4 hours ago
What's the Deal with MegaETH? 🤔
The upcoming Vitalik-backed L2 wants to be the 'real-time Ethereum'
What's its plan? Find out 👇
MegaETH, an upcoming L2 branded as the “real-time Ethereum” boasting sub-millisecond latency and capable of processing over 100k transactions per seco nd (TPS), just announced that it has received $20M in seed funding at a $100M + valuation!
The big names involved have attracted some major attention to the upstart chain.
Today, we’re discussing how MegaETH is innovating on contemporary Ethereum Virtual Machine (EVM) blockchain implementations to provide industry-leading performance capabilities and decentralization guarantees.
⭐️ What Makes MegaETH Special
High-performance alt L1s require their nodes to perform identical tasks without specialization, imposing a fundamental tradeoff between performance and decentralization. In comparison, MegaETH takes advantage of Ethereum’s L2s technology to create differentiated roles for nodes with varying hardware requirements.
MegaETH decouples the task of transaction processing from full nodes and creates three major roles for infrastructure operators: sequencers, provers, and full nodes. Although actual block production becomes increasingly centralized with MegaETH, flexible hardware requirements from node specialization ensures trustless block validation and could provide industry-leading decentralization guarantees.
A single active MegaETH sequencer will be responsible for ordering and executing user transactions, eliminating the consensus process during normal operations, and will pass state differences (i.e.; changes to the blockchain’s state) to full nodes via a peer-to-peer network, who then apply the state diffs to update their local state. Notably, MegaETH transactions are not re-executed by full nodes to verify block integrity; they instead validate blocks indirectly using proofs provided by the prover.
While blockchains have frequently turned to one-off solutions like parallelization in their pursuit of scale, enabling transactions touching different parts of state to be processed simultaneously on multiple CPU cores, the benefits of this specific approach are limited by the fact that many transactions contain dependencies, resulting in only modest boosts from parallelization for blockchain speed.
Such ambitions necessitate scaling node hardware to its limits while preserving decentralization (achieved through specialization) and require the creation of a system innately designed to approach the theoretical upper performance limit for a decentralized blockchain.
To this end, the MegaETH sequencer will store the entirety of its state in-memory and be the first blockchain to implement in-memory compute, a critical feature for high-performance Web2 applications that should enable MegaETH to accelerate state access by 1,000x compared to alternative solid state drive storage methods utilized by competitors.
🧐 Closing Thoughts
The significant performance improvements targeted by MegaETH over contemporary EVM implementations should provide a major boost to L2 performance and could finally produce a decentralized blockchain capable of handling real-world adoption!
Although some contend that MegaETH is best suited as a competitor against an Ethereum ecosystem largely uninterested in scaling its base layer, the optimizations achieved by MegaETH are made possible solely through its ability to outsource security and censorship resistance to existing decentralized networks, like Ethereum and EigenLayer.
Written by JackInabinet
The upcoming Vitalik-backed L2 wants to be the 'real-time Ethereum'
What's its plan? Find out 👇
MegaETH, an upcoming L2 branded as the “real-time Ethereum” boasting sub-millisecond latency and capable of processing over 100k transactions per seco nd (TPS), just announced that it has received $20M in seed funding at a $100M + valuation!
The big names involved have attracted some major attention to the upstart chain.
Today, we’re discussing how MegaETH is innovating on contemporary Ethereum Virtual Machine (EVM) blockchain implementations to provide industry-leading performance capabilities and decentralization guarantees.
⭐️ What Makes MegaETH Special
High-performance alt L1s require their nodes to perform identical tasks without specialization, imposing a fundamental tradeoff between performance and decentralization. In comparison, MegaETH takes advantage of Ethereum’s L2s technology to create differentiated roles for nodes with varying hardware requirements.
MegaETH decouples the task of transaction processing from full nodes and creates three major roles for infrastructure operators: sequencers, provers, and full nodes. Although actual block production becomes increasingly centralized with MegaETH, flexible hardware requirements from node specialization ensures trustless block validation and could provide industry-leading decentralization guarantees.
A single active MegaETH sequencer will be responsible for ordering and executing user transactions, eliminating the consensus process during normal operations, and will pass state differences (i.e.; changes to the blockchain’s state) to full nodes via a peer-to-peer network, who then apply the state diffs to update their local state. Notably, MegaETH transactions are not re-executed by full nodes to verify block integrity; they instead validate blocks indirectly using proofs provided by the prover.
While blockchains have frequently turned to one-off solutions like parallelization in their pursuit of scale, enabling transactions touching different parts of state to be processed simultaneously on multiple CPU cores, the benefits of this specific approach are limited by the fact that many transactions contain dependencies, resulting in only modest boosts from parallelization for blockchain speed.
Such ambitions necessitate scaling node hardware to its limits while preserving decentralization (achieved through specialization) and require the creation of a system innately designed to approach the theoretical upper performance limit for a decentralized blockchain.
To this end, the MegaETH sequencer will store the entirety of its state in-memory and be the first blockchain to implement in-memory compute, a critical feature for high-performance Web2 applications that should enable MegaETH to accelerate state access by 1,000x compared to alternative solid state drive storage methods utilized by competitors.
🧐 Closing Thoughts
The significant performance improvements targeted by MegaETH over contemporary EVM implementations should provide a major boost to L2 performance and could finally produce a decentralized blockchain capable of handling real-world adoption!
Although some contend that MegaETH is best suited as a competitor against an Ethereum ecosystem largely uninterested in scaling its base layer, the optimizations achieved by MegaETH are made possible solely through its ability to outsource security and censorship resistance to existing decentralized networks, like Ethereum and EigenLayer.
Written by JackInabinet
6 hours ago
Automated scalping strategy update #2
The bleeding market of today is the perfect occasion to stress test the strategy
➳Security: As it is fully automated, we have to use any type of telegram scanner bot; by checking the bot's reply we can ensure the token doesn't have any red flags. If anything red pops up, dont bother with this token.
➳ Momentum: make sure the token has been up by a significant % in the last timeframe (1h and 5min).
➳Volume: volume in the last 5min is rather important, you don't want to be left in a trade for a few hour to be dumped later.
➳Always adjust parameters to follow the market condition; you can lower the Take Profits if it's a low volume day.
Again, the insights gained by this fully red day are going to be extremely valuable.
The bleeding market of today is the perfect occasion to stress test the strategy
➳Security: As it is fully automated, we have to use any type of telegram scanner bot; by checking the bot's reply we can ensure the token doesn't have any red flags. If anything red pops up, dont bother with this token.
➳ Momentum: make sure the token has been up by a significant % in the last timeframe (1h and 5min).
➳Volume: volume in the last 5min is rather important, you don't want to be left in a trade for a few hour to be dumped later.
➳Always adjust parameters to follow the market condition; you can lower the Take Profits if it's a low volume day.
Again, the insights gained by this fully red day are going to be extremely valuable.
1 day ago
The daily income of pumpdotfun has just exceeded that of #Ethereum 🚀
How to explain it and what trends are emerging?
Imagine an app that combines pump fun, dexcreener and Twitter - it's got to be brilliant!
Silly me, it already exists 🥴
How to explain it and what trends are emerging?
Imagine an app that combines pump fun, dexcreener and Twitter - it's got to be brilliant!
Silly me, it already exists 🥴
10 hours ago
Reposting ecerything might get u the top prize, but the quality of the content u post gonna make u BullVerse influencer 🗿
23 hours ago
Solflare wallet has introduced a "Swap & Win" contest which offeris daily prizes and a grand reward for completing daily swaps in the wallet from July 3 to July 17 2024.
Grand Prize: 15K USDC
Grand Prize: 15K USDC
23 hours ago
ORIGIN TRAIL
OriginTrail is an ecosystem that was originally designed with the aim of bringing blockchain technology into supply chain logistics and optimizing the management of data related to real assets in the digital space.
Launched in 2017 by 3 co-founders, OriginTrail offers a reliable platform for product sharing, authentication and tracking. Since then, the platform has evolved well and now integrates AI into its process. The idea is to create an ecosystem where autonomous AI agents make it possible to optimize data analysis to identify and solve logistical problems.
How does OriginTrail work?
At the heart of OriginTrail is the Decentralized Knowledge Graph (DKG), a vast interconnected network that allows unprecedented traceability, from the origin of a product to its final destination.
Unlike other blockchain solutions such as VeChain, OriginTrail's DKG offers unique multi-chain interoperability, allowing the smooth integration of data from different blockchains and even traditional systems.
When a manufacturer adds information about a product, it is distributed and stored securely on several nodes in the network, ensuring their integrity and availability.
The integration of artificial intelligence by OriginTrail also plays a crucial role in the analysis of this data. AI can quickly identify trends, detect anomalies and even predict potential problems in the supply chain.
OriginTrail also develops specialized "AI agents", designed to interact autonomously with the DKG, performing complex tasks such as regulatory compliance verification or logistics optimization.
Finally, the other key aspect of the system is confidentiality and data control. Companies using OriginTrail have precise control over their information, deciding which data to share publicly and which to keep private.
OriginTrail is an ecosystem that was originally designed with the aim of bringing blockchain technology into supply chain logistics and optimizing the management of data related to real assets in the digital space.
Launched in 2017 by 3 co-founders, OriginTrail offers a reliable platform for product sharing, authentication and tracking. Since then, the platform has evolved well and now integrates AI into its process. The idea is to create an ecosystem where autonomous AI agents make it possible to optimize data analysis to identify and solve logistical problems.
How does OriginTrail work?
At the heart of OriginTrail is the Decentralized Knowledge Graph (DKG), a vast interconnected network that allows unprecedented traceability, from the origin of a product to its final destination.
Unlike other blockchain solutions such as VeChain, OriginTrail's DKG offers unique multi-chain interoperability, allowing the smooth integration of data from different blockchains and even traditional systems.
When a manufacturer adds information about a product, it is distributed and stored securely on several nodes in the network, ensuring their integrity and availability.
The integration of artificial intelligence by OriginTrail also plays a crucial role in the analysis of this data. AI can quickly identify trends, detect anomalies and even predict potential problems in the supply chain.
OriginTrail also develops specialized "AI agents", designed to interact autonomously with the DKG, performing complex tasks such as regulatory compliance verification or logistics optimization.
Finally, the other key aspect of the system is confidentiality and data control. Companies using OriginTrail have precise control over their information, deciding which data to share publicly and which to keep private.
2 days ago
🎙️ Jérôme Powell, President of the FED, declared:
“The #inflation is showing signs of resuming its disinflationary trend.”
“We are returning to a disinflationary trajectory.”
“We’ve made a lot of progress.”
We need you Powell
“The #inflation is showing signs of resuming its disinflationary trend.”
“We are returning to a disinflationary trajectory.”
“We’ve made a lot of progress.”
We need you Powell
2 days ago
You are the only person who can make this work
and you are the only person who can fuck this up.
and you are the only person who can fuck this up.
2 days ago
In response The Real World to his Publication
The Real World - Official Portal by Andrew Tate
Making money is a skill - we will teach you how to master it.
https://www.jointherealworld.com/?a=6kmrrrqhdq
2 days ago
My indicator for this bullrun will be my aunt, to whom I've briefly explained crypto. When she asks me how to invest because she heard about it on the news, I'll start selling 😂
2 days ago
In response Astro peng to his Publication
Yeah, exactly. Or when coinbase hit number one on app store📉
2 days ago
The Legacy of Zuzalu: One Year Later 🌇
Can the ephemeral city experiment inspired by Vitalik live on?
One year ago this week, our very own
TrustlessState shared details about his experience living with some of crypto’s brightest minds in the ephemeral city called Zuzalu.
You can read David's full breakdown of his experience below:
👉 http://bankless.cc/David_Z...
This popup city housed over 200 people from diverse regions and fields for two months. David conducted a number of interviews with fellow attendees during this time on topics spanning zero-knowledge proofs, longevity and biotech, network states, and public goods. You can check out those conversations below.
👉 http://bankless.cc/ZuzaluC...
Inspired and initiated by VitalikButerin, Zuzalu blended structure and spontaneity to construct a successful experiment, but almost immediately after the ephemeral city dispersed, attendees wondered how they could keep the fire of Zuzalu alive and continue to offer places for the ethos of Ethereum to connect with disparate emerging technologies.
Let’s take a look at what they’ve been up to since 👇
🏡 The Rise of Zu-Villages
The success of Zuzalu sparked interest in continuing the concept of crypto pop-up cities called Zu-villages.
Earlier this year, a gitcoin grants program offered 250 ETH in funding for creating Zu-villages and Zu-related technology. The round ran from Jan. 15 to Feb. 15, providing funding for 32 events like JoinEdgeCity, Esmerelda and ZuBerlinCity, which are currently running or have just finished, and 28 tools like ZupassProject and MuseMatrix_, a DeSci research institute.
Many of these tie into Zuzalu City, a community hub for Zu-villages and related software, including a calendar of pop-up cities like the few we've highlighted below:
Edge Esmeralda
The ongoing Edge Esmeralda is a month-long popup village focused on incubating novel technologies and new ways of living, aiming to build a foundation for a permanent new town, Esmeralda, around Healdsburg, CA. With $217K in funding from the Zuzalu grants round, Esmeralda put together a series of events centered around human organization, robotics, artificial intelligence, real-world crypto applications, and health and longevity.
The rise of Zu-villages illustrates the enduring impact of Zuzalu, with these pop-up cities continuing to foster collaboration, technological advancement, and a decentralized way of living across the globe.
These pop-up villages demonstrate a model where individuals can co-live, co-work, and co-create, blurring the lines between professional collaboration and communal living to create atmospheres aligned with personal sovereignty and collective problem-solving. The transient nature of these communities allows for flexibility and adaptability, where new ideas can be tested and refined in real time.
It highlights a future where governance is more fluid, technology enhances participants' health, and community building is a continuous, evolving process.
By providing spaces for like-minded individuals to come together, Zuzalu and its successors create fertile ground for social experimentation and technological innovation. They embody the spirit of decentralized, autonomous living, further reflecting the broader societal trends towards alternative lifestyles in the digital age. Overall, the legacy of Zuzalu lies in its ability to inspire and enact a vision of a forward-thinking world, where dynamic, transient communities can thrive and innovate, and tech and health exist in harmony.
Written by davewardonline
Can the ephemeral city experiment inspired by Vitalik live on?
One year ago this week, our very own
TrustlessState shared details about his experience living with some of crypto’s brightest minds in the ephemeral city called Zuzalu.
You can read David's full breakdown of his experience below:
👉 http://bankless.cc/David_Z...
This popup city housed over 200 people from diverse regions and fields for two months. David conducted a number of interviews with fellow attendees during this time on topics spanning zero-knowledge proofs, longevity and biotech, network states, and public goods. You can check out those conversations below.
👉 http://bankless.cc/ZuzaluC...
Inspired and initiated by VitalikButerin, Zuzalu blended structure and spontaneity to construct a successful experiment, but almost immediately after the ephemeral city dispersed, attendees wondered how they could keep the fire of Zuzalu alive and continue to offer places for the ethos of Ethereum to connect with disparate emerging technologies.
Let’s take a look at what they’ve been up to since 👇
🏡 The Rise of Zu-Villages
The success of Zuzalu sparked interest in continuing the concept of crypto pop-up cities called Zu-villages.
Earlier this year, a gitcoin grants program offered 250 ETH in funding for creating Zu-villages and Zu-related technology. The round ran from Jan. 15 to Feb. 15, providing funding for 32 events like JoinEdgeCity, Esmerelda and ZuBerlinCity, which are currently running or have just finished, and 28 tools like ZupassProject and MuseMatrix_, a DeSci research institute.
Many of these tie into Zuzalu City, a community hub for Zu-villages and related software, including a calendar of pop-up cities like the few we've highlighted below:
Edge Esmeralda
The ongoing Edge Esmeralda is a month-long popup village focused on incubating novel technologies and new ways of living, aiming to build a foundation for a permanent new town, Esmeralda, around Healdsburg, CA. With $217K in funding from the Zuzalu grants round, Esmeralda put together a series of events centered around human organization, robotics, artificial intelligence, real-world crypto applications, and health and longevity.
The rise of Zu-villages illustrates the enduring impact of Zuzalu, with these pop-up cities continuing to foster collaboration, technological advancement, and a decentralized way of living across the globe.
These pop-up villages demonstrate a model where individuals can co-live, co-work, and co-create, blurring the lines between professional collaboration and communal living to create atmospheres aligned with personal sovereignty and collective problem-solving. The transient nature of these communities allows for flexibility and adaptability, where new ideas can be tested and refined in real time.
It highlights a future where governance is more fluid, technology enhances participants' health, and community building is a continuous, evolving process.
By providing spaces for like-minded individuals to come together, Zuzalu and its successors create fertile ground for social experimentation and technological innovation. They embody the spirit of decentralized, autonomous living, further reflecting the broader societal trends towards alternative lifestyles in the digital age. Overall, the legacy of Zuzalu lies in its ability to inspire and enact a vision of a forward-thinking world, where dynamic, transient communities can thrive and innovate, and tech and health exist in harmony.
Written by davewardonline
2 days ago
Daily Memecoin Recap - July 2
Did you cook today?
Mao Takeover
$mao -> hit $7 .8m, absolutely insane community token, CTO'd multiple times, "cat" in Chinese
$gou -> hit $600k , "dog" in Chinese, beta play to $mao
Sydney Sweeney Hacked
$sweeney -> hit $3 .75m,
- Multiple tweets were posted on her account with a contract address
- The tweets were then deleted
- It has since been CTO'd (idk how you CTO a celebrity token lol)
Sean Kingston Launch
$king -> hit $10m ,
Khamzat Chimaev
$smash -> hit $8 .7m,
- Not confirmed to be his token
- He posted a vid asking what tokens he should buy (teasing at a launch)
Billy ATH
$billy -> $54m to $128m (2.37x from recent low), community continues to grow
$aro -> hit $1 .25m, $billy 's mom
$bif -> hit $480k , $billy + $wif
Cat Memes
$itty -> $190k to $1 .4m (7.36x), CTO
$manifest -> hit $850k , CTO
$silky -> hit $650k , $michi derivative
$kyun -> hit $540k , based on $wif 's owner's cat
$pumpcat -> hit $480k
$nubby -> hit $475k , $nub derivative
Dog Memes
$dilly -> $280k to $4 .5m (16x)
$winston -> hit $1 .27m
$boon -> hit $600k
Other Plays
$kama -> $3m to $11m (3.67x), based on KamalaHarris
$donkee -> $975k to $3 .67m (3.76x)
$landlord -> hit $1 .4m, launched on moonshot, good team
What do you think the next meta will be?
Did you cook today?
Mao Takeover
$mao -> hit $7 .8m, absolutely insane community token, CTO'd multiple times, "cat" in Chinese
$gou -> hit $600k , "dog" in Chinese, beta play to $mao
Sydney Sweeney Hacked
$sweeney -> hit $3 .75m,
- Multiple tweets were posted on her account with a contract address
- The tweets were then deleted
- It has since been CTO'd (idk how you CTO a celebrity token lol)
Sean Kingston Launch
$king -> hit $10m ,
Khamzat Chimaev
$smash -> hit $8 .7m,
- Not confirmed to be his token
- He posted a vid asking what tokens he should buy (teasing at a launch)
Billy ATH
$billy -> $54m to $128m (2.37x from recent low), community continues to grow
$aro -> hit $1 .25m, $billy 's mom
$bif -> hit $480k , $billy + $wif
Cat Memes
$itty -> $190k to $1 .4m (7.36x), CTO
$manifest -> hit $850k , CTO
$silky -> hit $650k , $michi derivative
$kyun -> hit $540k , based on $wif 's owner's cat
$pumpcat -> hit $480k
$nubby -> hit $475k , $nub derivative
Dog Memes
$dilly -> $280k to $4 .5m (16x)
$winston -> hit $1 .27m
$boon -> hit $600k
Other Plays
$kama -> $3m to $11m (3.67x), based on KamalaHarris
$donkee -> $975k to $3 .67m (3.76x)
$landlord -> hit $1 .4m, launched on moonshot, good team
What do you think the next meta will be?
Tristan Tate pinned this post
1 day ago
🐧🚀 Pengy goes wild on TikTok & Instagram!
PengyOS invites all meme & web3 enthusiasts to the future—the new meta.🌐💻
Back on track, setting sights on the moon & beyond.🌕🚀
Join us & make some waves together! 🌊✨
TikTok: @ Pengy_meme_sol
IG: @ PengyOS_meme
PengyOS invites all meme & web3 enthusiasts to the future—the new meta.🌐💻
Back on track, setting sights on the moon & beyond.🌕🚀
Join us & make some waves together! 🌊✨
TikTok: @ Pengy_meme_sol
IG: @ PengyOS_meme
2 days ago
Why working on automating your trading strategy?
Because as Warren Buffet once said, if you don't find a way to make money while you sleep you will work until you die.
Because as Warren Buffet once said, if you don't find a way to make money while you sleep you will work until you die.
3 days ago
How to become a better trader
- Look for good entries (avoid top blasting if possible)
- If you feel FOMO, don't enter the trade
- Ask yourself how you're feeling. If you feel nervous/stressed/anxious right after entering a trade, exit
- Once you enter, open the chart & set price targets (3x, 5x, 10x, etc.)
- Set limit orders to sell at these price targets. It's much harder to take profits when you don't have a plan
- Try to sell during peak euphoria. If everyone is in, there's no one left to buy
- Never overexpose yourself to a single coin
- Example: if you have a 10 sol port, play with 0.5-1sol per trade
Always put risk management first. You're not gambling, you're trading
Take Calculated Risks
- Look for good entries (avoid top blasting if possible)
- If you feel FOMO, don't enter the trade
- Ask yourself how you're feeling. If you feel nervous/stressed/anxious right after entering a trade, exit
- Once you enter, open the chart & set price targets (3x, 5x, 10x, etc.)
- Set limit orders to sell at these price targets. It's much harder to take profits when you don't have a plan
- Try to sell during peak euphoria. If everyone is in, there's no one left to buy
- Never overexpose yourself to a single coin
- Example: if you have a 10 sol port, play with 0.5-1sol per trade
Always put risk management first. You're not gambling, you're trading
Take Calculated Risks
3 days ago
Automated scalping strategy update #1
➳ Telegram bots (ex: Trojan, Maestro...) have lags when it comes to doing multiple trades a day, sometimes never selling, leaving you without the expected profits. Will upgrade to a reliable custom script.
➳ Because of token volatility, an important stop loss (50% - 60%) can work, as long as you buy the right tokens; not the ones being rugged upon launch.
➳ Currently aiming for fewer trades, but with a higher % of winning ones. Around 20 trades a day.
➳ Criterias to find which tokens to buy will follow in another update...
➳ Telegram bots (ex: Trojan, Maestro...) have lags when it comes to doing multiple trades a day, sometimes never selling, leaving you without the expected profits. Will upgrade to a reliable custom script.
➳ Because of token volatility, an important stop loss (50% - 60%) can work, as long as you buy the right tokens; not the ones being rugged upon launch.
➳ Currently aiming for fewer trades, but with a higher % of winning ones. Around 20 trades a day.
➳ Criterias to find which tokens to buy will follow in another update...
3 days ago
The people making the most money on Solana are the devs
Not the meme coin creators who call themselves "dev"
But the actual devs in the trenches everyday fighting bugs and syntax errors
Not the meme coin creators who call themselves "dev"
But the actual devs in the trenches everyday fighting bugs and syntax errors
3 days ago
Weekly rewards will be distributed to the most active users on BullVerse!
Check your rank on the leaderboard.
Check your rank on the leaderboard.
5 days ago
If you're a new trader, I recommend taking initials out at 2-3x
On top of minimizing risk, this teaches you to have a system in place
Once you understand your trading style, you can up the stakes
Trading systematically > Trading Emotionally
On top of minimizing risk, this teaches you to have a system in place
Once you understand your trading style, you can up the stakes
Trading systematically > Trading Emotionally
