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취미생활방
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취미생활방
🇺🇿 ADI Chain: UAE DDSC Stablecoin Launch ✅ Learn about ADI, a Layer 2 blockchain for institutions seeking to build a national financial infrastructure through regulatory compliance and real-world asset (RWA) linkage, and its stablecoin, DDSC. 🪙 DDSC 🟢 Pegged 1:1 to the Dirham 🟢 Approved and licensed by the Central Bank of the UAE (CBUAE) 🟢 Runs on the ADI Chain, supporting payments, remittances, and cross-border settlements 🟢 Supporting on-chain expansion of RWA and institutional finance 📂 ADI Chain: L2 for Real-World Performance 🟢 EVM-compatible Layer 2 architecture audited by OpenZeppelin 🟢 Leverages ZKsync Airbender technology for security and scalability 🟢 Capable of processing over 8,000 transactions per second 🟢 EVM compatibility facilitates rapid onboarding for developers 🟢 Partnerships with over 50 enterprises and governments 🟢 Specialized chain targets for government agencies, major banks, and large-scale business builders 📂 Proven partners and use cases across various sectors 🟢 Asset custody with First Abu Dhabi Bank (FAB) Bank Partnerships 🟢Mastercard: Planned to participate after MOU signing 🟢M-Pesa: Discussing joining a mobile money solution with 50 million users in Africa and the Middle East as an overseas settlement layer 🟢Supporting tokenization of registration and land records in collaboration with the Abu Dhabi Real Estate Centre (ADREC) 🟢Supporting blockchain security operations and on-chain government systems with the Emirates Driving School 💬 DDSC, a stablecoin using the dirham currency of the United Arab Emirates, is a central bank-approved stablecoin, similar to an L2 developed through proven use cases by governments and institutions. Unlike other L2s that accumulate TVL (total value locked) after launch, ADI seems to have already been well-planned by institutions and governments. It's planned to be used in various areas, including remittances, payments, and asset tokenization. It seems like a good example of what an institutional-grade stablechain should be like. The KRW stablecoin is also a good example to follow. Stablecoins are gradually being introduced around the world. Twitter | Official Korean Twitter #ADI #DDSC #KOL
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취미생활방
Layer Zero was supposed to launch a new chain, as leaked. I read the blog article about it about an hour ago, and if it's implemented as planned, it's truly big news in terms of infrastructure. The details are a bit complex, so let me summarize them as simply as possible: - Decentralization: Anyone can be a validator. There's no minimum delegation. While delegated to Senators, the higher-level governance participants, direct governance participation is also possible. ZKVM-based validator requires minimal performance. - Built-in L2: Zero has multiple execution shards called Zones, each handling different tasks. Zones can theoretically have arbitrary execution environments. All creation, modification, and upgrades of Zones must go through Zero's on-chain governance. Zero serves as the Zone settlement layer (verifying validity proofs for computations). In theory, 2 million TPS can be achieved in a decentralized environment. - Zones will be used for three purposes: general smart contracts, global markets, and payments. Among these, the Global Market Zone has introduced a fully self-built execution environment, and the payment system has added numerous privacy-focused features. - Notable Note 1: Citadel, DTCC, and ICE (parent company of the NYSE) are included as Day 1 partners for the Global Market Zone. - Notable Note 2: Onboarding of advisors Cathie Wood and Michael Blougrund (Vice President of ICE, former COO of NYSE). - Notable Note 3: According to the tech blog, the current token, ZRO, appears to be becoming Zero's native token. The various technologies Layer Zero has announced so far, such as QMDB, SVID, and FAFO, all seem to have been build-ups for Zero. Personally, I feel like this is what would happen if they front-run the lean Ethereum roadmap. I'll be following up on CT today, as there will likely be a lot of discussion about this. Technical Blog Tweet Tweet 2 * I am a ZRO holder.
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취미생활방
📕Hobby Life Research Written by "SB" 📌Key Issues of the Moment ✔️Ahead of the retail sales and CPI, two key indicators in the US, consumer inflation expectations fell significantly to 3.1%, falling short of previous estimates. ✔️A senior White House advisor noted that a shrinking US labor force and rising productivity could indicate a future employment slowdown, but also cautioned that concerns about AI are overblown. ✔️Fed Governor Miran stated that inflation and dollar concerns due to tariffs are overblown. ✔️However, reports emerged that China has unofficially ordered the sale of US Treasury bonds. ✔️The US dollar index is currently at 96.879, having reversed about half of its gains since the start of interest rate hikes. ✔️The dollar is weakening as China and other countries begin to move away from the dollar. However, we believe that dollar weakness will be limited until a substantial interest rate cut occurs. ✔️However, the dollar may strengthen following the CPI release this week (Friday, February 13th) and the non-farm payrolls index (Wednesday, February 11th), which is not good for risky assets. ✔️Nevertheless, gold, which had surged approximately 30% since early January, has reversed course and is currently fluctuating around $5,000, indicating that the rapid rally in assets has somewhat subsided. ✔️Bitcoin and Ethereum spot ETFs, which had consistently seen net outflows, returned to net inflows as of the February 9th trading day, suggesting a short-term bottom. ✔️Ray Dalio warned that the Federal Reserve is overstimulating the economy, creating a bubble, suggesting that we have entered a risky phase unlike any in the past. ✔️The US market, which had been seeing a shift in funds from growth stocks to value and consumer stocks, has rebounded after reversing excessive losses, but the Nasdaq index remains below its 60-day moving average. ⚖️ Summary The downward trend in consumer inflation expectations signals a slowdown in inflation, but also a signal of recessionary concerns. Personally, I believe the CPI, whether it's lower or higher, won't have a significant impact. (It's likely to remain flat.) However, if retail sales aren't strong, this could be bad news for risky assets. Funds are shifting from "highly rising assets to less-higher assets." #International
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