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Coincidentally, in the morning before the announcement of the eagerly awaited results of , I had the opportunity to sit down with a self-proclaimed “data nerd” and innovator in the space, . Through projects like , Carl works on programmatic mechanisms to fund public goods more sustainably. Known for his expertise in impact verification, a key theme of our conversation, his name is associated with projects like , , and . Let’s dive in. Optimism’s Retro PGF Round 3 Carl Cervone Open Source Observer Hypercerts Gitcoin Protocol Labs Carl, what are you working on these days? Right now, my main project is Open Source Observer—it’s the first we’re launching from a new company called Kariba Labs. We aim to find new ways to measure the impact of different open-source software contributions. Today, we have a pretty well-established infrastructure for funding public goods in the real world, which includes everything from taxes to donating to nonprofits or companies engaging in social responsibility. But as more public goods are moving online and are influenced by digital technology, there’s a need for new structures to fund the essential public goods that support our digital ecosystems. Naturally, one of the challenges is the decentralized nature of these public goods. They aren’t confined to any jurisdiction or municipality, and their contributors and users are global and diverse. So, how do we identify what impact looks like, how do we fund it, and how do we reward the people contributing the most to it? That’s the puzzle we’re trying to solve. So, what does the digital public goods funding space look like today? There’s a clear focus on public goods in the Ethereum ecosystem, covering everything from educational efforts to UX to more technically sophisticated parts of the core infrastructure stack. Interestingly, this desire spans across actors—individuals, with their own treasuries, even the leading Layer 2s like Optimism and Arbitrum, and of course Ethereum itself through the Ethereum Foundation. But even if extremely valuable, public goods don’t tend to have traditional revenue generation models. That’s why it’s necessary for the network to come up with different ways to fund these public goods and for the community to embrace these efforts by  saying: “We value these public goods, and we need to fund them well.” DAOs In practice, this means we have funding sources here and deserving projects there and a range of funding allocation mechanisms bridging the two. On one end of the spectrum, there are more traditional structures like RFPs and grant-making cycles, where a foundation might say, “We have a certain amount of money to give out; you can apply.” Then, a team reviews each project, decides if they like it, and if so, awards funding. On the other end of the spectrum are purely bottom-up, community-driven processes such as Gitcoin Grants. With Gitcoin, anyone can say, “We are a project; here’s our community, and we'd like to compete for some funding.” Every quarter, there are matching pools, and the amount of funding a project receives is determined by the number of votes it gets based on a specific formula. This approach has enabled hundreds, even thousands, of projects to receive funding every quarter. Many are small-scale, but some have grown from part-time projects to full-time employment for their teams. It's exciting because creating ways for people to work on public goods, especially those without traditional revenue models but that create immense value, addresses some of our biggest challenges. You essentially transform a role traditionally held by the government into a thriving, decentralized community. All of this ties in closely with impact verification, right? Exactly. And that’s why we need a three-sided marketplace. There are the funders, and then there are the projects. But for this to work, we need the third piece: the party that will measure which products have the most impact. Ideally, funders should be able to show that their investment has been impactful—that they’re getting some kind of positive ROI on the funds they’re giving out. Otherwise, they might just give the money away without considering who it goes to. Impact tracking has traditionally been dominated by experts and auditors who are really good at coming in and taking a proprietary approach to measuring a project’s success. While there are undeniable benefits to having subject matter experts, this approach doesn't completely align with our goal of decentralizing public goods funding. With digital public goods, we need a mix of grassroots, community-driven instruments complemented by expert insights to ensure impactful use of funds. So, there’s this fascinating landscape opening up where we could democratize access to impact measurement. One of the strategies is to increase data availability on projects and their impact. We can also expand surface areas for those participating to include users, open-source contributors, downstream developers, and so on. And it’s essential to simplify the process by having experts translate their guidance into frameworks that can be replicated or models for people to work and experiment with. So, we need to build out this measurement and analysis piece to achieve a functioning impact market. Otherwise, we’ll have top-notch funding mechanisms and funding pools, but there won’t be any impact to show for it. What are some ways to build up this measurement piece? Imagine the distribution of funding as a curve. One approach might be to allocate the same amount of money to each of the 100 projects. Alternatively, you could fund only the single best project. Between these extremes, there are various possible configurations. The initial step is deciding the desired distribution shape—how flat or skewed it should be. After establishing this, the next step involves combining data analysis with community input to assess projects and determine their impact. For open-source software, certain aspects are straightforward to identify using data. You can easily spot projects with little to no activity or those that only become active around funding announcements. Similarly, highly active and popular projects with diverse contributors can be quickly identified. These evaluations are important, though many systems don’t currently utilize this data effectively. The goal is to get there. The tricky part is dealing with the middle category, with significant variation among projects. A single metric or analysis method probably won't do; what's needed is to clearly define the specific impacts and measurement methods, followed by a thorough analysis of the data to figure out which projects are doing the best in their respective areas. This stage might also require the community's involvement or insights about these projects from well-informed people for the final evaluations. I imagine reviewing each project and its impact can overwhelm the everyday user. How can we make this better? That's precisely the issue we're addressing with Open Source Observer. The data is out there—accessible through Block Explorers, , and other platforms. However, having access doesn't necessarily mean it's straightforward to compile or format the data for every type of analysis needed. GitHub We focus on developing a simple, scalable system that facilitates this process—a platform where newcomers can easily navigate dashboards, search for projects, and make comparisons. For instance, before contributing to Gitcoin grants, you could quickly verify a project's activity and ongoing developments. We want users to see actual data: insights into how long a project has been active, its level of engagement, and the nature of its activities. Then there's another step for the “data nerds”, a pretty small community, who want to go deep into analyzing this stuff. We're working on a way for these folks to get the data they need in a format that lets them focus entirely on the analysis, not cleaning the data, importing it, or figuring out how to store it all. We aim to take care of these initial steps so they can get straight to the detailed analysis they're passionate about. Surely, data nerds produce invaluable insights for the broader community, too. Are there any incentives for this group? Yes, this is a big challenge we need to address: figuring out who the most curious and interested individuals are and how to transition their hobby into something that's potentially compensated or even a full-time job or organization. I'd like to see more experiments like Optimism RetroPGF taking root within communities. Then, perhaps every quarter, we could identify those who have made significant contributions or designed something really useful for others and offer them some funding as a reward. Speaking of compensating impact, Hypercerts comes to mind. You’re one of the key architects of the project; can you introduce it and talk about its journey? Absolutely! is a data layer for tracking various types of impact claims. When someone claims they've made a positive impact, this can be broken down into several dimensions: who did the work, when it was done, a description of the work, and the resulting event. Hypercerts introduces a way to give funders ownership over these claims. Hypercerts This “ownership right” could mean simply being able to boast about funding on social media, or it could translate into financial returns, access to exclusive events, or membership privileges. The idea is to incentivize early funding by offering future benefits, which could be monetary, recognition-based, or other forms of social clout. Hypercerts captures this data and uses an ERC-1155 token to denote ownership of these impact claims. Since launching a year ago, we've seen various interesting use cases emerge, from climate to journalism. It's still early, but we're eager to see how these initiatives develop. We anticipate that hypercerts will become a popular funding mechanism in certain communities, spurring a range of new experiments. The ownership of the protocol now resides with the Hypercerts Foundation, which oversees the protocol and the infrastructure for creating hypercerts, and a growing community is starting to use it. What’s been your favorite use case of hypercerts so far? That’s a tough one! One unexpected and exciting use case has been recognizing the various contributions to events. Think about the impact of attending a crypto conference—the networking, the ideas shared. It's more than just attending; it's about the venue, sponsors, speakers, and even the small things like food and coffee. Hypercerts can track these contributions, from sponsors to speakers. This even extends to tracking ticket sales and, eventually, identifying highly impactful events. Ideally, this could lead to a secondary market to purchase that impact, helping us understand which events truly made a difference and funneling more funding to those who made them successful. What would be your advice for builders who are relatively new to the public goods funding ecosystem and want to get more involved? For those starting out, initiatives like , which I recently co-launched with Kevin Owocki, can be a great entry point. The platform fosters a community passionate about regenerative economics, combining theoretical insights on mechanism design and public goods funding with practical, community-driven approaches. It's a place for learning, sharing, and applying these concepts. RegenLearnings Overall, navigating the transition from casual interest to full commitment in this ecosystem is a personal journey and varies for everyone. Some might be weaving this new interest into their busy work schedules, while others could be in between jobs, keen to dive deeper. The key is to ease into it, explore various facets, and find communities that resonate with you. I wouldn’t exactly recommend flipping your professional life upside down and turning all your assets into Ethereum overnight. In , in particular, the narrative develops fast, so start with smaller contributions and see where that takes you. Often, these small contributions can pave the way to something bigger and more significant. It requires a unique kind of initiative different from the usual 9-to-5 job structure. Think of it as a marathon, not a sprint: Focus on building your presence and value in a specific community over time. web3 Lastly, how can people connect with you, and what events will you be attending this year? You can check out or contact me on . This year, I’m looking forward to EthDenver and Devcon in Thailand. is another event I want to shill—there’ll be a few of them, but I’m most excited about the April one in San Francisco. I like that it seeks to bridge the gap between the blockchain and traditional software communities. After all, both share the same goal and have a lot of the same values, and I think there’s a lot of potential in bringing them together. some of my writing Twitter Funding the Commons

An Interview With Carl Cervone: On Open Source, Digital Public Goods Funding, and Impact Tracking

In 2022, crypto media have been overloaded with articles about hacks, scams, and other fraudulent incidents costing investors their money. Readers may even falsely believe that the risk of losing money due to scams is a distinctive feature of crypto assets and they have no other choice but agree with the current status quo. Generally, it is a false belief. Today, communities start playing a primary role in project development and influencing managerial decisions. The same applies to cybersecurity and the cooperation between ethical crypto communities and security auditors is an effective way for the industry to deal with scammers and fraudsters in crypto. To clearly see the power of ethical communities in crypto, let’s consider the following 2 cases - The Ugly and The Good (one of them is the real incident). Case 1. The Ugly: Warnings are not enough and Scammers are not afraid of luring users. In November 2022, the owners of Safuu Protocol made a rug pull worth $6M. However, this incident was not a surprise for the crypto community and the sum of losses would have been much greater without the involvement of the ethical crypto community. Far before the incident took place, CoinCodeCap published revealing the suspicious nature of the Safuu Protocol. The article contained the investigation carried out by Certik Alert revealing that the project owner could swap all $SAFUU in this contract for BNB and move these assets to the treasury address. The shocking fact was that the owner could, at any time, change the liquidity receiver, treasury receiver, and $SAFUU insurance fund receiver addresses. As such, the owner had almost complete control over the token supply. Also, the team used to have previous affiliations with high-risk projects such as Clever DeFi and Tagz Exchange. As a result, Certik $SAFUU Protocol due to high-risk indicators. an article delisted Prior to Certik’s alert, there was a warning investigation about $SAFUU conducted by independent researcher HackLaddy and on Medium on 11 March 2022 (rug pull took place only 8 months later!). The specialists analyzed $SAFUU’s crazy yield scheme offering users >383,000% fixed APY. At the same time, SAFUU imposed both buy and sell trading fees of 14% and 16% respectively thereby affecting users’ readiness to sell their assets. Even with such high taxes, there was not enough capital to cover the crazy APY while keeping token prices at a high level. SAFUU’s mechanism had no other final destination than reaching 0 price level. published If this shocking investigation had been open to the public long before the rug pull took place, then how did scammers steal such a great amount of money? The answer is hidden in the figures, namely, audience figures. The Certik Alert resource is followed by just while the CoinCodeCap has an even smaller audience of around . HackLaddy had only . 27K users 4K users 545 followers As we can see, even the numerous investigations conducted by the ethical crypto community have not forced SAFUU’s team to follow an ethical path. The team was not afraid of becoming engaged in a rug pull which was probably their primary objective. The power of the ethical crypto community, in this case, was not big enough to protect users from losing $6M. How could the crypto community prevent the incident? First of all, the media coverage of these investigations was not broad enough to reach the majority of SAFUU’s investors. Second, the findings were not integrated into any popular crypto-scoring databases. As a result, $SAFUU was an obvious scam but almost no one knew about it. Case 2. The Good: public goods communities as effective contributors to crypto security Now imagine the opposite situation (not a real story). There is a project, let’s call it, CrypSecCool. This project is led by young leaders. They have developed a breakthrough concept integrating attractive profit-making features for users. The project’s co-founder John and two of his teammates have some expertise in crypto and have written, as they suggest, working tokenomics. Before launching their product, the team shares its details and underlying tokenomics with the community as well as invites independent researchers to look for possible issues. In a few days the team gets the following feedback from a group of ethical researchers called MakeCryptoSafe bros: the proposed farming APY of 40% is too high and may lead to token price depreciation under the current token supply scheme. The team should consider lowering farming APY to <30%; the 15-months lock-up period for early investors should be modified by setting different distribution schedules ranging between 9 and 18 months for investors depending on the volume of investments. The higher the volume of invested assets, the longer the lock-up period. As a result, the project would prevent a too large token volume accumulation thereby limiting possible selling pressure; The founder of the partner project has been previously involved in a few rug pulls. This fact may heavily affect the reputation of the project and, thus, CryptoSecCool should consider terminating cooperation with this suspicious initiative. The team has reviewed and agreed with the received feedback. The introduction of proposed changes has allowed the project to prevent serious critics from the side of external experts and competitors. As we can see from case #2, cooperation with a public goods crypto security community is highly beneficial for projects and leads to the resolution of major issues affecting new and growing projects. Good public communities vs crypto bad guys The ongoing crypto winter has marked the clear divide between healthy and ugly crypto worlds. On the one hand, we have product-oriented communities for whom the future of technology lies in Web 3.0. At the same time, there are a myriad of bad groups for whom speculative profits are much more important compared to industry growth. Today cybersec projects, let’s call them sheriffs, cannot defeat all these bad guys without industry support. And there is no doubt that the powerful support will come from the public goods communities, the groups uniting crypto and security enthusiasts who believe in the future of Web 3.0 and would like to stand at the forefront of revolutionary security changes. The real power of public goods communities Apart from information gathering, the other big role of public goods communities is active dissemination of findings with a broad crypto audience. Researches have no value unless they reach end users. By drawing industry attention to bad guys, public goods communities will leave them no other choice but to leave the market. Will public goods communities be able to cover the whole crypto industry? Yes, they should and they can do it. For example, the cryptocurrency security rating covers more than 1,500 digital assets. And the input data for this rating were collected by the Hacken community of cybersecurity enthusiasts. The speed of data collection and high quality of findings have revealed the value of the use of public goods communities for cybersecurity. And, when coordinated by seasoned industry players, these communities can turn previously unbelievable industry ideas into reality. That is why the Hacken community is now undergoing an ambitious transformation – it is becoming the public goods community building Web 3.0 trust with its army – the . CER 2.0 TRUST ARMY Public goods communities will have enough power to shape the future of crypto security and as such, they should focus on educating users about the foundations of crypto security. As a result, stories like case #2 will become mainstream in crypto. And we can leave ugly cases like case #1 in the past. Conclusion Crypto projects should prioritize building strong ties with ethical communities. In return, auditors should strive to act as coordinators for these big armies of researchers. The findings made by public goods security communities will make crypto free of shocking scam cases affecting thousands of users worldwide. Disclaimer: the author may have worked or been working with mentioned ﻿companies and/or advised them in the past.

The Good and Ugly Sides of Crypto: What Is the Role of Public Goods Communities?

**SINGAPORE, SIngapore, June 6th, 2024/Chainwire/--**Dora Factory, the pioneering infrastructure of decentralized governance technology and public good funding, announces the gas fee airdrop of its native token, $DORA, to all ATOM stakers on June 5, 2024. Over one million addresses are eligible to receive $DORA token, with the airdrop campaign inviting the Cosmos community to participate in the governance of its democratic public goods funding program, the ATOM Economic Zone Quadratic Funding, on DoraHacks.io. With 1.04 million addresses whitelisted, the privacy voting round implemented by the Dora team will be the largest MACI (Minimum Anti Collusion Infrastructure) voting round ever. 1.04 Million ATOM Stakers Are Eligible For The Airdrop On June 5, all ATOM stakers have received $DORA tokens in their wallets. $DORA is the native token of Dora Vota, a decentralized governance application chain developed by the Dora Factory using the Cosmos SDK. This airdrop is one of the largest in history. With over one million addresses, Dora Factory aims to mobilize the Cosmos community, known for its passion for decentralized governance, to participate in a crucial public goods governance experiment for the community. Empowering Community With AEZ Funding And MACI Voting After receiving the airdrop, Cosmos communities can participate in the ATOM Economic Zone (AEZ) quadratic funding initiative jointly launched by DoraHacks, Dora Factory, and ATOM Accelerator DAO. They can use ATOM to vote for and donate to public goods teams they value, support early-stage developers, and determine the distribution of an 80,000 ATOM and $200,000 USDC matching pool across 10 rounds of AEZ Quadratic Funding and MACI voting. The smart contracts for this quadratic voting round are deployed on the Dora Vota network, and the community can use $DORA to cover gas fees. This campaign goes beyond merely distributing the reward pool to early-stage projects and essential public goods in AEZ in the first round; it is a democratic governance experiment designed to mobilize community power in supporting public goods and promising early-stage developers. The quadratic funding mechanism ensures that even small donations from community members have a substantial impact. MACI Voting With Enshrined Privacy Dora Factory invites community members to participate in MACI (Minimal Anti-Collusion Infrastructure) privacy voting, distributing a $20,000 USDC prize pool to selected teams. Unlike traditional quadratic voting, this method allows voters to express their opinions on public goods without revealing their identity (address). Addresses with more ATOM staked will receive more Voice Credits (voting power). Through MACI voting, Dora Factory aims to introduce cutting-edge privacy-enabled voting technology to the Cosmos community. This initiative marks the beginning of integrating secure, private, and anti-collusion technologies into a wider range of governance use cases in the future. Dora Factory's Dedication To ensure every community member can participate in MACI voting without concerns, Dora Factory will implement Dora Vota's native Gas Station feature to cover all voting fees for the MACI voting round. This fee subsidy represents Dora Factory's commitment to the community outlined in Cosmos Governance Proposal 917. A Historical Community Governance Ceremony With the quadratic funding module now natively implemented on Dora Vota for the Cosmos Hub, Cosmos has the potential to become one of the largest on-chain communities that supports public goods. The first round of the two-year quadratic funding plan for the ATOM Economic Zone commencing in June 2024 has attracted numerous outstanding projects and awaits the attention and support of community members. The Largest Privacy-Preserving Governance Experiment MACI implementation is a groundbreaking step for the Cosmos community, as its first privacy voting attempt. Dora Factory has whitelisted over 1 million addresses, setting a new record for the largest whitelist, and marking the largest voting experiment in MACI's history. The Dora Factory team is excited to invite the Cosmos community to create a historic moment collectively. About Dora Factory Dora Factory is at the forefront of decentralized governance protocol stacks, providing governance and long-term incentives for the global hacker movement, open-source communities, and decentralized organizations through Public Good Staking and Dora Vota. The platform has pioneered the development of public good staking infrastructure, revolutionizing the way developers are funded long-term in the PoS ecosystem. Additionally, Dora Vota offers a comprehensive decentralized governance platform, enabling users to create programmable governance mechanisms such as MACI and quadratic voting through its open platform. This reduces the cost of decentralized governance, laying a solid foundation for its widespread adoption. To better understand and try the products of Dora Factory, users can visit DoraFactory.org. Users can visit Dora Research Blog for more details: research.dorahacks.io Contact Contributor Chris Lee Dora Factory winniedrinkwater@gmail.com This story was distributed as a release by Chainwire under HackerNoon’s Business Blogging Program. Learn more about the program here. **SINGAPORE, SIngapore, June 6th, 2024/Chainwire/--**Dora Factory, the pioneering infrastructure of decentralized governance technology and public good funding, announces the gas fee airdrop of its native token, $DORA, to all ATOM stakers on June 5, 2024. Over one million addresses are eligible to receive $DORA token, with the airdrop campaign inviting the Cosmos community to participate in the governance of its democratic public goods funding program, the ATOM Economic Zone Quadratic Funding, on DoraHacks.io. With 1.04 million addresses whitelisted, the privacy voting round implemented by the Dora team will be the largest MACI (Minimum Anti Collusion Infrastructure) voting round ever. 1.04 Million ATOM Stakers Are Eligible For The Airdrop On June 5, all ATOM stakers have received $DORA tokens in their wallets. $DORA is the native token of Dora Vota, a decentralized governance application chain developed by the Dora Factory using the Cosmos SDK. This airdrop is one of the largest in history. With over one million addresses, Dora Factory aims to mobilize the Cosmos community, known for its passion for decentralized governance, to participate in a crucial public goods governance experiment for the community. Empowering Community With AEZ Funding And MACI Voting After receiving the airdrop, Cosmos communities can participate in the ATOM Economic Zone (AEZ) quadratic funding initiative jointly launched by DoraHacks , Dora Factory, and ATOM Accelerator DAO . DoraHacks DoraHacks ATOM Accelerator DAO ATOM Accelerator DAO They can use ATOM to vote for and donate to public goods teams they value, support early-stage developers, and determine the distribution of an 80,000 ATOM and $200,000 USDC matching pool across 10 rounds of AEZ Quadratic Funding and MACI voting. The smart contracts for this quadratic voting round are deployed on the Dora Vota network, and the community can use $DORA to cover gas fees. This campaign goes beyond merely distributing the reward pool to early-stage projects and essential public goods in AEZ in the first round; it is a democratic governance experiment designed to mobilize community power in supporting public goods and promising early-stage developers. The quadratic funding mechanism ensures that even small donations from community members have a substantial impact. MACI Voting With Enshrined Privacy Dora Factory invites community members to participate in MACI (Minimal Anti-Collusion Infrastructure) privacy voting, distributing a $20,000 USDC prize pool to selected teams. Unlike traditional quadratic voting, this method allows voters to express their opinions on public goods without revealing their identity (address). Addresses with more ATOM staked will receive more Voice Credits (voting power). Through MACI voting, Dora Factory aims to introduce cutting-edge privacy-enabled voting technology to the Cosmos community. This initiative marks the beginning of integrating secure, private, and anti-collusion technologies into a wider range of governance use cases in the future. Dora Factory's Dedication To ensure every community member can participate in MACI voting without concerns, Dora Factory will implement Dora Vota's native Gas Station feature to cover all voting fees for the MACI voting round. This fee subsidy represents Dora Factory's commitment to the community outlined in Cosmos Governance Proposal 917 . Cosmos Governance Proposal 917 Cosmos Governance Proposal 917 A Historical Community Governance Ceremony With the quadratic funding module now natively implemented on Dora Vota for the Cosmos Hub, Cosmos has the potential to become one of the largest on-chain communities that supports public goods. The first round of the two-year quadratic funding plan for the ATOM Economic Zone commencing in June 2024 has attracted numerous outstanding projects and awaits the attention and support of community members. The Largest Privacy-Preserving Governance Experiment MACI implementation is a groundbreaking step for the Cosmos community, as its first privacy voting attempt. Dora Factory has whitelisted over 1 million addresses, setting a new record for the largest whitelist, and marking the largest voting experiment in MACI's history. The Dora Factory team is excited to invite the Cosmos community to create a historic moment collectively. About Dora Factory Dora Factory is at the forefront of decentralized governance protocol stacks, providing governance and long-term incentives for the global hacker movement, open-source communities, and decentralized organizations through Public Good Staking and Dora Vota. Dora Factory Dora Factory The platform has pioneered the development of public good staking infrastructure, revolutionizing the way developers are funded long-term in the PoS ecosystem. Additionally, Dora Vota offers a comprehensive decentralized governance platform, enabling users to create programmable governance mechanisms such as MACI and quadratic voting through its open platform. This reduces the cost of decentralized governance, laying a solid foundation for its widespread adoption. To better understand and try the products of Dora Factory, users can visit DoraFactory.org . DoraFactory.org DoraFactory.org Users can visit Dora Research Blog for more details: research.dorahacks.io research.dorahacks.io research.dorahacks.io Contact Contributor Chris Lee Dora Factory winniedrinkwater@gmail.com This story was distributed as a release by Chainwire under HackerNoon’s Business Blogging Program. Learn more about the program here. This story was distributed as a release by Chainwire under HackerNoon’s Business Blogging Program. Learn more about the program here . here here

Dora Factory Announces $DORA Airdrop To Over 1 Million ATOM Stakers In Largest MACI Voting Round

Crypto Networks Can Overcome Obstacles Open-Source Projects Face, Drips Founder Says

ক্রিপ্টো নেটওয়ার্কগুলি ওপেন-সোর্স প্রকল্পগুলির মুখোমুখি বাধাগুলি অতিক্রম করতে পারে, ড্রিপস প্রতিষ্ঠাতা বলেছেন

Krypto-Netzwerke können Hindernisse überwinden, mit denen Open-Source-Projekte konfrontiert sind, sagt Drips-Gründer

Las redes criptográficas pueden superar los obstáculos que enfrentan los proyectos de código abierto, dice el fundador de Drips

Les réseaux cryptographiques peuvent surmonter les obstacles auxquels sont confrontés les projets open source, déclare le fondateur de Drips

ड्रिप्स के संस्थापक का कहना है कि क्रिप्टो नेटवर्क ओपन-सोर्स प्रोजेक्ट्स के सामने आने वाली बाधाओं को दूर कर सकते हैं

暗号ネットワークはオープンソースプロジェクトが直面する障害を克服できるとDripsの創設者が語る

Drips 창립자는 암호화폐 네트워크가 오픈 소스 프로젝트가 직면한 장애물을 극복할 수 있다고 말합니다.

Redes criptográficas podem superar obstáculos enfrentados por projetos de código aberto, afirma o fundador do Drips

Криптосети могут преодолеть препятствия, с которыми сталкиваются проекты с открытым исходным кодом, говорит основатель Drips

Drips Kurucusu, Kripto Ağlarının Açık Kaynak Projelerinin Karşılaştığı Engelleri Aşabileceğini Söyledi

Người sáng lập Drips cho biết mạng tiền điện tử có thể vượt qua những trở ngại mà các dự án nguồn mở phải đối mặt

Drips 创始人称加密网络可以克服开源项目面临的障碍

**SINGAPORE, Singapore, May 23rd, 2024/Chainwire/--**Dora Factory, the leading decentralized governance infrastructure, announced the closing of another $10 million strategic raise. Nomad Capital, No Limit Holdings, Sky9 Capital, Singapore’s UOB-Signum Blockchain Fund, Interop Ventures, Cai Wensheng’s Longling Capital, and nine other renowned institutional investors joined the round. The raise will accelerate the adoption and strategic expansion of Dora Factory’s decentralized governance and public goods funding tech stack. Dora Factory is a leading infrastructure focused on decentralized governance and public goods technology. Its core products include the flagship Public Good Staking infrastructure, which enables block incentive driven ecosystem funding; Dora Vota, a Cosmos SDK appchain hosting dGov protocols; anonymous MACI and general MACI, the privacy-preserving, collusion-resistant zk voting infrastructure, and the multi-chain Quadratic Governance protocol stack, the on-chain mechanism that democratizes public goods funding. Last week, the Cosmos Hub community approved governance proposal No.917 and a $1 million grant to AEZ Quadratic Grant to run ten rounds of Quadratic Funding in the next 24 months via Dora Factory’s Voting appchain, Dora Vota. All of the funding will be distributed to public good builders and start-ups in the Cosmos Hub and related ecosystems building a prosperous ATOM Economic Zone. Earlier this year, Dora Factory announced its first strategic round led by dao5, a new venture capital firm founded by former Polychain General Partner Tekin Salimi, and Whampoa Digital, co-founded by Amy Lee, a former senior partner at Lee & Lee, a Singapore law firm started by Lee Kim Yew and Singapore's first prime minister, Lee Kuan Yew and his wife. Prior to this, Dora Factory had raised a total of $17.5 million in 2021, with investors including Binance Labs, HashKey, and The LAO. "Building leading public goods funding and governance infrastructure is a critical step for the Dora team to advance the global hacker movement and drive frontier tech innovation," said Eric Zhang, Architect of Dora Factory. "We are humbled to receive much support from our ecosystem partners and the Web3 community. In fact, decentralized governance has a deep and interesting tech stack, and we are still at a very early stage. There are a lot of exciting developments ahead. The work from Dora Factory during the past three years has laid a solid foundation for them." Since its founding in 2020, Dora Factory has dedicated itself to the research and development of decentralized governance infrastructure and applications. Over 2,000 startups have secured $20 million in grants on-chain with Dora Factory’s infrastructure. Over 30 Web3 ecosystems, including Aptos, Celestia, Injective, Klaytn, and Akash, have worked closely with Dora Factory as their core ecosystem partner and adopted Dora Factory’s protocol stacks. Through Public Good Staking, an innovative initiative created by the Dora Factory team in 2022, they have provided long-term, block-native, sustainable funding support to public goods builders and early-stage developer teams. "The assets under governance for on-chain communities has grown to a hundred-billion dollar scale. Now is the golden era for governance technology," said Erick Zhang, Partner of Nomad Capital. "Dora Factory has become the industry's cornerstone public goods infrastructure after four years of dedicated development and iteration. We are thrilled to support the Dora team in their mission to empower developers, foster innovation in the Web3 space, and expand the adoption of new technologies, including aMACI, through this investment." "Dora Factory’s development of Dora Vota and anonymous privacy voting technology demonstrates their leadership in Web3 governance and public good funding. This is a crucial piece of blockchain’s value proposition, and we recognize their impact with millions of votes cast and over 2000 projects receiving funding via QF. Our investment is a first step in continuing to support their effort.” said Gin Chao, Founding Partner of No Limit Holdings. "With support from new investors, we are excited to grow the Dora Factory ecosystem further. Our plans include innovations in multi-chain quadratic funding and Public Good Staking, encouraging developers to expand the use cases of anonymous MACI, and building new governance apps on Dora Vota. Our goal is to deliver a suite of products that provide an exceptional experience for on-chain communities and teams working on frontier technologies," commented Steve Ngok, core contributor to Dora Factory. About Dora Factory Dora Factory builds protocols and infrastructures to enable decentralized governance and efficient funding for the global hacker movement, open-source communities, and Web3 public goods. Dora Factory's flagship Public Good Staking is one of the fastest-growing multi-chain staking infrastructures, providing block-native incentives to grow the next generation of blockchains. Dora Vota is a special-purpose blockchain for decentralized governance, supporting general MACI interface, anonymous MACI, and quadratic governance rounds. To use Dora Factory products, go to DoraFactory.org. For more information, visit research.dorahacks.io Contact Community contributor Chris Lee Dora Factory winniedrinkwater@gmail.com This story was distributed as a release by Chainwire under HackerNoon’s Business Blogging Program. Learn more about the program here. **SINGAPORE, Singapore, May 23rd, 2024/Chainwire/--**Dora Factory, the leading decentralized governance infrastructure, announced the closing of another $10 million strategic raise. Nomad Capital, No Limit Holdings, Sky9 Capital, Singapore’s UOB-Signum Blockchain Fund, Interop Ventures, Cai Wensheng’s Longling Capital, and nine other renowned institutional investors joined the round. The raise will accelerate the adoption and strategic expansion of Dora Factory’s decentralized governance and public goods funding tech stack. Dora Factory is a leading infrastructure focused on decentralized governance and public goods technology. Its core products include the flagship Public Good Staking infrastructure, which enables block incentive driven ecosystem funding; Dora Vota, a Cosmos SDK appchain hosting dGov protocols; anonymous MACI and general MACI, the privacy-preserving, collusion-resistant zk voting infrastructure, and the multi-chain Quadratic Governance protocol stack, the on-chain mechanism that democratizes public goods funding. Last week, the Cosmos Hub community approved governance proposal No.917 and a $1 million grant to AEZ Quadratic Grant to run ten rounds of Quadratic Funding in the next 24 months via Dora Factory’s Voting appchain, Dora Vota. All of the funding will be distributed to public good builders and start-ups in the Cosmos Hub and related ecosystems building a prosperous ATOM Economic Zone. governance proposal No.917 governance proposal No.917 AEZ Quadratic Grant AEZ Quadratic Grant Earlier this year, Dora Factory announced its first strategic round led by dao5, a new venture capital firm founded by former Polychain General Partner Tekin Salimi, and Whampoa Digital , co-founded by Amy Lee, a former senior partner at Lee & Lee, a Singapore law firm started by Lee Kim Yew and Singapore's first prime minister, Lee Kuan Yew and his wife. Prior to this, Dora Factory had raised a total of $17.5 million in 2021, with investors including Binance Labs, HashKey, and The LAO. Whampoa Digital Whampoa Digital "Building leading public goods funding and governance infrastructure is a critical step for the Dora team to advance the global hacker movement and drive frontier tech innovation," said Eric Zhang, Architect of Dora Factory. "Building leading public goods funding and governance infrastructure is a critical step for the Dora team to advance the global hacker movement and drive frontier tech innovation," said Eric Zhang, Architect of Dora Factory. "We are humbled to receive much support from our ecosystem partners and the Web3 community. In fact, decentralized governance has a deep and interesting tech stack, and we are still at a very early stage. There are a lot of exciting developments ahead. The work from Dora Factory during the past three years has laid a solid foundation for them." "We are humbled to receive much support from our ecosystem partners and the Web3 community. In fact, decentralized governance has a deep and interesting tech stack, and we are still at a very early stage. There are a lot of exciting developments ahead. The work from Dora Factory during the past three years has laid a solid foundation for them." Since its founding in 2020, Dora Factory has dedicated itself to the research and development of decentralized governance infrastructure and applications. Over 2,000 startups have secured $20 million in grants on-chain with Dora Factory’s infrastructure. Over 30 Web3 ecosystems, including Aptos, Celestia, Injective, Klaytn, and Akash, have worked closely with Dora Factory as their core ecosystem partner and adopted Dora Factory’s protocol stacks. Through Public Good Staking, an innovative initiative created by the Dora Factory team in 2022, they have provided long-term, block-native, sustainable funding support to public goods builders and early-stage developer teams. "The assets under governance for on-chain communities has grown to a hundred-billion dollar scale. Now is the golden era for governance technology," said Erick Zhang, Partner of Nomad Capital. "The assets under governance for on-chain communities has grown to a hundred-billion dollar scale. Now is the golden era for governance technology," said Erick Zhang, Partner of Nomad Capital. "Dora Factory has become the industry's cornerstone public goods infrastructure after four years of dedicated development and iteration. We are thrilled to support the Dora team in their mission to empower developers, foster innovation in the Web3 space, and expand the adoption of new technologies, including aMACI, through this investment." "Dora Factory has become the industry's cornerstone public goods infrastructure after four years of dedicated development and iteration. We are thrilled to support the Dora team in their mission to empower developers, foster innovation in the Web3 space, and expand the adoption of new technologies, including aMACI, through this investment." "Dora Factory’s development of Dora Vota and anonymous privacy voting technology demonstrates their leadership in Web3 governance and public good funding. This is a crucial piece of blockchain’s value proposition, and we recognize their impact with millions of votes cast and over 2000 projects receiving funding via QF. Our investment is a first step in continuing to support their effort.” said Gin Chao, Founding Partner of No Limit Holdings. "Dora Factory’s development of Dora Vota and anonymous privacy voting technology demonstrates their leadership in Web3 governance and public good funding. This is a crucial piece of blockchain’s value proposition, and we recognize their impact with millions of votes cast and over 2000 projects receiving funding via QF. Our investment is a first step in continuing to support their effort.” said Gin Chao, Founding Partner of No Limit Holdings. "With support from new investors, we are excited to grow the Dora Factory ecosystem further. Our plans include innovations in multi-chain quadratic funding and Public Good Staking, encouraging developers to expand the use cases of anonymous MACI, and building new governance apps on Dora Vota. Our goal is to deliver a suite of products that provide an exceptional experience for on-chain communities and teams working on frontier technologies," commented Steve Ngok, core contributor to Dora Factory. "With support from new investors, we are excited to grow the Dora Factory ecosystem further. Our plans include innovations in multi-chain quadratic funding and Public Good Staking, encouraging developers to expand the use cases of anonymous MACI, and building new governance apps on Dora Vota. Our goal is to deliver a suite of products that provide an exceptional experience for on-chain communities and teams working on frontier technologies," commented Steve Ngok, core contributor to Dora Factory. About Dora Factory Dora Factory builds protocols and infrastructures to enable decentralized governance and efficient funding for the global hacker movement, open-source communities, and Web3 public goods. Dora Factory's flagship Public Good Staking is one of the fastest-growing multi-chain staking infrastructures, providing block-native incentives to grow the next generation of blockchains. Dora Vota is a special-purpose blockchain for decentralized governance, supporting general MACI interface, anonymous MACI, and quadratic governance rounds. To use Dora Factory products, go to DoraFactory.org . For more information, visit research.dorahacks.io DoraFactory.org DoraFactory.org research.dorahacks.io research.dorahacks.io Contact Community contributor Chris Lee Dora Factory winniedrinkwater@gmail.com This story was distributed as a release by Chainwire under HackerNoon’s Business Blogging Program. Learn more about the program here. This story was distributed as a release by Chainwire under HackerNoon’s Business Blogging Program. Learn more about the program here . here here

Dora Factory Secures $10M In Strategic Funding

On Dextaxation

Logos to onboard supporters to its network state technology stack with Bitcoin Ordinals collection and record-breaking block inscription. Bitcoin showed the world that an exit from state-monopolised institutions is possible even in hostile environments, proving that ‘exit’ is an effective catalyst for change. The Logos technology stack is designed to extend Bitcoin’s properties to enable the deployment of other governing institutions while preserving privacy across the design. To demonstrate our commitment to our principles and mission, we have inscribed our manifesto on the Bitcoin blockchain. Bitcoin validated the cypherpunk dream and inspired Logos. It is fitting that it will safeguard our vision for generations to come. Symbolically, our Declaration of Independence in Cyberspace is inscribed on a Nakamoto satoshi that was created in 2009 in block 3,479. Our inscription occupies the largest block to date — 3.969430 MB. Our homage extends to a collection of Bitcoin ordinals for our supporters. The collection of inscriptions, called the Logos operators, will serve as an entry point to the ecosystem that will enable people to exit the existing internet system and legacy governance institutions. The Logos stack's building blocks are intended to be live by the end of the year, including the basic functionalities of the Nomos Layer 1 on testnet. The Logos Exit Operator will deliver more information about the operator inscriptions over the coming weeks and months. Those interested in shaping the coming sovereign virtual territory can start here: exit.logos.co. The Logos technology stack Building sovereign digital communities such as network states requires architecting a scalable infrastructure and its core components. This infrastructure consists of a base-layer stack of technologies, which engineers can build on top of, adjacently to, and around. The technology stack includes — but is not limited to — a blockchain or consensus layer, a communication layer, and decentralised file storage. This article provides a high-level overview of each layer and how it contributes to network state development. Before unpacking those pieces, everyone must understand the critical considerations of network state infrastructure, especially for the Logos stack. These considerations include political neutrality and public goods development. Political neutrality in network states means the tech infrastructure fosters the development of network states that satisfy users' political or philosophical goals. In other words, a politically neutral stack permits engineers to build values directly into their network state vision, no matter the value. Principled development requires that the infrastructure remain private (where appropriate), decentralised, permissionless, open source, and accessible.
Public goods development means creating open-source technology that everyone can view, copy, augment, or modify — depending on if the community agrees via consensus on the network. The technology is nonproprietary and does not belong to any individual or group. This open development ethos creates an environment where it is unfeasible to build exploits, backdoors, or harmful algorithms into the tech. This public goods focus keeps the technology and all the actors involved honest. Anyone can quickly review the code, make changes, or blow the whistle on sketchy behaviour. Let us dive into the three main vital network state infrastructure pieces, starting with the blockchain layer. Blockchain layer The blockchain layer consists of the consensus and financial layers of the network state. A blockchain is a decentralised ledger that allows for private and trust-minimised transactions. This blockchain should also be adaptable and modularised, meaning engineers and developers can build network state institutions using the technology. The blockchain should easily interact with other blockchains and applications, creating a web of connectivity via the emergent web3 ecosystem. But what is web3? Chris Dixon of venture capital firm a16z says, "Web3 is the internet owned by the builders and users, orchestrated with tokens." In other words, web3 is the internet extended and amplified by blockchain technology, especially by using decentralised applications or "dapps" for short. But why do network states even need a blockchain layer? The purpose of a blockchain layer for network states is to finalise group decisions and generate proof of transactions. These transactions can include votes for network state membership, allocated shares, or a token for transacting within that network state. However, since the blockchain layer is a base layer, it is feasible for network states to mint their own unique tokens, shares, or other transactional instruments relevant to the tokenomics and governance of that particular network state. Furthermore, with the assistance of smart contracts, a blockchain can also be used to help build societal rules and execute certain agreements based on the network state's particular constitution or rulesets. Communication layer A network state also requires various communication efforts, especially between its members. This communication can be private or transparent, dependent on the aims and motivations of the users. For instance, members may need to interact with each other as a collective organisation and organise their activities in a way that leverages modern online messaging systems with additional privacy-preserving guarantees. The communication layer must also be peer-to-peer or fully decentralised to strengthen its censorship resistance and remain politically neutral. The communication layer should allow for human-machine or machine-to-machine communication. For instance, whenever someone interacts with the network state blockchain or their dapps, they need to make a 'handshake' and sign a transaction with that app to access it. This communication layer will enable all these types of communications and interactions with the network state web3 environment. Decentralised file storage Durable decentralised storage is another critical component of developing politically neutral public goods infrastructure. Currently, almost all data on the internet is stored via centralised servers and is prone to hacks and data leaks. These servers harbour a single point of failure. For network states to remain feasible and resistant to attackers, any files or data they contain must maintain adequate decentralisation. Decentralised file storage systems will use novel zero-knowledge encryption techniques for remote auditing purposes and novel bandwidth optimisations that make this type of node-based storage a reality. In a way, decentralised storage applications represent the infrastructure for a new kind of internet, where data does not accumulate in easily compromisable honey pots. Logos infrastructure and scalability design The team at the Logos collective are actively building the infrastructure for network states, including the blockchain layer, communication layer, and decentralised storage. They are called: Nomos: Private, sovereign, and modular blockchain
Waku: Private, censorship-resistant, scalable messaging
Codex: Censorship-resistant data storage offering data persistence The communication layer, Waku, is already functioning and used by various projects. However, scaling it remains a central challenge, along with the other layers that are currently in active development as part of the proof of concept. Currently, Waku cannot quickly scale to millions of people while preserving privacy. The same problem applies to the decentralised storage protocol, Codex, and the modularised blockchain layer, Nomos. However, once engineers resolve issues and make tradeoffs related to scalability for all infrastructure layers, entrepreneurs can freely build the network state of their vision on top of the Logos network state infrastructure. Want to learn more about Logos? Visit the website and follow us on X. Interested in the Logos ordinals collection? Visit the Exit Game. Logos to onboard supporters to its network state technology stack with Bitcoin Ordinals collection and record-breaking block inscription. Logos to onboard supporters to its network state technology stack with Bitcoin Ordinals collection and record-breaking block inscription. Bitcoin showed the world that an exit from state-monopolised institutions is possible even in hostile environments, proving that ‘exit’ is an effective catalyst for change. The Logos technology stack is designed to extend Bitcoin’s properties to enable the deployment of other governing institutions while preserving privacy across the design. Bitcoin showed the world that an exit from state-monopolised institutions is possible even in hostile environments, proving that ‘exit’ is an effective catalyst for change. The Logos technology stack is designed to extend Bitcoin’s properties to enable the deployment of other governing institutions while preserving privacy across the design. To demonstrate our commitment to our principles and mission, we have inscribed our manifesto on the Bitcoin blockchain. Bitcoin validated the cypherpunk dream and inspired Logos. It is fitting that it will safeguard our vision for generations to come. Symbolically, our Declaration of Independence in Cyberspace is inscribed on a Nakamoto satoshi that was created in 2009 in block 3,479. Our inscription occupies the largest block to date — 3.969430 MB. To demonstrate our commitment to our principles and mission, we have inscribed our manifesto on the Bitcoin blockchain. Bitcoin validated the cypherpunk dream and inspired Logos. It is fitting that it will safeguard our vision for generations to come. Symbolically, our Declaration of Independence in Cyberspace is inscribed on a Nakamoto satoshi that was created in 2009 in block 3,479. Our inscription occupies the largest block to date — 3.969430 MB. our manifesto inscribed Our homage extends to a collection of Bitcoin ordinals for our supporters. The collection of inscriptions, called the Logos operators, will serve as an entry point to the ecosystem that will enable people to exit the existing internet system and legacy governance institutions. The Logos stack's building blocks are intended to be live by the end of the year, including the basic functionalities of the Nomos Layer 1 on testnet. Our homage extends to a collection of Bitcoin ordinals for our supporters. The collection of inscriptions, called the Logos operators, will serve as an entry point to the ecosystem that will enable people to exit the existing internet system and legacy governance institutions. The Logos stack's building blocks are intended to be live by the end of the year, including the basic functionalities of the Nomos Layer 1 on testnet. Nomos The Logos Exit Operator will deliver more information about the operator inscriptions over the coming weeks and months. Those interested in shaping the coming sovereign virtual territory can start here: exit.logos.co. The Logos Exit Operator will deliver more information about the operator inscriptions over the coming weeks and months. Those interested in shaping the coming sovereign virtual territory can start here: exit.logos.co . Exit Operator exit.logos.co The Logos technology stack Building sovereign digital communities such as network states requires architecting a scalable infrastructure and its core components. This infrastructure consists of a base-layer stack of technologies, which engineers can build on top of, adjacently to, and around. The technology stack includes — but is not limited to — a blockchain or consensus layer, a communication layer, and decentralised file storage. This article provides a high-level overview of each layer and how it contributes to network state development. Before unpacking those pieces, everyone must understand the critical considerations of network state infrastructure, especially for the Logos stack. These considerations include political neutrality and public goods development. Political neutrality in network states means the tech infrastructure fosters the development of network states that satisfy users' political or philosophical goals. In other words, a politically neutral stack permits engineers to build values directly into their network state vision, no matter the value. Principled development requires that the infrastructure remain private (where appropriate), decentralised, permissionless, open source, and accessible. Public goods development means creating open-source technology that everyone can view, copy, augment, or modify — depending on if the community agrees via consensus on the network. The technology is nonproprietary and does not belong to any individual or group. This open development ethos creates an environment where it is unfeasible to build exploits, backdoors, or harmful algorithms into the tech. This public goods focus keeps the technology and all the actors involved honest. Anyone can quickly review the code, make changes, or blow the whistle on sketchy behaviour. Political neutrality in network states means the tech infrastructure fosters the development of network states that satisfy users' political or philosophical goals. In other words, a politically neutral stack permits engineers to build values directly into their network state vision, no matter the value. Principled development requires that the infrastructure remain private (where appropriate), decentralised, permissionless, open source, and accessible. Political neutrality Public goods development means creating open-source technology that everyone can view, copy, augment, or modify — depending on if the community agrees via consensus on the network. The technology is nonproprietary and does not belong to any individual or group. This open development ethos creates an environment where it is unfeasible to build exploits, backdoors, or harmful algorithms into the tech. This public goods focus keeps the technology and all the actors involved honest. Anyone can quickly review the code, make changes, or blow the whistle on sketchy behaviour. Public goods development public goods focus Let us dive into the three main vital network state infrastructure pieces, starting with the blockchain layer. Blockchain layer The blockchain layer consists of the consensus and financial layers of the network state. A blockchain is a decentralised ledger that allows for private and trust-minimised transactions. This blockchain should also be adaptable and modularised, meaning engineers and developers can build network state institutions using the technology. The blockchain should easily interact with other blockchains and applications, creating a web of connectivity via the emergent web3 ecosystem. But what is web3? Chris Dixon of venture capital firm a16z says, "Web3 is the internet owned by the builders and users, orchestrated with tokens." In other words, web3 is the internet extended and amplified by blockchain technology, especially by using decentralised applications or "dapps" for short. But why do network states even need a blockchain layer? blockchain Chris Dixon The purpose of a blockchain layer for network states is to finalise group decisions and generate proof of transactions. These transactions can include votes for network state membership, allocated shares, or a token for transacting within that network state. However, since the blockchain layer is a base layer, it is feasible for network states to mint their own unique tokens, shares, or other transactional instruments relevant to the tokenomics and governance of that particular network state. Furthermore, with the assistance of smart contracts , a blockchain can also be used to help build societal rules and execute certain agreements based on the network state's particular constitution or rulesets. smart contracts Communication layer A network state also requires various communication efforts, especially between its members. This communication can be private or transparent, dependent on the aims and motivations of the users. For instance, members may need to interact with each other as a collective organisation and organise their activities in a way that leverages modern online messaging systems with additional privacy-preserving guarantees. The communication layer must also be peer-to-peer or fully decentralised to strengthen its censorship resistance and remain politically neutral. The communication layer should allow for human-machine or machine-to-machine communication. For instance, whenever someone interacts with the network state blockchain or their dapps, they need to make a 'handshake' and sign a transaction with that app to access it. This communication layer will enable all these types of communications and interactions with the network state web3 environment. Decentralised file storage Durable decentralised storage is another critical component of developing politically neutral public goods infrastructure. Currently, almost all data on the internet is stored via centralised servers and is prone to hacks and data leaks. These servers harbour a single point of failure. For network states to remain feasible and resistant to attackers, any files or data they contain must maintain adequate decentralisation. any files or data Decentralised file storage systems will use novel zero-knowledge encryption techniques for remote auditing purposes and novel bandwidth optimisations that make this type of node-based storage a reality. In a way, decentralised storage applications represent the infrastructure for a new kind of internet, where data does not accumulate in easily compromisable honey pots. zero-knowledge encryption Logos infrastructure and scalability design The team at the Logos collective are actively building the infrastructure for network states, including the blockchain layer, communication layer, and decentralised storage. They are called: Logos collective Nomos: Private, sovereign, and modular blockchain Waku: Private, censorship-resistant, scalable messaging Codex: Censorship-resistant data storage offering data persistence Nomos : Private, sovereign, and modular blockchain Nomos Waku : Private, censorship-resistant, scalable messaging Waku Codex : Censorship-resistant data storage offering data persistence Codex The communication layer, Waku, is already functioning and used by various projects. However, scaling it remains a central challenge, along with the other layers that are currently in active development as part of the proof of concept. Currently, Waku cannot quickly scale to millions of people while preserving privacy. The same problem applies to the decentralised storage protocol, Codex, and the modularised blockchain layer, Nomos. However, once engineers resolve issues and make tradeoffs related to scalability for all infrastructure layers, entrepreneurs can freely build the network state of their vision on top of the Logos network state infrastructure. Want to learn more about Logos? Visit the website and follow us on X . website follow us on X Interested in the Logos ordinals collection? Visit the Exit Game . Exit Game

Logos Inscribes Manifesto in Biggest Ever Bitcoin Block

লোগোগুলি সর্বকালের সবচেয়ে বড় বিটকয়েন ব্লকে ম্যানিফেস্টো খোদাই করে৷

Logos schreibt Manifest in den größten Bitcoin-Block aller Zeiten

Logos inscribe un manifiesto en el bloque de Bitcoin más grande de la historia

Logos inscrit un manifeste dans le plus gros bloc Bitcoin jamais créé

लोगो ने अब तक के सबसे बड़े बिटकॉइन ब्लॉक में घोषणापत्र अंकित किया

ロゴス、史上最大のビットコインブロックにマニフェストを刻む

Logos는 사상 최대 규모의 비트코인 블록에 선언문을 새겼습니다.

Logos inscreve manifesto no maior bloco de Bitcoin de todos os tempos

Логотипы вписывают манифест в самый большой в истории биткойн-блок

Logolar Şimdiye Kadarki En Büyük Bitcoin Bloğunda Manifesto Yazıyor

Logos ghi tuyên ngôn trong khối Bitcoin lớn nhất từ trước đến nay

Logos 在有史以来最大的比特币区块中发表宣言

Scaling Ethereum for the Masses: INTMAX Unveils Plasma Next Ethereum is at an inflection point. As adoption grows, the need to scale the network while retaining decentralization becomes critical. This week at ETHDenver, blockchain infrastructure startup INTMAX unveiled a potential solution - Plasma Next, a stateless layer 2 rollup that promises to take Ethereum's scalability to the next level. The Scalability Bottleneck Ethereum has firmly established itself as the leading smart contract platform, with an ecosystem valued at over $250 billion. However, as more dApps and users flock to the network, congestion and high gas fees increasingly impede usability. The core bottleneck is scalability. Ethereum in its current form can only process 15 transactions per second (TPS), compared to Visa's 24,000 TPS. Without major upgrades, it cannot support global adoption. Various layer 2 scaling solutions like rollups have provided temporary relief by moving activity off-chain. But to truly realize Ethereum's vision as the 'world computer', the base layer protocol itself needs an overhaul. Vitalik Buterin and other Ethereum researchers are working on ambitious proposals like sharding. However, these are technically complex and could take years to implement. In the interim, clever layer 2 innovations may help Ethereum scale while retaining its core decentralization and security guarantees. This is the gap that Plasma Next aims to fill. Reviving the Plasma Promise Plasma, first proposed in 2017 by Buterin and Joseph Poon, was envisaged as a framework for building scalable layer 2 networks. By conducting most activity off-chain and submitting only periodic proofs to Ethereum, Plasma sidechains promised great gains in throughput. However, the original Plasma design required users to monitor the network constantly and provide liquidity upfront to exit the sidechain. This poor user experience severely limited adoption. As a result, Plasma was superseded by ZK rollups which improved security using zero-knowledge proofs. Plasma Next represents a fresh take that combines the strengths of both rollups and Plasma. Built by researchers at INTMAX, it achieves scalability through dual innovations: : Plasma Next does away with state storage entirely. User balances and transaction data are stored locally while validators only maintain block headers and proofs. This eliminates storage limitations, allowing linear scaling. Stateless Architecture : Leveraging cutting-edge cryptography, Plasma Next guarantees transaction finality within a single block. Users need not monitor the network or lock up funds to exit. ZK Proofs for Conditional Payments The result is a layer 2 architecture that scales with constant cost per block, regardless of user numbers. This theoretically makes unbounded Ethereum throughput possible without compromising decentralization. Realizing the Original Plasma Vision Plasma Next's stateless architecture is noteworthy because many researchers considered it impractical. A 16z paper proved that fully stateless blockchains are impossible as validators would need to store some minimal state. By making users store their own state, Plasma Next appears to circumvent this limitation in an innovative way. This aligns with the original Plasma vision which aimed to scale Ethereum to thousands of transactions per second. Buterin imagined that users could transact freely on sidechains and only rely on the base layer during deposits and withdrawals. Over time, the base chain could evolve into a simple settlement layer secured by PoS validators. Plasma Next represents a leap towards that vision. By eliminating state bloat and user liquidity requirements, it minimizes activity on the base chain. Leona Hioki, Co-Founder of INTMAX, emphasizes that the launch code is open source so anyone can fork it and launch a network. Community adoption could pave the path for Ethereum's eventual transition to a scalable settlement layer. Enhancing User Experience Importantly, Plasma Next also makes significant UX improvements that should boost adoption. Users no longer have to actively monitor the network or wait through challenge periods before transferring funds to the base chain. ZK proofs guarantee transaction finality within a single block. By automating data storage and using encrypted backups, Plasma Next also minimizes the complexity arising from its stateless architecture. The combination of a simple user experience and protocol-level scalability creates the right conditions for consumer blockchain apps to thrive. Unleashing Web3 Innovation The timing is also apt, as Ethereum eyes an ambitiously planned Shanghai upgrade later this year. While the merge to proof-of-stake improves security and efficiency, scalability remains a concern. Innovative layer 2 solutions like Plasma Next could provide the additional throughput needed for an order of magnitude growth in dApps and users. Moreover, improvements in scalability and user experience are necessary to onboard the next billion Web3 users from emerging markets. As Hioki notes, Plasma Next represents a ready-made scaling solution for any developer wanting to build blockchain applications. By lowering the barriers to leveraging blockchain's capabilities, it could unleash innovation across industries like DeFi, NFTs, gaming, social media and more. Community Participation is Key However, Plasma Next's long-term success depends on community participation. The network effects that make blockchains valuable arise from a diverse, decentralized user base. Being open source software, its evolution will be shaped by those who build on it and provide feedback. This community-driven ethos has been a hallmark of Web3 projects. Ethereum itself grew rapidly because Buterin and Poon released their early research and proposals publicly. This allowed worldwide collaboration between theorists, developers and businesses who were excited by its potential. Plasma Next seems poised to follow a similar path. Final Thoughts Plasma Next's launch at ETHDenver represents a milestone in Ethereum's evolution. It revives the possibilities originally envisioned by Plasma and combines it with modern innovations like ZK proofs. The result is a promising layer 2 architecture that could help Ethereum scale for global adoption. As Hioki notes, INTMAX's goal is not just theoretical research but also providing usable code that the community can build on. The Web3 ethos encourages open source collaboration to create public goods that benefit society. Plasma Next offers the Ethereum ecosystem an opportunity to come together and solve the scalability challenge in a decentralized manner. The next few years will prove if the community is up for this challenge. Don’t forget to like and share the story! This author is an independent contributor publishing via our brand-as-author program. Be it through direct compensation, media partnerships, or networking, the author has a vested interest in the company/ies mentioned in this story. HackerNoon has reviewed the report for quality, but the claims herein belong to the author. #DYOR Vested Interest Disclosure:

Scaling Ethereum for the Masses: INTMAX Unveils Plasma Next

গণের জন্য Ethereum স্কেলিং: INTMAX প্লাজমা পরবর্তী উন্মোচন করে

Skalierung von Ethereum für die Massen: INTMAX stellt Plasma Next vor

Escalando Ethereum para las masas: INTMAX presenta Plasma Next

Faire évoluer Ethereum pour le grand public : INTMAX dévoile Plasma Next

जनता के लिए एथेरियम का विस्तार: INTMAX ने प्लाज़्मा नेक्स्ट का अनावरण किया

大衆向けイーサリアムのスケーリング: INTMAX が Plasma Next を発表

대중을 위한 이더리움 확장: INTMAX, Plasma Next 공개

Dimensionando o Ethereum para as massas: INTMAX revela o próximo Plasma

Масштабирование Ethereum для масс: INTMAX представляет Plasma Next

Ethereum'u Kitleler İçin Ölçeklendirmek: INTMAX Plazmayı Tanıtıyor

Mở rộng quy mô Ethereum cho đại chúng: INTMAX ra mắt Plasma Tiếp theo

为大众扩展以太坊：INTMAX 推出 Plasma Next

On the occasion of Singaporean Deputy Prime Minister Lawrence Wong’s visit to Washington, D.C., the United States and Singapore launched the U.S.-Singapore Critical and Emerging Technology (CET) Dialogue.  National Security Advisor Jake Sullivan, Acting Special Envoy for Critical and Emerging Technology Seth Center (on behalf of Secretary of State Antony Blinken), Minister for Foreign Affairs Dr. Vivian Balakrishnan, and Minister for Communications and Information and Minister-in-Charge of Smart Nation and Cybersecurity Josephine Teo led the inaugural U.S. Singapore CET Dialogue, with opening remarks by Deputy Prime Minister Wong. They were joined on the U.S. side by the Deputy Secretary of Commerce, the Deputy Secretary of Energy, the Director of the National Science Foundation (NSF), the Director of the National Institute of Standards and Technology (NIST), the Deputy National Security Advisor for International Economics, and senior officials from the U.S. Department of State, Department of Commerce, Department of Energy, United States Trade Representative, Department of Defense, and National Security Council.  On the Singaporean side, Minister of State for Trade & Industry Alvin Tan, senior officials from the Ministry of Communications and Information, Ministry for Trade and Industry, the Ministry of Defense, the Ministry of Foreign Affairs, and the Chairman of the Economic Development Board and the Chief Executive of the Infocomm Media Development Authority participated. The two sides discussed opportunities to bolster research, innovation, and commercial ties to expand the frontiers of scientific knowledge, promote prosperity, and deliver public goods to the Indo-Pacific region, especially ASEAN partners.  The United States and Singapore also discussed economic security and technology protection measures to manage risks to national security while abiding by our long-standing commitment to open investment.  The high-level discussions were followed by a dialogue with industry hosted by the U.S. Chamber of Commerce focused on AI innovation and safety and co-chaired by U.S. Deputy Secretary of Commerce Don Graves and Singapore Minister of Communications and Information Teo. To expand and deepen our technology partnership, the United States and Singapore committed to launch new bilateral initiatives and welcomed enhanced cooperation between our governments, industry, and academia across the following domains: Artificial Intelligence (AI) Welcomed the completion of a mapping exercise between the U.S. Department of Commerce’s National Institute of Standards and Technology (NIST) AI Risk Management Framework and the Singapore Infocomm Media Development Authority’s AI Verify Establishing a bilateral AI Governance Working Group focused on advancing shared principles for safe, trustworthy, and responsible AI innovation, to complement the United States’ Voluntary AI Commitments and a potential multilateral AI Code of Conduct. Expanding collaboration between the U.S. National Science Foundation and AI Singapore (AISG) through joint research and educational funding opportunities focused on trustworthy and safe AI systems. Exploring reciprocal certification programs for American and Singaporean AI professionals on the basis of shared standards, tests, and benchmarks. Digital Economy Developing a Roadmap for Digital Economic Cooperation that charts common principles and objectives on priority issues such as data governance, digital standards, digital inclusion, consumer protection, and ensuring small- and medium-enterprises can benefit from opportunities in the digital economy. Exploring opportunities to strengthen bilateral collaboration on digital payments, including to shape international best practices. Collaborating to facilitate trusted data flows with effective privacy protections, including through work under the U.S.-Singapore Partnership for Growth and Innovation (PGI) and through supporting the expansion of the Global Cross-Border Privacy Rules Forum. Biotechnology Convening U.S. and Singapore universities, research institutions, private sector, and science agencies to advance shared research and development (R&D) priorities for biotechnology; talent exchanges; and sharing of best practices for startups around commercialization, scaling, and R&D translation efforts. Exploring opportunities for R&D collaboration in synthetic biology, cell and gene therapeutics, viral and viral delivery systems. Climate and Resilient Critical Infrastructure Upgrading long-standing collaboration on smart cities, with a focus on climate resilience, under the auspices of the U.S.-ASEAN Smart Cities Partnership. Working to establish a Smart Cities Program on AI through the U.S.-Singapore Third Country Training Program to deliver capacity-building to ASEAN and Pacific Islands Forum states. Supporting regional efforts to decarbonize and deploy renewable energy, including through ongoing research efforts through the U.S.-Singapore Climate Partnership. Collaborating on standards, rules, and norms for promoting the protection, maintenance, and streamlined processes for subsea cables, including at international platforms such as the International Cable Protection Committee. Quantum Information Science and Technology Expanding government, academic, and private sector exchanges through the State Department International Visitor Leadership Program and other potential longer-term programs including between university partners. Deepening information-sharing on Post Quantum Cryptography migration between the U.S. Department of Commerce’s National Institute of Standards and Technology and the Department of Homeland Security and Singapore’s National Quantum Office and Ministry of Communications and Information. Defense Innovation Concluding a Memorandum of Understanding between the U.S. Department of Defense’s Defense Innovation Unit and the Singapore Ministry of Defence to more deeply integrate our bilateral defense innovation ecosystems, in support of stability and security in the Indo-Pacific and beyond. The United States and Singapore look forward to institutionalizing the CET Dialogue as a mechanism to accelerate collaboration—both bilaterally and with like-minded partners—and pursue ambitious objectives for our technology partnership in service of our shared vision for a secure, peaceful, stable, and prosperous Indo-Pacific region. This content was originally published in October 12, 2023, on whitehouse.gov.

Key Takeaways from the Inaugural US-Singapore CET Dialogue 

**CAYMAN ISLANDS, Cayman Islands, January 30th, 2024/Chainwire/--**The QRDO Foundation, dedicated to the growth and development of the QRDO ecosystem, has announced a strategic partnership with EQ LAB, a leading blockchain developer lab, to launch the Warden Protocol. This initiative accelerates the upcoming launch of the Warden Protocol, an intent-based interoperability protocol built on Cosmos and based on the Fusionchain primitive. Introducing The Warden Protocol The is a modular intent-centric blockchain built on the Cosmos-SDK. At its most basic level, it enables users to create Spaces and Wallets on various blockchains and govern their activity through on-chain intents. Warden Protocol Complex multi-leg transactions can be built, and cross-chain activity protected via complex intents, all enforced on-chain by the Warden Protocol. For the builders in the space, Warden enables smart contracts to be deployed on Cosmos using Solidity and WebAssembly, and facilitates a modular marketplace of key management solutions, from HSM solutions to multi-party computation providers. “The Warden Protocol is the next evolution in intent and interoperability primitives,” said a representative for the QRDO Foundation, “Joining forces with the EQ LAB team enables us to achieve this ambitious vision and ensures that QRDO token holders see the realization of a truly decentralized and open, intent-centric interoperability and key management protocol.” Various applications have pledged their support to deploy on Warden, including: , a liquid staking hub for Cosmos that puts existing liquid staking tokens to work; EQ.finance WARDD, a USD-pegged decentralized stablecoin that provides Warden users with instant access to dollar liquidity; , a pluggable protocol for decentralized funding pools that enable margin trading on any spot DEX; and Marginly SpaceWard, a SAFE-like platform for wallet management and governance. EQ LAB will form the core contributor team to the Warden Protocol and will bring an extensive team of 15 core developers to the Warden Protocol. “We are very pleased to be helping to establish the Warden Protocol as Core Contributors”, said Alex Melikhov, founder of EQ LAB, “as an experienced team of qualified blockchain developers, we see a bright future in the Cosmos ecosystem, and we look forward to seeing incredible value unlocked for both the existing QRDO and Q token holder communities”. WARD Token The Warden Protocol plans to introduce the WARD token via a fair launch mechanism. This launch will take place without any pre-mine or investor allocations, with eligibility for both an airdrop and an incentivised WARD-swap extending first to existing QRDO holders. As a nod to the public goods done by various other Cosmos chains, TIA and ATOM stakers will also be eligible, as well as builders and users from other complimentary protocols and chains. Further details will be announced shortly. The Alfama testnet will go live in the coming weeks, with details for an incentivised testnet to be published shortly. Contact Information Warden Protocol Warden Protocol is a new modular intent-based blockchain based on CosmosSDK that allows users and builders to explore and build cross-chain securely. pr@wardenprotocol.org www.wardenprotocol.org About EQ LAB EQ LAB is an experienced software engineering house specializing in permissionless applications and protocols, acting as a technology partner in a plethora of projects on Cosmos, Ethereum, Arbitrum, Polkadot, and other blockchain platforms. hello@eqlab.io www.eqlab.io About QRDO Foundation: QRDO Foundation has been established to focus on accelerating the adoption of open custody, security and interoperability protocols and nurture the value of the QRDO ecosystem. Contact PR Team QRDO Foundation pr@qrdo.org This story was distributed as a release by Chainwire under HackerNoon’s Business Blogging Program. Learn more about the program here.

QRDO Foundation and EQ LAB Announce Strategic Partnership To Launch The Warden Protocol

SINGAPORE, Singapore, December 14th, 2023/Chainwire/--Dora Factory, a leading protocol specializing in decentralized governance and multi-chain funding for public goods, has successfully secured a new strategic investment led by dao5. This funding round, which also includes contributions from Whampoa Digital and seven other prominent investors, marks a significant expansion of Dora Factory's capabilities. This infusion of capital bolsters Dora Factory’s mission to build more advanced infrastructures for its flagship Public Good Staking products, support essential public goods funding and pioneering research, as well as enhance Dora Vota - its newly launched specialized appchain for advanced voting and decentralized governance. In conjunction with this new investment round, Dora Factory is also expanding its roster of partnerships, including launching the app-chain quadratic funding rounds for Cosmos ecosystem contributors on Dora Vota. The initiative undertaken by Dora Factory presents a stark contrast to traditional primary investment models prevalent in the crypto sphere, which are often criticized for their lack of foundational value. Dora Factory’s new strategic raise round highlights its overwhelming fundamentals built over the past 24 months. Dora Factory distinguishes itself as a model for sustainable growth and long-term viability. Over more than two years, Dora Factory has substantiated its commitment to delivering concrete results, evidenced by the impressive growth of their public good validators, expanding to more than 30 ecosystems and a total value staked soaring at over $250M. Tekin Salimi, Founder and General Partner of dao5, has commented on the strategic significance of this investment: “Dora Factory is a critical piece of decentralized governance and public goods funding infrastructure for a long list of crypto ecosystems. While many longstanding projects have been undervalued in the recent bear market, dao5 is excited to inject new capital and hands-on support services to revitalize value for the Dora community.” Peter Huo, Co-CIO of Whampoa Digital, added: “Dora Factory is akin to the Y-Combinator of the Web3 universe, but powered entirely by Web3-native protocols, ecosystems, communities, and builders in a decentralized manner. It has continuously demonstrated itself as a vital component and catalyst for facilitating innovation across each and every ecosystem it engages with. In line with our investment thesis on Web3 applications and mass adoption, we at Whampoa Digital are excited to support Dora Factory in its mission and growth ahead.” Dora Factory's approach to funding public goods across the entire industry is a remedial response to the recent trend of commercializing public goods and their funding, which often disproportionately impacts communities. Instead, Dora Factory emphasizes the intrinsic value of public goods and prioritizes sustainable funding mechanisms. Its commitment to community engagement and demonstrated impact solidify its reputation as a dependable partner to founders and the wider community. With an eye on the future, Dora Factory envisions a scenario where its public good staking is channelled towards funding frontier technologies. Leveraging its sustainable revenue streams, the protocol aims to support vital research and development in critical areas like quantum computing, space exploration and longevity research, setting itself apart as a forward-thinking leader in public goods funding and Web3 in general. Eric Zhang, Architect of Dora Factory, commented: “Dora Factory has already commenced significant efforts towards ‘frontier staking’ - bring Web3 infrastructures and funding mechanisms to support nascent space technology startups and communities. As it continues to broaden its influence and increase revenue, Dora Factory is committed to deepening its involvement in these sectors, recognizing their crucial role in shaping humanity's future.” Dora Factory exemplifies a successful model in addressing the inefficiencies of traditional funding models, pioneering a sustainable and impactful approach towards public goods support. With its proven track record, dedication to community involvement, and visionary goals, Dora Factory is uniquely positioned to significantly influence the landscape of the future of PoS ecosystems via public good staking and decentralized governance in the coming years. This strategic raise, after Dora Factory’s $17.5 million raise in 2021, will accelerate the infrastructure development and public goods funding process in the multi-chain world. About Dora Factory: Dora Factory creates protocols and tech stacks for decentralized governance, empowering the new generation of PoS networks, open-source communities and decentralized organizations through trailblazing solutions like the Public Good Staking infrastructure and Dora Vota, a special-purpose blockchain for voting and governance. To learn more about Dora Factory, please see dorafactory.org About dao5: Founded by ex-Polychain General Partner Tekin Salimi, dao5 is a $125 million experimental cryptocurrency investment fund that will convert into a decentralized autonomous organization. About Whampoa Digital: Whampoa Digital is the Web3 VC Fund anchored by Whampoa Group, the Singapore-headquartered Whampoa Group. Whampoa Group was co-founded by Amy Lee, a former senior partner at Lee & Lee, a Singapore law firm started by her father, Lee Kim Yew and Singapore's first prime minister, Lee Kuan Yew and his wife. The investment group's other co-founder is Lee Han Shih, a member of the business family that co-founded Southeast Asian bank OCBC (OCBC.SI) and Lee Rubber Group, among other companies. Contact Core contributor Steve Ngok Dora Factory steve@dorafactory.org This story was distributed as a release by Chainwire under HackerNoon’s Business Blogging Program. Learn more about the program . here

Dora Factory Closes New Strategic Raise, Announces New Ecosystem Partnerships

A Pioneering Partnership Addresses Widespread Adoption Hurdles In a landscape marked by the promise of blockchain revolutionizing industries, and Celestia have joined forces to introduce an open protocol that will revolutionize Ethereum's landscape. This collaboration aims to empower builders to launch Move-based Layer 2 (L2) blockchains and scaling solutions seamlessly integrated within the Ethereum ecosystem. Movement Labs One of the standout features is Movement's formal verification system, designed to audit and maintain secure smart contract execution across distributed environments. This not only addresses security concerns but also ensures compatibility within the native Ethereum ecosystem, reducing the steep learning curve associated with new programming languages. Overcoming Hurdles: The Widespread Adoption Challenge The of $3.8 billion in the blockchain industry due to smart contract vulnerabilities has prompted Movement and Celestia to step in with a unique approach. Rather than introducing alternative virtual machines that contribute to developer fragmentation, the partnership focuses on providing a secure, performant, and scalable modular blockchain solution using Ethereum as the foundation settlement layer. current annual loss While Labs and Celestia chart a course for Ethereum's evolution, the broader blockchain community grapples with challenges hindering widespread adoption. Although the challenges are formidable, the blockchain community is actively working to overcome them. Initiatives focusing on education, user experience, scalability solutions, and interoperability are gaining traction. Additionally, collaborations between blockchain projects and industry players are fostering innovation and addressing regulatory concerns. Movement As we navigate through these challenges, it's important to recognize that the widespread adoption of blockchain is not an overnight feat. It requires a concerted effort from developers, businesses, regulators, and the broader community. By addressing the core issues and fostering a supportive ecosystem, we can unlock the true potential of blockchain technology, ushering in a new era of transparency, efficiency, and decentralized innovation. The journey toward widespread adoption may be challenging, but the destination holds the promise of a more inclusive and decentralized digital future. Decoding the Movement Architecture: Modularity for Mass Appeal Central to Movement Labs' strategy is modularity, offering public goods and tooling to facilitate the widespread adoption of the Move programming language across diverse blockchain ecosystems. The upcoming M2 mainnet is poised to make history as the first Ethereum Layer Two rollup integrating Celestia's Blobstream, Snowman for Shared Sequencing, and the Move Virtual Machine for execution. The integration not only enhances performance but also minimizes resource expenditure, allowing developers to create high-performance, consumer-focused applications. The ecosystem is teeming with potential applications, from games to consumer-focused products and financial innovations that bridge the gap between traditional finance and retail. Fractal Module: Bridging the Solidity-Move Divide A game-changer within Movement's ecosystem is the Fractal module, enabling seamless conversion of Solidity scripts into opcodes understood by next-generation virtual machines like Move. This means that Solidity projects can harness the performance and security advantages of Move without requiring a single line of Move code. With over 50 partners integrating into the devnet, Movement Labs is creating a diverse ecosystem of applications and infrastructure that promises increased liquidity, consumer reach, and accessibility for teams launching on the Movement Network. Charting a Course Forward: A Unified Vision Recognizing the challenges, the blockchain community is actively working to overcome them. Initiatives focusing on education, user experience, scalability, and interoperability are gaining traction. Collaboration between blockchain projects and industry players is fostering innovation and addressing regulatory concerns. The Future for Blockchain Redefined As Movement Labs and Celestia redefine the future of Ethereum, the combined efforts of the blockchain community set the stage for a transformative era. By addressing the core issues and fostering a supportive ecosystem, the possibilities for secure, scalable, and innovative blockchain solutions seem boundless. The journey toward widespread adoption may be challenging, but the destination holds the promise of a more inclusive and decentralized digital future. In the convergence of technology and collaboration, the blockchain revolution is not just imminent; it's underway. Don’t forget to like and share the story! : Vested Interest Disclosure This author is an independent contributor publishing via our . Be it through direct compensation, media partnerships, or networking, the author has a vested interest in the company/ies mentioned in this story. HackerNoon has reviewed the report for quality, but the claims herein belong to the author. #DYOR brand-as-author program

Unveiling Ethereum's Revolution: Movement Labs & Celestia Tackle Adoption Challenges in Blockchain 

Ethereum এর বিপ্লব উন্মোচন করা: মুভমেন্ট ল্যাবস এবং Celestia ব্লকচেইনে দত্তক নেওয়ার চ্যালেঞ্জ মোকাবেলা করে

Enthüllung der Revolution von Ethereum: Movement Labs und Celestia bewältigen Herausforderungen bei der Einführung von Blockchain

Revelando la revolución de Ethereum: Movement Labs y Celestia abordan los desafíos de adopción en Blockchain

Dévoilement de la révolution d'Ethereum : Movement Labs et Celestia relèvent les défis de l'adoption de la blockchain

एथेरियम की क्रांति का अनावरण: मूवमेंट लैब्स और सेलेस्टिया ब्लॉकचेन में अपनाने की चुनौतियों से निपटते हैं

イーサリアムの革命を明らかに: Movement Labs と Celestia がブロックチェーンの導入課題に取り組む

Ethereum의 혁명 공개: Movement Labs와 Celestia는 블록체인 채택 문제를 해결합니다.

Revelando a revolução do Ethereum: Movement Labs e Celestia enfrentam desafios de adoção em Blockchain

Представляем революцию Ethereum: Movement Labs и Celestia решают проблемы внедрения блокчейна

Ethereum'un Devrimini Açıklıyoruz: Hareket Laboratuvarları ve Celestia, Blockchain'deki Benimseme Zorluklarının Üstesinden Geliyor

Hé lộ cuộc cách mạng của Ethereum: Phòng thí nghiệm chuyển động & Celestia giải quyết các thách thức trong việc áp dụng trong Blockchain

揭开以太坊的革命：Movement Labs 和 Celestia 应对区块链采用挑战

TL;DR: zkML vs. opML: two emerging methods for on-chain AI inference. zkML: bringing privacy and transparency into ML using zero-knowledge proofs. opML: offers scalable, cost-effective on-chain AI using optimistic verification. Decentralized AI: turning ML models into public goods with baked-in trustlessness. Due to , interest in decentralized on-chain AI is picking up. Not all on-chain AI methods are the same, and there’s a vast space of use cases spanning from on-chain ML training (not achieved yet) to decentralizing the hosting of AI models, to encrypting a model’s content, to proving inference, which means the querying of a model. current events unfolding at OpenAI In this article, I want to focus on two emerging methods for AI inference, namely opML, and zkML. I will dive into what these terms mean, what their differences are, and how they can help make AI more transparent & decentralized. zkML and opML leverage two different cryptographic methods to prove a model’s inference. In a nutshell, zkML and opML both create a cryptographic certificate that verifies that an ML model A has been queried through a prompt B, they attest the model’s details, like its size and parameters, and can certify that a prompt has been executed. Let’s first take a look at zkML: Understanding zkML zkML, or zero-knowledge machine learning, intertwines the concept of zero-knowledge proofs (ZKPs) with ML. are cryptographic protocols that enable one party to prove to another that a statement is true without revealing any information beyond the validity of the statement itself. Zero-knowledge proofs Privacy is a major use case for zkML, with biometric authentication being a popular application. , for instance, is working on utilizing zkML for authenticating its users locally on their smartphones using zkML. Worldcoin But beyond privacy, zkML is useful for making ML models more fair and transparent. Using a zkML library like we can prove, for instance, that: ezkl "I ran this publicly available neural network on some private data, and it produced this output." "I ran my private neural network on some public data, and it produced this output." "I correctly ran this publicly available neural network on some public data, and it produced this output." The on-chain aspect comes into play when we are able to verify these proofs on Ethereum. And just a friendly reminder, in the case of proprietary AI services like OpenAI, all we can do is trust that the black box we’re interacting with is truthfully doing what we are telling it. zkML and equally opML can . make the application of algorithms and ML more fair For instance, zkML ensures that all users are subject to the same rules and that any changes to an algorithm are made public. This level of transparency and fairness has been absent online for way too long. zkML and opML are not changing how LLMs are trained, but they can help with shedding light on how algorithms and models are applied. Understanding opML However, at this point, zkML is incredibly costly and slow. Model sizes are currently only in the millions of parameters, whereas currently GPT-4 has 1.7 trillion parameters. Recently, Hyper Oracle introduced a new approach called that can run 13 billion parameter LLMs on-chain using a standard PC. That’s a 10,000 x step up from zkML. opML Due to its low cost and high performance, opML might pave the way for on-chain applications that utilize ML, but also vice versa, web2 applications that leverage the verifiable nature of opML for their users. opML brings the process of AI model execution and inference directly on-chain, similar to how an optimistic rollup like Arbitrum or Optimism scales Ethereum transactions. While ZK Rollups rely on zk proofs for computational validity, Optimistic Rollups and opML use fraud proofs, an optimistic verification method that could broaden the horizons for on-chain ML technologies. The core of opML is a verification game that borrows from the principles of Truebit and optimistic rollup frameworks, ensuring that the ML computations remain decentralized and verifiable. opML is so far the only method available to prove ML inference optimistically and offers users access to advanced AI models such as Stable Diffusion and LLaMA 2. What’s different The security mechanisms of zkML and opML diverge in their operations: zkML combines ML inference computations with the creation of zk proofs for each instance. opML carries out ML inference computations and only reruns a fraction of these computations on-chain if a challenge arises. This design allows opML to bypass the intensive proof generation process typical of zkML unless it's absolutely necessary. Considering that ML computations could be less critical than financial transactions, security requirements might be adjusted while preserving the trustless and verifiable nature of opML. By redefining the security needs for on-chain ML performance, opML emerges as a scalable, efficient, and verifiable solution that maintains a shorter challenge period than standard Optimistic Rollups. Redefining Trust and Transparency In conclusion, the evolution of on-chain AI tools like zkML and opML is not just about enhancing the capabilities of machine learning models but fundamentally about reshaping our relationship with artificial intelligence. As we edge closer to the , the question of control and transparency becomes paramount. realm of AGI zkML offers a significant leap in ensuring privacy and fairness in AI applications. However, its current limitations in terms of cost and scalability highlight the need for alternative solutions. Enter opML, a promising approach that combines the strengths of on-chain execution with the efficiency and scalability of optimistic verification methods. By adopting these decentralized and transparent methodologies, we open the door to a future where AI is not just a tool controlled by a few but a trustless, open-source public good accessible to all.

What’s the Difference Between zkML and opML?

Marrying and impact is nothing new. From dynamic and value chain traceability to the exploration of mechanisms like quadratic funding for public goods, the fusion of technology and impact continues to break new ground. web3 NFTs Now, there’s another innovation in the spotlight: . Born out of research by Protocol Labs started in the middle of last year, the new protocol answers the difficult question: How can we better align incentives to work on impactful work that might not have a business model or might be viewed as high-risk but potentially high upside? hypercerts Hypercerts propose a solution: Displaying impact on chain. As fractionalized, semi-fungible tokens, they enable the capture, definition, and representation of impact recorded on an immutable ledger. Such an improvement in transparency and evaluation structure paves the way for a better understanding of positive impact, fueling more funding and recognition. And, with a dash of retrospective funding magic, hypercerts’ ultimate goal is to empower humans to rather than mere intentions—by actually providing resources after the fact. fund tangible impact So, how exactly do hypercerts work, and how can they transform areas like carbon credits? Hypercert: The new public good primitive Leveraging , hypercerts’ creators defined a single hypercerts standard. Users can thus populate the tokens with unique information and create various classes of hypercerts—all managed within a single smart contract. This way, the hypercerts protocol represents a single, open, shared, and decentralized database for different impact funding mechanisms. ERC-1155 The philosophy is straightforward: Today’s economic systems don’t reflect what we value as humans, such as environmental and social well-being. Yet, we do have the power to design systems that guide our actions and reward the outcomes we desire. Hypercerts present an opportunity to establish structures that favor positive impact, support the funding of important causes, and implement transparent, trustworthy evaluation methods, effectively bridging the traditional divide between private and public sectors. NFTs have shown us that powerful and dynamic marketplaces can exist in the web3 world when the right tools are employed. By combining human values with large-scale structures, we can make a significant difference in our societies. Hypercerts facilitate coordination, laying the groundwork for various decision and funding mechanisms, including quadratic voting/funding, auctions, voting, bounties, grants, and more. And, while they don’t solve the coordination issues on their own, they do provide a solid foundation for these diverse strategies. The ability to “enable” makes hypercerts a great . In the context of web3, Francesco Renzi from Superfluid as a fundamental functionality upon which everything else is built. For example, in the automotive world, the wheel is a primitive that enables the construction of cars. So, introducing more primitives allows for the development of entirely new systems. public good primitive describes a primitive Therefore, hypercerts empower people to identify impactful work, leading to the creation of new building blocks for assessing community values, determining the most influential work, and, ultimately, enabling the development of novel utilities on top of these foundations. And for funders, hypercerts provide a convenient way to “put their wallet where their values are.” How do hypercerts work? Hypercerts serve as an interoperable data layer, creating a standardized method to capture key information about work intended to have a positive impact. Each token represents a claim detailing the scope of work performed by specific contributors within a given time frame and the scope of impact achieved during a specified period. Gitcoin has already retrospectively granted hypercert fractions to anyone who participated with at least $1 DAI in its Alpha Grants Round (in January) and Beta Grants Round (in April). All the metadata was stored on IPFS; the hypercerts protocol itself lives on Optimism (though you can also experiment with it on Ethereum’s Goerli Testnet). Each hypercert contains information about: The scope of work and its corresponding impact Time frames for both the work and its impact Contributors involved in the project Rights obtained through hypercert ownership Let’s look at how hypercert funding can work step by step Each effort involves various stakeholders: beneficiaries, contributors, prospective funders, retrospective funders, and evaluators. To receive funds, contributors develop an impact activity, create hypercerts defining the impact they aim to achieve and obtain funding from prospective funders. Upon minting the hypercerts, fractions are awarded to the prospective funders in—this is the initial, highest-risk stage. As the project progresses and creates impact, funders enter the scene to finance evaluators, who then assess the impact on beneficiaries. Evaluators create and publicize impact reports, allowing retrospective funders to compare the project’s goals with their results. This process can lead to the disbursement of award funds based on any further retrospective funding. At that point, the interesting thing is that hypercerts represent , enabling multiple evaluations to point to the same hypercert, increasing the variety of methodologies used, and allowing evaluations to differ over time. This, naturally, facilitates learning about the most effective impact assessment methodologies over time. completed work With an evaluation layer embedded into the semi-fungible “NFTs”, contributors must clearly define their goals and commitments beforehand, making evaluators’ jobs much easier. This separates the interests of projects and evaluators, as independent impact evaluators can remain neutral and are incentivized to develop a reputation for credibility. For hypercerts, ideal funders are then those who care about impact and seek to fund projects with credible impact claims and high-quality evaluations from reputable evaluators. For example, they could establish an impact evaluation pool, allocating a percentage of funding to reward impact evaluations for all projects under their consideration. If they choose to support an effort with retrospective funding, they can buy more hypercerts fractions from contributors and even the prospective funders who retain a fraction of their hypercerts. This mechanism has a crucial role: It allows contributors to work now, anticipating future cash flow for their positive impact, effectively "borrowing" from future funding. This approach incentivizes them to undertake public goods projects with uncertain yet potentially high impact and promotes a more efficient market by evaluating impactful outcomes post-hoc. We spoke to Carl Cervone, Holke Brammer, and Raymond Cheng, some of the key minds behind the hypercert protocol, about what happens at the very last step—once the contributors receive retrospective funding. Raymond shares that it’s the projects themselves that must decide how to use their funding best, often applying it to support ongoing operations and development. The way projects utilize funding will likely contribute to their overall reputation, as funding events on impact claims are expected to be a regular occurrence. According to Carl, retrospective funding supports various project needs, including compensating contributors, funding the next phase of work, or prospectively repaying backers who financed the work. The long-term goal is to encourage more people to do good work without waiting for grant proposals. Let’s talk carbon credits Carbon credits provide financial incentives for reducing greenhouse gas emissions by assigning a monetary value to the cost of polluting air. Since their trade began in 1997, they have become a key instrument for fighting climate change. But even today, carbon offsets continue to face significant challenges, such as a lack of standardization and methodology, low trust in credit quality, and fragmented marketplaces. But hypercerts could change that. Hypercerts offer a new perspective on carbon credits, democratizing the process and adding more rigor to evaluations. By addressing many of the Monitoring, Reporting, and Verification (MRV) challenges, they facilitate a more effective, trustworthy system for verifying and registering environmental impact. As Carl Cervone explains, hypercerts capture the work that was done, but there is still often still a need to evaluate the impact of the work. For example, we could create a hypercert for planting 10 trees. If you buy the hypercert, then you would own any impact that comes from our work. But someone would still need to measure how much carbon those trees removed. From water preservation to biodiversity, hypercerts force participants to fit their proposed impact into a framework, making it easier to incentivize or feel comfortable providing the funding. This allows contributors to better manage both capital and operating costs. For projects like tree planting, while the initial cost may not be high, the cost of maintaining the project can be significant. Hypercerts become a means to secure upfront funding to cover these costs and continue funding the sequestration process through the sale of additional fractions as the project starts generating impact. Yet, in order for that to happen successfully, there should be more transparency around how credits are created and where they are sourced from. Hypercerts can’t help us access data points to create this provenance and make sure that the data is verifiable. Imagine a small community starting a reforestation venture. They don’t have much capital, but with hypercerts, they can still secure initial funding for the project. As the trees grow and sequester carbon, the community sells more hypercert fractions, funding ongoing sustenance and further tree planting. This way, the community is incentivized to maintain the project for the long term, while backers can trust their contributions are making a real, measurable impact. It’s the retrospective funding piece that makes it really interesting. It encourages anyone to start working on a project—such as agroforestry—much like academic research. Let’s say a small-scale farmer or landowner wants to restore a degraded piece of land, knowing it has the potential to sequester huge amounts of carbon. They might think twice if they can't get money upfront or know for sure they'll earn carbon credits later. Without guaranteed upfront funding or the assurance of carbon credits, they may be reluctant to embark on this journey. With hypercerts, the landowner can begin the restoration work with the understanding that they will be able to generate and sell carbon credits based on the actual amount of carbon their project sequesters. As the project progresses and the land begins to recover, storing more carbon, the landowner can sell more fractions. If a contributor believes in their project’s potential, hypercerts can provide ongoing funding for maintenance and further restoration. Funders, on the other hand, can easily access the impact data of the project they fund, linking their funding directly to quantifiable carbon sequestration. This brings a more intuitive way to understand the information that’s being put in front of them. Simply put, hypercerts confront your impact goals with the results—so you can see all the information for yourself. So, where does this leave us? We believe that hypercerts do more than just legitimize carbon credits funding—they unlock projects previously deemed unviable due to a lack of initial funding. They represent a step toward a more inclusive, diverse impact dynamic, and we’re eager to see the ripples they create—in carbon and beyond. - By & Nicholas Edmonds Tereza Bizkova

What Are Hypercerts & How Can They Transform Impact Certification? (+ Carbon Credits Example)

Let's learn about via these 31 free stories. They are ordered by most time reading created on HackerNoon. Visit the to find the most read stories about any technology. Vitalik Buterin /Learn Repo 1. How Phala Drives Innovation for Metaverse Games and NFT IDs The development of Web3 Metaverse game meets many limitations, with the support of fat contract in real-time compute-intensive talks, low latency can solve them 2. Do 'Trust Models' Deserve Their Title? When someone says that a system "depends on trust", ask them in more detail what they mean! 3. Introducing a New NFT Project Based on Ethereum Creator Vitalik Buterin Art101 announced a Vitalik Buterin NFT collection 'Based Vitalik' 4. Is Your Perspective Convex or Concave? How people approach the age-old tradeoff of compromise versus purity in making large-scale decisions. 5. Uniswap's History, In Brief🦄 With a $4 billion market cap in 2022, and a daily trade volume of approx $150 million, here's how a non-technical person built the biggest DEX in the world. 6. Can Humans Win at Progress With Coordination? If you have improved the coordination in an unbalanced way, the results can be harmful! 7. How to Achieve Decentralized Scale: ETH vs BTC vs ALGO With the right incentives in place human ingenuity can overcome Blockchain’s current challenges and fulfill its initial purpose. 8. Proving Unconditional Possession of a Private Key: A Short Story Cryptographic key management is an effective way of minimising ways that the security of a blockchain may be compromised when humans begin interacting with it. 9. How Sharding Differs from Sidechains and Plasma Sidechains, Plasma and Sharding are architectures that can serve as the backbone of a blockchain system. Understanding these three architectures is vital. 10. What is So Great About Proof-of-Stake? Attacks are much easier to recover from in Proof-of-Stake. 11. Rollups Are All the Rage What exactly is Rollup technology, what can you expect from it and how will you be able to use it? 12. An In-Depth Look at Blockchain Validation One of the most powerful properties of a blockchain is the fact that every single part of the blockchain's execution can be independently validated. 13. Gitcoin CLR Matching Review Media Grants Gitcoin Media and Tech grants both need to be separated on the basis of matching algorithms. Media mostly requires fixed funding except when its expanding or its combination of media+tech project, whereas tech projects require more and more funding as they grow rapidly or succeeding. 14. Response To Vitalik Buterin "On Free Speech" Kurt Wuckert Jr shares his thoughts on censorship, free speech and Craig Wright in response to Vitalik Buterin. 15. Introduction to Fully Homomorphic Encryption Exploring fully homomorphic encryption which, for a long time been considered one of the holy grails of cryptography. 16. How Are zk-SNARKs Possible? Perhaps the most powerful cryptographic technology to come out of the last decade is general-purpose succinct zero knowledge proofs, usually called zk-SNARKs. 17. What is a Social Recovery Wallet? How do we prevent users' funds from being lost or stolen? 18. A Technical Exploration of Optimistic Rollups in the context of Collaboration Optimistic Rollups (ORU) is a type of layer two constructs that aims to provide low gas and high TPS simultaneously. 19. Bounty Campaigns: From Life To Death As the world of cryptocurrencies develops, new projects started to appear more and more frequently. It was a wonderful time when there were many people on the market with good ideas and not bad intentions. To create their product, these companies needed money to develop. Traditional methods of raising capital were poorly applicable to blockchain companies. 20. How we can Better Understand PLONK Permutations over Lagrange-bases for Oecumenical Noninteractive arguments of Knowledge, or PLONKS are a new general-purpose zer-knowledge proof scheme. 21. What Should We Expect From The Upcoming Release of Ethereum 2.0? Ethereum 2.0 it's coming this year but let's start with the beginning. Ethereum is a cryptocurrency proposed in 2013 and launched in 2015 by Vitalik Buterin, a Russian-Canadian programmer. Ethereum introduced smart contracts based on blockchain technology which enables users to perform trustworthy transactions without the need for a third-party. 22. The Economic Ideology of Crypto and DDLTs (Decentralized Distributed Ledger Technology) In the Beginning... 23. Is There Truth to “Keep Layer 1 Simple, Make Up for It on Layer 2”? One common strand of thinking in blockchain land goes as follows: blockchains should be maximally simple, because they are a piece of infrastructure that is difficult to change and would lead to great harms if it breaks, and more complex functionality should be built on top, in the form of layer 2 protocols: state channels, Plasma, rollup, and so forth. Layer 2 should be the site of ongoing innovation, layer 1 should be the site of stability and maintenance, with large changes only in emergencies (eg. a one-time set of serious breaking changes to prevent the base protocol's cryptography from falling to quantum computers would be okay). 24. Demystifying the Technical Properties of Sharding: Why it is Great Sharding is the future of Ethereum scalability, and it will be key to helping the ecosystem support many thousands of transactions per second. 25. How to Predict Market Behaviour Based on Elections Prediction markets are a subject that has interested me for many years. 26. How Should We Re-Evaluate Our Models of the World? On the internet, "public goods" take center stage. 27. What's wrong with the Token Economy  and How to Fix It Well, if you remember, two years ago, blockchain was so hot a trending, a disruptive technology that seemed to be able to solve all the problems the world has. 28. How a Single Elon Musk Tweet can Change Cryptocurrency Prices Elon Musk tweets about Dogecoin and everyone starts buying: find out how he and other crypto influencers affect the prices of cryptocurrency in this piece. 29. On Free Speech (Apr 16, 2019) 30. On Collusion Special thanks to Glen Weyl, Phil Daian and Jinglan Wang for review 31. Fast Fourier Transform: Scaling Multi-Point Evaluation Fast Fourier Transforms are a key part of algorithms thanks to their ability to multiply large numbers quickly. They have been used in blockchain in a few ways. Thank you for checking out the 31 most read stories about Vitalik Buterin on HackerNoon. to find the most read stories about any technology. Visit the /Learn Repo

31 Stories To Learn About Vitalik Buterin

Let's learn about via these 41 free stories. They are ordered by most time reading created on HackerNoon. Visit the to find the most read stories about any technology. Cryptoeconomics /Learn Repo Economics is the science of wealth, said Adam Smith. Cryptoeconomics is the art of beating around that bush, confessed no "cryptoeconomist" ever. 1. Can Bitcoin Hit 1 Million Dollars? We are quite a number of years away from million dollar Bitcoins. I predict Bitcoin will NEVER get to one million dollars due to historical precedents. 2. Is Dogecoin Worth a Dime? - All Things Doggie Are Good Dogecoin is holding at a nickel so a dime seems possible. Crypto is SO volatile, there is no actual set value in your head. 3. The Crypto Economy is Too Conservative and it’s Your Fault This may be crypto’s largest problem right now: It rewards repetition, instead of innovation. Here's what you can do to help. 4. Litecoin: Lite On Love LTC is the cryptocurrency world’s ultimate wallflower. 5. What's The Real Cost of Running a DApp on an EOS Network? [A Deep Dive] Before you think about deploying your EOS decentralized application (DApp) to a blockchain network, as a developer and system planner you should study in detail the cost to run your infrastructure on a public shared network with a limited amount of resources to be consumed. The storage cost and execution cost on a public blockchain network are higher than in any cloud provider like Amazon Web Services, Google Cloud or Microsoft Azure. 6. Bitcoin in the Age of Deflationary Policies Foreword: You may not be aware — particularly if you live in the United States— but the global economy is now entering uncharted territory as negative interest rates become reality in Europe and elsewhere. Suddenly the financial media (sponsored in no small measure by global banks) are working overtime to ‘educate’ the masses as to why the practice of paying your bank to hold your cash makes perfect sense. (They conveniently forget to mention that they will immediately lend your money to other customers, but good luck getting negative rates as a borrower!) 7. Narrative Cryptoeconomics: Part 1 The emergence of open blockchains as one of the most hyped technologies of the past decade has led to the birth of cryptoeconomics, a discipline that combines computer science and economics to effectively design decentralized digital systems. 8. Everything You Ever Wanted To Know About Reg A+ Offerings Historically, companies raise funding through public (stock market, available to all) or private (high-amount investments from accredited investors, called Regulation D) means. 9. Machine Economics [Part II]: Blockchain will Trigger a Machine-Economy Explosion (NB this is part 2 of my Machine Economics series. Feel free to read Part 1, although this piece can also stand alone) 10. Cryptoeconomics 102 Before me, Nick Tomaino discerned cryptoeconomics 101 as the study of economic interaction in adversarial environments. This article will try to venture little deeper into the economics of cryptography. 11. Fed Up with Banks? Welcome to the Crypto Club. Failing banking system, cryptocurrency adoption, DeFi, cross-border payments, and other financial aspects that should evolve to brink the unbanked into the game 12. 3 Tips in Crypto Trading From Ukrainian🇺🇦 Traders A very interesting point, scalping for the USA is trading on a chart, in Ukraine, they came up with a special tool for this and a number of strategies for it. Y 13. An Intro to Cryptoeconomics in 2022 Learn the meaning of cryptoeconomics and the importance of cryptoeconomic design in maintaining decentralized networks. 14. How Libra Changed the Design and Expectations for Other Digital Currencies What should digital currency operators consider before creating one ? 15. Using Gem to Find NFT Mints 💎 Gem is an NFT marketplace aggregator. 16. Indonesian Celebrities Enter the Crypto Market Currently, Indonesia is entering the Celebrity Crypto phase, where celebrities in Indonesia are starting to create cryptocurrency projects. 17. The Instability of Stablecoins Three months ago we held a vigil for the death of the cryptocurrency bull market. Last month, my HodlBot portfolio went up by 50%. What a wild ride. 18. Party Protocol: What to Expect from PartyDAO's New Offering 🎉 PartyBid’s on the verge of getting a huge makeover, and a big part of this evolution will stem from the capabilities afforded by its underlying tech. 19. Blockchain for Public Good With programmable money, we can program our values into our money to fund, sustain, and thrive public goods. 20. Exploring the Boom in Open Edition NFT Drops 📈 OE drops involve a creator or project releasing an NFT with no hard supply cap, and they can come in different styles. 21. The NFT Economy is Bouncing Back🎉 22. An Essential Guide to the NFT Skill Tree The “NFT skill tree’ is a list of all the skill sets you can learn from advancing through all the main categories of NFT activity right now. 23. How Can Crypto and Central Bank Digital Currency (CBDCs) Help Communities At the moment, it’s hard to see sustainable benefits that would outweigh the enormous cons of introducing retail CBDCs. 24. Will High Gas Fees Pose a Roadblock to Blockchain Adoption? The transaction fees associated with Ethereum are likely to stand in the way of its mass adoption by increasing the cost of using the cryptocurrency. 25. EOY NFT Trends to Keep an Eye On NFT activity is picking up like never before at this year’s end. Apple is blocking NFT sends in Coinbase Wallet. 26. When, Why, How, and How NOT to Begin Investing in Cryptocurrencies I, Viktor Kochetov, CEO at Kyrrex, a digital wallet and professional cryptocurrency
trading platform, reflect on crypto investment, popular delusions and sheds light on wise investing practice. 27. 3 Takeaways From the Crypto Winter That Tell Us Why DeFi Is Still Failing Investors in crypto/DeFi startups are realizing that crypto still has three fundamental problems that make it unattractive. 28. 7th US President Andrew Jackson's Thoughts on Cryptocurrency What we can learn about the decentralization of money and decentralization from the 7th US President. 29. What's wrong with the Token Economy  and How to Fix It Well, if you remember, two years ago, blockchain was so hot a trending, a disruptive technology that seemed to be able to solve all the problems the world has. 30. Money Printer Goes Brrr: Fraud, Confidence, And The Impact of Role of Stablecoins in Crypto This article would like to dig deep into the root clause and discover and uncover the reasons behind the glory of stablecoin, which alarm us all. 31. How Chicago Can Nuke Out its Crypto Ambitions Chicago seeks to ride the Bitcoin train back to relevance. Here is how they can do it. 32. Blockchain Governance: Everything You Ever Wanted To Know The following curriculum is updated periodically with new modules and readings. The last update was made on August 20th, 2020. If you are interested in... 33. The Revenge of Cute NFTs 😊 Lately the NFT space’s meta pendulum has swung decidedly back in the other direction of collections that are considered to be in the "Cute NFT" category. 34. Using Crypto for Other Investments Is it a good idea to use cryptocurrencies to pay for other investments? 35. Decentralized vs. Centralized Exchanges: a Comparative Analysis I, Viktor Kochetov, CEO at Kyrrex, a digital wallet and professional cryptocurrency
trading platform, put centralized and decentralized exchanges on the scales, weigh the pros and cons, and provide traders with food for thought in their decision making. 36. The report on Cryptoeconomics Moscow Meetup #5: zk-cryptography The 5th Cryptoecon Meetup has finished, and it’s time to make a short summary of everything that was discussed there. So far, it was the most interesting meetup among all that we have conducted. Zk-cryptography was discussed and it featured three guests, each of them with his own topic of progressing complexity. We wish to thank RAHIB and CryptoAcademy for the aid in organization! 37. Travel & the Crypto Revolution: The Opportunities and Challenges Jeremy Foo, Founder and CEO at TripCandy's views on how the travel industry is being affected by the crypto revolution and what he expects from it in the future 38. The infrastructure of Kick Ecosystem We launched KickICO in 2017 to create a safer means of raising capital for enterprises in the blockchain sector, and to open that safer new channel to a community of investors. 39. Time, Space, and DACs: The Way Ahead While regarding how to form a DAC, people are too optimistic or ideal. It seems DAC will start from scratch by itself when connecting people (it's definitely not, remember the Guild that the Mandalorian has joined, it is a typical DAC, you can see how complicated it is), no clear path was given or discussed so far. DAC would be the mainstream value creation entity in the Value Internet Era. 40. Why “Digital Fiat Currencies” Need to be Based on Data Value This article is in response to the announcement that the US is considering creating its own digital fiat currency, or "CBDC" (Central Bank Digital Currency), to improve “financial governance”. 41. Examining Ethereum Under A Microscope: Is There Really a Method to the Madness? tldr; Below is a hefty and yet still somehow high-level overview of Ethereum. The roughly 5-year-old project has emerged as one of the most exciting and proven projects in the cryptocurrency space while somehow still encompassing the most risk and arguably, upside of any crypto-project. This dichotomy has allowed Ethereum to act as a sort of magic mirror for those in the industry. Fanboys and detractors alike can look into the project and see what they want to see: the 2nd-most successful crypto-project with product-market fit and an army of developers behind it or a nascent, experimental Frankenstein so complicated it would make Rube Goldberg blush. Thank you for checking out the 41 most read stories about Cryptoeconomics on HackerNoon. to find the most read stories about any technology. Visit the /Learn Repo

41 Stories To Learn About Cryptoeconomics

The success of The Merge and the subsequent Shapella hard fork showcased Ethereum's ability to smoothly ship significant network upgrades. However, this transition was not without its challenges and learning curves. Over the past year, Ethereum’s journey has been punctuated by encounters with malevolent entities, unintended software anomalies, and disparities in value distribution. As we mark the one-year anniversary of The Merge, we wanted to take a moment to review some of the significant advancements that have redefined the Ethereum ecosystem as well as their positive and negative impacts on the network, its end-users, and the critical actors in the MEV supply chain. TL:DR several of the key lessons we learned included: The pursuit of maximum profits fuels centralization at the core of the network. Vertically integrated Searcher/Builders have proven positive economics, while credibly neutral Builders struggle to find margin and hence revenue/profitability. MEV-Boost Relay operations are effectively a 100% risk, 0% reward situation. Based on the latest in ePBS research, trusted third-party Relays at the core of the network will be a fact of life for the foreseeable future. Sanctions – and OFAC SDN specifically – played an unexpected role in shaping the staking and PBS landscapes. Promises of ‘protecting’ users from the adverse effects of MEV remain to be fully proven. MEV-Boost and Proto-PBS The Merge and the migration from Proof-of-Work to Proof-of-Stake was the most consequential upgrade to the Ethereum network so far. The Merge brought , enabling the decoupling of the technically intensive act of block building from the decentralized consensus act of block proposal. Proposer/Builder Separation (PBS) In-protocol PBS – aka enshrined PBS – was not ready at The Merge. To enable the outsourcing of block production, the Ethereum Foundation partnered with Flashbots to develop a ‘temporary’ outside-the-protocol block auction approach known as MEV-Boost . MEV-Boost bridged the gap between Block Builders and Block Proposers – that is, the Validator who is randomly selected to be the tip of the chain and hence proposes the contents of the next block to the network. MEV-Boost introduced net-new actors known as Relays to act as trusted intermediaries between Block Builders and Proposers. These Relays effectively serve as block auctioneers that make sure Builders are honest in their bids to Proposers, and that Proposers cannot steal the MEV bundles from Builders or Searchers. MEV-Boost and Relays saw explosive adoption among validators thanks to the increase in block value that specialized Block Builders can generate. In the last 30 days, that landed on-chain were outsourced to independent Block Builders via the MEV-Boost network, with the average MEV-Boost block being than locally created blocks. 96% of all blocks 5.57x more valuable Occasionally, a rare high-value block could pay out tens of thousands of dollars, with even rarer single block rewards going as high as – over $1.0 million USD (!!) at the time. 691 ETH Block Building: The Fight to Stay Competitive Block building has become increasingly competitive, given the current full-block auction model of MEV-Boost. That is, each block auction results in a single auction winner who wins the exclusive right to build the entire block – and many auction losers. To gain an edge, some Block Builders have become vertically integrated with Searchers, adding proprietary order flow to their blocks and enabling differentiated MEV profits. This has resulted in neutral builders struggling to sustain revenue. In the last 14 days, ~75% of the blocks on the Ethereum network were built by just three block builders—two of which are vertically integrated Searcher/Builders. Source: https://mevboost.pics/ Slashing: How a New Attack Vector Enabled a Malicious Validator to Steal Millions On April 3rd, the Ethereum network witnessed a new class of attacks . The attack broke the assumed atomicity of MEV bundles and extracted roughly $25 million in gains from a handful of unprotected MEV Searcher bots. from a malicious Validator In response to this class of attack, Relays now publish their blocks to the beacon network before returning them to the Proposer. And if this fails, the Relay network does not return a payload to the Proposer at all. MEV-Boost Relays Today: 100% Risk, 0% Reward In the world of Proposer/Builder Separation, Relays play a pivotal yet undervalued role. Relays impact the entire MEV supply chain, from Searchers to Block Builders to Validators, connecting these untrusted stakeholders in a symbiotic, permissionless transaction ecosystem. Through Relays, Validators can outsource block production to Block Builders, enhancing the ecosystem's efficiency and economic security while measurably increasing Validator revenue. Yet, despite this critical role, . In practice, Relays sometimes have negative rewards. Relays are essentially operated as public goods. Relays currently lack any economic rewards Today, the Relay landscape is increasingly centralized, with just seven unique Relay operators controlling more than 1% of the MEV-Boost network. If Relays fail to do their job(s), Validators suffer missed slots, or worse, malicious actors can exploit the network. MEV-Boost Relays are effectively 100% risk with 0% reward, with a small number of actors participating. While Relays were only meant to be temporary until ePBS, they have proven to be critical for the security and orderly operation of the chain and are unlikely to go away for the foreseeable future. It might be only a matter of time before we see vertically integrated Searcher/Builder/Relays as Relay operators cast about for sustainable economics. A Rise in MEV Awareness and MEV Protection Over the last year, MEV awareness has grown. Transaction originators began to understand the negative impact frontrunning and sandwich bots had on transaction settlement. Innovative products emerged to combat these negative externalities, such as: Private transaction RPC endpoints that enable users to send transactions privately to Block Builders Order Flow Auctions (OFAs) that enable private transactions to be backrun by MEV searchers with a percentage of the profit being shared with the user : Blocknative’s MEV protection aggregator that enables sending to all available builder and OFA RPCs. Transaction Boost The network has seen a surge in private transactions as users attempt to shield themselves from MEV, with private transactions on-chain jumping from about 5% pre-Merge to nearly 15% today. However, the MEV protection ecosystem has a ways to go to truly protect users. An analysis using the has shown that private transactions receiving front-running protection do not necessarily result in better settlement. Blocknative Mempool Archive Counterintuitively, our analysis of public and private transactions revealed that many users who sent their transactions privately incurred more slippage than those who sent them publicly. We expect the MEV protection market to continue to evolve. In the long run, users should not have to worry about the complexities of MEV. We believe that forward-thinking wallets will play a critical role in protecting their users from the ill effects of MEV and providing the best settlement outcomes. Looking Ahead By building and operating a Block Builder and Relay from scratch, we have learned from the complexities of the MEV supply chain firsthand as an active, in-the-transaction-flow participant. These insights have inspired us at Blocknative to create new functionality to help protect Web3 users.

Ethereum Merge One Year Later: What We've Learned about Block Building, MEV-Boost, and Relays

Fusión de Ethereum un año después: lo que hemos aprendido sobre la construcción de bloques, MEV-Boost y retransmisiones

Fusion d'Ethereum un an plus tard : ce que nous avons appris sur la construction de blocs, le MEV-Boost et les relais

एक साल बाद एथेरियम का विलय: हमने ब्लॉक बिल्डिंग, एमईवी-बूस्ट और रिले के बारे में क्या सीखा है

1 年後のイーサリアム マージ: ブロック ビルディング、MEV ブースト、リレーについて学んだこと

Ethereum Merge um ano depois: o que aprendemos sobre Block Building, MEV-Boost e Relays

Hợp nhất Ethereum một năm sau: Những gì chúng tôi đã học được về Xây dựng khối, MEV-Boost và Rơle

以太坊合并一年后：我们对区块构建、MEV-Boost 和中继的了解

Let's learn about via these 30 free stories. They are ordered by most time reading created on HackerNoon. Visit the to find the most read stories about any technology. Trust /Learn Repo 1. NoodleShop: Seeking All Talents and Entrepreneurs Discover NoodleShop, the innovative decentralized platform revolutionizing the gig economy. 2. How to Wrangle Your Code Monkeys Code monkeys are notoriously strong-willed, and can be particularly hard to break. Here, we’ll outline a few ways in which you can whip your code monkeys into shape. First things first, don’t trust them as far as you can throw them. Code monkeys will go off on a lark at the first opportunity, not returning for days on end as you wonder what’s going on. Oftentimes, they’ll come back with some godawful interface for doing some obscure thing you don’t care about, something that has nothing to do with your bottom line. 3. "Hackers Need To Get Lucky Only Once" - Excerpts on Fighting Crypto Hacks, Theft and Fraud What do trust & safety leaders expect in 2022 with the rise of blockchain and crypto? Find out why next year is the year for compliance, regtech, trust & safety 4. Get Ahead in Business With the KLT Method: Know, Like, and Trust How do we become better known, better liked, and more trustworthy? These are the 3 main aspects of influencing anyone in life. 5. Trust Minimization and Decentralized Internet: Interview with Josekrypto Decentralization is one of the most important aspects of the internet, and it is something that we should all fight to protect. It ensures that the power remain 6. The End of the Hidden Crypto Business Era Following the recent FTX crises, this article explores the nature of trust in crypto and how it relates to privacy, transparency and the future. 7. To Trust or Not To Trust? That is the Question Never Trusting Anybody, and the Impact it Had on Me 8. How Managers Can Build Trust With Employees At Work Establishing trust with teams is only possible when managers can match actions with words. Find out how to do so successfully. 9. Sell Trust, Not Technology Trust is foundational to all human relationships. You put your lives in the hands of strangers every day, whether it's the water-control company, the barber, the taxi driver, or the train operator. 10. In Asymmetry WE Trust...And So Should You We are in transition to a new world order. 11. Delivery Manager In Your Early 20s: The Secrets To Rapid Career Growth In this article, Karyna Prykhodko, a Junior Delivery Manager at Innovecs, shared secrets and useful advices to rapid career growth. 12. Trust Isn’t Just Black and White Hypothetical thinking can help you trust in a more flexible, mature, and proactive manner. 13. How to Deal with Tech Trust Deficit We’re more dependent on tech and e-commerce than ever before, and customers want to know that brands are protecting their data and privacy. 14. How we hacked Hacker Noon's "Most Exciting Startup" award and won A cautionary tale of democracy online and why identity-based security is critical for elections large and small. 15. Trust - The True Innovation in Blockchain? Is trust is the major innovation of Blockchain technology. Can this technology help build trust again? 16. Cryptocurrency: Redefining Trust and Money This article lays out a high-level outline of the building blocks of a revolutionary technology called cryptocurrency. Read on to find out about cryptocurrency 17. Building Your Consumer's Trust As A Direct-To-Customer Brand [A How-To Guide] A recent Deloitte Insights report talks about embedding trust in the Covid-19 recovery phase, in a world dealing with severe trust deficit. Edelman's Trust Barometer 2020 report talks about how none of the four pillars of government, business, NGOs and media are trusted, in competence or ethics or a combination of both. 18. Understanding Data Usage Control in a Smart City Learn how data usage can be controlled in smart cities? 19. The Good and Ugly Sides of Crypto: What Is the Role of Public Goods Communities? Can public good communities significantly decrease the case of scammers in crypto? 20. The DAO Transparency Index: Measuring an Organization's Transparency & Trust Measuring a Decentralized Organization's Transparency: A Proposed Framework to Develop a Flexible Standard 21. Corporate Cybersecurity Should Include Trust, Accountability, and Culture Having good Trust, Accountability, and Culture is like having a good immune system for your body - less of a need to visit a doctor AKA Security Professional. 22. How To Be Responsible For Your Own Growth We all want to have a good relationship with our managers, work on impactful projects that help us advance our career, want to be highly regarded in our line of work and be trusted and respected by others. But, how often do we take charge of our own growth? 23. The Day we Started to Protect DevOps with Blockchain I still remember February 2018 very well. Many people were in a really bad mood when it came to Blockchain or Distributed Ledger Technology (DLT), mainly because the price of most cryptocurrencies made a nose dive and the Disillusionment started. 24. Technical Debt and the Obfuscation of Truth "Tyranny without the tyrant" - Hannah Arendt 25. Ethical Design for Growth Marketing in Digital Commerce Why is ethical design crucial in the digital world? How will it supplement the growth marketing avenues? How do customers trust the brands? Here's how. 26. Big Tech, "I Want To Tell You That I Love You" Credit : Emmanuel Chaligné 27. 4 Ways to Build Trust as a Leader We have all had relationships that are built on trust and those that are not. If you look back to those experiences, you can clearly say that there’s a significant difference between them. Not only in the quality of your experiences, but also the outcomes you achieved. 28. Comparing Algorand and Libra: The Road to Decentralization August 12, 2019 29. The Instagram of Trust: How to Redesign the Architecture of Trust in Products 30. A Trusted Future: Privacy Computing Public Chains Users enjoy personalized services provided by big data, which brings great convenience to life, but the information collected includes sensitive information suc Thank you for checking out the 30 most read stories about Trust on HackerNoon. to find the most read stories about any technology. Visit the /Learn Repo

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