Big Fat Observer (NO.44) ---------------------- [RGB] 1️⃣ Bitlight @Bitlight_wallet wallet has fixed many issues since its optimization, and the user experience has improved significantly; however, there are still some problems that need to be resolved quickly. Some can be optimized at the protocol level (mainly in the pay/receive process), while others can be addressed at the product level (such as Utxo state conflicts); at the same time, I hope to provide users with an approximate timeline for resolving reported issues. 2️⃣ I noticed that some developers are very interested in the previously mentioned "storage layer" and hope to solve it through similar technologies like ar, ifps, etc. I find this quite interesting, and I welcome everyone to start their ventures on the RGB protocol. 3️⃣ Keep track of Maxim's vision network @UVioletAI that he wants to further build based on the RGB protocol. 【Spark】 1️⃣ Since @flashnet started publishing the AMM documentation, there has been a lot of enthusiasm for the Spark network, although the experience was not good, so it was paused for fixes (the BTC ecosystem is indeed like this). 2️⃣ With @MagicEden planning to strongly support Spark, this protocol will likely have a good market effect in the future. I have always emphasized that they have rich commercial resources, and I hope their technology can better align with it. 3️⃣ A significant issue is that once large-scale on-chain sats deposits or transfers are involved, the current network will show obvious problems. I am exploring what the difficulties are, and perhaps @flashnet's official technical staff can provide some theoretical explanations in the community. I still hope they can optimize it, as participation in the ecosystem basically involves BTC, and currently, as soon as a project mints, it tends to crash. 【Airdrop】 1️⃣ The airdrop path at this stage is likely to be quite difficult. On one hand, project parties must hand over considerable chips for TGE (community shares will inevitably shrink), and on the other hand, the concept of a "real community" has changed (traditional airdrop hunters are no longer considered a real community, shifting towards perspectives like IDO where real payments are made); I am not sure where the solution lies, maybe this is just the trend. 2️⃣ I personally think that long-term, non-standard participation methods like public chains are quite inappropriate. Perhaps transitioning to standardized tasks with clear probability-based returns would be a good transitional phase. 【Perps】 1️⃣ What is the core of Crypto? For most people, it may be "trading". Many innovations we see revolve around "trading", with different platforms and various trading forms... As the industry further develops, I believe "trading" will become even more prevalent, even becoming a basic skill that everyone should possess (I personally realized this too late). 2️⃣ In trading, Perps hold a significant market share, inherently speculative; beyond traditional CEX perps, Perps DEX shows strong development potential, and I believe this sector has broader prospects. Therefore, for early-stage promising Perps DEX, everyone should think carefully about how to participate to seize early profit opportunities. 3️⃣ From another perspective, I think Perps also play a role as a "prediction market", reflecting market trends through the competition of funds. 【Security】 1️⃣ The thought of this issue stems from recently seeing some cases due to protocol problems, signature alterations, etc. The current form of transactions is actually quite obscure, and for ordinary people, it is even difficult to understand what their signed transactions are doing, while 99% of people lack the ability to review transactions. 2️⃣ I am also contemplating the integration of security and insurance; it seems that insurance does not perform well in crypto (I am not sure why, maybe because it is hard to define), but security and insurance are very compatible, which feels quite interesting. 【Others】 1️⃣ I find Jack @jack's bitchat program quite interesting (although its current use is limited). From the initial pure Bluetooth network to now being able to choose nostr relays, I think he still has ideas to create such a "unique" network, and we can actually explore some deeper thoughts. 2️⃣ I am also preparing to enter the arbitrage market (mainly for fees, large funds), still learning, hoping to understand more in advance to avoid pitfalls.