The Disrupt Weekend

Today we’re announcing Stylus, our next-gen programming environment upgrade for Arbitrum One and Arbitrum Nova. Through the power of WebAssembly smart contracts, developers will be able to deploy programs written in their favorite programming languages, including Rust, C, and C++, to run alongside EVM programs on Arbitrum. It’s over an order-of-magnitude faster, slashes fees, and is fully interoperable with the Ethereum Virtual Machine.

We call this paradigm EVM+ and have begun building out this vision. Today we reveal the next phase in Arbitrum’s evolution: Stylus, our general purpose programming environment and WASM virtual machine. In the Stylus model, users compile their programs into WASM, which are then transformed on-chain into a format where execution is bounded and safety is enforced.

From game development to social media, Stylus makes the transition to Web3 easier than ever. You won’t have to know Solidity to build on Arbitrum. Engineers can use the tooling they already know and love, regardless of their coding preferences. Programs written in different languages are seamlessly composable. A contract will never have to know what language another uses. Neither will users. Everything. Just. Works.

Stylus will go live in 2023.”

“Infura is developing a decentralized marketplace of data providers. It will have “up to 10 providers initially” that will ‘work together to bootstrap the network and then […] gradually iterate and get more players.’

The new project will not be a new blockchain. Instead, it will be a marketplace that matches consumers of blockchain data with data providers. The current centralized Infura will simply be one of the providers on the network.

The whole point of decentralized Infura is a reliability project, to guarantee that if we were to go offline another node will come along and pick up the traffic.

The way you get censorship resistance is geographical location. Now, if you’re in a country where you don’t have to abide by certain sanctions, you can facilitate the request.”

“The integration of blockchain and artificial intelligence (AI) technology in financial planning and portfolio construction holds immense potential for efficiency, accuracy and security in the industry. The use of blockchain and AI in this field could revolutionize the way financial advisors build portfolios and manage client information.

AI algorithms could analyze vast amounts of data to assist in making informed decisions regarding investments, taxes and insurance. The algorithms could make real-time adjustments to financial plans, automate updates to plans based on changing legislation and reduce the risk of errors and fraudulent activities – all in a matter of seconds.

By utilizing the secure and transparent platform provided by blockchain, AI algorithms could also analyze and securely store sensitive financial information such as Social Security income information and tax information.”

See Also: A Pragmatic View of ChatGPT in a Web3 World

“When scarcity is the dominant economic model, accumulation of capital is the priority: This is the status quo for now. Within our current model the most successful tool ever invented to accumulate and deploy capital is the corporation. But what happens if capital is not scarce anymore? Do we need corporations or should we be looking for something different and better?

There already exists a legal framework and organizational structure that DAOs can use to establish their real-world credentials: the co-operative.

Decentralized autonomous organizations (DAO) and co-operatives might be much better vehicles for accumulating attention and engagement. In DAOs, co-operatives and staking systems, critical decisions are made by the members for the benefit of the members, and the rewards for engagement flow back to the members in proportion to their engagement and in alignment with their constructive participation.

Co-ops fix what I see as the single biggest problem in the Web 2.0 era: the creation of so-called predatory digital monopolies. From B Corporations to co-ops to DAOs, the future of the enterprise is the future of harnessing the power of communities, accumulating attention and engagement, and putting that to work for the public good.

With the game’s logic on-chain — first, the gaming world achieves permanence and continues to exist even if the company goes bankrupt or abandons its development, the same way DeFi protocols continue to run perpetually.

Second, the door is opened to permissionless innovation. Any player can creatively “mod” the game by introducing second layer rules (Curio calls them user-generated logic) in the form of smart contracts that “refer” to the base game rules. As long as second layer rules do not violate the underlying base rules, they are permissible.

In an on-chain game, assets are not bound to one strict set of game logic, and are maximally interoperable in the broadest sense of the word. They each often exist as just another token in a continually expanding gaming universe. In contrast, Epic may allow Fortnite gaming assets to be “interoperable” within its library of games, but they are only interoperable insofar as devs allow it to be.

This takes us to the final piece of the puzzle: incentives. With on-chain games, player incentives to create mods are stronger as mods created are uncensorable and permanent creations (the aforementioned second layer rules) codified in immutable smart contracts.”

“Crypto-friendly e-commerce giant Shopify has launched a suite of blockchain commerce tools to enhance the user experience of their Web3-focused stores hosted by the platform.

With tokengating, all applicable Shopify merchants can now set up their stores to dictate which tokenholders can and cannot gain access to exclusive products, nonfungible token (NFT) drops and benefits. The tool verifies user eligibility via their connected wallet and is being touted as a handy way for NFT Merchants to reward certain users or add exclusivity to specific products.

Shopify has [also] integrated with the sign-in with Ethereum (SIWE) protocol led by the Ethereum Name Service (ENS) and the Ethereum Foundation. SIWE essentially enables secure user sign-ins and authentication of Ethereum accounts and ENS domains without giving away private identifiers to third parties, such as names, phone numbers and residential addresses.”

“On Nov. 12, 2010, member bitboy (not related to YouTuber BitBoy Crypto) posted the vector files of the iconic Bitcoin logo, which has been widely accepted worldwide.

While Bitcoiners preach the “zoom out” narrative during crypto bear markets, zooming in on the original Bitcoin logo shows a small orange line from the background going into the white colored “₿.” On further investigation, community member @skyler_fs found that one of the curvatures of the ₿ logo was not smooth either.

A small design detail that has stayed with many iterations of the original #bitcoin logo since its inception in 2010.”

Smart Contract Wallets with Motty Lavie of Braavos