#美联储回购协议计划 【Data Protocol Layer: Bitcoin Ecosystem's New Infrastructure】

Bitcoin is evolving from "digital assets" to "programmable finance." This transition is happening, and it is rapid. The question arises—who will ensure the authenticity and security of data when on-chain DeFi and new assets explode?

The role of oracles is becoming increasingly important. A good oracle, like an operating system, provides a stable and trustworthy data stream for upper-layer applications. This requires specially designed solutions, especially for the Bitcoin ecosystem.

**Core innovations are in the following aspects:**

First is security. By staking BTC through nodes to participate in the network, the security of the data layer directly aligns with the consensus mechanism of the Bitcoin mainnet—this design allows participants to truly have "skin in the game."

Secondly, there is performance. The UTXO model of Bitcoin is different from traditional smart contract chains, and oracles need targeted optimization. Providing millisecond-level, manipulation-resistant price data for native assets like BRC-20 and RUNE is a basic requirement.

Looking at the ecological carrying capacity again. Seamless integration with the Bitcoin mainnet, Lightning Network, and various layer two solutions to build a unified data service network—this is how we can form a truly ecological-level infrastructure. Advanced features such as verifiable random functions provide off-chain trusted logic for complex scenarios like on-chain games and derivative contracts.

**Economic incentives also need to be well designed:**

Participants receive protocol fee dividends through staking, which is equivalent to directly sharing the revenue generated by the network. Community members can vote to determine the priority of network resources. Ecological cooperation projects will prioritize incentivizing these contributors—this mechanism binds participants to the ecological prospects.

The wave of financialization of Bitcoin has already begun. As the DeFi ecosystem unfolds on Bitcoin, the value of data infrastructure will continue to emerge. From technical adaptation, security models to economic incentives, every aspect is related to how far this ecosystem can go.

What do you think? For a "protocol layer", the key competitive advantage should be cutting-edge technological capability, strong community consensus, or widespread ecological access?