[{"data":1,"prerenderedAt":204},["ShallowReactive",2],{"DlFXI4Eibt_Bn9lrEZz1TYbHCWFZj3IvqwHQSEW-Exc":3,"OxEO9vC4vQhozU_6kJvL6cixo9MnWKd9NwMCShZ5UJA":194},{"code":4,"msg":5,"data":6},0,"",{"category":7,"tag":11,"hot":39,"new":78,"banner":118,"data":143,"cache":193},[8,9,10],"Agent","OpenAI","LLM",[12,14,17,20,23,25,27,30,33,36],{"title":8,"total":13},39,{"title":15,"total":16},"Google",44,{"title":18,"total":19},"Nvidia",13,{"title":21,"total":22},"Claude",11,{"title":9,"total":24},35,{"title":10,"total":26},85,{"title":28,"total":29},"DeepSeek",9,{"title":31,"total":32},"OCR",1,{"title":34,"total":35},"Chat",7,{"title":37,"total":38},"Generator",116,[40,48,55,64,71],{"id":41,"publish_date":42,"is_original":4,"collection":5,"cover_url":43,"cover_url_1_1":44,"title":45,"summary":46,"author":47},557,"2022-04-29","article_res/cover/7a9b1375ed9bb298154981bae42b794d.jpeg","article_res/cover/afa281dd52bc0454e6735daa8e6b0706.jpeg","Translation and summary of Messari Report [2.8 Kristin Smith, Blockchain Association and Katie Haun, a16z]","We need unity and speed right now.","Translation",{"id":49,"publish_date":50,"is_original":4,"collection":5,"cover_url":51,"cover_url_1_1":52,"title":53,"summary":54,"author":47},531,"2022-05-25","article_res/cover/e8362057f8fa189594c60afdfaaeb6e5.jpeg","article_res/cover/8ea08d0d6fa7eee6b57ed4ec61b61ad6.jpeg","Decentralized Society: Finding Web3’s Soul / Decentralized Society: Finding the Soul of Web3 -7","Decentralization through Pluralism When analyzing ecosystems, it's desirable to measure how decentralized it is.",{"id":56,"publish_date":57,"is_original":32,"collection":58,"cover_url":59,"cover_url_1_1":60,"title":61,"summary":62,"author":63},127,"2024-11-14","#Google #AI Game #World Model #AI Story","article_res/cover/0233a875b7ec2debf59779e311547569.jpeg","article_res/cover/6ffddb6ae4914b3c699493311aa9f198.jpeg","Google Launches \"Unbounded\": A Generative Infinite Character Life Simulation Game","Unbounded: A Generative Infinite Game of Character Life Simulation","Renee's Entrepreneurial Journey",{"id":13,"publish_date":65,"is_original":32,"collection":66,"cover_url":67,"cover_url_1_1":68,"title":69,"summary":70,"author":63},"2025-02-14","#Deep Dive into LLMs #Andrej Karpathy #LLM #Tool Use #Hallucination","article_res/cover/11e858ad6b74dfa80f923d549b62855c.jpeg","article_res/cover/615e1b320f1fc163edc1d2d154a6de33.jpeg","Andrej Karpathy's in-depth explanation of LLM (Part 4): Hallucinations","hallucinations, tool use, knowledge/working memory",{"id":72,"publish_date":73,"is_original":4,"collection":5,"cover_url":74,"cover_url_1_1":75,"title":76,"summary":77,"author":47},579,"2022-04-07","article_res/cover/39387376ba28447af1eb40576b9df215.jpeg","article_res/cover/02727ede8551ed49901d0abe6d6305b7.jpeg","Messari Report Translation and Summary 【1-7 Surviving the Winter】","I’d be more cautious here: 10 year and 10 hour thinking only.",[79,87,95,103,111],{"id":80,"publish_date":81,"is_original":32,"collection":82,"cover_url":83,"cover_url_1_1":84,"title":85,"summary":86,"author":63},627,"2025-03-20","#AI Avatar #AI Video Generation","article_res/cover/d95481358f73924989f8c4ee9c75d1c8.jpeg","article_res/cover/b74bc0fab01f8b6a6aa87696c0c3ed8b.jpeg","DisPose: Generating Animated Videos by Driving Video with Reference Images","DisPose is a controllable human image animation method that enhances video generation.",{"id":88,"publish_date":89,"is_original":32,"collection":90,"cover_url":91,"cover_url_1_1":92,"title":93,"summary":94,"author":63},626,"2025-03-21","#Deep Dive into LLMs #LLM #RL #Andrej Karpathy #AlphaGo","article_res/cover/446553a5c8f8f2f07d97b20eaee84e56.jpeg","article_res/cover/e6c2823409c9b34624064b9acbaca6f1.jpeg","AlphaGo and the Power of Reinforcement Learning - Andrej Karpathy's Deep Dive on LLMs (Part 9)","Simply learning from humans will never surpass human capabilities.",{"id":96,"publish_date":97,"is_original":32,"collection":98,"cover_url":99,"cover_url_1_1":100,"title":101,"summary":102,"author":63},625,"2025-03-22","#Deep Dive into LLMs #LLM #RL #RLHF #Andrej Karpathy","article_res/cover/8da81d38b1e5cf558a164710fd8a5389.jpeg","article_res/cover/96f028d76c362a99a0dd56389e8f7a9b.jpeg","Reinforcement Learning from Human Feedback (RLHF) - Andrej Karpathy's Deep Dive on LLMs (Part 10)","Fine-Tuning Language Models from Human Preferences",{"id":104,"publish_date":105,"is_original":32,"collection":106,"cover_url":107,"cover_url_1_1":108,"title":109,"summary":110,"author":63},624,"2025-03-23","#Deep Dive into LLMs #LLM #Andrej Karpathy #AI Agent #MMM","article_res/cover/a5e7c3d48bb09109684d6513287c661d.jpeg","article_res/cover/d3f22b7c0ab8d82fd2da457a299e0773.jpeg","The Future of Large Language Models - Andrej Karpathy's In-Depth Explanation of LLM (Part 11)","preview of things to come",{"id":112,"publish_date":105,"is_original":32,"collection":113,"cover_url":114,"cover_url_1_1":115,"title":116,"summary":117,"author":63},623,"#Google #Voe #AI Video Generation","article_res/cover/c44062fea0f336c2b96b3928292392c2.jpeg","article_res/cover/a041041c69092ad3db191c5bf3ff981b.jpeg","Trial of Google's video generation model VOE2","Our state-of-the-art video generation model",[119,127,135],{"id":120,"publish_date":121,"is_original":32,"collection":122,"cover_url":123,"cover_url_1_1":124,"title":125,"summary":126,"author":63},160,"2024-10-04","#Philosophy","article_res/cover/496990c49211e8b7f996b7d39c18168e.jpeg","article_res/cover/14dbaa1ade9cb4316d5829423a900362.jpeg","Time","The fungus of the morning does not know the waxing and waning of the moon, and the cicada does not know the seasons; this is a short life. To the south of the state of Chu there is a dark spirit which regards five hundred years as spring and five hundred years as autumn. In ancient times there was a great tree called the Ming which regarded eight thousand years as spring and eight thousand years as autumn; this is a long life.",{"id":128,"publish_date":129,"is_original":32,"collection":130,"cover_url":131,"cover_url_1_1":132,"title":133,"summary":134,"author":63},98,"2024-12-17","#AI Video Generator #Sora #Pika","article_res/cover/3b86e85d03fff4f356a3e4cf2bb329c9.jpeg","article_res/cover/5fa5c20ad0b40f8f544d257c0ef02938.jpeg","Pika 2.0 video generation officially released: effect comparison with Sora","今天，我们推出了Pika 2.0模型。卓越的文字对齐效果。惊人的视觉表现。还有✨场景成分✨",{"id":136,"publish_date":137,"is_original":32,"collection":138,"cover_url":139,"cover_url_1_1":140,"title":141,"summary":142,"author":63},71,"2025-01-14","#Nvidia #World Foundation Model #Cosmos #Physical AI #Embodied AI","article_res/cover/feddf8c832dfb45d28804291f6a42a9e.jpeg","article_res/cover/d6bc2f1186d96b78228c2283a17a3645.jpeg","NVIDIA's Cosmos World Model","Cosmos World Foundation Model Platform for Physical AI",[144,163,188],{"title":8,"items":145},[146,147,155],{"id":104,"publish_date":105,"is_original":32,"collection":106,"cover_url":107,"cover_url_1_1":108,"title":109,"summary":110,"author":63},{"id":148,"publish_date":149,"is_original":32,"collection":150,"cover_url":151,"cover_url_1_1":152,"title":153,"summary":154,"author":63},622,"2025-03-24","#OWL #AI Agent #MAS #MCP #CUA","article_res/cover/cb50ca7f2bf4d1ed50202d7406e1c19a.jpeg","article_res/cover/4aa7aa3badfacf3cc84121334f1050dd.jpeg","OWL: Multi-agent collaboration","OWL: Optimized Workforce Learning for General Multi-Agent Assistance in Real-World Task Automation",{"id":156,"publish_date":157,"is_original":32,"collection":158,"cover_url":159,"cover_url_1_1":160,"title":161,"summary":162,"author":63},620,"2025-03-26","#LLM #Google #Gemini #AI Agent","article_res/cover/53751a6dbbe990b1eb0b63f3b062aed4.jpeg","article_res/cover/031344981f0a212ff82d1f3a64aa5756.jpeg","Gemini 2.5 Pro, claimed to be far ahead of the competition, has been released with great fanfare: comprehensively surpassing other LLMs and topping the global rankings","Gemini 2.5: Our most intelligent AI model",{"title":9,"items":164},[165,172,180],{"id":166,"publish_date":157,"is_original":32,"collection":167,"cover_url":168,"cover_url_1_1":169,"title":170,"summary":171,"author":63},619,"#OpenAI #AI Image Generator #4o #MMM #AR Transformer","article_res/cover/2faffc97fcecf3151552cb0fd3206d89.jpeg","article_res/cover/1133cb4948af44cee2e7fbe79efb69e5.jpeg","The native image function of GPT-4o is officially launched","Introducing 4o Image Generation",{"id":173,"publish_date":174,"is_original":4,"collection":175,"cover_url":176,"cover_url_1_1":177,"title":178,"summary":179,"author":63},434,"2023-07-15","#Anthropic #OpenAI #Google #AI Code Generator #Claude","article_res/cover/e1b6f600a2b9f262a4392684e5f2ce25.jpeg","article_res/cover/6e1772e83f78f9a351ab23d3e414adee.jpeg","Latest Updates on Google Bard /Anthropic Claude2 / ChatGPT Code Interpreter","We want our models to use their programming skills to provide more natural interfaces to the basic functions of our computers.  \n - OpenAI",{"id":181,"publish_date":182,"is_original":4,"collection":183,"cover_url":184,"cover_url_1_1":185,"title":186,"summary":187,"author":63},417,"2023-08-24","#OpenAI","article_res/cover/bccf897d50a88b18364e35f7466387e0.jpeg","article_res/cover/2f871085c1073717c1703ae86e18056f.jpeg","The GPT-3.5 Turbo fine-tuning (fine-tuning function) has been released～","Developers can now bring their own data to customize GPT-3.5 Turbo for their use cases.",{"title":10,"items":189},[190,191,192],{"id":88,"publish_date":89,"is_original":32,"collection":90,"cover_url":91,"cover_url_1_1":92,"title":93,"summary":94,"author":63},{"id":96,"publish_date":97,"is_original":32,"collection":98,"cover_url":99,"cover_url_1_1":100,"title":101,"summary":102,"author":63},{"id":104,"publish_date":105,"is_original":32,"collection":106,"cover_url":107,"cover_url_1_1":108,"title":109,"summary":110,"author":63},true,{"code":4,"msg":5,"data":195},{"id":196,"publish_date":197,"is_original":4,"collection":5,"articles_id":198,"cover_url":199,"cover_url_1_1":200,"title":201,"summary":202,"author":63,"content":203},348,"2024-01-08","g5GG4mhmlYH3hURrxTbPAw","article_res/cover/76e6110abbe80f7fa055e94ebb418eb2.jpeg","article_res/cover/2ca21b605ea966964f657a58c4e05f93.jpeg","\"CRYPTO THESES 2024\" on LAYER-1 Public Chains","We live in a multi-blockchain world today, where compatibility and interoperability are more important than any single network.","\u003Cdiv class=\"rich_media_content js_underline_content\n                       autoTypeSetting24psection\n            \" id=\"js_content\">\u003Csection style=\"margin-bottom: 0px;\">\u003Cspan style='color: rgb(0, 0, 0);font-family: Optima-Regular, Optima, PingFangSC-light, PingFangTC-light, \"PingFang SC\", Cambria, Cochin, Georgia, Times, \"Times New Roman\", serif;font-size: 16px;letter-spacing: normal;text-align: left;text-wrap: wrap;'>Previous sections of the report:\u003C/span>\u003C/section>\u003Col class=\"list-paddingleft-1\" style=\"list-style-type: decimal;\">\u003Cli>\u003Csection style='padding-top: 8px;padding-bottom: 8px;color: black;font-family: Optima-Regular, Optima, PingFangSC-light, PingFangTC-light, \"PingFang SC\", Cambria, Cochin, Georgia, Times, \"Times New Roman\", serif;font-size: 16px;letter-spacing: normal;text-align: left;text-wrap: wrap;line-height: normal;margin-bottom: 0px;margin-top: 0px;'>\u003Ca target=\"_blank\" href=\"https://mp.weixin.qq.com/s?__biz=MzkwOTMzMzk0MQ==&amp;mid=2247486724&amp;idx=1&amp;sn=e3e0c6ff0c6a8cfb36795ab74a307d5e&amp;chksm=c13d09def64a80c82b5da19e250daea8553d87731117c5b78299a586c18188bbd0cb4d7d5623&amp;scene=21#wechat_redirect\" textvalue=\"《CRYPTO THESES 2024》之“关键趋势”\" linktype=\"text\" imgurl=\"\" imgdata=\"null\" data-itemshowtype=\"0\" tab=\"innerlink\" data-linktype=\"2\">\"Key Trends\" from *CRYPTO THESES 2024*\u003C/a>\u003Cbr>\u003C/section>\u003C/li>\u003Cli>\u003Csection style='padding-top: 8px;padding-bottom: 8px;color: black;font-family: Optima-Regular, Optima, PingFangSC-light, PingFangTC-light, \"PingFang SC\", Cambria, Cochin, Georgia, Times, \"Times New Roman\", serif;font-size: 16px;letter-spacing: normal;text-align: left;text-wrap: wrap;line-height: normal;margin-bottom: 0px;margin-top: 0px;'>\u003Ca target=\"_blank\" href=\"https://mp.weixin.qq.com/s?__biz=MzkwOTMzMzk0MQ==&amp;mid=2247486738&amp;idx=1&amp;sn=0b22d5cf87ff5f992b13567c84a1027d&amp;chksm=c13d09c8f64a80de47250b0f18cfd6b4d9a526ec418edc054e2be0df9e412f5d935894465435&amp;scene=21#wechat_redirect\" textvalue=\"《CRYPTO THESES 2024》名人堂\" linktype=\"text\" imgurl=\"\" imgdata=\"null\" data-itemshowtype=\"0\" tab=\"innerlink\" data-linktype=\"2\">Hall of Fame in *CRYPTO THESES 2024*\u003C/a>\u003C/section>\u003C/li>\u003Cli>\u003Csection style='padding-top: 8px;padding-bottom: 8px;color: black;font-family: Optima-Regular, Optima, PingFangSC-light, PingFangTC-light, \"PingFang SC\", Cambria, Cochin, Georgia, Times, \"Times New Roman\", serif;font-size: 16px;letter-spacing: normal;text-align: left;text-wrap: wrap;line-height: normal;margin-bottom: 0px;margin-top: 0px;'>\u003Ca target=\"_blank\" href=\"https://mp.weixin.qq.com/s?__biz=MzkwOTMzMzk0MQ==&amp;mid=2247486752&amp;idx=1&amp;sn=34121c6092c400ac390e27fef91c9e1c&amp;chksm=c13d09faf64a80eced01a58418303c05a4ebfbd18fbac7bb57a271cd396aa159af19719f9395&amp;scene=21#wechat_redirect\" textvalue=\"《CRYPTO THESES 2024》十大产品：引领行业的前沿技术\" linktype=\"text\" imgurl=\"\" imgdata=\"null\" data-itemshowtype=\"0\" tab=\"innerlink\" data-linktype=\"2\">Top Ten Products from *CRYPTO THESES 2024*: Cutting-edge technologies leading the industry\u003C/a>\u003Cbr>\u003C/section>\u003C/li>\u003Cli>\u003Csection style='padding-top: 8px;padding-bottom: 8px;color: black;font-family: Optima-Regular, Optima, PingFangSC-light, PingFangTC-light, \"PingFang SC\", Cambria, Cochin, Georgia, Times, \"Times New Roman\", serif;font-size: 16px;letter-spacing: normal;text-align: left;text-wrap: wrap;line-height: normal;margin-bottom: 0px;margin-top: 0px;'>\u003Ca target=\"_blank\" href=\"https://mp.weixin.qq.com/s?__biz=MzkwOTMzMzk0MQ==&amp;mid=2247486809&amp;idx=1&amp;sn=8c41f96fffa76901f9e60d73673e9a49&amp;chksm=c13d0983f64a8095ea54c12c96ddc0d773a7170260e7c8b4c63997ef2afe112b6d21c2476b3c&amp;scene=21#wechat_redirect\" textvalue=\"《CRYPTO THESES 2024》之 Crypto Monies\" linktype=\"text\" imgurl=\"\" imgdata=\"null\" data-itemshowtype=\"0\" tab=\"innerlink\" data-linktype=\"2\">Crypto Monies from *CRYPTO THESES 2024*\u003C/a>\u003Cbr>\u003C/section>\u003C/li>\u003Cli>\u003Csection style='padding-top: 8px;padding-bottom: 8px;color: black;font-family: Optima-Regular, Optima, PingFangSC-light, PingFangTC-light, \"PingFang SC\", Cambria, Cochin, Georgia, Times, \"Times New Roman\", serif;font-size: 16px;letter-spacing: normal;text-align: left;text-wrap: wrap;line-height: normal;margin-bottom: 0px;margin-top: 0px;'>\u003Ca target=\"_blank\" href=\"https://mp.weixin.qq.com/s?__biz=MzkwOTMzMzk0MQ==&amp;mid=2247486840&amp;idx=1&amp;sn=5ba608117c6720b1aa80216b888cb78b&amp;chksm=c13d09a2f64a80b4e505c42cccad05b633aa7451d7e78e804d77724a52946ce79f078e5d7e3c&amp;scene=21#wechat_redirect\" textvalue=\"《CRYPTO THESES 2024》之美国政策法规\" linktype=\"text\" imgurl=\"\" imgdata=\"null\" data-itemshowtype=\"0\" tab=\"innerlink\" data-linktype=\"2\">\"CRYPTO THESES 2024\" on U.S. Policy and Regulations\u003C/a>\u003Cbr>\u003C/section>\u003C/li>\u003Cli>\u003Csection style='padding-top: 8px;padding-bottom: 8px;color: black;font-family: Optima-Regular, Optima, PingFangSC-light, PingFangTC-light, \"PingFang SC\", Cambria, Cochin, Georgia, Times, \"Times New Roman\", serif;font-size: 16px;letter-spacing: normal;text-align: left;text-wrap: wrap;line-height: normal;margin-bottom: 0px;margin-top: 0px;'>\u003Ca target=\"_blank\" href=\"https://mp.weixin.qq.com/s?__biz=MzkwOTMzMzk0MQ==&amp;mid=2247486906&amp;idx=1&amp;sn=eadc8952f5dfa262b6fdcb55cc0d7439&amp;chksm=c13d0960f64a8076b7e0c1e97019d1fcaef698b0c99d9efa6cfb872f97243d6ee4307a0059c7&amp;scene=21#wechat_redirect\" textvalue=\"《CRYPTO THESES 2024》之CeFi Trending（上）\" linktype=\"text\" imgurl=\"\" imgdata=\"null\" data-itemshowtype=\"0\" tab=\"innerlink\" data-linktype=\"2\">\"CRYPTO THESES 2024\" on CeFi Trending (Part 1)\u003C/a>\u003Cbr>\u003C/section>\u003C/li>\u003Cli>\u003Csection style='padding-top: 8px;padding-bottom: 8px;color: black;font-family: Optima-Regular, Optima, PingFangSC-light, PingFangTC-light, \"PingFang SC\", Cambria, Cochin, Georgia, Times, \"Times New Roman\", serif;font-size: 16px;letter-spacing: normal;text-align: left;text-wrap: wrap;line-height: normal;margin-bottom: 0px;margin-top: 0px;'>\u003Ca target=\"_blank\" href=\"https://mp.weixin.qq.com/s?__biz=MzkwOTMzMzk0MQ==&amp;mid=2247486916&amp;idx=1&amp;sn=d238cd0a9320476611ea7d789b6c02be&amp;chksm=c13d091ef64a8008d15b871cca783a7e87c249f40f0221ac790c01c29b73d1e074c910f54710&amp;scene=21#wechat_redirect\" textvalue=\"《CRYPTO THESES 2024》之CeFi Trending（下）\" linktype=\"text\" imgurl=\"\" imgdata=\"null\" data-itemshowtype=\"0\" tab=\"innerlink\" data-linktype=\"2\">\"CRYPTO THESES 2024\" on CeFi Trending (Part 2)\u003C/a>\u003C/section>\u003C/li>\u003C/ol>\u003Cp data-tool=\"mdnice编辑器\" style='margin-bottom: 0px;padding-top: 8px;padding-bottom: 8px;color: black;font-family: Optima-Regular, Optima, PingFangSC-light, PingFangTC-light, \"PingFang SC\", Cambria, Cochin, Georgia, Times, \"Times New Roman\", serif;font-size: 16px;letter-spacing: normal;text-align: left;text-wrap: wrap;line-height: 26px;'>Today, we begin sharing the LAYER-1 public chain section:\u003C/p>\u003Cp data-tool=\"mdnice编辑器\" style='margin-bottom: 0px;padding-top: 8px;padding-bottom: 8px;color: black;font-family: Optima-Regular, Optima, PingFangSC-light, PingFangTC-light, \"PingFang SC\", Cambria, Cochin, Georgia, Times, \"Times New Roman\", serif;font-size: 16px;letter-spacing: normal;text-align: left;text-wrap: wrap;line-height: 26px;'>Despite Ethereum's significant progress in the long-awaited Shapella upgrade and its thriving \"rollup-centric\" future vision, we now live in a multi-blockchain world where compatibility and interoperability are more important than any single network or roadmap.\u003C/p>\u003Cp style=\"text-align: center;\">\u003Cimg class=\"rich_pages wxw-img\" data-galleryid=\"\" data-imgfileid=\"100003270\" data-ratio=\"0.5611111111111111\" data-s=\"300,640\" data-type=\"png\" data-w=\"1080\" style=\"\" src=\"https://res.cooltool.vip/article_res/assets/17423811668770.9010958868953343.png\">\u003C/p>\u003Ch3 data-tool=\"mdnice编辑器\" style='margin-top: 30px;margin-bottom: 15px;font-weight: bold;font-size: 20px;color: black;font-family: Optima-Regular, Optima, PingFangSC-light, PingFangTC-light, \"PingFang SC\", Cambria, Cochin, Georgia, Times, \"Times New Roman\", serif;letter-spacing: normal;text-align: left;text-wrap: wrap;'>1. Ethereum Network Dominance\u003C/h3>\u003Cp data-tool=\"mdnice编辑器\" style='margin-bottom: 0px;padding-top: 8px;padding-bottom: 8px;color: black;font-family: Optima-Regular, Optima, PingFangSC-light, PingFangTC-light, \"PingFang SC\", Cambria, Cochin, Georgia, Times, \"Times New Roman\", serif;font-size: 16px;letter-spacing: normal;text-align: left;text-wrap: wrap;line-height: 26px;'>Even though Ethereum shows the strongest performance in terms of community size and revenue generation (i.e., fees), most developers will choose to build on the blockchain with the lowest cost and highest performance, and interactions with Ethereum will be achieved through rollups and bridges.\u003C/p>\u003Cp data-tool=\"mdnice编辑器\" style='margin-bottom: 0px;padding-top: 8px;padding-bottom: 8px;color: black;font-family: Optima-Regular, Optima, PingFangSC-light, PingFangTC-light, \"PingFang SC\", Cambria, Cochin, Georgia, Times, \"Times New Roman\", serif;font-size: 16px;letter-spacing: normal;text-align: left;text-wrap: wrap;line-height: 26px;'>Ethereum has advantages in certain market niches, such as Meme, but its value may fluctuate as developers and applications decentralize from Ethereum. Fundamentals involve supply-side dynamics (inflation and token burn rate) and demand-side indicators: fee generation and expected demand for security.\u003C/p>\u003Cp style=\"text-align: center;\">\u003Cimg class=\"rich_pages wxw-img\" data-galleryid=\"\" data-imgfileid=\"100003271\" data-ratio=\"0.5527777777777778\" data-s=\"300,640\" data-type=\"png\" data-w=\"1080\" style=\"\" src=\"https://res.cooltool.vip/article_res/assets/17423811668070.5258637983973788.png\">\u003C/p>\u003Cp data-tool=\"mdnice编辑器\" style='margin-bottom: 0px;padding-top: 8px;padding-bottom: 8px;color: black;font-family: Optima-Regular, Optima, PingFangSC-light, PingFangTC-light, \"PingFang SC\", Cambria, Cochin, Georgia, Times, \"Times New Roman\", serif;font-size: 16px;letter-spacing: normal;text-align: left;text-wrap: wrap;line-height: 26px;'>In Proof-of-Stake (PoS) networks, network fees may not be as important as people think, and more attention should be paid to the security demand model. In the ever-changing field of cryptocurrency, Ethereum's position and influence are facing new challenges and competition.\u003C/p>\u003Ch3 data-tool=\"mdnice编辑器\" style='margin-top: 30px;margin-bottom: 15px;font-weight: bold;font-size: 20px;color: black;font-family: Optima-Regular, Optima, PingFangSC-light, PingFangTC-light, \"PingFang SC\", Cambria, Cochin, Georgia, Times, \"Times New Roman\", serif;letter-spacing: normal;text-align: left;text-wrap: wrap;'>2. Value Accumulation and Security in a Multi-Chain World\u003C/h3>\u003Cp data-tool=\"mdnice编辑器\" style='margin-bottom: 0px;padding-top: 8px;padding-bottom: 8px;color: black;font-family: Optima-Regular, Optima, PingFangSC-light, PingFangTC-light, \"PingFang SC\", Cambria, Cochin, Georgia, Times, \"Times New Roman\", serif;font-size: 16px;letter-spacing: normal;text-align: left;text-wrap: wrap;line-height: 26px;'>The base layer (Layer-1) secures all smart contract applications and rollups deployed on its network. The base chain can serve as collateral, as a fuel token for rollups, or as a universal currency and transaction fee. Taking Ethereum as an example, more than 33% of the ETH supply is locked in smart contracts. Therefore, we need to focus on the \"Expected Demand Security Model\" (EDSM), concentrating on the security needs of the largest applications for specific chains.\u003C/p>\u003Cp style=\"text-align: center;\">\u003Cimg class=\"rich_pages wxw-img\" data-galleryid=\"\" data-imgfileid=\"100003272\" data-ratio=\"0.5583333333333333\" data-s=\"300,640\" data-type=\"png\" data-w=\"1080\" style=\"\" src=\"https://res.cooltool.vip/article_res/assets/17423811667610.5349020290868622.png\">\u003C/p>\u003Ch3 data-tool=\"mdnice编辑器\" style='margin-top: 30px;margin-bottom: 15px;font-weight: bold;font-size: 20px;color: black;font-family: Optima-Regular, Optima, PingFangSC-light, PingFangTC-light, \"PingFang SC\", Cambria, Cochin, Georgia, Times, \"Times New Roman\", serif;letter-spacing: normal;text-align: left;text-wrap: wrap;'>3. Network decentralization\u003C/h3>\u003Cp data-tool=\"mdnice编辑器\" style='margin-bottom: 0px;padding-top: 8px;padding-bottom: 8px;color: black;font-family: Optima-Regular, Optima, PingFangSC-light, PingFangTC-light, \"PingFang SC\", Cambria, Cochin, Georgia, Times, \"Times New Roman\", serif;font-size: 16px;letter-spacing: normal;text-align: left;text-wrap: wrap;line-height: 26px;'>Although technical centralization remains important, over-reliance on AWS within a crypto community is more acceptable at this stage compared to the entire community's over-reliance on Ethereum. Infrastructure concentration still needs close monitoring to look for signs of centralization risks, especially after Hetzner banned crypto operations in August 2022. However, it is not yet worth overly worrying about.\u003C/p>\u003Cp style=\"text-align: center;\">\u003Cimg class=\"rich_pages wxw-img\" data-galleryid=\"\" data-imgfileid=\"100003273\" data-ratio=\"0.6055555555555555\" data-s=\"300,640\" data-type=\"png\" data-w=\"1080\" style=\"\" src=\"https://res.cooltool.vip/article_res/assets/17423811667630.2903153028325458.png\">\u003C/p>\u003Cp data-tool=\"mdnice编辑器\" style='margin-bottom: 0px;padding-top: 8px;padding-bottom: 8px;color: black;font-family: Optima-Regular, Optima, PingFangSC-light, PingFangTC-light, \"PingFang SC\", Cambria, Cochin, Georgia, Times, \"Times New Roman\", serif;font-size: 16px;letter-spacing: normal;text-align: left;text-wrap: wrap;line-height: 26px;'>In the future, we will have fully permissioned banking chains, widely decentralized public chains, and various chains in between. The task for application developers is to determine what network trade-offs they will make for specific use cases. When these concerns arise, economic and geographic concentration are equally important, and may even be more so.\u003C/p>\u003Ch3 data-tool=\"mdnice编辑器\" style='margin-top: 30px;margin-bottom: 15px;font-weight: bold;font-size: 20px;color: black;font-family: Optima-Regular, Optima, PingFangSC-light, PingFangTC-light, \"PingFang SC\", Cambria, Cochin, Georgia, Times, \"Times New Roman\", serif;letter-spacing: normal;text-align: left;text-wrap: wrap;'>4. The evolution of censorship issues\u003C/h3>\u003Cp data-tool=\"mdnice编辑器\" style='margin-bottom: 0px;padding-top: 8px;padding-bottom: 8px;color: black;font-family: Optima-Regular, Optima, PingFangSC-light, PingFangTC-light, \"PingFang SC\", Cambria, Cochin, Georgia, Times, \"Times New Roman\", serif;font-size: 16px;letter-spacing: normal;text-align: left;text-wrap: wrap;line-height: 26px;'>Two core questions:\u003C/p>\u003Cul data-tool=\"mdnice编辑器\" class=\"list-paddingleft-1\" style='margin-top: 8px;margin-bottom: 8px;padding-left: 25px;width: 557.438px;color: black;font-family: Optima-Regular, Optima, PingFangSC-light, PingFangTC-light, \"PingFang SC\", Cambria, Cochin, Georgia, Times, \"Times New Roman\", serif;font-size: 16px;letter-spacing: normal;text-align: left;text-wrap: wrap;'>\u003Cli>\u003Csection style=\"margin-top: 5px;margin-bottom: 5px;line-height: 26px;color: rgb(1, 1, 1);\">Whether some form of centralization will lead to network performance issues, thus exposing applications to the risk of downtime.\u003C/section>\u003C/li>\u003Cli>\u003Csection style=\"margin-top: 5px;margin-bottom: 5px;line-height: 26px;color: rgb(1, 1, 1);\">Whether centralization will create censorship challenges.\u003C/section>\u003C/li>\u003C/ul>\u003Cp data-tool=\"mdnice编辑器\" style='margin-bottom: 0px;padding-top: 8px;padding-bottom: 8px;color: black;font-family: Optima-Regular, Optima, PingFangSC-light, PingFangTC-light, \"PingFang SC\", Cambria, Cochin, Georgia, Times, \"Times New Roman\", serif;font-size: 16px;letter-spacing: normal;text-align: left;text-wrap: wrap;line-height: 26px;'>Ethereum decouples the process of block building, relaying, and validation, allowing the issue of censorship to be clearly separated across three distinct layers of Ethereum's transaction processing stack. Each network in the future will have to deal with its own censorship challenges; Ethereum is far ahead of other communities in considering these challenges and quickly proposing solutions.\u003C/p>\u003Cp style=\"text-align: center;\">\u003Cimg class=\"rich_pages wxw-img\" data-galleryid=\"\" data-imgfileid=\"100003275\" data-ratio=\"0.5111111111111111\" data-s=\"300,640\" data-type=\"png\" data-w=\"1080\" src=\"https://res.cooltool.vip/article_res/assets/17423811672110.30219153806231747.png\">\u003C/p>\u003Cp style=\"text-align: center;\">\u003Cimg class=\"rich_pages wxw-img\" data-galleryid=\"\" data-imgfileid=\"100003276\" data-ratio=\"0.5018518518518519\" data-s=\"300,640\" data-type=\"png\" data-w=\"1080\" style=\"\" src=\"https://res.cooltool.vip/article_res/assets/17423811687560.2690557453095028.png\">\u003C/p>\u003Ch3 data-tool=\"mdnice编辑器\" style='margin-top: 30px;margin-bottom: 15px;font-weight: bold;font-size: 20px;color: black;font-family: Optima-Regular, Optima, PingFangSC-light, PingFangTC-light, \"PingFang SC\", Cambria, Cochin, Georgia, Times, \"Times New Roman\", serif;letter-spacing: normal;text-align: left;text-wrap: wrap;'>5. Bullish factors for Ethereum\u003C/h3>\u003Cul data-tool=\"mdnice编辑器\" class=\"list-paddingleft-1\" style='margin-top: 8px;margin-bottom: 8px;padding-left: 25px;width: 557.438px;color: black;font-family: Optima-Regular, Optima, PingFangSC-light, PingFangTC-light, \"PingFang SC\", Cambria, Cochin, Georgia, Times, \"Times New Roman\", serif;font-size: 16px;letter-spacing: normal;text-align: left;text-wrap: wrap;'>\u003Cli>\u003Csection style=\"margin-top: 5px;margin-bottom: 5px;line-height: 26px;color: rgb(1, 1, 1);\">First-mover advantage: Ethereum leads with its long-established network reliability, liquid ecosystem, and a market capitalization of $300 billion (ten times that of the next largest smart contract network). Ethereum's maturity helps attract rollup and application developers due to the security provided by the network.\u003C/section>\u003C/li>\u003Cli>\u003Csection style=\"margin-top: 5px;margin-bottom: 5px;line-height: 26px;color: rgb(1, 1, 1);\">Traditional finance (TradFi) will embrace Ethereum’s investment thesis: As a high-growth market leader, Ethereum offers a clearer and more ESG-compliant narrative compared to Bitcoin. This includes the anticipated launch of an Ethereum ETF following Bitcoin spot ETFs, a net deflationary supply, and the generation of approximately $300 million in real fees (not ETH rewards) annually. In an environment of declining interest rates, its 4-5% staking yield will also become more appealing.\u003C/section>\u003C/li>\u003Cli>\u003Csection style=\"margin-top: 5px;margin-bottom: 5px;line-height: 26px;color: rgb(1, 1, 1);\">Ethereum is the force for good in chaos. If Bitcoin is a bet against bankrupt central banks, then Ethereum is a bet against morally bankrupt investment banks. Looking back at the three spikes in Ethereum network activity during each bout of market turmoil, if we expect 2024 to be geopolitically messier than this year, it can be anticipated that Ethereum will thrive in volatility and chaos.\u003C/section>\u003C/li>\u003C/ul>\u003Ch3 data-tool=\"mdnice编辑器\" style='margin-top: 30px;margin-bottom: 15px;font-weight: bold;font-size: 20px;color: black;font-family: Optima-Regular, Optima, PingFangSC-light, PingFangTC-light, \"PingFang SC\", Cambria, Cochin, Georgia, Times, \"Times New Roman\", serif;letter-spacing: normal;text-align: left;text-wrap: wrap;'>6. Rollups\u003C/h3>\u003Cp data-tool=\"mdnice编辑器\" style='margin-bottom: 0px;padding-top: 8px;padding-bottom: 8px;color: black;font-family: Optima-Regular, Optima, PingFangSC-light, PingFangTC-light, \"PingFang SC\", Cambria, Cochin, Georgia, Times, \"Times New Roman\", serif;font-size: 16px;letter-spacing: normal;text-align: left;text-wrap: wrap;line-height: 26px;'>Ethereum's upcoming upgrade, Cancun-Deneb (expected in Q1), will reduce rollup transaction costs by 90-99% through the implementation of EIP-4844 or prototype-level \"danksharding\" technology. This could make rollup transactions as cheap as, or even cheaper than, other first-layer blockchains (alt-L1s). Therefore, the release date of Dencun is one of the most important dates to watch in the ongoing competition for block space. Over the past year, Optimism Superchain, Arbitrum Orbit, zkSync, Starknet, and Polygon have all announced details about their Ethereum-centric rollup ecosystems.\u003C/p>\u003Cp style=\"text-align: center;\">\u003Cimg class=\"rich_pages wxw-img\" data-galleryid=\"\" data-imgfileid=\"100003287\" data-ratio=\"0.5574074074074075\" data-s=\"300,640\" data-type=\"png\" data-w=\"1080\" src=\"https://res.cooltool.vip/article_res/assets/17423811808740.9489665138885091.png\">\u003C/p>\u003Cp style=\"text-align: center;\">\u003Cimg class=\"rich_pages wxw-img\" data-galleryid=\"\" data-imgfileid=\"100003288\" data-ratio=\"0.5925925925925926\" data-s=\"300,640\" data-type=\"png\" data-w=\"1080\" style=\"\" src=\"https://res.cooltool.vip/article_res/assets/17423811673730.5139392856201987.png\">\u003C/p>\u003Ch3 data-tool=\"mdnice编辑器\" style='margin-top: 30px;margin-bottom: 15px;font-weight: bold;font-size: 20px;color: black;font-family: Optima-Regular, Optima, PingFangSC-light, PingFangTC-light, \"PingFang SC\", Cambria, Cochin, Georgia, Times, \"Times New Roman\", serif;letter-spacing: normal;text-align: left;text-wrap: wrap;'>7. Modularity\u003C/h3>\u003Cp data-tool=\"mdnice编辑器\" style='margin-bottom: 0px;padding-top: 8px;padding-bottom: 8px;color: black;font-family: Optima-Regular, Optima, PingFangSC-light, PingFangTC-light, \"PingFang SC\", Cambria, Cochin, Georgia, Times, \"Times New Roman\", serif;font-size: 16px;letter-spacing: normal;text-align: left;text-wrap: wrap;line-height: 26px;'>There are two main approaches to building a decentralized network: \"modular\" and \"integrated.\" Ethereum has adopted the \"modular\" approach, implementing a roadmap centered on rollups. Rollups allow developers to separate and optimize the execution environment from the settlement, consensus, and data availability (DA) provided by Ethereum L1. Ethereum L1 is also optimizing its support for rollups through the implementation of the danksharding upgrade.\u003C/p>\u003Cp style=\"text-align: center;\">\u003Cimg class=\"rich_pages wxw-img\" data-galleryid=\"\" data-imgfileid=\"100003289\" data-ratio=\"0.5657407407407408\" data-s=\"300,640\" data-type=\"png\" data-w=\"1080\" style=\"\" src=\"https://res.cooltool.vip/article_res/assets/17423811685720.6918458068456532.png\">\u003C/p>\u003Cp data-tool=\"mdnice编辑器\" style='margin-bottom: 0px;padding-top: 8px;padding-bottom: 8px;color: black;font-family: Optima-Regular, Optima, PingFangSC-light, PingFangTC-light, \"PingFang SC\", Cambria, Cochin, Georgia, Times, \"Times New Roman\", serif;font-size: 16px;letter-spacing: normal;text-align: left;text-wrap: wrap;line-height: 26px;'>Celestia and other networks take the concept of modularity a step further by providing networks specifically designed for rollup DA. This offers lower fees and higher throughput for rollups compared to general-purpose L1s.\u003C/p>\u003Ch3 data-tool=\"mdnice编辑器\" style='margin-top: 30px;margin-bottom: 15px;font-weight: bold;font-size: 20px;color: black;font-family: Optima-Regular, Optima, PingFangSC-light, PingFangTC-light, \"PingFang SC\", Cambria, Cochin, Georgia, Times, \"Times New Roman\", serif;letter-spacing: normal;text-align: left;text-wrap: wrap;'>8. Solana Renaissance and MOVE Ecosystem\u003C/h3>\u003Cp data-tool=\"mdnice编辑器\" style='margin-bottom: 0px;padding-top: 8px;padding-bottom: 8px;color: black;font-family: Optima-Regular, Optima, PingFangSC-light, PingFangTC-light, \"PingFang SC\", Cambria, Cochin, Georgia, Times, \"Times New Roman\", serif;font-size: 16px;letter-spacing: normal;text-align: left;text-wrap: wrap;line-height: 26px;'>Solana is seen as the comeback star of the year in the cryptocurrency space. After the collapse of FTX last year, many industry insiders believed that Solana had fallen out of favor, but it subsequently achieved a strong recovery. The rapid release of new products, the surge in on-chain liquidity, and the widespread availability of developer tools have all been remarkable.\u003C/p>\u003Cp style=\"text-align: center;\">\u003Cimg class=\"rich_pages wxw-img\" data-galleryid=\"\" data-imgfileid=\"100003290\" data-ratio=\"0.5555555555555556\" data-s=\"300,640\" data-type=\"png\" data-w=\"1080\" style=\"\" src=\"https://res.cooltool.vip/article_res/assets/17423811673750.8775425693412204.png\">\u003C/p>\u003Cp data-tool=\"mdnice编辑器\" style='margin-bottom: 0px;padding-top: 8px;padding-bottom: 8px;color: black;font-family: Optima-Regular, Optima, PingFangSC-light, PingFangTC-light, \"PingFang SC\", Cambria, Cochin, Georgia, Times, \"Times New Roman\", serif;font-size: 16px;letter-spacing: normal;text-align: left;text-wrap: wrap;line-height: 26px;'>\u003Cstrong>Several key initiatives for 2024:\u003C/strong>\u003C/p>\u003Cul data-tool=\"mdnice编辑器\" class=\"list-paddingleft-1\" style='margin-top: 8px;margin-bottom: 8px;padding-left: 25px;width: 557.438px;color: black;font-family: Optima-Regular, Optima, PingFangSC-light, PingFangTC-light, \"PingFang SC\", Cambria, Cochin, Georgia, Times, \"Times New Roman\", serif;font-size: 16px;letter-spacing: normal;text-align: left;text-wrap: wrap;'>\u003Cli>\u003Csection style=\"margin-top: 5px;margin-bottom: 5px;line-height: 26px;color: rgb(1, 1, 1);\">Performance improvements through Firedancer and Sig.\u003C/section>\u003C/li>\u003Cli>\u003Csection style=\"margin-top: 5px;margin-bottom: 5px;line-height: 26px;color: rgb(1, 1, 1);\">Developing light clients via Tinydancer.\u003C/section>\u003C/li>\u003Cli>\u003Csection style=\"margin-top: 5px;margin-bottom: 5px;line-height: 26px;color: rgb(1, 1, 1);\">Deploy the token-22 standard to expand Solana token functionality.\u003C/section>\u003C/li>\u003C/ul>\u003Cp data-tool=\"mdnice编辑器\" style='margin-bottom: 0px;padding-top: 8px;padding-bottom: 8px;color: black;font-family: Optima-Regular, Optima, PingFangSC-light, PingFangTC-light, \"PingFang SC\", Cambria, Cochin, Georgia, Times, \"Times New Roman\", serif;font-size: 16px;letter-spacing: normal;text-align: left;text-wrap: wrap;line-height: 26px;'>\" makes its application possible:\u003C/p>\u003Cul data-tool=\"mdnice编辑器\" class=\"list-paddingleft-1\" style='margin-top: 8px;margin-bottom: 8px;padding-left: 25px;width: 557.438px;color: black;font-family: Optima-Regular, Optima, PingFangSC-light, PingFangTC-light, \"PingFang SC\", Cambria, Cochin, Georgia, Times, \"Times New Roman\", serif;font-size: 16px;letter-spacing: normal;text-align: left;text-wrap: wrap;'>\u003Cli>\u003Csection style=\"margin-top: 5px;margin-bottom: 5px;line-height: 26px;color: rgb(1, 1, 1);\">DePIN: Projects like Helium, Hivemapper, Render, and Teleport have migrated to Solana.\u003C/section>\u003C/li>\u003Cli>\u003Csection style=\"margin-top: 5px;margin-bottom: 5px;line-height: 26px;color: rgb(1, 1, 1);\">Payments: Solana is poised to help drive mainstream payment flows — Visa has extended its USDC settlement pilot to Solana.\u003C/section>\u003C/li>\u003Cli>\u003Csection style=\"margin-top: 5px;margin-bottom: 5px;line-height: 26px;color: rgb(1, 1, 1);\">Consumer applications: Reducing NFT minting costs via compression technology enables new consumer use cases, such as DRiP and Dialect.\u003C/section>\u003C/li>\u003Cli>\u003Csection style=\"margin-top: 5px;margin-bottom: 5px;line-height: 26px;color: rgb(1, 1, 1);\">DeFi: Ultra-low fees, fast finality, and protocols like fully on-chain order books create a DeFi user experience not found on other networks.\u003C/section>\u003C/li>\u003C/ul>\u003Cp data-tool=\"mdnice编辑器\" style='margin-bottom: 0px;padding-top: 8px;padding-bottom: 8px;color: black;font-family: Optima-Regular, Optima, PingFangSC-light, PingFangTC-light, \"PingFang SC\", Cambria, Cochin, Georgia, Times, \"Times New Roman\", serif;font-size: 16px;letter-spacing: normal;text-align: left;text-wrap: wrap;line-height: 26px;'>SVM has become the industry-recognized second largest \"operating system.\" Solana's achievements have not only helped reshape its own narrative but also the general narrative around high-performance, integrated networks.\u003C/p>\u003Cp data-tool=\"mdnice编辑器\" style='margin-bottom: 0px;padding-top: 8px;padding-bottom: 8px;color: black;font-family: Optima-Regular, Optima, PingFangSC-light, PingFangTC-light, \"PingFang SC\", Cambria, Cochin, Georgia, Times, \"Times New Roman\", serif;font-size: 16px;letter-spacing: normal;text-align: left;text-wrap: wrap;line-height: 26px;'>Other networks such as Aptos and Sui are particularly advantageous, as these Layer 1s were born from Meta’s Diem and Novi projects. One of their many innovations is the Move programming language, each with its own characteristics. Move promises to offer application developers higher security and flexibility compared to Solidity and other Web3 programming languages. Although their ecosystems are young, they are worth paying attention to.\u003C/p>\u003Ch3 data-tool=\"mdnice编辑器\" style='margin-top: 30px;margin-bottom: 15px;font-weight: bold;font-size: 20px;color: black;font-family: Optima-Regular, Optima, PingFangSC-light, PingFangTC-light, \"PingFang SC\", Cambria, Cochin, Georgia, Times, \"Times New Roman\", serif;letter-spacing: normal;text-align: left;text-wrap: wrap;'>9. FHE and ZK Trends\u003C/h3>\u003Cp data-tool=\"mdnice编辑器\" style='margin-bottom: 0px;padding-top: 8px;padding-bottom: 8px;color: black;font-family: Optima-Regular, Optima, PingFangSC-light, PingFangTC-light, \"PingFang SC\", Cambria, Cochin, Georgia, Times, \"Times New Roman\", serif;font-size: 16px;letter-spacing: normal;text-align: left;text-wrap: wrap;line-height: 26px;'>When smart contract developers need additional computational resources, they can leverage ZK coprocessors, which are akin to GPUs in the cloud. ZK coprocessors allow for complex computations to be performed off-chain, and their zero-knowledge properties enable anyone to verify whether the computation was correctly processed. This allows smart contract developers access to cheap and verifiable computational resources.\u003C/p>\u003Cp style=\"text-align: center;\">\u003Cimg class=\"rich_pages wxw-img\" data-galleryid=\"\" data-imgfileid=\"100003291\" data-ratio=\"0.5435185185185185\" data-s=\"300,640\" data-type=\"png\" data-w=\"1080\" style=\"\" src=\"https://res.cooltool.vip/article_res/assets/17423811687630.5955965395329357.png\">\u003C/p>\u003Cp data-tool=\"mdnice编辑器\" style='margin-bottom: 0px;padding-top: 8px;padding-bottom: 8px;color: black;font-family: Optima-Regular, Optima, PingFangSC-light, PingFangTC-light, \"PingFang SC\", Cambria, Cochin, Georgia, Times, \"Times New Roman\", serif;font-size: 16px;letter-spacing: normal;text-align: left;text-wrap: wrap;line-height: 26px;'>ZK coprocessors do not provide privacy protection, which is where Fully Homomorphic Encryption (FHE) comes into play. FHE allows entities to perform computations directly on encrypted data. FHE has been a topic of academic discussion since 1978, but recent practical advancements have made it potentially deployable in real-world scenarios.\u003C/p>\u003Cp style=\"text-align: center;\">\u003Cimg class=\"rich_pages wxw-img\" data-galleryid=\"\" data-imgfileid=\"100003292\" data-ratio=\"0.5657407407407408\" data-s=\"300,640\" data-type=\"png\" data-w=\"1080\" style=\"\" src=\"https://res.cooltool.vip/article_res/assets/17423811688170.49031384341025386.png\">\u003C/p>\u003Cp data-tool=\"mdnice编辑器\" style='margin-bottom: 0px;padding-top: 8px;padding-bottom: 8px;color: black;font-family: Optima-Regular, Optima, PingFangSC-light, PingFangTC-light, \"PingFang SC\", Cambria, Cochin, Georgia, Times, \"Times New Roman\", serif;font-size: 16px;letter-spacing: normal;text-align: left;text-wrap: wrap;line-height: 26px;'>In addition to FHE-enabled smart contract platforms, FHE can be used for private payments, trustless gaming, private voting, private machine learning, and the creation of a private data economy. ZK co-processors and FHE are powerful, new cryptographic primitives. They are still in their infancy, but they will become one of the most powerful innovations in cryptography this decade.\u003C/p>\u003Ch3 data-tool=\"mdnice编辑器\" style='margin-top: 30px;margin-bottom: 15px;font-weight: bold;font-size: 20px;color: black;font-family: Optima-Regular, Optima, PingFangSC-light, PingFangTC-light, \"PingFang SC\", Cambria, Cochin, Georgia, Times, \"Times New Roman\", serif;letter-spacing: normal;text-align: left;text-wrap: wrap;'>10. The Evolution of Bankchains\u003C/h3>\u003Cp data-tool=\"mdnice编辑器\" style='margin-bottom: 0px;padding-top: 8px;padding-bottom: 8px;color: black;font-family: Optima-Regular, Optima, PingFangSC-light, PingFangTC-light, \"PingFang SC\", Cambria, Cochin, Georgia, Times, \"Times New Roman\", serif;font-size: 16px;letter-spacing: normal;text-align: left;text-wrap: wrap;line-height: 26px;'>Purely private blockchains will eventually die out as well. Although banks have the budget and IT teams to manage private blockchains, they cannot maintain their infrastructure as effectively as public, open-source platforms. The only possible exception currently might be JPMorgan's Onyx, which is the only bankchain I currently think is worth paying attention to.\u003C/p>\u003Cp style=\"text-align: center;\">\u003Cimg class=\"rich_pages wxw-img\" data-galleryid=\"\" data-imgfileid=\"100003293\" data-ratio=\"0.7544910179640718\" data-s=\"300,640\" data-type=\"jpeg\" data-w=\"668\" style=\"\" src=\"https://res.cooltool.vip/article_res/assets/17423811672640.988808900586243.jpeg\">\u003C/p>\u003Cp style=\"display: none;\">\u003Cmp-style-type data-value=\"3\">\u003C/mp-style-type>\u003C/p>\u003C/div>",1752585480403]