Alexandros Dolgov CBA® (Study/Bitcoin)’s Post

Here is Part II of my Modular Thesis inspired by conversations at ETHDenver. In extension of the kitchen👩🏻🍳 analogy for monolithic blockchains and the infamous Trilemma, I include an overview of various modular architecture options (traditional rollup, validium, sovereign rollup). While the transaction lifecycle remains the same at a high level, there is a need for blockchain interoperability between various components of the stack. Then, I discuss the benefits/drawbacks of modular blockchains and value accrual💰 across layers with a slight touch on commoditization. Ultimately, I make a strong case for it because of benefits such as scalability, cost reduction, customizability, flexibility, and ease of upgrade. If you find my writing helpful, please like, comment, and share it :) I am always up for a good debate, either in the comment section or on Zoom! #blockchain #crypto #interoperability #scaling #payment #tokenization #ethereum #Layer2

The adoption of native stablecoins like AUSD by blockchain networks demonstrates a growing trend: for a blockchain network to thrive, having a native stablecoin is essential. Native stablecoins provide stability, streamline transactions, and build confidence in the ecosystem’s economic foundation. Very soon, PQUSD will serve as the native stablecoin on quantum-resistant L1 blockchain Abelian and its L2 blockchain #QDAY. Together, they represent a mutually reinforcing solution: Abelian/QDAY’s post-quantum security and PQUSD’s stability are designed to strengthen each other, enabling a secure, resilient, and scalable foundation for the digital economy. This partnership lays the groundwork for a fully realized post-quantum blockchain ecosystem for the years to come. #Blockchains #Stablecoins #PostQuantum #DigitalFuture https://lnkd.in/geiW2Q8X

https://lnkd.in/exsy9fgS The Princeton Center on the Decentralization of Power through Blockchain has published a white paper on the key research questions that will drive forward the advancement of blockchain technology and its applications. These critical research questions span technology, applications, and policy. Addressing these challenges will require interdisciplinary collaboration across computer science, engineering, economics, political science, ethics, and the humanities. We hope the framework articulated in the white paper will help universities, industry, and government harness this transformative technology to decentralize power in the service of humanity, while mitigating its potential pitfalls.

👉 Understanding Game Theory in Tokenomics Game theory and tokenomics are essential for designing resilient blockchain systems. Tokenomics focuses on a token's economic model, including its creation and distribution. By using game theory – which analyzes strategic interactions among rational players – developers can create balanced and sustainable token economies. Learn how game theory ensures robust and sustainable token economies in the Web3 and blockchain world here - https://lnkd.in/eRUT4bXG #GameTheory #Tokenomics #Blockchain #Crypto #Web3 #DeFi #Cryptocurrency #BlockchainTechnology #CryptoEconomics

The full ZenIP 42407 proposal has been posted to the Horizen DAO Discourse, have you had a chance to review it yet? Let’s dive in with an overview of what it is and what it means for the Horizen Ecosystem! What Is This About? This proposal, submitted by Horizen Labs, puts forward a plan for future $ZEN allocations and emissions optimized for a vibrant ZK community built on the Horizen 2.0 blockchain. It is important to note that the maximum supply of 21 million $ZEN will be preserved in the proposed tokenomic model. Why this ZenIP? Horizen is undergoing a major upgrade from a proof-of-work UTXO model to a proof-of-stake EVM-compatible blockchain optimized for ZK. The vision has evolved from facilitating private value transfers to building an ecosystem that supports dApps specifically leveraging zero-knowledge technology. As a fair-launch project with no pre-mine and no ICO, Horizen’s current block reward allocations do not align with the modern needs for ecosystem growth. This plan aims to create a more effective tokenomics framework that accelerates ecosystem growth, equips the community with the resources to seize new opportunities, and honors the project’s legacy max supply cap. This ZenIP covers: ♦ Review of Current Block Reward Allocations ♦ Proposed $ZEN Allocations for Horizen 2.0 ♦ Collator and Delegator Rewards ♦ Changes to the Emission Schedule ♦ Horizen Foundation Allocation ♦ DAO Treasury ♦ Replacing the Halving Schedule ♦ And more! ZenIPs are for the community to vote on and have a say in the future of Horizen! Join the conversation on Discourse to read the full ZenIP and share your thoughts! 👇 https://lnkd.in/enUZADfY

Exciting developments in the world of blockchain technology! Learn about Zero Knowledge proofs on Mina, zkPassport, and SoulBound NFTs, enhancing Web3's social experience. Discover how non-transferable soulbound tokens and the Mina Protocol are revolutionizing the industry. Stay informed and be part of the future of decentralized applications! #Blockchain #Web3 #MinaProtocol #ZeroKnowledgeProofs #NFTs #Decentralization 🚀🔗 https://lnkd.in/dDaaEiTM

NFTScan-Powered Mint Unveils Mainnet on May 15th NFTScan-Powered Mint, an upcoming blockchain platform, is scheduled to launch its mainnet on May 15th, with a focus on NFTs. Mint, with a focus on non-fungible tokens (NFTs) and powered by the NFT data architecture NFTScan, announced its intention to launch its mainnet on May 15th as part of Ethereum Layer 2 network Optimism. Built... NFTScan-Powered Mint Unveils Mainnet on May 15th #Ecosystem #Mainnet #Mint

L3s are coming, and might be coming with force! 🚀 Layer 1s (or L1s) are the foundational blockchain layer providing the infrastructure for the network such as #bitcoin, #ethereum, or #solana . Layer 2s (L2s) are scaling solutions built on top of L1s, typically bundling many transactions into one which is then settled on the L1 blockchain. Layer 3 #blockchains (L3s) usually networks that interact with L1s and L2s, host dApps, or interconnect different L1s and L2. Popular examples for L3s are Chainlink, Polkadot, or #cosmos. Another very recent example of an L3 blockchain is the “Degen Chain”, which is built on top of Base Chain (L2) as a #anytrust chain using the #arbitrum Orbit tech stack. Base chain was chosen specifically due to its popular on- and off-ramp custodian Coinbase. Apparently, decentralized social media projects such as Farcaster frames have expressed interest to build on Degen chain. Given the current madness on #solana, one can only imagine how this will play out on the Degen chain! 😲 https://lnkd.in/dQUXhFVe

Published another material on #TON dev! This time it is a case study of the advanced architecture we designed and developed at MiKi Digital. I wanted to 𝐝𝐞𝐦𝐨𝐧𝐬𝐭𝐫𝐚𝐭𝐞 𝐡𝐨𝐰 𝐜𝐨𝐦𝐩𝐥𝐞𝐱 𝐬𝐲𝐬𝐭𝐞𝐦 𝐝𝐞𝐬𝐢𝐠𝐧𝐬 𝐬𝐡𝐨𝐮𝐥𝐝 𝐛𝐞 𝐢𝐦𝐩𝐥𝐞𝐦𝐞𝐧𝐭𝐞𝐝 𝐨𝐧 𝐓𝐎𝐍 and flex the Miki Digital #blockchain team’s dev skills. Earlier this year we were helping one of the teams to build an #EVM-compatible #L2 for TON. We 𝐝𝐞𝐬𝐢𝐠𝐧𝐞𝐝 𝐚𝐧𝐝 𝐛𝐮𝐢𝐥𝐭 𝐭𝐡𝐞 𝐨𝐧-𝐜𝐡𝐚𝐢𝐧 𝐩𝐚𝐫𝐭, 𝐛𝐚𝐬𝐞𝐝 𝐨𝐧 𝐭𝐡𝐞 𝐠𝐞𝐧𝐞𝐫𝐚𝐥 𝐩𝐫𝐢𝐧𝐜𝐢𝐩𝐥𝐞𝐬 𝐚𝐧𝐝 𝐝𝐞𝐟𝐢𝐧𝐢𝐭𝐢𝐨𝐧𝐬 𝐨𝐟 𝐋2𝐬. Below is my case study where I 𝐬𝐭𝐞𝐩-𝐛𝐲-𝐬𝐭𝐞𝐩 𝐝𝐢𝐯𝐞 𝐢𝐧𝐭𝐨 𝐭𝐡𝐞 𝐩𝐞𝐜𝐮𝐥𝐢𝐚𝐫𝐢𝐭𝐢𝐞𝐬 𝐨𝐟 𝐨𝐮𝐫 𝐢𝐦𝐩𝐥𝐞𝐦𝐞𝐧𝐭𝐚𝐭𝐢𝐨𝐧. https://lnkd.in/g7gSX9Tc kudos to Semyon Mikhailov for working on the project! #medium #dev #article #casestudy

Reentrancy Vulnerability Reentrancy is a concept that has garnered significant attention in the field of computer science, particularly within the realms of concurrent programming and blockchain development. This blog post delves into the intricacies of reentrancy, its implications, and its relevance in modern computing environments. Introduction to Reentrancy Reentrancy refers to the ability of a function to be interrupted in the middle of its execution and safely called again (“re-entered”) before the previous executions are complete. This capability is crucial in environments where functions need to be executed concurrently, ensuring that each invocation can proceed without interfering with others. https://lnkd.in/dVgBk-fm #blockchain #smartcontract #solidity #smartcontractsecurity #reentrancy