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Home ยป Five Must-Read Articles: Analysis of BTC’s “Cross-Chain” Methods and Security
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Five Must-Read Articles: Analysis of BTC’s “Cross-Chain” Methods and Security

By adminMay. 17, 2024No Comments3 Mins Read
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Five Must-Read Articles: Analysis of BTC's "Cross-Chain" Methods and Security
Five Must-Read Articles: Analysis of BTC's "Cross-Chain" Methods and Security
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Article 1: Understanding the Particle Network Project at a Glance

Do you ever feel lost in the complex world of Web3, with cross-chain challenges and liquidity issues everywhere you turn? Have you ever wondered if there could be a way to make sense of it all? Well, let’s take a look at the concept of Chain Abstraction and find out.

Read more by clicking here.

Article 2: Vitalik: Layer 2 is an Extension of Ethereum’s Culture

In my recent article discussing the differences between Layer 1 and Layer 2 scaling, I ultimately concluded that the most significant distinction between these two approaches is not technical, but organizational (using the term in the sense of “industrial organization”). It’s not about what can be built, but rather what should be built, how the boundaries between different parts of the ecosystem are defined, and how it affects people’s incentives and ability to act. In particular, a Layer 2-centric ecosystem is inherently more diverse and naturally leads to a greater variety of approaches to scaling, virtual machine design, and other technical features.

Read more by clicking here.

Article 3: Understanding the Past and Future of PEPE, with a growth rate of over 1100% this year

With an increase of over 100% this month and a staggering 1100% growth rate since the beginning of the year, PEPE has soared to become the third-largest memecoin with a market capitalization of $6.2 billion. Since its launch in April 2023, this infamous frog has had a significant impact on the Ethereum memecoin ecosystem and has become one of the most consensus-reaching games in this cycle. In this article, let’s take a look at the initial development of PEPE and delve into its recent rise and related matters.

Read more by clicking here.

Article 4: The Money Laundering and Chinese Female Fugitive Behind 61,000 Bitcoins

Chinese law enforcement authorities, through Interpol, issued a red notice for the main suspect, Qian Zhimin, and launched a global manhunt. They have been engaging in international fugitive repatriation and asset recovery cooperation with law enforcement agencies in the UK and other countries. These efforts will be of historic significance.

On May 22, local time in the UK, Qian Zhimin appeared in court in London, with the trial expected to take place on October 21, 2024. Qian Zhimin is the main suspect in a case involving the illegal absorption of public deposits in China, with an involved amount of over 40.2 billion yuan.

Read more by clicking here.

Article 5: Analysis of BTC’s Cross-Chain Methods and Security

When it comes to the BTC ecosystem, it’s inevitable to discuss BTC’s “cross-chain” capabilities. Unlike the EVM ecosystem, the BTC mainnet does not have Turing-complete smart contract capabilities, making it temporarily unable to implement cross-chain solutions similar to those in the EVM ecosystem. In this article, I will provide an accessible introduction to the common cross-chain methods of BTC and briefly analyze their security.

Read more by clicking here.

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