Hacken Alpha Intelligence Weekly Digest #33
From scalable L1s and AI networks to high-speed DeFi, this week’s picks show Web3’s backbone in action. Our community dug into real-world use, governance, and security.
See what stood out 👇
@cz_binance 100% agree with you, that's why I invested in @LoopNetwork3 it is what Dev is doing building amazing Blockchain in silent, long term holders gonna win🔥
BREAKING : 🚀
Loop Network isn’t just fast. It’s a GAME-CHANGER.
⚡ 100000x faster than traditional blockchains
💸 Fees so low, they’re almost non-existent
🌍 Built for DeFi, NFTs & the entire Web3 ecosystem
🤖 AI - Elector in the Veins
Early adopters = Future millionaires.
Are you in? #LoopNetwork #Crypto #Web3 #DeFi $LOOP #BTC #Bullrun #altcoin #ETH #Ethereum #bitcoin
@binance $LOOP Network is my retirement @LoopNetwork3 the UNIQUE Layer 1 with Infinite TPS super low Gas fee‘s $0,000002, Secure Bridge, Elector AI integrated, ETH2.0 Protocols implemented.
Loop Network integrated Elector - AI
Infinity TPS Low Gas fee‘s Secure Bridge
Autoburn LIP1559 same like in ETH EIP1559
Integrated ETH2.0 protocols
And soon the switch to HYBRID POSA will happen, we are waiting for Tier1 Listings, Burns and a strategic Tier1 Marketing @LoopNetwork3
@ethereum@LoopNetwork3 is also for everyone, fast, cheap and scale any EVM Blockchains. Only at 6 Million MC. Infinity TPS. Integrated AI „Elector“
LIP1559 Burn Mechanism like EIP1559 in ETH.
$LOOP
You and your Team deserved it, you had bad days and very bad days but you got up again. A real example for the humanity. I know one more Dev like you….he is strong he never gave up he is workkng in the background, he dont care what other people talk about him. He spended more then 5 Million $ from his own pocket in this Bear Market for his Technology Layer 1 and people still speaking bad about him. But he will show that he was right in the coming Altcoin Season. Btw he launched in your Chain #CZ #BNB $LOOP @cz_binance@BNBCHAIN@LoopNetwork3
I think we need a blockchain that leads us to mass adoption. We don’t have a blockchain that’s super scalable, extreme secure and cheap. We don’t have it yet. The team of @LoopNetwork3 is building such a blockchain. And once the team released the updates, $LOOP is potentially the next major L1 Blockchain.
With a hybrid PoSA approach and the elector consensus mechanism $LOOP guarantees speed and scalability. Combined with ultra low fees (~0.00002 $LOOP/Transaction)
Additional $LOOP will be $ETH 2.0 compatible what makes it easy for projects to move over to a faster and cheaper version of $ETH
More or less what JustinDrake mentioned with #ETH #BeamChain is what the team of @LoopNetwork is already building and close to publish.
So my conclusion is, we need a new fundament of capable and robust L1 #Blockchains to set new trends to follow. And one of these next gen Blockchains is LoopNetwork. @cz_binance I really would like to read your thoughts about it.
Loop Improvement Proposals:
LIP-195 (Replay Protection): Introduces replay protection for transactions, ensuring that transactions from one chain cannot be executed on another chain.
LIP-198 (State Clearing): Introduces state clearing for unused accounts, reducing the database size and improving performance.
LIP-241 (Code Size Limit): Adds a limit on the size of smart contract code to reduce potential gas costs and improve overall performance.
RPC API Improvements
loop_sign (Breaking Change): This method now prepends a known string to the input and hashes the message server-side for added security.
new methods:personal_sign and personal_recover: Enable signing and recovery of messages with added functionalities.
loop_getRawTransaction: Returns the RLP (Recursive Length Prefix) encoding of a transaction for improved raw data handling.
debug_traceTransaction: This feature allows you to filter the EVM (Loop Virtual Machine) using an arbitrary JavaScript map/reduce function server-side, providing advanced debugging capabilities.
Changes to Response Fields:Transaction responses now include v, r, and s values for better signature handling.
Receipt responses now include a root field prefixed with 0x.
new functionality:personal_importRawKey: Import an unencrypted private key via RPC for easier key management.
Infrastructure Overhaul
Build Infrastructure:Leth’s packages are now built across Travis, AppVeyor, and CircleCI for continuous integration and deployment.
Database Upgrade
The blockchain database structure has been upgraded.
Important Note: If you plan to revert to an earlier 1.9.x version, make sure to back up the chaindata directory. Once upgraded to 2.4, you cannot directly downgrade without a resync.
Other Notable Changes
Improved Performance: The fork and state clearing optimizations improve the efficiency of the Loop network.
Enhanced Debugging: The new debugging tools and methods offer more control over transaction analysis and validation.
Better Transaction Data: Detailed transaction response fields improve transparency in transaction validation and signature handling.
Version 1.2.9 - Release Highlights
Hybrid PoSA Node Setup
Initial Node Setup (v1.2.9.1):
Deployed the Hybrid PoSA node using Geth.
Resolved permission issues encountered during the setup process, enabling stable node operation.
Additional Nodes Configuration (v1.2.9.2):
Configured IP permissions in collaboration with the DevOps team to ensure secure network communication.
Deployed a second Hybrid PoSA node on a separate server instance, ensuring redundancy and scalability.
Scaling the Network (v1.2.9.3):
Successfully set up 10 Hybrid PoSA nodes, including validating and bootstrap nodes.
Addressed issues preventing validation from starting, ensuring operational integrity across nodes.
Problem Resolution
Validation Issues (v1.2.9.4):
Debugged and resolved issues preventing the validation process from initiating on the nodes.
Mining Configuration (v1.2.9.5):
Solved mining-related problems, ensuring accurate block production and inclusion in the chain.
Blockscout Integration (v1.2.9.6):
Resolved challenges with Blockscout integration, ensuring accurate data display and network exploration capabilities.
Version Summary
Version Number: 1.2.9
Submodule Updates:Hybrid PoSA Deployment: v1.2.9.1 - v1.2.9.3
Problem Resolution: v1.2.9.4 - v1.2.9.6
Version 1.2.8 - Release Highlights
Node Deployment & Configuration
Node Infrastructure Setup (v1.2.8.1):
Opened ports and updated Terraform configurations for enhanced infrastructure provisioning.
Successfully launched Node10 to expand the network’s computational and transactional capacity.
Node Instance Configuration (v1.2.8.2):Configured Node10 instances to handle requests efficiently.
Adjusted request handling types and optimized configurations for better load management.
Explorer Deployment & Environment Configuration
Explorer Setup (v1.2.8.3):
Initialized the Explorer instance with DNS setup to allow seamless access and integration.
Configured Cloudflare certificates and fine-tuned NGINX settings to enable secure HTTPS connections.
Blockscout Integration (v1.2.8.4):
Modified and tested docker-compose files from the Blockscout repository for manual deployment and testing.
Edited and validated environment configuration files to ensure compatibility with the existing network.
Version Summary
Version Number: 1.2.8
Submodule Updates:Node Deployment: v1.2.8.1 - v1.2.8.2
Explorer & DNS Configuration: v1.2.8.3
Version 1.2.7 - Release Highlights
Archive Node Setup & Synchronization
Initial Setup (v1.2.7.1):
Successfully started the archive node locally, ensuring compatibility with the latest configurations.
Encountered and began resolving issues with archive node syncing, which is critical for full node functionality.
Error Resolution (v1.2.7.2):
Investigated merge transaction errors while transferring data between the archive node and another node.
Identified potential synchronization bottlenecks and initiated debugging to ensure smooth data consistency.
Server Integration (v1.2.7.3):
Began connecting the archive node to a dedicated server to enhance scalability and reliability.
This archive node will be pivotal for Blockscout testing and enabling forking processes in future releases.
@LoopNetwork3 🔥 Exciting progress! $LOOP’s seamless transition to the PoSA hybrid model is in full swing. From Geth PoS nodes to merge testing, the foundation for scalable and secure consensus keeps getting stronger. The future of #Blockchain is here! 🚀 #Elector#LoopThinking