Garlam’s Weekly Crypto Digest | Week of March 27th
Why Avalanche's Three-Chain Design is a Game Changer; and other stories

Garlam’s Weekly Crypto Digest | Week of March 27th

Greetings and welcome to my latest blog post! I trust you had a pleasant week.

For this post, I've gathered some of the top content from my three publications: The Crypto Illuminati, M6 Labs, and Renoded.

If you're interested in keeping up with the latest trends and receiving valuable knowledge straight to your email, be sure to subscribe to any or all of our publications with just a single click: M6 Labs | The Crypto Illuminati | Renoded

Without further ado, let's get started!


Research Reports & OpEds by M6 Labs (1/4)

Stories on Avalanche, Thorchain & The Crypto Categorization Debate

1️⃣ Why Avalanche's Three-Chain Design is a Game Changer

Three Chains and Subnets : Avalanche's Brilliant Blockchain Trilemma Solution

  • Avalanche is a blockchain platform that addresses the blockchain trilemma problem.
  • The platform uses a unique Proof of Stake mechanism and subnets connected via messaging to maintain security and decentralization while scaling.
  • Avalanche has a three-blockchain architecture and a unique proof-of-stake consensus protocol.
  • The platform can handle over 4,500 transactions per second and can complete a transaction in under 1 second.

Keep reading here 🍿

2️⃣ Thorchain: The Permissionless Party for Crypto Swaps

No Middlemen, No Fuss: Thorchain's Decentralized Trading Revolution.

  • Thorchain is a DEX allowing cross-chain crypto trading without intermediaries.
  • Founded by Binance Dexathon winners in 2018, Thorchain is decentralized, with no CEO or founders in charge.
  • Thorchain uses a Threshold Signature Scheme for secure and permissionless trading.
  • The Continuous Liquidity Pool uses RUNE as a bridge for more stable and reliable trading.
  • Savers Vaults allow users to earn yield on their assets without exposing themselves to price fluctuations.

Keep reading here🍿

3️⃣ Crypto = Security, Commodity, or Other?

Unpopular Opinion: Let’s Actually Financially Educate People Instead of “Protecting Them”

  • There is an ongoing debate about whether crypto should be classified as a commodity or security, with characteristics of both.
  • The lines between commodities and securities are becoming increasingly blurred in the world of crypto, leading to confusion about regulation.
  • Rather than trying to regulate every aspect of crypto, investors should be educated about the risks and rewards of investing in this new asset class.
  • A potential solution is to let the market decide what crypto is and how it should be traded, while focusing on educating investors about the risks and rewards.
  • Ultimately, the question of whether crypto is a commodity or a security is irrelevant, and it is up to investors to navigate this brave new world of digital assets.

Keep reading here 🍿


Articles & Threads by Renoded (2/4)

Stories on Blockspace, Visa's Web3 Plans, the Blockchain-Social Media Marriage & zkEVMs

1️⃣ Blockspace: The Glue That Holds Web3 Together

This article explains the concept of blockspace, which is a vital part of blockchain networks that stores data and executes code.

1. Blockspace is an independent computing and storage unit on blockchains that allows for secure and decentralized transactions.

2. Congestion and high fees on the Ethereum blockchain can be addressed through Layer 2 systems and system design.

3. Data availability is crucial to blockchains' ability to remain functional and secure, and solutions such as increasing the block size limit, sharding, and optimistic rollups can help.

Keep reading here 🍿 

2️⃣ Visa's Web3 Masterplan: Auto Payments Ahead

Visa is exploring the use of Web3 infrastructure and blockchain protocols to enhance payment flexibility and user experience.

1. Visa is focusing on areas important for payments, such as security, scalability, interoperability, and privacy.

2. Visa is exploring the use of Account Abstraction (AA) to enhance the user experience on a self-custodial wallet.

3. Visa's engagement with the crypto ecosystem is a positive sign that traditional payment rails are warming up to Web3 infrastructure.

Keep reading here 🍿

3️⃣ Blockchain & Social Media: A Difficult Marriage

This article discusses the potential of decentralized social media applications, but also the technical and legal challenges that need to be overcome before they can become a reality.

1. Decentralized social media applications have the potential to provide an open and censorship-resistant alternative to existing platforms.

2. The biggest challenge with decentralized social media is scalability.

3. Social media companies are subject to a wide range of regulations, making it difficult to design a decentralized social media application that can comply with them all.

Keep reading here 🍿

4️⃣ Scalability Breakthrough: zkEVMs Hit the Market

This article provides an overview of zkEVM technology, a new zero-knowledge Ethereum Virtual Machine (EVM) that is being developed to enable scalability and security for Ethereum-based smart contracts.

Key takeaways:

1. zkEVMs are EVM-compatible and use zero-knowledge proofs to verify program correctness and execute smart contracts.

2. They have three parts: a running (execution) environment, a proving circuit, and the verifier contract.

3. zkEVMs offer secure scalability, lower costs, fast finality, and capital efficiency.

Keep reading here 🍿


Posts & Threads by The Crypto Illuminati (3/4)

Stories on GMoney, Maverick AMM, Trading Lessons, Ethermail & Crypto Fundraising Methods

1️⃣ Inside the Mind of an NFT Legend: GMoney's Insights

This article provides an overview of GMoney's journey in the world of NFTs, his insights on the NFT boom, and his collaboration with Adidas.

  1. GMoney first entered the world of cryptocurrency in 2017, but sold his assets in Q1 2018 because he believed the technology wasn't quite ready yet.
  2. GMoney attributes his success in the crypto, DeFi, and NFT spaces to his curiosity and willingness to learn from anyone
  3. GMoney believes that the combination of free and easy money, the scarcity and deflationary nature of digital assets, and the right story being told at the right time caused the sudden surge in popularity of NFTs.

Continue reading here 🍿

2️⃣ Maverick AMM is here : Bye, Bye Slippage!

The article discusses how outdated protocol models are holding DeFi users back, creating an opportunity for protocol models like the Maverick Protocol to provide users with greater access to liquidity assets.

  1. Maverick Protocol is a decentralized finance infrastructure for liquid markets.
  2. Users can stake any ERC-20-supported token as collateral to lower their risk.
  3. Maverick's ALP mechanism automates dynamic rebalancing for lower slippage and lower IL.
  4. The Maverick team consists of innovative cryptocurrency experts with experience creating unique infrastructures.
  5. The Maverick AMM introduces the novel concept of Directional LPing for better capital control and improved efficiency for liquidity providers.

Continue reading here 🍿

3️⃣ Want to Crush Crypto Trading? Read This!

This article discusses the timeless insights from the classic book "Reminiscences of a Stock Operator" and how they can be applied to crypto trading.

  1. Discipline and self-control are essential for successful investing.
  2. Understanding market cycles is crucial to succeed in the crypto space.
  3. Applying the principles of the book to crypto trading is just as relevant today as it was 100 years ago.

Continue reading here 🍿

4️⃣ Stop Emailing like a Boomer: Try EtherMail! 🧵🧠 

This cover story from the weekly Illuminati newsletter covers EtherMail, an anonymous and encrypted wallet-to-wallet communication platform, and its recent funding from Tim Draper and other venture capitalists.

  1. EtherMail is a new email solution that enables anonymous and encrypted wallet-to-wallet communication.
  2. The platform has received $4 million in funding from Tim Draper and is planning to expand its team and market.
  3. EtherMail's paywall solution uses its EMT token to protect users' inboxes and reward them for reading emails from companies.
  4. The platform is built on traditional email, so users can continue to use their existing tools like Gmail.
  5. Users can claim EMC tokens by signing up and connecting their backup email, inviting friends, and completing IMAP configuration. These tokens may be converted to EMT tokens once the official token launch occurs.

Continue reading here 🍿

5️⃣ From ICOs to IEOs: Fundraising in Crypto

This article provides an overview of the different types of fundraising methods available in the crypto space, such as Initial DEX Offering (IDO), Initial Bonding Curve Offering (IBCO), Liquidity Bootstrapping Pool (LBP), Security Token Offering (STO), and Initial Coin Offering (ICO).

Key takeaways:

  1. IDOs are a way for teams to allow investors to buy newly listed tokens through a decentralized exchange.
  2. IBCOs are designed to prevent investors from practicing front running.
  3. LBPs are an effective way for projects to host a token sale while building liquidity.

Continue reading here 🍿


The M6 Labs Daily Bullets Newsletter (4/4)

1️⃣ Daily Bullets, Monday | Link to newsletter

⚔️🚀 ZkSync Mainnet Launch- zkEVM Battle Royale

🎬🎮 Are Film Releases with Web3 Features the Future? 

🎩👨 Euler Exploiter - Too Late to Whitehat? 

2️⃣ Daily Bullets, Tuesday | Link to newsletter

🎯⚖️ The Feds Go After Binance (Again)  

🏃🚀 Polygon zkEVM - Late To Your Own Party  

🪐☄️ dYdX Appchain - Blasting into the Cosmos 

3️⃣ Daily Bullets, Wednesday | Link to newsletter

⚙️🔜 Ethereum Shapella Upgrade - Staked Withdrawals Incoming 

🦹💰SBF the Briber, Many Such Cases? 

🆕🚀 Next Up: ConsenSys zkEVM Competitor Launches 

4️⃣ Daily Bullets, Thursday | Link to newsletter

🇨🇳👤 Anti-Binance/China Narrative Building  

🤖🦾 AI & Decentralized Machine Learning Funding Traction 

☠️⚰️ EU’s Smart Contract ‘Kill Switch’ Mandate

5️⃣ M6 Labs Weekly Alpha Leak, Friday | Link to newsletter

  • CFTC sues Binance
  • Do Kwon facing extradition
  • SBF bribed Chinese government officials
  • Ethereum staked withdrawals coming April 12th
  • zkEVM Race: ZkSync, Polygon, ConsenSys Linea 


And that’s a wrap…don't miss out on next week's exclusive content! Subscribe now and have the latest crypto news and research delivered to your inbox: M6 Labs | The Crypto Illuminati | Renoded

Don't forget to follow us on Twitter as well: Garlam WonM6 Labs, and The Crypto Illuminati and Renoded for even more insightful updates!

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