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Gate Research Daily Report: October 22—BTC price fell 2.40% over the past 24 hours to $67,376, facing support at $66,500. Investors should closely monitor market dynamics. Bitcoin network hash rate reached a new all-time high, surpassing 840 EH/s. Magic Eden surpassed OpenSea in user numbers over the past year. Gate Ventures and HackQuest co-hosted the Web3 Dev Huddle, fostering Web3 innovation in Southeast Asia. A spelling error with GOAT caused a brief panic-driven correction, but it did not dampen the ongoing popularity of AI Meme derivative tokens. The European Union launched the Trusted Investors Network to support deep tech innovation and enhance global competitiveness. The daily active users of the TON network dropped to around 1.58 million.

ERC7683 aims to optimize the user experience for solution users, lower the barriers to entry for a universal solution network, and the design goal of this standard is to enhance the solver user experience, making it easier for them to support multiple settlement networks, and to deterministically calculate their rewards.

In Ethereum, every new feature or improvement is proposed in the form of EIP, which will be implemented by all miners. This article will give you an in-depth understanding of what an EIP is and what role EIPs play in the development of Ethereum. The Ethereum ecosystem has attracted a large number of users. Although its high gas fees and congested network are often criticized, it has always been the preferred public chain for Dapps due to its safe, stable, and innovative system. Rome was not built in a day. Similarly, Ethereum has undergone various upgrades since its inception. These upgrade and improvement proposals need to reach an overall consensus in the Ethereum community in the form of EIP before they can be finally implemented.

Zcash is a privacy coin created in 2016. The cryptocurrency was designed to undergo halving once in approximately four years. What is the impact of halving on Zcash?

This article delves into the realm of such Layer-1 blockchains, shedding light on the challenges entailed in managing Layer-1 blockchains and unraveling the advantages of layer1 blockchain migration to Layer-2 rollups.

This article explains how the Cobb-Douglas Function, a fundamental economic formula, is applied in the token economics framework and analysis within the cryptocurrency space.

This article discusses the latest inscription controversy between the fundamentalist and application-oriented schools of Bitcoin, along with the related discussions of the past year.

This article provides a detailed analysis of the question of whether Bitcoin's embrace of OP_CAT for exploring smart contracts or its adherence to Satoshi Nakamoto's original vision to maintain purity.

Discover zkPass: a cutting-edge private data protocol using 3P-TLS and Hybrid ZK technologies for secure, verifiable data sharing. Validate data from any HTTPS website to Web3 without disclosing personal information. Ideal for decentralized identity passes, DeFi lending, healthcare data marketplaces, and more, zkPass ensures trust and privacy across various applications.

This article provides a comprehensive analysis and in-depth technical discussion. It not only explains how constraint mechanisms work but also explores the innovative applications they might bring and their long-term impact on the Bitcoin network and the broader blockchain ecosystem. Additionally, the article discusses the challenges faced in implementing these technologies and the considerations of the community, offering readers a holistic view to understand the ongoing technical innovations and discussions within the Bitcoin network.

Berachain V2 has migrated from the Polaris architecture to BeaconKit, improving network performance. BeaconKit allows the use of any Ethereum execution client, such as Reth, Geth, or Nethermind, making Berachain fully compatible with EVM. This upgrade resolves the bottlenecks encountered in V1, ensuring smoother transaction processing.

Optimism is a Layer 2 solution based on Ethereum that provides fast, stable, scalable and low-cost blockchain services. By running on Layer 1 of the Ethereum main chain, it helps alleviate network congestion, thereby reducing Transaction costs and processing time. Hyperchain is a multi-chain network structure based on Layer 2 technology that solves the horizontal scalability challenges of traditional blockchains. By treating each chain as an interchangeable computing resource, the commercialization of blockchains allows Developers to build cross-chain applications without increasing systemic risks, sharing not only security and communication layers but also an open-source technology stack. This design allows developers to focus more on building applications on the entire super chain, without having to worry about the specific technical details of individual chains.

The article introduces fundamental NFT building blocks, known as primitives, which can create more complex applications and innovative use cases. It lists eight noteworthy examples of NFT primitives, including the Zora protocol, ERC-6551, Boosts, DN-404, the Nouns protocol, Liquid Delegates, Non-Fungible Vaults (NFVs), and Liquid Listings.

This article presents a beginner-friendly guide to Pump scanning tools, helping users stay on top of market trends and analyze asset quality to avoid unexpected exploitation.

Verifiable Computation (VC) is running a specific workload in a way that generates a proof of its workings that can be publicly verified without re-running the calculation. In addition to Bonsol, the Anagram build team has delved into many places in the VC space, projects like Jolt, zkllvm, spartan 2, Binius are the ones we are tracking, as well as companies working in the fully homomorphic encryption (FHE) space.