The L1 Weekly Report is published every Friday, focusing on the development of Layer 1 blockchains. If you have any suggestions, feel free to contact [email protected].

Bitcoin

• Lightning Summit Tokyo - 2024
  • Package Relay in Bitcoin aims to optimize transaction propagation and finality
  • V3 Commitments introduce efficiency and flexibility in transaction structures
  • Technical developments focus on improving scalability, security, and user experience in Bitcoin transactions
• Un-KYC crypto using the lightning network
  • Privacy on Bitcoin can be improved with techniques like CoinJoin, Lightning Network, and atomic swaps
  • These methods are not flawless; they carry risks such as receiving tainted coins or difficulties in proving fund sources
  • CoinJoin transactions can be flagged, but the source of funds can be proven with access to private keys involved in the transaction

Ethereum

• From prediction markets to info finance
  • Info finance leverages financial markets to reveal valuable information
  • AI is expected to enhance info finance by participating in micro-markets
  • Info finance has potential applications in social media, DAOs, advertising, scientific peer review, and public goods funding
• 3-Slot-Finality
  • 3-Slot Finality (3SF) is a protocol that finalizes blocks within three slots under certain network conditions
  • 3SF requires only one voting phase per slot, reducing overhead and improving block finalization efficiency
  • The protocol offers a balance between confirmation and finalization times, potentially benefiting most users and financial applications

Aptos

• The Road to $1 Billion: How the Aptos Ecosystem Is Shaping the Future of Global Finance
  • Aptos ecosystem surpasses $1 billion in Total Value Locked (TVL), marking a 700% growth since the start of the year
  • Aptos hosts a thriving DeFi ecosystem with projects like Amnis Finance and Aries Markets, attracting institutional integrations
  • Aptos is building infrastructure for a faster, more accessible global financial future, bridging decentralized and traditional finance

Sui

• NS Token Launches Today, Heralding New Governance Model for SuiNS
  • SuiNS launches NS token for decentralized identity and governance
  • NS token holders can vote on platform decisions and earn rewards
  • Token distribution aims to promote community involvement and platform sustainability

TON

• Mastering Telegram Mini Apps: A Developer’s Guide to Mentorship
  • Telegram Mini Apps allow developers to create interactive applications within the Telegram chat interface
  • Mentors play a crucial role in guiding developers through the Mini App development process
  • The Hackers League Hackathon Winter 2024 offers a platform to learn and develop Telegram Mini Apps