1.Protos: How Many L2s Does BTC Have? Why Are There So Many L2s?

Most of the BTC community is unaware that there are 400 "2nd layer" on-chain Blocks in operation, according to a rough estimate by Shehzan, the founder of Lava. In the August 25th YouTube Gwart Show, Shehzan questioned the benefits of using BTC ledger for hundreds of Rollups and alternative Blockchains. Click to read.

2.Bankless Co-founder: Argentina's encryption moment

I spent the whole of August in Argentina, attending the Cryptocurrency flash city 'Aleph' located in the center of Buenos Aires. Aleph is part of Zuzalu and Devconnect. Protocol Labs' top-down support and coordination have received unanimous praise from hundreds of volunteers, community leaders, and ecosystem partners who have worked together to create a favorable environment for the next generation of Cryptocurrency startups in Argentina. At Aleph Hub (a co-working space that can accommodate 1,000 people), Cryptocurrency startups, venture capitalists, and the Argentine government came together for a month of collaboration, support, and growth. Although Aleph is a one-month event that will soon come to an end, the sparks it has ignited are expected to spread like wildfire throughout Argentina and even the entire Latin American region. This wildfire is called 'Crecimiento' - growth. Click to read.

3. Before the adjustment of the Interest Rate, where is the crypto market heading for?

If the financial market is compared to an AI model with huge data and sample size, then the main factors affecting the trends of US stocks and encryption assets in the model are the monetary policy that the Federal Reserve is about to adjust, Powell recently stated at the Jackson Hole meeting that the timing of the adjustment of monetary policy has arrived. Prior to this, the minutes of the Federal Open Market Committee (FOMC) July meeting released by the Federal Reserve showed that most Fed officials strongly favored a rate cut decision at the September meeting. Click to read.

4. Detailed Explanation of the Technical Architecture and Future Planning of Sui by the Former Meta Pro

As blockchain technology continues to develop, Layer 1 blockchains are leading in enhancing scalability, security, and transaction speed. Among them, SUI stands out as a remarkable Layer 1 blockchain aimed at providing excellent transaction performance and efficiency. In early tests, it achieved 297,000 transactions per second(TPS), significantly better than its competitors such as Aptos (founded by Avery Ching and Mo Shaik, who were involved in Diem's Novi Wallet) and Solana, both of which have lower TPS. Although they have a common origin, SUI is an independent project with no direct connection to Aptos and does not rely on Diem's architecture. Click to read.

5. A Review of China's Abusive Romance with Encryption

Trump announced yesterday that if elected, he will make the United States the global capital of encryption. In fact, a few years ago, China was the capital of encryption, but under the repeated hammering of policies, only Hong Kong is still striving to regain this 'capital of encryption'. For example, recently, the Supreme People's Court and the Supreme People's Procuratorate have explicitly listed 'virtual assets' transactions as one of the methods of money laundering, which has made many people nervous. Click to read