SuperNoderz, a user-friendly platform, simplifies the deployment of WitnessChain watchtowers nodes, enabling seamless participation in the decentralized infrastructure ecosystem. If you’re looking to contribute to DePINs, this guide will walk you through every step.
If you want to watch the Video tutorial, click below or head over to our YouTube channel.
What is WitnessChain?
WitnessChain enables DePIN projects to share information about their physical locations, network capacities, and more. This will allow DePINs to connect with each other, establishing an end-to-end supply chain of decentralized infrastructureWitness Chain enables DePIN projects to share info about their physical locations, network capacities, and more. This will allow DePINs to connect with each other, establishing an end-to-end supply chain of decentralized infrastructure
Deploying WitnessChain Watchtowers Node with Supernoderz ✅
Step 1: Create an EVM Wallet account
Go to https://metamask.io/download/ and download the Chrome extension
2. Once the download is finished, you will be redirected to the account creation page
3.Follow the prompts to create a wallet and Securely store your Secret Recovery Phrase (8, 12, or 16 words). This phrase is essential for recovering your wallet and its funds if access is lost.
4.Once completed, go to the account dropdown; you can use either 1 or 2 to select account details
5.Click Show Private Key and enter your wallet password. Copy and securely save the private key for later use.
Step 2: Deploying Watchtowers Node using SuperNoderz
1. Now, go to https://www.supernoderz.com and login with gmail.
2. Once in, go to the marketplace and select WitnessChain Watchtowers
3. Once you click on this, you will see the following fields to be filled.
Node Name: Enter a unique name for your node (e.g., test123).
Latitude and Longitude: These values will be auto-detected based on your location.
Private Key: Paste the private key obtained in Step 1.
Public Key: Enter your wallet address.
4. Once completed, Click Deploy. After deployment, you’ll be redirected to your dashboard to monitor logs and node activity.
5. And that is it; that’s all you require to deploy the WitnessChain Watchtowers seamlessly. Now you just need to register your Watchtowers
6. Go to the link here and copy the first command. Paste it in the terminal (iterm for Mac users, terminal for Linux users) to install the Witness CLI.
7.This is how the output will look like:
8. Copy the second command from the registration documentation. Replace the placeholder with your private key.
9. Once you paste it, the final output will look like this:
10. The final output will confirm successful registration as a Proof-of-Location (PoL) node.
Conclusion:
In conclusion, deploying a WitnessChain Watchtowers node using Supernoderz is straightforward and can be completed in just a few steps. Supernoderz allows users to easily set up the Node without extensive technical knowledge, making it accessible to more participants. Following the steps outlined in this guide, users can quickly and easily deploy their Node and contribute to the network.
SuperNoderz, a user-friendly platform, simplifies the deployment of WitnessChain Watchover nodes, enabling seamless participation in the decentralized infrastructure ecosystem. If you’re looking to contribute to DePINs, this guide will walk you through every step.
If you want to watch the Video tutorial, click below or head over to our YouTube channel.
What is WitnessChain?
WitnessChain enables DePIN projects to share information about their physical locations, network capacities, and more. This will allow DePINs to connect with each other, establishing an end-to-end supply chain of decentralized infrastructureWitness Chain enables DePIN projects to share info about their physical locations, network capacities, and more. This will allow DePINs to connect with each other, establishing an end-to-end supply chain of decentralized infrastructure
Deploying WitnessChain Watchover Node with Supernoderz ✅
Step 1: Create an EVM Wallet account
Go to https://metamask.io/download/ and download the Chrome extension
2. Once the download is finished, you will be redirected to the account creation page
3.Follow the prompts to create a wallet and Securely store your Secret Recovery Phrase (8, 12, or 16 words). This phrase is essential for recovering your wallet and its funds if access is lost.
4.Once completed, go to the account dropdown; you can use either 1 or 2 to select account details
5.Click Show Private Key and enter your wallet password. Copy and securely save the private key for later use.
Step 2: **Deploying Watchover Node using SuperNoderz
**
1. Now, go to https://www.supernoderz.com and login with gmail.
2. Once in, go to the marketplace and select WitnessChain Watchover
3. Once you click on this, you will see the following fields to be filled.
Node Name: Enter a unique name for your node (e.g., test123).
Latitude and Longitude: These values will be auto-detected based on your location.
Private Key: Paste the private key obtained in Step 1.
Public Key: Enter your wallet address.
4. Once completed, Click Deploy. After deployment, you’ll be redirected to your dashboard to monitor logs and node activity.
5. And that is it; that’s all you require to deploy the WitnessChain Watchover seamlessly. Now you just need to register your watchover
6. Go to the link here and copy the first command. Paste it in the terminal (iterm for Mac users, terminal for Linux users) to install the Witness CLI.
7.This is how the output will look like:
8. Copy the second command from the registration documentation. Replace the placeholder with your private key.
9. Once you paste it, the final output will look like this:
10. The final output will confirm successful registration as a Proof-of-Location (PoL) node.
Conclusion:
In conclusion, deploying a WitnessChain Watchover node using Supernoderz is straightforward and can be completed in just a few steps. Supernoderz allows users to easily set up the Node without extensive technical knowledge, making it accessible to more participants. Following the steps outlined in this guide, users can quickly and easily deploy their Node and contribute to the network.
We have an update on Christine Brown suing her ex-husband for child support.
Back in September, we reported that the 52-year old had filed legal documents against the Sister Wives patriarch in which she asked a court to establish paternity of 14-year old daughter Truly because Kody Brown’s name is not on her birth certificate.
Christine Brown deserves props for getting away from Kody. (TLC)
Additionally, Christine has requested a domestic relations injunction that stops both parties from harassment, domestic violence, canceling or modifying services, taking the kids for non-routine travel without court orders or permission and demeaning or disparaging the other party.
Last Wednesday, meanwhile, the exes met in court (via Zoom) for a hearing in regard to this case.
According to court documents obtained by our friends at The Ashley’s Realty Roundup, both sides completed their disclosures for the case at the time and that the exes have now been ordered to attend a mediation conference scheduled for May 21, 2025.
Now, here is where it gets interesting…
Christine Brown smirks in this scene from Sister Wives. (TLC)
The court apparently classified Kody and Christine’s case as having Track 3 status, which is an assignment reserved for a “significant custody dispute.”
Consider the following section from the Utah State Courts website,
This category includes cases with significant custody disputes, including custody disputes involving allegations of child abuse or domestic violence. For a Track 3 case, at the case management conference the court and parties will address:
1) whether a custody evaluation is necessary, and, if so, the form of the evaluation and appointment considerations; and 2) whether appointment of a private guardian ad litem is necessary, and if so, the scope of the appointment and apportionment of costs.
Kody Brown appears to be in distress here. (TLC)
To be clear, we are not legal experts.
From what we understand, there have been no allegations of child abuse or domestic violence.
Rather, because Christine and Kody’s marriage was not legal in nature and because Kody is not listed on the aforementioned birth certificate… Christine cannot make any requests legally binding without this lawsuit/process.
After Christine’s walked away from Kody in November 2021, Truely moved with her mother from Arizona to Utah.
It sounds in our opinion here as if Christine wants to force Kody to actually leave his home in order to see his daughter… and not be forced on her end to send the teenager to Arizona out of any parental obligation.
Christine and Kody Brown are no longer married. That’s probably a good thing. (TLC)
Kody and Christine also share children Mykelti, Aspyn, Gwendlyn, Ysabel and Paedon; only Truely is a minor, however.
“When I lived in Flagstaff, I firmly believed that moving to Utah was the best choice for me and for Truely,” Christine explained during a previous episode of Sister Wives.
“I knew that I was taking Truely away from her dad. I felt like the best way to preserve Truely’s relationship with Kody was to move her away from him…
“I took their relationship while it was still good and I picked it up and I moved it. And then whenever we come back into town, I just pick it up again and I move it back.”
Sister Wives Season 19 features Kody struggling with his self-confidence. (Image Credit: TLC)
Kody doesn’t seem especially close to his children.
The father of 17 wasn’t even talking to son Garrison when the 25-year old committed suicide this past March.
Kody also trashed his ex-wife’s reasoning behind moving away with their teenager via a Sister Wives confessional last autumn.
“For Christine to think that she’s saving my relationship with Truely by taking her away from me and just ‘preserving’ it — that’s such B.S. rationalization,” Kody said on air, emphasizing that the situation was “ridiculous.”
He has not yet responded in public to Christine’s recent lawsuit.
Popular NFT marketplace OpenSea is at the center of a growing speculation surrounding a potential token launch.
After years of anticipation, a newly formed OpenSea Foundation and cryptic online posts have fueled expectations for a token dubbed $OCEAN.
Competitors like Blur and Magic Eden have already introduced tokens, adding pressure on OpenSea to follow suit. Whilst no formal announcement has been made, these hints have kept the NFT community remain speculative.
Source: OpenSea Foundation
What were the rumors all about?
The establishment of the OpenSea Foundation has become a focal point for speculation about the $OCEAN token. This post on X from @waleswoosh revealed that the foundation is registered in the Cayman Islands. Whilst the foundation’s purpose remains undisclosed, similar entities have been used by competitors to manage token launches.
An X account linked to the foundation recently posted “ocean enters the chat,” which was acknowledged by OpenSea and its CEO, Devin Finzer. This interaction has been widely interpreted as a subtle nod to an impending token.
Adding to the intrigue, OpenSea’s social media engagement has also fueled airdrop rumors wherein the platform recently asked its followers, “How long have you been using OpenSea?”—a question many see as related to measuring user loyalty, a common metric for airdrop eligibility.
Source: OpenSea
When can we expect more updates?
Meanwhile, crypto enthusiasts are placing their bets on the likelihood of a token launch through prediction platform Polymarket where the odds of an OpenSea token announcement before 2024 rose sharply to nearly 60% following the OpenSea Foundation’s cryptic post. A separate market also predicts an 82% likelihood of an airdrop before April 2025.
However, traders remain divided over the token’s long-term success. A Polymarket prediction on whether $OCEAN would achieve a $1 billion fully diluted valuation one week post-launch currently places the odds at 56%, reflecting cautious optimism.
Whilst details remain scarce, OpenSea’s recent activities suggest that a token launch could be on the horizon, leaving traders and NFT enthusiasts eagerly awaiting further updates.
Ronan Keating has divided his followers after he and his wife, Storm, flew their pets home to Australia for Christmas via a private jet.
The musician and his wife were reunited with their cat and dog this weekend after they flew with K9 Jets.
Ronan and his family moved to Australia earlier this year, and after a stint in London, they wanted to bring their pets back home with them.
Singer Ronan faces backlash from his followers (Credit: BBC / Would I Lie To You YouTube)
Ronan Keating brought his dogs back to Australia
He posted photos on his Instagram of the trip. And fans have been left divided after they realised just how much money he may have spent to do it.
Flights on the pet airline from London only go so far as America, so Ronan might have been purchasing two different flight tickets to get the family back.
The company states that it’s one pet per seat – and the lowest cost is £7,102 per person.
However, that’s just the lowest. The prices can easily soar as the highest tickets cost £13,200.
So even if Ronan were to get the cheapest seats, his two legs of the trip may have come to over £14,000.
In the carousel of photos the Boyzone star posted, one showed him stood next to his pup outside the plane.
But the rest showed the interior, and it was glamorous. The jet was filled with leather furnishings, luxury cushions, a huge bed and even a TV.
The couple also had cups of coffee, with the mugs personalised with their own photos.
He captioned the post: “Got our other babies safe and sound. Massive thank you to Adam and all the team at K9 Jets. WOW what an incredibly easy and enjoyable experience.”
Ronan Keating flew to Australia on a private jet with his dogs and wife. (Credit: ITV)
Fans react to the jet’s prices
The 47 year old may have found it enjoyable, but his followers were very divided. One commented: “How the other half live eh.”
Another penned: “It’s a bit much isn’t it.”
A third noted: “If it was an ad or a sponsored post he had to declare it. But he didn’t. So he clearly paid the price for it.”
“Cost of living crisis,” a user blasted.
However, the negatives were evened out by those who praised what Ronan did to get his fur babies back to Australia.
A user wrote: “Ignore the nasty comments – if you’ve got it, spend it.”
Another commented: “If I earned the money he has I’d be spending it how I wanted to as well.”
“Glad you’re using your money to get the rest of your family back! What gorgeous pets you have,” someone else wrote.
Read more: Max George faces new ‘issue’ and ‘more tests’ after heart surgery
What do you think of this story? What do you think of Ronan’s decision? Follow us on Facebook @EntertainmentDailyFix. Leave us a comment.
Don’t we all wish to get a tutor who could help and guide us at our own pace for as long as he never tired? What if every classroom had something similar? Sounds futuristic, right? Well, thanks to Artificial Intelligence (AI), this future has just arrived. According to the source, educators save 20% of their time by automating grading and lesson planning. Artificial Intelligence is sharpening the weapon, making education more accessible, personal, and effective than ever.
But how has AI transformed classrooms, changed learning methods, and affected educational institutions? Dive with us into this and discover how AI continues to transform the educational future, one algorithm at a time.
The Role of AI in Education: Transforming the Learning Landscape
Picture Courtesy: aits-tpt.edu.in
Artificial Intelligence (AI) is no longer a concept that is confined to science fiction cinemas, it is transforming the way we learn and teach. In education, AI is important in breaking down existing traditional walls, establishing inclusivity, and setting up dynamic learning environments for each individual.
What is the role of AI in education and why is it so revolutionary? Let’s find out:
1. Personalized Learning: One Size Doesn’t Fit All
Have you ever sat in a classroom and felt the lesson speed was either too slow or too fast to fit you? This can be remedied by finding out that technology will adapt the learning experience for each student.
Adaptive Learning Platforms: DreamBox and Coursera include AI algorithms that reformulate content with students’ progress and understanding.
Customized Feedback: AI offers instant feedback, to ensure students have understood concepts, before moving further.
Think about it: Wouldn’t you love having a learning companion who adapts to your pace?
2. Smart Content: Learning Beyond Textbooks
Textbook days have gone with the time. AI brings dynamic and interactive content actually to students:
Digital Lessons: AI-Powered Platforms presents lessons through incorporating highly engaging video lessons using quizzes and simulations.
Content Creation: AI could build quizzes, assignments, and even curriculum plans within several minutes.
Quick Tip: Next time you can use an AI learning tool while stuck on a topic and take a look at the concept in action!
3. Virtual Tutors: Education Anytime, Anywhere
Who said you need to be in the classroom to learn? With the advent of AI virtual tutors, education is made available to all.
24/7 Availability: There are many platforms, including Carnegie Learning, that provide on-demand tutoring.
Cost Effective: Virtual tutors save costs on hiring personal tutors.
Question for You: Would you prefer a virtual tutor who’s always available or a human tutor with limited time? Comment below!
4. Automating Administrative Tasks: Let Teachers Teach
Ask any Teacher if they consume a much time in grading and cleaning works. Yes, AI is here to help.
Automatic Grading: AI is able to grant the students the marks they receive for answering any type of question multiple-choice or essay.
Streamlined Communication: Answers by chatbots lessen the burden on administrators by allowing students to ask questions without raising their heads.
Fun Fact: Teachers save on average 13 hours per week using AI for grading!
5. Breaking the barriers of AI:
AI is making education inclusive by addressing barriers like language and accessibility:
Language Translation: Duolingo and Google Translate provide for students to be educated in their local language.
Accessibility Features: AI-enabled speech-to-text and screen readers enable persons with inputs to be used for the disabled.
Challenge: How will you answer this question? Do you think AI can bridge the digital divide in such areas?
6. Data-Driven Insights:
Artificial Intelligence is not only made more compelling but helps institutions, as well as educators, make decisions concerning themselves.
Analytics: AI instruments will watch student progress, flagging areas where improvements within learning have to be made.
Benefits: Strategies can be tailored by educators to help struggling students or provide more enhanced curriculum for advanced students.
7. Promoting Lifelong Learning:
AI’s impact isn’t limited to schools or universities—it extends to professional development and skill-building.
Applications: Platforms like LinkedIn Learning and Coursera offer AI-curated courses that align with career goals.
Outcome: Individuals can learn at their own pace, acquiring new skills to stay relevant in evolving industries.
8. Democratizing Education:
AI’s most powerful role is making this excellent education accessible to everyone clearly, irrespective of location or socio-economic strata.
Initiatives: AI-driven applications and World Wide Web portals are able to help students get high-quality education outside big cities or from less privileged areas.
Impact: This democratization will be effective in closing the gap in education within the world, one student at a time.
Picture Courtesy: The World Economic Forum
Case Studies: AI in Education
Artificial Intelligence (AI) has been adopted in various educational settings, creating tangible impacts. Here are five compelling case studies that illustrate how AI is transforming education globally:
1. Carnegie Learning: AI-Powered Math Tutoring
Picture Courtesy: blogspot.com
Overview: Carnegie Learning, a U.S.-based education company, developed an AI-driven tutoring system called MATHia. This platform uses machine learning algorithms to provide personalized math lessons.
Impact:
Improved student outcomes with an average increase of 30% in math proficiency.
Teachers could track real-time performance, enabling targeted interventions.
Success Stories: Schools using MATHia reported better engagement and reduced math anxiety among students.
2. Microsoft Immersive Reader: Accessibility for Diverse Learners
Picture Courtesy: binaryfork.com
Overview: Microsoft’s Immersive Reader is an AI-powered tool designed to support students with learning disabilities, such as dyslexia, by improving reading and comprehension skills.
Impact:
Features like text-to-speech, font customization, and translation made reading accessible to students in over 60 languages.
Increased inclusivity in classrooms, ensuring that all students could participate effectively.
Case Study: A school district in Colorado implemented Immersive Reader and saw a 40% improvement in literacy rates among struggling readers within a year.
3. Squirrel AI: Adaptive Learning in China
Picture Courtesy: siliconspectra.com
Overview: Squirrel AI, a Chinese ed-tech company, developed an AI-driven adaptive learning system to personalize student education across various subjects.
Impact:
The platform identified knowledge gaps and adjusted lessons to address individual needs.
Students who used Squirrel AI for just six months performed 30% better than their peers in traditional classrooms.
Reach: Over 2,600 learning centers in China now use Squirrel AI, making quality education accessible even in remote areas.
4. Duolingo: AI in Language Learning
Picture Courtesy: PC Magazine
Overview: The popular language-learning app Duolingo leverages AI to personalize lessons, track user progress, and optimize learning paths.
Impact:
The AI algorithm adapts exercises to match a learner’s proficiency, ensuring retention and progression.
With over 500 million users worldwide, Duolingo has made language learning accessible and engaging.
Case Study: In a controlled study, Duolingo users were found to achieve language proficiency equivalent to a semester of university-level coursework in 34 hours.
5. Third Space Learning: AI for One-on-One Tutoring
Picture Courtesy: SlideShare
Overview: UK-based Third Space Learning uses AI to provide affordable one-on-one math tutoring for primary school students.
Impact:
The AI analyzes student interactions during lessons to provide tutors with data-driven insights for tailored teaching.
Over 80,000 students have benefited from improved math skills, particularly in underprivileged communities.
Case Study: A London school district using the platform saw a 20% improvement in test scores among students receiving AI-assisted tutoring.
Picture Courtesy: The World Economic Forum
Challenges of AI in Education:
While Artificial Intelligence (AI) has immense potential to revolutionize education, it’s not without its challenges. Let’s explore the key challenges of AI in education and how they impact students, educators, and institutions.
1. Data Privacy and Security Concerns:
The AI system is established solely on data which can include sensitive information concerning student users. The security and privacy of such information must be ensured as breaches reveal personal information.
Solution: Stronger regulation, more robust encryption methods, and user-friendly policies regarding data usage mean a lot to protect users.
2. Bridging Digital Divide and Accessibility:
All students are not equipped with the necessary technology and internet connection to access AI tools. Students in urban areas enjoy the wide access that technology provides, and those who live in underprivileged parts have become left behind.
Solution: Investment in digital infrastructures and affordable access to devices is required to ensure inclusivity.
3. Over-Reliance on Technology:
AI tools are powerful, but it does not replace the emotional intelligence and relationship-building qualities of a human teacher. Being overly dependent on AI might lead to a loss of crucial soft skills that find their best nurturing in human interactions, including empathy and teamwork.
Solution: AI should supplement traditional modes of instruction for a balanced classroom experience.
4. Bias in AI Algorithms:
AI systems are good based on the data they are trained in; sometimes that data is biased. Biased AI algorithms lead to the unfair treatment of certain groups of students under such systems reinforcing stereotyping and inequality.
Solution: Ethical AI design and varied datasets used in training should come first for developers.
5. Resistance to Change:
Introducing AI into education often faces resistance from educators, students, and institutions. Teachers may feel overwhelmed by new technologies, and schools may lack the resources for implementation.
Solution: Comprehensive training programs for educators and phased integration of AI tools can help ease the transition.
The Future of AI in Education: A New Era of Learning
Picture Courtesy: fixbugtechnology.blogspot.com
Artificial Intelligence (AI) is poised to redefine education, offering unprecedented opportunities for personalization, accessibility, and innovation. As we move forward, the integration of AI in education promises to reshape traditional teaching methods, creating a more inclusive and efficient learning ecosystem. Let’s explore what the future holds for AI in education:
1. Personalized Learning at Scale:
AI provides hyper-personalized learning to every student by adjusting content and pace according to individual needs. It will further promote improved engagement and consequently better outcomes.
2. Virtual Classrooms and AI Tutors:
Virtual assistants and online tutors will provide personal assistance to students 24 hours a day, 7 days a week.
3. Global Accessibility:
AI will bridge the education gap by delivering quality resources to underserved areas, making learning accessible to students worldwide regardless of location or socio-economic status.
4. Enhancing Teacher Support:
AI assumes all the repetitive tasks in administration so that the teachers may get time to spend very productive time in teaching, creating an environment of creativity, collaboration, and better critical thinking skills in the students.
5. Immersive Learning Experiences:
AI will be integrated with virtual reality (VR) and augmented reality (AR) in creating simulations of immersive environments for learning practically in fields including science, engineering, and medicine.
AI in education is not just about replacing traditional methods but enhancing them. It’s about creating a collaborative environment where technology supports teachers and students alike. While challenges remain, the potential benefits of AI far outweigh the downsides.
What’s your take on AI in education? Are you excited about its potential, or do you have concerns? Are you ready to embrace this new era of learning? Let’s discuss this in the comments below!
And if you’re as excited about DeFi, blockchain, and the evolving Web3 universe as we are, join our community! Subscribe to our newsletter for the latest updates, trends, and insights—let’s navigate the world of Web3 together!
We’re excited to introduce Chainlink Smart Value Recapture (SVR)—a novel oracle solution designed to enable DeFi applications to recapture the non-toxic Maximal Extractable Value (MEV) derived from their use of Chainlink Price Feeds.
The initial version of Chainlink SVR was built in collaboration with BGD Labs, Flashbots, and other contributors to the Aave DAO and will initially focus on enabling DeFi lending protocols to recapture oracle-related MEV from liquidations. Built on top of Chainlink infrastructure, SVR systematically reduces unnecessary third-party dependencies and eliminates the need to integrate intermediary smart contracts, making it a very minimal lift for existing Chainlink Price Feed users to adopt SVR.
This version of SVR-enabled Price Feeds leverages Flashbots MEV-Share and a novel onchain “Dual Aggregator” contract architecture to provide efficiency and enhanced fallback security. Chainlink SVR is currently live on testnet and will soon launch on Ethereum mainnet. A future, fully custom implementation is planned to introduce further improvements, including increased decentralization, a DON-based auction system, enhanced gas efficiency, and cross-chain capabilities.
The integration of Chainlink SVR by the Aave community is currently undergoing governance approval and can be read on the Aave forum. The value recaptured by SVR not only provides DeFi protocols with a new revenue stream, but can be used to promote the long-term economic sustainability of Chainlink oracles, ultimately ensuring DeFi protocols maintain access to highly secure and reliable oracles.
How Oracles in DeFi Create MEV Opportunities
Maximal Extractable Value (MEV) refers to the value derived from the ability of block proposers (within blockchain networks) to include, exclude, or change the order of transactions in the blocks they produce. Today, these transaction ordering opportunities are identified by searchers, who bid via a competitive auction for the right to order transactions in the block. The value is then captured by the participants of the block building process such as searchers, builders, and validators.
As a sub-set of MEV, “Oracle Extractable Value” (OEV) refers to the MEV created during the transmission of oracle reports onchain and their subsequent consumption by onchain applications. The most common OEV opportunity is seen with lending protocols, namely during the liquidation process where searchers compete for the right to liquidate an at-risk position and earn a liquidation bonus reward. On Ethereum, the process of auctioning blockspace is commonly achieved through Flashbot’s MEV-Boost, enabling searchers to backrun a price oracle report update with a liquidation transaction via transaction bundling.
Today, the value associated with oracle-related MEV, such as liquidations, is captured by the searchers, builders, and validators of a blockchain network, with none returning back the DeFi protocols, end-users, and oracles that originally generated the oracle-related MEV. Recapturing this non-toxic MEV would ultimately return value back to its originator.
Note: The term “OEV” can be considered to be a misnomer, as it does not refer to oracles actively extracting value away from users, but rather relating the existence of oracle-related MEV. We use the term “OEV” here as it’s commonplace to use in reference to this type of MEV.
Why Chainlink SVR?
Chainlink Labs and the broader Chainlink community have been actively researching solutions around MEV for a number of years, such as research on Fair Sequencing Services (FSS) and Protected Order Flow (PROF). As a subset of MEV, we’ve also engaged in research around OEV and how DeFi protocols can recapture this value and to help support the economic sustainability of oracles. We’ve analyzed various OEV designs in order to realize a solution that maximizes security, reliability, and long-term economic viability.
From our research, we’ve successfully developed an initial version of an OEV solution called Smart Value Recapture (SVR). Chainlink SVR is built specifically for backrunning as it pertains to liquidations and cannot be used for frontrunning or sandwich attacks, which are toxic forms of MEV that harm the user experience and for which the Chainlink network and community has actively engaged in research on solutions to mitigate this problem for many years.
We believe Chainlink SVR is best suited to offer a native MEV recapture solution, as Chainlink Price Feeds already help secure many of the largest DeFi protocols and have a proven track record of security and reliability. In integrating a Chainlink-powered MEV recapture solution, DeFi protocols can retain this Chainlink security and reliability while also further increasing the economic sustainability of themselves and the Chainlink infrastructure they rely on.
Some of the notable benefits of Chainlink SVR include:
SVR is underpinned by the same time-tested and battle-hardened decentralized oracle network (DON) infrastructure that has powered Chainlink Price Feeds for the past 5+ years—which have successfully secured \$75 billion in DeFi TVL at its peak and enabled $17 trillion in transaction value. SVR reduces unnecessary third-party vendor risks to protocols already consuming Chainlink Price Feeds, reducing their overall attack vector and preventing unnecessary third parties from siphoning economic value. SVR doesn’t require DeFi protocols to integrate intermediary contracts or to “wrap” Chainlink Price Feeds, ensuring more efficient smart contract workflows that remove the need for DeFi protocols to materially change how they consume oracle data. With Chainlink being the most widely used oracle solution across DeFi, SVR can drive economies of scale where the most opportunities and highest revenue potential for searchers and subsequently DeFi protocols exists.
Based on real-world testing, we believe Chainlink SVR can expect to achieve a realistic value recapture rate of approximately 40% (i.e., for every \$100 that would have been leaked via liquidation MEV, \$40 was recaptured). While some alternative solutions have claimed to achieve a higher efficiency rate for recapturing liquidation MEV, we have not seen conclusive real-world data to showcase this. We believe that 40% is a conservative but realistic estimate—real life performance will be needed to gather actual data.
The initial version of SVR is only the beginning. Over time, Chainlink SVR aims to transition into a highly configurable, highly decentralized, generalizable, and cross-chain OEV solution built entirely on Chainlink’s battle-tested infrastructure. We are excited to see protocols maximize MEV revenue recapture across any supported chain while also eliminating unnecessary risks and timing delays introduced by alternative OEV solutions.
How The Initial Version of Chainlink SVR Works
The initial implementation of Chainlink SVR will consist of a parallel set of Chainlink Price Feeds, powered by the same established DON architecture that secures existing Price Feeds.
Chainlink Price Feeds provide the market-wide, volume-weighted average price of crypto assets by using decentralized oracle networks and multiple independent data sources.
SVR-enabled Chainlink Price Feeds will be deployed in order to recapture liquidation-related MEV for lending protocols that integrate the solution, while also retaining the standard Chainlink Price Feeds as a fallback. The “Dual Aggregator” Price Feed design enables a single Chainlink Data DON to produce oracle reports exactly the same as they do today while transmitting the oracle report onchain via different methods. SVR Feeds are based on existing Chainlink contracts and interfaces, greatly reducing the integration burden on existing Chainlink users since minimal code changes are required (potentially even as minimal as pointing to the new aggregator or SVR feed).
The oracle report sent to the SVR-enabled Price Feed will transmit updates onchain via Flashbots MEV-Share, where the right to bundle a liquidation transaction with the oracle report update is auctioned to searchers in a permissionless manner. In parallel, the same oracle report is also transmitted onchain via the public mempool to the existing standard Price Feeds, which serves as a fallback to mitigate potential risk scenarios. Users of the standard Price Feed are completely unaffected by anything SVR-related, as it is opt-in.
The smart contract infrastructure underpinning Chainlink Smart Application Recapture (SVR).
In the case of a transmission failure by the SVR-enabled Price Feed (i.e., MEV-Share failure), there is a fail-safe mechanism to ensure that the feed can still report a price to the DeFi protocol. When the SVR-enabled Price Feed is determined to be stale by a configurable time period, it will return the latest price report from the standard Price Feed before the cutoff point. This delay is necessary to avoid liquidators extracting value by bypassing the value recapture mechanism provided by Chainlink SVR.
The figure below provides a high-level overview of how SVR is proposed to be integrated within Aave V3 on Ethereum.
The proposed implementation of Chainlink SVR with Aave v3 on Ethereum.
The flow in the figure works as follows:
The Chainlink Data DON produces a price oracle report exactly as today (i.e., by a heartbeat or deviation threshold). However, the price report is transmitted twice, from different accounts.
One price report is transmitted to the standard Price Feed via the public mempool (the same as today). Another price report is transmitted to an SVR Price Feed contract through a Flashbots Protect RPC endpoint.
MEV-Share is an open-source protocol that selectively shares data about transactions, such as price oracle updates, with searchers who bid to include the transactions in bundles shared with builders. Builders then select the highest searcher bid and include the relevant backrun and liquidation transactions in a block. If no bid is placed, then the price oracle report is published onchain without any backrunning liquidation transaction. When the price report and the backrunning liquidation transactions are published onchain, then:
The price report updates the SVR Price Feed. The backrunning transaction uses the price update to liquidate the relevant positions. Most of the value is recaptured by Aave and Chainlink.
In the described example, the SVR feed returns an updated price. However, if no fresh price is available (e.g. if MEV-Share fails), the feed contract connected to Aave has a fail-safe mechanism that returns a price from the standard Chainlink Price Feed at an adjustable delay.
Economics
The oracle-related MEV recaptured by Chainlink SVR is planned to be split at a standard rate between integrating DeFi protocols and the Chainlink Network, with 60% of the value going toward the DeFi protocol and 40% to the Chainlink ecosystem. This split provides DeFi protocols with an additional revenue stream while also supporting the economic sustainability of Chainlink oracles by covering transaction gas costs and other ongoing infrastructure expenses. Note that these values may be subject to change in the future, with the goal of generating sustainable economics between DeFi protocols and the oracles that power them.
Because of the deep, long-standing partnership between the Chainlink and Aave communities and Aave’s role as a launch partner, the near-term revenue split proposed to Aave will be 65% to the Aave ecosystem and 35% to the Chainlink ecosystem for the first six months, starting from in-production integration—subject to the Aave community’s governance approval.
We anticipate that Chainlink SVR will be one of the first Chainlink services connected to thePayment Abstraction system, subject to the results of security audits and deployment status. Payment Abstraction is a system of onchain smart contracts that help significantly reduce billing and payment friction for users and developers interacting with Chainlink services. The system is designed to convert fee tokens into LINK via existing Decentralized Exchange (DEX) contracts.
Interested in Recapturing MEV Through Chainlink SVR?
If you’re a DeFi protocol and are interested in integrating Chainlink SVR to recapture MEV, reach out or follow us for more updates in the future.
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Disclaimer: This post is for informational purposes only and contains statements about the future, including anticipated product features, development, and timelines for the rollout of these features. These statements are only predictions and reflect current beliefs and expectations with respect to future events; they are based on assumptions and are subject to risk, uncertainties, and changes at any time. There can be no assurance that actual results will not differ materially from those expressed in these statements, although we believe them to be based on reasonable assumptions. All statements are valid only as of the date first posted. These statements may not reflect future developments due to user feedback or later events and we may not update this post in response. Please review the Chainlink Terms of Service, which provides important information and disclosures.
Published: December 23, 2024 at 11:00 am Updated: December 23, 2024 at 10:33 am
by Ana
Edited and fact-checked:
December 23, 2024 at 11:00 am
To improve your local-language experience, sometimes we employ an auto-translation plugin. Please note auto-translation may not be accurate, so read original article for precise information.
In Brief
BNB Chain has released its 2024 annual report, highlighting the network’s consolidation under the “One BNB” strategy, its positioning as an AI-first blockchain, and the launch of initiatives such as the Gas-Free Carnival and stablecoin incentive programs.
Blockchain platform for Web3 decentralized applications (dApps), BNB Chain released its 2024 annual report, highlighting milestones achieved throughout the year. These include the network’s consolidation under the “One BNB” multichain strategy, advancements in scalability and storage through opBNB and Greenfield, positioning BNB Chain as an AI-first blockchain, and launching impactful initiatives like the Gas-Free Carnival and stablecoin incentive programs.
One of the most notable milestones of the year was the consolidation of the network under a unified structure. This transition, referred to as the BNB Chain Fusion involved migrating the functionalities of the BNB Beacon Chain to the BNB Smart Chain (BSC) and retiring the Beacon Chain. This strategic move streamlined operations, improved efficiency, reduced security risks, and aligned the network’s infrastructure with contemporary technological needs and future scalability objectives.
The scalability and performance enhancements of opBNB represented another major breakthrough. The platform now supports a high gas limit of 100 million per second and achieves 4,600 transactions per second (TPS), surpassing similar technologies such as Ethereum’s Optimism. By mapping dependencies and executing non-conflicting transactions in parallel, opBNB significantly boosts transaction efficiency, delivering a 30% improvement in performance across the BNB Chain network.
In the realm of blockchain storage, Greenfield saw advancements with three forks—Hulunbeier, Ural, and Pawnee—that improved functionality and user experience. Additionally, the alpha version of Greendrive was launched, supporting over 30 public datasets and introducing a modernized user interface. The BNB Attestation Service (BAS) also demonstrated its reliability by completing 173,499 attestations with 1,418 unique attestors.
Ecosystem growth throughout 2024 was equally impressive, with Total Value Locked (TVL) increasing by 58.2%, unique addresses rising by 17.7%, and opBNB achieving 4.7 million daily active users.
BNB Chain Notes Security Milestones And Key Initiatives
In 2024, BNB Chain made notable progress in enhancing security, reducing financial losses from breaches by 67%—from $162 million in 2023 to $53 million. The number of security incidents also declined by 66%. This improvement highlights BNB Chain’s commitment to creating a safer blockchain environment. Initiatives like the Most Valuable Builder (MVB) Program and the BNB Incubation Alliance (BIA) further solidify its position as a leader in the Web3 ecosystem, fostering innovation and growth.
Stablecoin integration emerged as another focus area, with initiatives designed to incentivize their use within the ecosystem. Programs such as the Gas-Free Carnival and the TVL Incentive Program were implemented to drive adoption and cost-effectiveness. As a result, stablecoins now account for 8.8% of all transactions on the BNB Chain, with a temporary increase to 9.9% during the Stablecoin Retention Initiative. Within the initiative’s first week, BNB Chain’s stablecoin market share grew by 2.1%, highlighting the success of these campaigns in promoting stablecoin usage.
In 2024, BNB Chain also prioritized creating a reliable platform for AI-driven applications. It combined the high throughput and low transaction costs of BSC with opBNB’s rapid processing capabilities and BNB Greenfield’s secure, decentralized data storage. Additionally, BNB Chain launched the Meme Innovation Battle, aimed at fostering creativity and sustainable growth within the meme culture ecosystem. With $1 million pledged for this initiative, the funds were distributed across two streams: the Meme Innovation Competition and the Trade for Airdrop Rewards Competition.
The year also marked the successful execution of Seasons 7 and 8 of the MVB Program and the establishment of the BIA in collaboration with Binance Labs. These programs were designed to accelerate the growth of early-stage Web3 projects, reinforcing BNB Chain’s role in driving innovation and supporting developers across the ecosystem.
Disclaimer
In line with the Trust Project guidelines, please note that the information provided on this page is not intended to be and should not be interpreted as legal, tax, investment, financial, or any other form of advice. It is important to only invest what you can afford to lose and to seek independent financial advice if you have any doubts. For further information, we suggest referring to the terms and conditions as well as the help and support pages provided by the issuer or advertiser. MetaversePost is committed to accurate, unbiased reporting, but market conditions are subject to change without notice.
About The Author
Alisa, a dedicated journalist at the MPost, specializes in cryptocurrency, zero-knowledge proofs, investments, and the expansive realm of Web3. With a keen eye for emerging trends and technologies, she delivers comprehensive coverage to inform and engage readers in the ever-evolving landscape of digital finance.
More articles
Alisa Davidson
Alisa, a dedicated journalist at the MPost, specializes in cryptocurrency, zero-knowledge proofs, investments, and the expansive realm of Web3. With a keen eye for emerging trends and technologies, she delivers comprehensive coverage to inform and engage readers in the ever-evolving landscape of digital finance.
Wilder World’s newly revealed gameplay trailer is making waves across the gaming community, positioning this AAA metaverse as one of the most anticipated titles of 2025 in Web3 Gaming.
Currently trending on the Epic Games Store, it combines AI, blockchain technology, and a sprawling map ‘13.5 times larger’ than GTA 5, according to the announcement. The trailer highlights intense racing, immersive first-person combat, and social interactions, all rendered with some nice cinematic realism.
Many have commented on the trailer’s visuals, which look impressive, and how Wilder World could redefine how we interact with virtual worlds. And the creators are big on a player-driven economy where users can shape the world around them and the game.
Launched in 2021, the new Wilder World footage shows high-speed racing on futuristic streets and intense combat scenarios that show off the dynamic world.
Social features, such as players forming alliances or attending virtual events, also stand out. All of this supports the core idea of a metaverse where you can explore, create and thrive on your own terms.
Advanced Tech Stack and Economy
Wilder World’s tech stack is AI and blockchain-powered but accessible to non-Web3 users where on-chain processes happen behind the scenes. The team will also launch their own blockchain on the Polygon CDK, which aims to be Polygon’s flagship gaming and metaverse project.
The economy is centred around the $WILD token, which fuels all in-game transactions. Players can spend $WILD on racing essentials like fuel, vehicle repairs and parts. They can also use it for weaponry, ammo, mining rigs and upgrades. There is also an NFT-driven marketplace where players can trade avatars and cars and land through the Wilder World Metaverse Market (WWMM).
Source Wilder World
Industry Support
Several big partnerships show the potential of Wilder World in the metaverse space. A collaboration with Samsung will see Wilder World integrated into Samsung Smart TVs and Gaming Hub so millions of users can interact with assets from their living rooms. Wilder World also partnered with Polygon and Celestia to make on-chain gameplay scalable and affordable so millions more players can join the world.
Behind the scenes, the project’s 110-plus member team features industry veterans, including Michael Pryor (previously at Nike) leading procedural generation efforts. Lead Concept Artist Brandon Gobey contributed to major film projects like Dune, and BAFTA winner Jon Reilly focused on character art.
With these experts on board and the trailer looking good, Wilder World looks ready to deliver a metaverse that blends advanced technology with user-generated content when it launches in Q1 2025.
Editor’s note: Written with the assistance of AI – Edited and fact-checked by Jason Newey.
Jason Newey is a seasoned journalist specializing in NFTs, the Metaverse, and Web3 technologies. With a background in digital media and blockchain technology, he adeptly translates complex concepts into engaging, informative articles.
Disclosure: This is a sponsored post. Readers should conduct further research prior to taking any actions. Learn more ›
Wiami, Wilder World – December 23, 2024 – The wait is over! Wilder World, currently ranked as the 9th most wishlisted game on the Epic Games Store, has unveiled its much-anticipated gameplay trailer, which shows us the future of the metaverse. The visuals are stunning, and the gameplay is immersive with a cinematic realism that competes with the biggest names in the industry. Featuring high-speed racing, dramatic FPS combat, social interactions, and more, the trailer positions Wilder World as one of the most anticipated games of 2025.
Watch the new Wilder World gameplay trailer here and see for yourself the next-gen Metaverse.
This revolutionary platform empowers creators and players alike to shape their realities and own their digital futures. Powered by AI, blockchain, and NFTs, Wilder World delivers a player-driven economy and limitless opportunities to build, earn, and explore.
The advanced tech stack behind Wilder World leverages state-of-the-art technology, offering a seamless player experience where Web3 elements are fully abstracted. For non-Web3 native gamers, on-chain processes are completely invisible, creating a groundbreaking experience on par with traditional gaming. Additionally, Wilder World is preparing to launch its own blockchain built on the Polygon CDK, establishing itself as Polygon’s flagship gaming and metaverse project.
With its official super early access launch set for Q1 2025, Wilder World gives players full economic control via its on-chain marketplace, NFTs, and the $WILD token.
The Wilder World Early Access registration is now at https://www.wilderworld.com/earlyaccess.
Wiami is calling
Wilder World’s Wiami, a city 13.5 times larger than GTA 5, offers gaming, social events, and more. Its NFT-driven economy allows players to trade and own in-game assets like avatars, cars, and land through the Wilder World Metaverse Market (WWMM). Players can co-create, customize, and build experiences, enabling endless opportunities for participation and innovation.
“At the core of Wilder World’s vision is the belief that players – the Wilders – should be the true architects of their digital universe. Wilder World will empower creators to shape their realities today while building meaningful, lasting legacies in a limitless, interconnected metaverse.” – n3o, Wilder World Executive Producer
Fueling these experiences is Wilder World’s $WILD token, which drives all gameplay and in-world transactions. Players earn and spend $WILD in racing (for fuel, repairs, and parts), combat (for weapons and ammo), and mining (for rigs and upgrades). Exploring Wiami means stepping into a fully integrated ecosystem where Wilders are the architects of their own adventures.
Wilder World’s 110+ team features industry veterans like Procedural Generation Leads Michael Pryor (prev. Nike, CDO at DesignMorphine), Oleg Soroko (After Form), Lead Concept Artist Brandon Gobey (prev. DNEG, worked on Dune, Bladerunner, and more), and BAFTA winner Jon Reilly (worked on The Witcher, The Avengers, and more) as Lead Character Artist. Sim-Racing legends Aristotelis Vasilakos (prev. Assetto Corsa) and Marcus Reynolds (prev. Simbin) lead vehicle handling, while Chris Kochan (prev. Apple) directs the production.
Partnerships and Industry Backing
Wilder World is supported and backed by major industry players. The global distribution partnership with Samsung aims to bring the immersive Metaverse experience to millions through the integration of Wilder World on Samsung’s Smart TVs and Gaming Hub. This collaboration allows users to access, trade, and interact with Wilder World assets directly via Samsung TVs. The partnership marks a major milestone in making Wilder World accessible globally.
Wilder World partnered with Polygon and Celestia to enhance the scalability and accessibility of its virtual ecosystem. This collaboration ensures gasless transactions and strong infrastructure for Wilder World’s ecosystem, enabling millions of players to engage with on-chain gameplay experiences.
“Wilder World isn’t just a game—it’s the beginning of a new digital era where players truly own, create, and shape their experiences. This is the metaverse we’ve all been building toward, and it’s incredible to see it come to life.” – Sandeep Nailwal, Polygon Co-Founder.
Furthermore, Wilder World partnered with NVIDIA as the first Web3 game on GeForce Now (GFN), and Epic Games, where it ranks among the top 10 most anticipated games globally.
About Wilder World
Launched in 2021, Wilder World is an AAA metaverse that blends photorealistic graphics, AI-driven systems, and blockchain technology. Spanning a map 13.5x larger than GTA5, it features a player-driven economy, immersive gameplay, and partnerships with leaders like Samsung, NVIDIA, and Epic Games. Wilder World is redefining what it means to explore, create, and thrive in the Metaverse.
Strange depressions observed in the dunes of the Red Planet, resembling the activity of sandworms, have excited the scientific world. Researchers have revealed...
Source: OpenSea Foundation
