THE PROTOCOL: Crypto Points: Off-Chain Derivatives that Everyone is Talking About

Debating also the integration of Layer 2 functions on Ethereum’s main chain, the unexplored territory of Blockchains’ identity and personal data storage; and Vitalik’s deeply technical essay.

This episode is sponsored by the Stellar Community Fund

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In this installment of “The Protocol,” hosts Brad Keoun, the founding editor of The Protocol Newsletter, and tech journalists Sam Kessler and Margaux Nijkerk, explore the following stories:

 Polygon and Celestia

Celestia’s “data availability” solution – pitched as a cheaper alternative to storing data on Ethereum – will become an option for builders who are using Polygon’s customizable software stack to spin up new layer-2 networks.

CRYPTO POINTS

Points rely on highly performant off-chain database systems called Servers to store and verify individual point balances.

Sam Altman and WorldCoin

World ID has added integrations with Shopify, Minecraft, and Reddit alongside a slew of developer-focused updates that could expand the OpenAI founder’s blockchain-based “proof-of-personhood” service to more users.

Cronos -Crypto.com Partner

The new “Cronos zkEVM chain” is launching initially as a test network, based on Matter Labs’ software tools, which can be used to spin up new layer 2 and layer 3 “hyperchains” atop Ethereum.

PROTOCOL VILLAGE SEGMENT  – An Essay by Vitalik 

Ethereum’s Buterin Floats Prospect of Taking Some Layer-2 Functions Back on Main Chain

Vitalik Buterin, a member of the Ethereum Foundation’s executive board, once pushed “layer-2” networks as a way to provide faster and cheaper transactions. Now he’s got ideas for “enshrining” some of those functions on the main chain.

EPISODE LINKS |  

Polygon to Offer Data Solution Celestia as Option for New Layer-2 Developers

Celestia, Blockchain Data Solution, Sees TIA Token Surge as Polygon Plan Announced

https://x.com/jonwu_/status/1735059813087015384?s=20

https://x.com/sassal0x/status/1734787782940168569?s=20

https://x.com/CoinDesk/status/1732889600425644235?s=20

https://x.com/gabrielhaines/status/1734911303980917048?s=20 

https://twitter.com/puntium/status/1734722454566887843

Sam’s Worldcoin

Cronos, Partner of Crypto.com, to Start Layer 2 Network With Matter Labs

 

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The Protocol has been produced and edited by senior producer Michele Musso and our executive producer is Jared Schwartz. Our theme song is “Take Me Back” by Strength To Last.

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