14 May 2024
α：Advanced Technology
AI
Cryptography
β：Web3 Segment
Hardware layer
Protocol layer
Based proposer commitments - Ethereum’s marketplace for proposer commitments (read more here)
Proposer commitments have been an important part of Ethereum’s history and could continue to be a powerful unlock for Ethereum. Over the last year, there have been multiple ideas around proposer commitments. For instance, even in a short period, we have seen multiple implementations of proposer commitments related to preconfs. This envisions leveraging existing pipes to allow proposers to register and make / receive commitments and remain fully backward compatible.
State of Filecoin Q1 2024 (read more here)
Filecoin’s storage market grew in Q1'24, as active deals were up 9% QoQ. Utilization increased from 18% in Q4’23 to 23% in Q1’24, while storage capacity fell 14% QoQ. As of the end of Q1’24, over 2,000 clients have onboarded data on Filecoin, of which 508 onboarded large datasets (over 1,000 TiB in size), up 9% from 465 in Q4’23.
Unconditionally Safe Light Client (read more here)
Blockchain applications use lightweight clients for efficient on-chain data access without running full nodes. These light clients need robust security with minimal resources and latency, tailored to each application's needs. This work addresses security in Proof-of-Stake (PoS) blockchains, using cryptoeconomic principles to deter malicious actors and provide customizable, insured security. Implemented in Solidity and TypeScript, the protocols offer trade-offs between cost and latency, allowing optimal selection for varying application requirements.
How to Raise the Gas Limit, Part 2: History Growth (read more here)
History growth is currently the biggest bottleneck for scaling Ethereum. Somewhat unexpectedly, history growth has become a much larger problem than state growth. Within a couple years, history data will exceed the storage capacity of many Ethereum nodes.
Why horizontal vs. vertical scaling is the better framework for Ethereum scalability (read more here)
Current modular designs only begin to touch on the full potential of horizontal scaling. With sharding, we can tap into the power of an arbitrarily large number of machines (as opposed to 2-3 machines split by tasks). In other words, many machines can run the same type of task in parallel. This is what Ethereum and Celestia hope to achieve with Danksharding and data-sharding, respectively. But, sharding isn’t inherently limited to data availability layers - it can also be coupled with execution
Middleware layer
Application layer
PENDLE - DeFi’s leading yield swap change (read more here)
DeFi revolutionizes global finance by using smart contracts and autonomous code, eliminating the need for traditional intermediaries. It offers instant liquidity and global reach, promising transparency and cost-efficiency. Despite its potential to onboard billions, DeFi remains in early stages of adoption.
The New Wave of Interest-Bearing Stablecoins (read more here)
New interest-bearing stablecoins earn from real-world assets, Layer 1 token staking, and perpetual contract rates. Ethena offers high yield but high volatility. Ondo and Mountain restrict US users for regulatory compliance. Lybra redistributes $ETH staking returns. Ethena's USDe and Mountain's USDM lead in adoption.
User Gateway
γ：Web3 Macro
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