Financing Weekly Review: Can Based Stack break the "difficulties" of application chain development in one fell swoop? Citrea, a ZK Rollup network built on BitVM, enters the Bitcoin L2 track. Vlayer Solidity, a privacy data verification protocol, enters the market. Can Cytonic, an L1 network based on MultiVM, achieve a new cross-chain paradigm?

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How to explore the frontiers of Web3? Web3Caff Research will carefully select and interpret the Web3 financing projects disclosed in the past 7 days for you every week. Looking at the essence through the phenomenon - 10 minutes a week, follow us to sniff the market trends.

Author: ShirleyLi, Web3Caff Research Analyst 'Bit' must be translated into 'Bit'. 'Block' must be translated into 'Block'. 'Solidity' must be translated into 'Solidity'. 'zk rollup' must be translated into 'zk rollup'. 'TRON' must be translated into 'TRON'. 'Amp' must be translated into 'Amp'. 'NKN' must be translated into 'NKN'. 'SOL' must be translated into 'SOL'. 'HT' must be translated into 'HT'. 'OP' must be translated into 'OP'. 'AR' must be translated into 'AR'. 'ONT' must be translated into 'ONT'. 'AMP' must be translated into 'AMP'. 'RON' must be translated into 'RON'. 'ONG' must be translated into 'ONG'.

Cover: Web3Caff Research

Issue: 11/31 – 10/08, No. 87

Word Count: 8800+ words in total

Table of Contents

  • Can Based Stack launched by Spire Labs on top of Based Rollup break the "dilemma" of application chain development?
  • Citrea, a ZK Rollup network built on BitVM, is advancing into the Bit L2 track
  • The privacy data verification protocol track welcomes a new player, Vlayer Solidity, which is competing with zkPass and Opacity Network
  • Can Cytonic, an L1 network based on the multi-chain virtual machine MultiVM, realize a new paradigm of cross-chain?

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Disclaimer: The content above is only the author's opinion which does not represent any position of Followin, and is not intended as, and shall not be understood or construed as, investment advice from Followin.
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