Protocol Village: Conduit Launches New G2 Sequencer, Claiming 10x Improvement Over Existing Versions

On-chain
computing
company

Conduit
has

launched
the
new
G2
Sequencer,
describing
it
as
a
“10x
more
powerful
sequencer
than
existing
versions
for
rollup
frameworks,
providing
100x
the
computing
of
Ethereum
and
enabling
blockchain
apps
to
run
faster
with
no
additional
costs,”
according
to
the
team:
“Sophisticated
apps
like
Web3
games,
DeFi
protocols
and
social
apps
struggle
to
operate
on-chain
due
to
computational
limitations.
G2
enables
the
development
of
complex
applications,
with
existing
frameworks.
It
sustains
ultra-high
throughput
when
user
activity
spikes,
ensuring
on-chain
apps
maintain
performance
and
stay
affordable.”
According
to
a
blog
post,
the
new
sequencer
is
capable
of
50-100
Mgas/s.

Dynex,
a
layer-1
blockchain
for
decentralized
quantum
computing,
powered
by
a
decentralized
GPU
network,
has
unveiled
what
it
describes
as
an
“ambitious
10-year
roadmap
to
transition
from
GPU-based
quantum
emulation
to
silicon
quantum
chips,
aiming
to
capture
25%
of
the
quantum
computing
market
by
2034.”
According
to
the
team,
“The
company
has
launched
a
$50
million
venture
capital
round
to
attract
top-tier
investors.
Dynex
plans
to
release
its
first
Apollo
Silicon
Quantum
Chip
by
2025,
scaling
up
to
1
million
qubits
by
2034
to
enable
real-time
quantum
computations.
Upholding
ethical
standards,
Dynex
ensures
transparency
and
security
by
recording
computations
immutably
on
the
blockchain,
with
DNX
as
its
utility
token.”
The
project
documentation
states:
“The
company’s
decentralized
quantum
platform,
combined
with
its
silicon-based
hardware
solutions,
represents
a
future-proof
approach
to
quantum
computing.”
The
project
focuses
on
“neuromorphic
quantum
computing,”
which
“utilizes
ion
drifting
of
electrons,”
according
to
the

website.

Hermetica,
creator
of
the
bitcoin-backed
yield-bearing
stablecoin
USDh,
has

secured
$1.7
million
in
a
seed
funding
round
led
by
UTXO
Management,
with
additional
support
from
investors
including
CMS
holdings,
Ethos
fund,
according
to
the
team.
As
reported
in

Protocol
Village
on
Sept.
26,
the
project
launched
USDh
on
the
Stacks
layer-2
network,
claiming
to
be
first
to
market
with
the
bitcoin-backed
stablecoin.

Academics
Paolo
Tasca
and
Nikhil
Vadgama
have
founded


Exponential
Science,
a
non-profit
foundation
supported
by
Hedera
that
aims
to
accelerate
the
convergence
of
blockchain
with
AI
and
other
emerging
technologies,
according
to
the
team:
“Through
collaboration,
Exponential
Science
seeks
to
tackle
complex
societal
challenges
and
drive
groundbreaking
innovations.
Leveraging
the
expertise
of
its
founders
and
a
team
of
international
experts,
the
foundation
will
conduct
research
and
develop
innovative
solutions,
including
the
new
MiCA
Crypto
Alliance.”