Welcome to the protocol, the weekly conclusion of Coindesk of the most important stories in the development of cryptocurrency technology. I am Ben Schiller.
In this number:
- Vana launches the Token standard
- Hashgraph will debut private blockchain
- Asics will look more like servers
- An interview with Ben Fielding from Gensyn
This article appears in the last issue of the protocol, our weekly newsletter that explores the technology behind Crypto, one block at the same time. Register here to get it on your entrance tray every Wednesday.
Network news
Token standard backed by vain data: Cryptographic enthusiasts could have heard of the Token ERC-20 standard, which provides guidelines to ensure that tokens created in the Ethereum’s intelligent contract block chain are compatible and can interact with other tokens and applications within the network. A similar standard for tokens backed by data, called VRC-20, has emerged. Vana, a layer 1 block chain compatible with EVM that helps users monetize personal data when grouping it in date for the training of the AI model, introduced the new standard earlier this week to increase trust and transparency in the market for digital assets backed by data. The VRC-20 standard design includes specific criteria, such as fixed supply, governance and liquidity rules, while guaranteeing real data access by linking tokens to real data usefulness. In addition, it promotes continuous liquidity through rewards that ensure market stability. “This is not speculation. This is a real data financing,” Vana said in X. Vana launched its netnet in December, with vain as its native cryptocurrency. Since then, the Network has incorporated more than 12 million data points through multiple data, which reflects a strong demand for user owned. Data or data liquidity groups are decentralized markets that carry the data in the chain as transferable digital tokens. The DLP are where the data is provided, tokenized and prepared for use in applications such as the training of the AI model. – Omkar Godbole Read more.
HASHGRAPh aligns the private chain Q3: Hashgraph, the Blockchain Development Firm that focuses on the Hedera Net The company, the company, the company, the company, the company, the company, the company according to the company. Hashgraph is looking to provide services to assets, banks and payment suppliers that seek safe and low -cost cross -border transactions with stablcoins. While public block chains offer safety and transparency, companies in industries such as finance and payments often face compliance challenges, particularly with their customers (KYC) and money liberator requirements (AML). HASHSPHER addresses this restricting access to verified participants, which allows companies to develop tokenized assets, services with AI and other products based on blockchain while complying with regulatory standards. The network also integrates the existing hedera tools, including the Token service to administer digital assets and consensus service to register transactions with reliable time marks. The platform is compatible with the Ethereum virtual machine (EVM), which allows developers to implement decentralized applications using solidity and other EVM languages. – Kris Sandor Read more.
Asics to be more as servers: At first, there was only CPU, then GPU, for Bitcoin mining. Then came the powerful Asic in 2013, and with it, the “shoe box” factor that has become emblematic of the Bitcoin mining industry. What comes next? Asic manufacturers are increasingly betting on a hydrolas cooled server shelf design to become a substantial portion of Bitcoin mining fleets, which are inclined to cool “direct to chip” to obtain greater efficiency gains. Last September, Bitmain announced that its U3S21Exph model was developed in an association with HUT 8. Its U3 design means that a unit occupies three spaces on a traditional server shelf. Microbt soon continued with his Hydro M63 series, as did Bitdeer’s Sealminer A2 hydroelectric unit. Following its example, Auradine launched its server shelf model, the AH3880, this March. Its U2 design, which occupies two server slots, is a little smaller, but includes more hashrate per unit of space at 600 th/s (or 300 th/s per slot) versus 860 t/s of bitmain (286.66 th/s per slot). The benefit of an ASIC server shelf is in standardization. Bitcoin miners increasingly march to the intention of the traditional data centers industry, and that industry could see 40% of direct cooling of the chip for 2026, according to the Data Center developer Cyrus One. If the miners adopt this design, then in theory, they can optimize their supply chains converging into designs of servers that are becoming the best practice in the sector Large data centers. – Colin Harper, blockspace Read more.
GENSYN BEN Fielding CEO: Ten years ago, when he was still a young A -researcher who began his doctoral song, Ben Fielding explored how the “swarms” of AI, groups of many different models, could speak with each other and learn from each other, which could improve the whole collective. There was only one problem: he was handcuffed by the realities of that noisy machine under his desk. And he knew that Google and other great technologies attacked him. The limitations of calculating would always be a problemrealized. The solution? Ai decentralized. Fielding co -founded Gensyn (along with Harry Grieve) in 2020, or years before the decentralized AI became fashionable. The project was initially known to build a decentralized calculation, but the vision is actually more broad: “The network for the intelligence of the machine”. They are building solutions in the technological battery. And now, a decade after the noisy Fielding desk brought to his laboratory partners, Gensyn’s first tools are in nature. Gensyn recently launched its “RL Swarms” protocol (a descendant of Fielding Doctoral work) and has just launched its Netnet, which takes blockchain to the fold. Fielding spoke with Jeff Wilser about the swarms of AI, how Blockchain fits the puzzle and shares why all innovators, not only technological giants, “should have the right to build automatic learning technologies.” – Jeff Wilser Read more.
In other news
- Web3 lacks a dedicated memory layer, which makes its current architecture inefficient and difficult to climb. Random linear network coding (RLNC) offers a solution by improving data spreading and storage efficiency in decentralized systems. RLNC implementation can address web3 scalability challenges optimizing memory and access to data without compromising decentralization, says Muriel Médard, co -founder of Optimum. Read your opinion article here.
- Ripple, a Blockchain service centered on the company closely linked to the Ledger XRP (XRP), said Wednesday that it has integrated its stablecoin to the company’s cross -border payment system to boost the adoption of Ripple USD (RLUSD). Selected Ripple payments, including cross -border payments, BKK Forex and Isend are already using the stablecoin to improve their treasure operations, said the company. Ripple plans to further expand the availability of your token token from payments customers. Rlusd reached a market capitalization of $ 244 million, growing 87% during the past month. – Kris Sandor informs.
Regulatory and political
- The US stock and values commission. UU. Has retired or detained in more than a dozen cases in progress (and lost one) since the president of the United States, Donald Trump, resumed the office just over two months ago and appointed Commissioner Mark Uyeda as interim president. Here is a summary of what remains in the application file. – Nik of reports.
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