Original author: Liuye Jinghong

Original source: Weissman's Notes

Author's words:

I stopped updating for several months. I helped others to run other public accounts for a while, but got nothing. I decided to continue to run my own public account. Creating content is actually very contradictory. Often, creating content will turn into creating traffic. In order to obtain direct benefits such as fans and readings, people deliberately fabricate some content to attract people.

To put it in more avant-garde terms, it is to manually weave an information cocoon to cater to the audience, which is inefficient but effective. There is nothing wrong with such content fabrication, but the biggest disadvantage is that it will shrink or amplify certain information, and finally form fomo or fud.

Original author: Jesse Pollak

Original source: twitter

Compiled by: Odaily Planet Daily Wenser

Editor's Note: As one of the hottest L2 ecosystems in 2024, the rise of Base can be said to be the result of the "right time, right place, and right people" - it is not only the godsend opportunity brought by the Memecoin craze, but also the L2 low-gas network based on the OP ecosystem and backed by Coinbase, and the hard work of Jesse Pollak, the head of the protocol, and a group of ecosystem builders.

As for the Base ecosystem, whose TVL has reached 5.5 billion US dollars, Jesse recently gave a brief review and summary at the New York Meme Hackathon, and recently put the content on Zora in the form of NFT, and has minted more than 4,000 copies. In addition, The Based Institute, which was announced on April 24 (the founding declaration NFT has also been listed on Zora, and has minted more than 2,000 copies). Odaily Planet Daily will lead everyone to take a peek at the future development direction of the Base ecosystem from these two contents.

Original author: TechFlow

Original source: TechFlow

Questioning the narrative, understanding the narrative, and becoming the narrative are the classic three steps in crypto hype.

But the creation of a narrative often initially originates from some high-sounding words, such as intent, modularization, parallelization... It sounds short and powerful, making people vaguely understand it - this sexy technical perception is what we want.

But if you ask where these words come from, Top VC Paradigm must deserve the supreme title of "Master of Word Coining".

Last July, Paradigm introduced its top ten trends, among which the concept of intent-centric was mentioned for the first time.

Original title: Solana’s fee-market fork in the road

Original author: ZHEV

Original source: substack

Compiled by: Ladyfinger, Blockbeats

Editor’s Note:

As the DeFi sector rapidly expands, the Solana blockchain is becoming a new hot spot for decentralized applications with its high-performance architecture and innovative technology. However, with the surge in economic activity, Solana's fee market and maximum extractable value (MEV) issues have gradually become the focus of community attention.

This article dives into Solana’s fee market design, challenges, and the potential impact of MEV on its ecosystem, while comparing Ethereum’s experience and strategy. We invited technical expert Zhev, who previously provided in-depth technical explanations of AMMs and other DeFi primitives on his own substack, to provide us with unique insights into Solana’s fee market and the future of MEV. Through this article, we will understand how Solana can solve the growing MEV challenge while maintaining its high-performance advantages, and explore possible development directions for its fee market.

Original author: Holegots, crypto KOL

Original source: notion

Editor's note: Yesterday, according to community user feedback, hackers directly modified the names and online status of multiple io.net machines through the API to pollute data. The names and online status of multiple machines were modified. Ahmad Shadid, founder and CEO of io.net, responded later that hackers could only change the user's device private name, and no one ran any new containers on the machine. The official will fix this problem as soon as possible. Encryption KOL Holegots analyzed how io.net was hacked from a technical perspective and said that there is no need to worry about the current situation. BlockBeats reprinted the full text as follows:

Original author: Mary Liu

Original source: Bitpush

One of the Fed’s preferred inflation measures – the core personal consumption expenditures (PCE) index – showed inflation remained sticky, rising 2.8% in March from a year earlier, above expectations for 2.7%, prompting many traders to reassess their risk exposure.

The cryptocurrency market ended the week poorly, with Bitcoin continuing to test the key $64,000 level repeatedly and most altcoins falling slightly. Bitpush data showed that Bitcoin traded between $63,300 and $64,825 on the day, with bulls and bears evenly matched. At press time, Bitcoin was trading at $63,897, down 1.4% in 24 hours.

Original title: BounceBit Explained

Original author: BounceBit

Original source: Medium

Compiled by: Chain Teahouse

1. Project Introduction

BounceBit is a re-staking project built on the Bitcoin ecosystem. Its goal is to enable BTC to generate organic staking rewards by creating a new ecosystem - BounceBit Chain.

BounceBit's core innovation comes from the BTC re-pledge mechanism, and this new concept is the key to driving the project. BounceBit will build a series of infrastructures to explore the use of re-pledge on various Bitcoin types, which can be in the form of side chains, oracles, bridges, virtual machines, data availability layers, etc. The goal is to support the entire framework through re-pledge and aggregate shared security.

Compiled by: Mars Finance

According to Mars Finance statistics, from April 20 to April 26, there were 16 investment and financing events in the crypto market, including 3 in the infrastructure field, 5 in the asset management field, 2 in the DeFi field, 3 in the blockchain game and NFT field, and 5 in the Web3 field. The total amount of investment and financing disclosed is approximately US$171 million.

There were 7 financings of tens of millions of dollars, including crypto wallet startup Turnkey, fintech company Midas, and blockchain-based Movement Labs.

Compared with last week, the number of investment and financing transactions in the cryptocurrency market dropped significantly this week. In subdivisions, investment and financing amounts this week are concentrated in the direction of infrastructure and DeFi.

Original author: @dadayu34

Original source: Gryphsis Academy

The development and progress of the LLM model and AI are extremely great technological advances in human history. Humanity has since entered the AI ​​era. In this new world, "computing power" is the most scarce resource.

The trend of computing power development is edge computing. This computing method can effectively reduce physical delays and become the cornerstone for the development of low-latency demand industries such as the metaverse. Decentralized distributed cloud computing has the advantages of flexibility, low price and anti-censorship, and its development prospects are very broad.

Aethir is a decentralized real-time rendering platform based on the Arbitrum network. By bringing together high-computing GPUs such as H100, it provides enterprise-level computing services for gaming, artificial intelligence and other companies.

Original author: Lucy

Original source: theblockbeats

On April 10, the U.S. SEC issued a "Wells Notice" to Ethereum infrastructure development company ConsenSys, meaning that the SEC gave the company a last chance to refute any allegations. The SEC stated that by providing the MetaMask wallet software, ConsenSys is acting as an unregistered securities broker.

In response, ConsenSys denied acting as a broker and said the wallet was "simple and user-friendly" and "neither holds customers' digital assets nor performs any trading functions."

Original title: Is It Time To Move Beyond Solidity?

Original author: Joel Monegro

Original source: placeholder

Compiled by: MK, Mars Finance

The EVM has been the most popular blockchain operating system since Ethereum launched nearly a decade ago. Yet few developers enjoy developing in its native programming language, Solidity; some have even likened the experience to “chewing glass.” Still, entrepreneurs have chosen it because it helps gain access to users, assets, and liquidity on Ethereum. But if we want 10x the number of on-chain applications, we must have 100x the number of developers capable of building them. To do this, we must make it easier for average programmers to write complex smart contracts while improving the security and scalability of the underlying infrastructure. This is the core promise behind the Move programming language and the emerging ecosystem of networks using it.

Original author: dt  

Original source: DODO Research

The Runes protocol, which has been long awaited by retail investors, has finally been launched along with the BTC halving. Except for No. 0 which is reserved, everyone can register to issue runes. It immediately overwhelmed the Bitcoin blockchain network at the beginning of its launch, and the transaction fee once exceeded 1,000 sats/vB. According to the Dune Analytics dashboard shared by blockchain research company Crypto Koryo, since the launch of Runes on April 20, it has processed more than 2.38 million transactions, accounting for 68% of the total Bitcoin transactions.

What are Runes?

Original title: Web3 Sauce: How to Make Your Product Irresistible

Original author: Eunika Sot

Source: Outlier Ventures

Compiled by: MK, Mars Finance

The Importance of Market Segmentation in Web3 Marketing

“If something is for everyone, it’s for no one.” This saying is true in the marketing world. Imagine trying to throw a party for everyone in the world. The result would be chaos, disorder, and more chaos.

And when you try to cover the entire market, what you're really doing is standing alone at a party that everyone knows about (though occasionally you might end up like in the movie Perfume, but I hope I don't have to say that's not an attractive option). So let's talk about the ingredient that fuels marketing - market segmentation. How can you use it to create the best party in the world?

Compiled by: Mars Finance

1. Important events in the industry in the past week

1. Industry

Unibot Launches Token Buyback and Other Growth Plans

Unibot posted on the X platform that it will launch three growth plans including a referral system, token buybacks, and rewards. The referral system can develop activities to increase the rewards of participants. All referral commission rewards will be airdropped through the Base ecosystem every Friday. According to the token buyback plan, the team is allocating a large amount of ETH for token buybacks within a few months, and all related transactions and wallet addresses will be publicly disclosed to ensure investor transparency. Every time the balance reaches 0.5 ETH, the 2% Unibot token tax will be automatically allocated to the token buyback. The new reward data dashboard will be more transparent and easier for small investors to accept. The old reward system will be stopped, and the new holder reward dashboard will include ETH and Solana fees.

Compiled by: Mars Finance

Mars Finance Crypto Daily April 26, 2024

1. Today's News

Chess strategy game Anichess completes $1.8 million financing, with Fenbushi Capital and others participating

According to Mars Finance, Animoca Brands-backed chess strategy game Anichess has completed a $1.8 million financing round, led by Sfermion and Amber Group, with participation from Fenbushi Capital, Aspen Digital, SNZ Capital, etc. The new funds will be used to fund game development, marketing activities and team expansion. It is reported that the game was developed by Animoca in cooperation with Chess.com and five-time world chess champion Magnus Carlsen, using PvE gameplay, and is expected to launch the second phase and introduce PvP gameplay later in the first quarter of 2024.

Original author: Alfred, Duoduo

Original source: Medium

Author: Alfred, Duoduo

1. What is Intention?

Since Paradigm explained the concept of intent in "Intent-Based Architectures and Their Risks" published on June 1, 2023, "Intent-Centric" has become an important concept and development direction of Web3.

1. Definition of Intent

In Paradigm's definition, "Intent is a set of signed declarative constraints that allow users to outsource transaction creation to a third party without giving up full control over the transaction parties." Simply put, intent is goal-oriented, weakening or ignoring the implementation process. For example, I want D and am willing to pay A as a cost, without the need to perform the A-B-C-D process operation, and outsourcing the intermediate links to a third party. In abstract terms, the declarative paradigm is centered on intent, while Web3's previous transactions or operations were mostly imperative paradigms.

Original author: Frank

Original source: PANews

On April 25, Bitcoin Layer2 expansion solution Merlin Chain finally opened the BTC unstaking function. BTCs that had been in jail for more than two months can finally be released. This news also brought a short rise in its token MERL. But it seems that the unstaking operation came a little late. Due to the recent decline in pledged assets, Merlin's pledge airdrop caused some users to suffer heavy losses. The previous delay in opening asset unstaking also caused users to complain.

What has happened to the once popular Merlin Chain since its mainnet launch? Why is there so much FUD in the community? How can Merlin solve the current dilemma?

Original author: Alex Liu

Original source: Foresight News

ZPrize is an annual competition that aims to promote the use and development of zero-knowledge cryptography. If you are looking for potential projects in the ZK field, I believe this list of winners will be of great reference value. Let's take a look at the projects!

FPGA and GPU Track

Prize 1A (GPU Acceleration) Winner: StorSwift

The winners achieved a speedup of 430 ms in the competition for "Accelerating Multiple Scalar Multiplication Operations on GPUs," a 17.5% improvement on the benchmark.

The StorSwift team is committed to staying at the forefront of blockchain security and privacy technology, promoting the development of zero-knowledge proof (ZKP) technology to ensure the security and privacy of blockchain transactions and applications, and at the same time, deeply involved in multiple second-layer scalability solutions to enhance network performance and efficiency.

Original author: Christine Kim

Original source: Galaxy

Original title: Ethereum All Core Developers Execution Call#186Writeup

Compiled by: Frost, BlockBeats

Editor’s Note:

The Ethereum All Core Developers Consensus Call (ACDE) is held every two weeks to discuss and coordinate changes to the Ethereum Execution Layer (EL). This is the 186th ACDE call, during which developers discussed preparations for Pectra Devnet 0 and EIP 3074 implementation. They detailed the progress of various client teams in preparing for Pectra Devnet 0, and discussed proposed changes to the EIP 3074 specification and related testing progress.

Original author: @Yinan_cycle

Original source: X

Renzo is an Ethereum re-collateralization protocol built on @eigenlayer. It simplifies the complexity of re-collateralization on Eigenlayer, providing users with a more accessible and liquid way to participate in the process. Renzo allows users to deposit Ether and Liquid Staking Tokens (LST) in exchange for ezETH, a Liquid Staking Token (LRT) that can be used in DeFi applications.

In simple terms: users can stake their ETH or LST tokens into Renzo, and Renzo will put the user's ETH or LST tokens into Eigenlayer. Because there are many AVS on Eigenlayer and there are many composabilities, it would be complicated for users to operate. Renzo will choose AVS for users to entrust, thereby lowering the user's operation threshold, and at the same time provide users with the annualized income of staked ETH, as well as Eigenlayer's point rewards and Renzo's point rewards.