EddieJayonCrypto

 16 Jul 24

tl;dr

Polygon Labs, the developer behind layer-2 blockchain Polygon, has released "Plonky3," an updated zero-knowledge proving system designed for flexibility and cryptographic security. This system creates proofs summarizing off-chain transactions for base blockchains like Ethereum. Plonky3 is now open-s...

Polygon Labs has released "Plonky3," an updated zero-knowledge proving system designed for flexibility and cryptographic security. This system creates proofs summarizing off-chain transactions for base blockchains like Ethereum. Plonky3 is now open-source under MIT and Apache licenses, empowering ZK developers to build their own virtual machines based on ZK cryptography.

Polygon has fully embraced zero-knowledge technology, acquiring prominent ZK cryptography teams and launching a zero-knowledge rollup in 2023. The company aims to unify its prover libraries under one code base and framework, ensuring efficiency and practical performance.

Polygon Plonky3 is a significant advancement from its predecessor, addressing performance issues and offering enhanced flexibility for developers. The release of Plonky3 follows Polygon's acquisition of ZK cryptography teams and the launch of a zero-knowledge rollup, marking its commitment to this cutting-edge technology.

This strategic move solidifies Polygon's position at the forefront of zero-knowledge technology and underscores its dedication to enhancing cryptographic security in distributed networks.

As Polygon continues to consolidate its zero-knowledge expertise through acquisitions and technological advancements, the industry's anticipation for its future developments intensifies, cementing its role as a leading innovator in blockchain technology.

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Banco De Chile Stock Analysis

Banco De Chile Stock Analysis Summary

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Key Details

Sector: Finance

Industry: Commercial Banks

Stock Ticker: NEC

Market Cap: 12,206,409,000

Current Stock Price: $7.88

Previous Close: $8.08

EPS: $3.06

Volume: 5,711.6

Dividend Yield: 0.487%

Market Cap (in USD): $2,884,828,922,000

P/E Ratio: 24.32

Day Change: $0.12

Day Change (%): 1.18%

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Industry: LIFE SCIENCES

Sector: IN VITRO & IN VIVO DIAGNOSTIC SUBSTANCES

Employees: 3315251000

Price: $27.33

Dividend: None

P/E Ratio: 0.42

EPS: 1.448

Beta: 0.501

Market Cap: 286738000

52-Week High: $17.91

52-Week Low: $6.36

Volatility: 0.083

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Bitfarms Ltd - Technical Analysis Summary

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Key Financial Figures:

Market Cap: $1,144,436,000

Dividend Yield: Not Applicable

P/E Ratio: -0.4

EPS: 0.577

ROE: -0.638

Volume: 166,633,000

Current Price: $3.94

52-Week High: $0

52-Week Low: $0.674

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Industry: REAL ESTATE & CONSTRUCTION

Sector: BLANK CHECKS

Market Cap: 4,338,645,000

Stock Price: 146.46

Dividend Yield: None

P/E Ratio: 0.13

EPS: 1.74

ROE: 0.224

Volume: 283,628,000

Beta: 26.6

Short Ratio: 0

Inst. Ownership: 1.628

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Sector: Technology

Industry: Services-Computer Processing & Data Preparation

Market Cap: 54455000

Dividend Yield: None

EPS: -0.59

P/E Ratio: 9.24

ROI: -0.445

Volume: 85222000

Stock Price: 6.83

Bullish/Bearish: 0

Support Level: 0.594

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Sector: Real Estate & Construction

Industry: Blank Checks

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Stock Price: $119.6

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EPS: 0.579

ROE: 0.122

Volume: 153,084,000

50-Day Moving Average: $6.58

200-Day Moving Average: $0

RSI: 1.199

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Core Scientific Inc. Common Stock Summary

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Sector: TECHNOLOGY

Industry: SERVICES-COMPUTER PROCESSING & DATA PREPARATION

Market Cap: 542,047,000

Dividend Yield: None

Beta (3Y Monthly): None

PE Ratio (TTM): None

EPS (TTM): 1.323

Profit Margin: -0.491

Volume: 502,400,000

Stock Price: 6.75

52 Week Range: 0.171

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Sector: Finance Services

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EPS: -0.78

PE Ratio: 2.499

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50-Day Moving Average: 18.82

200-Day Moving Average: 5.56

Relative Strength Index (RSI): 2.307

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