Weekly Recommendation | Interview with Coin98 Co-founder Lê Thanh; Comprehensive Analysis of the BNS Speculation Boom
Lido governance is heading towards the bicameral structure of the U.S. Congress; Arthur Hayes believes that a real Bitcoin bull market will begin at the end of the third quarter and the beginning of the fourth quarter this year.Organizer: Biscuit, ChainCatcher
1. “Interview with Coin98 Co-founder: How Did We Evolve from a YouTube Channel to a DeFi Super App?”
How is the development of the Web3 ecosystem in Vietnam, and what opportunities remain? How to enter the Vietnamese blockchain market? Coin98 is a super DeFi application that integrates various functions such as wallet, DEX, and cross-chain, but it started with a YouTube channel at the end of 2017. Now, the team has grown to over 200 people, and its secret lies in: never leaving this market at any time.
2. “Exclusive Interview with Starknet Founder: Looking at the Stars, Keeping Feet on the Ground”
Eli (@EliBenSasson) is one of the earliest researchers to combine ZK technology with cryptography. He is the founder of Zcash and StarkWare, and the creator of zk-STARK. This technology standard is a crucial technical foundation for today’s Starknet and the entire crypto ZK track. In the interview, he shared his views on STARKs, SNARKs, and the Rollup track, as well as his expectations for the Starknet ecosystem.
3. “Is the Bitcoin Domain BNS Speculation Trend an Opportunity or a Risk?”
Domain names have become a new hotspot in the Bitcoin ecosystem following BRC20 and NFTs. Currently, based on the domain payment mechanism, Bitcoin domain (BNS) products can be roughly categorized into two types: one led by domain service providers with a rental payment system; the other being Ordinals text-based domains (.sats, .sat, etc.). So, what are the differences between these domains? What are their functions? How should we choose?
4. “‘No Chinese’: Arrogance and Prejudice at EDCON in Montenegro”
The five-day Ethereum 2023 Developer Community Conference concluded in Podgorica, the capital of Montenegro. During this high-intensity and high-density exchange and interaction, participants from different backgrounds seemed to gradually discover many conflicts in viewpoints and ideological differences, particularly the tension between practitioners from the Chinese-speaking world and their Western counterparts. This article analyzes the origins of these arrogance and prejudice.
5. “In-depth Discussion on Lido Governance: Checks and Balances in Power Structure”
Lido's recent innovative governance proposal has largely gone unnoticed. The core claim of this proposal is to support a "dual governance model," which means that in addition to LDO holders, stETH holders will also be granted governance rights over the Lido protocol.
When delving into the details of this proposal, it becomes clear that despite the DAO having novel features such as "self-executing smart contracts" and "governance tokens based on permissionless blockchains," the core governance issue ultimately boils down to building effective mechanisms.
This article will compare the dual governance model with the bicameral structure of the U.S. Congress, analyze their common methods of checks and balances, and explore their unique aspects.
6. “How is the zkSync Era Ecosystem Progressing Two Months After Launch?”
Just two months after its launch, @zksync ERA has already surpassed 680,000 independent wallet addresses, with a total ecosystem TVL reaching $338M, ranking fourth in layer2. Although there is still a significant gap compared to Arbitrum, the growth rate of its various metrics suggests that this airdrop battle will certainly soar. But how is the zkSync ecosystem progressing currently? What unknown variables remain in the decentralization process? This article provides an analysis.
On May 29, Binance CEO Zhao Changpeng revealed in an interview with Bankless that he faced failures when he first invested in stocks and cryptocurrencies, and "learned this lesson in a painful way." Regarding the current state of the cryptocurrency industry, Zhao clearly stated that the market is recovering from the bear market of 2022, but investors have a "mixed feeling" because no one knows what will drive future "explosive growth."
Trader Joe's core advantage lies in its resilient, well-delivering, and innovative core team. The good product experience and innovative liquidity order book have led to rapid user growth, with Arbitrum currently being the main engine for its business growth.
9. “Arthur Hayes Blog: Be Patient, the Bull Market Will Start in Q4”
The goal of this article is to explore why I believe that a real Bitcoin bull market will begin at the end of the third quarter and the beginning of the fourth quarter this year. Before that, calm down. Take a vacation, enjoy nature, and spend time with friends and family.
10. “Prisma Finance: Unlocking the Huge Potential of Liquid Staking Tokens”
Prisma Finance is a new type of DeFi native focused on unlocking the full potential of Ethereum liquid staking tokens (LSTs). Through Prisma, users can use liquid staking tokens as collateral to mint fully collateralized stablecoins (acUSD). This stablecoin will be incentivized on Curve and Convex Finance, providing users with additional yields such as trading fees, CRV, CVX, and PRISMA.
11. “What Are the 27 Projects That Received Investments from Top Crypto VCs in April?”
Even though the current market environment is still quite poor, investment events still occur daily, and top crypto VCs continue to make significant investments in NFT, Web3 games, CeFi, DeFi, L1&L2, Web3 services, infrastructure, and other sectors. Which sectors and projects are VCs currently optimistic about? This article will list 27 projects that received investments from top crypto VCs in April to help readers quickly understand.
High issuance costs have always been one of the reasons affecting the Bitcoin NFT market. Although there have been many BRC-XXX protocols emerging recently, the author believes that BRC-1155 and GBRC-721 strike a good balance between maintaining the "original flavor" of Bitcoin NFTs and reducing issuance costs.
13. “A Web3 Entrepreneur's Reflection on Failure”
About a month ago, the zkSync ecosystem's decentralized perpetual contract protocol Phezzan Protocol notified the community of its decision to shut down the project. On May 29, Phezzan Protocol founder Roland published an article on his personal Twitter, reflecting on the experiences and lessons learned from his failure at Phezzan Protocol, covering various aspects such as financing, team building, and community operation, which may provide some insights for other entrepreneurs working in the Web3 field.
