Web3 Builder News 7/8-7/14

Pyth launches MEV Solution, Notcoin launches TON Accelerator, Uniswap's Permit2 explained

Grants & Accelerators

• Notcoin, 1inch, and Sign launched “Triangle”, a startup accelerator to enhance Telegram and TON ecosystems. Triangle aims to support the development of consumer apps bridging web2 and web3.
• Golem Network launched Golem Ecosystem Fund, a program aimed to accelerate the growth of the Golem Network and its ecosystem by providing resources to developers, researchers, entrepreneurs, and innovators.

Hackathons & Events 🧑‍💻

• Chainlink announces Hacker House, a two-day event happening during the Chainlink SmartCon conference that will take place on October 30-31, 2024.
• Open Campus introduces the EDU Chain Hackathon Series, an online competition to launch DApps on EDU Chain for education with a $1M total prize pool. Semester 1 focuses on DeFi and Infrastructure and will start on July 15, sharing a $200,000 prize pool.

Research 🧑‍🔬

• nero_eth published “Deep Diving Attestations - A quantitative analysis”, diving into the performance of Ethereum validators by analyzing their attestation behaviors.
• kakia89, Christoph Schlegel, Benny Sudakov, and Danning Sui published “Searcher Competition in Block Building”, exploring how rewards from finding valuable opportunities (MEV rewards) are shared between validators and searchers in blockchain systems.
• 0xBrainjar2 published “Mantis: Driving Ethereum’s Cross-Domain Future”, introducing a trust-minimized way to connect Ethereum with other blockchains using the IBC Protocol, enhancing cross-chain communication.
• wdai published “L2 Asset Interoperability via Two-way Canonical Bridges”, introducing a method that allows assets created on L2 to be moved back to L1 and other L2s easily and safely.
• aelowsson published “MEV resistant dynamic pricing auction of execution proposal rights”, exploring a new way to auction off the rights to propose transactions on the Ethereum blockchain.
• aelowsson and Anders published “Sealed execution auction”, exploring a new way to auction off the right to propose execution blocks in blockchain systems.
• felipeargento and pedroargento published “Staking Rights Auctions”, exploring a new way to manage how people earn rewards for staking their cryptocurrency.
• MaxC published “Bitfinity: A new sharded blockchain”, proposing a new type of blockchain that uses a technique called sharding to make it faster and more scalable.

Tooling 🛠

Ethereum

• Pyth Network launched Express Relay on mainnet, introducing a decentralized solution to the issue of Miner Extractable Value (MEV) in DeFi transactions.
• Nethermind introduces Clear, a formal verification tool for Solidity smart contracts that expresses any on-paper verification into mechanized proofs.
• thirdweb launches Pay dashboard, a complete suite of analytics for developers to understand the financial performance of their app or game.
• SolidityScan announces integration with Remix, allowing developers to scan smart contracts for vulnerabilities directly within Remix IDE using SolidityScan.
• Péter Szilágyi released ssz, a package that provides a zero-allocation, opinionated toolkit for working with Ethereum's Simple Serialize (SSZ) format through Go.
• Jesse Raymond released gevm, an isolated Ethereum Virtual Machine (EVM) implementation from scratch, written in Go.
• Lodestar v1.20.0 is out featuring support for SSZ APIs and bug fixes for issues with Sepolia or Holesky. Lodestar is an open-source Ethereum Consensus (Eth2) client and TypeScript ecosystem.

L2s

• Gasp launches Gasp Testnet 2.0, an upgrade designed to enhance the development and integration of various blockchains, including Layer 2 (L2s) solutions, into the Gasp ecosystem.

Solana

• Drift Protocol released its open-sourced blinks solana-actions-server.
• ORE, a fair-launch mining project built on Solana, launched ORE v2 to Solana devnet for public testing.

Education/Mechanism 🧑‍🏫

• Charles Wang explains Uniswap’s Permit2, a new permissioning system that allows users to approve token spending permissions to smart contracts in a completely new way.
• RareSkills explores the initializable smart contract design pattern when using the Initializable.sol library imported from OpenZeppelin in upgradeable smart contracts.
• Solayer explores the Solana cluster and the role of validators in the Solana network.
• Flint_14si2o shares the roadmap to becoming a successful web3 auditor.

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Infrastructure 🏗

Ethereum

• Hyperledger Besu v24.7 is out featuring support for the LUKSO network, eth_maxPriorityFeePerGas, and improvements to BFT consensus algorithms.

L2s

• Taiko v1.8.0 is out featuring key updates for withdrawBond, Ring buffer, new CalldataTxList event for DA, and improved Bridge contract.

L1s

• Worldcoin Foundation launched World Chain developer preview, offering developers the opportunity to reach users with compatible wallets. This initiative begins with the World App, developed by project contributor Tools for Humanity (TFH).
• Polyhedra Network introduces the ZKJ chain, a new Layer-1 blockchain built for joint computing enabled by zero-knowledge.

Bitcoin

• ZKM plans to launch Bitcoin Layer 2 GOAT Network, aimed to be the first Bitcoin L2 to share network ownership and fees, by decentralizing its sequencer.

Security 👾

• 0xngmi shares a list of domains of more than 200 DeFi Apps that have been identified at risk from Squarespace DNS hijacking attacks.
• Dough Finance, an open-source protocol to create non-custodial liquidity markets, suffered a $1.8M exploit due to the lack of validation / unvalidated calldata in the ConnectorDeleverageParaswap contract.

Bug Bounties 🐞

• Xterio, a Web3 gaming ecosystem and infrastructure, launched a bug bounty program on ImmuneFi with bounties of up to $80,000 USDC.
• Fenix Finance, the trading and liquidity marketplace for Blast, launched an audit competition on Hats finance with rewards of up to 12,000 USDC.
• Marginal, a permissionless DEX that enables leverage on any asset with a Uniswap V3 Oracle, launched a bug bounty program on Cantina with total rewards of $100,000.
• Vesu, a modular and permissionless lending protocol, launched a bug bounty program on ImmuneFi with bounties of up to $100,000 USDC.

Product Launches 🚀

• Usual Money, a RWA stablecoin protocol, launches public mainnet. Usual allows users to get USD0 and bond it into USD0++ Liquid Bond, an enhanced T-bill with yield through ownership & governance redistribution.
• SuperBoring, a DCA exchange on Base L2, launches to the public with its referral program available for users to earn a commission of $BORING.
• Penumbra, a private proof-of-stake network and decentralized exchange for the Cosmos ecosystem, is live in Phase 0 of a three-stage process.
• JuicyPerp, a gamified options trading protocol, is live on Arbitrum. JuiceyPerp has introduced Perpetual Battles, allowing users to trade and predict nearly anything through gamified on-chain options.

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