Decentralization
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DeFi Protocol Shell Protocol Opens Voting for Shell DAO
On March 22, it was announced that the DeFi protocol Shell Protocol had been opened for a vote on whether to establish a Shell DAO to accept air drops for other projects. Previousl
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The Launch of Ethereum’s Fuel Public Test Network Beta-3
On March 21st, the Ethereum modular execution layer Fuel launched the third public test network Beta-3. The new test network added a P2P network, introducing the ability to synchro
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Multiverse NFT Standard ERC-5606 Gains Ethereum Community Approval
On March 20th, Web3 venture capital firm Coinsulium Group Limited said that following the submission of EIP-5606 (Ethereum Improvement Proposal) in September last year, the new \”Mu
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The Sandbox is working with Polygon Labs to implement Polygon ID by the end of the year
According to reports, the meta universe platform The Sandbox stated on Twitter, \”The Sandbox is working with Polygon Labs to implement Polygon ID by the end of the year. We value d
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Ethereum Layer 2 Lockup Volume Surges to $6.79 Billion
According to reports, according to L2BEAT data, the current total lockup volume of Ethereum Layer 2 has risen to $6.79 billion, up 18.77% on the 7th. Among them, the top five locking quantities are: The total lockup volume of Ethereum Layer 2 rose to $6.79 billion, up 18.77% on the 7th Analysis based on this information:The message highlights the surge in the lockup volume of Ethereum Layer 2, which has reached $6.79 billion, marking an increase of 18.77% on the 7th. Layer 2 scaling solutions aim to solve the scalability and fee issues of Ethereum network by decentralizing the computation and storage of transactions and minimizing the need for on-chain activities. The rising lockup volume indicates the growing adoption of Ethereum Layer 2 protocols by users and developers. Ethereum Layer 2 has emerged as a promising solution to the scalability and congestion issues faced by the Ethereum network. By migrating some of the transactions to Layer 2, users can enjoy…
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Decentralization Roadmap for Optimism Technology
On March 15th, according to official news, OP Labs released the Optimism technology decentralization roadmap, which includes two parts: Baseline Decentralization and Cannon fault proofs. Among them, Baseline Decentralization will achieve the decentralized upgrade of the Optimism network and governance system by achieving unlicensed output proposals and bridge decentralization milestones. OP Labs Releases Optimism Technology Decentralization Roadmap Analysis based on this information:In the world of blockchain, decentralization is a crucial aspect that ensures the security and transparency of transactions. Optimism technology is a layer-2 solution for Ethereum that aims to provide faster and cheaper transactions without compromising on security. Recently, the Optimism team released their decentralization roadmap, which outlines their plans to achieve a truly decentralized network. The roadmap consists of two parts: Baseline Decentralization and Cannon Fault Proofs. The first part, Baseline Decentralization, focuses on achieving unlicensed output proposals and bridge decentralization milestones. This means that the Optimism network will have a decentralized governance system, where proposals can be…
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Renaming DAI: Paving the Way for Decentralization
On March 10, in a conference call with community members on Thursday, Rune Christensen, the founder of MakerDAO, said that MakerDAO should rename the stable cu…
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CZ’s Views on BNB Chain Development
On March 8, CZ, the founder of Binance, said in the AMA that one of the reasons why he did not participate in the research and development of BNB Chain was tha…
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Solend V2 Whitepaper Released: Striving for Decentralization and Better Risk Management
It is reported that Solend has released the Soland V2 white paper on the loan agreement on Solana to introduce risk management and improve decentralization. Ac…
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Understanding the Dispute Surrounding Cardano’s Governance Structure
On March 5, Charles Hoskinson, the founder of Cardano, refuted the central allegations surrounding Cardano\’s governance structure. Vanessa Harris, who called h…
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Flashbots Utilizes Trusted Environment to Enhance Ethereum Privacy and Decentralization
It is reported that the Ethereum infrastructure service Flashbots has opened a new block builder running in a trusted environment on the Ethereum test network …
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The Transformation of Web3.0 and the Disruption of Industry Monopoly
It is reported that the reporter of the \”Half Moon Talk\” hosted by the Xinhua News Agency recently released an article saying that with the rise and fall of ne…
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Decentralized Computing Network Flux Launches Decentralized Word Press
It is reported that the decentralized computing network Flux launched the decentralized Word Press beta version, allowing enterprises, developers and other use…
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Conflux Launches “.web3 User Name” Service for Decentralized User Identity
According to the official news on February 27, the Conflux \”. web3 user name\” service will be officially launched at 17:00 on February 28. Conflux \”. web3 user…
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A Selfless Act for the Greater Good
According to reports, Maji\’s elder brother Huang Licheng @ machibigbrother said in a social media message: \”I don\’t need to keep thanking me for the cost I bea…
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Storj Next: A New Decentralized Storage Model
It is reported that the decentralized storage company Storj has launched a new version of Storj Next, introducing new functions and economic incentives. The ne…
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DE Star Raises $700,000 in Seed Financing to Promote Decentralization in Fashion Industry
It is reported that DE Star, a Web3 fashion start-up, announced the completion of $700000 seed round financing. The company mainly uses NFT, blockchain certifi…
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BlueWallet to Halt Lightning Network Bitcoin Hosting Service: A Reflection on Scalability Concerns
It is reported that BlueWallet, a Bitcoin wallet, announced that it was canceling the connection with the lightning network node of Lndhub, and would stop the …
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Coinbase Ethereum L2 “Base” 2023 Decentralization Roadmap Unveiled
It is reported that Coinbase Ethereum L2 \”Base\” released the 2023 decentralization roadmap, including:
Coinbase Ethereum L2 \”Base\” Release 2023 Decentr…
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Decentralization for Enhanced Liquidity
It is reported that the decentralization agreement Effine raised $5.1 million in the seed round financing led by Jump Crypto and Hack VC, including the investm…