本期Fully Diluted播客讨论了2025年DePIN的状态

VeChain在Q4推进网络演进，激活了Hayabusa升级

Chromia在Q4通过扩展跨链互操作性，增强了其作为数据密集型和AI原生应用基础设施的角色

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THORChain Q4报告显示，其新原生交换界面已实现534万美元交易量

Zcash\\\'s governance changes illustrate the impact of institutional structure and execution risk on market positioning in privacy assets.

QuantusNetwork是基于Substrate构建的PoW L1，协议层采用后量子密码学

本集内容概述

Huma Finance在2025年第三季度加速了机构PayFi的采用，扩展至受监管的跨境结算网络

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Messari analysts discuss insights with @tulipking and Justin Baba in the 2026 Theses Podcast episode.

Stacks在2025年第三季度更新，取消了sBTC供应上限并降低了铸造最低限额

Manta Labs is transforming Manta from an infrastructure-focused Layer-2 to an application-driven ecosystem.

Humanity Protocol is a decentralized trust layer using palm biometrics and zero-knowledge proofs for identity verification and privacy-preserving credentials.

State of @u2u_xyz Q3