Decentralization

On March 7, Hemi&Pengfangwen, founder of WGFde Social, said in an interview that WGFde Social was the first social network platform to build the Ethereum Layer2 network Arbitrum as the infrastructure. The Ethereum two-layer network designed to be built by itself does not rely on any centralized server. The nodes agree to maintain the development of the network. The release and transmission of network information is anti-censorship and privacy. There is no need to rely on specific social accounts or domain names, which makes it easier for users to enter…

On March 7, the decentralized social network Bluesky supported by Jack Dorsey announced that it has supported users to register custom domain names as handles. Interpretation of this information: On March 7th, Bluesky, a decentralized social network, founded and supported by Jack Dorsey, made an announcement to its users. The platform has allowed its users to register custom domain names as handles. This implies that the users can now have a unique identifier for themselves, different from regular usernames. A handle is a term used to refer to an individual’s…

It is reported that Unity Technologies, the developer of Unity game engine, has launched a new set of decentralized technology tools for game developers who want to add decentralized functions to the game. Unity said that “decentralization” in the game environment refers to “ownership mode in the game, which allows players to create, earn or obtain in-game resources, and then they can sell or trade these resources.” Essentially, developers can now convert in-game assets into NFT and integrate their games with various blockchains and Web3 ecosystems. Interpretation of this information:…

It is reported that the reporter of the “Half Moon Talk” hosted by the Xinhua News Agency recently released an article saying that with the rise and fall of new technology concepts such as the Meta Universe and NFT, the current Internet, which has been running steadily for many years, is facing restructuring risks, and the challengers are trying to break the industry monopoly by using decentralization as a sharp edge. At present, many governments have paid close attention to and actively explored the development of Web3.0. Standardization organizations are…

According to the report, according to the governance website of the MakerDAO agreement, the MakerDAO community rejected the proposal of the United States Cogent to borrow $100 million from it, and about 73% of voters rejected the plan. Cogent Bank is a state chartered bank headquartered in Florida with total assets of more than US $1 billion. The company proposes to borrow up to US $100 million of DAI stable currency from Maker and will use the funds to provide loans to its corporate and industrial customers. Interpretation of this…

According to reports, Maji’s elder brother Huang Licheng @ machibigbrother said in a social media message: “I don’t need to keep thanking me for the cost I bear to decentralize OSF and Mando’s monkeys. What I do is for the community. You are welcome.” Interpretation of this information: The aforementioned message from Huang Licheng, also known as machibigbrother, was shared on social media and directed towards Maji, expressing his lack of need for gratitude for his contributions towards decentralizing the projects of OSF and Mando’s monkeys. He states that his…

It is reported that Salesforce, a cloud-based CRM software giant, is entering Web3 to help its customers face the future and establish contact with the new generation of customers. Marc Mathieu, co-founder of Salesforce’s Web3 Studio, said in an interview that with the industry hype and inflated digital asset valuation currently in a “suspended state”, the company believed that it was a good time for customers to start to try decentralized technology, including cryptocurrency wallets and NFTs. Interpretation of this information: Salesforce, known for its cloud-based CRM software, is reportedly…

It is reported that the decentralization agreement Effine raised $5.1 million in the seed round financing led by Jump Crypto and Hack VC, including the investment of Circle Ventures and Coinbase Ventures. Affine’s goal is to address the challenge of providing liquidity around impairment losses. The new funds will be used to expand the investment strategy and branch in the new chain. The Affine protocol is currently on Ethereum and Polygon. Interpretation of this information: The report states that Effine, a decentralized agreement, has raised $5.1 million in its seed…

It is reported that Coinbase announced the Ethereum L2 network base, which will be positioned as the home of products on the chain of Coinbase. Coinbase emphasized in the announcement that Coinbase is building encryption products based on the experience of the past decade and plans to gradually decentralize over time, but we do not plan to release a new Token. Interpretation of this information: Coinbase, a well-known cryptocurrency exchange, has revealed its plans to build its products on the Ethereum Layer 2 (L2) network. The company stressed its experience…

On February 17, it was reported that a Bitcoin core code administrator had left on Thursday. Currently, only 5 people have the right to modify the code. According to the previous statistics of Andrew Chow, the Bitcoin core developer, only 17 people including him have obtained the right to change the Bitcoin core code since its launch in 2009, including Nakamoto, Martti Malmi (Sirius, sirius_m), Gavin Andresen, Gloria Zhao (glozow), etc. Interpretation of this information: The recent departure of a Bitcoin core code administrator has sparked concerns over the concentration…

On February 15, according to PeckShield monitoring, Vitalik Buterin traded about 210 Ethereum to about 324400 USDCs and transferred them to Kraken. Interpretation of this information: The message states that on February 15, Vitalik Buterin, the co-founder of Ethereum, traded 210 Ethereum for 324,400 USDC and then transferred the funds to Kraken. PeckShield, a blockchain security company, reportedly monitored this transaction. This news has generated interest and speculation among the cryptocurrency community, as many are wondering why Buterin liquidated such a large amount of Ethereum and what his intentions are…

On February 14, CZ said in a speech on Binance’s official Twitter Space that most people underestimated the potential of BNB Greenfield. Greenfield will open up a new scenario for BNB in the field of data storage. After Greenfield goes online, more people will realize its impact on the market. BNB cannot only belong to one chain. There will be more chains to be launched in the future, and BNB will be more decentralized. Interpretation of this information: In a recent speech on Binance’s official Twitter Space, CZ, the founder…