According to Foresight News, at the "FORESIGHT 2024" annual summit, Supra co-founder and CEO Joshua Tobkin said in his keynote speech "Supra Layer1: An integrated blockchain that empowers a new generation of super dApps" that Supra aims to break through the current limitations on Ethereum and provide an integrated blockchain for super DApps. Unlike modular architecture, Supra proposes a fully vertically integrated solution to simplify the experience of users and developers managing different tokens and services. Supra uses the MoonShot consensus algorithm and uses the Shuffle mechanism to regularly adjust and reorganize nodes and clients to improve network vitality. In terms of attracting developers, Supra has launched a developer competition with a total of US$1 million to support innovative projects in the form of tokens. Currently, 150 projects are interested in deploying to Supra.
The annual FORESIGHT 2024 summit was held at the Hong Kong Ocean Park Marriott Hotel from August 11 to August 12. The full live broadcast is now available on the Foresight News official website. This summit is co-organized by Foresight Ventures, Foresight News and The Block. It aims to provide a stage for communication and collision of ideas for global Web3 builders, and to build a bridge connecting the East and the West and bridging regional differences. We invited senior political officials, industry leaders, heads of traditional institutions, top VC investors and representatives of popular projects to discuss dozens of hot topics such as the new chapter of Web3 in Asia, the strategic opportunities and challenges of institutional entry, the regulatory context under the background of compliance, the new trend of global Web3 investment, the Bitcoin ecosystem, AI+Crypto from narrative to application, large-scale application of ZK, and social networking.
