๐ Excited for JuChain's Space ep2!
Can't wait to dive into the new paradigm of asset launching & uncover the 'hidden part' of the pipeline. Set your reminder and join us for the insights $WOW fam! ๐
โฐ 8pm UTC+8, May 12th
๐ https://t.co/YdvNHyhhdg
#WOWEARN#JuChain
7/ The Bitcoin ecosystem has seen significant growth in scaling and programmability, introducing new DeFi primitives on the native chain as well as Layer 2s. There has also been development around token standards like Ordinals, Runes and BRC-20, expanding Bitcoin's capabilities.
๐ง #Runes Service Optimization
๐ธWe've optimized bulk minting fee calculation for Runes. The larger the bulk minting quantity, the greater the savings.
For example, after optimization, minting 1,000 Runes is expected to save around 30% on fees compared to before.
1/2
Everyone wants to buy $DOG but they can't
They only have access to buy testnet dogs on the top CEXs like @binance
When the day comes that $DOG is given a fair chance with equal access to liquidity every testnet dog will be brought to their knees by the eternal power of #Bitcoin
#Bitcoin $173,500 target for the Bull Run? ๐ฏ
By simply analyzing market structure and incorporating Fibonacci extensions, it seems likely that #BTC could reach its cycle peak within the range of $173k to $224k.
What's your take ?
Bitcoin's entire value proposition rests of censorship-resistance, which can only be guaranteed by decentralized miners competing to produce blocks.
The current state of Bitcoin mining decentralization is, unfortunately, not great. Many large pools which were previously thought to be independent now seem to be mere proxies for AntPool, with the same transaction selection policies.
Fortunately, there is hope.
Stratum V2 is an upgrade to Bitcoin's pooled mining protocol which allows miners, not the pools they mine for, to choose the transactions included in each block. This allows miners to pool in order to reduce payout variance, without giving up their ability to construct block templates.
https://t.co/Wymz2E84u9
Stratum V2 has been in development for a long time, but it works, it's basically ready, and it's time for serious testing.
If you're a miner, consider giving one of your engineers time and a few machines to experiment with Stratum v2, point them at @DEMAND_POOL, a Stratum v2 mining pool, see how things work, and report anything that goes wrong. I'm sure there are fine folks who would love to help you in the Stratum V2 Discord.
https://t.co/8E1tXo9RYx
GHLF! It's high time that we get this transition underway.