# Network Related Articles

HTX News Center provides the latest articles and in-depth analysis on "Network", covering market trends, project updates, tech developments, and regulatory policies in the crypto industry.

Michael Saylor Compares Bitcoin and Gold!

Michael Saylor, founder of MicroStrategy, argues that Bitcoin fundamentally changes how wealth is stored and transferred by transforming digital scarcity into economic value. He describes Bitcoin as the first digital monetary network, combining computers, digital networks, and cryptography. It digitizes monetary assets, allowing their supply to be controlled by public protocols rather than institutions, thus converting economic value into information transmissible over global networks. Comparing Bitcoin to gold, Saylor states that while increasing Bitcoin's supply is harder, its integration with software and transfer is easier. He highlights Bitcoin's proof-of-work mechanism, which ties it to the physical world by consuming real energy to secure the ledger, making past transactions immutable. This creates a shared security system involving miners, energy companies, and investors. Saylor suggests "digital monetary energy" is a more accurate term than "digital gold." He emphasizes that the Bitcoin network is an adaptive ecosystem of miners, nodes, developers, and users. Its core design is intentionally simple, focused on maintaining a secure ledger for scarce digital assets, with complex functionalities built in higher-layer applications. This architecture allows Bitcoin to serve as a foundation for transmitting value and fostering innovation in payments and financial services. Saylor notes Bitcoin's deeper impact lies in creating digital sovereignty, where private keys give individuals permissionless control over their economic power, with ownership verified mathematically, not by institutions. He concludes that while gold's physical scarcity makes it money, Bitcoin's digital scarcity does the same, characterizing Bitcoin as the monetary energy of the digital age.

cryptonews.ru08/16 10:45

Michael Saylor Compares Bitcoin and Gold!

cryptonews.ru08/16 10:45

Glassnode: Bitcoin Recovery Continues, But This Key Signal is Missing!

Glassnode reports that Bitcoin's recovery continues but lacks a key signal. While the price has stabilized around $65,000 after rebounding from June lows near $58,000, the firm characterizes the market outlook as a "transitional recovery." Despite stable prices below $66,000 and a return to neutral momentum, overall exchange trading volume remains low. Analysts note this divergence suggests a gradual demand increase rather than widespread speculative frenzy. In derivatives markets, perp futures buying activity has surged, yet open interest and funding rates remain moderate, indicating controlled leverage. Options market skew has narrowed, showing reduced demand for downside protection. A key positive signal is robust institutional demand, with regulated Bitcoin investment products seeing significant net inflows. Blockchain data also shows an increase in "hot capital" and a rising ratio of short-term to long-term holder supply, signaling price-sensitive capital is re-entering the market. However, key on-chain metrics have not recovered. Active addresses, blockchain transaction volume, and fee revenue remain near lower statistical bounds, indicating low organic network demand and a lack of urgency among investors. Overall network profitability has seen only minor improvement, with realized losses still exceeding profits. Glassnode concludes that while institutional inflows, spot/futures demand, and reduced defensive positioning are positive, low spot liquidity and weak on-chain activity indicate the recovery hasn't yet broadened into a full bull phase. A sustained break above $66,000 is seen as a critical level to watch for confirming a stronger upward trend.

cryptonews.ru08/10 19:06

Glassnode: Bitcoin Recovery Continues, But This Key Signal is Missing!

cryptonews.ru08/10 19:06

Bitcoin's "Anti-Spam" Update Failed, Lasting Less Than a Day

A Bitcoin update proposal aimed at curbing spam by temporarily banning non-financial data from being stored on the network, BIP-110, has failed decisively. After months of debate, developers attempted to launch a separate blockchain, which collapsed within a day. The failure stemmed from a critical lack of miner support, with less than 1% signaling approval for the update. The vast majority of miners chose to continue mining the main Bitcoin blockchain without providing explanations. Despite this, the initiative's developers proceeded to launch an alternative blockchain—a hard fork of Bitcoin—on August 8. This meant a small subset of miners stopped mining Bitcoin to support the new chain with BIP-110 changes. However, the new network inherited Bitcoin's mining difficulty. With only a tiny fraction of the total computational power, block times stretched to roughly 7 hours instead of the standard 10 minutes, rendering the network practically non-functional. Michael Saylor, founder of major corporate Bitcoin holder MicroStrategy and a vocal opponent of BIP-110, commented: "Bitcoin worked exactly as designed. The BIP-110 fork occurred, and network participants were free to choose which chain to follow. As a result, about 99.85% of the network's hash power remained with Bitcoin." The event had no significant impact on Bitcoin's price, which traded in a narrow range between approximately $64.5k and $65.5k from August 7 through August 10.

cryptonews.ru08/10 11:40

Bitcoin's "Anti-Spam" Update Failed, Lasting Less Than a Day

cryptonews.ru08/10 11:40

ZEUS shuts down its infrastructure following a hacker attack; this is the third Lightning network outage within a week

On August 5, the ZEUS wallet disabled its Lightning services following a cybersecurity incident, becoming the third major Lightning service provider (after Boltz and AQUA) to halt operations within roughly 72 hours. ZEUS confirmed the attack was contained and no user funds were lost. These sequential outages raised user concerns about the security of Lightning infrastructure providers, though not about the underlying Bitcoin Lightning Network itself. Broader crypto markets showed little reaction, with Bitcoin trading around $64,600. ZEUS founder Evan Kaloudis stated the company disabled its infrastructure for a comprehensive security audit. While customer channels were affected, ZEUS assured that funds were safe and promised replacement liquidity service provider (LSP) channels upon restoration. Despite the disruptions, analytics from Lightning Amboss indicated the overall Lightning Network remained healthy. Public network capacity and channel count actually saw slight increases during the week of the incidents. The events are seen as highlighting risks associated with centralized dependencies within the Lightning ecosystem, reinforcing the value of self-custody and decentralized node operation. ZEUS stated the incident will strengthen its security measures, referencing its prior SOC 2 audit and plans to implement technologies like Validating Lightning Signer (VLS) to enhance long-term security.

cryptonews.ru08/06 11:20

ZEUS shuts down its infrastructure following a hacker attack; this is the third Lightning network outage within a week

cryptonews.ru08/06 11:20

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