Recently, critical developments have attracted attention for four altcoin projects. Especially important announcements came from Klaytn, Polygon and a few altcoins. Here are the details…
Partnership news for Altcoin KLAY
The Klaytn Foundation has taken a major step in its pursuit of scalability by signing a memorandum of understanding (MOU) with Matter Labs, the developer behind zkSync Era, an Ethereum-based layer 2 scaling solution. The main purpose of this partnership is to build and pilot a layer-2 Blockchain operating infrastructure on Klaytn’s mainnet. Through this collaboration, Klaytn aims to foster the establishment of a more stable ecosystem infrastructure by strengthening the scalability of its mainnet. The Klaytn Foundation highlighted that this partnership is groundbreaking as it focuses on building layer 2 and 3 chains on Klaytn rather than relying solely on the Ethereum mainnet.
Both companies have expressed their determination to work together to achieve high transaction processing capacity and fee efficiency for layer-2-3 on the Klaytn mainnet. Known for using zero-knowledge proof technology, Matter Labs released zkSync v1 in 2021. Then, in March of this year, zkSync Era 2 (zkSync v2) was released. On June 26, Matter Labs introduced ‘ZK Stack’, a modular open source development tool that supports zkSync development code.
Delysium receives investment from Polygon
Delysium announced that it has received a strategic investment from Polygon and has released the interoperable AI-Powered OpenWorld Framework. Delysium will use generative AI to build a virtual society where 1 billion people and 10 billion AIs live together. The Artificial Intelligence Powered OpenWorld Framework published by Delysium has reportedly two key elements. One is Delysium AI, a technology platform for creating a productive world, and the other is a content ecology of various content, applications and protocols. Among them, Delysium AI aims to use generative AI technology to support and build various AI applications. In the future, it will also rapidly support third-party developers to create and deploy their own AI ideas and products, and jointly create a smarter productive AI ecosystem.
OKX supports Keystone
The OKX Web3 wallet plugin now supports Keystone hardware wallet connectivity, giving users more secure and powerful options for wallet management. It has been reported that users can easily view and manage 28 chains including Bitcoin, Ethereum, OKTC, BNB, Polygon and 1000+ currency assets after connecting to the Keystone hardware wallet via the OKX Web3 wallet plugin.
Leading altcoin Ethereum announces Devconnect program
The Ethereum Foundation has announced that it has launched the first Devconnect Istanbul Scholars Program. This groundbreaking initiative aims to provide talented and values-aligned individuals from both geographically and demographically underrepresented communities with the financial support they need to attend the prestigious Devconnect conference in Istanbul this November. The Ethereum Foundation recognizes the importance of different perspectives in creating a robust and flexible protocol for human coordination. With the Devconnect Scholars Program, Ethereum aims to raise the voices of individuals from diverse backgrounds, thereby shaping the future of the platform with their unique perspectives and experiences.
The Devconnect Scholars Program provides an exceptional opportunity for participants to learn and network with experts in the field, while also connecting with like-minded individuals who share their passion for Ethereum and its potential impact. Scholars will have the chance to apply their newly acquired knowledge and insights to their community and push the boundaries of Ethereum’s capabilities.
To ensure a smooth and enriching experience, selected Devconnect Scholars will receive financial assistance covering transportation, accommodation, subsistence and visa application fees. In addition, the program will facilitate online and face-to-face meetings to encourage collaboration, knowledge sharing and preparation for the immersive Devconnect experience in Istanbul.
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