Binance Square

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Why I suggest everyone should use Binance Square?When it comes to Binance Square, everyone should be familiar with it. Even if you haven't heard the name, you must have used it. Because the entrance to Binance Square is right on the Binance homepage, users only need to scroll down to easily enter. The various articles and information you see on the discovery page are actually content published by square creators. Next, this article will analyze why everyone should make more use of Binance Square from the following aspects. 1. The importance of the square: Why create a square?💪 2. The positioning of the square and speculations on existing/future functions👻 3. Different user types in the square and recommendations for leading accounts👀

Why I suggest everyone should use Binance Square?

When it comes to Binance Square, everyone should be familiar with it. Even if you haven't heard the name, you must have used it. Because the entrance to Binance Square is right on the Binance homepage, users only need to scroll down to easily enter. The various articles and information you see on the discovery page are actually content published by square creators.
Next, this article will analyze why everyone should make more use of Binance Square from the following aspects.
1. The importance of the square: Why create a square?💪
2. The positioning of the square and speculations on existing/future functions👻
3. Different user types in the square and recommendations for leading accounts👀
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The most complete guide to starting a Binance Square account: step-by-step instructions on how to increase your followers by 5,000 in a month!The previous article introduced the importance and high returns of Binance Square. I believe many friends are eager to try it! Today, I will take myself as an example to introduce the entire process of Binance Square from setting up an account, choosing a direction to publishing an article. After reading the full article, I guarantee that you will have a thorough understanding of the square and no longer have any doubts! I officially joined the Square in mid-October and published my first article. As of press time, in more than 30 days, I have gained more than 5k followers. I believe that after reading this article, you will do better than me! Below is the directory:

The most complete guide to starting a Binance Square account: step-by-step instructions on how to increase your followers by 5,000 in a month!

The previous article introduced the importance and high returns of Binance Square. I believe many friends are eager to try it! Today, I will take myself as an example to introduce the entire process of Binance Square from setting up an account, choosing a direction to publishing an article. After reading the full article, I guarantee that you will have a thorough understanding of the square and no longer have any doubts!

I officially joined the Square in mid-October and published my first article. As of press time, in more than 30 days, I have gained more than 5k followers. I believe that after reading this article, you will do better than me! Below is the directory:
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Bitlayer Series (Twenty-One): Potential in Supply Chain Finance Supply chain finance has always been a pain point for traditional finance, involving issues of multi-party trust and cash flow. Bitlayer, as a Layer 2 solution for Bitcoin, is perfectly positioned to shine here. It utilizes BitVM technology to enable Bitcoin to support smart contracts, thus achieving automated settlement in the supply chain. For example, a supplier can lock payment with Bitcoin, quickly verify delivery status through Bitlayer's rollup mechanism, and once the goods arrive, the contract automatically releases the funds, avoiding defaults and disputes. This method is much more efficient than traditional banking systems. Imagine in cross-border trade, the exporter uploads invoice data to the Bitlayer network, and the buyer pays with YBTC, completing the entire process in seconds while being able to track the flow of funds. Bitlayer's cross-chain bridging functionality further connects with other blockchains, allowing the supply chain to extend beyond the Bitcoin ecosystem, incorporating Ethereum's NFT certification or Polkadot's logistics tracking. Security is the core selling point of Bitlayer. It inherits Bitcoin's Proof-of-Work consensus, and the rollup protocol ensures that all transactions are ultimately anchored to the main chain, reducing the risk of tampering. For small and medium-sized enterprises, this means low-cost financing without relying on high-interest bank loans. Bitlayer can also introduce a yield mechanism, where suppliers can earn additional returns through YBTC staking while waiting for payment. Of course, there are challenges, such as data privacy and regulatory compliance. But the Bitlayer team is already exploring zero-knowledge proof integration to anonymize sensitive information. In the future, as more enterprises connect, Bitlayer could reshape the global supply chain, turning Bitcoin from an investment asset into a daily financial tool. This is not just a technological upgrade; it is a key step for the Bitcoin ecosystem to penetrate the real economy, driving DeFi from the virtual to the real world. #Bitlayer @BitlayerLabs
Bitlayer Series (Twenty-One): Potential in Supply Chain Finance

Supply chain finance has always been a pain point for traditional finance, involving issues of multi-party trust and cash flow. Bitlayer, as a Layer 2 solution for Bitcoin, is perfectly positioned to shine here. It utilizes BitVM technology to enable Bitcoin to support smart contracts, thus achieving automated settlement in the supply chain. For example, a supplier can lock payment with Bitcoin, quickly verify delivery status through Bitlayer's rollup mechanism, and once the goods arrive, the contract automatically releases the funds, avoiding defaults and disputes.

This method is much more efficient than traditional banking systems. Imagine in cross-border trade, the exporter uploads invoice data to the Bitlayer network, and the buyer pays with YBTC, completing the entire process in seconds while being able to track the flow of funds. Bitlayer's cross-chain bridging functionality further connects with other blockchains, allowing the supply chain to extend beyond the Bitcoin ecosystem, incorporating Ethereum's NFT certification or Polkadot's logistics tracking.

Security is the core selling point of Bitlayer. It inherits Bitcoin's Proof-of-Work consensus, and the rollup protocol ensures that all transactions are ultimately anchored to the main chain, reducing the risk of tampering. For small and medium-sized enterprises, this means low-cost financing without relying on high-interest bank loans. Bitlayer can also introduce a yield mechanism, where suppliers can earn additional returns through YBTC staking while waiting for payment.

Of course, there are challenges, such as data privacy and regulatory compliance. But the Bitlayer team is already exploring zero-knowledge proof integration to anonymize sensitive information. In the future, as more enterprises connect, Bitlayer could reshape the global supply chain, turning Bitcoin from an investment asset into a daily financial tool. This is not just a technological upgrade; it is a key step for the Bitcoin ecosystem to penetrate the real economy, driving DeFi from the virtual to the real world.

#Bitlayer @BitlayerLabs
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August 18th · Latest Web3 News 1️⃣Thailand launched a pilot program allowing foreign tourists to directly exchange cryptocurrencies for Thai baht to facilitate local consumption, with a maximum exchange limit of 100,000 baht per transaction. This move aims to attract digital nomads and stimulate tourism. 2️⃣Dutch crypto company Amdax plans to list a Bitcoin reserve company on Euronext, banking on strong institutional investor demand for Bitcoin as a corporate asset. 3️⃣Metaplanet purchased an additional 775 Bitcoins for approximately $93 million, bringing its total holdings to 18,888. This move reflects Japan's growing interest in Bitcoin as a reserve asset. 4️⃣Japan approved its first yen-backed stablecoin, JPYC, which is expected to simplify cross-border payments and promote the integration of traditional finance and blockchain technology. 5️⃣ An early Ethereum ICO wallet dumped $ETH worth $19 million on the Kraken exchange. This move occurred amidst a broader market downturn, wiping out over $100 billion in crypto market capitalization overnight. Overall, the web3 space is actively expanding through fiat-crypto bridges and reserve strategies.
August 18th · Latest Web3 News

1️⃣Thailand launched a pilot program allowing foreign tourists to directly exchange cryptocurrencies for Thai baht to facilitate local consumption, with a maximum exchange limit of 100,000 baht per transaction. This move aims to attract digital nomads and stimulate tourism.

2️⃣Dutch crypto company Amdax plans to list a Bitcoin reserve company on Euronext, banking on strong institutional investor demand for Bitcoin as a corporate asset.

3️⃣Metaplanet purchased an additional 775 Bitcoins for approximately $93 million, bringing its total holdings to 18,888. This move reflects Japan's growing interest in Bitcoin as a reserve asset.

4️⃣Japan approved its first yen-backed stablecoin, JPYC, which is expected to simplify cross-border payments and promote the integration of traditional finance and blockchain technology.

5️⃣ An early Ethereum ICO wallet dumped $ETH worth $19 million on the Kraken exchange. This move occurred amidst a broader market downturn, wiping out over $100 billion in crypto market capitalization overnight.

Overall, the web3 space is actively expanding through fiat-crypto bridges and reserve strategies.
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Binance Wallet Web Version User ExperienceI've been using the Binance web wallet for a week now, primarily for trading, and here’s my conclusion: This is not a familiar browser extension wallet tool, but rather the desktop version of the 'Binance Keyless Wallet' (or specifically for trading). 1. Differences from traditional browser extension wallets 1️⃣ Cannot create a new wallet, nor can it import/switch wallets; it can only use the default keyless wallet, and this wallet must be set up in advance on the Binance wallet mobile app. 2️⃣ Does not support other Dapp calls for login. If other websites want to log into this keyless wallet, they still have to log in via QR code on the mobile version.

Binance Wallet Web Version User Experience

I've been using the Binance web wallet for a week now, primarily for trading, and here’s my conclusion:
This is not a familiar browser extension wallet tool, but rather the desktop version of the 'Binance Keyless Wallet' (or specifically for trading).
1. Differences from traditional browser extension wallets
1️⃣ Cannot create a new wallet, nor can it import/switch wallets; it can only use the default keyless wallet, and this wallet must be set up in advance on the Binance wallet mobile app.
2️⃣ Does not support other Dapp calls for login. If other websites want to log into this keyless wallet, they still have to log in via QR code on the mobile version.
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Bitlayer Series (Twenty): Educational Initiatives and User Empowerment Bitlayer has launched a series of educational resources, such as free tutorials and workshops, to help users understand the basic concepts of Bitcoin DeFi. From getting started with BitVM to using YBTC, these materials explain in simple language, avoiding technical jargon. They have also collaborated with the community to host hackathons, encouraging novice developers to build applications, with winners receiving funding support. This approach to empowerment not only spreads knowledge but also nurtures the next generation of talent. Bitlayer's educational efforts are lowering the entry barriers to DeFi. It makes Bitcoin more accessible and promotes inclusive growth across the entire ecosystem. #Bitlayer @BitlayerLabs
Bitlayer Series (Twenty): Educational Initiatives and User Empowerment

Bitlayer has launched a series of educational resources, such as free tutorials and workshops, to help users understand the basic concepts of Bitcoin DeFi. From getting started with BitVM to using YBTC, these materials explain in simple language, avoiding technical jargon.

They have also collaborated with the community to host hackathons, encouraging novice developers to build applications, with winners receiving funding support. This approach to empowerment not only spreads knowledge but also nurtures the next generation of talent.

Bitlayer's educational efforts are lowering the entry barriers to DeFi. It makes Bitcoin more accessible and promotes inclusive growth across the entire ecosystem.

#Bitlayer @BitlayerLabs
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Bitlayer Series (Nineteen): Innovations in Web3 Authentication Bitlayer leverages the immutability of Bitcoin to develop a Web3 identity system, allowing users to use their BTC addresses as credentials to verify their identity in DeFi without the need for third-party KYC. This simplifies the registration process while maintaining decentralization. Through BitVM, identity contracts can handle multi-factor authentication, such as combining wallet signatures and zero-knowledge proofs to ensure security without leaking information. In practical applications, this can be used for access control on DeFi platforms or cross-chain permission management. Bitlayer's identity innovations make Bitcoin a trust anchor in Web3. It reduces the risk of identity theft and promotes safer digital interactions. #Bitlayer @BitlayerLabs
Bitlayer Series (Nineteen): Innovations in Web3 Authentication

Bitlayer leverages the immutability of Bitcoin to develop a Web3 identity system, allowing users to use their BTC addresses as credentials to verify their identity in DeFi without the need for third-party KYC. This simplifies the registration process while maintaining decentralization.

Through BitVM, identity contracts can handle multi-factor authentication, such as combining wallet signatures and zero-knowledge proofs to ensure security without leaking information. In practical applications, this can be used for access control on DeFi platforms or cross-chain permission management.

Bitlayer's identity innovations make Bitcoin a trust anchor in Web3. It reduces the risk of identity theft and promotes safer digital interactions.

#Bitlayer @BitlayerLabs
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Bitlayer Series (18): Attracting Institutional Investors Bitlayer attracts institutional investors because it offers Bitcoin-level security while supporting complex DeFi strategies. Institutions can lock in large amounts of BTC in exchange for YBTC to participate in high-yield pools, while Rollup ensures scalable transaction processing, avoiding the slowdowns of the main chain. Compared to traditional finance, Bitlayer's transparent contracts allow institutions to audit risks in real-time, reducing opaque operations. Some funds have already begun testing Bitlayer as a complementary tool for Bitcoin investment. Bitlayer's institution-friendly design is bridging the gap between crypto and mainstream finance. It makes Bitcoin a part of institutional asset allocation, promoting wider adoption. #Bitlayer @BitlayerLabs
Bitlayer Series (18): Attracting Institutional Investors

Bitlayer attracts institutional investors because it offers Bitcoin-level security while supporting complex DeFi strategies. Institutions can lock in large amounts of BTC in exchange for YBTC to participate in high-yield pools, while Rollup ensures scalable transaction processing, avoiding the slowdowns of the main chain.

Compared to traditional finance, Bitlayer's transparent contracts allow institutions to audit risks in real-time, reducing opaque operations. Some funds have already begun testing Bitlayer as a complementary tool for Bitcoin investment.

Bitlayer's institution-friendly design is bridging the gap between crypto and mainstream finance. It makes Bitcoin a part of institutional asset allocation, promoting wider adoption.

#Bitlayer @BitlayerLabs
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Bitlayer Series (Seventeen): Privacy Protection Measures in the Ecosystem The Bitlayer ecosystem emphasizes user privacy by integrating zero-knowledge proofs and mixing technologies, making transaction details less exposed. For example, in DeFi lending, users can participate anonymously without revealing their identity or asset scale, which is a beneficial complement to Bitcoin's public ledger. These privacy tools do not compromise security; they are built on the foundation of BitVM, ensuring that the verification process is reliable. Developers can also build privacy-focused applications, such as anonymous payment channels, attracting users who care about data protection. Bitlayer's focus on privacy makes Bitcoin DeFi more secure and reliable. It responds to regulatory pressures while providing users with more freedom of choice. #Bitlayer @BitlayerLabs
Bitlayer Series (Seventeen): Privacy Protection Measures in the Ecosystem

The Bitlayer ecosystem emphasizes user privacy by integrating zero-knowledge proofs and mixing technologies, making transaction details less exposed. For example, in DeFi lending, users can participate anonymously without revealing their identity or asset scale, which is a beneficial complement to Bitcoin's public ledger.

These privacy tools do not compromise security; they are built on the foundation of BitVM, ensuring that the verification process is reliable. Developers can also build privacy-focused applications, such as anonymous payment channels, attracting users who care about data protection.

Bitlayer's focus on privacy makes Bitcoin DeFi more secure and reliable. It responds to regulatory pressures while providing users with more freedom of choice.

#Bitlayer @BitlayerLabs
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Bitlayer Series (16): Community Governance Model of the Team The Bitlayer team implements a decentralized governance model, allowing community members to vote on protocol upgrades or fund allocations. This is different from some projects controlled by a few individuals; the team regularly holds AMA meetings to gather user feedback and then uses DAO tools to implement changes, ensuring that everyone has a voice. Team members come from diverse backgrounds, with some focusing on code and others on market management, but they all emphasize transparency, such as publicly sharing all development progress reports. This model not only builds trust but also allows for quick responses to market demands, avoiding the bureaucratic issues of traditional teams. Bitlayer's governance practices are setting an industry benchmark. It makes users feel like they are part of the project, driving Bitcoin DeFi towards a more democratic direction. #Bitlayer @BitlayerLabs
Bitlayer Series (16): Community Governance Model of the Team

The Bitlayer team implements a decentralized governance model, allowing community members to vote on protocol upgrades or fund allocations. This is different from some projects controlled by a few individuals; the team regularly holds AMA meetings to gather user feedback and then uses DAO tools to implement changes, ensuring that everyone has a voice.

Team members come from diverse backgrounds, with some focusing on code and others on market management, but they all emphasize transparency, such as publicly sharing all development progress reports. This model not only builds trust but also allows for quick responses to market demands, avoiding the bureaucratic issues of traditional teams.

Bitlayer's governance practices are setting an industry benchmark. It makes users feel like they are part of the project, driving Bitcoin DeFi towards a more democratic direction.

#Bitlayer @BitlayerLabs
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Bitlayer Series (Fifteen): The Role of Cross-Chain Bridging in the NFT Market Bitlayer's cross-chain bridging allows Bitcoin to seamlessly connect to the NFT ecosystem, enabling users to convert BTC into tokens on other chains and then purchase or mint NFTs, all while maintaining transparency and security. Compared to some centralized bridging services, the zero-knowledge proofs here ensure that assets are not manipulated by third parties. In the NFT market, this means that Bitcoin holders can directly participate in auctions for popular collectibles, such as using bridged tokens to buy art or virtual land. This interoperability breaks down Bitcoin's island status, integrating it into a larger digital asset world. The innovation of cross-chain bridging makes Bitlayer a new choice for NFT enthusiasts. It not only connects chains but also communities, promoting the evolution of Bitcoin's role in the creative economy. #Bitlayer @BitlayerLabs
Bitlayer Series (Fifteen): The Role of Cross-Chain Bridging in the NFT Market

Bitlayer's cross-chain bridging allows Bitcoin to seamlessly connect to the NFT ecosystem, enabling users to convert BTC into tokens on other chains and then purchase or mint NFTs, all while maintaining transparency and security. Compared to some centralized bridging services, the zero-knowledge proofs here ensure that assets are not manipulated by third parties.

In the NFT market, this means that Bitcoin holders can directly participate in auctions for popular collectibles, such as using bridged tokens to buy art or virtual land. This interoperability breaks down Bitcoin's island status, integrating it into a larger digital asset world.

The innovation of cross-chain bridging makes Bitlayer a new choice for NFT enthusiasts. It not only connects chains but also communities, promoting the evolution of Bitcoin's role in the creative economy.

#Bitlayer @BitlayerLabs
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Bitlayer Series (14): The Benefits of Rollup for Small Traders Bitlayer Rollup is particularly suitable for users who make small transactions, as it significantly reduces the transaction fees on the Bitcoin main chain. For example, if an average person wants to transfer a few dollars' worth of BTC, they can do so almost for free through Rollup, whereas it may take half a day on the main chain and incur high fees. This makes Bitcoin more accessible, no longer just a tool for the wealthy. The way Rollup works is by bundling multiple small transactions into one and then submitting them to the main chain all at once, which is not only fast but also saves resources. For DeFi newcomers, this means they can try lending or swapping at a low cost without worrying about fees eating into their profits. The user-friendly design of Bitlayer Rollup is changing the image of Bitcoin. It allows more ordinary people to participate in DeFi, expanding the user base and bringing broader adoption to Bitcoin. #Bitlayer @BitlayerLabs
Bitlayer Series (14): The Benefits of Rollup for Small Traders

Bitlayer Rollup is particularly suitable for users who make small transactions, as it significantly reduces the transaction fees on the Bitcoin main chain. For example, if an average person wants to transfer a few dollars' worth of BTC, they can do so almost for free through Rollup, whereas it may take half a day on the main chain and incur high fees. This makes Bitcoin more accessible, no longer just a tool for the wealthy.

The way Rollup works is by bundling multiple small transactions into one and then submitting them to the main chain all at once, which is not only fast but also saves resources. For DeFi newcomers, this means they can try lending or swapping at a low cost without worrying about fees eating into their profits.

The user-friendly design of Bitlayer Rollup is changing the image of Bitcoin. It allows more ordinary people to participate in DeFi, expanding the user base and bringing broader adoption to Bitcoin.

#Bitlayer @BitlayerLabs
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Bitlayer Series (Thirteen): How YBTC Supports Sustainable DeFi Practices The design of YBTC emphasizes environmental protection and sustainability. It optimizes Bitcoin's energy consumption model, making DeFi operations more efficient without increasing the network burden. After users lock BTC to exchange for YBTC, they can participate in low-energy staking activities that utilize Bitlayer's Layer 2 to handle computations, avoiding the excessive mining pressure on the Bitcoin main chain. In practical scenarios, YBTC supports some green DeFi projects, such as carbon credit trading or sustainable investment pools, allowing users to invest in environmentally related blockchain initiatives. This approach not only generates profit but also encourages the Bitcoin ecosystem to focus more on social responsibility, attracting investors who care about sustainable development. YBTC's sustainable path differentiates Bitlayer from other DeFi platforms. It demonstrates that Bitcoin can be both powerful and eco-friendly, driving the entire industry toward a more responsible direction rather than just chasing short-term gains. #Bitlayer @BitlayerLabs
Bitlayer Series (Thirteen): How YBTC Supports Sustainable DeFi Practices

The design of YBTC emphasizes environmental protection and sustainability. It optimizes Bitcoin's energy consumption model, making DeFi operations more efficient without increasing the network burden. After users lock BTC to exchange for YBTC, they can participate in low-energy staking activities that utilize Bitlayer's Layer 2 to handle computations, avoiding the excessive mining pressure on the Bitcoin main chain.

In practical scenarios, YBTC supports some green DeFi projects, such as carbon credit trading or sustainable investment pools, allowing users to invest in environmentally related blockchain initiatives. This approach not only generates profit but also encourages the Bitcoin ecosystem to focus more on social responsibility, attracting investors who care about sustainable development.

YBTC's sustainable path differentiates Bitlayer from other DeFi platforms. It demonstrates that Bitcoin can be both powerful and eco-friendly, driving the entire industry toward a more responsible direction rather than just chasing short-term gains.

#Bitlayer @BitlayerLabs
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Bitlayer Series (12): The Potential Applications of BitVM in the Gaming Field The emergence of BitVM allows Bitcoin to support gaming applications that were previously only common on Ethereum, such as blockchain-based collectible card games or virtual asset trading. Developers can use BitVM to write simple contracts to handle in-game point exchanges or item ownership transfers, all built on Bitcoin's secure foundation, avoiding common congestion issues found on other chains. Imagine a player being able to purchase game items directly with Bitcoin and then verifying ownership through BitVM, ensuring that items cannot be duplicated or tampered with. This mechanism is not limited to entertainment; it can also extend to the NFT market, allowing Bitcoin holders to directly participate in the buying and selling of digital collectibles without needing to move to other platforms. The potential of BitVM in the gaming field lies in its combination of Bitcoin's reliability and interactivity. In the future, as more gaming projects integrate with Bitlayer, Bitcoin could become an important pillar of the gaming economy, attracting young users into the crypto world. #Bitlayer @BitlayerLabs
Bitlayer Series (12): The Potential Applications of BitVM in the Gaming Field

The emergence of BitVM allows Bitcoin to support gaming applications that were previously only common on Ethereum, such as blockchain-based collectible card games or virtual asset trading. Developers can use BitVM to write simple contracts to handle in-game point exchanges or item ownership transfers, all built on Bitcoin's secure foundation, avoiding common congestion issues found on other chains.

Imagine a player being able to purchase game items directly with Bitcoin and then verifying ownership through BitVM, ensuring that items cannot be duplicated or tampered with. This mechanism is not limited to entertainment; it can also extend to the NFT market, allowing Bitcoin holders to directly participate in the buying and selling of digital collectibles without needing to move to other platforms.

The potential of BitVM in the gaming field lies in its combination of Bitcoin's reliability and interactivity. In the future, as more gaming projects integrate with Bitlayer, Bitcoin could become an important pillar of the gaming economy, attracting young users into the crypto world.

#Bitlayer @BitlayerLabs
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Bitlayer Series (11): How to Reshape Bitcoin's Liquidity Bitlayer, through its unique liquidity mechanism, allows Bitcoin holders to more easily inject assets into the DeFi market without sacrificing the security of the main chain. For example, users can lock BTC in Bitlayer's protocol in exchange for liquidity tokens of equivalent value, which can circulate in various DeFi applications, such as providing liquidity or participating in yield farms. This method is not as cumbersome as some outdated bridging solutions; it directly leverages Bitcoin's native properties to enhance the efficiency of capital turnover. In practice, Bitlayer's liquidity pool is cleverly designed to automatically adjust interest rates based on market fluctuations, ensuring that users do not face excessive risks when borrowing and lending. Compared to simply holding Bitcoin, this approach allows funds to generate additional returns while maintaining the integrity of the assets, without losing control due to cross-chain transfers. Overall, Bitlayer's liquidity innovation is not just a technical improvement; it brings tangible convenience to Bitcoin users. It transforms Bitcoin from a static asset into a dynamic tool, helping more people participate in the wave of DeFi without worrying about the pain points of traditional finance. #Bitlayer @BitlayerLabs
Bitlayer Series (11): How to Reshape Bitcoin's Liquidity

Bitlayer, through its unique liquidity mechanism, allows Bitcoin holders to more easily inject assets into the DeFi market without sacrificing the security of the main chain. For example, users can lock BTC in Bitlayer's protocol in exchange for liquidity tokens of equivalent value, which can circulate in various DeFi applications, such as providing liquidity or participating in yield farms. This method is not as cumbersome as some outdated bridging solutions; it directly leverages Bitcoin's native properties to enhance the efficiency of capital turnover.

In practice, Bitlayer's liquidity pool is cleverly designed to automatically adjust interest rates based on market fluctuations, ensuring that users do not face excessive risks when borrowing and lending. Compared to simply holding Bitcoin, this approach allows funds to generate additional returns while maintaining the integrity of the assets, without losing control due to cross-chain transfers.

Overall, Bitlayer's liquidity innovation is not just a technical improvement; it brings tangible convenience to Bitcoin users. It transforms Bitcoin from a static asset into a dynamic tool, helping more people participate in the wave of DeFi without worrying about the pain points of traditional finance.
#Bitlayer @BitlayerLabs
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August 17 · Quick Overview of the Latest Web3 Developments 1️⃣Stripe and Circle Launch Their Own Blockchains Payment giant Stripe and stablecoin issuer Circle have each launched their own dedicated blockchains, aiming to enhance control over infrastructure and simplify Web3 payment processes. This move highlights the deep integration of traditional finance with the crypto space, promoting more enterprise-level applications. 2️⃣Ronin Transitioning to Ethereum Layer 2 The Ronin network announced that it will fully transition to an Ethereum Layer 2 solution by 2026, expanding beyond the gaming sector, enhancing cross-chain compatibility and security, to attract more developers and users. 3️⃣Gemini Seeking Nasdaq Listing Crypto exchange Gemini has submitted its application for a Nasdaq listing, managing assets totaling $18 billion. The platform plans to further comply with regulations through an IPO, despite facing regulatory challenges, marking a move of crypto enterprises into mainstream financial markets. 4️⃣Acquire.Fi Acquires Omni Web3 Wallet Web3 investment platform Acquire.Fi acted as an intermediary to facilitate the acquisition of the leading Web3 wallet Omni by Omni Ltd. This move aims to strengthen the wallet's security and multi-chain support, helping more users seamlessly enter the decentralized ecosystem. Today's focus in the Web3 industry includes the entry of payment giants into blockchain, the transformation of the Ronin ecosystem, Gemini's listing plans, and overall reflects an accelerated evolution towards infrastructure optimization and institutional adoption.
August 17 · Quick Overview of the Latest Web3 Developments

1️⃣Stripe and Circle Launch Their Own Blockchains
Payment giant Stripe and stablecoin issuer Circle have each launched their own dedicated blockchains, aiming to enhance control over infrastructure and simplify Web3 payment processes. This move highlights the deep integration of traditional finance with the crypto space, promoting more enterprise-level applications.

2️⃣Ronin Transitioning to Ethereum Layer 2
The Ronin network announced that it will fully transition to an Ethereum Layer 2 solution by 2026, expanding beyond the gaming sector, enhancing cross-chain compatibility and security, to attract more developers and users.

3️⃣Gemini Seeking Nasdaq Listing
Crypto exchange Gemini has submitted its application for a Nasdaq listing, managing assets totaling $18 billion. The platform plans to further comply with regulations through an IPO, despite facing regulatory challenges, marking a move of crypto enterprises into mainstream financial markets.

4️⃣Acquire.Fi Acquires Omni Web3 Wallet
Web3 investment platform Acquire.Fi acted as an intermediary to facilitate the acquisition of the leading Web3 wallet Omni by Omni Ltd. This move aims to strengthen the wallet's security and multi-chain support, helping more users seamlessly enter the decentralized ecosystem.

Today's focus in the Web3 industry includes the entry of payment giants into blockchain, the transformation of the Ronin ecosystem, Gemini's listing plans, and overall reflects an accelerated evolution towards infrastructure optimization and institutional adoption.
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Bitlayer Series (10): Technical Architecture and Future Prospects Bitlayer combines the native security of Bitcoin with innovative Layer 2 scaling technologies to create a highly scalable blockchain platform. By introducing technologies such as BitVM and Rollup, Bitlayer enhances Bitcoin's transaction processing capabilities and smart contract functionalities, making Bitcoin not just a payment tool, but a multifunctional financial platform. Looking ahead, Bitlayer plans to continue optimizing its technical architecture, improving cross-chain capabilities, and collaborating with more blockchain ecosystems globally to promote the application of Bitcoin in decentralized finance and Web3 fields. #Bitlayer @BitlayerLabs
Bitlayer Series (10): Technical Architecture and Future Prospects

Bitlayer combines the native security of Bitcoin with innovative Layer 2 scaling technologies to create a highly scalable blockchain platform. By introducing technologies such as BitVM and Rollup, Bitlayer enhances Bitcoin's transaction processing capabilities and smart contract functionalities, making Bitcoin not just a payment tool, but a multifunctional financial platform.

Looking ahead, Bitlayer plans to continue optimizing its technical architecture, improving cross-chain capabilities, and collaborating with more blockchain ecosystems globally to promote the application of Bitcoin in decentralized finance and Web3 fields.

#Bitlayer @BitlayerLabs
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Bitlayer Series (9): The Core Position in the Bitcoin Ecosystem As an important component of the Bitcoin ecosystem, the emergence of Bitlayer fills the gap in Bitcoin's smart contracts and decentralized finance applications. Through Bitlayer, developers and users can build decentralized applications based on Bitcoin, pushing Bitcoin into a broader financial field. Compared to public chains like Ethereum, Bitlayer places greater emphasis on the security and decentralization of Bitcoin itself, bringing programmability and higher transaction throughput to Bitcoin, enabling it to support more complex financial operations, thereby expanding the application scenarios of Bitcoin. #Bitlayer @BitlayerLabs
Bitlayer Series (9): The Core Position in the Bitcoin Ecosystem

As an important component of the Bitcoin ecosystem, the emergence of Bitlayer fills the gap in Bitcoin's smart contracts and decentralized finance applications. Through Bitlayer, developers and users can build decentralized applications based on Bitcoin, pushing Bitcoin into a broader financial field.

Compared to public chains like Ethereum, Bitlayer places greater emphasis on the security and decentralization of Bitcoin itself, bringing programmability and higher transaction throughput to Bitcoin, enabling it to support more complex financial operations, thereby expanding the application scenarios of Bitcoin.

#Bitlayer @BitlayerLabs
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Bitlayer Series (8): Market Potential and Future As the recognition and market demand for Bitcoin continue to grow globally, Bitlayer undoubtedly possesses immense market potential. As an innovative Layer 2 solution, Bitlayer not only addresses the shortcomings of Bitcoin in scalability and smart contract capabilities but also provides it with a robust DeFi infrastructure. The rapid development of the DeFi market presents Bitlayer with significant opportunities. By interconnecting with other blockchains, Bitlayer can deeply integrate the value of Bitcoin with other ecosystems, offering more financial services to users worldwide. With continuous technological iterations, Bitlayer is expected to become one of the leaders in the blockchain industry in the future. #Bitlayer @BitlayerLabs
Bitlayer Series (8): Market Potential and Future

As the recognition and market demand for Bitcoin continue to grow globally, Bitlayer undoubtedly possesses immense market potential. As an innovative Layer 2 solution, Bitlayer not only addresses the shortcomings of Bitcoin in scalability and smart contract capabilities but also provides it with a robust DeFi infrastructure.

The rapid development of the DeFi market presents Bitlayer with significant opportunities. By interconnecting with other blockchains, Bitlayer can deeply integrate the value of Bitcoin with other ecosystems, offering more financial services to users worldwide. With continuous technological iterations, Bitlayer is expected to become one of the leaders in the blockchain industry in the future.

#Bitlayer @BitlayerLabs
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Bitlayer Series (7): The Continuous Growth of the Ecosystem The Bitlayer ecosystem not only includes BitVM and Bitlayer Rollup, but also actively promotes collaboration with other blockchain projects. By connecting with multiple ecosystems, Bitlayer not only enhances its own technological capabilities but also introduces more application scenarios for Bitcoin. Bitlayer has launched a developer reward program to encourage more developers to create applications on its platform, which has made the Bitlayer ecosystem gradually more colorful. The diversified development of the ecosystem has brought more opportunities to Bitlayer while also enhancing its competitiveness. Through interoperability with other blockchains, Bitlayer provides more possibilities for Bitcoin's DeFi applications, promoting further development of decentralized finance. As more projects join, the Bitlayer ecosystem will become more complete and will become an undeniable force in the blockchain field in the future. #Bitlayer @BitlayerLabs
Bitlayer Series (7): The Continuous Growth of the Ecosystem

The Bitlayer ecosystem not only includes BitVM and Bitlayer Rollup, but also actively promotes collaboration with other blockchain projects. By connecting with multiple ecosystems, Bitlayer not only enhances its own technological capabilities but also introduces more application scenarios for Bitcoin. Bitlayer has launched a developer reward program to encourage more developers to create applications on its platform, which has made the Bitlayer ecosystem gradually more colorful.

The diversified development of the ecosystem has brought more opportunities to Bitlayer while also enhancing its competitiveness. Through interoperability with other blockchains, Bitlayer provides more possibilities for Bitcoin's DeFi applications, promoting further development of decentralized finance.

As more projects join, the Bitlayer ecosystem will become more complete and will become an undeniable force in the blockchain field in the future.

#Bitlayer @BitlayerLabs
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