{"id":1899,"date":"2025-10-28T07:04:21","date_gmt":"2025-10-27T23:04:21","guid":{"rendered":"https:\/\/www.117store.com\/?p=1899"},"modified":"2025-10-28T07:04:21","modified_gmt":"2025-10-27T23:04:21","slug":"grayscale%ef%bc%9a%e5%a6%82%e4%bd%95%e5%9c%a8%e5%a4%9a%e5%85%83%e5%8c%96%e6%8a%95%e8%b5%84%e7%bb%84%e5%90%88%e4%b8%ad%e6%b7%bb%e5%8a%a0%e5%8a%a0%e5%af%86%e6%8a%95%e8%b5%84%ef%bc%9f","status":"publish","type":"post","link":"https:\/\/www.wxjqcz.com\/?p=1899","title":{"rendered":"Grayscale\uff1a\u5982\u4f55\u5728\u591a\u5143\u5316\u6295\u8d44\u7ec4\u5408\u4e2d\u6dfb\u52a0\u52a0\u5bc6\u6295\u8d44\uff1f"},"content":{"rendered":"<h1 class=\"art_tit\">Grayscale\uff1a\u5982\u4f55\u5728\u591a\u5143\u5316\u6295\u8d44\u7ec4\u5408\u4e2d\u6dfb\u52a0\u52a0\u5bc6\u6295\u8d44\uff1f<\/h1>\n<div class=\"content_text\">\n<p>\u6765\u6e90\uff1aGrayscale\uff1b\u7f16\u8bd1\uff1a\u9093\u901a\uff0c\u91d1\u8272\u8d22\u7ecf<\/p>\n<h2>\u6458\u8981<\/h2>\n<ul class=\" list-paddingleft-2\">\n<li>\n<p>\u52a0\u5bc6\u8d27\u5e01\u662f\u4e00\u79cd\u72ec\u7279\u7684\u9ad8\u6ce2\u52a8\u6027\u53e6\u7c7b\u8d44\u4ea7\u7c7b\u522b\uff0c\u5728\u6dfb\u52a0\u5230\u4f20\u7edf\u6295\u8d44\u7ec4\u5408\u4e2d\u65f6\u53ef\u80fd\u6709\u52a9\u4e8e\u63d0\u9ad8\u98ce\u9669\u8c03\u6574\u540e\u7684\u6536\u76ca\u3002<\/p>\n<\/li>\n<li>\n<p>\u5c06\u52a0\u5bc6\u8d27\u5e01\u7eb3\u5165\u6295\u8d44\u7ec4\u5408\u65f6\uff0c\u4e00\u70b9\u70b9\u6295\u5165\u5c31\u80fd\u4ea7\u751f\u5f88\u5927\u7684\u6548\u679c\uff1a<span><strong>\u4f20\u7edf\u7684\u6295\u8d44\u7ec4\u5408\u4f18\u5316\u6280\u672f\u8868\u660e\uff0c\u7ea6 5% \u7684\u5206\u914d\u53ef\u4ee5\u6700\u5927\u5316\u9884\u671f\u7684\u98ce\u9669\u8c03\u6574\u540e\u6536\u76ca\u3002\u7136\u800c\uff0c\u5206\u914d\u7ed9\u52a0\u5bc6\u8d27\u5e01\u4e5f\u53ef\u80fd\u4f1a\u589e\u52a0\u6295\u8d44\u7ec4\u5408\u7684\u98ce\u9669\u3002<\/strong><\/span><\/p>\n<\/li>\n<li>\n<p>\u5206\u914d\u7ed9\u52a0\u5bc6\u8d27\u5e01\u53ef\u80fd\u4f1a\u53d6\u4ee3\u7528\u4e8e\u63d0\u9ad8\u6536\u76ca\u6216\u5b9e\u73b0\u591a\u5143\u5316\u7684\u5176\u4ed6\u8d44\u4ea7\uff0c\u5305\u62ec\u9ec4\u91d1\u548c\u5176\u4ed6\u5927\u5b97\u5546\u54c1\u3001\u5c0f\u76d8\u80a1\u548c\u56fd\u9645\u80a1\u7968\u6216\u79d1\u6280\u80a1\u3002\u52a0\u5bc6\u8d44\u4ea7\u7c7b\u522b\u8fd8\u53ef\u80fd\u53d6\u4ee3\u67d0\u4e9b\u79c1\u4eba\u6295\u8d44\uff0c\u56e0\u4e3a\u5b83\u53ef\u4ee5\u63d0\u4f9b\u66f4\u591a\u7684\u6d41\u52a8\u6027\u3002<\/p>\n<\/li>\n<li>\n<p>\u6295\u8d44\u8005\u5728\u6295\u8d44\u52a0\u5bc6\u8d27\u5e01\u4e4b\u524d\u5e94\u8be5\u8003\u8651\u81ea\u5df1\u7684\u60c5\u51b5\u548c\u8d22\u52a1\u76ee\u6807\u3002\u8be5\u8d44\u4ea7\u7c7b\u522b\u5e94\u88ab\u89c6\u4e3a\u9ad8\u98ce\u9669\uff0c\u53ef\u80fd\u4e0d\u9002\u5408\u6709\u77ed\u671f\u8d44\u672c\u9700\u6c42\u548c\/\u6216\u9ad8\u98ce\u9669\u89c4\u907f\u7684\u6295\u8d44\u8005\u3002<\/p>\n<\/li>\n<\/ul>\n<p>\u7531\u4e8e\u4f20\u7edf\u8d44\u4ea7\u7684\u6536\u76ca\u66f4\u52a0\u96c6\u4e2d\u3001\u76f8\u5173\u6027\u4e0d\u65ad\u53d8\u5316\u4ee5\u53ca\u5b8f\u89c2\u98ce\u9669\uff0c\u6784\u5efa\u4e00\u4e2a\u9ad8\u5ea6\u591a\u5143\u5316\u7684\u6295\u8d44\u7ec4\u5408\u53d8\u5f97\u8d8a\u6765\u8d8a\u56f0\u96be\u3002\u5728 Grayscale\uff0c\u6211\u4eec\u76f8\u4fe1\u52a0\u5bc6\u8d44\u4ea7\u7c7b\u522b\u53ef\u4ee5\u6210\u4e3a\u5e2e\u52a9\u5e94\u5bf9\u8fd9\u4e9b\u6311\u6218\u7684\u4e00\u79cd\u65b9\u5f0f\u3002\u52a0\u5bc6\u8d44\u4ea7\u7c7b\u522b\u5305\u62ec\u591a\u79cd\u6280\u672f\uff0c\u5177\u6709\u8bb8\u591a\u7279\u5b9a\u7528\u4f8b\u3002\u4f8b\u5982\uff0c\u6bd4\u7279\u5e01\u662f\u4e00\u79cd\u8d27\u5e01\u7cfb\u7edf\uff0c\u800c Aave \u662f\u4e00\u79cd\u501f\u8d37\u534f\u8bae\uff0cBittensor \u662f\u4e00\u4e2a\u6784\u5efa\u5f00\u6e90 AI \u7684\u5e73\u53f0\u3002\u8fd9\u79cd\u591a\u6837\u6027\u7ed9\u8d44\u4ea7\u914d\u7f6e\u8005\u63d0\u51fa\u4e86\u4e00\u4e2a\u95ee\u9898\uff1a<span><strong>\u5728\u8003\u8651\u6295\u8d44\u7ec4\u5408\u7684\u914d\u7f6e\u65f6\uff0c\u52a0\u5bc6\u8d44\u4ea7\u5e94\u8be5\u88ab\u89c6\u4e3a\u5546\u54c1\u3001\u6280\u672f\u6295\u8d44\u8fd8\u662f\u5176\u4ed6\u4e1c\u897f\uff1f<\/strong><\/span><\/p>\n<p>Grayscale Research \u8ba4\u4e3a\uff0c<span><strong>\u52a0\u5bc6\u8d27\u5e01\u5e94\u88ab\u89c6\u4e3a\u4e00\u79cd\u72ec\u7279\u7684\u9ad8\u6ce2\u52a8\u6027\u53e6\u7c7b\u8d44\u4ea7\u7c7b\u522b\uff0c\u5f53\u5c06\u5176\u7eb3\u5165\u4f20\u7edf\u6295\u8d44\u7ec4\u5408\u65f6\uff0c\u53ef\u80fd\u6709\u52a9\u4e8e\u63d0\u9ad8\u98ce\u9669\u8c03\u6574\u540e\u7684\u56de\u62a5\u3002<\/strong><\/span>\u5c3d\u7ba1\u5355\u4e2a\u8d44\u4ea7\u5404\u4e0d\u76f8\u540c\uff0c\u4f46\u5b83\u4eec\u90fd\u57fa\u4e8e\u76f8\u540c\u7684\u5e95\u5c42\u6280\u672f\u2014\u2014\u516c\u5171\u533a\u5757\u94fe\u2014\u2014\u800c\u4e14\u5927\u591a\u6570\u53ef\u4ee5\u88ab\u89c6\u4e3a\u65e9\u671f\u6295\u8d44\u3002\u4e0e\u98ce\u9669\u6295\u8d44\u7b49\u5176\u4ed6\u65e9\u671f\u6295\u8d44\u9009\u62e9\u7684\u4e3b\u8981\u533a\u522b\u5728\u4e8e\u52a0\u5bc6\u8d27\u5e01\u7684\u5e02\u573a\u7ed3\u6784\uff1a\u57fa\u4e8e\u533a\u5757\u94fe\u7684\u8d44\u4ea7\u5177\u6709\u6d41\u52a8\u6027\uff0c\u5e76\u5728\u5168\u7403\u8303\u56f4\u5185\u5168\u5929\u5019\u4ea4\u6613\uff0c\u5305\u62ec\u8bb8\u591a\u6563\u6237\u6295\u8d44\u8005\u3002\u8fd9\u4e9b\u7279\u5f81\u2014\u2014\u5728\u6d41\u52a8\u6027\u516c\u5f00\u5e02\u573a\u4ea4\u6613\u4e14\u4efb\u4f55\u4eba\u90fd\u53ef\u4ee5\u8d2d\u4e70\u7684\u65e9\u671f\u6295\u8d44\u2014\u2014\u4ea7\u751f\u4e86\u4e00\u7ec4\u7edf\u8ba1\u5c5e\u6027\uff0c\u53ef\u7528\u4e8e\u6307\u5bfc\u6295\u8d44\u7ec4\u5408\u6784\u5efa\u3002<span><\/span><\/p>\n<h2>\u52a0\u5bc6\u8d44\u4ea7\u7c7b\u522b\u7684\u884c\u4e3a<\/h2>\n<p>\u5728\u76f8\u5bf9\u8f83\u77ed\u7684\u5386\u53f2\u4e2d\uff0c\u52a0\u5bc6\u8d44\u4ea7\u7c7b\u522b\u7684\u56de\u62a5\u7387\u8868\u73b0\u51fa\u56db\u4e2a\u4e3b\u8981\u7edf\u8ba1\u7279\u5f81\uff1a<span><strong>\uff081\uff09\u9ad8\u6ce2\u52a8\u6027\uff1b\uff082\uff09\u76f8\u5bf9\u4e8e\u5176\u4ed6\u4e3b\u8981\u8d44\u4ea7\u7c7b\u522b\u7684\u6ce2\u52a8\u6027\u7684\u56de\u62a5\u7387\uff1b\uff083\uff09\u4e0e\u4f20\u7edf\u8d44\u4ea7\u7684\u76f8\u5173\u6027\u4f4e\uff1b\uff084\uff09\u76f8\u5bf9\u8f83\u9ad8\u7684\u52a8\u91cf\uff08\u7edf\u8ba1\u6301\u4e45\u6027\uff09\u3002<\/strong><\/span>[1] \u6b64\u5916\uff0c\u8fd9\u4e9b\u7edf\u8ba1\u7279\u5f81\u5f80\u5f80\u4f1a\u968f\u7740\u65f6\u95f4\u7684\u63a8\u79fb\u800c\u6f14\u53d8\uff0c\u7279\u522b\u662f\u5bf9\u4e8e\u6bd4\u7279\u5e01\u7b49\u66f4\u6210\u719f\u7684\u6570\u5b57\u8d44\u4ea7\u800c\u8a00\u3002<\/p>\n<p><strong>1.\u9ad8\u6ce2\u52a8\u6027\u3002<\/strong>\u52a0\u5bc6\u8d27\u5e01\u662f\u4e00\u79cd\u6ce2\u52a8\u6027\u6781\u9ad8\u7684\u72ec\u7279\u4e3b\u8981\u8d44\u4ea7\u7c7b\u522b\u3002\u81ea 2017 \u5e74\u521d\u4ee5\u6765\uff0c\u53ef\u6295\u8d44\u6570\u5b57\u8d44\u4ea7\u7684\u5e02\u503c\u52a0\u6743\u6307\u6570[2]\u7684\u5e74\u5316\u6ce2\u52a8\u7387\u4e3a 95%\uff1b\u6bd4\u7279\u5e01\u540c\u671f\u7684\u6ce2\u52a8\u7387\u4e3a 83%\u3002\u76f8\u6bd4\u4e4b\u4e0b\uff0c\u6807\u51c6\u666e\u5c14 500 \u6307\u6570\u7684\u5e74\u5316\u6ce2\u52a8\u7387\u4e3a 16%\uff0c\u7eb3\u65af\u8fbe\u514b 100 \u6307\u6570\u7684\u5e74\u5316\u6ce2\u52a8\u7387\u4e3a 19%\u3002\u52a0\u5bc6\u8d27\u5e01\u7684\u6ce2\u52a8\u6027\u66f4\u63a5\u8fd1\u67d0\u4e9b\u9ad8\u4ef7\u683c\u6ce2\u52a8\u6027\u5546\u54c1\uff0c\u5982\u5929\u7136\u6c14\u6216\u91c7\u7528\u6760\u6746\u7684\u6295\u8d44\u7b56\u7565\uff08\u56fe 1\uff09\u3002\u56e0\u6b64\uff0c<span><strong>\u52a0\u5bc6\u8d44\u4ea7\u7c7b\u522b\u5e94\u88ab\u89c6\u4e3a\u9ad8\u98ce\u9669\uff0c\u8fd9\u662f\u6295\u8d44\u8005\u5728\u5c06\u52a0\u5bc6\u8d44\u4ea7\u7eb3\u5165\u6295\u8d44\u7ec4\u5408\u4e4b\u524d\u5e94\u7262\u8bb0\u7684\u9996\u8981\u8003\u8651\u56e0\u7d20\u3002<\/strong><\/span><\/p>\n<p>\u56fe 1\uff1a\u52a0\u5bc6\u8d27\u5e01\u662f\u4e00\u79cd\u72ec\u7279\u4e14\u6ce2\u52a8\u6027\u8f83\u5927\u7684\u4e3b\u8981\u8d44\u4ea7\u7c7b\u522b<\/p>\n<p><img decoding=\"async\" src=\"https:\/\/s2.flink2.com\/news\/other\/20250115\/1fd541e8c5797aa81480fd64ef090a72.jpg\" title=\"7343064\" alt=\"xmVCtxxT0W2t37TCJrijegqtFgrkseyp7x5KeZxS.jpeg\" \/><\/p>\n<p><strong>2.\u56de\u62a5\u4e0e\u6ce2\u52a8\u6027\u76f8\u79f0\u3002<\/strong>\u4e0e\u6b64\u540c\u65f6\uff0c\u6bd4\u7279\u5e01\u548c\u6574\u4e2a\u6570\u5b57\u8d44\u4ea7\uff08\u4f8b\u5982\u57fa\u4e8e\u5e02\u503c\u52a0\u6743\u6307\u6570\uff09\u4ea7\u751f\u7684\u56de\u62a5\u4e0e\u5176\u8f83\u9ad8\u7684\u6ce2\u52a8\u6027\u76f8\u79f0\u3002\u6362\u53e5\u8bdd\u8bf4\uff0c<span><strong>\u52a0\u5bc6\u8d44\u4ea7\u4ee5\u66f4\u9ad8\u7684\u56de\u62a5\u8865\u507f\u4e86\u6295\u8d44\u8005\u627f\u62c5\u7684\u8f83\u9ad8\u98ce\u9669\u3002<\/strong><\/span>\u4f8b\u5982\uff0c\u81ea 2017 \u5e74\u521d\u4ee5\u6765\uff0c\u76f8\u540c\u7684\u53ef\u6295\u8d44\u52a0\u5bc6\u8d44\u4ea7\u5e02\u503c\u52a0\u6743\u6307\u6570\u7684\u5e74\u5316\u56de\u62a5\u7387\u4e3a 69%\u3002\u9274\u4e8e\u5e74\u5316\u6ce2\u52a8\u7387\u4e3a 95%\uff0c\u56de\u62a5\u4e0e\u6ce2\u52a8\u7387\u4e4b\u6bd4\u7ea6\u4e3a 0.7\u3002\u5728\u540c\u4e00\u65f6\u671f\uff0c\u6807\u51c6\u666e\u5c14 500 \u6307\u6570\u7684\u5e74\u5316\u56de\u62a5\u7387\u4e3a 14%\uff0c\u6ce2\u52a8\u7387\u4e3a 16%\uff0c\u56de\u62a5\u4e0e\u6ce2\u52a8\u7387\u4e4b\u6bd4\u7ea6\u4e3a 0.9\u3002[3] \u5728\u7ea6 10 \u5e74\u6216\u66f4\u957f\u7684\u65f6\u95f4\u5185\uff0c\u4e3b\u8981\u8d44\u4ea7\u7c7b\u522b\u7684\u56de\u62a5\u4e0e\u6ce2\u52a8\u7387\u4e4b\u6bd4\u5f80\u5f80\u5728 0.5-1.0 \u8303\u56f4\u5185\uff0c\u800c\u52a0\u5bc6\u8d27\u5e01\u56de\u62a5\u4e5f\u5728\u8fd9\u4e2a\u8303\u56f4\u5185\uff08\u56fe\u8868 2\uff09\u3002\u56e0\u6b64\uff0c\u8003\u8651\u5230\u5176\u8f83\u9ad8\u7684\u6ce2\u52a8\u6027\uff0c\u52a0\u5bc6\u8d27\u5e01\u7684\u56de\u62a5\u7387\u4e0e\u6211\u4eec\u89c2\u5bdf\u5230\u7684\u5176\u4ed6\u8d44\u4ea7\u7c7b\u522b\u7684\u56de\u62a5\u7387\u76f8\u5f53\u3002<\/p>\n<p>\u56fe 2\uff1a\u52a0\u5bc6\u8d27\u5e01\u4e0e\u5176\u4ed6\u8d44\u4ea7\u7c7b\u522b\u7684\u56de\u62a5\u7387\u4e0e\u6ce2\u52a8\u7387\u76f8\u4f3c<\/p>\n<p><img decoding=\"async\" src=\"https:\/\/s2.flink2.com\/news\/other\/20250115\/2d4369a009d4ee72bc6fff0d8c7e2ab2.jpg\" title=\"7343078\" alt=\"GmYhFHaYaRRSq0zIifGlkbPjLcinyGF5xgOWWLBR.jpeg\" \/><\/p>\n<p><strong>3.\u4e0e\u4f20\u7edf\u8d44\u4ea7\u7684\u76f8\u5173\u6027\u8f83\u4f4e\u3002<\/strong>\u901a\u8fc7\u6760\u6746\u53ef\u4ee5\u5b9e\u73b0\u66f4\u9ad8\u7684\u6ce2\u52a8\u6027\u548c\u66f4\u9ad8\u7684\u56de\u62a5\u2014\u2014\u901a\u8fc7\u501f\u94b1\u6295\u8d44\u66f4\u591a\u8d44\u672c\u3002\u7136\u800c\uff0c\u5728\u4f20\u7edf\u8d44\u4ea7\u4e0a\u589e\u52a0\u6760\u6746\u5e76\u4e0d\u4f1a\u5f71\u54cd\u5b83\u4eec\u7684\u76f8\u5173\u6027\uff0c\u56e0\u6b64\u4e0d\u80fd\u7528\u4e8e\u63d0\u9ad8\u98ce\u9669\u8c03\u6574\u540e\u7684\u56de\u62a5\u3002[4] <span><strong>\u52a0\u5bc6\u8d44\u4ea7\u7c7b\u522b\u7684\u72ec\u7279\u4e4b\u5904\u5728\u4e8e\u5b83\u63d0\u4f9b\u9ad8\u98ce\u9669\u548c\u9ad8\u6f5c\u5728\u56de\u62a5\uff0c\u540c\u65f6\u4e0e\u4f20\u7edf\u8d44\u4ea7\u7684\u76f8\u5173\u6027\u8f83\u4f4e\uff08\u56fe 3\uff09\u3002<\/strong><\/span>\u8f83\u4f4e\u7684\u76f8\u5173\u6027\u662f\u6295\u8d44\u7ec4\u5408\u591a\u5143\u5316\u7684\u201c\u79d8\u8bc0\u201d\uff0c\u4e5f\u662f\u6570\u636e\u9a71\u52a8\u7684\u6295\u8d44\u7ec4\u5408\u4f18\u5316\u65b9\u6cd5\u901a\u5e38\u4f1a\u5c06\u52a0\u5bc6\u8d44\u4ea7\u7c7b\u522b\u7eb3\u5165\u5176\u4e2d\u7684\u539f\u56e0\u3002<\/p>\n<p>\u56fe 3\uff1a\u52a0\u5bc6\u8d27\u5e01\u548c\u80a1\u7968\u5e02\u573a\u56de\u62a5\u4e4b\u95f4\u7684\u76f8\u5173\u6027\u5386\u53f2\u8f83\u4f4e<\/p>\n<p><img decoding=\"async\" src=\"https:\/\/s2.flink2.com\/news\/other\/20250115\/f393294140b3b1bf9847bda6ffde195c.jpg\" title=\"7343079\" alt=\"flYrSkwHtsBPyUoXC4XSTthQeqmkdoOIgzvJW9MV.jpeg\" \/><\/p>\n<p><strong>4.\u9ad8\u52a8\u91cf\u3002<\/strong>\u4e0e\u80a1\u7968\u548c\u503a\u5238\u76f8\u6bd4\uff0c\u52a0\u5bc6\u8d44\u4ea7\u7c7b\u522b\u7684\u5386\u53f2\u56de\u62a5\u8868\u73b0\u51fa\u76f8\u5bf9\u8f83\u9ad8\u7684\u52a8\u91cf\uff1a\u6536\u76ca\u5f80\u5f80\u8ffd\u968f\u6536\u76ca\uff0c\u635f\u5931\u5f80\u5f80\u8ffd\u968f\u635f\u5931\u3002\u8fd9\u6837\u4e00\u6765\uff0c\u6570\u5b57\u8d44\u4ea7\u56de\u62a5\u66f4\u7c7b\u4f3c\u4e8e\u8d27\u5e01\u548c\u5546\u54c1\u8d44\u4ea7\u7684\u56de\u62a5\uff0c\u540e\u8005\u4e5f\u8868\u73b0\u51fa\u4ef7\u683c\u52a8\u91cf\u3002<span><strong>\u9ad8\u6ce2\u52a8\u6027\u548c\u9ad8\u52a8\u91cf\u7684\u7ed3\u5408\u610f\u5473\u7740\u52a0\u5bc6\u8d44\u4ea7\u7c7b\u522b\u5076\u5c14\u4f1a\u4ea7\u751f\u96c6\u4e2d\u7684\u5927\u5e45\u4e0a\u6da8\u671f\uff0c\u4ee5\u53ca\u5927\u5e45\u4e0b\u8dcc\u671f\u3002<\/strong><\/span>\u5c06\u52a0\u5bc6\u8d27\u5e01\u7eb3\u5165\u591a\u5143\u5316\u6295\u8d44\u7ec4\u5408\u7684\u6295\u8d44\u8005\u53ef\u80fd\u4f1a\u8003\u8651\u4f7f\u7528\u8d8b\u52bf\u8ddf\u8e2a\u7b56\u7565\u8fdb\u884c\u98ce\u9669\u7ba1\u7406\u3002<\/p>\n<p>\u5c3d\u7ba1\u52a0\u5bc6\u8d44\u4ea7\u7c7b\u522b\u5df2\u7ecf\u53d1\u5c55\u5230\u76f8\u5f53\u53ef\u89c2\u7684\u89c4\u6a21\uff0c\u4f46\u5b83\u4ecd\u7136\u76f8\u5bf9\u5e74\u8f7b\uff0c\u5176\u7edf\u8ba1\u5c5e\u6027\u53ef\u80fd\u4f1a\u968f\u7740\u65f6\u95f4\u7684\u63a8\u79fb\u800c\u53d1\u751f\u53d8\u5316\u3002\u5bf9\u4e8e\u4e00\u4e9b\u8f83\u6210\u719f\u7684\u8d44\u4ea7\uff0c\u5982\u6bd4\u7279\u5e01\uff0c\u60c5\u51b5\u5df2\u7ecf\u5982\u6b64\uff0c\u6bd4\u7279\u5e01\u7684\u4ef7\u683c\u6ce2\u52a8\u6027\u5df2\u7ecf\u4e0b\u964d\uff08\u56fe 4\uff09\u3002Grayscale Research \u8ba4\u4e3a\uff0c<span><strong>\u516c\u5171\u533a\u5757\u94fe\u53ef\u4ee5\u88ab\u89c6\u4e3a\u7f51\u7edc\u6280\u672f\uff0c\u7ecf\u6d4e\u7406\u8bba\u9884\u6d4b\u7f51\u7edc\u7684\u4ef7\u503c\u5c06\u4e0e\u7f51\u7edc\u89c4\u6a21\u5448\u975e\u7ebf\u6027\u5173\u7cfb\u3002\u56e0\u6b64\uff0c\u968f\u7740\u7528\u6237\u91c7\u7528\u7387\u7684\u589e\u957f\uff0c\u6295\u8d44\u8005\u5e94\u8be5\u4e3a\u57fa\u4e8e\u533a\u5757\u94fe\u7684\u8d44\u4ea7\u7684\u7edf\u8ba1\u56de\u62a5\u884c\u4e3a\u7684\u53d8\u5316\u505a\u597d\u51c6\u5907\u3002<\/strong><\/span><\/p>\n<p>\u56fe 4\uff1a\u6bd4\u7279\u5e01\u7684\u6ce2\u52a8\u6027\u968f\u7740\u65f6\u95f4\u7684\u63a8\u79fb\u800c\u4e0b\u964d<\/p>\n<p><img decoding=\"async\" src=\"https:\/\/s2.flink2.com\/news\/other\/20250115\/f7fbad81994722accc2b088e5b4d4d78.jpg\" title=\"7343081\" alt=\"TmKbIUGiQLP6lfPbOxVdYgxjjR44XJp4KRZ1peCZ.jpeg\" \/><\/p>\n<h2>\u591a\u5143\u5316\u4f18\u52bf<br \/><\/h2>\n<p>\u5728\u6784\u5efa\u591a\u5143\u5316\u6295\u8d44\u7ec4\u5408\u65f6\uff0c\u6295\u8d44\u8005\u901a\u5e38\u4f1a\u8003\u8651\u6bcf\u79cd\u8d44\u4ea7\u7684\u9884\u671f\u98ce\u9669\u548c\u9884\u671f\u56de\u62a5\uff0c\u4ee5\u53ca\u8d44\u4ea7\u4e4b\u95f4\u7684\u9884\u671f\u76f8\u5173\u6027\uff0c\u4ee5\u5f97\u51fa\u6700\u5927\u5316\u98ce\u9669\u8c03\u6574\u540e\u56de\u62a5\u7684\u7ec4\u5408\u3002[5] \u7eb3\u5165\u52a0\u5bc6\u8d44\u4ea7\u7c7b\u522b\u4e5f\u4e0d\u4f8b\u5916\uff1a\u6295\u8d44\u8005\u5e94\u6839\u636e\u5386\u53f2\u8868\u73b0\u548c\u5bf9\u672a\u6765\u56de\u62a5\u53ef\u80fd\u5982\u4f55\u53d8\u5316\u7684\u5224\u65ad\uff0c\u8003\u8651\u9884\u671f\u98ce\u9669\u3001\u56de\u62a5\u548c\u76f8\u5173\u6027\u3002<\/p>\n<p>\u4f5c\u4e3a\u4e00\u4e2a\u57fa\u51c6\u793a\u4f8b\uff0cGrayscale Research \u8003\u8651\u5c06\u6bd4\u7279\u5e01\u7eb3\u5165\u4f20\u7edf\u7684 60\/40 \u80a1\u7968\u548c\u503a\u5238\u6295\u8d44\u7ec4\u5408\u3002[6] \u6211\u4eec\u4f7f\u7528\u8499\u7279\u5361\u6d1b\u65b9\u6cd5\u6a21\u62df\u4e86\u5305\u542b\u4e0d\u540c\u6570\u91cf\u6bd4\u7279\u5e01\u7684\u5047\u8bbe\u6295\u8d44\u7ec4\u5408\u3002\u7136\u540e\uff0c\u6211\u4eec\u4f30\u7b97\u4e86\u6295\u8d44\u7ec4\u5408\u7684\u9884\u671f\u5e74\u5316\u56de\u62a5\u7387\u548c\u5e74\u5316\u6ce2\u52a8\u7387\uff0c\u5e76\u8ba1\u7b97\u4e86\u9884\u671f\u590f\u666e\u6bd4\u7387\uff08\u8be6\u60c5\u8bf7\u53c2\u9605\u6280\u672f\u9644\u5f55\uff09\u3002[7] \u5bf9\u4e8e\u57fa\u51c6\u793a\u4f8b\uff0c\u6211\u4eec\u5047\u8bbe\u6bd4\u7279\u5e01\u672a\u6765\u56de\u62a5\u7684\u5206\u5e03\u5c06\u4e0e 2014 \u5e74\u4ee5\u6765\u7684\u5b9e\u9645\u56de\u62a5\u76f8\u5339\u914d\u3002\u6bd4\u7279\u5e01\u56e0\u5176\u5386\u53f2\u8f83\u957f\u800c\u88ab\u7528\u4f5c\u4ee3\u8868\u6027\u6570\u5b57\u8d44\u4ea7\uff1b\u6211\u4eec\u5c06\u5728\u4e0b\u4e00\u8282\u4e2d\u8003\u8651\u5177\u6709\u66f4\u5e7f\u6cdb\u6570\u5b57\u8d44\u4ea7\u7684\u6295\u8d44\u7ec4\u5408\u3002<\/p>\n<p>\u56fe 5 \u663e\u793a\u4e86\u6211\u4eec\u57fa\u7ebf\u6a21\u62df\u7684\u7ed3\u679c\u3002<span><strong>\u968f\u7740\u6bd4\u7279\u5e01\u4ee5\u5c0f\u5e45\u5ea6\u589e\u52a0\u5230\u7ecf\u5178\u7684 60\/40 \u6295\u8d44\u7ec4\u5408\u4e2d\uff0c\u9884\u671f\u590f\u666e\u6bd4\u7387\u6700\u521d\u4f1a\u4e0a\u5347\u3002\u539f\u56e0\u662f\uff0c\u5c3d\u7ba1\u6bd4\u7279\u5e01\u662f\u4e00\u79cd\u6ce2\u52a8\u6027\u8d44\u4ea7\uff0c\u4f46\u5b83\u53ef\u4ee5\u63d0\u4f9b\u9ad8\u56de\u62a5\uff0c\u5e76\u4e14\u4e0e\u4f20\u7edf\u8d44\u4ea7\u7684\u76f8\u5173\u6027\u8f83\u4f4e\uff0c\u56e0\u6b64\u5177\u6709\u591a\u5143\u5316\u4f18\u52bf\u3002<\/strong><\/span>\u590f\u666e\u6bd4\u7387\u6301\u7eed\u4e0a\u5347\uff0c\u76f4\u5230\u6bd4\u7279\u5e01\u5360\u603b\u6295\u8d44\u7ec4\u5408\u7684\u7ea6 5%\uff0c\u7136\u540e\u5f00\u59cb\u8d8b\u4e8e\u5e73\u7a33\u3002\u5728\u6b64\u4e4b\u540e\uff0c\u589e\u52a0\u6bd4\u7279\u5e01\u914d\u7f6e\u4e0d\u518d\u6709\u671b\u63d0\u9ad8\u98ce\u9669\u8c03\u6574\u540e\u7684\u56de\u62a5\u3002<\/p>\n<p>\u56fe 5\uff1a\u5c06\u6bd4\u7279\u5e01\u6dfb\u52a0\u5230\u4f20\u7edf\u6295\u8d44\u7ec4\u5408\u4e2d\u53ef\u80fd\u4f1a\u63d0\u9ad8\u98ce\u9669\u8c03\u6574\u540e\u7684\u6536\u76ca<\/p>\n<p><img decoding=\"async\" src=\"https:\/\/s2.flink2.com\/news\/other\/20250115\/78dc76aaebd1b4873394f7d56273b7d2.jpg\" title=\"7343082\" alt=\"4VugCPyU53YIXo5nfpOVszm190EeKAzaF0obIrnp.jpeg\" \/><\/p>\n<p>\u7531\u4e8e\u52a0\u5bc6\u8d27\u5e01\u662f\u4e00\u79cd\u6ce2\u52a8\u6027\u8d44\u4ea7\u7c7b\u522b\uff0c\u56e0\u6b64\u53ea\u9700\u5c11\u91cf\u6295\u8d44\u5373\u53ef\u4ea7\u751f\u5de8\u5927\u5f71\u54cd\uff1a\u5373\u4f7f\u5bf9\u6bd4\u7279\u5e01\u548c\u5176\u4ed6\u6570\u5b57\u8d44\u4ea7\u8fdb\u884c\u9002\u5ea6\u914d\u7f6e\uff0c\u4e5f\u53ef\u4ee5\u663e\u8457\u63d0\u9ad8\u603b\u56de\u62a5\u548c\u98ce\u9669\u8c03\u6574\u540e\u56de\u62a5\u3002\u4f8b\u5982\uff0c\u56fe\u8868 6 \u663e\u793a\u4e86\u5c06\u6bd4\u7279\u5e01\u4ee5 1%\u30013% \u548c 5% \u7684\u589e\u91cf\u6dfb\u52a0\u5230\u4f20\u7edf 60\/40 \u6295\u8d44\u7ec4\u5408\u4e2d\u7684\u5047\u8bbe\u4e8b\u540e\u5f71\u54cd\u3002\u8fd9\u4e9b\u7ed3\u679c\u5b8c\u5168\u662f\u5047\u8bbe\u7684\uff0c\u5e76\u4e0d\u53cd\u6620\u6295\u8d44\u8005\u53d6\u5f97\u7684\u5b9e\u9645\u7ed3\u679c\u3002\u5f53\u4ee5\u8fd9\u4e9b\u91d1\u989d\u5c06\u6bd4\u7279\u5e01\u6dfb\u52a0\u5230 60\/40 \u6295\u8d44\u7ec4\u5408\u4e2d\u65f6\uff0c\u5e74\u5316\u56de\u62a5\u7387\u5728\u6b64\u671f\u95f4\u589e\u52a0 0.6-3.3 \u4e2a\u767e\u5206\u70b9 (pp)\uff0c\u6295\u8d44\u7ec4\u5408\u590f\u666e\u6bd4\u7387\u589e\u52a0 0.05-0.22pp\u3002\u867d\u7136\u603b\u56de\u62a5\u548c\u98ce\u9669\u8c03\u6574\u540e\u56de\u62a5\u90fd\u5728\u589e\u52a0\uff0c\u4f46\u5fc5\u987b\u5f3a\u8c03\u7684\u662f\uff0c\u6295\u8d44\u7ec4\u5408\u98ce\u9669\uff08\u5305\u62ec\u6700\u5927\u56de\u64a4\uff09\u4e5f\u4f1a\u589e\u52a0\u3002<\/p>\n<p>\u56fe 6\uff1a1%-5% \u6bd4\u7279\u5e01\u914d\u7f6e\u5bf9 60\/40 \u6295\u8d44\u7ec4\u5408\u7684\u5047\u8bbe\u5f71\u54cd<\/p>\n<p><img decoding=\"async\" src=\"https:\/\/s2.flink2.com\/news\/other\/20250115\/e3a8fbeee25ca88d1c0a1ee1b8a5ea27.jpg\" title=\"7343087\" alt=\"Wt4UzYAHXWXzxYJAJGPN7FIMZJaJGdP5rOxvUL9x.jpeg\" \/><\/p>\n<p><img decoding=\"async\" src=\"https:\/\/s2.flink2.com\/news\/other\/20250115\/a19144c472d4036cb00c430fa321e69e.jpg\" title=\"7343088\" alt=\"fX7vmw35zktMYjlTjXutR9130DQXA9jqRnHfQSbB.jpeg\" \/><\/p>\n<p>\u5f53\u7136\uff0c\u8fd9\u53ea\u662f\u5728\u7279\u5b9a\u5047\u8bbe\u4e0b\u8fdb\u884c\u7684\u4e00\u79cd\u6a21\u62df\uff0c\u5e76\u4e0d\u80fd\u4fdd\u8bc1\u672a\u6765\u7684\u56de\u62a5\u4f1a\u4e0e\u8fc7\u53bb\u7684\u56de\u62a5\u76f8\u7b26\u3002\u6295\u8d44\u8005\u5728\u5206\u914d\u8d44\u672c\u4e4b\u524d\uff0c\u5e94\u8003\u8651\u52a0\u5bc6\u8d44\u4ea7\u56de\u62a5\u7684\u4e00\u7cfb\u5217\u53ef\u80fd\u7ed3\u679c\u3002\u5c3d\u7ba1\u6839\u636e\u5386\u53f2\u7ed3\u679c\uff0c\u7ea6 5% \u7684\u5206\u914d\u53ef\u80fd\u4f1a\u6700\u5927\u5316\u98ce\u9669\u8c03\u6574\u540e\u7684\u56de\u62a5\uff0c\u4f46\u5982\u679c\u6bd4\u7279\u5e01\u7684\u56de\u62a5\u5728\u672a\u6765\u4e0b\u964d\u6216\u5176\u4e0e\u5176\u4ed6\u8d44\u4ea7\u7c7b\u522b\u7684\u76f8\u5173\u6027\u589e\u52a0\uff0c\u5219\u8f83\u4f4e\u7684\u91d1\u989d\u53ef\u80fd\u662f\u5408\u9002\u7684\u3002<span><\/span><\/p>\n<h2>\u5e38\u89c1\u95ee\u9898<\/h2>\n<p>\u5c3d\u7ba1\u4f20\u7edf\u7684\u6295\u8d44\u7ec4\u5408\u4f18\u5316\u6280\u672f\u53ef\u80fd\u662f\u4e00\u4e2a\u6709\u7528\u7684\u8d77\u70b9\uff0c\u4f46\u6295\u8d44\u8005\u5728\u914d\u7f6e\u52a0\u5bc6\u8d44\u4ea7\u7c7b\u522b\u65f6\u901a\u5e38\u9700\u8981\u89e3\u51b3\u5404\u79cd\u5b9e\u9645\u5b9e\u65bd\u95ee\u9898\u3002\u4ee5\u4e0b\u662f\u6211\u4eec\u4ece\u6295\u8d44\u8005\u90a3\u91cc\u6536\u5230\u7684\u5173\u4e8e\u5c06\u52a0\u5bc6\u8d27\u5e01\u7eb3\u5165\u591a\u5143\u5316\u6295\u8d44\u7ec4\u5408\u7684\u4e00\u4e9b\u6700\u5e38\u89c1\u95ee\u9898\uff1a<\/p>\n<p><strong>1.\u5f53\u8003\u8651\u6bd4\u7279\u5e01\u4ee5\u5916\u7684\u52a0\u5bc6\u8d44\u4ea7\u65f6\uff0c\u6295\u8d44\u7ec4\u5408\u7ed3\u679c\u4f1a\u5982\u4f55\u53d8\u5316\uff1f<\/strong>\u5e02\u503c\u4f4e\u4e8e\u6bd4\u7279\u5e01\u7684\u52a0\u5bc6\u8d44\u4ea7\uff08\u4f20\u7edf\u4e0a\u79f0\u4e3a\u201c\u5c71\u5be8\u5e01\u201d\uff09\u901a\u5e38\u5177\u6709\u66f4\u9ad8\u7684\u4ef7\u683c\u6ce2\u52a8\u6027\uff0c\u5e94\u88ab\u89c6\u4e3a\u98ce\u9669\u66f4\u9ad8\u3002\u6b64\u5916\uff0c\u8d44\u4ea7\u8303\u56f4\u5728\u7528\u4f8b\u3001\u5e02\u503c\u548c\u4e0e\u4f20\u7edf\u8d44\u4ea7\u7684\u76f8\u5173\u6027\u65b9\u9762\u9ad8\u5ea6\u591a\u6837\u5316\u3002\u5728\u52a0\u5bc6\u5e02\u573a\u8868\u73b0\u7684\u5e7f\u6cdb\u6307\u6570\u53ef\u7528\u7684\u671f\u95f4[8]\uff0c\u5c71\u5be8\u5e01\u4f5c\u4e3a\u4e00\u4e2a\u7c7b\u522b\u7684\u603b\u56de\u62a5\u548c\u98ce\u9669\u8c03\u6574\u56de\u62a5\u7565\u4f4e\u4e8e\u6bd4\u7279\u5e01\uff0c\u5c3d\u7ba1\u672a\u6765\u53ef\u80fd\u4e0d\u4f1a\u5982\u6b64\u3002[9] \u81f3\u5c11\uff0c\u8003\u8651\u914d\u7f6e\u5c71\u5be8\u5e01\u7684\u6295\u8d44\u8005\u5e94\u91c7\u53d6\u591a\u5143\u5316\u7684\u65b9\u6cd5\uff0c\u53cd\u6620\u66f4\u9ad8\u7684\u7279\u6b8a\u98ce\u9669\uff0c\u5e76\u4e14\u53ef\u80fd\u9700\u8981\u8003\u8651\u8bc4\u4f30\u4ee3\u5e01\u7279\u5b9a\u57fa\u672c\u9762\u7684\u65b9\u6cd5\u3002\u8bdd\u867d\u5982\u6b64\uff0c\u4ece\u5386\u53f2\u6570\u636e\u7684\u8868\u9762\u4ef7\u503c\u6765\u770b\uff0c\u6211\u4eec\u7684\u8499\u7279\u5361\u7f57\u6a21\u62df\u8868\u660e\uff0c<strong><span>\u7ea6 5% \u7684\u914d\u7f6e\u4e5f\u5c06\u6700\u5927\u5316\u5305\u62ec\u6bd4\u7279\u5e01\u548c\u5c71\u5be8\u5e01\u5728\u5185\u7684\u5e02\u503c\u52a0\u6743\u52a0\u5bc6\u8d44\u4ea7\u7bee\u5b50\u7684\u9884\u671f\u98ce\u9669\u8c03\u6574\u56de\u62a5\u3002<\/span><\/strong><\/p>\n<p><strong>2.\u5728\u589e\u52a0\u52a0\u5bc6\u8d27\u5e01\u65f6\uff0c\u6211\u5e94\u8be5\u4ece\u73b0\u6709\u6295\u8d44\u7ec4\u5408\u4e2d\u7684\u54ea\u4e9b\u90e8\u5206\u51cf\u6301\uff1f<\/strong>\u5728\u591a\u5143\u5316\u6295\u8d44\u7ec4\u5408\u4e2d\uff0c\u52a0\u5bc6\u8d44\u4ea7\u7c7b\u522b\u53ef\u4ee5\u63d0\u4f9b\u56de\u62a5\u589e\u5f3a\u3001\u591a\u5143\u5316\u6216\u4e24\u8005\u517c\u800c\u6709\u4e4b\u3002\u56e0\u6b64\uff0c\u5b83\u53ef\u80fd\u4f1a\u53d6\u4ee3\u65e8\u5728\u63d0\u4f9b\u8fd9\u4e9b\u5c5e\u6027\u7684\u73b0\u6709\u914d\u7f6e\uff0c\u5305\u62ec\u9ec4\u91d1\u548c\u5176\u4ed6\u5927\u5b97\u5546\u54c1\u3001\u5c0f\u76d8\u80a1\u548c\u56fd\u9645\u80a1\u7968\u6216\u79d1\u6280\u80a1\u3002<strong><span>\u52a0\u5bc6\u8d27\u5e01\u8fd8\u53ef\u80fd\u53d6\u4ee3\u67d0\u4e9b\u79c1\u4eba\u6295\u8d44\uff08\u4f8b\u5982\u79c1\u52df\u80a1\u6743\u3001\u98ce\u9669\u6295\u8d44\u6216\u57fa\u7840\u8bbe\u65bd\uff09\uff0c\u5728\u8fd9\u4e9b\u6295\u8d44\u4e2d\uff0c\u5b83\u8fd8\u5c06\u63d0\u4f9b\u66f4\u591a\u7684\u6295\u8d44\u7ec4\u5408\u6d41\u52a8\u6027\u3002\u52a0\u5bc6\u8d44\u4ea7\u7c7b\u522b\u53ef\u80fd\u6bd4\u5176\u4ed6\u8d44\u4ea7\u7c7b\u522b\u63d0\u4f9b\u66f4\u9ad8\u7684\u98ce\u9669\u548c\u66f4\u9ad8\u7684\u6f5c\u5728\u56de\u62a5\uff0c\u53ef\u80fd\u6709\u52a9\u4e8e\u63d0\u9ad8\u6574\u4e2a\u6295\u8d44\u7ec4\u5408\u7684\u8d44\u672c\u6548\u7387\u3002<\/span><\/strong><\/p>\n<p><strong>3.\u8fc7\u53bb\u4e0b\u8dcc\u7684\u5e45\u5ea6\u548c\u9891\u7387\u662f\u591a\u5c11\uff1f<\/strong><strong><span>\u6bd4\u7279\u5e01\u5728\u5176\u5386\u53f2\u4e0a\u7ecf\u5386\u4e86\u56db\u6b21\u957f\u671f\u4e0b\u8dcc\uff08\u56fe\u8868 7\uff09\u3002\u4f7f\u7528\u6708\u5ea6\u6570\u636e\uff0c\u8fd9\u4e9b\u671f\u95f4\u7684\u5e73\u5747\u5cf0\u8c37\u4e0b\u8dcc\u5e45\u5ea6\u4e3a 77%\u3002<\/span><\/strong>\u5982\u4e0a\u6240\u8ff0\uff0c\u8d8b\u52bf\u8ddf\u8e2a\u7b56\u7565\u53ef\u80fd\u7528\u4e8e\u7ba1\u7406\u4e0b\u884c\u98ce\u9669\u3002\u8fd8\u6709\u66f4\u591a\u8f83\u5c0f\u4e0b\u8dcc\u7684\u4f8b\u5b50\u3002\u4f8b\u5982\uff0c\u5728\u52a0\u5bc6\u5e02\u573a\u5468\u671f\u7684\u6700\u65b0\u5347\u503c\u9636\u6bb5\uff08\u4ece 2018 \u5e74 12 \u6708\u5230 2021 \u5e74 11 \u6708\uff09\uff0c\u6bd4\u7279\u5e01\u7684\u4ef7\u683c\u4e0a\u6da8\u4e86\u7ea6 21 \u500d\u3002\u7136\u800c\uff0c\u5728\u6b64\u671f\u95f4\uff0c\u6bd4\u7279\u5e01\u7684\u4ef7\u683c\u4e0b\u8dcc\u4e86\u81f3\u5c11 10%\uff0c\u603b\u5171 11 \u6b21\u3002\u5728\u52a0\u5bc6\u5e02\u573a\u5468\u671f\u7684\u4e0a\u4e00\u4e2a\u5347\u503c\u9636\u6bb5\uff08\u4ece 2015 \u5e74 1 \u6708\u5230 2017 \u5e74 12 \u6708\uff09\uff0c\u6bd4\u7279\u5e01\u7684\u4ef7\u683c\u4e0b\u8dcc\u4e86\u81f3\u5c11 20%\uff0c\u603b\u5171 11 \u6b21\u3002[10]<\/p>\n<p>\u56fe 7\uff1a\u6bd4\u7279\u5e01\u5728\u5176 16 \u5e74\u7684\u5386\u53f2\u4e2d\u7ecf\u5386\u4e86\u56db\u6b21\u91cd\u5927\u4e0b\u8dcc<\/p>\n<p><img decoding=\"async\" src=\"https:\/\/s2.flink2.com\/news\/other\/20250115\/7faa191e3cadf09d03a800be611c0361.jpg\" title=\"7343091\" alt=\"9jx1Pl2dqSfdOQSgqOVZGg2sUwzhnJAMXnXOjc0J.jpeg\" \/><\/p>\n<p><strong>4.\u6211\u662f\u5426\u5e94\u8be5\u5c06\u6bd4\u7279\u5e01\u89c6\u4e3a\u4e00\u79cd\u9632\u5fa1\u6027\u8d44\u4ea7\uff1f<\/strong>Grayscale Research \u8ba4\u4e3a\uff0c<span><strong>\u6bd4\u7279\u5e01\u53ef\u4ee5\u88ab\u89c6\u4e3a\u4e00\u79cd\u4ef7\u503c\u50a8\u5b58\u624b\u6bb5\uff1a\u6211\u4eec\u9884\u8ba1\u5b83\u5c06\u957f\u671f\u4fdd\u6301\u5176\u5b9e\u9645\u4ef7\u503c\uff08\u5373\u8003\u8651\u5230\u901a\u8d27\u81a8\u80c0\uff09\uff0c\u56e0\u4e3a\u5b83\u7a00\u7f3a\u4e14\u4e0d\u4f9d\u8d56\u4e8e\u4efb\u4f55\u7279\u5b9a\u673a\u6784\u3002<\/strong><\/span>\u5982\u4eca\u7684\u6bd4\u7279\u5e01\u4e0d\u5e94\u88ab\u89c6\u4e3a\u4e00\u79cd\u9632\u5fa1\u6027\u8d44\u4ea7\uff0c\u5b83\u53ef\u4ee5\u5728\u7ecf\u6d4e\u8870\u9000\u6216\u5176\u4ed6\u98ce\u9669\u89c4\u907f\u52a0\u5267\u65f6\u671f\u6291\u5236\u6295\u8d44\u7ec4\u5408\u7684\u6ce2\u52a8\u3002\u6bd4\u7279\u5e01\u662f\u4e00\u79cd\u9ad8\u6ce2\u52a8\u6027\u8d44\u4ea7\uff0c\u4e0e\u80a1\u7968\u5e02\u573a\u5448\u6b63\u76f8\u5173\uff0c\u901a\u5e38\u4f1a\u5728\u98ce\u9669\u89c4\u907f\u52a0\u5267\u65f6\u4e0b\u8dcc\u3002\u6b64\u5916\uff0c\u81f3\u5c11<span><strong>\u76ee\u524d\uff0c\u5728\u5730\u7f18\u653f\u6cbb\u98ce\u9669\u589e\u52a0\u65f6\uff0c\u9ec4\u91d1\u548c\u77ed\u671f\u7f8e\u56fd\u56fd\u503a\u7684\u8868\u73b0\u5f80\u5f80\u4f18\u4e8e\u6bd4\u7279\u5e01\u3002<\/strong><\/span><\/p>\n<h2>\u52a0\u5bc6\u8d27\u5e01\u7684\u4f5c\u7528<\/h2>\n<p>\u9700\u8981\u5f3a\u8c03\u7684\u662f\uff0c\u6295\u8d44\u6570\u5b57\u8d44\u4ea7\u53ef\u80fd\u5e76\u4e0d\u9002\u5408\u6240\u6709\u4eba\u3002\u5728\u672c\u6b21\u5206\u6790\u4e2d\uff0c\u6211\u4eec\u8003\u8651\u4e86\u4e00\u4f4d\u6301\u6709\u7ecf\u5178 60\/40 \u6295\u8d44\u7ec4\u5408\u7684\u4ee3\u8868\u6027\u6295\u8d44\u8005\u3002\u7136\u800c\uff0c\u5728\u5b9e\u8df5\u4e2d\uff0c\u6709\u8bb8\u591a\u7c7b\u578b\u7684\u6295\u8d44\u7ec4\u5408\u53ef\u4ee5\u6ee1\u8db3\u4e0d\u540c\u7684\u8d22\u52a1\u9700\u6c42\u3002\u4f8b\u5982\uff0c\u4e00\u4e9b\u6295\u8d44\u8005\u6301\u6709\u4f4e\u6ce2\u52a8\u6027\u8d44\u4ea7\u7684\u6295\u8d44\u7ec4\u5408\uff0c\u56e0\u4e3a\u4ed6\u4eec\u7684\u8d44\u672c\u88ab\u6307\u5b9a\u7528\u4e8e\u5373\u5c06\u5230\u6765\u7684\u652f\u51fa\uff08\u4f8b\u5982\u8d2d\u623f\u6216\u5927\u5b66\u5b66\u8d39\uff09\u3002\u52a0\u5bc6\u8d27\u5e01\u662f\u4e00\u79cd\u9ad8\u6ce2\u52a8\u6027\u8d44\u4ea7\u7c7b\u522b\uff0c\u53ef\u80fd\u4f1a\u968f\u7740\u65f6\u95f4\u7684\u63a8\u79fb\u4ea7\u751f\u5f3a\u52b2\u7684\u56de\u62a5\uff0c\u4f46\u4e5f\u53ef\u80fd\u4f1a\u5728\u77ed\u671f\u5185\u5927\u5e45\u8d2c\u503c\u3002\u6b64\u5916\uff0c\u4e00\u4e9b\u6295\u8d44\u8005\u9752\u7750\u56fa\u5b9a\u6536\u76ca\u8bc1\u5238\u6216\u6d3e\u606f\u80a1\u7968\u7b49\u521b\u6536\u8d44\u4ea7\u3002\u867d\u7136\u4e00\u4e9b\u52a0\u5bc6\u8d44\u4ea7\u4f1a\u4ea7\u751f\u6536\u5165\uff0c\u4f46\u5728\u5927\u591a\u6570\u60c5\u51b5\u4e0b\uff0c\u4e0e\u8d44\u4ea7\u7684\u6ce2\u52a8\u6027\u76f8\u6bd4\uff0c\u6536\u76ca\u4f1a\u5f88\u4f4e\u2014\u2014\u52a0\u5bc6\u8d27\u5e01\u662f\u4e00\u79cd\u4e3b\u8981\u7528\u4e8e\u8d44\u672c\u589e\u503c\u7684\u8d44\u4ea7\u7c7b\u522b\u3002<\/p>\n<p>\u867d\u7136\u4e5f\u6709\u4e00\u4e9b\u4f8b\u5916\uff0c\u4f46 Grayscale Research \u7684\u5206\u6790\u8868\u660e\uff0c<span><strong>\u4f20\u7edf\u7684\u5e73\u8861\u6295\u8d44\u7ec4\u5408\u53ef\u4ee5\u901a\u8fc7\u9002\u5ea6\u5206\u914d\u52a0\u5bc6\u8d27\u5e01\uff08\u53ef\u80fd\u5360\u603b\u91d1\u878d\u8d44\u4ea7\u7684\u7ea6 5%\uff09\u83b7\u5f97\u66f4\u9ad8\u7684\u98ce\u9669\u8c03\u6574\u540e\u56de\u62a5\u3002<\/strong><\/span>\u7531\u4e8e\u52a0\u5bc6\u8d27\u5e01\u662f\u4e00\u79cd\u9ad8\u98ce\u9669\/\u9ad8\u56de\u62a5\u6f5c\u529b\u8d44\u4ea7\u7c7b\u522b\uff0c\u4e0e\u80a1\u7968\u7684\u76f8\u5173\u6027\u8f83\u4f4e\uff0c\u56e0\u6b64\u52a0\u5bc6\u8d27\u5e01\u8d44\u4ea7\u53ef\u80fd\u6709\u52a9\u4e8e\u6295\u8d44\u8005\u514b\u670d\u4ed6\u4eec\u76ee\u524d\u9762\u4e34\u7684\u4e00\u4e9b\u6295\u8d44\u7ec4\u5408\u6784\u5efa\u6311\u6218\u3002\u914d\u7f6e\u52a0\u5bc6\u8d27\u5e01\u4e0d\u4f1a\u6539\u53d8\u6295\u8d44\u7ec4\u5408\u6784\u5efa\u7684\u5176\u4ed6\u4f20\u7edf\u601d\u7ef4\uff0c\u5305\u62ec\u5728\u4e34\u8fd1\u9000\u4f11\u65f6\u964d\u4f4e\u6295\u8d44\u7ec4\u5408\u6ce2\u52a8\u6027\u3001\u5c3d\u53ef\u80fd\u4f7f\u7528\u7a0e\u6536\u4f18\u60e0\u8d26\u6237\u4ee5\u53ca\u907f\u514d\u8bd5\u56fe\u628a\u63e1\u5e02\u573a\u65f6\u673a\u3002<\/p>\n<h3>\u6ce8\u91ca<br \/><\/h3>\n<p>[1] \u5728\u5176\u65e9\u671f\u5386\u53f2\u4e2d\uff0c\u6bd4\u7279\u5e01\u4e5f\u8868\u73b0\u51fa\u6b63\u504f\u659c\u3002\u6211\u4eec\u5728\u672c\u62a5\u544a\u4e2d\u4e0d\u8003\u8651\u6b63\u504f\u659c\u7684\u5f71\u54cd\uff0c\u4f46\u5728\u4e4b\u524d\u7684\u4e00\u4efd\u5173\u4e8e\u6295\u8d44\u7ec4\u5408\u4e2d\u7684\u52a0\u5bc6\u8d27\u5e01\u7684\u62a5\u544a\u4e2d\u786e\u5b9e\u8ba8\u8bba\u8fc7\u5b83\u3002<\/p>\n<p>[2] \u5728\u672c\u62a5\u544a\u4e2d\uff0c\u6211\u4eec\u4f7f\u7528\u4e24\u4e2a\u5e02\u503c\u52a0\u6743\u52a0\u5bc6\u8d27\u5e01\u4ef7\u683c\u6307\u6570\u7684\u7efc\u5408\u6307\u6570\uff0c\u5f00\u59cb\u65e5\u671f\u7684\u9009\u62e9\u57fa\u4e8e\u6570\u636e\u53ef\u7528\u6027\u3002 FTSE\/Grayscale \u52a0\u5bc6\u8d27\u5e01\u884c\u4e1a\u6307\u6570\u7cfb\u5217\u4e8e 2019 \u5e74 4 \u6708\u5f00\u59cb\u3002\u5728\u6b64\u4e4b\u524d\uff0c\u552f\u4e00\u5176\u4ed6\u53ef\u7528\u7684\u52a0\u5bc6\u8d27\u5e01\u4ef7\u683c\u56de\u62a5\u7684\u5e7f\u6cdb\u5e02\u503c\u52a0\u6743\u6307\u6570\u662f\u6807\u51c6\u666e\u5c14\u52a0\u5bc6\u8d27\u5e01\u5e7f\u6cdb\u6570\u5b57\u5e02\u573a\u6307\u6570\uff0c\u8be5\u6307\u6570\u4e8e 2017 \u5e74 2 \u6708\u5f00\u59cb\u3002\u5728\u672c\u62a5\u544a\u4e2d\uff0c\u6211\u4eec\u5bf9\u52a0\u5bc6\u8d44\u4ea7\u7c7b\u522b\u56de\u62a5\u7684\u8861\u91cf\u57fa\u4e8e\u622a\u81f3 2019 \u5e74 3 \u6708\u7684\u6807\u51c6\u666e\u5c14\u5e7f\u6cdb\u6570\u5b57\u5e02\u573a\u6307\u6570\u548c\u6b64\u540e\u7684 FTSE\/Grayscale \u52a0\u5bc6\u8d27\u5e01\u884c\u4e1a\u6307\u6570\u7cfb\u5217\u3002<\/p>\n<p>[3] \u6765\u6e90\uff1a\u5f6d\u535a\u793e\u3001Grayscale Investments\u3002\u6570\u636e\u622a\u81f3 2024 \u5e74 12 \u6708 31 \u65e5\u3002<\/p>\n<p>[4] \u98ce\u9669\u5e73\u4ef7\u7b56\u7565\u901a\u5e38\u5c06\u6760\u6746\u5e94\u7528\u4e8e\u56fd\u503a\u7b49\u4f4e\u6ce2\u52a8\u6027\u8d44\u4ea7\u7c7b\u522b\uff0c\u7406\u8bba\u4e0a\u53ef\u4ee5\u63d0\u9ad8\u98ce\u9669\u8c03\u6574\u540e\u7684\u56de\u62a5\u3002<\/p>\n<p>[5] \u8fd9\u4e9b\u662f\u73b0\u4ee3\u6295\u8d44\u7ec4\u5408\u7406\u8bba\u7684\u57fa\u672c\u6982\u5ff5\uff0c\u8fd9\u662f\u4e00\u79cd\u5e38\u89c1\u7684\u6295\u8d44\u7ec4\u5408\u6784\u5efa\u65b9\u6cd5\u3002<\/p>\n<p>[6] \u8fd9\u662f\u4e00\u79cd\u7b80\u5316\uff0c\u56e0\u4e3a\u8bb8\u591a\u73b0\u4ee3\u6295\u8d44\u7ec4\u5408\u53ef\u80fd\u4f1a\u5305\u542b\u4e00\u4e9b\u53e6\u7c7b\u8d44\u4ea7\u7c7b\u522b\u3002<\/p>\n<p>[7] \u5728\u8ba1\u7b97\u590f\u666e\u6bd4\u7387\u65f6\uff0c\u5047\u8bbe\u73b0\u91d1\u6536\u76ca\u7387\u4e3a\u96f6\u3002<\/p>\n<p>[8] \u5982\u811a\u6ce8 #2 \u6240\u8ff0\uff0c\u8fd9\u662f 2017 \u5e74 2 \u6708\u81f3\u4eca\u7684\u6570\u636e\u3002<\/p>\n<p>[9] \u6765\u6e90\uff1a\u5f6d\u535a\u793e\u3001Grayscale Investments\u3002\u57fa\u4e8e FTSE\/Grayscale Crypto Sectors \u7cfb\u5217\u6307\u6570\u548c\u6807\u51c6\u666e\u5c14\u52a0\u5bc6\u8d27\u5e01\u5e7f\u6cdb\u6570\u5b57\u5e02\u573a\u6307\u6570\u3002<\/p>\n<p>[10] \u6765\u6e90\uff1aCoin Metrics\u3001Grayscale Investments\u3002\u6570\u636e\u622a\u81f3 2024 \u5e74 12 \u6708 31 \u65e5\u3002<\/p>\n<\/div>\n<div id=\"project-details\" data-v-9516d980>\n<div class=\"project-details\" data-v-9516d980>\n<div class=\"project-details-l\" data-v-9516d980><img alt class=\"project-details-l-img\" data-v-9516d980><\/div>\n<div class=\"project-details-connent\" data-v-9516d980>\n<div class=\"project-data\" data-v-9516d980>\n<h3 class=\"project-data-name\" data-v-9516d980><\/h3>\n<p class=\"project-data-description\" data-v-9516d980>\n<\/div>\n<div class=\"to-view-more\" data-v-9516d980>\u67e5\u770b\u66f4\u591a<\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<p> <!--&gt;--><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Grayscale\uff1a\u5982\u4f55\u5728\u591a\u5143\u5316\u6295\u8d44\u7ec4\u5408\u4e2d\u6dfb\u52a0\u52a0\u5bc6\u6295\u8d44\uff1f \u6765\u6e90\uff1aGrayscale\uff1b\u7f16\u8bd1\uff1a\u9093\u901a\uff0c\u91d1\u8272\u8d22\u7ecf \u6458\u8981 [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4],"tags":[],"class_list":["post-1899","post","type-post","status-publish","format-standard","hentry","category-news"],"_links":{"self":[{"href":"https:\/\/www.wxjqcz.com\/index.php?rest_route=\/wp\/v2\/posts\/1899","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.wxjqcz.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.wxjqcz.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.wxjqcz.com\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.wxjqcz.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=1899"}],"version-history":[{"count":1,"href":"https:\/\/www.wxjqcz.com\/index.php?rest_route=\/wp\/v2\/posts\/1899\/revisions"}],"predecessor-version":[{"id":3599,"href":"https:\/\/www.wxjqcz.com\/index.php?rest_route=\/wp\/v2\/posts\/1899\/revisions\/3599"}],"wp:attachment":[{"href":"https:\/\/www.wxjqcz.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=1899"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.wxjqcz.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=1899"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.wxjqcz.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=1899"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}