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SoSo Daily May 9 | Coinbase acquires Deribit for 2.90 billion USD, betting on the future of the crypto derivatives market
SoSo Daily May 9 | Coinbase acquires Deribit for 2.90 billion USD, betting on the future of the crypto derivatives market
SoSo Daily May 9 | Coinbase acquires Deribit for 2.90 billion USD, betting on the future of the crypto derivatives market
SoSo Daily May 9 | Coinbase acquires Deribit for 2.90 billion USD, betting on the future of the crypto derivatives market
SoSo Daily May 9 | Coinbase acquires Deribit for 2.90 billion USD, betting on the future of the crypto derivatives market
SoSo Daily May 9 | Coinbase acquires Deribit for 2.90 billion USD, betting on the future of the crypto derivatives market
SoSo Daily May 9 | Coinbase acquires Deribit for 2.90 billion USD, betting on the future of the crypto derivatives market
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Source Network
Decentralized data management network
source
Twitter
Categories:
Infra
Founded:
2022
Source Network is a decentralized data management network. With DefraDB, its P2P database, and trust layer protocol, SourceHub, developers gain the tools and infrastructure to create truly decentralized applications. By leveraging native cryptographic primitives for data security, granular privacy controls, and P2P synchronization across a wide array of edge devices, cloud platforms, and decentralized infrastructure providers, Source Network eliminates vulnerabilities in Web3 and provides developers with unprecedented flexibility and security to unlock the true potential of decentralized applications.
Source Network Fundraising
Investor
RW3 Ventures
Powered by
News
Tether Launches Open-Source AI Runtime to Build a Peer-to-Peer Network of Billions of AI Agents
$USDT
The Block
4 days ago
Integrating Sui Network into the open-source WORLD AI protocol in WORLD3
$SUI
$SUIA
律动
28 days ago
WORLD3 integrates Sui Network into the open-source WORLD AI protocol for artificial intelligence agents.
$SUI
$SUIA
BlockBeats
29 days ago
DeepSeek integrates the Mind Network into its open-source code repository and launches the first crypto AI security solution.
#DeFi
TechFlow
Feb 25, 2025
Ethereum's open-source communication platform Status will collaborate with Linea to launch the Layer 2 network Status Network.
#Layer2
$ETH
$FOXY
$SNT
Odaily
Aug 20, 2024
THORChain network announces open-source
#DeFi
$RUNE
$X
Odaily
Jul 1, 2024
Eigen Labs acquires Rio Network and plans to open source its code and intellectual property.
#DeFi
吴说
Jun 12, 2024
Eigen Labs acquires Rio Network and plans to open source its code and IP
#DeFi
Odaily
Jun 11, 2024
Polyhedra Network launches open-source repository for zero-knowledge proofs on X platform.
#Layer1
Odaily
Jun 9, 2024
Popsicle Network and Multiadaptive Launch First Solana VM Rollup Open Source Framework
#Layer2
$BOME
$BTC
$TNSR
BlockBeats
May 17, 2024
POLYHEDRA NETWORK opens source zero-knowledge proof system EXPANDER to support new application scenarios
#Layer1
Odaily
May 8, 2024
OMNI NETWORK Launches OCTANE Open Source EVM Framework
#Layer1
Odaily
May 7, 2024
Polyhedra Network Launches Expander, a High-Speed Open-Source ZK Proof System
#DeFi
The Block
May 2, 2024
QTUM is about to launch AI services, including a decentralized GPU network and open-source LLM model.
#DeFi
$QTUM
$AI
TechFlow
Mar 11, 2024
HEDERA Open Source POS Network Warning: No Airdrops, Reminding Users to Be Wary of Suspicious Links
#DeFi
$HBAR
TechFlow
Feb 24, 2024
PYTH NETWORK Launches STRK/USD Price Data Source
#DeFi
$STRK
$STRK
TechFlow
Feb 20, 2024
PYTH NETWORK Launches LQTY/USD Price Data Source
#DeFi
$LQTY
TechFlow
Feb 15, 2024
PYTH NETWORK Launches ONDO/USD Price Source
#DeFi
ForesightNews
Jan 29, 2024
Pyth Network launches ORDI/USD price data source.
$BTC
$PYTH
BlockBeats
Dec 11, 2023
🪂Confirmed Airdrop from Source Network🪂 — Partnered with ChainLink — Source Network Airdrop Guide
#Layer1
BeforeCrypto
Nov 27, 2023
Open Source Network Airdrop- $80 -$150
0xWeb3
Oct 8, 2023
🔐 Announcing the Sovereign AI Alliance (SAIA) 🔐 Today, @getDataHive, @NuklaiData, @cheqd_io, and @DGramNetwork unite to build the framework for open source, decentralized AI powered by user-owned data. The post-web era begins now: your intentions, your data, your AI.
getDataHive
7 hours ago
📢The Sovereign AI Alliance is formed cheqd has joined forces with @getDataHive, @NuklaiData & @DGramNetwork to build the framework for open source, decentralized AI powered by user-owned data 👇Study the Intention Network Protocol & SAIA roadmap Read: https://t.co/NaP8NlRTpF
$CHEQ
cheqd_io
8 hours ago
VERIFIABLE COMPUTE CONSORTIUM PARTNER: PHALA NETWORK We’re excited to welcome @PhalaNetwork as a partner in our verifiable compute consortium! Phala provides decentralized, privacy-preserving compute by securely running AI models inside Trusted Execution Environments (TEEs)—ensuring truly verifiable, zero-trust workloads. Their infrastructure makes transparent computing simple to deploy, build on, and verify: 💻 Phala’s GPU TEE solution provides verifiable secure inference LLM inference inside TEE ☁️ Phala Cloud is a hosting solution for TEE apps As we work towards advancing the open-source AI ecosystem, we’re excited to improve on trust within AI through partnering with Phala!
$AI
SentientAGI
9 hours ago
🚨 New Listing Alert: @akashnet_ (AKT) is now live on https://t.co/YRrvW4lldd! We're excited to welcome $AKT, the native token of Akash Network, to the https://t.co/YRrvW4lldd trading platform. Akash is a decentralized cloud computing marketplace, offering an open-source, low-cost alternative to traditional cloud providers — and now you can trade it directly on XBO. 🔹 Trading Pair: AKT/USDT 🔹 Available Now on https://t.co/YRrvW4lldd 👉Start trading today: https://t.co/RMsY1a0MJQ
#Layer1
$AKT
XboOfficial
11 hours ago
Tether donates another $100 thousand to the BTCPay Server Foundation to support the development of the open-source payment platform
#DeFi
$BTC
$USDT
PANews
12 hours ago
Reallocation isn’t a trend — it’s inevitable. 1️⃣ Open-source code means every protocol competes for users. 2️⃣ Switching costs are near zero. 3️⃣ Network effects fade fast. 4️⃣ Incentives are now programmable. With tools like Nudge, users hold the power — and the rewards
#DeFi
nudgexyz
14 hours ago
🔴 Sei Ecosystem Month: Featuring @TakaraLend - A decentralized, open-source money markets protocol built on @SeiNetwork. Bridge to Sei, stake & claim rewards: • Enjoy up to 40% APY • Rewards: $500,000 SEI • 8 May - 8 Aug, 16:00 (UTC+8) Full details: https://t.co/bUh9UW7sOK https://t.co/YNPv5yyKAF
#DeFi
$SEI
BitgetWallet
17 hours ago
Your AI Agent network’s new brain. 🚀 🔥 Meet Contextus! Built by MATRIX AI Network, it's the open-source hub that makes multi-model orchestration seamless. 🔹 One CLI to rule them all 🔹 Smart routing & context profiles 🔹 Global model registry 📃 https://t.co/LhnCIVY32F https://t.co/16dqa9K0DK
$MAN
MatrixAINetwork
1 day ago
Key Market Intelligence for May 8: How Much Did You Miss?
#Layer1
$KAITO
$OBOL
BlockBeats
1 day ago
Summary of Important Cryptocurrency and Blockchain News on May 6-7, 2025
$BNB
$BTC
$SOL
PANews
1 day ago
Key Market Intelligence for May 7: How Much Did You Miss?
$BNB
$BTC
$USDE
BlockBeats
2 days ago
HTX Ventures: The Crypto Market Enters a New Policy-Driven Cycle, with Legalization and Dollarization Becoming the Main Themes
#Macro
$BTC
$HTX
BlockBeats
2 days ago
🚀 Next level in AI Blockchain: Contextus! A revolutionary open source solution from MATRIX AI Network: Contextus is a routing and context hub that works like the brain of MCP-based models! 📖 https://t.co/6lCtSJ3IZC #Bitcoin #Altcoins #Bitcoin2025 #KuCoin https://t.co/elwjYupNLG
$MAN
MatrixAINetwork
2 days ago
Off the back of the EF’s recent announcements, Vitalik dropped a new post: “Simplifying the L1.” In it, he lays out a long-term vision to streamline $ETH's base layer — arguing that it needs to be as simple as $BTC in five years if it wants to be the world’s settlement layer. Here’s the gist of Vitalik’s plan.👇 ~~ Article by @davewardonline ~~ |— Why Simplicity Matters For @vitalikbuterin, simplicity isn’t just about cleaner code — it’s about making Ethereum stronger. The more people who can understand and, as a result, work with the protocol, the more secure, decentralized, and adaptable it becomes. He points to Bitcoin: its base layer is so minimal a high schooler (he believes) could build a client. That simplicity has helped it remain stable, widely auditable, and hard to corrupt. Ethereum, by contrast, has added complexity over time — sometimes necessary, often not. This complexity has slowed upgrades, increased risk, and made contributing harder. Simplifying now would unlock key advantages: • Easier to verify and secure: Less code means fewer places for bugs or attacks to hide. • Lower maintenance burden: Fewer legacy systems make future upgrades smoother. • Wider contributor base: Simpler design invites more developers to get involved. • Stronger neutrality: Clear, predictable rules are harder to manipulate or politicize. With the network stable and ready to mature, Vitalik sees now as the moment to clean house. |— 1. A Simpler Consensus Layer For simplifying consensus, Buterin points to the new Beam Chain proposal, which advocates replacing older, complex systems with a cleaner design: ⚙️ Simpler core with 3-slot finality: Cuts out technical systems like epochs, committee shuffling, and sync committees, making the consensus engine easier to understand, audit, and maintain. 🔗 Easier fork choice rules: Reduces the number of active validators at any time, lowering complexity when deciding which version of the chain to follow and improving safety. 🗳️ Simpler vote collection (STARK-based): Makes it easier and cheaper to gather validator votes without needing to trust specific actors or deal with repeated data. 🧹 Cleaner validator lifecycle: Makes validator onboarding, exiting, key updates, and offline recovery more straightforward, reducing edge cases and helping the network define clearer safety windows. 🤝 Simplified peer-to-peer communication: Fewer protocol parts make it easier for nodes to connect, sync, and stay in agreement. |— 2. A Simpler Execution Layer Next, Vitalik reiterates support for replacing Ethereum’s current virtual machine — the EVM — which he sees as bloated and a blocker to scalability, with the simpler, more modern RISC-V alternative. For those who missed our piece on RISC-V, this general-purpose virtual machine can be thought of like Linux for hardware: a clean, open-source blueprint already used by companies like Intel and Arm to build chips. In Ethereum, it would serve as the new smart contract engine, offering these benefits: → Simpler virtual machine spec: Far easier to understand than the EVM, reducing bugs, making upgrades easier, and being better suited for long-term maintenance. → Fewer special-case shortcuts (precompiles): Replaces most built-in functions with regular smart contract code, shrinking the base protocol and making it easier to maintain. → Already in use for ZK: Used by projects like @RiscZero and @succinctlabs since RISC-V speeds up zero-knowledge proofs. → More language flexibility: Developers could use languages like Rust or Move, not just Solidity. Vitalik sees this as a chance to build the foundation back better, potentially increasing its performance by 100x. |— 3. A Backwards-Compatible Transition What happens to all the apps and tools that still rely on the EVM? Vitalik lays out a phased transition plan that keeps everything working, without forcing the base protocol to carry legacy baggage forever. The aim: move legacy features out of the core, where they still work but don’t weigh Ethereum down. Like storing old files in the cloud, they're still there if needed, but off your desktop. This keeps the core protocol lean while preserving compatibility for everything already built. Here’s how he proposes doing it: 1. Start with RISC-V precompiles: New features would be built using RISC-V, warming the ecosystem up to the VM. 2. Support both VMs: Developers could deploy in either EVM or RISC-V, with full cross-compatibility, during the transition. 3. Swap precompiles for RISC-V code: Replaces most built-in functions with simple onchain RISC-V, cutting protocol bloat. 4. Wrap the EVM in a contract: Moves the EVM into a RISC-V smart contract, meaning older logic would still work, but wouldn’t clutter up the most sensitive parts of the protocol. This way, Ethereum can clean up its foundation without breaking what’s already built. |— 4. Shared Standards = Less Complexity Lastly, Vitalik wants to simplify Ethereum by standardizing tools across the network. Right now, different parts of the protocol often solve the same problem in slightly different ways — mostly because teams build them separately. Unifying those pieces under shared standards would cut down on complexity and make the whole stack easier to maintain. His suggestions: • One shared encoding system (SSZ): Already used in the consensus layer to track network state. Expanding it across Ethereum would simplify tooling and make apps easier to build and connect. • One shared method for splitting data (erasure code): Ethereum splits and verifies data in multiple areas: data availability sampling, P2P broadcasting, and history storage. Using the same method everywhere would cut code, improve speed, and ensure data checks out. • One shared state structure (tree format): Replacing the current complex (Merkle) data tree with a simpler, binary one would save space, speed up proofs, and help light apps work more efficiently. Overall, @ethereum's strength is its flexibility, but it's become complex. Vitalik envisions making Ethereum simpler yet powerful — leaner, clearer, and easier for building. To support crucial data and systems, Ethereum must be scalable and durable, starting with simplification. ![Image](https://static.sosovalue.com/sosovalue/2025/05/06/4f9dc95b-a8e4-4677-b91f-fb8822ed2dbb.png)
#Layer1
$BTC
$ETH
BanklessHQ
2 days ago
@ionet has been on blocmates’ radar since last year. If you’ve been following our posts, you’d have likely seen us break down how this network is comfortably seated at the epicenter of the DePIN and AI revolution. From DeepSeek to BLOOM and Falcon, open-source LLMs are making life easier—but training and deploying them takes serious compute power. That’s where https://t.co/BS0U83g4Vp, yet again, proves its relevance. Despite sell pressure from hardware suppliers cashing out, https://t.co/BS0U83g4Vp’s co-staking model catches two birds with one stone. GPU suppliers offer co-staking deals to earn the verified status, while IO holders accept these offers and share in block rewards. Win-win. So, if you’re one of those people always yapping that you’re in the trenches "for the tech,” then voila—this article by @Kristrey0x is exactly what you need to read today. Adding the link in the next tweet.
blocmatesdotcom
2 days ago
🚀COMING SOON🔥 $FUSD https://t.co/egaqT82qcZ will list @freedomdollar5 upcoming launch for #FUSD / #USDT, with the exact date and time still to be announced (TBA)🔥 About #FreedomDollar: Freedom Dollar (ticker fUSD) is an over-collateralized, algorithmic stable asset issued on the Zano privacy blockchain. Each fUSD targets one U.S. dollar of purchasing power and is backed by a public reserve of ZANO that initially exceeds the liability by roughly a factor of ten. Anyone may add to the decentralization of the network by running an open source market making node. Collateral is held in transparent on-chain addresses and is continuously staked, so its yield compounds the buffer automatically. Because Zano uses ring signatures and stealth addresses, fUSD transfers inherit native Zano level privacy while remaining censorship-resistant—there is no admin freeze key or custodial bank account. The design therefore offers a dollar-like unit for users who prefer permissionless, non-KYC rails. Full details👉 https://t.co/z1iSY8R4sy #BiconomyCom #BIT #Crypto #Blockchain #Trading #cryptomarket #bitcoin #cryptocurrency #cryptonews #cryptocurrencynews #cryptocurrencies #web3 #listing #altcoins ![https://static.sosovalue.com/sosovalue/2025/05/06/06ae4bc7-43fa-48ed-9557-aff7012b7a24.jpg](https://static.sosovalue.com/sosovalue/2025/05/06/06ae4bc7-43fa-48ed-9557-aff7012b7a24.jpg)
BiconomyCom
2 days ago
As part of our digital asset treasury, DigitalX holds approximately 63,715 Solana (SOL) tokens alongside Bitcoin, making us the only ASX-listed company with direct holdings in Solana. We actively stake our SOL to generate yield, creating an additional revenue stream while enhancing the security and efficiency of the network. In the March quarter alone, staking generated $318K in revenue, highlighting the potential of staking as a predictable, sustainable income source that complements our broader digital asset strategy.
#Layer1
$BTC
$SOL
DigitalXLtd
3 days ago
AI Can Speed Up Investigations – But Only Verified Data Can Be Trusted AI is transforming digital evidence management in law enforcement—enhancing efficiency through automation. However, without verified data, these improvements carry risks. A recent @Forbes article discusses how tools like object detection and auto-redaction are revolutionizing the field. Nonetheless, integrity remains the cornerstone. At Constellation Network, our Digital Evidence solution—developed through years of collaboration with the U.S. Department of Defense—cryptographically signs data at the source, ensuring it is tamper-proof and verifiable. Currently implemented for First responders using @TOUGHBOOK Trust begins with the data. https://t.co/Lc17mU9JCx
$DAG
Conste11ation
3 days ago
🌜📊🌛 More Revenue. Greater Efficiency. Moonwell now captures Oracle Extracted Value (OEV) on @Base, OP Mainnet, and @MoonbeamNetwork — unlocking a new source of protocol revenue while enhancing capital efficiency. https://t.co/xooOoZuh1A
#DeFi
$WELL
MoonwellDeFi
3 days ago
Tether Launches Open-Source AI Runtime to Build a Peer-to-Peer Network of Billions of AI Agents
$USDT
The Block
4 days ago
Integrating Sui Network into the open-source WORLD AI protocol in WORLD3
$SUI
$SUIA
律动
28 days ago
WORLD3 integrates Sui Network into the open-source WORLD AI protocol for artificial intelligence agents.
$SUI
$SUIA
BlockBeats
29 days ago
DeepSeek integrates the Mind Network into its open-source code repository and launches the first crypto AI security solution.
#DeFi
TechFlow
Feb 25, 2025
Ethereum's open-source communication platform Status will collaborate with Linea to launch the Layer 2 network Status Network.
#Layer2
$ETH
$FOXY
$SNT
Odaily
Aug 20, 2024
THORChain network announces open-source
#DeFi
$RUNE
$X
Odaily
Jul 1, 2024
Eigen Labs acquires Rio Network and plans to open source its code and intellectual property.
#DeFi
吴说
Jun 12, 2024
Eigen Labs acquires Rio Network and plans to open source its code and IP
#DeFi
Odaily
Jun 11, 2024
Polyhedra Network launches open-source repository for zero-knowledge proofs on X platform.
#Layer1
Odaily
Jun 9, 2024
Popsicle Network and Multiadaptive Launch First Solana VM Rollup Open Source Framework
#Layer2
$BOME
$BTC
$TNSR
BlockBeats
May 17, 2024
POLYHEDRA NETWORK opens source zero-knowledge proof system EXPANDER to support new application scenarios
#Layer1
Odaily
May 8, 2024
OMNI NETWORK Launches OCTANE Open Source EVM Framework
#Layer1
Odaily
May 7, 2024
Polyhedra Network Launches Expander, a High-Speed Open-Source ZK Proof System
#DeFi
The Block
May 2, 2024
QTUM is about to launch AI services, including a decentralized GPU network and open-source LLM model.
#DeFi
$QTUM
$AI
TechFlow
Mar 11, 2024
HEDERA Open Source POS Network Warning: No Airdrops, Reminding Users to Be Wary of Suspicious Links
#DeFi
$HBAR
TechFlow
Feb 24, 2024
PYTH NETWORK Launches STRK/USD Price Data Source
#DeFi
$STRK
$STRK
TechFlow
Feb 20, 2024
PYTH NETWORK Launches LQTY/USD Price Data Source
#DeFi
$LQTY
TechFlow
Feb 15, 2024
PYTH NETWORK Launches ONDO/USD Price Source
#DeFi
ForesightNews
Jan 29, 2024
Pyth Network launches ORDI/USD price data source.
$BTC
$PYTH
BlockBeats
Dec 11, 2023
🪂Confirmed Airdrop from Source Network🪂 — Partnered with ChainLink — Source Network Airdrop Guide
#Layer1
BeforeCrypto
Nov 27, 2023
Open Source Network Airdrop- $80 -$150
0xWeb3
Oct 8, 2023
🔐 Announcing the Sovereign AI Alliance (SAIA) 🔐 Today, @getDataHive, @NuklaiData, @cheqd_io, and @DGramNetwork unite to build the framework for open source, decentralized AI powered by user-owned data. The post-web era begins now: your intentions, your data, your AI.
getDataHive
7 hours ago
📢The Sovereign AI Alliance is formed cheqd has joined forces with @getDataHive, @NuklaiData & @DGramNetwork to build the framework for open source, decentralized AI powered by user-owned data 👇Study the Intention Network Protocol & SAIA roadmap Read: https://t.co/NaP8NlRTpF
$CHEQ
cheqd_io
8 hours ago
VERIFIABLE COMPUTE CONSORTIUM PARTNER: PHALA NETWORK We’re excited to welcome @PhalaNetwork as a partner in our verifiable compute consortium! Phala provides decentralized, privacy-preserving compute by securely running AI models inside Trusted Execution Environments (TEEs)—ensuring truly verifiable, zero-trust workloads. Their infrastructure makes transparent computing simple to deploy, build on, and verify: 💻 Phala’s GPU TEE solution provides verifiable secure inference LLM inference inside TEE ☁️ Phala Cloud is a hosting solution for TEE apps As we work towards advancing the open-source AI ecosystem, we’re excited to improve on trust within AI through partnering with Phala!
$AI
SentientAGI
9 hours ago
🚨 New Listing Alert: @akashnet_ (AKT) is now live on https://t.co/YRrvW4lldd! We're excited to welcome $AKT, the native token of Akash Network, to the https://t.co/YRrvW4lldd trading platform. Akash is a decentralized cloud computing marketplace, offering an open-source, low-cost alternative to traditional cloud providers — and now you can trade it directly on XBO. 🔹 Trading Pair: AKT/USDT 🔹 Available Now on https://t.co/YRrvW4lldd 👉Start trading today: https://t.co/RMsY1a0MJQ
#Layer1
$AKT
XboOfficial
11 hours ago
Tether donates another $100 thousand to the BTCPay Server Foundation to support the development of the open-source payment platform
#DeFi
$BTC
$USDT
PANews
12 hours ago
Reallocation isn’t a trend — it’s inevitable. 1️⃣ Open-source code means every protocol competes for users. 2️⃣ Switching costs are near zero. 3️⃣ Network effects fade fast. 4️⃣ Incentives are now programmable. With tools like Nudge, users hold the power — and the rewards
#DeFi
nudgexyz
14 hours ago
🔴 Sei Ecosystem Month: Featuring @TakaraLend - A decentralized, open-source money markets protocol built on @SeiNetwork. Bridge to Sei, stake & claim rewards: • Enjoy up to 40% APY • Rewards: $500,000 SEI • 8 May - 8 Aug, 16:00 (UTC+8) Full details: https://t.co/bUh9UW7sOK https://t.co/YNPv5yyKAF
#DeFi
$SEI
BitgetWallet
17 hours ago
Your AI Agent network’s new brain. 🚀 🔥 Meet Contextus! Built by MATRIX AI Network, it's the open-source hub that makes multi-model orchestration seamless. 🔹 One CLI to rule them all 🔹 Smart routing & context profiles 🔹 Global model registry 📃 https://t.co/LhnCIVY32F https://t.co/16dqa9K0DK
$MAN
MatrixAINetwork
1 day ago
Key Market Intelligence for May 8: How Much Did You Miss?
#Layer1
$KAITO
$OBOL
BlockBeats
1 day ago
Summary of Important Cryptocurrency and Blockchain News on May 6-7, 2025
$BNB
$BTC
$SOL
PANews
1 day ago
Key Market Intelligence for May 7: How Much Did You Miss?
$BNB
$BTC
$USDE
BlockBeats
2 days ago
HTX Ventures: The Crypto Market Enters a New Policy-Driven Cycle, with Legalization and Dollarization Becoming the Main Themes
#Macro
$BTC
$HTX
BlockBeats
2 days ago
🚀 Next level in AI Blockchain: Contextus! A revolutionary open source solution from MATRIX AI Network: Contextus is a routing and context hub that works like the brain of MCP-based models! 📖 https://t.co/6lCtSJ3IZC #Bitcoin #Altcoins #Bitcoin2025 #KuCoin https://t.co/elwjYupNLG
$MAN
MatrixAINetwork
2 days ago
Off the back of the EF’s recent announcements, Vitalik dropped a new post: “Simplifying the L1.” In it, he lays out a long-term vision to streamline $ETH's base layer — arguing that it needs to be as simple as $BTC in five years if it wants to be the world’s settlement layer. Here’s the gist of Vitalik’s plan.👇 ~~ Article by @davewardonline ~~ |— Why Simplicity Matters For @vitalikbuterin, simplicity isn’t just about cleaner code — it’s about making Ethereum stronger. The more people who can understand and, as a result, work with the protocol, the more secure, decentralized, and adaptable it becomes. He points to Bitcoin: its base layer is so minimal a high schooler (he believes) could build a client. That simplicity has helped it remain stable, widely auditable, and hard to corrupt. Ethereum, by contrast, has added complexity over time — sometimes necessary, often not. This complexity has slowed upgrades, increased risk, and made contributing harder. Simplifying now would unlock key advantages: • Easier to verify and secure: Less code means fewer places for bugs or attacks to hide. • Lower maintenance burden: Fewer legacy systems make future upgrades smoother. • Wider contributor base: Simpler design invites more developers to get involved. • Stronger neutrality: Clear, predictable rules are harder to manipulate or politicize. With the network stable and ready to mature, Vitalik sees now as the moment to clean house. |— 1. A Simpler Consensus Layer For simplifying consensus, Buterin points to the new Beam Chain proposal, which advocates replacing older, complex systems with a cleaner design: ⚙️ Simpler core with 3-slot finality: Cuts out technical systems like epochs, committee shuffling, and sync committees, making the consensus engine easier to understand, audit, and maintain. 🔗 Easier fork choice rules: Reduces the number of active validators at any time, lowering complexity when deciding which version of the chain to follow and improving safety. 🗳️ Simpler vote collection (STARK-based): Makes it easier and cheaper to gather validator votes without needing to trust specific actors or deal with repeated data. 🧹 Cleaner validator lifecycle: Makes validator onboarding, exiting, key updates, and offline recovery more straightforward, reducing edge cases and helping the network define clearer safety windows. 🤝 Simplified peer-to-peer communication: Fewer protocol parts make it easier for nodes to connect, sync, and stay in agreement. |— 2. A Simpler Execution Layer Next, Vitalik reiterates support for replacing Ethereum’s current virtual machine — the EVM — which he sees as bloated and a blocker to scalability, with the simpler, more modern RISC-V alternative. For those who missed our piece on RISC-V, this general-purpose virtual machine can be thought of like Linux for hardware: a clean, open-source blueprint already used by companies like Intel and Arm to build chips. In Ethereum, it would serve as the new smart contract engine, offering these benefits: → Simpler virtual machine spec: Far easier to understand than the EVM, reducing bugs, making upgrades easier, and being better suited for long-term maintenance. → Fewer special-case shortcuts (precompiles): Replaces most built-in functions with regular smart contract code, shrinking the base protocol and making it easier to maintain. → Already in use for ZK: Used by projects like @RiscZero and @succinctlabs since RISC-V speeds up zero-knowledge proofs. → More language flexibility: Developers could use languages like Rust or Move, not just Solidity. Vitalik sees this as a chance to build the foundation back better, potentially increasing its performance by 100x. |— 3. A Backwards-Compatible Transition What happens to all the apps and tools that still rely on the EVM? Vitalik lays out a phased transition plan that keeps everything working, without forcing the base protocol to carry legacy baggage forever. The aim: move legacy features out of the core, where they still work but don’t weigh Ethereum down. Like storing old files in the cloud, they're still there if needed, but off your desktop. This keeps the core protocol lean while preserving compatibility for everything already built. Here’s how he proposes doing it: 1. Start with RISC-V precompiles: New features would be built using RISC-V, warming the ecosystem up to the VM. 2. Support both VMs: Developers could deploy in either EVM or RISC-V, with full cross-compatibility, during the transition. 3. Swap precompiles for RISC-V code: Replaces most built-in functions with simple onchain RISC-V, cutting protocol bloat. 4. Wrap the EVM in a contract: Moves the EVM into a RISC-V smart contract, meaning older logic would still work, but wouldn’t clutter up the most sensitive parts of the protocol. This way, Ethereum can clean up its foundation without breaking what’s already built. |— 4. Shared Standards = Less Complexity Lastly, Vitalik wants to simplify Ethereum by standardizing tools across the network. Right now, different parts of the protocol often solve the same problem in slightly different ways — mostly because teams build them separately. Unifying those pieces under shared standards would cut down on complexity and make the whole stack easier to maintain. His suggestions: • One shared encoding system (SSZ): Already used in the consensus layer to track network state. Expanding it across Ethereum would simplify tooling and make apps easier to build and connect. • One shared method for splitting data (erasure code): Ethereum splits and verifies data in multiple areas: data availability sampling, P2P broadcasting, and history storage. Using the same method everywhere would cut code, improve speed, and ensure data checks out. • One shared state structure (tree format): Replacing the current complex (Merkle) data tree with a simpler, binary one would save space, speed up proofs, and help light apps work more efficiently. Overall, @ethereum's strength is its flexibility, but it's become complex. Vitalik envisions making Ethereum simpler yet powerful — leaner, clearer, and easier for building. To support crucial data and systems, Ethereum must be scalable and durable, starting with simplification. ![Image](https://static.sosovalue.com/sosovalue/2025/05/06/4f9dc95b-a8e4-4677-b91f-fb8822ed2dbb.png)
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$BTC
$ETH
BanklessHQ
2 days ago
@ionet has been on blocmates’ radar since last year. If you’ve been following our posts, you’d have likely seen us break down how this network is comfortably seated at the epicenter of the DePIN and AI revolution. From DeepSeek to BLOOM and Falcon, open-source LLMs are making life easier—but training and deploying them takes serious compute power. That’s where https://t.co/BS0U83g4Vp, yet again, proves its relevance. Despite sell pressure from hardware suppliers cashing out, https://t.co/BS0U83g4Vp’s co-staking model catches two birds with one stone. GPU suppliers offer co-staking deals to earn the verified status, while IO holders accept these offers and share in block rewards. Win-win. So, if you’re one of those people always yapping that you’re in the trenches "for the tech,” then voila—this article by @Kristrey0x is exactly what you need to read today. Adding the link in the next tweet.
blocmatesdotcom
2 days ago
🚀COMING SOON🔥 $FUSD https://t.co/egaqT82qcZ will list @freedomdollar5 upcoming launch for #FUSD / #USDT, with the exact date and time still to be announced (TBA)🔥 About #FreedomDollar: Freedom Dollar (ticker fUSD) is an over-collateralized, algorithmic stable asset issued on the Zano privacy blockchain. Each fUSD targets one U.S. dollar of purchasing power and is backed by a public reserve of ZANO that initially exceeds the liability by roughly a factor of ten. Anyone may add to the decentralization of the network by running an open source market making node. Collateral is held in transparent on-chain addresses and is continuously staked, so its yield compounds the buffer automatically. Because Zano uses ring signatures and stealth addresses, fUSD transfers inherit native Zano level privacy while remaining censorship-resistant—there is no admin freeze key or custodial bank account. The design therefore offers a dollar-like unit for users who prefer permissionless, non-KYC rails. Full details👉 https://t.co/z1iSY8R4sy #BiconomyCom #BIT #Crypto #Blockchain #Trading #cryptomarket #bitcoin #cryptocurrency #cryptonews #cryptocurrencynews #cryptocurrencies #web3 #listing #altcoins ![https://static.sosovalue.com/sosovalue/2025/05/06/06ae4bc7-43fa-48ed-9557-aff7012b7a24.jpg](https://static.sosovalue.com/sosovalue/2025/05/06/06ae4bc7-43fa-48ed-9557-aff7012b7a24.jpg)
BiconomyCom
2 days ago
As part of our digital asset treasury, DigitalX holds approximately 63,715 Solana (SOL) tokens alongside Bitcoin, making us the only ASX-listed company with direct holdings in Solana. We actively stake our SOL to generate yield, creating an additional revenue stream while enhancing the security and efficiency of the network. In the March quarter alone, staking generated $318K in revenue, highlighting the potential of staking as a predictable, sustainable income source that complements our broader digital asset strategy.
#Layer1
$BTC
$SOL
DigitalXLtd
3 days ago
AI Can Speed Up Investigations – But Only Verified Data Can Be Trusted AI is transforming digital evidence management in law enforcement—enhancing efficiency through automation. However, without verified data, these improvements carry risks. A recent @Forbes article discusses how tools like object detection and auto-redaction are revolutionizing the field. Nonetheless, integrity remains the cornerstone. At Constellation Network, our Digital Evidence solution—developed through years of collaboration with the U.S. Department of Defense—cryptographically signs data at the source, ensuring it is tamper-proof and verifiable. Currently implemented for First responders using @TOUGHBOOK Trust begins with the data. https://t.co/Lc17mU9JCx
$DAG
Conste11ation
3 days ago
🌜📊🌛 More Revenue. Greater Efficiency. Moonwell now captures Oracle Extracted Value (OEV) on @Base, OP Mainnet, and @MoonbeamNetwork — unlocking a new source of protocol revenue while enhancing capital efficiency. https://t.co/xooOoZuh1A
#DeFi
$WELL
MoonwellDeFi
3 days ago
BTC:$102,694.4+4.83%ETH:$2,194.48+20.02%ssiMAG7:$20.23+8.72%ssiMeme:$18.24+13.67%
BTC:$102,694.4+4.83%ETH:$2,194.48+20.02%XRP:$2.3032+7.50%BNB:$626.99+4.15%
SOL:$162.5+9.29%DOGE:$0.19475+11.08%ADA:$0.7641+11.96%TRX:$0.2572+3.21%
01:33Hut 8 Mining Company Q1 2025 Financial Report: Net Loss of 134.30 million USD
01:28Two major whales suffered a total loss of approximately 698.70 thousand USD due to FOMO buying DIDDY.
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