Bitcoin

This article shares our latest thoughts from a year ago, reflecting on the current state and perspectives of BTC, and predicting future developments. We observe intense competition among EVM L2/sidechains, increased liquidity fragmentation and scaling solutions, and widespread trust assumptions across L2 and meta-protocols. Different trust assumptions are proposed for sidechains, rollups, and meta-protocols. The development trends of Bitcoin include the issuance of digital assets, programmable solutions, and improved capital efficiency. Additionally, some emerging solutions and potential winners are mentioned, calling for everyone to build the Bitcoin ecosystem together.

Bitcoin, as Layer1, suffers from insufficient support for smart contracts, high performance, and mining costs, which restricts its development. As a result, the demand for Bitcoin scaling has increased, making Bitcoin Layer2 a popular track.

With the joint efforts of institutions, centralized exchanges (CEX), and service providers, Bitcoin has a complex and extensive user base. This article aims to provide an understanding of BTC's user profile by examining major BTC holders, thereby shedding light on the current level of participation and adoption of Bitcoin.

This article points out that the Runes ecosystem is in a period of chaos and no consensus has yet been formed. The Runes protocol has not made any technical breakthroughs and relies on Casey's influence. Although there is speculation logic such as rune stones and DOG, its success depends on market selection, and future development remains to be seen.

HyperAGI is a community-driven decentralized AI project aimed at creating true AI agents and fostering an autonomous cryptocurrency economy. It achieves this by integrating Bitcoin Layer 2 solutions, an innovative Proof of Useful Work (PoUW) consensus mechanism, and large language models (LLMs). The project is dedicated to realizing Unconditional Basic Agent Income (UBAI) and advancing a decentralized and equitable digital society through AI technology.

This article delves into Nekoswap, the first native rune and token cross-chain exchange on Bitlayer. It analyzes the features of the Runes protocol, the current market status, and the importance of fragmentation solutions. The article also covers Nekoswap's business model, token framework, competitor analysis, valuation forecasts, and plans, concluding with an evaluation of Nekoswap's potential and impact within the Bitcoin ecosystem.

Dego Finance is an innovative project that combines NFTs and DeFi. It offers a suite of NFT tools for creation, trading, and management. As an incubator, Dego fosters promising projects in Web3. Learn more about Dego's features, ecosystem, and token ($DEGO).

Crypto Pulse focuses on the latest developments in the cryptocurrency industry, delivering up-to-date market analysis and insights.

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.

At the Austin Bitcoin++ conference in early May, core Lightning Network developer Rusty Russell made a very radical proposal in the first talk of the conference to re-enable most opcodes previously disabled by Satoshi Nakamoto. Try to explore the entire feature space by driving and analyzing a full recovery of the scripts.

A Bitcoin address, consisting of alphanumeric characters, is an identifier used to send and receive assets on the Bitcoin network, essentially serving as a possible destination for Bitcoin payments. As the Bitcoin network evolves, Bitcoin addresses also undergo changes. This article explains the purpose of Bitcoin addresses, how to obtain them, and the different types of Bitcoin addresses—Legacy, P2SH, Segwit, and Taproot. Additionally, it will cover the technology behind each type and provide specific examples of their use cases.

Crypto Pulse focuses on the latest developments in the cryptocurrency industry, delivering up-to-date market analysis and insights.

This article reviews the significant impact of Bitcoin halving events on the cryptocurrency market, particularly highlighting their role in advancing the Bitcoin Ordinals protocol. The halving event, known for its impact on Bitcoin’s supply and demand dynamics, provided the perfect backdrop for the emergence of Bitcoin Runes.

The popularity of BRC-20 tokens is bringing the Bitcoin ecosystem back into the public. The SRC-20 standard and the STAMP protocol are also gaining interest. This article lists seven websites to help you understand the SRC-20 protocol in detail.

The Stacks project is undergoing a major update called the "Nakamoto Upgrade," aimed at enhancing the performance and security of the Stacks chain, bringing it closer to being a Layer 2 (L2) for the Bitcoin network. The upgrade includes faster block generation, transaction finality achieved through Bitcoin, and improved MEV (Miner Extractable Value) resistance. Additionally, the introduction of sBTC will allow BTC to be used as a native asset on the Stacks chain, a crucial step towards realizing Stacks as a Bitcoin L2.