Recommended reading of the week: 10,000-word research report on Web3 payment track, OP Succinct unlocks the potential of ZK Rollup, Solana ecosystem DeFi platform Drift completes $25 million Series B financing, Multicoin Capital leads the investment

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Web3 technology is gradually changing the traditional financial payment landscape. However, for the real-world monetary system and payment system, there are extremely high risks. For this reason, this "10,000-word research report on Web3 payment track" written by @HuRosa1, a researcher at @Web3Caff_Res, will give you a panoramic analysis of its development background, technical architecture, ecological status, evolutionary forms (PayFi, etc.) and future challenges.

OP Stack's existing system relies on a "7-day anti-fraud window". If a dispute arises, the transaction verification will be delayed for a week. OP Succinct uses ZK proofs to shorten the time required to complete transactions, eliminating the need to extend the anti-fraud window. This article discusses this for you.

Centralized audits such as proof of asset origin may be based on the exchange's belief that there is suspicious behavior in the user's account, or may be triggered by law enforcement requests from government agencies around the world. They are designed to review suspicious illegal and criminal activities using cryptocurrencies and intercept compromised assets. This article explains this for you.

As of January 2024, Binance has helped authorities freeze and seize over $1 billion worth of crypto assets in public and private collaborations to stop malicious behavior. This article takes a closer look at the process.

Recently, Nirvana Finance, a stablecoin project on Solana, announced the restart of V2. This project was terminated after being hacked for more than 3.5 million US dollars in July 2022. This article will give you a detailed account of the case, please read it quickly.

Currently, more than 80% of Ethereum transactions occur on Layer 2 solutions, including Arbitrum, Optimism, Base, and zkSync. L2 networks have also faced some criticism for their centralization recently, which is discussed in this article.

At last week’s Solana Breakpoint conference, the atmosphere was lively and ecosystem product releases followed one after another. During this feast, an early version of the Solana validator client Firedancer officially landed on the mainnet. This article discusses it for you, please read it quickly.

From the perspective of blockchain data accessibility, this article deeply analyzes the evolution of blockchain data indexing during the development of the industry, and compares the old data indexing protocol The Graph with the emerging blockchain data service protocols Chainbase and Space and Time.

Centralized audits such as proof of asset origin may be based on the exchange's belief that there is suspicious behavior in the user's account, or may be triggered by law enforcement requests from government departments around the world. They are intended to review suspicious illegal and criminal activities using cryptocurrencies and intercept damaged assets. This article discusses this for you.

Recently, Nirvana Finance, a stablecoin project on Solana, announced the restart of V2. This project was terminated after being hacked for more than 3.5 million US dollars in July 2022. This article will give you a detailed account of the case, please read it quickly.

10 news items worth watching this week

• Arbitrum Nitro v3.2.0 released

• Sonic will be launched on the mainnet in December this year

• Ondo Finance and BlackRock proposed to Sky to introduce the former's US Treasury bond fund OUSG

• Circle Launches New Compliance Tool for Programmable Wallets: Compliance Engine

• Blast Launches Global Deposit Layer (GDL)

• Treasure DAO votes to launch L2 network on ZKsync

• Optimism to launch Superchain Interop for application developers

• Solana Ecosystem DeFi Platform Drift Completes $25 Million Series B Financing , Led by Multicoin Capital

• Rollup interoperability protocol Initia completes $14 million Series A financing , led by Theory Ventures

• Universal FHE protocol octra completes $4 million Pre-Seed round of financing , led by Finality Capital

Disclaimer: The contents of this article are for information sharing only and do not constitute any investment advice or offer. Please comply with the relevant laws and regulations of your country or region.