Rollup, as the current mainstream Layer2 scaling solution, has contributed to Ethereum's pursuit of scalability, and the two Rollup solutions, OptimisticRollup and ZKRollup, have gradually been validated by the market. After this, Layer2 scaling began to welcome the multi-Rollup direction, where anyone can quickly launch their rollup using SDKs, and run applications on the rollup with high performance and low cost. In the future of Layer2 scaling, Rollup is gradually taking the dominant ...

Rollup, as the current mainstream Layer2 scaling solution, has contributed to Ethereum's pursuit of scalability, and the two Rollup solutions, OptimisticRollup and ZKRollup, have gradually been validated by the market. After this, Layer2 scaling began to welcome the multi-Rollup direction, where anyone can quickly launch their rollup using SDKs, and run applications on the rollup with high performance and low cost. In the future of Layer2 scaling, Rollup is gradually taking the dominant ...

When we talk about the development of Bitcoin, the first person that comes to mind is Satoshi Nakamoto, who in 2008 released the Bitcoin whitepaper titled "Bitcoin: A Peer-to-Peer Electronic Cash System," which gave birth to the Bitcoin protocol. Like most software implementations, regular maintenance and upgrades to the Bitcoin protocol are crucial. Since Bitcoin is not controlled by a single entity, development and maintenance must be achieved through consensus among network participants. E...

When we talk about the development of Bitcoin, the first person that comes to mind is Satoshi Nakamoto, who in 2008 released the Bitcoin whitepaper titled "Bitcoin: A Peer-to-Peer Electronic Cash System," which gave birth to the Bitcoin protocol. Like most software implementations, regular maintenance and upgrades to the Bitcoin protocol are crucial. Since Bitcoin is not controlled by a single entity, development and maintenance must be achieved through consensus among network participants. E...

Market Data01 Analysis of Major CryptocurrenciesIn the past week (July 29th - August 3rd), the average number of active addresses on the Bitcoin blockchain was 967,000, showing a 4.3% increase compared to the previous period. The average transaction volume on the blockchain was 682,000 BTC, marking a 1.7% increase. The seven-day average hash rate reached 376 EH/s, representing a 3.5% increase. The current price of Bitcoin stands at $29,200. During this week, Bitcoin attempted to break the $30...

Market Data01 Analysis of Major CryptocurrenciesIn the past week (July 29th - August 3rd), the average number of active addresses on the Bitcoin blockchain was 967,000, showing a 4.3% increase compared to the previous period. The average transaction volume on the blockchain was 682,000 BTC, marking a 1.7% increase. The seven-day average hash rate reached 376 EH/s, representing a 3.5% increase. The current price of Bitcoin stands at $29,200. During this week, Bitcoin attempted to break the $30...

1.BackgroundZero-Knowledge Proofs (ZKPs) bring a rapid transformation to the scalability and privacy of blockchain. So far, the Ethereum community has widely adopted this technology and made significant progress. According to official data from L2beat, two Ethereum Layer 2 chains, zksync and starknet, both based on zk rollup technology, have a combined Total Value Locked (TVL) of 538 million. Additionally, it is worth noting that the decentralized exchange dYdX, which also utilizes zk-rollup ...

1.BackgroundZero-Knowledge Proofs (ZKPs) bring a rapid transformation to the scalability and privacy of blockchain. So far, the Ethereum community has widely adopted this technology and made significant progress. According to official data from L2beat, two Ethereum Layer 2 chains, zksync and starknet, both based on zk rollup technology, have a combined Total Value Locked (TVL) of 538 million. Additionally, it is worth noting that the decentralized exchange dYdX, which also utilizes zk-rollup ...

1. IntroductionBefore we can understand OmniBOLT, we need to know something about OmniLayer. OmniLayer is a protocol for creating and trading customized assets on the Bitcoin network.OmniLayer is neither a fork of Bitcoin nor a standalone network, but rather a meta-layer on top of Bitcoin. It is essentially a software layer built on top of the Bitcoin blockchain that enhances the functionality of Bitcoin through its own additional features.OmniLayer allows tokenization and execution of other ...

1. IntroductionBefore we can understand OmniBOLT, we need to know something about OmniLayer. OmniLayer is a protocol for creating and trading customized assets on the Bitcoin network.OmniLayer is neither a fork of Bitcoin nor a standalone network, but rather a meta-layer on top of Bitcoin. It is essentially a software layer built on top of the Bitcoin blockchain that enhances the functionality of Bitcoin through its own additional features.OmniLayer allows tokenization and execution of other ...

AbstractThis research paper provides an in-depth look at the Stacks project, an innovative blockchain technology designed to link itself to the Bitcoin chain through its unique consensus mechanism, Proof of Transfer (POX), which allows for a high degree of decentralization and scalability without the need to add additional contextual impact.Stacks enables Bitcoin to become a fully programmable asset through the provision of smart contracting capabilities, which in turn can provide a wider ran...

AbstractThis research paper provides an in-depth look at the Stacks project, an innovative blockchain technology designed to link itself to the Bitcoin chain through its unique consensus mechanism, Proof of Transfer (POX), which allows for a high degree of decentralization and scalability without the need to add additional contextual impact.Stacks enables Bitcoin to become a fully programmable asset through the provision of smart contracting capabilities, which in turn can provide a wider ran...

Bitcoin's slow transaction throughput has long been a concern for its users. While Bitcoin's security and decentralization have been its strengths, its limited transaction speeds have hindered its ability to efficiently process large numbers of transactions. In the first half of the year, from the Bitcoin ecosystem NFT to BRC-20 tokens swept through the entire Bitcoin network, with more and more people coming into the field, the BTC miner network has become more congested and costly...

Bitcoin's slow transaction throughput has long been a concern for its users. While Bitcoin's security and decentralization have been its strengths, its limited transaction speeds have hindered its ability to efficiently process large numbers of transactions. In the first half of the year, from the Bitcoin ecosystem NFT to BRC-20 tokens swept through the entire Bitcoin network, with more and more people coming into the field, the BTC miner network has become more congested and costly...

Starknet 0.12.0 was deployed on the mainnet on July 12th, achieving higher throughput and lower latency. Before reading this article, you need to have a preliminary understanding of the concept of zero-knowledge proofs: Zero-knowledge proofs are cryptographic concepts and interactive forms of proof. Let's take a classic example: A is colorblind to red and green, while B has two balls, one red and one green. To A, these two balls appear to have the same color. B needs to prove to A that o...

Starknet 0.12.0 was deployed on the mainnet on July 12th, achieving higher throughput and lower latency. Before reading this article, you need to have a preliminary understanding of the concept of zero-knowledge proofs: Zero-knowledge proofs are cryptographic concepts and interactive forms of proof. Let's take a classic example: A is colorblind to red and green, while B has two balls, one red and one green. To A, these two balls appear to have the same color. B needs to prove to A that o...

Market DataMainstream Cryptocurrency Data In the past week (July 21st to July 27th), the average number of active addresses on the Bitcoin chain was 926,400, a decrease of 2.5% compared to the previous week, and the average transaction value on the chain was 670,000 BTC, a decrease of 21% compared to the previous week. The average seven-day hash rate was 364.12 EH/s, a decrease of 5.2% compared to the previous week, and the current price of Bitcoin is $29,262. This week, after Bitcoin's ...

Market DataMainstream Cryptocurrency Data In the past week (July 21st to July 27th), the average number of active addresses on the Bitcoin chain was 926,400, a decrease of 2.5% compared to the previous week, and the average transaction value on the chain was 670,000 BTC, a decrease of 21% compared to the previous week. The average seven-day hash rate was 364.12 EH/s, a decrease of 5.2% compared to the previous week, and the current price of Bitcoin is $29,262. This week, after Bitcoin's ...