Welcome to The Protocol, CoinDesk’s weekly wrap-up of the most important stories in cryptocurrency tech development. I’m Marc Hochstein, CoinDesk’s deputy editor-in-chief for features, opinion and standards.

In this issue:

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  • What does Google’s quantum computing chip mean for Bitcoin?
  • Dev’s defection highlights Ethereum’s growing Solana problem
  • OrdinalsBot inscribes largest-ever file on Bitcoin blockchain
  • Polygon touts speed of Plonky3 proving system
  • Crypto’s most influential techies of 2024

Network News

NEED FOR SPEED: Polygon Labs claims its newest proving system, Plonky3, is the fastest on the market. (Vitalik Buterin, Ethereum’s creator, apparently agrees.) A proving system is at the core of zero-knowledge rollups, and a crucial component for transactions that rely on cryptographic security. It is the main piece

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Author: Marc Hochstein

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