Blockchain Technology

challenge
Case №2. Zero-knowledge proofs allow you to prove NFT/SBT ownership without revealing the account address.

Example:

1. You are a student of the course from Distributed Lab. We can issue an SBT certificate confirming your course participation (on Ethereum, for example).

2. From another side, a global educational platform allows one to leave feedback about particular courses. This platform can exist on any chain; it doesn't matter where exactly

3. If you want to leave the feedback: 1)anonymously; 2)with proof you are a real course participant - you can do it with ZKP.

So:

1) - it will allow you to leave honest feedback without any risk of disclosure who you are

2) - it will allow each new student to review all feedback and be sure this feedback are left by the real students

© Oleksandr Kurbatov

TLDR: Why you should be watching Avalanche 👀

1/ WHAT

Avalanche is described as a “rapidly-growing blockchain network that aims to provide a high-performance, highly scalable platform for decentralized applications (dApps) and smart contracts.”

2/ HOW

The platform is “designed to be developer-friendly, focusing on making it easy for Web2 developers to transition to Web3 and build dApps that can scale to meet the demands of mass adoption.”

Avalanche's “high throughput and low latency make it an ideal platform for gaming applications that require high-speed transactions and real-time interactions.”

The platform's “interoperability with other blockchains and networks makes it possible to create cross-chain gaming experiences, allowing players to seamlessly move assets and data between different games and platforms.”

3/ WHO

Ava Labs is the company behind Avalanche - Emin Gun Sirer is the founder and CEO of Ava Labs.

Ava Labs has raised a total of about $640 million, according to Crunchbase, and is backed by firms like Andreessen Horowitz and Polychain Capital.

In terms of total value locked (TVL), Avalanche is currently the seventh-largest blockchain, with more than $1.1 billion secured across a $5.72 billion market cap, according to CoinMarketCap data.

4/ PARTNERS

To support Web2 developers looking to enter the blockchain gaming space, Ava Labs has partnered with leading gaming companies such as Animoca Brands, Atari, and Ubisoft.

5/ EXAMPLE: AWS

Ava Labs recently announced its partnership with Amazon Web Services (AWS).

As part of this partnership, Ava Labs is “working with AWS to create a blockchain-as-a-service (BaaS) platform that will make it easy for developers to deploy and manage blockchain-based applications on AWS.”

This BaaS platform aims to “help significantly lower the barriers to entry for Web2 developers looking to enter the blockchain gaming space.“

6/ CONCLUSIONS

In conclusion, Avalanche and Ava Labs are helping Web2 developers break into new areas in blockchain gaming by providing a high-performance, developer-friendly platform and partnering with leading gaming companies to create new opportunities for innovation.

Sources: TechCrunch

Get daily gaming news coverage from the Game Fund Partners LinkedIn and follow RealThirdWeb and Jonah Blake for more updates.

© Eliza Crichton-Stuart

Worldwide Web3 Wonderland | Edition #28 – Thrills of Web3 🎢

The past few weeks have marked a crucial turning point for blockchain-based payments, as a growing number of trailblazers came together 🫱🏽‍🫲🏽 to forge a future of web3 applications.

The 🖐🏽 picks showcasing pioneering initiatives from the web3 realm:

1️⃣ Sardine AI and Fortress Trust Company announced a partnership to bring together the unique strengths of each company to provide safer, faster, and compliant ePayments worldwide 🌏.

2️⃣ Mastercard teamed up with Aptos Labs and other web3 partners to create a solution 💡 that could be used to securely verify transactions in payments, remittances, ticketing and NFTs, among others.

3️⃣ Blockdaemon rolled out its digital asset wallet, Blockdaemon Wallet, built for institutional treasury, trading, and custodial services to enable banks, custodians, and exchanges to securely 🔐 self-host digital assets in online wallets.

4️⃣ Pine Labs announced the acceptance of the digital Rupee 🪙 on its PoS (point-of-sale) terminals in partnership with ICICI Bank, opening up exciting opportunities.

5️⃣ Franklin Templeton expanded its Franklin OnChain U.S. Government Money Fund on the Polygon Labs blockchain 🔗 for processing transactions and recording share ownership.

© Sanjeev Kumar

How to generate a new Ethereum address and private key from an existing.

To generate a new Ethereum address and private key from an existing one, you can follow these steps:

✅ Access your existing Ethereum wallet, either through a software wallet like MyEtherWallet or a hardware wallet like Ledger or Trezor.

✅ Locate the option to export your private key. This will usually involve selecting your account, choosing the option to export the private key, and then entering your password or passphrase.

✅ Once you have your private key, you can use a tool like the Ethereum Wallet or MyEtherWallet to import it and generate a new address.

✅ In the wallet interface, select the option to create a new account or address, and then choose the option to import an existing account using your private key.

✅ Enter your private key when prompted, and then follow the prompts to create a new address and associate it with your private key.

It's important to keep your private key secure, as it is essentially the key to your account and any assets associated with it. Be sure to back up your private key and store it in a safe place, and never share it with anyone else.