Weekly Recommendations | ChainCatcher launches the "Hong Kong Web3 Events Summary" query section; reviewing Musk's past public endorsements of Dogecoin
Polygon employees describe the differences between various zkEVM solutions; four Ethereum scaling teams discuss cutting-edge technologies such as EOF, 4844, modularity, and decentralized sequencers.整理：饼干，ChainCatcher
1. ChainCatcher Launches "Hong Kong Web3 Event Summary" Query Area
The ChainCatcher official homepage has launched the "Hong Kong Web3 Event Summary" area, currently listing over a hundred various Web3 events scheduled for April (continuously updated), and segmented for quick and convenient retrieval of relevant event information based on time, event type, and other dimensions.
What problems will Arbitrum's centralized Sequencer create? At the "Ethereum Shanghai Upgrade Summit," we invited four completely different scaling solution teams from the Ethereum ecosystem to discuss Ethereum's cutting-edge technology, particularly EOF and EIP-4844, which may be included in the next upgrade (Cancun). Additionally, the narrative around decentralized Sequencers and modular blockchains is also a new direction of interest for researchers.
3. A Visual History of Musk's Public Endorsements of Dogecoin
In the early hours of April 4, 2023, the official homepage button for Twitter web users was no longer the traditional blue bird logo but was replaced with a cartoon avatar of a Shiba Inu. Musk posted on Twitter with images of Dogecoin emojis and the Twitter blue bird logo. DOGE surged from $0.077 to $0.102. DOGE seems to have become Musk's cash machine, as he tends to shout out DOGE whenever he needs money or when Tesla is facing losses.
4. Vitalik: How Will Ethereum's Multi-Client Philosophy Interact with ZK-EVM?
Ethereum founder Vitalik emphasized the importance of Ethereum's multi-client philosophy in maintaining its security and decentralization in his latest article, "How Will Ethereum's Multi-Client Philosophy Interact with ZK-EVM?" Ethereum does not have a default "reference client" that everyone runs; instead, it has a collaboratively managed specification with multiple teams implementing the specification (i.e., "clients"). Vitalik highlighted the significance of ZK-EVM as a new transition, which uses SNARK proofs executed by EVM and actively supports second-layer protocols like ZK Rollup on the mainnet.
However, the challenge for ZK-EVM lies in how it interacts with the multi-client philosophy. To address this issue, Vitalik suggested that each client should wait for a proof compatible with its implementation before accepting a valid block. This approach sacrifices some benefits of the multi-client model but is ideal until it can be formally proven that all ZK-EVM implementations are equivalent. ZK-EVM will become the third client for Ethereum, crucial for the network's security and decentralization.
5. Polygon Employee's Account: Differences Between Polygon zkEVM and zkSync zkEVM
As the "zkEVM war" heats up, the public has discussed many advantages of different zkEVMs. However, there is also some misinformation, so we want to clarify some facts about Polygon zkEVM and its comparison with other projects. Daniel Lubarov, an employee at Polygon, focuses on Polygon's zkEVM and zkSync Era, as they have already been put into production.
6. ARK Bitcoin Monthly Report: Macroeconomic Instability, Bitcoin Moves Against the Tide
In March, Bitcoin settled $650 billion, facilitating approximately 9 million transactions, with an inflation rate of about 1.8%. During the bankruptcy of Silicon Valley Bank, Bitcoin appreciated by 49%, rising from a low of $19,500 on March 10 to $29,150 on March 30. Short-term BTC holders realized profits, and a sustained bull market may be on the horizon. However, the macro market shows uncertainty.
7. Accelerating Development of Sui: Can It Become the Next Layer 1 Disruptor?
Layer 1 blockchain Sui announced that its mainnet will launch in the second quarter of this year and has initiated a series of educational activities and content called "Wave to Mainnet" to inform the community about the potential of the Sui protocol before the mainnet goes live. Although Sui's development momentum is far behind Aptos, projects driven by technological innovation often have the potential for explosive growth. Sui has accumulated rich technological advantages over the past few years, and with the imminent release of its mainnet, it is believed that Sui will soon experience a wave of development.
8. Analysis of 11 Account Abstraction Wallets: How Far Are We from a "Seamless" Crypto Experience?
In his article "How to Choose Guardians for Multi-Signature Wallets and Social Recovery Wallets?," Vitalik is dedicated to promoting the adoption of trusted third parties (Guardians) in crypto wallets. Some EIP-4337-based crypto wallets have begun to emerge, and this article will introduce 11 account abstraction wallets, including Argent, Avocado, Braavos, Patch Wallet, Unipass, Opclave, Soul Wallet, and Versa.
This tweet discusses the game of Arbitrum's airdrop and decentralization, as Arbitrum recently found itself in an awkward position due to a public governance event. Some say the community has the "right" to receive "free funds" from the airdrop. This indicates that they have not fully understood the game. Please seriously consider this question: Where do you think this money, which seems to come from nowhere, is actually printed from?
10. U.S. Treasury Releases First DeFi Risk Report: What Key Information Does It Reveal?
This report acknowledges that illegal activities are a subset of overall activities in the DeFi space, which still represents a small part of the entire virtual asset ecosystem. Furthermore, money laundering, (illegal weapons) proliferation financing, and terrorist financing most often occur using fiat currency or other traditional assets rather than virtual assets.
11. A Detailed Explanation of Modular Public Chains and Market Competition Landscape
Riding the wave of Layer 2, the narrative around modular public chains has gained momentum, particularly focusing on modular public chain execution layer projects. This issue of the Bing Ventures industry research report will briefly introduce what modular public chains are and the current basic landscape of the modular public chain execution layer field.
12. New Liquid Staking Derivatives: EigenLayer, Obol, Alluvial, and Ion Protocol
Liquid staking derivatives allow users to earn rewards on their staked cryptocurrencies while maintaining liquidity and improving capital efficiency. As of early April 2023, the liquid staking balance of ETH reached 7.3 million ETH, up from only 3.3 million ETH in early April 2022. A brand new industry is developing around liquid staking derivatives, and below are some exciting new primitives that are reshaping this field.
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