Welcome to The Protocol, your weekly update on the most significant stories in cryptocurrency tech development. As CoinDesk's deputy editor-in-chief for features, opinion, and standards, I'm Marc Hochstein. This article is part of our weekly newsletter that delves into the tech behind crypto.
To receive it in your inbox every Wednesday, sign up here. You can also tune in to our weekly The Protocol podcast. In this issue, we cover network news, including the rebranding of Worldcoin as World Network and the launch of Y, a blockchain identity platform.
We also explore Aave's potential deployment on the Bitcoin layer-2 network Spiderchain and the introduction of Spaces Protocol, a decentralized naming system built on Bitcoin. Additionally, Morpheus, a blockchain project aiming to decentralize artificial intelligence, has announced its launch. Furthermore, we examine what Mark Zuckerberg's governance model can teach DAOs about governance, highlighting the importance of checks on token holders.
For more information, click here to read the full story.