先生笔下人

Recently, the Bitcoin ecosystem has been booming, and in 2026, Bitcoin ETF funds are continuously pouring in. Everyone is looking for the next Layer 2 that can truly be used. As a result, I found that Plasma ($XPL) is just perfect! It’s not the ordinary flashy Layer 2, but a payment layer built directly on the native foundation of Bitcoin, completely inheriting Bitcoin's security while driving speed and costs down to the floor. It’s incredibly smooth for everyday small payments! Think about it, Bitcoin transfers used to be slow and expensive, often congested. Now with Plasma, it’s instant, and the transaction fees are almost negligible. The key is that it uses Bitcoin's UTXO model, completely decentralized, without the risks of centralized operations. Many people worry about too many centralized nodes in the Lightning Network or the fragmented liquidity of other Layer 2s, but Plasma directly avoids these pitfalls. It has an amazing XPL Parallel VM that can handle massive transactions simultaneously while being perfectly compatible with the Bitcoin main chain. Whether you want to transfer funds, engage in DeFi, or buy coffee daily, you can accomplish it all there. The $XPL token is not just for show; it is the native fuel of the network. Holding it allows participation in governance and staking for earnings, and some complex transactions require it to pay Gas. Simply put, the more popular the network gets, the more valuable $XPL becomes. Isn’t this the value capture we desire? Now, the Plasma ecosystem is expanding rapidly, with a bunch of DApps and payment applications running on the testnet. Once the mainnet goes live, a wave of Bitcoin holders will likely move their liquidity over. Just think, with such a solid security foundation as Bitcoin, combined with a truly good payment experience, who can resist the future? I personally see great potential for it in the payment sector. The world is pushing for Bitcoin payment scenarios, with increasing acceptance among merchants. Plasma is perfectly positioned for this trend. Compared to other Layer 2 solutions, it doesn't get into complicated cross-chain stuff; it focuses on making Bitcoin payments fast, cheap, and secure. For those who have held Bitcoin long-term, isn’t this the kind of infrastructure we’ve been waiting for to truly utilize BTC? Of course, the ecosystem is still in its early stages, and there are definitely risks, but the opportunities are also significant. Developer tools are improving, and the community is becoming more active. I have already started paying attention, occasionally exploring the testnet, and I feel optimistic about the future. What about you? Do you also think Plasma can take Bitcoin to the next level? In short, Plasma is not just a project; it might be a key link in Bitcoin's true journey toward mainstream payment adoption. For those who missed the early days of Bitcoin, don’t miss out on this infrastructure-level opportunity! Take action, and research $XPL; the future is here, let’s charge forward together!#Plasma $XPL @Plasma

I have been playing DeFi for more than two years, from the earliest Uniswap to later Aave and Curve, switching countless times on and off-chain. The biggest pain point is the fragmentation of liquidity: to borrow, you have to run to this protocol, to swap coins, you have to run to that DEX, and in between there are a bunch of gas fees and slippage. Recently, I browsed Binance Square and saw several people chatting about Plasma. I didn't pay much attention at first, but when I clicked in, the project direction directly hit my pain point—what they are doing is a true liquidity aggregation + decentralized lending platform. PPDEX pulls the depth of mainstream chains into one pool, and the slippage is ridiculously low when used. I tested a few large swaps, and basically didn't incur any significant losses; the experience is much better than a single DEX. More importantly, the team's execution ability is online, with progress updates almost every week, and the roadmap is being implemented step by step, unlike those projects that disappear after releasing a white paper. The design of the XPL token is also relatively reasonable, with a currently low circulation, and the community is slowly expanding. Recently, there are also some liquidity mining and interaction tasks with low thresholds, making it easy to earn rewards. Personally, I have already moved some idle funds into the Plasma ecosystem, saving gas with daily operations on PPDEX while also holding a small position of $XPL for long-term. After all, in the DeFi industry, there are really not many high-quality projects in the early stages, and it would be a pity to miss out. #plasma This topic is also quite lively, with some sharing their tested experiences and others asking questions; the atmosphere is much more genuine than many purely speculative projects. Anyway, I have now pinned XPL, and I will be the first to try new features as they come. Friends with similar experiences or looking for efficient DeFi tools are strongly advised to experience it for themselves; don’t just listen to me—only by actually using it can you know whether it’s worth it! For now, I will observe and decide later whether to increase my position based on future performance.
@Plasma
Looking at Twitter, the project direction directly hit my pain point—what they are doing is a true liquidity aggregation + decentralized lending platform. PPDEX pulls the depth of mainstream chains into one pool, and the slippage is ridiculously low when used. I tested a few large swaps, and basically didn't incur any significant losses; the experience is much better than a single DEX. More importantly, the team's execution ability is online, with progress updates almost every week, and the roadmap is being implemented step by step, unlike those projects that disappear after releasing a white paper. The design of the XPL token is also relatively reasonable, with a currently low circulation, and the community is slowly expanding. Recently, there are also some liquidity mining and interaction tasks with low thresholds, making it easy to earn rewards. Personally, I have already moved some idle funds into the Plasma ecosystem, saving gas with daily operations on PPDEX while also holding a small position of $XPL for long-term. After all, in the DeFi industry, there are really not many high-quality projects in the early stages, and it would be a pity to miss out. #plasma This topic is also quite lively, with some sharing their tested experiences and others asking questions; the atmosphere is much more genuine than many purely speculative projects. Anyway, I have now pinned XPL, and I will be the first to try new features as they come. Friends with similar experiences or looking for efficient DeFi tools are strongly advised to experience it for themselves; don’t just listen to me—only by actually using it can you know whether it’s worth it! For now, I will observe and decide later whether to increase my position based on future performance.

Speaking of the Dusk Foundation, I think of one word - 'stability'. The crypto space is too restless, with projects either inflating their promises or pulling the rug, while the foundation remains low-key and pragmatic from start to finish. The funds raised in 2018 were not wasted, all used to hire people and optimize the protocol. The ZK proofs have progressed from being bulky in the early days to now being lightweight and efficient, with visible improvements. The mainnet is as stable as an old dog, having hardly encountered any security incidents over the years, which is rare in Layer 1.
The compliance route is the long-term strategy.
The smartest thing about the foundation is that it hasn't taken privacy to extremes but has followed a compliant route. Selective disclosure allows users to decide the visibility of information, protecting privacy while leaving a backdoor for regulation, making institutions feel secure. Imagine supply chain finance on the blockchain, where order details are not visible to competitors, but can be disclosed at the click of a button during bank reviews; hospitals sharing research data while completely hiding patient information. Such demand for scenarios truly exists, and the foundation laid its groundwork early, which now seems very visionary.

The Dusk Foundation has really been low-key. Over the years, I have followed countless projects, most of which shout slogans during bull markets and run away during bear markets, but the foundation has consistently done its own thing: no pump, no influencers, and a full focus on technology. The mainnet has been live for several years, and the ZK solutions have gone through several iterations, with performance becoming increasingly strong, and Gas fees low to the point of being negligible. Privacy transfers and contract executions are incredibly smooth.
The understanding of privacy is particularly on point
I particularly like the foundation's understanding of privacy; it's not just about hiding coins, but also about ensuring that smart contracts have privacy while remaining compliant. The selective disclosure feature is cleverly designed, allowing users to generate keys for regulators or auditors, thus protecting regular users without directly confronting policies. With a strict regulatory environment in Europe, the foundation's team has local roots and knows how to avoid offending both sides. In the future, as institutions enter the market in droves, for DeFi, supply chain finance, and medical data on the chain that require confidentiality, Dusk is definitely the first choice.

The DUSK creator task at Binance Square directly pulled me back to my old pit. Since the foundation's ICO in 2018, they have not followed the usual path. While other projects are busy speculating on coins and driving prices up, the Dusk Foundation has invested almost all the funds raised into technical research and development. In the area of zero-knowledge proofs, they have optimized from the Plonk foundation through generations, with proof generation time getting shorter and costs decreasing. The mainnet has been running for several years with almost no major issues, which is really rare for privacy chains.
The design of compliant privacy is very clever.
What I admire most is the foundation's concept of 'compliant privacy'. Complete anonymity has long been targeted by regulators, and full transparency cannot protect users. The foundation wisely implemented selective disclosure: users decide which information can be shared with third parties. This is especially suitable for institutions, such as tokenization of real-world assets where commercial details cannot be leaked, yet cooperation is needed during regulatory checks; medical data sharing is similar, where patient privacy must be protected, but research requires data flow. The foundation got ahead of this issue early on, and it really shows foresight now.

The old rules apply, and it's the Binance Square event that keeps me up at night. Last week, I stumbled upon the XPL special area, themed "Imagining the Future of the XPL Ecosystem". Submissions can be articles, videos, or even mind maps, with a total prize pool of 1.75 million XPL for the top 100 entries. I thought, isn't this just a windfall? I immediately wrote three pieces. The first discussed how XPL emerged from the Cosmos ecosystem, focusing on cross-chain games and NFTs. The second highlighted their potential collaborations with major gaming companies, and the third simply illustrated a mind map comparing XPL's roadmap with competitors. Submitting is super easy; just go to the XPL section in the square, upload your text or video, and tag it. The requirement is originality—no plagiarism or fluff. I kept all three pieces between 200-600 words with some images, and the review speed was absurdly fast: the first was around 200 words, the second about 500 words, and the third also around 200 words, at zero cost, earning effortlessly. Why am I so into this? First, the XPL project is genuinely interesting. It was previously called XPLA, developed by a group of Koreans from Com2uS, focusing on gaming chains with low fees and high speed. There are already a few blockchain games running in the ecosystem. Recently, the cross-chain bridge has been doing well, allowing seamless integration with Ethereum and BSC, making asset transfers during gameplay super convenient. Binance is clearly trying to push some hype with this square resource, and the price of XPL has quietly risen over 10 points in the last few days. Second, I've been participating in square activities for half a year now and have never backed out; the prize pool is real. It's much more reliable than those pump groups, plus I get to practice my writing and learn some project knowledge. Third, in this bear market, airdrops are a lifeline, and every bit counts. The activity still has about ten days left, and the prize pool still looks substantial. I've set my sights on the top 20 and am working on a fourth piece, planning to make a strong comparison between XPL and older gaming chains like Axie. If you guys are also free, hurry up and write a couple of pieces, discussing your thoughts on XPL, gaming experiences, or whatever, just don’t make them too short. If we break into the rankings, the bonuses for the top three will be substantial. I, for one, have already made a killing and even dream with a smile.

To be honest, I'm used to browsing Binance Square, seeing various projects holding activities every day. Last week, I saw VANRY opening a special area in the square with the theme 'Vanar Ecosystem Imagination'. Submitting articles, videos, or even drawing mind maps can participate, with a total prize pool of several hundred thousand VANRY, plus extra prizes for the top ten. I thought to myself, isn't this a free grab? I quickly wrote two long articles, one discussing how Vanar combines AI and blockchain, and the other criticizing why most current AI projects are unreliable, while also promoting VANRY's real-name facial recognition login and on-chain computing power sharing. The submission process was super simple; just click into the VANRY section in the square and upload. The requirement was just originality and to include the topic #VANRYxBinanceSquare. The review speed surprised me; the first article was approved that same night, and the next day I directly received over 500 VANRY, while the second article earned me over 300. Calculating, it was a small profit, and the key is that it cost me nothing. The activity was actually the project party boosting community engagement. Vanar Chain used to be called Vana, and since its renaming last year, it has been quietly focusing on technology, targeting entertainment and AI, with fast chain speed and low fees. There are already several games and NFT projects in the ecosystem. Binance this time provided resources to the square, probably to push a wave of post-listing excitement. The price of VANRY has also stabilized a lot recently, pulling up about 20% during the activity. Why am I so actively participating? First, I really believe the project has potential; the AI + blockchain track is bound to explode sooner or later; second, the activities on Binance Square are generally quite reliable and won't let you down; third, it's currently a bear market, so grabbing some airdrops for pocket money is nice. The activity still has more than a week left; the prize pool looks to have more than half remaining. If you guys are free, hurry up and write a couple of articles; just casually chat about your views on the project, and as long as you don't plagiarize, you'll get approved. If you happen to be in the top three, then you could really make a fortune. I'm just lying back waiting for the final ranking, and I'm having a great time.@Vanar #Vanar $VANRY

To be honest, I have gotten used to browsing Binance Square, watching various project parties hold activities every day. Last week, I saw VANRY open a special area in the square, themed 'Vision for the Vanar Ecosystem'. Submitting articles, videos, or even drawing mind maps could participate, with a prize pool of several hundred thousand VANRY, plus extra prizes for the top ten. I thought to myself, isn't this just free money? I quickly put together two long articles, one discussing how Vanar combines AI and blockchain, and the other complaining about why most current AI projects are unreliable, while also praising VANRY's real-person facial recognition login and on-chain computing power sharing. The submission process was super simple; just click into the VANRY special area in the square and upload it. The only requirement is originality and include the topic #VANRYxBinanceSquare. I was surprised by the review speed; the first article was approved that same night, and the next day, I directly received over 500 VANRY, and the second article earned me another 300+. It turned out to be a small profit, and the key is that it was at zero cost. Behind the activity, the project party is actually pulling community heat. Vanar Chain was previously called Vana, and after renaming last year, it has been quietly working on technology, focusing on entertainment and AI. The chain speed is fast, and the fees are low, with several games and NFT projects already in the ecosystem. Binance is providing resources for the square this time, probably looking to boost the excitement after the listing. The price of VANRY has stabilized quite a bit lately, and during the activity, it has increased nearly 20%. Why am I so actively participating? First, I really think the project has potential; the AI + blockchain track will explode sooner or later; second, Binance Square's activities are generally quite reliable and won't let you down; third, it's a bear market right now, and grabbing airdrops as pocket money is nice. The activity still has more than a week to go, and the prize pool still looks like it has more than half left. If you guys have some free time, hurry up and write a couple of articles; just casually share your thoughts on the projects, and as long as you don't plagiarize, you'll pass the review. If you happen to be in the top three, you'll be rich! I'm just lying back and waiting for the final ranking, having a lot of fun.@Vanar $VANRY #Vanry

In recent years, regulation has become stricter, and the tracking of on-chain addresses is no longer news. A while ago, the U.S. Treasury sanctioned Tornado Cash, which left the entire privacy track in shock. Many people think privacy coins are doomed, but I believe this is an opportunity for reshuffling—the purely anonymous projects will find it increasingly difficult to survive, while compliant privacy solutions may have a chance. DUSK is one of the few that I see going in the right direction. From the very beginning, it didn't intend to confront regulation head-on but instead left a backdoor: users can voluntarily generate viewing keys to show transaction details to third parties. This is particularly appealing in the European regulatory environment, where there are high demands for data protection (GDPR), but there is also a need to prevent money laundering. In terms of use cases, besides ordinary DeFi, I think DUSK is most promising for enterprise-level applications. For example, supply chain finance: companies collaborating do not want their competitors to know the order amounts and delivery details, but banks need to see them during audits. The same goes for medical data sharing; hospitals need to collaborate on research, patient privacy cannot leak, but they must cooperate during regulatory inspections. DUSK's privacy contracts just happen to meet this demand for 'partial transparency.' The ecosystem is indeed still weak, with a pitifully low TVL and not many decent DApps. But with the foundational chain stabilized and development tools in place, it's just one step away. The team has been hiring recently, and the budget seems quite sufficient. I guess there will be some cooperative news starting next year, and once institutions truly bring their assets over, liquidity will no longer be an issue. In terms of price, the current market cap is really too low. Projects that were born after it are valued in the hundreds of millions to billions, while DUSK is still standing still. But I actually think this is a good thing; the bad news has mostly been exhausted, and what's left are potential positives. Personally, I have locked part of my funds into DUSK, preparing to hold for three to five years. The issue of privacy will not be suppressed forever; one day it will explode. By then, those who came in early will probably wake up laughing.@Dusk #Dusk $DUSK

The most impressive thing about the DUSK project is the team's dedication to hard work. The founders are a group of Dutch individuals with backgrounds primarily in cryptography and fintech, having previously worked in traditional financial institutions. They started their project in 2018, during the peak of the ICO boom, and managed to raise some funds, but afterwards, they hardly promoted it. Over the years, I have followed their GitHub, and the update frequency has been consistently steady. The mainnet was delayed once in 2021, which made the community a bit anxious, but later they explained the reason clearly: they wanted to optimize the privacy module further. As a result, after the mainnet launched in 2023, it has hardly encountered major issues, which is much better than many projects that rushed to launch. In the past six months, they have been working on three things: 1. Optimizing the speed of ZK proofs, and I've heard the new version can reduce generation time to under 1 second; 2. Launching a decentralized identity system called Dusk ID, which allows users to control the degree of disclosure of their data; 3. Discussing partnerships with several traditional financial institutions in Europe to pilot real-world asset tokenization. Although there hasn't been an official announcement, there are occasional leaks of information in the community. I particularly appreciate their low-key marketing style. The crypto space is currently very restless, with people easily pulling in influencers, posting memes, or rushing onto new exchanges. DUSK has done almost nothing in terms of marketing, surviving solely on its whitepaper and technical updates. However, because of this, the price has been stagnant; retail investors can't understand it, and institutions find the liquidity lacking. At the current valuation, it's practically a gift. Sometimes I wonder, if one day they suddenly announce a partnership with a major institution or get listed on Binance, wouldn't the price skyrocket tenfold overnight? But the team seems to be in no rush, continuing to do things their own way. Perhaps they are not aiming for short-term speculation but genuinely want to build an infrastructure that can last for ten years. Such projects are really rare these days. @Dusk #Dusk $DUSK

To be honest, I have been in the crypto space for several years and have seen too many projects rise and fall. During the bull market in 2021, I chased various trends, buying everything from Solana, Layer 2, to meme coins, but in the end, only a few have remained until now. DUSK is something I started paying attention to in 2023 when its price was still hovering around $0.1, and no one cared about it. Why did I suddenly notice it? Because during that time I was researching the privacy sector. Although Zcash and Monero are well-established, they have never escaped their small circles and are basically just speculative tools. Secret Network offers privacy contracts, but its performance has always been criticized. Ethereum has Tornado Cash as a mixer, but it gets stifled under regulatory pressure. What I want is a project that can run complex contracts, genuinely protect privacy, and not completely oppose regulation. DUSK happens to fit into this gap. Its core selling point is 'compliant privacy'—hiding transaction content with zero-knowledge proofs while being able to selectively disclose necessary information to regulatory bodies. This sounds a bit like 'pleasing both sides,' but that's how the real world works. Institutions wanting to engage in on-chain finance definitely don't want their trade secrets to be known by everyone; regulators can't just allow complete anonymity either. What DUSK aims to do is leave a path for both sides. Technically, they built a Layer 1 from scratch, using PoS consensus, with fast block times and low gas fees. The privacy aspect mainly relies on a ZK solution called Zeta, which is said to be modified based on Plonk, and the proof generation speed is decent. Most importantly, they didn't make privacy an optional plugin but directly embedded it into the protocol layer, which is much stronger than many later projects that added privacy. After the mainnet went live, I personally tried it out. Transfers indeed don't show details, and deploying a simple privacy token contract is quite smooth. Although there are still very few DApps, the infrastructure has already been mostly built. Recently, they have also been promoting decentralized identity and cross-chain privacy bridges, showing that their ambitions are not small. From an investment perspective, DUSK's circulating market cap is ridiculously low, only a few tens of millions of dollars. The team holds a large number of tokens without selling much, and development progress has been consistent. The community, although small, consists of true believers with no pump-and-dump schemes. My personal position isn't heavy, but I have already placed DUSK on my long-term holding list. The demand for privacy will only grow stronger, and sooner or later there will be an explosive point. If that moment comes, the returns could be even more exaggerated than those of early Ethereum. Of course, there are risks, mainly whether the ecosystem can thrive. But I bet it can endure.