Automata NetworkThe Inference, Log 01
A newsletter from Automata, following the weird, wild and occasionally world-changing things happening in AI. For builders, researchers, and the curious. Reve Image 1.0 delivers on realism and prompt fidelity Codenamed ‘Halfmoon’, Reve Image 1.0 has emerged as a leading image generation model, outperforming Imagen3 and Recraft v3 in realism, prompt alignment, and text rendering. It supports a wide range of styles and handles detailed instructions with consistency. The model is currently free ...
Automata NetworkPrivacy Matters, 53
gm, readers. At Automata we work on protecting privacy and fairness. And in this newsletter, we find more reasons to talk about it. Explore headlines and catch up on the biggest crypto news in Web3 privacy. Zooming into ZK:Polygon launches open-source ZK proving system 'Plonky3'Pixelverse integrates Pudgy Penguins character into Telegram mini-gameZcash community approves 20% block reward allocation for decentralized grantsSubscribeWe dive into the details, so you don’t have to: Poly...
Automata NetworkPrivacy Matters, 39
gm, readers. At Automata we work on protecting privacy and fairness. And in this newsletter, we find more reasons to talk about it. Explore headlines and catch up on the biggest crypto news in Web3 privacy. This week:Puffer launches public testnet for its Secure-Signer technologyCertiK cautions that hackers could carry out a remote code execution (RCE) attack via Telegram's media processingWorldcoin enhances privacy measures, introduces unverification of World IDsAstria publishes proposa...
Extends machine trust to Web3 with TEE Coprocessors.
Automata NetworkThe Inference, Log 01
A newsletter from Automata, following the weird, wild and occasionally world-changing things happening in AI. For builders, researchers, and the curious. Reve Image 1.0 delivers on realism and prompt fidelity Codenamed ‘Halfmoon’, Reve Image 1.0 has emerged as a leading image generation model, outperforming Imagen3 and Recraft v3 in realism, prompt alignment, and text rendering. It supports a wide range of styles and handles detailed instructions with consistency. The model is currently free ...
Automata NetworkPrivacy Matters, 53
gm, readers. At Automata we work on protecting privacy and fairness. And in this newsletter, we find more reasons to talk about it. Explore headlines and catch up on the biggest crypto news in Web3 privacy. Zooming into ZK:Polygon launches open-source ZK proving system 'Plonky3'Pixelverse integrates Pudgy Penguins character into Telegram mini-gameZcash community approves 20% block reward allocation for decentralized grantsSubscribeWe dive into the details, so you don’t have to: Poly...
Automata NetworkPrivacy Matters, 39
gm, readers. At Automata we work on protecting privacy and fairness. And in this newsletter, we find more reasons to talk about it. Explore headlines and catch up on the biggest crypto news in Web3 privacy. This week:Puffer launches public testnet for its Secure-Signer technologyCertiK cautions that hackers could carry out a remote code execution (RCE) attack via Telegram's media processingWorldcoin enhances privacy measures, introduces unverification of World IDsAstria publishes proposa...
Extends machine trust to Web3 with TEE Coprocessors.
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gm, readers.
At Automata we work on protecting privacy and fairness. And in this newsletter, we find more reasons to talk about it. Explore headlines and catch up on the biggest crypto news in Web3 privacy.
This week:
Worldcoin Foundation unveils World Chain developer preview ahead of Mainnet launch
Privado ID launches web wallet to revolutionize privacy and streamline user interactions
Op-Ed:
Enhancing supply chain transparency with ZK Proofs
Conversations you’ve missed:
=nil; Foundation's CPO Avi Zurlo discusses the significance of horizontal scaling for blockchain technology, specifically through zkSharding for Ethereum
Zooming into ZK:
ZKM to launch Bitcoin Layer-2 GOAT Network with 5,000 BTC in commitments
PancakeSwap announces 2.4M ZK token airdrop
Starknet to launch staking on Mainnet in Q4 following Testnet debut
Pudgy Penguins and Unstoppable Domains launch .pudgy domains for virtual world access
Hinkal to launch 'Shared Privacy Protocol' for cross-chain anonymity staking in DeFi
We dive into the details, so you don’t have to:
Interoperability protocol ZKM, co-founded by Metis co-founder Kevin Liu, announced plans to launch a Bitcoin Layer 2 solution called GOAT Network later in Q3. The network, which has already secured 5,000 BTC in commitments from institutional node operators, aims to be the first decentralized Bitcoin Layer 2 to share network ownership and fees. The project also plans to open a $5 million Series A fundraising round soon, with the goal of uniting fragmented liquidity across different blockchain ecosystems.
Eli Ben-Sasson, CEO of StarkWare, announced at EthCC that Starknet plans to introduce staking by the end of 2024 through a Starknet Improvement Proposal (SNIP). If approved by the community, the staking feature will first be launched on the testnet, with a mainnet release scheduled for Q4. The staking protocol will allow Starknet tokenholders to participate in network activities, with responsibilities and rewards increasing over time. The initial rollout will involve running full nodes and adhering to staking rules, with subsequent stages requiring real-time attestations and proving activities to secure the network.
Hinkal, an institutional-grade self-custodial protocol, is preparing to launch its "Shared Privacy Protocol." Dubbed the 'EigenLayer for Privacy,' this protocol facilitates cross-chain privacy through anonymity staking. By pooling shielded liquidity across more than 200 layer 1 and layer 2 chains, Hinkal aims to address liquidity fragmentation in DeFi and promote discreet trading. Hinkal leverages ZK-proofs and stealth addresses to ensure compliant and confidential transactions on major Ethereum Virtual Machine (EVM) chains.
Connect with Automata on both X (Twitter) and Discord.
This newsletter is for informational purposes only. It is not intended to be a substitute for professional financial advice or interpreted as investment advice. Cryptocurrencies are volatile assets and you should always do your own research before making any informed decisions when investing or trading.
gm, readers.
At Automata we work on protecting privacy and fairness. And in this newsletter, we find more reasons to talk about it. Explore headlines and catch up on the biggest crypto news in Web3 privacy.
This week:
Worldcoin Foundation unveils World Chain developer preview ahead of Mainnet launch
Privado ID launches web wallet to revolutionize privacy and streamline user interactions
Op-Ed:
Enhancing supply chain transparency with ZK Proofs
Conversations you’ve missed:
=nil; Foundation's CPO Avi Zurlo discusses the significance of horizontal scaling for blockchain technology, specifically through zkSharding for Ethereum
Zooming into ZK:
ZKM to launch Bitcoin Layer-2 GOAT Network with 5,000 BTC in commitments
PancakeSwap announces 2.4M ZK token airdrop
Starknet to launch staking on Mainnet in Q4 following Testnet debut
Pudgy Penguins and Unstoppable Domains launch .pudgy domains for virtual world access
Hinkal to launch 'Shared Privacy Protocol' for cross-chain anonymity staking in DeFi
We dive into the details, so you don’t have to:
Interoperability protocol ZKM, co-founded by Metis co-founder Kevin Liu, announced plans to launch a Bitcoin Layer 2 solution called GOAT Network later in Q3. The network, which has already secured 5,000 BTC in commitments from institutional node operators, aims to be the first decentralized Bitcoin Layer 2 to share network ownership and fees. The project also plans to open a $5 million Series A fundraising round soon, with the goal of uniting fragmented liquidity across different blockchain ecosystems.
Eli Ben-Sasson, CEO of StarkWare, announced at EthCC that Starknet plans to introduce staking by the end of 2024 through a Starknet Improvement Proposal (SNIP). If approved by the community, the staking feature will first be launched on the testnet, with a mainnet release scheduled for Q4. The staking protocol will allow Starknet tokenholders to participate in network activities, with responsibilities and rewards increasing over time. The initial rollout will involve running full nodes and adhering to staking rules, with subsequent stages requiring real-time attestations and proving activities to secure the network.
Hinkal, an institutional-grade self-custodial protocol, is preparing to launch its "Shared Privacy Protocol." Dubbed the 'EigenLayer for Privacy,' this protocol facilitates cross-chain privacy through anonymity staking. By pooling shielded liquidity across more than 200 layer 1 and layer 2 chains, Hinkal aims to address liquidity fragmentation in DeFi and promote discreet trading. Hinkal leverages ZK-proofs and stealth addresses to ensure compliant and confidential transactions on major Ethereum Virtual Machine (EVM) chains.
Connect with Automata on both X (Twitter) and Discord.
This newsletter is for informational purposes only. It is not intended to be a substitute for professional financial advice or interpreted as investment advice. Cryptocurrencies are volatile assets and you should always do your own research before making any informed decisions when investing or trading.
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