AMA on X

Grayscale’s Strategic Ethereum Trust Retraction Filing Raises Questions Per a filing with the U.S. Securities and Exchange Commission (SEC), Grayscale has withdrawn its 19b-4 filing for listing and trading its ether trust, known as ETHE. This development unfolds at a juncture when the general consensus among the community is that the prospects of the SEC greenlighting an ETH-based ETF are fairly low. Analysts and prediction markets have assigned a minimal probability to the SEC’s approval, with some even suggesting the likelihood is nil. After the withdrawal, James Seyffart, an ETF analyst at Bloomberg, addressed the retraction in a post on the social media platform X. “This is interesting,” Seyffart said. “Grayscale just withdrew their 19b-4 filing for an ethereum futures ETF. This was essentially a trojan horse filing in my view, in order to create the same circumstances that allowed Grayscale to win the GBTC lawsuit (approve futures deny spot)” [I don’t know] why they’d do this honestly. In my mind might as well make the SEC write up an approval or denial for an ETH futures ETF and go from there? Maybe the SEC spoke with Grayscale about this… And whatever was said convinced Grayscale to withdraw? (This is a complete guess). While the reasons behind the decision remain unclear, speculation persists and the likelihood of approval has diminished further. As the crypto community ponders the implications, this withdrawal could mark a complete recalibration of expectations regarding ethereum-based, physically-settled ETFs.#BTC##HotTopicDiscussion##GateioBountyCreator#

About the performance of the Ethereum Virtual Machine (EVM) Every operation on the Ethereum mainnet costs a certain amount of Gas. If we put all the calculations required to run the basic application on the chain, either the app will crash or the user will go bankrupt. This gave birth to L2: OPRU introduces a collator to bundle a bunch of transactions before committing to mainnet. This not only helps the app to undertake the security of Ethereum, but also gives users a better experience. Users can submit transactions faster, and fees are cheaper. While operations have become cheaper, it still uses the native EVM as the execution layer. Similar to ZK Rollups, Scroll, Polygon zkEVM uses or will use EVM-based zk circuits, and zk Proof will generate...

In the race for ZK proof schemes, there may not be a winner-take-all situation.

Blockchain technology and machine learning, as two fields that have attracted much attention, lead the technological progress with their decentralized characteristics and data-driven capabilities respectively. ZK (Zero-Knowledge, hereinafter referred to as ZK) in blockchain technology is a concept in cryptography, which refers to a proof or interactive process in which the prover can prove the truth of a statement to the verifier without disclosing any specific information about this statement. ML (Machine Learning, Machine Learning, hereinafter referred to as ML) is a branch of AI. Machine learning learns from input data, summarizes it to form a model, and makes predictions and decisions. In this context, ZKML (Zero-Knowledge Machine Learning), which combines the two, has recently flourished. ZKML will...

Default:Avi Zurlo,=nil; Foundation Compiled by Alex Liu, Foresight News Ethereum’s shift toward a Rollup-centric roadmap sparked an explosion of modular scaling designs. This growth was initially successful, eliminating $100+ gas fees and unlocking entirely new application designs. But just a few years later, Ethereum and its Rollup faced a new critical problem: state fragmentation. Fundamentally, state fragmentation is a scaling problem. Recently, the modularity community has promoted some middleware solutions that merge existing Rollups into a single system, (ostensibly) achieving the holy grail of blockchain scaling - horizontal scaling. However, these solutions have major compromises. A new generation of Ethereum L2