Market sentiment index is 54 (neutral), the total market capitalization of the crypto market is approximately $3.24 trillion, BTC's market share is 58.6%, and the overall structure remains stable with mainstream assets still holding a central position
Mainstream coins $BTC $ETH $BNB slightly increased, with a generally stable trend; meanwhile, there was a local surge of over 30% on the gainers' list, with capital activity concentrated in a few specific assets. On-chain data shows a decline in activity of Bitcoin's older wallets, indicating the current market is characterized by 'stability in mainstream assets, movement in select areas'
📘 #币安知识词典 Phase 4: Active Validation Service (AVS)
Active Validation Service (AVS) refers to a system that continuously monitors and validates services or transactions through a network of validators to ensure integrity, security, and accuracy. In the blockchain domain, these validators are typically nodes or participants within the network, responsible for real-time validation of transactions or services.
How AVS Works
1: Validation Process
The validation process in an AVS system involves multiple steps:
Transaction Submission: The user initiates a transaction or service request.
Broadcast: The transaction is sent to the validator network.
Validation: Validators check the authenticity and correctness of the transaction.
Consensus: Validators reach consensus on the validity of the transaction.
Recording: After validation, the transaction is recorded on the blockchain.
2: Continuous Monitoring
A major function of AVS is continuous monitoring. Validators remain active, constantly checking transactions and services to ensure they meet established standards. This ongoing supervision helps maintain the integrity and reliability of the network.
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📘 #币安知识词典 Third Phase: Transaction ID (TXID)
The first Bitcoin transaction in history was sent by Satoshi Nakamoto to Hal Finney, and the transaction ID is as follows:
Bitcoin uses the SHA-256 (Secure Hash Algorithm 256-bit) cryptographic hash function to generate transaction IDs. This function takes transaction data as input and produces a 256-bit hash value, which is a 64-character hexadecimal number.
Users can copy the transaction ID into a Bitcoin or BNBChain block explorer to look up these transactions themselves.
Your first transaction is __________?
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GM The market overall remains stable today, with sentiment indicators in a neutral range
For beginners, understanding the structure and interpreting information is more important than the market movement: who is rising, where capital is flowing, and what new projects and airdrop opportunities are signaling
Don't rush to act; gradually accumulating a little understanding each day is the right way to participate in the long term
Bitcoin uses the SHA-256 (Secure Hash Algorithm 256-bit) cryptographic hash function to generate transaction IDs. This function takes transaction data as input and produces a 256-bit hash value, which is a 64-character hexadecimal number.
Users can copy the transaction ID into a Bitcoin or BNBChain block explorer to look up these transactions themselves.
Your first transaction is __________?
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📘 #币安知识词典 Second phase: Halving
The first halving occurred in 2012, reducing the block reward to 25 BTC. Subsequent halvings in 2016, 2020, and 2024 further reduced the block reward to 12.5 BTC, 6.25 BTC, and 3.125 BTC, respectively. Since the exact date of the next halving depends on the block height, it is difficult to predict. Given that halvings occur every 210,000 blocks, the next Bitcoin halving is expected to happen in 2028
After 32 halvings, the process will stop, and no new bitcoins will be generated. At that point, Bitcoin will reach its maximum supply of 21 million coins
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Binance Alpha is a platform dedicated to uncovering early-stage crypto projects with growth potential within the Web3 ecosystem. Binance Alpha Points are a 【behavioral incentive system】 designed for active Web3 users, recording relevant Alpha activities within Binance Wallet and APP. Users who meet the point threshold can apply for a chance to participate in the airdrop allocation!
Growth Companion @加密小饼干 has compiled the Alpha airdrop rules and practical guide.
If you're interested in joining Alpha, take a look below👇
📌 This forwarded content is for informational and discussion purposes only and does not constitute any investment advice. Please conduct your own research (DYOR) and be mindful of risk management before participating!
加密小饼干
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Attention friends who haven't boarded alpha yet!
Video content: alpha airdrop rules and practical operation
(Next video plans to record the latest alpha anti-pinch tips, if you want to see it, press 1, if you don't want to see it, press the throat.)
The first halving occurred in 2012, reducing the block reward to 25 BTC. Subsequent halvings in 2016, 2020, and 2024 further reduced the block reward to 12.5 BTC, 6.25 BTC, and 3.125 BTC, respectively. Since the exact date of the next halving depends on the block height, it is difficult to predict. Given that halvings occur every 210,000 blocks, the next Bitcoin halving is expected to happen in 2028
After 32 halvings, the process will stop, and no new bitcoins will be generated. At that point, Bitcoin will reach its maximum supply of 21 million coins
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新手学堂天使自治社区
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📘 #币安知识词典 Issue 1: Introduction to Satoshi Nakamoto Consensus
Key components of Satoshi Nakamoto Consensus:
👉 Proof of Work (PoW)
👉 Block Difficulty
👉 Block Rewards and Incentives
👉 Decentralization
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PS: These knowledge points might be on the test! 🤪