The DePIN Explorer - DePIN Scan

2024 has proven to be a pivotal year for Solana, marked by a significant increase in developer activity and innovative advancements in decentralized physical infrastructure networks (DePIN). The Solana ecosystem is ambitiously positioning itself as a "decentralized Nasdaq," aiming to distinguish itself from competitors such as Ethereum and Layer 2 solutions like Base. In a recent episode of Unchained, Lily Liu, president of the Solana Foundation, and Mert Mumtaz, CEO of Helius, discussed the unique strategies Solana is employing to carve out its niche in the competitive blockchain landscape. During the episode, the guests debated the potential of Base as a competitor to Solana, with Liu expressing confidence that Base does not pose a significant threat. They also addressed concerns surrounding the upcoming 2025 token unlocks, revealing that they are not particularly worried about the implications of these events. Furthermore, the conversation touched on Solana's innovative approach to miner extractable value (MEV) and how it could influence the network's future. The guests highlighted the reasons behind the influx of developers into the Solana ecosystem in 2024, emphasizing the platform's commitment to fostering unique innovations rather than merely replicating existing models from Ethereum. The discussion also explored the potential of the Solana mobile phone to compete with established tech giants and the broader challenges facing the ecosystem. Mert Mumtaz shared insights on what network extensions mean for Solana, while both he and Liu underscored the importance of DePIN in showcasing the true value of blockchain technology. Their insights reflect a strong belief in Solana's vision and its capacity to endure amidst the evolving crypto landscape, positioning it as a formidable player in the years to come.

2024 has been a transformative year for WeatherXM, marked by significant achievements that have solidified its position in the weather data industry. The company successfully closed a $7.7 million Series A funding round led by Lightspeed Faction, with participation from notable investors such as Protocol Labs and Borderless Capital. This funding has accelerated the development of new products, including WeatherXM Pro, and expanded the network infrastructure to better serve its growing community. The launch of the $WXM token on the Arbitrum Mainnet on May 30 was another milestone, creating a sustainable incentive structure for weather station owners and increasing accessibility through listings on major exchanges. In addition to the token launch, WeatherXM hosted two Weather Data License auctions, utilizing $WXM as the currency to commercialize its data. The acquisition of licenses by the WeatherXM Association and WeatherXM AG is essential for powering upcoming services like forecast accuracy tracking. The introduction of new weather stations, D1 and H2, has further enhanced the network, providing improved connectivity and reliability. With over 7,500 deployed weather stations, WeatherXM is expanding its global reach and improving weather forecasting, particularly in underserved regions through partnerships like the one with SwissBorg. The official launch of WeatherXM Pro on November 18 has opened up access to hyperlocal weather data for developers and businesses, with 538 sign-ups reported. This platform leverages a robust Quality of Data algorithm to ensure accurate insights, benefiting industries such as agriculture and renewable energy. As WeatherXM continues to showcase its technology at major events and build partnerships within the web3 community, the company is poised for an exciting 2025. With plans for further developments and a roadmap release in January, WeatherXM aims to become the largest decentralized weather network, driven by community support and innovation.

The Lit Protocol has launched its new Event Listener server and SDK package, which is designed to enhance event-driven transaction execution. This innovative tool enables developers to utilize both on-chain and off-chain data to manage decentralized keys effectively. The Event Listener, implemented as a TypeScript library, allows for the creation of complex workflows, including the ability to listen to custom blockchain events, automate transaction triggers, and simplify the creation of Programmable Key Pairs (PKPs) and Capacity Credits. This functionality opens up a myriad of possibilities for developers looking to create responsive and automated systems within the blockchain ecosystem. At the core of the Event Listener is a flexible state machine that empowers developers to define states and transitions based on monitored events. Key features include various listeners such as the EVMBlockListener for new blocks on EVM-compatible networks, the EVMContractEventListener for monitoring smart contract events, and the TimerListener for triggering events based on time intervals. The system is designed to be extensible, allowing developers to create custom listeners and tailor workflows to their specific needs. This flexibility is crucial for automating complex processes that can span multiple blockchain networks. One of the standout capabilities of the Lit Event Listener is its support for chain signatures, which facilitate cross-chain interoperability. By using the Event Listener, developers can monitor events on one blockchain and trigger transactions on another, effectively bridging isolated ecosystems. For instance, a transaction request on one chain can be monitored and, upon receipt, used to construct and broadcast a transaction on a different chain using a Lit PKP for signature generation. This functionality not only enhances the automation of workflows but also significantly broadens the scope of what can be achieved in the decentralized landscape, making it a powerful tool for Web3 development.