Delphi Digital: BF-FRI makes L1 verification more efficient
Delphi Digital, a research institution in the cryptocurrency field, released a special research report titled "The Dawn of Bitcoin Programmability: Paving the Way for Rollups", which provides a detailed analysis of Rollup-related technologies and development status in the Bitcoin ecosystem. In the project introduction section, Delphi Digital focuses on the solution and technical characteristics of Bitlayer, a native Layer 2 network of Bitcoin, including the zkSTARK proof system, the original Bitcoin-Friendly FRI component, the challenge mechanism based on BitVM2, and the OP-DLC dual-channel asset bridge. The report states that Bitlayer's unique Bitcoin-Friendly FRI reduces the number of states that need to be disclosed by 2/3, which could make L1 verification more efficient.
Fantom launches $6.5 million development fund, betting on safer memecoins
Layer-1 blockchain Fantom is using a grant of $6.5 million worth of native FTM as a development fund to promote the idea of safer meme coins, in an attempt to gain a share of this nearly $50 billion market. Solana and Coinbase's Ethereum Layer-2 network Base accounted for the majority of trading volume in the recent meme coin frenzy. However, up to one-sixth of meme coins on Base were exposed as scams, and at least 12 sizable meme projects on Solana were quickly abandoned by their founders after raising $26.7 million.
Injective announces integration of multi-chain domain name protocol Clusters
L1 public chain Injective has announced the integration of the multi-chain domain protocol Clusters on X platform. Clusters now officially supports Injective addresses, which means that Injective chain users and wallets can directly have a shared identity on Ethereum, Injective, and Solana.
The Layer1 sector generally rose, with APT rising by 20.5% in 24H and AVAX rising by 19.6% in 24H.
OKX market shows that the Layer1 sector is generally rising, including: FTM 24H increase of 29.2%, now reported at 0.97 USDT; APT 24H increase of 20.5%, now reported at 15.2 USDT; AVAX 24H increase of 19.6%, now reported at 60.4 USDT; SUI 24H increase of 18.3%, now reported at 1.66 USDT; SOL 24H increase of 14%, now reported at 191 USDT.
Ubisoft announces becoming XPLA ecological node validator
Gaming giant Ubisoft announced that it has joined the Layer 1 blockchain XPLA ecosystem based on Tendermint as a node validator. It is reported that Ubisoft will participate in the decision-making of governance proposals and contribute to the generation of "synergy" in gaming and the verification process. Earlier this year in February, XPLA announced the completion of its strategic financing round, with participation from Singaporean investment firm Play Venture.
Aptos Labs launches passwordless key authentication to sign transactions
Aptos Labs has launched a passwordless key identity verification method for signing transactions on its Layer1 network. Users can log in using Touch ID or Face ID, and their private keys will be stored directly on their device and synchronized with backup providers (iCloud or Google Password Manager). They can sign transactions directly using a universal key.
Telos Foundation appoints former Consensys and Polygon contributor as executive director
Telos Foundation, behind the Layer1 blockchain Telos, appointed John Lilic as Executive Director. John Lilic previously worked at Consensys and also served as an advisor at Polygon.
Stratis: Interflux Bridge is now closed
On December 24th, blockchain technology company Stratis announced on social media that Interflux Bridge has been closed and will continue to complete the migration of Stratis to the StratisEVM platform.<br>A previously reported that on November 15th, blockchain technology company Stratis announced that the community vote on "launching the EVM Layer1 network" had been approved and token replacement would take place in December. The original token STRAX will be replaced at a ratio of 1:10 with STRAT, which will serve as the native token of the new network.
Lisk will transition from Layer1 to Ethereum Layer2
Lisk is collaborating with Optimism and Gelato to transition from a Layer1 solution to an Ethereum Layer2 solution. As part of the transition, Lisk will migrate its LSK token to Ethereum. The Layer2 testnet deployment plan is scheduled for the first quarter of 2024.
Helius CEO: Next-generation L1 is likely to dominate the market in 2 to 3 years
Helius CEO Mert Mumtaz stated that in the next 2-3 years, the next generation of Layer 1 blockchain may dominate the market, with Solana currently in a leading position, and the shares of projects such as SUI, APTOS, SEI, MONAD, and Fantom will also continue to increase.
