It is said that Distributed Validator Technology, or #DVT, could reshape @ethereum Liquid Staking. Why?
1) What is #DVT?
#DVT provides an open infrastructure for splitting and distributing validator keys into multiple KeyShares in order to run @ethereum validators on a cluster of nodes, allowing individuals, groups, or communities of operator to form as a single validator.
Jan 9, 2023 • 12 tweets • 7 min read
Ethereum will launch the "Shanghai Network Upgrade" in March 2023. What will be changed on @ethereum or, more generally, the #crypto ecosystem with this coming upgrade?
1) What is Shanghai Upgrade?
Conventionally, the upgrade of the @ethereum mainnet is named after the city, such as "London upgrade", "Paris upgrade", etc. The Shanghai upgrade will be another major update of @ethereum.
Cryptoeconomic security has always been a critical challenge for #Web3. As the trailblazer of #crypto, Bitcoin's security model is application-specific, which means any new #dApp needs to build a #blockchain to maintain its own trust network.
@ethereum solves this problem to a certain extent through its modular design. Specifically, the EVM enables #dApps to be built permissionlessly on the @ethereum network by leveraging the underlying security of @ethereum itself, without the need for rebuilding a new trust network
Dec 31, 2022 • 10 tweets • 8 min read
An Ethereum-equivalent ZK-Rollup, also called ZK-EVM, is the holy grail of #L2 scaling solutions because they do not compromise on security or compatibility. Among the many ZK-EVM projects, @Scroll_ZKP is the one that cannot be ignored.
1) Introduction to @Scroll_ZKP
In the current ZK-Rollups technology practices, this solution has an Achilles' heel, which is the lack of #EVM compatibility, causing that all ZK-Rollups have to build unique developer tools and infrastructure from scratch.
Nov 13, 2022 • 7 tweets • 5 min read
Some takeaways on #Layer3:
1) #Layer2 separates some functions from #Layer1, which keeps the consensus mechanism that provides security guarantees in #Layer1 and distributes the functions of computation and execution to #Layer2, thus achieving the goal for scaling on the premise of decentralization.
Oct 26, 2022 • 10 tweets • 5 min read
Look forward to the application scenarios of #DID in the future, it can be simply divided into two categories: Reputation and Relationship.
Reputation can evaluate and classify users by simplifying digital identities into some explicit and trusty labels, so as to do rapid screening. Reputation includes the following application scenarios:
Oct 8, 2022 • 7 tweets • 4 min read
#Web3 security incidents are now happening with increasing frequency, and everyone could be the next victim. Here is a #web3 security guide for users.
1) Double check the project’s official website. In 2020, many phishing websites disguised themselves as @Uniswap and appeared on the page of @Google search result, causing property loss to some users.
Oct 6, 2022 • 7 tweets • 5 min read
#NFT domain name has endless possibilities. I am glad to see @unstoppableweb has made exploration and innovation in this direction.
1) @unstoppableweb was launched in 2019 and provides digital identity solution based on #NFT domain names. Users can buy multiple domain names including .crypto,. NFT, .x, .dao and .bitcoin. in @unstoppableweb.
Oct 5, 2022 • 7 tweets • 4 min read
While #NFT liquidity is drying up and market sentiment is low, #ENS domains have seen a surge in transaction volume under such dire circumstances. Why?
1) @1confirmation cofounder Nick Tomaino changed his Twitter name to 1492.eth last month and explained why #ENS is the perfect #NFT collection: