Welcome to the Protocol, Coindesk’s weekly wrapping of the most important stories in cryptocurrency tech development. We are Margaux Nijkerk and Sam Kessler, journalists at Coindesk’s tech team.

In this number:

• Can Ethereum be really private? Developers press on for encrypted MEMPOOL, standard privacy
• Nvidia moves AI Supercomputer Production to us, opening new ways for crypto -mine workers
• MIT-Inbuble Optimal Raises $ 11M Seed Round to build Web3’s missing memory layer
• Noble’s new ‘device’ lets developers build stablecoin tools on Celestia

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Network news

Privacy warms up among Ethereum Devs: When the US government sanctioned the Ethereum-based Crypto Mixing Service Tornado Cash in 2022, it ignited a debate within the crypto community that continues three years later. Attorneys claimed that compliance with the sanctions constituted censorship – undermined a basic cypherpunk principle. President Donald Trump supported cypherpunks and lifted the sanctions against Tornado Cash in March this year, but for some Ethereum developers highlighted the situation an error within the network that still exists today: Why do users have to depend on third-party apps to shop privately on the network? Maybe again, ideas have begun to make ideas to make the Ethereum network at its core at its core at its core at its core at its core. “Privacy must not be an optional feature that users deliberately need to activate-it must be the standard state of the network,” said PCAVERCIO, whose post outlined his vision for a privacy-oriented Ethereum schedule. “Ethereum’s architecture must be designed to ensure that users are by default, not with exception.” In response to PCAVERSACIO’s post, Ethereum-Medfifer Vitalik Barterin left a comment on the network’s most important developer forum with its own much shorter privacy-oriented Ethereum trekkop. Butterin suggested focusing on the privacy of payments on the chain, anonymizing activity on chain in applications, making communication on the network’s anonymous and privatizing on-chain readings. To achieve all this, butterin listed different steps such as integrating certain third -party privacy functions into the nucleus. – Margaux Nijkerk and Sam Kessler Read more.

NVIDIA AI Supercomputer Production Plans could benefit crypto -mine workers: Nvidia plans to produce its next generation of AI chips and supercomputers completely in the US for the first time, the company said in a statement. The move reflects the rising demand for AI-Infrastructure and a wider push to locate advanced tech making, which can also benefit crypto-mining workers that reuse their facilities for AI and High-Performance Computing (HPC). Many of these operators already have access to the large power and cooling systems needed for data center operations, making them potential players in the growing AI economy. Crypto mine workers who were once unambiguously focused on hashing stream are increasingly looking for ways of fit in the AI ​​and HPC supply chain. Their existing access to power-tight infrastructure and logistical experience of running industrial scale operations gives them a foothold as a demand for AI calculation increases. However, the latest tariffs from US President Donald Trump cause anxiety among miners, as political changes are expected to raise costs on ASIC miners, electrical components, network hardware and more. And Helene Braun Read more.

The memory layer optimally raises $ 11 million. In seeds: Optimal, a decentralized, performance-enhancing memory layer for any blockchain, raised a $ 11 million lap that invited its creators from institutions such as Harvard and mine to jump from the academic world into the commercial crypto arena. The seed round was led by 1 KX with participation from robotic companies, finality Capital, Spartan, CMT Digital, Snz, Triton Capital, Big Brain, CMS, Longhash, NGC, Animoca, GSR, Caladan, Reforge and others. Optimum is to build what it calls the lack of memory layer of blockchains, making the way data is stored, accessing and propagating, faster, cheaper and truly decentralized, according to a press release. The core of Optimal’s Innovation is a method of decentralized coding for distributed systems, known as random linear network coding (RLNC), developed by Muriel Médard, a MIT professor. – Ian Allison Read more.

Nobles New ‘Applayer’ lets developers build stableecoin apps on top of Celestia: Noble, a blockchain for issuing assets in the real world (RWA) and stablecoins, announced on Wednesday that it will expand its platform by introducing “Applayer”, an Ethereum-compatible Rollup that allows developers to create their own RWA applications and infrastructure. Nobles application aims to allow developers to build new financial tools optimized for assets in the real world as stablecoins-digital assets whose value is linked to another asset, like the US dollar. Applayer will take advantage of Celestia, a data availability blockchain aimed at reducing storage costs for data-intensive blockchain networks. Celestia is like noble connected to the Cosmos blockchain ecosystem and is compatible with Ethereum Virtual Machine (EVM), which means it can read smart contracts from other Ethereum-based chains. – Margaux Nijkerk Read more.

In other news

• Mantras about -token fell from over $ 6 to under $ 0.45 in a few hours on Tuesday without any obvious catalyst. CEO John Mullin said in an X -post Wednesday that he would burn his team’s symbols to win back the trust of the mantra community. Mullin said the fall in prices was due to exchanges that closed around -positions, but members of the Crypto Community blamed the mantra team. OKX -Basic Start XU referred to the incident as “a great scandal.” – Jamie Crawley Read more.
• The goal of perhaps replicating Strategy’s Bitcoin (BTC) PlayBook, except with Solana (SOL), has Fintech Commercial Real Estate Platform Janover (JNVR) built a solar stack worth approx. 21 million dollars and seen its share price rise nearly 20 times in less than a month. Earlier this week, the company bought another 80,567 sun -tokens worth about $ 10.5 million, which brought its total holdings to 163,651. – Krisztian Sandor Read more.
• DWF Labs invest $ 25 million in the World Liberty Financial (WLFI), the decentralized funding protocol supported by US President Donald Trump and his family. Crypto Market Maker is also entering the US market with a new office in New York City as part of its wider expansion plans, according to a press release. – Francisco Rodrigues Read more.

Legislative and politics

• Securities and Exchange Commission (SEC) is not yet ready to make a decision on two critical features that issuers of Spot Crypto Exchange-Traded Funds (ETFS) hope to add their products. The regulator delayed a decision as to whether it will allow redemption in the wild for Wisdomtree’s Bitcoin Fund (BTCW) and Vaneck’s Bitcoin Fund (BitB) and Ethereum Fund (ETHW). It also moved its deadline for a decision with regard to a proposal from Grayscale to allow the Staking Ithereum Trust (Ethe) and the Mini Ethereum Trust (ETH), which Asset Manager’s Exchange, Nyse Arca had requested in February. – Helene Braun Read more.
• Seychelles-based cryptocurrency exchange OKX is expanding to the United States and creating a new regional headquarters in San Jose, California. The exchange will roll access to its platform and its original OKX-Watching Book for US-Based Crypto Dealers.- Cheyenne Ligon Read more.
• Search the Giant Google only allows cryptocurrency exchanges and software wallets to advertise in the European Union if they have a license under EU markets in Crypto-assets (MICA) regulation, which starts April 23, the company announced. Google said advertisers should now receive a certification from the company and demonstrate that they are registered as a crypto-active service provider (CASP) under MICA. The company also requires advertisers to comply with any additional country -specific legal obligations .-Francisco Rodrigues Read more.

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