Welcome to the protocol, the weekly conclusion of Coindesk of the most important stories of the technological development of cryptocurrencies. We are Margaux Nijkerk and Sam Kessler, journalists from the Coindesk technological team.
In this issue:
- Can Ethereum be really deprived? The developers put pressure for an encrypted guy, confidentiality by default
- Nvidia moves us the production of AI supercalculator, opening new avenues for crypto minors
- OPTIMUM INCUBED OF MIT increases $ 11 million to create a missing layer of memory of web3
- The new “applicator” of noble allows developers to build Stablecoin tools on Celestia
This article is presented in the latest issue of the protocol, our weekly newsletter exploring technology behind the crypto, one block at a time. Register here to get it in your reception box every Wednesday.
Network news
Confidentiality is warmed among Ethereum developers: When the US government sanctioned the Ethereum -based Cryptography mixture in cash in 2022, it sparked a debate within the cryptographic community which continues three years later. The defenders argued that respect for the sanctions was equivalent to censorship – undermining a fundamental principle of Cypherepunk. President Donald Trump supported the Cyphenpunks and raised the Tornado cash sanctions in March of this year, but for some developers of Ethereum, the situation has highlighted a defect within the network that still exists today: why should users depend on third-party applications to transform the network into private? Perhaps emblazon by recent tornado cash developments, Ethereum developers and researchers have started to discuss ideas to make the Ethereum network at the base. “Confidentiality should not be an optional functionality that users must consciously activate – it must be the default network of the network,” said Pcaversaccio, whose message described its vision of an Ethereum roadmap focused on confidentiality. “Ethereum’s architecture must be designed to ensure that users are private by default, not by exception.” In response to the PCAVERSACCIO position, the co-founder Ethereum Vitalik Buterin left a comment on the main forum of network developers with its own Ethereum road leaf focused on privacy. Buterin has suggested focusing on the confidentiality of payments on the chain, anxious activity on the chain in applications, making communications on the anonymous network and privatizing readings on the chain. To achieve all of this, Buterin has listed various stages such as the integration of certain third -party confidentiality features in the central network. – Margaux Nijkerk and Sam Kessler Learn more.
NVIDIA AI Supervisors’ Production Plans could benefit to cryptography minors: NVIDIA plans to manufacture its next generation of chips and superordinators entirely entirely in the United States, the company said in a statement. This decision reflects an increase in AI infrastructure demand and a wider push to locate the manufacture of advanced technologies – that which could also benefit cryptographic minors to reuse their installations for AI and high performance IT (HPC). Many of these operators already have access to large -scale power and cooling systems necessary for the operations of the data center, making them potential actors in the UA growing economy. Crypto minors, formerly concentrated on chopping power, are increasingly sought after means to integrate into the IA and HPC supply chain. Their access existing in dense infrastructure and logistical experience in the management of operations on an industrial scale gives them an implication such as the request for overvoltages of calculation of the AI. The recent prices of US President Donald Trump, however, cause anxiety among minors, as policy changes should increase costs on ASIC minors, electrical components, networking equipment and more. Helene Braun Learn more.
The optimum memory layer increases $ 11 million in semen: Optimum, a layer of decentralized memory and improving the performance for any blockchain, has collected an $ 11 million seed tour, inviting its creators to institutions like Harvard and started to jump from the world of the university world in the commercial crypto. The seed lathe was led by 1kx with the participation of Robot Ventures, Finality Capital, Spartan, CMT Digital, SNZ, Triton Capital, Big Brain, CMS, Longhash, NGC, Animoca, GSR, Caladan, Reforge and others. Optimum consists in building what he calls the missing memory layer of blockchains, which makes the data stored, acceded and propagated, faster, cheaper and really decentralized, according to a press release. At the heart of optimum innovation is a decentralized coding method for distributed systems, called random linear network coding (RLNC), developed by Muriel Médard, MIT teacher. – Ian Allison Learn more.
The new “applicator” of noble allows developers to create stablecoin applications above Celestia: Noble, a blockchain to issue real assets (RWA) and Stablecoins, announced on Wednesday that it would extend its platform by introducing “Applaying”, an Ethereum compatible Rollup which allows developers to create their own RWA applications and infrastructures. The Noble Applicator aims to allow developers to create new financial tools optimized for real world assets such as stablescoins – digital assets whose value is fixed to another asset, such as the US dollar. The applicant will take advantage of Celestia, a data availability blockchain which aims to reduce storage costs for the blockchain networks with high data intensity. Celestia, like noble, is connected to the ecosystem of the Cosmos blockchain and is compatible with the Ethereum virtual machine (EVM), which means that it can read intelligent contracts from other chains based on Ethereum. – Margaux Nijkerk Learn more.
In other news
- The Mantra OM token went from more than $ 6 to $ 0.45 in a few hours on Tuesday without an apparent catalyst. CEO John Mullin said in a post on Wednesday that he burned his team’s tokens to win back the confidence of the Mantra community. Mullin said that the drop in prices results from the closing exchanges of OM positions, but members of the cryptographic community have blamed the Mantra team. The founder of Okx Start XU called the incident “a great scandal”. – Jamie Crawley Learn more.
- Perhaps aimed at reproducing the Bitcoin (BTC) game book (BTC), except with Solana (Sol), the Fintech Janover (JNVR) commercial real estate platform built a floor of a floor worth around $ 21 million and saw the course of its action increase almost 20 times in less than a month. The company bought earlier this week 80,567 ground tokens worth around $ 10.5 million, bringing its total to 163,651. – Krisztian Sandor Learn more.
- DWF Labs invests $ 25 million in World Liberty Financial (WLFI), the decentralized financial protocol supported by US President Donald Trump and his family. According to a press release. – Francisco Rodrigues Learn more.
Regulation and Policy
- The Securities and Exchange Commission (SEC) is not yet ready to make a decision on two critical characteristics that the transmitters of the funds (ETF) negotiated in exchange for crypto (ETF) hope to add to their products. The regulator has delayed a decision to find out if it will allow redemptions in kind for the Wisdomtree (BTCW) and Bitcoin Fund (BitB) fund by Vaneck and Ethereum Fund (ETHW). He also moved his deadline for a decision concerning a proposal from Grayscale to make it possible to mark his Ethereum Trust (ETHE) and Mini Ethereum Trust (ETH), that the exchange of the asset manager, Nyse Arca, had asked in February. – Helene Braun Learn more.
- Cryptocurrency exchange based in Seychelles, OKX develops in the United States and establishes a new regional headquarters in San Jose, California. The exchange will deploy access to its platform and its native OKX portfolio for crypto-basée merchants in the United States.— Cheyenne Ligon Learn more.
- The Google research giant will only authorize the exchanges of cryptocurrency and software portfolios to advertise in the European Union if they have a license under the EU markets in Crypto-Asets (Mica), from April 23, announced the company. Google said advertisers must now obtain certification from the company and demonstrate that they are registered as a Crypto-Set (CASP) service provider under Mica. The company also requires that advertisers comply with any additional legal obligation specific to the country .—Francisco Rodrigues Learn more.
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