Five must-read articles in the evening | What is the significance of non-Ethereum L1?

Top 5 Must-Read Articles for the Evening | Understanding the Significance of Non-Ethereum Layer 1

1. Decoding POW Public Chain KasLianGuai: The Hidden Gem in Old Narratives

In recent times, the Bitcoin ecosystem has been hotly speculated by cryptocurrency investors. It seems like forging and purchasing engraved assets is the key to unlocking the wealth code. However, just like in old tales, another coin has skyrocketed. KasLianGuai, launched in November 2021, made its debut at the peak of the crypto bull market. But unlike most other coins that experienced a bear market in the following two years, it did not suffer a massive drop. Instead, it defied the odds and surged like a dark horse. As of now, the project’s token KAS has already seen an astonishing increase of approximately 70000%. How did KasLianGuai manage to achieve such a remarkable feat? And how much room for imagination does the future hold? Click to read.

2. Understanding FHE-Rollups in a Single Article: The First Rollup Architecture Based on FHE

On November 17, 2023, Fhenix released its whitepaper on fully homomorphic encryption (FHE) based Rollups. These Rollups enable secure on-chain transactions and private applications, allowing developers to build confidential L2 networks while maintaining compatibility with Ethereum. LianGuai0xjs has compiled the FHE-Rollups whitepaper. Click to read.

3. Pantera Partner: Use Cases and Existing Projects for the Integration of Cryptocurrency and AI

As the digital revolution continues to reshape our world, I believe there are two technologies in particular with disruptive potential: Artificial Intelligence (AI) and cryptocurrency. AI, with its ability to mimic human cognitive functions and learn from data, has recently surged to the forefront of technological innovation. The scale and transformative nature of AI applications, ranging from healthcare to entertainment, are enormous. With the support of robust blockchain technology, cryptocurrency holds the promise of a decentralized financial future, empowering individuals and simplifying processes. Click to read.

4. NFTs and ERC-6551: The Resurgence of a Rising Star

In 2023, trading volume for NFTs experienced a significant decline. The decrease in NFT liquidity can be attributed to a lack of innovation and playability. ERC-6551, Blend lending, and Opensea’s Deals could be the key to revitalizing the NFT market. The extent of the downturn in the NFT market largely depends on the performance of the broader cryptocurrency market. Click to read.

• The crypto industry’s wild spending spree
• Will Arkham (ARKM) rebound to a new all-time high after Binance investment?
• Shiba Inu: The Doge That Won’t Be Tamed

5. Ethereum vs Solana: What’s the Significance of Non-Ethereum L1?

After reading the discussions on X, it seems that many people have missed the fundamental debate behind the Ethereum vs Solana rivalry. The underlying discussion here is not just about comparing Ethereum and Solana, but rather how we can scale blockchain for mass adoption. To cut to the chase, I believe nothing is set in stone yet, and the issues at hand are not as simple as they seem. That’s great news because we still have time! Click to read.

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