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Author: Haotian  Editior: WuBlockchain On Octorber 19th, Lightning Labs, the Lightning Network developer, released the mainnet alpha version of Taproot Assets, signifying that it is now possible to create stablecoins and other assets on the Bitcoin network. These assets are entirely controlled by Bitcoin’s Script scripting feature, decentralized, and ultimately applied through the Lightning Network. At first glance, it seems like Bitcoin is entering a true era of BRC20. So, what is the technical implementation logic of Taproot Assets? How does it differ from BRC20 on Ordinals? Will it bring about another wave of BRC20 token issuance frenzy? Let’s try to objectively interpret these questions. Technical Implementation Logic In my previous introduction to BitVM, I discussed the limited yet achievable programming capabilities of Bitcoin. These capabilities involve writing “simple code” in the Script script of Taproot addresses and executing it as instructions for spending UTXOs. In the con...

Source: https://twitter.com/kkwud1/status/1653749184514920449 https://twitter.com/mrJk888/status/1653756613801693185 Editor’s note: This article is a retrospective of the IEO process for SUI by Chinese airdrop hunters . Its main focus is to provide a view of the working process of an IEO studio for readers who are not familiar with this field. The accuracy of the data related to the lottery results and actual profits in this retrospective has not been verified, and the results of IEO investment depend on the probability of winning the lottery, which is subject to chance. Readers should avoid survivorship bias. There is a case where someone participated in the Bybit SUI IEO by creating 180 accounts, but ultimately 179 of them were frozen, even though each account was operated from a fixed IP address. In a nutshell, the team obtain ed 650,000 $SUI from the recent SUI IEO on KuCoin and OKX. On April 15th, upon learning about the SUI IEO on OKX and KuCoin, the team quickly checked the $OK...

1. ETH’s weekly summary a. ETH Research Grant announces round 2 recap and result link The Ethereum Research Grant has completed its second funding round at DoraHacks.io. Out of the 26 teams that applied for the grants, five were chosen to receive grants of $5,000 in total based on their community voting ranking. Here are the grantees selected from the 2nd round applicants of ETH Research Grant, ranked by MACI community voting: Antsyb, Eigen Network, Topia, DeGov MODEL, MemeBook. b. Ethereum node operators urged to upgrade ahead of Shanghai/Capella upgrade link All node operators on Ethereum are encouraged to upgrade their nodes in advance of the upgrade, which is scheduled to activate on April 12, 2023 at 6:27 PM (ET). The maximum bug bounty for identifying a vulnerability in the Shanghai/Capella upgrade has been doubled from $250,000 to $500,000 between now and the time of the fork. 2. MakerDAO to keep USDC as its primary reserve link On March 24, the MakerDAO community voted to keep ...

Author: @0xMavWisdom The VR track project has regained attention with the recent CZ shoutout, and just in time Highstreet is riding the wave with a marketing partnership with Jay Chou. CoinGecko data shows that Highstreet’s native Token HIGH rose over 300% in January, and the floor price of the Genesis NFT Forever Fomo Duck Squad has risen from 0.55E at the beginning of January to the current 1.3E. Dubbed “Shopify on a Chain,” Highstreet is a business-centric metaverse platform that combines shopping, gaming, NFT, legacy brands and cryptocurrency brands with MMORPG (massively multiplayer online role-playing game) gaming experiences. Founded by Travis Wu and Jenny Guo, Highstreet was formerly known as LumiereVR, a company founded in 2015 with virtual reality as its primary means of doing business. The VR company’s predecessor coupled with partnerships with great hardware manufacturers like HTC gave Highstreet the technical foundation to build its metaverse. Like Axie Infinity, Star Atla...