{"id":1103,"date":"2025-05-19T17:29:19","date_gmt":"2025-05-19T09:29:19","guid":{"rendered":"https:\/\/www.db-hk.com\/?p=1103"},"modified":"2025-05-19T17:29:19","modified_gmt":"2025-05-19T09:29:19","slug":"%e4%bb%a5%e5%a4%aa%e5%9d%8a%e4%b8%8el2%e7%9a%84%e4%bb%b7%e5%80%bc%ef%bc%9a%e4%bb%8ecrypto%e5%95%86%e4%b8%9a%e6%a8%a1%e5%bc%8f%e8%a7%86%e8%a7%92%e8%a7%a3%e6%9e%90","status":"publish","type":"post","link":"http:\/\/www.fubairui.net\/?p=1103","title":{"rendered":"\u4ee5\u592a\u574a\u4e0eL2\u7684\u4ef7\u503c\uff1a\u4eceCrypto\u5546\u4e1a\u6a21\u5f0f\u89c6\u89d2\u89e3\u6790"},"content":{"rendered":"

1. Crypto \u7684\u5546\u4e1a\u6a21\u5f0f<\/strong><\/p>\n

\u6700\u8fd1\u6709\u8bb8\u591a\u5bf9\u4e8e\u4ee5\u592a\u574a\u548c L2 \u4ef7\u503c\u79ef\u7d2f\u7684\u6279\u8bc4\uff0c\u4ee5\u592a\u574a\u548c L2 \u65e5\u65b0\u6708\u5f02\u7684\u63a2\u7d22\u5f0f\u53d1\u5c55\uff0c\u4e3a\u5176\u4ef7\u503c\u8bc4\u4f30\u5e26\u6765\u4e86\u96be\u9898\u3002\u672c\u6587\u5c1d\u8bd5\u7ed9\u51fa\u4e00\u4e9b\u601d\u8003\u65b9\u5411\u3002\u5728\u804a\u5982\u4f55\u5177\u4f53\u770b\u5f85\u4ee5\u592a\u574a\u548c L2 \u7684\u5546\u4e1a\u6a21\u5f0f\u4e4b\u524d\uff0c\u6211\u4eec\u5148\u6765\u770b\u4e00\u4e0b\u6574\u4e2a Crypto \u5b58\u5728\u7684\u5546\u4e1a\u6a21\u5f0f\u3002<\/p>\n

1.1 \u300c\u4f01\u4e1a\u300d\u7c7b<\/strong><\/p>\n

\u6838\u5fc3\uff1a\u63a7\u5236 + \u5784\u65ad\uff08\u8bb8\u53ef\uff09\u3001\u4ef7\u683c\u6b67\u89c6\u5e26\u6765\u5229\u6da6<\/p>\n

\u8fd9\u4e00\u7c7b\u6a21\u5f0f\u7684\u91cd\u70b9\u5728\u4e8e\uff0c\u901a\u8fc7\u5bf9\u670d\u52a1\u548c\u534f\u8bae\u7684\u9ad8\u5ea6\u638c\u63a7\uff0c\u8fbe\u5230\u63d0\u9ad8\u6536\u5165\u7684\u76ee\u6807\uff0c\u4e0e\u4f20\u7edf\u516c\u53f8\u7ecf\u8425\u51c6\u5219\u65e0\u5f02\u3002\u8fd9\u91cc\u53bb\u4e2d\u5fc3\u5316\u662f\u9ad8\u5ea6\u53ef\u820d\u5f03\u7684\uff0c\u53ea\u9700\u8981\u505a\u5230\u8ba9\u7528\u6237\u63a5\u53d7\u7684\u7a0b\u5ea6\u5373\u53ef\u3002\u672c\u8d28\u4f5c\u4e3a\u76c8\u5229\u5bfc\u5411\u7684\u516c\u53f8\uff0c\u9700\u8981\u786e\u4fdd\u9ad8\u6548\u8fd0\u884c\uff0c\u5c31\u4e0d\u5e94\u53d1\u751f\u63a7\u5236\u6743\u5916\u4ea4\u7684\u60c5\u51b5\u3002<\/p>\n

\u5bf9\u4e8e\u6b64\u7c7b\u9879\u76ee\uff0c\u7ade\u4e89\u7684\u662f\u5546\u4e1a\u6a21\u5f0f\u5373\u4ef7\u683c\u6b67\u89c6\u80fd\u529b\uff0c\u662f\u6ee1\u8db3\u7528\u6237\u9700\u6c42\u7684\u53cd\u5e94\u5feb\u901f\u7a0b\u5ea6\uff0c\u662f\u5e26\u6765\u7528\u6237\u589e\u957f\u7684\u80fd\u529b\uff0cToken \u4e3b\u8981\u662f\u83b7\u5ba2\u548c\u8d44\u4ea7\u5316\u7684\u624b\u6bb5\u3002<\/p>\n

\u4ee5 Solana Foundation \u4e3a\u4f8b\uff0c\u5176\u5bf9\u751f\u6001\u9ad8\u5ea6\u7684\u638c\u63a7\uff0c\u53ef\u4ee5\u8bf4\u751a\u81f3\u62e5\u6709\u5173\u673a\u6743\u7684\u7a0b\u5ea6\u3002Solana \u81ea\u79f0\u4e3a Global Onchain Nasdaq, \u4e00\u76f4\u975e\u5e38\u5f3a\u8c03\u57fa\u672c\u9762\uff0c\u5c24\u5176\u662f\u5546\u4e1a\u6a21\u5f0f\u548c\u5229\u6da6\uff0c\u6784\u6210\u4e86\u8fd9\u4e2a\u6545\u4e8b\u7684\u6838\u5fc3\u4ef7\u503c\u3002Solana \u7684\u6536\u5165\u8f83\u591a\u6765\u81ea\u4e8e MEV \u6536\u5165\uff0c\u5373\u5784\u65ad\u533a\u5757\u7a7a\u95f4\u540e\u4ea7\u751f\u7684\u4ef7\u683c\u6b67\u89c6\uff0cSOL \u8d44\u4ea7\u672c\u8eab\u5219\u662f\u96c6\u4e2d\u6301\u6709\u7684\u8d44\u4ea7\u5316\u5de5\u5177\u3002<\/p>\n

1.2 \u300c\u534f\u8bae\u300d\u7c7b<\/strong><\/p>\n

\u6838\u5fc3\uff1a\u65e0\u8bb8\u53ef\u53c2\u4e0e\uff08\u8d44\u4ea7\u53d1\u884c\u3001\u7ecf\u5546\uff09\u3001\u5f00\u653e\u4e14\u76f8\u5bf9\u56fa\u5b9a\u7684\u6536\u8d39\u6807\u51c6<\/p>\n

\u8fd9\u4e00\u7c7b\u7684\u91cd\u70b9\u5728\u4e8e\uff0c\u521b\u9020\u7684\u662f\u5f00\u653e\u3001\u51e0\u4e4e\u4e0d\u4f1a\u66f4\u6539\u7684\u534f\u8bae\u6807\u51c6\uff0c\u80cc\u540e\u6709 DAO\u3001\u57fa\u91d1\u4f1a\u7684\u6cbb\u7406\u4f46\u63d2\u624b\u8f83\u5c0f\uff0c\u66f4\u591a\u8ba9\u534f\u8bae\u81ea\u6cbb\u8fd0\u884c\u3002\u534f\u8bae\u7684\u4f7f\u7528\u662f Permissionless \u7684\uff0c\u76c8\u5229\u6a21\u5f0f\u662f\u5f00\u653e\u4e14\u96be\u4ee5\u66f4\u6539\u7684\uff0c\u8c01\u90fd\u53ef\u4ee5\u6765\u4f7f\u7528\u534f\u8bae\u521b\u5efa\u5e02\u573a\u3001\u8d44\u4ea7\u4ee5\u83b7\u5f97\u81ea\u5df1\u7684\u4e1a\u52a1\u6216\u5229\u6da6\u3002\u300c\u534f\u8bae\u300d\u5f80\u5f80\u90fd\u4f1a\u53c8\u4e00\u4e2a\u81ea\u6cbb\u7a0b\u5ea6\u7684\u8bc4\u4f30\uff0c\u5373\u53bb\u4e2d\u5fc3\u5316\u7a0b\u5ea6\u6709\u4e2a\u8303\u56f4\uff0c\u6700\u4f4e\u662f\u56e2\u961f\u638c\u63e1\u534f\u8bae\u66f4\u65b0\u6743\uff0c\u5e76\u53d7\u5e02\u573a\u76d1\u7763\uff1b\u6700\u751a\u8005\u9500\u6bc1\u6389\u81ea\u5df1\u7684\u66f4\u65b0\u6743\uff0c\u5c06\u4ea7\u54c1\u4ea4\u7531\u5e02\u573a\u5904\u7f6e\uff0c\u4e2d\u95f4\u6709\u7740\u4e0d\u540c\u7a0b\u5ea6\u7684\u6216\u786c\u6027\u6216\u8f6f\u6027\u7684\u53bb\u4e2d\u5fc3\u5316\u6cbb\u7406\u5dee\u5f02\u3002\u4ee3\u5e01\u5728\u8fd9\u91cc\u66f4\u591a\u5145\u5f53\u7740\u5206\u7ea2\u548c\u6cbb\u7406\u4f5c\u7528\u3002<\/p>\n

\u5bf9\u4e8e\u6b64\u7c7b\u9879\u76ee\uff0c\u8003\u9a8c\u7684\u662f\u4ea7\u54c1\u8fd0\u8f6c\u7684\u53ef\u6301\u7eed\u6027\uff0c\u9700\u6c42\u7684\u53ef\u6301\u7eed\u6027\uff0c\u5165\u573a\u65f6\u95f4\u5e26\u6765\u7684\u7f51\u7edc\u6548\u5e94\uff0c\u5f80\u5f80\u627e\u5230 PMF \u7684\u5148\u884c\u8005\u6709\u663e\u8457\u7684\u7ade\u4e89\u4f18\u52bf\u3002<\/p>\n

1.3 \u300c\u8d44\u4ea7\u300d\u7c7b<\/strong><\/p>\n

\u6838\u5fc3\uff1a\u5173\u6ce8\u8d44\u4ea7\u672c\u8eab\u7684\u4ef7\u503c<\/p>\n

\u5305\u62ec BTC\uff0cMemecoin\u3001\u53bb\u4e2d\u5fc3\u5316\u7b97\u6cd5\u7a33\u5b9a\u5e01\u7b49\u3002\u8d44\u4ea7\u672c\u8eab\u57fa\u4e8e\u5176\u7279\u6027\u5f97\u5230\u5171\u8bc6\uff0c\u8d44\u4ea7\u7684\u8d4b\u80fd\u57fa\u4e8e\u6b64\u6301\u7eed\u5b8c\u6210\u3002\u8d44\u4ea7\u672c\u8eab\u7684\u5c5e\u6027\u53c8\u5305\u62ec\u4e09\u4e2a\u65b9\u9762\uff0c\u4e00\u662f\u7531\u4e8e\u5728\u7279\u5b9a\u573a\u666f\u4e0b\u300c\u6700\u65e9\u91c7\u7528\u300d\u5e26\u6765\u7684\u5171\u8bc6\u548c\u7f51\u7edc\u6548\u5e94\uff0c\u5982 BTC \u4f5c\u4e3a\u4ef7\u503c\u5b58\u50a8\uff0cUSDT \u4f5c\u4e3a\u652f\u4ed8\u5a92\u4ecb\uff0cETH \u505a\u8d44\u4ea7\u53d1\u884c\uff1b\u4e8c\u662f\u8d44\u4ea7\u673a\u5236\u5c5e\u6027\uff0c\u5305\u62ec\u7a00\u6709\u5ea6\u3001\u901a\u7f29\u673a\u5236\u3001\u4ef7\u683c\u951a\u5b9a\u7b49\uff1b\u4e09\u662f\u7531\u4e8e\u672c\u8eab\u8c61\u5f81\u610f\u4e49\u5e26\u6765\u7684\u5e7f\u6cdb\u63a5\u53d7\u5ea6\u548c\u4f20\u64ad\u5ea6\uff0c\u5982\u5e7f\u6cdb\u7406\u89e3\u7684 BTC \u4f5c\u4e3a\u300c\u6570\u5b57\u9ec4\u91d1\u300d\u3001ETH\u300c\u53ef\u7f16\u7a0b\u4fe1\u7528\u8d27\u5e01\u300d\uff0cMemecoin \u7684\u6587\u5316\u6548\u5e94\u7b49\u3002<\/p>\n

\u5bf9\u4e8e\u6b64\u7c7b\u9879\u76ee\uff0c\u8003\u9a8c\u7684\u662f\u5171\u8bc6\u7684\u5f3a\u5927\uff0c\u8d44\u4ea7\u7684\u91c7\u7528\u548c\u5ef6\u7eed\u80fd\u529b\u3002<\/p>\n

\u5728 Crypto \u4e16\u754c\u4e2d\uff0c\u4e0d\u540c\u7684\u9879\u76ee\u3001\u8d44\u4ea7\u90fd\u5bf9\u5e94\u4e86\u4e0a\u8ff0\u5546\u4e1a\u6a21\u5f0f\u6216\u6a21\u5f0f\u7684\u7ec4\u5408\uff0c\u6211\u4eec\u4e5f\u53ef\u4ee5\u5c1d\u8bd5\u7528\u8fd9\u6837\u7684\u89c6\u89d2\u5bf9\u76ee\u524d\u7684\u4ee5\u592a\u574a\u548c L2 \u505a\u4e00\u4e2a\u8bc4\u4f30\u3002<\/p>\n

2.\u00a0L2 \u662f\u4ec0\u4e48\u5546\u4e1a\u6a21\u5f0f\uff1f<\/strong><\/p>\n

2.1 L2 \u76ee\u524d\u7684\u5b9a\u4f4d<\/strong><\/p>\n

L2 \u6700\u521d\u7684\u5b9a\u4f4d\u662f\u4ee5\u592a\u574a\u7684 Scaling\uff0c\u89c4\u6a21\u5316\u627f\u8f7d\u4ee5\u592a\u574a\u7684\u4ea4\u6613\u3002\u8fd9\u6837\u7684\u76ee\u7684\u5b9e\u9645\u4e0a\u5df2\u7ecf\u88ab\u4e00\u5b9a\u7a0b\u5ea6\u4e0a\u5b9e\u73b0\u4e86\u3002\u4ece\u5206\u6d41\u4ee5\u592a\u574a\u4ea4\u6613\u548c\u5e26\u6765\u589e\u91cf\u7684\u89d2\u5ea6\u6765\u770b\uff0c\u662f\u6bd4\u8f83\u6210\u529f\u7684\u3002\u76ee\u524d\uff0cL2 \u5df2\u7ecf\u6210\u4e3a\u4ee5\u592a\u574a\u751f\u6001\u4e2d\u91cd\u8981\u7684\u4e00\u90e8\u5206\uff0c\u4ea4\u6613\u7b14\u6570\u5360\u603b\u91cf\u7684 85%\uff0c\u4ea4\u6613\u91cf\u5360 31%\uff0c\u6210\u4e3a\u4ee5\u592a\u574a\u57fa\u672c\u9762\u7684\u91cd\u8981\u7ec4\u6210\u90e8\u5206\u3002<\/p>\n

\"\u4ee5\u592a\u574a\u4e0eL2\u7684\u4ef7\u503c\uff1a\u4eceCrypto\u5546\u4e1a\u6a21\u5f0f\u89c6\u89d2\u89e3\u6790\"\"\u4ee5\u592a\u574a\u4e0eL2\u7684\u4ef7\u503c\uff1a\u4eceCrypto\u5546\u4e1a\u6a21\u5f0f\u89c6\u89d2\u89e3\u6790\"<\/figure>\n
\"\u4ee5\u592a\u574a\u4e0eL2\u7684\u4ef7\u503c\uff1a\u4eceCrypto\u5546\u4e1a\u6a21\u5f0f\u89c6\u89d2\u89e3\u6790\"\"\u4ee5\u592a\u574a\u4e0eL2\u7684\u4ef7\u503c\uff1a\u4eceCrypto\u5546\u4e1a\u6a21\u5f0f\u89c6\u89d2\u89e3\u6790\"<\/figure>\n

Source: Dune Analytic<\/p>\n

\u6d3b\u8dc3\u5730\u5740\u6570\u91cf\u5728\u4ee5\u592a\u574a\u7684 3-4 \u500d<\/p>\n

\"\u4ee5\u592a\u574a\u4e0eL2\u7684\u4ef7\u503c\uff1a\u4eceCrypto\u5546\u4e1a\u6a21\u5f0f\u89c6\u89d2\u89e3\u6790\"\"\u4ee5\u592a\u574a\u4e0eL2\u7684\u4ef7\u503c\uff1a\u4eceCrypto\u5546\u4e1a\u6a21\u5f0f\u89c6\u89d2\u89e3\u6790\"<\/figure>\n

Source: Dune Analytic<\/p>\n

\u7531\u4e8e L2 \u4ea4\u6613\u6210\u672c\u4fbf\u5b9c\uff0c\u5b9e\u9645\u7684\u5bf9\u4e8e\u4ee5\u592a\u574a\u6574\u4f53\u4ea4\u6613\u6570\u636e\u7684\u63d0\u9ad8\u4f1a\u865a\u9ad8\u4e00\u4e9b\uff0c\u4f46\u4ecd\u7136\u80fd\u770b\u5230 L2 \u91c7\u7528\u5e26\u6765\u7684\u5f71\u54cd\u3002<\/p>\n

\u7136\u800c\uff0cL2 \u5e76\u672a\u5728\u5982\u6b64\u4ea4\u6613\u4e0b\uff0c\u4e3a\u4ee5\u592a\u574a\u5e26\u6765\u6536\u5165\u540c\u6bd4\u4f8b\u7684\u63d0\u9ad8\u3002L2 \u5e26\u6765\u7684\u6536\u5165\u4e3b\u8981\u5206\u4e3a\u4e24\u4e2a\u65b9\u9762\uff0c\u7b2c\u4e00\u4e2a\u662f DA \u8d39\u7528\uff0c\u5728 EIP4844 \u524d\u662f\u4ea4\u6613\u7684\u6570\u636e\u8d39\uff0c\u5728 EIP4844 \u540e\u662f Blob \u7684\u8d39\u7528\u3002\u7b2c\u4e8c\u4e2a\u662f MEV\uff0c\u9664\u4e86\u76ee\u524d Based Rollup\uff0cL2 \u5df2\u7ecf\u5c06\u8fd9\u5757\u6536\u5165\u5b8c\u5168\u541e\u5165\u81ea\u5df1\u7684\u56ca\u4e2d\uff0c\u5e76\u4e14\u77ed\u671f\u6765\u770b\uff0c\u56de\u9988\u4ee5\u592a\u574a\u7684\u9884\u671f\u8f83\u4f4e\u3002\u8fd9\u4e5f\u5b9e\u9645\u4e0a\u8ba9\u4ee5\u592a\u574a\u76ee\u524d\u8fdb\u5165\u901a\u80c0\uff0c\u8d85\u58f0\u6ce2\u8d27\u5e01\u7684\u6982\u5ff5\u9010\u6e10\u5f0f\u5fae\u3002<\/p>\n

\"\u4ee5\u592a\u574a\u4e0eL2\u7684\u4ef7\u503c\uff1a\u4eceCrypto\u5546\u4e1a\u6a21\u5f0f\u89c6\u89d2\u89e3\u6790\"\"\u4ee5\u592a\u574a\u4e0eL2\u7684\u4ef7\u503c\uff1a\u4eceCrypto\u5546\u4e1a\u6a21\u5f0f\u89c6\u89d2\u89e3\u6790\"<\/figure>\n

Source: Dune Analytic<\/p>\n

\u8fd9\u91cc\u89e3\u91ca\u4e00\u4e0b\u4e3a\u4ec0\u4e48 DA \u8d39\u7528\u65e0\u6cd5\u6210\u4e3a L2 \u5411 L1 \u7684\u6536\u5165\u8d21\u732e\u3002<\/p>\n

    \n
  • DA \u53ea\u6709\u5230\u9971\u548c\u72b6\u6001\uff0c\u624d\u4f1a\u4ea7\u751f\u4f18\u5148\u8d39\u7528\uff0c\u5373\u5784\u65ad\u5b9a\u4ef7\u80fd\u529b<\/li>\n
  • DA \u5728\u4e0d\u9971\u548c\u72b6\u6001\u4e0b\u662f\u5927\u5b97\u5546\u54c1\uff0c\u957f\u671f\u770b\u6765\uff0c\u7528\u6237\u53ef\u4ee5\u5bf9\u51b2\u3001\u5bfb\u627e\u5e73\u66ff<\/li>\n
  • DA \u7684\u9700\u6c42\u589e\u957f\u901f\u5ea6\u548c\u4f9b\u7ed9\u589e\u957f\u901f\u5ea6\u4e0d\u6210\u6bd4\u4f8b\u3002L2 \u5b58\u5728\u5927\u91cf\u6bd4\u4f8b\u7684\u673a\u5668\u4eba\u4ea4\u6613\uff0c\u8fd9\u4e9b\u4ea4\u6613\u5e76\u4e0d\u50cf\u771f\u5b9e\u7528\u6237\u4ea4\u6613\u4e00\u6837\u5b58\u5728\u5fc5\u8981\u6027\u3002\u5982\u679c DA \u8d39\u7528\u5e26\u6765\u7684 C \u7aef\u6210\u672c\u592a\u9ad8\uff0c\u8fd9\u90e8\u5206\u4ea4\u6613\u81ea\u7136\u4f1a\u653e\u7f13\u3002\u56e0\u6b64\u6240\u8c13\u7684\u4ea4\u6613\u6570\u91cf\u518d\u63d0\u9ad8\u6570\u500d Blob \u4f1a\u9971\u548c\u5e76\u4e0d\u662f\u5408\u7406\u7684\u8bba\u65ad\u3002<\/li>\n<\/ul>\n

    \u4ece\u672c\u8d28\u4e0a\u6765\u8bf4\uff0c\u6269\u5bb9\u672c\u8eab\u5c31\u548c DA \u6536\u8d39\u76f8\u6096\uff0c\u5728\u6301\u7eed\u6269\u5bb9\u7684\u8ffd\u6c42\u4e0b\uff0c\u8d5a\u94b1\u4e0d\u5e94\u4ece\u4ea4\u6613\u7684\u62e5\u6324\u7a0b\u5ea6\u6765\u8bbe\u8ba1\uff0c\u4ee5\u592a\u574a L2 \u7684\u67b6\u6784\u4e5f\u5929\u751f\u53c2\u7167\u4e86\u8fd9\u4e00\u70b9\u3002\u6b64\u524d\u88ab\u89c6\u4e3a ETH \u7684 Beta \u8d44\u4ea7\uff0c\u5728\u53d9\u4e8b\u4e0a\u4ecd\u662f\u7684\uff0cL2 \u4ecd\u81ea\u51a0\u81ea\u5df1\u300c\u4ee5\u592a\u574a L2\u300d\u7684\u79f0\u53f7\u3002\u5728\u57fa\u672c\u9762\u4e0a\u5df2\u7ecf\u8d8a\u8d70\u8d8a\u8fdc\u3002\u672a\u6765\uff0cL2 \u7684\u6536\u5165\uff0c\u4e0d\u518d\u610f\u5473\u7740\u4ee5\u592a\u574a\u7684\u6536\u5165\u3002\u4e24\u8005\u5e94\u8be5\u6709\u5404\u81ea\u7684\u4f30\u503c\u4f53\u7cfb\u3002<\/p>\n

    2.2 \u4e0d\u540c\u7684 L2 \u662f\u4ec0\u4e48\u6837\u7684\u5546\u4e1a\u6a21\u5f0f\uff1f<\/strong><\/p>\n

    2.2.1 Universal L2<\/strong><\/p>\n

    Universal L2\uff0c\u6307\u901a\u7528\u578b\u7684 L2\uff0c\u66f4\u8ffd\u6c42\u81ea\u8eab\u6210\u4e3a\u4e00\u4e2a\u5e94\u7528\u751f\u6001\u3002\u65e9\u671f\u7684 Universal Rollup \u5f88\u591a\u90fd\u8d70\u5411\u4e86\u8054\u76df\u5f62\u5f0f\uff0c\u76ee\u524d\u7684\u8868\u73b0\u8f83\u597d\u7684 Universal Rollup \u5927\u591a\u662f\u5728\u5229\u76ca\u5206\u914d\u7684\u673a\u5236\u4e0a\u6709\u6240\u521b\u65b0\uff0c\u4ee5\u66f4\u597d\u7684\u6fc0\u52b1\u5f00\u53d1\u8005\u521b\u65b0\u548c\u7559\u5b58\uff0c\u7528\u6237\u7684\u79ef\u6781\u53c2\u4e0e\u3002L2 \u7684\u8d8b\u52bf\u662f\u9010\u6e10\u4e0d\u518d\u8fc7\u4e8e\u4f9d\u8d56\u4ee5\u592a\u574a\uff0c\u901a\u8fc7\u4e00\u4e9b\u6a21\u5757\u5316\u7684\u65b9\u6848\u6700\u5927\u5316\u81ea\u5df1\u7684\u53ef\u5b9a\u5236\u7a0b\u5ea6\u3002<\/p>\n

    Universal L2 \u7684\u7ba1\u7406\u65b9\u5f0f\uff0c\u662f\u7531\u5404\u4e2a\u56e2\u961f\u4e3a\u6838\u5fc3\u5411\u5916\u62d3\u5c55\uff0cUniversal L2 \u9762\u4e34\u7684\u7ade\u4e89\uff0c\u662f\u76f4\u63a5\u6765\u81ea\u4e8e\u5916\u90e8 L1 \u7684\u7ade\u4e89\uff0cUniversal L2 \u7684\u6536\u5165\u83b7\u53d6\uff0c\u662f\u5728\u5176\u5229\u76ca\u5206\u914d\u673a\u5236\u4e0b\uff0c\u51e0\u4e4e 100% \u7684\u6536\u5165\u56ca\u4e2d\u3002<\/p>\n

    \u8fd9\u6837\u7684\u5b9a\u4f4d\u66f4\u7b26\u5408\u6211\u4eec\u6240\u8ff0\u7684\u300c\u4f01\u4e1a\u300d\u6a21\u5f0f\uff0c\u9002\u5408\u901a\u8fc7\u7c7b\u4f3c Alt L1 \u7684\u65b9\u5f0f\u8fdb\u884c\u4f30\u503c\uff0c\u8fd9\u610f\u5473\u7740\u5176\u4ef7\u503c\u662f\u5bf9\u5176\u751f\u6001\uff0c\u57fa\u672c\u9762\u5c24\u5176\u662f\u6536\u5165\u7684\u8bc4\u4f30\u3002\u76f8\u8f83\u4e8e Alt L1\uff0c\u5176\u4f18\u52bf\u5728\u4e8e\u53ef\u4ee5\u5145\u8db3\u5229\u7528\u4ee5\u592a\u574a\u7684\u793e\u533a\u548c\u751f\u6001\uff0c\u4ee5\u53ca ETH \u7684\u6d41\u52a8\u6027\u3002\u52a3\u52bf\u5728\u4e8e Token \u8d44\u4ea7\u5316\u80fd\u529b\u8f83\u4e3a\u6b20\u7f3a\uff0c\u83b7\u5ba2\u80fd\u529b\u5bf9\u6bd4 Alt L1 \u7565\u663e\u4e0d\u8db3\u3002<\/p>\n

    2.2.2 \u8054\u76df L2<\/strong><\/p>\n

    \u8054\u76df L2 \u548c\u4ee5\u592a\u574a\u7c7b\u4f3c\uff0c\u90fd\u6709\u81ea\u5df1\u7684\u4e00\u5c42\u548c\u4e8c\u5c42\uff08L2\/L3\uff09\uff0c\u8054\u76df\u548c\u4ee5\u592a\u574a\u7684\u533a\u522b\u5728\u4e8e\uff0c\u8054\u76df\u5185\u53d1 L2\/L3 \u662f\u9700\u8981\u8bb8\u53ef\u7684\uff0c\u8fd9\u4fdd\u8bc1\u4e86\u8054\u76df L2 \u7684\u5546\u4e1a\u6a21\u5f0f\u3002<\/p>\n

    \u65e9\u671f\u7684 Universal L2 \u90fd\u8d70\u5411\u4e86\u8054\u76df L2\uff0c\u8fd9\u4e5f\u610f\u5473\u7740\u5728\u53d6\u5f97\u4e00\u5b9a\u5e02\u573a\u5173\u6ce8\u5ea6\u540e\uff0c\u8054\u76df L2 \u5f80\u5f80\u662f\u66f4\u597d\u7684\u751f\u610f\u3002\u5728\u8f6c\u578b\u524d\u7684 Arbitrum\u3001Optimism\uff0c\u8fd1\u671f\u7684 zkSync\u3001Initia \u90fd\u5728\u5f80\u8fd9\u4e2a\u65b9\u5411\u52aa\u529b\u3002\u5bf9\u4e8e\u8054\u76df\u7c7b\u578b\u7684 L2\uff0c\u672c\u8d28\u4e0a\u662f\u5df2\u7ecf\u5728\u53d1\u5c55\u81ea\u5df1\u7684 L1 \u751f\u6001\uff0c\u4e0d\u8fc7\u4ecd\u80cc\u9760\u4ee5\u592a\u574a\u7684\u5b89\u5168\u6027\u548c\u901a\u8fc7 ETH \u505a\u7ed3\u7b97\u8d27\u5e01\u3002\u8054\u76df L2 \u7684\u7279\u70b9\u5728\u4e8e\uff0c\u901a\u8fc7\u81ea\u5df1\u7684\u7ba1\u7406\u80fd\u529b\uff0c\u6539\u53d8\u751f\u6001\u5185\u90e8\u7684\u5546\u4e1a\u6a21\u5f0f\u3001\u53c2\u4e0e\u8005\u3002\u56e0\u6b64\u5c06\u8054\u76df L2 \u89c6\u4e3a\u4e2d\u5fc3\u5316\u7a0b\u5ea6\u8f83\u9ad8\u7684\u300c\u534f\u8bae\u300d\u770b\u5f85\u8f83\u4e3a\u5951\u5408\u3002<\/p>\n

    \"\u4ee5\u592a\u574a\u4e0eL2\u7684\u4ef7\u503c\uff1a\u4eceCrypto\u5546\u4e1a\u6a21\u5f0f\u89c6\u89d2\u89e3\u6790\"\"\u4ee5\u592a\u574a\u4e0eL2\u7684\u4ef7\u503c\uff1a\u4eceCrypto\u5546\u4e1a\u6a21\u5f0f\u89c6\u89d2\u89e3\u6790\"<\/figure>\n

    Source: Dune Analytic<\/p>\n

    \u8054\u76df L2 \u66f4\u591a\u88ab\u89c6\u4e3a\u4e00\u4e2a\u6709\u63a7\u5236\u6743\u7684\u4ee5\u592a\u574a\uff0c\u7c7b\u4f3c\u4e8e Optimism \u8fd9\u6837\u7684\u751f\u6001\u4ecd\u662f\u5c06\u5e94\u7528\u5f00\u53d1\u7684\u4efb\u52a1\u4e0b\u653e\u3002\u548c\u4ee5\u592a\u574a\u7684\u533a\u522b\u5728\u4e8e\uff0c\u8fd9\u6837\u7684\u4e0b\u653e\u66f4\u5177\u6709\u6218\u7565\u610f\u4e49\u3002\u901a\u8fc7\u8bb8\u53ef\u6a21\u5f0f\u3001\u4e2d\u5fc3\u5316\u7ba1\u7406\u6a21\u5f0f\uff0c\u80fd\u591f\u96c6\u4e2d\u8d44\u6e90\uff0c\u6269\u5927\u534f\u540c\u6548\u5e94\uff0c\u8ba9\u4f18\u79c0\u7684\u8d44\u6e90\u8fdb\u6765\u5171\u4eab\u6d41\u52a8\u6027\u548c\u751f\u6001\uff0c\u5728\u65b0\u751f\u6001\u542f\u52a8\u540e\u901a\u8fc7\u8425\u6536\u95f8\u53e3\u53cd\u54fa\u539f\u6709\u751f\u6001\u3002\u8fd9\u4e5f\u662f\u4e3a\u4ec0\u4e48 Coinbase, Sony \u90fd\u4f1a\u9009\u62e9 Optimism \u7684\u539f\u56e0\u3002\u501f\u52a9 L2\u300c\u4f01\u4e1a\u300d\u5316\u7684\u80fd\u529b\uff0c\u671f\u671b\u80fd\u6709\u66f4\u591a\u7834\u5c40\u5e94\u7528\u7684\u8bde\u751f\u3002<\/p>\n

    \u6b64\u524d\u6211\u4eec\u8bb2\u5230\uff0c\u300c\u534f\u8bae\u300d\u7c7b\u7684\u6a21\u5f0f\u6709\u4e0d\u540c\u7684\u53bb\u4e2d\u5fc3\u5316\u8303\u56f4\u3002\u5728\u534f\u8bae\u53bb\u4e2d\u5fc3\u5316\u7684\u63a2\u7d22\u8fc7\u7a0b\u4e2d\uff0c\u4e5f\u5e38\u4f1a\u8bde\u751f\u94fe\u6216\u5e94\u7528\u51fa\u9003\u7684\u60c5\u51b5\uff0c\u6bd4\u5982 Arbitrum \u751f\u6001\u4e2d\u65e9\u5148\u7684 DyDx\uff0c\u540e\u6765\u7684 TreasureDAO\u3002\u5982\u4f55\u5728\u5e73\u8861\u597d\u534f\u8bae\u53bb\u4e2d\u5fc3\u5316\u7a0b\u5ea6\u4e0b\uff0c\u53d1\u5c55\u5e76\u5de9\u56fa\u81ea\u5df1\u7684\u751f\u6001\uff0c\u662f\u8861\u91cf\u8054\u76df L2 \u7684\u4ef7\u503c\u6838\u5fc3\u3002<\/p>\n

    2.2.3 Appchain L2<\/strong><\/p>\n

    Appchain L2\uff0c\u66f4\u591a\u662f\u4e00\u4e2a\u6709\u65b0\u7684\u5546\u4e1a\u6a21\u5f0f\u548c\u4ef7\u503c\u6355\u83b7\u7684 App\uff0c\u5176\u4f30\u503c\uff0c\u66f4\u5e94\u56de\u5230\u5e94\u7528\u672c\u8eab\u52a0\u4e0a L2 \u5546\u4e1a\u6a21\u5f0f\u5e26\u7ed9\u5e94\u7528\u65b0\u7684\u4ef7\u503c\uff0c\u65e0\u8bba\u5176\u5e94\u7528\u672c\u8eab\u66f4\u8d34\u5408\u300c\u4f01\u4e1a\u300d\u8fd8\u662f\u300c\u534f\u8bae\u300d\u6a21\u5f0f\u3002\u5927\u591a\u6570 App Rollup \u4f1a\u9009\u62e9\u4f9d\u9644\u4e8e\u8054\u76df L2 \u4e4b\u4e0b\uff0c\u66f4\u4f4e\u7684\u542f\u52a8\u6210\u672c\u7684\u540c\u65f6\u6709\u66f4\u5f3a\u7684\u751f\u6001\u8f90\u5c04\u6548\u5e94\u53ef\u4ee5\u4f9d\u8d56\u3002<\/p>\n

    Appchain \u76ee\u524d\u8f83\u591a\u4f9d\u9644\u4e8e\u8054\u76df L2 \u53ca RaaS\uff0c\u642d\u5efa\u4e00\u6761\u94fe\u7684\u6210\u672c\u5f88\u4f4e\u3002\u4f46\u5728\u94fe\u9002\u914d\u6027\u7684\u8bbe\u8ba1\uff0c\u914d\u5957\u7684\u57fa\u7840\u8bbe\u65bd\uff08\u6bd4\u5982\u6570\u636e\u6d4f\u89c8\u5668\u7b49\uff09\u4ecd\u9700\u8981\u6295\u5165\u3002\u5bf9\u4e8e Appchain \u6765\u8bf4\uff0c\u8089\u773c\u53ef\u89c1\u7684\u597d\u5904\u662f\u901a\u8fc7\u5bf9\u4e8e Token \u7684\u66f4\u6709\u6548\u5229\u7528\u548c\u5bf9\u4e8e MEV \u7684\u6355\u83b7\u7b49\uff0c\u653e\u5f03\u7684\u5219\u662f\u5728\u4e00\u6761\u94fe\u4e0a\u7684\u4e50\u9ad8\u6548\u5e94\u548c\u66f4\u5f3a\u5927\u6d41\u52a8\u6027\u3002\u53ea\u8bba\u6295\u5165\u4ea7\u51fa\uff0c\u5e76\u975e\u6240\u6709\u5e94\u7528\u90fd\u9002\u5408\u6210\u4e3a Appchain\uff0c\u9002\u5408\u7684\u5e94\u7528\u5177\u6709\u5f88\u5f3a\u7684\u5185\u751f\u5faa\u73af\uff0c\u6bd4\u5982 Perp DEX, Gamefi \u7b49\u3002\u957f\u671f\u6765\u770b\uff0c\u5931\u53bb\u4e86\u8f6c\u578b L2 \u7684\u53d9\u4e8b\u70ed\u5ea6\uff0c\u5982\u4f55\u5408\u7406\u7684\u8bc4\u4f30 ROI \u5219\u66f4\u4e3a\u91cd\u8981\u3002<\/p>\n

    3. L2 \u5982\u4f55\u5f71\u54cd\u4ee5\u592a\u574a\u7684\u5546\u4e1a\u6a21\u5f0f\uff1f<\/strong><\/p>\n

    \u4ee5\u592a\u574a\u5728 Merge \u540e\uff0c\u5c24\u5176\u662f\u5728 EIP1559 \u540e\uff0c\u5728\u83b7\u5f97\u5927\u91cf L2 \u6269\u5bb9\u548c EIP4844 \u524d\uff0c\u4f9d\u7136\u9760\u7740\u6709\u9650\u7684\u533a\u5757\u7a7a\u95f4\u4e2d\u7684\u4ea4\u6613\u91cf\u6355\u83b7\u7740\u8f83\u9ad8\u7684\u4f18\u5148\u8d39\u7528\u548c MEV\u3002\u5728 L2 \u6269\u5bb9\u540e\uff0c\u5b9e\u5219\u653e\u5f03\u4e86\u6269\u5bb9\u8fd9\u90e8\u5206\u4ea4\u6613\u7684 MEV\uff0c\u4e5f\u51cf\u5c11 L1 \u539f\u751f\u4ea4\u6613\u5e26\u6765\u7684\u4f18\u5148\u8d39\u7528\u3002\u5728 EIP4844 \u540e\uff0c\u53c8\u653e\u5f03\u4e86\u4f5c\u4e3a DA \u7684\u8fd9\u90e8\u5206\u6536\u5165\u3002\u5bf9\u4e8e\u6b64\u7c7b\u6536\u76ca\u7684\u4e3b\u52a8\u653e\u5f03\uff0c\u5e76\u4e0d\u662f\u4e00\u4e2a\u5178\u578b\u4f01\u4e1a\u7684\u505a\u6cd5\u3002\u5b9e\u9645\u4e0a\u4ee5\u592a\u574a\u4e5f\u4ece\u672a\u5411\u6211\u4eec\u6240\u5b9a\u4e49\u7684\u300c\u4f01\u4e1a\u300d\u6a21\u5f0f\u53d1\u5c55\u3002\u5bf9\u4e8e\u8fd9\u90e8\u5206\u5229\u6da6\u7684\u8ba9\u51fa\uff0c\u5b9e\u9645\u4e0a\u662f\u5728\u8ba9 DA \u548c\u7ed3\u7b97\u5c42\u575a\u6301\u9ad8\u5ea6\u53bb\u4e2d\u5fc3\u5316\u3001\u81ea\u6cbb\u7684\u524d\u63d0\u4e0b\uff0c\u6700\u5927\u7a0b\u5ea6\u5730\u7ed9\u51fa\u7a7a\u95f4\uff0c\u8ba9 L2 \u80fd\u591f\u5728\u6700\u5c0f\u7684\u7ecf\u6d4e\u8d1f\u62c5\u4e0b\uff0c\u727a\u7272\u4e00\u5b9a\u7684\u53bb\u4e2d\u5fc3\u5316\uff0c\u53d1\u5c55\u5c3d\u53ef\u80fd\u5927\u7684\u751f\u6001\u548c\u5c3d\u53ef\u80fd\u591a\u7684\u5e94\u7528\u3002<\/p>\n

    3.1 \u4ee5\u592a\u574a\u4f5c\u4e3a L2 \u53d1\u884c\u534f\u8bae<\/strong><\/p>\n

    \u81ea\u786e\u7acb Rollup Centric \u7684\u8def\u5f84\uff0c\u4ee5\u592a\u574a\u4fbf\u671d\u7740\u66f4\u504f\u300c\u534f\u8bae\u300d\u800c\u975e\u300c\u4f01\u4e1a\u300d\u7684\u65b9\u5411\u524d\u8fdb\u3002\u867d\u7136\u63d0\u51fa\u4e86\u4e00\u4e9b\u5bf9 Rollup \u7684\u8981\u6c42\uff0c\u5982 L2beat Rollup stages\uff0c\u4f46\u5e76\u672a\u6709\u5b9e\u9645\u7684\u5e72\u6d89\u3002\u76ee\u524d Vitalik \u63d0\u51fa\u4e86\u4e00\u4e9b Ethereum Alignment \u7684\u8981\u6c42\uff0c\u4f1a\u8ba9\u4ee5\u592a\u574a\u300c\u534f\u8bae\u300d\u7684\u6cbb\u7406\u6a21\u5f0f\u5f80\u66f4\u6709\u51dd\u805a\u529b\u7684\u65b9\u5411\u9760\u62e2\u4e00\u4e9b\u3002\u4f46\u6574\u4f53\u4ecd\u662f\u81ea\u6cbb\u7a0b\u5ea6\u6781\u9ad8\u7684\u300c\u534f\u8bae\u300d\uff0c\u957f\u671f\u7684\u4f5c\u7528\u662f\u53d1\u884c\u4ee5\u592a\u574a L2\u3002<\/p>\n

    \u76ee\u524d\u4ee5\u592a\u574a L1 \u4ecd\u627f\u8f7d\u7740\u6574\u4e2a\u751f\u6001\u8d85\u8fc7\u4e00\u534a\u7684\u4ea4\u6613\u91cf\u3002\u800c\u957f\u671f\u6765\u770b\uff0c\u4ee5\u592a\u574a\u66f4\u7c7b\u4f3c\u63d0\u4f9b\u4e86\u4e00\u79cd\u9ad8\u5ea6\u53bb\u4e2d\u5fc3\u5316\u81ea\u6cbb\u3001\u6297\u5ba1\u67e5\u3001\u5b89\u5168\u6027\u6700\u9ad8\u7684\u65e0\u8bb8\u53ef\u53d1\u884c L2 \u7684\u5e73\u53f0\uff08\u7ed3\u7b97\u5c42\uff09\u3002<\/p>\n

    \u4e00\u822c\u6765\u8bf4\uff0c\u65e0\u8bb8\u53ef\u53d1\u884c\u5e73\u53f0\u7684\u6a21\u578b\uff0c\u90fd\u662f\u4ece\u65b0\u8d44\u4ea7\u53d1\u884c\u548c\u4ea4\u6613\u4e2d\u62bd\u6c34\u4e00\u5b9a\u7684\u6bd4\u4f8b\uff0c\u5982 Uniswap \u62bd\u53d6\u7528\u6237\u624b\u7eed\u8d39\u3001Pumpdotfun \u65e9\u671f\u6536\u53d6\u7528\u6237\u53d1\u5e01\u8d39\u3001\u9884\u6d4b\u5e02\u573a\u62bd\u53d6\u7528\u6237\u4ea4\u6613\u8d39\u7528\u7b49\u7b49\u3002<\/p>\n

    \u56e0\u6b64\u4ee5\u592a\u574a\u867d\u662f L2 \u53d1\u884c\u534f\u8bae\uff0c\u4f46\u5e76\u6ca1\u6709\u5728\u65e9\u671f\u8bbe\u5b9a\u901a\u8fc7 L2 \u7684\u76c8\u5229\u95f8\u53e3\u3002\u8fd9\u5bfc\u81f4\u8bde\u751f\u4e86\u5927\u91cf\u4f9d\u9644\u4e8e\u4ee5\u592a\u574a\u6d41\u52a8\u6027\u548c\u793e\u533a\u4f46\u5e76\u672a\u5411\u4ee5\u592a\u574a\u8d21\u732e\u6536\u5165\u7684 L2 \u751f\u6001\uff0c\u8fd9\u610f\u5473\u7740\u4ee5\u592a\u574a\u662f\u300c\u534f\u8bae\u300d\u6a21\u5f0f\u4e2d\u6700\u8ffd\u6c42\u53bb\u4e2d\u5fc3\u5316\u81ea\u6cbb\u7684\u4e00\u7c7b\u3002\u7eb5\u89c2\u53d1\u5c55\u8f83\u4e3a\u6210\u529f\u7684\u975e\u8bb8\u53ef\u534f\u8bae\uff0c\u6bd4\u5982 Uniswap\uff0c\u5728\u4e00\u4e9b\u62e5\u6709\u7edd\u5bf9\u5784\u65ad\u5730\u4f4d\u548c\u7f51\u7edc\u6548\u5e94\u7684\u6c60\u5b50\u4e0a\uff0c\u5f00\u542f\u4e86\u8d39\u7528\u5f00\u5173\uff0c\u5728\u534f\u8bae\u53d6\u5f97\u7f51\u7edc\u6548\u5e94\u540e\uff0c\u5728\u7528\u6237\u80fd\u63a5\u53d7\u7684\u5c3a\u5ea6\u4e0b\uff0c\u5c1d\u8bd5\u6027\u7684\u83b7\u53d6\u8d39\u7528\uff0c\u8fd9\u662f\u4e2d\u5fc3\u5316\u7ba1\u7406\u5e26\u6765\u7684\u4f18\u52bf\u3002\u76ee\u524d\u5bf9\u4e8e\u4ee5\u592a\u574a\u6765\u8bf4\uff0c\u4e00\u65b9\u9762\u5728\u901a\u8fc7 Based Rollup \u7b49\u505a\u4e9b\u8bb8\u5c1d\u8bd5\u8d39\u7528\u95f8\u53e3\u7684\u5c1d\u8bd5\uff0c\u4e00\u65b9\u9762\u4e5f\u5e76\u4e0d\u5f3a\u6c42\u5bf9\u4e8e\u5229\u6da6\u7684\u8ffd\u6c42\uff0c\u5728\u8ba9\u539f\u5148\u6ca1\u6709\u76c8\u5229\u95f8\u53e3\u7684 L2 \u751f\u6001\u7ee7\u7eed\u9ad8\u901f\u53d1\u5c55\u3002<\/p>\n

    3.2 \u4ee5\u592a\u574a\u4f5c\u4e3a\u4ef7\u503c\u5b58\u50a8\u8d44\u4ea7&\u53ef\u7f16\u7a0b\u4fe1\u4efb\u8d27\u5e01<\/strong><\/p>\n

    ETH \u957f\u671f\u96be\u4ee5\u901a\u8fc7\u300c\u4f01\u4e1a\u300d\u3001\u300c\u534f\u8bae\u300d\u7684\u6a21\u5f0f\u6765\u4f30\u503c\uff0c\u56e0\u4e3a\u65e9\u671f L1 \u7684\u5546\u4e1a\u6a21\u5f0f\u5728\u6269\u5bb9\u540e\u4e0d\u518d\u6210\u7acb\u3002\u6bd5\u7adf\uff0c\u4e00\u4e2a\u613f\u610f\u820d\u8ba9\u81ea\u5df1\u5229\u6da6\u7684\u4f01\u4e1a\uff0c\u4e00\u4e2a\u613f\u610f\u6c38\u4e45\u5173\u95ed\u6389\u8d39\u7528\u5f00\u5173\u7684\u534f\u8bae\uff0c\u4e5f\u4e0d\u5e94\u518d\u4ee5\u4f20\u7edf\u7684\u4f01\u4e1a&\u534f\u8bae\u57fa\u672c\u9762\u89c6\u89d2\u8fdb\u884c\u4f30\u503c\u3002<\/p>\n

    \u4ee5\u592a\u574a\u820d\u5f03\u6389\u57fa\u672c\u9762\u7684\u521d\u8877\uff0c\u662f\u4e3a\u4e86\u7ed9\u6574\u4f53\u751f\u6001\u53d1\u5c55\u66f4\u591a\u7684\u7a7a\u95f4\u3002\u968f\u7740\u751f\u6001\u7684\u7e41\u8363\uff0c\u4ee5\u592a\u574a\u7684\u4ef7\u503c\uff0c\u6700\u7ec8\u4e5f\u5c06\u843d\u5728 ETH \u7684\u8d27\u5e01\u4ef7\u503c\u4e0a\u3002\u90a3\u4e48\uff0c\u6f5c\u5728\u7684\u7e41\u8363\u4ee5\u592a\u574a\u751f\u6001\u80fd\u548c ETH \u4e92\u76f8\u5e26\u6765\u4ec0\u4e48\u4ef7\u503c\u5462\uff1f<\/p>\n

    \u90e8\u5206\u4eba\u8ba4\u4e3a\u662f ETH \u5e26\u6765\u7684\u5b89\u5168\u5c5e\u6027\u3002\u4f46\u540c\u65f6\u4e00\u4e9b\u4fe1\u4ef0\u5206\u5e03\u5f0f\u7f51\u7edc\u4ef7\u503c\u540c\u65f6 Anti-crypto \u7684\u6280\u672f\u6d3e\u8ba4\u4e3a\uff0cP2P \u7f51\u7edc\u4e0d\u5e94\u4e0e\u7279\u5b9a\u4e14\u5177\u6709\u6295\u673a\u5c5e\u6027\u7684\u8d27\u5e01\u7ed1\u5b9a\u4ee5\u63d0\u4f9b\u8282\u70b9\u7684\u6fc0\u52b1\u624b\u6bb5\uff0c\u4e00\u4e9b\u4eba\u8ba4\u4e3a\u5e94\u4ee5\u66f4\u53bb\u6295\u673a\u7684\u6a21\u5f0f\uff0c\u6bd4\u5982\u7a33\u5b9a\u5e01\u6216\u65e9\u671f\u7684 PoW \u6316\u77ff\u5f62\u5f0f\u63d0\u4f9b\u6fc0\u52b1\u3002\u5206\u5e03\u5f0f\u7f51\u7edc\u6240\u8ffd\u6c42\u7684\u53bb\u4e2d\u5fc3\u5316\u548c\u4e0d\u65ad\u964d\u4f4e\u6210\u672c\u8ffd\u6c42\u8d44\u672c\u5bc6\u96c6\u7684 PoS \u6316\u77ff\u5e76\u975e\u5929\u7136\u9002\u914d\uff0c\u9700\u8981\u5f88\u591a\u6cbb\u7406\u65b9\u5f0f\u6539\u8fdb\u3002\u540c\u65f6 ETH \u672c\u8eab\u7684\u5b89\u5168\u4ef7\u503c\u53d7\u672c\u8eab\u4ef7\u683c\u5f71\u54cd\uff0c\u5177\u6709\u76f8\u5f53\u7684\u53cd\u8eab\u6027\u3002\u8fd9\u4e24\u70b9\u6211\u4eec\u5728\u6b64\u524d\u8ba8\u8bba\u7ecf\u6d4e\u5b89\u5168\u7684\u6587\u7ae0\u4e2d\u63d0\u5230\u8fc7\u3002\u76ee\u524d\u65e0\u8bba\u662f\u6fc0\u52b1\u8fd8\u662f\u5b89\u5168\u6a21\u578b\uff0cETH \u76ee\u524d\u90fd\u505a\u5f97\u5f88\u597d\uff0c\u4f46\u957f\u671f\u6765\u770b\u5e76\u975e\u5176\u6700\u64c5\u957f\u7684\u3002<\/p>\n

    \u90a3\u4e48 ETH \u76f8\u5bf9\u4e8e\u4ee5\u592a\u574a\u7f51\u7edc\u6700\u91cd\u8981\uff0c\u4e14\u4f1a\u88ab\u5e02\u573a\u8ba4\u540c\u7684\u4ef7\u503c\u662f\u4ec0\u4e48\u5462\uff1f<\/p>\n

    \"\u4ee5\u592a\u574a\u4e0eL2\u7684\u4ef7\u503c\uff1a\u4eceCrypto\u5546\u4e1a\u6a21\u5f0f\u89c6\u89d2\u89e3\u6790\"\"\u4ee5\u592a\u574a\u4e0eL2\u7684\u4ef7\u503c\uff1a\u4eceCrypto\u5546\u4e1a\u6a21\u5f0f\u89c6\u89d2\u89e3\u6790\"<\/figure>\n

    \u200dSource: @0xdoug<\/p>\n

    \u6211\u4eec\u6216\u8bb8\u53ef\u4ee5\u4ece\u4ee5\u592a\u574a\u7684\u53d1\u5c55\u5386\u7a0b\u627e\u5230\u4e00\u4e9b\u5934\u7eea\uff0c\u4ee5\u592a\u574a\u5386\u53f2\u76ee\u524d\u4e3a\u6b62\u6709\u4e94\u4e2a\u9ad8\u5149\uff1a<\/p>\n

      \n
    • \u76f4\u63a5\u7684 Token \u53d1\u884c<\/li>\n
    • DeFi Summer \u6d41\u52a8\u6027\u6316\u77ff<\/li>\n
    • \u6d41\u52a8\u6027\u8d28\u62bc<\/li>\n
    • L2 \u6316\u77ff<\/li>\n
    • \u518d\u8d28\u62bc AVS \u6316\u77ff<\/li>\n<\/ul>\n

      \u6700\u65e9\u671f\u76f4\u63a5\u901a\u8fc7\u4ee5\u592a\u574a\u53d1\u884c\u4ee3\u5e01\u8d44\u4ea7\uff0c\u6253\u5f00\u4e86\u8d44\u4ea7\u53d1\u884c\u7684\u65b0\u4e16\u754c\uff0c\u4e5f\u8ba9\u4ee5\u592a\u574a\u627e\u5230\u4e86\u6700\u521d\u7684 PMF\u3002\u4ece\u6b64\u4ee5\u540e\uff0cETH \u7684\u4e3b\u8981\u53d1\u5c55\u8282\u70b9\u90fd\u548c\u8d44\u4ea7\u53d1\u884c\u606f\u606f\u76f8\u5173\u3002<\/p>\n

      DeFi Summer \u65f6\u4ee3\uff0c\u8d44\u4ea7\u53d1\u884c\u6a21\u5f0f\u6f14\u53d8\u6210\u4e86\u6d41\u52a8\u6027\u6316\u77ff\uff0c\u4e0d\u4ec5\u8ba9 ETH \u4f5c\u4e3a\u652f\u6491\u8d44\u4ea7\u53d1\u884c\u7684\u8d44\u4ea7\uff0c\u8fd8\u8ba9\u5176\u6210\u4e3a\u5177\u6709\u8ba1\u4ef7\u80fd\u529b\u7684\u6d41\u52a8\u6027\u6807\u7684\u3002\u4e8e\u662f ETH \u627e\u5230\u4e86\u7b2c\u4e8c\u4e2a PMF\u2014\u2014\u6d41\u52a8\u6027\u8ba1\u4ef7\u8d44\u4ea7\u3002\u4ece\u6b64\u4ee5\u540e\uff0c\u4ee5\u592a\u574a\u751f\u6001\u7684\u8d44\u4ea7\u53d1\u884c\u90fd\u4f1a\u9644\u5e26\u5bf9\u4e8e\u6d41\u52a8\u6027\u6539\u5584\u7684\u601d\u8003\u3002<\/p>\n

      \u6d41\u52a8\u6027\u8d28\u62bc\uff0c\u5728\u89e3\u51b3\u8d28\u62bc\u9700\u6c42\u7684\u540c\u65f6\u5f15\u5bf9\u6d41\u52a8\u6027\u8ba1\u4ef7\u4ef7\u503c\u7684\u589e\u5f3a\u3002\u4ece\u6b64\u4e4b\u540e\uff0c\u8d44\u4ea7\u53d1\u884c\u90fd\u9010\u6e10\u5f15\u5165 ETH \u65f6\u95f4\u673a\u4f1a\u6210\u672c\u6316\u77ff\u7684\u5c5e\u6027\uff0c\u4e5f\u5373\u8d28\u62bc\uff0c\u8fd9\u662f\u4ee5\u592a\u574a\u7684\u7b2c\u4e09\u4e2a PMF\u3002<\/p>\n

      L2 \u6316\u77ff\u662f\u6b64\u7c7b\u8d44\u4ea7\u53d1\u884c + \u6d41\u52a8\u6027\u8ba1\u4ef7 + \u65f6\u95f4\u6210\u672c\u6316\u77ff\u7684\u4e00\u79cd\u8868\u73b0\u3002\u901a\u8fc7\u5c06 ETH \u6865\u63a5\u5230 L2\uff0c\u8d28\u62bc\u5e76\u6316\u53d6\u539f\u751f Token\/DeFi \u534f\u8bae Token\uff0c\u540c\u65f6\u63d0\u4f9b\u6d41\u52a8\u6027\uff0c\u8fd9\u4efd\u6d41\u52a8\u6027\u53c8\u901a\u8fc7 L2 \u4e0a\u7684\u6d41\u52a8\u6027\u5f15\u64ce\u6d41\u5230\u5404\u4e2a\u534f\u8bae\u3002ETH \u7684\u4e09\u4e2a PMF \u5408\u4e00\u3002<\/p>\n

      \u518d\u8d28\u62bc\u548c AVS \u6316\u77ff\u53c8\u662f\u4e09\u8005\u5408\u4e00\u7684\u53e6\u4e00\u79cd\u5b9e\u73b0\u3002\u6d41\u52a8\u6027\u518d\u8d28\u62bc\u534f\u8bae\u91ca\u653e\u6d41\u52a8\u6027\uff0c\u7c7b\u4f3c\u4e8e EigenLayer \u7684\u518d\u8d28\u62bc\u534f\u8bae\u63d0\u4f9b\u8d28\u62bc\uff0c\u65e0\u9650\u671f\u7684\u901a\u8fc7\u65f6\u95f4\u6210\u672c\u6316\u77ff AVS \u539f\u751f Token\u3002<\/p>\n

      \u4ee5\u592a\u574a\u4e0d\u65ad\u91cd\u590d\u5e76\u6539\u5584\u7740\u8fd9\u6837\u7684\u6a21\u5f0f\uff0c\u5728\u8d44\u4ea7\u53d1\u884c\u548c Defi \u7528\u4f8b\u4e2d\uff0c\u4e3a ETH \u672c\u8eab\u4e0d\u65ad\u521b\u9020\u9700\u6c42\u548c\u4ef7\u503c\u3002\u4e5f\u4e0d\u65ad\u5f3a\u5316\u7740 ETH \u5728\u65e0\u8bba\u662f\u751f\u606f\u8d44\u4ea7\uff0c\u8d44\u4ea7\u53d1\u884c\u3001\u6d41\u52a8\u6027\u63d0\u4f9b\u73af\u8282\u7684\u7b2c\u4e00\u9009\u62e9\uff0c\u6216\u662f\u8d44\u4ea7\u7684\u66dd\u5149\u5ea6\u53ca\u4f5c\u4e3a gas \u7684\u9700\u6c42\uff0c\u65e0\u4e00\u4e0d\u8ba9 ETH \u5206\u53d1\u5230\u534f\u8bae\u548c\u7528\u6237\u7684\u624b\u4e2d\uff0c\u6210\u4e3a\u4ee5\u592a\u574a\u751f\u6001\u4e2d\u57fa\u7840\u8bbe\u65bd\u3001\u534f\u8bae\u6240\u5173\u6ce8\u7684\u9996\u8981\u76ee\u6807\u548c\u7528\u6237\u5fc3\u667a\u4e2d\u7684\u4ef7\u503c\u8d27\u5e01\u7b2c\u4e00\u9009\u62e9\u3002<\/p>\n

      \u76ee\u524d\u5bf9\u8fd9\u4efd\u4ef7\u503c\u7684\u7ade\u4e89\u5e76\u4e0d\u6fc0\u70c8\uff0c\u5982 Uniswap \u4e3b\u6d41\u6c60\u5b50\u4e2d\u4ee5 ETH \u4e3a\u7ed3\u7b97\u5355\u4f4d\u7684\u8d27\u5e01\u5bf9\u5360\u5230\u4e86 80% \u4ee5\u4e0a\u3002\u4f46 ETH \u8fd8\u662f\u9762\u4e34\u4e00\u4e9b\u6f5c\u5728\u7ade\u4e89\u3002\u5305\u62ec L2 \u539f\u751f\u8d44\u4ea7\u548c\u884d\u751f\u8d44\u4ea7\u5728\u4ef7\u503c\u5b58\u50a8\u4e0a\u7684\u7ade\u4e89\uff0c\u6bd4\u5982 Base \u4e0a\u7684 $cbBTC\uff0c\u4ee5\u53ca\u610f\u56fe\u7f51\u7edc\u5e26\u6765\u7684\u94fe\u4e0b\u6d41\u52a8\u6027\u7684\u7ade\u4e89\u3002<\/p>\n

      \"\u4ee5\u592a\u574a\u4e0eL2\u7684\u4ef7\u503c\uff1a\u4eceCrypto\u5546\u4e1a\u6a21\u5f0f\u89c6\u89d2\u89e3\u6790\"\"\u4ee5\u592a\u574a\u4e0eL2\u7684\u4ef7\u503c\uff1a\u4eceCrypto\u5546\u4e1a\u6a21\u5f0f\u89c6\u89d2\u89e3\u6790\"<\/figure>\n

      USDC\/WETH vs USDC\/cbBTC, Source: Dune Analytic<\/p>\n

      \u4f46\u957f\u671f\u6765\u770b\uff0c\u56f4\u7ed5 ETH \u5efa\u8bbe\u5e26\u6765\u7684\u7f51\u7edc\u6548\u5e94\uff0c\u7ecf\u6d4e\u6d3b\u52a8\u7684\u589e\u91cf\u5e02\u573a\u5e26\u6765\u9700\u6c42\u589e\u957f\uff0c\u5c06\u4f1a\u5982 Myles \u6240\u8bf4\uff0c\u4e00\u5207\u4ef7\u503c\u90fd\u4f1a\u53d8\u7684\u66f4\u6709\u4ef7\u503c\u3002<\/p>\n

      4. \u603b\u7ed3<\/strong><\/p>\n

      Crypto \u5177\u6709\u4ef7\u503c\u7684\u5546\u4e1a\u6a21\u5f0f\u5305\u62ec\u4e09\u7c7b\uff1a\u4f01\u4e1a\u3001\u534f\u8bae\u3001\u8d27\u5e01\u672c\u8eab\uff0c\u524d\u4e24\u8005\u5dee\u522b\u4e3b\u8981\u5728\u534f\u8bae\u7684\u4e2d\u5fc3\u5316\u63a7\u5236\u3001\u5784\u65ad\u3001\u8c03\u6574\u548c\u4ef7\u683c\u6b67\u89c6\u80fd\u529b\uff0c\u534f\u8bae\u672c\u8eab\u4e5f\u6709\u5bf9\u4e8e\u4e0d\u540c\u7a0b\u5ea6\u81ea\u6cbb\u7684\u8ffd\u6c42\u3002\u8d27\u5e01\u672c\u8eab\u5728\u4e8e\u67d0\u4e00\u5177\u6709 Traction \u7684\u573a\u666f\u65e9\u671f\u4f7f\u7528\u4ea7\u751f\u7684\u7f51\u7edc\u6548\u5e94\u3002<\/p>\n

      \u7531\u4e8e\u4ee5\u592a\u574a\u53ca\u5176 L2 \u6218\u7565\u7684\u65e9\u671f\u5b9a\u4f4d\uff0c\u5c06\u4ee5\u592a\u574a\u7684\u4ef7\u503c\u5f80\u65e0\u8bb8\u53ef\u300c\u534f\u8bae\u300d\u548c ETH\u300c\u8d27\u5e01\u300d\u7684\u5c42\u9762\u63a8\u52a8\u3002\u53c8\u7531\u4e8e\u4ee5\u592a\u574a\u7684\u613f\u666f\u3001\u9886\u5bfc\u67b6\u6784\u548c\u65e9\u671f L2 \u6218\u7565\uff0c\u4ee5\u592a\u574a\u534a\u4e3b\u52a8\u534a\u88ab\u52a8\u5730\u653e\u5f03\u4e86\u6765\u81ea L2 \u7684\u8425\u6536\uff0c\u964d\u4f4e L2 \u8d1f\u62c5\u4e3a L2 \u6253\u5f00\u589e\u957f\u7a7a\u95f4\u3002\u5c3d\u7ba1\u76ee\u524d\u6765\u81ea\u4ee5\u592a\u574a\u57fa\u91d1\u4f1a\u7684 Ethereum Alignment \u7684\u6807\u51c6\u8d8a\u6765\u8d8a\u6e05\u6670\uff0c\u4f46\u6574\u4f53\u5f00\u653e\u81ea\u6cbb\u7684\u5b9a\u4f4d\u4e5f\u8ba9\u4ee5\u592a\u574a\u4e0d\u518d\u5b9a\u4f4d\u4e3a\u4e00\u4e2a\u5355\u7eaf\u7684\u300c\u4f01\u4e1a\u300d\u3002<\/p>\n

      \u5f3a\u5927\u7684\u65e9\u671f L2 \u751f\u6001\u6f14\u53d8\u6210\u8054\u76df L2\uff0c\u672c\u8d28\u4e0a\u662f\u66f4\u5177\u4e2d\u5fc3\u5316\u9886\u5bfc\uff0c\u6709\u8bb8\u53ef\u7684 L2 \u53d1\u884c\u300c\u534f\u8bae\u300d\uff0c\u4ee5\u66f4\u4e2d\u5fc3\u5316\u7684\u6a21\u5f0f\u5ef6\u7eed\u4e86\u4ee5\u592a\u574a\u7684\u4f7f\u547d\u3002Universal L2 \u56de\u5f52\u4e86 L1 \u5c42\u9762\u4f5c\u4e3a\u300c\u4f01\u4e1a\u300d\u7684\u7ade\u4e89\uff0c\u76f8\u6bd4\u4e8e\u4ee5\u592a\u574a\u751f\u6001\u5916\u7684 L1 \u6709\u542f\u52a8\u5c42\u9762\u7684\u4f18\u52bf\u548c\u4ee3\u5e01\u5c42\u9762\u7684\u52a3\u52bf\u3002Appchain \u7684\u4ef7\u503c\u5219\u5e94\u8be5\u56de\u5f52\u5546\u4e1a\u6a21\u5f0f\u6709\u4e86\u6539\u8fdb\u540e\u7684\u300c\u5e94\u7528\u300d\u672c\u8eab\uff08\u66f4\u504f\u300c\u4f01\u4e1a\u300d\u6216\u662f\u4e2d\u5fc3\u5316\u7a0b\u5ea6\u8f83\u9ad8\u7684\u300c\u534f\u8bae\u300d\uff09\uff0c\u66f4\u9700\u8981\u8003\u8651\u8d77\u94fe\u7684 ROI\u3002L2 \u8f83\u4e3a\u4e2d\u5fc3\u5316\u7684\u84ec\u52c3\u53d1\u5c55\uff0c\u57fa\u4e8e\u7684\u662f\u4ee5\u592a\u574a\u9ad8\u5ea6\u53bb\u4e2d\u5fc3\u5316\u6a21\u5f0f\u4e0b\uff0c\u820d\u5f03\u6536\u5165\u5e26\u6765\u6276\u6301\u548c\u7a7a\u95f4\u3002<\/p>\n

      \u4ee5\u592a\u574a\uff0c\u5728 DA \u5df2\u88ab\u8bc1\u660e\u4e0d\u662f\u5408\u9002\u7684\u5546\u4e1a\u6a21\u5f0f\u7684\u524d\u63d0\u4e0b\uff0c\u9010\u6e10\u5b9a\u4f4d\u4e3a\u820d\u5f03\u4e86\u76c8\u5229\u95f8\u53e3\u7684\u65e0\u8bb8\u53ef L2 \u53d1\u884c\u534f\u8bae\u3002\u5176\u4e3b\u52a8\u820d\u5f03\u4e86\u5728\u5b58\u91cf\u5e02\u573a\u4e0b\u7684\u5784\u65ad\u80fd\u529b\uff0c\u5e0c\u671b\u80fd\u591f\u6362\u6765\u7684\u662f\u589e\u91cf\u5e02\u573a\u4e0b\u7684\u9020\u8840\u80fd\u529b\u3002L2 \u8054\u76df\u53ca\u4e00\u4e9b\u4f01\u4e1a\u6027\u8d28\u6781\u5f3a\u7684 L2\uff0c\u5728\u6ca1\u6709\u5411\u4ee5\u592a\u574a\u7eb3\u7a0e\u7684\u8d1f\u62c5\u4e0b\uff0c\u5982\u4f55\u5e26\u6765\u65b0\u7684\u589e\u91cf\uff0c\u662f\u4ee5\u592a\u574a\u6700\u5927\u7684\u8d4c\u6ce8\u3002<\/p>\n

      \u4ee5\u592a\u574a\u4f5c\u4e3a\u8d27\u5e01\u7684\u4ef7\u503c\uff0c\u6765\u81ea\u4e8e\u4ee5\u592a\u574a\u4e0a\u4e0d\u65ad\u7684\u8d44\u4ea7\u53d1\u884c\u548c\u6d41\u52a8\u6027\u6e38\u620f\u3002\u4e94\u6b21 PMF Moment\uff0c\u4e0d\u65ad\u7ed9 ETH \u8d44\u4ea7\u672c\u8eab\u5e26\u6765\u4ef7\u503c\u548c\u4f7f\u7528\u60ef\u6027\u3002\u968f\u7740\u4ee5\u592a\u574a\u6574\u4f53\u751f\u6001\u7684\u6269\u5f20\uff0cETH \u4f5c\u4e3a\u751f\u6001\u5185\u6700\u5177\u6709\u4ef7\u503c\u7684\u8d44\u4ea7\uff0c\u5728\u65b0\u751f\u6001\u542f\u52a8\u5230\u8fd0\u884c\u7684\u6bcf\u4e2a\u73af\u8282\u90fd\u8d77\u7740\u81f3\u5173\u91cd\u8981\u7684\u4f5c\u7528\uff0c\u8fd9\u4ef0\u4ed7\u4e8e ETH \u5f3a\u5927\u7684\u7f51\u7edc\u6548\u5e94\u3002\u968f\u751f\u6001\u7a33\u5b9a\u4e0b\u6765\uff0c\u56fa\u7136\u4f1a\u6709\u90e8\u5206\u539f\u751f\u8d44\u4ea7 \/Wrap \u8d44\u4ea7\u8d77\u5230\u8865\u5145\u4f5c\u7528\uff0c\u4f46\u96be\u4ee5\u5f71\u54cd ETH \u7684\u7edd\u5bf9\u4efd\u989d\u3002<\/p>\n

      \u5982\u679c\u6709\u672a\u6765 L2 \u751f\u6001\u7e41\u8363\u7684\u4e00\u5929\uff0c\u4f5c\u4e3a\u5177\u6709\u7f51\u7edc\u6548\u5e94\u7684 ETH\uff0c\u5373\u4f7f\u4e0d\u4e00\u5b9a\u5177\u6709\u5784\u65ad\u6548\u5e94\uff0c\u4ecd\u80fd\u83b7\u5f97\u589e\u91cf\u5e26\u6765\u7684\u91c7\u7528\u4e0a\u7684\u5de8\u989d\u56de\u62a5\uff0c\u5c4a\u65f6\u4ee5\u592a\u574a\u5c06\u9010\u6e10\u5960\u5b9a\u4ee5 ETH \u8d44\u4ea7\u4e3a\u4e3b\u5bfc\u7684\u4ef7\u503c\u5f62\u5f0f\u3002<\/p>\n

      \u5728\u7406\u89e3\u4ee5\u592a\u574a\u4e3a\u751f\u6001\u7684\u53d6\u820d\u548c ETH \u4ee5\u53ca L2 \u7684\u4ef7\u503c\u5b9a\u4f4d\u540e\uff0c\u6211\u4eec\u66f4\u52a0\u76f8\u4fe1 L2 \u4f5c\u4e3a\u4ee5\u592a\u574a\u751f\u6001\u7684\u751f\u529b\u519b\uff0c\u5c06\u4ee5\u5546\u4e1a\u5229\u76ca\u9a71\u52a8\u7684\u6a21\u5f0f\u8f7b\u88c5\u524d\u8fdb\uff0c\u4ee5\u4e30\u5bcc\u7684\u6280\u672f\u67b6\u6784\u9009\u62e9\uff0c\u591a\u65b9\u5411\u53d1\u5c55\uff0c\u5185\u90e8\u5782\u76f4\u6574\u5408\u7684\u4f18\u52bf\u5feb\u901f\u6253\u5f00\u7528\u4f8b\u7684\u5929\u82b1\u677f\u3002\u800c ETH \u5c06\u4f5c\u4e3a\u4e00\u79cd\u6700\u5177\u6709\u7f51\u7edc\u6548\u5e94\u7684\u8d44\u4ea7\uff0c\u968f\u6574\u4e2a\u751f\u6001\u7684\u84ec\u52c3\u800c\u5f97\u5230\u4ef7\u503c\u53d1\u73b0\u3002<\/p>\n","protected":false},"excerpt":{"rendered":"

      1. Crypto \u7684\u5546\u4e1a\u6a21\u5f0f \u6700\u8fd1\u6709\u8bb8\u591a\u5bf9\u4e8e\u4ee5\u592a\u574a\u548c L2 \u4ef7\u503c\u79ef\u7d2f\u7684\u6279\u8bc4\uff0c\u4ee5\u592a\u574a\u548c L2 \u65e5\u65b0\u6708\u5f02\u7684\u63a2\u7d22\u5f0f […]<\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4],"tags":[],"class_list":["post-1103","post","type-post","status-publish","format-standard","hentry","category-news"],"_links":{"self":[{"href":"http:\/\/www.fubairui.net\/index.php?rest_route=\/wp\/v2\/posts\/1103","targetHints":{"allow":["GET"]}}],"collection":[{"href":"http:\/\/www.fubairui.net\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"http:\/\/www.fubairui.net\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"http:\/\/www.fubairui.net\/index.php?rest_route=\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"http:\/\/www.fubairui.net\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=1103"}],"version-history":[{"count":1,"href":"http:\/\/www.fubairui.net\/index.php?rest_route=\/wp\/v2\/posts\/1103\/revisions"}],"predecessor-version":[{"id":2757,"href":"http:\/\/www.fubairui.net\/index.php?rest_route=\/wp\/v2\/posts\/1103\/revisions\/2757"}],"wp:attachment":[{"href":"http:\/\/www.fubairui.net\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=1103"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"http:\/\/www.fubairui.net\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=1103"},{"taxonomy":"post_tag","embeddable":true,"href":"http:\/\/www.fubairui.net\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=1103"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}