Protocol Village: Polyhedra Says Open-Source ZK Proof System ‘Expander’ 2x Faster Than Alternatives
The latest in blockchain tech upgrades, funding announcements and deals. For the period of May 2-8.
Technology
MicroStrategy Unveils Plan for Bitcoin-Based Decentralized Identity Using Ordinals
MicroStrategy has already built one application using its service. “Orange For Outlook” integrates digital signatures into emails to enable recipients to verify the identity of the sender.
Web3 Publishing Platform Mirror Sells to Paragraph, Pivots to Social App ‘Kiosk’
Mirror and Paragraphs are rivals in the Web3 publishing space, and their deal allows Mirror’s team to operate as an independent company focused exclusively on social media.
The Protocol: EigenLayer’s ‘Intersubjective Forking’ Is Objectively Not Done
Much-hyped restaking project EigenLayer’s 43-page whitepaper about its now-revealed EIGEN token has raised lots of questions. They may not matter initially, because much of the promised functionality won’t be ready when the token launches.
Bitcoin’s Ethereum-Style Programmability Could Come in 12 Months, Rootstock Founder Says
Rootstock founder Sergio Demian Lerner spoke Wednesday about BitVMX at the Bitcoin++ conference in Austin, Texas (Bradley Keoun)
Blockchain Sleuth Elliptic Explores AI and Anti-Money Laundering Using 200M Bitcoin Transactions
Patterns of illicit activity involving groups of bitcoin nodes and chains of transactions are described in a research paper by Elliptic and MIT-IBM Watson AI Lab.
EigenLayer, After Touching Off Restaking Frenzy, Plans Own EIGEN token
Some 45% of the EIGEN token supply will go towards the EigenLayer community, while investors will be allocated 29.5% of the token supply, and 25.5% will go towards early contributors.
Bitcoin Mining Pool ViaBTC Sells ‘Epic’ First Post-Halving Sat for $2.13M
The pool mined the first block after last week’s halving, winning an “epic” sat in the process.
Movement Labs Raises $38M for Rollup Based on Facebook’s Move Language
Movement’s 21 and 24-year-old co-founders say they are on a mission to “make blockchain security sexy” with the launch of their L2.
Avail Data Availability Integrated by Arbitrum, Optimism, Polygon, StarkWare, ZkSync
The chains’ users will be able to opt in or out to use Avail for data availability, to stash the reams of data produced for all their transactions taking place.