本地令牌，區塊鍊和加密貨幣：2025年有什麼交易？

探索本地令牌在區塊鏈生態系統中的關鍵作用，諸如Cardano的午夜之類的最新發展以及Quantum Computing的迫在眉睫的威脅。

Native tokens are the backbone of blockchain, fueling transactions, security, and governance. In the ever-evolving world of crypto, understanding their role is key. Let's dive into what's been happening with native tokens, blockchains, and cryptocurrencies, focusing on the latest buzz and trends.

原住民令牌是區塊鏈的骨幹，加油交易，安全性和治理。在不斷發展的加密世界中，了解它們的角色是關鍵。讓我們深入研究本地令牌，區塊鍊和加密貨幣的情況，重點關注最新的嗡嗡聲和趨勢。

Native Tokens: The Heart of the Blockchain

本地令牌：區塊鏈的心臟

In the cryptocurrency ecosystem, a native token is the primary digital asset powering a blockchain. Think of it as the fuel that keeps the engine running. Unlike other tokens created on top of existing networks (non-native tokens), native tokens are embedded directly into a blockchain’s architecture. Bitcoin (BTC) for the Bitcoin network and Ether (ETH) for Ethereum are prime examples. They're not just added later; they're integral to the blockchain's design from day one.

在加密貨幣生態系統中，本地令牌是為區塊鏈提供動力的主要數字資產。將其視為保持發動機運行的燃料。與在現有網絡（非本地令牌）之上創建的其他令牌不同，本機令牌直接嵌入了區塊鏈的體系結構中。比特幣網絡的比特幣（BTC）和以太坊的Ether（ETH）是主要例子。他們不僅是稍後添加的；從第一天開始，它們是區塊鏈設計不可或缺的一部分。

Native vs. Non-Native: What's the Difference?

本地與非本地人：有什麼區別？

It's crucial to distinguish between native and non-native tokens. Native tokens, like ETH on Ethereum, are built directly into the blockchain's protocol. Non-native tokens, such as Uniswap's UNI, are created using smart contracts on an existing blockchain. UNI relies on Ethereum's infrastructure and uses ETH to process transactions.

區分天然和非本地令牌至關重要。像以太坊上的ETH這樣的本地令牌直接構建在區塊鏈的協議中。非本地令牌（例如Uniswap的Uni）是使用現有區塊鏈上的智能合約創建的。 UNI依靠以太坊的基礎設施，並使用ETH處理交易。

While native tokens secure and power the underlying blockchain, non-native tokens expand its use cases by enabling applications like DeFi, stablecoins, and governance systems.

儘管本地代幣安全並為基礎區塊鏈供電，但非本地代幣通過啟用諸如DEFI，stablecoins和治理系統之類的應用程序來擴展其用例。

Key Functions of Native Tokens

本地令牌的關鍵功能

• Transaction Fees: Native tokens pay for network activity. ETH pays gas fees on Ethereum, and SOL handles transaction fees on Solana.
• Consensus Participation: Many blockchains use native tokens for staking, mining, or validator rewards.
• Incentives and Rewards: Validators and miners are compensated in the native token, incentivizing them to maintain the blockchain’s security.
• Governance: Some blockchains use native tokens as governance tools, allowing holders to vote on protocol upgrades and policy changes.
• Economic Backbone: Native tokens serve as the unit of account for dApps and smart contracts.

Cardano's Midnight: A Game Changer?

Cardano的午夜：改變遊戲規則的人？

Charles Hoskinson, CEO and founder of Input Output, believes that Midnight will be instrumental in propelling Cardano to the next level. Midnight will launch on the Cardano network. At launch, Hoskinson expects Midnight’s utility token, NIGHT, to become the largest, most traded, and highest volume Cardano native token (CNT). With its distribution model allocating 100% of its supply to users of eight blockchain ecosystems, NIGHT aims to attract adoption beyond the Cardano community.

投入輸出的首席執行官兼創始人查爾斯·霍斯金森（Charles Hoskinson）認為，午夜將有助於將Cardano推向新的水平。午夜將在Cardano網絡上推出。霍斯金森（Hoskinson）預計，霍斯金森（Hoskinson）預計午夜的公用事業令牌（Night）將成為最大，交易最多，數量最多的卡爾達諾本地代幣（CNT）。由於其分銷模型將其100％的供應分配給了八個區塊鏈生態系統的用戶，因此夜間旨在吸引卡爾達諾社區以外的採用。

As of August 6, 2025, Hoskinson disclosed that 23,182 wallets have claimed 470 million NIGHT tokens since the Glacier Drop portal opened on August 5.

截至2025年8月6日，霍斯金森（Hoskinson）透露，自8月5日冰川滴水門戶開放以來，有23,182個錢包聲稱擁有4.7億個晚上令牌。

The Quantum Threat: A Looming Challenge

量子威脅：迫在眉睫的挑戰

The blockchain industry faces a pivotal challenge: quantum computing. As quantum computers advance, they threaten to render traditional cryptographic systems obsolete. Quantum computers can crack RSA and ECC—the bedrock of blockchain security—in minutes. Projects that embed PQC into their core architecture today will define the security landscape of tomorrow.

區塊鏈行業面臨著關鍵的挑戰：量子計算。隨著量子計算機的推進，它們可能會使傳統的加密系統過時。量子計算機可以在幾分鐘內破解RSA和ECC（區塊鏈安全的基岩）。今天將PQC嵌入其核心架構的項目將定義明天的安全格局。

Early-Stage Protocols Leading the Charge

領導指控的早期協議

• MatRiCT (Monero's Quantum-Resistant Evolution): Extends Monero's RingCT to conceal transaction amounts against quantum attacks.
• Li et al.'s Bonsai Tree Wallets: Lightweight quantum-resistant solutions ideal for IoT and resource-constrained environments.
• R3's BPQS and Corda's Hybrid Approach: Combines hash-based cryptography with a fallback mechanism for permissioned blockchains.
• LACChain's NIST-Compliant Integration: Deploys NIST-standardized algorithms to secure digital signatures and key exchanges.

Investment Strategies: Native vs. Non-Native

投資策略：本地與非本地人

When investing, native tokens (like BTC, ETH, SOL) generally offer more stability due to their essential role in blockchain operations. Non-native tokens (like UNI, AAVE, CAKE) can provide higher returns but carry more risk, depending on the success of their underlying projects. A balanced portfolio often includes both: native tokens as a foundation and select non-native tokens for growth exposure.

投資時，本地令牌（例如BTC，ETH，SOL）通常由於其在區塊鏈操作中的重要作用而提供更大的穩定性。非本地令牌（例如Uni，Aave，Cake）可以提供更高的回報，但會帶來更大的風險，具體取決於其基礎項目的成功。平衡的投資組合通常包括：天然令牌作為基礎和選擇非本地令牌以進行生長暴露。

Pi Network: Recent Activity and Price Movements

PI網絡：最近的活動和價格運動

The Pi Network has seen unusually large on-chain activity, with six major transactions totaling 550 million π occurring between August 22 and August 23, 2025. While the Pi Network demonstrates active participation from its foundation and community, investors should keep an eye on updates from the Pi Foundation and follow technical signals before making any moves.

PI網絡的鍊鍊活動異常大，六項主要交易總計5.5億π在2025年8月22日至8月23日之間進行。儘管PI網絡表明其基礎和社區的積極參與，但投資者應密切關注PI基金會的最新信息，並在採取任何動作之前遵循PI基礎並關注技術信號。

Final Thoughts

最後的想法

Native tokens are the unsung heroes of the blockchain world, providing the essential fuel for decentralized networks. With exciting developments like Cardano's Midnight and looming threats like quantum computing, staying informed is key. So, whether you're a seasoned investor or just dipping your toes into crypto, understanding native tokens is your ticket to navigating this ever-evolving landscape. Now, go forth and conquer the crypto world – you've got this!

本地令牌是區塊鏈世界的無名英雄，為分散網絡提供了必不可少的燃料。憑藉Cardano的午夜和諸如量子計算等迫在眉睫的威脅之類的令人興奮的發展，保持知情是關鍵。因此，無論您是經驗豐富的投資者，還是僅將腳趾浸入加密貨幣，了解本地令牌都是您駕駛這一不斷發展的景觀的門票。現在，出去征服加密世界 - 您已經知道了！