From the block chain in the field of information, from the rustinblockchain.org/newsletters…


As the total value lock-in (TVL) measurement in the blockchain world continues to rise, Ethereum is extremely crowded, and liquidity providers flee to the high yield and low fee blockchain, many chains are making great efforts to quickly launch Dapps and attract market share. There are some noteworthy developments in the Rust world:

  • NEAR launched an $800 million ecosystem fund and has been quietly climbing the DeFi TVL charts.

  • The Secret Network can now connect to multiple chains, and its SecretSwap is mobile enough that it will soon be a viable way to discreetly move assets between emerging multi-chain ecosystems.

  • Internet Computer (formerly DFINITY) has been Posting blog posts about technical issues and partnerships. They are running a developer grant program.

  • Nervos has launched their Force Bridge to connect to Ethereum and is working to increase EVM compatibility.

  • Polkadot has been conducting high-profile auctions for parallel chain slots on Kusama, its Canary network, and will soon begin an auction for the main Polkadot network. Some Kusama parallel chains, notably Moonriver, are already up and running and attracting EVM-compatible Dapps like Sushi.

  • Solana has become a giant with huge financial backing, and TVL is second only to Ethereum and the Binance smart chain. It has been attracting dapps and protocols that previously only supported EVM, such as Lido and RenVM; But it also has the power and stability of its own Solana native DApp.

Project focused on

Every month we like to look at a well-known Rust blockchain project. This month’s project is…

mina-rs .

Mina is a new blockchain network that uses zero-knowledge proofs to verify the state of the chain without having to access the entire blockchain, just a tiny (~ 22K) proof. This should enable even mobile devices to participate in the network as full validators, requiring less trust than is the case today when most clients connect to someone else’s full node hosted in the cloud. They call this style of chain “neat blockchain” and have caught the attention of other projects forming partnerships to bring the idea to other chains.

Mina-rs is an implementation of MINA in Rust, developed by ChainSafe. It was developed with WASM in mind as well as the mobile environment, indicating that we will be able to embed full nodes directly in the browser.

Some up-to-date information on Mina/Mina-RS:

  • Ebb and Flow: How does the Mina protocol benefit Web 3.0

  • Mina: Massively decentralized cryptocurrencies (White Paper)

  • 22kB blockchain — Technical reference

  • Mina Product Priorities and Mina Foundation mission

Interesting stuff

Blog posts

  • Rudra: Looking for memory security holes in Rust on an ecosystem scale
  • The anatomy of STARK
  • FROST: Flexible turn-based optimization of Schnorr threshold signatures
  • shard
  • Counter Strike: Threshold attack
  • AppliedZKP zkEVM Circuit code Guide

file

  • Plomo: Ultra-light blockchain client
  • Future Encryption: A paradigm for sending secret messages to future (anonymous) committees
  • Security of ECDSA with additional key derivation and pre-signature
  • How to prove the security of the Schnorr hypothesis Schnorr: Multiple and threshold signatures

project

  • Shade Protocol is a series of connection-privacy DApps built on the Secret Network.