BlockDag成为下一代区块链创新的视图

BlockDag通过让模型进行协作并获得奖励来在AI中引起轰动，而Ethena试图以其合成美元USDE为加密货币带来稳定性。

In the rapidly evolving landscape of blockchain innovation, projects like Bittensor and Ethena are spearheading fascinating experiments. Bittensor, a decentralized artificial intelligence (AI) platform, aims to revolutionize AI by enabling models to collaborate and earn rewards. On the other hand, Ethena is developing a synthetic dollar, USDe, to bring stability to the cryptocurrency domain.

在区块链创新的快速发展的景观中，Bittensor和Ethena等项目率先进行了迷人的实验。分散的人工智能（AI）平台Bittensor旨在通过使模型能够协作并获得奖励来彻底改变AI。另一方面，Ethena正在开发一种合成美元USDE，以使加密货币领域稳定。

However, both projects are still encountering challenges in terms of adoption and scaling. To address these issues and further the development of efficient and secure blockchain technology, BlockDAG is merging Directed Acyclic Graph (DAG) and Proof-of-Work (PoW) to create a high-speed and highly secure Layer 1 blockchain.

但是，在采用和扩展方面，这两个项目仍在遇到挑战。为了解决这些问题并进一步开发高效且安全的区块链技术，BlockDag正在合并定向的无环图（DAG）和工作证明（POW），以创建高速且高度安全的第1层区块链。

Moreover, BlockDAG is taking a developer-first approach, which could turn it into the go-to Layer 1 for the next generation of decentralized applications (dApps). With a goal to host 1,000 dApps by 2026, BlockDAG is thinking big and executing fast.

此外，BlockDag正在采用开发人员优先的方法，该方法可以将其转变为下一代分散应用程序（DAPPS）的第1层。到2026年，Blockdag的目标是托管1,000次DAPP，因此正在思考大大且执行迅速。

Bittensor: A Decentralized AI Marketplace

BITTENSOR：分散的AI市场

Bittensor (TAO), launched in March 2023, has created a decentralized AI marketplace where anyone can contribute computing power, train models, or share datasets and earn rewards in the TAO token. The project combines the strengths of blockchain—openness, transparency, and decentralization—with the critical needs of AI for vast data and computational resources.

Bittensor（Tao）于2023年3月推出，创建了一个分散的AI市场，任何人都可以贡献计算能力，火车模型或共享数据集并在Tao Token中获得奖励。该项目结合了区块链的优势 - 开放性，透明度和权力下放，以及对大量数据和计算资源的关键需求。

The project has already attracted significant attention from major venture capitalists. Polychain Capital and Digital Currency Group have invested several hundred million dollars, while Grayscale launched a Bittensor Trust to provide traditional buyers with exposure to the TAO token.

该项目已经引起了主要风险资本家的重大关注。 Polychain Capital和数字货币集团已经投资了数亿美元，而Grayscale推出了Bittensor Trust，为传统买家提供了Tao代币的风险。

By March 2025, TAO was trading at around $265.63, with a market cap of approximately $2.26 billion. This represents a staggering 184% increase from its launch price of $93.40.

到2025年3月，陶的交易价格约为265.63美元，市值约为22.6亿美元。这比其93.40美元的发行价增长了184％。

Ethena: Bridging the Gap Between TradFi and DeFi

ethena：弥合tradfi和defi之间的差距

Ethena, founded in early 2024, aims to create a stable digital dollar that doesn't rely on banks. Its product, USDe, is a synthetic dollar built on Ethereum.

Ethena成立于2024年初，旨在创造不依赖银行的稳定的数字美元。它的产品USDE是基于以太坊的合成美元。

The project quickly gained traction and raised $100 million in a private ENA token sale, which was completed in December 2024. The project has also secured backing from prominent institutional investors, including Franklin Templeton and F-Prime Capital.

该项目迅速获得了吸引力，并在2024年12月完成的私人ENA代币销售中筹集了1亿美元。该项目还获得了包括富兰克林·邓普顿（Franklin Templeton）和F-Prime Capital在内的著名机构投资者的支持。

The collected funds will be used to develop a native blockchain and a new financial token to introduce Ethena to legacy finance.

收集的资金将用于开发本地区块链和新的财务代币，以将埃塞纳介绍给传统金融。

As of March 26, 2025, ENA is trading at $0.4204, with a market cap of nearly $2.22 billion. While this represents only a 5% increase from its initial price of $0.40, ENA's ongoing progress and partnerships with big-name institutions make it a serious contender in the effort to bridge traditional finance and decentralized finance.

截至2025年3月26日，ENA的交易价格为0.4204美元，市值接近22.2亿美元。尽管这仅比其初始价格上涨了5％，但ENA的持续进展以及与大牌机构的合作伙伴关系使其成为努力弥合传统财务和分散财务的认真竞争者。

BlockDAG: A Hybrid Chain for Scalable dApps

块：可扩展DAPP的混合链

BlockDAG's vision is to become the foundation for the next generation of dApps. Unlike traditional blockchains that slow down or become expensive as usage increases, BlockDAG's hybrid DAG + PoW model enables fast, secure, and scalable transactions.

Blockdag的愿景是成为下一代DAPP的基础。与传统的区块链随着使用的增加而变慢或变得昂贵，BlockDag的混合DAG + POW模型可以快速，安全和可扩展的交易。

Instead of lining up transactions in a queue, which can lead to a backlog and slow processing times, BlockDAG processes transactions in parallel, quickly integrating them into the chain. This unique architecture is the core of BlockDAG's high throughput and low latency, enabling it to handle a large volume of transactions efficiently.

BlockDag无需将交易排列在队列中，这会导致积压和缓慢的处理时间，而是在并行处理交易，而是快速将其集成到链条中。这种独特的体系结构是BlockDag高吞吐量和低潜伏期的核心，使其能够有效处理大量交易。

To encourage developer activity, BlockDAG is rolling out programs to support the creation of dApps across various categories, including gaming, DeFi, health, identity, and governance. The project's Ambassador Program, Grants for projects, and upcoming hackathons with over $100K in rewards are designed to provide developers with the tools and incentives they need to build innovative dApps on the BlockDAG chain.

为了鼓励开发人员活动，BlockDag正在推出计划，以支持各种类别的DAPP创建，包括游戏，DEFI，健康，身份和治理。该项目的大使计划，项目赠款以及即将到来的黑客马拉松，奖励超过$ 10万美元，旨在为开发人员提供在BlockDag链上建立创新DAPP所需的工具和激励措施。

So far, the response has been promising. BlockDAG's presale has already raised $209 million, with the 27th batch currently offering BDC at $0.0248. This represents a 2,380% ROI from batch 1.

到目前为止，回应一直很有希望。 Blockdag的Presale已经筹集了2.09亿美元，目前第27批次提供BDC为0.0248美元。这是批次1的2,380％ROI。

With over 19 billion coins sold and the presale still ongoing, it's clear that the crypto community is interested in what BlockDAG is building and see its potential for future growth.

由于售出了超过190亿个硬币，而且预售仍在进行中，很明显，加密货币社区对Blockdag正在建造的东西感兴趣，并看到其未来增长的潜力。

Concluding Thoughts

总结思想

Bittensor and Ethena are undoubtedly exciting projects with the potential to reshape the Web3 landscape. However, both projects are still facing challenges in terms of usability and scale, which could hinder their ability to reach their full potential.

Bittensor和Ethena无疑是令人兴奋的项目，有可能重塑Web3景观。但是，在可用性和规模方面，这两个项目仍面临着挑战，这可能会阻碍他们发挥全部潜力的能力。

Projects like BlockDAG are stepping into that gap by making blockchain technology simpler, faster, and more inclusive. Its hybrid consensus system solves problems like high fees and clogged networks, while its roadmap for 1

像BlockDag这样的项目通过使区块链技术更简单，更快，更具包容性来介入这一差距。它的混合共识系统解决了高费用和堵塞网络等问题，而其路线图则为1