Introduction The emerging Web3 internet promises to address some of the major issues in today's online landscape, such as the concentration of power among a few centralized social media platforms and the misuse of user personal data. Digital assets will be a core component of Web3, with the decentralized and permissionless nature of blockchain technology helping to redistribute communication power rather than centralizing it in the hands of a single authority. Digital assets not only int...

Introduction The emerging Web3 internet promises to address some of the major issues in today's online landscape, such as the concentration of power among a few centralized social media platforms and the misuse of user personal data. Digital assets will be a core component of Web3, with the decentralized and permissionless nature of blockchain technology helping to redistribute communication power rather than centralizing it in the hands of a single authority. Digital assets not only int...

Introduction MEV, or Miner Extractable Value, is a term used in the cryptocurrency space that refers to the practice of intentionally adjusting the order of transactions or adding and removing transactions when generating new blocks (i.e., those to be added to a blockchain) to maximize profit. It can be viewed as the additional value extracted beyond standard rewards and gas fees from a block by selecting the order in which transactions are added. MEV is often closely associated with the Ethe...

Introduction MEV, or Miner Extractable Value, is a term used in the cryptocurrency space that refers to the practice of intentionally adjusting the order of transactions or adding and removing transactions when generating new blocks (i.e., those to be added to a blockchain) to maximize profit. It can be viewed as the additional value extracted beyond standard rewards and gas fees from a block by selecting the order in which transactions are added. MEV is often closely associated with the Ethe...

If one were to compare Ethereum merely to a company, viewing it as a corporation, it would represent a significant misunderstanding of blockchain technology. Ethereum is not just an enterprise or a platform; it embodies a decentralized ecosystem that reflects a new way of social and economic organization. This means that Ethereum is not a singular entity but rather a network of countless individuals and organizations participating and collaborating together. While many people tend to idolize ...

If one were to compare Ethereum merely to a company, viewing it as a corporation, it would represent a significant misunderstanding of blockchain technology. Ethereum is not just an enterprise or a platform; it embodies a decentralized ecosystem that reflects a new way of social and economic organization. This means that Ethereum is not a singular entity but rather a network of countless individuals and organizations participating and collaborating together. While many people tend to idolize ...

What is a WhitePaper? Generally, a white paper is a detailed report or guide designed to convey information about a specific topic or issue to the reader. For example, developers might write a white paper for their software to introduce its features and uses. In the blockchain domain, a white paper outlines the key functionalities and technical details of a specific cryptocurrency or blockchain project. While many white papers focus on token projects, they can also apply to other types of ini...

What is a WhitePaper? Generally, a white paper is a detailed report or guide designed to convey information about a specific topic or issue to the reader. For example, developers might write a white paper for their software to introduce its features and uses. In the blockchain domain, a white paper outlines the key functionalities and technical details of a specific cryptocurrency or blockchain project. While many white papers focus on token projects, they can also apply to other types of ini...

Through liquidity mining, users can earn cryptocurrency rewards by locking their assets in yield pools. These opportunities for liquidity mining come in various forms, including liquidity pools, native network staking, and lending protocols. The commonality among them is that users' funds are put to work, generating returns for the users. Liquidity miners typically opt for protocols that maximize their yields, known as yield optimizers, and shift their funds in the market to seek the bes...

Through liquidity mining, users can earn cryptocurrency rewards by locking their assets in yield pools. These opportunities for liquidity mining come in various forms, including liquidity pools, native network staking, and lending protocols. The commonality among them is that users' funds are put to work, generating returns for the users. Liquidity miners typically opt for protocols that maximize their yields, known as yield optimizers, and shift their funds in the market to seek the bes...

Why Follow Token Standards? Interoperability Token standards ensure that all products built on the same framework can interact and work together seamlessly. When a project's tokens adhere to a unified standard, newly issued tokens can remain compatible with existing platforms and applications, such as wallets. For example, ERC-20 tokens can integrate seamlessly with other products and services that follow the same token standard. This is why you can trade ERC-20 tokens for other tokens. ...

Why Follow Token Standards? Interoperability Token standards ensure that all products built on the same framework can interact and work together seamlessly. When a project's tokens adhere to a unified standard, newly issued tokens can remain compatible with existing platforms and applications, such as wallets. For example, ERC-20 tokens can integrate seamlessly with other products and services that follow the same token standard. This is why you can trade ERC-20 tokens for other tokens. ...

How Zero-Knowledge Proofs Work Zero-knowledge proofs (ZKPs) are a method that allows one party (the prover) to demonstrate the truth of a statement to another party (the verifier) without revealing any additional information. This technology is particularly important for handling sensitive information, as it ensures that the prover does not need to grant the verifier access to that information. The prover only needs to provide a mathematical proof that can be generated, while the verifier use...

How Zero-Knowledge Proofs Work Zero-knowledge proofs (ZKPs) are a method that allows one party (the prover) to demonstrate the truth of a statement to another party (the verifier) without revealing any additional information. This technology is particularly important for handling sensitive information, as it ensures that the prover does not need to grant the verifier access to that information. The prover only needs to provide a mathematical proof that can be generated, while the verifier use...

Introduction Have you ever considered what type of blockchain you are using? Beyond Proof of Work (PoW) and Proof of Stake (PoS), how else can blockchains be classified? In fact, blockchains can be divided into permissioned and permissionless types. Understanding these two categories can help you gain deeper insights into the characteristics of blockchains and their liquidity. What Are Permissioned and Permissionless Blockchains? Blockchains do not exist in a singular form. One of the most ef...

Introduction Have you ever considered what type of blockchain you are using? Beyond Proof of Work (PoW) and Proof of Stake (PoS), how else can blockchains be classified? In fact, blockchains can be divided into permissioned and permissionless types. Understanding these two categories can help you gain deeper insights into the characteristics of blockchains and their liquidity. What Are Permissioned and Permissionless Blockchains? Blockchains do not exist in a singular form. One of the most ef...

Introduction What components make up the blockchain ecosystem? One common method of categorization is to view it as a series of internet protocols arranged in layers. The blockchain ecosystem can be divided into the following layers: Layer 0: The infrastructure that supports multiple Layer 1 blockchains. Layer 1: The foundational blockchain used for developing decentralized applications (DApps) and other functions. Layer 2: Scalability solutions that handle activities from Layer 1 blockchains...

Introduction What components make up the blockchain ecosystem? One common method of categorization is to view it as a series of internet protocols arranged in layers. The blockchain ecosystem can be divided into the following layers: Layer 0: The infrastructure that supports multiple Layer 1 blockchains. Layer 1: The foundational blockchain used for developing decentralized applications (DApps) and other functions. Layer 2: Scalability solutions that handle activities from Layer 1 blockchains...

Introduction With the surge in demand for cryptocurrencies, some blockchains are facing challenges related to their capacity limits. When a blockchain's processing power is insufficient, network congestion and high transaction costs follow. To address these issues, the industry is actively researching and testing scalability solutions aimed at enhancing transaction throughput and speed. These solutions can be broadly categorized into two types: Layer 1 and Layer 2. Layer 1 scalability so...

Introduction With the surge in demand for cryptocurrencies, some blockchains are facing challenges related to their capacity limits. When a blockchain's processing power is insufficient, network congestion and high transaction costs follow. To address these issues, the industry is actively researching and testing scalability solutions aimed at enhancing transaction throughput and speed. These solutions can be broadly categorized into two types: Layer 1 and Layer 2. Layer 1 scalability so...

Is Unichain Really a "Defection" from Uniswap? According to official information, the launch of Unichain aims to address several challenges faced by DeFi, including cost, efficiency, and the need for seamless cross-chain exchanges amid liquidity fragmentation. In simple terms, the Uniswap team intends to enhance user experience and strengthen product competitiveness by establishing a unique Layer 2 network. Opinions on this initiative vary widely. While there are positive assessments, controv...

Is Unichain Really a "Defection" from Uniswap? According to official information, the launch of Unichain aims to address several challenges faced by DeFi, including cost, efficiency, and the need for seamless cross-chain exchanges amid liquidity fragmentation. In simple terms, the Uniswap team intends to enhance user experience and strengthen product competitiveness by establishing a unique Layer 2 network. Opinions on this initiative vary widely. While there are positive assessments, controv...

Digital Currency Market In the digital currency market, Ethereum (ETH), as the second-largest cryptocurrency, appears to be unresponsive to the recent market recovery, continuing its lackluster performance, particularly in terms of on-chain activity, price action, and investor sentiment. By analyzing the fluctuations in Ethereum's on-chain data, I believe that Ethereum is accumulating strength in preparation for a potential upward movement. ETH On-Chain Data Fluctuations According to Int...

Digital Currency Market In the digital currency market, Ethereum (ETH), as the second-largest cryptocurrency, appears to be unresponsive to the recent market recovery, continuing its lackluster performance, particularly in terms of on-chain activity, price action, and investor sentiment. By analyzing the fluctuations in Ethereum's on-chain data, I believe that Ethereum is accumulating strength in preparation for a potential upward movement. ETH On-Chain Data Fluctuations According to Int...