let talk about the lsk move to integrate with the Ethereum ecosystem as a Layer 2 (L2). let see on that 😅
$LSK is will Launch its own layer 2 being an Ethereum rollup utilizing the op stack.
The Testnet of the lisk l2 ecosystem in live with the developer launch in Q2 leading to the transition to l2 of eth
Important 👇 The Mainnet launch anticipated later in 2024
The Lsk l2 chain enable to be 90% cheaper fees for developer while using the Ethereum mainet. Which will have 10x further improvement this year when Proto-Danksharding goes live next year of eth.
While the the $LSK l2 will focus on the emerging problem in the real-world assets (RWA), off-chain assets (OCA), and decentralized physical infrastructure networks (DePIN) onchain.
If you want watch a video on it 👇 go to @cryptoalphasnipe channel on YouTube
So, What you guys think about this move of lsk being an l2?
Bigger that Bitcoin THE Bitcoin layer2 module Built within NULS ChainBox to scale bitcoin
What is NULS Chainbox ? -A customized framework created by the nuls blockchains.
One of their new product. 👇 -NerveNetwork a cross-chain transfer from the Bitcoin Network integrated with the btc network while making a stemless transfer into the parallel chain and the Nerves network.
IN Progress (will be realized in 2024) 👇 -The NULS Bitcoin layer2 module is being built within NULS ChainBox to scale the Bitcoin network.
Important 👇
The integration with the nuls blockchains and the nervenetwork with the bitcoin layer2 will have an incredible growth for Nuls ecosystem.
The Problem 👇 -Most gaming chains wants to build their own chains Which create many problems while having existing problem which takes times to build their own infrastructure gaming chains.
While most chains try solving the problem project already have solved the problem example below
-Aavegotchi (GHST) building L3 for other gaming studio to use as well
- Immutable (IMX) Creating an l2 for other gaming studio to use as well (some what similar)
-Merit Circle (BEAMX) known as Beamx building their own gaming chains.
Choose the right chains depending on their gaming needs.
Which infrastructure would be the max in your portfolio of ?
-Mine max ( big bag) would be imx since they already have it going and many project are using their help to build their game.
If you have any knowledge regarding game project building their the own chain and not mention here let me know in comment bellow 👇
-The Problem Fragmented liquidity and complex multichain operations causing in Layer 2 solutions.
Solution 👇 -The project "$DODO " Decentralized Trading Protocol for Web3. Introduce A layer 3 dodochain an Omni Trading Layer 3 powered by Arbitrum and AltLayer.
-Dodochain A Rollup-Level Liquidity Layer that port greater transaction throughput and reducing network fees, Layer3 enhances transaction efficiency and achieves significant cost savings.
Using Arbitrum Orbit that allows developer to customize gas token, privacy, permissions allows any developer to easily and permissionlessly launch their own L3 Orbit chain on Arbitrum, with the freedom to customize gas tokens, privacy, permissions, governance,
🎯 DODOchain is built with a belief in modular blockchains using Arbitrum, Eigenlayer, AltLayer
The Narrative around many chains are modularity chains? 😅
The important 👇 what can be the alternative to this trend?
The challanges to modularity chains unintentionally causing fragmentation across liquidity, applications, and user bases.
-If you think about this issue ? 🤔 This Complicates the user experience and imposes limitations on developers who must follow specific tech stacks, consequently limiting their audience reach. example The gmail user is unable to sent mail to an outlook user.
-Here where Near protocal solve the issue buy using Chain Abstraction
-Where it aims to mitigate fragmentation, leveraging innovations like Zero-Knowledge (ZK) technology for cross-settlement and mesh security.
Here what solve all the issue with the "Introduction of chain signatures"
*A fresh technology that enables NEAR accounts to sign transactions for any blockchain.
🎯Being as a "Master Accounts"
-Holding keys to all chains. Where users will intract with multiple chains without the need to think of complex bridging procedure
-Possibilities for cross-chain transactions, enabling seamless interoperability between different blockchains networks.
-Currently suporting chains Bitcoin, Ethereum, Cosmos, DogeCoin, and XRP Ledger will expand additional networks including Solana, TON Network, and Polkadot in future.
*What with Bitcoin layer 2 Who is building ? -Bitcoin Layer 2 in short it's for bitcoin to scale while using btc as a settlment layer
-The antipating of the bitcoin halving. Most of the project building are more proble going to gain some attraction -So, i'll discuss the best Altcoin that i will be buying on the halving 🎯The important part 👇 In this article placing all the crypto that are more probbly going some attraction (if you have any layer 2 you know i dint add them in the comment's) $CKB- Building BTCkb BTC LAYER 2 FOR BITCOIN $LEVER- In short its's Bitcoin + interoperability + scalability communication with btc while btc being the underling assets (Not a layer 2) $CFX -Conflux Network is making an exciting strategic move by introducing an EVM-compatible Bitcoin Layer 2 solution. $STX - Building a Bitcoin Layer 2 $RIF - Building a Bitcoin Layer 2 Which is the best now that time will tell ? But what are your thoughts on my picks?
AI will win longterm ! What project should I keep an eye ?
Yes, Ai will be used in the Future but project that have a big share in the crypto market right now will more probly survive. And have that first mover advantage
-Here are some ai token that i have notice gainning attention. While having a big Market share.
These 3 token will merge to form one universal AI token known as the Artificial Superintelligence token $ASI. As each founder is free and want to bring forward the values and adoption of decentralized AI
*Fetch.ai ($FET ) - Advanced autonomous AI agents and blockchain infrastructure
*SingularityNET ($AGIX ) - AI development and integration
*Ocean Protocol ($OCEAN ) - Data sharing and monetization
Another, last token on my list is Iexec ( $RLC ) Which gives users control over their ownership of their Privacy and data of digital assets while monetization it.
-What the reasons? will it be better creating their own chains? 🤔
-The Problem here is more and more AAA game studios are expressing interest in operating their own chain. To supports their own game needs.
So, once gaming studio's build their own chain the problem adds to more like problem user's shift from chain's to chain's Chains having problem in identifying their saved game, sourcing, and maintaining different product integrations and partner relationships along their development journey and many issue.
The important part 👇
Immutable ($IMX ) Introducing Immutable Nexus -The Ecosystem of Gaming Chains which solve many problem by offering to create their own chain Dedicated zkEVM chains with complete Immutable platform support for Studio's.
These game-specific chains, alongside the public Immutable zkEVM blockchain, a shared liquidity service, and a network of partners, will form Immutable Nexus - an ecosystem of chains with shared liquidity, accessibility, and security.
*Immutable Nexus a layer 2 zkEVM, powered by Polygon having all the good stuff Scalability, Customization & Control, Monetization all what a gamming chains needs while having their own chain.
-Immutable zkEVM Mainnet is yet to launch its right now in private Mainnet.
-Aavegotchi ($GHST ) Perparing for its upcoming layer 3 (Gotchichain)
-The upcoming layer 3 chain a rollup dedicated to Aavegotchi a 2d pixelart gaming more simillar to roblox
-The layer 3 (L3) a rollup using Base chain (developed by Coinbase) as a settlement layer by leveraging the capabilities for scalability and low transaction costs and user friendly for dev's
🎯Can't be missed Gotchichain (L3) will remaining strongly aligned with Ethereum.
*Gotchichain, expected to drop in Q2 2024
OK, Reading another L3 but since it going to aligned with Ethereum and may have that Roblox outcome but on a blockchain
Most Would invest in INFRASTRUCTURE (Digital Payment)
$AMP Ampera Focus on Digital payment
-The main focus of Ampera is advancing the digital payment space
-Ampera have introduce two project which will towards their goal Ampera & Anvil.
What is ANVL ?
Anvil is the new collateral protocol for issuing digital letters of credit, governed by the ANVL token.
ANVL is still in private testnet phase
*Important Part* So, where does Ampera comes in all this Ampera is being used as collateral for Flex and now even going to be used in Anvil and other projects looking to decentralize transaction risk.
Ampera being a infrastructure and collateral for digital payment is worth the time seeing into this Project
Render new Announcment was mind Blown (Better for Stakers)
$RENDER + Stability AI + Staking ( What u think ? )
Render is Creating millions of 3D models
Render is intergrating will Stabilty Ai which will help in using 3D Artificial Intelligence which will help to create and augment one billion 3D assets for model training.
Here the best part when it comes to Stakers of the render token
Render nodes will participate in asset creation and storage. Buyers interested in using the dataset will pay exclusively in RENDER on the network. Users will have the option to stake RENDER and then receive rewards from nodes who generate training revenue.
To train 3D models using this dataset, Buyers will need to license the dataset with $RENDER tokens.
Who Ready for Brc-20 tokens contecting with EVM Chains not a taught but becoming a reality
This will brings the liquidity of BRC-20 tokens ecosystems of $ORDI and $SATS from fully participating in the thriving DeFi ecosystems that EVM Chains offer.
which will enable the brc-20 users th experience the rich DeFi landscape of EVM chain’s.
Think of the liquidity that will enter evm ecosystem to BRC-20 ecosystem and vice verce
Here the plan of $CELR Network
Phase 1: BRC-20 Bridge based on Celer SGN (Burn tokens on evm chains transfer to BRC-20 Chains)
Phase 2: Elevating Security and Decentralization with Brevis ZK (Will leverage Zero-Knowledge (ZK) and will take time to build due to its complexities )
SGN based BRC-20 bridge is expected to launch in a few weeks.(Phase 1)
To be honest I be watting till the phase 2 to launch let me know your oppinion on this or if you found similar project doing it