News

  • Overview of Solana Ecological Project

    Solana proposes a new Proof of History consensus mechanism, which is different from the sharding or data partition processing technology used by Quarkchain and Zilliqa. Solana reaches a consensus with PoS equity to expand system throughput horizontally. And SOLANA has been able to process 140,000-170,000 TPS in the test network, which is currently the highest-performing public chain on the market. Solana FTT by the founder and former co-founder of Alameda SBF founder of support, SBF influence in the encryption market of natural Needless to say, is the youngest of the encryption market rich, so powerful…

    2021-10-16 News
  • Three minutes to understand: How does Bitcoin’s Lightning Network work?

    October 5, 2016, Bitcoin test online flash trading is done by first pen block chain technology company BlockStream team of engineers. Dr. Decker said in an interview: “This is an important milestone for the Lightning Network. This is the first time we have established a channel on a real blockchain with real latency and block rate, including Invoices, lightning transactions, and item delivery, where payment is routed from one node to another through a third node.” After 5 years of technological upgrading and development, according to TXStats data, the Bitcoin capacity on the…

    2021-10-16 Bitcoin News
  • Historic moment: Bitcoin ETF will be approved by the US SEC

    Since Bitcoin’s first rapid rise in 2017 , the market has been trying to bring cryptocurrencies to Wall Street. Of course, most of these efforts have been in vain-this is due to weakening demand during economic downturns, opposition from government entities, or general uncertainty surrounding the future of cryptocurrencies as an asset class. But now, as Bitcoin is recognized by the public, institutions and even countries such as El Salvador, times are quietly changing. ProShares’ Bitcoin ETF will be approved by the U.S. Securities and Exchange Commission According to people familiar with the matter, the US…

    2021-10-16
  • Gavin Wood: The four advantages of parachains cannot be interrupted, upgradeability, unlimited, and no handling fees

    In Sub0 Online General Assembly on October 13, Boca founder Dr. Gavin Wood a keynote speech, and the developer community synchronous parallel progress in the development chain and other functions, and how parallel chains and Substrate advantage, Polkadot will deal with supervision . The following are articles translated and summarized by PolkaWorld based on the content of the speech. Hello everyone, today I will quickly talk about three things. First of all, I will reiterate what Substrate is and the advantages of the parachain it supports. Then, I will synchronize the progress of some Substrate-related…

    2021-10-16 Polkadot News
  • Mirror opens content publishing and web3 toolkit to the public

    After Mirror was opened to the public, ECN also opened up the experience of publishing content on web3. This article integrates two articles about Mirror, one introduces its core principles and development progress, and the other introduces its web3 tools in general. Hope to open readers built in Ethernet Square imagine the web3 world. Mirror is open to everyone Connect your wallet and start a decentralized blog right away Last December, Mirror launched its first product: a decentralized content publishing protocol. In the past year, we have also launched crowdfunding (crowdfunding), auction (aution), NFT Editions…

    2021-10-16
  • Insight into the potential of emerging public chain ecosystems. Which types of agreements are emerging?

    With the changes in liquidity incentives, public chains such as BSC, Polygon, and Heco have experienced capital outflows, while the TVLs of Solana, Avalanche, Terra, and Fantom have experienced rapid rises. Looking back at the development history of BSC and others, we can find that opportunities are more likely to appear in the rapid rise of public chain TVL. Therefore, this article attempts to find potential opportunities in the process of summarizing public chain projects. Core summary: The lending projects in the Solana ecosystem are still in their infancy. Both Larix…

    2021-10-16 News
  • Understanding the IRITA Consortium Chain Infrastructure

    IRITA is an enterprise-level alliance chain product line independently developed by Boundary Intelligence to support the next generation of distributed business systems with the core of blockchain cross-chain, privacy computing and big data analysis technology innovation. IRITA has privacy-protected data encryption sharing, efficient consensus protocols, leading cross-chain technology, highly practical on-chain and off-chain system interaction and multi-party collaborative business flow integration capabilities, flexible asset digital modeling and trusted exchange support , And the 6 core technologies of big data storage, which can be widely used in various business scenarios such…

    News 2021-10-16
  • a16z executives will go to Washington to lobby the US government on how to regulate web3

    According to US media news, venture capital firm A16z will send several executives to Washington this week to tell the leaders of Congress and the White House why they should regulate the next generation of the Internet. Anthony Albanese, chief operating officer of a16z Crypto, and Katie Haun, general partner and former federal prosecutor, will be among the executives who will travel to meet government stakeholders this week. The a16z Crypto team stated that these meetings will include “the top leaders of the White House, executive agencies, regulators, the House of…

    News 2021-10-16
  • What problems might the popularity of Ethereum pledge services bring?

    Too much outsourcing of Ethereum pledge will result in only a few large centralized custodians leading the service, the verifier has little interest in the system, and the motivation for correct verification is low. Original title: “BitMEX Research: Potential Problems Existing in Ethereum Staking Outsourcing” We studied the idea of ​​outsourcing the pledge in the Proof of Stake (PoS) process to a third-party validator, which may decouple the coin holder from the consensus agent. We explained why this service might become popular because it has some attractions for users, such as issuing tokens…

    Ethereum News 2021-10-16
  • Jinan’s first blockchain electronic labor contract was born and will cover the city by the end of 2022

    This morning, the launching ceremony of the Jinan electronic labor contract platform was held at Shandong Shunhe International Hotel. At the ceremony, the first company in Jinan to use the electronic labor contract platform signed an electronic labor contract with the new recruits on behalf of Shunhe International. Jinan’s first electronic labor contract was born, which also marked the official entry of Jinan’s labor relations field into electronic labor. The contract era. Full chain management and multi-scene connection Realize the sharing of contracted data according to law and real-time inspection In…

    News 2021-10-16
  • Global encryption supervision presses the broad push button

    Cryptocurrency benefits from its anonymity, decentralization, and freedom from geographical restrictions. Credit risk, liquidity risk, security risk, financial fraud, assisted crime, money laundering and tax evasion and other criminal risks. In response to the risks posed by cryptocurrencies, various countries have implemented regulatory policies. For example, the classification of cryptocurrencies focuses on the supervision of security tokens; cryptocurrency providers such as exchanges are used as the “grabbing hands” of cryptocurrency supervision; and anonymous transactions are cracked in order to combat criminal acts such as money laundering and terrorist financing. In general, various…

    News 2021-10-16
  • Shiba Inu (SHIB) What to prove yourself

    When it comes to SHIB, no one in the circle knows. SHIB, Shiba Inu’s token name, commonly known as “Shiba Inu Coin”, is also dubbed “Shit Coin” by insiders. It was born in an experiment of decentralized spontaneous community construction. SHIB claims to be a “DOGE COIN KILLER ” ( DOGE COIN KILLER), and can surpass Dogecoin in a short time. So how is it now? After a few months, SHIB did not cut a wave of “Dog” projects. Since its inception, SHIB has had two big gains, which have attracted the attention of insiders and outsiders. According to…

    2021-10-16 DogeCoin News
  • People’s Daily: Create new advantages in the digital economy

    Starting today, the “People’s Daily” has successively launched a series of observation editions of “Accelerating Digital Development and Building a Digital China”. This journal publishes 3 articles to analyze and elaborate on “creating new advantages in the digital economy”. 1. Create new advantages in the digital economy (people’s observation): During the “14th Five-Year Plan” and a period in the future, we must fully, accurately and comprehensively implement the new development concept, seize opportunities for the development of the digital economy, strengthen the core capabilities of the development of the digital economy,…

    News 2021-10-16
  • Beijing launches a new round of digital renminbi pilot projects, Hong Kong, China actively explores the digital Hong Kong dollar

    Since the beginning of this year, the digital renminbi pilot has progressed rapidly, and the “10+1” development pattern has basically taken shape. Localities formulate innovative promotion strategies based on local conditions to promote the accelerated implementation of digital renminbi in the C-side and B-side scenarios. At the same time, the frequency of users’ use of digital renminbi has been increased. A few days ago, Beijing launched a new round of digital renminbi pilot work, focusing on traffic travel scenarios that are closely related to users. In addition, Hong Kong, China is gradually testing…

    News 2021-10-14
  • Beijing Business Daily: The three major exchanges clear the cryptocurrency circle retreat

    From the suspension of user registration in mainland China to the forced removal of users in mainland China, under the continuous crackdown of the regulatory authorities, domestic virtual currency transactions have been completely “cool”. The three leading virtual currency trading platforms Huobi, Binance, and OKEx have already Successive “official announcements” withdrew from the Chinese mainland market. Not only that, according to the statistics of Beijing Business Daily reporters, as of October 14, at least 10 virtual currency exchanges have announced the withdrawal of stock users in mainland China, and some small…

    News 2021-10-14
  • Re-observation of collateralized stablecoins

    The subject of this research is collateralized stablecoins. Together with algorithmic stablecoins, these digital currencies are attracting the attention of investors and create new use cases for users through increasingly efficient protocols, greatly innovating the DeFi world. The study considered the pros and cons of 6 projects and their stabilization strategies. In this article, we will introduce the internal functions of these protocols, as well as the framework we use to obtain and analyze data. What is a collateralized stablecoin? A collateralized stablecoin is a fungible token that is fully or almost…

    2021-10-14
  • Read the major expansion plans of Ethereum in one article

    The current Ethernet Square is a whole monolithic block chain (Monolithic blockchain) : It provides security for themselves, perform their own transactions and maintain their own data availability . However, this traditional type of blockchain, that is, a chain that provides itself with layers of security, execution, and data availability, has inherent limitations because it “does everything” . These limitations will bring higher transaction costs to users. This is because the scarce block space in the execution layer of Ethereum , coupled with the increasing demand for network usage , has caused network congestion and pushed up transaction costs . In other words, a monolithic blockchain can only…

    2021-10-14 Ethereum News
  • zkSync 2.0 is coming. Here are the most complete descriptions of zkEVM and zkSync 2.0

    October 13, 2021, Ethernet Square Layer2 solutions zksync developers MatterLabs show a contract with Solidity intelligent and fully functional dApp UniSync Web3 front end, which is MatterLabs use Uniswap V2 intelligent front-end contracts and deployed zkSync 2.0 alpha test network DAPP on the version. Users can receive test tokens to test this dAPP through the uni.zksync.io page. MatterLabs said that since the launch of the alpha version of the zkSync 2.0 testnet on June 1, the solidity compiler is in a stable state, and the development of the Web3 API with additional Layer 2 specific…

    2021-10-14
  • Understand the open source ecology of the alliance chain of FISCO BCOS

    FISCO BCOS is an enterprise-level financial alliance chain underlying platform that is dominated by domestic enterprises for research and development, open sourced to the outside world, and safe and controllable. Created by the open source working group established by the Financial Blockchain Cooperation Alliance (Shenzhen) (abbreviation: Golden Chain Alliance), the working group members include Beyondsoft, Huawei, Shenzhen Stock Exchange , China Information, Sifang Jingchuang, Tencent , WeBank , Yibi Technology and Yuexiu Jinke and other member institutions of the Golden Chain Alliance. FISCO BCOS was officially open sourced in 2017. As of May 2020, more than…

    News 2021-10-14
  • The latest progress in the application of blockchain-related policies in China 31 provinces, autonomous regions and municipalities

    Recently, the “Blockchain+” Research Center of Ali Research Institute and Ant Research Institute jointly released the “Rise of Trust Economy-2020 China Blockchain Development Report”. The report pointed out that application promotion is the core in the development of blockchain. The core that determines the future development of the blockchain lies in the expansion of application scenarios, promotes the deep integration of blockchain and the real economy, and creates a batch of verifiable, replicable, and popular models in the fields of agriculture, finance, government affairs, social governance, and people’s livelihood. Cases, combined with…

    News 2021-10-14