News

  • Ethereum EIP-1559 upgrade goes live on Polygon to destroy MATIC

    The Ethereum upgrade, which introduced a partial network fee burning mechanism last August, has been launched on Polygon , the second layer scaling network . Last summer, Ethereum’s EIP-1559 upgrade, released alongside the London hard fork, was a success in terms of gas price predictability and network fee burn. The upgrade has now been launched on Polygon, the second-tier extension network, to improve “fee visibility.” The upgrade goes live at area code height 23850000. The Polygon team announced the upgrade date on January 17, after the upgrade was successfully deployed on the Mumbai testnet. The EIP-1559…

    Ethereum News 2022-01-18
  • A sneak peek at Snapshot’s upcoming 2-tier voting framework, Snapshot X

    On January 18, 2022, Snapshot officially announced that it plans to release Snapshot X in the second quarter of 2022. Snapshot X, formerly known as StarkVote, was developed by Snapshot in cooperation with the StarkWare team. This solution will improve Snapshot in many ways. What is Snapshot X? Snapshot X is a voting framework based on StarkNet, a 2-layer ZK-Rollup. It will allow any DAO to run its on-chain governance on Layer 2 and execute transactions on Ethereum . This would provide similar security guarantees to users’ voting framework at Layer 1, at a fraction…

    News 2022-01-18
  • Learn about digital assets starting with the history of money

    NFT digital art collection displayed on I-pad. Image: Ava Labs Today, there are countless ways we can build wealth, such as savings, real estate, and income-generating assets. As technology advances, ways to build wealth are constantly improving and expanding. Before we know it, in a society that demands instant gratification and a seamless experience, “many ways” is especially important when it comes to money. The rise in popularity of NFTs has ignited a passion for money and its related innovations in many people. (An NFT is a unique asset that is digitally verified…

    2022-01-18 News
  • Hear from Ryan Selkis and Coinbase CEO Brian Armstrong’s professional interpretation of Messari’s 2022 year-end report

    Video source: CoinbaseIn this special episode of the “Around The Block” podcast, Coinbase CEO Brian Armstrong and Messari CEO Ryan Selkis are recorded in conversation after “Messari’s Big Year-End Report: The 2022 Encryption Paper.” They discussed the current state of the industry, the Web3 environment, layer1 competition, layer2 extensions, DAOs, and more.  

    News 2022-01-18
  • Ethereum’s 2021

    Ethereum is the foundation of digital civilization It is robust, secure and reliable, and it is the cornerstone necessary to support the digital cities built on it. These cities are developing rapidly. Since Ethereum is open to everyone, many different users have found reasons to build on it: Markets use it as financial infrastructure Artists use it to give permanence to their work Assets use it as a settlement layer The community uses it to manage shared resources This year, Ethereum applications have exploded into the public consciousness. The old term “web3” is…

    2022-01-18 Ethereum News
  • Reinventing Google: Tokens are the “hyperlinks” of a new era

    Editor’s note: As a blockchain media focused on products and technologies, one of the most important directions in the Orange Book is the early infrastructure construction of the industry. But the blockchain industry is too early – before you really want to do something, you often need to ask: what do we need? We believe that the premise of problem solving is asking a good question. Innovation and the perception of innovation itself will continue to alternately roll forward. This will be a norm in the blockchain industry. Today we introduce an article about…

    News 2022-01-18
  • Identity Issues Under Web 3: How to Prove I’m Me under Anonymity?

    The internet is going through an identity crisis. The web matured with the advent of social platforms in the 2000s. These social platforms created new forms of connection, and people at the time hoped that the web would become an open jurisdiction, but the reality was disappointing. While social platforms establish norms for how we as individuals represent ourselves, they also dampen the imagination of anonymous networks to a certain extent. Like other promises, the network also presents itself as an experimental prosthesis, meaning that different forms of identity can…

    2022-01-18 News
  • Why Web3 Needs Product Management

    DAOs need a cohesive product strategy and flawless delivery in order to thrive and compete with the giants of Web 2.0 (head companies) – this post is about how they can do just that (and bring product management to life in the process). decentralization). With the rise of DAOs (Decentralized Autonomous Organizations), decentralized activities and organizations are a hot topic these days. Communities like Sushiswap or BanklessDAO have rallied around this idea — and successfully turned these ideas into full-fledged products without compromising its transparent and distributed community nature. However, decentralization seems…

    2022-01-18 News
  • Bankless DAO first experience: Can an eight-hour working system really earn 5,000 yuan a day?

    “What is Bankless DAO” With the fire of the Metaverse concept, DAO is also known by more and more people. Some people believe that as a new form of collaborative organization, people are likely to work in DAOs in the future, just like we work in companies today.So, a curious question is, what is it like to work in a DAO? How is this significantly different from working in a company?Given that most of the DAOs today are based on the Bankless Dao template, so experience Bankless DAO, maybe we…

    2022-01-18 News
  • How does Polygon plan to be Ethereum’s internet of blockchains?

    The Ethereum blockchain is currently facing technical pain points such as high transaction fees and slow confirmation times, which has led some users to migrate to other layer 1 blockchains such as Solana, Avalanche, and Binance Smart Chain. Polygon wants to reverse this trend and create an entirely new protocol that connects all Ethereum-based blockchains into one ecosystem. Polygon, formerly known as Matic Network, was founded in 2017. They launched an Ethereum sidechain in June 2020, allowing fast and low-cost transactions without completely sacrificing security, and this was achieved through the Plasma…

    News 2022-01-17
  • Why are people still bullish on Bitcoin?

    Sometime last year in 2021, I promised myself that I would never talk or write about Bitcoin again. I stop talking about bitcoin out of sheer pity, why flog another dying old horse? But until now, I can’t control myself. Especially when I see so many people parroting bullish Bitcoin. After all, the decline of Bitcoin has become obvious to ordinary people. (I don’t care if Bitcoin proponents are in denial or if they are deliberately fooling themselves) However, the market noise about Bitcoin is still deafening, and their voices are bound to…

    News 2022-01-17
  • Life is a Play to Earn

    foreword We’re working out what’s a DOPE and what’s not. Thom said that our life is actually a P2E (play-to-earn). All the time, we strategize (play) for the next step, and receive rewards or pay (earn) for the decisions we make at any time. I didn’t get the so called “gamefi” of the open world before until I found a version I was willing to explain, and found that junction and ‘interface’. I seem to be looking for a connection, and this sense of connection is the reason for a…

    2022-01-17 News
  • Survey: UK Crypto Adoption Increases 1% in December, ETH Holds 3rd

    According to a survey conducted by Finder.com in December, the United Kingdom ranked third in the global Ethereum adoption rankings, while overall cryptocurrency adoption rose by only 1%. At the end of 2021, UK crypto enthusiasts are busy consolidating and rebalancing their portfolios. Finder.com surveyed 2013 internet users in the UK in December 2021 and the results were varied. Since the last survey conducted in October 2021, cryptocurrency holdings in the UK have risen by 1 percentage point from 5.2% to 6.1%, while ethereum’s dominance continues to emerge. The UK has…

    2022-01-17
  • OlympusDAO’s Blindfold

    The latest data on January 17, 2022 shows that the total lock-up volume of the once-popular algorithmic stablecoin project OlympusDAO has dropped by 75% from the highest point, and the price of the token OHM has dropped by 90%. Selini Capital CIO Jordi Alexander published the first part of the trilogy on December 30, 2021, and the second part on January 16, 2022. OHM fell 50% on the same day. This article is the second article in the “Blindfold” published by Jordi Alexander. prelude “Zeus” – founders of the OlympusDao family –…

    2022-01-17 News
  • The Way of VC’s Survival in Web3

    In 2021, Web 3.0 entered the public eye and became a buzzword, and at the same time, NFTs also brought millions of new users into the world of decentralized applications. And on the funding side, many crypto-native funds have raised significant amounts of new capital, and large VCs and private equity firms, such as Tiger or Coatue, have also expanded their digital asset divisions and started actively investing in various Projects in the direction of Web 3.0. This has two effects. First of all, if Web 3.0 is “owned” by VCs, many…

    2022-01-17 News
  • Data Survey: “Coinbase Effect” or “Coinbase Curse”?

    Marc Andreessen has been a little embarrassed lately. Is he worried that things will come to light? Jack Dorsey has been going all out to expose VCs profiting from altcoins despite their purported push for “decentralization.” Which got me thinking: Marc Andreessen actually has a seat on Coinbase’s board. At the same time, Coinbase made his tokens available to the public. Isn’t this a conflict of interest? I’m starting to wonder what the long-term performance of these tokens looks like, especially compared to Bitcoin and Ethereum – these benchmarks are hard to look…

    2022-01-17 News
  • Consensus layer progress update (as of 2022/1/14)

    Top recommendation Happy new year friends! It hasn’t been updated for a while. During the holidays, my favorite was without a doubt Vitalik’s long podcast as a guest on Bankless, talking about his recently updated roadmap for “The Urges”. Beacon Chain The beacon chain continues to function normally, with over 9 million ETH staked on it and over 280,000 validators. The engagement rate is about 99.8% and it really works well. The Prater testnet had a bit of a problem over the holidays – the trigger appears to be that some of…

    News 2022-01-17
  • How does Web3 invest in layout?

    At present, the Web3 architecture is mainly divided into four layers, which are: protocol layer, infrastructure layer, use case layer, and access layer . It is also simpler to understand. Below we will sort out the relevant hot items for each different layer. Protocol layer L1: ETH, SOL, AVAX, Cosmos Bridges: Synapse, ANY, Hop infrastructure layer Audit: OpenZeppelin, Certik Storage: AR, FIL, STORJ, Ipfs Communication: XNTP, Matrix, Swarm Analysis: Dune, Chainalysis, Covalent Governance: Tally, Snapshot, Sybit, etc. Identity: ENS, Spruce, Unstoppable Finance: CRV, AAVE, LDO, etc. use case layer Games: IVL, AXS, MANA…

    2022-01-17
  • Vitalik slams cross-chain dYdX announcing full decentralization

    Vitalik Buterin outlines his views on the world of cross-chain blockchains. dYdX has announced plans for full decentralization in 2022. And Near Protocol raised $150 for Web3 technology. Vitalik said he is optimistic about multi-chain rather than cross-chain, Web3 world. Ethereum co-founder Vitalik Buterin shares his assessment of the security limitations of implementing a full-featured cross-chain bridge within the blockchain industry. According to Buterin, storing assets on their native chain provides a higher level of security compared to cross-chain activity, thus defending against 51% attacks. He believes: “It is always safer to hold…

    2022-01-17
  • The DAO of the Future: How the DAO’s Development Road Will Look in 2022

    In late 2021, many investors looked to DAOs as they looked ahead to market opportunities for the next year. As a native concept of the decentralized world, DAO can be divided into two parts: infrastructure and application. The infrastructure provides developers and users with basic tools such as identity authentication, communication tools, and fund management, which are key elements for developers to build DAOs. On the application side, DAO can exist in any form, and its decentralized nature makes it compatible with many forms of innovation: investment, donation, crowdfunding, social networking,…

    DeFi News 2022-01-17