Weekly Recommendations | Where Will Blockchain Games Go; A Discussion on Web2.5
This week's recommended reading: 10 quality articles from the cryptocurrency industry.Organizer: Hu Tao, Chain Catcher
1. “Delphi Digital's Long Article: Where Will Blockchain Games Go?”
So far, it is no secret that most gamers hate cryptocurrencies. We have witnessed strong opposition from the community against Ubisoft Quartz and Dr DisRespect's Midnight Society. As a team of gamers and early supporters of blockchain games, the denial of blockchain games is indeed somewhat surprising. In this article, Delphi Digital will share insights and an evolutionary perspective shaped by these criticisms, providing historical context for our position in the gaming industry, sharing thoughts on the entry of crypto technology into gaming, and constructing several models for what we believe is the role of cryptocurrency in games.
2. “What Is Web 3.0 Doing from the Perspective of Social Graphs?”
Looking at the current Web 3.0 social ecosystem, it can be roughly divided from the bottom up into the underlying public chain application carriers, decentralized data repositories, decentralized identity layers that present on-chain user identities and relationships, upper-layer social application products, and tools and plugins for user entry. Among them, the social graph captures the relationships and data accumulation between on-chain users and is an important component for building the decentralized identity infrastructure of Web 3.0.
3. “Talking About Web 2.5: Retreating to Advance, the Glorious 'Compromise' of Web 3”
Crypto Native is a seemingly attractive label, but it can also be misleading. How can WEB3 break out on a large scale and gain real users? This article argues that WEB2.5 is an intermediate station on the way to WEB3, and even a necessary path, with investment opportunities. Finally, this article speculates on the gaming model of WEB 2.5.
4. “How Does the New Public Chain Aptos Meet Market Expectations?”
Aptos's mainnet is expected to go live at the end of September, and many projects are currently being developed and deployed based on the testnet, including the ultra-parallel CLOB protocol Econia, the mobile multi-signature wallet Hive, and the trading application Pontem Network with an automated market maker (AMM) model. Overall, Aptos has a development team with deep technical accumulation and a luxurious matrix of investors. Whether Aptos can meet these expectations will need to be assessed after its mainnet launch.
5. “In-Depth Analysis of the Differences Between Meta's Public Chains Aptos and Sui”
Sui and Aptos have recently attracted significant market attention. This article provides a detailed comparison of these two public chains in terms of team, financing situation, economic model, consensus mechanism, performance, and ecosystem.
6. “Crypto Native: The Narrative Transition from Bitcoin to Web 3.0”
The development of cryptocurrencies has gone through several bull and bear cycles, with countless changes along the way. This article reviews the history of the crypto industry and outlines four stages: the Genesis Era from 2008 to 2012, the Enlightenment Era from 2013 to 2015, the Industrial Revolution from 2016 to 2019, and the Age of Exploration from 2020 to 2022. The author believes that Bitcoin and the crypto industry have undergone numerous "deaths" and then risen like a phoenix, triggering significant transformations in finance, gaming, art, and other fields. The thousands of changes and innovations that have arisen continue to occur, but Bitcoin and various crypto technologies are merely the concrete manifestations of the narrative, while the ideas represented behind these manifestations are the spirit and true soul of the crypto industry, namely: the fairness and justice represented by decentralization.
7. “The Final Battle for Decentralized Identity”
The development of decentralized non-custodial wallets is far from adapting to the current speed of Web3 development. When DeFi emerged, we didn't feel many problems with this model. However, as more non-financial decentralized applications appear, this authentication method will highlight many issues. This article argues that the services and capabilities needed for Web3 identity should include the ability to change keys independently; multi-account separation and identity aggregation; and flexible key management.
8. “Analyzing the Advantages and Limitations of Synthetix: Will It Lead the DeFi Rebound?”
You can have any opinion about Synthetix, but it is undeniable that they have one of the most hardcore project teams and the most active DAOs in the entire DeFi ecosystem. Although the debt model of sUSD has some drawbacks, it also has significant advantages, such as enabling atomic swaps, which allow whales to benefit from better prices by using Synthetix's synthetic assets (sUSD, sETH, sBTC, etc.).
As the Ethereum merge upgrade approaches, the topic of "where Ethereum miners will go after the upgrade" has been widely discussed again in the crypto circle. Recently, long-time crypto player Chandler Guo, based in the U.S., established a discussion group for Ethereum forks and promoted the heat around ETH forks in Twitter Space with ETH-PoW.
Based on the current viewpoints discussed, it is generally believed that Ethereum miners have two main choices: one is to support other blockchain networks that use PoW or GPU mining, such as Ethereum Classic (ETC), Kadena, Conflux, Monero, Ravencoin, etc., after Ethereum transitions to PoS; the other is to hard fork Ethereum and continue using the PoW consensus mechanism after the fork. This article will analyze the feasibility of the above two options.
10. “Foresight Ventures: Mapping, Classifying, and Dominating MEV”
The transaction ordering of Ethereum blocks has never been constrained by a fixed rule but can be freely modified according to miners' preferences. In fact, ordering is completely open-ended, and miners can adjust it freely to capture greater profits, which is MEV. MEV bots are ubiquitous in the blockchain's dark forest and always dominate. The author clarifies the concept and categories of MEV and addresses questions such as the pros and cons of MEV and how we should respond to it.
