Topics of Crypto World

This article explains how the Fiat24 Banking Protocol, built on blockchain and driven by smart contracts, innovates traditional banking, finance, and payment systems in the crypto-friendly regulatory environment of Switzerland.

B^2 Network is a decentralized Data Availability (DA) and storage platform that addresses data compression and verification issues using an off-chain DA network. It aims to reduce dependence on the Bitcoin main network. The B^2 Hub functions as a DA layer and off-chain verification layer, similar to Celestia, to prevent data withholding and other malicious activities. In the future, B^2 Network plans to incorporate Bitcoin Layer2 to establish a universal DA layer and data storage layer within the Bitcoin ecosystem. The B^2 Hub node validates transaction batches, while storage nodes compete for block production rights to earn incentives. The workflow of B^2 Network involves the sequencer creating new blocks, the aggregator sending them to the Prover for ZK proof generation, and the B^2 Hub node verifying and transmitting the data hash to the Bitcoin chain. As a universal DA and verification layer, B^2 Hub has the potential to enhance other Bitcoin second-layer solutions.

This article reviews the process of IoT devices generating data, storing data, and rolling up to the blockchain. It also introduces the DePIN infrastructure platform, which can help project teams quickly launch DePIN application projects. DePIN utilizes blockchain for incentive distribution and token allocation, requiring the use of public-private keys to generate and verify physical proof of work. To prevent Sybil attacks, DePIN device manufacturers monopolize the generation authority of identity information and expose malicious behavior through social consensus. DePHY provides DID authentication services to ensure the credibility of data sources. DePHY also provides a co-processor to listen to finalized messages on the message network and perform state transitions. Both DePHY and IoTeX choose to collect data off-chain and then roll up to the chain, with DePHY focusing on decentralized data availability layers and IoTeX emphasizing binding handlers to different events.

The Children's Aid Foundation (CAF) is a charity project dedicated to improving global child welfare through blockchain technology. Since its launch, the price has increased fivefold. Despite the lack of compliance audits, it has demonstrated the potential of public welfare projects with its decentralization and transparency advantages.

Musk's support for Dogecoin has attracted attention. Meme coins are popular on Solana and Ethereum platforms but may be deemed securities. Despite being called 'community-driven,' those meme coins are still controlled by a small group of people. Decentralization may be achieved in the future. Advertising campaigns may lead to Meme coins being deemed securities; Coin Center questions its community-driven argument. Researchers track three key indicators of Meme coins and believe that when the number of holders reaches 3000, the project begins to attract attention. The Dogecoin Foundation is responsible for coordinating development efforts, but the largest holder still controls 22% of the circulation. A professor at Columbia Business School believes that conducting business solely based on projects claiming to be 'Dog Co.' and using Meme symbols does not avoid scrutiny from securities regulators. The SEC believes that mere purchasing behavior is not enough to constitute securities; this issue remains legally unr

Monetary debasement refers to the process of reducing the value of a currency, which can be achieved either by decreasing the content of precious metals or by increasing the money supply. This may bring short-term economic benefits, but in the long run, it leads to inflation and financial crises. Bitcoin, as a decentralized digital currency with a capped supply of 21 million coins, protected by proof-of-work mining and a decentralized network of nodes, has an inherent scarcity that makes it resistant to inflationary pressures. Bitcoin users can ensure the supply never exceeds the predetermined limit by verifying the transaction ledger, having control over their own money without any restrictions on its use. During times of economic uncertainty, investors may turn to assets like Bitcoin to preserve value, and over time, Bitcoin might be considered the next evolution of currency.

As the cryptocurrency market rebounds, venture capitalists who have been on the sidelines are now investing in the Web3 industry. It is still low compared to past peaks, which can be attributed to 1) negative events such as Terra Luna and FTX bankruptcy, 2) the mega-trend shift from blockchain to artificial intelligence, and 3) macroeconomic deterioration.

On January 16, 2024, Klaytn and Finshcia, two of Asia's leading blockchains, announced plans to launch a unified mainnet. By combining their respective ecosystems and assets, they aim to build an Asian mega-blockchain and lead the global Web3 market.

Monad is a high-performance EVM blockchain that utilizes the Monad BFT consensus protocol and parallel execution technology to enhance scalability and transaction speed. Sei V2 is an upgraded version of the Sei network, supporting backward-compatible EVM smart contract porting and Optimistic parallelization. Eclipse is a next-generation Optimistic Layer 2 solution that integrates Neon EVM for full EVM compatibility, aiming to address Ethereum's scalability challenges. Despite skepticism, Eclipse merges the advantages of Ethereum and Solana, supporting DApp-specific Layer 3 Rollups, and has strong competitive potential. Long-term success depends on attracting developers and building a robust community.

Vitalik has published "The promise and challenges of crypto + AI applications," discussing the ways blockchain and artificial intelligence can be combined and the potential challenges. The article presents four integration methods and introduces representative projects for each direction. There are differences in the core characteristics of AI and blockchain, so it's necessary to balance aspects such as data ownership, transparency, monetization capabilities, and energy costs when combining them. Currently, many AI applications are gaming-related, involving interaction with AI and training characters to better fit individual needs. At the same time, there are projects exploring the use of blockchain features to create better artificial intelligence. Decentralized computing power is also a popular direction but still faces challenges. Overall, the AI track needs to find projects with competitiveness and long-term value.

Having development capabilities or even just basic development knowledge is a better path to increasing the chances of receiving airdrops or, more accurately, becoming a true builder on the blockchain. This article will detail the basic development knowledge needed for a user who likes to experience chain operations.

Popular metaverse game projects established in the last crypto cycle are accelerating their expansion. Launched at the end of 2021, Planet Mojo, after nearly two years of development during the bear market, is about to bear its first fruits in the bull market.

The rise of Bitcoin Ordinals has injected new vitality into the Bitcoin ecosystem, reigniting interest in Bitcoin. This has also led to the emergence of many new Bitcoin Layer 2 projects. This article selects four of the most popular projects on the market: BEVM, Merlin, B² Network, and BounceBit, to interpret their highlights and advantages.

Recently, besides the booming "shiba inu donations" in the SOL ecosystem, there's also a project in the BTC ecosystem generating huge buzz, leading to a revival of the entire BTC NFT sector. This is the community-acknowledged leader of the rune segment—Runestone.

Mint Ventures focuses on Web3 gaming, with the success of Axie and StepN proving its potential. Ultiverse is a blockchain and AI-based metaverse world. It provides infrastructure and live streaming platforms and holds ElectricSheep NFTs. Bodhi Protocol generates game content using large language models and Stable Diffusion models, while Ultiverse offers infrastructure SDKs. Terminus is the core platform in the Ultiverse ecosystem, built using the UE5 engine, with NPCs driven by high-intelligence AI. Ultiverse aims to be an AI-driven metaverse platform, having completed three rounds of financing and collaborating with public chains, gaming, infrastructure service providers, gaming guilds, and NFT communities. Ultiverse collaborates with various projects and communities within the gaming ecosystem, boasting a wide range of partnerships. Its governance token $ULTC is used for multiple purposes and has a strong investment background during bullish cycles.