Symbiotic Mainnet Launch: A New Era of Decentralized Security
Symbiotic, a shared security protocol featuring slashing, has successfully launched on the Ethereum mainnet after two years of diligent development
> Symbiotic is a fully permissionless shared security protocol active on Ethereum
> The protocol offers a modular framework, enabling networks to tailor their security configurations without sacrificing sovereignty
> Several blockchain projects, including Capx, Radius, HyveDA, and Hyperlane, are integrating Symbiotic’s capabilities
> At the heart of Symbiotic are "Vaults," which are smart contracts that facilitate flexible stake delegation while providing robust security assurances
> Symbiotic is committed to solving key issues within the blockchain ecosystem, such as scaling operator participation and enhancing capital efficiency
> The protocol's goal is to enable genuinely sovereign and decentralized networks to thrive, providing a stable and immutable foundation for shared security
Next Level Development: Movement Network Developer Mainnet Launches
The Movement Network Foundation has officially launched its Developer Mainnet, allowing select teams to begin deployment
> The Developer Mainnet is now operational, marking the second phase of the launch plan
> This phase includes the deployment of core infrastructure, selected applications, and the availability of technical documentation and developer resources
> The Developer Mainnet will remain active until mid-February
> The previous phase, Mainnet Beta, introduced follower nodes, RPC nodes, indexers, permissioned smart contracts, and a block explorer
> Looking ahead, the Public Mainnet Beta aims to provide full permissionless app deployment and user onboarding
> Movement Network is designed for modularity and leverages Celestia technology
> Noon Capital - The Most Intelligent Stablecoins
https://x.com/eli5_defi/status/1884262674126836222
Eli5DeFi News Recap
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————
⭐️HIGHLIGHTS ⭐️
> Venice - Launches VVV Token: Bridging AI and Blockchain
> Tuttle Capital - Files for Groundbreaking Leveraged Crypto ETFs Featuring TRUMP and MELANIA Memecoins
> KuCoin - Admits Guilt: The Implications of Unlicensed Money Transmission
> Bitcoin Mining - Stocks Plunge: Core Scientific and Cipher Mining Biggest Losers in the AI-Driven Selloff
> Nvidia - Historic $600 Billion Market Cap Collapse
————
⭐️ELI5 THREAD ⭐️
> Deepseek x deAI x DePIN
> Hivello - The Ultimate DePIN Aggregator
> Project Spotlight Week 4/2024
———
⭐️ NEWS⭐️
> OpenSea - Snapshot Success: 49,785 Wallets Eligible for OS2 Beta Launch
> Jupiter - Acquisition Spree: Expanding Influence or Threatening Decentralization?
> Scott Bessent - New Treasury Secretary's Approach to Crypto
> Cboe BZX - Proposes In-Kind Redemptions for Bitcoin and Ethereum ETFs
> Backpack - Introduces Interest Bearing Perpetuals: A New Era in Margin Trading
> Tunnl - Launches Yaps Campaigns: Transforming Onchain Marketplaces
> Coinbase Assets - Add Support for Venice Token (VVV) on the Base Network
> Wintermute - Deposits 69.33 Million USDC to Binance
> US Stock Market - Meltdown: The Shocking $787 Billion Drop
———
⭐️ BOOKMARKED ⭐️
> Hyperlane - The Era of Interoperable AI Agents: Bridging the Multi-Chain Economy
> 2077 Research - Unlocking Ethereum's Future: The Power of Native Rollups
> cookies - Integrating AI and Crypto: A Look at Innovative Projects
> Elon Musk - The D.O.G.E. Initiative: Blockchain as a Cost-Cutting Tool
> Caroline Pham - Initiates Crypto and Prediction Market Roundtables
> Robert Nishihara - Harnessing Computational Power for Superior Data Generation in AI
> Arthur Hayes - Bitcoin Price Dips Amid AI Competition
> Ethereum Developers - Pledge Cooperation as Ethereum's Wartime Reckoning
> Simon Willison - Nvidia's Competitive Landscape: Challenges and Responses
> cookies - Securing Privacy in AI: The Role of Federated Learning
———
⭐️ FUNDING⭐️
> Analog - Raises $5 Million
> Pixion Games - Raises $12.4 Million
———
⭐️ TESTNET/ AIRDROP⭐️
> N/A
Nous Psyche - Democratizing Superintelligence
Nous Research has unveiled Psyche, a decentralized, open-source platform built on the Solana blockchain designed for training and deploying AI models
> The core technology, Nous DisTrO, significantly optimizes bandwidth usage, enabling scalable AI model training
> The testnet for Psyche focuses on refining distributed machine learning training while enhancing fault tolerance and curbing on-chain transactions
> Nous Research plans to harness Psyche for training and deploying its next-generation language models, including the Hermes series
> The decentralized nature of Psyche fosters open innovation and addresses concerns regarding centralized control in AI development
> Psyche incorporates cryptographic mechanisms to incentivize GPU owners to participate in model training
https://x.com/IterIntellectus/status/1883915484426588440
Читать полностью…
Hydration for Your Stablecoins
https://x.com/eli5_defi/status/1883907914043371973
> Deepseek x deAI x DePIN
https://x.com/eli5_defi/status/1883862544487723497
> Hivello - The Ultimate DePIN Aggregator
https://x.com/eli5_defi/status/1883817286299209860
Eli5DeFi News Recap
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————
⭐️HIGHLIGHTS ⭐️
> Jupiter Exchange - Taking $JUP to New Heights: 50% of Protocol Fees for Buybacks
> BlackRock - Massive Bitcoin Acquisition: A $1 Billion Investment
> Indonesia - Cryptocurrency Trading Soars: 335.9% Increase in 2024
> Brian Armstrong - Rethinking the Token Listing Process at Coinbase
> Arthur Hayes - The Ugly Truth: Forecasting a $70k Bitcoin Correction
> nic golden age carter - Deepseek's Disruption: Challenging AI Industry Standards
————
⭐️ELI5 THREAD ⭐️
> Project Spotlight Week 4/2024
> Mantis - The Key to DeFAI
> Roam Pilot Burning Pool
> zAI - Zentry Agentic Layer
———
⭐️ NEWS⭐️
> Abstract - Announces Abstract Mainnet Registration Open Launch on January 28: Secure Your Spot!
> LiquidLaunch - Pioneering Decentralized Token Launches on Hyperliquid
> Petrobras - Embarks on Bitcoin Mining and Blockchain Innovation
> Dean Norris - Targeted by Crypto Scam: Twitter Account Hacked Again
> Pump.fun - Breaks Revenue Records with $15.5 Million in Fees
> griffain - Launches the First Agent-Powered Coffee Shop: A New Era in Retail
> Metropolitan Museum - Launches 'Art Links': Blockchain Game in the Vein of New York Times Connections
> Deepseek - The Catalyst of China's AI Price War
> OndaLink - Connecting Users Through Real-Time Communication Across The Web
———
⭐️ BOOKMARKED ⭐️
> Tulip King - Market Insights: Navigating the Next Wave of Crypto Dynamics
> Changpeng Zhao - Staying Steady: The Power of Fundamental Investing
> Andrew Kang - The Attention Economy: How $TRUMP Dominates Memecoin Market
> Michael Saylor - Volatility as Opportunity: A Faithful Investor's Guide
> Paolo Ardoino - Rumble Wallet 2.0: Your AI-Powered Financial Companion
> iZUMi Finance - Advocates for Sustainable Token Buybacks
> wublockchain12 - Accelerating Innovation: Vitalik Buterin on Phasing Out Groth16
> RVM - Luring in the Wilderness: The Dark Side of RuneScape PVP
> Carl Franzen - The Disruptive Impact of DeepSeek on the AI Landscape
> fejau - The End of the NFT Cycle: A Meme Coin Perspective
> Jeffrey Emanuel - Nvidia's Valuation vs. Competitive Threats: A Contrarian Perspective
> BREAD - Enhancing Social Sign-Ins with EAS/Kaito API Integration
> cookies - Exploring Tribe.run: A New Era of Token-Gated Communities
> arndxt - Revolutionizing Wallets: The Magic Newton Approach
> Rob Hadick - TRUMP Token: A Case Study in Onboarding Misconceptions
> Haseeb - Assessing the Impact of TRUMP Token: A Close Look at On-Chain Engagement
> LambdaClass - Exploiting Security Bugs in Succinct's SP1 zkVM: A Collaborative Discovery
> Fishmarketacad - Monadvantage: Enhanced Efficiency for DeFi Developers
> Illuvium - Transforming the Gauntlet: A Strategic Evolution
———
⭐️ FUNDING⭐️
> N/A
———
⭐️ TESTNET/ AIRDROP⭐️
> N/A
Eli5DeFi News Recap
Support us by subscribing :
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————
⭐️HIGHLIGHTS ⭐️
> Brian Armstrong - Why Bitcoin Could Surpass Gold as a Currency
> elizaOS x Jupiter - Announce the $10M MAGIC FUND: A New Era for OS AI Development
> Yash Agarwal - Exploring the Top SocialFi Apps on Solana: A Comprehensive Guide
> Balaji - Reimagining Interest Rates: The Market's Role vs. Central Banking
> Jito - Processes Over $122M in SOL Tips Over 7 Days, Annualizing to $6.38B
————
⭐️ELI5 THREAD ⭐️
> Project Spotlight Week 4/2024
> Mantis - The Key to DeFAI
> Roam Pilot Burning Pool
> zAI - Zentry Agentic Layer
———
⭐️ NEWS⭐️
> NoOnes Cryptocurrency Platform - Suffers $8 Million Hack Due to Solana Bridge Exploit
> Ohio - Proposes Bitcoin Reserve to Combat Inflation
> Bitcoin Options - Worth $7.8 Billion Set to Expire: What It Means for Investors
> THORChain - Voting for $RUNE Holders: A New Treasury Reallocation Initiative
> Huma Finance - Launches $HUMA Token on Jupiter's LFG Launchpad
> PumpBTC Berachain - A Collaborative Crypto Haven
> JupiterDAO - Unveils LFG V2: A New Era for Project Marketing with Seamless Tech Solutions
> Usual - Launches Usual Stability Loans: A New Era for USD0 Borrowing
> Jupiter - Enhances USDC Utilization: A New Proposal for JLP Deposits
> Moonshot Alpha - Reports $VINE Now Verified: 29.43% Increase in Just 24 Hours!
———
⭐️ BOOKMARKED ⭐️
> 0xyanshu - From Complexity to Simplicity: Enhancing Crypto UX through Intents
> Georgios Konstantopoulos - Fast-Tracking Ethereum: Insights from Matt Huang, Dan Robinson, and Charlie Noyes
> joseph.eth - EthStrategy: Redefining Onchain Investment Strategies
> nixo - Navigating Ethereum Upgrades: A Guide for App Developers
> Delphi Digital - Why $Pengu is Set to Dominate Consumer Crypto in 2025
> Paradigm - Urges Swift Development in Ethereum: 'Get There Faster!'
> xAI - Enhancing Your Experience: New Features in Grok for Sports and Finance
> CoinDesk - Exploring the Future of Digital Assets at #ConsensusHK
———
⭐️ FUNDING⭐️
> N/A
———
⭐️ TESTNET/ AIRDROP⭐️
> N/A
The Next Frontier in AI: Nillion and Eliza Redefine Secure Interactions
Nillion has unveiled an exciting integration with Eliza, significantly enhancing user experience and data privacy
> This partnership allows users to seamlessly access their SecretVault within Eliza's chat interface, simplifying the processes of storing and retrieving confidential information
> With this integration, Nillion aims to make managing sensitive data more intuitive and user-friendly
> By providing a secure framework for agent-to-agent communication, the integration opens up new possibilities for AI systems to interact privately and efficiently
> By combining Eliza's intuitive user interface with Nillion's robust security features, the integration seeks to democratize access to secure data handling
> This endeavor is part of a broader trend in technology where user-friendly design meets rigorous security measures, ensuring that privacy is maintained without compromising usability
Nillion's integration with Eliza represents a significant step forward in fostering secure communication for both users and AI agents, setting a new standard for data privacy in digital interactions
https://x.com/virtuals_io/status/1883107553183162507
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Eli5DeFi News Recap
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————
⭐️HIGHLIGHTS ⭐️
> BlackRock/iShares - Enables In-Kind Creation for Bitcoin ETF $IBIT
> MicroStrategy - Announces $1.05 Billion Convertible Notes Redemption Amid Crypto Tax Concerns
> US House Oversight Committee - Probes Alleged Crypto Debanking
> Animecoin (ANIME) - Surges to $350M Market Cap Within 24 Hours of Launch
> The Scoop - Spot ETFs and Their Impact on Crypto Markets: Insights from Cambrian Asset Management President Tony Fenner-Leitão
————
⭐️ELI5 THREAD ⭐️
> Mantis - The Key to DeFAI
> Roam Pilot Burning Pool
> zAI - Zentry Agentic Layer
———
⭐️ NEWS⭐️
> MegaForge - The Builder's Hub for the Mega Civilization
> World Liberty Financial Portfolio - Surges to $380M
> Andreessen Horowitz - Shuts Down UK Office Amid Strategic Refocus
> Bank of Japan - Raises Rates to 0.5%, Marking a 17-Year High
> Ray Youssef - Confirms $8 Million Security Breach Following Crypto Sleuth's Investigation
> Nasdaq - Files Rule Amendment for iShares Bitcoin Trust
> Grayscale and CoinShares - Push for ETFs Tracking XRP, Litecoin, and Solana
> zkVerify - A Modular Solution for Scalable Zero-Knowledge Proofs
> TRUMP Token Frenzy - Pushes Solana Stablecoin Supply to $10 Billion
———
⭐️ BOOKMARKED ⭐️
> Conor - The Explosion of Crypto Tokens: 100 Million by 2025
> c4lvin - Why MegaETH Stands Out: A Researcher's Perspective
> Alea Research - The Big Fart Bang: Unveiling the $FARTCOIN Thesis
> Alexandr Wang - DeepSeek's Massive Hardware Arsenal: 50,000 NVIDIA H100 GPUs
> Bram Van Roelen - Your Branding Sucks: Lessons from DeFi Success Stories
> OurNetwork - Hyperliquid Surges to Market Dominance: Captures 64.8% of the Perpetual Market with a Record $21B Daily Trading Volume in January 2025
> Jason Shubnell - President Trump Prioritizes Crypto: Federal Framework and Working Group Announced
> Sarah Wynn - Trump's Executive Order: A Digital Asset Stockpile or Reserve?
> Yash Agarwal - Top 18+ Social/SocialFi Apps on Solana in 2025
> Luca Franchi - DePIN in Fast Food: How Taco Bell and KFC Are Embracing Decentralized Technology
> Nelson Wang - EasyA Hackathons: Building the Future of Web3 Beyond 'Bounty Hunters
> Bailey Reutzel - AI and Web3: Unlocking a Powerful Synergy
———
⭐️ FUNDING⭐️
> Fogo - Raises $8 Million
> Radius - Raises $7 Million
———
⭐️ TESTNET/ AIRDROP⭐️
> N/A
> Mantis - The Key to DeFAI
https://x.com/eli5_defi/status/1882865988393394464
Native Rollups: Ethereum's Path to Scalability and Security
Ethereum's "native rollups," a novel Layer 2 scaling solution that utilizes a new execute precompile
> Native rollups harness Ethereum's state-transition function (STF) for verification, which minimizes the need for custom implementations and mitigates security risks
> The Execute Precompile: This serves as a verifier for rollup state transitions, inheriting Ethereum's validation framework and reducing governance burdens
> By eliminating the need for security councils or multisignatures, native rollups provide greater security and improve scalability through efficient off-chain zk-proof verification
> Native rollups are anticipated to be categorized into three groups: enterprise, performance-focused, and aligned native rollups, each with unique strengths and trade-offs
> The shift to native rollups may introduce additional development overhead for existing rollups that use customized EVM implementations
Movement Developer Mainnet is Live
https://x.com/movementfdn/status/1884270468586508535
> Avalon x Pendle
https://x.com/eli5_defi/status/1884163264348926026
Venice.ai - A New Dawn for AI Agents with VVV Token
Venice.ai introduced the VVV token to facilitate access to its AI inference API
> 50% of the VVV tokens were airdropped to existing Venice users and AI community projects
> By staking VVV, users can gain free access to Venice's API for generative text, images, and code
> The tokenomics of VVV feature a limited supply with annual emissions allocated to stakers
> Venice aims to be a privacy-focused alternative, distancing itself from centralized AI platforms
> The system is designed to minimize economic friction for AI agents by removing per-request payment for inference
> Staking VVV not only offers potential negative marginal costs for inference but also provides staking rewards
Eli5DeFi News Recap
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————
⭐️HIGHLIGHTS ⭐️
> Abstract Chain - Launches on Mainnet: Pudgy Penguins' Ethereum Layer 2 Solution Goes Live
> MicroStrategy - Expands Bitcoin Holdings with Recent Acquisition of 10,107 BTC
> Maple Finance - Unveils Revolutionary 'Lend + Long' Crypto Product for Institutions
> Sam Reynolds - DeepSeek Disrupts AI Market: A New Era for Tokens?
> ETH Strategy - Reinventing DeFi: A New Era for Institutional Investment
————
⭐️ELI5 THREAD ⭐️
> Deepseek x deAI x DePIN
> Hivello - The Ultimate DePIN Aggregator
> Project Spotlight Week 4/2024
———
⭐️ NEWS⭐️
> Humanity Protocol - Achieves $1.1 Billion Valuation with New Funding
> DeepSeek - Reports Service Degradation Due to Cyberattacks
> Meteora - Introduces M3M3: A Revolutionary Stake-to-Earn Model for Memecoins
> Hyperliquid - Achieves Record Monthly Perps Volume of $157 Billion
> DeepSeek - New Policy: Exclusively Registering China Mobile Numbers
> Ripple - Expands U.S. Footprint with New Money Transmitter Licenses
> MyShell.AI - Integrates DeepSeek V3 & R1: Decentralized, Open-Source AI for Everyone
> Mode - Launches Synth: A New Subnet for AI-Driven Crypto Price Predictions
> Bitcoin - Dips Below $100K Amid Market Turmoil and FOMC Prepping
> MicroStrategy - Unveils 2.5 Million Shares of Its Perpetual Preferred Stock, Called STRK
> Jennifer Rosenthal - Transitions from Grayscale to DeFi Education Fund
> Crypto Markets - Plunge: $770 Million in Liquidations as Bearish Trends Intensify
> Bitpanda x OKX x Crypto.com - Secure MiCA Licenses: Access to 450M Users
> Travala.com - Faces Unsolicited Takeover Bid Potentially valued at over $100 million
> Nous Research - Announces Nous Psyche: Redefining Generative AI Collaboration on Solana
———
⭐️ BOOKMARKED ⭐️
> CoinShares - Weekly Overview: US$1.9 Billion in Digital Asset Inflows
> Arthur Hayes - A Turning Point: Predicting a $70k to $75k Correction in Bitcoin
> TON - Exciting Updates Ahead: TON Core's H1 2025 Roadmap Unveiled
> The Kobeissi Letter - Is DeepSeek a Game Changer for U.S. Tech? Nasdaq 100 Futures Plunge
> James Van Straten - Bitcoin's Bull Run Faces Critical Support Test Below $91K
> Garrison Yang - TRUMP Memecoin: A Surge in Attention, But No Fresh Capital for Crypto Market
> Elon Musk - Speaks Out: No Pardon for Roger Ver Following Citizenship Renunciation
> Sandeep Deshpande - Market Turmoil: How DeepSeek's Cost-Effective AI Impacted Crypto Tokens
> Eric Johansson - Bitcoin Drops but Optimism Prevails: Standard Chartered's 'Buy the Dip' Strategy
> Aleks Gilbert - Trump's Executive Order: A Significant Shift in Crypto Policy
> cookies - Exploring Crypto and AI Integration: A New Frontier
> Daniele - Deepseek R1: Revolutionizing Open-Source AI for Diverse Applications
> Lex Fridman - America's Geopolitical Advantages: Natural Resources and Economic Growth
> salience - Navigating the AI Capital Expenditure Surge: Insights and Implications
> DeFi Cheetah - Revolutionizing AI Development: The Impact of DeepSeek on Model Efficiency
> Matti - Navigating the New Crypto Landscape: Lessons from Past Cycles
———
⭐️ FUNDING⭐️
> Accrue - Raises $1.58M Seed Round
> BenFen - Raises $10M Strategic Investment
> Humanity Protocol - Raises $20M
———
⭐️ TESTNET/ AIRDROP⭐️
> N/A
Sam Altman Send His Regards.
https://x.com/DBNewswire/status/1883910251591631128
https://x.com/7etsuo/status/1883825912527106066
Читать полностью…
https://x.com/jinglingcookies/status/1883803383724953787
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Waddle into Wonderland: The Magical World of Pudgy Penguins
In a vibrant digital realm where whimsy meets innovation, Pudgy Penguins are more than just adorable avatars; they embody a community of creativity and collaboration
> Pudgy Penguin holders can now license their NFTs through platforms like OverpassIP, which allows them to earn royalties.This model is gaining traction as it underscores how NFTs can generate tangible value beyond mere collectibility
> The announcement of "Pudgy Life," an official game developed by Playember, will be launched on the AbstractChain Mainnet, further integrating the community into Web3 experiences
> The recent airdrop was noteworthy, with over 7 million wallets eligible and around 40 billion tokens distributed
> The Pengu token is set to have a total supply of 88,888,888,888, launching on the Solana blockchain
Pudgy Penguins are positioned as a cultural phenomenon, aiming to bridge the gap between traditional retail and the emerging Web3 landscape
Eli5DeFi News Recap
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————
⭐️HIGHLIGHTS ⭐️
> 0xJumanji - Cryptocurrency Market Outlook: Anticipating Potential Trends in 2025
> Spot Bitcoin ETFs - Reach Record-Breaking $123 Billion in Total Net Assets
> Nikhilesh De - Trump's Regulatory Shakeup: Crypto's Future in the U.S.
> Chromia - Introduces EVAL Engine: Chromia's AI Agent Evaluation Plugin for Virtuals and Beyond
> Jupiter - Introduces Jupnet: The Omnichain Network Aggregating Crypto
> YB - Crypto's Holy Trifecta in 2025: Mobile, Wallet Modules, and Hypertokenization
————
⭐️ELI5 THREAD ⭐️
> Project Spotlight Week 4/2024
> Mantis - The Key to DeFAI
> Roam Pilot Burning Pool
> zAI - Zentry Agentic Layer
———
⭐️ NEWS⭐️
> Jupiter - Acquires Majority Stake in Moonshot
> Nillion x ai16z - Forge Alliance to Enhance Security and Privacy for Eliza AI
> Virtuals Protocol - Expands Horizons: Brings Its Vision to the Solana Blockchain
> Fidelity - Joins Crypto Revolution, Hires Principal Blockchain Engineer
> Musk's DOGE - Explores Blockchain for Government Efficiency
———
⭐️ BOOKMARKED ⭐️
> ibuyrugs - Navigating the Crypto Landscape in 2025: Balancing Major Coins and Tactical Trades
> Vlat - Exploring Emerging Trends in the Financial Landscape
> Kyle Baird - Crypto ETF Filings Surge as SEC Faces Leadership Change
> Marc Andreessen - The Illusion of Technological Disruption: How Regulation Stifles Innovation
> Paradigm - Accelerating Ethereum's Evolution: Unlocking Faster Innovation
> Mike Dudas - Solana Ecosystem Roundup: Major Acquisitions, Expansions, and Funding Initiatives
> Alex Krüger - Adjusting Expectations in the Era of Sporadic Alt Seasons
> Donald J. Trump - Envisioning a Prosperous Future for the United States
> Junxian He - The Efficiency of Targeted RL: Insights from a 7B Model Trained on 8K Examples
> molu - The Jupnet Approach: Aggregating Crypto into a Unified Decentralized Ledger
> MetaverseSG - Navigating the Crypto Landscape: Meme Tokens Outshine Struggling AI Projects
———
⭐️ FUNDING⭐️
> N/A
———
⭐️ TESTNET/ AIRDROP⭐️
> N/A
Project Spotlight Week 4/2024
https://x.com/eli5_defi/status/1883146021217431782
MegaForge - Forging the Future of Onchain
MegaForge, a builder hub for the Mega blockchain, is designed to revolutionize the Ethereum ecosystem by delivering a high-throughput, low-latency platform
> Mega tackles critical issues in current blockchain ecosystems, such as slow transaction speeds and high transaction fees, ensuring a seamless developer and user experience
> Enables the creation of next-generation decentralized applications (dApps) across sectors like DeFi, DePIN, AI, robotics, gaming, and social media while addressing the limitations of existing blockchains
> MegaForge offers a wide range of resources, including:
- Technical Support for smoother development
- Early Access to insights and innovations
- Networking Opportunities to foster collaboration
> MegaForge ensures real-time performance, scalability, and an enhanced user experience to support the growing demands of dApps
> The Mega blockchain aims to establish itself as a "World Computer," capable of supporting complex, wide-scale decentralized applications
zkVerify - The New Era of Scalable, Interoperable ZK Proofs
zkVerify, a Substrate-based Layer-1 blockchain, revolutionizes zero-knowledge proof (ZKP) verification by addressing high costs and limited flexibility in current solutions
> ZKPs are critical for blockchain scalability, privacy, and security
> zkVerify incorporates the following components:
- A proof submission interface for efficient data input
- A mainchain for processing and managing requests
- An attestation mechanism to streamline verification workflows
- An L1 contract for direct blockchain interaction
> zkVerify demonstrates significant cost and performance improvements over direct ZKP verification on Ethereum
> zkVerify simplifies developer workflows and boosts interoperability across diverse applications
> zkVerify has partnered with industry leaders like Space and Time, Apechain, and Pixel Vault to accelerate adoption and expand its ecosystem
