Must-read in the evening | Understanding the ‘World Coin’ by OpenAI Founder in One Article

Understanding the 'World Coin' by OpenAI Founder in One Article - a must-read in the evening

1. Why is Musk so fond of “X”?

As one of the most ambitious entrepreneurs of our time, Musk’s every move is under the spotlight. Musk’s latest move is to completely change the classic “little blue bird” logo of the well-established social media platform Twitter. Twitter, founded in 2006 and known for its name derived from the sound of birds chirping, has been using the “little blue bird” as its visual identity since its inception, but it has now been replaced by a prominent white “X”. Click to read more

2. Worldcoin: The dystopian nightmare of cryptocurrency

Are you willing to give up your freedom and identity for some worthless tokens? A new cryptocurrency project has just been released, and it is one of the worst and most disgusting things ever. Click to read more

3. No worries about secure cross-chain? Understanding the cross-chain token standard xERC20

On July 25th, Layer 2 interoperability protocol Connext announced the launch of the cross-chain token standard xERC20 (ERC7281), aiming to improve the security of token cross-chain transactions. The protocol was proposed by Arjun, a contributor to Connext. Arjun’s inspiration came from the impact and spread of the Multichain vulnerability. Since July 7th, a total of $265 million has flowed out of Multichain, distributed across Ethereum, BNBChain, Polygon, Avalanche, Arbitrum, Optimism, Fantom, Cronos, and Moonbeam chains. $65.82 million has been frozen by Circle and Tether, and 1,296,990.99 ICE (approximately $1.62 million) has been burned by the token issuer. Click to read more

4. UniswapX: Opening the gateway to Uniswap V4 DeFi experimental base

The recently launched UniswapX is currently in the opt-in beta version and is expected to play a role as a full-chain router, structurally impacting existing aggregators and cross-chain bridge tracks. The most immediate impact perceived by the market is the siphoning of trading volume from the aggregator market (such as 1inch, Cowswap, etc.) in the race of trading fees. After the launch of UniswapX, the price of 1inch has seen a significant decline. Click to read more

• Opinion Stack’s ability for generalized decentralization is worth paying more attention to, while the narrow decentralization between components such as L2 internal Sequencer and Verifier is more important.
• Worldcoin The Dystopian Nightmare of Cryptocurrency
• The Game of Trust Rollups Controlled by Multisig and Committees

5. Understanding the “Worldcoin” of OpenAI’s founder in one article

Almost everyone has had this dream: “Doing nothing and getting money every day.” Now, this seemingly absolute “daydream” has a real chance of becoming a reality. On July 24th local time, Worldcoin, a cryptocurrency co-founded by Sam Altman, the head of OpenAI, officially went online. Shortly after its launch, Worldcoin surged from an initial price of $1.70 to $3.58, with a first-day price increase of 111%. What exactly is Worldcoin, and what is the connection between it and the AI superstar Sam Altman? What ambitions does Sam Altman hide behind Worldcoin? Click to read more

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