Evening Read | Who will become the center of Web3.0 between Hong Kong, China and Singapore?

Evening Read | Who will lead Web3.0: Hong Kong, China, or Singapore?

1. Jump Crypto: How Mempool Transactions Can Avoid Sandwich Attacks to Achieve Optimal Swaps

Decentralized exchanges (DEXs) are one of the core foundations of DeFi, facilitating billions of dollars in trades every day. One might think that such a critical and well-established component of the ecosystem would be subject to immense optimization pressure, and indeed many aspects of the “transaction supply chain” have been optimized, whether it is DEX aggregation platforms that enable cross-pool trading, or gas-free atomic swaps. Click to read

2. Index Track: Which Projects Are Worth Paying Attention To?

I don’t know if you’ve heard, but passive index products ($22 trillion) make up 26% of the global equity market. In the world of cryptocurrency, indices make up only 0.065% of the entire market cap. This is a trillion-dollar opportunity that almost everyone is ignoring… Click to read

3. How to Build a “Web3 Anti-Sybil” System

Sybil attacks (known as “hair-pulling” in the airdrop community) are a very serious problem that undermines the trust and integrity of decentralized networks.

Decentralized mechanisms rely on a “unique identity assumption” to operate – each participant on the network has an independent identity and equal voice among different identities – but when a single user creates multiple false identities through a Sybil attack and manipulates the system, this assumption no longer holds. Click to read

4. What Does a Decentralized Database Mean for Web3?

There are two basic ways to store data for Web2 applications: File System and Database. Because Web3 lacks a database product, most DApps still use centralized databases to store structured data, except for a small amount of important data stored in expensive smart contracts. As decentralized file systems like IPFS begin to be used for Web3 NFT data storage, decentralized file systems are recognized and accepted by Web3, and decentralized database technology has undergone a round of iteration, with multiple new products emerging. Click to read

5. Hong Kong and Singapore Vie for a New Financial Path in Web3.0: Who Will Become the Center of Web3.0?

In the era of the digital economy, the international economic and financial landscape is undergoing a new change. As both Asian and international financial centers, Hong Kong and Singapore have successively made efforts in the third generation of the Internet (Web3 or Web3.0), vying for a new path in the financial field. “With the rise of blockchain technology, many people believe that the Internet has entered the era of Web3,” Hong Kong Financial Secretary Paul Chan said at the Hong Kong Web3 Carnival in April this year. In fact, Web3.0 is gradually becoming a blue ocean in the global financial field, with fierce competition between Hong Kong and Singapore. Click to read