Is there something new in Bitcoin's ecology

The new Bitcoin asset agreement of the previous period, Tacit, has raised renewed interest in the market’s Bicococo ecology. And recently, there's a new 10-fold gold dog in Bitcoin's ecology, which brings back the familiar ordi taste. Why is Bitcoin's ecology so hot lately? Is something really new

Bund Exchange

This platform was preceded by Radfi, who had been on fire for a while because of the NODESTRT strategy. The NODESTRAT and the PUNKSTR in the Ether House are similar, using transactional fees to buy NFTs back and sell them with different profit targets, and then use part of the profits from the sale of NFTs to buy back tokens and destroy them in order to form a flyer。

Before that, Radfi and Bund were separate businesses, Radfi made bitcoin/yote AMM and Launchpad, Bound made stable coins, and now they're merged into Bund. The consolidated platform function is comprehensive, from trading, borrowing, Launchpad to NFT。

The reason for this market concern is that the token of US$Bund has risen by about 46 times since May 21st。

Back to the project itself, Bound was called by many as follows:

The transaction process has been considerably simplified. Previous characters AMM usually have to store bitcoin in there and wait for several blocks to confirm. If this confirmation is short for half an hour, it may even be more than an hour if it is short. And on the Bund, besides saving bitcoin, you can store SOL/ETH/HYPE/BNB and switch it to BTC through the corresponding BTC trade. The overall use of time is greatly simplified, and the experience naturally increases considerably。

Trade seconds confirmed. There is no need to wait for a long bitcoin to confirm that the trade has always been pursued by Bitcoin's eco-formula-related platform. This is easy, and when funds are deposited in the Platform for confirmation, the transaction is now being carried over within the Platform/under the chain, using the Bitcoin main network as a confirmation layer. But the key is how to address security. The previous table, like odin.fun, had been burned, but repeated asset thefts had cooled off. Bound, on the other hand, solves by adding 2-of-2 additional signatures to the user ' s asset repository address, one in the user ' s hand (with a user device ' s key) and the other at the back end of the platform。

In other words, even if the Bund platform is hacked, the assets cannot be stolen, because hackers can only solve one signature. Then there's another question. What if the platform runs off? So Bund added another lock of time, and if after three months the Bund signature expires, the user will be able to take the asset directly through its own key。

Price protection mechanisms. @SkyAAmen tweets about the mechanism: "When the coins launched through Launchpad are online, the currency price is calculated on the basis of the average price at Mint, 75% of the liquidity raised is to withstand the possible push at the bottom of the price and the remaining 25% is to match the price."。

In this part of the token distribution, Bound has also introduced a virtual mempool, which can be understood as a virtual chain for tracking bitcoin's main network. The new coin that the user used on Launchpad was used to save and provide liquidity without paying the miners. In addition, in order to reward the holding, one million bearers with more than 1 million tokens and not sold can share 50 per cent of the transaction costs。

The three above are the most important advantages. In addition, Leonardas, a well-known figure in Bitcoin ecology, expressed support for Bound:

Tacit

This post is part of our special coverage Global Voices 2011

New protocol, Tacit, Bitcoin Ecology ZEC

At present, Tacit's tap account price has remained stable at $5.5 million. The developer, @z0r0zzz, continues to maintain a high level of renewal, and on May 23, the biblind coin of Bitcoin was achieved, further enhancing the privacy function of the protocol. In addition, an unlicensed ETH-BTC bridge is being updated through the SP1 zero knowledge certificate。

Alkanes

Alkanes, we've also introduced:Bitcoin's ecology is 10 times more, what's the new asset agreement AlkanesTHIS AGREEMENT HAS COME TO THE FORE BECAUSE, SINCE THE END OF APRIL, IT HAS RISEN ABOUT 17 TIMES AND IS STILL RISING:

Alkanes is not a new deal, even the first Oyl Wallet is out of it, and now the subfrast, who is in charge of updating and maintaining the agreement, is the technical team in Oyl Wallet who is in charge of Alkanes. Despite Oyl 's break-up, the subfrest team has been updating and there are some such things as the high-speed optimization of the contracts embedded in the indexer。

HOWEVER, THE SHARP INCREASE IN $DIESEL IS PROBABLY STILL DUE TO THE SMALL AMOUNT OF THE ACTUAL ROLL. THE PREVIOUS MINING MECHANISM OF $DIESEL WAS THAT A SINGLE CASTING TRANSACTION WITHIN EACH BLOCK THAT PAID THE HIGHEST PREMIUM FOR MINERS TOOK AWAY ALL OF THE $DIESEL AWARDS FROM THE BLOCK, SO IT USED TO BE BASICALLY A SCIENTIST'S CONTRACTORS, AND IT WAS DIFFICULT FOR ORDINARY USERS TO PARTICIPATE IN CASTING. LAST AUGUST, HOWEVER, THE MINING MECHANISM UPDATED THE ALLOCATION OF THE DIESSEL AWARD TO ALL SUCCESSFUL CASTS. THAT IS TO SAY, PEOPLE WHO BELIEVE IN THE VALUE OF $DIESEL WILL DIG MORE, AND THE MINING WILL BECOME A SMALL PIECE OF ANIMAL THAT HAPPENS IN EACH BLOCK, WITH A FIXED AMOUNT (THE CURRENT BLOCK REWARD IS ABOUT $3.1225 DIESEL, SYNCHRONIZED WITH A HALF-SUM OF BITCOIN) BUT THE BID SITUATION IN EACH BLOCK WILL CHANGE。

AT THE SAME TIME, 50 PER CENT OF ALL BID-MAKING DOLLARS FOR DIESSEL IN A BLOCK IS CONVERTED TO DIESSEL, WHICH FLOWS TO THE PROJECT PARTY'S TREASURY FOR PROTOCOL DEVELOPMENT. SO WHILE THE SINGLE BLOCK OF $DIESEL PRODUCES ABOUT 3.125, IN FACT THE NUMBER OF CASTINGS THAT THE USER CAN GET IS NOT SO MUCH, AND PART OF IT GOES DIRECTLY TO THE PROJECT。

THE TOTAL AMOUNT OF $DIESEL IS 1562,000, OF WHICH ABOUT 640,000 ARE CURRENTLY AVAILABLE FOR CIRCULATION, WHILE THE ACTUAL TRADABLE POTENTIAL IS LESS THAN 10 PER CENT OF THE TOTAL. IN THE LIGHT OF SUCH A RECENT INCREASE, I WOULD LIKE TO CALL IT A BITCOIN ECOLOGICAL "DEMON."。