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popoVest Exchange
Vest Exchange: Revolutionizing Decentralized Perpetual Futures with a Risk-Adjusted AMM Introduction Vest Exchange is a decentralized perpetual futures exchange that aims to democratize the financial system by allowing users to propose and trade almost any asset. By understanding human nature and the reasoning behind trades, Vest Exchange seeks to create a platform that captures the belief systems of different groups of people. This is achieved through a cutting-edge risk-engine shaped by aca...
popopolyhedra
what is Polyhedra? Polyhedra is a project where you can transfer your assets between networks and share data between web2 and web3 systems. You can also send direct messages onchain with your wallet through different blockchains, and it works just like internet emails. Polyhedra uses advanced zero-knowledge proof (ZKP) technology for its capability of providing high security, scalability, and privacy and aims to provide a reliable platform for asset transfer, onchain massaging, and in total, ...
popoLevel: The DeFi Game-Changer Redefining Stablecoin Yield Generation
Level: The DeFi Game-Changer Redefining Stablecoin Yield GenerationIn the ever-evolving world of cryptocurrency, a remarkable innovation has taken the DeFi landscape by storm. Level's lvlUSD isn't just another stablecoin—it's revolutionizing how we think about passive income in the digital asset space. In just five short months, this yield-generating powerhouse has exploded to an $80 million market cap and attracted serious attention from the crypto world's biggest players...
<100 subscribers
popoVest Exchange
Vest Exchange: Revolutionizing Decentralized Perpetual Futures with a Risk-Adjusted AMM Introduction Vest Exchange is a decentralized perpetual futures exchange that aims to democratize the financial system by allowing users to propose and trade almost any asset. By understanding human nature and the reasoning behind trades, Vest Exchange seeks to create a platform that captures the belief systems of different groups of people. This is achieved through a cutting-edge risk-engine shaped by aca...
popopolyhedra
what is Polyhedra? Polyhedra is a project where you can transfer your assets between networks and share data between web2 and web3 systems. You can also send direct messages onchain with your wallet through different blockchains, and it works just like internet emails. Polyhedra uses advanced zero-knowledge proof (ZKP) technology for its capability of providing high security, scalability, and privacy and aims to provide a reliable platform for asset transfer, onchain massaging, and in total, ...
popoLevel: The DeFi Game-Changer Redefining Stablecoin Yield Generation
Level: The DeFi Game-Changer Redefining Stablecoin Yield GenerationIn the ever-evolving world of cryptocurrency, a remarkable innovation has taken the DeFi landscape by storm. Level's lvlUSD isn't just another stablecoin—it's revolutionizing how we think about passive income in the digital asset space. In just five short months, this yield-generating powerhouse has exploded to an $80 million market cap and attracted serious attention from the crypto world's biggest players...
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intruduction
Kakarot, a novel implementation of the Ethereum Virtual Machine (EVM), is making waves in the blockchain ecosystem. Developed using the Cairo programming language, Kakarot is a zero-knowledge EVM (zkEVM) that offers provable transactions, a feature that sets it apart from other EVMs. This unique capability is made possible by the CairoVM, a Turing-complete provable CPU architecture that forms the foundation of Kakarot.
Kakarot's compatibility with Ethereum is a significant advantage, allowing developers to use existing smart contracts, tools, and wallets seamlessly. This compatibility extends to decentralized applications (dApps), making Kakarot a versatile platform for developers. The ultimate goal of Kakarot is to become a leading provider of zkEVM appchains, contributing to the scalability of Ethereum through the batching of verifiable transactions.
The project, which began in October 2022, has been open-source from the start, encouraging contributions from the community. Despite being a small team with limited resources, Kakarot has managed to develop a zkEVM using less than 10,000 lines of code, a testament to its efficiency and innovation.
how they will do it
At the heart of Kakarot is the CairoVM, a powerful virtual machine that enables provable execution. This forms the core of Starknet, a Layer 2 (L2) validity rollup in the Ethereum ecosystem. By representing execution as polynomials, the CairoVM allows every transaction on Starknet to be proven using STARKs. This means developers can write provable programs in a high-level language, a game-changing advantage in the world of zero-knowledge cryptography.
Kakarot's strategy focuses on bringing EVM compatibility to Starknet and utilizing fractal scaling. The team believes in the potential of Cairo as the leading toolkit for zero-knowledge engineering and anticipates that the EVM will continue to be the most widely used abstraction layer for developers. This is why they are integrating EVM compatibility into Starknet, allowing developers to deploy their Solidity dApps on Starknet using Kakarot.
The team also foresees the emergence of app-chains or app-specific L3s. By leveraging Kakarot's modular nature, they aim to develop a tool that enables one-click deployment of a zkEVM as an L3 solution on top of Starknet for specific applications. This setup offers benefits such as an EVM environment, low gas fees, and fast execution while ensuring cryptographic security.
Kakarot zkEVM is a powerful platform for developers, offering provable transactions and seamless integration with existing tools. It also provides interoperability with native Starknet protocols and allows for composability between different protocols. This means it can combine Total Value Locked (TVL) in DeFi with user bases in GameFi applications, offering a versatile platform for developers and end-users alike.
roadmap
Kakarot is a zkEVM project that aims to bring the EVM to Starknet, enabling developers to deploy their Solidity smart contracts directly on Starknet L2. the project is named after the protagonist of the popular anime Dragon Ball Z, and it has received support from Vitalik Buterin and StarkWare.
The project roadmap consists of three phases, each building on the previous one.
In the first phase, Kakarot will exist as an enshrined EVM inside Starknet L2, allowing developers to deploy their smart contracts on Starknet using their usual toolchain. this will enable end-users to interact with their dApps using their usual toolchain, making the developer and user experiences on Kakarot exactly the same as Polygon's, Scroll's, or Ethereum L1.
In the second phase, Kakarot and Madara will be integrated into a unified stack to enable L3 zkEVMs. this will enable teams to deploy zkEVM app-chains and settle transactions on Starknet using validity proofs. L3s that leverage validity proofs, such as Kakarot, have an interesting and underrated property: the ability to decouple security and decentralization. this means that users can benefit from the security of Ethereum L1 without requiring the same level of decentralization. additionally, computation is done off-chain or at higher layers, with on-chain verification, resulting in lower gas costs and higher performance.
In the third phase, Kakarot and Madara will be combined to enable type 1 zkEVMs.this is a more advanced use-case that depends on Ethereum's roadmap, most notably the VergeIf successful, Kakarot would become a type 1 zkEVM client, able to prove L1 blocks. Kakarot also has an advantage in that it has received support from Vitalik Buterin and StarkWare, not only in spirit but also in funding. however, compared to other ZK-EVMs, Kakarot is at a disadvantage with a team of less than 10 people, a much smaller budget, and brand recognition. despite this, the project is making progress towards its goal of bringing the EVM to Starknet and enabling L3 zkEVMs.
conclusion
In conclusion, Kakarot zkEVM is a groundbreaking implementation of the EVM, offering provable transactions and seamless integration with existing tools. Its compatibility with Ethereum and Starknet, coupled with its scalability and security features, make it a promising platform for the future of blockchain development.
Long story short, with Kakarot we can be able to see a lot of EVM compatible Dapps coming on Starknet for users and also developers can deploy their desired projects in a convenient way on Starknet, as simple as that.
official links:
website:
twitter:
https://twitter.com/KakarotZkEvm
github:
intruduction
Kakarot, a novel implementation of the Ethereum Virtual Machine (EVM), is making waves in the blockchain ecosystem. Developed using the Cairo programming language, Kakarot is a zero-knowledge EVM (zkEVM) that offers provable transactions, a feature that sets it apart from other EVMs. This unique capability is made possible by the CairoVM, a Turing-complete provable CPU architecture that forms the foundation of Kakarot.
Kakarot's compatibility with Ethereum is a significant advantage, allowing developers to use existing smart contracts, tools, and wallets seamlessly. This compatibility extends to decentralized applications (dApps), making Kakarot a versatile platform for developers. The ultimate goal of Kakarot is to become a leading provider of zkEVM appchains, contributing to the scalability of Ethereum through the batching of verifiable transactions.
The project, which began in October 2022, has been open-source from the start, encouraging contributions from the community. Despite being a small team with limited resources, Kakarot has managed to develop a zkEVM using less than 10,000 lines of code, a testament to its efficiency and innovation.
how they will do it
At the heart of Kakarot is the CairoVM, a powerful virtual machine that enables provable execution. This forms the core of Starknet, a Layer 2 (L2) validity rollup in the Ethereum ecosystem. By representing execution as polynomials, the CairoVM allows every transaction on Starknet to be proven using STARKs. This means developers can write provable programs in a high-level language, a game-changing advantage in the world of zero-knowledge cryptography.
Kakarot's strategy focuses on bringing EVM compatibility to Starknet and utilizing fractal scaling. The team believes in the potential of Cairo as the leading toolkit for zero-knowledge engineering and anticipates that the EVM will continue to be the most widely used abstraction layer for developers. This is why they are integrating EVM compatibility into Starknet, allowing developers to deploy their Solidity dApps on Starknet using Kakarot.
The team also foresees the emergence of app-chains or app-specific L3s. By leveraging Kakarot's modular nature, they aim to develop a tool that enables one-click deployment of a zkEVM as an L3 solution on top of Starknet for specific applications. This setup offers benefits such as an EVM environment, low gas fees, and fast execution while ensuring cryptographic security.
Kakarot zkEVM is a powerful platform for developers, offering provable transactions and seamless integration with existing tools. It also provides interoperability with native Starknet protocols and allows for composability between different protocols. This means it can combine Total Value Locked (TVL) in DeFi with user bases in GameFi applications, offering a versatile platform for developers and end-users alike.
roadmap
Kakarot is a zkEVM project that aims to bring the EVM to Starknet, enabling developers to deploy their Solidity smart contracts directly on Starknet L2. the project is named after the protagonist of the popular anime Dragon Ball Z, and it has received support from Vitalik Buterin and StarkWare.
The project roadmap consists of three phases, each building on the previous one.
In the first phase, Kakarot will exist as an enshrined EVM inside Starknet L2, allowing developers to deploy their smart contracts on Starknet using their usual toolchain. this will enable end-users to interact with their dApps using their usual toolchain, making the developer and user experiences on Kakarot exactly the same as Polygon's, Scroll's, or Ethereum L1.
In the second phase, Kakarot and Madara will be integrated into a unified stack to enable L3 zkEVMs. this will enable teams to deploy zkEVM app-chains and settle transactions on Starknet using validity proofs. L3s that leverage validity proofs, such as Kakarot, have an interesting and underrated property: the ability to decouple security and decentralization. this means that users can benefit from the security of Ethereum L1 without requiring the same level of decentralization. additionally, computation is done off-chain or at higher layers, with on-chain verification, resulting in lower gas costs and higher performance.
In the third phase, Kakarot and Madara will be combined to enable type 1 zkEVMs.this is a more advanced use-case that depends on Ethereum's roadmap, most notably the VergeIf successful, Kakarot would become a type 1 zkEVM client, able to prove L1 blocks. Kakarot also has an advantage in that it has received support from Vitalik Buterin and StarkWare, not only in spirit but also in funding. however, compared to other ZK-EVMs, Kakarot is at a disadvantage with a team of less than 10 people, a much smaller budget, and brand recognition. despite this, the project is making progress towards its goal of bringing the EVM to Starknet and enabling L3 zkEVMs.
conclusion
In conclusion, Kakarot zkEVM is a groundbreaking implementation of the EVM, offering provable transactions and seamless integration with existing tools. Its compatibility with Ethereum and Starknet, coupled with its scalability and security features, make it a promising platform for the future of blockchain development.
Long story short, with Kakarot we can be able to see a lot of EVM compatible Dapps coming on Starknet for users and also developers can deploy their desired projects in a convenient way on Starknet, as simple as that.
official links:
website:
twitter:
https://twitter.com/KakarotZkEvm
github:
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