Sei v2 is poised to become the first parallelized EVM blockchain. This major proposed update from Sei Labs aims to deploy a backward compatible Ethereum execution environment integrated into Sei’s core binary, inheriting Sei’s advanced twin turbo consensus mechanism and optimistic parallelization capabilities, while remaining fully composable with Sei’s existing wasm environment.
 
This approach means that any Ethereum or Ethereum Layer 2 application can now deploy on Sei to harness Sei's speed and throughput, and users can interact with Sei using familiar tools such as Metamask. The upgrade is code complete and ready for audit, read more here: https://blog.sei.io/sei-v2-the-first-parallelized-evm/

 Developers, developers, developers: Today, Sei allows for Cosmwasm smart contracts, which are written in Rust. As Sei continues to garner more developer interest, the biggest request has been additional flexibility in the execution environments that Sei supports. Sei Labs has risen to this challenge with a first of its kind solution. By placing developers' needs at the forefront, Sei is creating the first parallelized EVM.
 
Embracing EVM: For the first new execution environment to be integrated, Sei Labs proposes to support the Ethereum Virtual Machine (EVM), recognizing its widespread adoption. This strategic proposal acknowledges EVM's current dominance, creating a familiar yet enhanced environment for the majority of blockchain developers, tools, and libraries.

Enhancing Ethereum and Eth L2 Applications with Sei: It is often stated that “any large successful application on ETH requiring high throughput will pivot to being their own L2 or their own appchain”. Unfortunately, L2s are bandwidth bound by the Ethereum base layer and fundamentally cannot scale, while often simultaneously suffering from centralization trade-offs. At the same time, appchains incur far more infrastructure overhead, risk and complexity than many teams are willing to take on.

Sei v2 will bolster any execution environment built atop it with its advanced twin turbo consensus mechanism and parallelization capabilities. This approach equips Ethereum applications to harness Sei's speed, efficiency, and security.

What does this mean? This proposed upgrade means that any EVM application can be enhanced with the benefit of 28,300 batched transactions per second of throughput, with 390 ms time to finality. This allows applications to support many more users and far more ‘web-2’ like interactive experiences than on existing EVM blockchains. As a technology, Sei offers far cheaper per-transaction costs, higher throughput and the fastest time to finality in crypto, while suffering from none of the centralization tradeoffs, complexity or the overhead of operating an Ethereum L2 rollup.
 
In this way, Sei is making the EVM simple again.
Some examples of applications that would benefit from this approach are scalable high performance dexes of any kind, massive multiplayer games, global payment and settlement applications and NFT projects looking to service mass global audiences. In short: applications that aspire to achieve mass adoption.
 
Wen? Once audits are complete, this upgrade will be released in a public testnet in Q1 2024, and will be deployed to mainnet in H1 2024, subject to governance.
There are many other important improvements being made to Sei as part of Sei v2; you can read more here: https://blog.sei.io/sei-v2-the-first-parallelized-evm/

 

 
 In 2021 the DeFi ecosystem exploded in size with the new protocols covered in various news portals. Financial data feeds are the foundation for projects offering decentralised products like synthetics or insurance. However, the real potential of Web 3.0 is still constrained by the lack of more diverse data types. That’s where RedStone Oracles bring the change with its unique approach of storing non-standard data on Arweave and delivering it to all EVM-compatible chains.

At their core, oracles are middleware that enables the communication between blockchains and off-chain systems such as data providers, cloud providers, IoT devices and payment systems.



RedStone Protocol, a next-generation cross-chain data oracle providing pricing data for financial protocols, announced it has raised a $7 million seed round led by Lemniscap. According to a press release on this occasion, RedStone intends to use funds to further develop Web3 through strategic hiring.

Other notable investors in RedStone’s just-closed seed funding round include Blockchain Capital, Coinbase Ventures, Distributed Global, Lattice Fund, Arweave, KR1 plc, Bering Waters, Maven11, SevenX, FoliusVentures, Numeus, The Graph, 4SV, PermanentVentures and ComputeVentures.



Speaking to investors earlier, Roderick van der Graaf, founder of Lemniscap, said they are backing RedStone as the company continues to highlight its reputation as the oracle platform of choice for DeFi users across the industry spectrum.

According to Graaf, the current oracles that power most decentralized finance (DeFi) platforms are slow but costly for developers to scale operations. Notably, RedStone uses the Arweave blockchain to create accessible storage with a permanent audit trail.

According to the developers, RedStone curates data sources and stores information using Arweave’s highly reliable and low-cost decentralized storage infrastructure, thereby providing a fully auditable historical audit trail of information.

RedStone Protocol and the Emerging DeFi Ecosystem
Over the past two years, the decentralized financial market (DeFi) has led to the industry’s adoption of cryptocurrencies and blockchains. According to data provided by DeFi Pulse, the total value locked (TVL) in decentralized finance protocols is $34.37 billion.

 

producer, AAVE, and Curve Finance are the leading DeFi protocols with $7.9B, $4.86B, and $4.73B respectively. Other notable DeFi protocols with significant TVL include support for Ethereum. Uniswap has about $3.42 billion, and Convex Finance has about $2.88 billion.

RedStone has previously raised funds from investors looking to develop fast and user-friendly DeFi oracles. Mid-July 2021, RedStone announced that it had raised $525K in a pre-seed funding round led by Maven 11 Capital.

Over time, the company has grown to become a major DeFi provider tracking over 1,000 assets from 46 sources. Additionally, the success of DeFi protocols depends on timely and accurate data, which can only be provided from reputable sources.

For example, the ETH/USD pair may have different prices at certain times, making it difficult for DeFi to play fairly with its clients. Thus, the RedStone protocol collects data from several cryptocurrency exchanges and finds the median data for all of them.

This way, customers get the best prices at any given time.

The Oracle Problem
Promising decentralisation, blockchain networks do not communicate with the outside world directly as they, by their very nature, have been designed to act independently of intermediary involvement in an isolated manner. Blockchains form a consensus to execute agreements or commands using data that is stored on their ledger, all of which is validated using nodes across distributed networks.
The decentralised nature of blockchains prevents them from pulling in or pushing out data from or to any external system as a built-in functionality.

Blockchains nodes must be kept in isolated sandboxes and as such cannot directly access traditional services or generate data in-house. Without this data, they cannot execute such contracts as deciding the results for insurance policy payouts, determining financial settlements, knowing when to release or settle payments — in other words a specific blockchain is helpless in decisions that are dependent on data from outside of its own infrastructure. All nodes must also operate in the same, predictable, deterministic environment.

Early Attempts
During the early days of blockchain, there was a distinct lack of standards and market leaders. This “wild west” landscape saw almost every protocol creating its own proprietary oracle solution. However, building an oracle is not a trivial task, and home-made oracles turned out to be vulnerable which ended with many hacks. Some of these hacks were far from low profile, with millions of dollars being stolen or lost due to poor practice or human error.



One of the biggest Oracle exploit resulted in almost $90M being liquidated
As exploits continued, protocol users started migrating towards professional solutions allowing market leaders to grow their shares.

Another early attempt at finding a solution came in the form of a “two phase approach”:

A contract submits a request for data to an Oracle Service;
An Oracle Service sends back a response with data.
This simple and flexible solution was pioneered by Oraclize (now Provable) and Chainlink as Basic Request Pattern, but the main disadvantage of this approach is that the contract cannot access data immediately as it requires two separate transactions; this kills usability as the client needs to wait until the data comes to a contract to see the result of an action.

A bigger problem, on top of that, is that fetching data is not atomic — meaning, not in a single transaction. As a result, an Oracle has to synchronise multiple contracts, which is complex, slow and ultimately kills interoperability.

Today’s State of Play
Currently, the most popular approach taken by blockchains in an attempt to address the aforementioned issues is to persist all data directly on-chain, so that the information is available in the context of a single transaction. Protocols have also formed syndicates around the most popular oracles using common standardised configuration.
 high maintenance costs of this approach mean that storing data directly on-chain is extremely expensive. On a historically busy day, with a daily average 500gwei Gas price, a single transaction may cost above $100, so if we persist every 10m across 30 sources, the daily bill will be more than $400k per one token.

Conclusion
Redstone Finance represents an important step in the development of decentralized financial solutions. The platform provides investors and users with tools for secure, transparent and managed financial transactions. With a wide range of investment opportunities and a modern approach to asset management, Redstone Finance is making its mark on the evolution of the financial world.

By addressing these issues, Oracle’s new system can provide more efficient resource utilization, improved scalability, increased data reliability, and decentralized access, ultimately delivering a better overall user experience and reducing potential risks and limitations.

Links :
Website — https://redstone.finance/
Twitter — https://twitter.com/redstone_defi
Docs — https://docs.redstone.finance/
Blog — https://blog.redstone.finance/
Github — https://github.com/redstone-finance
Lens — https://lenster.xyz/u/redstone_oracles
Telegram — https://t.me/redstonefinance/

[Shardeum is an EVM-based, linearly scalable smart contract platform that provides low gas fees forever while maintaining true decentralization and solid security through dynamic state sharding]

Shardeum is an EVM-based, linearly scalable smart contract platform that provides low gas fees forever while maintaining true decentralization and solid security through dynamic state sharding

World’s first EVM-based L1 blockchain which uses dynamic state sharding to increase TPS with every new node

https://shardeum.org

  

 
 
Watch the video - https://youtu.be/CPN6q06rxlw

[Zenlink consists of:]

Zenlink is a basic DEX cross-chain protocol based on the Polkadot network, which aims to create a highly scalable next-generation DEX cross-chain network. By integrating the Zenlink DEX module, the project allows parachains to easily and quickly access all DEX capabilities and share liquidity with other parachains. Zenlink DEX Aggregator can link all DEX decentralized applications on Polkadot, it's like Curve + 1inch in one bottle. In simple terms, Zenlink is a DEX through which any parachain can deploy its own internetworking DEX, which provides users with the ability to easily and quickly exchange with low slippage.

Zenlink consists of:

● Zenlink Protocol: Upper layer unified general DEX protocol.
● Zenlink DEX module: is a module that allows parachains to integrate to exchange liquidity with other DEXs on other parachains.
● DEX Aggregator: Easy and convenient entry into the world of DEX, which is compatible with almost all DEX on Polkadot, with which users can do a couple of clicks, perform an operation with DEX with low slippage.
● Zenlink Token (ZLK): Zenlink DEX protocol token, which is used for administration, liquidity.
● Zenlink DEX Network: A decentralized exchange network consisting of the Zenlink DEX module, Zenlink DEX aggregator and other DEX applications on parachains.
 
Zenlink has already received support from major investment funds such as Alameda, HashKey Crypto, Okex Blockdream Ventures, IOSG Ventures, D1 Ventures, Continue Capital, Youbi Capital, SNZ Holding.  
 
  
Zenlink received two grants from the Web3 Foundation:

● The first of them was awarded for the development of a prototype cross-chain module for the Polkadot network. More details can be found here - https://medium.com/zenlinkpro/zenlink-receives-web3-foundation-grant-to-develop-cross-chain-dex-module-prototype-for-polkadot-c19bae267b10

● The second for the implementation of the WASM smart contract - https://medium.com/zenlinkpro/zenlink-dex-smart-contract-is-open-source-9b0b9e0ebfa2

 

Tokenomics
 

Community: 50%

● Trade mining: 15%, non-linear unlocking
● Mining liquidity: 25%, non-linear unlocking
● DAO: 5%, will be used upon request to cover development costs. Supervised by the community and Zenlink team.
● Community Incentives: 5%, which are used to reward active ZLK community members and parachains who integrate the Zenlink DEX module.
 

Early investors: 26%:

● Seed round: 7%, linear unlock every 3 months, 1/8 unlock every time
● Angel investors: 11%, linear unlock every 2 months, 1/8 unlock every time
● Series A: 8%, linear unlock every month, 1/8 unlock every time
● Command: 20%, linear unlock every 3 months and release after 24 months (no unlocking during the first 2 months after launch).
● Foundation: 4%, reserved, no unlock plans yet.


 Zenlink works with many big companies such as Math Chain, Chainlink, Web3 Foundation, Bitfrost, Plasm Network, Phala Network, Darwinia, OpenOcean, Sakeswap, Bondly.
 
Zenlink DEX DApp: https://dex.zenlink.pro/    
Twitter: https://twitter.com/ZenlinkPro
Website: https://zenlink.pro/
Wiki: https://wiki.zenlink.pro/
Github: https://github.com/zenlinkpro
Medium: https://medium.com/zenlinkPro
Whitepaper: https://zenlink.pro/en/whitePaper
Tokenomics: https://wiki.zenlink.pro/resources/tokenomics
Discord: https://discord.gg/8q75ZfUE8h
Zenlink Branding Resources: https://drive.google.com/drive/folders/1eayLasEbZP5KkP02BbrKhec2orTF2D2G
Coinmarketcap: https://coinmarketcap.com/ru/currencies/zenlink/

[Campaign starts on February 26]

 
 

Campaign starts on February 26

 

❤ Free TON Proof of Love campaign ❤

We are pleased to inform you about the upcoming launch of the "Free TON Proof of Love" campaign. In it, we want to encourage creative people who will support the Free TON community with their unique works! Everyone will have the opportunity to use and demonstrate their creativity and imagination, to prove their love for the Free TON project in any way available to them (drawing, video, dance, animation, song, etc.). This can be anything, but it must be associated with the symbolism/logo of the Free TON project.



Contest period:
26.02.2021 – 28.03.2021



 Free TON Logos:
https://drive.google.com/drive/folders/153kFeAS3kv-HE6AQGs1yuZ6d8t1nbSiR

 Information about  Free TON:  
EN – Free TON Ecosystem – Telegraph – https://telegra.ph/Structure-of-the-Free-TON-ecosystem-08-31
RU – Экocиcтeмa Free TON – Teлeгpaф – https://telegra.ph/Navigaciya-po-ehkosisteme-Free-TON-08-11

 

Basic rules:
 
● Create account on the Free TON forum – https://forum.freeton.org /
● Create Ton Surf Wallet - https://web.ton.surf/
Instructions on how to create Ton Surf wallet - https://medium.com/bubbalexmedia/ton-surf-wallet-guide-for-storing-free-ton-tokens-9149977d60d8
● Sign the Declaration on Decentralization – https://freeton.org/dod
● Make a picture, video or whatever you can do best and combine it with the Free TON symbol ;
● All participants must post their competitive work on Twitter, adding a message with text and hashtags: With love to Friton! #iLoveFreeTon @CommunityTon and also add a link to the contest itself – https://forum.freeton.org/t/free-ton-proof-of-love-campaign-new-version/8346 and Ton Surf wallet address ;
● Each participant must post their work in a comment on the forum – https://forum.freeton.org/t/free-ton-proof-of-love-campaign-new-version/8346 by adding a link to your post on Twitter and Telegram @nickname.
● Maximum of 3 works from one participant. Each work must be in a separate application
● All participants will need to fill out the Google form – https://forms.gle/wYjR84NY7jMDqg5x7
● All participants need to subscribe to the official Twitter Free TON – https://twitter.com/CommunityTon
● Each participant must submit their work in PDF format ((detailed instructions on how to do this are below in the comments) by clicking on "Add Submission" in this section – https://influencers.gov.freeton.org/?section=contests (do not confuse the contests), fill in the items" Free TON wallet address " (TON Surf) and the Link to send (link to your post with the work in the contest propozal on the Free TON forum)
 

Within 10 days after the end of the competition, the judges of our Jury will review all applications and announce the winners.

All questions about this company can be asked in https://t.me/freeton_influencers

 
Evaluation criteria and winning conditions:

● The main evaluation criteria will be originality and complexity of implementation;
● Photo / video / sound must be of high quality;
● Creativity - unique ideas are always welcome;
● Audience coverage - the number of likes, reposts, views. (not so important)
 

Rewards:

1st place-3000 TON Crystal
2nd place-1500 TON Crystal
3rd place-750 TON Crystal
4th place-450 TON Crystal
5th place-350 TON Crystal
6th place-300 TON Crystal
7th place-250 TON Crystal
8th place – 200 TON Crystal
9th place-150 TON Crystal
10th place -100 TON Crystal
11-20 place – 50 TON Crystal

 

1 TON = $0.6 at the time of writing
https://www.coingecko.com/en/coins/ton-crystal


Anyone can participate, but Free TON cannot distribute Tons to US citizens or US entities.

 

We wish you all inspiration and look forward to your work)

 

Original contest Free TON Proof of Love campaign on Free TON Forum: https://forum.freeton.org/t/free-ton-proof-of-love-campaign-new-version/8346

 
reposts on other sources:
Altcoinstalks – https://www.altcoinstalks.com/index.php?topic=193511.new#new
Cryptotalk – https://cryptotalk.org/topic/347272-%E2%9D%A4-free-ton-proof-of-love-campaign-7750-ton-crystal-4600-20-prizes-%E2%9D%A4/
Minds – https://www.minds.com/newsfeed/1209764620519469056

[26 февраля стартует конкурс Free TON Proof of Love campaign]

 

26 февраля стартует конкурс Free TON Proof of Love campaign
 
 
❤ Free TON Proof of Love campaign ❤
 
 
Рады сообщить вам о скором запуске кампании «Free TON Proof of Love ». В ней мы хотим поощрить творческих людeй, которые поддержат сообщество Free TON своими уникальными работами! У каждого появится возможность использовать и продемонстрировать свою креативность и воображение, доказать любовь к проекту Free TON любым доступным для него способом (рисунок, видео, танец, анимация, песня и т.д.). Это может быть что угодно, но обязательно связано с символикой/логотипом проекта Free TON.
 

 
Сроки проведения конкурса:

26.02.2021 – 28.03.2021

 
 
Логотипы FreeTon:
https://drive.google.com/drive/folders/153kFeAS3kv-HE6AQGs1yuZ6d8t1nbSiR

 
Информация о Free Ton:

EN – Экосистема Free TON – Telegraph – https://telegra.ph/Structure-of-the-Free-TON-ecosystem-08-31
RU – Экосистема Free TON – Телеграф – https://telegra.ph/Navigaciya-po-ehkosisteme-Free-TON-08-11
 

 

 Основные правила:

● Создайте аккаунт на форуме Free TON – https://forum.freeton.org/
● Создайте кошелек Ton Surf – https://web.ton.surf/
Инструкция как создать кошелек Ton Surf – https://forum.freeton.org/t/ton-crystal-ton-surf/4271
● Подпишите Декларацию о децентрализации – https://freeton.org/dod
● Сделайте снимок, видео или то, что у вас получается лучше всего, совместив это с символом Free TON;
● Все участники должны опубликовать свою конкурсную работу в Twitter, добавив к ней сообщение с текстом и хэштегами: With love for FreeTon! #iLoveFreeTon, @CommunityTon а так же добавить ссылку на сам конкурс – https://forum.freeton.org/t/free-ton-proof-of-love-campaign-new-version/8346 и адрес своего кошелька Ton Surf;
● Каждый участник должен опубликовать свою работу в комментарии на форуме – https://forum.freeton.org/t/free-ton-proof-of-love-campaign-new-version/8346, добавив туда ссылку на свой пост в Twitter и Telegram @niсkname;  
● Максимум 3 работы от одного участника. Каждая работа должна быть в отдельной заявке;
● Всем участникам необходимо будет заполнить форму Google – https://forms.gle/wYjR84NY7jMDqg5x7
● Всем участникам необходимо подписаться на официальный Twitter Free TON – https://twitter.com/CommunityTon
● Каждый участник должен отправить свою работу в формате PDF (подробная инструкция как это сделать находится в комментариях к этому посту), нажав на "Add submission" в этом разделе – https://influencers.gov.freeton.org/?section=contests (не перепутайте конкурсы), заполнить там пункты "Free TON wallet adress" (TON Surf) и Submission link ( ссылка на ваш пост с работой в пропозале конкурса на форуме Free TON)

 В течение 10 дней после окончания конкурса судьи нашего Жюри рассмотрят все заявки и объявят победителей.

Все вопросы об этой компании можно задавать в https://t.me/freeton_influencers
 
 
 
Критерии оценки и условия выигрыша:

● Основными критериями оценки будут оригинальность и сложность реализации;
● Фото / видео / звук должны быть качественными;
● Творчество - всегда приветствуются уникальные идеи;
● Охват аудитории - количество лайков, репостов, просмотров (не так важно)



 
Награды:

1 место – 3000 TON Crystal
2 место – 1500 TON Crystal
3 место – 750 TON Crystal
4 место – 450 TON Crystal
5 место – 350 TON Crystal
6 место – 300 TON Crystal
7 место – 250 TON Crystal
8 место – 200 TON Crystal
9 место – 150 TON Crystal
10 место –100 TON Crystal
11-20 место – 50 TON Crystal

1 TON = $0,6 на момент написания поста
https://www.coingecko.com/en/coins/ton-crystal
 
 
Участвовать может любой желающий, но Free TON не может распространять TON Crystal среди граждан США или юридических лиц США.


Желаем всем вдохновения и будем с нетерпением ждать ваших работ)
 

 
 Оригинал Конкурса Free TON Proof of Love campaign на форуме Free TON:
https://forum.freeton.org/t/free-ton-proof-of-love-campaign-new-version/8346

[TBTC — ПЕРЕВОД BTC В СЕТЬ ETH]

Основное соперничество развернулось между крупнейшими сетями BTC и Ethereum. Создатель Ethereum Виталик Бутерин изначально был ярым поклонником биткоина, но его смущала ограниченность этой сети, что и послужило причиной создания Эфира как системы, позволяющей запустить любую программу в глобальной децентрализованной экосистеме. Проект под названием tBTC стремится заключить перемирие между ними и предоставить владельцам биткойна доступ к приложениям, работающим на Ethereum. Основная идея состоит в том, чтобы позволить пользователям биткойна легко и просто превращать свои монеты в tBTC, токен, который может работать в блокчейне Ethereum. Идея tBTC гениальна, потому что в конце концов он объединяет две основные концепции вообще всей блокчейн индустрии.
  

TBTC — ПЕРЕВОД BTC В СЕТЬ ETH

tBTC позволяет прозрачно, безопасно и децентрализовано использовать Bitcoin в блокчейне Ethereum, что повышает его производительность и даёт возможность участвовать в популярных ныне инновационных проектах DeFi-сектора. Для того чтобы конвертировать BTC в токен cтандарта erc-20 tBTC, пользователям нужно всего лишь отправить свои BTC на сгенерированный группой подписантов адрес для безопасного хранения и получить tBTC в соотношении 1 к 1. Обратная операция является такой же простой.
 
 Запуск tBTC поддерживается 75 % DeFi Рынка, крупнейшие DeFI платформы, такие как Uniswap, OasisDEX, Balancer, 1inch, Compound, Maker уже заинтересовались tBTC и работают над его внедрением в свои экосистемы, токен уже торгуется на многих топовых биржах, таких как Kraken, Coinbase, Hotbit.
 
 
Разработчики KEEP NETWORK И TBTC

Уровень конфиденциальности Keep Network создается компанией Thesis, в команду которой входят Matt Luongo и Corbin Pon. Финансируют Keep Network такие всемирно изветные фонды как Andreesen Horowitz, Polychain Capital, and Tim Draper. Соучастником tBTC проекта от Keep является Summa, основатель которой James Prestwich.


 Виталик только за и поддерживает идею объединения блокчейнов в единую экосистему - https://twitter.com/VitalikButerin/status/1242553658195271681?s=20
 
 
 tBTC решает одну из наиболее важных и существенных проблем в сфере DeFi, предоставив возможность держателям BTC использовать его в сети Ethereum и влиться в этот развивающийся рынок. Объединение Биткойн и Эфириума даёт мощный рывок в развитии всей индустрии. Приложение Keep и Summa tBTC — это мост между двумя сетями, tBTC будет служить мостом между Bitcoin и протоколами, построенными на других блокчейнах, таких как ETH и EOS. Привлечение огромных объемов капитала BTC может привести к массовому использованию DeFi, тем более большинство владельцев Биткоина поддержали идею и только рады возможности конвертации своих монет в другие сети. Криптовалютное пространство могло бы настолько взорваться из-за вливания таких капиталов, что даже рост 2017 года покажется небольшой рябью на графике!
 
 
Keep Network, tBTC - Биткоин на Эфириуме
 
My Discord: Rustam#4473

Для модераторов: репост моей статьи со стимита, медиума, криптоталка, реддита.