Colosseum Codex: Collective XP v2, Anza SVM API, Capsule SDK

You're getting this newsletter a day late because of the 4th of July 🎆 holiday in the U.S. yesterday, but despite my pleas last week, the Solana community doesn't take holidays so I'm back with another roundup of all the latest news, tools, and resources for Solana developers.

Enjoy!

💯 Solana Collective XP v2

Solana Collective has launched XP V2, offering more opportunities for Collective members to earn and receive value for their contributions.

Key changes include:

Discretionary XP: A new category to reward Members for contributions beyond content and participation.

Content Bounties: Added bounties for Reddit posts, 1:1 Art, and Opinion pieces, expanding the Creator pool and content Consumer base.

Bounty Ranges: A system ensuring fair rewards for both reputable and emerging Creators.

Boosts: Enhancements to increase earnings and improve content quality and Creator skills.

Revamped Merch Rewards: Updated requirements and a dynamic system for active Member rewards.

Leaderboards: New 7 Day Gainers board alongside the Top 10 Leaderboard, influencing year-end XP Awards.

The goal remains to reward hard-working members who deliver high-quality content. XP is part of a broader system aimed at giving value to members for their efforts within the Solana ecosystem.

Join the Solana Collective

🦀 Anza SVM API

The idea of a Solana Virtual Machine (SVM) is generating some conversations and excitement.

Similar to Ethereum's evolution with the Ethereum Virtual Machine (EVM), SVM projects are now looking at ways to leverage Solana's advanced transaction processing capabilities for various innovative applications.

But what the "SVM" actually is varies among Solana developers.

Some view it as the entire transaction processing pipeline, from validator runtime to program execution, while others consider it the lower-level eBPF virtual machine responsible for executing programs.

Most new SVM projects adopt the broader definition, including the complete transaction processing system.

In order to make the SVM more available to other projects, Anza has released the solana-svm Rust crate, which provides developers with tooling to build SVM projects.

The Anza SVM is a specialized API designed for building applications that leverage the unique transaction processing capabilities of Solana, not for apps that are already being built to run on Solana now.

The SVM's architecture offers a range of opportunities for Solana and beyond Solana validator, such as building off-chain services that simulate Solana's transaction processing, an execution layer for rollups, which execute transactions or blocks without the full validator or consensus protocol, or as an extended SVM with custom functionality.

As the Solana matures and the SVM ecosystem expands, new use cases and innovations will emerge. The rise of SVM projects will usher in a new era of Solana tooling to harness the full potential of SVM, growing the entire Solana ecosystem.

Anza's New SVM API

🔥 The Rise & Fall & Rise of Solana

Solana's journey is a wild tale of innovation, catastrophic setbacks, endurance, and rebirth. This video by The Defiant is the story of Solana’s comeback, and what allowed Solana to survive and claim its place as a leading L1 Blockchain.

The Rise & Fall & Rise of Solana

💎 Developer News

Capsule SDK
Capsule's new SDKs enables the creation of embedded wallets on Solana, powered by Distributed MPC and passkeys, eliminating the need for seed phrases and multi-step transaction processes. This upgrade allows developers to onboard users quickly and simplify app UX.

Tensor Blinks Bounty
Tensor has introduced a new bounty program that invites developers to create a Tensor Blink Action for individual NFTs, enabling direct purchases from X. 1000 $TNSR will be awarded on approval on a FCFS basis.

Sig Engineering: Solana’s AccountsDB
This post offers a high-level overview of AccountsDB, Solana’s custom accounts database, its core concepts, and the specifics of the Sig implementation. It dives into how AccountsDB operates within Solana’s stack and its implementation and technical details.

⚙️ Tools & Resources

light-protocol powers the The ZK Compression Protocol on Solana. Developers and can opt to compress their on-chain state, reducing state costs while preserving the security, performance, and composability of the Solana L1.

donate-action is an example Solana Action API for receiving donations in USDC, SPL or SOL.

quack.fun is a validator tool for developers building out Blinks & Actions and want to debug them in a better, visual way.

pyth-sdk-solana is a Rust crate that provides utilities for reading price feeds from the Pyth oracle on the Solana network with several off-chain example programs.

⚡ Quick Hits

How to Build Solana Actions Using the @solana/actions SDK - YouTube

Spotlight: State Compression with Noah Gunotra - YouTube

Why Fuse is built on Squads Protocol - Fuse

A Mildly Technical Intro to ZK Compression - @adlonymous

Solana Changelog Jul 3 - Removing deprecated RPC methods in v2.0 and Solana Actions and blinks - YouTube

Neon EVM's Mainnet Update - @Neon_EVM

DePin Thesis: Decentralized Physical Infrastructure for Retail Payments - Zebec Network

50+ ideas that you can build with Blinks right now - @thesendcoin

How Will Pyth V2 Pull Oracle Benefit Solana DeFi? - Titilola Shittu

Expanding Worldcoin’s World ID to Solana With Wormhole - @wormhole

List of current SIMDs (Solana Improvement Documents) - @rexstjohn

Vault Music has been acquired by DRiP - @vaultmusichq

🎧 Listen to This

Solfate

In this conversation, Dan from Heavy Duty Builders discusses their mission to foster a community for builders to connect, learn, and collaborate, focusing on organizing online events and workshops for Spanish-speaking participants.

He shares his experience with bootcamps, emphasizing the challenges and rewards of providing feedback on participants' projects. Dan highlights the importance of education and community in the Solana ecosystem and the support from the Solana Foundation for developer education.

Transitioning from full-time development to educational and strategic roles, Dan now hires developers for client work and referrals, while stressing the importance of work-life balance and the potential of blockchain technology to enhance trust in government operations.

Blockchain Developer Education (feat. Dan, co-founder Heavy Duty Builders)

Bonus Episodes

The Next Era Of Solana Scaling | Swen Schäferjohann - Lightspeed

Swen Schäferjohann of Light Protocol discusses on Solana's ZK compression with a deep dive into Light protocols origin story, how ZK compression works, L1 composability & account construct, and the future of Solana's scalability.

HUGE Solana Updates: ETF & Blinks! $SOL Analysis and Predictions w/ Kyle Reidheaid - Milk Road

This episode features two major developments creating buzz in the Solana community. First, the announcement of a Solana ETF application that could attract substantial institutional investment. Second, the launch of Solana Blinks to integrate Solana across the internet.

How $Ore Could Herald A New Wave Of POW Mining | Hardhat Chad (Ore Supply) - Unlayered

This week, Sal and Dave catch up with Hardhat Chat to discuss one of the most talked about and exciting launches in recent crypto history - Ore Supply. Ore's unique insight is in decoupling consensus from the POW token's distribution to miners (leaving it instead up to Solana's consensus engine) allowing for a completely new design space for a new-age Bitcoin.

Follow @mikehale on X or Warpcast!

Thanks for reading ✌️

I hope you found something useful here! If you have any suggestions or feedback just let me know what you think.