"""Plasma chains are like mini-blockchains that periodically anchor to Ethereum. Each one can have its own rules but inherits ETH's security. It's blockchain inception! 🌐"""
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DYOR Report: Render Network ($RNDR) June 2024
$3.1B market cap, 148K+ holders
Leader in decentralized GPU compute
34M+ frames rendered, 5600+ nodes
Key partnerships: Nvidia, Apple, Google
Strong growth: 40%+ YoY
Bullish on AI & metaverse demand surge
PIWA & staking coming soon
#RenderNetwork #AI #Crypto
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Non-custodial liquid staking protocol EtherFi ($ETHFI) leads in restaking with $5.71B TVL. Offers native ETH yield + Eigen restaking, unique NFTs, & DeFi vaults. 1.5M ETH staked, 66.5K holders. Partnerships with top node operators. Future plans: DVTs, Cash app, & L2. #CryptoResearch
Credeit -dyor
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"Top 5 hidden gem cryptos for H2 2024:
Phantom (FTM): DeFi platform, expecting 7-20B market cap
Connect (CNCT): Interoperability protocol with Everclear upgrade
World Mobile Token (WMT): Decentralized mobile network expanding globally
Foxy: Official meme coin of Linea L2, backed by Consensus
Puff: Mantle ecosystem meme coin with upcoming conversion to Cook token
#crypto #altcoins"
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a16z crypto releases Jolt: A new open-source zkVM up to 2x faster than state-of-the-art. Built on Lasso lookup argument, Jolt promises improved performance and simpler implementation. Already 5x faster than RISC Zero on benchmarks. Roadmap includes Binius integration and more features. #zkVM #Blockchain #CryptoInnovation