Anastasia Labs

We're #hiring a new Blockchain Specialist in United States. Apply today or share this post with your network.

We're #hiring a new Software Engineer in Austria. Apply today or share this post with your network.

We are incredibly grateful for this recognition by the community! We also had one of the nicest experiences at the Cardano Summit hosted by Cardano Foundation! Thank you!

Intersect is proud to offer a warm welcome to our latest Enterprise members: Anastasia Labs, Bloxico, Byron Network Oü, Catalyst Africa Townhall, Iagon, Inversion, MIGSO-PCUBED, Women In Move Solutions, zkFold SA. We look forward to collaborating with you all! If you're eager to explore and learn more about our membership benefits, we invite you to check out - https://bit.ly/InterMB and join us here: https://lnkd.in/eFVsvd4s. #cardano #cardanocommunity

Our #Atala team open sourced #Identus as an Hyperledger Foundation project! #Identus provides: - Complete DID operations - Verifiable credentials (issuance, updating, and revocation, Hyperledger AnonCreds & JWT support) - Cloud Agent - Edge Agent SDKs that simplifies creating wallet applications for various platforms and programming languages: TypeScript, Android/JVM and Swift. - DIDComm v2 Mediators

Its Live! The next iteration of our Cardano Project Spotlight has been posted. We had the pleasure of meeting with Philip DiSarro and learning more about Anastasia Labs! Check it out! https://lnkd.in/gsWNcnSR

If you are not aware of Anastasia Labs or Philip DiSarro, Check out the latest Cardano Project Spotlight on the Open Source Office YouTube!

Recently, a malicious actor attempted to perform a denial-of-service attack on the Cardano blockchain. Our CEO, Philip DiSarro identified a vulnerability in the malicious transactions which he was able to use to turn the tables on the attacker. Taking advantage of this vulnerability, we were able to immediately terminate the denial-of-service attack and extract funds from the attacker in the process! The situation was covered by CoinDesk and many other outlets: https://lnkd.in/gYeEZeSs Here is the ironic tweet: https://lnkd.in/gf5eWY8F

Midgard is an innovative Layer 2 (L2) scaling solution designed to enhance the Cardano blockchain's capacity by employing optimistic rollup technology. As Cardano continues to grow in usage and demand, scalable solutions like Midgard are critical for maintaining high performance and low transaction costs. Optimistic rollups, like Midgard, allow transactions to be processed off-chain while maintaining the security and finality of on-chain operations. The core principle behind optimistic rollups is to assume transactions are valid by default and only check them if a fraud proof is submitted. This approach significantly reduces the computational load on L1 and improves throughput without compromising security. The Midgard protocol introduces several key components and innovations, including: 1. An on-chain linked list of publishers who manage the L2 state and submit state transitions to the L1; this novel management system allows for trustless participation in the network (anyone can become a publisher) and facilitates trustless fraud proof submissions (fraud proof submission is not limited to just publishers). 2. A State Validator smart contract that maintains the current state, incoming transactions, and next state of the L2 in a compact form via an onchain linked-list of Sparse Merkle trees. This mechanism enables L2 state reversions (in the case of a successful fraud proof submission) to occur in a single transaction that automatically invalidates all incoming transaction batches that stem from the fraudulent batch. 3. A robust challenge-response mechanism for fraud proofs, ensuring that any invalid state transitions can be contested and corrected efficiently. 4. A groundbreaking fraud proof system that operates on the local state of the extended UTxO (EUTxO) model. This system leverages the unique capabilities of the EUTxO model, which are not replicable in Ethereum or other account-based blockchain ecosystems. This innovation enables Midgard to provide cheaper and faster fraud proof submission and verification, tailored specifically to the transaction and state structure of Cardano.

Anastasia Labs - Cardano scaling with zero-knowledge proofs Checkout our interview with Paul on the topic of Cardano scaling mechanisms and why we are so excited about the new features that Conway brings to Cardano. https://lnkd.in/dvvy44Bj