🔍 🏎 How Monad, Sei, and Eclipse Optimize for Speed
In today’s edition: 🚨 TON blockchain down for six hours, 🎯 DeFi backlash against Sky's new USDS, and more!
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How to Build the Fastest Onchain Experience With Monad, Sei, and Eclipse
The next generation of high-throughput blockchains are on their way. Keone Hon of Monad, Jay Jog of Sei, and Vijay Chetty of Eclipse discuss the ways they’re boosting the number of transactions per second, and the tradeoffs they’re having to make.
In this episode of Unchained, Keone Hon of Monad Labs, Jay Jog of Sei Labs, and Vijay Chetty of Eclipse Labs share insights on their distinct approaches to scalability and performance in high-throughput blockchains. They discuss the technical advantages of parallelized EVMs, the strategic decisions behind blockchain architecture, and the innovations driving the next generation of high-speed chains.
Listen to the episode on Apple Podcasts, Spotify, Pods, Fountain, Podcast Addict, Pocket Casts, Amazon Music, or on your favorite podcast platform.
Daily Bits… ✍️✍️✍️
🔧 The Open Network (TON) experienced a six-hour outage due to abnormal load and issues with validators, causing Binance and Bybit to temporarily halt deposits and withdrawals.
🪙 Ethereum co-founder Vitalik Buterin suggested that implementing crypto identity solutions using zero-knowledge proofs could address the key issues associated with airdrops, such as preventing "farming" and ensuring fair token distribution to genuine community members.
💼 Maker, now rebranded as Sky, is facing backlash from the DeFi community for introducing a new stablecoin, USDS, which includes a controversial feature of allowing the issuer to remotely freeze assets.
🔄 Bitwise Bitcoin ETF (BITB) has entered an agreement to acquire all assets from Osprey Bitcoin Trust (OBTC) — which comes not long after Osprey said it was considering a sale or merger — ensuring OBTC unitholders receive BITB shares as part of the transaction.
📈 Nasdaq filed with the SEC to list and trade bitcoin index options, aiming to offer investors new ways to manage and hedge bitcoin positions.
✉️ The Open Network Society, which is an independent group representing the TON community, issued an open letter to French authorities, urging the release of Telegram co-founder Pavel Durov following his arrest.
Today in Crypto Adoption...
🇧🇷 BlackRock listed its iShares Ethereum Trust (ETHA) on Brazil's B3 stock exchange, following the successful listing of its Bitcoin ETF earlier this year.
The $$$ Corner…
💰 Space and Time, a blockchain-native data warehouse that integrates AI tools, has secured $20 million in a Series A funding round, bringing its total backing to $50 million.
💸 Solayer Labs, the developer behind Solana's re-staking protocol Solayer, raised $12 million in a seed round led by Polychain Capital, bringing the company’s valuation to $80 million.
🎮 Gameplay Galaxy, a Web3 game development studio, closed $11.17 million in a seed extension round, raising its valuation to $71 million.
What Do You Meme?
📈 Your Market Update 📉
BTC is down 4.1%, trading at $59,908
ETH is down 3.9%, trading at $2,531
BTC dominance: 53.6%
Crypto market cap: $2.20T
*All data as of today, 07:12 am ET. Source: CoinGecko
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