1. Founder of Multicoin: Counting the Seven Hidden Costs of Modular Blockchain

Over the past two years, the scaling debate has narrowed and finally centered on the core issues of modularity and integration. (Note that encryption parlance often confuses “monolithic” and “integrated” systems. Over the past 40 years, there have been many technical debates over both integrated and modular systems at various layers of the stack. This conversation in encryption should also be framed through the same lens; this is by no means an entirely new debate). click to read

2. Bankless joint creation: How Intent controls MEV robots

If you ask what is the one activity that Ethereum does best, it should be large-scale digital asset transactions. We don’t call it a “settlement layer” for nothing — different DEXs, different tokens, different reasons to trade… but the vast majority of activity on Ethereum L1 is aimed at simply swapping tokens. click to read

3. Storytelling and online rights Can Ctrip play NFT overseas?

In the past few years, many commercial brands have emerged in the practice of laying out NFT and digital collections. Many companies look forward to finding growth points beyond traditional businesses by being close to the Web3 group and young audiences. Sadly, most attempts end up being a particularly short-lived marketing campaign that doesn’t have chemistry with the actual business. click to read

4. How to capture the recovery signal and survive the cold winter in the cooling market

In September 2020, an innovative term “NFT (Non-Fungible Token)” began to slowly come into people’s field of vision and was captured by a few early players and institutions. And starting from February 2021, NFT has completely begun to grow explosively, with a weekly trading volume of more than 2 million US dollars, and within a few months, the total market value of most NFT projects has increased by as much as 2000%, and a large number of outsiders have squeezed their heads Learn and get in. click to read

5. Is the future of MEV, the future of the encrypted world, the importance of the MEV track underestimated?

When Ethereum still uses the PoW mechanism, MEV stands for “value extracted by miners”. Under the POS mechanism, miners have been replaced by verifiers, and MEV stands for “maximum extractable value”. Under PoW, a small number of opaque mining pool operators control transactions Sorting and obtaining benefits are different. Under the PoS mechanism, the right to arbitrage the ordering of transactions in the block is open to anyone, and open the market by playing different roles to participate in block space arbitrage. GP Dan of Paradigm classified MEV into EIP-1559 burn, hedging, rebalance loss, and price changes before and after the transaction. The understanding of breaking the obscure term MEV is that any part or all of the value captured by transaction ordering privileges on any chain can be classified as a certain kind of MEV, so now the arbitrage behavior on the chain is sometimes collectively referred to as MEV, and MEV is also regarded as A by-product, permissionless incentive in the blockchain that users can withdraw on a first-come, first-served basis. click to read