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Cardano founder: Next-generation crypto projects need to build more collaborative token economics and market structures

ChainCatcher news, according to Cointelegraph, Cardano founder Charles Hoskinson stated that the next generation of cryptocurrency projects needs to adopt a more collaborative strategy to counter the large centralized tech companies that are entering the Web3 space.He pointed out that the cryptocurrency and DeFi sectors are often limited by a "circular economy," where the rise of one cryptocurrency often comes at the expense of capital flowing out of another token, hindering the growth of the entire industry. To effectively respond to the competition from centralized tech giants in the Web3 space, cryptocurrency projects need to build more collaborative token economics and market structures.Hoskinson mentioned that the current token economics and market structures in the cryptocurrency field are at odds with each other, and there needs to be a shift towards cooperative balance. Existing projects often sacrifice others for their own development, which is detrimental to industry progress and makes it difficult to fend off future entries from giants like Apple and Google. He anticipates that the U.S. market structure bill may pass before September, at which point the giants will flood in, and the cryptocurrency sector must build infrastructure to respond. To this end, Cardano is developing a multi-resource consensus protocol called Minotaur to unify payment block rewards.

Sei Network Larry: Building the fastest parallel EVM Layer 1, TVL surged 85.62% in the past month, exceeding 400 million USD

ChainCatcher news, according to official sources, Sei Network DeFi head Larry delivered a keynote speech titled "The Fastest Parallelized EVM Layer 1" at the "OKX Web3 Night" event.Larry stated that Sei is committed to scaling the Ethereum Virtual Machine (EVM), aiming to achieve a throughput of 5 billion gas per second. Through parallel execution, rapid consensus, and optimized storage, Sei has built the highest-performing EVM in history. In the future, the EVM will be rebuilt from scratch, focusing on three main areas: consensus, storage, and execution. The Giga upgrade will further enhance Sei's performance by optimizing the consensus mechanism and increasing network throughput. After the upgrade, Sei's TPS (transactions per second) is expected to double to 10,000 TPS, meeting the needs of enterprise-level large-scale applications.According to Defillama data, Sei Network's TVL has grown by 85% over the past month, ranking first among all public chains. Notably, several high-growth projects have emerged within the Sei ecosystem, such as Yei Finance, Sailor Finance, and Silo. Among them, the leading DeFi protocol Yei Finance is leveraging Sei's high-performance public chain characteristics to create a full-chain liquidity market, integrating multi-chain lending and trading to provide on-chain users with a user experience comparable to CEX.
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