Analysis and summary of major encryption events:

1. Circle's #USDC Cross-chain Transfer Protocol (CCTP) is not difficult to understand in terms of technical principles: USDC is destroyed on the original chain and then USDC is minted on the target chain. The implementation of this protocol can improve the utilization rate and capital efficiency of USDC, not only optimizing It improves the user experience and improves the ecological liquidity of USDC;

2. Privacy is a sector that conflicts with regulation. I personally don’t think its investment significance is very great. However, various privacy protocols have received good financing this year. Buterin previously named #SBT , which has set off a small industry. trend, so you can keep a certain amount of attention on privacy agreements at present, and consider doing a popular science or research report related to privacy agreements in the near future;