Author: @CryptoScott_ETH | @RealResearchDAO ZKP(Zero-Knowledge Proof) is currently a popular black technology, but its technical details are more difficult to understand. This article is to sort out the relevant data in the field of zero-knowledge proof and discuss the application in the industry, hoping to provide non-technical researchers with guidance on ZK research and help them understand zero-knowledge proofs from the simple to the deep. Understand ZKP from the story of Alice & Bob This...

Author: @CryptoScott_ETH | @RealResearchDAO ZKP(Zero-Knowledge Proof) is currently a popular black technology, but its technical details are more difficult to understand. This article is to sort out the relevant data in the field of zero-knowledge proof and discuss the application in the industry, hoping to provide non-technical researchers with guidance on ZK research and help them understand zero-knowledge proofs from the simple to the deep. Understand ZKP from the story of Alice & Bob This...

Author: @0x长安 | @RealResearchDAO 1. ENS investment is gradually being recognized and accepted by the market The ENS domain name tiffany.eth was sold for 29 ETH (~$50,000), as the American jewelry brand has launched a limited-edition CryptoPunk custom pendant. PwC registered pwc.eth for 69 ETH. The reason behind this is that ENS domain names, as the identities of the crypto world, have been gradually recognized by investors. The definition of DIDs by W3C is a new type of identifier that suppor...

Author: @0x长安 | @RealResearchDAO 1. ENS investment is gradually being recognized and accepted by the market The ENS domain name tiffany.eth was sold for 29 ETH (~$50,000), as the American jewelry brand has launched a limited-edition CryptoPunk custom pendant. PwC registered pwc.eth for 69 ETH. The reason behind this is that ENS domain names, as the identities of the crypto world, have been gradually recognized by investors. The definition of DIDs by W3C is a new type of identifier that suppor...

Author: @0x长安 | @RealResearchDAO With the development of the cryptocurrency market, the number of users of the ETH ecosystem is gradually increasing, and the number of users of the ENS domain name, which is the identity system of the ETH ecosystem, is also gradually increasing. The accompanying problem is that there are too many NFTs for ENS domain names, and people cannot easily find their favorite domain names in the current NFT trading platform. So I designed an NFT marketplace dedicated t...

Author: @0x长安 | @RealResearchDAO With the development of the cryptocurrency market, the number of users of the ETH ecosystem is gradually increasing, and the number of users of the ENS domain name, which is the identity system of the ETH ecosystem, is also gradually increasing. The accompanying problem is that there are too many NFTs for ENS domain names, and people cannot easily find their favorite domain names in the current NFT trading platform. So I designed an NFT marketplace dedicated t...

Author: @!0xWang1| @RealResearchDAOForeword Imagine when you save your money in the bank, the bank will give you half of the income generated from your savings, so that when you borrow money from the bank, the corresponding interest can be waived. Of course, there are few such good things in traditional finance, but in the world of DeFi with many magics, through Alchemix's unique protocol, even as an ordinary user, such "financial magic" is within reach. Giving money and paying it back f...

Author: @!0xWang1| @RealResearchDAOForeword Imagine when you save your money in the bank, the bank will give you half of the income generated from your savings, so that when you borrow money from the bank, the corresponding interest can be waived. Of course, there are few such good things in traditional finance, but in the world of DeFi with many magics, through Alchemix's unique protocol, even as an ordinary user, such "financial magic" is within reach. Giving money and paying it back f...

Author: @!0xWang1| @RealResearchDAO Foreword The development of technology has brought about changes in the way people entertain. In addition to work and study, the way people spend their time is also constantly shifting. In an orderly and hurried life, all kinds of entertainment, variety shows, and short videos are flooding into people's daily lives. Various entertainment methods enhance people's sense of happiness in their spare time. Under such a huge market, Web2's big comp...

Author: @!0xWang1| @RealResearchDAO Foreword The development of technology has brought about changes in the way people entertain. In addition to work and study, the way people spend their time is also constantly shifting. In an orderly and hurried life, all kinds of entertainment, variety shows, and short videos are flooding into people's daily lives. Various entertainment methods enhance people's sense of happiness in their spare time. Under such a huge market, Web2's big comp...

Author: @!0xWang1| @RealResearchDAO Foreword As the underlying architecture of blockchain technology, public blockchain is an integral part of the construction of Web3 infrastructure. Due to its decentralization, anyone has the right to read, send and obtain validly confirmed consensus on blockchains, and can develop related ecology on the public chains and develop DAPP based on them. Taking the typical smartphone as a comparison, the public chain is like the Android system developed by Googl...

Author: @!0xWang1| @RealResearchDAO Foreword As the underlying architecture of blockchain technology, public blockchain is an integral part of the construction of Web3 infrastructure. Due to its decentralization, anyone has the right to read, send and obtain validly confirmed consensus on blockchains, and can develop related ecology on the public chains and develop DAPP based on them. Taking the typical smartphone as a comparison, the public chain is like the Android system developed by Googl...

Author: @SixSix | @0x长安 | @RealResearchDAO Foreword The idea of writing this article is based on the "darkest moment" when stETH depegged from ETH and the price of ETH fell below $1,000. I had a long discussion with our other researcher, 长安. At that time, the distrust of ETH in the entire industry was extremely high, and most people believed that as the degree of ETH deleveraging further deepened, the price of ETH would also fall below. In fact, to this day, the industry's most significa...

Author: @SixSix | @0x长安 | @RealResearchDAO Foreword The idea of writing this article is based on the "darkest moment" when stETH depegged from ETH and the price of ETH fell below $1,000. I had a long discussion with our other researcher, 长安. At that time, the distrust of ETH in the entire industry was extremely high, and most people believed that as the degree of ETH deleveraging further deepened, the price of ETH would also fall below. In fact, to this day, the industry's most significa...

Author: @!0xWang1| @RealResearchDAOForeword Voting with blockchain technology seems to be a perfect combination. Smart contracts provide perfect technical support for the direct execution of on-chain voting results. Through smart contracts, problems such as bribery and opaque operations in the real world can be effectively avoided. This is why more and more countries are integrating blockchain technology into the voting process. But it is worth noting that in the world of blockchain, bribery ...

Author: @!0xWang1| @RealResearchDAOForeword Voting with blockchain technology seems to be a perfect combination. Smart contracts provide perfect technical support for the direct execution of on-chain voting results. Through smart contracts, problems such as bribery and opaque operations in the real world can be effectively avoided. This is why more and more countries are integrating blockchain technology into the voting process. But it is worth noting that in the world of blockchain, bribery ...

Author: @!0xWang1| @RealResearchDAOForeword U.S.Dollar-pegged stablecoins have become indispensable in the crypto market because they are less volatile than other coins like Bitcoin and Ethereum. Users will also feel more convenient trading with stablecoins, after all, they know that the amount they hold will have the same purchasing power today and tomorrow. However, this is a common myth that the dollar is owned by the U.S. government and controlled by the Fed, which means that the deprecia...

Author: @!0xWang1| @RealResearchDAOForeword U.S.Dollar-pegged stablecoins have become indispensable in the crypto market because they are less volatile than other coins like Bitcoin and Ethereum. Users will also feel more convenient trading with stablecoins, after all, they know that the amount they hold will have the same purchasing power today and tomorrow. However, this is a common myth that the dollar is owned by the U.S. government and controlled by the Fed, which means that the deprecia...

Author: @CryptoScott_ETH | @RealResearchDAO Foreword Recently, the deep crisis of both the stablecoin UST and the stable pegged asset stETH has attracted everyone's attention, which is tightly related to its main trading venue, Curve. Topics related to Curve Wars are also frequently discussed. From the perspective of investment, this article conducts a comparative study on the three important targets in Curve Wars - CRV, CVX, and FXS, trying to find the most worthy investment underlying ...

Author: @CryptoScott_ETH | @RealResearchDAO Foreword Recently, the deep crisis of both the stablecoin UST and the stable pegged asset stETH has attracted everyone's attention, which is tightly related to its main trading venue, Curve. Topics related to Curve Wars are also frequently discussed. From the perspective of investment, this article conducts a comparative study on the three important targets in Curve Wars - CRV, CVX, and FXS, trying to find the most worthy investment underlying ...

Author: @0x长安 | @RealResearchDAO Foreword In real life, people's identities consist of various ID cards and registered certificates. In the Internet world of Web2, people's identities are composed of accounts in centralized applications. Users can submit their personal information to the server, and the server forms an account that belongs to the user. In the crypto world of Web3, users have countless DIDs, and their composition is also diverse. It can be a certificate obtained by t...

Author: @0x长安 | @RealResearchDAO Foreword In real life, people's identities consist of various ID cards and registered certificates. In the Internet world of Web2, people's identities are composed of accounts in centralized applications. Users can submit their personal information to the server, and the server forms an account that belongs to the user. In the crypto world of Web3, users have countless DIDs, and their composition is also diverse. It can be a certificate obtained by t...

Author: @!0xWang1| @RealResearchDAOForeword Since the beginning of the Curve War, DeFi applications seem to have entered an endless battle for liquidity. On the main battlefield, Curve, various stablecoin protocols attempt to compete for the control of veCRV in order to obtain more CRV inflation reward weight, attracting more stablecoin funds to enter their respective asset pools to increase the depth for exchanges. Overall, the essence of Curve War is to compete for the liquidity of CRV to g...

Author: @!0xWang1| @RealResearchDAOForeword Since the beginning of the Curve War, DeFi applications seem to have entered an endless battle for liquidity. On the main battlefield, Curve, various stablecoin protocols attempt to compete for the control of veCRV in order to obtain more CRV inflation reward weight, attracting more stablecoin funds to enter their respective asset pools to increase the depth for exchanges. Overall, the essence of Curve War is to compete for the liquidity of CRV to g...