9 May 2024
α:Advanced Technology
AI
Cryptography
β:Web3 Segment
Hardware layer
Protocol layer
Empirical Analysis of the EIP-4844’s Impact on Ethereum (read more here)
In our analysis, we’ve examined EIP-4844’s effects in terms of consensus security, Ethereum usage, rollup transaction dynamics, and the blob gas fee mechanism. Our study includes changes in synchronization times, detailed assessments of Ethereum usage, rollup activities, and insights into the blob gas fee mechanism. Our goal is to pinpoint both improvements and potential issues since the upgrade..
ZK Accelerators Analysis (read more here)
ZK hardware acceleration addresses the inefficiency of generating ZK-SNARK proofs, which previously took around 20 minutes. At a recent conference, Vitalik Buterin proposed three solutions: parallelization with aggregation trees, efficiency improvements using SNARK algorithms and hashes, and ASIC-based acceleration.
Designer Blockspace: The Future of Execution Environments (read more here)
Today, the introduction of EIP4844 and alternative DA layers have alleviated the critical DA bottleneck. Despite this critical milestone, evidence suggests other important bottlenecks must be solved. Last month, Base collected $1.57M in transaction fees in a single day while paying only $5K in data availability costs to Ethereum. This suggests that the computational work required to validate and process state updates remains a critical bottleneck and an opportunity for improvement.
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
Periodic Review of Blockchain Game Development (read more here)
During this period, I have studied numerous popular projects, witnessing the rise of some converging patterns and marveling at the market's harshness. In this article, I will provide a brief introduction to several key projects that I have been closely observing, along with some personal insights.
Overview of Solana's Liquid Staking Market (read more here)
Despite having 60%+ Staking Ratio, only 6% ($3.4B) of the Staked SOL comes from Liquid Staking. Solana has provided an easy way for SOL stakers to delegate their SOL natively whereas Lido is one of the only ways in the early days to delegate your ETH to earn staking rewards.
User Gateway
γ:Web3 Macro
Crypto & Blockchain Venture Capital – Q1 2024 (read more here)
Bitcoin and the broader liquid cryptocurrency market rose dramatically in Q1 2024, leading to renewed optimism across the sector. The crypto venture capital market appears to be rebounding, although based on available information at the time of writing in mid-April, the data seems slightly more lackluster than sentiment. Broadly, founders and investors are reporting a more active fundraising environment than prior quarters.
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