IntroductionRecently, the call for a LayerZero airdrop has been gaining momentum. In this article, we will follow the clues and organize information related to the potential basis and internal logic of the LayerZero airdrop based on observations from Web3CN. LayerZero is a protocol designed for multi-chain interoperability, with its primary goal being lightweight information exchange between different chains. It encompasses the following key features:Omnichain Interoperability: The term "Omni...

IntroductionRecently, the call for a LayerZero airdrop has been gaining momentum. In this article, we will follow the clues and organize information related to the potential basis and internal logic of the LayerZero airdrop based on observations from Web3CN. LayerZero is a protocol designed for multi-chain interoperability, with its primary goal being lightweight information exchange between different chains. It encompasses the following key features:Omnichain Interoperability: The term "Omni...

"Bitcoin - The Global Reserve Currency for Financial Asset Settlement Liquid - The Future Backbone of the Global Financial System" - Blockstream The birth of Bitcoin marked the beginning of decentralized finance, introducing a series of revolutions to the traditional financial system. However, despite Bitcoin's impressive security and decentralization, it faces challenges, such as scalability and the ability to handle a large number of on-chain transactions. This is where the Liquid Netw...

"Bitcoin - The Global Reserve Currency for Financial Asset Settlement Liquid - The Future Backbone of the Global Financial System" - Blockstream The birth of Bitcoin marked the beginning of decentralized finance, introducing a series of revolutions to the traditional financial system. However, despite Bitcoin's impressive security and decentralization, it faces challenges, such as scalability and the ability to handle a large number of on-chain transactions. This is where the Liquid Netw...

Market Data01 Mainstream Coin Data AnalysisIn the past week (August 18th - August 24th), the average number of active addresses on the Bitcoin blockchain was 967,100, showing a 0.5% decrease compared to the previous period. The average transaction volume on the blockchain was 700,000 BTC, marking a 17% decrease. The seven-day average hash rate stood at 394.13 EH/s, indicating a 2.3% decrease. The current price of Bitcoin is $26,133.5. Following last week's drop in the price of Bitcoin fr...

Market Data01 Mainstream Coin Data AnalysisIn the past week (August 18th - August 24th), the average number of active addresses on the Bitcoin blockchain was 967,100, showing a 0.5% decrease compared to the previous period. The average transaction volume on the blockchain was 700,000 BTC, marking a 17% decrease. The seven-day average hash rate stood at 394.13 EH/s, indicating a 2.3% decrease. The current price of Bitcoin is $26,133.5. Following last week's drop in the price of Bitcoin fr...

Market Data01 Mainstream Coin Data AnalysisIn the past week (August 26th to September 1st), the average number of active addresses on the Bitcoin blockchain was 915,400, a decrease of 5% compared to the previous week. The average on-chain transaction volume was 847,000 BTC, an increase of 21% compared to the previous week. The seven-day average hash rate was 366.95 EH/s, a decrease of 6.8%. The current price of Bitcoin is $26,003.5. On Wednesday of this week, Grayscale achieved a legal victor...

Market Data01 Mainstream Coin Data AnalysisIn the past week (August 26th to September 1st), the average number of active addresses on the Bitcoin blockchain was 915,400, a decrease of 5% compared to the previous week. The average on-chain transaction volume was 847,000 BTC, an increase of 21% compared to the previous week. The seven-day average hash rate was 366.95 EH/s, a decrease of 6.8%. The current price of Bitcoin is $26,003.5. On Wednesday of this week, Grayscale achieved a legal victor...

One of the key factors behind Ethereum's tremendous success is its thriving smart contract-driven Web3 ecosystem, which provides a range of decentralized platforms and applications. By building various smart contracts and token projects on top of Ethereum, it has offered cryptocurrency users an economical and permissionless way to interact. Through decentralized platforms and peer-to-peer interactions, the evolving multi-chain Web3 ecosystem has given rise to the emergence of a circular ...

One of the key factors behind Ethereum's tremendous success is its thriving smart contract-driven Web3 ecosystem, which provides a range of decentralized platforms and applications. By building various smart contracts and token projects on top of Ethereum, it has offered cryptocurrency users an economical and permissionless way to interact. Through decentralized platforms and peer-to-peer interactions, the evolving multi-chain Web3 ecosystem has given rise to the emergence of a circular ...

Market Data01 Analysis of Major Cryptocurrenciesin the past week (August 11th to August 17th), the average number of active addresses on the Bitcoin blockchain was 971,000, showing a 0.5% increase compared to the previous period. The average transaction volume on the blockchain was 857,500 BTC, marking a 12% rise. The seven-day average hash rate reached 403.68 EH/s, with a 1% increase compared to the previous period. The current price of Bitcoin is $26,576. In the early hours of Friday this w...

Market Data01 Analysis of Major Cryptocurrenciesin the past week (August 11th to August 17th), the average number of active addresses on the Bitcoin blockchain was 971,000, showing a 0.5% increase compared to the previous period. The average transaction volume on the blockchain was 857,500 BTC, marking a 12% rise. The seven-day average hash rate reached 403.68 EH/s, with a 1% increase compared to the previous period. The current price of Bitcoin is $26,576. In the early hours of Friday this w...

Bitcoin, as the earliest and most popular blockchain, witnesses hundreds of thousands of transactions every day. However, in its initial design, Bitcoin prioritized security within its decentralized framework, which led to the neglect of scalability issues. As a result, people predominantly perceive Bitcoin as a digital asset and a store of value. While Bitcoin has always been known for its security and decentralization, its limited transaction speed hinders its ability to effectively process...

Bitcoin, as the earliest and most popular blockchain, witnesses hundreds of thousands of transactions every day. However, in its initial design, Bitcoin prioritized security within its decentralized framework, which led to the neglect of scalability issues. As a result, people predominantly perceive Bitcoin as a digital asset and a store of value. While Bitcoin has always been known for its security and decentralization, its limited transaction speed hinders its ability to effectively process...

Rollkit is a modular Rollup framework that empowers developers to deploy Rollups across the entire modular stack, including Sovereign Rollup and Settlement Rollup. In March of this year, Celestia, a modular blockchain platform, announced its modular Rollup framework product Rollkit's support for Bitcoin Sovereign Rollup, enabling Rollkit Rollups to utilize Bitcoin's data availability. This report will delve into what challenges the first modular framework supporting Bitcoin Sovereig...

Rollkit is a modular Rollup framework that empowers developers to deploy Rollups across the entire modular stack, including Sovereign Rollup and Settlement Rollup. In March of this year, Celestia, a modular blockchain platform, announced its modular Rollup framework product Rollkit's support for Bitcoin Sovereign Rollup, enabling Rollkit Rollups to utilize Bitcoin's data availability. This report will delve into what challenges the first modular framework supporting Bitcoin Sovereig...

1. $BALD and Friend tech's Explosive GrowthIn late July of this year, the tranquility of the Base chain was shattered by a meme token named $BALD. Not only did BALD create a sensation due to its explosive gains in a short period, but also because of the myth of wealth behind it, capturing the attention of the entire internet and sparking widespread interest in the Base ecosystem. Surprisingly, without the support of cross-chain bridges, the total value locked (TVL) on the Base chain surg...

1. $BALD and Friend tech's Explosive GrowthIn late July of this year, the tranquility of the Base chain was shattered by a meme token named $BALD. Not only did BALD create a sensation due to its explosive gains in a short period, but also because of the myth of wealth behind it, capturing the attention of the entire internet and sparking widespread interest in the Base ecosystem. Surprisingly, without the support of cross-chain bridges, the total value locked (TVL) on the Base chain surg...

Bitcoin was the first cryptocurrency project, designed as a secure, decentralized, and censorship-resistant network, gaining widespread trust among the public, and becoming the most important blockchain project. However, the Bitcoin base layer is very simple, which has made it the most secure, decentralized, and censorship-resistant blockchain, but lacking in additional functionality. Even today, the primary function of the Bitcoin blockchain network remains value transfer. In comparison, oth...

Bitcoin was the first cryptocurrency project, designed as a secure, decentralized, and censorship-resistant network, gaining widespread trust among the public, and becoming the most important blockchain project. However, the Bitcoin base layer is very simple, which has made it the most secure, decentralized, and censorship-resistant blockchain, but lacking in additional functionality. Even today, the primary function of the Bitcoin blockchain network remains value transfer. In comparison, oth...

Since 2020, the DeFi sector has experienced rapid growth, with Total Value Locked (TVL) surging from $600 million to $37 billion, a 60-fold increase. As blockchain on-chain transaction usage expands rapidly and DeFi application scenarios flourish, blockchain networks are becoming increasingly congested, necessitating mainnet scalability solutions. However, the question arises: why don't Bitcoin and Ethereum opt for direct increases in block capacity to accommodate more transactions? The ...

Since 2020, the DeFi sector has experienced rapid growth, with Total Value Locked (TVL) surging from $600 million to $37 billion, a 60-fold increase. As blockchain on-chain transaction usage expands rapidly and DeFi application scenarios flourish, blockchain networks are becoming increasingly congested, necessitating mainnet scalability solutions. However, the question arises: why don't Bitcoin and Ethereum opt for direct increases in block capacity to accommodate more transactions? The ...

2023 undoubtedly marks a significant milestone in the expansion of the Bitcoin blockchain ecosystem. From the introduction of concepts like Ordinals and the RGB protocol, to the emergence of Bitcoin Stamps and the BRC20 standard, the call for supporting the development of the Bitcoin ecosystem grows stronger. In the past, very few NFT enthusiasts would have considered the Bitcoin network, with most opting for Ethereum or dedicated NFT blockchains. This remained true until early 2023 when Case...

2023 undoubtedly marks a significant milestone in the expansion of the Bitcoin blockchain ecosystem. From the introduction of concepts like Ordinals and the RGB protocol, to the emergence of Bitcoin Stamps and the BRC20 standard, the call for supporting the development of the Bitcoin ecosystem grows stronger. In the past, very few NFT enthusiasts would have considered the Bitcoin network, with most opting for Ethereum or dedicated NFT blockchains. This remained true until early 2023 when Case...