$MITO @MitosisOrg #Mitosis As mentioned above, Mitosis (MITO) is a blockchain project with innovative solutions aimed at improving liquidity issues in DeFi. Its unique EOL model and cross-chain functionality provide new opportunities for users and developers. However, investing in cryptocurrencies carries risks, and it is recommended to conduct thorough research and consideration before making investment decisions.
1. Modular Architecture This is the core design philosophy of Mitosi. It draws on the ideas of projects like Celestia, decoupling the traditional functional layers of blockchain: Execution Layer: Responsible for processing transactions and running smart contracts. Mitosi itself does not directly handle execution but allows other chains (referred to as "partner chains" or "execution layers") to build on top of it. Settlement Layer: Provides dispute resolution and security. Mitosi initially serves as its own settlement layer but plans to support other settlement layers such as Ethereum in the future. Consensus and Data Availability Layer: This is Mitosi's core contribution. It sorts and reaches consensus on transactions through its network nodes and ensures transaction data is available, which is the cornerstone of security. This design allows developers to flexibly choose the components they need, focusing on building applications without worrying about underlying consensus and security issues. 2. General Interoperability Mitosi's goal is not just to connect a few chains but to become the interoperability center of the entire crypto world. Its interoperability solutions are characterized by: Trustless: Does not rely on third-party or multi-signature bridge trust assumptions, mainly relying on cryptography and economic security guarantees. Universal: Aims to connect nearly all mainstream blockchain environments such as Ethereum Virtual Machine, Solana Virtual Machine, Move Virtual Machine, etc. Atomic Composability: Supports atomic swaps and complex operations across chains, for example, enabling payment on Chain A and immediate asset receipt on Chain B within a single transaction. 3. Proof-Based Security Model Mitosi uses cryptographic proofs to verify whether the state transitions of cross-chain messages are correct. Optimistic Verification: Initially may adopt an "optimistic" model, assuming state transitions are correct, but there is a challenge period during which anyone can submit a fraud proof to dispute invalid transactions. Zero-Knowledge Proofs: The long-term vision is to integrate zero-knowledge proof technologies like zk-SNARKs to immediately verify the correctness of state transitions through validity proofs, achieving faster and more secure cross-chain communication. @MitosisOrg #Mitosis $MITO
Pyth Network is a next-generation decentralized oracle designed specifically for the financial industry. Its mission is to address one of the most critical issues in the blockchain space: securely, reliably, and cost-effectively bringing high-frequency, high-fidelity financial data from the real world (such as stocks, cryptocurrencies, foreign exchange, and commodity prices) onto the blockchain (DeFi, Web3 applications). Unlike traditional oracles, Pyth directly obtains data from first parties—namely the world's largest exchanges, market makers, and financial service providers (such as Jane Street, CBOE, Binance, OKX, etc.)—and aggregates it on-chain, ensuring the originality, accuracy, and timeliness of the data. On Pythnet, a Byzantine fault-tolerant aggregation algorithm receives data points from all providers. This algorithm will filter out outliers and aggregate all valid data into a single, authoritative "benchmark price" and confidence interval. This process occurs multiple times per second, achieving near real-time updates @Pyth Network #pythroadmap $PYTH
Pyth Network is a next-generation decentralized oracle designed specifically for the financial industry. Its mission is to address one of the most critical issues in the blockchain space: securely, reliably, and cost-effectively bringing real-world high-frequency, high-fidelity financial data (such as stock, cryptocurrency, foreign exchange, and commodity prices) onto the blockchain (DeFi, Web3 applications). Unlike traditional oracles, Pyth obtains data directly from first parties—namely, the world's largest exchanges, market makers, and financial service providers (such as Jane Street, CBOE, Binance, OKX, etc.)—and aggregates it on-chain, ensuring the data's originality, accuracy, and timeliness. @Pyth Network #PythRoadmab $PYTH
Pyth Network is a next-generation decentralized oracle designed specifically for the financial industry. Its mission is to address one of the most critical issues in the blockchain space: securely, reliably, and cost-effectively bringing high-frequency, high-fidelity financial data from the real world (such as stock, cryptocurrency, foreign exchange, and commodity prices) into the blockchain (DeFi, Web3 applications). Unlike traditional oracles, Pyth obtains data directly from first-party sources—namely the largest exchanges, market makers, and financial service providers in the world (such as Jane Street, CBOE, Binance, OKX, etc.)—and aggregates it on-chain, ensuring the originality, accuracy, and timeliness of the data. First-party data: eliminates intermediaries, guaranteeing data quality from the source. Pull model: Unlike the traditional push model, applications only fetch data when needed. This greatly reduces on-chain costs (Gas fees) and avoids the expenses incurred from continuously pushing data to all applications. High-frequency updates: On high-performance chains like Solana, prices can be updated multiple times per second, meeting the demands of advanced financial products. Cross-chain native: Designed from the beginning as a multi-chain service, easily supporting almost all mainstream blockchains. Powerful network effects: Boasting the industry's most luxurious lineup of data providers, the quality and reliability of the data create a very high barrier to entry. @Pyth Network #PythRoadmab $PYTH
Pyth Network is a next-generation decentralized oracle designed specifically for the financial industry. Its mission is to address one of the most critical issues in the blockchain space: securely, reliably, and cost-effectively bringing real-world high-frequency, high-fidelity financial data (such as stock, cryptocurrency, foreign exchange, and commodity prices) onto the blockchain (DeFi, Web3 applications). Unlike traditional oracles, Pyth obtains data directly from first parties—namely, the world's largest exchanges, market makers, and financial service providers (such as Jane Street, CBOE, Binance, OKX, etc.)—and aggregates it on-chain, ensuring the original nature, accuracy, and timeliness of the data. First-party data: Eliminates intermediaries, guaranteeing data quality from the source. Pull model: Unlike the traditional push model, applications only retrieve data when needed. This greatly reduces on-chain costs (gas fees) and avoids expenses incurred from continuously pushing data to all applications. High-frequency updates: On high-performance chains like Solana, prices can be updated multiple times per second, meeting the needs of advanced financial products. Cross-chain native: Designed from the outset as a multi-chain service, easily supporting almost all mainstream blockchains. Strong network effects: Boasting the industry's most luxurious lineup of data providers, the quality and reliability of data create extremely high barriers. @Pyth Network #PythNetworkcamps $PYTH