News

  • Can miners turn to Ethereum Classic ETC?

    After Ethereum founder Vitalik Buterin encouraged PoW-enabled miners to switch to Ethereum Classic (ETC), DCG (Digital Currency Group) founders made a similar call. On Aug. 6, Digital Currency Group founder and CEO Barry Silbert tweeted, “We fully support ETH PoS, and we do not plan to support any ETH PoW forks other than ETC. ETH miners should shift their computing power to ETC to maximize long-term revenue. In fact, according to 2miners data, since July, the computing power of the entire ETC network has risen sharply, from around 20Th/s to…

    2022-08-08
  • Classic Quotes from 2022 Korea Blockchain Week

    On August 7, Asia’s largest blockchain event, the Korea Blockchain Week (KBW 2022), kicked off in Seoul, South Korea. In its 5th year, Korea Blockchain Week is hosted by blockchain community builder FactBlock and co-organized by blockchain venture capital firm Hashed. Blockchain hedge fund ROK Capital participated as a partner. In addition, Klaytn, Solana and Wemade served as title sponsors of the event. More than 100 blockchain industry practitioners, including Vitalik Buterin, founder of Ethereum, Yat Siu, co-founder of Animoca Brands, and Changpeng Zhao, CEO of Binance, attended the conference…

    2022-08-08
  • Dismantling the Data Availability Layer: The Overlooked Lego Bricks of the Modular Future

    This article is the original content of IOSG, which is only used for industry learning and communication, and does not constitute any investment reference. If you need to cite, please indicate the source. For reprinting, please contact the IOSG team for authorization and reprinting instructions. For the data availability of light clients, there is little objection to using erasure codes to solve this problem, the difference lies in how to ensure that the erasure codes are correctly encoded. KZG promises are used in Polygon Avail and Danksharding, while fraud proofs are used…

    2022-08-08 News
  • Report Interpretation: Blockchain Security Situation in the First Half of 2022

    Blockchain security posture In the past two years, under the influence of various factors such as the raging epidemic, economic recession, energy shortage, escalating geopolitical conflicts, and intensifying international competition, the global social and economic development has encountered unprecedented challenges. At the same time, the global blockchain industry is also undergoing an accelerating change: the efficiency, security, and scalability of blockchain technology have been continuously improved, and the rise of emerging fields such as the Metaverse and NFT has enabled blockchain The industry has officially entered the 3.0 era. According…

    2022-08-08 News
  • Why do some people choose to leave when Web3 becomes the “sweet bun” of capital and big factories?

    Web3 is hot out of the circle, attracting the attention of many people, and even some naked words to start a business, but is Web3 really a good medicine? How should we view it correctly? To this end, we conducted an interview with 3 practitioners in the Web3 field, hoping to see the situation behind this hot phenomenon through these real voices. In 2018, when the blockchain entered the first cold winter in recent years, not many people talked about the greatness or innovation of this technology. Most of them…

    2022-08-08 News
  • Web3’s breakthrough path: social graph, creator economy and SaaS

    French sociologist Talde pointed out in his book “The Law of Imitation”, “In the process of human transformation, there are few new inventions, and more transformation and imitation.” To achieve a breakthrough in Web 3, it is necessary to straighten out the current parallel and actually conflicting logical paradoxes, and find their breakthrough points and feasible paths. In the face of VC’s step-by-step encroachment, the cramped living space also has sparks of fire, we will use belief and technology to expand the territory, gather all the developers to attack the…

    2022-08-08 News
  • How has the crypto space affected esports?

    Crypto companies have been pouring money into the esports space in recent years, witnessing an explosion in esports, and Bitcoin has also been used for some esports league prize pools. Total esports spending has also soared to $2 billion in 2022, and esports viewing has become a thriving business, with live streaming platform Twitch reporting an astonishing number of esports viewing hours as of July this year. 770 billion minutes. The two industries, crypto and esports, have highly similar target audiences. The average age of cryptocurrency and esports enthusiasts is between…

    News 2022-08-08
  • Is Aptos really just repeating Solana’s narrative?

    At the moment, you can find a lot of public blockchains that belong to some kind of ecosystem, and the competition in this space is fierce. But the developers of Aptos took a different path and decided to create a unique Layer 1 blockchain. They have focused on a high level of security and scalability. This new blockchain targets different categories of users: from private investors with small initial capital to developers who contribute to the development of the ecosystem. Currently, the project is under active development and its team regularly updates blogs…

    News 2022-08-08
  • “Multiple Personalities” who “forged” 70% of Solana’s TVL is looking at Aptos

    For crypto user Saint Eclectic, Sunny Aggregator, a DeFi aggregator on Solana, is doing something a little out of the ordinary. Sunny’s native token rose fivefold during last summer’s bull run. In early September, when Sunny was less than two weeks old, billions of dollars in cryptocurrency poured into the yield farm. However, Saint and others still have questions: Who is behind Sunny? Why does this developer use the pseudonym “Surya Khosla”? Is its codebase audited? Is the user’s cash safe? “There was no indication of who Surya was,” Saint recalled recently. “A lot of…

    2022-08-08 News
  • Taking Solana mobile phone as an example, what kind of imagination can Web3 mobile phone bring us?

    The concept of Web3 has been heard endlessly, and discussions on it have also appeared in various industry associations, academic organizations, and media platforms. Around the development of Web3, the new thing of Web3 mobile phone has also entered the public eye. On June 24, Anatoly Yakovenko, the co-founder and CEO of the public chain Solana, officially announced at a press conference in New York that he would launch the Web3-centric Android phone “Saga”. The news that the public chain launched the Web3 mobile phone immediately sparked discussions. For the…

    News 2022-08-08
  • Anatomy: From Web3 Infrastructure to Web3 Framework Architecture

    The Internet has fundamentally changed societies, individuals and economies. As a tool to initiate knowledge transfer, it ushered in the information age and became the basic platform for realizing applications, networks and services. It has evolved over time, and today we are moving from “Web2” to “Web3”, the next evolution of the Internet. Ask 10 people to define Web3, and you’ll get 10 different answers, but the Internet is changing as a result of the maturation, globalization, and social transformation of multiple technologies. Web3 embodies many principles and promises to be a more…

    News 2022-08-08
  • Time to make DAOs boring

    【Abstract】When talking about DAOs, we are all focused on those exciting innovations and ideas for the future. It’s time to put aside ideals and think about bread! In the current DAO field, there are still many issues that contributors need to worry about before joining, such as taxation, worker benefits and so on. This article introduces the legal issues, welfare issues, pensions and medical insurance that workers in the DAO field currently face when they join, and the difficulties encountered by DAOs in solving these issues, and gives some currently feasible paths….

    2022-08-08 News
  • Why is “decomposition” the first principle of blockchain optimization?

    Over the past two weeks, I have spent a lot of time learning about the latest chain-level innovations, and in my opinion, “disaggregation” is the first principle that guides these innovations. What is decomposition? The term comes from ‘modular blockchain’ (my latest article explaining why decomposing and not modularizing blockchains), and there are some differences between decomposing and modularizing: Modularity refers more to a layer in the stack that outsources at least one of the blockchain’s three properties ‘execution, settlement and data availability’ from operating the blockchain. Decomposition is possible…

    2022-08-08
  • US Senate passed the $430 billion anti-inflation bill, where will cryptocurrencies go?

    Unprecedented fiscal and monetary stimulus, led by the Federal Reserve, sparked a crypto investment boom from the start of the pandemic. With the start of the rate hike, U.S. stocks and the crypto market plummeted. Recently, the U.S. Senate passed a $430 billion anti-inflation bill. If the bill continues to advance, what cascading effects will it have on cryptocurrencies? The U.S. Senate began on Sunday to pass a $430 billion (422.3 billion euro) climate change, health care and tax bill after U.S. Vice President Kamala Harris voted on Saturday for Democrats to…

    News 2022-08-08
  • Delphi Digital: The Complete Guide to Rollup

    Vitalik contributed his masterpiece The Incomplete Guide to Rollup , and I’ll show you The Complete Guide to Rollup. Well, actually it wasn’t complete either, but it sounded pretty cool, so I decided to go with that name. This report only analyzes the design space of Rollups on Ethereum and Celestia. I highly recommend my recent Ethereum report for background reading. In this report, I’ve covered the two projects I’m most familiar with, but there are actually many other teams building. Polygon (Avail), Tezos and Milkomeda etc. are also in the Rollup stack game. In fact, Tezos is…

    2022-08-08 Ethereum News
  • Web3 builder is a pirate first

    Pirates are pioneers of democracy “Being a pirate is better than joining the navy,” says Steve Jobs . “To live outside the law, you have to be honest.”  Bob Dylan sings. They’re all right, and they all apply to where Web3 is going. Why? Pirates were the “Internet celebrities” of the 18th century, representing the yearning for life at will The pirates of the 17th and 18th centuries were fascinating. The social mechanisms employed by pirates and other social robbers can be summarized as liberalism , democracy , federation , equality , brotherhood , and community . Long before the American or French Revolutions, pirates…

    News 2022-08-08
  • Detailed explanation of this round of GameFi development path and future trends

    As early as 2016, there was a prototype of gamefi in the crypto world; from 2019 to 2021, with the arrival of the new cycle, a new form of gamefi represented by Axie: gradually approaching modern video games, bringing the world of web2. At the same time, users can activate the ecology of the crypto world. Author: RachelOriginal text: “Summary and Prospect of This Round of Gamefi Investment” Around this time last year, I began to systematically look at the primary investment of gamefi in institutions. Currently, the primary and…

    2022-08-08 News
  • What does it mean for Ethereum revenue to be surpassed by DApps such as Uniswap?

    In the next cycle, is it possible to create a super DApp with revenue value close to or even higher than the underlying public chain? Something happened recently, whether it is big or small, that is, the total turnover of Uniswap in the first two weeks exceeded that of Ethereum. It is not big because it is only a weekly data after all, which belongs to “occasionally”; it is not small because Uniswap is only one of the thousands of DApps on Ethereum, and now a DApp earns Temporarily surpassing the…

    2022-08-08
  • A detailed explanation of RIA: A necessary license for venture capital funds to enter Web3?

    event background In June 2022, the SEC formally approved Bessemer Venture Partners’ application for an RIA license. At the end of 2021, Sequoia Capital proposed in an open letter on October 26, 2021 that it would transform from VC to RIA (Registered Investment Advisor, registered investment advisor), which has aroused the market’s attention to the transformation of the venture capital industry. In fact, as early as 2019, the well-known American venture capital A16Z in 2019 has transformed into an RIA in order to meet compliance requirements when investing in cryptocurrency and…

    2022-08-08
  • Rollup-as-a-Service Challenges and Opportunities: From Multi-Chain to Multi-Rollup

    Cosmos and Polkadot adopt the expansion scheme of multi-chain structure. Their blockchain SDKs, Tendermint and Substrate, are used by many projects to customize their own blockchains. These blockchains use cross-chain protocols such as Cosmos IBC[1], Polkadot XCM[2] and bridges[3] to interact. However, it is difficult for these protocols to guarantee high security, which leads to frequent hacking. Therefore, the cross-chain protocol did not bring the expected effect, and the blockchains remained relatively independent. From Cosmos Network – Internet of Blockchains[4] and Getting Started · Polkadot Wiki[5] Later, a more secure scaling technique called rollup…

    2022-08-08 News