Today, we launched Alliance Research Corner, a series of focused technical discussions on crypto technical topics.
Our goal is simple. We want to help the best founders find their next startup idea.
The videos are short and focuses on one topic and the related startup ideas.
Give it a listen and let us know what we should discuss next
My new article discusses the different approaches to scaling app Rollups including
- Horizontal scaling, i.e., launching multiple Rollups serving the same app
- ZK state channels: launching a dedicated state channel for each game on the roll-up that settles back to the L2S
- Changing the Rollup execution: builders are using WASM, SVM, Move, and even Linux as an execution env for their app Rollups
I would love to speak with developers building these applications
medium.com/alliancedao/how-to-scale-app-rollups-ad2313576efa
We just wrapped a 🔥 Alliance demo day
Eight companies have graduated today from the Alliance ALL11 cohort.
These founders are part of Alliance Dao and part of a unique community of top founders in the space.
All future builders can become part of this community. ALL12 applications are open until November 29. Apply now at Alliance.xyz
The new Good Game podcast just dropped with the one and only @stani.lens
Imran and Qiao discuss with Stani the Lens V2 vision and how decentralized social will work in the future
YouTube: youtu.be/xorv83lN8K8
Spotify: spoti.fi/3t1A0vt
Apple: apple.co/48ix0Lk
A year after the Merge, the amount of staked ETH has doubled, and the supply of liquid staked tokens (LST) has more than doubled. The effects of both trends on the Ethereum network will be a major topic of discussion in the next few months.
On one hand, the trust in Ethereum’s security is high and the staked ETH amount is constantly on the rise. One the other hand, higher amount of staked ETH means higher # of validator nodes straining the network and can affect its reliability!
Further, LSTs offer staking rewards without the burden of locking liquidity. Hence, they reduce the network’s security budget. Other PoS protocols, e.g., Cosmos, began to limit LST supply to a reasonable percentage of the staked tokens. Ethereum can also adopt similar measures. However, with the current pace of staking, the Ethereum community can run into a crisis before such a solution is implemented.
For this reason, Ethereum researchers are proposing reducing the are new stakes can join he network, e.g., validator churn rate. This can be an effective solution to solve the issue of the # of validator nodes. The LST cap problem will be harder to fix and will require a larger social consensus.
How do Lens folks feel about Friend.tech it seems as an experiment of hyper financialization of decentralized social. Any thoughts?
On-chain privacy will become a central theme in the applications/products that initiate the next bull run. The core of this theme is enabling multi-asset privacy. Zcash and Monero failed because only a single asset is private. Users want stablecoins and blue-chip assets and privacy should target this needs.
Manta and Namada are two projects that aim to bring privacy to existing chains by creating chains with specialized zk circuits that can accept any asset (fungible and non fungible) and create shielded assets that can be transacted privately. There are differences in the implementation between both but the architecture is similar.
Manta launched a Polkadot parachain (Manta Atlantic) and is launching an Ethereum OP rollup (Manta pacific) to allow devs to use essential zk primitives (called Universal Circuits) to develop privacy-centered apps and reduce their time to market.
Similarly, Namada is launching a Cosmos comaptible chain with a single multi-as @ set shielded pool to provide privacy to both Cosmos and Ethereum assets. There are multiple issues to consider though such as bridging risk and the privacy of posting data to an external DA such as Celestia.
Other than ZK tech, fully homomorphic encryption (FHE) seems to be approaching. The Zama.ai team is developing an FHE-compatible EVM (feEVM) that can enable computing over encrypted data. The technology is still early with limited functions and limited variable precision (INT32) but can enable unprecdended use cases.
My friend Will Robinson (our gaming expert in Alliance) has just released an article detailing a technical architecture that can bring games such as World of Warcraft on-chain!
The secret is to intelligently use ZKPs to take parts of the game play offchain. When a player or a group of players enter a dungeon in WoW, they can so the game play offchain (in a provable state channel) and then prove their honest gameplay on the shared game state. Many players can do the same concurrently bringing 1000x scalability improvement to on-chain games.
Also great probs to the teams building this tech including the Dojo team!
Unblocking On-Chain Games Pt. 5: Bat-Channels](https://medium.com/alliancedao/unblocking-on-chain-games-pt-5-bat-channels-f24a3845e465))
This is Part Five of a series exploring constraints at the intersection of blockchains and games. The objects of inquiry are “autonomous…
We have been planning this episode for a while. ZK is one of my favorite topics and in this episode we went really deep to discuss
- the fast progress of ZK tech (a hint: more than 30x annually)
- how cryptocurrencies were a major factor in developing the ZK tech that will affect many use cases in Web 2 and Web3
- How ZK accelerators can give you up to 100x boost and why this may still not be enough
What the episode here
Youtube: youtu.be/-vI-bSR0kY8
Spotify: spoti.fi/3NYq5yz
What are Zero-Knowledge Proofs and Why It’s Important?](https://www.youtube.com/watch?v=-vI-bSR0kY8))
Imran, Qiao, and Mohammed invited David again to delve into the world of Zero-knowledge proofs. Join us as we demystify and uncover why they have become incr...
The new Good Game episode just dropped. I had a 🔥 discussion with Qiao, Imran and David on intents, what they are and the hype around them.
We also discussed the details of Anoma and whether it can work with Ethereum or not
Is Intent-Based Architecture a Major Breakthrough Like Bitcoin & Ethereum?](https://www.youtube.com/watch?v=7g5GNq_jXR8))
What are Intents? Is it going to be a major breakthrough or it's just another buzzword? Imran, Qiao, and Mohamed invite David Ma to answer these questions an...
