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Gate Research Daily Report( December 4): In the past 24 hours, Bitcoin (BTC) has increased by 0.12%, but due to political turmoil in South Korea, its price briefly dropped below $94,000. Currently, there are six cryptocurrencies with a market capitalization exceeding $100 billion, led by BTC, ETH, and XRP. Bitcoin long-term holders have reduced their positions to a new low, reflecting increased confidence among holders. Paul Atkins, the leading candidate for SEC Chairman under the Trump administration, has been reported to be unwilling to accept the position. Bitcoin is also facing the upcoming UASF proposal, which may lead to a split within the community. Additionally, Union Labs has completed a $14 million Series A funding round, with investments from Gumi Cryptos Capitals, Longhash Ventures, and others.

With AI unlocking innovation at the application layer, the answer feels pretty clear: apps, apps, and more apps (of course with a bit of infra thrown in. I mean, this is still crypto ). We're already starting to see this shift from the infra cycle to the app cycle play out. AI will simply turbo-charge it.

In the process of an infinite game, finite games may occur, but finite games cannot encompass an infinite game. For example, the competition and debate within Ethereum are not aimed at allowing a particular player to win, but rather at continuously improving Ethereum to make it more refined.

The article discusses the challenges brought by the ever-growing storage demand of Ethereum, particularly the inconsistency in storage behavior among full nodes. To solve this problem, the EIP-4444 and EIP-4844 standardized historical data deletion schemes are proposed. The article introduces the Ethereum Portal network and the EthStorage network as solutions, the former being a lightweight P2P network and the latter an incentivized modular storage network, both aiming to provide decentralized, Ethereum-aligned data storage and access. The article also proposes future development plans, including a decentralized Ethereum state network, proof of storage for dynamic-sized data, and decentralized access from browsers.

This article reevaluates attempts at relay incentives from first principles, aiming to identify a viable path forward for relayers without compromising decentralization.

Vitalik, the founder of Ethereum, announced a large-scale leadership reform of the Ethereum Foundation (EF) on January 18. The goal is to improve the technical level, strengthen communication with the ecosystem, introduce new blood, and support application developers. After several days of fermentation, the outside world is holding a wait-and-see attitude towards the effect of the reform, questioning whether it can revive the Ethereum ecosystem. This article conducts a systematic analysis of the subsequent possibilities of EF's transformation and the subsequent direction of the Ethereum ecosystem.

The article provides a detailed explanation of the importance, workings, Orb operation, key issues, centralization concerns, and how biometric identity verification solutions address privacy concerns after the launch of Worldcoin by Vitalik.

This paper presents a pair of related arguments against the interpretation (and expansion) of Section 1960(b)(2) put forth by the government in the Tornado Cash prosecution.