1 month ago
Daily Memecoin Recap - October 24
Look at the amount of runners that go above $3m market cap. Use this as motivation to lock in
ChatGPT Coin
#gpt2 -> hit $44 .2m
$stawb -> hit $4 .9m, project strawberry, iruletheworldmo
- Followed by ChatGPTapp
- ChatGPT made a chatbot. The chatbot made this coin
- Rumors that iruletheworldmo
, who is bullposting #gpt2 , is sama's alt account (Open AI's = ChatGPT's founder)
Andrew Tate Shills An AI
$tate -> hit $10 .2m, tate terminal
$tateAI -> hit $5 .22m, terminal of tate
#tateterm -> hit $2 .65m
$daddy -> hit $2 .17m
#daddyAI -> hit $1 .17m
$rnt -> hit $800k , RNT terminal
- $tate is followed by Cobratate
- Andrew Tate tweeted about it
The Dev Is A Cat
$kira -> hit $2 .53m
- First cat to deploy a coin on pumpdotfun
AI Plays Of The Day
#project89 -> hit $23 .4m
$test -> hit $8 .24m,
$dream -> hit $3 .77m
Coinbase CEO's Wife's Instagram Gets Hacked
$ruston -> hit $11 .38m, launch on $base
- Hackers profited over $300 ,000
Artificial Intelligence Dominates
$forest -> $12m to $33 .3m (2.77x)
#memesAI -> $7m to $31m (4.4x), pushed by KOLs,
$shegen -> $12m to $27m (2.25x)
$xvi -> $1 .2m to $9 .27m (7.7x)
#childAI -> $429k to $8 .23m (19.2x)
#kundalini -> $372k to $2 .58m (6.9x)
$murphy -> hit $4 .75m
$neo -> hit $3 .2m
$ppmp -> hit $3m , AI-generated script launched an AI-generated coin
$viora -> hit $2 .96m
#egregor -> hit $2 .61m
$dreams -> hit $2 .13m
$AIcats -> hit $2m , game
$lucid -> hit $1 .56m
$nig -> hit $1 .5m, nig terminal
More Cooks
$e /acc -> $10 .2m to $22 .8m (2.24x), Effective accelerationism
$koto -> $700k to $8 .42m (12x)
$worm -> hit $14 .3m, unique concept, worm game
$non -> hit $8 .86m, moonshot launch, $72k + in LP Rewards
$horny -> hit $6 .46m
$run -> hit $4m
$pipo -> hit $2 .74m, hippo meme
$catcoin -> hit $2 .63m
$return -> hit $496k , return to tradition
In this meta, be on the lookout for any new AI tech; that's what runs the most
Did you cook today? Drop some PNLs👇
Look at the amount of runners that go above $3m market cap. Use this as motivation to lock in
ChatGPT Coin
#gpt2 -> hit $44 .2m
$stawb -> hit $4 .9m, project strawberry, iruletheworldmo
- Followed by ChatGPTapp
- ChatGPT made a chatbot. The chatbot made this coin
- Rumors that iruletheworldmo
, who is bullposting #gpt2 , is sama's alt account (Open AI's = ChatGPT's founder)
Andrew Tate Shills An AI
$tate -> hit $10 .2m, tate terminal
$tateAI -> hit $5 .22m, terminal of tate
#tateterm -> hit $2 .65m
$daddy -> hit $2 .17m
#daddyAI -> hit $1 .17m
$rnt -> hit $800k , RNT terminal
- $tate is followed by Cobratate
- Andrew Tate tweeted about it
The Dev Is A Cat
$kira -> hit $2 .53m
- First cat to deploy a coin on pumpdotfun
AI Plays Of The Day
#project89 -> hit $23 .4m
$test -> hit $8 .24m,
$dream -> hit $3 .77m
Coinbase CEO's Wife's Instagram Gets Hacked
$ruston -> hit $11 .38m, launch on $base
- Hackers profited over $300 ,000
Artificial Intelligence Dominates
$forest -> $12m to $33 .3m (2.77x)
#memesAI -> $7m to $31m (4.4x), pushed by KOLs,
$shegen -> $12m to $27m (2.25x)
$xvi -> $1 .2m to $9 .27m (7.7x)
#childAI -> $429k to $8 .23m (19.2x)
#kundalini -> $372k to $2 .58m (6.9x)
$murphy -> hit $4 .75m
$neo -> hit $3 .2m
$ppmp -> hit $3m , AI-generated script launched an AI-generated coin
$viora -> hit $2 .96m
#egregor -> hit $2 .61m
$dreams -> hit $2 .13m
$AIcats -> hit $2m , game
$lucid -> hit $1 .56m
$nig -> hit $1 .5m, nig terminal
More Cooks
$e /acc -> $10 .2m to $22 .8m (2.24x), Effective accelerationism
$koto -> $700k to $8 .42m (12x)
$worm -> hit $14 .3m, unique concept, worm game
$non -> hit $8 .86m, moonshot launch, $72k + in LP Rewards
$horny -> hit $6 .46m
$run -> hit $4m
$pipo -> hit $2 .74m, hippo meme
$catcoin -> hit $2 .63m
$return -> hit $496k , return to tradition
In this meta, be on the lookout for any new AI tech; that's what runs the most
Did you cook today? Drop some PNLs👇
2 months ago
🔓Token Unlocks of the coming week.
📅 October 7:
👉 NEON - $17 .57 Million
93.43% of the supply in circu
📅 October 8:
👉 OWN - $34 .56 million
5.32% of the supply in circulation
📅 October 10:
👉 OP - $19 .21 million
0.99% of the supply in circulation
📅 October 11:
👉 APTOS - $93 .76 million
2.25% of the supply in circulation
🗞 Token Unlocks
📅 October 7:
👉 NEON - $17 .57 Million
93.43% of the supply in circu
📅 October 8:
👉 OWN - $34 .56 million
5.32% of the supply in circulation
📅 October 10:
👉 OP - $19 .21 million
0.99% of the supply in circulation
📅 October 11:
👉 APTOS - $93 .76 million
2.25% of the supply in circulation
🗞 Token Unlocks
3 months ago
Prices may be down, but Grayscale's making bull market bets if you know where to look.
These are the assets that have caught the attention of Crypto's Wall Street whisperer 👇
========================================
When Grayscale announces a new Trust for a particular asset, the market often reacts with a mix of excitement and skepticism.
It's a bit like a double-edged sword: a signal of saturation for some and a beacon of hope for others.
Some might interpret the launch as a sign that the market for that asset is reaching saturation or at least limited upside potential in crypto terms.
On the one hand, it’s a stamp of approval from a major player in the crypto space. It can lend legitimacy to the asset, potentially attracting institutional investors, and, at the very least, boost media coverage.
Grayscale has been adding new investment products at a faster clip, showcasing their conviction that we’re in the middle innings of a crypto bull market fueled by a grand slam of bullish signals: #Bitcoin ETF inflows, the long-awaited $ETH ETF launch, increasing stablecoin adoption, and steady growth in TVL across DeFi.
As a quiet giant in the industry, investors continue to watch what Grayscale is backing and what that says about their impressions of which direction the industry is headed. What assets have caught their attention lately? Let's find out. 👇
----------------------------------------------------------
Grayscale Decentralized AI Fund (FIL, NEAR, RNDR, LPT, TAO)
Grayscale Bittensor Trust (TAO)
Bittensor envisions a world where AI isn't a tool in the hands of a few corporations but a resource democratized for all. It aims to create an "Internet of AI" where everyone can contribute and benefit from AI models. $TAO incentivizes participants to contribute to the network by providing rewards for tasks like validating models and running AI computations.
As the AI race among big tech companies heats up, Grayscale believes that Bittensor offers a compelling alternative approach towards AI development, one that encourages a wider range of participants and ideas.
Grayscale SUI Trust (SUI)
$Sui boasts a novel blockchain design that prioritizes scalability and user experience. It allows for parallel processing, tackling multiple transactions simultaneously.
SuiNetwork
's competitive edge comes down to its custom-built programming language, Sui Move, which streamlines smart contract development and execution.
As the need for blockspace and faster execution in crypto increases, Grayscale believes that Sui opens the door to a new wave of decentralized applications that were previously limited by existing blockchain infrastructure.
The Grayscale Effect
Overall, the impact of a Grayscale Trust launch is highly subjective to the specific asset. By no means does it signify that the asset is destined for greatness. Take the Grayscale Decentraland Trust (MANA), for instance.
The key takeaway is that Grayscale's bullish outlook on crypto is evident in its recent product launches. They believe we're currently in a bull market and are positioning themselves accordingly.
Analysis by arjunnchand
These are the assets that have caught the attention of Crypto's Wall Street whisperer 👇
========================================
When Grayscale announces a new Trust for a particular asset, the market often reacts with a mix of excitement and skepticism.
It's a bit like a double-edged sword: a signal of saturation for some and a beacon of hope for others.
Some might interpret the launch as a sign that the market for that asset is reaching saturation or at least limited upside potential in crypto terms.
On the one hand, it’s a stamp of approval from a major player in the crypto space. It can lend legitimacy to the asset, potentially attracting institutional investors, and, at the very least, boost media coverage.
Grayscale has been adding new investment products at a faster clip, showcasing their conviction that we’re in the middle innings of a crypto bull market fueled by a grand slam of bullish signals: #Bitcoin ETF inflows, the long-awaited $ETH ETF launch, increasing stablecoin adoption, and steady growth in TVL across DeFi.
As a quiet giant in the industry, investors continue to watch what Grayscale is backing and what that says about their impressions of which direction the industry is headed. What assets have caught their attention lately? Let's find out. 👇
----------------------------------------------------------
Grayscale Decentralized AI Fund (FIL, NEAR, RNDR, LPT, TAO)
Grayscale Bittensor Trust (TAO)
Bittensor envisions a world where AI isn't a tool in the hands of a few corporations but a resource democratized for all. It aims to create an "Internet of AI" where everyone can contribute and benefit from AI models. $TAO incentivizes participants to contribute to the network by providing rewards for tasks like validating models and running AI computations.
As the AI race among big tech companies heats up, Grayscale believes that Bittensor offers a compelling alternative approach towards AI development, one that encourages a wider range of participants and ideas.
Grayscale SUI Trust (SUI)
$Sui boasts a novel blockchain design that prioritizes scalability and user experience. It allows for parallel processing, tackling multiple transactions simultaneously.
SuiNetwork
's competitive edge comes down to its custom-built programming language, Sui Move, which streamlines smart contract development and execution.
As the need for blockspace and faster execution in crypto increases, Grayscale believes that Sui opens the door to a new wave of decentralized applications that were previously limited by existing blockchain infrastructure.
The Grayscale Effect
Overall, the impact of a Grayscale Trust launch is highly subjective to the specific asset. By no means does it signify that the asset is destined for greatness. Take the Grayscale Decentraland Trust (MANA), for instance.
The key takeaway is that Grayscale's bullish outlook on crypto is evident in its recent product launches. They believe we're currently in a bull market and are positioning themselves accordingly.
Analysis by arjunnchand
3 months ago
Did someone say Multi-Wallet? 🤹
Unlock Maestro’s powerful multi-wallet modalities.
Set up multiple wallets and initiate simultaneous buys with a single click! Perfect for sniping launches with small max transactions/wallet limitations.
Assign each wallet a different action—maybe one for sniping, one for copy trading—customize it however you like!
To Enable Global Multi-Wallet:
/sniper ➡️ Wallets ➡️ Select Chain ➡️ Multi-Wallet ➡️ Connect or Generate another Wallet ➡️ Enable Multi ✅
Find the full instructions here: https://docs.maestrobots.c...
Unlock Maestro’s powerful multi-wallet modalities.
Set up multiple wallets and initiate simultaneous buys with a single click! Perfect for sniping launches with small max transactions/wallet limitations.
Assign each wallet a different action—maybe one for sniping, one for copy trading—customize it however you like!
To Enable Global Multi-Wallet:
/sniper ➡️ Wallets ➡️ Select Chain ➡️ Multi-Wallet ➡️ Connect or Generate another Wallet ➡️ Enable Multi ✅
Find the full instructions here: https://docs.maestrobots.c...
3 months ago
Just like Neo, I’m realizing my true power. No obstacles can stop me now—Temi’s in full control. 🚀💥
linktr.ee/temisolana
#TheOne #MatrixMode
linktr.ee/temisolana
#TheOne #MatrixMode
3 months ago
🇺🇸 Donald Trump was "orange plundered" by 3 friends from Puerto Rico.
Amanda Fabiano, Bitcoin miner, Tracy Hoyos-López, former California prosecutor, and David Bailey, CEO of BTC Inc. media group and organizer of the conference in Nashville, spent months secretly teaching Bitcoin to Donald Trump.
In the bitcoin language, Trump was "orange-pilled" at that time.
An expression that dates back to 1999 in the film Matrix, where Neo must choose between the red pill, which gives access to the disturbing truth about the world, or the blue pill, which will leave him in his ignorance.
The orange pill therefore refers to the official color of bitcoin.
https://www.cnbc.com/2024/...
Amanda Fabiano, Bitcoin miner, Tracy Hoyos-López, former California prosecutor, and David Bailey, CEO of BTC Inc. media group and organizer of the conference in Nashville, spent months secretly teaching Bitcoin to Donald Trump.
In the bitcoin language, Trump was "orange-pilled" at that time.
An expression that dates back to 1999 in the film Matrix, where Neo must choose between the red pill, which gives access to the disturbing truth about the world, or the blue pill, which will leave him in his ignorance.
The orange pill therefore refers to the official color of bitcoin.
https://www.cnbc.com/2024/...
3 months ago
TAKE ON TRON!💥
Activate limit orders, copytrade top players and initiate simultaneous buys/sells with Multi-Wallets! Plus, quickly bridge tokens directly in Maestro with #HoudiniSwap .
Tron is also supported by Maestro Scraper, so you can scrape at unmatched speeds.
Have you shared your referral link yet? Don't miss out on a 25% commission!
Make your move on Tron today👉 https://t.me/Maestro
#TRON #TRX
Activate limit orders, copytrade top players and initiate simultaneous buys/sells with Multi-Wallets! Plus, quickly bridge tokens directly in Maestro with #HoudiniSwap .
Tron is also supported by Maestro Scraper, so you can scrape at unmatched speeds.
Have you shared your referral link yet? Don't miss out on a 25% commission!
Make your move on Tron today👉 https://t.me/Maestro
#TRON #TRX
4 months ago
🇺🇸 The SECGov has discussed with potential issuers of Solana-related ETFs its concerns about the potential status of the $SOL as a security.
Simultaneously, the CBOE removed from its website the Forms 19b-4 submitted by VanEck and 21Shares
Simultaneously, the CBOE removed from its website the Forms 19b-4 submitted by VanEck and 21Shares
4 months ago
Published in 1968 - In thirty years, he reflected, perhaps sooner, there would be one vast undifferentiated culture, one complex of super-highways, hot-dog stands and neon, interrupted only by the Atlantic, stretching from Los Angeles to Jerusalem; possibly, by then, as far as Calcutta, three-quarters of the way round the world. Where there had been Americans and British and French and Italians and Greeks and the rest, there would be only citizens of the West, uniformly affluent, uniformly ridden by guilt and neurosis, uniformly alcoholic and suicidal, uniformly everything.
- Extract from “Colonel Sun”
- Extract from “Colonel Sun”
4 months ago
Daily Memecoin Recap - August 7
Volume starting to pick up as $btc , $sol recover
Runners Of The Day
$btw -> $1 .6m to $15 .6m (9.75x), banana taped to a wall, after pulling back yesterday, reached new ATH's today, good community
$nani -> hit $3m , KOLs in, dog meme
$minion -> hit $2 .8m, "Jesus Minion Confessions", unique concept where they post people's confessions
$chango -> hit $2 .3m, monkey with a machine gun
$jajak -> hit $1 .4m, funny meme
$tt -> hit $1m , "Thumb Thumb", spy kids meme
Insider Trump Coin
$twc -> hit $5 .5m, "Trumpwifcrown"
- Speculation that this was Trump's coin after Eric Trump's tweet saying "Stay tuned for a big announcement"
- Heavily sniped with insane volume, currently at $50k
- Plenty of smart wallets aped
Kamala Harris Announces Her VP Pick
$coconut -> $5m to $11 .3m (2.26x), KamalaHarris
, cult community, new ATH
$walz -> $315k to $2m (6.35x), based on Tim_Walz
Dog Meta
$wDOG -> $12m to $26m (2.16x), wrapped dog, currently retracing
$bicho -> $93k to $1 .8m (19x), coin out since June but heavily pushed today, $michi beta
$drc -> hit $995k , "Dog Riding Chicken", CTO
$pitbull -> hit $720k
$pooku -> hit $645k , CTO
$borf -> hit $475k , cartoon dog
$waffles -> hit $220k
Cat Meta
$neo -> hit $1 .8m, "The one", cat + matrix
$apple -> hit $340k , a cat with an apple
$icd -> hit $250k , "International Cat Day" is today
Other Cooks
$fiat -> hit $500k
$sheep -> hit $465k , same dev as $goat which peaked at $45m
$slog -> hit $370k , snail meme
$rockstar -> hit $240k , rock shaped like a star
What did you catch?
Volume starting to pick up as $btc , $sol recover
Runners Of The Day
$btw -> $1 .6m to $15 .6m (9.75x), banana taped to a wall, after pulling back yesterday, reached new ATH's today, good community
$nani -> hit $3m , KOLs in, dog meme
$minion -> hit $2 .8m, "Jesus Minion Confessions", unique concept where they post people's confessions
$chango -> hit $2 .3m, monkey with a machine gun
$jajak -> hit $1 .4m, funny meme
$tt -> hit $1m , "Thumb Thumb", spy kids meme
Insider Trump Coin
$twc -> hit $5 .5m, "Trumpwifcrown"
- Speculation that this was Trump's coin after Eric Trump's tweet saying "Stay tuned for a big announcement"
- Heavily sniped with insane volume, currently at $50k
- Plenty of smart wallets aped
Kamala Harris Announces Her VP Pick
$coconut -> $5m to $11 .3m (2.26x), KamalaHarris
, cult community, new ATH
$walz -> $315k to $2m (6.35x), based on Tim_Walz
Dog Meta
$wDOG -> $12m to $26m (2.16x), wrapped dog, currently retracing
$bicho -> $93k to $1 .8m (19x), coin out since June but heavily pushed today, $michi beta
$drc -> hit $995k , "Dog Riding Chicken", CTO
$pitbull -> hit $720k
$pooku -> hit $645k , CTO
$borf -> hit $475k , cartoon dog
$waffles -> hit $220k
Cat Meta
$neo -> hit $1 .8m, "The one", cat + matrix
$apple -> hit $340k , a cat with an apple
$icd -> hit $250k , "International Cat Day" is today
Other Cooks
$fiat -> hit $500k
$sheep -> hit $465k , same dev as $goat which peaked at $45m
$slog -> hit $370k , snail meme
$rockstar -> hit $240k , rock shaped like a star
What did you catch?
4 months ago
Neon, an Ethereum Virtual Machine on solana, launches Season 1 rewards claim with utility NFT drops and airdrops.
5 months ago
👀 Your crypto wallet hidden under your skin...
This is what VivoKey Technologies offers. Subcutaneous crypto wallets for secure transactions using NFC and RFID technology.
“These wallets are intended to be used to send cryptocurrency.”
"The app on your phone is your interface, but it doesn't have private keys. The private key and the actual signing of the Bitcoin transaction, or cryptographic transaction, is done in the chip."
“We currently have several different Bitcoin and crypto wallets that are supported.”
https://decrypt.co/239195/...
This is what VivoKey Technologies offers. Subcutaneous crypto wallets for secure transactions using NFC and RFID technology.
“These wallets are intended to be used to send cryptocurrency.”
"The app on your phone is your interface, but it doesn't have private keys. The private key and the actual signing of the Bitcoin transaction, or cryptographic transaction, is done in the chip."
“We currently have several different Bitcoin and crypto wallets that are supported.”
https://decrypt.co/239195/...
5 months ago
Solana still has a solid base in this heterogeneous market. All that's missing is the euphoria that will stop at nothing. The survivors are simply on their way to the top.
5 months ago
A portfolio linked to the bankrupt company Three Arrows Capital (3AC) bought an NFT from the "Ninja Village" collection entitled "Neon Village" on the SuperRare platform. The transaction, worth $59 ,821 according to current prices, was made possible by an offer placed nearly three years ago and never cancelled.
The 3AC portfolio had initially submitted an offer of 20 ETH for this NFT in August 2021, before it was accepted by the seller. An unusual situation, but which allowed the bankrupt company to acquire this digital piece of art
Originally purchased for 100 eth by previous owner
https://www.theblock.co/po...
The 3AC portfolio had initially submitted an offer of 20 ETH for this NFT in August 2021, before it was accepted by the seller. An unusual situation, but which allowed the bankrupt company to acquire this digital piece of art
Originally purchased for 100 eth by previous owner
https://www.theblock.co/po...
5 months 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
5 months ago
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
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
6 months ago
$BORPA has got a huge following of people BULLISH on the project. The anticipation is awesome with a 13x seen in whales market trading at.08.
Being the hottest memetoken with the assistance of their partner Entanglefi, BorpaToken will be using an all chain strategy by debuting on #Ethereum , #Arbitrum , #BNBChain , #Blast , and #Solana blockchains simultaneously to ensure massive adoption.
It also has a dual themed Dapp branding consisting of CRO-MAGNON Borpa and FUTURISTIC Borpa.
Being the hottest memetoken with the assistance of their partner Entanglefi, BorpaToken will be using an all chain strategy by debuting on #Ethereum , #Arbitrum , #BNBChain , #Blast , and #Solana blockchains simultaneously to ensure massive adoption.
It also has a dual themed Dapp branding consisting of CRO-MAGNON Borpa and FUTURISTIC Borpa.
Sponsored by
Kitten Haimer
15 days ago