Written by AIMan, Golden Finance The US government has taken another on-chain action. On August 28, 2025, the U.S. Department of Commerce announced that it would publish real gross domestic product (GDP) data on nine blockchains starting in July 2025. At the same time, Chainlink also announced a partnership with the U.S. Department of Commerce to upload six key U.S. economic data to 10 blockchains. What's going on? Why are there different numbers of blockchains? How are they all uploaded? This article briefly explains. Hash: US Department of Commerce puts GDP document hash values on blockchain On August 28, 2025, the U.S. Bureau of Economic Analysis announced that the annual growth rate of real GDP in the second quarter of 2025 would be revised to 3.3%. In addition to real GDP data, the U.S. Bureau of Economic Analysis also releases nominal GDP, real final sales by private domestic buyers, real gross domestic income (GDI), the average of real GDP and real GDI, the domestic purchases price index, the personal consumption expenditures (PCE) price index, and the core PCE price index. The document is published in PDF format: https://www.bea.gov/sites/default/files/2025-08/gdp2q25-2nd.pdf The U.S. Department of Commerce subsequently announced that it had published the official hash of the PDF file of GDP data for the second quarter of 2025 (including the total GDP in some cases) to the following nine blockchains: Bitcoin, Ethereum, Solana, TRON, Stellar, Avalanche, Arbitrum One, Polygon PoS and Optimism. In other words, the U.S. Department of Commerce downloaded the above PDF file and performed a SHA256 hash operation on it, and the hash result was: c70972a12908b73c2407d9cc6842ba2a02203a690f3090cd29f30c45f0cfd93d This hash value is then published to nine blockchains, either as a memo or as data embedded in a smart contract, along with the total data (depending on the blockchain). The transaction hash or smart contract address for each blockchain is as follows: Bitcoin transaction hash: fcf172401ca9d89013f13f5bbf0fc7577cb8a3588bf5cbc3b458ff36635fec00 Ethereum smart contract address: 0x36ccdF11044f60F196e981970d592a7DE567ed7b Solana Transaction Hash: 43dJVBK4hiXy1rpC5BifT8LU2NDNHKmdWyqyYDaTfyEeX8y3LMtUtajW3Q22rCSbmneny56CBtkictQRQJXV1ybp TRON transaction hash: 3f05633fb894aa6d6610c980975cca732a051edbbf5d8667799782cf2ae04040 Stellar transaction hash: 89e4d300d237db6b67c 510f71c8cd2f690868806a6b40a40a5a9755f4954144a Avalanche smart contract address: 0x36ccdF11044f60F196e981970d592a7DE567ed7b Arbitrum One smart contract address: 0x36ccdF11044f60F196e981970d592a7DE567ed7b Polygon PoS smart contract address: 0x36ccdF11044f60F196e981970d592a7DE567ed7b Optimism smart contract address: 0x36ccdF11044f60F196e981970d592a7DE567ed7b Let’s open the Ethereum smart contract address and take a look: As shown above, the hash value of the U.S. Bureau of Economic Analysis GDP PDF file is indeed written into the Ethereum smart contract. So what about Chainlink? Feed: Chainlink brings 6 data feeds to the chain Unlike the U.S. Department of Commerce, which simply uploads the hash value of PDF files to the chain, Chainlink feeds six key U.S. economic data as data sources (Data Feed) to 10 blockchains. These six data are: real GDP, annualized growth rate of real GDP, PCE price index, annualized growth rate of PCE price index, actual final sales to private domestic buyers, and annualized growth rate of actual final sales to private domestic buyers. Chainlink initially supports 10 blockchains: Arbitrum, Avalanche, Base, Botanix, Ethereum, Linea, Mantle, Optimism, Sonic, and ZKsync. Chainlink also stated that it will update the system monthly or quarterly, depending on the situation, and will gradually support more blockchain networks based on user demand. Taking Ethereum as an example, its feed address is as follows: This means that as long as you integrate Chainlink and choose to read the US Government Macroeconomic Data Feeds, Chainlink will push these six economic indicator data of the US real economy to you on the chain. Conclusion Unlike the U.S. Department of Commerce, which merely uploads document hashes, Chainlink may be more significant. Because oracles feed government macroeconomic data, they can unlock innovative use cases for the crypto market, such as serving as a data source for predicting market results, issuing crypto assets related to official data, inflation-linked crypto products, and so on. This time, the U.S. Department of Commerce and Chainlink put some U.S. official data on the chain, which is of course a manifestation of the government's further acceptance of blockchain. However, it's also important to note that many in the crypto industry already know that blockchain only guarantees that data on the chain cannot be tampered with, but the reliability of the uploaded data itself is questionable. Furthermore, some US government data has been subject to market skepticism, including from Trump himself. Just as, the GDP data released by the U.S. Bureau of Economic Analysis this time is its second estimate. The U.S. Bureau of Economic Analysis releases multiple revisions to its quarterly GDP figures to provide a more accurate picture of the economy. The Advance Estimate is the first release, typically about a month after the end of the period. The Second Estimate, released about a month after the first, is revised based on more data and offers a more accurate picture of the economy. The Third Estimate (Final Estimate) is the final estimate, based on more comprehensive data.Written by AIMan, Golden Finance The US government has taken another on-chain action. On August 28, 2025, the U.S. Department of Commerce announced that it would publish real gross domestic product (GDP) data on nine blockchains starting in July 2025. At the same time, Chainlink also announced a partnership with the U.S. Department of Commerce to upload six key U.S. economic data to 10 blockchains. What's going on? Why are there different numbers of blockchains? How are they all uploaded? This article briefly explains. Hash: US Department of Commerce puts GDP document hash values on blockchain On August 28, 2025, the U.S. Bureau of Economic Analysis announced that the annual growth rate of real GDP in the second quarter of 2025 would be revised to 3.3%. In addition to real GDP data, the U.S. Bureau of Economic Analysis also releases nominal GDP, real final sales by private domestic buyers, real gross domestic income (GDI), the average of real GDP and real GDI, the domestic purchases price index, the personal consumption expenditures (PCE) price index, and the core PCE price index. The document is published in PDF format: https://www.bea.gov/sites/default/files/2025-08/gdp2q25-2nd.pdf The U.S. Department of Commerce subsequently announced that it had published the official hash of the PDF file of GDP data for the second quarter of 2025 (including the total GDP in some cases) to the following nine blockchains: Bitcoin, Ethereum, Solana, TRON, Stellar, Avalanche, Arbitrum One, Polygon PoS and Optimism. In other words, the U.S. Department of Commerce downloaded the above PDF file and performed a SHA256 hash operation on it, and the hash result was: c70972a12908b73c2407d9cc6842ba2a02203a690f3090cd29f30c45f0cfd93d This hash value is then published to nine blockchains, either as a memo or as data embedded in a smart contract, along with the total data (depending on the blockchain). The transaction hash or smart contract address for each blockchain is as follows: Bitcoin transaction hash: fcf172401ca9d89013f13f5bbf0fc7577cb8a3588bf5cbc3b458ff36635fec00 Ethereum smart contract address: 0x36ccdF11044f60F196e981970d592a7DE567ed7b Solana Transaction Hash: 43dJVBK4hiXy1rpC5BifT8LU2NDNHKmdWyqyYDaTfyEeX8y3LMtUtajW3Q22rCSbmneny56CBtkictQRQJXV1ybp TRON transaction hash: 3f05633fb894aa6d6610c980975cca732a051edbbf5d8667799782cf2ae04040 Stellar transaction hash: 89e4d300d237db6b67c 510f71c8cd2f690868806a6b40a40a5a9755f4954144a Avalanche smart contract address: 0x36ccdF11044f60F196e981970d592a7DE567ed7b Arbitrum One smart contract address: 0x36ccdF11044f60F196e981970d592a7DE567ed7b Polygon PoS smart contract address: 0x36ccdF11044f60F196e981970d592a7DE567ed7b Optimism smart contract address: 0x36ccdF11044f60F196e981970d592a7DE567ed7b Let’s open the Ethereum smart contract address and take a look: As shown above, the hash value of the U.S. Bureau of Economic Analysis GDP PDF file is indeed written into the Ethereum smart contract. So what about Chainlink? Feed: Chainlink brings 6 data feeds to the chain Unlike the U.S. Department of Commerce, which simply uploads the hash value of PDF files to the chain, Chainlink feeds six key U.S. economic data as data sources (Data Feed) to 10 blockchains. These six data are: real GDP, annualized growth rate of real GDP, PCE price index, annualized growth rate of PCE price index, actual final sales to private domestic buyers, and annualized growth rate of actual final sales to private domestic buyers. Chainlink initially supports 10 blockchains: Arbitrum, Avalanche, Base, Botanix, Ethereum, Linea, Mantle, Optimism, Sonic, and ZKsync. Chainlink also stated that it will update the system monthly or quarterly, depending on the situation, and will gradually support more blockchain networks based on user demand. Taking Ethereum as an example, its feed address is as follows: This means that as long as you integrate Chainlink and choose to read the US Government Macroeconomic Data Feeds, Chainlink will push these six economic indicator data of the US real economy to you on the chain. Conclusion Unlike the U.S. Department of Commerce, which merely uploads document hashes, Chainlink may be more significant. Because oracles feed government macroeconomic data, they can unlock innovative use cases for the crypto market, such as serving as a data source for predicting market results, issuing crypto assets related to official data, inflation-linked crypto products, and so on. This time, the U.S. Department of Commerce and Chainlink put some U.S. official data on the chain, which is of course a manifestation of the government's further acceptance of blockchain. However, it's also important to note that many in the crypto industry already know that blockchain only guarantees that data on the chain cannot be tampered with, but the reliability of the uploaded data itself is questionable. Furthermore, some US government data has been subject to market skepticism, including from Trump himself. Just as, the GDP data released by the U.S. Bureau of Economic Analysis this time is its second estimate. The U.S. Bureau of Economic Analysis releases multiple revisions to its quarterly GDP figures to provide a more accurate picture of the economy. The Advance Estimate is the first release, typically about a month after the end of the period. The Second Estimate, released about a month after the first, is revised based on more data and offers a more accurate picture of the economy. The Third Estimate (Final Estimate) is the final estimate, based on more comprehensive data.

How does the US government put GDP data on the blockchain?

2025/09/01 07:30
5 min read

Written by AIMan, Golden Finance

The US government has taken another on-chain action.

On August 28, 2025, the U.S. Department of Commerce announced that it would publish real gross domestic product (GDP) data on nine blockchains starting in July 2025.

At the same time, Chainlink also announced a partnership with the U.S. Department of Commerce to upload six key U.S. economic data to 10 blockchains.

What's going on? Why are there different numbers of blockchains? How are they all uploaded? This article briefly explains.

Hash: US Department of Commerce puts GDP document hash values on blockchain

On August 28, 2025, the U.S. Bureau of Economic Analysis announced that the annual growth rate of real GDP in the second quarter of 2025 would be revised to 3.3%.

In addition to real GDP data, the U.S. Bureau of Economic Analysis also releases nominal GDP, real final sales by private domestic buyers, real gross domestic income (GDI), the average of real GDP and real GDI, the domestic purchases price index, the personal consumption expenditures (PCE) price index, and the core PCE price index.

The document is published in PDF format: https://www.bea.gov/sites/default/files/2025-08/gdp2q25-2nd.pdf

The U.S. Department of Commerce subsequently announced that it had published the official hash of the PDF file of GDP data for the second quarter of 2025 (including the total GDP in some cases) to the following nine blockchains: Bitcoin, Ethereum, Solana, TRON, Stellar, Avalanche, Arbitrum One, Polygon PoS and Optimism.

In other words, the U.S. Department of Commerce downloaded the above PDF file and performed a SHA256 hash operation on it, and the hash result was:

c70972a12908b73c2407d9cc6842ba2a02203a690f3090cd29f30c45f0cfd93d

This hash value is then published to nine blockchains, either as a memo or as data embedded in a smart contract, along with the total data (depending on the blockchain).

The transaction hash or smart contract address for each blockchain is as follows:

Bitcoin transaction hash:

fcf172401ca9d89013f13f5bbf0fc7577cb8a3588bf5cbc3b458ff36635fec00

Ethereum smart contract address:

0x36ccdF11044f60F196e981970d592a7DE567ed7b

Solana Transaction Hash:

43dJVBK4hiXy1rpC5BifT8LU2NDNHKmdWyqyYDaTfyEeX8y3LMtUtajW3Q22rCSbmneny56CBtkictQRQJXV1ybp

TRON transaction hash:

3f05633fb894aa6d6610c980975cca732a051edbbf5d8667799782cf2ae04040

Stellar transaction hash:

89e4d300d237db6b67c 510f71c8cd2f690868806a6b40a40a5a9755f4954144a

Avalanche smart contract address: 0x36ccdF11044f60F196e981970d592a7DE567ed7b

Arbitrum One smart contract address: 0x36ccdF11044f60F196e981970d592a7DE567ed7b

Polygon PoS smart contract address: 0x36ccdF11044f60F196e981970d592a7DE567ed7b

Optimism smart contract address: 0x36ccdF11044f60F196e981970d592a7DE567ed7b

Let’s open the Ethereum smart contract address and take a look:

As shown above, the hash value of the U.S. Bureau of Economic Analysis GDP PDF file is indeed written into the Ethereum smart contract.

So what about Chainlink?

Unlike the U.S. Department of Commerce, which simply uploads the hash value of PDF files to the chain, Chainlink feeds six key U.S. economic data as data sources (Data Feed) to 10 blockchains.

These six data are: real GDP, annualized growth rate of real GDP, PCE price index, annualized growth rate of PCE price index, actual final sales to private domestic buyers, and annualized growth rate of actual final sales to private domestic buyers.

Chainlink initially supports 10 blockchains: Arbitrum, Avalanche, Base, Botanix, Ethereum, Linea, Mantle, Optimism, Sonic, and ZKsync. Chainlink also stated that it will update the system monthly or quarterly, depending on the situation, and will gradually support more blockchain networks based on user demand.

Taking Ethereum as an example, its feed address is as follows:

This means that as long as you integrate Chainlink and choose to read the US Government Macroeconomic Data Feeds, Chainlink will push these six economic indicator data of the US real economy to you on the chain.

Conclusion

Unlike the U.S. Department of Commerce, which merely uploads document hashes, Chainlink may be more significant.

Because oracles feed government macroeconomic data, they can unlock innovative use cases for the crypto market, such as serving as a data source for predicting market results, issuing crypto assets related to official data, inflation-linked crypto products, and so on.

This time, the U.S. Department of Commerce and Chainlink put some U.S. official data on the chain, which is of course a manifestation of the government's further acceptance of blockchain.

However, it's also important to note that many in the crypto industry already know that blockchain only guarantees that data on the chain cannot be tampered with, but the reliability of the uploaded data itself is questionable. Furthermore, some US government data has been subject to market skepticism, including from Trump himself.

Just as, the GDP data released by the U.S. Bureau of Economic Analysis this time is its second estimate.

The U.S. Bureau of Economic Analysis releases multiple revisions to its quarterly GDP figures to provide a more accurate picture of the economy. The Advance Estimate is the first release, typically about a month after the end of the period. The Second Estimate, released about a month after the first, is revised based on more data and offers a more accurate picture of the economy. The Third Estimate (Final Estimate) is the final estimate, based on more comprehensive data.

Market Opportunity
SIX Logo
SIX Price(SIX)
$0.01044
$0.01044$0.01044
-0.47%
USD
SIX (SIX) Live Price Chart
Disclaimer: The articles reposted on this site are sourced from public platforms and are provided for informational purposes only. They do not necessarily reflect the views of MEXC. All rights remain with the original authors. If you believe any content infringes on third-party rights, please contact [email protected] for removal. MEXC makes no guarantees regarding the accuracy, completeness, or timeliness of the content and is not responsible for any actions taken based on the information provided. The content does not constitute financial, legal, or other professional advice, nor should it be considered a recommendation or endorsement by MEXC.

You May Also Like

Trading time: Tonight, the US GDP and the upcoming non-farm data will become the market focus. Institutions are bullish on BTC to $120,000 in the second quarter.

Trading time: Tonight, the US GDP and the upcoming non-farm data will become the market focus. Institutions are bullish on BTC to $120,000 in the second quarter.

Daily market key data review and trend analysis, produced by PANews.
Share
PANews2025/04/30 13:50
Ethereum Fusaka Upgrade Set for December 3 Mainnet Launch, Blob Capacity to Double

Ethereum Fusaka Upgrade Set for December 3 Mainnet Launch, Blob Capacity to Double

Ethereum developers confirmed the Fusaka upgrade will activate on mainnet on December 3, 2025, following a systematic testnet rollout beginning on October 1 on Holesky. The major hard fork will implement around 11-12 Ethereum Improvement Proposals targeting scalability, node efficiency, and data availability improvements without adding new user-facing features. According to Christine Kim, the upgrade introduces a phased blob capacity expansion through Blob Parameter Only forks occurring two weeks after Fusaka activation. Initially maintaining current blob limits of 6/9 target/max, the first BPO fork will increase capacity to 10/15 blobs one week later. A second BPO fork will further expand limits to 14/21 blobs, more than doubling total capacity within two weeks. Strategic Infrastructure Overhaul Fusaka prioritizes backend protocol improvements over user-facing features, focusing on making Ethereum faster and less resource-intensive. The upgrade includes PeerDAS implementation through EIP-7594, allowing validator nodes to verify data by sampling small pieces rather than downloading entire blobs. This reduces bandwidth and storage requirements while enhancing Layer 2 rollup scalability. The upgrade builds on recent gas limit increases from 30 million to 45 million gas, with ongoing discussions for further expansion. EIP-7935 proposes increasing limits to 150 million gas, potentially enabling significantly higher transaction throughput. These improvements complement broader scalability efforts, including EIP-9698, which suggests a 100x gas limit increase over two years to reach 2,000 transactions per second. Fusaka removes the previously planned EVM Object Format redesign to reduce complexity while maintaining focus on essential infrastructure improvements. The upgrade introduces bounded base fees for blob transactions via EIP-7918, creating more predictable transaction costs for data-heavy applications. Enhanced spam resistance and security improvements strengthen network resilience against scalability bottlenecks and attacks. Technical Implementation and Testing Timeline The Fusaka rollout follows a conservative four-phase approach across Ethereum testnets before mainnet deployment. Holesky upgrade occurs October 1, followed by Sepolia on October 14 and Hoodi on October 28. Each testnet will undergo the complete BPO fork sequence to validate the blob capacity expansion mechanism. BPO forks activate automatically based on predetermined epochs rather than requiring separate hard fork processes. On mainnet, the first BPO fork launches December 17, increasing blob capacity to 10/15 target/max. The second BPO fork activates January 7, 2026, reaching the final capacity of 14/21 blobs. This automated approach enables flexible blob scaling without requiring full network upgrades. Notably, node operators face release deadlines ranging from September 25 for Holesky to November 3 for mainnet preparation. The staggered timeline, according to the developers, allows comprehensive testing while giving infrastructure providers sufficient preparation time. Speculatively, the developers use this backward-compatible approach to ensure smooth transitions with minimal disruption to existing applications. PeerDAS implementation reduces node resource demands, potentially increasing network decentralization by lowering barriers for smaller operators. The technology enables more efficient data availability sampling, crucial for supporting growing Layer 2 rollup adoption. Overall, these improvements, combined with increased gas limits, will enable Ethereum to handle higher transaction volumes while maintaining security guarantees. Addressing Network Scalability Pressures The Fusaka upgrade addresses mounting pressure for Ethereum base layer improvements amid criticism of Layer 2 fragmentation strategies. Critics argue that reliance on rollups has created isolated chains with limited interoperability, complicating user experiences. The upgrade’s focus on infrastructure improvements aims to enhance base layer capacity while supporting continued Layer 2 growth. The recent validator queue controversy particularly highlights ongoing network scalability challenges. According to a Cryptonews report covered yesterday, currently, over 2M ETH sits in exit queues facing 43-day delays, while entry queues process in just 7 days.Ethereum Validator Queue (Source: ValidatorQueue) However, Vitalik Buterin defended these delays as essential for network security, comparing validator commitments to military service requiring “friction in quitting.” The upgrade coincides with growing institutional interest in Ethereum infrastructure, with VanEck predicting that Layer 2 networks could reach $1 trillion market capitalization within six years. Fusaka’s emphasis on data availability and node efficiency supports Ethereum’s evolution toward seamless cross-chain interoperability. The upgrade complements initiatives like the Open Intents Framework, where Coinbase Payments recently joined as a core contributor. The initiative, if successful, will address the $21B surge in cross-chain crime. These coordinated efforts aim to unify the fragmented multichain experience while maintaining Ethereum’s security and decentralization principles
Share
CryptoNews2025/09/19 16:37
VectorUSA Achieves Fortinet’s Engage Preferred Services Partner Designation

VectorUSA Achieves Fortinet’s Engage Preferred Services Partner Designation

TORRANCE, Calif., Feb. 3, 2026 /PRNewswire/ — VectorUSA, a trusted technology solutions provider, specializes in delivering integrated IT, security, and infrastructure
Share
AI Journal2026/02/05 00:02