Daily Edition · Page 6

THE DAILY INDEX

Technology, AI, software, security, crypto and business

MARKETS & BUSINESS

TLDR Crypto

WHY VCS ARE SO BULLISH ON THE TON TOKEN

VCs like Pantera Capital are particularly excited about TON as a distribution play due to its exclusive integration with Telegram and its 900 million monthly active users. It's slowly becoming a hub for mini-apps in gaming, payments, and other use cases that could explode in popularity overnight. The network is still in its early stages. Its most significant risk is being solely reliant on Telegram, and therefore app issuers Apple and Google, for support.

ORBIT SSF: SOLO-STAKING-FRIENDLY VALIDATOR SET MANAGEMENT FOR SSF

Orbit SSF uses a stable core of large validators and a rotating group of smaller validators to achieve high economic security with a smaller, but still sufficient, number of nodes so that single slot finality is not constrained by validator set economics. It selects validators based on proportionate balance, adjusts rewards for proper compensation, and uses issuance curves to incentivize consolidation without overly penalizing smaller validators.

EPOCHS AND SLOTS ALL THE WAY DOWN: WAYS TO GIVE ETHEREUM USERS FASTER TRANSACTION CONFIRMATION TIMES

Ethereum blocks confirm within 5-20 seconds, though applications like rollups could benefit from sub-second latency. Single-slot finality improves block finality from 13 minutes to 15 seconds and makes Ethereum consensus look closer to Tendermint, but adds significant load to the communication layer. Based preconfirmations allow Ethereum validators to offer promises about the eventual inclusion of a transaction into a future block. L2s should optimize for Ethereum's base layer properties, be a “server with blockchain scaffolding,” or compromise with a fast chain and Ethereum interoperability/security.

CRYPTO-POWERED STATUS GAMES

This author explores the interplay between social and financial capital in social finance (SocialFi) platforms, emphasizing the design space for creating engaging, high-skill information games that can financialize social networks. They categorize social platforms into four types — cozyweb, influencer, professional, and earner — based on their focus on social versus financial capital and whether the dynamics are implicit or explicit.

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