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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.

LSD, short for Liquid Staking Derivatives, refers to derivative products of liquidity staking. Staking is based on Proof of Stake (POS) and Delegated Proof of Stake (DPOS) mechanisms, requiring users to prove ownership of a certain amount of digital currency. Users only need to lock a certain amount of cryptocurrency in a crypto wallet or exchange for a period of time to earn profits. Profits include block rewards generated by smart contracts. Additionally, if using smart contracts with lending functionality, investors acting as lenders earn interest income when others need to borrow a certain type of cryptocurrency.

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.

This guide explores the selection of blockchain development tools that will help push the development of cross-chain applications closer to widespread adoption. Blockchain interoperability opens up new possibilities for cross-chain transactions, decentralized applications, and efficient value exchange, similar to how a unified browser enables easy navigation across different domains of the internet. As web3 continues to evolve and converge, we look forward to witnessing a seamless connection and interaction between blockchains and their associated technologies.

Meta Description: Handshake is a protocol that offers a decentralized solution for top-level domains in the DNS. This article introduces its features, tokens, minting processes, and ways of accessing domain names, along with some basic information. It also offers an analysis of its adoption data and prospects.

Explore Port3 Network, a Web3 AI data network revolutionizing data integration, with insights on its features, PORT3 token, and the latest developments.

Here's how to strengthen your defenses against phishing scams and other scams. Let’s dive into 10 simple steps you can use to ensure your assets stay safe and your journey to the cryptocurrency frontier is smooth.

"Starting to care about politics through a meme," this is a reflection of the past decade of American politics becoming entertainment in the realm of imagery.

Cointelegraph reported on the strategic collaboration between Fiat24 and Safepal DApp wallet, which has introduced a Web3 banking gateway and a virtual encrypted payment Visa card for the DApp wallet, enhancing its usability. Fiat24 is a financial technology company recognized by the Swiss Financial Market Supervisory Authority, which has launched a Web3 banking protocol entirely built on public blockchains, offering users a range of Web3 banking services. Fiat24's innovation has gained regulatory approval and was awarded the honor of Best Emerging Bank in 2022. The Layer Protocol can help Fiat24 seamlessly integrate into the Blockchain Network, bringing significant ecosystem value to DApps/DeFi. Traditional cross-border payments still rely on channel fees, while Web3 Native can unleash new vitality and embrace community ecosystems.

Today, blockchain stands as a disruptive force with transformative implications across industries. This article introduces the extended applications of blockchain in various industries in 2024.

The author argues that the term “Crypto” has lost its meaning because it no longer refers to a specific asset class. For example, the MKR token exhibits both stock-like and fixed-income characteristics, and the DAI token also has fixed-income characteristics. Therefore, categorizing assets as stocks, fixed income, and “Crypto” is meaningless. “Crypto” is merely a database technology rather than an asset class. Hence, the best approach is to completely abandon this term.

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.

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!

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.