#Over 100 Companies Hold Over 830,000 BTC#
According to reports as of June 19, more than 100 companies collectively hold over 830,000 BTC, worth about $86.476 billion.
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Phala Network launched Op-Succinct L2 on ETH network, introducing TEE-based AI into Blockchain
PANews, Jan. 13th - According to Cointelegraph, Phala Network announced the launch of its first Op-Succinct Layer 2 rollup technology on the Ethereum blockchain, which combines the Optimistic Rollup framework with Zero-Knowledge Proofs (ZKPs). Phala's rollup technology is built on the Op-Succinct framework developed in collaboration with Succinct Labs and Conduit. This rollup technology is the first successful integration of the OP Stack and ZKPs on the Ethereum Mainnet. By utilizing Succinct's SP1 zkVM, the rollup technology achieves first-class zkEVM compatibility, ensuring full equivalence with the Ethereum Virtual Machine (EVM) while significantly reducing transaction finalization time from seven days to a few hours. With Conduit's Rollups-as-a-Service platform, Phala is able to rapidly deploy rollup technology, avoiding the need for expensive custom infrastructure development. Phala stated that the integration with Ether has introduced its TEE cloud computing services, transforming Ether into a center for verifiable AI applications (such as ElizaOS and Spore.fun). Developers of Ether can now build autonomous AI agents, verifiable computing platforms, and decentralized AI infrastructure, while benefiting from the security and scalability brought by Phala's Op-Succinct rollup technology.