PANews_

Although the Cypherpunks created the Blockchain, a decentralized database, their vision has not been realized. Instead, memecoins have become the most widely used gambling currency on the Blockchain. They not only represent low-level finance, but also serve as the basic unit of the Blockchain. Even if the Cypherpunks are disappointed with memecoins, they should accept the fact that the Blockchain may never become the pillar of everything and let go of their pride. They should accept the reality that memecoins are prohibited in official financial institutions unless they are listed on non-compliant exchanges.

As the U.S. presidential election approaches, Cryptocurrency has become the focus, with 15.5% of the user base holding Cryptocurrency, and meme coins becoming a hot topic to follow. DOGE is related to its political attributes, while MAGA is directly related to Trump's approval ratings, and People, KAMA are related to the presidential candidate He Jinli. After the election, market sentiment will return to the new president's attitude towards Cryptocurrency, and Trump's encryption-friendly policies will bring a stable investment environment and long-term Favourable Information.

The blind computing solution provided by Nillion is a more general computing framework that can integrate encryption technologies such as ZKP, TEE, FHE, etc., and explore an integrated engineering practice solution for privacy protection. Its core logic is to have the ability to store and compute in segments on distributed nodes, and achieve effective work results for nodes without knowing the "complete" data through a verifiable open governance network. This encryption solution may be universally adopted in broader data protection fields such as AI verifiable computing and machine learning.

Polymarket claims that the betting amount on whether Trump or Harris will be elected president in early November has reached $2.7 billion. However, an encryption research company found that the platform has Whipsaw trades, with about one-third of the volume being fake trades. In addition, the total market volume reported in US dollars on the Polymarket website does not match the on-chain data. These issues have raised doubts about the accuracy of the website.

Base Chain is gradually becoming the gathering place for a new generation of 'Degen players', with low Money Laundering and convenient on-chain operations. At the same time, Base on-chain is the intersection of AI and Meme culture, and is expected to lead the market in Q4 2024. In addition, the activity of Meme communities and the FDV/holder ratio have also become important indicators. Base Chain has attracted a large number of users, making it a more attractive 'Degen gameplay' new home than Solana. Investors should follow the community support and innovative narratives of these Tokens, but should proceed with caution and do their own research.