Automata Report by Jesse

As Bitcoin continues to fall below $30k, this week it’s taken almost everything along with it. The previous week's reigning altcoin champion Axie Infinity has begun its pullback and erases the prior week's gains. With nothing coming even close to a 10% increase this week, DASH has run ahead with 5% gains as daily trading volume is far surpassing the project's entire Market Capitalization this week. Showing that the big money will always find a way to turn a profit. In the meantime, It’s no fun for anyone when stablecoins make up the majority of the weekly top ten leaderboards. I hope everyone has set their stops accordingly as we move into times of uncertainty like this. Getting into our weekly review, we’ll be looking at one of Binance Launchpad's latest projects Automata Network.

Introduction

Automata Network is a decentralized service protocol that provides a privacy middleware layer for dApps across multiple blockchains. The protocol enables several use-cases such as Anonymous Voting and Miner Extractable Value (MEV) Minimization by leveraging the latest cryptography and privacy-protecting algorithms, along with Trusted Execution Environments (TEE). Automata will provide an elastic control plane operated by a group of staking nodes, which safeguards the entire protocol and governs the interactions between various participants in the protocol. Automata Network is developing an MEV (Miner Extractable Value) minimization solution called “Conveyor”, which aims to create a front-running-free zone as it arranges transactions in a determined order. This makes it impossible for malicious actors to inject new transactions into the Conveyor output due to signature mismatch, or to delete ordered transactions, as transactions are broadcasted throughout the network. Offering platform-agnostic, anonymous voting for