Bitcoin

Bitcoin is the world's first cryptocurrency, created in 2008 by the mysterious genius called Satoshi Nakamoto. Bitcoin has a limited total supply and the strongest community. With its price going all the way up to where it is today, Bitcoin is more and more seen as modern society’s "digital gold".

Articles (381)

Latest
All You Need to Know About Bitcoin Layer2 BEVM
Beginner

All You Need to Know About Bitcoin Layer2 BEVM

This article introduces the prospective Bitcoin Layer2, BEVM. It is EVM-compatible, uses Bitcoin as a gas fee, and aims to promote the rapid development of the Bitcoin ecosystem.
Mar 26, 2024
Bitcoin Layer 2 Protocols Overview: Is BTC L2 Summer Near?
Beginner

Bitcoin Layer 2 Protocols Overview: Is BTC L2 Summer Near?

The rise of Bitcoin Ordinals has injected new vitality into the Bitcoin ecosystem, reigniting interest in Bitcoin. This has also led to the emergence of many new Bitcoin Layer 2 projects. This article selects four of the most popular projects on the market: BEVM, Merlin, B² Network, and BounceBit, to interpret their highlights and advantages.
Mar 25, 2024
Analysis of B^2 new version technical roadmap: The Necessity of Off-Chain DA and Verification Layers for Bitcoin
Beginner

Analysis of B^2 new version technical roadmap: The Necessity of Off-Chain DA and Verification Layers for Bitcoin

B^2 Network is a decentralized Data Availability (DA) and storage platform that addresses data compression and verification issues using an off-chain DA network. It aims to reduce dependence on the Bitcoin main network. The B^2 Hub functions as a DA layer and off-chain verification layer, similar to Celestia, to prevent data withholding and other malicious activities. In the future, B^2 Network plans to incorporate Bitcoin Layer2 to establish a universal DA layer and data storage layer within the Bitcoin ecosystem. The B^2 Hub node validates transaction batches, while storage nodes compete for block production rights to earn incentives. The workflow of B^2 Network involves the sequencer creating new blocks, the aggregator sending them to the Prover for ZK proof generation, and the B^2 Hub node verifying and transmitting the data hash to the Bitcoin chain. As a universal DA and verification layer, B^2 Hub has the potential to enhance other Bitcoin second-layer solutions.
Mar 24, 2024
A Deep Dive into Merlin Chain’s Rapid Rise
Beginner

A Deep Dive into Merlin Chain’s Rapid Rise

BTC L2 is a hot topic in the blockchain space, with a variety of projects vying for dominance. Among these projects, Merlin Chain has emerged as a strong contender, often being compared to ETH L2 solutions as a representative of the Western world.
Mar 22, 2024
The Upsurge of Bitcoin Ecosystem — A Panoramic View of its Application Layer
Intermediate

The Upsurge of Bitcoin Ecosystem — A Panoramic View of its Application Layer

The focus of the Bitcoin ecosystem's development lies in supporting market activities. Mainstream Layer2 solutions include the Lightning Network, sidechains, and Rollups. The Lightning Network enables peer-to-peer payments by establishing off-chain payment channels, while sidechains achieve this by locking Bitcoin assets and minting equivalent assets on the sidechain. Within the Bitcoin ecosystem, there are also stablecoin protocols and various DeFi projects. Unlike Ethereum, Bitcoin's Layer2 solutions offer multiple choices. The Lightning Network has the potential to achieve high TPS (transactions per second) but carries centralization risks. Sidechain solutions, similar to Ethereum, can issue assets equivalent to Bitcoin at a 1:1 ratio. Additionally, there are various cross-chain bridge solutions and Bitcoin-based DeFi protocols, such as B2 Network, Merlin Chain, and Alex. The Bitcoin ecosystem will serve as a crucial engine for this bull market, with various DeFi protocols, stablecoin protocols, and cross-
Mar 22, 2024
Bitcoin NFT Full Narrative
Beginner

Bitcoin NFT Full Narrative

The champions of Pixel NFTs have dominated half of the top 10 spots on the recent BTC NFT hot list, with their avatars composed of small squares. Pixel art NFTs, carrying the nostalgic memories of the 1980s, have become a phenomenon in social circles. The unique style of NFTs attracts both investors and gamers, forming communities and seeking a sense of belonging. NodeMonkes has swiftly risen to become one of the top 3 NFT projects in the crypto world, despite controversies, within just two months. The Jubilee upgrade will bless all inscriptions, and cursed inscriptions will become discontinued, potentially marking a new beginning for the Bitcoin ecosystem. On January 5, 2024, the last cursed inscription was carved on a rare Cong, becoming the final swan song. Rare Satoshi’s carry extremely high premiums, with Block 9 being the oldest among them, and no new Satoshis will be created. The champions of Pixel NFTs have dominated half of the top 10 spots on the recent BTC NFT hot list, with their avatars composed
Mar 22, 2024
15 Mistakes You Need to Avoid During Bull Markets
Intermediate

15 Mistakes You Need to Avoid During Bull Markets

In the world of cryptocurrency trading, to prevent potential losses, we should keep in mind some important advice: don't blindly pursue excessively high returns, stay away from emotional trading behaviors; establish clear stop-loss mechanisms, maintain investment flexibility; avoid attempting to sell all at once at market peaks, consider exiting gradually; deeply understand the psychological state of investors and maintain a calm mindset. The author advocates for keeping investment strategies simple and clear, staying away from impulsive decisions made in response to market sentiment.
Mar 22, 2024
The Ultimate Guide to Bitcoin Ordinals and Inscription
Intermediate

The Ultimate Guide to Bitcoin Ordinals and Inscription

This article explores inscriptions and their applications on the Bitcoin blockchain, as well as the associated theory of ordinals. By clarifying the confusion between the terms "ordinals" and "inscriptions," this article will help readers understand these two concepts more clearly, delving into their technical foundations and potential impacts on Bitcoin and the crypto industry.
Mar 22, 2024
Overview of 5 Leading Projects in BTC L2 Merlin Ecosystem
Intermediate

Overview of 5 Leading Projects in BTC L2 Merlin Ecosystem

Merlin Chain currently supports Bitcoin protocols including BRC20, BRC420, Bitmap, Ordinals, and will soon support Atomicals, Stamp, Runes, etc. According to official sources, there are currently hundreds of dApps in preparation or online. In a recent AMA, Merlin Chain also announced collaborations with 5 DApp projects. This article will briefly introduce the basics of these pioneering projects.
Mar 22, 2024
Seven indicators help you determine the right time to exit.
Intermediate

Seven indicators help you determine the right time to exit.

In the article, we organize seven indicators signals worth investors' attention during a bull market, perhaps providing you with clues to successfully "exit at the peak." Through various indicators and signals, we assist traders in judging market trends and macro conditions.
Mar 22, 2024
Thoughts on Stages of the Bull Market Cycle
Intermediate

Thoughts on Stages of the Bull Market Cycle

This article aims to logically deduce potential differences between the bull market cycle in 2024 and previous cycles. Additionally, it presents personal reflections and strategies for navigating the current market conditions.
Mar 20, 2024
Understanding BTC L2 Stablecoin Protocol, Satoshi Protocol
Beginner

Understanding BTC L2 Stablecoin Protocol, Satoshi Protocol

This article introduces Satoshi Protocol, the first Bitcoin Layer 2 project compatible with BEVM for EVM development experience. It will guide readers through various aspects of the protocol and how to participate in the Testnet activities. By understanding Satoshi, readers will gain a rough impression of the trends in BTC Layer 2 development.
Mar 20, 2024
Technical Analysis of Particle Chain
Advanced

Technical Analysis of Particle Chain

Based on chain abstraction technology, MerlinChain enables BTC and other derivative assets to be cross-chained to Layer2, establishing an application protocol ecosystem and providing liquidity markets. Through the BTC-Connect platform of Particle Network, users can securely trade in their wallets, solving the problem of interaction between different chains.
Mar 20, 2024
Detailed explanation of Bitcoin Layer 2 network Stacks
Beginner

Detailed explanation of Bitcoin Layer 2 network Stacks

This article introduces how Stacks brings smart contracts to the Bitcoin blockchain and discusses the investment value of the STX token. Stacks achieves symbiosis with Bitcoin through the POX consensus mechanism, where miners earn STX rewards by producing blocks, and holders earn BTC rewards by participating in Stacking. Stacks also implements the sBTC mechanism, allowing smart contracts to read Bitcoin state and settle transactions on the Bitcoin chain. With a first-mover advantage, Stacks' ecosystem covers areas such as wallets, NFTs, DEX, DeFi, etc., and STX, as the native token, holds long-term investment value. With the development of the Bitcoin L2 track, the Stacks ecosystem is poised for significant growth, demonstrating enormous potential.
Mar 20, 2024
In-depth Analysis of Merlin Chain: How to Fortify the Security Line of 3 Billion TVL
Intermediate

In-depth Analysis of Merlin Chain: How to Fortify the Security Line of 3 Billion TVL

Merlin Chain is a ZK Rollup Bitcoin second-layer network supported by multiple types of native Bitcoin assets and compatible with EVM, launched by the famous BRC-420 blue box and Bitmap team. BRC-420 and Bitmap demonstrate excellent data performance in the market. Bitmap is produced with BTC blocks, with 144 new blocks added every day, and the transaction volume is approximately 600 BTC.
Mar 19, 2024
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