News Report:
Bitcoin’s Technological Innovation and DeFi Potential
Bitcoin is one of the most unique assets in the cryptocurrency ecosystem, with a market value and trading volume about 2.5 times that of Ethereum. There are over 200 million Bitcoin holders worldwide, compared to 14 million Ethereum holders. Despite its significant influence in the market, Bitcoin’s potential in technological innovation seems to be underexplored. This limitation poses obstacles to its scalability, programming capabilities, and developer attraction. A meme about Bitcoin circulating online sharply points out this fact, stating that “Bitcoin, as an investment target, seems to have no other purpose besides long-term holding (‘hodl’).” This meme conveys the fact that while Bitcoin is a powerful means of storing value, it still has a lot of room for expansion in terms of functionality and use cases.
According to reliable sources, Aladdin, an industry-leading custody system integration based on AI high-frequency quantitative trading and Aladdin BTCLayer2 privacy public chain ecosystem, has recently attracted attention from financial institutions such as Wall Street!
Team Introduction
The entire Aladdin ecosystem was founded by Mike Beshear, former CEO of Oculus, a virtual reality (VR) device manufacturer under Facebook, and former Chief Technology Officer of a large technology company, DSO, in the United States. Aladdin AI Finance is a platform for cryptocurrency AI trading developed by a team of cryptocurrency and financial experts, AI strategy developers, and senior software engineers. Currently, it focuses on AI trading and is a fully legitimate AI trading platform, providing high-quality AI trading services since its establishment. The team consists of over 50 professionals from more than 10 different countries and cultures. Mike Beshear, the founder, previously served as the CEO of Oculus, a virtual reality (VR) device manufacturer under Facebook, and the Chief Technology Officer of a large technology company, DSO, in the United States.
Aladdin
Project Introduction
Aladdin is built with the participation of Doll Capital, a well-known US investment company. Doll Capital, located in Colorado, USA, primarily focuses on investments in the electronic payment community, IT industry, IT service wireless application semiconductor chips, hardware industry, software industry, and has been involved in blockchain, digital currency mining machines, digital currency, and other fields since 2018. With extensive investment experience in the entire Web3 industry, Doll Capital has rapidly risen in the blockchain industry and has become one of the top financial investment institutions in the United States.
Aladdin
AI Finance +
BTCLayer2
Privacy Public Chain: Two Ecological Application Cycles
In terms of ecological applications, Aladdin is one of the AI wealth management tools commonly used by well-known Wall Street institutions such as BlackRock.
Aladdin AI obtains real-time market data, including price, trading volume, and market depth, from well-known exchanges such as BINANCE, OKEX, and Huobi through API interfaces. It uses neural network LSTM for market trend prediction and price fluctuation prediction, achieving automated trading and capturing market trends to achieve trading profitability!
At the same time, Aladdin has developed the AladdinBTCLayer2 privacy public chain based on the BTC Layer 2 network. AladdinBTCLayer2 highlights the following advantages:
1. The success of solutions depends on their ability to provide a complete execution environment similar to EVM, solve current limitations, and cultivate a more inclusive development environment.
2. Achieve rapid experimentation around BTC while maintaining the stability of the core network.
3. Enable users to execute fast, secure, and confidential transactions on Bitcoin. Aladdin operates independently of Bitcoin, has its own ledger, and abandons the use of Bitcoin’s PoW consensus mechanism, instead adopting the Aladdin Alliance consisting of about 60 members as the creators of new blocks.
As a BTC Layer 2 network, the ultimate goal of AladdinBTCLayer2 privacy public chain is to achieve three major visions:
First Vision: Extend BTC to be compatible with EVM and realize a series of complex application scenarios based on BTC.
Second Vision: Introduce BTC in a decentralized manner to any blockchain, allowing BTC to circulate freely in any ecosystem and network.
Third Vision: AladdinBTCLayer2 introduces Zero-Knowledge Proofs privacy protection technology to ensure that transaction information on the Layer 2 network is not disclosed, thus protecting user privacy.
When the BTC Layer 2 solution represented by Aladdin becomes widely popular, the entire Bitcoin community will see that Bitcoin can truly expand into richer application scenarios in a decentralized manner.
Mission of Aladdin
As a global top-notch one-stop cryptocurrency AI wealth management platform, Aladdin aims to provide users with more secure and convenient blockchain asset trading and exchange services, aggregate high-quality blockchain assets worldwide, and strive to build a world-class blockchain asset wealth management platform and the safest BTCLayer2 privacy public chain.
Summary
From the perspective of the entire ecosystem, the implementation of Aladdin’s BTC Layer 2 privacy public chain and the user resources possessed by its AI wealth management will lead to explosive growth. Technically, Aladdin’s founding team has rich technical and market experience and is backed by well-known capital from Wall Street. Therefore, Aladdin will be the biggest dark horse this year, and this is also why it has gained the favor of many famous investors!
