Allen

Allen

crypto seeker||starknet

Recent developments in the Starkware ecosystem

Fireblocks Blockchain Services#

  • Idanofrat introduced himself as the CTO, CPO, and co-founder of Fireblocks.
  • He hopes to inspire entrepreneurs to continue pursuing their own dreams in the ongoing winter of the crypto world.
  • Fireblocks is a full-featured platform that helps businesses easily and securely establish blockchain-based services that are easier to manage. Its clients are spread across the world and come in various types.
  • By the end of 2017, newcomers started getting involved in cryptocurrency trading, and experienced attackers immediately saw an opportunity. It is estimated that they have successfully stolen over $1 billion worth of cryptocurrencies.
  • When founding Fireblocks, Idanofrat, Michael, and Pavel carefully studied the crypto space at the time, conducted interviews with 50 companies, and then developed a set of solutions.
  • Fireblocks has now achieved tremendous success, with over 1500 clients and countless investments, gaining global recognition.
  • Idanofrat hopes to inspire more entrepreneurs with the success story of Fireblocks, showing that they can also succeed in the crypto world.

Kakarot Supports EVM Smart Contracts and L3#

  • Elias Tazartes and Clément Waler discussed the Kakarot project based on EVM.
  • They believe that Cairo VM is the scalability dream on Ethereum today.
  • Cairo has a popular network effect and a competitive advantage.
  • The main difference between Cairo and CairoVM is that EVM is a stack machine architecture, while Cairo VM is a register architecture.
  • Transactions need to be repeatedly executed on EVM, while in Rollups, they only need to be executed once and generate validity proofs.
  • Kakarot will rewrite transactions on Ethereum and send them to the Starknet network.
  • Users can deploy smart contracts and interact with them using regular tools from Metamask to Foundry.

Bitcoin Likes Rollup as Data Availability#

  • Eric Wall is a board member of the Remote Brooks Foundation.
  • 5 days ago, the largest block in the history of the Bitcoin blockchain was mined, with a size of 4MB, larger than the previous largest block of 2.8MB in 2015.
  • In 2021, among Bitcoin maximalists, Atroite will receive a lot of cheers and excitement as many new features are expected.
    • In fact, the spectacular utilization is not simple, so the usage rate of Teapot is not high.
  • KC Rottermore invented the Order System, which allows storing arbitrary amounts of data on the Bitcoin blockchain.
  • Bitcoin script is a stack-based programming language, with each stack element having a maximum size of 512KB, and the maximum transaction size is 500KB.
  • Eric Wall himself is not a programmer, but he knows how to utilize the Bitcoin script programming language.

Identity and Social#

  • The host asked the audience about their ownership of ENS domains, ENS handles, and ZK badges.
  • Ben introduced Statnet ID, a service that allows users to create on-chain identities on Statnet.
  • Adrian introduced Sismo, an art versioning protocol that utilizes ZK proofs to protect the privacy of wallet addresses.
  • Makoto introduced ENS, a method of associating host names with ETH addresses.
  • Stanis introduced the Lens protocol, which allows creating personal social profiles with attached ENS, Sismo, and other social identities.
  • The author explained the advantages of Web 3 identities and how they benefit users.
  • Ben reiterated that everything users do will be saved on the blockchain, so anyone can extract information from it.

DeFi: Resilience in the Face of Global Uncertainty by AAVE Founder#

  • Welcome to Tel Aviv! The market may have changed, but there have always been passionate builders here, which is inspiring.
  • Definition of DeFi: Giving control to users, enabling rule-setting, smart contract transactions, ensuring asset existence after 10 years, long-term absence of government control, and transparency being important traits.
  • DeFi has its robustness and flexibility when facing the current global uncertainty, and it has its unique advantages, providing secure support for investors.
  • Due to DeFi allowing users to trade freely without external rules and influences, it has become an important financial component in the current situation.
  • The flexibility of DeFi allows users to choose and change rules in different market environments to meet their investment needs.
  • DeFi can provide reliable investment protection for investors, helping them cope with various uncertainties and promoting social stability.
  • DeFi gives users new rights to achieve more effective personal monetary management, sparking currency innovation and injecting vitality into the new financial system.
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