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。
In the recent market, the three most unavoidable characters are——institutional bull market. If it were to be distilled into two characters, it would be——Grayscale. You only need to know that it is the world's largest crypto asset management company. Its crypto trust scale has exceeded $10 billion. As of November 30, 2020, its holdings are as follows.
Ethereum's transition to PoS and the stop of 4G GPU mining are two factors that have made the doubt of "how much longer can Ethereum be mined" persist throughout GPU miners' entire 2020. The prospects of Ethereum mining also seem to be constantly questioned anew with the latest news from "2.0." Now, with the initial phase of Ethereum 2.0 about to unfold and mining on PoW chains continuing as usual, how should miners view the trends and how should they plan accordingly? What we want to tell miners first is "relax and keep mining," and then through this article, we analyze why Ethereum mining will maintain relatively stable performance in the short term.
Why? Because minimal governance allows stakeholders to rely on a protocol. This forms a virtuous cycle of adoption that can achieve the scaling that is difficult to achieve through other means. The best examples are successful traditional internet protocols, such as HTTP and SMTP. Look at the enormous power these protocols have today. It is minimal governance that has made them the standard that everyone relies on, with adoption far exceeding the levels reached by any enterprise. With the premise that governance remains important, this article explains minimal governance and speculates on its impacts.
Hello everyone, the crypto market has been very active recently. Today on Thanksgiving, I hope everything goes smoothly for everyone. DarmaCash (DMCH), the most promising project of 2021, underwent a hard fork at block height 830,000. Let me decode the key technical content of this hard fork for you: 1. Mobile wallet now supports Google Authenticator functionality (also known as two-factor authentication) 2. Support for sending messages (prototype of IM functionality) 3. Support for issuing native anonymous TOKEN (outpacing Ethereum smart contract token issuance) 4.
Recently, Cointelegraph and Crypto Research Report jointly released a landmark research report. The report presented research results on digital assets from more than 55 professional investment institutions to readers. Because professional institutional investors hold the majority of global wealth, their interest in digital assets is the fundamental driver of digital asset trading volume, price, and innovation. The 55 survey respondents come from pension funds, insurance companies, banks, asset management companies, and family offices.
事件解读、长篇研究,以及同步迁移和翻译后的分析内容。
In the crypto world, four years is a very important cycle, defined by Bitcoin's halving. Today, this cycle effect remains an important MEME in the crypto field and continues to influence people's decisions. Today we're talking about the changes in ETH under this four-year cycle. ETH is the native token of Ethereum, and ETH in 2017 versus ETH in 2021 is undergoing qualitative changes. From Planting to Harvest 2017 Ethereum Basically had no substantial ecosystem. In 2017, what made Ethereum hot was Initial Coin Offering. The main use case of Ethereum at that time was ICO fundraising.
According to Financial Times reports, the Libra stablecoin could hit the market as early as January 2021. It will first launch the Libra Dollar stablecoin, followed by stablecoins based on other fiat currencies. I believe that if Libra launches, it will bring at least the following impacts. First, Libra will expand the influence of the US dollar globally. The existing US dollar currently circulates on a centralized clearing and settlement system. The US dollar can only circulate within the scope that such a system can reach.
We are volunteers from the DARMA Cash (DMCH) project community. This community article mainly introduces how to quickly and easily build a PPoS node. Through node setup, everyone can clearly understand why the DMCH project will be the dark horse project for the next two years. Its security, privacy, and ease of use have already achieved the ability to surpass mainstream projects. Especially the sub-address functionality, which essentially adds another layer of protection at the privacy and anonymity level. The project's emphasis on security is welcome news for community supporters.
Yearn.Finance aspires to become the entrance to a host of yield-generating products in the Ethereum ecosystem. In less than three months, Yearn.Finance evolved from a relatively obscure credit matching service to one of the main drivers of the DeFi market, with a capital scale of $670 million (peak exceeding $1 billion), and positioned at the core of today's hottest industry trend--yield farming. Yearn's dominant position in yield farming is so compelling that some have treated its Token as a yield farming index.
LN Clear is a private blockchain network for payment channels where trading institutions can access counterparties, trade, and instantly settle over-the-counter (OTC) derivatives. LN Clear ensures that the entire process from trade confirmation to final settlement is safe, fast, and simple. lnclear.com homepage OTC Derivatives Instant Settlement Based on the Lightning Network, the first Bitcoin derivatives exchange for retail users, LN Markets, was successfully launched,
In 2020, decentralized exchanges (DEX) brought significant liquidity to many early-stage token projects and pioneered the concept of "liquidity mining." DeFi users only need to provide liquidity to earn returns. Now, the industry has seen several decentralized exchanges emerge. DEX aggregators (wholesale brokerage services) are very meaningful because they can facilitate trading and provide best trade execution across different liquidity pools.
On November 26, the final judgment document of the PlusToken Ponzi scheme case that shocked the global cryptocurrency industry was released. A person from Changsha, Hunan with only junior high school education raised 310,000 Bitcoin; 9.17 million Ethereum; 51 million+ EOS, and more. The model was also very simple: Ponzi + MLM, collecting funds and promising interest with upline and downline development. The focus of attention from all circles has mostly been on the 190,000 Bitcoin, 830,000 Ethereum, 27.24 million EOS and other assets seized by public security authorities.
Derivatives are financial instruments whose value is linked to underlying assets. Derivatives can serve as a means to obtain leveraged returns on related assets or simply to hedge positions. Essentially, they provide traders with greater choice, allowing them to adjust the risk of related spot positions, whether increasing leverage or hedging downside risk. These financial products are common in both traditional finance and cryptocurrency asset classes. Derivatives are numerous, from futures contracts, options, collateralized debt obligations, and the popular perpetual swap contracts in cryptocurrency trading.
I. Overview Ethereum 2.0, long jokingly referred to as "always eighteen months away", has finally achieved a breakthrough in recent weeks. Early this month, the Ethereum Foundation officially opened the ETH staking contract. This address successfully reached the minimum standards for Beacon Chain launch during the valid staking period. Barring any unforeseen circumstances, ETH 2.0 Phase 0 will officially launch on December 1st. Driven by these positive developments and Bitcoin's strong rally, Ethereum prices have surged throughout November.
As a major upgrade to Ethereum, the launch date of Ethereum 2.0 was confirmed after the number of validators staking reached the set threshold, which is December 1st. Ethereum will officially enter the 2.0 era. However, due to high difficulty and other reasons, Ethereum 2.0 will be implemented in phases in parallel. The current phase is called "Phase 0".
According to Debank data, DeFi lending leader Compound experienced liquidations totaling $87,837,568 yesterday afternoon. November 26th proved to be another extraordinary day. After days of rapid gains, the crypto market suffered a significant pullback today, with exchange quote pages filled with red, mainstream coins such as BTC, ETH, and XRP all experiencing double-digit percentage declines. 24-hour contract liquidations reached $1.373 billion. However, the story didn't end there.
This year, good news has been flowing in the financial markets, with stocks, gold, and crypto taking turns rallying. Have you captured any of these opportunities? If you keep missing out, why not listen to the "crypto bull market" opportunities we want to discuss today. All signs suggest that although Bitcoin is approaching all-time highs, this may not be the end of this rally. As investors, there are essentially two ways to participate: buying coins or mining. Coin buying requires timing and strategy, while mining is more like dollar-cost averaging and periodic unlocking, which is quite suitable for the current slow bull market trend.
With ETH2.0's transition to PoS, the Staking market will welcome its largest player. On the other hand, the rise of DeFi has caused more assets to flee Staking to participate in DeFi applications with higher yields, and the decline in staking rates seriously threatens the security of PoS public chains. Against the backdrop of conflict between DeFi and Staking, Staking liquidity has become the only viable solution to resolve this conflict. Staking liquidity may therefore become a golden track for dark horses to emerge in the future.
Have you ever wondered who holds all the Bitcoin? Bitcoin addresses are publicly viewable, but it's difficult to determine who actually owns the wallets. Fortunately, the internet has memory. Blogger Kevin Rooke compiled a public list of Bitcoin holders based on internet data, including many listed companies, fund companies, and the U.S. government (which holds more Bitcoin than all listed companies combined).
Ethereum has two types of accounts: Externally Owned Accounts (EOA) and Contract Accounts (CA). EOAs are controlled by private keys, while CAs are controlled by smart contract code contained within them. EOAs have always been more privileged than CAs because only EOAs can initiate transaction execution by paying gas. Account Abstraction (AA) is a proposal that would allow contracts to become a "top-level" account like an EOA, capable of paying fees and initiating transaction execution.
In my view, flash loans are the most magical building block in the DeFi Lego. However, because they are often associated with hacker attacks and there aren't yet enough applications based on them, the full appeal of flash loans has not been revealed. So I tried to write this article, hoping to abstract some possible meanings of flash loans starting from small use cases. However, rising to the level of significance may seem like overreaching. Please take this article only as a personal perspective and viewpoint.
This article mainly studies DeFi's impact on major crypto projects. DeFi has developed rapidly in recent times, with main directions including stablecoins, lending, trading, and fundraising. Ethereum is the primary beneficiary of the DeFi boom, with most well-known DeFi projects built on Ethereum. From the perspective of supply and demand, DeFi projects will drive ETH price appreciation. Bitcoin participation will promote DeFi development. Other public chain projects should actively participate in DeFi.
Blockchain has had close ties with payment systems since its inception. Satoshi Nakamoto invented blockchain with the hope of creating Bitcoin as a peer-to-peer electronic cash system. Ripple and Circle conducted early attempts at cross-border payments based on blockchain. The Libra project claimed to establish a simple global currency and financial infrastructure empowering billions based on blockchain.
Finance is the scenario where blockchain is most easily implemented. Over the past year, we have seen various decentralized financial products in the Ethereum ecosystem, many bearing the shadow of traditional financial products, such as decentralized lending, trading, and derivatives. However, finance pursues efficiency, and Bitcoin's network processes 5 transactions per second, Ethereum 15 transactions per second, compared to Visa's average of 2,000 transactions and peak of tens of thousands, they seem like products from different eras. Blockchain's TPS (transactions per second) largely limits the adoption of blockchain, which in turn limits inclusive finance.
Ethereum 2.0 is a false peak, with both its demands and solutions having fundamental logical flaws. Not only will it fail completely, but it will also bring worse impacts to the entire crypto community. Data scaling is a pseudo-demand. "Scaling" this obsession has brought Ethereum in 2014, BCH in 2017, EOS in 2018, Polkadot and Cosmos in 2019, DeFi in 2020, and "Ethereum 2.0" in 2021 to the crypto world.
In recent attacks, hackers have returned millions of dollars to victims, and some have simply left money on the table when they could have taken more. Hacker attacks plague rampantly, with hackers using various methods to steal funds, but throughout it all has been associated with one word... Recalling the plot of "The Matrix," Morpheus, who guided the protagonist Neo to explore the Matrix, said that the Oracle (The Oracle) has served the resistance "from the very beginning."
On the evening of November 24, DeFi protocol Pickle Finance announced its merger with yearn.finance, which from current observations may be Pickle's best solution to respond to the hacker attack. According to YFI founder Andre Cronje's article, developers from Pickle and Yearn have designed a structure that allows the two projects to work synergistically and symbiotically. The merger is intended to reduce duplicate work, increase specialization, and share expertise.
On November 24, 2020, Bitcoin rose over 1,000 USD in a single day, reclaiming the 19,000 USD high for the first time in nearly three years. More importantly, Bitcoin has accumulated a 150.66% gain since the beginning of this year. In comparison, gold in the same period rose only 23.2%, the S&P 500 rose 11.72%, and the US dollar index fell -4.37%. Unbeknownst to many, the Bitcoin bull market has quietly arrived. If nothing unexpected happens, Bitcoin will firmly take the top position in asset returns performance for the year.
Centrifuge's introduction of real-world assets from physical industries onto the chain has always been a blockchain technology application case that Chain News focuses on. Recently, Centrifuge partnered with Securitize, these two asset tokenization pioneers are attempting to jointly explore hybrid finance "HyFi," bringing real-world assets and compliance services into the DeFi ecosystem.
Finance is the scenario where blockchain is most easily implemented. Over the past year, we have seen various decentralized financial products in the Ethereum ecosystem, many bearing the shadow of traditional financial products, such as decentralized lending, trading, and derivatives. However, finance pursues efficiency, and Bitcoin's network processes 5 transactions per second, Ethereum 15 transactions per second, compared to Visa's average of 2,000 transactions and peak of tens of thousands, they seem like products from different eras. Blockchain's TPS (transactions per second) largely limits the adoption of blockchain, which in turn limits inclusive finance.