Headline
▌Vitalik Buterin: Cryptocurrency values are still under attack worldwide
Ethereum co-founder Vitalik Buterin posted on the X platform that he was dissatisfied with the passage of Section 702 of the US surveillance bill "Foreign Intelligence Surveillance Act" by the Senate and reauthorized for two years with 60 votes in favor. He said that cryptocurrency is not just about trading tokens, but part of a broader spirit of protecting freedom and privacy and keeping power in the hands of small people. Unfortunately, these values continue to be attacked worldwide.
▌SlowMist Yu Xian: Inscriptions are to some extent a test field for runes
SlowMist founder Yu Xian said that inscriptions are to some extent a test field for runes. Various large files of inscriptions and a large amount of "meaningless" BRC-20 trace information appeared in the Taproot data of Bitcoin. After being numbered by the CVE vulnerability, it caused an uproar. But inscriptions bring violent aesthetics and are full of topics. Runes are based on the UTXO model, and the data is stored in OP_RETURN (the space is very limited). It is more simple and compact, but due to the limited space, what it can do is also very limited. I am afraid that it is mainly for the circulation of coins.
Market
As of press time, according to Coingecko data:
BTC's latest transaction price is 65,000.01 US dollars, with a daily increase or decrease of +2.23%;
ETH's latest transaction price is 3,150.58 US dollars, with a daily increase or decrease of +3.53%;
BNB's latest transaction price is 571 US dollars, with a daily increase or decrease of +3.19%；
ORDI's latest transaction price is $50.42, with a daily increase or decrease of +12.55%；
DOGE's latest transaction price is $0.1614, with a daily increase or decrease of +4.55%；
SOL's latest transaction price is $149.95, with a daily increase or decrease of +6.44%。
Policy
▌The United States will establish an artificial intelligence partnership with Nigeria
Arthur Brown, deputy director of the U.S. Embassy in Nigeria, revealed at the closing ceremony of the four-day "National Artificial Intelligence Strategy Seminar" held in Abuja that the United States will establish an artificial intelligence partnership with Nigeria and plans to send senior officials to attend the Abuja meeting organized by the bilateral committee between the United States and Nigeria within two weeks. It hopes to cooperate with Nigeria as an equal partner through its various institutions to promote initiatives in areas such as talent training, infrastructure, research and innovation.
Blockchain Application
▌ZKasino: The network will continue to go online, but it has been delayed due to the exchange listing
On April 20, the decentralized betting platform ZKasino said that there are currently many FUD rumors. The ZKasino network will continue to go online, but it has been delayed due to the exchange listing.
MEXC announced today that the launch and withdrawal of ZKasino (ZKAS) will be postponed, and ZKAS recharge will be temporarily suspended. MEXC said it will notify ZKAS of a new schedule for restarting recharge, withdrawal and launch. It is reported that MEXC originally planned to launch ZKasino (ZKAS) at 18:00 on April 20. It is worth noting that MEXC is one of the investors in ZKasino's undisclosed Series A financing in March.
Cryptocurrency
▌Viewpoint: Runes may continue to increase Bitcoin's transaction fees
IntoTheBlock pointed out in its market report on Friday that one of the main reasons why the market is looking forward to Runes is the impact that its main developer Casey Rodarmor has had on Bitcoin through the previously launched Ordinals. Since the emergence of Ordinals, Bitcoin's transaction volume has set new historical highs many times, with most transactions sending Bitcoin worth less than $1 to pay fees. Overall, Ordinals have pushed Bitcoin fees close to all-time highs, and Runes may continue to increase Bitcoin transaction fees.
▌Industry insiders: Grayscale's mini version of GBTC is very unfriendly to existing investors
According to cryptocurrency industry insider Andrew AP Abacus, Grayscale's mini version of GBTC not only charges high fees to long-term investors in the existing low-cost base, but also uses part of the assets to launch a new product with low fees to raise funds, which is very unfriendly to existing investors. Although it may be legally compliant, it is difficult to convince. The person also said that he disagreed with the argument that Grayscale CEO Sonnenshein might defend this move on CNBC, and investors should not trust Grayscale to manage their funds.
▌Chainlink co-founder: More cryptocurrency ETFs will be launched as early as this year
Chainlink co-founder Sergey Nazarov told Cointelegraph in an interview at the Token2049 event in Dubai that in addition to Bitcoin and Ethereum, more ETFs related to other currencies will be launched soon as early as this year, and these ETFs may continue to grow in the future.
Important Economic Dynamics
▌ECB Governing Council Member Mueller: ECB should not rush to further cut interest rates after June
Jinshi Data reported on April 20 that ECB Governing Council member Mueller said that the ECB should not rush to further cut interest rates after possibly taking the first step in June. "We should be cautious not to ease monetary policy too quickly and wait until the data gives us the necessary confidence that inflation is returning to target on a sustained basis," Mueller said. Geopolitical tensions and the possibility of higher oil and energy prices "increase the upside risks to the inflation outlook," he said at the IMF and World Bank Spring Meetings in Washington. Mueller said the "broad consensus" to start reducing borrowing costs within two months "is entirely reasonable." Everything depends on the data input after that. "If economic developments ultimately meet our expectations, it would be reasonable to further cut interest rates before the end of this year." (Jinshi Data APP)
Golden Encyclopedia
▌What is censorship resistance in blockchain technology?
The anti-censorship features of blockchain include: decentralization, unalterable ledgers, transparency, and encryption. Bitcoin's decentralized consensus mechanism, anonymity, and decentralized governance enable it to withstand censorship attempts by any centralized institution and maintain the immutability of its transactions. In the Bitcoin network, miners compete to add transactions to the blockchain and verify them by solving difficult mathematical puzzles. Since the network cannot be controlled by a single party, censorship becomes a challenging task. Any attempt to filter transactions must overwhelm the total processing capacity of the network, which becomes increasingly difficult as the network becomes larger.
Disclaimer: As a blockchain information platform, Golden Finance publishes articles for information reference only and is not intended as actual investment advice. Please establish correct investment concepts and be sure to increase risk awareness.
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