Seeing that the GOAT network has launched its Testnet based on BitVM2 technology, there is an implementation worth following: real-time proof of Bitcoin ZK Rollup. This allows for fast ZK Rollup proofs, which is an important development for the infrastructure of BTC L2. From a user experience perspective, there will be a significant improvement in extraction time compared to before, which is beneficial for attracting more developers and users' attention.
So, how can we simply understand it from a technical perspective?
First, let's take a look at the implementation process of Bitcoin L2 on the GOAT network. The GOAT network is a solution based on Bitcoin L2, utilizing BitVM2 and zkMIPS technology, supporting the realization of native BTC earnings (which means participants have the opportunity to earn more BTC). Its process mainly includes Bridge in, Bridge out.

The more I look at the Oracle Machine, the more I feel a sense of approaching essence.
Everyone is familiar with MEV, but not many people know about OEV.
The so-called MEV, according to previous definitions, is Miner Extractable Value; while OEV is Oracle Extractable Value.
There are two rules: those who have extra information can always gain extra profits; however, the more people who know the extra information, the thinner those profits will be.
For example

Author: Liu Honglin
On April 26, 1956, in Newark Port, an old tanker named "Ideal X" slowly sailed out of the harbor. In its hold, there were no gold, oil, or important political figures, but 58 uniform-sized, sealed metal boxes. At this moment, humanity witnessed the true meaning of "container" for the first time.
There was no welcoming crowd, nor any media coverage. But historians later looked back and determined that the significance of this day was no less than the roar of the steam engine or the birth of the internet. This metal box is not the commodity itself, but it has reshaped the way commodities flow; it has not shortened the distance across the oceans, but it has completely reorganized the structure of the global supply chain.
Decades later, in the distant digital world, another "standard" is quietly rising. Its goal is likewise not to change the essence of currency, but to provide a unified interface for the circulation of global currency. Today, we still cannot be certain.

Speaker: Paul S. Atkins, Chairman of the SEC
Compiled by: Alex Liu, Foresight News
The leadership of the United States in the digital financial revolution
Good afternoon everyone. Thank you Norm for the warm introduction, and thank you all for inviting me to attend. I am very happy to be here with all of you, especially at this critical moment when I believe the United States is demonstrating leadership in the crypto asset market. Before sharing some thoughts, I would like to thank the America First Policy Institute for convening this timely discussion. Additionally, to reassure the compliance team, I must state that the views I express today are my own and do not necessarily represent the position of the SEC or any other commissioners.
Today, I want to talk about Hester and me.

In August, multiple dynamics in the encryption industry policies and projects are running parallel, with news such as Trump's tariff latency and the implementation of Hong Kong's stablecoin regulations affecting the market. Non-farm payroll and CPI data are about to be released, with projects like ETH and SUI unlocking, so market risks need to be followed.

In the past 24 hours, the Meme market dynamics include the new launchpad release of moonit memeland, the launch of $Larry Story on ip.world, and the recovery of pump market share, suggesting that an incentive program will be launched. At the same time, the issuance of base Token continues to exceed sol, but its market capitalization share is less than 10%. Users are reminded to exercise caution when participating in PVP and to conduct proper risk assessments.