Gate.io Research: BRC-20 —— A Fun Experimental Standard for Bitcoin
The BRC-20 StandardCreationPublished by @domodata in Mar. 2023, the BRC-20 is a token protocol based on the Bitcoin network, similar to the ERC-20 standard on the Ethereum network. The BRC-20 protocol relies on the ordinals inscriptions of the JSON data to deploy, mint, and transact tokens. It is a fun experimental standard, as @domodata said in the document, users can create off-chain balance stats utilizing inscriptions. But the creator also stated “This is an extremely dynamic experiment t...
Gate.io Research: BRC-20 —— A Fun Experimental Standard for Bitcoin
The BRC-20 StandardCreationPublished by @domodata in Mar. 2023, the BRC-20 is a token protocol based on the Bitcoin network, similar to the ERC-20 standard on the Ethereum network. The BRC-20 protocol relies on the ordinals inscriptions of the JSON data to deploy, mint, and transact tokens. It is a fun experimental standard, as @domodata said in the document, users can create off-chain balance stats utilizing inscriptions. But the creator also stated “This is an extremely dynamic experiment t...
Gate.io Research: Cosmos - New Phase and New Era
Key PointsThe Cosmos Team is stable now after a long time of turmoil. Original founder Jae Kwon, founder of Tendermint, has again become the leader.Cosmos Hub, the information center of the Cosmos public chain, will take on a more significant role after ATOM 2.0, targeting security between chains, liquidity staking infrastructure, and MEV redistribution.The technical characteristic of Cosmos of easy deployment and quality IBC cross-chain protocol makes applications coexist nicely with each ot...
Gate.io Research: Cosmos - New Phase and New Era
Key PointsThe Cosmos Team is stable now after a long time of turmoil. Original founder Jae Kwon, founder of Tendermint, has again become the leader.Cosmos Hub, the information center of the Cosmos public chain, will take on a more significant role after ATOM 2.0, targeting security between chains, liquidity staking infrastructure, and MEV redistribution.The technical characteristic of Cosmos of easy deployment and quality IBC cross-chain protocol makes applications coexist nicely with each ot...
Gate.io Research: Aptos vs. Sui - The Move is coming
Key InsightsAptos and Sui are in the spotlight because they are built on Move, a programming language inspired by Rust and their core team is from Meta–Diem.The Aptos testnet can reach up to 160,000 TPS and is based on the Block-STM parallel execution engine and the critical rotation.Sui’s test network TPS can reach about 120,000 because it uses Objects as a basic unit optimizing its throughput. Also, Sui's Gas pricing and transaction storage mechanism can bring a better experience to us...
Gate.io Research: Aptos vs. Sui - The Move is coming
Key InsightsAptos and Sui are in the spotlight because they are built on Move, a programming language inspired by Rust and their core team is from Meta–Diem.The Aptos testnet can reach up to 160,000 TPS and is based on the Block-STM parallel execution engine and the critical rotation.Sui’s test network TPS can reach about 120,000 because it uses Objects as a basic unit optimizing its throughput. Also, Sui's Gas pricing and transaction storage mechanism can bring a better experience to us...
Gate.io Research: Bitcoin Periodic Correlation Analysis
TL; DRBlackRock and Coinbase’s Partnership strengthens a positive institutional attitudeUS macro recovery but inflation is pushing Fed to be more aggressive on raising interest ratesBitcoin return is growing closer to US equity marketsBitcoin return is strictly negatively correlated with US interest ratesBitcoin return is sensitive to M0 changes rather than M1 or M2 in the US1. Research Background1.1 Institutional PreferenceBlackRock Inc.(NYSE: BLK) announced its partnership with Coinbase Glo...
Gate.io Research: Bitcoin Periodic Correlation Analysis
TL; DRBlackRock and Coinbase’s Partnership strengthens a positive institutional attitudeUS macro recovery but inflation is pushing Fed to be more aggressive on raising interest ratesBitcoin return is growing closer to US equity marketsBitcoin return is strictly negatively correlated with US interest ratesBitcoin return is sensitive to M0 changes rather than M1 or M2 in the US1. Research Background1.1 Institutional PreferenceBlackRock Inc.(NYSE: BLK) announced its partnership with Coinbase Glo...
