Conduit Launches New G2 Sequencer, Claiming Capability of 50-100 Mgas/s On-chain computing company Conduit has launched the new G2 Sequencer, describing it as a “10x more powerful sequencer than existing versions for rollup frameworks, providing 100x the computing of Ethereum and enabling blockchain apps to run faster with no additional costs,” according to the team: “Sophisticated apps like Web3 games, DeFi protocols and social apps struggle to operate on-chain due to computational limitations. G2 enables the development of complex applications, with existing frameworks. It sustains ultra-high throughput when user activity spikes, ensuring on-chain apps maintain performance and stay affordable.” According to a blog post, the new sequencer is capable of 50-100 Mgas/s.UnmuteUptober Forming Amid Rising Stablecoin Liquidity and Bitcoin Transactions00:56Len Sassaman-Themed Memecoins Surge Ahead of HBO Bitcoin Creator Documentary01:01Bitcoin Breaks $64K While Gold Soars00:56ETH/BTC Ratio Slid to Lowest Since April 202100:57Is Bitcoin Losing Its Bullish Momentum?Conduit claims the new G2 sequencer is capable of sustaining ultra-high throughput without degrading rapidly (Conduit)Dynex, Blockchain for Quantum Computing, Unveils Roadmap, Plans 2025 Release of Apollo ChipDynex, a layer-1 blockchain for decentralized quantum computing, powered by a decentralized GPU network, has unveiled what it describes as an “ambitious 10-year roadmap to transition from GPU-based quantum emulation to silicon quantum chips, aiming to capture 25% of the quantum computing market by 2034.” According to the team, “The company has launched a $50 million venture capital round to attract top-tier investors. Dynex plans to release its first Apollo Silicon Quantum Chip by 2025, scaling up to 1 million qubits by 2034 to enable real-time quantum computations. Upholding ethical standards, Dynex ensures transparency and security by recording computations immutably on the blockchain, with DNX as its utility token.” The project documentation states: “The company’s decentralized quantum platform, combined with its silicon-based hardware solutions, represents a future-proof approach to quantum computing.” The project focuses on “neuromorphic quantum computing,” which “utilizes ion drifting of electrons,” according to the website.Dynex says it's set to unveil "Apollo," its first silicon-based quantum chip featuring 1,000 qubits, in 2025 (Dynex)Hermetica, Creator of Bitcoin-Backed Stablecoin on Stacks, Secures $1.7M in Seed RoundHermetica, creator of the bitcoin-backed yield-bearing stablecoin USDh, has secured $1.7 million in a seed funding round led by UTXO Management, with additional support from investors including CMS holdings, Ethos fund, according to the team. As reported in Protocol Village on Sept. 26, the project launched USDh on the Stacks layer-2 network, claiming to be first to market with the bitcoin-backed stablecoin.New Foundation ‘Exponential Science’ to Explore Convergence of Blockchain, AI, Quantum ComputingAcademics Paolo Tasca and Nikhil Vadgama have founded Exponential Science, a non-profit foundation supported by Hedera that aims to accelerate the convergence of blockchain with AI and other emerging technologies, according to the team: “Through collaboration, Exponential Science seeks to tackle complex societal challenges and drive groundbreaking innovations. Leveraging the expertise of its founders and a team of international experts, the foundation will conduct research and develop innovative solutions, including the new MiCA Crypto Alliance.”Exponential Science founders Paolo Tasca (left) and Nikhil Vagdama (Exponential Science)Protocol Village is a regular feature of The Protocol, our weekly newsletter exploring the tech behind crypto, one block at a time. Sign up here to get it in your inbox every Wednesday. Project teams can submit updates here. For previous versions of Protocol Village, please go here.Edited by Bradley Keoun.