Predictions and Preparations for Ethereum Upgrade 4844
Predictions and Preparations for Ethereum Upgrade 4844
A prediction about Ethereum 4844 suggests Blob will be cheaper than calldata on mainnet. Users urged to be cautious with L2 upgrades, conduct audits and have backup plans. Scroll has prepared for the upgrade to reduce fees, maintain security. Concern raised about projects launching without audits, testnets or proper security measures in the current bullish market.
My slightly controversial prediction about 4844: 1) Blob will be 3-5x cheaper than calldata (the number comes from Goerli testnet), Polymarket doesn鈥檛 have big enough counter party. Hopefully, there won鈥檛 be blob-inscription to further compete with Rollups 馃槀 2) It鈥檚 super
Polymarket is predicting that blobs (~125 kB) will cost ~0.001 ETH. Today, 125 kB calldata costs ~30 gwei per gas * 16 gas per byte * 125000 gas ~= 0.06 ETH And if you think polymarket's guess that blobs will be 60x cheaper is over-optimistic, you can use the market to hedge!
Stablecoins Set to Revolutionize Traditional Banking
Sam Kazemian from Frax Finance discusses a pivotal shift in the financial landscape where payment stablecoins are becoming indistinguishable from traditional USD deposits. Key points: - The US GENIUS Act legislation marks a historic regulatory milestone comparable to 1800s banking reforms - Focus on low latency payments and yield streaming capabilities - Discussion of different approaches by major players (Tether, Circle, Frax) - Potential for stablecoins to modernize traditional banking infrastructure This comes as FD Labs emphasizes stablecoin adoption in emerging markets, projecting a $3 trillion market within five years. The convergence of traditional and digital finance could reshape how we think about money.
Ceno zkVM Presentation by Shenhai Chen
Shenhai Chen (@shenhaichen) is presenting details about Ceno zkVM, a new development in zero-knowledge virtual machine technology. The presentation is part of a series featuring both Chen and Zhenfei Zhang discussing zkVM and zkML implementations. - Live presentation available now - Focus on Ceno zkVM architecture and capabilities - Part of broader discussion on zero-knowledge proofs in virtual machines and machine learning Join the livestream to learn about the latest developments in zkVM technology.
Tempest Finance Launches AI-Powered Vaults on Ambient Finance
Tempest Finance has launched AI-powered vaults on Ambient Finance, offering users simplified liquidity management through one-click optimization. The vaults are now natively deployed on the Scroll network. Key features: - Single-click liquidity management - AI-powered optimization - Native integration with Ambient's web frontend - Full deployment on Scroll network The integration streamlines DeFi operations for users seeking efficient portfolio management without complex manual adjustments.
Devcon ZK Connect Panel Highlights and Upcoming Events
At Devcon's ZK Connect panel, @yezhang1998 presented on ZK technology beyond rollups, covering: - Public verification of large computations - Developer experience improvements - TEE and ZK comparisons - zkEVM vs zkVM distinctions - Future applications in AI, email, and social login Upcoming events include: - WOW Summit: ZK in AI era with @yezhang1998 - Multichain Day featuring @_emjlin - Evening Fireside Chat with @chainlink and @razacodes Panel participants included representatives from MetaMask, Lita, nil, and Automata.
Scroll Aims for 1-Minute Finality by End of 2024
Scroll, a zk-Rollup solution, currently boasts the fastest finality among its peers. The team is now setting an ambitious goal to achieve 1-minute-finality by the end of 2024, further enhancing its performance. - Scroll currently leads in finality speed for zk-Rollups - Team targets 1-minute-finality by end of 2024 - @sandyzkp shared insights in a @nasdaq @TradeTalks interview For more details, watch the full interview with @JillMalandrino on @Nasdaq's @TradeTalks: https://x.com/i/broadcasts/1kvJpbVDaLZKE