1. How Babylon Unlocks the Secure Value of Bitcoin?
In the era of modular blockchain led by Ethereum, providing security services through integrating the Data Availability (DA) layer is no longer a novel concept. Currently, the introduction of shared security through staking has provided a new dimension to the modular field – leveraging the potential of “digital gold and silver” to offer security across Bitcoin, Ethereum, and numerous blockchain protocols and public chains. This narrative is quite grand, as it not only unlocks the liquidity of trillions of dollars worth of assets, but also serves as a key factor in future scaling solutions. For example, the recent Bitcoin staking protocol Babylon and Ethereum re-staking protocol EigenLayer raised $70 million and $100 million respectively, demonstrating the strong support of leading venture capital firms in this field.
2. A Quick Look at EigenLayer’s AVS Ecosystem
Actively Validated Services (AVS) merge the scale of web2 with the trust of web3, opening the door to the next iteration of the network: distributed systems and custodial assets. In this article, we will quickly explore EigenLayer’s AVS ecosystem.
3. Prague-Electra (Pectra) Upgrade: The Next Upgrade of Ethereum Explained
The Pectra upgrade will follow “Dencun”, a merge of Deneb and Cancun upgrades, scheduled for March 2024. Technically, Dencun is an Ethereum hard fork aimed at reducing transaction fees for Layer 2 solutions. Pectra is a new milestone on the Ethereum development roadmap, set to launch in the first quarter of 2025. This timeline allows for additional features to enhance the Ethereum user experience (UX).
4. Settling Dust: How to Strategically Position High-Quality Addresses in the Bitcoin Ecosystem?
Gone are the days of windfall gains out of nowhere. Strategically positioning high-quality addresses in the Bitcoin ecosystem is a long-term project that requires planning and low costs, rather than a momentary impulse after seeing others receive airdrops. Maintaining high-quality addresses must be a deliberate and ingrained operational behavior, making it easier to adhere to in the long run. With minimal costs, aim for maximum returns. The core resource: addresses. What defines a high-quality address?
5. 3 Indicators Suggesting Ethereum Price Downtrend is Not Over Yet
After the approval of the Ethereum Exchange Traded Fund (ETF), Ethereum rose to $3,972, but in the past week, it performed poorly compared to Bitcoin and the broader cryptocurrency market, dropping by 10%. This has led traders to question whether the downtrend of altcoins has already come to an end.
