Articles (4549)

Flipping the AI Coin
Beginner

Flipping the AI Coin

The article explores the potential and challenges of combining AI with Web3. The author points out that despite the optimistic sentiment towards "AI + Web3," there are significant hardware and research investment barriers in reality, leading to large tech companies dominating the AI field. Web3 projects utilize incentivized crowdsourcing through encryption, making it difficult to compete with the substantial funding invested by these companies.
5/6/2024, 12:43:27 PM
Dimo: Decentralized Revolution of Vehicle Data
Beginner

Dimo: Decentralized Revolution of Vehicle Data

Dimo is a car IoT platform built on Polygon, allowing car owners to collect and share vehicle data such as mileage, speed, and location, in exchange for DIMO tokens as rewards. The platform enables real-time monitoring, management, and monetization of vehicle data through integration with hardware such as AutoPi OBDII devices. The DIMO token, based on ERC-20, aims to incentivize user participation, with governance features included in its token economy. Dimo also collaborates with IoTeX, integrating W3bstream technology to support Web3 developers' access to vehicle data, jointly creating a new ecosystem for mobile travel. With two rounds of funding raising $20.5 million, the Dimo project has a fixed token supply, with circulating supply gradually increasing.
5/6/2024, 12:37:57 PM
ZKPs, FHE, MPC: Managing Private State in Blockchains
Advanced

ZKPs, FHE, MPC: Managing Private State in Blockchains

Bitcoin and Ethereum have eliminated intermediaries in financial transactions but sacrificed privacy. With the development of zero-knowledge proof technology, on-chain privacy has become a core theme of Web 3. Aztec and Aleo are two promising networks. ZKP is suitable for private state changes, protecting user privacy, and can be used for use cases such as anonymous social media and enterprise invoices/payments. FHE methods can address the issue of sharing private states, applicable to scenarios like uncollateralized DeFi loans and on-chain KYC. MPC methods can protect the privacy of private keys and data, suitable for decentralized AI training and inference. These technologies can be combined to achieve a more comprehensive protection effect.
5/6/2024, 12:22:20 PM
EigenLayer - Leveraging Ethereum's Security
Intermediate

EigenLayer - Leveraging Ethereum's Security

Since the beginning of 2024, EigenLayer, based on the Ethereum network, has seen approximately a tenfold increase in TVL, rapidly rising to the third position in total TVL rankings among DeFi protocols. The article outlines how EigenLayer has evolved from a simple concept of securing and generating additional income from sharing the Ethereum network to expanding its ecosystem, meeting the needs of infrastructure builders and investors, and launching numerous derivative projects.
5/6/2024, 12:12:04 PM
Introduction to Runes
Intermediate

Introduction to Runes

The Runes protocol, a new standard for creating and transferring interchangeable tokens on the Bitcoin blockchain, signifies the influx of more developers and users into the Bitcoin ecosystem, potentially bringing additional revenue to miners. However, like its predecessor, the Runes protocol has sparked some controversy, with some Bitcoin purists expressing concerns that token creation may negatively impact the essence of Bitcoin. This article will delve into the details of the Runes protocol, guiding readers through the discussion.
5/6/2024, 11:51:57 AM
Artela, Unleashing the Power of Parallel EVM
Intermediate

Artela, Unleashing the Power of Parallel EVM

At its core, the concept of parallel EVM revolves around optimizing the execution process of transaction states, with the ambitious goal of achieving a staggering 10,000 transactions per second (TPS). The underlying technology behind this impressive feat lies in the realm of specialized databases, developer friendliness, delayed consensus execution, and superscalar pipeline techniques, all working in harmony to enable parallel processing of large-scale transactions. This approach shares fundamental similarities with Artela's concept of elastic computing and asynchronous I/O operations.
5/6/2024, 11:44:31 AM
How to use cryptocurrency for crowdfunding
Beginner

How to use cryptocurrency for crowdfunding

How to Crowdfund with Cryptocurrency: This emerging method of fundraising allows project creators to raise funds from supporters worldwide through digital currencies. Crowdfunding platforms leverage blockchain technology to provide fast, transparent, and decentralized funding channels.
5/6/2024, 11:35:15 AM
Is Ethereum a security, currency or commodity?
Intermediate

Is Ethereum a security, currency or commodity?

The classification of Ethereum (ETH) was discussed, exploring different perspectives on whether it might be considered a security, currency, or commodity. In the United States, the SEC (Securities and Exchange Commission) and the CFTC (Commodity Futures Trading Commission) hold differing views on the classification of cryptocurrencies. The SEC employs the Howey Test to assess whether ETH qualifies as a security, while the CFTC regards ETH as a commodity.
5/6/2024, 11:27:52 AM
What are Bitcoin Runes, and how do they differ from BRC-20 tokens?
Intermediate

What are Bitcoin Runes, and how do they differ from BRC-20 tokens?

Bitcoin Runes is an innovation on the Bitcoin blockchain that allows for the creation of fungible tokens and community-driven projects. In contrast to BRC-20 tokens, Bitcoin Runes aims to simplify token creation and reduce network congestion issues. Runes are created, minted, and transferred through runestones stored in Bitcoin transaction outputs. The Bitcoin Runes protocol is still in its early development stages, so significant changes may occur.
5/6/2024, 11:20:26 AM
What is Zcash (ZEC), and how does it work?
Beginner

What is Zcash (ZEC), and how does it work?

Zcash (ZEC) is a privacy-focused cryptocurrency that allows users to choose anonymity when conducting transactions. It is based on the Bitcoin codebase but utilizes a different hashing algorithm and security protocol. Zcash employs zero-knowledge proofs (zk-SNARKs) technology to offer "shielded addresses," enabling transaction anonymity. Users can opt for shielded or transparent transactions. The total supply of Zcash is capped at 21 million, similar to Bitcoin.
5/6/2024, 9:58:57 AM
The prediction market primitive
Advanced

The prediction market primitive

The prediction market is witnessing new developments, with AI emerging as a key and core component. It can address disputes, provide targeted event recommendations, and manage liquidity, offering comprehensive predictions for the prediction market. AI can also reduce risks and enhance price stability through LMSR AMM models and reinforcement learning agents.
5/6/2024, 9:49:22 AM
Ocean Protocol: A Decentralized Data Marketplace
Intermediate

Ocean Protocol: A Decentralized Data Marketplace

Based on the Ethereum blockchain, Ocean Protocol has created its own marketplace, connecting data consumers and providers. The tokenization of datasets and services, it allows data providers to monetize their data simply and effectively while providing users with a one-stop ecosystem for accessing valuable data.
5/6/2024, 9:31:39 AM
In-depth Analysis of Ethena’s Success Factors and the Risks of a Death Spiral
Advanced

In-depth Analysis of Ethena’s Success Factors and the Risks of a Death Spiral

The success of Ethena as a CeFi product lies in its provision of short-selling liquidity for perpetual contract markets on centralized exchanges. However, caution is needed regarding the risk of a death spiral in the mechanism design.
5/6/2024, 9:30:34 AM
EtherFi: Staking Freedom, Borderless Liquidity, Unveiling a New Era in DeFi
Beginner

EtherFi: Staking Freedom, Borderless Liquidity, Unveiling a New Era in DeFi

EtherFi is an innovative decentralized finance (DeFi) project focused on Ethereum staking and liquidity re-staking services. Through its non-custodial staking solution, it enables users to earn staking rewards while maintaining asset liquidity. The project follows three strategic phases: delegated staking, liquidity pools, and node services, introducing the liquidity staking token EETH. EtherFi's core mechanisms include delegated staking, non-custodial control, NFT and validator management, decentralized validator technology (DVT), and the ETHFI token, used for protocol fees, incentivizing participants, and governance voting. The team comprises professionals from the blockchain and DeFi sectors and has secured multiple rounds of funding, including investments from Bullish Capital and CoinFund.
5/6/2024, 9:26:31 AM
 Gigagas: Paradigm's Neologism, Will it Lead to a New Narrative?
Beginner

Gigagas: Paradigm's Neologism, Will it Lead to a New Narrative?

The article discusses a new concept proposed by Paradigm called "gigagas," which is a new metric for measuring blockchain performance, referring to "Gas Per Second" (GPS). Paradigm believes that compared to the traditional transactions per second (TPS), GPS can more accurately reflect the network's processing capacity and efficiency. In order to achieve the goal of processing 1 gigagas per second, Paradigm has developed Reth, an Ethereum execution client, and improved performance through vertical and horizontal scaling. The article points out that while performance improvement is important, user experience and user growth are equally critical.
5/6/2024, 9:25:11 AM

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