Author: Kyle
Review: Lemon
Source: Content Guild - News
Arweave network data last week:
The Arweave mainnet has completed a total of 178,364,517 transactions and achieved 1.57 TiB of storage in a single week.
This week the storage fee was 0.748 AR/GiB, the block reward was 3,303 AR, and the endowment fund increased by 1,075.38 AR.
PermaDAO incentive distribution:
PermaDAO distributed a total of 126.2 $AR (a total of 5,352.61 USDC) as contribution incentives last week.
Weekly News Summary
🔥 Arweave mainnet has been online for 6 years.
🔥 Forward Research held Permaweb 1.0 launch event and announced the acquisition of Odysee.
🔥 Forward Research announced the acquisition of Web3 social media platform Solarplex.
🔥 AO ecological data aggregation platform Dexi is launched.
🔥 Sam will present AI results on AO on June 20th.
🔥 Decentralized lending protocol Operation Liquidity is online and the test network will be launched soon.
🔥 Permaswap launches liquidity incentive activity for AR/USDC.
🔥 everPay launches the fourth Everloot event, with a total prize pool of 80,000 $HALO.
🔥 Glacier Network announced that it has successfully raised $8 million in funding.
🧵 Glacier Network announced its partnership with Nimble Network.
🧵 Mind Network says its mainnet is undergoing a security review.
🧵 BazAR has been migrated to AO.
🧵 Permaverse has undergone a major upgrade.
🧵 RSS3 mainnet beta version is now online.
🧵 ao Ventures held its seventh and eighth thematic seminars.
🧵 MEM and AO have completed bidirectional integration.
🧵 Mind Network announced its partnership with OORT.
🧵 ArConnect wallet completed its second audit.
🧵 everPay has more than 45,000 registered users.
🧵 KYVE has exceeded 50 million transactions.
🧵 WeaveDB has accumulated more than 700,000 on-chain transactions.
🧵 Developer DAO launches course Arweave 101.
🧵 Warp has released a new Warp SDK plugin which has been integrated into AO.
🧵 Apus Network announced a strategic partnership with CoralApp.
Network & Project Progress
1. Arweave mainnet has been online for 6 years, and the network transaction volume has just exceeded 6 billion transactions.
The growth rate of Arweave network transaction volume has increased by 7 times year-on-year.
https://x.com/fwdresearch/status/1797892121225314361
2. Mind Network said its mainnet is undergoing a security review.
Mind Network is the first fully homomorphic encrypted restaking layer for AI and PoS networks, and its pre-mainnet phase is for developers and security researchers to help improve our security.
Aside from bug bounties, there are no incentives for testing products in the pre-mainnet phase.
https://x.com/mindnetwork_xyz/status/1797568163418370387
3. AO ecological data aggregation platform Dexi is launched.
Developed by Autonomous Finance, Dexi is an application built on the AO Network that automatically identifies, collects, and aggregates diverse financial data from various events within the AO Network through autonomous agent and response components.
Dexi's terminal is hosted on the Arweave network and is fully decentralized and permissionless. Users can access and browse trading asset pairs and related data through the web terminal, and can also perform asset exchange operations directly on the terminal.
Dexi provides a data subscription service that allows applications on the AO network to subscribe to data sources to obtain real-time updated financial data without the need for external oracles, which brings new revenue streams to developers.
https://x.com/autonomous_af/status/1798005970997547240
4. The RSS3 mainnet test version is now online.
https://x.com/rss3_/status/1797587954556424263
5. ao Ventures held the seventh and eighth thematic seminars.
The seventh keynote seminar invited RedStone founder Jakub Wojciechowski (@kuba_eth).
The eighth keynote seminar invited Tate (@TateBerenbaum), founder of Community Labs.
https://x.com/aoTheVentures/status/1798068793371238447
6. ArConnect wallet completed its second audit.
A second audit of ArConnect's codebase was conducted by Spearbit and Open Security Inc.
The full audit report can be found at: https://www.arconnect.io/audit-2024.pdf
https://x.com/arconnectio/status/1797615467978264993
7. Sam revealed that AO has made some key breakthroughs in AI technology and will announce the details and demonstrate the results on June 20.
Running full LLMs (like Llama 3, etc.) in AO smart contracts: This means that these AI models can now run directly in smart contracts on the blockchain and be able to make financial decisions.
Support for WASM64: This allows the protocol to use up to about 18 exabytes (EB) of memory, making it easier to process large-scale data.
WeaveDrive: This technology allows AO processes to access data on Arweave like a local hard drive.
https://x.com/samecwilliams/status/1797708520105582804
8. everPay has more than 45,000 registered users.
https://x.com/everpay_io/status/1797811136018235774
9. KYVE has exceeded 50 million transactions.
KYVE sends more than 200,000 transactions every day and has always been the most active public chain in the Cosmos ecosystem (data is stored in Arweave).
https://x.com/KYVENetwork/status/1798338292188168422
10. WeaveDB has accumulated more than 700,000 on-chain transactions.
https://x.com/weave_db/status/1798340437566275994
11. Warp has launched a new Warp SDK plug-in, which has been integrated into AO.
The new Warp SDK plugin supports executing JavaScript and TypeScript contracts in a secure sandbox, is compatible with the ES2020 specification and AO platform-specific global variables, and supports asynchronous code execution.
The Warp SDK plugin allows limiting memory usage and CPU cycles, and in the future will support all asynchronous features of Warp contracts such as internal read/write and key-value storage.
https://x.com/warp_contracts/status/1798339127294988564
12. Developer DAO launches course Arweave 101.
https://x.com/developer_dao/status/1798369667687526562
13. Permaverse has undergone a major upgrade.
Enhanced multiplayer systems (including user counting, automatic host reconnection, and sharding), added more active areas, improved the UI and dynamic particle effects, and fixed some general bugs.
Improved multi-account detection to ensure the fairest airdrop in crypto, and banned over 1,600 users for violating multi-account rules.
https://x.com/ThePermaverse/status/1798473925292126321
14. Permaswap launches liquidity incentive activities for $AR/$USDC.
The event will run from June 6 to June 20, and participants will share a $100,000 HALO prize pool.
https://x.com/Permaswap/status/1798656945542643790
15. Glacier Network announced that it has successfully raised $8 million in funding.
Glacier Network is dedicated to building data-centric blockchain infrastructure to enable AI acceleration at scale.
The financing was supported by multiple institutions including ForesightX, UOB Venture Management, Kucoin Ventures, etc.
Glacier Network provides GlacierDB and GlacierAI, which can seamlessly process datasets on Arweave, Filecoin, and BNB Greenfield, and launched GlacierDA to address the needs of GenAI and DePIN execution status.
https://x.com/Glacier_Labs/status/1798703388529664242
16. Forward Research held a Permaweb 1.0 launch conference and announced the acquisition of decentralized social media application Odysee.
Odysee is seen as a competitor to YouTube and is a platform with more users than farcaster and bluesky, and the acquisition is expected to bring 7 million users to Arweave.
Permaweb can permanently store content uploaded by users, making Odysee a social platform that is not subject to government censorship and content review restrictions.
https://x.com/fwdresearch/status/1798748571006902751
17. BazAR has been migrated to AO.
https://x.com/OurBazAR/status/1798761876823871707
18. Operation Liquidity, the decentralized lending protocol of AO ecosystem, is launched and the test network will be launched soon.
Operation Liquidity is a decentralized lending protocol based on Arweave and AO that allows users to use digital assets as collateral without having to sell them, providing a convenient lending experience.
The platform enables users to use digital assets as collateral without having to sell them, providing a smooth and user-friendly experience. Users can deposit their assets into a token pool and receive competitive interest rates, or they can borrow collateral on demand, with interest rates dynamically adjusted based on supply and demand.
The protocol supports multiple currencies to meet different financial needs, and plans to launch a test network in the near future.
https://x.com/CommunityLabs/status/1799150770736050514
19. everPay launches the fourth Everloot event, with a total prize pool of 80,000 $HALO.
Event time: 20:00 on June 7, 2024 - 20:00 on June 17, 2024.
Share $80,000 HALO by holding AR in everPay.
https://x.com/everpay_io/status/1799008986118955222
20. Forward Research announced the acquisition of Web3 social media platform Solarplex.
Solarplex will become an integral part of the decentralized social ecosystem on the Permaweb and operate as an open source, non-profit public product.
https://x.com/aoTheComputer/status/1799071817598153215
Project Cooperation & Integration
1. Glacier Network announced a partnership with Nimble Network to improve the efficiency and security of GenAI.
Nimble Network is an AI order book protocol for decentralized training and inference.
https://x.com/Glacier_Labs/status/1797544273854030097
2. MEM and AO have completed bidirectional integration.
This bidirectional integration ensures data flow and interaction between the two systems.
MEM supports sending data to the ao system, and can also read processed data from ao and transfer it back to MEM.
https://x.com/mem_tech/status/1797577503940165742
3. Mind Network announced a collaboration with OORT to further expand consensus security between AI applications.
OORT provides decentralized cloud services for AI applications, including storage and data pre-processing capabilities.
https://x.com/oortech/status/1797987092175184145
4. Apus Network announced a strategic partnership with CoralApp to create the future of decentralized GPU computing and digital ownership.
CoralApp is the first mobile ecosystem built for a multi-chain world, aiming to empower web3 with AI reasoning.
https://x.com/apus_network/status/1798612467351957580
Ecological Education
1. Research report from the well-known research institution Messari - "Arweave, AO, and AI - Modular Framework and Flexible Security".
AO is a new network based on Arweave and will increase the demand for Arweave.
AO has a modular architecture that separates consensus mechanisms from computation, enabling developers to scale the security and computing power of their applications.
AO creates a marketplace for computing providers and applications, ensuring that resources are allocated appropriately.
AO is VM-agnostic and suitable for deploying compute-intensive applications, especially AI and LLM.
https://x.com/bloomberg_seth/status/1796200159191216209
2. Ready Player Club’s interview with outprog – “From AR to AO to AI – Giving the Network Permanent Memory”.
outprog shifted from banking system development to blockchain, founded everFinance and launched everPay, later rebranded to everVision, and founded PermaDAO to explore new ways of collaboration.
Later, Arweave was discovered, and it was attracted by its decentralized, tamper-proof, and traceable characteristics, making it suitable for developing high-security projects and supporting smart contracts.
AO was introduced, which adopts the Actor Model mode and is suitable for AI computing and decentralized applications. Permaswap will become the financial infrastructure for a variety of applications.
https://x.com/rpcnftclub/status/1797895384393769104
3. BetterIDEa blog post - "Using the Test module to write unit tests for AO processes."
The key to developing decentralized applications on Arweave AO is to write variables and functions to store and modify data, and create handlers to process incoming messages and call defined functions.
Use Lua to write backend logic on BetterIDEa, and use developer rakis's unit test module to write unit tests to ensure the correctness and stability of the code.
The unit testing module is simple and intuitive to use, ensuring the quality and reliability of your application by adding assertions to verify the expected behavior of functions.
https://x.com/betteridea_dev/status/1797653357848563891
