Ethereum
In the world of crypto, Ethereum is the source of innovation, where DeFi, NFTs, Layer 2, and numerous new technologies were created. One of its co-founders, Vitalik Buterin, is a key opinion leader in the crypto world. Ethereum launched a series of important upgrades to transition from proof-of-work (PoW) to proof-of-stake (PoS), which may help to break down the Blockchain Scalability Trilemma and makes Ethereum a “ultra-sound money”.
Staking ETH is a technical service to ensure transactions on the Ethereum network are processed properly and securely, rather than as an investment subject to securities laws.
The unified architecture of Ethereum refers to its integrated framework that combines the base layer (Layer 1) with various Layer 2 scaling solutions. This architecture aims to balance decentral
EIP-3074 is an Ethereum Improvement Proposal (EIP) that introduces a novel approach to account management. It enables the delegation of control over regular user accounts (EOA) to smart contracts, facilitating more sophisticated transaction strategies. Proposed in 2020 by Ethereum core developers, EIP-3074 introduces two new opcodes, "AUTH" and "AUTHCALL," empowering EOAs to transform into smart contracts without the need to deploy new contracts. The implementation of EIP-3074 aims to enhance the overall user experience for wallet users by enabling gas sponsorship, batch transactions, and wallet asset recovery. While EIP-3074 presents promising advancements, it also raises some concerns such as increasing the risk of user asset theft, and possibly forming a parallel technology stack with the Account Abstraction (AA) proposal EIP-4337, which requires ensuring interoperability between the two.
Ethereum’s shift to a rollup-centric roadmap induced explosive growth in modular scaling designs, eliminating gas fees over $100 and unlocking new application designs. However, it also faces a new problem of state fragmentation. The article analyzes the two major directions of scaling and explores their mechanisms.
Discover the transformative potential of Polymer Labs in blockchain interoperability in this article. Explore how their cutting-edge technology is bridging networks and shaping the future of DeFi and NFTs.
The OMNI network is an interoperability protocol across various Rollups, serving as a Layer 1 public chain and the first AVS (Arbitrum Verifier Shard) on the Eigenlayer. OMNI leverages heavy staking on the Eigenlayer to share Ethereum security and utilizes Byzantine Fault Tolerance (BFT) consensus mechanism to process a high volume of transactions while maintaining low latency.
After EIP-3074, a faulty signature could deplete the balance in your Ethereum account. The article elaborates on how wallets integrate EIP-3074 and explains the specific ways it could make users more vulnerable and the underlying mechanisms, aiming to prevent irreversible mistakes.
Optimism is Ethereum Layer2 based on Optimistic expansion technology. Its vision is to become a world computer, and the settlement layer uses Ethereum. In line with Ethereum's vision of a world settlement layer, it cooperates closely with the Ethereum Foundation.
This article discusses UTXO isomorphic binding (UIB) technology and believes that this is a major innovation in the BTC ecosystem. The key lies in solving the BTC network expansion problem.
Creating your own Rollup requires a relatively deep understanding of blockchain, but the growth of Rollup as a Service (RaaS) providers means you can deploy an L2 Rollup in minutes without writing a single line of code, effortlessly creating a Rollup!
The article discusses the challenges brought by the ever-growing storage demand of Ethereum, particularly the inconsistency in storage behavior among full nodes. To solve this problem, the EIP-4444 and EIP-4844 standardized historical data deletion schemes are proposed. The article introduces the Ethereum Portal network and the EthStorage network as solutions, the former being a lightweight P2P network and the latter an incentivized modular storage network, both aiming to provide decentralized, Ethereum-aligned data storage and access. The article also proposes future development plans, including a decentralized Ethereum state network, proof of storage for dynamic-sized data, and decentralized access from browsers.
For readers interested in financing the Ethereum ecosystem and open-source projects, this article provides profound insights and strategies that help understand how to support and sustain innovative projects. The article not only analyzes various stages of project growth but also proposes solutions to promote public goods financing and ecosystem health development, which are of significant reference value to investors, builders, and policymakers.
After the consensus algorithm, DA (data layer), and zero-knowledge proof technology have been widely studied and iterated, the next hard-core technology to attract attention is Parallel EVM. The capital market has also invested hundreds of millions of dollars in this narrative, and many unique technologies have been born. A beast-level startup.
The article discusses the concept and development of Layer 3 in the Ethereum network. Layer 3 is built on top of Layer 2 scaling solutions, aiming to provide higher scalability, interoperability, and functionality. It may include specialized solutions such as cross-chain interoperability, microtransaction channels, privacy features, and complex smart contract operations. Although the implementation of Layer 3 is still in its early stages, it represents a pursuit of a decentralized, efficient, and inclusive future. The article also mentions criticism and concerns from Polygon Labs CEO Marc Boiron and Ethereum co-founder Vitalik Buterin regarding Layer 3, emphasizing the need for careful consideration of its impact on network security, value, and sustainability.
This article explores the technical details and market prospects of parallel EVMs, analyzing the parallel execution mechanisms of major blockchain projects such as Sei, Monad, and Canto, and evaluating their potential impact and market position in the industry. Through parallel execution optimization, blockchain networks can significantly enhance processing speed and efficiency, supporting the widespread development of the Web3 domain.