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Village Protocol Review: January 18, 2024
Matter Labs and iCandy Unveil zkCandy - A Strategic Digital State
In the latest Village Protocol review by CoinDesk on January 18, 2024, several startups captured attention, with Matter Labs and iCandy founders announcing a groundbreaking initiative—a "strategic digital state" incorporating collaborative integrity and resource allocation. This venture will lead to the development of zkCandy, a specialized hyper-network focusing on gaming and artificial intelligence within the decentralized infrastructure. The hyper-chain is poised to offer comprehensive tools for gaming, machine learning, decentralized infrastructure, developer resources, and a unique ecosystem.
Safary's Triumph in Pre-Seed Round
Safary, self-described as an "alternative team to Web3 Google Analytics," joyfully shared news of successfully closing a $2.4 million pre-seed round, led by Lemniscap. Other participants include Arca, SevenX, Big Brain Holdings, Saison Capital, Diaspora Ventures, and 20 business angels. The funding will expedite the development of Safary's platform marketing attribution, enabling the analysis of Web3 marketing CAC, investment profitability in the channel, and customer LTV. Safary's free solution unlocks research and monitoring capabilities for Web3, incorporating code onto websites, tracking wallets, displaying conversions, and links to any network activities.
Minima's Decentralized Milestone
In a significant move, Minima has "disabled all 24 centralized servers—16 network relay nodes and 8 archival. The network now operates entirely through 25,000–50,000 independent nodes that remain active." According to Luke Edwards, Head of Communications, "We now function solely through user bases," marking a transformative shift for Minima. Read the full article
#CoinDesk#CryptoProtocols#decentralization#DecentralizedInfrastructure#Hyper-Network#iCandy#Lemniscap#MarketingAttribution#MatterLabs#Minima#Pre-SeedRound#Safary#VillageProtocol#Web3GoogleAnalytics#zkCandy
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ZkSync geliştiricisi Ethereum Rollup’ları oluşturmak için Araç Seti yayınladı. Araç seti, kripto geliştiricilerinin dijital varlık alanında bu yılın en sıcak teknolojilerinden biri olan zk-proof’la desteklenen süratli ve ucuz Blockchain oluşturmalarını kolaylaştıracakzkSync’ten yeni bir araç seti geliyorcointahmin.com olarak bildirdiğimiz üzere, zkSync Era Blockchain’in ardındaki şirket olan MatterLabs, bir araç seti yayınladı. Bu set, Blockchain geliştiricilerinin zero-knowledge (ZK) ispatlarıyla desteklenen ağları kolay kolay oluşturmalarına yardımcı olacak. Matter Labs’ın tanıttığı ve ZK Stack olarak isimlendirilen yazılım geliştirme araç seti (SDK), geliştiricilerin zkSync Era’nın kod tabanına dayalı yeni “hiper Blockchain’ler” oluşturmasına imkan tanıyacak. Matter Labs’in teknolojiden sorumlu kıdemli lider yardımcısı Anthony Rose, hususa ait olarak şu açıklamayı yaptı:Buradaki fikir, insanların hiper Blockchain’ler konuşlandırmaları için bu kullanıma hazır araç setine sahip olmak. Ayrıyeten, bu irtibatlı müsaadesiz sistemlere sahip olduğumuz, geleceğin paha interneti olarak düşündüğümüz şeyi, Ethereum’u ölçeklendirmeye başlayabileceğiniz bu ağı inşa edebilmek.Yeni kitler ile airdrop beklentisi artıyorZK Stack ile Matter Labs, kriptonun açık ethosuna uygun olarak teknolojisine erişimi demokratikleştirmeye çalışan Ethereum rollup takımları ortasında Optimism ve Arbitrum’a katılıyor. Anthony Rose, “Bunun için motivasyon ticari değil. Sistemin vizyonu her vakit pek çok katkı sağlayıcıdan biri olmamız oldu,” diyor. Lakin bu atılım, ticari bir mercekten bakıldığında, Matter Labs’in zkSync Era ekosistemine daha fazla geliştirici çekmesine yardımcı olmanın bir yolu olarak görülebilir.Bu ortada, ZK-Rollup teknolojisini kullanan proje, süratle gelişim gösteriyor. zkSync’in TVL’si şu anda 625 milyon dolara ulaşmış durumda. TVL ölçüsü, ağın etkin kullanım durumu yansıtıyor. Bu da yeni kitler ile airdrop beklentisini destekliyor.ZkSync Optimism’e karşı: ZK-Proof yarışı kızışıyorZkSync ve Optimism, optimistic-rollup teknolojisini kullanan Katman-2 ölçeklendirme tahlilleri. Her ikisi de Ethereum için süreç hacmini artırmayı ve fiyatları azaltmayı amaçlıyor. Bununla birlikte, ikisi ortasında onları birbirinden ayıran kimi farklılıklar var. Temel farklardan biri dolandırıcılık ispatlarına yaklaşımları. Optimism, sistemin inançlı kalmasını sağlamak için esasen rollup’lara gönderilen datalara meydan okuma olan sahtekarlık delillerini kullanıyor. Bununla birlikte, sahtekarlık ispatları kıymetli ölçüde hesaplama gerektiriyor. Ayrıyeten, kullanıcılar için daha uzun bekleme müddetlerine yol açıyor.Buna karşılık ZkSync, rollup’lara gönderilen bilgilerin geçerliliğini sağlamak için zero-knowledge delilleri kullanıyor. Bu da daha süratli süreç müddetleri ve daha düşük fiyatlar sağlıyor. ZkSync’in zk-proof kullanması, Optimism’in şu anda sunmadığı kapalılığı koruyan süreçleri desteklemesine de imkan tanıyor.İkisi ortasındaki bir başka fark ise Ethereum ağı ile birlikte çalışabilmeleri. Optimism, kullanıcıların fonlarının toparlanmadan çekilmesi için bir hafta beklemelerini gerektiriyor. Lakin, ZkSync para çekme süreçlerinin anında yapılmasına müsaade veriyor. Bu da ZkSync’i trade üzere neredeyse anında likidite gerektiren durumlar için daha uygun hale getiriyor. Benimsenme açısından bakıldığında, her iki platform da ilgi görüyor. ZkSync’i Gitcoin, Loopring ve Immutable X üzere birçok ünlü proje kullanıyor. Optimism’i ise Uniswap, Synthetix ve başka tanınan DeFi protokolleri benimsemiş durumda.
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▶️Important Reminder All Users Airdrops : GRVT Exchange Phase 0
🎁Reward : 10 Point ~ For All Users ( Get GRVT Tokens After Launch ) Confirmed Airdrop
💎GRVT is a Dydx-like hybrid exchange directly powered by ZkSync and invested in by MatterLabs.
➡️ Register: https://grvt.io/exchange/sign-up?ref=RVQJWJA
➡️ Enter Code : RVQJWJA ( + 10 Point )
🟢 Verify Email
🟢 Done
👑 Hybrid crypto exchange GRVT raised $7.1 million in funding at a $39 million valuation
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Senior Software Engineer
*No agencies or consultancies please! **Please note we can only accept UK and EU applicants, or applicants able to relocate to the UK without sponsorship at this time. About Us matterlab is a product and innovation lab of technology experts, software developers and designers dedicated to improving the built environment. We’re a company that bridge the gap between the worlds of computer…
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Annotated edition for Week in Ethereum News Feb 9
There’s too much going on in Ethereum for Substack!
This edition was so massive that I found out that Substack (my email provider) has a character limit, because it started giving me warnings when I wasn’t even done. So to make space, I cut out some of the default language in the bottom sections that few people read. Probably should switch some of that language up anyway.
Link for standard version of Week in Ethereum News without my commentary.
Eth1
Latest core devs call. Beiko’s notes
EIP1962 generalized elliptic curve and pairing engine implementation in Go
Nethermind v1.6.1 – better tip of the chain tracking and reorg handling, JSON RPC bugfixes
Parity v2.7.2 and the next steps for Parity client maintenance under GPL3 (though reportedly most participants preferred a more permissive license)
Slockit’s Incubed ultralight client server setup wizard
On the core devs call, they’re going over what makes sense to include in the next fork. The second EIP1962 implementation is the link in here, important because it’s the alternative to the MatterLabs implementation for the generalized precompile.
Nethermind continues to improve with constant releases. Parity kicked off their “OpenEthereum” transition of the client to the community. Apparently the DAO idea is on the backburner - if reports on Twitter are to be believed, they would have held the majority of the tokens. That’s crazy, presumably the idea was that they’d be giving them out over time to the contributors. It would have been nice to have a better writeup somewhere
Headsup: at some point there is going to be (another) fight over ProgPoW. It’s an odd beast where both sides are convinced that they have already won - meaning that anger and disgruntled ragequits are almost guaranteed.
If you’re the sort of person who ragequits because you didn’t get your way, then there’s a reason why forks of Ethereum exist.
Eth2
Danny Ryan’s quick eth2 update – it’s optimization time
What’s New in Eth2
Latest eth2 call. Notes from Mamy and Ben.
Jim McDonald: defining eth2 network metrics
A look at Rocketpool’s GUI
Nimbus’ first mobile testnet on Android. Plus part 2 of building Nimbus on Android.
Eth2 research team ask me anything on Reddit
Rocketpool is currently the 3rd most clicked of this week’s issue. I’ve been of the opinion that CLI is fine for staking - most people who are willing to stake their ETH at the start can handle a CLI, I think. Rocketpool is conservatively estimating to go live in Q4 - I imagine that the staking rewards will be substantially higher in q3 pre-rocketpool, and then will go down again around q1 2021 when exchanges/custody services start staking for their customers.
Nimbus mobile testnet is neat. The idea has always been that you can run a validator on a mobile phone. It’s happening!
Layer2
Batch Deposits for [op/zk] rollup / mixers / MACI
Matic explains advantages and limitations of Plasma and rollups
A relatively straightforward section this week.
Stuff for developers
Kendrick Tan’s practical guide to building zk dapps
Kimi Wu’s hands on your first zk dapp
OpenZeppelin contracts v2.5 – with CREATE2, enumerableset and big NFT gas savings
Remix v0.9.3 – you can now test the functionality of receive & fallback functions
ABDK adds a number converter to its online toolkit
ethers.js and Google’s Bigquery
Alethio adds API endpoints for Rinkeby, Kovan and Ropsten testnets, as well as webhooks
MythX, Quantstamp, Runtime Verification, Sooho, SmartDec and ConsenSys Diligence starting Ethereum Trust Alliance, a security rating system for deployed Eth code
Time travel queries using a subgraph from The Graph
Brownie now supports Vyper
Microsoft’s Azure Eth development kit is now generally available
A write up of the bug that Sam Sun found in three of Kyber’s bridge reserves
EthVigil’s interactive tutorials for devs new to Ethereum concepts
3Box Comments and Chatbox plugins now have emojis, likes, and votes
I like to highlight the zk stuff as it’s clearly the future.
Sam Sun just keeps finding bugs.
Checkout the EthVigil tutorials. They look pretty slick!
Though it’s still early days (the standard thing to say on every panel at every crypto conference), a sign of maturity is that things like Microsoft’s Eth dev kit being generally available isn’t an earth shattering headline anymore. Everyone now knows that all the world’s biggest companies are experimenting with this technology, almost always on Ethereum, yet they’re also often quiet about it.
It’s usually safe to just replace “blockchain” with “Ethereum” in most MSM headlines.
Ecosystem
Why ENS uses Ethereum and not a new basechain. (Also: ENS’ registry migration is complete)
How Whisper-fork Waku does DNS based discovery
ConsenSys lays off 14% as part of strategic transformation
Matt Leising says he knows who the DAO hacker is
SHPLONK, an explainer of last week’s paper from Boneh, Drake, Fisch, and Gabizon
Matt Leising has identified...the best way to sell a book by claiming that he has identified the DAO hacker. He’s been teasing it for a bit. I sure hope this holds up better than the Newsweek “scoop” identifying Dorian Nakamoto as Satoshi. After it was clearly debunked, the Newsweek authors kept claiming that their “forensic analysis” was correct. Embarrassing. Let’s see the evidence.
The zk naming schemes are great. Zero knowledge is one of those things that is exploding because of blockchain.
ConsenSys had a round of layoffs this week, though as you see below, it also acquired a municipal bond broker-dealer. Coverage was actually reasonable - it’s another sign that perhaps this industry is (sometimes) growing up a bit.
Enterprise
ConsenSys acquires Heritage Financial Systems, a municipal bond broker-dealer, to tokenize them on Codefi
Governance and standards
Two articles on DigixDAO dissolution: as an example of DAOs working (though just 58 addresses voted out of 11,000+) and Coinfund looks at the Digix voting power
Why ragequit is game changing
Live on mainnet
Colony is in public beta live on mainnet
First 10,000 zkDai is on Aztec
Mattereum’s asset passports are live on mainnet
District0x’s District Registry is live on mainnet, a TCR for its community
Coronavirus whistleblower Dr. Li Wenliang is memorialized on mainnet
AirSwap Delegates is live on mainnet. Configure automated trading rules, onchain limit orders, liquidity integration with Kyber, and ability to add new tokens
I love the idea of Colony and want to get a chance to test it.
I had to break up the app layer section this week because there were just too many things. Obviously a DeFi heavy list, and many of the things in the next “application layer” section are also on mainnet. Things are shipping! The distinction between the two sections was a bit arbitrary, as is always the case.
Application layer
DeFi hit $1 billion USD equivalent locked up
Maker Dai Stability Fee 8%; DSR 7.5%
Data viz on Maker’s Sai to Dai migration success
A spreadsheet of admin keys in DeFi
Etherisc’s flight insurance app returns on Rinkeby testnet using Chainlink
Idle Finance v2 (an autobalancer similar to Staked’s RAY)
Collateral Swap – swap between Maker collateral (eg, ETH<>BAT) with Aave + Uniswap
List of DeFiZaps – one click to do a bunch of DeFi actions
Gelato, a no code bot to automate your Ethereum tasks. Tutorial
Gauntlet’s analysis of why Uniswap is a good oracle
Credentify, an API to issue standard European education credentials stacked into ECTS
Circles’s universal basic income is live on Kovan testnet
Maple Loans undercollateralized loans through communities with the option to slice up the risk CDO-style
Zero Collateral loans with cDai, live on mainnet (but unaudited alpha software)
Dharma’s dtokens – wrappers around Compound tokens, a la rDai, but for services to take profits. In this case, 10% of interest to Dharma
DeFi hitting $1b USD is definitely the story of the week. Of course there are criticisms you can make (it’s risky, the risks are cascading, there will likely be some kind of crisis at some point, oracles are centralized, etc etc) but as Josh Stark and I wrote in our Year in Ethereum 2019 piece, DeFi is an alternative financial system and in many ways a remarkably better one. Way less paperwork, much less settlement times, better transparency, not to count the various improvements on censorship-resistance, trustlessness, permissionlessness, etc.
I liked Avichal’s tweet:
Imagine a Fintech startup tweeted: "We launched two years ago. Today we have $1 Billion in collateral and have given out a cumulative of $1B in loans!" Every VC in the world would want to know what the hell the startup does and how it works. 2020 is going to be wild for crypto. pic.twitter.com/yb8gfISSoX
— Avichal Garg (Electric Capital) ⚡ (@avichal)
February 7, 2020
One thing we linked in the Year in Eth piece was a story about a Turkish football star who is now driving for Uber because Erdogan froze his bank accounts in Turkey. I take the story with a small grain of salt, but it’s a reminder than any wealth you save is...sometimes not really yours if it resides in a bank.
Unsecured/undercollateralized loans is definitely becoming an area of experimentation, with multiple projects on Ethereum.
Tokens/Business/Regulation
Hester Peirce speech proposing an SEC safe harbor for tokens
Op-ed: America falling behind the world in blockchain
Viewing GDPR from a blockchain lens
6 central banks to talk digital currency in April
Ethereum needs more entrepreneurs and product people just as much as more devs
Are stablecoins parasites on ETH?
Why ETH will sustain a monetary premium
The SEC should have figured out some kind of safe harbor in 2016, and then we wouldn’t have had the mania and fraud and misallocation of capital that occurred in 2017 that set the space back. But still, better late than never - though certainly some things have happened outside of the US because of the SEC. Decentralization in action!
Kames’s article calling for more entrepreneurs is an interesting one. Is more devs the bottleneck or is it better entrepreneurs?
I’ve never liked the “monetary premium” angle. What I do find amusing is how many Bitcoiners point to something written at the peak of BTC’s 2017 bubble where a legacy finance guy tries to get his friends to buy BTC (I hope they ignored him then!) and not ETH with the argument that ETH is intrinsically valuable, but BTC is not, therefore all the value will accrue to BTC.
Only in crypto, folks.
General
Dispelling Bitcoin maximalist myths about Ethereum
a visual introduction to Merkle trees
Accelerating powers-of-tau ceremonies with optimistic pipelining
How does cryptocurrency have value, part 2 of Maker’s intro series
It’s impressive how much fake news is created about Ethereum by Bitcoin maximalists. I’m convinced that a decent chunk of Bitcoin holders actually think that Ethereum runs on Infura, and another chunk think that an Eth full node needs 10 TB. A bunch of the crypto clickbait media feeds these falsehoods because they can get cheap clicks from Bitcoiners.
If you don’t know what a Merkle tree is, check out the intro.
See you next week. Somehow I’ll try to get an issue out in the midst of EthDenver.
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Matter Labs Saves $2M Funding for Ethereum Blockchain with Zero-knowledge Proofs | TheCryptoNetwork.Co #ethereumeth #ethereumblockchain #matterlabs #blockchain #bitcoin #cryptocurrency #crypto #blockchainnews #fintech #thecryptonetwork
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The @ADDDplus #datadrivendesign roundup 20200607
The @ADDDplus #datadrivendesign roundup 20200607 - with content via @3DRepo @MetropolisMag @archdaily @ukBIMalliance @adaptivesim @MATTERLAB #generativedesign #bim #ISO19650 #digital-fabrication
Welcome to the Association of Data-Driven Design roundup. Each week the aim is to share current information and news on Data-Driven Design practices within the construction industry on twitter and linked daily, and summarise in this post every two weeks.
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The @ADDDplus #datadrivendesign roundup 20200705
The @ADDDplus #datadrivendesign roundup 20200705 with stories via @therevitkid @ArchitectsJrnal @MATTERLAB @realOpenDesign #generativedesign #bim #revit #autodesk #digitalfabrication
Welcome to the Association of Data-Driven Design roundup. Every two weeks the aim is to share a summary of current information and news on Data-Driven Design practices within the construction industry. Daily updates are shared here; twitter handle is @adddplus and on instagram we are sharing here.
Please get in touch if you have any ideas, suggestions or have something to share.
Sign up to…
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