The farmer's dilemma arises in Proof-of-Capacity (PoC) blockchains, where farmers must choose between allocating their limited storage resources to maintain the blockchain's state and history or maximizing their storage for consensus participation. This trade-off presents a challenge: rational farmers tend to prioritize maximizing consensus space, which can lead them to become light clients or join centralized farming pools. Consequently, this behavior undermines the network's decentralization and security, as fewer nodes maintain the complete history. The dilemma highlights the need for innovative solutions that allow farmers to contribute to both consensus and data integrity without compromising their incentives or the overall health of the blockchain ecosystem
AUTONOMYS’ SOLUTION Using the Subspace protocol, Autonomys allows farmers to efficiently store blockchain history without sacrificing security or decentralization by decoupling consensus from execution. Farmers collectively maintain the blockchain's history through replicated storage, enabling them to focus on proposing transaction orders while dedicated executor nodes handle state maintenance and computation. This design significantly reduces the storage and computational burden on farmers, promoting broader participation with standard hardware, thereby enhancing decentralization and security. #AI3
For decentralized AI applications, this solution offers substantial benefits, including a robust infrastructure for data integrity and availability, which is crucial for AI training and deployment. It fosters a scalable environment where AI can operate securely and efficiently, promoting innovation in decentralized applications that leverage AI technology while ensuring user autonomy and control over their data. #AI3
Radical Autonomy emphasizes complete self-governance over digital identity, data, and interactions, fostering a future where AI amplifies human agency. Autonomys Network aims to empower people to exercise full control over their digital presence without external interference. This approach enables humans to collaborate with AI symbiotically, enhancing autonomy and potential instead of diminishing it. Autonomys envisions an Age of Autonomy with tools like Auto ID and a decentralized AI ecosystem, supporting secure, transparent, and ethical interactions. This future promises: Freedom to explore responsive, personalized digital experiences. Opportunities to innovate without centralized limitations. Collective growth through AI that augments rather than replaces human roles. Instead of dependence on AI-driven solutions like UBI, radical autonomy fosters self-sufficiency and resilience. The Internet of dAgents (IodA) embodies this vision, enabling humans and AI to coexist ethically and transparently, supporting a society built on self-determination, trust, and mutual progress.
Former TON Foundation Leaders Launch $40M Fund to Supercharge TON Ecosystem
In a bold move that underscores the growing momentum of the @Ton Network Ian Wittkopp and Inal Kardan, former key members of the #TON Foundation, have launched TON Ventures—a new venture capital firm with an inaugural fund of $40 million. This fund is set to ignite the next wave of innovation within the TON ecosystem, focusing on early-stage projects that have the potential to shape the future of decentralized finance, gaming, and more.
Wittkopp, who previously led TON Accelerator, and Kardan, the former gaming lead, are no strangers to the TON community. Their new venture aims to capitalize on TON’s unique integration with Telegram, which boasts nearly 900 million active users. This massive user base positions TON as a powerhouse in the blockchain space, with the potential to foster billion-dollar companies in the coming years.
TON Ventures is already making waves, having backed over a dozen startups, including Catizen, Tradoor, and Evaa Protocol. The firm’s strategy is clear: invest in the most promising projects within the TON ecosystem, with an average check size of $500,000 for early-stage ventures. However, they’re also ready to support larger, strategic deals that could bring even more transformative protocols to TON.
As excitement builds, Wittkopp anticipates the $40 million fund will be fully deployed within a year, reflecting the intense interest from top-tier developers. With this new wave of investment, TON is poised to consolidate its position as a major player in the blockchain world, bringing innovative games, apps, and services to its rapidly expanding ecosystem. The future of TON has never looked brighter.
Kava is a decentralized finance (DeFi) protocol that allows users to borrow and lend assets without traditional financial intermediaries. Built on Tendermint Core instead of Ethereum, #KAVA offers additional functionality in the DeFi space.
#KavaChain $KAVA Key Highlights: Staking Growth: In the first half of 2024, Kava's total stake grew from 127.5 million to 136.2 million KAVA, with delegators increasing from 65,118 to 68,833. This growth, driven by a major contribution from the Luganodes validator, reflects sustained interest in Kava's staking opportunities.
Non-Inflationary Tokenomics: As of January 2024, Kava transitioned to a non-inflationary model, halting new token issuance and paying rewards from a dedicated pool. This shift has made the KAVA token more stable and appealing to long-term investors, despite slightly reduced returns
USDT and WBTC Issuance: Kava became the third blockchain, alongside Ethereum and Tron, to issue both USDT and WBTC, in partnership with BitGo Trust Company. By June 30, 2024, over 100 million USDT and $4.5 million in WBTC were circulating on Kava, supporting its role as a key link between Ethereum and the Cosmos ecosystem.
Upgrade 16 Enhancements: Kava’s Upgrade 16 introduced major improvements, including enhanced EVM compatibility, advanced cross-chain interoperability, and better DeFi tooling. These upgrades position Kava for future growth, with plans to launch cross-chain lending and integrate real-world assets (RWA) in 2024.
Kavascan Explorer: Kavascan, Kava’s blockchain explorer, offers powerful features like NFT support, smart contract transaction tracking, and future block prediction. With 83% of Kava's on-chain activity occurring within its EVM layer, Kavascan is essential for navigating the Kava ecosystem. Overall, Kava is rapidly expanding its ecosystem, integrating with top industry partners, and setting the stage for continued innovation and adoption in the DeFi space.
Binance Supports Kava EVM and Native USDT Integration: A Boost for DeFi
Binance has announced support for the KAVA EVM (Ethereum Virtual Machine) and the integration of native USDT. #KAVA #WBTC #BitGO #EVM $KAVA This strategic move is set to enhance Kava’s ecosystem significantly.
Here's a closer look at the key benefits and contributions: Benefits for Kava's Ecosystem 1. Enhanced Interoperability: Kava's compatibility with Ethereum-based applications and smart contracts opens up new possibilities for developers. 2. Increased Liquidity: Native USDT integration boosts liquidity, facilitating smoother trading, lending, and borrowing. 3. Broader Adoption: The familiar Ethereum and USDT integration attracts more users, driving growth within the Kava ecosystem. WBTC's Role via Tether 1. Bridging Bitcoin and DeFi: WBTC enables Bitcoin holders to participate in Kava's DeFi activities, increasing liquidity. 2. Enhanced Security: Tether ensures secure integration, encouraging user trust. 3. Asset Diversification: WBTC adds asset diversity, making the ecosystem more robust. BitGo's Contribution 1. Custodial Services: BitGo provides secure storage for WBTC, ensuring safety. 2. Transparency: BitGo’s compliance and transparency enhance credibility. 3. Technical Support: BitGo facilitates a seamless WBTC integration. Expected Outcomes from Binance and Kava EVM Integration 1. Increased User Base: Binance's support attracts millions of new users to Kava. 2. Enhanced Trading Opportunities: More trading pairs and investment options with native USDT and WBTC. 3. Accelerated Innovation: Combined resources foster new DeFi product development. 4. Strengthened Market Position: Binance’s endorsement solidifies Kava's position in the DeFi space. In summary, Binance’s support for the Kava EVM and native USDT integration enhances interoperability, liquidity, and adoption within Kava’s ecosystem, with WBTC and BitGo adding security and diversity. This collaboration promises a thriving DeFi environment and significant growth for Kava.