Canada's May wholesale sales year-on-year

Exploring Valuation Models for Encryption Assets: From Public Chains to Bitcoin With the rapid development of the cryptocurrency industry, how to reasonably value various encryption projects has become a key issue. The traditional financial sector has a mature valuation system, but encryption projects are diverse and have their own characteristics, requiring the exploration of valuation models suitable for different tracks. Public chain valuation: Metcalfe's Law Metcalfe's law states that the value of a network is proportional to the square of the number of nodes, expressed as: V = KN². This law is widely applied in the valuation of internet companies and is equally applicable to blockchain public chain projects. Ethereum is a typical case. Research has found that its market value is logarithmically linearly related to the daily active users, which generally conforms to Metcalfe's Law, with the specific formula being: V = 3000 N^1.43 Actual data shows that this valuation method indeed has a certain correlation with the market value trend of Ethereum. However, Metcalfe's Law

The Bitcoin ecosystem welcomes new opportunities as Flare launches an innovative cross-chain solution. With the rising expectations of the approval of the Bitcoin spot ETF and the increase in BRC-20 asset prices, the overall development of the Bitcoin ecosystem is迎来新的机遇. This not only includes Bitcoin itself but also innovative applications like cross-chain Bitcoin. Flare, as a unique Layer 1 solution, offers official cross-chain bridges and oracle services, fundamentally enhancing the security of these critical infrastructures. This means that Flare not only supports the Ethereum Virtual Machine (EVM) but also provides solutions for secure communication between blockchains. On November 30, 2023, a key feature of Flare, FAssets, began testing. The core value of this feature is that it enables non-smart contract assets like BTC and DOGE to be utilized on the Flare platform.

The removal of U.S. House Speaker Kevin McCarthy may have adverse effects on the encryption industry. The lack of clarity regarding his successor has increased uncertainty surrounding the advancement of encryption legislation. At the same time, the government faces the risk of a shutdown, exacerbating market fluctuations. The policy direction of The Federal Reserve (FED) remains the focal point of market attention.

Fractal Bitcoin Comprehensive Research Report Abstract Fractal Bitcoin was launched on September 9, 2024, as an innovative Bitcoin scaling solution. It employs a unique hybrid mining model that combines merged mining and free mining, providing a new perspective on Bitcoin's scalability. Fractal, as the leading network for Bitcoin, offers developers a valuable testing environment. Through partnerships with major wallets and mining pools, Fractal has had a strong user base from the outset, avoiding the common "cold start" problem. This report aims to comprehensively analyze Fractal's technological innovations, ecosystem development, market strategies, as well as the challenges and opportunities it faces. 1. Introduction Fractal Bitcoin is the only one that uses Bitcoin core code to recursively expand infinitely.

FHE, ZK, and MPC: A Deep Comparison of Three Encryption Technologies In the field of encryption, Fully Homomorphic Encryption (FHE), Zero-Knowledge Proofs (ZK), and Multi-Party Computation (MPC) are three advanced technologies that have received significant attention. Each addresses different application scenarios, providing unique solutions for data privacy and security. This article will compare the characteristics, working principles, and applications of these three technologies in the blockchain domain. Zero-Knowledge Proof (ZK): Prove without revealing The core problem solved by zero-knowledge proof technology is: how to verify the authenticity of certain information without disclosing any specific details. ZK is based on rigorous encryption principles, allowing one party (the prover) to demonstrate the truth of a statement to another party (the verifier) without revealing any information other than the truth of that statement. For example, suppose someone needs to prove their good credit status to a car rental company.