Grass Network the data layer of AI on solana has open-sourced 600 million top Reddit posts and comments from 2024. This release aims to make AI training more accessible for developers.

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.

Marginfi, a (DeFi) platform on Solana, has announced the upcoming launch of MarginSwap, a new feature enabling permissionless margin trading on any token pair.

This development comes as Solana's meme coin ecosystem continues to flourish, with over 120,000 new tokens created on the blockchain in the last week alone.

. Uniswap Wallet integrates Transak to facilitate fiat-crypto conversions :

Uniswap partners with Transak to integrate fiat-crypto conversion services into Uniswap Wallet. Users will be able to buy cryptos directly with fiat currencies via Apple Pay, Google Pay, credit cards.

. The Bahamas wants to force local banks to integrate their CBDC :

The Bahamas is preparing legislation requiring banks to support their CBDC, the "Sand Dollar". According to the governor of the central bank, banks will have to offer access to this digital currency to their customers within two years.

. Cometh and Worldcoin collaborate to facilitate account abstraction :

The French startup Cometh has received a grant from the Worldcoin Foundation to develop a mobile library integrating access keys, ERC-4337, and Safe smart accounts in World Chain wallets.

. Bitfarms increases its production capacity :

In June, Bitfarms increased its Bitcoin production by 21%, reaching 189 BTC, despite a decrease of 51% compared to June 2023 due to the last halving. The company sold 134 BTC for $8 .8 million and now holds 905 BTC.

Compute Labs, the developer of a Solana-based GPU tokenization protocol, has raised $3 million in a pre-seed funding round.

Protocol Labs, the company behind the decentralized file storage network Filecoin, led the funding round.

Other investors includes;
Blockchain Coinvestors, OKX Ventures, CMS Holdings, HashKey Capital, Amber Group and P2 Ventures.

They were also Angel investors, including Sandeep Nailwal of Polygon, Illia Polosukhin of NEAR Protocol and Austin Federa of Solana Foundation.

Compute Labs began raising funds for the pre-seed round in March when it was founded and closed the round in April. The round was structured as a simple agreement for future tokens (SAFT) but it brought Compute Labs' fully diluted token valuation to $30 million.

What is Compute Labs?

Compute Labs is building a real-world asset (RWA) tokenization protocol focused on compute as its underlying asset. Compute refers to the processing power of CPUs and GPUs, essential for tasks such as data processing and running software.

It's been just a little over 1,5 month since BullVerse token launch, but it feels like this platform has been there for us for years.

Honestly I fell in love with it since day one. There was no day in which developers weren't actively working on their child. This attitude is really hard to find in people nowadays.

With confidance I can tell you that green candle is about to appear. Bullpad is right behind the corner and would be a real danger for pump.fun.

I am securing even more Bull tokens to my wallet - it is not financial advice 😂

Who is paying attantion?

What is magicblock?

It's a taste of what's to come in the Solana gaming scene 🎮

A beginner's guide to the Onchain Game Engine 👇

Onchain game engines make it easier to build games with no external dependencies beyond their underlying blockchain.

To me, this is one of the most exciting areas of development in crypto today, and that’s why my curiosity was piqued when I recently came across MagicBlock Engine.

MagicBlock is a game engine that’s innovated an Ephemeral Rollups architecture for powering flexible and performant onchain games on Solana.

I think MagicBlock is an interesting look into what's to come in the Solana gaming scene, so let’s catch you up on all the basics.

What Is MagicBlock?
MagicBlock is a gaming framework built on top of Solana, designed to facilitate the development of fully onchain games and apps.

Recently, MagicBlock Engine showcased its capabilities at an a16zcrypto Demo Day event.

The demo featured a real-time, fully onchain game deployed entirely on Solana, and two clients played the game simultaneously with no lag thanks to the MagicBlock’s ability to delegate accounts into fast Solana validators.

What Are Ephemeral Rollups?
MagicBlock extends Solana's capabilities by introducing Ephemeral Rollups (ERs), which are designed to efficiently facilitate state transitions without fragmenting a game’s state.

MagicBlock’s Other Main Features

⚡️ BOLT — A framework that uses the Entity Component System (ECS) pattern to streamline the development of onchain games. It allows developers to quickly create modular, reusable, and extendable game components and logic.

🪪 SOAR — SOAR stands for Solana Onchain Achievement & Ranking. This reputation system lets developers readily define achievements based on onchain activities, track and display user rankings, and deploy rewards.

🔑 Session keys — MagicBlock recently helped add support for session keys in the Solana Unity SDK, making it easier for its game devs to eliminate the need for repeated wallet popups during frequent in-game interactions in a secure fashion.

MagicBlock’s angle is to bypass these fragmentation issues by keeping assets on mainnet Solana, thus maintaining the possibility for atomic composability, while still achieving scalability with ERs. This way you get high throughput, customizable runtimes, and the ability for games and apps to seamlessly interact without needing interoperability solutions.

What to Watch Going Forward?
1. MagicBlock is new and still rearing up. Which onchain game will be the first to officially use this engine?

2. The recent MagicBlock demo achieved 50ms latency, which is competitive with modern gaming standards. Can we expect further optimizations that bring this latency even lower for even better real-time gameplay?

3. Earlier this year, Parallel announced its AI game Colony would be based on Solana. Could the Parallel team adopt MagicBlock Engine to meet its infrastructure needs here?

4. With MagicBlock maintaining assets on the Solana mainnet, developers have the potential for atomic composability. What use cases will emerge from this capability?

5. Onchain games benefit greatly from user-generated content (UGC) and user-generated logic (UGL). Will the SOAR system be used to incentivize these sorts of creations?

The Bottom Line
While MagicBlock is still in its early stages, its potential to catalyze Solana’s fully onchain gaming scene seems considerable, as its Ephemeral Rollups architecture can help it bypass key challenges faced by other gaming engines while still ensuring high performance. Looking ahead, be sure to stay updated on the team’s progress by following them on Twitter— they’re ones to watch in my opinion!

Written by WPeaster

❌️ Bittensor shuts down its network after a security attack.

Reports of an unusual attack on Bittensor wallets have emerged in recent hours, leading to a deliberate shutdown of the network by core developers.

ZachXBT:
“Bittensor was disrupted due to additional flights earlier today, potentially due to a private key leak.”

According to him, 8 million dollars of $TAO were stolen.

https://www.theblock.co/po...

Here are the most bullish narratives you should pay attention this Q3.

🐶 Memes
• $WIF
• $PEPE
• $PEIPEI
• $POPCAT
• $MOG
• $MICHI
• $PONK

🏛️ RWAs
• $ONDO
• $RIO
• $CHEX
• $IXS
• $BOSON
• $LAND

🤖 AIs
• $TAO
• $QUBIC
• $RNDR
• $PAAL
• $ASI
• $FET

🔶 BTCFi
• $STAMP
• $BILLY
• $RSIC
• $PUPS
• $MUBI

⚙️ L1s
• $KAS
• $SOL
• $INJ
• $DIONE
• $ALPH
• $TRIAS
• $TON

🎮 Gaming
• $KARRAT
• $NAKA
• $KATA
• $CROWN
• $METAL
• $BRN
• $UPO

📲Social network

• $BULL

🪙 Others
• $ATOR
• $VELO
• $GHX
• $JASMY
• $CSIX
• $ROSE

Did I miss anything fam?

What is 0xMantle cooking up? 👀

Join us Monday as we explore the Mantle ecosystem's latest developments

Set a reminder 🔔👇

Crypto in 2024: Mid-Year Reflections

4 takeaways 👇

Crypto moves fast – like blink-and-you-missed-it fast.

The first half of this year has been no different, with new chains and applications emerging daily and the crypto industry gaining mainstream acceptance in the financial world.

Amid the Twitter echo chambers and the frenzy of bull market price action, it's easy to lose sight of the bigger picture. So, let's zoom out and focus on the signal amid the noise.

TL;DR Crypto is just getting started; don't get shaken out.

Today, we’ll take a step back to reflect on the key developments of H1 2024, exploring the significant events and trends that highlight the progress we've made this year. 👇

1️⃣ Crypto is now mainstream
Remember the days when crypto was a niche plaything for cypherpunks? Those days are well over.

In the first half of 2024, crypto broke through to the mainstream with a vengeance.

The turning point was the long-awaited approval of spot Bitcoin ETFs in January. Suddenly, Wall Street had a comfortable on-ramp to crypto, and they took it in a big way. Eleven ETFs launched in one day, and volumes broke records.

And it didn’t stop at Bitcoin. The SEC finally greenlit eight spot ETH ETFs in May, further validating the entire crypto ecosystem, and opening the door for even broader institutional adoption.

2️⃣ Crypto Adoption Accelerating
Crypto adoption is accelerating at a remarkable pace. The number of active users across blockchains is up big time, hitting an all-time high of 42.92 million active addresses in April.

Another factor is the resurgence of DeFi. DeFi activity and mindshare are on the rise again, signaling a renewed interest and activity onchain, one that's moving beyond simple speculation to perhaps some real-world utility, like in the form of stablecoins for payments and asset tokenization for RWAs such as government securities.

The momentum is clear: more people are coming onchain, and they're finding more reasons to stay.

3️⃣ Ethereum Still Dominant, But Solana Rising
Ethereum remains the dominant force in crypto. Over 60% of the total value locked in DeFi sits on Ethereum, a testament to the lindy ecosystem, which acts as a foundation for countless applications and chains.

This dominance is not just a matter of capital but also technological progress on the roadmap. Ethereum is scaling through L2s like Base who have seen robust adoption this year, and thanks to the most recent Dencun upgrade, offer users significantly lowered gas fees.

Moreover, Solana’s innovation engine is running hot. Tech advancements like zk-compression and user-friendly features like Blinks are setting the stage for broader adoption, and we can see that Solana’s network effects are taking root in real time.

Make no mistake: Ethereum isn't going anywhere. Its established network effects and vast developer community ensure its continued importance in crypto. But Solana's impressive strides can't be ignored. Both ecosystems are thriving, each in its unique way. This parallel adoption is a win for crypto users, as it accelerates innovations and drives the entire industry forward.

4️⃣ More Chop Ahead, Then Up-Only
Bitcoin broke its all-time high in March, briefly breaching the $70 ,000 mark. While that party seemed to end pretty abruptly, let's not get carried away. This bull market is far from over.

The long-awaited ETH ETFs are nearly here, interest rate cuts are likely on the way, and crypto will likely continue to earn a place on the national stage during the U.S. elections with potential positive policy shifts in play.

💭 Closing Thoughts
So, has the first half of 2024 been all smooth sailing for crypto? Not quite.

The bull market must go

Colosseum, a startup accelerator on Solana, announces a $60M raise to support Solana-based founders. The platform simplifies entry and fosters global competition, driving better innovations.

Their plan is to make it easy for early-stage development on Solana.

First Solana Summit saw over 1900 applicants from 55+ countries, with 70% being international attendees, including 50% founders and developers.

WBTC (Wrapped Bitcoin) is now officially live on #Solana by Wormhole. This mew development is expanding its utility in the Solana DeFi ecosystem.

DID YOU KNOW

Solana uses PoH to IMPROVE their ecosystem??

Proof of History(PoH) is a unique consensus
algorithm developed by Solana to enhance
blockchain scalability and performance. It serves
as a cryptographic clock that verifies the passage
of time between events and transactions, which
then creates a historical record that proves events
occurred in a specific sequence.

This has reduced the need for traditional consensus protocols to verify timestamps, and significantly increased the network's efficiency.

gm 🦊 amics,

Development on the Kitsune Webapp is well underway, this means:

- Likes will be recorded as R2E Stats again, bypassing the "private likes" on X.

- Follows and Bookmarks are now R2E Stats with their own weightings towards rewards.

- Raids can be done entirely in Telegram, you will not even have to open Twitter/X to participate in raids.

- Botting is made close to impossible.

Have a great week!

The Solana Labs Incubator Demo Day is scheduled to take place on Zoom on June 26 at 16:30 UTC and will showcase the latest developments from teams within the Solana ecosystem.

Light Protocol is a cutting-edge blockchain technology on the Solana network that focuses on reducing costs and enhancing privacy. It recently introduced "ZK Compression," which uses zero-knowledge proofs (ZKPs) to reduce the cost of creating tokens and accounts by up to 99%, while maintaining security and performance.

Their latest development, Light v3, enables private program execution through Private Solana Programs (PSPs), which allows developers to build applications with built-in privacy features, such as private payments and encrypted order books. This technology supports full zkSNARK verification in a single transaction, improving transaction efficiency and privacy.

Light Protocol is open-source, encouraging community involvement in its development and expansion

JupiterExchange's governance proposal to fund the Uplink group to develop growth-based content has passed.

THE PROPOSED BUDGET👇
- $552 ,000 for 12 months operation
-2.5m $jup vested for 4 years

Is OP_CAT the missing piece for BTC L2s?

This opcode has everyone talking; what does it do?

A beginner's guide 👇

Bitcoin L2s are the talk of the town, but not much of their promise has been realized yet.

What are Bitcoin's builders waiting for?

One significant proposal could help mature the Bitcoin L2 landscape: the reintroduction of OP_CAT. This opcode, which was disabled early in Bitcoin's history, could unlock new capabilities and pave the way for more sophisticated and trustless Bitcoin L2 solutions.

Let's dig into why this opcode could be so transformative for BTC 👇

What is OP_CAT?
Okay, so why is this seemingly random opcode so controversial? OP_CAT, or "Operation Concatenate" is an opcode in Bitcoin's scripting language that allows for the concatenation of two data elements.

Initially proposed by Satoshi Nakamoto, OP_CAT was disabled in 2010 due to security concerns related to its original implementation, specifically potential denial-of-service (DoS) attacks caused by unbounded memory usage.

The introduction of the Taproot upgrade in 2021 has mitigated these original concerns. Taproot enforces a maximum stack element size of 520 bytes, addressing the memory usage issue that led to OP_CAT's deactivation. With this security improvement and resurgent Bitcoin development interest, thanks to Ordinals and Runes, a movement to reintroduce OP_CAT to enhance Bitcoin's scripting capabilities is gaining steam, aiming to put more complex transaction capabilities in reach.

Are Covenants and Smart Contracts Different?
One reason why OP_CAT is so compelling is because it can actualize covenants, i.e. spending conditions, on Bitcoin. Covenants and smart contracts are both mechanisms for controlling the flow of funds in a blockchain network, but they operate in distinct ways.

Covenants:
Purpose: Restrict how funds can be spent in future transactions.
Functionality: Implement specific spending constraints, such as limiting addresses or setting conditions on fund transfers.
Complexity: Generally involves simpler, deterministic logic without loops or complex computations.
Implementation: Can be implemented using Bitcoin Script with enhancements like OP_CAT.

Smart Contracts:
Purpose: Automate a wide range of processes and transactions.
Functionality: Handle complex tasks such as decentralized exchanges, token issuance, and multi-party agreements.
Complexity: Support complex conditional logic, including loops and intricate computations.
Implementation: Commonly implemented on platforms like Ethereum using high-level programming languages.

Why Does OP_CAT Matter for Bitcoin L2s?
OP_CAT would prove crucial for advancing Bitcoin L2 solutions because it enhances the scripting capabilities needed for more complex and trustless Bitcoin infra. First, OP_CAT allows for covenants, enabling the construction of more complex scripts. This is essential for creating advanced transaction conditions and functionalities required for L2 solutions.

Additionally, if OP_CAT is activated, projects like StarkWareLtdare on standby to develop atop it. StarkWare has plans to leverage OP_CAT for bringing zero-knowledge (ZK) scaling to #Bitcoin to enable advanced financial instruments and apps on the network. StarkWare’s involvement here underscores the broader ecosystem's readiness to capitalize on the enhanced capabilities that OP_CAT would introduce.

As such, as the community continues to explore and test the possibilities around this proposal, the future of Bitcoin L2s looks promising and ripe with potential. At this point, reactivating OP_CAT seems like a matter of when not if!

Written by
WPeaster

KaminoFinance has recently integrated Solana's Token22 into its Kamino Lend platform, hinting at significant upcoming developments.

This integration aligns with Kamino's strategy of enhancing its decentralized finance (DeFi) offerings, which includes:

➢ lending

➢ liquidity provision and

➢ leveraging capabilities within the Solana ecosystem.

The integration of Token22 is expected to further streamline and optimize these processes, attracting more users and increasing the platform's overall utility.

Squads Labs, the leading developer of the Solana-based multisig protocol, secured $10 million in Series A funding, led by Electric Capital with participation from Coinbase Ventures and Placeholder VC. The funds will help expand the on-chain economy through smart account technology and user-friendly products.

Squads Labs also launched Fuse, the first smart wallet app for Solana, available on TestFlight for iOS. Fuse simplifies traditional wallet complexities with features like:
•2FA
•wallet recovery
• progressive security
•time lock functionalities
•customizable spending limits.

Hello

Any web3 Developer here?

#crypto
#dev
#BullVerse

Google Cloud have announced their partnership with Gameshift, an API from Solana labs.

What this would do is to make developers or anyone at all using Google cloud have an easier experience creating on-chain games on the Solana ecosystem.

You're able to make payments easily, enjoy your gaming experience and everything else.

Solana Foundation has reported over 2,500 monthly active developers, showcasing a strong community growth. Also, New Solana-to-Bitcoin cross-chain bridge, Zeus Network, set to launch in Q3 2024, bridging DeFi, GameFi, and more between various ecosystems

The co-founder of Solana, @aeyakovenko spoke on certain technical challenges experienced on Ethereum, the costly Layer 1 and separated Layer 2 landscape.

With his points, he provided reasons why #Solana would be an even better and simpler alternative for developers.

Here's the link to the video
https://youtu.be/Rd_04vVLE...

Our Gitbook is live !

Access is here: https://bullverse.gitbook....

Discover the exciting developments we have planned for the future of BullVerse.

BULL on this post = sign my petition

Bullverse developers I want to be able to just Ctrl C + Ctrl V images, I dont want to save every screen I make to post it here, guys it's not THAT complicated.👹

Thanks in advance.🙇

Seriously the only solution to bullv is when the developer is ready to work on increasing the market cap then the coin will have stability that even when gamers trip in the coin will still remain firm ❤️.... Good luck to you all
Happy weekend

🚀 Do you want to support my development and activities? Now you can do it with Solana! 🌟
🎉 Solana is a fast, scalable and low-cost blockchain platform that allows you to transfer funds in an extremely effective and secure way. Thanks to Solana, you can now support my creative endeavors and activities, allowing me to continue working on content that provides value to you and the community at large.

Wallet:
HFBjLediYbk6hSvnCm2NWdDLCEQc2rtZ9rV9wqJM2Mkk

🙏 Thank you in advance for your support and trust. Whether you donate a lot or a little 💪

#crypto $BULL $meme #Solana #bullish #Bitcoi