Crypto&& Coffee 147
Technical Summary:
BitcoinThe term “Bitcoin” refers to the Bitcoin network,…See more:
core developer it started working group around cluster memory pool proposal. This proposal aims to make it easier to operate on mempools while respecting the necessary transaction ordering. In this design, cluster One or more related transactions can be split into chunks sorted by commission rate. So every chunk is block itA block holds a batch of hashed and valid transactions. As long as all previous high-fee rate unconfirmed chunks are included in the previous of the same block.
David Perkins of Ren Protocol publish article about Framework for application-specific Bitcoin bridges.
Ethereum:
Vitalik Buterin shares an article on how to: Recreate Ethereum Cypherpunk.
December 30, 2023, Vitalik shared Updated roadmap for Ethereum.
Ethereum researchers publish the following paper: article The Path Toward Scaling Ethereum Data Availability Layer Posts EIP-4844. With this, they envision scaling to 32/64 blobs, 10 times the size of EIP-4844.
Christine Kim of Galaxy provide Insights into the last All Core Devs Execution Call of 2023: Dencun update, pre-compilation for testnet addressIn the context of cryptocurrency, an address is encrypted information. Upgrades to the family and Prague/Electra are planned before the end of 2024.
Other chains:
A parallel network is introduction! Parallel is the first omnichain layer 2 provided by Arbitrum. The platform consolidates liquidity from all chains into a single account.
Haptic Finance, a trustless protocol for Optimism options, is now available. Available For early access. The protocol combines an automatic liquidity management (ALM) vault and a permanent options market.
ERC-7412 is introduction This allows smart contract engineers to call functions to integrate off-chain data. trust“Oracle” smart contracts are hybrid smart contracts. contract. This feature uses the Synthetix Multicall3 implementation, which acts as a conduit through: ERC-2771.
mantle provide It provides insight into how Liquid Staked Tokens (LSTs) created a new DeFi sector that people are naming LSDFi.
helium stock Insights on how to transition your Solidity programming from Ethereum to Solana.
Among more than 70 chains in the Cosmos ecosystem, Sommelier is appear It showed the largest increase in terms of TVL growth rate compared to the previous year. As of December 27, 2023, it had skyrocketed from $1 million to $61 million.
GrowthThePie stock There was ~900 million work Layer 2 networks in 2023. 274M in Arbitrum, 218M in zkSync, 127M in Optimism, 93M in Immutable.
starkware stock An annual review focusing on layer 2 networks and open source elements such as Stone Prover, Starknet Sequencer, and Papyrus full node.
Hacking | vulnerability | Exploit:
On December 20, 2023, Transit Finance will be exploited ~$110,000 in BSC due to functional vulnerability. pass Incorrect input validation.
On December 22, 2023, Pine Protocol will be exploited Since there are both old and new versions, it sells for ~$90,000 on Ethereum. smart contractSmart contracts are computer protocols for digitalization. They share the same address. This shared pool address between the two contracts resulted in: execution Fund transfers originating from the same address to different pools.
On December 31, 2023, Orbit Chain will be exploited It reached ~$81.6M on Ethereum due to lack of access and misuse of valid signatures. The address drained Orbit’s Ether, USDT, USDC, DAI, and WBTC vaults.
Mainstream Summary:
There are 11 spot Bitcoin ETFs. filer (Grayscale, ARK, iShares, Bitwise, VanEck, WisdomTree, Invesco Galaxy, Wise Origin, Valkyrie, Hashdex and Franklin) are being closely watched, targeting potential approval between January 8 and 10, 2024.
Coin Center stock Starting January 1, 2024, new cryptocurrency tax reporting obligations will apply to those who receive $10,000 or more in cryptocurrency.
Alex Pruden, CEO of Aleo Systems Inc. cascade He stepped down from his position to become executive director of the Aleo Foundation.
Jesse Pollak of Coinbase Base Network Shares thought It explains how the belief is that most new users in the space will onboard directly through layer 2 networks.
This week’s cup of coffee:
This week we’re heading to San Francisco, California for a cup of coffee. Ethiopia – Burn Farmers Group At Sightglass Coffee. This Ethiopian roast produces light flavors of strawberry and stone fruit with subtle notes of cocoa and caramel. We recommend brewing pour-over for the best quality! Take a sip and enjoy!!