Polygon Labs (MATIC Coin) announced that Plonky3 is ready! Uniswap Labs launches wallet browser extension on Chrome. Stripe enables BTC, ETH and SOL purchase options on EU. And more…
News from UNI, MATIC Coin and these 4 altcoins!
Polygon Labs (MATIC Coin) announced that Plonky3 is ready!
Polygon Labs researchers announced that Plonky3, the latest version of the zero-knowledge proof system, is “production ready” for developers. Thus, with the latest version of the open-source and modular proof system, Polygon (MATIC Coin) aims to enable developers to create their own zk virtual machines (zkVMs) or zk Ethereum virtual machines (zkEVMs). These are customized Blockchain environments that can use zero-knowledge proof to verify the validity of transactions. That is, they are essential for scaling dapps.
Polygon Plonky3 is an improvement of Plonky2, which was released in 2022 as a fast ZK proof system. Plonky3 reduced the time needed to generate proofs, making it faster than Plonky2. This development will further reduce the computational overhead and costs associated with generating and verifying proofs on the ZK rollup Blockchain. Blockchain projects such as Valida and Succinct Labs’ SP1 have already adopted Plonky3. SP1 in particular is using Polygon Plonky3 to efficiently prove out arbitrary Rust code. Succinct is contributing to the development of Plonky3.
Ava Protocol’s mani-net launched on Ethereum
Ava Protocol, a leading Web3 infrastructure project, has launched main-net on Ethereum (ETH), introducing a new system for automating smart contract transactions. The new development allows developers to use Ava Protocol’s transaction automation, privacy features, composability and other features in their decentralized applications (dApps) in the Ethereum ecosystem.
Ava Protocol’s activation model revolutionizes on-chain transactions through autonomous “super-transactions” based on specific triggers such as time, price changes or smart contract updates. This simplifies automation processes, reducing technical barriers for developers and improving the user experience. Chris Li, Founder of Ava Protocol, expressed his excitement for the launch, saying
With the support of our partners and community, we have reached a pivotal point in our mission to deliver automated super transactions on Ethereum. Ava Protocol’s main-net launch will unlock new use cases for autonomous transactions powering smart contracts. We are excited to showcase the versatility of EigenLayer’s AVS technology in addressing critical web3 automation challenges.
Uniswap Labs launches wallet browser extension to the public
Uniswap Labs, which founded the decentralized exchange Uniswap, has opened its wallet browser extension in Chrome to the public. Users can add the extension to their browser via Google’s Chrome Web Store. They can then set up a new Uniswap wallet or import an existing one. The extension works with Ethereum, Base, Arbitrum, Optimism, Polygon, Blast, ZKsync, Zora Network, BNB Chain, Avalanche and Celo Blockchain networks. Uniswap Labs made the following statement on the subject:
The Uniswap Extension lives in your browser’s sidebar and stays with you wherever you are on the web. No more pop-ups or easy-to-close transaction windows. Swap, sign trades and send or receive crypto right from the sidebar.
Stripe enables BTC, ETH and SOL purchase options in the EU
As you have been following from Kriptokoin.com, financial technology company Stripe is expanding its crypto integration to the European market. In this context, the platform enabled shoppers to purchase cryptocurrencies, including Bitcoin, Ethereum and Solana, using a credit or debit card. Founded by Irish-born brothers Patrick and John Collison, Stripe’s decision is part of a move to make it easier to conduct “normal transactions” using digital assets. Online sellers using Stripe’s technology can now add a crypto purchase widget to their sites, which also manages fees, disputes and KYC compliance.
OKX delisted SUN!
SUN, an altcoin listed on major cryptocurrency exchanges such as Binance and OKX, has attracted a lot of attention recently due to significant price movements on OKX. In just two days, SUN’s value quadrupled on the exchange, while no such movement was seen on other platforms. However, OKX decided to delist SUN, which resulted in a sharp drop in its price. The exchange stated that they regularly evaluate the performance and quality of all listed trading pairs to ensure a reliable trading environment. Based on user feedback and in accordance with the Token Listing Termination and Concealment Rules, OKX has decided to delist certain trading pairs that do not meet its criteria.
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