InfoFi Trinity "Mouth-Looting" Guide: Kaito, Cookie, and Galxe
Over the past week, the cryptocurrency market has been sluggish, but "mouth-looting" has gained attention as a new way to participate. This article focuses on the three major "mouth-looting" projects: Kaito, Cookie, and Galxe. In the past week, the market has been in a tug-of-war, with the overall cryptocurrency market falling into a slump. Both price performance and community discussion热度 have been as stagnant as a dead pool. However, in this silence, a new way of participation has increasin...
The Quiet End of an Era: How Wallets Lost the Battle for Traffic to CEXs
An era has quietly come to an end. Wallets, as standalone products, seem to have reached their twilight. Struggling with profitability, they are increasingly being acquired or integrated by centralized exchanges (CEXs) or traditional fintech giants, becoming mere components of larger ecosystems—such as stablecoin payments—rather than the focal point of industry development.The Decline of Standalone WalletsFor entrepreneurs in the space, persistence has become a virtue in itself. The goal? Sur...
Impact of SynFutures' Entry into AI Agents
From SynFutures to AI Agents: A New Era for DeFAI The product form of AI Agents is more suited to appear as embedded service middleware, which helps to bring the trading experience back to the simplicity and intuitiveness of Web2. The revival of the AI Agent track will not be driven by "CA engineers" who excel in performance, but by "product engineers" who focus on practical implementation. In the midst of a market sentiment storm caused by the collective failure of on-chain PVP leaders and t...
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InfoFi Trinity "Mouth-Looting" Guide: Kaito, Cookie, and Galxe
Over the past week, the cryptocurrency market has been sluggish, but "mouth-looting" has gained attention as a new way to participate. This article focuses on the three major "mouth-looting" projects: Kaito, Cookie, and Galxe. In the past week, the market has been in a tug-of-war, with the overall cryptocurrency market falling into a slump. Both price performance and community discussion热度 have been as stagnant as a dead pool. However, in this silence, a new way of participation has increasin...
The Quiet End of an Era: How Wallets Lost the Battle for Traffic to CEXs
An era has quietly come to an end. Wallets, as standalone products, seem to have reached their twilight. Struggling with profitability, they are increasingly being acquired or integrated by centralized exchanges (CEXs) or traditional fintech giants, becoming mere components of larger ecosystems—such as stablecoin payments—rather than the focal point of industry development.The Decline of Standalone WalletsFor entrepreneurs in the space, persistence has become a virtue in itself. The goal? Sur...
Impact of SynFutures' Entry into AI Agents
From SynFutures to AI Agents: A New Era for DeFAI The product form of AI Agents is more suited to appear as embedded service middleware, which helps to bring the trading experience back to the simplicity and intuitiveness of Web2. The revival of the AI Agent track will not be driven by "CA engineers" who excel in performance, but by "product engineers" who focus on practical implementation. In the midst of a market sentiment storm caused by the collective failure of on-chain PVP leaders and t...
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Recent Updates from Aztec
On May 2, Aztec Network announced the official launch of its public testnet and released relevant data today: over 20,000 Playground users, more than 10 applications launched, and over 500 full nodes. The launch was praised by A16z partner Alive, who called it a significant milestone!
Introduction to Aztec
Aztec is a Layer 2 scalable privacy ZK-rollup protocol on Ethereum, somewhat like an enhanced version of Tornado Cash, helping decentralized applications achieve privacy and scalability. It is protected by the industry-standard Plonk proof mechanism and is being applied in leading zero-knowledge scaling projects. Its vision is to "code for everyone"!
Core Advantages of Aztec
Aztec's vision is "Encryption for all," aiming to fulfill Ethereum's original promise of creating a decentralized and verifiable world computer. It has gained support from multiple institutions:
Privacy
It adopts the ZK-ZK Rollup (ZK²) technical solution, breaking through the limitations of Tornado Cash and becoming the first Rollup to support calling mainstream DeFi protocols.
PLONK Proofs
The PLONK proof system is based on the PlonK algorithm, a universal zero-knowledge proof algorithm that achieves two improvements: universality and upgradability, as well as trade-offs and compatibility.
Low Gas Costs
ZK-Rollup batch processing, combined with homomorphic encryption and range proofs, optimizes the verification efficiency of zero-knowledge proofs and reduces interaction costs. It can save at least 10 times the gas in various operations.
Years of Technical Accumulation
The team has been working on this product for over eight years, pushing this cutting-edge technology closer to the mainnet.
Aztec Team
Founded in 2017, the Aztec team has strong technical capabilities. The core members include several top cryptographers in the industry (the proposers of the PlonK algorithm). Initially established for DeFi, the team later focused on the development of zk technology:
Zachary Williamson, one of the founders, holds a Ph.D. in particle physics from Oxford University and is one of the inventors of PLONK and a ZKP expert.
Joe Andrews, Head of Product, holds a Bachelor of Engineering in Materials Science from Imperial College London and previously served as CTO at Radish, a Silicon Valley food startup.
Ariel Gabizon, formerly a researcher at Protocol Labs and an engineer at Zcash, specializes in zk-SNARK technology and graduated from the Hebrew University of Jerusalem.
Aztec Financing
Aztec has received significant funding, including a recent round led by A16z, breaking the $120 million mark. The project has also garnered support from Coinbase, reflecting its growing popularity and potential in the market.
Summary of Aztec's Future
Founded in 2017, Aztec has undergone transformations and successively launched PlonK, zk money, Aztec Connect, and Noir. It can be considered an impressive entrant. After all, Vitalik Buterin has been involved in four projects: StarkWare, Aztec Network, Kakarot, and Nocturne, all of which belong to the ZK track. This explains why Aztec has gained favor from institutions like a16z and Coinbase. Overall, Aztec's product features are simple and straightforward. If its functionality performs well, it is expected to secure a place in Layer 2 solutions.
Recent Updates from Aztec
On May 2, Aztec Network announced the official launch of its public testnet and released relevant data today: over 20,000 Playground users, more than 10 applications launched, and over 500 full nodes. The launch was praised by A16z partner Alive, who called it a significant milestone!
Introduction to Aztec
Aztec is a Layer 2 scalable privacy ZK-rollup protocol on Ethereum, somewhat like an enhanced version of Tornado Cash, helping decentralized applications achieve privacy and scalability. It is protected by the industry-standard Plonk proof mechanism and is being applied in leading zero-knowledge scaling projects. Its vision is to "code for everyone"!
Core Advantages of Aztec
Aztec's vision is "Encryption for all," aiming to fulfill Ethereum's original promise of creating a decentralized and verifiable world computer. It has gained support from multiple institutions:
Privacy
It adopts the ZK-ZK Rollup (ZK²) technical solution, breaking through the limitations of Tornado Cash and becoming the first Rollup to support calling mainstream DeFi protocols.
PLONK Proofs
The PLONK proof system is based on the PlonK algorithm, a universal zero-knowledge proof algorithm that achieves two improvements: universality and upgradability, as well as trade-offs and compatibility.
Low Gas Costs
ZK-Rollup batch processing, combined with homomorphic encryption and range proofs, optimizes the verification efficiency of zero-knowledge proofs and reduces interaction costs. It can save at least 10 times the gas in various operations.
Years of Technical Accumulation
The team has been working on this product for over eight years, pushing this cutting-edge technology closer to the mainnet.
Aztec Team
Founded in 2017, the Aztec team has strong technical capabilities. The core members include several top cryptographers in the industry (the proposers of the PlonK algorithm). Initially established for DeFi, the team later focused on the development of zk technology:
Zachary Williamson, one of the founders, holds a Ph.D. in particle physics from Oxford University and is one of the inventors of PLONK and a ZKP expert.
Joe Andrews, Head of Product, holds a Bachelor of Engineering in Materials Science from Imperial College London and previously served as CTO at Radish, a Silicon Valley food startup.
Ariel Gabizon, formerly a researcher at Protocol Labs and an engineer at Zcash, specializes in zk-SNARK technology and graduated from the Hebrew University of Jerusalem.
Aztec Financing
Aztec has received significant funding, including a recent round led by A16z, breaking the $120 million mark. The project has also garnered support from Coinbase, reflecting its growing popularity and potential in the market.
Summary of Aztec's Future
Founded in 2017, Aztec has undergone transformations and successively launched PlonK, zk money, Aztec Connect, and Noir. It can be considered an impressive entrant. After all, Vitalik Buterin has been involved in four projects: StarkWare, Aztec Network, Kakarot, and Nocturne, all of which belong to the ZK track. This explains why Aztec has gained favor from institutions like a16z and Coinbase. Overall, Aztec's product features are simple and straightforward. If its functionality performs well, it is expected to secure a place in Layer 2 solutions.
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