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Gate Learn Weekly Must-Read ! Delayed Proof of Work, SATS, Turtsat, Bitcoin ecosystem, and Term Fina...
Gate Learn has released 9 new articles this week !
In blockchain technology, Delayed Proof of Work (dPoW) serves as an auxiliary consensus security algorithm designed specifically to enhance the security of blockchains vulnerable due to low hash rates. [Vitalik Buterin's "d/acc" philosophy ](https://www.gate.io/learn/articles/an-analysis-of-vitalik-buterins-dacc-philosophy/1378 "Vitalik Buterin's "d/acc" philosophy") emphasizes the advancement of technologies promoting defense, decentralization, and human prosperity, with a particular focus on the cautious development of AI and the empowering potential of blockchain technology.
Moving on to Satoshis (SATS), the smallest unit of Bitcoin, they have become more functional and practical through the BRC-20 protocol, evolving into a popular memecoin. Turtsat, an open-source, community-driven project, aims to become the Gitcoin of the Ordinals domain by fostering collaboration within the Ordinals community. The surge in attention to the Bitcoin ecosystem, from the early hype around Satoshis to the recent resurgence, highlights the rapid development and growing value of the Bitcoin ecosystem.
In the DeFi sector, the Nostra Finance project applies a general lending protocol framework in its product mechanism design. Although its token has not been released, market expectations exist for upcoming airdrops, and the protocol's future depends on the development of the StarkNet ecosystem. Term Finance is a fixed-rate lending protocol built on Ethereum, facilitating loan matching through periodic auctions, typically held every four weeks.
Exploring the BRC-20 standard, Bounce Finance specializes in "Auction as a Service," offering various auction products, including token and NFT auctions, real-world collectible auctions, advertising space auctions, SDKs, and plugins. BRC-420 is a Bitcoin chain asset management protocol based on the Ordinals and Bitmap protocols, established by Recursiverse (RCSV).
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Blockchain
- Delayed Proof of Work (dPoW): The Solution to Blockchain Foundational Security Issues
- An Analysis of Vitalik Buterin's
Inscriptions
- The Emergence of SATs: New Momentum in the Bitcoin Ecosystem
- What is Turtsat? All You Need To Know About TURT
- Research on the Bitcoin Ecosystem Inscriptions
DeFi
- All You Need to Know about Nostra Finance
- All You Need to Know about Term Finance
BRC-20
- What is Bounce Finance? Unveiling the Secrets of Its Success in the BTC Ecosystem
- Bitmap and BRC-420
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Gate.io TeamJanuary 17th, 2024
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