A&T Capital released the "Web3 Trend Report 2023", making the following six predictions for this year's innovation track and applications:

secondary title

1. Market and innovation: Web3 is creating a new paradigm

• The management scale of web3.0 primary market funds reaches 50 billion US dollars; the NFT market scale exceeds 20 billion, and the number of NFT holders exceeds 3 million.

• secondary title

  
  

2. Zero-knowledge proof: The zero-knowledge second-layer solution is a better long-term option for Ethereum expansion

• ZK L2: StarkNet, Scroll, zKSync and other mainstream ZK L2 will most likely be launched on the mainnet within 2023, further accelerating the expansion of Ethereum; and it will be a market where multiple solutions coexist for a long time, and the industry will also benefit from this diversification.

• More than expansion: The value of ZKP technology to different parts of the blockchain industry is being explored more and more.

1. The design of ZKP + Light Client is expected to subvert the existing interoperability track between chains;

2. Virtual machines such as ZKWASM and Rust version ZKVM will allow web2 developers to enter web3.0 without changing their inherent development habits as much as possible;

3. secondary title

3. Public chain keywords: parallel computing, modular design, application chain

• Parallel computing: As a technology that has been widely adopted in the field of traditional high-performance computing, parallel computing has recently been brought into the public view of the blockchain industry by projects such as Sui/Aptos/Fuel Network, and will become a major area in more scenarios. The computing power of the block chain network is pushed to a higher limit;

• Modular design: With the popularity of the combination of Ethereum + L2 and Celestia's unremitting evangelism, modularization has gradually become the mainstream design concept of the blockchain: on the one hand, it can satisfy different needs through the ease and sufficiency of different modules; on the other hand, it aims at a single module Shorten the development cycle and improve the quality of development;

• secondary title

4. Wallets: Account abstraction (AA) wallets and externally owned accounts (EOA) wallets will achieve lower usage thresholds and better interactive experiences through different trade-offs

• As the traffic entrance of web3.0, the wallet is currently widely used. The mnemonic wallet has problems such as high security threshold and cumbersome interaction process, which lead to poor user experience.

• secondary title

5. MEV: A trustless, censorship-resistant, permissionless MEV extraction market will replace existing solutions

• MEV-Boost is the current Ethereum MEV extraction solution. Even though validators benefit from accessing MEV-Boost, it is still a trusted and vetted structure.

• secondary title

6. Exchanges: Separation of custody, trading, settlement and other functions is the general trend

• The FTX incident has deeply hurt the market, and centralized exchanges that integrate custody, trading, and settlement have a high moral hazard.

• It is only a small step for the exchange to announce the reserve certificate. To fundamentally solve this pain point, either embrace supervision and store customer assets in a trusted and compliant custodian, or choose decentralization and lock assets on the chain in the smart contract.

  
  

In 2022, the encryption industry has experienced major events such as the collapse of FTX, the collapse of Luna, and the upgrade and merger of Ethereum. The market is adjusting, but the power of innovation has never stopped pouring in.

We expect web3.0 to reach the public with a more innovative, safe, efficient and convenient attitude.