The Social Graph Nobody Owns: How Bluesky and the AT Protocol Became Web3's Default Open Network
Bluesky hit 43.5M users without a token by making exit, not ownership, the core promise. Here's how the AT Protocol's open social graph works, where the decentralization claims fall short, and why crypto builders are now building on it instead of against it.
Firedancer's $1M Gauntlet: Solana's Multi-Client Bet Faces Its Sharpest Test Yet
Jump Crypto opened a $1M bug bounty on Firedancer v1, Solana's first fully independent validator client. The 30-day Immunefi audit will decide whether Solana finally crosses the multi-client threshold.
RISE Chain: The Ethereum L2 That Wants to Be Both Fast and Decentralized at the Same Time
RISE Chain combines Block-STM parallel execution with based rollup sequencing to build an Ethereum L2 targeting 100,000+ TPS while inheriting Ethereum's decentralization — an architectural bet backed by Vitalik Buterin and $11.2M in funding.
Bittensor's Two-Front Governance Crisis: Latent 11 Inherits the Codebase as TAO Bleeds $900M
Bittensor handed core development to Latent 11 the same month Covenant AI walked out and TAO lost 25%. Here's what the two-front governance reset really means for decentralized AI.
Firedancer at 1M TPS: Solana's $100M Bet on Killing Single-Client Risk
Firedancer's full mainnet release in December 2025 marks Solana's largest engineering bet ever — but the real story is whether 1M TPS demos translate into the multi-client resilience institutional capital actually requires.
Bittensor's Conviction Mechanism: Can Curve-Style Token Locks Save TAO From 'Decentralization Theatre'?
Bittensor's April 14 BIT-0011 proposal borrows veCRV-style locked staking to stop founder exits from crashing TAO — but can conviction scores actually decentralize a network still accused of centralized control?
Bittensor's 'Decentralization Theatre' Crisis: When Governance Failure Erases $900M Overnight
Covenant AI's April 10 exit from Bittensor — calling it 'decentralization theatre' and accusing co-founder Jacob Steeves of centralized control — triggered a 27% TAO crash and $900M market cap wipeout. The crisis reveals how wide the gap between decentralized AI as a marketing claim and a technical reality can be.
Bluesky's $100M Series B and the Quiet Rise of the Open Social Web
Bluesky discloses a $100M Series B led by Bain Capital Crypto, reaches 43M users, transitions leadership, and launches the AI-powered Attie app — signaling an inflection point for the open social web.
Ethereum's Glamsterdam Hard Fork Explained: How Parallel Execution and ePBS Target 10,000 TPS
Ethereum's Glamsterdam hard fork targets H1 2026 with parallel execution via Block-Level Access Lists (EIP-7928), enshrined proposer-builder separation (EIP-7732), and gas repricing that could push L1 throughput to 10,000 TPS while cutting fees by 79%. We break down the architecture, the competition, and the risks.