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07:36
Cryptocurrency ETFs saw net inflows of over $2 billion last week
Last week, cryptocurrency ETFs recorded net inflows, with spot BTC ETFs seeing inflows of $1.42 billion, the highest since October; ETH saw inflows of $479 million, XRP $56.83 million, SOL $46.88 million, LINK $3.07 million, LTC $2 million, and HBAR $1.46 million. (Cointelegraph)
07:36
Vitalik Buterin calls for optimizing DAO governance design, emphasizing privacy and AI technology applications
Ethereum co-founder Vitalik Buterin pointed out in an article that the current mainstream "token voting controls treasury" model of DAOs suffers from inefficiency and is prone to manipulation, failing to address human political weaknesses. He believes that DAOs are still necessary mechanisms for oracle design, on-chain dispute resolution, project initiation, and long-term maintenance. He suggests using ZK technology to ensure privacy and leveraging AI to alleviate governance fatigue. In addition, Vitalik emphasized the importance of communication platforms in the DAO stack, calling for the "communication layer" and "consensus tools" to be core construction goals in governance design.
07:35
Vitalik: Now More Optimistic About Native Rollups Than Before
Jinse Finance reported that Vitalik Buterin posted on X, stating, "I am now more inclined towards native rollups than before. One important reason I was previously opposed is that native rollup precompiles must choose between 'zk mode' or 'optimistic mode.' ZK-EVM is still not mature enough under zk mode, so if we provide L2 with two options: 'use proofs fully endorsed by Ethereum, but withdrawals require a 2–7 day wait,' or 'instant withdrawals, but you have to handle the proofs yourself,' L2s usually choose the former. This is very detrimental to Ethereum's composability and leads to the adoption of more multisig bridges, among other issues. But now it seems that Ethereum's full acceptance of zk on L1 and the realistic timeline for adding native rollup precompiles actually match, so this problem is solved. In addition, I see more and more work taking synchronous composability as one of the core value propositions for doing L2. I have also proposed a method: https://ethresear.ch/t/combining-preconfirmations-with-based-rollups-for-synchronous-composability/23863, which combines based rollups with L2 low-latency preconfirmations (preconf) to achieve synchronous composability. So it feels like this is the right direction for development. I think we shouldn't be lazy and need to spend more effort figuring out the best way to implement this precompile. One key property I want is: if you make a rollup that is 'EVM + some new features,' you should be able to use the native rollup precompile for EVM, while using your own prover to handle your added features. You can consider using a lookup table to standardize the connection between the two."
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