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#22-11-2024

こんにちは saeedrp.eth,

Hey crypto adventurers! 🌟 We know you've been absolutely crushing it on-chain lately - whether you're yield farming, NFT hunting, or diving deep into the latest DeFi protocols. But even the most dedicated degens need to step back from the charts and remember to touch some grass 🌱 Take a moment to recharge those batteries before we dive into this week's web3 madness!

This is the digest of saeedrp.eth

This is the digest of saeedrp.eth
This is the digest of saeedrp.eth
DAO LogoOptimism

How Rollups Really Work: Timmy's Ethereum Adventure

A beginner-friendly exploration of Ethereum rollups through the story of Timmy, explaining:

  • How rollups bundle transactions to reduce costs
  • Why they're considered crucial for Ethereum scaling
  • The difference between optimistic and zero-knowledge rollups

The guide builds on recent discussions about rollups becoming as fundamental as smart contracts in the Web3 ecosystem.​ It explains technical concepts through simple analogies and real-world examples.​

Key takeaway: Rollups are making Ethereum more accessible and cost-effective while maintaining security.​

DAO LogoLiquity

Liquity V2 Expanding to 15+ EVM Chains

Liquity protocol is making a significant expansion move with its V2 deployment across more than 15 EVM-compatible chains.​ This development aligns with the growing multi-chain narrative in crypto, addressing key challenges:

  • Fragmented liquidity across different chains
  • Siloed user bases
  • Disconnected user experiences

The expansion leverages ZKsync technology to create an Elastic Chain ecosystem that will:

  • Enable shared liquidity across the network
  • Allow cross-chain smart contract interactions
  • Provide unified user experience with single wallet confirmation
  • Maintain low transaction costs and fast processing

This marks a strategic step toward a more interconnected blockchain ecosystem.​

DAO LogoSendingMe

SendingMe Launches Decentralized Identity (DID) Features

News article

SendingMe has introduced Decentralized Identifiers (DID) functionality, putting users in control of their digital identity.​ The new features include:

  • Full user control over digital identity management
  • Enhanced privacy protections
  • Robust security measures
  • Cross-platform interoperability
  • Reduced user tracking

This development aligns with Web3 principles of decentralization and user autonomy, eliminating the need for traditional identity intermediaries.​

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