🧧😘 Forward to receive your big box 🧧 Picking up the pen from me, ready to narrate your details 🧧 Always can't help but get distracted. I'm really sorry 🧧 The words haven't been written out, but I have indeed thought about you for an hour.
Analysis of the Impact of the Jackson Hole Meeting on the Cryptocurrency Space
🧧🧧🧧🧧#杰克逊霍尔会议 Let’s delve into the impact of the Jackson Hole Global Central Bank Symposium on the cryptocurrency market and provide corresponding advice.
This is a very core and important topic, as the current cryptocurrency market, especially Bitcoin, has become strongly correlated with the global macro financial environment.
Part One: Why is the Jackson Hole Meeting so important for the cryptocurrency space?
In simple terms, the Jackson Hole Meeting is a 'super window' to glimpse the future monetary policy direction of the world's major central banks (especially the Federal Reserve).
The Bitcoin ecosystem is definitely going to have a big wave.
The Bitcoin Layer2 track has been quite lively lately... The Bitlayer project, with the ID @BitlayerLabs , is quite interesting, claiming to be the first solution based on BitVM, and its TVL has already surged to 430 million US dollars.
What interests me the most is their dual-layer architecture: PoS is responsible for fast block generation, while the Bitcoin main chain ensures security. This design is much more reliable than those projects that purely rely on multi-signature bridges...
Moreover, they already have over 100 dApps in their ecosystem, ranging from DeFi to games. Recently, they are also running a Booster event with Binance Wallet, airdropping 5.15 million BTR tokens.
On the technical side, the combination of BitVM's recursive proof and zero-knowledge proof is quite innovative, reportedly achieving sub-second soft confirmations and 7-day hard confirmations. However, the key point is whether they can achieve the goal of 20,000 TPS by the end of the year... ID #bitlayerTGE
Do you think such Bitcoin Layer2 projects can break Ethereum Rollup's monopoly? Let's discuss your views in the comments section. ID #bitlayer