所有正式发布的分析稿都会进入这里,包括鸵鸟区块链迁移存档,以及 HashSpring 后续持续发布的深度内容。
The crypto market experienced explosive growth in the first quarter of 2021, with hot tracks like DeFi and NFT welcoming numerous major financing events. Mainstream investment institutions such as Singapore's Government Investment Fund, DST Global, and Tiger Global are increasingly entering the crypto market, while IDOs have emerged as a popular financing choice for many crypto projects.
Bitcoin Market Overview The Bitcoin market traded within a relatively narrow 5.4% range this week, with a low of $57,168 and a high of $60,265. Bitcoin has now reached a full week milestone of over $1 trillion in market capitalization. To maintain this position, all Bitcoin would need to exceed $53,566. This represents strong confidence in Bitcoin and the entire cryptocurrency asset class. On-chain activity has continued to reinforce this position, with trading volume equivalent to over 10% of circulating supply occurring above the $1 trillion threshold. Meanwhile, miners have returned to accumulation mode, with on-chain indicators almost completely reset.
On February 20, 2021, Bitcoin's total circulating market value reached $1 trillion, claiming the first Holy Grail. Congratulations to our crypto economy industry! Continuing from the previous article, one fundamental viewpoint from "The Holy Grail Search 2.0 (Part 1)" is: "Over the past 29 months—the period from The Holy Grail Search publication to today—Bitcoin's development pace has exceeded that of smart contract platforms. Here 'development' includes both productivity advancement resulting from actual utility improvements and attraction increases resulting solely from changes in perception."
This article is a latest discussion proposed by Vitalik in the Ethereum Researchers Forum, following up on the implementation ideas of EIP1559 put forward by Ethereum research scientist Barnabé Monnot. Below is the original translation, with the team adding annotations and minor edits to some terms. Special thanks to @barnabe for proposing similar ideas early on.
The author of this article, Peter Johnson, is the investment lead at Jump Capital. Since joining Jump Capital as the first employee in 2013, he has invested in more than 50 companies, including many leading cryptocurrency companies. Jump Capital is a subsidiary of Jump Trading Group, which is one of the largest private trading companies in both traditional and crypto markets.
事件解读、长篇研究,以及同步迁移和翻译后的分析内容。
This article is compiled from the official Polkadot Wiki documentation, primarily answering questions related to Polkadot validators and parachains. It was translated by PolkaWorld, the first Chinese community for Polkadot. Is network security related to the number of validators? What about the number of parachains? Network security is not related to the number of parachains connected to the Polkadot relay chain, but is related to the number of validators. This is because the more validators there are, the stronger the decentralization characteristics of the network, and the harder it is to attack.
After a full year of complete isolation, our team finally gathered in Dubai (after taking many precautions), a city barely affected by COVID-19, and spent a week there. While we did engage in some well-deserved entertainment activities, most of the time was spent on discussions, working group meetings, and brainstorming to refine the final form of the zkSync 2.0 design. The result of a week of intensive work is this new development roadmap. We are excited to share this plan with you.
Uniswap recently launched the third version (V3) of its highly acclaimed decentralized exchange (DEX). External reactions have been mixed, with the main debate centered on how V3 changes the uncertainty of dynamics between active and passive liquidity providers (LPs). Reactions have been decidedly mixed. Given the predictive article released by Parsec Research in the fall of last year, "Uniswap's Success Opportunity Lies in Replicating Citadel the King of Hedge Funds' Sharpe Ratio", it is necessary for us to conduct a follow-up analysis.
Author | Tan Shu Editor | Colin Wu 1. Unstable Stablecoins On March 31st, the algorithmic stablecoin project Fei began fundraising and ended on April 4th. During this period, Fei raised a total of 639,000 ETH, valued at nearly 1.3 billion dollars, becoming the DeFi project with the most fundraising in history. At the same time, the project team airdropped the project's governance token TRIBE to participants in proportion to the amount of ETH they provided.
Recently, DeFi players discovered that two exchanges, Huobi and Binance, respectively supported on-chain mainstream asset deposits to the exchange for Binance Smart Chain (BSC) and Huobi Eco Chain (Heco). This means that assets on the BSC chain can be directly deposited to Huobi exchange, and assets on Heco can also reach Binance without going through Huobi. The two exchange public chains have from time to time produced eye-catching applications due to ecosystem development. As a result, DeFi users' funds often need to be transferred between BSC and Heco, but the two public chains lack a direct asset cross-chain bridge, making the operation process cumbersome.
Author | Tan Shu Editor | Colin Wu In recent days, on the OTC trading platforms of many exchanges, the price of USDT exchanged for Chinese Yuan has shown a premium. Taking a certain exchange as an example, on April 4th, the price of USDT on Huobi OTC reached 6.79 yuan, while the foreign exchange rate for USD was 6.56 yuan, showing a premium of up to 3%.
At 3 AM Beijing time on April 4th, the decentralized stablecoin protocol FEI completed the 3-day Genesis Group phase, reportedly raising 639,000 ETH and minting 1.3 billion FEI, while also bringing over 2.6 billion dollars in liquidity to Uniswap. In terms of data, FEI's popularity exceeded the imagination of the vast majority of people, and it rose to become the largest algorithmic stablecoin project by scale.
I. Project Introduction REEF is currently listed on Binance and Huobi, with a price of around 0.04 USDT and a circulating market cap of 456 million dollars, ranking 144th in circulating market cap. Reef is a cross-chain DeFi aggregator built on Polkadot: 1. Aggregating DEX and CEX liquidity. Reef's InfinitySwaps is built on top of DeFi protocols such as Uniswap, Curve, Compound, and Balancer.
Currently, Ethereum's problem is that the more users it has, the slower Ethereum becomes and the higher the usage costs. The increasingly deteriorating user experience has attracted important competitors such as Binance Smart Chain (BSC), Solana, and Polkadot to vie for the smart contract platform throne. Ethereum's continued dominance depends on its ability to increase throughput and reduce fees. Even if advanced Ethereum users have no interest in terms like ZK-Rollups, Sharding, or Plasma, the future of the world's most active blockchain depends on these.
On March 19, Coinbase, a major compliant cryptocurrency exchange in the US, reached a settlement with the CFTC (US Commodity Futures Trading Commission) over allegations of improper trading volume reporting and "self-trading," resulting in a $6.5 million fine. Meanwhile, the company announced it would postpone its IPO to April.
In recent days, Ethereum's price has been on an upward trend, having reached the $2,000 mark earlier before falling below it again and then recovering. While the second half of 2020 and all of 2021 witnessed exponential growth in ETH, interestingly, how DeFi in 2021 became a key driver behind ETH's growth is worth our attention. Compared to Ethereum's price at the beginning of the year, the mainstream cryptocurrency grew by more than 180% in just three months.
Polkadot The 21st public referendum has begun voting. The purpose of this referendum is to add 3 validators in each era across 234 eras, for a total of 702 new validators! However, it is currently in a failing state! https://polkadot.polkassembly.io/referendum/21 Web3 Foundation's Raul explained that parachain teams recommend maintaining a lower number of validators to achieve low return variance results, earlier parachain launch, and consensus stability.
It has been some time since the last comprehensive "roadmap" for stateless Ethereum was released, and much has changed. It seems it's time to "write it all down" again. What We Are Not Doing We are not solving the stateless mining problem. We are not solving the DSA (Dynamic State Access) problem, nor are we planning to attach witness data to transactions for execution purposes. Critical Path It is difficult to determine exactly what our goal is. However, I believe that as long as we focus on the needs, a goal gradient will naturally emerge.
"Lightweight blockchain" is the characteristic Mina is most known for, but in fact Mina's larger vision is to build an ecosystem centered around zero-knowledge proofs. Whether it's for public chain functionality, applications, or other networks that can achieve interoperability with Mina, all can be implemented through Mina.
Simple risks of pure implied volatility. This appears in the form of tradable futures on volatility indices—a tool common in traditional markets. Deribit is taking the first step in this direction by launching its own Bitcoin volatility index, DVOL, with the goal of soon launching futures on this index. This index uses the implied volatility of related expiries to output a number, providing a measure of 30-day annualized implied volatility.
On March 31, SushiSwap officially released its Q1 update. Sushi included an "easter egg" at the end of this update—the Q2 roadmap. Based on the roadmap, Sushi's development in Q2 is worth anticipating. The roadmap not only mentions "lending and margin trading platform" Kashi again, but also mentions key terms like limit order mode, V2 version AMM (likely referring to V2 version SushiSwap), and the currently popular NFT trading platform.
Source: CryptoCompare Compiled by: Chen Yiwanfeng Preface Bitcoin has proven to be a viable asset class that investors can use to diversify their existing portfolios. Over the past few years, it has attracted significant attention from traditional market investors. Due to its limited supply schedule that cannot be manipulated by any central government, it has become a popular asset class for those concerned about currency inflation during the COVID-19 pandemic.
In Q1 this year, the digital currency market continued the prosperity that began in the second half of last year. According to CoinMarketCap statistics, the total market capitalization of digital currencies surged from $7.7 trillion at the beginning of the quarter to $19.6 trillion at the end of the quarter, an increase of 154.88%. In addition to mainstream assets like BTC and ETH performing well, Q1 also saw impressive performance from multiple concept assets in the digital currency market, such as NFT concept, storage concept, streaming media concept, and social token concept.
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In the previous article, we discussed Gavin Wood, the soul figure behind Polkadot's birth. In this article, we continue to discuss Polkadot's current status and future. Before we start, let's first understand the latest situation about Polkadot in the market: On April 1st, at the Polkadot & Friends Beijing event (NFT special session), Polkadot founder Gavin Wood stated that Kusama parachains may launch within days.
If we look back two years, few would have predicted such massive growth in the DeFi market. In 2019, DeFi's total locked value was only 2 million USD, but now it has exceeded $65 billion, achieving a 10,000-fold increase; In 2021, the decentralized finance industry witnessed explosive growth from NFT, with people discovering that DeFi's relevance to real-world use cases is increasing. Besides NFT, there is another use case in the crypto world that "perfectly matches" traditional markets: financial lending.
After much anticipation, Polkadot's parachain slot auction has finally begun. The current phase is its test environment Rococo. This is only a test auction environment, not using real capital for bidding. However, based on the projects that won the auction, when the actual slot auctions on Kusama and Polkadot begin, the projects that win initially will likely be the same. The three projects that won in the Rococo test environment parachain slot auction are Acala, Plasm, and Kilt.
Preface This article introduces the "Fei" protocol FEI and FEI stablecoin. The goal of Fei Protocol is to keep the ETH/FEI trading price tightly tracking ETH/USD price and maintain high market liquidity. FEI adopts a novel stablecoin mechanism, which we call "direct incentive mechanism" to achieve this goal.
Visa has announced that it will use Ethereum for USDC payment settlement. This means that part of Visa's payment network will use USDC for payments, and these payment transactions will be settled on the Ethereum network. Will this stimulate ETH to rise? 「Visa processes tens of billions of dollars in transactions daily across more than 200 markets globally, and has now officially announced acceptance of its first USDC USD stablecoin payment settlement transaction, which is pegged 1:1 to the US dollar.
Recently, FIL's rapid surge has attracted market attention. As the earliest digital asset platform to launch FIL perpetual contracts, OKEx has been closely monitoring FIL's actual operations and future development. Additionally, in the blockchain field, the valuation and pricing of cryptocurrencies has always been a market focus. Therefore, let's take this opportunity of FIL's price surge to use the industry's latest valuation methods and tools to explore how much upside potential FIL still has.