28 February 2024
α:Advanced Technology
AI
Cryptography
β:Web3 Segment
Hardware layer
Protocol layer
Plasma Next: Plasma without Online Requirements (read more here)
The scaling solution for programmable blockchains such as Ethereum to accommodate an increasing number of users, Plasma, was frequently discussed in 2018. It is a Layer 2 with O(1) state growth per block, which, in the recent context of Financial Cryptography, is classified as a stateless Layer 2. Subsequently, to avoid the heavy online requirements, i.e., updating proofs or witnesses, and to prevent Data Availability Attacks against smart contracts, development moved towards Rollups, which utilize Layer 1’s cheaper storage space for data availability.
Data Availability Sampling: From Basics to Open Problems (read more here)
In an effort to allow decentralized consensus participation, the Ethereum network inadvertently rewards latency to the benefit of less efficient block proposers. High-quality validators are intrinsically penalized by the system and struggle to compete on yield unless they simulate latency by playing timing games.
Censorship, Latency, and Pre-confirmations in the Blob Market (read more here)
Our research dives into the emerging EIP-4844 blob market, which operates similarly to EIP-1559 gas pricing but lacks a direct block builder tipping mechanism for blob inclusion, potentially resulting in an unreliable blob tx experience and inclusion challenges. We observe that blob transactions risk slowing block propagation by orders of a hundred milliseconds in times of increased network activity.
Modular architecture and its role in Ethereum’s Endgame (read more here)
Innovation will eventually drive down transaction costs; prioritizing decentralization (especially geographic) is the only way to ensure long-term security for the network. Ethereum is leading in decentralization by having the most distributed validator set, with more than 800,000 validators. At the same time, with the modular approach, it can adapt to new design innovations through customized rollups that launch on top. Celestia and others certainly share this vision.
Middleware layer
Application layer
9 Top Web3 Games in the YGG Ecosystem (read more here)
Entering another exciting year, the YGG community continues to show their support for the most promising games in the guild’s ecosystem. Some of these games have been diligently building throughout the Crypto Winter to provide gameplay and features that will excite casual and hardcore gamers alike. From GAM3 Award winners to some of YGG’s earliest partners and games that have amassed the biggest communities within the YGG network, these are nine of the top titles to keep tabs on this year.
Unveiling Intelligent DeFi: The Coprocessor Revolution (read more here)
Today’s decentralized apps face limitations in performing complex on-chain computations due to blockchain’s restricted processing capabilities. However, with the rapid development of technologies such as blockchain coprocessors, in conjunction with game theory and mechanism design, a new wave of use cases emerge to greatly improve user experience. This article explores the design space of coprocessors, with a focus on potential use cases they empower.
User Gateway
γ:Web3 Macro
Follow us Bixin Ventures for more insights into the world of #web3 #blockchain #cryptocurrency #AI and more
✔️ Twitter: https://twitter.com/BixinVentures
✔️ 推特: https://twitter.com/BixinVC
✔️ Medium: https://bixinventures.medium.com/
✔️ Website: https://bixinvc.com/
✔️ YouTube: https://www.youtube.com/c/BixinVenturesDaily