Jul 1, 2024

Web3 Builder News 6/24-6/30: Solana and Dialect Introduce Solana Actions and Blinks

Solana and Dialect Introduce Solana Actions and Blinks

Hackathons & Events 🧑‍💻

Uniswap and EigenLayer introduce Researchathon, exploring the intersection of Uniswap v4 hooks and EigenLayer AVSs.
Succinct introduces Greenfield, the summit centered around cutting-edge ZK infra, held the day before Frontiers by Paradigm on August 15.
Avalanche announces that the tickets to Avalanche Summit LATAM are now on sale. Avalanche Summit III will take place at Ciudad Cultural Konex in Buenos Aires, Argentina from October 16 through October 18.
DeFi Security Summit 2024, an annual event for education and technical advances in securing decentralized applications that will take place at Devcon on November 7-9, is now accepting proposals for talks, panels, and technical workshops.

Research 🧑‍🔬

FinnCF publishes Pricing Gas Fee Derivatives, explaining how to price gas fee derivatives, which are financial tools that help manage the unpredictable costs of gas fees in blockchain operations.
Alex Hook published “P2P ZK Light Client Bridge between Tron and Ethereum L2s”, proposing a new way to connect the Tron and Ethereum blockchain networks using a special technology called zero-knowledge proofs.
fradamt published “Orbit SSF: solo-staking-friendly validator set management for SSF”, exploring how to manage Ethereum validators to support solo stakers while ensuring the network remains secure and efficient.
yiannisbot publishes “Number Duplicate Messages in Ethereum's Gossipsub Network”, using a tool called Hermes to track these messages and suggests ways to reduce the number of duplicates.
Jonas and Naman publish “Estimating Validator Decentralization Using P2P Data”, using data from the P2P network to estimate how many validators are in different locations and how they are connected.

Tooling 🛠

Ethereum

OffchainLabs introduces Blobwatcher, a tool to monitor the execution client's mempool for blob transactions and determine how long it takes to get included.
Remix v0.51.0 is out featuring SolidityScan to analyze code for vulnerabilities, “eth_signTypedData” supported in remix-simulator, Home Tab updated, Status Bar introduced, and QuickDapp works on Mobile.

L1s

Alchemy is now supporting ZetaChain with the tools including RPC, Subgraphs, Dashboard, and 24/7 Support.

Solana

Solana and Dialect introduce Solana Actions and Blinks. Actions are a protocol for creating and delivering Solana transactions through URLs, making Solana sharable everywhere. Blinks, or Blockchain Links, are clients that detect Action URLs and unfurl them into full experiences.
Triton One introduces Yellowstone Vixen, an open-source library to create custom parsers and indexes for specific programs, accounts, and transactions.
Turbin3 introduces Valid8, a command line tool that simplifies managing Solana test ledgers for development and testing purposes.
Heavy Duty Builders introduces znap, a performance-first Rust framework to build APIs compatible with the Solana Actions spec.

Sui

Mysten Labs introduces DeepBook V3, a decentralized central limit order book (CLOB) built on Sui, leveraging Sui's parallel execution and low transaction fees to bring a highly performant, low latency exchange on chain.

Education/Mechanism 🧑‍🏫

Gitcoin launches Grants Program Canvas, offering a framework for visualizing, assessing, and refining grant ideas.
RareSkills introduces Uniswap V2 Puzzles, a puzzle for developers to practice the knowledge of Uniswap V2.
Shieldity Security explains oracle manipulation, diving into how these attacks happen and what we can do to prevent them.
zanderbyte shares two resources to learn EVM.
Andre Correia introduces nft-operations, demonstrating how to create an NFT collection, mint an NFT, and verify an NFT as part of a collection.
Stacy Muur shares a guide to essential Web3 research tools, consisting of identifying promising protocols within a vast array of opportunities, and researching these protocols to inform investment decisions.
Voynich publishes “Verifiable Off-Chain Compute - Enabling an Instagram-like experience for Web3”, exploring the design of ZK and Optimistic Co-Processors with case studies of RISC Zero, Axiom, LAGRANGE, and Brevis.
Charlie Noyes publishes “Inclusion Lists Don’t Fix Multi-Block MEV in APS”, showing that an IL cannot preclude MMEV attacks in APS without capabilities that will induce new secondary markets around the IL itself.
SEND, a community token powering the Blinks Ecosystem on Solana, shares 50+ ideas that developers can build with Solana Blinks.
Anthony introduces CROAK Quest: Efrogs' Journey, a blockchain-powered game that combines the charm of classic arcade games with the excitement of Web3 technology.
Juan published "How I find vulnerabilities in smart contracts”, a step-by-step guide on the exact method he uses to hunt for bugs and critical exploits in solidity code.
Charles Wang introduces ERC-7201, a standard that employs namespaces, aiming to simplify the management of these variables during contract upgrades by providing clear documentation through NatSpec annotations.
bogo shares how to analyze reports and become a great auditor.

Infrastructure 🏗

Ethereum

Paradigm releases Reth 1.0, focusing on delivering a stable Ethereum mainnet node and delivering an extensible and contributor-friendly node.

L2s

zkSync introduces elastic chain architecture in its 3.0 roadmap. This architecture will transition the project from a singular ZK rollup chain to a network of interoperable chains.
Arbitrum introduces Timeboost, a new transaction ordering policy for Arbitrum One and Nova.

Avalanche

Michael Kaplan proposes a new ACP proposal for a standard interface to import and authenticate arbitrary EVM events emitted by any blockchain within Avalanche using Avalanche Warp Messaging.

Security 👾

Lumos introduces Lumos Macro Stats, allowing anyone to access a customizable chart containing the information including total exploited value and incident count, attack vector, destination of exploited funds, and estimated value of DPRK-linked hacks.

Bug Bounties 🐞

MakerDAO, a decentralized blockchain protocol that enables users to borrow and lend cryptocurrencies, is launching an audit contest on Sherlock with a total reward of 1,350,000 DAI (~ $1.35M).
Allora Network, a self-improving decentralized AI network, launched an audit contest on Sherlock with a total reward of 119,000 USDC.
Morpho, an immutable overcollateralized lending protocol with permissionless market creation, raised the maximum bounty reward to 2.5M USDC of the bug bounty program on ImmuneFi.
Velocimeter, a ve3,3 DEX with infinite supply reward token for liquidity providers, launched an audit contest on Sherlock with a total reward of 110,000 USDC.
MagicSea, the native DEX on the IotaEVM , launched an audit contest on Sherlock with a total reward of 45,750 USDC.
Boost Protocol AA, the protocol to deploy, manage, and distribute token incentives onchain to acquire and engage token holders, launched an audit contest on Sherlock with a total reward of 63,500 USDC.

Product Launches 🚀

Stable Jack, a stablecoin project in partnership with Trader Joe, went live on Avalanche. In the first Epoch of the Seed Launch, users can deposit $USDT, $USDC, $AVAX, and $sAVAX and mint an equal amount of $aUSD and $xAVAX. Early contributors of Stable Jack will enjoy 2x boosted Discount Tickets during the Seed Launch.
Jupiter launched Swap V3 with many new features, powered by its Metropolis liquidity backend. V3 features include instant routing, dynamic slippage, intelligent token filtering, and ecosystem token lists.
DEX Screener launched Moonshot, a pumpdotfun-like platform to launch tokens instantly.
Light Protocol and Helius Labs partner to launch ZK Compression, a new tech that allows applications to scale on Solana. ZK Compression is live on Helius’ public zk-Testnet, with docs and codes available for developers.
Roam, a DePIN project that uses DIDs to create a Wifi network, is live on Solana Mobile. Roam allows users to connect to over 3.5 million OpenRoaming spots and earn rewards.
Midas, an RWA protocol backed by Coinbase Ventures, launched a new yield-bearing token called mBASIS. The mBASIS token is similar to Ethena’s sUSDe, which also uses a delta-neutral basis trading strategy to generate yield.
Zerion launched a testnet for ZERO, an EVM-compatible L2 rollup on the ZK stack with zero network fees for Zerion users.

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