Daily Edition · Page 6

THE DAILY INDEX

Technology, AI, software, security, crypto and business

MARKETS & BUSINESS

TLDR Crypto

COINBASE TO BRING TRADFI ASSETS ON-CHAIN WITH NEW PLATFORM BUILT ON BASE UNDER ABU DHABI REGULATOR'S OVERSIGHT

Coinbase is launching "Project Diamond" to blend traditional finance and crypto. This platform, incorporating Coinbase Prime’s custody service, will allow institutional investors to issue and trade digitally native debt instruments using Base, Coinbase's Ethereum scaling network. The platform, already approved in principle by Abu Dhabi's FSRA, is anticipated to increase efficiency and transparency for financial transactions.

CELESTIA’S HIGH-THROUGHPUT, MODULAR DA LAYER TO INTEGRATE WITH POLYGON CDK IN CRYPTO’S BROADBAND MOMENT

Blockchain scaling solution Celestia is partnering with the Polygon Chain Development Kit to facilitate the launch of high-throughput L2 chains on Ethereum. The move will reduce Ethereum L2 transaction costs by more than 100 times, using Celestia's data availability solution. It will be available as a feature in Polygon CDK's customization options starting early next year.

WALLET INFRASTRUCTURE: EMPOWERING THE NEXT GENERATION OF DAPPS

This article provides a deep dive into the advancements and implications of account abstraction and wallet infrastructure in web3. It sheds light on how this new innovation allows the decoupling of account management from key management, improving the user experience and facilitating seamless onboarding for dapps. Additionally, it discusses the potential of smart accounts, modular account infrastructure, key management techniques, and the role of various elements like account factories, relayers, and signers.

CELESTIA DEEP DIVE

This thread provides a deep dive into Celestia, which has been gaining attention with its novel data availability network. Unlike traditional blockchains that merge all functions into one layer, Celestia separates the consensus and application execution components, allowing applications to access state more easily without also changing blockchain state. This type of functionality enables a variety of different scaling methods that would not be available otherwise.

THE CURRENT STATE OF STORAGE PROOFS

This post discusses the ways in which storage proofs can be generated and verified across various blockchain networks, like Ethereum. It highlights the limitations in state root availability and verification costs, and presents several solutions, methods, and protocols including zkSNARKs, MPT, KZG, Recproofs, Verkle Proofs, etc, for more efficient and secure storage proof generation and verification. The author suggests potential ecosystem optimizations like direct data reading, shared sequencing, rollups, and Verkle tree structures.

TLDR IndexPage 6