Research Summary
The report provides weekly updates on various blockchain projects. Highlights include Ethereum’s 115th ACDC meeting, the launch of Base mainnet by Coinbase, Fantom’s exploration of Optimistic Rollup integration, DeBank’s testnet launch, and a collaboration between Microsoft and Aptos for AI-powered blockchain solutions. Additionally, the report covers significant milestones, such as Ethsubscriptions surpassing one million minted tokens and regulatory investigations into Worldcoin’s handling of personal data.
Key Takeaways
Ethereum’s Weekly Summary
- ACDC Meeting Insights: Discussions in the 115th Ethereum All Core Developer’s Consensus Meeting covered topics such as the release schedule for Devnet 8, deployment strategies for EIP-4788, and changes to the CL fork selection specification.
- Devnet 8 Launch: Developers agreed to initiate Devnet 8 for the upcoming Cancun upgrade, and Ethereum Foundation is engaging third-party audit services for review.
- Ethsubscriptions Milestone: Ethsubscriptions surpassed one million in total minted tokens, accumulating around 37,000 users and facilitating over 97,000 transfers.
Base’s Weekly Summary
- Base Mainnet Launch: Coinbase’s Base mainnet officially opened to the public, with Total Value Locked (TVL) reaching $187 million, surpassing StarkNet.
- Social Application “Friend Tech”: The social application on the Base network gained significant attention, attracting over 14,000 users and facilitating more than 190,000 transactions.
Fantom’s Integration with Ethereum
- Optimistic Rollup Integration: Fantom Foundation is considering integrating Optimistic Rollup to connect Fantom with the Ethereum network, enabling more liquidity from the Ethereum ecosystem.
DeBank Chain Testnet Launch
- Launch of DeBank Chain Testnet: DeBank announced the launch of its testnet for DeBank Chain, built on top of the OP Stack, aiming to debut its mainnet in 2024.
Microsoft and Aptos Collaboration
- AI-Powered Blockchain Solution: Aptos announced a partnership with Microsoft to develop AI-powered blockchain solutions, including a chatbot called Aptos Assistant.
Actionable Insights
- Prepare for Devnet 8: Ethereum developers and stakeholders should prepare for the upcoming Devnet 8 launch, part of the Cancun upgrade.
- Monitor Base Mainnet Performance: Investors and users should monitor the performance of Coinbase’s Base mainnet, as it has surpassed StarkNet in Total Value Locked (TVL).
- Consider Opportunities in Fantom: The integration of Optimistic Rollup with Fantom may present new opportunities for liquidity and connectivity with the Ethereum network.
- Stay Informed on Regulatory Actions: Businesses handling personal data should stay informed about regulatory actions, such as the investigations into Worldcoin, to ensure compliance with privacy laws.
- Assess Impact of Shutdowns: The potential shutdown of Saddle Finance and SpiritSwap may impact the decentralized finance (DeFi) landscape, and stakeholders should assess the implications.
