比特币增强的可编程性：加密创新的新视野

在最近推出的美国比特币 ETF 和减半事件中，加密货币投资者热切期待下一个推动比特币突破当前纪录的催化剂。大量新项目正在涌现，旨在增强比特币区块链的可编程性，为直接在比特币网络上的智能合约和去中心化应用程序提供潜力。这波创新浪潮引发了人们的乐观情绪，认为比特币的 DeFi 生态系统可能会超越以太坊，从而实现显着增长并将其价格推向新的高度。

Bitcoin's Programmability: A New Chapter in Cryptocurrency Evolution

比特币的可编程性：加密货币演变的新篇章

In the wake of the highly anticipated launch of the first U.S. spot Bitcoin exchange-traded funds (ETFs) and the recent Halving event, cryptocurrency investors have eagerly awaited the next significant catalyst to propel Bitcoin to unprecedented heights beyond its current record of $73,700. According to a recent Bloomberg report, a growing number of developers believe that the answer lies in enhancing the core blockchain of the cryptocurrency with greater programmability.

在备受期待的美国首只现货比特币交易所交易基金 (ETF) 的推出和最近的减半事件之后，加密货币投资者热切地等待着下一个重要的催化剂，以推动比特币达到前所未有的高度，超越目前的 73,700 美元纪录。根据彭博社最近的一份报告，越来越多的开发人员认为，答案在于增强加密货币的核心区块链，使其具有更大的可编程性。

Beyond Digital Gold: Expanding Bitcoin's Capabilities

超越数字黄金：扩展比特币的功能

Bitcoin has traditionally been perceived primarily as "digital gold," serving as a store of value with limited functionality beyond basic transactions. In contrast, the Ethereum network has gained prominence due to its smart contract functionality, enabling a wide range of applications, from lending and borrowing to yield farming.

传统上，比特币主要被视为“数字黄金”，作为一种价值储存手段，除了基本交易之外，其功能有限。相比之下，以太坊网络因其智能合约功能而受到关注，支持从借贷到流动性挖矿等广泛的应用。

A wave of innovative projects is emerging, aiming to bring similar programmatic flexibility to the Bitcoin blockchain. By leveraging techniques such as the "Ordinals" protocol, which allows data to be embedded in Bitcoin's smallest unit (the satoshi), developers are unlocking new possibilities for creating tokens, smart contracts, and even decentralized applications (dApps) directly on the Bitcoin network.

一波创新项目正在兴起，旨在为比特币区块链带来类似的编程灵活性。通过利用诸如“Ordinals”协议之类的技术（该协议允许将数据嵌入到比特币的最小单位（satoshi）中），开发人员正在解锁直接在比特币网络上创建代币、智能合约甚至去中心化应用程序（dApp）的新可能性。

"It's a huge unlock for Bitcoin," said Kyle Samani, co-founder of crypto investment firm Multicoin Capital, which recently led a $7 million funding round for Arch, a startup building a programmable platform on top of Bitcoin.

加密货币投资公司 Multicoin Capital 的联合创始人凯尔·萨马尼 (Kyle Samani) 表示：“这对比特币来说是一个巨大的解锁。”该公司最近为 Arch 筹集了 700 万美元的资金，Arch 是一家在比特币基础上构建可编程平台的初创公司。

As per the Bloomberg report, Arch, which is expected to become accessible to all developers as early as this month, will empower applications built on the Solana blockchain to be ported and run on Bitcoin. Notably, around 20 teams are already developing Ordinal-based applications covering a range of use cases, including borrowing, lending, decentralized exchanges, and stablecoins.

据彭博社报道，Arch 预计最早将于本月向所有开发人员开放，它将支持在 Solana 区块链上构建的应用程序在比特币上移植和运行。值得注意的是，大约 20 个团队已经在开发基于 Ordinal 的应用程序，涵盖一系列用例，包括借贷、去中心化交易所和稳定币。

The Layer 1 Foundation is also actively developing a programmable module for the BRC-20 metaprotocol, designed to store executable code directly on the Bitcoin blockchain. This approach aims to capitalize on BTC's relatively longer block confirmation times, currently at 10 minutes (compared to Ethereum's 12 seconds), enabling more complex computations.

Layer 1 基金会还积极为 BRC-20 元协议开发可编程模块，旨在直接在比特币区块链上存储可执行代码。这种方法旨在利用 BTC 相对较长的区块确认时间（目前为 10 分钟（而以太坊为 12 秒）），从而实现更复杂的计算。

Can Bitcoin's DeFi Ecosystem Rival Ethereum?

比特币的 DeFi 生态系统能否与以太坊相媲美？

Despite these advancements, skepticism persists regarding the potential of Bitcoin's enhanced programmability as the catalyst for a significant rally. Jeff Garzik, a former BTC core developer, believes that layer 2 scaling solutions hold a competitive advantage, offering lower transaction costs compared to running applications natively on the network.

尽管取得了这些进步，但人们仍然对比特币增强的可编程性作为大幅反弹催化剂的潜力持怀疑态度。前 BTC 核心开发人员 Jeff Garzik 认为，第 2 层扩展解决方案具有竞争优势，与在网络上本地运行应用程序相比，它提供更低的交易成本。

Nevertheless, proponents of programmable BTC remain optimistic, believing that this new wave of decentralized finance (DeFi) applications could be a significant growth driver. Toby Lewis, founder of OrdinalsBot, shared his perspective:

尽管如此，可编程比特币的支持者仍然保持乐观，他们相信新一波的去中心化金融（DeFi）应用可能会成为重要的增长动力。 OrdinalsBot 创始人 Toby Lewis 分享了他的观点：

"Bitcoin's DeFi ecosystem could grow to become the largest in all of crypto. It's possible that it could reach trillions of dollars in market cap over the next few years, and it appears to be one of the major drivers of growth in crypto this cycle."

“比特币的 DeFi 生态系统可能会成长为所有加密货币中最大的。它的市值有可能在未来几年内达到数万亿美元，而且它似乎是本周期加密货币增长的主要驱动力之一。 ”

Should these predictions materialize, the long-anticipated catalyst for Bitcoin's next major price surge may have been found.

如果这些预测成为现实，人们期待已久的比特币下一次价格大幅上涨的催化剂可能就会被发现。

BTC's Price and Market Dynamics

BTC的价格和市场动态

At the time of writing, Bitcoin, the largest cryptocurrency by market capitalization, trades at $67,300, representing an increase of over 7% in the past seven days. The daily chart indicates an upward trend for BTC's price.

截至撰写本文时，市值最大的加密货币比特币的交易价格为 67,300 美元，过去 7 天内上涨了 7% 以上。日线图显示 BTC 价格呈上升趋势。

As the cryptocurrency landscape evolves, the developments surrounding Bitcoin's programmability warrant close observation. The potential implications for the industry's future trajectory are significant, and investors and market participants alike should remain informed on these ongoing advancements.

随着加密货币格局的发展，围绕比特币可编程性的发展值得密切观察。该行业未来发展轨迹的潜在影响是巨大的，投资者和市场参与者都应该随时了解这些持续的进展。