Binance Square
LIVE
DaPangDun
@DaPangDun
小小的Crypto研究员
Following
Followers
Liked
Shared
All Content
LIVE
--
See original
Analysis of changes in Binance listingsBinance’s recent coin listing has sparked a lot of discussion, with mixed reviews. Therefore, I investigated the data of its coin listing from 2021 to the present and classified it, and then combined it with market data for correlation analysis, from which we can observe some conclusions. 1. Coin listing preference Let’s first look at a picture like this. The horizontal axis is time (by month), and the vertical axis is a direct display of the track. The stacked part represents that there are multiple projects on this track listed this month. From the above figure we can see: 1️⃣In the last cycle, the focus of listing coins was on "Infra, L1, Game, Defi"; in this round, the number of listing coins in the "Meme" track far exceeded that of others;

Analysis of changes in Binance listings

Binance’s recent coin listing has sparked a lot of discussion, with mixed reviews.

Therefore, I investigated the data of its coin listing from 2021 to the present and classified it, and then combined it with market data for correlation analysis, from which we can observe some conclusions.
1. Coin listing preference

Let’s first look at a picture like this. The horizontal axis is time (by month), and the vertical axis is a direct display of the track. The stacked part represents that there are multiple projects on this track listed this month.
From the above figure we can see:
1️⃣In the last cycle, the focus of listing coins was on "Infra, L1, Game, Defi"; in this round, the number of listing coins in the "Meme" track far exceeded that of others;
See original
Fiber: Long-termism, giving back, and scenario conceptionAfter reading the previous article analyzing Fiber technology, I still had some doubts, so I asked Mr. Jan (https://x.com/busyforking) about these questions, and this article came out. I condensed this exchange into three key words: [long-termism], [giving back], and [scenario conception]. Long-termism 1. Lightning Network is a reflection of long-termism in the payment field We often talk about the Lightning Network, but how many people actually use it in Crypto? In fact, very few! How many people have tried to run a Lightning node? Very few!

Fiber: Long-termism, giving back, and scenario conception

After reading the previous article analyzing Fiber technology, I still had some doubts, so I asked Mr. Jan (https://x.com/busyforking) about these questions, and this article came out.
I condensed this exchange into three key words: [long-termism], [giving back], and [scenario conception].
Long-termism
1. Lightning Network is a reflection of long-termism in the payment field
We often talk about the Lightning Network, but how many people actually use it in Crypto? In fact, very few! How many people have tried to run a Lightning node? Very few!
See original
CKB: Lightning Network promotes new situation, and the application scenarios need to be strengthenedInstructor: Mr. Ben77 On August 23, CKB released its Lightning Network Fiber Network light paper. Recently, I have been studying the Lightning Network knowledge in depth and have gained some knowledge, so I did some research on Fiber as soon as possible and wrote this article. 1. Improvements of Fiber Compared with the Lightning Network on BTC, Fiber has its own considerations in design. At the same time, due to the characteristics of eUTXO and CKB networks, it also brings some unique technical points. 1. Asset transfer within the channel Since Lightning Labs developed Taproot asset, the Lightning Network has finally expanded its asset issuance capabilities. However, the implementation logic of Taproot asset transfer in a general Lightning Channel is as follows:

CKB: Lightning Network promotes new situation, and the application scenarios need to be strengthened

Instructor: Mr. Ben77
On August 23, CKB released its Lightning Network Fiber Network light paper. Recently, I have been studying the Lightning Network knowledge in depth and have gained some knowledge, so I did some research on Fiber as soon as possible and wrote this article.
1. Improvements of Fiber
Compared with the Lightning Network on BTC, Fiber has its own considerations in design. At the same time, due to the characteristics of eUTXO and CKB networks, it also brings some unique technical points.
1. Asset transfer within the channel
Since Lightning Labs developed Taproot asset, the Lightning Network has finally expanded its asset issuance capabilities. However, the implementation logic of Taproot asset transfer in a general Lightning Channel is as follows:
See original
Fractal "My Opinion"I have researched Fractal @fractal_bitcoin in the early stage, participated in one of their public Google meeting, and briefly introduced this network afterwards. As time goes by, Fractal has been publicly tested, and I have seen more and more people discussing and researching Fractal, so I wrote this article to explain my views on Fractal. 1. What do you think of Fractal? Looking at this issue from different perspectives, Fractal has different views. 1️⃣Lorenzo’s positioning of Fractal From this description we can see: Fractal is positioned as an extension of Bitcoin, which includes four aspects: compatibility, parallelism, combination and extensibility.

Fractal "My Opinion"

I have researched Fractal @fractal_bitcoin in the early stage, participated in one of their public Google meeting, and briefly introduced this network afterwards. As time goes by, Fractal has been publicly tested, and I have seen more and more people discussing and researching Fractal, so I wrote this article to explain my views on Fractal.
1. What do you think of Fractal?
Looking at this issue from different perspectives, Fractal has different views.

1️⃣Lorenzo’s positioning of Fractal
From this description we can see:

Fractal is positioned as an extension of Bitcoin, which includes four aspects: compatibility, parallelism, combination and extensibility.
See original
Be a "long-termist" in the Crypto industryWhat is a “long-termist”? Long-termist seems to be a very unpopular word at the moment, because most people in the circle are pursuing "opportunities to get rich quickly" and "immediate wealth feedback." In most people's minds, long-termists are equivalent to "Holders". But Holders are more about investment strategies. They are a group of people who have a "long-term holding asset" strategy; and long-termists, in my opinion, have different and richer connotations. In my mind, the definition of a long-termist can be summarized as follows: People who have been actively involved and making progress in the Crypto industry for a long time

Be a "long-termist" in the Crypto industry

What is a “long-termist”?
Long-termist seems to be a very unpopular word at the moment, because most people in the circle are pursuing "opportunities to get rich quickly" and "immediate wealth feedback."

In most people's minds, long-termists are equivalent to "Holders". But Holders are more about investment strategies. They are a group of people who have a "long-term holding asset" strategy; and long-termists, in my opinion, have different and richer connotations.

In my mind, the definition of a long-termist can be summarized as follows:

People who have been actively involved and making progress in the Crypto industry for a long time
See original
Does BTC really face security issues?On July 9, Justin Bons posted a long article on Twitter: (https://x.com/Justin_Bons/status/1810357305390616839 ) He published the argument that “BTC’s security model has been destroyed” and argued according to his logic. I was very interested in this view, so I tried to analyze this view and the arguments. Justin Bons' Logic First, I sorted out Justin Bons’ logic in this tweet: Hash rate does not equal BTC network security. The cost of producing hashes (and the cost of miners) is the guarantee of BTC network security. The current network security is lower than it was three years ago.

Does BTC really face security issues?

On July 9, Justin Bons posted a long article on Twitter:
(https://x.com/Justin_Bons/status/1810357305390616839 )
He published the argument that “BTC’s security model has been destroyed” and argued according to his logic.
I was very interested in this view, so I tried to analyze this view and the arguments.
Justin Bons' Logic
First, I sorted out Justin Bons’ logic in this tweet:
Hash rate does not equal BTC network security. The cost of producing hashes (and the cost of miners) is the guarantee of BTC network security. The current network security is lower than it was three years ago.
See original
The “ambitions” of CKB and RGB++Note: This is not a secondary investment advice, just personal considerations Is it silent? When the RGB++ protocol was first launched, the market was very enthusiastic, and many people were discussing the impact of such a new technical protocol. The first use case of the "isomorphic binding" technology proposed by RGB++ combined the BTC network and the CKB network, which also triggered people's new understanding of the CKB network and new expectations for its future development. But after a period of time, as the enthusiasm gradually dissipated, it seemed to fall into silence. But is it really silent? Focus your attention "Attention economy" is a term often mentioned nowadays. All projects in the market are trying to grab users' attention. However, attention is a "short-lived process" in most cases and is easily dispersed and diverted. This is the current state of the market, so most of us just go with the flow and keep chasing "hot spots in the market". A few of us have gained profits, but most of us have gained losses and anxiety.

The “ambitions” of CKB and RGB++

Note: This is not a secondary investment advice, just personal considerations
Is it silent?
When the RGB++ protocol was first launched, the market was very enthusiastic, and many people were discussing the impact of such a new technical protocol. The first use case of the "isomorphic binding" technology proposed by RGB++ combined the BTC network and the CKB network, which also triggered people's new understanding of the CKB network and new expectations for its future development. But after a period of time, as the enthusiasm gradually dissipated, it seemed to fall into silence.
But is it really silent?
Focus your attention
"Attention economy" is a term often mentioned nowadays. All projects in the market are trying to grab users' attention. However, attention is a "short-lived process" in most cases and is easily dispersed and diverted. This is the current state of the market, so most of us just go with the flow and keep chasing "hot spots in the market". A few of us have gained profits, but most of us have gained losses and anxiety.
See original
Analysis of the performance of coins listed on BinanceThere is a picture of the performance of Binance’s listed coins that has been circulating recently: This proves that Binance’s coin listing performance is very poor. After verifying the relevant data, I found some problems, which I would like to share with you here: 1. There is a problem with the calculation method in the figure The overall performance is calculated by taking the max price (the highest price of the coin on the day of listing and the highest price thereafter). This is illogical because it will always be a negative value. At the same time, the price of the coin on the opening day is sometimes outrageous and is usually discarded when doing data analysis.

Analysis of the performance of coins listed on Binance

There is a picture of the performance of Binance’s listed coins that has been circulating recently:

This proves that Binance’s coin listing performance is very poor.
After verifying the relevant data, I found some problems, which I would like to share with you here:
1. There is a problem with the calculation method in the figure
The overall performance is calculated by taking the max price (the highest price of the coin on the day of listing and the highest price thereafter). This is illogical because it will always be a negative value. At the same time, the price of the coin on the opening day is sometimes outrageous and is usually discarded when doing data analysis.
See original
BTCFI: A hundred flowers bloom, but the road ahead is long and arduousYesterday I attended the Space organized by COBO and talked about BTCFI. Due to time constraints, I was unable to elaborate in detail, so I wrote this article to explain it in detail. 1. What is BTCFI? Before studying this issue, we need to have a clear understanding of BTCFI. BTCFI is a combination of two words, one is BTC and the other is DEFI. We are very familiar with BTC, and although DEFI is often mentioned, different people have different opinions on its exact definition. The COINBASE article defines it this way: > DeFi (or “decentralized finance”) is an umbrella term for financial services on public blockchains, primarily Ethereum. 

BTCFI: A hundred flowers bloom, but the road ahead is long and arduous

Yesterday I attended the Space organized by COBO and talked about BTCFI. Due to time constraints, I was unable to elaborate in detail, so I wrote this article to explain it in detail.
1. What is BTCFI?
Before studying this issue, we need to have a clear understanding of BTCFI.
BTCFI is a combination of two words, one is BTC and the other is DEFI. We are very familiar with BTC, and although DEFI is often mentioned, different people have different opinions on its exact definition.
The COINBASE article defines it this way:
>
DeFi (or “decentralized finance”) is an umbrella term for financial services on public blockchains, primarily Ethereum. 
See original
$BTC Babylon has completed a $70 million financing round, led by Paradigm Projects in the BTC Staking and Restaking tracks will basically cooperate with Babylon, especially for Restaking projects. In order to compete for TVL, they will definitely cooperate with Babylon, or even pre-cooperate!
$BTC

Babylon has completed a $70 million financing round, led by Paradigm

Projects in the BTC Staking and Restaking tracks will basically cooperate with Babylon, especially for Restaking projects. In order to compete for TVL, they will definitely cooperate with Babylon, or even pre-cooperate!
See original
AVM White Paper AnalysisPlease note: This article is written based on personal cognition and logical reasoning, and is not necessarily correct. It is for reference only. To understand AVM, the key is the following three pictures, let's analyze them one by one: Figure 1: What AVM does 1️⃣ Developers can customize the "creation rules" and "transfer rules" of assets. These rules (or contracts) are stored and reflected in the form of data included in the chain. 2️⃣The created assets contain "state", which will be updated according to the operation. Introducing "state" is very important for expansion.

AVM White Paper Analysis

Please note: This article is written based on personal cognition and logical reasoning, and is not necessarily correct. It is for reference only.

To understand AVM, the key is the following three pictures, let's analyze them one by one:

Figure 1: What AVM does

1️⃣ Developers can customize the "creation rules" and "transfer rules" of assets. These rules (or contracts) are stored and reflected in the form of data included in the chain.
2️⃣The created assets contain "state", which will be updated according to the operation. Introducing "state" is very important for expansion.
Translate
BTC“跨链”方式及安全性分析请注意:本文为个人根据个人认知和逻辑推理所写,不一定正确,仅供参考。 谈到BTC生态,不可避免的要涉及BTC的“跨链”,与EVM生态不同,因为BTC主网没有图灵完备的智能合约能力,因此暂时无法用类似于EVM生态那样的跨链方案。 本文我将把BTC常见的跨链方式进行通俗介绍,并简要分析其安全性。 1、多签桥 1.1 概述 多签是一个需要多个人的私钥签名才能够实现交易的技术形式。 一般的钱包,我们只需要使用自己的私钥签名就能够实现交易,这种被称为1-of-1的形式。对于多签钱包,因为需要多个人的私钥签名,因此增强了安全性;同时,因为可以采用m-of-n的形式(比如5个人,只需要其中3个人的签名即可),降低了单点故障的风险。 多签桥通俗理解就是我们将钱打入这样一个多签地址,然后在对应的链中生成一个映射的资产或份额证明。 1.2 安全性分析 注意:在做安全性分析时,我们均排除“黑客风险”“技术代码漏洞风险” 多签的最大风险是组成多签的这部分人/个体/机构的风险。 MS-1:一般的多签桥 安全分析:风险主要来源于多签人的构成,如果多签全部或主要由项目方相关人员把控,表面上用户看到的是多签,实际上跟

BTC“跨链”方式及安全性分析

请注意:本文为个人根据个人认知和逻辑推理所写,不一定正确,仅供参考。
谈到BTC生态,不可避免的要涉及BTC的“跨链”,与EVM生态不同,因为BTC主网没有图灵完备的智能合约能力,因此暂时无法用类似于EVM生态那样的跨链方案。
本文我将把BTC常见的跨链方式进行通俗介绍,并简要分析其安全性。
1、多签桥
1.1 概述
多签是一个需要多个人的私钥签名才能够实现交易的技术形式。
一般的钱包,我们只需要使用自己的私钥签名就能够实现交易,这种被称为1-of-1的形式。对于多签钱包,因为需要多个人的私钥签名,因此增强了安全性;同时,因为可以采用m-of-n的形式(比如5个人,只需要其中3个人的签名即可),降低了单点故障的风险。
多签桥通俗理解就是我们将钱打入这样一个多签地址,然后在对应的链中生成一个映射的资产或份额证明。
1.2 安全性分析
注意:在做安全性分析时,我们均排除“黑客风险”“技术代码漏洞风险”
多签的最大风险是组成多签的这部分人/个体/机构的风险。
MS-1:一般的多签桥
安全分析:风险主要来源于多签人的构成,如果多签全部或主要由项目方相关人员把控,表面上用户看到的是多签,实际上跟
See original
Babylon Testnet-4 will be open at 15:00 Beijing time on May 28th This may be the last testnet before the official launch This testnet aims to focus on the security of staked Signet Bitcoin by testing the interaction between users and the Signet BTC testnet Staking limit: total sBTC, minimum 0.0005 sBTC per transaction, maximum 0.05sBTC, so the number of pledges is between 100-10000, and the competition is fierce! This testnet does not mention rewards, but has released Gaxle tasks, and OAT may have certain value. For specific information, please refer to the official document: https://babylonchain.io/blog/babylon-bitcoin-staking-testnet-4-launch
Babylon Testnet-4 will be open at 15:00 Beijing time on May 28th

This may be the last testnet before the official launch

This testnet aims to focus on the security of staked Signet Bitcoin by testing the interaction between users and the Signet BTC testnet

Staking limit: total sBTC, minimum 0.0005 sBTC per transaction, maximum 0.05sBTC, so the number of pledges is between 100-10000, and the competition is fierce!

This testnet does not mention rewards, but has released Gaxle tasks, and OAT may have certain value.

For specific information, please refer to the official document:
https://babylonchain.io/blog/babylon-bitcoin-staking-testnet-4-launch
Translate
博弈加剧,行业发展进入新格局请注意:本文为个人根据市场数据、个人认知和逻辑推理所写,不一定正确,仅供参考。 1. 这轮牛市不一样 很多人应该有感觉,这轮牛市和上一轮有明显的不同,主要表现在: 财富效应不足,没有上一轮百花齐放的普涨行情,标的的选择非常重要,一不小心就亏损,绝大部分币种跑不过BTC价值币的走势往往比不过Memecoin,很多上所的价值币走势就是一路下跌板块分裂严重,资金仅在自己的生态内转,且轮动不顺畅,给市场的感觉是没有合力空投行业因脚本化、集群化的发展,竞争演变得十分激烈,并由此产生诸多影响由BTC带领的叙事并不像之前的叙事一样“迅速、粗暴”,呈现偏冷寂的状态,同时DEFI在BTC叙事中似乎并不受青睐Web3游戏虽然在上一轮拿到了巨额的融资,并没有产生爆款...... 在观察到这些现象之后,我尝试去探寻其中的缘由。上一轮牛市我们称之为“放水牛”,因为全球(主要是美国)的大放水,资金的溢出效应非常明显。而这一轮我们能明显感觉到“资金不那么足”,这种感觉对吗?我们可以从下面的几组数据见端倪。 2. 资金的变化 2.1 美国M2数据 首先我们来看美国五年的M2数据,绿色的跨度部分为上一次牛市的M2变化情

博弈加剧,行业发展进入新格局

请注意:本文为个人根据市场数据、个人认知和逻辑推理所写,不一定正确,仅供参考。
1. 这轮牛市不一样
很多人应该有感觉,这轮牛市和上一轮有明显的不同,主要表现在:
财富效应不足,没有上一轮百花齐放的普涨行情,标的的选择非常重要,一不小心就亏损,绝大部分币种跑不过BTC价值币的走势往往比不过Memecoin,很多上所的价值币走势就是一路下跌板块分裂严重,资金仅在自己的生态内转,且轮动不顺畅,给市场的感觉是没有合力空投行业因脚本化、集群化的发展,竞争演变得十分激烈,并由此产生诸多影响由BTC带领的叙事并不像之前的叙事一样“迅速、粗暴”,呈现偏冷寂的状态,同时DEFI在BTC叙事中似乎并不受青睐Web3游戏虽然在上一轮拿到了巨额的融资,并没有产生爆款......
在观察到这些现象之后,我尝试去探寻其中的缘由。上一轮牛市我们称之为“放水牛”,因为全球(主要是美国)的大放水,资金的溢出效应非常明显。而这一轮我们能明显感觉到“资金不那么足”,这种感觉对吗?我们可以从下面的几组数据见端倪。
2. 资金的变化
2.1 美国M2数据
首先我们来看美国五年的M2数据,绿色的跨度部分为上一次牛市的M2变化情
See original
Chakra: A creative combination of STARK technology and BTC staking1. The uniqueness of Bitcoin L2 Under the overwhelming attack of Btc L2, maybe we need to think carefully about what is the significance of Btc L2? Only by solving this problem can we know whether what we are doing now is right. For ETH's L2, we mainly consider it from the perspective of TPS and gas fee, because the ETH main chain itself has complete smart contracts, asset issuance, DEFI operations and other capabilities. However, in view of cost issues and confirmation speed issues, L2 is used to better adapt to the needs of different projects. The design of L1 as the computing layer and security layer is very reasonable.

Chakra: A creative combination of STARK technology and BTC staking

1. The uniqueness of Bitcoin L2
Under the overwhelming attack of Btc L2, maybe we need to think carefully about what is the significance of Btc L2? Only by solving this problem can we know whether what we are doing now is right.
For ETH's L2, we mainly consider it from the perspective of TPS and gas fee, because the ETH main chain itself has complete smart contracts, asset issuance, DEFI operations and other capabilities. However, in view of cost issues and confirmation speed issues, L2 is used to better adapt to the needs of different projects. The design of L1 as the computing layer and security layer is very reasonable.
See original
"Three chains in one", the underestimated Babylon1. What is Babylon? There have been a lot of introductions about Babylon, and many large organizations and media have analyzed it, so I will not introduce its process and principles in detail here. I will try to describe what Babylon is in the most concise language. Babylon is a project that uses a "self-limiting" solution to achieve "trustless staking" of BTC. The "staking certificate" is used for the "security layer of the POS chain" to obtain "revenue". Here are a few terms to explain: 1. Self-limitation: This means that Babylon limits itself in a "zero-trust" manner, does not use multi-signature and other methods as the basic design, and continues to develop the "Bitcoin Timestamp" protocol, making it one of the foundations of the project.

"Three chains in one", the underestimated Babylon

1. What is Babylon?
There have been a lot of introductions about Babylon, and many large organizations and media have analyzed it, so I will not introduce its process and principles in detail here. I will try to describe what Babylon is in the most concise language.
Babylon is a project that uses a "self-limiting" solution to achieve "trustless staking" of BTC. The "staking certificate" is used for the "security layer of the POS chain" to obtain "revenue".
Here are a few terms to explain:
1. Self-limitation: This means that Babylon limits itself in a "zero-trust" manner, does not use multi-signature and other methods as the basic design, and continues to develop the "Bitcoin Timestamp" protocol, making it one of the foundations of the project.
See original
I will analyze the BTC ecological projects in my mind one by one
I will analyze the BTC ecological projects in my mind one by one
See original
The current priority of the BTC ecosystemSince the popularity of ordinarys, the development of the BTC ecosystem has entered a full-scale stage. In a very short period of time, a large number of ecological projects have been born in the market, including hundreds of so-called "BTC L2". Concepts such as oracles, modularization, DA, etc. that are popular in the smart contract market have also quickly extended to the BTC ecosystem. However, the market performance does not seem to be very good. The ecosystem seems to be in a state of stalling. Many L2s have been sentenced to death before they are even on the mainnet. Merlin, which ranks first in TVL, performs far below expectations. Even the most popular targets like runes seem to be a one-time trend. Let's talk about why this situation occurs in this article.

The current priority of the BTC ecosystem

Since the popularity of ordinarys, the development of the BTC ecosystem has entered a full-scale stage. In a very short period of time, a large number of ecological projects have been born in the market, including hundreds of so-called "BTC L2". Concepts such as oracles, modularization, DA, etc. that are popular in the smart contract market have also quickly extended to the BTC ecosystem.
However, the market performance does not seem to be very good. The ecosystem seems to be in a state of stalling. Many L2s have been sentenced to death before they are even on the mainnet. Merlin, which ranks first in TVL, performs far below expectations. Even the most popular targets like runes seem to be a one-time trend. Let's talk about why this situation occurs in this article.
See original
#RGB #BITCOIN [Why you have to pay attention to RGB protocol] 1️⃣RGB is backed by BTC network security endorsement (full security) 2️⃣RGB protocol can run on the Lightning Network (high speed) 3️⃣RGB chainless and layerless concept, no GAS (very cheap) 4️⃣RGB can turn BTC into BTC+ upgraded version of EVM (expandability is full) 5️⃣RGB is an extremely private protocol category (full of privacy) 6️⃣RGB is an innovation based on the native BTC network (nativeness is full) 7️⃣bitfinex, Tether and other big companies like RGB (institutional attraction) 8️⃣Bitcoin core developers appreciate RGB (full of legitimacy) 9️⃣The key is that RGB is still in its early stages (rewarding is full) Follow me and the RGB protocol!
#RGB #BITCOIN

[Why you have to pay attention to RGB protocol]

1️⃣RGB is backed by BTC network security endorsement (full security)

2️⃣RGB protocol can run on the Lightning Network (high speed)

3️⃣RGB chainless and layerless concept, no GAS (very cheap)

4️⃣RGB can turn BTC into BTC+ upgraded version of EVM (expandability is full)

5️⃣RGB is an extremely private protocol category (full of privacy)

6️⃣RGB is an innovation based on the native BTC network (nativeness is full)

7️⃣bitfinex, Tether and other big companies like RGB (institutional attraction)

8️⃣Bitcoin core developers appreciate RGB (full of legitimacy)

9️⃣The key is that RGB is still in its early stages (rewarding is full)

Follow me and the RGB protocol!
See original
#RGB #BITCOIN [In 2024, you can no longer miss the RGB protocol] In 2024, the BTC ecosystem will definitely become one of the main narratives, and within this narrative, the RGB protocol is the one I am most optimistic about and think has the most long-term development prospects and realization. 1️⃣The BTC ecosystem will continue to explode 1) With the arrival of BTC halving, miners’ income will decrease, and new sources of income must be found; 2) The funds deposited on BTC need to be used in scenarios other than tun coins; 3) Old money needs to enter the BTC ecosystem (the reason for not choosing ETH is that ETH has a foundation’s monopoly control, while BTC is decentralized enough); 4) The potential for BTC ETF to pass is only a matter of time, and the probability is basically 100%; 5) The BTC technical taproot upgrade makes it possible to operate on BTC. Under the influence of these factors, the development of the BTC ecosystem is the result of the joint efforts of many participants! 2️⃣RGB protocol is the most promising protocol in the development of BTC ecosystem 1) The broadest prospects: The currently popular various inscription protocols and derivative protocols mainly implement "asset issuance", which is only the first stage of ecological development; the RGB protocol has the ability to use a Turing-complete virtual machine to provide BTC network or The lighting network develops the function of "smart contracts". This is the second stage of ecological development. I call it the "asset transaction model" stage; 2) High TPS: The RGB protocol can be built on the Lightning Network, which greatly increases the TPS of interaction and makes complex high-frequency interactive contracts (such as AMM, gamefi) possible; 3) Already implemented: Compared with bitVM, which is still in the white paper stage, the RGB protocol has already been implemented in many implementation scenarios, and the v0.11 version to be updated recently will bring more applications; 4) Big boss endorsement: TEDA (crypto Fed) has made it clear that it must issue stablecoins on RGB In 2024, RGB deserves your attention! In 2024, you can’t miss RGB! Follow me to learn more about RGB protocol knowledge and dynamics!
#RGB #BITCOIN

[In 2024, you can no longer miss the RGB protocol]

In 2024, the BTC ecosystem will definitely become one of the main narratives, and within this narrative, the RGB protocol is the one I am most optimistic about and think has the most long-term development prospects and realization.

1️⃣The BTC ecosystem will continue to explode

1) With the arrival of BTC halving, miners’ income will decrease, and new sources of income must be found;
2) The funds deposited on BTC need to be used in scenarios other than tun coins;
3) Old money needs to enter the BTC ecosystem (the reason for not choosing ETH is that ETH has a foundation’s monopoly control, while BTC is decentralized enough);
4) The potential for BTC ETF to pass is only a matter of time, and the probability is basically 100%;
5) The BTC technical taproot upgrade makes it possible to operate on BTC.

Under the influence of these factors, the development of the BTC ecosystem is the result of the joint efforts of many participants!

2️⃣RGB protocol is the most promising protocol in the development of BTC ecosystem

1) The broadest prospects: The currently popular various inscription protocols and derivative protocols mainly implement "asset issuance", which is only the first stage of ecological development; the RGB protocol has the ability to use a Turing-complete virtual machine to provide BTC network or The lighting network develops the function of "smart contracts". This is the second stage of ecological development. I call it the "asset transaction model" stage;
2) High TPS: The RGB protocol can be built on the Lightning Network, which greatly increases the TPS of interaction and makes complex high-frequency interactive contracts (such as AMM, gamefi) possible;
3) Already implemented: Compared with bitVM, which is still in the white paper stage, the RGB protocol has already been implemented in many implementation scenarios, and the v0.11 version to be updated recently will bring more applications;
4) Big boss endorsement: TEDA (crypto Fed) has made it clear that it must issue stablecoins on RGB

In 2024, RGB deserves your attention!
In 2024, you can’t miss RGB!

Follow me to learn more about RGB protocol knowledge and dynamics!
Explore the latest crypto news
⚡️ Be a part of the latests discussions in crypto
💬 Interact with your favorite creators
👍 Enjoy content that interests you
Email / Phone number

Latest News

--
View More

Trending Articles

avatar
Friend_trader 4U
View More
Sitemap
Cookie Preferences
Platform T&Cs