This Issue's Cover: Photo by Debby Hudson on Unsplash
[The rest of the translation follows the same approach, maintaining the structure and translating the text while preserving any HTML tags]This report focuses on the Humanity Protocol, a Layer2 network valued at $1.1 billion that uses palm print recognition to enter the decentralized identity (DID) track, and conducts four feasibility verifications:
① Can palm print recognition truly achieve "unique + decentralized" identity verification
② Can ZK + distributed storage mechanism sufficiently protect user privacy boundaries
③ Can VC credentials + PoH verification system have ecological extensibility
④ Can DID truly be applied in real-world scenarios (social, voting, RWA)
We have also included an analysis of palm vein technology mechanism, a comparative analysis of Worldcoin and Rarimo, a complete identity verification process flowchart, and key structural diagram.
In the past, many people's impression of ETH's TPS (transactions per second) was still "15 transactions per second". However, with continuous protocol optimization, Ethereum's current TPS peak has been raised to around 60, an increase of 4 times. Recently, ETH is about to raise the Gas Limit to 60 million again. This article will explore this for you, quick read.
On June 12, U.S. payment processor Stripe announced the acquisition of crypto wallet infrastructure company Privy, which will be incorporated into Stripe but will continue to operate as an independent product. Privy's embedded wallet allows developers to build simpler onboarding experiences, such as creating crypto wallets without users needing to memorize or record seed phrases, this article will explain in detail.
On May 6, 2025, the U.S. Treasury Department announced a mandatory investigation into foreign residents holding U.S. securities (including some money market instruments), with the survey reference date set as June 30, 2025. The most direct impact on reporting obligors is increased compliance costs, this article will explore in depth, quick read.
When Musk's relationship with Trump dramatically broke down, other tech giants had been quietly laying out their influence in Washington for years. Among these giants, few have had an influence as profound as Mark Andreessen. This California-based venture capitalist, who has long donated to the Democratic Party, has now changed his political stance and become a close ally of Trump, this article will discuss.
Traditional finance is gradually accepting stablecoins, and their market size continues to expand. Stablecoins have become the optimal solution for building global financial technology due to their three core advantages: high speed, near-zero cost, and high programmability. The transformation between old and new technological paradigms means that business operating logic will undergo a fundamental reconstruction; this process will also generate new risks, this article will discuss.
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