BTCandETHrose69.1%and57.8%respectivelyinthefirstfewmonthsofthisyear,outperformingallothermajorassetclassesintheworld.Thecryptocurrencymarketpricehasstabilizedfromthehighpricein2021,andtheentireindustryisactivelyexploringhowtodevelopapplicationssustainablyinWeb3.Bityuanisasimple,stable,efficient,secureandmulti-chainpublicchainnetwork.ItaimstobreaktheImpossibleTriangleoftheblockchain,makingitmaintainadecentralizedsecuritylikeBitcoin.Moreover,itiscompatiblewiththeapplicationecosystemofEthereum,andfinallyachievesthegoalofhighTPS.Sodeveloperscanbuildapowerfullayer2blockchainecosystemandhigh-speedapplicationsofWeb3ontheBityuannetwork.Toachievethisgoal,Bityuanhasgonethroughseveraltechnicalphases.Firstly,itupgradestotheparachainarchitecture.Bityuanadoptsthemulti-chainarchitectureoftheparachain.Bityuanisasimpleandstabledecentralizedsystem,butitcannotdocomplexbusinessprocessing.Ethereumhasimplementedsmartcontracts,whichcanhandlecomplexbusiness,butitsperformanceislimitedtoonlydozensoftransactions.Theperformanceproblemofdecentralizationhasalwaysbeenadevelopmentbottleneckofthepublicchain.Bityuanhasamulti-chainarchitectureofthemainchainandparachain.Themainchainisresponsibleforconsensus,makingthemainchainassimpleandstableasBitcoin,withdecentralizedgovernance.Andtheparachainisresponsibleforthebusiness.EachparallelpublicchainhasbothdiversifiedandindependentblockchainecosystemconstructionandDAppdevelopment,whichcanalsorealizeefficientcross-chaintransactionsbetweenmultiplechains.ThiswayofseparatingconsensusfrombusinessenablestheBityuanpublicchaintohavethecoreofdecentralizedgovernancewhileimprovingperformance.Thisislikeahighwayexpandingintodozensoforevenhundredsofhighways,whilefuelchargesarestillcalculateduniformly,allowingcarstodriveunimpededly.ThedevelopmentoftheBityuanparachainarchitecturewascompletedinMay2018,whichwasearlierthanPolkadot.Therearealreadydozensofparachainsinoperationsofar.Secondly,BityuaniscompatiblewithEthereum.Currently,Ethereumistheworld'slargestapplication-orientedpublicchain.Thesidechainandlayer2blockchainexpansiontechnologysolutionsbasedonEthereumhavebeenwidelyrecognizedbythemarket.Thehugedevelopercommunityandextremelyvigorousapplicationecosystem,havealsomademanypublic chainscompatiblewithit.BityuanalreadysupportstheaddressformatandsignaturemethodofEthereum.ItcanbetradedwithBityuannodesthroughtheweb3.jslibraries.ThesmartcontractisfullycompatiblewiththeEthereumVirtualMachine(EVM)andsupportsdeveloperstoseamlesslydeploysmartcontracts.Inthemeantime,theparachaincanbeusedasthelayer2chainofEthereum,whichisperfectlyintegratedintotheEthereumecosystem.Thirdly,BityuanincorporateszkSync'szero-knowledgeproofscheme.Whenwetradeonadecentralizedexchange,howcanweensurethesecurityofassetswhilereducinggascostsandimprovingtransactionperformance?Theadvantageofzero-knowledgeprooftechnologyisthatitcanprovethecorrectnessofapropositionwithoutrevealinganyotherinformation.Bityuanintegratesthezero-knowledgeproofschemeofzkSync,whichrealizesthesafecross-chainandassettransferbetweentheBityuanmainnetandotherL1publicchainassets.Whenalargeamountofcalculationverificationisrequired,zero-knowledgeproofandlayer2blockchaincanbeusedtoachieveassetsecurityindecentralizedtransactions,whilereducinggascostsandimprovingtransactionperformance.Thislaysthefoundationforthedatainteractionofecosystemapplicationsinthefuturemetaverse.Ethereum,astheworld-levelopen-sourceprojectusedbymostdevelopers,itsexpansionplanisthemainareathattheblockchainindustryfocuseson.Amongthem,L2andzero-knowledgeproofareconsideredtobethemostnoticeabletechnicalpathsthisyear,andthisisdirectlyreflectedinthecryptocurrencypriceofOP,ARBandZKecosystems.AsanEVM-compatiblechain,theBityuanblockchainhasamulti-chainarchitectureofparachainsandzero-knowledgeprooftechnology.Bityuan’slayer1chaincanbeusedasazero-knowledgeprooflayer2chainofEthereum.

BTCandETHrose69.1%and57.8%respectivelyinthefirstfewmonthsofthisyear,outperformingallothermajorassetclassesintheworld.Thecryptocurrencymarketpricehasstabilizedfromthehighpricein2021,andtheentireindustryisactivelyexploringhowtodevelopapplicationssustainablyinWeb3.Bityuanisasimple,stable,efficient,secureandmulti-chainpublicchainnetwork.ItaimstobreaktheImpossibleTriangleoftheblockchain,makingitmaintainadecentralizedsecuritylikeBitcoin.Moreover,itiscompatiblewiththeapplicationecosystemofEthereum,andfinallyachievesthegoalofhighTPS.Sodeveloperscanbuildapowerfullayer2blockchainecosystemandhigh-speedapplicationsofWeb3ontheBityuannetwork.Toachievethisgoal,Bityuanhasgonethroughseveraltechnicalphases.Firstly,itupgradestotheparachainarchitecture.Bityuanadoptsthemulti-chainarchitectureoftheparachain.Bityuanisasimpleandstabledecentralizedsystem,butitcannotdocomplexbusinessprocessing.Ethereumhasimplementedsmartcontracts,whichcanhandlecomplexbusiness,butitsperformanceislimitedtoonlydozensoftransactions.Theperformanceproblemofdecentralizationhasalwaysbeenadevelopmentbottleneckofthepublicchain.Bityuanhasamulti-chainarchitectureofthemainchainandparachain.Themainchainisresponsibleforconsensus,makingthemainchainassimpleandstableasBitcoin,withdecentralizedgovernance.Andtheparachainisresponsibleforthebusiness.EachparallelpublicchainhasbothdiversifiedandindependentblockchainecosystemconstructionandDAppdevelopment,whichcanalsorealizeefficientcross-chaintransactionsbetweenmultiplechains.ThiswayofseparatingconsensusfrombusinessenablestheBityuanpublicchaintohavethecoreofdecentralizedgovernancewhileimprovingperformance.Thisislikeahighwayexpandingintodozensoforevenhundredsofhighways,whilefuelchargesarestillcalculateduniformly,allowingcarstodriveunimpededly.ThedevelopmentoftheBityuanparachainarchitecturewascompletedinMay2018,whichwasearlierthanPolkadot.Therearealreadydozensofparachainsinoperationsofar.Secondly,BityuaniscompatiblewithEthereum.Currently,Ethereumistheworld'slargestapplication-orientedpublicchain.Thesidechainandlayer2blockchainexpansiontechnologysolutionsbasedonEthereumhavebeenwidelyrecognizedbythemarket.Thehugedevelopercommunityandextremelyvigorousapplicationecosystem,havealsomademanypublic chainscompatiblewithit.BityuanalreadysupportstheaddressformatandsignaturemethodofEthereum.ItcanbetradedwithBityuannodesthroughtheweb3.jslibraries.ThesmartcontractisfullycompatiblewiththeEthereumVirtualMachine(EVM)andsupportsdeveloperstoseamlesslydeploysmartcontracts.Inthemeantime,theparachaincanbeusedasthelayer2chainofEthereum,whichisperfectlyintegratedintotheEthereumecosystem.Thirdly,BityuanincorporateszkSync'szero-knowledgeproofscheme.Whenwetradeonadecentralizedexchange,howcanweensurethesecurityofassetswhilereducinggascostsandimprovingtransactionperformance?Theadvantageofzero-knowledgeprooftechnologyisthatitcanprovethecorrectnessofapropositionwithoutrevealinganyotherinformation.Bityuanintegratesthezero-knowledgeproofschemeofzkSync,whichrealizesthesafecross-chainandassettransferbetweentheBityuanmainnetandotherL1publicchainassets.Whenalargeamountofcalculationverificationisrequired,zero-knowledgeproofandlayer2blockchaincanbeusedtoachieveassetsecurityindecentralizedtransactions,whilereducinggascostsandimprovingtransactionperformance.Thislaysthefoundationforthedatainteractionofecosystemapplicationsinthefuturemetaverse.Ethereum,astheworld-levelopen-sourceprojectusedbymostdevelopers,itsexpansionplanisthemainareathattheblockchainindustryfocuseson.Amongthem,L2andzero-knowledgeproofareconsideredtobethemostnoticeabletechnicalpathsthisyear,andthisisdirectlyreflectedinthecryptocurrencypriceofOP,ARBandZKecosystems.AsanEVM-compatiblechain,theBityuanblockchainhasamulti-chainarchitectureofparachainsandzero-knowledgeprooftechnology.Bityuan’slayer1chaincanbeusedasazero-knowledgeprooflayer2chainofEthereum.