八月是最好的夏天 这句话，是 Frank @qinbafrank 最近对市场的判断。 距离上次我和 Frank 聊 SpaceX IPO 已经一月有余，现在正好到了能够回头复盘的时候 但，这次不只聊 SpaceX—— 美股刚经历调整，AI 内部开始分化，黄金却重新向上。市场到底还在押注增长，还是已经在为风险做准备？ 更巧的是，明晚美国 7 月 CPI 会在直播前一小时公布。数据出来之后，美债、美元、科技股、黄金和 BTC 会怎么投票？我们直接看市场反应，不提前猜答案。 ▫️SpaceX：上次的判断，哪些兑现了？ ▫️AI：长期趋势还在，为什么有些好公司反而会跌？ ▫️黄金：哪些关键信号发生了变化？ ▫️八月：机会在哪里，什么风险最值得警惕？ 明晚 21:30，来 OKX 星球直播间！这次也把大约三分之一的时间留给真实弹幕，大家直接来问 😁

I updated my 2023 roadmap diagram to overlay where the items that were there sit in the current Strawmap ( ). In general, a lot of overlap, but: * Some things got reshuffled in order (eg. quantum safety up-prioritized) * Some things deprioritized (eg. VDFs; many EVM improvements) * Some things replaced with superior constructions (eg. Verkle -> unified BT -> PBT; state expiry -> new state types) What's most striking, however, is that some completely new things are in the strawmap that are NOT in this diagram, because they were not in the 2023 roadmap at all. These reflect changing priorities. Notably: * First-class attention to strong privacy. This covers: keyed nonces and recent roots, aspects of FOCIL, lean privacy pool & wormholes * Aggressive scaling in the context of post-quantum. This covers: leanSPHINCS signatures and aggregation, zkzk frames (see ) * Lean-ification of the spec, to assist in formal verification (full FV of everything is only possible because of modern AI) * Blob and gas futures (this idea just didn't exist back in 2023) * Native rollups (SNARKs were nowhere near mature enough to even consider this back in 2023) * A more open design space for the "future of the EVM". zkzk frames already implies that the protocol will expose to users some ISA that's not the EVM - current leading candidates are leanISA and RISC-V. These ISAs are more simple, modern and efficient than the EVM. Once they're there, why not expose them to developers everywhere? (And then, why not turn the EVM into being an IR on top of that ISA, instead of an enshrined feature massively complicating the base protocol?) Though much of the deeper exploration here is too early even for the strawmap. * New state types are not just a replacement for expiry, they're a fundamentally different paradigm to how Ethereum does scaling A common theme in scaling, found in both state types and zkzk frames (both new ideas), is that instead of trying to maximally scale ALL ethereum activity, we try to create specialized mechanisms that have more restrictive properties that make them more scaling-friendly, while supporting the heaviest loads incurred by users and applications today (eg. token transfers, swaps) and tomorrow (eg. privacy protocols). The other common theme is treating STARKs and AI-accelerated FV as first-class objects, that we are okay betting the technical future of Ethereum on. There are recursive STARKs in many layers of the protocol, one particular primitive (the "aggregate to union verified dependencies" primitive) is expected to be used in *three* places in the protocol: EL, CL and DL. This can only be safe with formal verification, which is itself only feasible with modern AI tools. In general, many steps forward in maturity. And a huge amount of hard work by many dozens of Ethereum researchers and developers on all of these features. Ethereum will be quantum-safe. Ethereum will put users' privacy first. Ethereum will be secure. Ethereum will be censorship-resistant. Ethereum will be highly performant and scalable while satisfying the above. And Ethereum will be Lean.

btc eth 的走法太拥挤了，在某一个特定价位可以0.3%振幅波动一整天，尤其这里也是震荡区间顶部，拿着就是恶心人。 CPI之前应该没大涨了，上周的获利盘在出清，市场也需要明确的方向。

From near zero to 80%+ in four weeks. But market share isn’t the destination. The real opportunity is bringing trillions of dollars of traditional financial assets onchain. We’re just getting started. 🚀

我是谢家印，Bitget 大中华区负责人。加入 BG 近3年我一直把自己当成合伙人处理业务，并致力于带领 Bitget 向头部大所看齐。我常对自己说，人嘛总得有点梦想才有机会实现自己的价值。我疯狂地热爱 BG，因为价值观让我们走到一起。不推诿不拖拉不逃避，是 Bitget 面对用户的坚定承诺。 昨天 $TUT 等3个币对标记价格异常给我们用户带来近4000万美元损失，Bitget 补偿。我们将以用户昨天 15:00 的账户权益作为计算基准进行补偿，价格异常期间导致我们用户空仓被强平，将按照15:00 的账户权益进行补偿。 感谢大家对 BG （Bitget）的信任。这个世界本就没有完美的人，没有完美的方案，也没有完美的交易所。交易市场瞬息万变，顺境看产品，逆境看担当。我想你们选择 Bitget 最重要理由是，当真正遇到问题的时候有人回应，有人解决、有人负责、有人兜底。 作为Bitget 的成员，我和我的团队随时在，一直在。过去3年我一直说 Bitget 只做最有温度的交易所，来了就是VIP。还是那句话，我的用户我保护。不论你是散户、VIP 还是机构客户，你永远可以信任BG（Bitget）。 后续复盘不会停止，产品与机制也需要持续迭代。感谢你的监督、反馈与包容。 谢家印 8月10日

Strategy increased its USD Reserve by $650M and repurchased $109M of $STRC. This increased USD Duration by 143 days to 2.7 yrs and tightened STRC's BTC Credit by 10 bps. As of 8/9/26, we hold ₿840,447 in our BTC Reserve and $4.65B in our USD Reserve. $MSTR

最近 Binance TradFi 的亚洲资产版图又补了一块 👀 这次除了快手、美团，也加入了连接 SK 海力士和三星电子相关行情的产品。 我觉得重点其实不只是“又多了 4 个标的”，而是以前分散在不同市场、不同交易时间里的资产，正在慢慢被接进同一个 Binance 账户和 7×24 的交易体系里。 从美股到港股，再到更多亚洲核心资产，一个账户能连接的市场越来越多了。 亚洲用户熟悉的东西，也越来越齐了 🌏

比特币的合约和现货成交量比率今天已经突破了历史新高达到7.82，意味着这是有史以来杠杆率最高的时候，但是反而比特币的波动率却处于历史低位一直横盘，而历史规律每半年波动率会坐一次过山车，现在恰好也到了山脚下，实时数据+刻舟求剑，都说明最近要来一波大的了

币圈又“坠楼”一个，这次是我们中国人。 华人加密大佬 Harry Yeh，Quantum Fintech Group 创始人，2013 年 BTC 才 $60 的时候就入场的老 OG，第一支基金 $250 万起家，做到管理资产超 $24 亿，Fantom、Tomb Finance、LIF3、L3USD 背后都有他的影子。 8 月 7 日凌晨，巴拉圭亚松森 Jade Park 公寓，警方凌晨 4 点半接到报警：他从 30 楼摔了下来。 细节一个比一个离谱： — 被发现时全身赤裸，身上盖着一个黑色塑料袋 — 30 楼公寓大门敞开，屋内被翻得一片狼藉 — 他在同一栋楼还有一套 27 楼的公寓，也被搜证 — 29 岁的巴西女友对警方表示“什么都不知道” 检方说正在排查三种可能：意外、自杀、他杀。 我看完细节，觉得检方可以少排查两个选项。 在币圈赚到 $24 亿的管理规模，最后死在巴拉圭，连块遮体的布都没有。这个行业的财富，有时候真的只是数字。