Blockchain

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.

Chain abstraction is a crucial direction for future development, aiming to allow users to enjoy the benefits of decentralization seamlessly. The CEO of Cycle Network believes that chain abstraction and self-custody will be future trends, making it easier for users to integrate into the decentralized world. With the development of rollup technology, layer2 and layer3 applications will see a significant explosion. Cycle Network hopes to address issues such as multi-chain deployment and cross-chain interaction, allowing the industry to return to an era where application development is the core. Cycle is a trustless omnichain ledger that utilizes ZK Rollup technology for fast multi-chain data movement and simplifies multi-chain ledger technology through an indexing mechanism.

Ethereum is a blockchain protocol known for its toolkit, smart contracts, and code-aligned ecosystem, heavily relying on ethers.js (a Javascript library) to provide the necessary potency for its developer-centric approach.

This article introduces the technical implementation of Ethereum and proposes a solution to apply machine learning to the Ethereum network to enhance security, efficiency, and scalability. Innovations have been made in Ethereum's transactions, consensus mechanisms, signature algorithms, data storage, and execution architecture. Machine learning can be applied to Ethereum for optimizing transaction processing, smart contract security, user segmentation, and network stability. Models like RFM and algorithms like DBSCAN can help identify high-value users and customize financial services. In the future, Ethereum can develop more complex machine-learning applications to improve network efficiency and security, and even achieve AI-driven governance mechanisms.

Ethena Labs, the developer of the Ethereum stablecoin USDe, recently announced the launch of its public Mainnet and introduced the “Shard Event” to incentivize users. Backed by Dragonfly Capital and other prominent institutions, the project raised over $14 million, outlining Ethena’s mission and why it is crucial for the success of cryptocurrencies!

The article discusses the potential of TON as a public chain that ranks in the top 20 by market capitalization but performs poorly in terms of trading volume and TVL. By explaining concepts such as public chains, ecosystem development based on Telegram, and new forms of value transfer in content, it demonstrates TON's differentiated experience and development prospects in the Web3 field.

A decentralization rating of BTC, ETH, SOL, XRP, ADA, AVAX, and TRX using six indicators shows ETH and ADA as the most decentralized, with XRP and TRX being the most centralized. The study employs a simple model to gauge decentralization, with ETH rated the highest and SOL more decentralized than BTC. However, no single blockchain dominates in all aspects, necessitating a multi-dimensional approach to assess decentralization.

DAOs are vital tools for keeping blockchain networks open, and Wyoming has passed a new bill to incorporate them into the legal entity framework and provide protections. DUNA is a new type of entity structure that can be seen as a Web3 version of a town council, addressing the legal challenges faced by DAOs, allowing them to enter into contracts with third parties, pay taxes, and have limited liability. DUNA also permits DAOs to engage in for-profit activities, provides reasonable compensation to members, and reduces the ability to extract value. A16Z CRYPTO plans to promote its application in Web3 by developing decentralized governance proposals and helping portfolio companies adopt the DUNA structure.

In the Web3 project, ownership issues in the token economy based on blockchain technology. In fact, tokens are not equivalent to asset ownership. By analyzing several typical categories such as governance tokens, game equipment, financial assets, and "chain reform" assets, we deeply explored which tokens truly have asset ownership.

The article explores the new possibilities that Web3 brings to social networks, including decentralized social protocols and cryptocurrency incentives. Protocols like Farcaster and Lens offer innovative experiences and address the cold-start problem of social networks. Applications such as Friend. Tech and DeSo have also attracted a large number of users by tokenizing creator earnings and introducing new monetization methods. In the future, the infrastructure of cryptocurrency will bring millions of users into the crypto space, accelerating the development of Web3 social networks.

Nibiru Chain, an emerging Layer1 public chain, focuses on enhancing the security and speed of DeFi applications, with over $20 million in funding secured. The article delves into Nibiru Chain's core protocol, ecosystem development plans, and security considerations for developers when building applications.

The article explores community construction and value flow in the Web3 era, and the role of NFT and tokens in it. NFTs are scarce and can unite communities and values. Blockchain technology realizes the flow of value among community members and solves the problem that Internet platforms cannot motivate the most active members. NFTs and tokens will become important tools for community building in the future. Web3 native social networking makes it easier for communities to identify and motivate their most active members. NFT holder data can be used to build on-chain activities. Platforms such as Farcaster allow users to discover on-chain content and record user engagement. The arrival of commercial incentives will change the definition of Web3 communities, and community value depends on user quality and participation. Financial incentives will help engineers focus.

Dencun upgrade is far from the end of the L2 battle, so what dimensions should be monitored for its subsequent impact on the L2 sector?

This article compares six major liquid restaking protocols, helping investors understand their differences and make informed choices based on their priorities.

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.