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Vitalik TAKO AMA: ETH Positioning, Sequencer Centralization, L1 vs L2, Governance, and Success Metrics

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On the evening of February 19th at 12 PM UTC and lasting until 12 PM UTC on February 20th, Vitalik Buterin, the founder of Ethereum, was invited to participate in a flash text interview on Tako (a client based on Farcaster) with Mable Jiang, the Chief Revenue Officer of FSL. WuBlockchain has polished, translated, and organized the interview content as follows: Question 1 In your mind, is Ethereum today closer to the nature of Bitcoin or that of a world computer? You previously mentioned in a Twitter post that many people with negative views on ETH are actually short — term speculators, and their frustrated emotions hardly bring any constructive help to the ETH community. However, within the OG ETH — Maxi camp, many people have been promoting the concept of “ETH is money” (for example, Bankless, the largest media advocating for ETH — Maxi). They draw comparisons between ETH and BTC, considering it as another competitive form of digital currency (and perhaps an even better one). What is ...

Web3 and the Future of the Internet

Web3 represents a transformative vision for the internet, emphasizing decentralization, user ownership, and enhanced privacy. Unlike its predecessors, Web1 and Web2, which focused on static content and centralized platforms, Web3 empowers users to control their data and digital identities through blockchain technology. At the core of Web3 is the concept of decentralized applications (dApps), which operate on peer-to-peer networks rather than centralized servers. This shift allows for greater transparency and security, reducing the risk of data breaches and censorship. Users can interact directly with one another, fostering trust and collaboration in digital ecosystems. Moreover, Web3 introduces innovative economic models, such as tokenomics, enabling users to earn rewards and participate in governance decisions. This inclusivity transforms traditional business models, allowing creators and consumers to share value more equitably. As Web3 continues to develop, it holds the potential to ...

Orderly Network launches a new bounty program 

Orderly Network, the Web3 liquidity platform, has unveiled a new bounty program in partnership with Google Cloud and Empyreal, as disclosed to Finbold on Tuesday, September 17. Envisioned as an aid for developers, the initiative offers rewards for creating artificial intelligence (AI) agents that can autonomously trade on Orderly’s platform. Orderly Network’s bounty program campaign This campaign seeks to help merge the capabilities of AI and decentralized finance (DeFi).  Picks for you ‘Nvidia of crypto’ shows ‘fantastic’ signal as whales make bullish move 1 hour ago Camino Network joins Outlier Ventures’ Ascent ahead of token launch  1 hour ago ...

Artificial Superintelligence Alliance Price: FET Soars 10% As DAWGZ Offers Last Chance To Buy Before Its DEX Debut In 4 Days

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The Artificial Superintelligence Alliance price surged 10% in the last 24 hours to trade at $1.22 as of 09:49 p.m. EST on trading volume that rose 13% to $364 million, according to Coingecko .  After a successful merger between Fetch.ai, SingularityNET, and Ocean Protocol, the ASI project has seen a resurgence in interest, particularly in the wake of Nvidia’s strong quarterly earnings. Could the anticipation of Nvidia’s continued success further bolster FET’s performance? Artificial Superintelligence Alliance Price Prediction: FET Aims For A Continued Rally Since the beginning of August, the Artificial Superintelligence Alliance price has been in consolidation within the $0.89 range. However, the bulls have won the struggle in the last week, pushing the price to $1.46 before encountering resistance and correcting slightly, forming a rounding top pattern. The FET price then invalidated the pattern’s bearish prospects, soaring to the current price as the ...

Common Wealth, PAID network, forge a strategic alliance

Common Wealth, an innovator in early-stage web3 investments, is partnering with PAID Network, the firm behind Ignition Launchpad. The two companies have signed a strategic partnership to create the groundwork for what they intend to be an innovative crowdfunding experience. Common Wealth transforming web3  The collaboration is designed so Common Wealth can spotlight promising early-stage investment opportunities.  Simultaneously, PAID Network will connect visionary founders with essential resources, utilizing its crowdsourcing platform and incubation resources. Moreover, Common Wealth and PAID Network share a common objective: democratizing the investment process in web3.  Together, they will work to establish an inclusive, secure, and user-friendly environment for participants. Additionally, Common Wealth contributes a mobile-first platform enhanced by ZKsync technology, while PAID Network adds a critical layer of trust and transparency to the Web3 landscape. Their collabora...

Thirdweb reveals major security flaw in common smart contracts

Smart contract development firm Thirdweb has discovered security vulnerabilities that potentially “affect various smart contracts in the Web3 ecosystem.” Thirdweb, an all-in-one development platform that provides EVM smart contracts, says it found a vulnerability in a popular open-source library that could potentially affect some pre-built smart contracts, including some of its own. IMPORTANT On November 20th, 2023 6pm PST, we became aware of a security vulnerability in a commonly used open-source library in the web3 industry. This impacts a variety of smart contract s across the web3 ecosystem, including some of thirdweb’s pre-built smart contract s.… — thirdweb (@thirdweb) December 5, 2023 The team added that the smart contract vulnerability has not yet been exploited, but warned customers that the exploit could cause smart contract vulnerabilities. You might also like: Stellar initiates security audits for imminent Soroban smart contracts platform ...

Square Enix to auction Symbiogenesis NFTs

Renowned video game publisher Square Enix has unveiled the NFT auction ing schedule for its blockchain-backed game Symbiogenesis. In a Nov. 24 post on X (formerly Twitter), Final Fantasy creator Square Enix shared its plans to sell Symbiogenesis NFTs in three rounds. Starting next week, it's finally time for the start of the auction ! Phase 1: 11/27 12:00 – 11/28 11:59 (JST) Phase 2: 11/30 12:00 – 12/1 11:59 (JST) Phase 3: 12/2 12:00 – 12/3 11:59 (JST) More details herehttps://t.co/MFprrApwio#SYMBIOGENESIS — SYMBIOGENESIS -NFT Art&Game Project- | SQUARE ENIX (@symbiogenesisPR) November 24, 2023 Per the announcement, the first auction will occur from Nov. 27 to Nov. 28, with the second spanning from Nov. 30 to Dec. 1. The final round of auction s will occur between Dec. 2 and Dec. 3. Five hundred character NFTs will be launched for Chapter 1 of Symbiogenesis, with the initial auction introducing ten unique NFT characters to the ecosystem. The second a...

Ready for changes? Anticipating the web3 revolution in 2024 | Opinion

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Disclosure: The views and opinions expressed here belong solely to the author and do not represent the views and opinions of crypto.news’ editorial. Web3, akin to numerous groundbreaking innovations, has been crafted with the explicit goal of improving and enriching our daily lives. It stands at the forefront of technological advancements that promise to reshape how we interact with digital systems and services.  You might also like: Beyond the hype: Web3 is in dire need of a rebrand | Opinion What makes web3 particularly noteworthy is its ability to transcend the boundaries of traditional financial institutions, as many of them have already discerned the potential for symbiosis with these cutting-edge technologies. Consequently, they are proactively delving into collaborative efforts and seeking ways to seamlessly integrate web3 into their core operations. This intriguing interplay between web3 and traditional finance is shaping a new landscape that is bound to inf...

Beyond the hype: Web3 is in dire need of a rebrand | Opinion

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Disclosure: The views and opinions expressed here belong solely to the author and do not represent the views and opinions of crypto.news’ editorial. Let’s be honest: whenever people discuss matters related to the blockchain or web3, their minds immediately gravitate toward cryptocurrencies. However, it is the complex digital infrastructure pervading these assets that is actually transforming how we do things in everyday life. Take food safety, for instance. When we go to a store and pick up a pack of organic strawberries, we’re often left wondering if they’re genuinely organic. You might also like: Cryptocurrency awareness vs knowledge: To educate to empower | Opinion Thanks to the power of the blockchain, it is possible to scan a QR code and voila! The entire life cycle of the pack—from where it was grown, how it traveled, and so on—can be seen with the touch of a screen. Similarly, in healthcare, the medical records of most people are all over the place....