Author: cryptotaskzone.com

12 September 2024 Ethereum Open Community Projects L2 Standards Working Group Vitalik Buterin identified three crucial transitions for Ethereum: scaling through L2 rollups to reduce costs, enhancing wallet security via smart contract wallets for better security and user experience, and advancing privacy through privacy-preserving mechanisms. This article explores how integrating W3C Decentralized Identifiers (DIDs) and Verifiable Credentials (VCs) can address some of these challenges by improving the management of identities, keys, and addresses, leveraging existing decentralized identity solutions to aid Ethereum’s transitions efficiently to move to a more L2-based world. As Vitalik Buterin pointed out in a series of 2023…

Zero-knowledge rollup ZKM has been unveiled out of incubation from the MetisDAO Foundation, saying it plans to make Ethereum the “universal settlement layer for all blockchain and non-blockchain applications.” With funding from the foundation that oversees development of Metis, a layer-2 Ethereum protocol, ZKM is developing a hybrid approach that combines Optmistic and Zero-Knowledge rollups into one, according to an emailed announcement on Thursday. Rollups are a way of bundling transactions to improve throughput and lower transaction costs. The system plans to start operating on the Ethereum testnet in January next year. Metis will be the first network to use…

DENVER–(BUSINESS WIRE)–Palantir Technologies Inc. (NYSE:PLTR) and bp (NYSE:BP) have announced an enterprise agreement that will extend their strategic relationship and introduce new artificial intelligence capabilities with Palantir’s AIP software. “We are incredibly excited to continue our strategic relationship” Post this The new contract will build on a decade of deep collaboration that has created a firm foundation for bp’s oil and gas production operations, using Palantir’s industry-leading software. Since 2014, Palantir software has been deployed widely by bp to support its oil and gas production operations, from offshore oil platforms in the North Sea and the Gulf of Mexico, to…

Metaversal is a Bankless newsletter for weekly level-ups on NFTs and the onchain frontierDear Bankless Nation,Over the next couple of months, I’ll be leveling up the Metaversal experience.  The first part of the revamp kicks off next Thursday, April 4th, when I’ll migrate the newsletter from Substack into Bankless.com.At that point, your Substack subscription will evolve into a Bankless account, and you’ll start receiving Metaversal emails from team@bankless.com. This aesthetic and technical rebrand will pave the way for me to start the 2nd phase of the revamp, introducing new types of content and new types of experiences around Metaversal, that I’ll activate…

PRESS RELEASE – Today, the Digital Twin Consortium® (DTC) announced a significant expansion of its scope to include the development and execution of advanced digital engineering methodologies throughout the digital twin lifecycle. This progression builds upon the consortium’s expertise in digital twin methodology and enabling technology. It expands the DTC’s focus to cover the key domains and disciplines throughout the digital engineering ecosystem, including Model-Based System Engineering (MBSE), digital thread, and related strategies. By integrating advanced methodologies and leveraging industry-wide adoption of DTC existing frameworks and new work products in progress, the consortium is working to develop further and drive the…

SuperRare and Colonna Contemporary have partnered to present “The Elephant” by Amit Sharma, a captivating collection that marries real photographs with Generative AI. This innovative series investigates the psychological phenomena associated with False Memory, delving into how we perceive and remember the world around us. The Concept of “The Elephant” Amit Sharma’s “The Elephant” is an artistic exploration of the intricate play between perception and belief. By augmenting real photographs with Generative AI, Sharma invites viewers to question their understanding of reality. This series is divided into three thematic movements: residual memory, source confusion, and half-truth, each reflecting different aspects…

In a market dominated by optimism surrounding the price spikes of Bitcoin (BTC) and Ethereum (ETH), the non-fungible token (NFT) market has seen a decline in popularity. NFTs, which include digital artwork and collectibles recorded on blockchains, have recently experienced a notable loss of appeal.  According to a Bloomberg report, Google searches for NFTs have reached their lowest levels since 2021, when these tokens first gained mainstream attention. Popular NFT Collections Experience Steep Price Declines A significant drop in sales further highlights the NFT market’s struggles. Researcher DappRadar reveals that NFT sales have decreased by more than six percent to…

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The NFT space is constantly evolving, but with this evolution comes a set of technical challenges that can leave many collectors and artists scratching their heads. Recently, Ani from NFTRebels highlighted a critical issue with NFTs—particularly with KnownOrigin (KO) art tokens on Etherscan. The main concern? The art files associated with these tokens aren’t as secure as many believe, and navigating the technology can be daunting for those who aren’t tech-savvy. The Problem: Where’s the Art? When you look up a KO unsold art KODA token on Etherscan, what you see is just the tip of the iceberg. There’s no…

According to market-fixated tech pundits and professional skeptics, the artificial intelligence bubble has popped, and winter’s back. Fei-Fei Li isn’t buying that. In fact, Li—who earned the sobriquet the “godmother of AI”—is betting on the contrary. She’s on a part-time leave from Stanford University to cofound a company called World Labs. While current generative AI is language-based, she sees a frontier where systems construct complete worlds with the physics, logic, and rich detail of our physical reality. It’s an ambitious goal, and despite the dreary nabobs who say progress in AI has hit a grim plateau, World Labs is on…