1. Chain Abstraction Panorama: Classification, Tiers, and Full Implementation

In 2024, the chain abstraction vertical is growing exponentially, and teams across the industry are working towards a common goal: simplifying the experience of Web3 users in a multi-chain, fragmented ecosystem. The fragmentation of blockchain is deeply rooted at the technical, economic, and cultural levels. Therefore, chain abstraction cannot be achieved as a whole through a single universal solution. Even in the early stages of the technology, it became clear that there were multiple standards, approaches, and understandings of chain abstraction, all of which addressed different parts of friction across chains.  Click to read

2.a16z: 8 Challenges in Blockchain Mechanism Design

In-depth study of a field will teach you to recognize that problems that arise in the real world are just poor disguises of those that have been well solved. For example, when I taught the basics of algorithms, students learned how to identify problems that boil down to shortest path calculations or linear programming. Click to read

3.Coinbase: One article to understand the EigenLayer AVS pattern

EigenLayer is an Ethereum-based protocol that introduces a re-staking mechanism, which is a new primitive in cryptoeconomic security. In essence, EigenLayer consists of a series of smart contracts that allow users to choose to "re-stake" their staked ETH or Liquid Staking Tokens (LST) to bootstrap new Proof of Stake (PoS) networks and services in the Ethereum ecosystem and obtain additional staking income/rewards. Click to read

4. How to view the current chain narrative and its future development

At this stage, the chain narrative or the narrative of Mass adoption, we can find that they are all doing the same thing - like an onion, wrapping various complex underlying operations layer by layer into something simple and easy for users to use. Click to read

5. What impact does the runaway US debt have on Bitcoin?

On the surface, the US debt-to-GDP ratio does not seem so bad globally. In 2023, this figure is lower than the average of the Group of Seven (G7) countries (123%), and is less than about half of the world's most indebted country, Japan, whose debt is as high as 255% of GDP in 2023. Click to read