Blockchain
Blockchain is the underlying technology for almost all cryptocurrencies. It is a distributed ledger jointly maintained by decentralized nodes around the world. Blockchain is hailed as "the trust machine", enabling trustless peer-to-peer payments. Blockchain will become the infrastructure for the next generation of the Internet - Web 3.
a16z Crypto has released a zkEVM solution called Jolt, aimed at enhancing the speed and simplicity of blockchain scaling operations. Jolt utilizes SNARK zero-knowledge proofs to provide a framework for EVM-compatible Rollups, allowing developers to create SNARK-based L2 solutions. Jolt significantly improves performance by converting computations into specialized polynomials and efficiently generating proofs using the sumcheck protocol, making it twice as fast as existing zkVM solutions. Technical advantages of Jolt include more compact circuit designs, efficient pipelining, and ample parallelization, optimizing the usability and availability of zkVM and aiding in shortening development cycles and improving user experience.
The article discusses various implementations of cross-chain technology, including chain abstraction protocols, cross-chain bridges, interoperability, and full-chain concepts. With the increasing number of public chains, the demand for cross-chain solutions has surged, leading to the emergence of technologies such as multichain and celer bridge. The article emphasizes the importance of abstract accounts, which allow users to manage all their assets across different chains with a single wallet. Chain interoperability enables the transfer of information between different chains, facilitating functionalities like full-chain lending and cross-chain governance. Chain abstraction eliminates the need for users to concern themselves with the specifics of underlying chains, simplifying operations. The article also introduces several important cross-chain projects, including LayerZero, Wormhole, Axelar, ZetaChain, Polyhedra, Particle Network, and dappOS, each employing different technologies to achieve cross-chain func
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.
There are various types of cryptocurrency wallets, and this article will introduce their characteristics along with the advantages and disadvantages, such as cold wallets, hot wallets, custodial wallets, non-custodial wallets, and multi-signature wallets, etc.
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.
This article analyzes how Jupiter is closely connected with the Solana ecosystem from perspectives such as fundamentals, tokenomics, and competitive analysis. It explains why Jupiter is considered a leveraged play on Solana and details the trading tools and advantages that Jupiter offers.
The Consumer Price Index (CPI) regularly released by the US Federal Reserve (Fed) causes fluctuations in the venture capital market. This article explains to readers in detail what CPI is, its composition and calculation, and what impact it will have on inflation and the stock market?
Bittensor is a crypto and AI narrative project aimed at democratizing the construction of artificial intelligence use cases through an open P2P marketplace. The Bittensor ecosystem comprises 32 subnets, attracting numerous prominent teams and projects. Its DeFi ecosystem is also rapidly expanding, encompassing applications such as staking, token sales, and lending, and involving multiple subnets in the DeFi space, such as liquidity staking, borrowing, and perpetual DEX. This underscores its genuine potential for growth.
LTO Network is a hybrid blockchain platform for creating and managing decentralized workflow applications.
This article showcases Sending Labs' development of a decentralized communication protocol stack designed to overhaul the traditional TCP/IP model, tackling its centralization flaws prevalent in the Web2 era. The revamped protocol allows for peer-to-peer communication via wallet addresses, boosting security, privacy, and giving users increased control. It promises an unlimited provision of IP addresses, cuts out the need for centralized CAs, and integrates essential protocols such as DNS into the blockchain. The protocol also promotes setting up personal routers to foster a decentralized physical infrastructure and imbues network communication devices with financial characteristics that tie directly to blockchain accounts. Detailed strategies for decentralizing the network, transport, application, and physical layers are explored.
As Zero-Knowledge (ZK) technologies advance, ZK-Rollup is set to claim a substantial market share in the evolving market for Ethereum expansion. The text delves into Lumoz's proactive approach to addressing the challenges and demands ZK-Rollup faces, highlighting its role as a frontrunner and leader in this sector. This leadership has catalyzed the development of several emerging ETH Layer 2 and BTC Layer 2 projects and established a pioneering position in ZK mining.
The Runes Protocol utilizes the native UTXO system and the OP_RETURN function to introduce a superior method of issuing fungible tokens on the Bitcoin blockchain. This innovative approach not only simplifies data integration in Bitcoin transactions, but also significantly reduces network congestion. The Runes protocol will launch after the halving in April 2024 and aims to go beyond existing standards such as BRC-20 to provide a more efficient and comprehensive approach to asset management on the Bitcoin blockchain.
This article delves into the security challenges faced by the current market, exploring the security risks accompanying the rapid growth of Web3 users. By analyzing security solutions proposed by companies like Goplus, we further understand how to support the widespread application of Web3 from aspects of compliance and security.
Thorchain represents a cutting-edge decentralized protocol for cross-chain AMM (Automated Market Maker) trading. Its mission is to expand the availability of cryptocurrency liquidity across a widespread network of public ThorNodes and related ecosystem products. This platform is open for use by anyone, ranging from individuals to products and institutions, offering both native and cross-chain liquidity solutions.
With the rapid penetration of modular blockchains into L2, the maturity of various RaaS tools, and the implementation of the Cancun upgrade, the barrier to entry for building L2s has been significantly lowered, and technology is no longer the main obstacle to constructing Rollups. As a leading ZK-focused RaaS, Lumoz has great potential for success in the near future.