🤔大家說的「BTC 生態」到底指的是什麼？我嘗試把 Bitcoin 生態分成 6 個關鍵場景，大家一起討論。 🔥What does everyone actually mean when they talk about the "BTC ecosystem"? 💡I've tried breaking the Bitcoin ecosystem down into 6 key scenarios. The full English article is in the second half of the tweet.） 1️⃣ 打新：即 Dev 發行新的 Bitcoin 鏈上資產協議，玩家 Mint 和押注新資產協議的 First 標的。 這個從 Brc20 時代開始，歷經 ATOM、Runes 等等，以及今年的 op20 還有最近很熱的 Alkanes。事實上，一個新協議的崛起，都會先經歷「打新炒作」的這個階段。 另一方面，BTC UTXO結構下，只要有點創新的新協議，都有很大機會成為熱點，操盤得當都有階段性的造富效應（dev 有機會名利雙收，對玩家來說成本低、暴擊機率高）。 尤其是今天OP_RETURN 很大概率會放開字節限制，肉眼可見的未來，BTC鏈上的新協議還會如雨後春筍。 所以這個賽道可能會是以小博大玩家的最愛玩兒的賽道。PS：缺點是後期退出流動性差。 2️⃣ 圍繞 Memecoins 的OG 符文、Lauchpad 和 Bitcoin 2.0時代的新符文。 Runes 符文是目前唯一經歷過時間洗禮，並且在24年N個新資產協議中競爭並且發展壯大的協議。 所以真正的社區meme 幣都已經選擇 Runes 符文這個資產標準，比如 $Dog 、 $BDC 和 $RSIC 之類；之前選擇 Brc20 的巫師、木偶 $PUPS 社區，也已經都遷移到了 Runes 標準之下。 所以圍繞 Runes，在25年最熱的是各種 Lauchpad，具備造富效應，比如 odinfun、Blockminer 和 Tyche。 3️⃣Utility Token：就是搞 Bitcoin 新資產的 DeFi 應用的平臺幣。 Liquidium 漲了快兩倍的時候，多少人拍斷大腿。 目前看 RichSwap 的平臺幣 HOPE•YOU•GET•RICH，也有這個潛力，最近是一路上漲。 試問：OdinFun 會不會發幣？Tyche 會不會發幣？其他符文 DEX 還有沒有要發幣的？ 所以關注 BTCFi 應用的平臺幣也是一個重要且極具可玩兒性的場景。 4️⃣ 搞 BTC 支付、搞 Pay 、搞穩定幣的賽道，以閃電網絡和Spark 為代表，以期完成中本聰白皮書裡的支付理想。似乎未來 RWA 也是適合放在 Spark 裡，不知道 @DaPangDunCrypto 老闆怎麼看。 5️⃣搞 BTC 生息的項目，這裡都是天王級的，雖然 TGE 了一波，但相信還會源源不絕。而且一旦有新項目，必然豪華，大概率捨得給福利，不然誰會動手上的大額BTC，當然套路還得防著。 6️⃣玩兒 Ordinals NFT，這是一個特別有bitcoin 文化的賽道，遲早還得熱起來。而且我一直期待能有把 Ordinals NFT 和 Runes 符文結合起來的創新。 ---- Bitcoin 生態其實很熱鬧，只是需要其他智能合約高速鏈把市場測試明白，再回到 Bitcoin 鏈。 以上。 1️⃣ Minting "Firsts" on New Protocols This refers to the process where developers launch new on-chain asset protocols on Bitcoin, and players mint and speculate on the "first" assets issued under these new protocols. This trend started in the #BRC-20 era, continued through protocols like #ATOM and #Runes, and has extended this year to #op20 and the recently popular #Alkanes. In fact, the rise of any new protocol always first goes through this "initial minting hype" phase. On the other hand, under BTC's UTXO structure, any new protocol with even a slight innovation has a high chance of becoming a hot trend. If managed well, it can create a temporary wealth effect (devs have the opportunity for both fame and fortune, while for players, the cost is low and the potential for explosive gains is high). Especially with the high probability that the byte limit for OP_RETURN will be relaxed today, new protocols on the BTC chain will spring up like mushrooms in the foreseeable future. Therefore, this track will likely be a favorite for players looking for high-leverage "small bet, big win" opportunities. P.S. The downside is poor exit liquidity later on. 2️⃣OG Runes, Launchpads, and New Runes of the Bitcoin 2.0 Era The Runes protocol is currently the only one that has stood the test of time, competing against numerous new asset protocols in 2024 to emerge and thrive. That's why genuine community memecoins have all adopted the Runes standard, such as $DOG, $BDC, and $RSIC. Even communities that previously chose BRC-20, like Magic Eden's Wizards and the $PUPS community, have also migrated to the Runes standard. Consequently, the hottest trend surrounding Runes for 2024/2025 is the various launchpads that possess wealth-creation effects, like @Odin_GodOfRunes , @BlockMinerfun , and @tyche_run . 3️⃣ Utility Tokens These are the native platform tokens of DeFi applications built for new Bitcoin assets. When @LiquidiumWTF nearly doubled in price, countless people were kicking themselves in regret. Currently, @RichSwap_REE 's platform token, HOPE•YOU•GET•RICH, is showing similar potential with its recent steady rise. 🌟Will OdinFun launch a token? Will Tyche? 🌟What other Runes DEXs are planning to launch tokens? Therefore, keeping an eye on the platform tokens of BTCFi applications is another important and highly actionable scene. 4️⃣The Payments Track This track, focused on BTC payments, #PayFi, and #stablecoins, is represented by projects like the Lightning Network and @buildonspark, aiming to fulfill the payment vision from Satoshi's whitepaper. 5️⃣ BTC Yield-Bearing Projects This area is dominated by blue-chip, "heavenly king" level projects. Although a wave of them have already had their TGEs, I believe more will continue to emerge. When new projects in this space do appear, they are bound to be top-tier and will likely be generous with rewards—otherwise, who would risk their large BTC holdings? Of course, one must still be wary of potential traps. 6️⃣ Ordinals NFTs This is a track deeply imbued with Bitcoin culture, and it's bound to heat up again sooner or later. Moreover, I've been consistently waiting for an innovation that combines Ordinals NFTs with Runes. --- The Bitcoin ecosystem is actually very lively; it just needs other high-speed smart contract chains to test the market thoroughly before the value settles back on the Bitcoin chain. That's all.