Starknet is a decentralized L2 protocol based on ZK-Rollup technology, an ultra-secure mechanism whereby inputs used by off-chain provers are not exposed on the blockchain. It is based on a highly scalable cryptographic proof system called STARK, enabling dapps to achieve unlimited scale without compromising Ethereum’s composability and security. StarkNet is L2 compatible with Ethereum at the language level. As a member of ZKR in L2, StarkNet's performance in terms of tps and gas far exceeds that of OPRs such as Optimism and Arbitrum.
Project highlights: In the Layer 2 field, StarkNet is ranked as the four kings along with Arbitrum, Optimism, and zkSync. Compared with Arbitrum and Optimism, StarkNet uses zk-Rollup, which can complete the packaging transaction without knowing who the verifier is. At the same time, there is no need for a seven-day waiting period when transferring assets across chains. StarkNet takes into account both privacy and scalability, especially the privacy and data security aspects of protecting users' transaction information, which is lacking in most Layer 2 expansion solutions today. Compared with zkSync in the same camp, zkSync uses zk-SNARKs as a zero-knowledge proof system, which is smaller and consumes less gas; while Starknet uses zk-STARKs, which has higher transparency and security. StarNet is an Efficient-enabled (aka ZK-enabled) layer 2 network that runs on top of Ethereum, allowing DAP to scale at scale without compromising security.
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Rich experience in the currency circle, you can ask any questions in the Gong Zongyu comment area
Ten years ago, if you had 1 million, you would buy a house in Xiamen. Now it has become about 5 million. Ten years ago, if you had 1 million, you would buy Moutai stocks. Now it's 30 million. Ten years ago, if you had 1 million, you would buy Tencent stocks. Now it is 50 million. Ten years ago, if you had 1 million to buy Bitcoin, it would now be 210 billion yuan. If you had 1 million yuan in the bank 10 years ago, you would only have about 1.4 million yuan now. Therefore, money will only increase in value if it flows like water. Just like people, if they don't exercise, their health will deteriorate and they will get sick. Therefore, saving money will only make you poorer and poorer. Saving money means letting the rich and banks use your money to make money, and you can only get the pitiful interest.
Only by letting money flow can it increase in value and achieve financial freedom. #cpi #BTC #ETH #xrp
Rich experience in the currency circle, you can ask any questions in the Gong Zongyu comment area
Start with "Freshman student, I have 6000RMB in hand and want to join the cryptocurrency industry. Do you have any suggestions?"
The pie has already cost 70,000 US dollars.
From the time I entered the market to now, there have been at least tens of thousands of encrypted digital currencies. Especially in 2018-19, new projects came out every day. Basically, they broke the market immediately, and the primary market suffered losses, let alone the secondary market. Projects Fang basically ran away in a few months. The people who were originally called the next Bitcoin have long since disappeared. Instead, Bitcoin and Ethereum have been leading the younger brother forward.
The retail investors who really make money in the currency circle still rely on cycles to make money. Let’s not talk about discovering contract loopholes and quantitative arbitrage. They are too far away from ordinary people and the operating threshold is too high. For us small retail investors, the safest thing is to wait for Bitcoin and When Ethereum fell by more than 70%, they started to place fixed investments to earn the next wave of dividends. Other stud dogs and those who played with them were just giving away money to most retail investors.
Wealth = new story + new gameplay + new concept
As mentioned in May last year, we focused on the Bitcoin ecosystem.
Bitcoin second layer + Bitcoin NFT + brc-20 + halving cycle = Bitcoin’s new narrative. Regardless of whether brc-20 has use value and investment value, this will add a new narrative to the pie, regardless of the future of this story. Whether it can really be done, but it will actually introduce a lot of new traffic to the pie
Those who participated in the last round of brc20 started with at least 10 times the head. The projects include: Ordi, Sats, Trac, Pipe, Ethi, Big Goose, BRC420 Blue Box, Bitmap and several more.
It’s all about the Bitcoin ecosystem.
The copycats have plummeted recently, and $ordi $sats has been trading strongly sideways. The next wave of gains may still be led by the big pie ecology. Next:
①The largest Web3 wallet in the world supports the implementation of the big pie ecosystem; ② Product delivery and beneficial implementation of BRC20 and improved protocols ③Layer 2 of Big Pie has been launched; the main narrative of Big Pie’s ecology has shifted from asset issuance to the explosion of second-tier applications.
BRC420 ecology explodes, tokenization begins in February, and the market value of the bull market is likely to exceed 5 billion
A new high! Bitcoin stands at US$71,000 per coin, becoming the eighth largest asset in the world by market capitalization
On March 11, Bitcoin stood at US$71,000 per coin, rising more than 2% within the day and continuing to hit new highs. According to companiesmarketcap statistics, the market value of Bitcoin has risen to US$1.398 trillion, surpassing silver (US$1.380 trillion) and becoming the eighth largest asset in the world by market value.
A reporter from "Daily Economic News" noticed that Bitcoin will usher in a new round of "halving" next month (April 2024). Historically, the "halving" has been an important factor in driving the price of Bitcoin.
"Having" refers to the halving of the rewards obtained after producing new blocks, which occurs approximately every four years, depending on the block generation speed of the Bitcoin network. This will reduce the supply of Bitcoin, with the block reward expected to drop from 6.25 BTC to 3.125 BTC on April 23, 2024.
Regarding the upcoming "halving", Kevin, founder of Web3 CD and CEO of Full Speed Innovation Capital, pointed out in an interview with a reporter from "Daily Economic News" that "this round of Bitcoin prices is different from the previous one. The previous cryptocurrency bull market was all after the halving, but this time it is before the halving, so this round of market may go out in a different way from the previous ones. However, at least for now Look, the cryptocurrency market as a whole is still in a relatively disorderly state, and no one can better predict the next trend.”
Bitcoin prices continue to rise, is there room for further upside?
According to the International Finance News, Gao Chengshi, executive member of the Blockchain Committee of the China Computer Society, believes: "In the short term, the price of Bitcoin is likely to rise further, and there will be some room for growth. In the long term, As the Bitcoin consensus further expands, more and more institutions and individuals will use it as an asset management and allocation tool, so its price will inevitably rise further in the long run."
Yu Jianing, co-chairman of the China Communications Industry Association’s Blockchain Committee, is also “optimistic” about the future development of the digital asset market. He said that the impact of the Bitcoin spot ETF can be compared to that of the gold ETF. Since the launch of gold ETFs, the gold market has experienced a long period of positive growth and witnessed significant price gains.Bitcoin spot ETFs may also follow a similar trajectory, bringing long-term growth potential to the market.
However, Yu Jianing also pointed out that macroeconomic conditions, especially global monetary policy and inflation rates, must be taken into consideration. These factors have historically had a profound impact on Bitcoin prices. Therefore, while some institutions are optimistic about Bitcoin's future performance, there is significant uncertainty in this prediction. This requires potential investors to see the high risk behind the high yield when considering investing in Bitcoin, and not to be controlled by FOMO (fear of losing opportunity).
Follow the public account: Niansi’s coin/Btc_0507
Through comprehensive, accurate and rapid interpretation, you can deeply understand and master the essence of blockchain! $BTC $ETH $SOL
How long does it take to make your first pot of gold in the currency circle? I think it depends on how much initial capital you have. If you have 100,000 yuan, it is certainly not difficult to earn 100,000 yuan. But in this field, nine out of ten people hope that 100 yuan can earn 1 million yuan. If you don’t have enough funds, you may have to gamble on luck, try various on-chain projects, or participate in projects like Dogecoin, Shibcoin or Dogecoin. Or try contract trading, follow the operations of professionals, and trade based on chart trends. Do you understand? Then you may be busy operating, even watching the market while eating, and even wiping your butt while looking at the market when going to the toilet. In just one hour, it is possible to experience three different emotions. First there was anxiety - then there was joy at escaping - and finally there was regret as to why the position had just been closed. If you have enough funds, you may feel it doesn't matter and just leave it there after purchasing. It's like being a participant in history, not just a spectator. If you want to make money, you need to spend more time studying. Successful millionaires may rely on luck, but small millionaires rely on learning! #BTC #ETH合约
How to make money without losing money in the currency circle (Part 1)
I have been working hard in the currency circle for almost 5 years, during which I have made profits and losses. I have done everything from ico to Dogecoin and mining, and have gone through three rounds of bulls and bears. Summarizing my countless operations, in the end, there is only one way to make money steadily. That is simple and crude: Buy in the bear market, sell in the bull market, and make sure you make a profit without losing money. Bull markets generally last for 6 months to 1 year, and bear markets generally last for 1 to 2 years. A bull-bear cycle lasts for 3 to 4 years. Seize the opportunity and earn at least 50%+ returns in every bull market, which is enough to outperform the returns of all types of financial management, stocks, and funds. Because this 50%+ income can definitely be earned, there is no suspense.
1. Only deploy in bear markets You must be patient and try your best to buy at the bottom of a bear market (although it is impossible to buy at the bottom of a real bear market). The conditions for judging the bottom of a bear market are simply that no one pays attention to Bitcoin anymore. When the currency circle is lifeless, you can buy multiple times intermittently. , this period may last for 1 year or even longer.
2. Mainstream coins BTC and ETH will always be the kings of the currency circle, and buying in a bear market is absolutely correct. Although it cannot rise exponentially, if you buy in the bear market and hold until you sell in the bull market, an increase of more than 50% will definitely occur. The first choice for big funds. Exchange platform currency: such as BNB Relatively strong basic chains: such as SOL, AVAX Good infrastructure coins: such as MATIC Strong consensus coins: such as doge, SHIB RATS PEPE You can only be heavily stocked in mainstream currencies, and never be heavily stocked in altcoins. The logic of altcoins is to cut leeks, and many types of altcoins will be born in every bull market. The altcoins that are soaring in this bull market may become completely silent in the next bull market. Overshadowed by the high shine of new altcoins. Without inside channels and information, it is almost impossible to bet on an altcoin and buy it before it explodes. Usually, you only learn about the existence of a certain altcoin after seeing its skyrocketing price. At this time, it is already too late to follow up. Maybe if you are lucky, the currency will continue to rise, but there is a high probability that it will fluctuate and fall. Altcoins fluctuate too much, and ordinary people cannot hold on to them regardless of whether they rise or fall. It is often a small profit and a big loss. In the end, it's all a loss.