Zug, Switzerland, October 17th, 2024, Chainwire
Most zero-knowledge proofs are generated server-side for scaling, but Aleph Zero’s zkOS does that directly on users’ devices, offering privacy in a fraction of second
Aleph Zero, the leading blockchain platform recognized for its focus on privacy and scalability, announces the launch of the first feature of zkOS (zero-knowledge operating system)—Shielding, on its EVM Testnet. This release marks the first opportunity for users to experience the shielding feature of zkOS in action, demonstrating the speed and privacy capabilities of Aleph Zero’s zero-knowledge proof (ZK) technology optimizations.
Privacy at Lightning Speed
The Shielding Demo release is a significant milestone for Aleph Zero, representing its commitment to developing practical privacy solutions for the blockchain industry. Aleph Zero’s zkOS enables zero-knowledge proofs to be generated client-side—meaning data is encrypted locally on the user’s device and never leaves unencrypted—providing high levels of privacy without compromising transaction speed. The Shielding Demo serves as the first practical interface for users to experience this privacy functionality, with zero-knowledge proofs generated within 0.5-3 seconds, ensuring that privacy has minimal impact on transaction performance.
“Privacy has long been a challenge in blockchain, often due to poor user experience,” said Adam Gagol, Co-Founder & CTO of Aleph Zero. “With today’s release, we’re delivering one of the fastest client-side ZK directly to users, combining privacy and performance. The release of the Shielding Demo offers a glimpse into how zkOS can bring privacy to DeFi without sacrificing speed or usability.”
How the Shielding Demo Works
The Shielding Demo provides an intuitive interface for users to test Aleph Zero’s zkOS privacy layer. Here’s how it works:
- Data Privacy: zkOS generates zero-knowledge proofs locally on the user’s device, ensuring that data remains private and secure.
- Transaction Flow: Users generate ZK proofs, send transactions to a relayer, and then they are executed on-chain—all while maintaining privacy.
- Fast Proving Times: The system delivers ZK proofs in 0.5-3 seconds on most devices, demonstrating zkOS’s speed and its minimal impact on transaction times.
The Testnet version of zkOS allows users to interact with the system and witness its capabilities, though Aleph Zero notes that the privacy features will be built directly into the upcoming Common app.
Why zkOS Matters: A Glimpse Into the Future
The launch of the Shielding Demo on Testnet is only the beginning. Aleph Zero’s roadmap for zkOS extends far beyond this initial release, with ongoing work on simplifying the user experience and the introduction of additional privacy features, such as ZK-ID and anonymity revokers, to ensure both privacy and protection against fraudulent use of the platform.
The system is designed to be easily integrated by developers, providing a privacy framework that requires minimal cryptographic knowledge. This simplicity, combined with Aleph Zero’s rapid client-side ZK proof generation, makes zkOS a critical tool for developers building privacy-centric applications across DeFi and other web3 sectors.
Unlocking Privacy for New Use Case
The privacy space in blockchain has been facing increased challenges, such as regulatory scrutiny and delistings, often due to concerns over non-compliance. Aleph Zero’s zkOS offers a fresh approach by delivering privacy solutions that balance user confidentiality with regulatory requirements. Instead of focusing solely on anonymity, zkOS is designed to meet both the needs of users and the evolving demands of compliance.
zkOS enables users to manage their assets securely across multiple blockchains, ensuring their transactions remain private. Unlike traditional privacy methods that rely on centralized or hardware-based systems, zkOS operates directly on the client-side, safeguarding privacy without external dependencies.
Next Steps for Aleph Zero
As the Testnet release progresses, Aleph Zero is focusing on refining Shielding and zkOS for its Mainnet deployment. Users who engage with the Shielding Demo will have the opportunity to be whitelisted for upcoming zkOS Beta testing on Aleph Zero’s EVM Mainnet.
About Aleph Zero
Aleph Zero is an ecosystem of blockchain solutions that are engineered for speed, data confidentiality, and ease of development. It achieves efficiencies akin to conventional web2 systems, upholds rigorous standards for data protection via zero-knowledge proofs (ZKP), and offers a comprehensive toolset for development across web3, ranging from WASM-based Rust to EVM-based Solidity environments. Aleph Zero’s versatility is highlighted by over 40 use cases being actively developed, showcasing its adaptability across various sectors and applications. These use cases are part of an engaged community and growing ecosystem of web3 applications supported by Aleph Zero programs.
For more information, visit https://alephzero.org/.
For any inquiries about this release, please contact josh@serotonin.co or ana@serotonin.co.
Contact
PR Manager
Josh Adams
Aleph Zero
josh@serotonin.co
Miami, Florida, October 17th, 2024, Chainwire
Valhalla, Floki’s revolutionary blockchain-based Massively Multiplayer Online Role-Playing Game (MMORPG), has proudly announced a new partnership with Hafthor Júlíus Björnsson, the world-renowned strongman and actor famous for his role as “The Mountain” in Game of Thrones.
Hafthor is joining Valhalla as its official ambassador, marking the beginning of an exciting collaboration.
This long-term partnership will bring Hafthor, the world’s strongest man and a multiple-time winner of prestigious titles such as the World’s Strongest Man and Arnold Strongman Classic, into the heart of the Valhalla universe. His unmatched strength and strategic prowess will enhance the Valhalla game experience for players worldwide.
Hafthor will play a vital role in Valhalla, guiding players as they strengthen their bonds with their Veras, develop new combat strategies, and engage in dynamic in-game activities. His influence will be woven into The Tempest Forge, a monumental feature constructed during the Unleash the Thunder community event.
Future developments will include a brand-new game mode where Hafthor and The Tempest Forge challenge players to face waves of Veras, helping them refine their battle skills and tactics to push their limits.
In addition to his in-game presence, Hafthor will remain actively engaged with the Valhalla community, creating content and sharing exclusive updates. He will feature regularly on social media platforms and host monthly Twitch streams, where players can join him as he plays his own in-game character.
This partnership will bring a new level of excitement to the Valhalla community, as players prepare to explore the game under the guidance of one of the strongest men in history.
About Floki
Floki is the people’s cryptocurrency and utility token of the Floki Ecosystem. Focused on utility, community, philanthropy, and strategic marketing, Floki is working toward becoming the world’s most recognized and used cryptocurrency. With over 490,000 holders globally, Floki has already established a strong brand presence.
Learn more at floki.com.
About Valhalla
Valhalla is a blockchain-based MMORPG inspired by Norse mythology, offering players the chance to discover, tame, and battle with creatures called Veras. The game features a player-driven economy and a hexagonal battlefield designed for dynamic combat.
Learn more at Valhalla.game.
About Hafthor Björnsson
Hafthor Júlíus Björnsson is an Icelandic strongman, actor, and world record holder, most famously known for his role as “The Mountain” in Game of Thrones. Hafthor has won multiple strongman competitions, including the World’s Strongest Man and Europe’s Strongest Man. His legacy as one of the strongest men in history continues to inspire audiences worldwide.
Learn more about Hafthor at thorsapparel.com.
Contact
Community Relations Officer
Pedro Vidal
Floki
Marketing@floki.com
Palo Alto, United States, October 17th, 2024, Chainwire
Akord, a web3 platform for securing and managing data, also begins its migration to Walrus Protocol
Mysten Labs, the web3 infrastructure company, today announced that following a successful Devnet, Walrus Protocol, a decentralized storage network, has launched its public Testnet.
Walrus Protocol stores and delivers large data files, including rich media content, audio files, video, images, PDFs and more, from any web2 or web3-based source. These large files, known as blobs, are stored quickly and efficiently by Walrus, whose storage is resilient, scalable, programmable, and secure. Walrus’s public Testnet, and its Testnet token, WAL, are served by Sui as the coordination layer. Sui provides a dedicated management architecture for Walrus to store its global state and metadata offering speedy consensus, composability, and the opportunity to integrate storage into smart contracts on Sui. Walrus’s Testnet launch will include:
- API endpoints that support deletable blobs, meaning data can be deleted.
- Dedicated Walrus explorer, allowing users to search data quickly and comprehensively, built by Stakestab Inc, maker of Suiscan & Blockberry API Platform.
- Full tokenomics ecosystem for the Walrus token, WAL, including epoch management, staking and unstaking, and rewards, as well as the WAL token faucet for developers.
- WAL staking app, developed by Mysten Labs.
“As blockchain projects aim to become more decentralized, it has been apparent for quite some time that a decentralized storage network was needed for networks of all kinds, L1s and L2s, to support end-user applications with rich media and larger storage needs,” said George Danezis, Chief Scientist and Co-Founder at Mysten Labs. “Walrus Testnet going live is a pivotal moment in that journey. With Akord and Decrypt beginning the migration over to Walrus, we’ll begin to see that a decentralized storage network can be used to bring various applications to a mass audience.”
Coinciding with the launch of Walrus’s public Testnet, Akord, a secure storage and collaboration platform, providing user-friendly, cost-effective, and decentralized storage solutions for any digital asset, announces its migration from Arweave to Walrus. Akord is set to migrate to Walrus within the next week. The move comes on the heels of Decrypt Media’s recent announcement of its plans to integrate with Walrus, making the publication the first media outlet to commit to storing media articles and video content on Walrus.
“At Akord, our mission is to create a platform that empowers individuals and businesses with meaningful data ownership – the ability to secure data publicly and tokenize it, or store it privately with end-to-end encryption, controlling the keys and access,” said Pascal Barry, CEO of Akord. “Migrating to Walrus allows us to offer our existing customers a more cost-effective, versatile and performant solution, as well as giving us the opportunity to realize our mission at a much larger scale.”
Powered by a system that divides large data files into smaller fragments, referred to as ‘Red Stuff,’ Walrus distributes slivers of data files across various storage nodes. This process ensures that even if some pieces go missing, the whole of the data can still be reconstructed. This approach reduces the need for data redundancy, allowing the network to grow seamlessly while ensuring fast and reliable access to data. Walrus introduces advanced storage verification through proofs and attestations, incentivizing nodes to store slivers of each file. Instead of verifying individual files, Walrus assesses the entire storage node, significantly lowering the cost of proving data storage.
Walrus, whose original contributor is Mysten Labs, launched on Devnet in June 2024. Its whitepaper was available as of September 2024, presented by Janet Wu, Head of Product, Platform, at Mysten Labs, at Sui’s Singapore Builder House Event. Walrus Mainnet is slated to launch in 2025.
About Mysten Labs
Mysten Labs is a team of leading distributed systems, programming languages, and cryptography experts whose founders were senior executives of Meta’s Novi Research and lead architects of the Diem blockchain and Move programming language. The mission of Mysten Labs is to create foundational infrastructure for web3. Learn more: https://mystenlabs.com.
About Walrus
Walrus is a next-generation decentralized storage network for data and rich media content such as large text files, videos, images, and audio. Leveraging innovations in erasure coding, Walrus offers exceptional data availability and robustness with minimal replication overhead for cost efficiency. Powered by Sui as the coordination layer, Walrus scales to hundreds or thousands of networked decentralized storage nodes without compromising performance. Learn more: https://www.walrus.xyz/.
About Akord
The Akord platform is built on a digital vault protocol that offers file management, end-to-end encryption, file sharing, access control, minting and token gated access. The platform consists of an app, API, SDK and CLI with a strong focus on user and developer experience. Learn more: https://akord.com/
Contact
Lexi Wangler
Mysten Labs
lexi.wangler@mystenlabs.com
Zurich, Switzerland, October 17th, 2024, Chainwire
SCRYPT, a Swiss-licensed leader in institutional-grade crypto asset services, today announced the successful implementation of a seminal deal with ORSEN, a global sports and entertainment partnerships enabler, that managed the agreement between Polkadot and prominent Major League Soccer club Inter Miami CF.
To facilitate the partnership, ORSEN utilized SCRYPT’s market leading over-the-counter desk to convert Polkadot’s native cryptocurrency, DOT, into USD. The partnership between Polkadot and Inter Miami CF places Polkadot as the club’s Global Training Partner, this will include visible presence throughout Chase Stadium with major signage and key visuals on LEDs and other stadium signage.
Sean O’Reilly, CEO of ORSEN, said: “We are thrilled to have partnered with SCRYPT to make this deal possible. Their expertise in handling large crypto transactions grants us the necessary infrastructure to bring Polkadot and Inter Miami together in a seamless partnership.”
Norman Wooding, Founder & CEO of SCRYPT, commented: “We are proud to have provided a financial solution to support the facilitation of this major deal between Polkadot and Inter Miami. SCRYPT’s mission is to provide institutions with trusted access to the crypto economy, and this deal exemplifies our capability to execute complex transactions at scale. This partnership exemplifies SCRYPT’s capacity to manage substantial crypto-to-fiat trades with precision and reliability.”
Gabriel Titopoulos, Head of OTC at SCRYPT, added: “This partnership showcases our team’s ability to manage substantial crypto-to-fiat conversions. Ensuring seamless execution for large-scale trades like this is our core strength and we’re excited to be a part of this groundbreaking collaboration between Polkadot and Inter Miami.”
About SCRYPT
SCRYPT is the leading Swiss-licensed partner for institutional crypto solutions, providing seamless access to the crypto economy through trusted infrastructure and expertise. We enable institutions to confidently manage, trade, and store digital assets.
Users can discover more: SCRYPT | info@scrypt.swiss
About ORSEN
ORSEN is THE sports and entertainment partnerships ENABLER. We are a Connector, Facilitator and Trusted Advisor. We work alongside our brand partners and rights holders to identify, create and optimize future-proofed partnerships.
Contact
Junior Consultant
Jacob McGoldrick
CW8 Communications
scrypt@cw8-communications.com
Ljubljana, Slovenia, October 17th, 2024, Chainwire
OriginTrail, the ecosystem striving for a safe internet in the age of AI with its decentralized knowledge graph, was named the best project at the prestigious MIT Decentralized AI Summit. Held at the MIT Media Lab, the summit brought together top innovators, researchers, and industry leaders to explore the future of decentralized AI technologies.
The packed schedule saw contributions of representatives from Dell, Intell, NVIDIA and other notable AI companies. In his talk, the founder of OriginTrail Branimir Rakic explained how OriginTrail’s decentralized knowledge graph powered by Polkadot acts as a critical infrastructure in addressing some of the internet’s most important challenges in the age of AI such as misinformation, deep fakes, fake news or unreliable AI in a broader sense. The pioneering approach to powering trust in AI stood out amongst the numerous showcases at the event and led to being voted as the best project by the participants of the Decentralized AI Summit. This recognition highlights OriginTrail’s expected impact on driving mainstream adoption for both AI and Web3 technologies across diverse set of industries, from Real World Assets (RWA) in global supply chains, Decentralized Physical Infrastructure (DePIN) connecting knowledge of organizations and individuals, to advancements in improving AI models through federated access to training data.
“We are thrilled to see that OriginTrail is evolving in the direction many other industry giants are identifying as the cutting edge. I was particularly excited to hear many speakers highlight the importance of deploying the AI solutions at the edge of the network, where AI solutions with more sustainable resource use and privacy preserving data management can be implemented. It’s something that OriginTrail has been working on to enable for the last year and we’re excited to unveil it next week (Oct 24th) at the DKGcon in Amsterdam with the release of the DKG Edge node. And, of course, I wish to thank the participants of the event that selected OriginTrail as the best project of the DecAI Summit, it’s a great vote of confidence for our future work.” – Branimir Rakic, Founder at OriginTrail.
As the pathologies of the state-of-the-art AI solutions become more evident, the demand for trustworthy AI solutions being developed at the intersection of Web3 and AI grows. OriginTrail is determined to continue to lead that charge by driving mainstream adoption of this critical infrastructure to enable a safe internet in the age of AI.
About OriginTrail
OriginTrail is an ecosystem dedicated to making the global economy work sustainably by enabling a universe of AI-ready Knowledge Assets, allowing anyone to take part in trusted knowledge sharing. It leverages the open-source Decentralized Knowledge Graph that connects physical and digital worlds in a single connected reality driving transparency and trust.
Advanced knowledge graph technology currently powers trillion-dollar companies like Google and Facebook. By reshaping it for Web3, the OriginTrail Decentralized Knowledge Graph provides a crucial fabric to link, verify, and value data on both physical and digital assets.
For more information, users can visit origintrail.io.
MIT DecAI summit event | LI OriginTrail announcement | X OriginTrail announcement
Contact
Communications department
Lucija Naranda
OriginTrail
lucija.naranda@origin-trail.com
HO CHI MINH, Vietnam, October 15th, 2024, Chainwire
U2U Network, a Layer-1 blockchain pioneer in decentralized infrastructure backed by top investors like KuCoin Ventures, Chain Capital, and IDG Blockchain, is excited to announce the launch of its first-ever DePIN Node Sale. This sale provides an opportunity for participants to acquire decentralized nodes and contribute to U2U’s growing DePIN infrastructure. With this sale, U2U aims to provide a new way for users to join the decentralized network and unlock significant earning potential through its Node Sale model
Why Nodes Matter in Blockchain Networks
Nodes play a fundamental role in decentralized networks by enabling communication, transaction validation, and enhancing security. Within these systems, nodes distribute computational power across the network, reducing the likelihood of centralized control. This decentralization improves network security, scalability, and resilience.
The U2U Subnet allows node operators to contribute computing resources, from mobile devices to high-performance computers, to build a decentralized infrastructure network. These nodes supply essential resources such as CPU, RAM, GPU, storage, and internet bandwidth, ensuring that applications can operate without interruption. The U2U DePIN framework includes two types of nodes: Master Nodes and Edge Nodes.
- Master Nodes: These nodes are responsible for critical tasks such as transaction storage, data validation, and proof submission between the Subnet and Mainnet.
- Edge Nodes: These nodes contribute additional computational power for specific protocols, optimizing scalability and performance.
Both node types provide incentives based on their contributions, forming a core component of U2U Network’s DEPIN infrastructure.
Details of the Node Sale
The Public Node Sale begins October 22, with 40,000 nodes available across six tiers. The initial price for a checker node is $200, with prices increasing at each tier. Early adopters benefit from high ROI and faster returns – participants can expect to recover their investment in just 58 days. The affordable entry point makes it easy for anyone to participate in the Node Sale, with no programming skills required.
No programming skills are required to operate a node, and node operators can receive token rewards from a dedicated pool of 1 billion $U2U tokens (10% of the total supply). With more than 40 DePIN projects in the U2U DePIN Ecosystem, node operators can support the growth of various projects across sectors like computing, cybersecurity, telecommunications, and artificial intelligence.Through this participation, operators may earn rewards based on their node’s contributions to the network- the more DApps involved, the greater the earning potential. Additionally, node operators can expect to recover their initial investment in just 58 days, making this Node Sale a highly beneficial opportunity. The broad scope of projects engaging with the U2U Network drives demand for node resources, potentially increasing the earning opportunities for participants.
Team
The U2U team includes over 120 professionals from leading tech companies like Google, Kardiachain, and Y Combinator backed startup, along with advisors from Stanford, RMIT University, and Animoca. This makes their pool of expertise incredibly diverse and rich, positioning them strongly for leadership in the industry.
Network Growth and Community Engagement
U2U Network reports that it has raised funds from several investors, including Kucoin Ventures, Chain Capital, JDI Ventures, IDG Blockchain, etc. Chain Capital, one of Asia’s leading crypto funds, is renowned for its focus on Web3 infrastructure, AI, and DePIN, with 300+ successful investments, including billion-dollar Layer-1 ecosystems like Solana and Polkadot, and DePIN giants like Filecoin and Theta Network. Joining Chain Capital is JDI Ventures, a powerhouse DePIN fund led by JDI Global, which boasts a $200M portfolio and a track record of driving DePIN projects to success. The VC list also includes IDG Blockchain, a global leader in early-stage blockchain and AI investments, which has backed innovative names like dappOS, Pontem, . These top VCs with other esteemed VC names have proudly joined forces with U2U Network to revolutionize DePIN and drive mass adoption. The network’s community has grown to over 1 million members.
With a low entry cost, high ROI, and no coding knowledge required, this DePIN Subnet Node campaign is designed to attract a broad range of participants. Don’t miss the chance to join the U2U Network Node Sale and help power the next internet generation.
For further details on the U2U Network’s node sale, visit the official blog on the U2U Network website.
About U2U Network:
U2U Network is a modular L1 with subnet technology that perfect fit for DePIN. Their backers include Chain Capital, IDG Capital, Cointelegraph, JDI Ventures, Kucoin Venture, V3V Fund, Web3Port, and others. The project has also entered into partnerships with AWS, Klaytn Foundation, IoTex, Waterdrip Capital, Chain Catcher, etc. KOLs that have invested in U2U Network are KongBTC, Romano, ImNotTheWolf, Crypto Buzz, Antony, etc.
Mainnet is ready with more than 180K wallet addresses. DePIN Subnet launched with U2DPN product with more than 155K downloads, 59K contributer nodes, and 9K DAU in 3 months of launching. 80 dApps committed to building on chain (EVM-compatible) range from crypto applications (Defi, Gamefi, SocialFi, etc) to real-world scenarios (Storage, data mining, etc), and over 40 DePIN project signed MOU and under integration, 25 other projects in the pipeline.
Website: https://u2u.xyz/team
Contact
CBO
ASTRID DANG
U2U NETWORK
alice@uniultra.xyz
London, United Kingdom, October 16th, 2024, Chainwire
Neon EVM Pioneers the Network Extension Category on Solana, Ushering in a New Era of Unified Growth.
Neon EVM, a leading Ethereum Virtual Machine (EVM) on Solana, formally adopts Solana Network Extension as a product category, perfectly capturing the essence of this new category. Network Extensions fill a critical gap in the Solana ecosystem. By offering a formal category for projects that natively extend Solana’s functionalities, Neon EVM provides clarity to developers, investors, and users alike.
Traditionally, the positioning resulted from the inherent nature of Neon EVM and various other projects (MagicBlock, MetaPlex, etc.) since these are not typical Layer 1 or Layer 2 blockchains.
Unlike traditional rollups, L2s, or sidechains, Neon EVM is a program deployed directly on Solana’s blockchain and relies upon its settlement, consensus, and data availability. Today, this makes Neon EVM part of an emerging product category known as Network Extensions—a native, composable expansion of Solana’s core capabilities, stirring up debate.
The controversy sparking the Network Extensions category
Solana’s Network Extensions sparked controversy in September 2024, with co-founder Anatoly Yakovenko calling Ethereum’s L2 solutions “parasitic.” Yakovenko argued that L2s drain liquidity and fragment the ecosystem, a view echoed by Solana advocates who said L2s create a disjointed user experience. In contrast, Yakovenko claimed Solana’s Network Extensions are “natively composable” and enhance the core chain without pulling liquidity. Supporters emphasized that they are not disguised L2s but maintain a direct connection to Solana’s base layer, enabling seamless composability without Ethereum’s issues.
Network Extensions differ fundamentally from L2s.
Unlocking Seamless Ethereum Compatibility on Solana: Neon EVM as a Native Network Extension
Solana sees its Network Extensions as specialised modules that broaden the L1 blockchain’s core functionalities. These extensions natively integrate with the Solana base layer, allowing new capabilities to be added while preserving the core performance and composability of the underlying L1 chain.
Neon EVM epitomises this concept by enabling Ethereum compatibility for dApps while maintaining an execution environment with Solana. Neon isn’t a typical L2—it runs as an EVM (Ethereum Virtual Machine) on Solana’s blockchain, providing compatibility with Ethereum-based applications while remaining fully integrated with Solana’s L1. Unlike Optimistic or ZK Rollups, Neon doesn’t process transactions off-chain, but via Neon Proxy. Instead, it allows developers to deploy Ethereum dApps on Solana, leveraging Solana’s core capabilities— and no Rust coding is needed. Neon EVM seamlessly integrates with Solana at the protocol level and maps Ethereum transactions directly into Solana instructions, leveraging Solana’s advanced Sealevel transactional infrastructure. As a result, dApps running on Neon EVM benefit from Solana’s high-throughput environment and unparalleled scalability, enabling parallel processing and efficient execution.
This technology positions Neon EVM as a key player in enhancing the accessibility and composability of blockchain applications to the Solana ecosystem.
The Solana Foundation team has reiterated Neon EVM’s role as a Network Extension on social media platform X, as seen in the post below, while Anatoly Yakovenko, co-founder of Solana, has clearly stated that Neon EVM is definitely not an L2.
Davide Menegaldo, CCO of Neon EVM and highlights the importance of network extensions, stating, “Network Extensions offer a powerful way to enhance and augment the capabilities of blockchain networks like Solana without the downsides typically associated with traditional scalability solutions.” Menegaldo further takes a deep dive and explains the key to determining Network Extensions:
– Unified Liquidity: By operating within the same liquidity pool, Network Extensions prevent the liquidity fragmentation that often occurs with Layer 2s or sidechains, ensuring a more unified and efficient ecosystem.
-Enhanced User Experience: The user gets to use native wallets and tools with ease, abstracting away all complexities associated with multi-chain and fragmented environments.
– Remains native to the host chain, extending core functionality: Network Extensions are deeply integrated into the base layer and do not compete with or directly overlap it. They expand Solana’s capabilities by adding new features, new execution environments, storage or consensus capabilities, NFT functionalities without replacing the core functionalities of the underlying Solana environment.
Projects like MagicBlock with Ephemeral rollups, and MarginFi, are creating tools, services, and infrastructure that don’t always fit into well-defined single categories of L1 and L2 terminologies.
To fully comply with the definition of Network Extensions, Neon EVM will abstract away the complexities of the EVM layer, ensuring a seamless experience for users. EVM developers can fast-track their deployment on Solana without needing to chart the complexities of Rust. Solana users can interact with these dApps through their preferred wallets, such as Phantom, Backpack, or Solflare, paying gas fees in Solana-native currency.
This composable and intuitive user experience ensures that while the technology behind these applications is Ethereum-compatible, the end-user will benefit from a unified user experience – without even noticing the underlying Ethereum-like codebase powering the dApps.
Neon EVM drives innovation in Solana, expanding beyond traditional blockchain models
Network Extensions in the Solana ecosystem are setting a new precedent for how blockchain infrastructure can evolve beyond the traditional L1 and L2 models. As Solana continues its growth trajectory with Firedancer and many upcoming updates, Neon EVM is poised to play a pivotal role in accelerating innovation, bringing unparalleled growth opportunities to developers and users alike. The future of blockchain is extensible, and Neon EVM is poised to lead the charge beyond the standard pathways.
About Neon EVM
Neon EVM is the first of its kind—a Network Extension on Solana—designed to seamlessly integrate Ethereum Virtual Machine (EVM) compatibility into Solana’s high-performance ecosystem. By operating natively within Solana’s base layer, Neon EVM provides Ethereum developers with a fast, high-throughput pathway to deploy their EVM dApps on Solana, without the need Rust coding, separate blockchain layers, or fragmented liquidity. It enhances the composability of dApps while preserving Solana’s core advantages. Neon EVM expands Solana’s capabilities, offering a unified experience where Ethereum-based projects can thrive with the speed and scalability Solana is known for.
For more information about Neon EVM, users can visit neonevm.org and connect with the community on Twitter or Discord.
Contact
Marketing Manager
Shailey Singh
Neon EVM
shailey@neonfoundation.io
Dubai, UAE, October 16th, 2024, Chainwire
InceptionLRT is pleased to announce the integration of four new tokens: EIGEN, tBTC, sFRAX, and slisBNB. With these additions, users gain access to a wider variety of restakable assets, each providing the flexibility to maintain liquidity while optimizing their DeFi strategies.
All these tokens are restakable through EigenLayer, benefit from Isolated Liquid Restaking (iLRTs), and offer the ability to Flash Unstake, allowing immediate withdrawals without the standard EigenLayer unbonding period.
EIGEN Token Restaking Options for Enhanced Rewards
Following the recent EigenLayer airdrop, EIGEN token holders can now enhance their rewards through Liquid Restaking. InceptionLRT is one of the few protocols to offer this service, enabling users to restake their EIGEN tokens while contributing to the security of decentralized services like oracles and governance.
Through InceptionLRT’s liquid restaking token (LRT), inEIGEN, users are able to contribute to decentralized services- such as oracles and governance mechanisms- while accessing additional rewards from restaking activities.
slisBNB – Expanding BNB’s Utility
slisBNB, ListaDAOs liquid staking token for Binance’s BNB, is now supported on InceptionLRT, allowing users to leverage inslisBNB for liquid restaking. This integration helps BNB holders take full advantage of DeFi composability while securing Actively Validated Services (AVS) in the EigenLayer ecosystem. By restaking slisBNB, users can enhance their earning potential, access cross-chain functionality, and maintain liquidity.
tBTC – Bridging Bitcoin to DeFi
For the first time, InceptionLRT integrates a Bitcoin derivative, tBTC, built by Thesis. This trustless, tokenized version of Bitcoin allows users to access DeFi opportunities while maintaining liquidity. Through intBTC, Bitcoin holders can restake their tokens, earning rewards while benefiting from tBTC’s composability across various DeFi platforms. This integration opens the door to bridging Bitcoin’s potential with DeFi.
sFRAX: Enabling Diversified DeFi Participation for Stablecoin Users
Building on the previous integration of sfrxETH, InceptionLRT now offers sFRAX, a staked version of the fractional algorithmic stablecoin, FRAX. Through insFRAX, users can restake their sFRAX tokens, benefiting from both staking and restaking rewards. This dual mechanism boosts the earning potential of FRAX holders, giving them the opportunity to diversify their participation in the DeFi ecosystem.
EIGEN, tBTC, slisBNB, and sFRAX Liquid Restaking Integrations on InceptionLRTs dApp
Expanding InceptionLRT’s Restaking Ecosystem
Through the addition of EIGEN, tBTC, sFRAX, and slisBNB, InceptionLRT continues to expand its liquid restaking capabilities. By integrating iLRTs and enabling instant withdrawals with Flash Unstake, InceptionLRT offers users a flexible and secure DeFi experience that aligns with diverse financial strategies. As the platform continues to grow, InceptionLRT remains committed to supporting a broad array of staking solutions designed to enhance user control and asset security.
About InceptionLRT
InceptionLRT specializes in restaking solutions for the DeFi sector, providing innovative approaches that prioritize both yield optimization and asset flexibility. By integrating advanced features and supporting diverse tokens, InceptionLRT is redefining the staking and restaking experience for decentralized finance users.
For media queries, users can contact: Fabio Wehb Ferrari, fabio.f@inceptionlrt.com
Contact
PR Manager
Fabio Wehb Ferrari
InceptionLRT
fabio.f@inceptionlrt.com
London, UK, October 16th, 2024, Chainwire
Polkadot drives forward ecosystem-wide transformation with 24/7 hacking and masterclasses from industry greats.
WebZero, a global event and DevRel force is presenting sub0 reset, the leading developer conference for the Polkadot & Substrate ecosystem from November 9-11, 2024, in Bangkok, Thailand.
sub0 reset is the first and only Substrate development conference, bringing together the best developers and builders of Web3 in a spectacular five-floor industrial venue, complete with a rooftop beach and catering and drinks from a private chef. Attendees will have the chance to learn from industry legends, including senior figures from the Web3 Foundation and founders of Polkadot, as well as meet like-minded partners to build next-generation apps and tools with Substrate in our 24/7 hackspace.
Fabian Gompf, CEO of Web3 Foundation, said: “Great to see sub0 come back with a fresh concept showcasing the talent in the Polkadot ecosystem. It’s a perfect opportunity for developers, investors and industry leaders to come together and build solutions on Substrate that will have a real impact”
Attendees can expect to learn about the latest projects building with Substrate, how to build with Substrate’s modular SDK and other emerging components in the Polkadot tech stack, with industry leaders such as Polkadot co-founder Robert Habermeier, Mythical Games founder John Linden and Nova Wallet founder Anton Khvorov taking to the stage and sharing their wisdom with guests throughout the 3-day event.
sub0 kicks off with a dedicated education day, ranging from no-holds-barred analysis of the state of Web3, to barcamp deep-dives on building on Substrate. Day two is Modularity Day, with discussions from leading innovators at Avail, R0gue, Midnight and Parity. Day three is JAM & Scalability day, building out Polkadot’s founder Gavin Wood’s vision to transform the ecosystem into the world’s first global computer. The venue’s 24/7 hackerspace will give new teams the chance to co-work and compete for 10k USD in bounties.
Practical details
Sub0 reset is taking place at 127 Na Ranong Rd, Khlong Toei, Bangkok from 9-11 November, 2024.
A limited supply of free tickets for sub0 reset are available here.
The event runs from 10 AM until late each day, make sure to subscribe to the WebZero Luma for full scheduling opportunities. The hackerspace runs 24 hours a day, ensuring developers can build at all hours of the night with food and beverages provided free of charge. Media lounge and recording rooms are provided.
For any further media enquiries, users can contact media@joinwebzero.com
ABOUT WEebZero
WebZero is a developer experience builder that is establishing a hybrid between event production and developer relations, based on its own unique vision and methodology.
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Comms/PR manager
Jonathan Duran
Distractive
jonathan@distractive.xyz
Sinagpore, Singapore, October 16th, 2024, Chainwire
Unite, the pioneering Layer 3 blockchain solution built on Base, is excited to announce a strategic partnership with Eigen Labs to incorporate EigenDA, a leading data availability solution provider, into the infrastructure that powers the next generation of mobile games.
As the first Layer 3 blockchain tailored specifically for mass-market mobile games, Unite is focused on delivering seamless, high-performance experiences to the nearly 3 billion active mobile players. To achieve this mass-market scale, the partnership with EigenDA will integrate their cutting-edge data availability solutions into Unite’s Layer 3 chain, making launching and operating a web3 mobile game dramatically more efficient at scale.
“Modern web3 infrastructure is critical to the evolution of the mobile gaming industry,“ said Weiwei Geng, CEO of Unite. “Our collaboration with EigenDA will let us help the next generation of developers achieve global scale by making blockchain an enabler – not an obstacle – to building web3 mobile games. This partnership is a significant step forward in our mission to bring the mass market of mobile gamers to web3.”
EigenDA’s data availability solution delivers hyper scalability, ensuring high throughput and seamless scaling as demand increases. It’s extremely efficient, and continues to drive gas fees closer to zero. The solution leverages Ethereum’s Layer 1 security via EigenLayer, making it robust and reliable. By aligning with Ethereum’s ecosystem, EigenDA enhances rollup scalability without data availability constraints. These features make EigenDA the ideal partner for Unite, enabling the handling of large transaction volumes and in-game interactions, allowing game developers to focus on innovation and growth.
Sreeram Kannan, CEO of Eigen Labs, added, “We are really excited about Unite’s vision of developing a crypto ecosystem dedicated to achieving mass-market adoption of web3 with mobile games. EigenDA and the Eigen stack ensures Unite developers can scale effectively while delivering seamless, high-quality experiences for gamers globally.”
The partnership between Unite and Eigen Labs marks a significant milestone in building the future of blockchain-powered mobile games with the potential to compete with leading web2 mobile games, which serve billions of users, and drive nearly $100B in annual revenue. Bringing together two industry leaders committed to driving innovation and mass adoption of web3. For more information, users can visit Unite.io and Eigenda.xyz.
About Unite
Unite is on a mission to build the first Layer 3 blockchain solution for mass-market mobile games, targeting the 2.8 billion players and the $90 billion revenue generated from the mobile game market. Focused on enhancing player experience with in-game earning capabilities, Unite offers a comprehensive L3 solution encompassing chain, client, ecosystem and establishing a decentralized physical infrastructure (DePin) built on billions of daily active mobile devices worldwide.
Founded by veterans in mobile, gaming and web3 infrastructure who served as founders and executives of some of the biggest names, Unite is leading the innovation to the mobile games.
For more information, users can visit Unite’s official website, or follow Unite on X, and join Discord community.
About EigenLayer
EigenLayer provides developers access to the Ethereum restaked capital base and decentralized validator set. Access to this trust network makes previously impossible mechanism designs possible in the form of Actively Validated Services (AVSs). EigenDA is the first AVS, building the most scalable, secure, and price-performant data availability layer. EigenLayer is backed by top investors including Polychain Capital, Blockchain Capital, Ethereal Ventures, Electrical Capital, and a16z crypto.
Contact
Di Chen
dchen@unite.io