U.S. government budget for July

Every time it rises, I come out to show off a bit and then it falls. Now that it's not rising, should I post an update to see? Friends who have been in the market these past few years must be feeling very disgusted, right? There has been too much time spent falling, and it has worn out so many people. Since we have chosen this path, we must persevere; we will definitely have a good outcome. In the future, if we really enter a long-term bull or slow bull market, there will almost be no opportunities for sudden wealth, so be mentally prepared.

The Ethereum Prague upgrade will be launched in April 2025, including 11 EIPs, changing the on-chain operating model, focusing on user experience and security. The upgrade enhances the stake mechanism, optimizes the L2 ecosystem, drops user interaction costs, and lays the foundation for future improvements. Overall, it reflects Ethereum's adaptation to market demands and promotes Decentralization development.

Texas is actively promoting Bitcoin as a state-level strategic reserve by signing a bill, combining market purchases with law enforcement seizures to form a dual-track strategy and strengthen the supply scarcity of Bitcoin. This action has sparked competition across the United States regarding encryption regulation, while Texas, leveraging its strong energy and crypto Mining infrastructure, hopes to establish rules in the future to shape the blueprint for digital asset regulation.

Fully homomorphic encryption (FHE) is a technology that allows for arbitrary addition and multiplication operations on encrypted data. This method enables computation through untrusted third parties without revealing sensitive information, and is particularly widely used in the field of AI, protecting data privacy and alleviating data security pressures. Despite facing challenges in computational resources, FHE is expected to become an important privacy protection tool in the AI era.

Polkadot Development Strategy Report Introduction Hello to all friends who are concerned about Polkadot. We are a team focused on researching Polkadot and the development opportunities and prospects within the Polkadot ecosystem, and we have continuously received support from the Polkadot treasury six times. As a team that has been researching Polkadot for nearly five years, we have heard increasing voices of disappointment within the community recently. Many people see no hope and have even left the Polkadot ecosystem, which is something we do not want to see. With the recent launch of OpenGov on Polkadot, we see that governance rights are increasingly being handed over to the community, and we can become a driving force for the development of Polkadot. Therefore, we have decided to shift from a previously passive research role to an active participation role. This article is a Polkadot growth strategy report that we believe outlines how Polkadot should grow, and many of the viewpoints presented are the results of our years of research. This article will directly refer to the market rather than just the technology.