Raiinmaker, AI-Centered Peer-to-Peer Community, Launches Decentralized App for Solana Cell
July 30 (PROTOCOL VILLAGE EXCLUSIVE): Raiinmaker, a federated peer-to-peer community developed to allow AI programs to optimize privateness, safety and efficiency, has launched a decentralized software (dApp) on Solana Cell dApp Retailer. In response to the workforce, the challenge “allows users to seamlessly interact with its decentralized AI capabilities directly from the app’s DePIN mobile node. With this dApp, Solana users can generate AI content, train models, and run decentralized compute nodes from the palm of their hands.”
Arweave-Primarily based Irys Transitions to Layer 1 With ‘Programmatic Datachain’
July 30: Irys, a provenance layer for everlasting information storage, introduced it is going to transition to a brand new layer-1 community with the launch of a “programmatic datachain that combines data storage and execution.” In response to the workforce: “Designed to meet developers’ evolving needs, Irys Layer 1 offers the ability to create future-proof and secure dApps across Ethereum, EVM-compatible chains, Solana, Avalanche, Aptos and more….. Through IrysVM, which is fully EVM-compatible, developers can leverage efficient and cost-effective real-time data manipulation. This approach simplifies development processes, enhances scalability and ensures stable and predictable pricing for transactions and data storage. Ecosystem partners building on Irys’ Layer 1 include Berachain, Eclipse, Injective Labs, Livepeer, Linea, IoTeX, Gateway.fm, Lit Protocol, NodeKit, Olas, Snapchain, BeraLand and YEET.” Based in 2021, Irys started its journey as Bundlr, a scaling resolution for everlasting information storage on Arweave.
Superposition Labs Places ‘MovePosition’ on Motion Labs Testnet
July 30: Superposition Labs introduced the launch of MovePosition on the Motion Labs public testnet. The challenge is a “pioneering DeFi platform incubated by Superposition Labs, which addresses the critical challenges in DeFi with its novel approach to risk management, leveraging Concordia’s adaptive risk model. The platform introduces an adaptive risk management layer that significantly enhances the stability and reliability of DeFi operations. By addressing the limitations of static risk models, MovePosition aims to mitigate systemic risks, prevent economic losses, and foster innovation within the DeFi ecosystem.”
Lava Community Provides Filecoin, Starknet Basis, Cosmos Hub to Launch of Phased Public Mainnet
July 30: Lava Community, a modular community enabling customers and builders to work together with any blockchain and rollup, launched its mainnet with Filecoin Community, Starknet Basis and Cosmos Hub. In response to the workforce: “Ecosystems use Lava to create incentive pools to attract high-quality infrastructure providers, rewarded for providing reliable service for users. Google Cloud, for example, was already operating as a provider on Lava testnet, running nine nodes handling millions of Ethereum requests.”
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Builders of Theoriq, ‘AI Agent Base Layer,’ Publish Whitepaper
July 29: The builders of Theoriq, described as an “AI agent base layer,” printed its official challenge whitepaper, introducing the important thing facets of its community and outlining its advantages for the event of superior AI agent collectives. In response to the workforce: “Using a decentralized model, Theoriq will leverage smart contracts to ensure transparency and accountability while also maintaining flexibility to ensure its network will continue to adapt as AI continues to advance in complexity. Ultimately, Theoriq aims to create a meritocracy for AI agents that is completely permissionless thanks to the power of the blockchain.”
Sprint Launches ‘Evolution’ Improve With New Sidechain, Knowledge-Contract Platform
July 29: Sprint, a payments-focused cryptocurrency challenge, is launching the Evolution improve on July 29, described as “its most major upgrade” thus far. In response to the workforce: “Evolution is a new sidechain and data contract platform to enable indexed decentralized storage and decentralized applications. The first two of these, Dash Platform Name Service and DashPay, deliver a decentralized Venmo-style payment experience of usernames and contact lists. Looking forward, Dash aims to implement IBC compatibility, as well smart contracts to enable advanced privacy for tokens data and payments.” In response to a weblog put up: “The Platform Chain is a sidechain that, as mentioned above, is run by EvoNodes, which also secure the legacy Dash chain. It uses the account-based model (single addresses have balances), as opposed to the UTXO model (multiple addresses hold coins, or UTXOs) of the Core chain. It uses a heavily-modified derivative of Tendermint (Cosmos) consensus called Tenderdash. The main differences between Tenderdash and Tendermint are that Dash’s version has same-block execution, meaning you don’t have to wait for the next block after writing new data in order to query it.”
European Gymnastics Launches ‘Luigi,’ an Decentralized AI-Powered to Present Competitors, Scheduling Information
July 29: European Gymnastics, representing 50 nationwide member federations and over 8.5 million gymnasts, publicizes the launch of its new AI-powered digital assistant, Luigi, offering decentralized AI and blockchain options to the Summer season Olympics. In response to the workforce: “Developed with OriginTrail, Luigi’s AI twin helps users find competition info, historical events, scoring elements, navigate schedules, and track results. The Luigi AI assistant provides sourced information, powered by OriginTrail’s Decentralized Knowledge Graph, ensuring that users can delve deeper into the summer games while maintaining data integrity.”
Kuru, Constructing CLOB on Monad, Raises $2M, Led by Electrical Capital
July 29: Kuru, constructing the primary totally on-chain central restrict order e-book (CLOB) on Monad, raised $2 million in a seed spherical led by buyers like Electrical Capital, Brevan Howard Digital, CMS Holdings and notable angels like Nomad Labs co-founder Keone Hon, Eugene Chen and Jarry Xiao. From the weblog put up: “Monad plans to have a TPS of ~10,000 and a 1 second block finality. This will result in significantly lower transaction costs and faster block times compared to current EVM chains. For the first time, this makes a fully functional CLOB on the EVM feasible, allowing market makers to frequently update their quotes without having to worry about transaction costs (gas fees) and slow block times.”
Binance Labs-Backed PSTAKE Finance Launches Mainnet V1 of Bitcoin Liquid Staking Answer on Babylon
July 29: PSTAKE Finance, backed by Binance Labs, introduced the mainnet launch of model 1 of its Bitcoin liquid-staking resolution constructed on Babylon’s Trustless BTC Staking protocol, with a 50 BTC deposit cap for protocol safety. In response to the workforce: “Prior to Babylon’s innovation, there was no way to earn meaningful yields on Bitcoin, but pSTAKE’s v1 solution leverages Babylon’s secure infrastructure to enable users to deposit their BTC and participate in securing app chains, thereby earning rewards once PoS chains start consuming BTC security from Babylon Bitcoin staking protocol.”
Portal to Bitcoin Plugs Into Bitlayer, Sovryn, Tari
July 29: Portal to Bitcoin, describing itself as a “platform dedicated to unlocking Bitcoin liquidity through the only truly trustless solution,” introduced strategic integrations with Bitlayer, Sovryn and Tari as extra core elements of its impending testnet launch. In response to the workforce: “In addition to the Lightning Network, Portal to Bitcoin employs atomic swaps to facilitate direct peer-to-peer exchanges between Bitcoin and other cryptocurrencies. Atomic swaps are smart contract-based transactions that allow users to exchange one cryptocurrency for another without the need for a trusted third party.”
Fuse Launches ‘Flash’ Testnet With ZK Rollup Deployment
July 29: Fuse, a blockchain ecosystem for Web3 funds, introduced the brand new Fuse Flash testnet launch, with tokenomics modifications. In response to the workforce: “This transition brings key updates as part of the road to the new mainnet, expedited to Q4. The testnet is part of the Fuse mission to enhance capabilities, stability and decentralization with deployment of Polygon-based ZK layer-2 network, that will also include:
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Deflationary FUSE token model
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Adjustments including ZK rollup deployment
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L1,2 integration, and migration to ZK Validium
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Increased transactions per second (TPS) throughput and decentralized validation
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New maximum stake requirement for validators
Clearpool, DeFi Credit Protocol, to Launch on Arbitrum
July 29: Clearpool, a DeFi credit protocol focused on RWA lending, will be launching on Arbitrum, the biggest Ethereum layer-2 network. According to the team: “The mixing marks the debut of Clearpool Prime on Arbitrum, an institutional-grade credit score market on-chain. Designed to satisfy the rising institutional demand for on-chain credit score, Clearpool Prime allows establishments to transact by way of non-custodial good contracts in a completely compliant, KYC-verified surroundings.”
StakeWise V3 Arrives on Gnosis Chain
July 26: Crypto staking protocol Stakewise has launched its V3 protocol on Gnosis Chain, the Etheruem sidechain. According to Gnosis, “The launch will see the creation of a brand new staking market and permissionless entry to the brand new liquid staking token osGNO.” Before the launch of StakeWise V3 on Gnosis Chain, the staking protocol’s V2 platform amassed over 73,000 GNO in deposits, equivalent to roughly 40% of Gnosis Chain’s staked assets, according to the team. (GNO is Gnosis Chain’s governance and staking token – used to secure the protocol and vote on key changes to its roadmap.)
BitcoinOS Verifies First-Ever ZK Proof on Bitcoin Mainnet
July 25: BitcoinOS, a network of Bitcoin-based rollup chains, has verified the first-ever zero-knowledge (ZK) proof on Bitcoin’s mainchain. ZK cryptography is looked to as a key technology for scaling blockchain throughput and usefulness, but the tech is complicated and computationally intense – meaning it was unclear if or when it would make its way to the comparatively bare-bones Bitcoin network. According to the BitcoinOS team, “That is the primary permissionless improve of the Bitcoin system and the primary time Bitcoin has been upgraded with out a comfortable fork.” Bitcoin can now be “infinitely upgradable,” the team told CoinDesk, “whereas requiring no modifications to the consensus code.” BitcoinOS aims to be the “final implementation of a Bitcoin rollup system,” eventually serving as a bridge connecting any number of rollups – quick and cheap layer-2 blockchains that are secured by the Bitcoin blockchain and ZK proofs.
Roxom Raises $4.3M and Launches Bitcoin-Based Stock, Commodities and Futures Exchange
July 25 (PROTOCOL VILLAGE EXCLUSIVE): Roxom raised $4.3 million in pre-seed funding to launch the first stock, commodities, and futures exchange denominated in Bitcoin. The company was founded by CEO Borja Martel and CTO Nick Damico. Martel was previously a co-founder at LATAM-based crypto exchange Lemon. Roxom’s round was led by Kingsway, Draper, and David Marcus, among others. “Bitcoin native monetary markets are an essential step for holders to entry a variety of economic providers natively. Roxom is a vital step in that route,” said Marcus.
P2P Validator Service Integrates with Avail Network
July 25: P2P.org is set to integrate the just-launched Avail Network into its non-custodial staking platform. According to the team, the integration with Avail’s data availability network will enable “smoother cross-chain transactions, bettering general blockchain interplay.” Key highlights, according to P2P, include a “0% charge incentive for the primary three months of staking AVAIL, profitable testnet phases managing over 300 million requests and 37,000 concurrent connections, and the deployment of modern options like a proxy balancer for enhanced community capability.”
Elastos Introduces Native Bitcoin Staking
July 25 (PROTOCOL VILLAGE EXCLUSIVE): Bitcoin-based Layer-2 service Elastos says it has introduced native bitcoin staking for the first time ever. From the team: “Utilizing the Elastos BeL2 SDK, companions can develop Native Bitcoin dapps aimed toward encouraging the staking of over 1 Trillion dormant Bitcoins.” The SDK debuted at Bitcoin Nashville 2024, with the StarBTC demo loan app. “Elastos is the only real L2 with modern arbiter node expertise and good contracts, facilitating dispute decision and income alternatives to node holders who stake Elastos ELA or BTC,” said the team.
Unchained Launches Service for Guiding Friends and Family to Invest in Bitcoin
July 25: Unchained, a Bitcoin financial services company, is launching “Connections,” a service designed to help friends and family securely invest in Bitcoin. Connections builds on Unchained’s custody service with an interface for guiding loved ones through the process of investing and securing Bitcoin. Unchained says the new service helps with “enhancing Bitcoin’s accessibility and leveraging trusted relationships to safeguard in opposition to digital threats.”
Bitcoin-Based Core Blockchain Introduces Dual Staking Model
July 25: Core, a blockchain that uses Bitcoin’s security mechanism and the Ethereum Virtual Machine (EVM), adopted a Dual Staking model, “Bitcoin x CORE.” From the Core Foundation: “This new mannequin builds on Core’s first-ever implementation of Non-Custodial Bitcoin Staking that acts as a Bitcoin bond layer, establishing the Bitcoin Danger-Free Price.” Core says 55% of Bitcoin mining hash power is being actively delegated to Core, helping to secure 100+ dapps boasting $135M in TVL and 50k+ DAU. “Twin Staking is about to additional solidify Core’s transformation of Bitcoin from a mere retailer of worth right into a safe, yield-bearing asset,” said the team.
Silk Road 2.0 Operator Launches a Crypto Startup
July 24: Blake Benthall, the programmer who was behind the infamous black market narcotics marketplace Silk Road 2.0, announced the launch of his new company Fathom(x). From the company: “The Fathom(x) platform permits people and companies to know precisely the place their cryptocurrency is situated, offering proof that they’ll entry it.” The platform “additionally simplifies the authorized mandate to display screen buyer belongings for sanctions,” Fathom(x) said in a statement, “proving {that a} enterprise adopted the legislation and presenting complicated blockchain information as a easy ledger that finance professionals can rapidly perceive.” Benthall’s success running a dark web drug market, which ultimately led to his getting arrested by the F.B.I., has played no small part in his pitch to investors.