Comparatively, according to market news, a team of developers released a prototype of a private Bitcoin exchange based on Mercury Layer, Nostr, and zero-knowledge technology for off-chain transactions. This article is sponsored by GENG, Build Your Fortune on GENG (https://geng.one)
According to surveillance, Jack Dorsey's Block released Buzz. It's an open source collaboration platform for humans and AI agents that attempts to combine Slack's team chat with GitHub's code collaboration. Buzz provides channels, thread, private messages, voice, media sharing, automated processes, and Git hosting. Agents join as independent members and have their own identity and permissions. They can message, submit, and review code, and trigger workflows. The platform supports Claude Code, Codex, and goose. Buzz is based on the Nostr protocol. Messages, workflows, and Git actions are all signed and written to a unified event log. Teams can deploy on their own or use a hosted version provided by Block. The project uses the Apache 2.0 open source license. Buzz already provides macOS, Windows, and Linux clients, but the product is still in its early stages. The mobile terminal and some workflow approval features have not yet been completed.
According to Bitcoin Magazine, Jack Dorsey, founder of Block (formerly Square), announced the launch of Buzz, an open source decentralized group chat application aimed at challenging team collaboration platforms such as Slack. Built on the decentralized social protocol Nostr, Buzz targets teams of humans and AI agents, and supports chat, project management, coding, and PR collaboration. Block said the app is decentralized, open and open source, users can control data independently, and teams can collaborate with members and dedicated agents in a shared space.
Comparative news, according to GMGN monitoring, at 8 o'clock today, the market value of the base ecological meme coin CLAWSTR dived 87% in a short period of time. Compared with yesterday's high, its cumulative decline has reached 95%. The current market capitalization is only about $900,000, and the 24-hour decline is 90%. According to the data, in this round of sell-off, a number of early buyers and addresses that had obtained profits chose to clear their positions at a loss. Among them, trader address 0xdc5 bought a total of 175,000 US dollars in positions when the market capitalization rose to 13.5 million US dollars, and once recorded a floating profit. Eventually, after the loss increased to 70%, they cut the balance and left the market, recording a loss of about 124,000 US dollars. In addition, addresses such as 0x090 and 0xca6 all left the market at a loss during this decline after early purchases or pullbacks to increase positions. The meme was co-issued by Nostr founder Derek Ross and Bitcoin ecosystem developer Alex Gleason. As a community-supported token for Clawstr.com, it rose sharply to a market capitalization of $1.9 million yesterday. Users are reminded that meme coin transactions are highly volatile, mostly dependent on market sentiment and conceptual hype, and have no actual value or use cases. Investors should be aware of risks.
Comparatively, according to GMGN data, the market value of the base ecosystem meme token CLAWSTR has risen to 13.7 million US dollars and is now reported at 12.8 million US dollars, up more than 33 times in 24 hours, with a turnover of 13.4 million US dollars. Nostr and Bitcoin ecosystem developer Alex Gleason issued CLAWSTR tokens as community-supported tokens for CLAWSTR.com. Clawstr is a decentralized social network built on the Nostr protocol and designed for AI agents. Users are reminded that most meme coins have no actual use cases, and their prices fluctuate greatly, so they need to be careful when investing.
By Eric, Foresight News Original title: 41 people, $8.4 million, how many developers does a $2 trillion company need to support Bitcoin's trillion-dollar empire? What is the development cost? According to public data estimates, among US listed companies, the current market capitalization exceeds 2 trillion dollars, the number of technicians or developers is a few thousand or more, tens of thousands, and annual salary expenses are as high as hundreds of millions or even billions of dollars. Bitcoin, which had a market capitalization of up to $2.5 trillion, still has a market value of nearly $1.75 trillion. These two figures are $41 and $8.4 million, respectively. Yes, the absolute “big brother” in the cryptocurrency space, has a core development organization of only 41 people and is supported by millions of dollars of donations and wages from a few companies every year. Through dozens of hours of interviews and research, 1a1z revealed Bitcoin Core, the mysterious team behind Bitcoin, and the investors through a report. This report, which was released in October of last year and shows the full picture of Bitcoin's 2023 and 2024 development team and donors, is slightly outdated, but the changes in the Bitcoin developer system are all on a yearly basis, and even today it is almost the same as when the report was investigated. The purpose of this report is to let participants understand that Bitcoin is still “vulnerable” to a certain extent at a time when the world is watching the price of Bitcoin, and as probably the only truly decentralized project, you and I can actually contribute to it. Thanks to X user Aaron Zhang for interpreting the report and updating the 2025 update. The first chart in the report by the world's most efficient distributed team shows the difference between Bitcoin and technology companies with similar market capitalization: in 2023, Meta had at least 20,000 developers, with a market capitalization of around $1.5 trillion, compared to only 41 people with a market capitalization of $1.2 trillion during the same period. These 41 developers contributed code to Bitcoin Core, what we often call Bitcoin Core developers. Of the 41 core developers, there are 5 maintainers (maintainers) in special status. They are currently the only 5 people in the world who have the right to incorporate core developers' improvement proposals into Bitcoin Core. You know, there were only 13 people with this status in the past 10 years, and we'll talk about these 13 people later. If you don't think Bitcoin is comparable to listed companies, then the report also uses Web3 projects to compare. In the case of Boca, Boca spent $7 million on core developers in 2023, but its market capitalization was only 1.2% of Bitcoin. In 2024, Boca spent $16.8 million on Bitcoin-like development activities. Meanwhile, Ethereum spent around $32.3 million on core developers in 2023 and $50 million in 2024. There are definitely more than 41 people who have contributed to the Bitcoin code. The numbers given in the report only cover those directly providing code to Bitcoin Core, not including test engineers, researchers, etc., not including protocols such as Lightning Network and Nostr, or even the libsecp256k1 library, which is closely linked to Bitcoin Core. The digital “contrast” really reflects Bitcoin's strong “anti-fragility.” Bitcoin doesn't have a foundation organization with other projects as a standard, so it doesn't have the ability to finance and allocate resources for other projects, but the author believes that this is also true. Bitcoin does not rely on a single entity to make decisions, and there is no misuse of funds, and every penny is spent: “Bitcoin's firm resistance to any form of centralization or single point of failure is its unique feature, and the only way we believe Bitcoin can succeed.” When I was interviewing an investment agency in the early years, I asked a question. The decentralized DAO for Web3 projects is so inefficient, and it is often difficult to reach agreement on simple things. What is the value of its existence? The other party answered that inefficiency is one of the ways this system works, because it is impossible to be efficient if one thing is to be widely agreed upon, and this kind of “democracy”, which seems insensitive and inefficient, is exactly where its value lies. At this point, you'll probably think that the report itself is like a “hymn” to Bitcoin, maybe...
Author: Byron Gilliam Compiled by: AidiDiaoJP, Foresight News Original title: 2025 Nobel Peace Prize Winner and Bitcoin Story Maria Corina Machado received news that she had won the Nobel Peace Prize when she was trapped. This “Iron Lady of Venezuela” and “Joan of Latin America” has been hiding since Nicolas Maduro threatened “supreme justice” against her after the 2024 election, which clearly showed that she is the legitimate president of Venezuela. Machado reports that since then she has experienced assassination attempts and kidnappings, but has refused to leave the country. She sent her three children to a safe place abroad, but chose to stay. According to the Nobel Committee, “This choice has inspired millions.” This is an example that should resonate outside of Venezuela: “María Corina Machado has shown that a tool for democracy is also a tool for peace,” the Commission added. Machado said that one of these tools is Bitcoin. She told the Human Rights Foundation that the Maduro regime “weaponized the financial system to deal with its people,” citing hyperinflation of 10 million percent in 2018. Since 2008, the Venezuelan government has expropriated the savings of its citizens by removing 14 zeros from its national currency, equivalent to today's 100 trillion bolivars, to buy what one bolivar could buy in 2008. “The value of holding a bag of candy far exceeds owning a bag of national currency,” said a Venezuelan who was deprived of his property, “because candy preserves its value.” Machado argues that Bitcoin is a better, less costly store of value: “Some Venezuelans have found a lifeline in Bitcoin, using it to protect their wealth and finance their escape.” However, Machado himself did not use it to escape. “Our campaign operates without banking channels,” Machado said. But they can still accept donations: “Unlike bank transfers, which the regime usually blocks, Bitcoin donations cannot be confiscated.” In this sense, Bitcoin helped Machado lead the fight against Maduro within Venezuela. It allowed many other Venezuelans to survive and resist Maduro. “Bitcoin has circumvented the exchange rate imposed by the government and helped many of our people,” Machado added. “It has evolved from a humanitarian tool to a critical instrument of resistance.” Another protesting Venezuelan, Jorge Heraisati of the Economic Inclusion Group, said this made Bitcoin part of a “technical strategy” against authoritarianism. “The key to defeating an authoritarian regime is that citizens have universal access to free technology like Bitcoin, Signal, and Nostr,” he wrote. Bitcoin in particular gave his compatriots “the ability to overcome Maduro's financial surveillance and crackdown.” Many parts of the world live in similar oppressive environments. Alex Gladstein of the Human Rights Foundation estimates that “87% of humans are born either in authoritarian regimes or in a collapsing fiat currency system.” In most parts of the world, he explained, “traditional banking systems are simply no longer sufficient to effectively fund democratic work.” However, Bitcoin is “maintaining the vitality of resistance” in places where government-issued currency “cannot be used for basic human rights activities.” Gladstein said Bitcoin is increasingly becoming the currency for these activities and is moving towards “becoming the standard currency for human rights activism and beyond by 2030.” We're used to seeing Bitcoin's ambitious 2030 price target, but can it reach a bigger activist target? If it did, the Nobel Committee might be praised for helping it. Gladstein notes, “The vast majority of Bitcoin critics live in the US or Europe and are blinded by huge financial privileges.” By awarding the Peace Prize to an enthusiastic user, the Nobel Committee may help remove prejudice and improve Bitcoin's image in a region of the world where 13% don't need it (other than as an investment). For Machado, the main benefit of the Nobel Peace Prize is that she will be safer once she is more famous. “This raised her level of recognition and increased the costs of trying to suppress and destroy her,” explained Gideon Ross of the Foreign Relations Council. “By giving her benevolent international public recognition for her efforts, the Nobel Prize may protect her life.” Well, for Bitcoin, the significance of this award is that Machado also gave it to cryptocurrencies that are often slandered...
Source: Token Dispatch Original title: Jack Dorsey: The Man Who Rewired Global Communication Compiled and organized: bitPushNews “They're always talking about where they're going, what they're doing, and where they are now; this is where Twitter is inspired.” There was no sound in the conference room. 2008/10. Jack Dorsey looked around Twitter's board members looking for an ally. Not a single one. Evan Williams avoided his gaze. Venture capitalists talk about “operational challenges” and “management issues” in a cautious tone. The platform crashes frequently. The employee complained that he left his yoga class early. The board has lost confidence in him. Fred Wilson read out the verdict: They need new leadership. Williams will take over as CEO. Dorsey could continue as chairman, but his day-to-day control of Twitter came to an end. He's not arguing. The 31-year-old has never run a company of this size. The pressure kept him out of breath. But walking out of the building, which housed his hard work, he felt a pain in his heart. The platform stemmed from his teenage obsession with scheduling communications. Now, that vision belongs to someone else. Being fired from a company I founded, I learned lessons that business schools would never teach. For Dorsey, this is just the beginning. “Black” offered a job. Jack Patrick Dorsey grew up in a working-class Missouri family and believed in Catholicism. His father makes mass spectrometers, and his mother runs a coffee shop. Young Jack had a stutter, which made him stay indoors more, where he discovered computers and communication systems. Dorsey wrote scheduling software. Real taxi companies use his code to coordinate their fleets, solving real problems for real businesses. His obsession was no accident. Dorsey has long recognized the power of simple, frequent updates to coordinate complex systems. First aid dispatchers don't waste a word because clarity saves lives. What if this same efficiency could improve everyday communication? At Bishop DuBourg High School (Bishop DuBourg High School), he worked as a part-time fashion model. After school, he “invades” systems, not to destroy them, but to understand how they work. The “invasion” that changed his life occurred when he was 16 years old. Dispatch Management Services (Dispatch Management Services) has set up a website, but no contact information is listed. When Dorsey discovered a security flaw, instead of exploiting it, he sent an email to the company's chairman explaining the vulnerability and how to fix it. Dorsey began the conversation this way. Chairman Greg Kidd (Greg Kidd) decided to hire him within a week. A teenager from Missouri works for a Manhattan logistics company to learn how to coordinate movement and resources in real time. At age 14, the scheduling software he programmed was already actually used by taxi companies. At age 18, he dropped out of NYU, just one semester away from graduation. The idea that occupied his mind was so strong that he couldn't wait to get a diploma. What if people could broadcast brief status updates to friends just like a dispatcher updates their location and activities? If you could effortlessly call or email, how about knowing what everyone on your network is doing right now? The platform that devoured the world In 2000, Dorsey moved to California and founded a company focused on dispatching couriers and emergency services through the Internet. The project failed. Over the next five years, as a freelance programmer, he continued to refine his ideas and wait for the right moment. The timing came in 2006 for Odeo, a struggling podcast company. During a brainstorming session, Dorsey proposed his concept of status updates. He described it as combining the broadcast nature of a blog with the instantaneity of instant messaging. Dorsey collaborated with Noah Glass (Noah Glass) and Biz Stone (Biz Stone) to build the first Twitter prototype in two weeks. The name “twttr” follows the five-character SMS short code format and is inspired by Flickr. @firstversions2006年3月21日晚上9 :50, Dorsey posted the first Tweet: “Just setti...
The annual Bitcoin event “Bitcoin Asia 2025” will be grandly opened on August 28-29, 2025 at the Hong Kong Convention and Exhibition Center. The conference is expected to welcome more than 12,000 leaders from Bitcoin builders, top experts, innovative companies and investment institutions from around the world to discuss Bitcoin's cutting-edge technology, market pulse, and ecological future. The full conference agenda has been officially announced, and exciting keynote speeches and high-end forums are about to explode. This is a feast of industry ideas not to be missed! Venue: Hong Kong Convention and Exhibition Center Time: August 28-29, 2025 Focus: Bitcoin Technology Frontiers, Market Trends and Ecological Development Official Schedule: https://asia.b.tc/agendaBitcoin Asia 2025 Agenda August 28, 2025 (Thursday) 9:30 — 9:45 a.m. Opening Remarks Speaker: David Bailey (CEO of BTC Inc.) 9:45 — 9:50 Debunking the Top 10 Bitcoin Discussions from Disbelievers Speaker: BTB (Hong Kong Bitcoin Association Director) 9:50 — 10:00 Special Treasury Announcement Speaker: Paul Lee (CEO) 10:00 — 10:15 Damus Announcement Speaker: William Casarin ( Damus Founder) 10:30 — 11:00 Bitcoin Meetups: The Heartbeat of Adoption Guests: Keypleb (educator), Dominik Weil (BitcoinVN co-founder), BTB (Hong Kong Bitcoin Association Director) 11:00 — 11:20 How the Middle Class Can Reclaim Financial Discussing with Bitcoin Presenter: Troy Cross (Bitcoin Policy Institute Senior Research Fellow) 11:20 — 11:40 Where Do Stablecoins Fit in Asia's Financial Future? Guests: Vincent Ge (Water Drop Capital), Phyrex Ni (Macro Analyst), Jeff Wen (Hayek Tech Co-Founder), Qinbafrank (Investor) 11:40 — 12:00 Women Driving Bitcoin's Next Promising Wave Guests: Lydia (Women in Bitcoin), Carol (OrdinalHub), Anya Nova ( Everledger) 12:00 — 12:20 p.m. The Trojan Horse Behind Bitcoin Adoption Guests: JP Richardson (Exodus CEO), Ken Liao (Xverse CEO) 12:20 — 12:40 Punch Your Ticket: The Exploding On-Chain Economy Speaker: Alexei Zamyatin (Interlay Co-Founder) 12:40 — 1:00 Bitcoin and Youth: Promoting Financial Independence and the Future (Bitcoin's Impact on Youth: Financial Independence & Beyond) Guests: Reyna Chicas (Mi Primer Bitcoin Education Director), Jeremy Chiang (teacher) 1:00 — 1:20 We're Not Breaking Bitcoin: The Case for CTV + CSFS Presenter: Sagun Gar...
Judging from the current progress, Bitchat is still experimental, and its style may not be well accepted by users in this era, but it is full of creativity. Jack Dorsey also believes that in extreme scenarios such as future disaster relief, relying on ultrasonic, LoRa, or even WIFI networking can be used as a backup means of communication. True Twitter founder Jack Dorsey is a more determined cryptopunk ambassador than Coinbase founder Armstrong. He has been investing in Bitcoin for at least 10 years, even when the investment outweighs the profit. We can simply take the Bitcoin Lightning Network as an example. Jack launched the LDK development package, and even promoted Twitter to support the Lightning Network's payment function. Furthermore, he is concerned about everything about Bitcoin, so after relaunching Bitchat, he also plans to support Nostr networking features in the future to support freedom of speech from the physical layer. Reborn three times, rethinking Bitcoin, humans can use tens of KB computers to land on the moon, but they have to use hundreds of GB to host the public chain. Jack Dorsey was one of Twitter's co-founders. Although financial products such as Cash App continued to be successful in his subsequent ventures, he never forgot about freer social networking and more decentralized networking methods. BlueSky is one example. Although it's not as loud as Farcaster, I can be sure that this is not a work to generate money, but rather an exploration of the next generation of social product forms for humans. So, Bitchat is here. Interestingly, Bitchat was also the name of two social networking products on the chain before, and I think Jack Dorsey paid a little tribute to it. Photo Caption: 3rd generation Bitchat Image source: @zuoyeweb3 • In 2019, based on Bitcoin's OP_RETURN opcode, @_unwriter made the first free Bitcoin on-chain social networking tool. In fact, it is the same as the inscription. Writing information into the transaction notes is equivalent to posting a message online; • In 2022, BSV based on cheap, TonicPow CEO Luke Rohenaz launched Bitchat, a real on-chain social networking product; • In 2025, Jack Dorsey drew on the above two ideas, hardware support+free usage model, and launched Bitchat based on a local Bluetooth mesh network, which can run completely offline, completely decentralized and censorship-resistant. It's easy to find that the 2025 Bitchat drew on the idea of Bitcoin itself, but moved away from the idea that it must be done on the chain and moved to a scenario that is more suitable for ordinary people. You probably don't have a Bitcoin mining machine. After all, you are involved in a mining pool, but you must have a Bluetooth device. This is consistent with Satoshi's idea when he founded Bitcoin. According to Moore's Law, chips and storage devices will definitely become cheaper until everyone can participate in the operation of the Bitcoin network, but unfortunately, in the end, Bitcoin's value storage exceeds its actual function. Jack Dorsey clearly thought about this issue. It is necessary to compress or even eliminate economic incentives in order to promote the use of ordinary people and avoid moving towards another path of centralization and capitalization. As mentioned here, mesh can be used not only for Bluetooth networking, but also WIFI. Essentially, mesh is the “organization method” of the network, and Bluetooth, WIFI, and even Starlink are all “transmission methods” of the network, and Starlink Mesh can even theoretically be established. Having an offline group chat first may be another way to live after online wealth is free in the future. After carefully reading the documentation and code, I feel that there are strong traces of Vibe Coding, but OK, it reduces development and deployment costs, and also facilitates secondary development and improvement. Photo Caption: Group Safety Image Source: Bitchat Technical White Paper First, Bitchat is an offline, anonymous, free, IRC social networking tool. It's basically impossible to develop into a cryptocurrency project or follow the path of financing, so it's extremely pure, or not likely to have a Clubhouse boom or the evergreen of Douyin. • Offline: Bit...