Odaily News According to reports, the Psy Protocol has officially launched its public Testnet. This network is based on an innovative blockchain architecture that achieves internet-level throughput and high-speed performance while maintaining Bitcoin-level security. With client-side zk-SNARKs and a horizontally scalable state architecture (PARTH), the Psy Protocol achieved a performance of millions of TPS in internal testing, and the block processing time for all transactions only increases logarithmically with user scale, ensuring the system remains efficient during large-scale applications. Its PoW 2.0 (Useful Proof of Work) consensus mechanism transforms mining into the process of generating and aggregating zk-SNARKs, which are directly used to ensure transaction security. The Psy Protocol is a smart contracts platform based on Useful Proof of Work, providing developers with the ability to build ultra-large-scale Web 3 applications by allowing users to generate transaction proofs and aggregate zk-SNARKs on-chain.
Disclaimer: The information on this page may come from third parties and does not represent the views or opinions of Gate. The content displayed on this page is for reference only and does not constitute any financial, investment, or legal advice. Gate does not guarantee the accuracy or completeness of the information and shall not be liable for any losses arising from the use of this information. Virtual asset investments carry high risks and are subject to significant price volatility. You may lose all of your invested principal. Please fully understand the relevant risks and make prudent decisions based on your own financial situation and risk tolerance. For details, please refer to
Disclaimer.
Related Articles
A certain whale received 245 BTC again eight hours ago, accumulating a total of 495.3 BTC purchased over the past two weeks.
Gate News reports that on March 10th, according to The Data Nerd monitoring, eight hours ago, a whale address bc1q8 received another 245 BTC (approximately $16.8 million). Data shows that over the past two weeks, this whale has accumulated a total of 495.3 BTC (approximately $33.4 million) through an institution, with an average purchase price of about $67,430.
GateNews3m ago
Bitcoin returns to $70,000: Geopolitical conflict concerns ease, ETF fund inflows continue to drive BTC rebound
On March 10th, Bitcoin broke through $70,000 during the East Asian trading session, completing a recovery after the weekend sell-off. As volatility in the energy markets eased, selling pressure on risk assets diminished. Market data shows that institutional capital inflows continue to support Bitcoin, investor sentiment is improving, and short-term upside potential is increasing.
GateNews10m ago
Yesterday, the US Bitcoin spot ETF experienced a net inflow of $57.73 million.
Gate News Report, March 10 — According to crypto analyst Trader T's monitoring, on March 9, the US Bitcoin spot ETF saw a net inflow of $57.73 million. Among them, FBTC (Fidelity) had a net inflow of $60.09 million; BITB (Bitwise) had a net outflow of $4.49 million; ARKB (Ark) had a net outflow of $274 million.
GateNews28m ago
Peter Brandt releases Bitcoin chart analysis showing a short-term bullish pattern
Gate News Announcement, March 10, renowned trader and chart analyst Peter Brandt released a Bitcoin chart analysis. Peter Brandt successfully predicted the 2018 Bitcoin crash. The chart shows the "Big Banana" chart displaying a large upward curved channel on the long-term weekly chart (2014-2027); the "Small Banana" chart shows a smaller similar curve currently forming near $69,000 on the daily chart. The arrows in the chart clearly point upward, indicating higher targets.
GateNews49m ago
BTC Price Fluctuation Analysis
# BTC Price Movement Deep Attribution Report for March 10, 2026, 02:30-02:45 (UTC)
## 1. Event Overview
Between 02:30 and 02:45 (UTC) on March 10, 2026, Bitcoin (BTC) experienced a significant price movement, with a return of +1.39%. The price fluctuations during this time window exceeded normal ranges, attracting market attention. This report will conduct a comprehensive attribution analysis based on on-chain data, market conditions, macroeconomic environment, trading behaviors, and other dimensions to uncover the true causes of the event and provide insights for investors.
GateNews56m ago
