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Shoal Research, an encryption research institution, analyzed the current related projects in the parallel field of blockchain, including the progress of Solana (SVM), parallel EVM (Sei, Monad) and MoveVM (Aptos, Sui, Movement), and analyzed the challenges faced in this field. and opportunities.

The article explores the application of parallel execution technology in the blockchain domain, particularly how it enhances transaction efficiency, reduces costs, and improves user experience. Solana, as a pioneer of parallel execution, demonstrates its advantages in processing speed and throughput. The article provides a detailed explanation of how blockchain transactions work, including the transaction lifecycle, the role of the mempool, and the operation of blockchains without a mempool. Parallel execution allows blockchains to process multiple non-conflicting transactions simultaneously, thereby increasing network throughput and scalability. The article also discusses different models of parallel execution, including deterministic and optimistic models, and analyzes the teams and projects driving parallel execution in the market, such as Solana, Parallel EVM, Sei Network, Monad, Move language, Aptos, Sui, and Movement Labs.

Bitcoin Puppets is a collection of 10,001 unique PFP (profile picture) NFTs, hand-drawn and created in MS Paint by a 12-year-old child. The collection has rapidly gained popularity in the Web3 community, with the floor price once reaching 0.408 BTC. The story behind the project and the community building are key to its success, including interaction with the Discord community and a commitment to original art. The design of Bitcoin Puppets includes many elements contributed by the community, such as specific features and logos. Despite divided public opinion on its artistic style, its price and community enthusiasm continue to rise. The Puppet Master (project founder) avoids traditional project operations, emphasizing community-driven and expectation-free organic growth. Bitcoin Puppets has also spawned a range of memes, merchandise, and events, including the $PUPS token and related NFT airdrops.

In the crypto space, Venture capital (VC) firms play a major role in funding startups and projects focused on cryptocurrency, blockchain technology, and related fields.

This article describes the advancements of SNARK since its introduction in the mid-1980s.

There are two practical challenges when constructing a proof system based on binary fields: First, the field size used for trace representation in STARKs should be larger than the degree of the polynomial. Second, the field size used for the Merkle tree commitment in STARKs must be greater than the size after Reed-Solomon encoding extension. Binius is an innovative solution to address these two problems by representing the same data in two different ways.

Blackbird is a Web3 dining loyalty platform that aims to enhance the dining experience and loyalty of consumers by leveraging Web3 technology to provide more personalized, valuable, and engaging services for the restaurant industry. It seeks to create a unique public points alliance within the restaurant industry through blockchain technology and its $FLY token, establishing a close-knit network between customers and restaurants. The $FLY token acts as a digital reward point, allowing customers to share points across various restaurants. By utilizing Web3 concepts and technology, Blackbird enables more direct and trustworthy relationships and transactions between restaurants and customers, while also improving the quality and personalization of dining experiences and services.