🤝 A common place
One for all and all for one
🫡 Heads Up: We at ZKV have decided to change the design of our previous weekly Cosmos Newsletter and give this publication a broader perspective to bring you the latest news that matters across The Interchain. So that’s why it looks a bit different than what we shared with you before. Hope you like it. - The ZKV Team
⏰ Quick read
🔐 Encrypted: The launch of Prism was announced. It enables direct, verifiable authentication for encrypted messaging using rollups on Celestia, minimizing reliance on trusted third parties.
📈 Prediction Markets: dYdX plans to introduce perpetual futures for prediction markets, diversifying beyond centralized exchanges and trading venues.
⛓️ Beyond chains: The Olympus release broadens Cosmos SDK capabilities, allowing non-blockchain applications and improved scalability.
📰 On the Headlines: Polaris 101 in 3 mins
✨ The reason for Polaris
Polaris addresses cross-chain liquidity fragmentation by abstracting over decentralized exchanges (DEXs), bridges, and wallets.
🤔 How is this possible?
It leverages Multiparty Computation (MPC) for decentralized key management, allowing users to manage assets across multiple chains through a single wallet without needing separate private keys for each chain.
Polaris also utilises bridge abstraction to integrate multiple existing cross-chain bridges, selecting routes based on liquidity and efficiency. It aggregates liquidity from different DEXs, such as Uniswap and Jupiter, to optimize trade execution. Gas fee abstraction enables users to pay transaction fees in any token, eliminating the requirement for native tokens on each chain.
🤷♂️ What it doesn't do?
It does not centralize liquidity or deploy a new chain, but rather interacts with the existing infrastructure to facilitate cross-chain operations.
🧪 What happens next for Osmosis now?
According to a thread by Sunny Aggarwal, Osmosis will continue evolving with the focus on being a "competitive liquidity hub serving Polaris traffic". 👩🚀 Into the Outer Space: Welcome, Eva
Eva is a cryptographic protocol for authenticating lossy-encoded videos, presented in a paper released this month. It improves efficiency using Incrementally Verifiable Computation (IVC), folding schemes, and GPU acceleration, offering constant-size proofs for video authenticity. Tests demonstrate practical performance for HD video.👋 Ending note: We hope you like our new format and angle. If you have any feedback or suggestions, feel free to leave them here.