News

  • Blockchain in Shenzhen: More than 2,000 new companies are added a year, small and micro enterprises are the main force

    At 9 o’clock in the morning, the sun had just risen, and on the sidewalk in the east, west, north and south sides of the Dasha River in Shenzhen, there were hurried young faces flowing. Here is the Shenzhen Bay Technology ecological park, is one of the gathering block chain enterprises in Shenzhen City, here are the head of corporate block chain micro-public banks, but also hundreds of small and medium micro enterprises block chain. At 10 o’clock in the morning, Xiao Wang, dressed in casual clothes and fluffy hair, walked into…

    News 2021-11-26
  • The “Crown” and “Load-bearing” of Goose Factory Game

    Heavy is the head who wears the crown. 1. Crown and load-bearing These are the two key words of this year’s Goose Factory game summarized by the author.  This “crown” has been worn by the goose factory for many years, and there is no possibility of it being picked in the short term.  Still krypton gold: According to Tencent’s 2021 Q3 financial report, game revenue in the local market was 33.6 billion yuan, an increase of 5% year-on-year and quarter-on-quarter; game revenue in the international market was RMB 11.3 billion, a year-on-year increase of 20% (calculated at a constant exchange rate,…

    News 2021-11-26
  • The Ethereum EIP-4488 proposal will make Layer 2 gas fees 5 times cheaper

    Ethereum developers are considering more mid- to long-term solutions, and Ethereum rollups will become the standard for L2 scaling solutions. Ethereum co-founder Vitalik Buterin and ConsenSys R&D engineer Ansgar Dietrichs proposed a new Ethereum improvement proposal EIP-4488 on November 23. Looking at it now, they seem to make rollups 5 times cheaper than before. The title of the Ethereum rollups enhancement EIP-4488 is “Transaction calldata gas cost reduction with total calldata limit”, which is described in the official proposal as “Gas that greatly reduces transaction call data.” At the same…

    2021-11-26
  • Vitalik: A step-by-step roadmap for expanding Rollups

    For Ethereum , Rollups is the short to medium term, and may be the only trustless scalability solution in the long term . The transaction fees on Ethereum L1 have been high for several months, and now it is more urgent to take all necessary actions to help promote the transfer of the entire ecosystem to Rollups. Rollups has greatly reduced the cost of many Ethereum users: l2fees.info  website often shows that the cost of Optimism and Arbitrum networks is about 3-8 times lower than the Ethereum base layer itself , and zk-Rollups has better data compression. And it can avoid including signatures, so its cost is about 40-100 times lower than the Ethereum…

    2021-11-26
  • What is Web 3.0?

    Many people do not understand what Web 3.0 is. This article tries to explain my understanding of this problem in the most concise language. 1.  Internet paradigm iteration Web 1.0, the first generation of the Internet, is a static Internet, and its main application is network media. Various online media hire a large number of editors to publish content with pictures and texts into web pages. Readers visit websites and browse digital content, but they can only read but not write, and cannot participate in content creation. The entire Web 1.0 media is equivalent to the…

    News 2021-11-26
  • Dialogue with the White Hat Alliance: Where are the players in the chain game in full swing?

    contents Blockchain game data Dialogue with the leader of the Chinese branch “Master” Advantages of the White Hat Alliance Looking Forward to the White Hat Alliance About the White Hat Alliance Blockchain game data Judging from the global “GameFi” trend chart of Google Trends in the past year, the popularity of GameFi began in July this year, and the related heat reached its peak in just a few months. Google Trends Global? “GameFi” Trend Chart in the Past 1 Year DappRadar shows that in the past 24 hours, the top…

    2021-11-26
  • DAO: The most effective way to collaborate online on a global scale

    Compared with the common forms of organization and management, DAO has obvious characteristics of decentralization. However, centralization and decentralization are not all-or-nothing. Many DAO organizations rely more or less on centralization to start or maintain, and they have not achieved absolute decentralization. Therefore, it is more accurate to understand from the perspective of degrees of freedom, that is, to show an organization with a clear decentralized scale. Generally, DAO is regarded as a decentralized company. Of course, it is more business and practical to understand DAO from the company level, but we…

    2021-11-26
  • What is the status quo of the side chain and Layer 2 solution?

    Polygon POS Side chains like Ronin are for application-specific (Axie Infinity), while other side chains are suitable for more general applications. Currently, Polygon’s proof-of-stake (POS) sidechain is the leader of the track, and its value is close to US$5B. More than 100 DeFi and gaming applications have been deployed, including projects we are familiar with, such as Aave and Sushiswap, and A clone version of Uniswap called Quickswap. Similarly, Polygon POS and EVM-compatible Layer 1 does not seem to be any different. But it was built as an extension of Ethereum, not a competing…

    2021-11-26 News
  • Understand BSN in one article

    The blockchain service network (hereinafter referred to as “service network” or “BSN”) is a global infrastructure network that is used to deploy and run various blockchain applications across cloud services, across portals, and across underlying frameworks. The service network is committed to changing the current high cost of blockchain application development and deployment, and provides developers with a public blockchain resource environment based on the Internet concept, which greatly reduces the development, deployment, operation and maintenance, interoperability and supervision of blockchain applications Cost, so that the blockchain technology has been…

    News 2021-11-26
  • Reputation Our foundation in the Web3.0 world

    In “NTNFT: When the Wallet Can Record Your Life”, the Rhythm Research Institute introduced various use cases that the non-transferable non-fungible tokens (Non-Transferable Non-Fungible Token) that cannot be transferred have experienced off-chain and on-chain. Although the standard has not yet received widespread attention from the encryption community, its function of proving the unique attributes of personal identity in the Web3.0 world will surely be widely used in the future. People say that the Internet has memories. It is undeniable that centralized databases do give the Internet a brain that can be manipulated. Sometimes,…

    News 2021-11-26
  • Interview with QitChain CEO Shoaib Hayat: Distributed search will serve as a web3.0 infrastructure to support the ecological development of the meta universe

    With the rapid development of Internet technology, emerging technologies such as artificial intelligence, Internet of Things, cloud computing, and 5G have made people’s lives more and more convenient, and the speed of information circulation in society has continued to increase. Huge data resources have opened up the process of data revolution in various fields, the value of data has become more obvious, and the awareness of data security is gradually increasing. In the face of centralized storage solutions with frequent problems, distributed technology has been given high hopes from all walks of…

    News 2021-11-26
  • Central bank officials: Establish a virtual asset transaction traceability and scenario tracking system

    The concept of virtual assets has become broader, but its risks cannot always be ignored. On November 26, Gou Wenjun, director of the Anti-Money Laundering Monitoring and Analysis Center of the People’s Bank of China, stated at the first Lujiazui National Financial Security Summit and the 11th China Anti-Money Laundering Summit Forum in 2021 that virtual assets can satisfy some people’s privacy, currency trust, and wealth appreciation. At the same time as demand, its decentralization, anonymity, and borderless characteristics, coupled with the capital control and anti-money laundering compliance requirements faced…

    News 2021-11-26
  • The economic mechanism design of web3 game

    web2 games and web3 games The web2 game is a free-to-play model, which largely makes money from the items in the game. The web3 game is a play-and-earning model. Users gain income by participating in the game ecology, and the items are NFTs, which really belong to the participants, not the company. Of course, the current web3 games are not pure enough, leaving a lot of traces of web2 games. In the future, native web3 games will truly change the game industry. It is only a matter of time before the game field…

    News 2021-11-26
  • zkTube and WAFI Group reached a cooperation: to establish an equipment sales shop in the UAE to promote the globalization of zkTube

    zkTube is an Ethernet Square 2 expansion layer solution, using a zero-knowledge proof to solve the problem of network congestion, high gas costs and low transaction rate. The company is headquartered in Australia and is committed to providing the best user experience and various opportunities. The company is expanding its network to other countries. According to foreign media news, zkTube Dubai headquarters was established. zkTube and WAFI Group jointly established the world’s first retail store for mining machinery sales in the UAE. zkTube is also one of the sponsors of the DCentral Miami Conference 2021, the…

    News 2021-11-26
  • Digital RMB pilot shows “full bloom”

    The number of personal wallets opened exceeds 100 million Beijing Winter Olympics pilot scene construction enters the sprint stage Digital RMB pilot shows “full bloom” Regardless of the coverage area, application scenarios, or the number of wallets, the digital renminbi pilot is currently showing a “full bloom” trend. The latest data shows that the cumulative number of digital renminbi personal wallets has exceeded 100 million; the construction of the digital renminbi Beijing Winter Olympics pilot scene has entered the sprint stage: the construction of the acceptance environment in Beijing is accelerating;…

    News 2021-11-26
  • Threshold digital signature

    Digital signature is a basic concept of blockchain and cryptocurrency. Modern blockchains use digital signatures to ensure billions of dollars in value. Digital signatures use a so-called key pair, which is a pair of seemingly random values, one of which is a “private key” and the other is a “public key”. With digital signatures, anyone with a “private key” can “sign” transactions and use digital currency. Therefore, it is very important to protect the “private key”. Some tech-savvy blockchain users choose to protect this key themselves and accept the risk of theft or loss of…

    News 2021-11-26
  • DappRadar Announces Issuing Token RADAR

    On November 26, Dapp data tracking company DappRadar announced that it will issue Token RADAR. Details will be announced within a few weeks. The token has not yet been launched on any trading platform. According to reports, RADAR represents an opportunity to directly contribute, manage and shape the future of Dapp stores in the world. Whether it is managing lists, making recommendations or product decisions, in the spirit of Web3.0, DappRadar hopes to fully accept decentralization, and calls on the community to help expand DappRadar and the dapp space to new…

    News 2021-11-26
  • Can accurately predict the industry wind direction every time? The founder of the well-known research institute Messari “has two brushes”

    Few people in the blockchain industry know Messari. The company has won a large number of fans with its detailed data and forward-looking vision beyond the limits of the industry. As the founder of Messari, Ryan Selkis (Ryan Selkis) is more famous in the industry for his unbelievable words, but every one of his predictions is extremely accurate. Therefore, the exploration of the views of Messari founder Ryan Selkis has also become a required course for many start-up projects. Then, as a “mysterious man” similar to “Satoshi Nakamoto” who can hardly…

    News 2021-11-26
  • Ethereum and 7 challengers: Can ETH 2.0 stop them?

    We investigated seven projects that tried to overthrow Ethereum, we introduced each of these seven, and briefly discussed their technology and how they stole the crown from Ethereum. Obviously, some projects have made significant progress in terms of transaction speed, cost and other factors. Now, we take this analysis one step further. Here, we will study these seven projects in depth to evaluate factors including ease of use and developer interest, degree of decentralization, governance framework, security settings, functions, etc. Among these projects, which one can overthrow the giant Ethereum and become David…

    2021-11-26 Ethereum News
  • Create a new consumer payment model for farmers

    Recently, at the 9th China Public Welfare and Charity Project Exchange Exhibition (hereinafter referred to as the “City Exhibition”), Mr. Wang was browsing the 3D exhibition hall of the China Construction Bank of the Charity Exhibition Cloud Exhibition and clicked on the agricultural aid commodity Xinjiang Grey Date suspended on the cloud platform The picture consumes 36 yuan digital renminbi to purchase goods, of which 28 yuan arrives in the wallet of the farmer in real time. This is a new payment model in the field of consumer assistance created…

    News 2021-11-26