Daily 10: First Web3 Project to Hit 1,000,000 Nodes; Privacy Headed for Ethereum, Litecoin Blockchains

January 30, 2019









The last week of January (yes, you read correctly) has gone off with a bang in the crypto space, with Monday and Tuesday seeing a slew of ecosystem developments. We’re talking successful fundraises, product launches, and records being broken.


To help you stay on top of it all, I pieced together a 34-part thread. Can’t be bothered looking through the whole thing? All good! Below, I’ve put what I considered the 10 most noteworthy inclusions. Enjoy!


[1] Kyber Network (KNC) announced that the InstaDapp-developed Easwap – an ERC20 token swap platform powered by Kyber’s on-chain liquidity protocol – is creating the first Permissionless Orderbook Reserve, a new fully on-chain reserve type built by Kyber that allows anyone to provide liquidity for the ecosystem in any ERC20-compliant token (without any action needed from the Kyber team).


Easwap will also develop the first user interface (UI) for anyone to easily and permissionlessly create and list an Orderbook Reserve on Kyber!


[2] Ethereum- and IPFS-powered blockchain platform for decentralized marketplaces, Origin Protocol, unveiled its Marketplace Creator tool. This allows you to construct a decentralized marketplace in a matter of minutes! Click here to learn how the tool is going to be rolled out.


[3] Waves (WAVES) announced that their smart accounts and smart assets are now available to developers on Microsoft’s Azure Marketplace in a special extension for Visual Studio Code, which simplifies the process of creating and operating smart contracts. The Waves Platform has been deployed in the Azure cloud since 2017.


As founder and CEO Sasha Ivanov tweeted, this further integration means that, “in a couple clicks[,] you can launch your private Waves network with non-turing complete smart contracts and fastest transactions.”

[4] The leading crypto cold storage solution provider, Ledger, has released its Ledger Live mobile app! Available on both Android and iOS.


This will prove a handy companion app for the soon-to-be-launched Ledger Nano X. For now, Nano S and Blue users can check their balances through the new app. A full version is being built for these two products, also. Busy times for Ledger!


[5] The Elastos Foundation – the legal entity steering the Elastos (ELA) project – announced that the number of TV Box units equipped with Elastos Carrier nodes has broken through the 1,000,000-mark, largely thanks to their hardware collaboration with Shanghai Shijiu.


In doing so, Elastos becomes the first Web 3.0 project to reach the milestone of one million distributed nodes. Using the Elastos Carrier, users and applications on the web can directly communicate with each other by routing information through a network that scales as more nodes join and participate.


[6] 0x Ecosystem Acceleration Program member BoxSwap launched the public beta version of its NFT wallet! Also features – thanks to 0x (ZRX) – the ability to instantly purchase any ERC20-compliant token commonly used in the NFT space. How cool!


[7] Kyle Samani and Tushar Jain’s Multicoin Capital announced in an investment thesis that it had recently led a $2.5M seed round in the San Francisco-based Graph Protocol, a project they consider to be “one of the most important protocols in the Web3 stack.”


For those unaware, Graph Protocol is an indexing and query protocol for web3 via GraphQL, a query language for APIs and a runtime for fulfilling those queries with your existing data. Advisors feature the CTO of Decentraland (MANA), CEO of Balance, head of Tendermint Labs, and CEO of Althea.


[8] AZTEC Protocol revealed that, last Friday, they released the Confidential Token Standard, backed by the AZTEC cryptography engine (i.e., “the equivalent of the ERC20 token standard but in zero knowledge”)! Head to GitHub for the full details re zkERC20 (i.e., EIP-1724), as authored by AZTEC co-founder and CTO, Zac Williamson.


[9] Speaking of confidential transactions (CTs), Litecoin (LTC) creator Charlie Lee tweeted that he is currently “focused on making Litecoin more fungible by adding Confidential Transactions.”


[10] Today saw the Arwen (formerly Commonwealth Cryptoannounce the release their testnet trading application, their updated whitepaper detailing the Arwen protocol, as well as their first exchange partner (i.e., KuCoin) to offer the Arwen secure trading solution.

Arwen is aiming to let centralised exchange users self-custody their private keys and conduct off-chain transactions. They also received a nice writeup in Forbes today. Keep an eye on ’em!

Want to see all 34 parts of today’s thread? All you have to do is click on the tweet shown below.

I compose threads like these several times a week. Following @mwill_crypto will allow you to read them hot off the press. If you loathe a clogged feed then, by all means, give me the flick and follow @NuggetsNewsAU instead. They actually do interviews and what not. Whereas I…well I just tweet about them!

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