على الرغم من أن تقنية Blockchain تعتبر تحويلية، إلا أنها لا تخلو من التحديات. لقد تم إعاقة عملية التبني بسبب العديد من الاختناقات ونقاط الفشل. ومع ذلك، تظهر حلول مبتكرة لمعالجة هذه المشكلات، مع وجود مشروع واحد بارز: Coinweb #Layer2 #web3 #infrastructure تعد Coinweb رائدة في إنشاء طبقة حسابية لا تعتمد على تقنية blockchain، حيث تعمل على توحيد سلاسل الكتل المتصلة لتقليل التكاليف والتعقيد ومخاطر فشل السلسلة. فيما يلي، نعرض بالتفصيل الابتكارات الرائدة التي تقدمها Coinweb:
في عالم التمويل اللامركزي المتطور باستمرار، تعتبر الابتكارات مفتاحًا للبقاء في المقدمة. أدخل MeetAstro.ai، روبوت ذكي وتفاعلي رائد مبني على منصة Coinweb. هذا الروبوت المبتكر يستفيد من نظام Coinweb لإنشاء طرق جديدة ومثيرة لتفاعل المستخدمين مع التمويل اللامركزي. ولادة MeetAstro.ai تم تصور MeetAstro.ai برؤية تبسيط وتعزيز تفاعلات المستخدمين ضمن نظام التمويل اللامركزي. أسترو هو مساعدك الذكي والشخصي في عالم التمويل اللامركزي.
Understanding RDoC (Refereed Delegation of Computation) in Coinweb
The Refereed Delegation of Computation (RDoC) is a novel approach within the Coinweb ecosystem that aims to enhance efficiency, security, and interoperability in blockchain operations. Here's a brief overview of how it works: 1) Verification by Participants Traditional blockchains rely on consensus mechanisms where a majority of nodes participate in processing every computation. In contrast, RDoC allows any participant in the Coinweb network to verify the validity of information. Specifically, RDoC requires only one honest node to verify the correctness of data. This streamlined approach reduces the computational burden and accelerates transaction validation. 2) Inter-Blockchain Proofs RDoC extends its utility beyond individual blockchains by enabling inter-blockchain proofs. When information needs to be proven across different blockchains, RDoC steps in. It ensures that data can be verified seamlessly without relying on consensus nodes typically used in other interoperability projects. 3) Offloading Computation A key feature of RDoC is its ability to move proof computations away from the expensive Layer 1 (L1) execution environment. Instead, these computations are offloaded to thin clients, such as mobile devices or decentralized application (dApp) front-ends. By leveraging lightweight clients, RDoC reduces overhead. Off-chain data can be efficiently verified without burdening the main blockchain. 4) Security and Cost Efficiency RDoC strikes a balance between security and cost-effectiveness. Requiring only one honest node enhances security while maintaining decentralization. Offloading computations reduces the overall cost of verification. Use Cases Enabled by RDoC. RDoC opens up exciting possibilities: Cross-Chain Liquid Staking: Users can stake tokens on one blockchain and utilize the staked value on another chain, all without relying on a centralized intermediary.Decentralized AI Bots and Marketplaces: In decentralized AI applications, RDoC can be used to verify the outputs of AI models off-chain. This ensures that the computations are correct and trustworthy without overloading the blockchain.Non-Custodial Staking: Users can stake their tokens in a non-custodial manner, meaning they retain control over their assets while still participating in staking activities. RDoC ensures the integrity of these staking operations.Optimistic Decentralized Exchanges (DEXs): RDoC can be used in optimistic DEXs to verify transactions off-chain, reducing the load on the main blockchain and improving transaction speeds and costs.Multichain Asset Markets: RDoC enables the creation of markets where assets from different blockchains can be traded seamlessly. This is particularly useful for tokenized assets that exist on multiple chains.Others more... Some examples of Real Life Use Cases: 1) Supply Chain Transparency and Efficiency: Scenario: A global electronics manufacturer wants to ensure transparency and efficiency in its supply chain, from raw material sourcing to the delivery of finished products to retailers. Problem: Traditional supply chain systems often suffer from a lack of transparency, leading to issues like counterfeit products, delays, and inefficiencies. Verifying the authenticity and status of goods at each stage can be challenging and costly.
Solution with RDoC: Data Verification: Using RDoC, the manufacturer can verify the authenticity of data provided by suppliers, transporters, and warehouses. Each participant in the supply chain can submit data off-chain, which is then verified by thin clients (e.g., mobile devices or dApp front-ends) using RDoC.Interoperability: RDoC enables seamless data sharing and verification across different blockchain networks used by various supply chain participants. This ensures that data integrity is maintained without the need for a centralized authority.Cost Efficiency: By offloading computation to thin clients, RDoC reduces the need for expensive on-chain processing. This makes the system more cost-effective and scalable.Real-Time Tracking: The manufacturer can track the movement of goods in real-time, with each stage of the supply chain providing verifiable updates. This reduces the risk of delays and ensures that any issues can be quickly identified and addressed. Benefits: Increased Transparency: All participants have access to verified, real-time data, reducing the risk of fraud and errors.Improved Efficiency: Faster verification processes and reduced computational costs lead to a more efficient supply chain.Enhanced Trust: With verifiable data at each stage, trust among supply chain participants is strengthened. This example illustrates how RDoC can transform supply chain management by enhancing transparency, efficiency, and trust. 2) Secure and Efficient Healthcare Data Sharing: Scenario: A network of hospitals and clinics wants to securely share patient data to improve the quality of care while ensuring data privacy and compliance with regulations like GDPR. Problem: Traditional methods of data sharing in healthcare are often slow, insecure, and prone to errors. Ensuring data integrity and privacy while sharing sensitive information across different institutions is challenging. Solution with RDoC: Data Verification: Using RDoC, healthcare providers can verify the authenticity of patient data shared between institutions. Each hospital or clinic can submit data off-chain, which is then verified by thin clients (e.g., secure mobile devices or dApp front-ends) using RDoC.Interoperability: RDoC enables seamless data sharing and verification across different blockchain networks used by various healthcare providers. This ensures that data integrity is maintained without the need for a centralized authority.Cost Efficiency: By offloading computation to thin clients, RDoC reduces the need for expensive on-chain processing. This makes the system more cost-effective and scalable.Real-Time Access: Healthcare providers can access and verify patient data in real-time, ensuring that they have the most up-to-date information for making clinical decisions. This reduces the risk of medical errors and improves patient outcomes. Benefits: Enhanced Data Security: All patient data is verified and securely shared, reducing the risk of data breaches and ensuring compliance with privacy regulations.Improved Efficiency: Faster verification processes and reduced computational costs lead to more efficient data sharing and management.Better Patient Care: With real-time access to verified patient data, healthcare providers can make more informed decisions, leading to better patient outcomes. This example illustrates how RDoC can transform healthcare data management by enhancing security, efficiency, and the quality of patient care. In summary, RDoC represents a paradigm shift in blockchain verification, emphasizing efficiency, security, and cross-chain compatibility. As Coinweb continues to evolve, RDoC plays a crucial role in shaping the future of decentralized systems.
Technical deep dive available: https://docs.coinweb.io/learn/protocol/refereed-delegation-of-computation-rdoc
Original RDoC Whitepaper: https://www.cs.tau.ac.il/~canetti/CRR11.pdf
Over years, the need of parallel processing and decentralisation has been on the rise. Technologies like blockchains and secure multi-party computation (SPMC) have developed to solve these issues.
Blockchain enables a common ledger to be shared across decentralized networksSMPC is built for processing and computation within a trustless environment
Let’s talk about the principles of SMPC:
Information-Theoretic Security (ITS) based - a security that is cryptoanalytically unbreakableDistributed computation between trustless nodes But the major issue of SMPC is that of scalability due to internode-messaging, which takes A LOT of time to process.
Nillion is created by combining the strength of SPMC and Blockchains, enabling a cutting-edge (non-blockchain, non-traditional SMPC) network that can deliver decentralised computing to blockchains and developers at speeds that are nearly client-server fast. Nillion is redefining the landscape of decentralized networks. Unlike traditional blockchains, Nillion takes a novel approach that allows nodes to collaborate beyond the constraints of a blockchain. It aims to create a decentralized ecosystem that empowers developers, users, and businesses.
Let’s dive into the key aspects of this innovative project:
Instead of relying on a linear chain of blocks, Nillion leverages a technology known as Secure Multi-Party Computation (SMPC). At the heart of Nillion’s innovation lies the concept of Nil Message Compute, it allows for the implementation of a decentralized, private, performant, ITS, and versatile public network. Nil Message Compute paves the way for decentralized processing, storage, and data handling. It serves both existing blockchains and acts as a native public utility. With Nil Message Compute, Nillion enables off-chain computation. Nodes collaborate securely, performing complex tasks without relying solely on a blockchain. Nillion promotes interoperability between different ledgers. It bridges gaps, allowing seamless communication across decentralized networks.
The Nillion network will be developed in three phases:
Phase 1: Will comprise the development of a secure, public network for the storage and use of private informationPhase 2: Will focus on the development of a Meta Layer that enables the Nillion Network to enhance and connect different blockchains, thus providing interoperability and cross-chain computation solutions.Phase 3: Will be the implementation of the final vision of Nillion – the secure processing layer
What could be the different applications and use cases ?
Interaction with centralised wallets:One iteration of using the authentication services would be the integration of this private key storage solution within a crypto walletThe wallet would then be able to sign transactions on behalf of the user without needing the private key to be held on a device or centralized serverStoring official documents:Nillion’s infrastructure can be used to store documents such as identity documents, deeds, wills, titles, contracts, and agreements.Individuals will be able to link these documents to a set of decentralized authentication factors, whereby only the individual will be able to access or edit the contents.Furthermore, official purchasing documents such as deeds or other entitlements could be transferred between parties without the need for an intermediarySimilarly, businesses can store data such as customer 42 data, secret formulas, trade secrets, and any other intellectual propertyPrivate smart contracts on public blockchains:One key use case is the enabling of decentralized private smart contract compute and a secure execution environment for public blockchainsHere’s an example:The user writes the smart contract in Solidity.The user sends it to Nillion for execution.The user also sends a hashed version of the inputs to Nillion’s smart contract in Ethereum.The smart contract is executed in Nillion with full confidentiality.Interoperability:Nillion will enable blockchain interoperability solutions to allow for the transmission of assets, events, and data.Advanced cross-chain solutions become possible when built on NMC-enabled interoperability schemes.Multi-Party Programs running in the Meta Layer could be used to link complex systems that span chains and protocols, providing support forbridgesliquidity aggregatorscross-chain decentralized exchangesA unified multi-chain wallet with ITS authentication:Nillion enables a true multi-chain wallet by allowing a user to securely store all the private keys from different blockchain wallets in a single, completely decentralized, Nillion account or walletThe keys are kept in particalized form so that an attacker would have to compromise an unfeasibly large proportion of all Nillion nodes in order to piece them back together.Gated NFT metadata and content:The privacy and granular control of access to secure information enabled by Nillion’s design unlocks the next generation of use cases for NFTs on any chain.When tokens point to data hosted in the network, Nillion can offer tools to gate access to the metadata or underlying content, providing minters and owners the ability to decide who can see or interact with their propertyDAO tools:DAO tools represent another use case that takes advantage of the Nillion Network’s privacy features.NMC can support decentralized anonymous voting through the creation of a voting core service.The network can also help DAOs manage private information.
The NIL Token:
The NIL token will be Nillion’s native utility token. NIL will initially be implemented using Ethereum’s ERC-20 standard. NIL tokens will be used to: Access the network and use various Nillion services.Align economic incentives and node cooperation through staking.Incentivize nodes to maintain high performance and uptime. NIL tokens will also play a key role in the governance of the network through the Nillion Decentralized Autonomous Organization (nilDAO).
Who is behind Nillion?
The team behind Nillion have founded several billion-dollar crypto and non-crypto companies together, including two of the top 100 cryptocurrencies. Chief Scientist Dr. Miguel de Vega is the Inventor of NMC and has authored over 30 patents in the fields of machine learning, data optimization and mathematics.CTO Conrad Whelan was the Founding Engineer of Uber.Head of Cryptography Dr. Elizabeth Quaglia is a senior lecturer at Royal Holloway, University of London, one of the world’s leading cryptography institutions.CEO Alex Page is a seasoned ex-Goldman Sachs investment banker.Director of Crypto Tristan Litré was previously CTO of a DeFi platform and is an avid crypto-native DAO contributor.Chief Business Officer Slava Rubin was the Co-Founder and CEO of Indiegogo.CMO Andrew Masanto previously started Hedera Hashgraph and Reserve.
Please check out the the relevant links to learn more about the project:
CWAP is a new cross-chain decentralized exchange (DEX) that aims to revolutionize the way we trade digital assets. Similar to @THORSwap and @Chainflip, CWAP supports Bitcoin and a wide range of other blockchains. However, it introduces some key differences that set it apart from the competition. • Innovative Approach to Security Unlike traditional DEXs that rely on a blockchain with stakers and validators, CWAP uses collateralized smart contracts on the @CoinwebOfficial platform exploiting the maximum capabilities of PACTs. This innovative approach dynamically adjusts the collateral for securing swaps based on the transaction amount and the time required to complete the trade. This is a significant departure from the staked validator approach, which often ties up capital through validator auctions and fixed epoch time slots. • Cost-Effective and Flexible By avoiding the need for staked validators, CWAP cuts costs significantly, offering 50-95% savings. This cost-effective model also enhances the DEX's flexibility, making it easily extendable with other DeFi tools. All these tools can be deployed as smart contracts on the same platform, streamlining the process and reducing complexity. • Permissionless Listings CWAP allows for the permissionless listing of cross-chain pairs, similar to how pairs are listed on Uniswap. This feature promotes a more open and inclusive trading environment, enabling users to list and trade a wide variety of assets without the need for centralized approval. • Supported Chains CWAP supports a diverse range of blockchains, including: - $BTC - $ETH - $BNB - $EGLD - $KUJI - $BCH - $LTC - $MATIC - $DOGE - $ARB More chains will be added over the time!!! • Commitment to Decentralization CWAP is committed to increasing the total market share of DEXs by providing a better cross-chain trading experience. The platform stands firm in its belief in decentralization, self-custody, and uncensored economic freedom. CWAP aims to offer more ways for people to achieve these ideals, without competing directly with other DEXs like @THORSwap, @MaiaSwap, or @Chainflip. Instead, CWAP sees itself as part of a united front against censorship and economic control. • TL;DR - 🟪 More secure, 50-95% cost-savings - 🟦 Permissionless & promoted listings - 🟪 Connects any blockchain, including Bitcoin - 🟦 Less offchain infrastructure than similar DEXs CWAP is here to provide a more secure, cost-effective, and flexible solution for cross-chain trading, addressing the significant lack of options for decentralized trading of native $BTC. By leveraging innovative technology and a commitment to decentralization, CWAP is poised to make a substantial impact on the DEX market. Deep dive and interact with the team by connecting to their socials: TG: https://t.me/CWAPSWAP X Page: https://x.com/cwapswap?s=21&t=oSGqeP-2Naadz19txnLohg
تتناول Coinweb العديد من التحديات الموجودة في نظام #Ethereum البيئي، وخاصة حول حلول #Layer2 (L2) و#cross-chain التداخل. إليك كيف تتعامل Coinweb مع كل من هذه القضايا: 1. نقل الرموز بين شبكات Layer 2 التحدي: يتطلب نقل الرموز من L2 إلى آخر غالبًا منصات جسور مركزية ويكون معقدًا للمستخدم العادي. على سبيل المثال، لا يمكنك ببساطة إرسال الرموز من Optimism إلى عنوان Arbitrum مباشرة. الحل: توفر Coinweb نهجًا فريدًا من خلال إنشاء طبقة بروتوكول عامة تعمل عبر شبكات بلوكتشين مختلفة. يتيح ذلك التداخل السلس بين حلول L2 المختلفة دون الحاجة إلى جسور مركزية. يدمج تصميم Coinweb سلاسل مختلفة على مستوى الإجماع، مما يمكّن الرموز من الانتقال بين السلاسل بكفاءة وأمان. تجعل هذه التبسيط من السهل على المستخدمين نقل الأصول عبر شبكات L2 المختلفة من خلال تجريد التعقيدات المرتبطة بالمعاملات عبر السلاسل.
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