Bitcoin

Detailed explanation of the investment value and risks of the six major tokens in the Runes ecosystem, suitable for blockchain investors and researchers.

According to data from DefiLlama, the current BTC yield farming market size exceeds US$10 billion. More and more participants are joining the BTC yield farming track. This article will review several well-known BTC staking protocols.

This article discusses the power-law behavior of Bitcoin and its theoretical foundation. Bitcoin is depicted as a city and organism rather than a mere financial asset. The power-law theory is used to explain the geometric intuition of Bitcoin price behavior and establishes a comprehensive theory of Bitcoin behavior that can scientifically explain major on-chain parameters.

Ordinal Inscriptions differ significantly from NFTs. Although they are both tradable digital assets on the blockchain; their minting, storage, and operation underpins the major differences between them. While NFTs are minted and stored outside the Ethereum network, Ordinal Inscriptions are created and stored on the Bitcoin blockchain.

The unspent transaction output (UTXO) model explained here is a method used by the Bitcoin network to manage transactions. In Bitcoin, coins are not stored in a wallet in the conventional sense; instead, they are tracked through transaction records on the blockchain. When a transaction is made, the network searches for appropriate UTXOs to use as inputs, and any remaining bitcoins are potentially returned to the wallet as change.

Bitcoin ETFs are, in fact, not new. They’ve been trading around the world for years.

This event, known as “halving,” has garnered attention due to its potential implications for the price dynamics of Bitcoin. Proponents argue that the reduction in the rate of new supply entering the market should theoretically drive up prices, given constant or increasing demand. However, skeptics question the extent to which halving events truly impact the price of BTC, pointing to the complexities of market dynamics and the role of various external factors.

The Runes protocol, a new standard for creating and transferring interchangeable tokens on the Bitcoin blockchain, signifies the influx of more developers and users into the Bitcoin ecosystem, potentially bringing additional revenue to miners. However, like its predecessor, the Runes protocol has sparked some controversy, with some Bitcoin purists expressing concerns that token creation may negatively impact the essence of Bitcoin. This article will delve into the details of the Runes protocol, guiding readers through the discussion.

Bitcoin Runes is an innovation on the Bitcoin blockchain that allows for the creation of fungible tokens and community-driven projects. In contrast to BRC-20 tokens, Bitcoin Runes aims to simplify token creation and reduce network congestion issues. Runes are created, minted, and transferred through runestones stored in Bitcoin transaction outputs. The Bitcoin Runes protocol is still in its early development stages, so significant changes may occur.

The prediction market is witnessing new developments, with AI emerging as a key and core component. It can address disputes, provide targeted event recommendations, and manage liquidity, offering comprehensive predictions for the prediction market. AI can also reduce risks and enhance price stability through LMSR AMM models and reinforcement learning agents.

This piece sheds light on several BTC-related public chain initiatives that have garnered venture capital backing, including BounceBit, Merlin Chain, B² Network, BOB, and Mezo. These ventures seek to broaden Bitcoin's applicability, leveraging its security to forge standalone POS public chains and bolstering their ecosystems with innovations like Restaking and zk-Rollups. Collaborating with giants like Binance, BounceBit, and featuring high Total Value Locked (TVL), Merlin Chain employs a unique hybrid Rollup structure. Meanwhile, B² Network aspires to be at the forefront of Bitcoin's Layer 2 solutions, BOB methodically integrates Bitcoin's security features, and Mezo, crafted by the tBTC team, champions a Proof of HODL consensus model. The narrative underscores the pivotal role of financial backing over technical prowess for these projects. For the average investor, engaging in airdrops and rewards programs emerges as a viable profit-making strategy.

As the global economy continues its transition from physical to digital, there is a high probability that the use of Bitcoin's global decentralized monetary system will continue to increase, potentially positioning Bitcoin on par with traditional hedge assets. The article analyzes the independence of Bitcoin from other asset classes and its adaptation to continuously changing interest rate policies in the market, as well as the risks and fluctuations it may face in the future.

This article will introduce the core mechanisms and staking strategies of Solv Protocol, StakeStone,, and Avalon Finance, as well as how they collaborate to "feast on multiple dishes" within the Merlin ecosystem.

Mezo adopts the "Proof of HODL" mechanism, where users protect the network by locking in BTC and MEZO tokens and validating transactions through CometBFT consensus. When the Mezo mainnet launches, users can contribute to network security through HODL proof and earn rewards as a return. The document provides a detailed introduction to this promising project. Mezo can be compared to Blast on Ethereum.

This article summarizes 9 indicator signals for readers to reference in judging Bitcoin's cyclical trends, including RSI, moving averages, rainbow charts, and more, all effectively providing readers with market sentiment and data information.