Cover: Photo by Debby Hudson on Unsplash
When talking about the topic of large-scale adoption of Web3, "chain abstraction" is always mentioned. Chain abstraction solves the high threshold problem of participating in Web3, and is also a combination design of multiple intention solutions for developers and users. To this end, this over 16,000-word research report written by Wayne, a researcher at Web3Caff Research, will comprehensively sort out the background and development process of chain abstraction, and analyze the architecture and basic principles of chain abstraction through multiple project ecosystem applications. Finally, it analyzes the impact of the chain abstraction track on the competitive landscape of the blockchain infrastructure layer, and summarizes the ideal chain abstraction architecture solution and evolution trend in the future.
On June 3, Solana founder Anatoly and Ethereum Foundation researcher Justin mentioned the issue of economic security in a debate organized by Bankless. Toly believed that economic security was a meme, which triggered subsequent discussions among many bilateral KOLs. This article organizes and analyzes their views for you.
ZK (zero-knowledge proof), MPC (multi-party computation), and FHE (fully homomorphic encryption) are advanced encryption technologies designed to protect data privacy and security, but they are different in application scenarios and technologies. This article explores and compares the differences between FHE, ZK and MPC.
2024 can be said to be the year when traditional fields enter the tokenization field. The Bank for International Settlements (BIS) launched the "Financial Internet" blueprint, and the Monetary Authority of Singapore launched the "Global Layer 1" central bank blockchain. Recently, the news that Hong Kong launched the Hong Kong dollar stablecoin sandbox has sparked heated discussions in the industry. This article will discuss it for you.
Crypto prediction markets are a type of decentralized DeFi protocol where anyone can trade the outcome of an event on a smart contract when certain conditions are met. But are these crypto prediction market platforms compliant? This article will explain this to you, so take a quick look.
Singapore has a clear on-chain digital economy strategy, with the goal of taking advantage of the rapid growth of a large number of countries in Asia and Africa to become an international digital economy capital. Dubai does not have such a strategy, but it is more relaxed and inactive, and its costs are still competitive. This article provides you with an in-depth comparison of the current status and development prospects of blockchain and Web3 in different regions.
Recently, criminals have taken advantage of the business characteristics of VAOTC merchants and foreign exchange merchants to carry out targeted financial fraud, using bad checks as bait to defraud victims of virtual currency or RMB. This article provides an in-depth analysis of this fraud method and reveals its operating mechanism.
The Graph was launched in July 2018 and is a decentralized protocol for indexing and querying blockchain data. Developers can use open APIs to create and publish data indexes called subgraphs, enabling applications to efficiently retrieve on-chain data, as discussed in this article.
With the widespread dissemination and application of blockchain, there are frequent cases around the world where people use gimmicks such as "blockchain", "Web3" and "virtual currency" to "scam" others. This article lists the cases of "organizing and leading pyramid schemes" and their characteristics for you to read quickly.
As AI technology becomes more powerful, the AI industry has become extremely centralized, with power concentrated in the hands of a few companies. Cryptocurrencies and their decentralized and transparent nature offer solutions to some of these problems, as we’ll explain in this article.
10 news items worth watching this week
- US spot Ethereum ETF officially approved
- Coinbase Asset Management is creating a tokenized money market fund
- Starknet v0.13.2 is scheduled to be mainnet on August 26
- Base testnet launches failure proof
- Ethena Labs: Some BlackRock BUIDL issuers and other entities apply for reserve fund grants
- Vitalik Buterin published an article titled “Exploring circle STARKs”
- NPC Labs Completes $18 Million Seed Round Led by Pantera Capital
- Web3 AI company Network3 completes $5 million in financing , with EV3 and others participating
- Web3 AI platform Assisterr completes $1.7 million Pre-Seed round of financing , with participation from Outlier Ventures and others
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