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What are writers reading in the newsroom this week?

Read this article in 12 Minutes
Each week, the editorial team will recommend what readers think is worth reading to enrich themselves in the market downturn.

In the market downturn, we say goodbye to the impetuous story, back to the content itself. Every week, the guys at BlockBeats give readers a list of what they think is best and why. You can also join the BlockBeats community and Discord. This recommendation is only for exchange and learning, and does not make any investment advice. If you also have good articles to recommend, welcome to contact us through the following ways.


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BlockBeats Twitter:https://twitter.com/BlockBeatsChina

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BlockBeats Wechat: blockbeats_Cathy (please note after reading this article)


The following is the editorial recommendations for this issue.


Recommended Articles:A Comprehensive Interpretation of Public Chain Aptos: Opportunities and Challenges under First Mover Advantage


Referee: Peter Pan


Reasons for recommendation:Aptos has obtained financing progress of hundreds of millions level and enough market attention when the main network is not online. However, compared with the relatively mature Layer1 public chain represented by BSC, Solana, Avalanche, Fantom, Near, etc., Aptos is still in the early development stage. This 10,000-word article comprehensively discusses the Aptos project from the basic situation, ecological development, technical network progress, development planning and other aspects.


Recommended Article:"A turning point in crypto finance history: USdcs are turning against DeFi"


Narrator: 0xLaughing


Reasons for recommendation:In breaking news on August 8, the U.S. Treasury Department's Office of Foreign Assets Control (OFAC) added Tornado Cash to its Sanctions List (SDN), including its website itself as well as multiple Ethereum wallet addresses. All U.S. individuals and entities are prohibited from interacting with Tornado Cash or any Ethereum wallet address associated with the protocol.


Then a chain reaction began:

• The Github account and project codebase of Tornado Cash founders were blocked;

• Encryption API and node infrastructure providers Infura and Alchemy have turned off support for calls to Tornado Cash's RPC from their front ends;

• dYdX blocked related accounts linked to Tornado Cash;

• Circle blacklisted Ethereum addresses from the U.S. Treasury's sanctions list;

• MakerDAO may choose to sell all of its USDC exposure as a result of Tornado Cash sanctions, said Rune Christensen, co-founder of MakerDAO.


Starting from the story of Tornado Cash, this paper discusses the pros and cons of a privacy tool, and gives an in-depth understanding of the degree of decentralization of Crypto and its attitude towards strong regulation. "The very building blocks that once held up the whole decentralized world are now used as regulatory tools to kill industries." The industry exposed by this incident may still be largely centralized (or partially decentralized), and we have a long way to go to explore decentralization.


Recommended Article:"The primary market metamorphosis"


Recommended by: 0x137


Reasons for recommendation:Do projects, take financing, on the main network, send tokens. At Web3, it's easy to forget what the outside world is like with the dizzying amount of financing every week. This article shows the domestic primary market from both the project and the investor, as well as the complete process from BP to Exit. The content is funny, detailed and explicit. After reading this article, readers in the circle responded: "You have observed carefully, so don't observe any more". Today's innovative medicine, tomorrow's new energy, grab the share of land not let, fundraising and race up the turtle, the current market is already a red sea of capital, perhaps after reading this article you will understand why Web3 has become the capital of the new blue sea they want to enter.


Recommended Article:"Web3 -- Will it be the time We Think it will be? (Sarah & amp; Wang Jianshuo)"


Recommender: 0x76


Reasons for recommendation:In this program, the speaker Wang Jianshuo systematically expounded his understanding of Web3. In fact, the industry has produced a lot of content on this topic, but compared with other people's understanding of Web3, the most impressive thing about Wang Jianshuo's view is that he is not easily confused by some specious concepts. A statement like "Copyright is to NFTS what zip codes are to Email," in particular, can help the audience identify many concepts. I hope this podcast will give you more inspiration.


Recommended Article:"CC0 branch road, NFT blue - chip project business"


Recommended by: Cookie


Reasons for recommendation:What do you own when you buy a picture? If one day, you can walk three blocks and pass five people wearing MFER T-shirts, what rights will the owner of MFER have? Or is he just the owner of a cultural emblem?


Recently, the discussion of CC0 NFT has gradually become hot, and there are even some calls for "CC0 Summer". This paper combines the copyright treatment of each project, introduces what CC0 is and why CC0 is chosen in a simple way, and lists the development situation/highlight cases of representative CC0 projects. You'll find that the possibilities of CC0 are really interesting.


Recommended Article:"Decentralization: principles, models, and methods that Web3 builders should know"


Recommended by: Crescent


Reasons for recommendation:Compared with the current flexible, perfect, efficient and stable centralized system, decentralization is still in the slow construction process. This paper describes the challenges faced by decentralization from three independent aspects: technology, economy and law, how builders build decentralized applications, and the practical application of decentralization.


Recommended Article:"1 man full-time club valued at over $100 million? Check out the evolution of FWB over six seasons"


Referee: Zhang Wenwen


Reasons for recommendation:If you want to know about DAO, you must study FWB carefully, after all, DAO head. This episode of FWB with Shawn is so detailed that in an hour and a half, you can learn what the two of you have been working on for months. DAO's most interesting ownership and VIBE is what sets DAO apart. PS: According to Super Brother, this episode was recorded a few weeks ago. He has a new understanding of FWB and will have a chance to chat again.


Recommended Article:"Blockchain scalability and the fragmentation of crypto"


Referee: Miss Fu


Reasons for recommendation:An article by Jon Frost, an economist at the Bank for International Settlements who does blockchain research, discusses why Crypto itself could not theoretically be used as a currency. From the perspective of many governments, they are anti-crypto. From the perspective of governments, they can better understand the essence of money and what monetary assets can serve the common people.


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