Disclaimer: This article is intended to convey more market information and does not constitute any investment advice. The article only represents the author's views and does not represent the official position of MarsBit.
Editor: Remember to follow
Source: MarsBit 3
MarsBit Crypto Daily September 19, 2022
1. Today's News
Arbitrum released Nitro node version v2.0.5. Users need to update
Arbitrum before the chain consensus upgrade. The development team announced that Nitro node version v2.0.5 has been released. This release makes a lot of improvements to the sorter and validator system and supports Consensus v7. This release is required for support chain consensus upgrades, which will be launched on the Arbitrum Goerli and Rinkeby test network on September 21 and will be launched on the Arbitrum One and Arbitrum Nova on September 22. Please upgrade the nodes on their respective chains before these dates.
Flashbots builds more than 82% of relay blocks, adding Ethereum’s centralized
After completing the Merge upgrade, Ethereum (ETH) has been transformed into a Proof of Stake (PoS) consensus mechanism, helping blockchain become energy-saving and secure. However, mining data shows that Ethereum relies heavily on Flashbots (single server) to build blocks, raising concerns about the ecosystem single point failure . Of all relay blocks, 82.77% were found to be built separately by Flashbot—a significant contribution to Ethereum centralization.
security agency: Hackers make profits from EthereumPow chain ETHW
security agency BlockSec said that it was detected that the attacker was replaying the PoS chain message in EthereumPow. The root cause of the vulnerability is that the bridge did not correctly verify the actual chainid of the cross-chain message. The attacker first transferred 200 WETH through the omni bridge of the Gnosis chain, and then replayed the same message on the PoW chain, obtaining an additional 200 ETHW. As a result, the balance of the chain contract deployed on the PoW chain will be exhausted.
South Korean prosecutor: Do Kwon has always had "indirect evidence of escape", so the arrest warrant was first issued
South Korean prosecutor said that since Do Kwon went to Singapore , there has been "indirect evidence of escape", which is why the arrest warrant was first issued. In addition, it declined to comment on whether he knew Do Kwon's whereabouts or plans to contact Interpol .
2. Featured articles
PFP Next evolution: Integrate into the mainstream, continue to earn and value feedback
PFP is very bad now. Once a darling in the NFT field, they have taken a huge hit in recent months. Boring Ape used to be worth $400,000 at its peak; today, it fell to $100,000. This is very reasonable. The speculative enthusiasm that triggered dopamine has faded, so the PFP has been struggling to find the right place in the world. What's next for PFP? How do we deal with these ugly monkey photos?
ETH merges at present, review and outlook for Layer2
Although Layer2 has many early technical routes, Rollups has already dominated the market at present. What is the reason? What is the competitive landscape of Layer2 in September 2022? The merger of Ethereum on September 15 attracted much attention. However, the merger itself is just the beginning of the Ethereum-related ecological evolution path. What impact will the Ethereum merger have on the Layer2 ecosystem? What new entrepreneurial and investment opportunities are there? If you are interested in the above questions, I believe that this article of Layer2's 10,000-word long article can answer your questions.
Four challenges and solutions to the encryption world
The main challenges of using blockchain are scalability, accessibility (cost), user experience and security. Some of them are not exclusive . That is, user experience, security and accessibility often overlap.
Explore alpha 11 data analysis tools
search for the next 100 times. Research tools are crucial to finding alpha data. All the best tools you've never heard of.
distributed capital: After the merger of Ethereum, Rollup+ sharding is the key to expanding
Ethereum finally completed the consensus iteration of POW to POS.Merger is just one link in the Ethereum roadmap. So, what is the Ethereum roadmap afterwards? First, the Ethereum roadmap is divided into three stages: beacon chain, merger and sharding.
Li Jin: A new script for creators, launching the community through tokens
Web3 subverts the traditional online content creation model. This is a paradigm shift that brings new thinking: how creators’ work is done, how fans are associated with creators’ work, and how the broader creator ecosystem works as a whole has a significant impact.
3. Project Interpretation
Cosmos 2.0 Preview: What changes will happen to ATOM value capture?
From September 26 to September 28, 2022, the legendary Cosmos Conference will kick off in the Colombian city of Medellin, aiming to make South American crypto communities more aware of the Cosmos ecosystem and discuss the latest developments in security and IBC. The concepts such as Cosmos 2.0 and ATOM 2.0 that will be discussed in the meeting have triggered a lot of discussion.
article Learn about the challenger of the Ethereum staking track Swell Network
The current set of unmanaged liquid staking protocols is successful, accumulating more than 34% of staking ETH, but they leave many untested gaps in design and implementation. In a highly competitive and network-driven field, latecomers can gain greater advantages. Swell Network has learned experience from non-custodial liquid staking pioneers and provides a novel way to stake and earn Ethereum profits.
digs deep into the new public chain Shardeum with a valuation of US$200 million: WazirX co-founder "old wine in new bottles"
When everyone thought the competition pattern of public chains was initially decided, the successive launch of new public chains in MOVE has rekindled the market's longing for new public chains. The first round of financing negotiations for the new public chain Shardeum, which originated in India, has entered a later stage, and Shardeum hopes to raise $20 million to $30 million at a valuation of $200 million. Although Shardeum's valuation of only US$200 million is very "favorable" compared to Aptos and Sui's expensive valuation of US$2 billion, after a deeper understanding, it seems that it also faces a lot of "troubles".
Solana Summer Camp Programming Marathon Winning Events At a List of the Winning
Solana Summer Camp is the sixth Solana Programming Marathon, which has hosted thousands of participants. The programming marathon brings together cryptocurrency pioneers and developers from around the world to launch projects on the Solana blockchain, covering payments, DeFi, mobile, gaming, DAO and everything in between. The Solana summer camp is open to teams around the world, with nearly 18,000 entrants submitting 750 projects to the judges.
IV. Investment and financing
African cryptocurrency trading platform Yellow Card completed a US$40 million Series B financing. Polychain Capital led the investment
African cryptocurrency trading platform Yellow Card Financial announced the completion of a US$40 million Series B financing. Polychain Capital led the investment, Valar Ventures, Third Prime Ventures, Sozo Ventures, CastleIsland Ventures, Fabric Ventures, DG Daiwa Ventures, The Raba Partnership, Jon Weiner, Alex Wilson, Pat Duffy and others participated in the investment. Yellow Card will use financing funds to drive exponential growth in its business, continue to successfully expand across the continent, develop new product innovations, and advance strategic partnerships in Africa.
Lingjing Digital Technology has completed a round A financing of tens of millions of yuan, and Guangyun Fund exclusively invested by
Lingjing Digital (Beijing) Technology Co., Ltd. has officially completed a round A financing of tens of millions of yuan. This round of financing is exclusively invested by Guangyun Fund. The funds will be mainly used to strengthen market expansion and business operations, increase product design and R&D investment, and deepen the layout of core business such as the real economy and the metaverse. The Lingjing Collection Platform covers digital collections in multiple fields such as national style art, heavy weapons of great power, digital trendy toys, and social responsibility. Up to now, Lingjing Collection has jointly issued more than 100 digital collections in conjunction with many partners such as China Academy of Information and Communications Technology, China Long March Rocket, Yachang Art Network, , Guowenju, Xi'an Museum, iQiyi and other partners.
yuan cosmic music platform RELICS completed a US$1.1 million financing, Coop Records and PTC Crypto jointly led the
yuan cosmic music platform RELICS completed a US$1.1 million financing, Coop Records and PTC Crypto jointly led the investment, and LongHash Ventures, NOISE, DegenDaVinci, DAO Jones, 2PunksCapital, MarkyMetaverse and others participated in the investment. The funds raised will be used to expand the team to 7 full-time employees, expand the core development team, and at the same time redevelop the brand, further develop dynamic rare systems, and establish a more in-depth and complete licensed music and art catalog. MarsBit Note, RELICS is launched by Canadian independent electronic music record company Monstercat, aims to educate and guide traditional music lovers into the metaverse.
Editor in charge: Felix
