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Sui is teaming up with Google Cloud to enhance security, scalability, developer tools, and user experiences across a range of Web3 and AI-powered applications on Sui! Here’s what this means for the Sui community: Data-Driven dApps – Sui blockchain data will be integrated into BigQuery public datasets, providing developers with powerful analytics tools and ultimately unlocking new insights and innovative dApp possibilities. AI-Enhanced Development – Sui will use Google Cloud’s generative AI platform Vertex AI, which is currently being trained on #Move, for augmenting code generation and debugging for Web3 developers. In addition, Mysten Labs has created a new AI-based code auditing tool using Google’s AI and Cloud platform to identify security vulnerabilities in Rust, Move, Typescript and Solidity, improving security efforts to identify and improve vulnerable code easily. Seamless User Experience – zkLogin already demonstrates the potential of this collaboration, as it bridges some of the gaps between traditional (Web2) and decentralized (Web3) applications. Robust and Scalable Infrastructure – Sui will leverage Google Cloud's globally scalable infrastructure to power the security and high transaction throughput of its network. This integration ensures high performance and seamless capacity to scale.  https://lnkd.in/dyu-WgVW

A comprehensive dive into Web3's revolutionary ecosystem. https://lnkd.in/d9gCrK4e

New Post: Demand for DVT Sends SSV.Network Past $150M in Staked ETH - Anyone with the will and the technical ability is free to run their own Ethereum validator and connect to SSV. Ethereum stakers are rapidly warming to Distributed Validator Technology, which is becoming a mainstay of the staking landscape. Following its introduction by SSV.Network, staking operators, and validators have been swift to embrace the technology for the benefits it brings in terms of performance and security. $150M is now staked in SSV either directly or through third-party apps that use the network’s open-source technology. This constitutes over 67,000 in staked ETH with 2,000 validators and around 80 staking clients currently making use of SSV’s DVT implementation. The Rise of DVT DVT allows Ethereum validator operations to be assigned to numerous independent operators instead of relying on just a handful of dominant players. Validators running on SSV are split between independent operators, creating greater fault tolerance and increasing decentralization. Anyone with the will and the technical ability is free to run their own Ethereum validator and connect to SSV. The technology is designed for solo stakers as much as it is for institutional clients. Because third parties can build staking apps upon SSV’s network, there is scope for endless customization and personalization. 01Node, StakeStar, and StaFi are among many projects that have already developed SSV-powered apps that make use of Distributed Validator Technology. Claystack and Metapool have also gotten in on the act. In addition to projects building on SSV.Network, others are implementing its technology into their current staking infrastructure. This allows them to prevent disruption to their existing staking operations when introducing DVT. Staking heavyweights such as Stader, StakeWise DVT vaults, ChainUP, ANKR, XHash, and Lido through its Simple DVT Module have started testing and using the technology. Industry Analysts Are Bullish on DVT In its crypto theses report for 2024, analyst Messari is bullish on DVT, highlighting some of the liquid staking protocols that are implementing the tech “to make their staking products and Ethereum staking itself more robust.” As dominant staking providers such as Lido increase their TVL, the need to balance convenience with decentralization, to prevent single points of failure, is imperative. DVT provides one way to address this by reducing reliance on narrow validator sets. There are currently added incentives for Ethereum validators to explore what DVT has to offer. The SSV DAO has approved a 50% APR boost for validators that connect to its network in the form of SSV rewards. As for the incentives to integrate DVT, as SSV.Network explains, “DVT facilitates the distribution of validator operations across independent operators, leveraging QBFT consensus protocol and threshold signatures. These technologies foster a secure, robust environment for f

Sui Foundation is filling a large tranche within the scope of scaling tokenized assets. The bridging between web2 and web3 should be talked about more. Focusing on true scalable solutions for larger scale adoption is much more important than solely focusing on TPS. Sui is doing this

🚀🌐 Dive Into Web 3.0: The Future of the Internet! 🌐🚀 Hey everyone! 🌟 Today, let's unravel the exciting world of Web 3.0 – the next evolution of the internet that promises to reshape how we interact online and take control of our digital identities. So, what exactly is Web 3.0 Let's dive in! What is Web 3.0? Web 3.0 represents a new paradigm in web interaction, characterized by decentralization, blockchain technologies, and enhanced user sovereignty. It aims to give power back to the users in the form of ownership and control over their data, cutting out central authorities and middlemen. Key Features of Web 3.0 +Decentralization: Unlike the current internet (Web 2.0), where data is stored in centralized servers, Web 3.0 utilizes blockchain technology to distribute data across a network, enhancing security and reducing reliance on any single point of failure. +Blockchain and Cryptocurrencies: Blockchain is at the heart of Web 3.0, enabling features like cryptocurrencies for transactions, and smart contracts that execute automatically when conditions are met, all without needing a central authority. Interoperability and Seamless Integration: Web 3.0 aims for a more interconnected and seamless internet where different applications and services can communicate more efficiently. Artificial Intelligence and Machine Learning: AI and ML play significant roles in Web 3.0, helping to personalize user experiences and enhance decision-making processes with better, more secure data handling. User Control and Data Privacy: One of the most revolutionary aspects of Web 3.0 is its emphasis on user control. Users can own their data and choose how much information to share, with whom, and under what circumstances. Why Should You Care? 🔒 Privacy and Security: In an era where data breaches are common, Web 3.0’s architecture provides a much-needed layer of security and privacy. 💡 Innovation and Opportunities: The decentralized nature of Web 3.0 opens up new possibilities for developers, businesses, and users, creating a fertile ground for innovation. 💸 New Economic Models: Web 3.0 introduces novel economic models like DeFi (Decentralized Finance) which offers financial services without the need for traditional banks. Getting Involved Interested in getting a head start in the Web 3.0 space? Here’s how you can dive in: +Educate Yourself: Plenty of resources are available online to learn about blockchain, cryptocurrencies, and the technologies driving Web 3.0. +Participate in Communities: Join forums, attend webinars, and connect with thought leaders in the space. 🌟 The shift to Web 3.0 isn’t just about technology; it’s about shaping a future where the internet becomes more transparent, inclusive, and user-focused. Are you ready to be part of this revolution? Let’s make the leap to Web 3.0 together! 🚀 #Web3 #Blockchain #Decentralization #FutureOfTheInternet #TechTrends

To date, "seedphrases" have been serving as a secure means for individuals to access their Web3 🪙 wallets, but have become a major user experience pain point. Learn how Web3Auth's latest collaboration with #GoogleCloud offers dApp developers and users a frictionless yet highly secure way to manage digital wallets, paving the way for wider #Web3 adoption 🔐😎

Push Protocol (PUSH): The Notification Backbone of Web3 In the ever-evolving world of Web3, staying informed can be a challenge. Decentralized applications (dApps) lack the traditional notification systems we're accustomed to, making it difficult to keep track of important updates. Enter Push Protocol (PUSH), a revolutionary project aiming to bridge this gap and establish a communication infrastructure for the dApp ecosystem. What is Push Protocol? Push Protocol is an open-source protocol built on the Ethereum blockchain. It facilitates cross-chain notifications, allowing dApps, wallets, and services to send real-time updates directly to users' crypto wallets. This eliminates the need for centralized servers and empowers developers to integrate seamless notification features into their dApps. How Does PUSH Work? Channels: DApps create channels on the Push Protocol network to distribute notifications. Subscriptions: Users subscribe to these channels using their crypto wallets, opting in to receive updates. Delivery: When a dApp sends a notification through a channel, it's routed to the wallets of subscribed users. These notifications can be in various formats, including text messages, in-wallet pop-ups, or even audio alerts. PUSH Token: The PUSH token serves several purposes within the Push Protocol ecosystem: Governance: PUSH holders can vote on protocol upgrades and influence the future development of Push Protocol. Fees: A minimal fee is paid in PUSH by dApps to send notifications, ensuring the sustainability of the network. Incentives: PUSH can be used to incentivize users to subscribe to channels and participate in the network. Benefits of Push Protocol: Enhanced User Experience: Timely notifications ensure users stay informed about dApp activity, improving overall user experience. Decentralized Communication: Push Protocol removes dependence on centralized notification servers, fostering a more secure and censorship-resistant communication infrastructure. Flexibility: The protocol is dApp-agnostic, allowing for integration with various applications and services within the Web3 space. Open-Source Development: Transparency and community-driven development contribute to the protocol's continuous improvement. The Future of Push Protocol: Push Protocol is still in its early stages, but it has the potential to become the cornerstone of communication in Web3. Here are some key factors to consider for its future: Widespread Adoption: Integration with a significant number of dApps and wallets is crucial for mainstream adoption. Technical Advancements: Continuous development is necessary to ensure scalability and accommodate the growing demands of the Web3 ecosystem. Evolving Regulatory Landscape: Navigating potential regulations surrounding decentralized communication protocols will be important for long-term success.

The Starknet Mainnet should go live on January 22, 2024. What is Starknet? high throughput and reduced gas costs by aggregating multiple transactions into a single proof that is verified on the Ethereum Layer 1, allowing for scalability without compromising security.2. STARK Proofs: Starknet utilizes STARK proofs, which are succinct and transparent proofs that can be verified off-chain, reducing the computational burden on the Ethereum network.3. Developer-Friendly: Starknet provides a developer-friendly environment with familiar tools and languages, making it easier for developers to build and deploy applications on the platform.Overall, Starknet is a promising solution that aims to address the scalability and cost issues of the Ethereum ecosystem by leveraging Layer 2 technology and STARK proofs, while maintaining the security of Ethereum Layer 1." ——Generated by ChatGPT If someone has been sitting in a den all year and has not heard what Starknet is, then today I will tell you about this blockchain. Starknet is a groundbreaking solution in the blockchain space, specifically categorized as a Validity Rollup Layer 2. It's engineered to address some of the most pressing challenges in the Ethereum ecosystem, offering high throughput, reduced gas costs, and maintaining the robust security standards of Ethereum Layer 1. Here you can see the huge ecosystem of Starknet: Imagine a Sudoku puzzle – verifying a solution is significantly easier than starting from scratch. If our objective is to convince others that a particular puzzle has been solved, we can save substantial computational resources by having one person compute the solution and then sharing it for others to verify. In this approach, the computation for a solution becomes a one-time event that doesn't need to be redundantly replicated by society. Similarly, Starknet applies this concept to scale Ethereum by replacing resource-intensive Layer 1 (L1) computation with more lightweight, and consequently cost-effective, Layer 1 verification. This verification is achieved through off-chain STARK proofs. Here's a closer look at how Starknet operates: 1.Validity-Rollup Design: Starknet is classified as a permissionless Validity-Rollup, which is often referred to as a "ZK-Rollup." This innovative architecture supports general computation and is currently functioning as a Layer 2 network on top of Ethereum. 2.STARK Proofs: STARKs are at the core of Starknet's security model. They provide the necessary cryptographic assurances to validate transactions and smart contract interactions while preserving the integrity and trustworthiness of the Ethereum network. 3.Cairo Language: Starknet predominantly employs the Cairo programming language for writing its smart contracts. If you want to know more you can learn it on official website: https://lnkd.in/diKbVNuA #blockchain #ethereum #starknet #layer2 #airdrop #rollup

Decoding Cross-Chain Interoperability by Binance Labs & Binance KEY TAKEAWAYS 🟡In the growing multichain ecosystem, developers face challenges with non-uniform tooling, while users contend with the limitations of chain-specific decentralized applications (“dApps”), resulting in fragmented liquidity and less-than-ideal UI/UX. Cross-chain interoperability emerges as a key solution. 🟡First-generation bridges, using the lock-and-mint model, have faced over US$2B in losses from security breaches, pushing the industry toward more secure, second-generation cross-chain messaging protocols. These newer solutions support native integration and have led to a shift in performance criteria from total value locked (“TVL”) to more transaction- and message-based metrics. 🟡Serving as a generalized infrastructure layer for dApps to build on, cross-chain messaging protocols enable the exchange of not only tokens but also arbitrary data. This evolving ecosystem now supports over 60 chains and boasts over 900% year-over-year (“YoY”) growth in aggregate transaction count. 🟡CCIP, Chainlink's latest venture into the interoperability domain, utilizes a triple-network architecture to ensure robust verification. With a strong focus on security, #CCIP also stands to benefit from Chainlink's established presence to bootstrap initial growth, particularly in connecting TradFi with real-world assets (“RWAs”). Chainlink Labs 🟡LayerZero, having seen a notable uptick in activity in 2023, employs a distinct framework that separates oracle and relayer functions, safeguarding against collusion and misconduct. Its lightweight endpoints, which avoid storing all block headers and transaction proofs, provide significant scalability benefits. 🟡Axelar facilitates advanced cross-chain communication between Cosmos and EVM ecosystems via its General Message Passing (“GMP”) feature, a key driver of network activity. Notably, Axelar connects to 53 chains, showcasing extensive network support, and uses quadratic voting and key rotation to improve security. 🟡Wormhole distinguishes itself as the sole protocol offering support for specific chains like Solana and non-EVM-compatible ones such as Sui. It also has the highest number of ecosystem partners, totaling 94, with Pyth being a significant contributor to its messaging volume. Looking ahead, factors such as maintaining robust security, improving UI/UX, and capitalizing on network effects remain key themes for the growth of messaging protocols. Simultaneously, the progression toward tokenization and TradFi adoption may catalyze their usage further. #RWAs #Interoperability #CCIP #Crosschain

How will native liquid restaking transform the Ethereum ecosystem? Read on. TL;DR - Leveraging Eigenlayer, Ether.fi boosts staking rewards while ensuring security. - Liquid: Enabling dynamic use of staked $ETH across diverse investment opportunities. - DVT democratizes staking by reducing barriers for solo operators. What is Ether.fi about? Ether.fi redefines the staking landscape as a pioneering decentralized liquid staking protocol on the Ethereum blockchain. It empowers users to stake their $ETH while maintaining control over their private keys, setting it apart from traditional staking practices. This ensures users' assets remain secure and retrievable, regardless of the protocol's status or node operators' standing. Unique to Ether.fi is its integration of a programmable layer atop the staking infrastructure, manifesting each validator node into an NFT. These NFTs are not mere collectibles but tools to incentivize and reward participation in the protocol's ecosystem, enhancing the staking rewards and broadening the network's capabilities. Founder Mike Silagadze envisions Ether.fi as not merely an addition to the liquid staking space but a transformative force that champions user autonomy, security, and the principles of decentralization fundamental to blockchain technology. How does $ETHFI token work? Staking $ETH on Ether.fi yields eETH, representing staked $ETH in a liquid form, further enriched through automatic compounding by EigenLayer. This inventive approach augments returns over time without additional user intervention. The $ETHFI token is central to Ether.fi's ecosystem, facilitating protocol governance, treasury management, and fee distribution. Token holders have a voice in pivotal protocol decisions, influence over the treasury's direction, and a claim to a fraction of the fees generated, underscoring the token's integral role in Ether.fi's operation and governance. Future developments Ether.fi is on the brink of introducing groundbreaking features poised to elevate the staking experience. Their future plans include the launch of Etherfan, a gamified NFT layer that integrates loyalty rewards into ethereum staking. This innovation aims to make staking more engaging and profitable, securing Ethereum's network's future. Moreover, Ether.fi's dedication to enabling restaking and developing a composable protocol underscores its commitment to adaptability, growth, and maintaining a leading edge in liquid staking innovation. ether.fi changes staking by ensuring user control and security, directly addressing centralization and enhancing trust in the decentralized ecosystem. How do you envision Ether.fi's innovations impacting your staking strategy? Share your thoughts! #ETHFI #LiquidRestaking #Defi #ethereum #ETH #altcoins