 million USD underscore its financial efficiency in the DeFi sector. However, the realization of MakerDAO's Endgame will face challenges. The key to success lies in balancing innovation and strict risk management, especially when MKR takes on the role of collateral. Looking ahead, whether MakerDAO can effectively implement its Endgame plan and demonstrate actual benefits will be critical. This will further solidify its leadership position in the DeFi sector, presenting a stronger, user-centered platform to handle the dynamic changes in the crypto world.

This article discusses new standards in the semi-fungible token field, such as ERC-404, TinySPL, and Asteroids, and their role in promoting new models of digital economy and asset forms. The article evaluates the performance of these standards in enhancing asset interoperability, binding assets with identities, scalability, cost efficiency, and simplifying user experience. At the same time, it points out the challenges faced by ERC-404 tokens, including lack of formal review, security risks, and market acceptance issues.

As an innovative cryptocurrency trading platform focusing on the creation and trading of memecoins, Pump.Fun provides a unique and attractive market environment by combining the interactivity of social media and the financial technology of cryptocurrencies, encouraging more users to enter into the decentralized financial field through a low-barrier to participation, exploring and create digital currencies based on pop culture and internet meme.

Decentralized confidential cloud computing services ensure the decentralized nature of cloud computing and maintain data security and privacy, but more crucially, they also enable broader DePIN business logic. Using token incentives to reduce the cost of cloud computing services, anyone requiring low-latency and high-computational power services can opt to deploy on WeTEE, receiving a generic cloud computing solution comparable to traditional cloud services. Users and developers from any public blockchain ecosystem can utilise WeTEE's confidential cloud computing services, thereby helping WeTEE become a foundational infrastructure for AI+Crypto driven by the entire blockchain, directly capturing the value of computational demand across the network.

This article provides a comprehensive analysis of the current state of Japan's Web3 industry, including the details of Japan's Web3 promotion policy, its impact on local Web3 ecosystem players, and identifying the exact changes that have resulted. Additionally, the report explores business opportunities in the Japanese Web3 market, assessing potential short-term gains and long-term growth prospects.

Vitalik Buterin provides a detailed introduction to Binius, a highly efficient proof system based on binary fields. The article first reviews the concepts of finite fields and arithmetization, explaining how SNARK and STARK proof systems work by converting program statements into polynomial equations. Vitalik points out that although Plonky2 has proven that using smaller 64-bit and 31-bit fields can significantly improve the efficiency of proof generation, Binius further enhances efficiency by operating directly on zeros and ones, taking advantage of the features of binary fields. Binius uses multivariate polynomials to represent computational traces and employs a series of mathematical tricks, including the concept of hypercubes and Reed-Solomon encoding, to construct proofs. Vitalik believes that the direct computational ability of binary fields and operations on bits are key to Binius's efficiency.

Contentos (COS) is a blockchain project focused on content creation, distribution, and monetization with decentralized control.

Firo (FIRO) is a privacy-focused cryptocurrency using Lelantus protocol for secure, untraceable transactions.

REVV is the utility token for Animoca Brands' blockchain-based motorsport games, facilitating in-game purchases and rewards.

Cratos is a real-time voting platform that utilizes its CRTS token to enable community-driven decision-making processes.

Sylo is revolutionizing digital communication with a secure, decentralized network for messaging, calls, and cryptocurrency transactions.