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BTC $71,527.75 +2.59%
ETH $2,117.48 +3.62%
BNB $661.43 +2.21%
XRP $1.42 -4.56%
SOL $81.67 -4.53%
TRX $0.2795 -0.47%
DOGE $0.0974 -3.83%
ADA $0.2735 -4.22%
BCH $464.17 +1.71%
LINK $8.64 -2.97%
HYPE $28.98 -1.81%
AAVE $122.61 -3.42%
SUI $0.9138 -6.63%
XLM $0.1605 -4.62%
ZEC $260.31 -8.86%

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Brevis co-founder Michael: In the next decade, 99% of blockchain computing will move off-chain, and ZK proofs will become key infrastructure

At the "Build and Scale in 2026" themed forum held by ChainCatcher in Hong Kong, Michael, co-founder & CEO of the ZK verifiable computing platform Brevis, delivered a keynote speech on "The Infinite Computing Layer Where Everything Can Be Computed," sharing how ZK technology is driving a fundamental transformation in the blockchain computing paradigm.Michael pointed out that the current on-chain computing costs are high and the speed is slow. The "verifiable computing" paradigm proposed by Brevis can offload heavy computations to off-chain, requiring only low-cost verification on-chain, achieving decoupling of computation and verification while supporting privacy protection scenarios.The speech showcased the performance breakthroughs of Brevis's core product, Pico ZKVM: its latest generation, Pico Prism, can complete Ethereum block proofs in an average of 6.9 seconds, with 99.6% of blocks completed within 12 seconds, achieving real-time proof (RTP) for Ethereum for the first time. Currently, Pico ZKVM, as an "on-chain ZK data co-processor," has been applied in various scenarios such as privacy-preserving incentive distribution, high-performance DeFi, and trustless on-chain data computation, providing Rust programming support for developers with zero ZK development experience.Michael predicts that in the next 10 years, 99% of blockchain computing will occur off-chain, verified through ZK proofs. Brevis is driving this process through its verifiable computing infrastructure.

The South Korean academic community questions the restriction on the shareholding ratio of major shareholders in CEX: it may be unconstitutional and inconsistent with international practices

In response to the South Korean financial authorities' discussion on limiting the shareholding ratio of major shareholders in virtual asset exchanges to the range of 15% to 20%, several scholars expressed cautious attitudes at the seminar on "The Direction of Institutionalization of Stablecoin Issuance and Trading Infrastructure" held on January 16. Professor Moon Cheol-woo from Sungkyunkwan University's Business School pointed out that forcibly compressing the shareholding ratio of major shareholders may touch upon property rights protection issues, posing a risk of unconstitutionality.He also mentioned that comparing the equity structures of Binance and Coinbase, it is not uncommon globally for founders to maintain a high shareholding ratio, and such restrictive measures may contradict the international trend of emphasizing responsible management.Additionally, Professor Kim Yoon-kyung from Incheon University believes that directly intervening in the equity structure through ratio limits is too radical and may weaken the industry's innovation and development momentum. Several experts at the meeting suggested that regulatory authorities could guide equity dispersion and compliant development by strengthening the qualification review of major shareholders and improving IPO-related systems, rather than adopting mandatory divestiture arrangements.

Bitwise CIO: Bitcoin returns may be steady and upward in the next decade, but explosive growth is unlikely

Bitwise Chief Investment Officer Matt Hougan stated that Bitcoin is expected to achieve sustained and robust returns over the next decade, but it is unlikely to replicate extreme annual gains. He pointed out that Bitcoin may enter a "long-term slow upward" phase, accompanied by relatively lower volatility, but will still experience periodic pullbacks. Hougan also maintains his view that Bitcoin will strengthen overall by 2026, believing that there is still upward potential for prices next year.Hougan believes that the recent pullback in Bitcoin has significantly converged compared to historical cycles, mainly due to the continuous and slow inflow of institutional funds, which provides support against price declines. ReserveOne Chief Investment Officer Sebastian Beau stated that there is still controversy over whether the four-year cycle of Bitcoin has ended, as the current price has quickly fallen about 30% from its peak, but has not yet experienced the deep adjustments of over 60% seen in previous cycles. Some market participants remain cautious, with trader Peter Brandt expecting Bitcoin to potentially dip to $60,000 in the third quarter of 2026.Regarding macro and policy factors, Hougan believes that the marginal impact of the Trump administration on Bitcoin prices is limited, as the regulatory stance on its "commodity attributes" has become relatively clear, and future policy changes may no longer serve as a major driving force for price increases.
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