ChainCatcher news, according to The Block, the Arweave ecological storage project ar.io launched its mainnet and token generation event on Thursday.ar.io claims to be "the world's first permanent cloud network." Through its core application ArDrive, AR.IO aims to compete with Web2 giants like Google Cloud and Amazon Web Services.

ChainCatcher news, the decentralized storage and data availability protocol Walrus announced that its mainnet will launch in March, and it will introduce its native token WAL, with a total supply of 5 billion tokens. 10% will be allocated to the Walrus User Drop, with 4% for the initial airdrop and 6% for future allocations.

ChainCatcher news, according to a report by Financial界, the Ministry of Industry and Information Technology and seven other departments have issued the "Action Plan for High-Quality Development of New Energy Storage Manufacturing Industry." It proposes to promote the widespread application of new generation information technologies such as blockchain, big data, artificial intelligence, and 5G in the new energy storage manufacturing industry.Accelerate the construction of smart factories, encourage the digital transformation of key processes in the production and manufacturing of new energy storage products as well as system integration, and apply online detection technologies such as machine vision, ultrasound, and infrared thermal imaging to optimize quality control systems. Improve the automation level of various new energy storage products in the production, packaging, and other links of raw materials. Support manufacturing enterprises in extending service chains and developing new models of service-oriented manufacturing.

ChainCatcher news, according to Cointelegraph, U.S. Senator Rand Paul called yesterday for an audit of the Fort Knox gold reserves led by Elon Musk's Department of Government Efficiency (DOGE) to verify whether it actually holds 147.3 million ounces (4,600 tons) of gold from the U.S. Treasury, sparking a debate about the transparency of Bitcoin compared to traditional assets and financial trust.The Fort Knox gold has not been audited for 50 years since 1974, primarily because the U.S. government has refused external audits on the grounds of national security, while its gold reserves are seen as a symbol of national credit, and public audits could trigger market volatility and a crisis of trust. Bitcoin supporters, including Senator Cynthia Lummis, stated: "Bitcoin solves this problem. Bitcoin reserves can be audited at any time through basic computers, year-round." Unlike physical gold, which requires external audits, Bitcoin allows anyone to verify ownership, supply, and transactions through the blockchain.Riot's research director Pierre Rochard said: "Gold requires trust in the auditor, while Bitcoin allows anyone to be an auditor." Bitcoin cannot be forged, whereas gold can. Although the U.S. has the largest gold reserves in the world, incidents of fake gold bars have occurred in recent years. In 2019, the CEO of Swiss refinery Valcambi admitted that counterfeiting technology has become increasingly sophisticated, suggesting that thousands of fake gold bars may go undetected. In contrast, Bitcoin cannot be forged, with a fixed total supply of 21 million coins, and its smallest unit, "satoshi," can be tracked on-chain. Bitcoin advocate Max Kaiser wrote in 2018: "Bitcoin is the most perfect hard currency humanity has ever known. Holding Bitcoin is a declaration of liberation from tyranny and government intervention, achieving individual sovereignty."

ChainCatcher news, according to The Block, Arweave aims to send the "genesis block" to the moon by utilizing molecular data storage technology from California-based Iridia, combined with the lunar lander from space exploration company LifeShip, with the goal of allowing this data to be stored for thousands of years.

ChainCatcher news, CryptoQuant CEO Ki Young Ju posted on X that combining on-chain and off-chain data, the current total Store of Value of the Bitcoin network has reached $1.03 trillion, an increase of 85% this year. From the SoV index trend chart he shared, it can be seen that this indicator shows a significant upward trend by the end of 2024, reaching a historical high.

ChainCatcher message, 1confirmation founder Nick Tomaino posted on the X platform stating: "ETH is the internet's native store of value, with the best monetary policy in the world. The supply of BTC will continue to increase, reaching 21 million by 2140.As the usage of DeFi, stablecoins, NFTs, prediction markets, SocialFi, etc. increases, the supply of ETH decreases, stake ETH, earn yields and HODL."

ChainCatcher news, according to information disclosed by Yu Xian, the founder of Slow Mist, the Humanity Protocol project team stores the plaintext private key directly in the browser's sessionStorage, provided that users log in using Web2 methods, such as email. The platform will automatically assign a wallet to users. Fortunately, this is just a testnet and has not yet caused any actual harm.

ChainCatcher news, during the "DeInsight 2024" annual summit held in Bangkok at Devcon, QuarkChain & EthStorage founder Qi Zhou delivered a speech themed "Building the World's Supercomputer for the Future of Web3."Qi Zhou shared that Ethereum is moving towards a scalability roadmap centered on rollups, characterized by: off-chain computation and on-chain verification; the introduction of DA (EIP-4844) significantly reduces L2 Tx costs; the absence of large-scale Web3 applications is mainly due to high entry costs, EVM performance limitations, limited storage space, centralized frontends, and high L1 verification costs.For more content from the conference, please check the following links:Video live link: https://www.youtube.com/live/tTVcUPumPysImage live link: https://www.pailixiang.com/album_ia7637038926.htmW

ChainCatcher news, during the "DeInsight 2024" annual summit held at Devcon in Bangkok, QuarkChain & EthStorage founder Qi Zhou delivered a speech themed "Building the World Supercomputer for the Future of Web3."Qi Zhou introduced the innovative platform "World Supercomputer (WSC)" which will drive on-chain storage and computing; it will leverage QuarkChain's computing power, EthStorage's scalable storage solutions, and an advanced content retrieval system of Web3 access protocols to provide a comprehensive decentralized solution that addresses the aforementioned issues in Web3 in an advanced manner alongside traditional computing systems.Qi Zhou stated that the developer network for the World Supercomputer project is ready, now built on the OP stack, which will utilize parallel EVM to achieve scalability and security for Ethereum L2; the EthStorage testnet based on Ethereum Sepolia has been launched, with costs around 500K Gas.For more content from the conference, please check the following links:Video live stream link: https://www.youtube.com/live/tTVcUPumPysImage live stream link: https://www.pailixiang.com/album_ia7637038926.html

ChainCatcher news, the decentralized storage platform MEMO recently announced that its Memo Megrez network will undergo an upgrade. MEMO will officially become a user-centric AI data cloud, providing comprehensive solutions for the integration of artificial intelligence and blockchain technology.It is reported that the MEMO network offers a full range of services, including data storage, computing, and content distribution. Enterprises and individuals can contribute idle storage resources through the MEMO network and monetize these resources through its incentive model to achieve stable income.After the network upgrade is completed, MEMO will provide a global data cloud network for AI enterprises, developers, and enthusiasts, supporting them in building and deploying decentralized AI models and applications.

ChainCatcher news, EthStorage & QuarkChain founder Qi Zhou confirmed attendance at the "DeInsight 2024" annual summit to be held on November 11 in Bangkok during Devcon. EthStorage is a modular decentralized storage Layer 2 that offers programmable key-value storage driven by data availability (DA). It provides a long-term DA solution for Rollups and opens up new possibilities for applications across the entire chain.QuarkChain has pioneered the creation of a super world computer—a fully decentralized L2 blockchain network with unparalleled scalability and security. QuarkChain leverages innovative gas tokens to attract billions of users and combines powerful computing capabilities, EthStorage's scalable storage solutions, a full-chain web3:// access protocol, and fast finality error-proof algorithms to provide a comprehensive decentralized solution that rivals traditional computing systems.The "DeInsight 2024" annual summit will be held on November 11 at Hotel Nikko Bangkok in Bangkok. This summit is co-hosted by ChainCatcher and RootData, with SoSo Value as a co-organizer, aiming to bring together elites in the Web3 field to exchange insights on the industry, and is expected to attract over 1,000 industry elites.In addition, the conference will unveil the RootData List 2024 annual heavyweight rankings, objectively selecting influential individuals or organizations in the industry from a data perspective.

ChainCatcher news, the encrypted cloud storage platform Storj has announced the appointment of Colby Winegar as CEO. He previously served as the Chief Revenue Officer of Storj for many years, driving key strategic partnerships, technology alliances, acquisitions, and new customers.Before joining Storj, Colby co-founded and led CrowdStorage. He scaled CrowdStorage to serve over 1,000 customers, including Western Digital and Vivint. Colby was also responsible for strategic partnerships and new growth opportunities at Vivint Smart Home, North America's leading smart home service provider, and established partnerships with Best Buy and Airbnb.

ChainCatcher message, Ethereum co-founder Vitalik Buterin published a new article titled "The Future Development of the Ethereum Protocol (Part Five): The Purge." The article states that one of the challenges facing Ethereum is that, by default, the expansion and complexity of any blockchain protocol tend to grow over time. This occurs in two areas: historical data and protocol features.To ensure the long-term sustainability of Ethereum, strong counter-pressure needs to be applied to both trends, reducing complexity and bloat over time. At the same time, one of the great features of blockchain needs to be preserved: permanence.The key goal of The Purge is to reduce the storage requirements for clients by decreasing or eliminating the need for each node to permanently store all historical records, and possibly even declaring them obsolete; and to lower protocol complexity by eliminating unnecessary features.

ChainCatcher news, the decentralized storage network Walrus Protocol has launched its public testnet. The public testnet of Walrus and its testnet token WAL are serviced by Sui as the coordination layer. Sui provides Walrus with a dedicated management architecture to store its global state and metadata, enabling fast consensus, composability, and the opportunity to integrate storage into smart contracts on Sui.The Walrus protocol can store and transmit large data files from any web2 or web3 source, including media content, audio files, videos, images, PDFs, and more. These large files are referred to as blobs, which are stored quickly and efficiently by Walrus, characterized by resilience, scalability, programmability, and security.

ChainCatcher news, according to official sources, the startup Botanika, focused on ultra-scalable decentralized data storage solutions, announced the completion of a $1.5 million angel round financing. This round of financing attracted 30 angel investors, including industry leaders such as Jasmine Zhang, General Partner at A&T Capital, and Aamer Chaudhry, Head of Accenture.

ChainCatcher news, according to official Catizen news, the option to deposit CATI tokens into on-chain non-custodial wallets is now available.