Decentralized application


Tech

Math Olympian in Shadow of John Nash Tries to Solve Blockchain, AI Trust Dilemma

Hyperbolic, the two-year-old startup focused on decentralized AI computing, said that it is introducing a protocol called “Proof of Sampling,” aimed at addressing challenges with trust in decentralized AI networks.

Hyperbolic CEO Jasper Zhang (Hyperbolic)

Markets

Early Uniswap Whale Sold $1M Worth of UNI as Price Surged

The wallet in question still holds $10.6 million worth of UNI tokens.

Uniswap price (CoinDesk data)

Web3

Is Friend.tech a Friend or Foe? A Dive Into the New Social App Driving Millions in Trading Volume

The new social app has driven 4,400 ETH ($8.1 million) in trading volume in less than 24 hours since its launch, far surpassing OpenSea’s in the same time frame. But with its mysterious origins, lack of privacy policy and lagging network, it raises some red flags.

Friend.tech homepage (Friend.tech)

Layer 2

Lit Protocol: Public Key Infrastructure for a Decentralized World

Lit Protocol's David Sneider, a presenter at the CoinDesk I.D.E.A.S. conference, wants to decentralize public key cryptography.

David Sneider

Tech

Web3 Workplace Platform Coordinape Launches Decentralized Compensation Tool for DAOs

Coordinape’s product, CoVaults, uses smart contracts to automate compensation for contributors to the decentralized workspace.

CoVaults are an automated tool for compensating decentralized teams. (AdrienBe/Pixabay)

Opinion

In Crypto, Base Layer Security Isn’t Enough

Blockchains are only as secure as the applications they run.

(FLY:D/Unsplash)

Finance

Blockchain Firm Skynet Labs Shutters After Failing to Get New Funding

Skynet Labs was formed to promote decentralized internet platform Skynet.

(Shutterstock)

Tech

Decentralized Mixer Tornado Cash Makes Its User Interface Open-Source

The privacy protocol is stepping up transparency by inviting more eyeballs to review code.

(Adrienne Bresnahan/Getty Images)

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