Blockchain
Blockchain is the underlying technology for almost all cryptocurrencies. It is a distributed ledger jointly maintained by decentralized nodes around the world. Blockchain is hailed as "the trust machine", enabling trustless peer-to-peer payments. Blockchain will become the infrastructure for the next generation of the Internet - Web 3.
Prodia is an artificial intelligence (AI) platform specializing in image and music generation through its API. The company developed the Stable Diffusion API tool, featuring various models that convert text into high-quality images, including SD1.5, SDXL, and SD3, each offering different resolutions and functionalities. Prodia's infrastructure boasts over 10,000 GPUs, capable of processing image generation requests in just 2 seconds. Since its inception, Prodia has generated over 400 million images. As an emerging force in the AI field, Prodia is expanding with its innovative distributed computing technology and powerful generative capabilities, but the rapid iteration of technology and dynamic market changes mean that Prodia must remain flexible and forward-thinking to address future uncertainties.
7/23/2024, 11:03:55 AM
For early-stage protocols, Express Relay offers an accelerated deployment solution, enabling new protocols to seamlessly connect to established top searcher networks to fulfill their liquidation needs. For searchers, Express Relay aggregates liquidation and other valuable transaction opportunities from multiple DeFi protocols in one place. Searchers can compete for all these opportunities without having to write custom code for each protocol's interface. By reducing integration costs, Express Relay allows searchers to operate more efficiently, resolving the issue of sourcing liquidators.
7/23/2024, 10:55:30 AM
ETH holders have staked over $111 billion worth of ETH, accounting for 28% of the total supply. The amount of staked ETH is also referred to as Ethereum's "security budget" because stakers could face network penalties for double-spending attacks and other violations of protocol rules. In return for maintaining Ethereum's security, stakers earn rewards through protocol issuance, priority fees, and maximum extractable value. Users can easily stake ETH through liquid staking pools without sacrificing asset liquidity, leading to a higher demand for staking than Ethereum developers anticipated. This article will outline the staking situation on Ethereum, including the types of stakers, risks and rewards associated with staking, and predictions for staking rates. It will also provide insights into proposals by developers to adjust network issuance in response to high staking demand.
7/22/2024, 5:00:34 PM
Intent-based approaches have changed the way transactions work by focusing on users' ultimate goals or intents rather than the specific steps to achieve them. Although intent-based bridging technology can enhance user experience, the lack of solvers can lead to centralized solutions. Additionally, the absence of solvers introduces centralization issues, such as single points of failure, censorship risks, and the potential for increased costs.
7/22/2024, 4:52:29 PM
Contracts, simply put, are restrictions on how tokens can be transferred, allowing users to specify the distribution of UTXOs through contracts. Many scaling solutions, such as the Lightning Network, are based on this principle, demonstrating that Bitcoin's scaling solutions heavily rely on introspection and contracts. In the crypto world, the most common method is commitment, often achieved through hashing. To prove that we meet the transfer requirements, a signature mechanism is needed for verification. Thus, contracts involve many adjustments related to hashing and signatures.
7/22/2024, 4:35:43 PM
This article explores the evolution of yield models within the DeFi ecosystem, as well as protocols that use elements like RWA (Real-World Assets) and basis trading to maintain yield and liquidity. The development of on-ramp and off-ramp solutions and changes centered around cross-chain interoperability will replace these centralized factors, enhance user convenience in the DeFi ecosystem, and continue to drive innovation in new DeFi protocols as blockchain usage increases.
7/22/2024, 4:26:22 PM
This article delves into the contents of the Monetary Authority of Singapore's white paper "Global Layer 1: Foundation Layer for Financial Networks," which details a blueprint for the development of global financial infrastructure based on Distributed Ledger Technology (DLT). The article analyzes the shortcomings of the current financial market infrastructure and proposes a vision to achieve cross-border payments and asset tokenization through the establishment of open and interoperable DLT infrastructure. This initiative will help reduce operating costs for financial institutions, improve market liquidity and efficiency, and ensure compliance with international regulatory standards.
7/22/2024, 3:53:59 PM
This article analyzes the convergence phenomenon in the architectural design of high-performance blockchains, discussing the advantages and disadvantages of different design solutions and their implications for future blockchain architecture. Whether based on Ethereum rollups or independent chains, all are evolving towards similar high performance and decentralization.
7/22/2024, 3:39:38 PM
"Blinks" is a feature that converts "Actions" on Solana into shareable links, allowing users to easily execute cryptocurrency transactions through various digital paths such as websites, social media platforms, and QR codes. With the newly introduced Blinks and Actions, Solana chain users can now transfer funds on Telegram, buy and sell NFTs on X, and stake in Discord without needing a DApp. Blink has become a powerful tool for Solana, bridging web2 and web3.
7/22/2024, 3:10:54 AM
Learn how Pocket network ensures reliable and scalable blockchain interactions, facilitating greater accessibility and efficiency in the Web3 space.
7/19/2024, 8:20:55 AM
This article discusses 15 Layer-1 cryptocurrency projects to watch in 2024, highlighting their importance in ensuring the security, consensus, and decentralization of the blockchain ecosystem. While Layer-2 solutions improve performance, they still rely on the security and decentralization provided by Layer-1 networks.
7/19/2024, 7:09:20 AM
Discover PlayDapp, a web3 blockchain-based gaming platform that offers true ownership of digital assets, decentralized gaming, and cross-game interoperability.
7/19/2024, 1:01:30 AM
What is Nosana? What are Nosana's features? What is NOS? What’s the distributed GPU network technology? What constitutes Nosana? How does Nosana's staking work? How to become a Nosana node? Do you know Solana's DePIN project? How about the differences between Nosana and io.net?
7/19/2024, 12:54:30 AM
XPR Network is a new type of public blockchain that allows users to directly link their identity with fiat accounts, supporting seamless transactions using crypto assets. Additionally, XPR Network can utilize decentralized identification of users, including NFTs, token wrapping, decentralized stablecoin indices (XMD), DeFi lending, trading, and governance.
7/18/2024, 11:54:14 AM
Forward-thinking companies are embracing cryptocurrencies as a legitimate payment method. These companies are starting to bridge the gap between the digital world of crypto and the physical world of high-end goods. Ginza Xiaoma is one such company, offering a unique service that caters to crypto investors seeking to diversify their portfolios with a touch of extravagance.
7/18/2024, 10:37:18 AM