News

  • WEB 3.0 is coming, will retail 3.0 be far behind?

    It has not been a long time since the Internet had such a lively scene as it does today. From last year’s NFT, the Metaverse, to the recently emerging revolutionary WEB 3.0, theoretical discussions, philosophical speculations and massive angel capitals on the future form of the Internet are all coming. Although the concept of WEB 2.0 has only been around for 17 years, and it has only been 11 years since the iPhone 4 detonated mobile terminals, Internet people already have a feeling of standing in the next “first year”….

    2022-01-16 News
  • How does the DAO organization that is popular all over the world work?

    spider and starfish The traditional organization is like a spider, its intelligence is concentrated in the brain, as long as you remove the head of the spider, the spider will die; while the decentralized organization is like the starfish, the starfish has no head at all, its intelligence is distributed all over the body, Once you knock off part of its body, that part may even grow into another starfish. When the Spaniards invaded South America, they conquered the Aztec Empire and the Inca Empire very easily. This is because…

    News 2022-01-15
  • 2022 The Great Change of Human Civilization

    Foreword: More than 2,000 years ago, the cognition that subverted the world came from thinkers; more than 300 years ago, the cognition that subverted the world came from scientists; World-shattering cognitions are very likely to come from algorithms, not humans. The large-scale emergence of DAO actually means a major turning point in human civilization. In the future, the entire human race will move towards a decentralized civilization, which can also be said to be an era of algorithmic civilization. Last year’s most noteworthy record was when a famous person said: “Bitcoin, disgusting…

    2022-01-15
  • DAOs aren’t just cool: they’re futuristic

    How much does it cost to buy an NBA team? How much does it cost to buy a copy of the U.S. Constitution at Sotheby’s? These things were left in the past and had nothing to do with the general public, nor were they within the scope of ordinary people’s thinking until the emergence of “DAO”. Two famous DAO events What is DAO? DAO is actually the English abbreviation of decentralized or distributed autonomous organization , namely “Decentralized Autonomous Organization”, sometimes it is also called DAC, namely “Decentralized Autonomous Corporation”. On November 23, 2021,…

    2022-01-15 News
  • What can cooperatives and DAOs learn from each other?

    The best framework for coordination and functioning may not be a choice between the two modes, but a combination of the two. In 2014, a year before ethereum launched, academic activist and professor Trebor Scholz of the New School in New York coined a new term: “platform cooperativism.” In a blog post, Scholz outlines a bold alternative to the extractive Web 2.0 sharing economy: platforms that operate as cooperatives, jointly owned and controlled by their workers and users. The goal is to find ways to create a future where ride-hailing apps will…

    2022-01-15
  • Comprehensive interpretation of various types of DAO

    What is DAO? Presumably everyone has more or less their own understanding. In simpler terms, a DAO is a promise to share value with the community. So what is the DAO looking for? It is to provide a voice channel for members through governance; it is to form a flat structure and create a flexible workflow; it is to allocate resources to complete a core task.Regardless of size, DAOs seek to solve the core mission of evolving from a group to a success-driven community. The DAO has now moved to…

    2022-01-15 News
  • Coinbase: A Simple Guide to the Web3 Stack

    The industry has come up with many definitions for web3, but at Coinbase we generally think of web3 as a trustless, permissionless and decentralized internet utilizing blockchain technology. The defining characteristic of Web3 is ownership. The first iteration of the commercial internet (Web1) was read-only for most users, while Web2 allowed users to read and write on centralized platforms (Twitter, Facebook, YouTube, etc.), and Web3 gave users control over their content. Full ownership, data and assets via blockchain. It enables users to read and write autonomously. Where a third party like Facebook…

    News 2022-01-15
  • “14th Five-Year Plan for High-Quality Development of Shenzhen’s Financial Industry”: Promote international cooperation and cross-border use of digital RMB

    On January 14, the Shenzhen Local Financial Supervision and Administration Bureau released the “High-quality Development of Shenzhen Financial Industry” Fourteenth Five-Year Plan for National Economic and Social Development of Shenzhen Five “Plan” (hereinafter referred to as the “Plan”). The “Plan” arranges and deploys Shenzhen’s “14th Five-Year Plan” development goals and 2035 long-term goals in terms of overall scale, financing structure, and the construction of the “Four Centers”. sex document. The “Planning” pointed out that the financial innovation of Shenzhen’s pilot demonstration zone will be accelerated. Among them, it was successfully included in…

    News 2022-01-15
  • Why is “data availability” critical to blockchain scaling?

    As you may have heard, Ethereum’s sharding roadmap has largely eliminated execution sharding and today focuses solely on data sharding, maximizing Ethereum’s data space throughput. You may have also seen the recent discussion on modular blockchains, dug into Rollup, learned about volitions and validiums, and heard about “Data Availability Solutions”. However, in the process you may also have a question: “What exactly is data availability?”. Before we start explaining this, we can review how most blockchains work. Transactions, Nodes, and the Infamous Blockchain Trilemma When you encounter a new OHM…

    2022-01-15 News
  • Cryptocurrency Three Hundred Years Ago: Seeing the Second Empowerment of Currency from John Law

    If the value of a token keeps depreciating, and people lose trust in it, how can it appreciate rapidly or even exceed its value? Three hundred years ago someone came up with a solution. In the era when there was no modern bank currency system, when gold and silver coins were used as currency, John Law issued paper money for the first time, and used national debt as the threshold for purchasing company stocks, which made the depreciating national debt very popular and eased the French government. The debt crisis, but…

    2022-01-15 News
  • Top DAO Top10 Inventory

    DAO is a new framework for human organization coordination and the core organization of the Web3 world. With 21 years of progress and the push of major institutions, DAO has become one of the most watched tracks in the encryption industry and is considered to be the most promising. one of the directions. Who are the top organizations on this track? How do they work? Let’s find out together with my perspective! Project summary Uniswap Uniswap is a popular decentralized exchange protocol known for its role in facilitating the automated trading of decentralized…

    2022-01-14 News
  • Ethereum has fallen to the altar? But is Solana ready to “succeed”?

    January 15 News   This Thursday (January 13), boxing champion Tyson “suddenly” posted on his personal social media platform that he wanted to “All in on Solana”. Solana has the potential to become the “Visa of the digital asset ecosystem” by offering consumers a variety of use cases, according to the report, which has sparked heated discussions in the community. So, can Solana really become the “new overlord” of digital assets and beat Ethereum? Let’s take a closer look. Why did Ethereum lose its dominance? Ethereum may soon lose its dominance in the…

    Ethereum News 2022-01-14
  • Web2 is dead: New ways to connect are reweaving the web

    Referring to the past 2021, Bill Gates called it a strange and lost experience. “I haven’t had any face-to-face social interaction in a long time…my world has never been smaller than the last 12 months.” In the blink of an eye, we have coexisted with the epidemic for 2 years. The world is still cut into islands. “Please wear a mask”, “Show your health code”, “Entry and exit with a nucleic acid negative certificate within 48 hours” brings alienation, but it has never been able to block our need for…

    2022-01-14 News
  • “Encryption Rabbit” is officially offline: it means Xiaomi quits

    Recently, the Xiaomi blockchain game “Crypto Rabbit”, which has been in operation for nearly four years, announced that it will be officially offline. In 2021, the concept of NFT and Metaverse once exploded, and many game concept companies became popular in China. However, the blockchain games that are highly sought after abroad seem to have long been forgotten in China. Four years in operation, about to go offline Recently, Xiaomi blockchain pet game “Crypto Rabbit” officially announced that the Crypto Rabbit product will be offline on March 1. Crypto Rabbit…

    2022-01-14 News
  • web3: Solving trust problems with numbers

    Are crypto people eyeing the next big thing, and are you missing this opportunity? Will they lose everything in the latest get-rich-quick scheme? To outsiders, crypto looks a lot like a casino. Its mechanics reveal something even more exciting: the blockchain. So the question is, what do you believe more in? Institutions such as banks and governments. Internet platforms like Facebook and Uber. math Here’s an example of what happened. Human society first merged when institutions allowed two strangers to do business as trusted third parties. Later, the internet replaced…

    2022-01-14 News
  • What will happen when crypto assets are no longer on the fringes of the financial system?

    The connection between virtual assets and financial markets is getting closer and closer, and as the crypto market continues to develop in 2020, multiple institutions have pointed out that cryptocurrencies will no longer be marginal. Crypto assets are no longer on the fringes of the financial system, the International Monetary Fund (IMF) further stated in its latest report. But it also expressed concerns about the risks of the crypto market. The IMF noted that with the widespread adoption of cryptoassets, the correlation between cryptoassets and traditional holdings such as stocks has increased significantly,…

    News 2022-01-14
  • How Mysten Achieved 160,000 TPS

    Paul Veradittakit, a partner of Pantera Capital, recently published an article introducing the web3 project Mysten Labs. Mysten Labs achieved a blockchain throughput of 160,000 tps through innovation. gist Mysten Labs is a new web3 infrastructure company building a myriad of services to enhance the scalability and programmability of modern blockchain infrastructure, with the ultimate goal of accelerating the adoption and development of decentralized technologies. The team works with existing blockchain platforms to enhance their infrastructure and build independent, novel decentralized networks and services around specific emerging use cases. When it…

    News 2022-01-14
  • Ethereum Q4 Report: Metaverse Explosion, DeFi 2.0 Rise

    Note: The author of the original text is Ben Giove, and the following is the full text compilation. This article was originally inspired by “Ethereum Announces Q1 2021 Results” by James Wang One of the key documents in assessing the health of a company is the quarterly earnings report. These reports include cash flow, income statement and key growth indicators. Ethereum is not a company…it cannot publish its own quarterly reports. So we’re going to replace it. The data below shows the massive year-over-year growth of the Ethereum protocol and…

    2022-01-14 Metaverse & NFT News
  • “Top 10 Uncertainties” for Web3 in 2022 (Part 1)

    “Uncertainty” is the biggest charm of the encryption industry, and it also makes Web3 very imaginative. Since Tim Berners-Lee proposed the concept of the World Wide Web in 1989, the Internet industry has gone through two turbulent times, Web1 and Web2. Now, Web3 is coming to us. Standing on the shoulders of Satoshi Nakamoto and other industry pioneers, this brand new technology gives us the ability to achieve complete private ownership of assets through cryptography, unswervingly enforce the constitution and laws through smart contracts, taxation through token issuance, and The…

    2022-01-14 News
  • Ergo plans to launch educational products to train developers to build an ecosystem

    Dan Friedman (Strategic Advisor and Head of Business Development at Ergo) first gave the community an update on the behind-the-scenes work in the first Interactive Questions and Answers (AMA) of 2022. He again talked about the topic of listing DEX (decentralized exchange), and the first task is to get Ergo listed on several major DEXs – such as SushiSwap, Uniswap, etc. Listing such exchanges will go a long way towards increasing ERG’s trading volume and accessibility and creating a way for more people to join the Ergo community. Once this work is complete,…

    News 2022-01-14