Search result of GEEK

Within the bustling realm of Bitcoin's Layer2 arena, Merlin stands out with its multi-billion dollar TVL, attracting considerable attention. Web3 enthusiast and founder Faust delves into Merlin Chain’s technical framework, offering an interpretation of its publicly disclosed documents and the thought process behind its protocol design. This analysis aims to provide readers with a clear understanding of Merlin's operational workflow and its security architecture.

The existence of OEV has resulted in value redistribution among different stakeholders, and API3 claims to use an auction mechanism to make the OEV redistribution as reasonable as possible (allocated through market mechanisms), and try to bring faster and lower-cost price updates.

RGB++ is a new asset trading protocol that combines the RGB protocol and a public chain that supports UTXO to achieve globally verifiable asset data storage. It sacrifices privacy but improves ease of use and is suitable for Defi scenarios. Users can directly operate RGB asset containers on UTXO chains such as CKB/Cardano in their Bitcoin accounts, or use the transaction folding function to reduce costs. However, it should be noted that isomorphic binding requires a public chain that supports the UTXO model.

This article introduces privacy projects represented by Tornado, which truly utilize the zero-knowledge property of the ZK-SNARK algorithm, while most projects under the ZK banner only use the succinctness of ZK-SNARK. Often, people confuse the difference between Validity Proof and ZK, and Tornado serves as an excellent example to understand the application of ZK.

This article provides a brief explanation of the RGB and RGB++ protocols, aiming to help readers quickly understand the design and operation principles of these two special P2P asset protocols. The RGB protocol emphasizes users independently verifying the security and privacy of data, while RGB++ utilizes a third-party public chain to provide a verification layer, optimizing user experience. By comparing the similarities and differences between the two, the article explains how RGB++ improves transaction convenience through homomorphic bindings while maintaining a certain level of privacy.

The article provides a detailed introduction to the design philosophy, functional features, and the underlying technological accumulation and market potential of TicNote, showcasing the long-term exploration and innovative achievements of Outrider in the field of human-computer interaction.

Norma Chu, founder of DayDayCook (DDC), has incorporated Bitcoin into the company’s balance sheet by securing an initial strategic reserve of 100 BTC. This makes DDC the world’s first female-led company to establish a strategic BTC reserve. This article outlines DDC’s full trajectory—from content creation and entrepreneurship to public listing, and now to Bitcoin treasury strategy—while exploring Bitcoin’s transformation from an outsider to a mainstream asset class. Two unconventional narrative outliers use authentic conviction and a long-term perspective to challenge and influence the mainstream financial system.

This article provides a technical interpretation of Arbitrum One by Luo Benben (罗奔奔）, former technical ambassador of Arbitrum and former co-founder of Goplus Security, a smart contract automation audit company.

The article begins with the fundamental principles and technical details of Ordinals technology, analyzing its developmental trajectory and examining the importance and roles played by Segwit and Taproot upgrades. It then delves into the concept of recursive inscriptions, explaining their innovative uses through real-world cases.

This article focuses on what exactly data availability is.

Recursive inscriptions allow inscriptions to interact with each other, enabling new use cases. The generation of art, on-chain displays, and efficient storage has now become a reality. We can expect promising applications in art generation, chain games, metaverse, and more with the adoption of recursive inscriptions, as killer-level applications are believed to be brewing in the future.

Introduce Tezos, a venerable Blockchain network, in clear, logical, and easy-to-understand language, using a storytelling writing style.

Explore how zero-knowledge proofs (ZK) can be integrated into Bitcoin, focusing on two approaches for SNARK verification: enabling OP_CAT in Bitcoin scripts and leveraging BitVM. While OP_CAT would allow direct SNARK support within Bitcoin scripts, BitVM introduces fraud proofs and Chain State Proofs to lower verification costs.

Cellula is a gamified asset issuance protocol that uses virtual proof of work (vPOW) and the Conway Game of Life algorithm to simulate the POW mining process to distribute assets fairly. It allows the use of any Token as a reward, through players "cultivating" cells in a virtual environment, where the growth of the cells determines the mining power and rewards.

The explosive popularity of Bitcoin inscriptions has ignited interest in inscriptions on popular EVM chains. However, I believe that while the EVM ecosystem inscriptions are merely a spillover effect of Bitcoin's inscriptions, the truly valuable assets will emerge within the Bitcoin ecosystem itself. The renowned Bitcoin smart contract layer, RGB, has introduced its first tradable inscription asset: $RGBS. Issued by the BitRGB platform, users can trade and purchase $RGBS directly on BitRGB. The most valuable assets will always emerge at the forefront of the industry, making BitRGB’s $RGBS an asset worthy of attention and research.