Hey hey, Web3 warriors! 🌟 Welcome back to our Web3 Weekly Pulse, your ultimate source of all things Web3!
So, grab your coziest spot, whether it's a snuggly couch or a fluffy beanbag, and let's get ready for a thrilling dose of Web3 magic! 🎉 We've got all the latest trends, mind-blowing infrastructure updates, and thrilling happenings in your favorite Web3 ecosystem.
Sit tight and get ready to be blown away by this week's edition of Web3 Weekly Pulse!
1️⃣ Axelar, a cross-chain protocol, has partnered with tech giant Microsoft to facilitate the connection between public and private blockchains. This collaboration marks a notable milestone, as Axelar becomes the first cross-chain protocol to be featured on Microsoft's Azure marketplace, an essential hub for developers in the tech industry. Through this integration, the alliance aims to bolster interoperability and foster seamless communication between different blockchain networks, potentially unlocking new possibilities and use cases in the decentralized ecosystem.
Ana Paula Pereira
2️⃣ Worldcoin, a cryptocurrency and digital identification initiative, has achieved a significant milestone with over two million users registering for its "global identity protocol," known as World ID. As of July 13, the World ID project, currently in beta testing, has surpassed the two million user mark in an impressive timeframe, achieving this milestone in less than half the time it took to reach the first million users. This rapid adoption and interest in World ID underscore the growing importance and demand for secure and decentralized digital identity solutions in the cryptocurrency space.
Tom Mitchelhill
3️⃣ cLabs, the primary developer responsible for the Celo blockchain, has put forth a proposal to shift its network architecture from Layer 1 to Layer 2, constructed on the Ethereum platform. This strategic move aims to utilize the OP Stack provided by Optimism to facilitate the migration process and fulfill the specific needs of the Celo blockchain. By transitioning to a Layer 2 solution on Ethereum, cLabs intends to enhance the scalability, efficiency, and overall performance of its blockchain network.
Vishal Chawla
1️⃣ Safe, formerly known as Gnosis Safe, has recently integrated support for "ERC-4337," a notable Ethereum feature enabling account abstraction. Account abstraction empowers wallets to operate as smart contracts and implement sophisticated functionalities. By incorporating this feature, Safe enhances its capabilities, enabling users to perform more advanced operations and interactions on the Ethereum blockchain.
Vishal Chawla
2️⃣ ConsenSys has launched its layer-2 network, Linea, on the main Ethereum network. This marks a significant step towards enhancing Ethereum's scalability and accessibility. With Linea and other zkEVM projects, Ethereum aims to overcome its high fees and accommodate a wider range of users and use cases. Rollup networks like Linea offer lower transaction costs and improved scalability, making Ethereum more practical for mass adoption. As layer-2 solutions gain traction, Ethereum's potential as a widely adopted blockchain platform becomes more feasible, fostering greater participation in the decentralized economy.
Sam Kessler
3️⃣ In a blog post on July 13, Coinbase's Base mainnet development team announced that the network is now open for builders. This move is aimed at facilitating user onboarding and giving developers more time to explore and build on the network before its public launch. The team has scheduled the public launch of Base for August, signaling its commitment to further advancing and expanding the network's capabilities. This strategic approach allows for a smoother transition and ensures a robust ecosystem as Base prepares to welcome users and builders to its platform.
Tom Blackstone
Ethereum
Number of active validators reached 655k, churn limit increased to 10 activations/exits per epoch. - link
Polygon
Polygon Labs teases Polygon 2.0, proposing POL token. - link
BNB Chain
BNB's Hackvolution is offcially commenced on July 13 and last until to September 1. - link
Optimism
Projected total user savings since bedrock migration reached $1 million - link
Arbitrum
The 1st phase of the Arbitrum Ambassador Program is live. - link
Avalanche
It was chosen by Legitimatetech to launch an NFT sneaker collection that grants owners access to exclusive music content. - link
Sui
Sui took less than 70 days after Mainnet launch to achieve 1M active addresses. - link
Aptos
Aptos and Pyth team up to deliver sub-second oracle updates - link
About NodeReal
NodeReal is a one-stop blockchain infrastructure and service provider that embraces the high-speed blockchain era and empowers developers by “Make your Web3 Real”. We provide scalable, reliable, and efficient blockchain solutions for everyone, aiming to support the adoption, growth, and long-term success of the Web3 ecosystem.
Join Our Community
Join our community to learn more about NodeReal and stay up to date!