Daily Edition · Page 6

THE DAILY INDEX

Technology, AI, software, security, crypto and business

MARKETS & BUSINESS

TLDR Crypto

INFINITYVM: ENSHRINING OFFCHAIN COMPUTE

InfinityVM introduces a new execution architecture that natively integrates offchain compute. It aims to overcome the limits of traditional blockchain models by allowing apps to execute offchain while ensuring only honest results are included onchain. It also enables ZK proofs without constraints, allowing results to be utilized instantly. Thanks to InfinityVM, blockchains can become mechanisms for trustlessly verifying centralized compute, combining the performance of optimized servers with blockchain guarantees.

GLUE AND COPROCESSOR ARCHITECTURES

Modern resource-heavy computation is split into two parts: complex but light “business logic” and intensive but structured “expensive work.” This pattern, called the glue and coprocessor architecture, is increasingly prevalent in Ethereum, AI, and programmable cryptography. Glue prioritizes generalizability and flexibility, while coprocessors focus on efficiency for specific tasks. By optimizing for different parts of computation separately, performance, security, and developer-friendliness are improved.

TELEGRAM'S HISTORY: FROM ITS EARLY DAYS TO TONCOIN AND CONTROVERSIES

From its start focusing on privacy and innovative features like encryption and expiring messages, Telegram has grown significantly while continually clashing with governments over privacy issues. Despite setbacks like the halted TON blockchain project, Telegram continues to be a major messaging platform that is pushing boundaries by leveraging crypto while maintaining user privacy and content security.

A THOUGHT EXPERIMENT ON CENTRALIZATION AND FORKING AND BTC PURITY

With over $100B+ of centralized stablecoins on chains like Ethereum and Solana, Circle and Tether have outsized influence over future chain forks. If the government decides to fork Ethereum, it could force Tether and Circle to comply. This is the primary reason a chain like Bitcoin, with little centralized control and a decentralized store-of-value asset, remains unique: you can't be the best payment rails and a pure SOV asset.

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