如何制作链上研究报告？｜链上研究者

如何制作链上研究报告？How to write an on-chain report?

⏱ 8 分钟8 min

学习目标：学完你能把零散的链上核实，整理成一份有结构、有证据、事实与推测分明的研究报告。Learning goal: after this lesson you'll be able to organize scattered on-chain checks into a research report that is structured, evidence-backed, and keeps fact and speculation clearly apart.

大白话In plain words链上研究报告就是把你查到的东西写清楚——每个结论后面都挂着交易哈希/地址作证据，而且明确区分「这是事实」和「这是我的推测」。An on-chain report is simply writing down what you found clearly — every conclusion carries a transaction hash / address as evidence, and it clearly separates "this is a fact" from "this is my speculation".

一份靠谱的链上研究报告，讲究三点：有结构、有证据、事实与推测分明。它的价值不在文笔，而在「每句话都能被别人独立核实」。A solid on-chain research report cares about three things: structure, evidence, and keeping fact and speculation clearly apart. Its value isn't in the writing style, but in "every sentence can be independently verified by others".

推荐结构：Recommended structure:

结论摘要：先说你查到的核心发现。Summary of findings: state your core discoveries up front.
基本信息：链、合约地址、代币精度、部署者、管理员。Basic info: chain, contract address, token decimals, deployer, admin.
逐项核实：合约权限、国库、流动性、审计等，每项附交易哈希/地址。Item-by-item verification: contract permissions, treasury, liquidity, audit, etc. — each with a transaction hash / address.
风险分级：低/中/高/严重，并说明依据。Risk rating: low / medium / high / severe, with the basis explained.
仍无法确认：老老实实列出查不到的部分。Still unconfirmed: honestly list the parts you couldn't verify.

三条铁律：Three iron rules:

没有链上证据的话不写，或明确标为推测。Don't write anything without on-chain evidence, or clearly label it as speculation.
事实和推测分开：「A 向 B 转了 100 万 DAI」是事实；「所以 A 控制 B」是推测。Separate fact from speculation: "A sent 1 million DAI to B" is a fact; "therefore A controls B" is speculation.
不下投资结论：研究报告呈现事实与风险，不替读者决定买卖。Don't draw investment conclusions: a research report presents facts and risks, it doesn't decide buying or selling for the reader.

本站的链上证据库就是这种思路的示范：每个事件都带真实交易哈希、区块、地址和证据等级，「没有链上证据不进档案」。你可以照着它的格式来写自己的报告。This site's Evidence DB is a demonstration of this approach: every event carries a real transaction hash, block, address, and evidence level — "no on-chain evidence, no entry in the archive". You can follow its format to write your own report.

案例Example与其写「这个项目跑路风险很大」，不如写「国库管理合约可升级（tx: 0x…），升级权限在单个地址 0x…（非多签），且该地址近 30 天有 3 笔大额转出（tx: 0x…、0x…）」——前者是情绪，后者是可核实的事实，读者能自己复查。Instead of writing "this project has a high rug-pull risk", write "the treasury management contract is upgradeable (tx: 0x…), the upgrade permission sits with a single address 0x… (not multisig), and that address has made 3 large outbound transfers in the last 30 days (tx: 0x…, 0x…)" — the former is emotion, the latter is a verifiable fact the reader can recheck themselves.

配套工具（点开在主站打开）：Related tools (open on the main site):

📝 本节测验📝 Quiz

❓ 常见问题❓ FAQ

一份好的链上研究报告长什么样？What does a good on-chain research report look like?

有结构（结论/基本信息/逐项核实/风险分级/无法确认）、有证据（每项附交易哈希与地址）、事实与推测分明。价值在于每句话都能被别人独立复查。It has structure (summary / basic info / item-by-item verification / risk rating / unconfirmed), evidence (each item with a transaction hash and address), and clear separation of fact and speculation. Its value is that every sentence can be independently rechecked by others.

写链上报告最重要的纪律是什么？What's the most important discipline when writing an on-chain report?

没有链上证据的话不写或标为推测；事实与推测严格分开；不下投资结论，只呈现可核实的事实与风险。本站「链上证据库」就是这种格式的示范。Don't write anything without on-chain evidence, or mark it as speculation; strictly separate fact from speculation; draw no investment conclusions, only present verifiable facts and risks. This site's Evidence DB is a demonstration of this format.