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      "body": "瑶池是一个高收益，低手续费，完全加密极度安全的以太坊矿池。\n\n\n\n矿池最低0.001起付，相当于有几十m算力每天都能收到币，每天挖矿，每天变现，轻松快捷。\n\n\n\n并且提现0手续费。随时保证您的高收益。\n\n\n\n国内可直连，矿池自带TSL加密。\n\n接入地址：stratum+ssl://eth.yaopool.net:8325\n\n官网：http://yaopool.net/\n\n电报链接：t.me/yaopoolnet",
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      "title": "直连以太坊矿池瑶池开始营业"
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      "body": "以太矿工福音！\n下载开源矿工\n\nhttps://github.com/blockchain-pro/ntminer/releases/download/v1.5/Ntminer-for-vpn-ssl-v1.5.zip\n\n休闲矿工致力于为国内用户提供快速稳定的中转矿池，前后端加密连接，v2ray+ssl 超强加密，超低延迟，自用币印中转矿池，抽水0.1%作为日常维护\n\n加密挖矿地址：\n\n币印：stratum+ssl://poolin1.xxminer.com:8589 鱼池：stratum+ssl://f2pool1.xxminer.com:8689 E池： stratum+ssl://etherminer1.xxminer.com:8789\n\n增加针对三大主要矿池vpn+ssl加密的支持：\n\n币印：poolin1.xxminer.com:8589  鱼池：f2pool1.xxminer.com:8689  E池： etherminer1.xxminer.com:8789 \n\n增加备用节点：\n\n币印：poolin2.xxminer.com:8599      鱼池：f2pool2.xxminercom:8699      E池： etherminer2.xxminer.com:8799\n\n电报群：https://t.me/xxminercom",
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      "body": "以太矿工福音！\n专为国人打造的挖矿神器！\n前后端加密连接，v2ray+ssl 超强加密，超低延迟，自用币印中转矿池，抽水0.1%作为日常维护\n#比特币 #以太坊 #挖矿\n已更新内置加速器，可选择自用加速器使用。\n详情&下载👇\nhttps://github.com/blockchain-pro/ntminer",
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      "body": "Before understanding Boxie, we need to understand what web3.0 is.\n\"Whether Web3.0 is an awakening or alarmist talk?\" A brief summary of the history of Web3.0 thought in \"is as follows:\nWhat is Web3.0? The Internet is currently in the Web2.0 stage, and Web3.0 is the design and vision for the next generation of the Internet.\nFifteen years ago, Sir Tim Bernard-Lee, the inventor of the Web, believed that the current limitations of the Internet are that HTML is for humans, has no metadata, and cannot be understood by machines. Therefore, data should be given meaning, and a smarter and more automated Internet application should be developed to realize Web3.0, the Semantic Web. But about 5 years ago, Sir Lee's views on the next generation of the Internet changed. He launched the Internet Magna Carta movement, calling on users and practitioners to conduct extensive discussions on the future of the Internet.\nDr. Gavin Wood, founder of Ethereum Joint Creation & Polkadot, proposed a revolutionary Web3.0 vision in 2014, and then initiated the Web3 Foundation. His philosophy is: Web3 is a set of extensive campaigns and protocols to make the Internet more decentralized, verifiable, and secure; Web3 vision is to achieve a serverless, decentralized Internet, that is, users control their own identity and data And the Internet of Destiny; Web3 will launch a new global digital economy system, create new business models and new markets, break platform monopoly, and promote extensive, bottom-up innovation.\n\n![image.png](https://cdn.steemitimages.com/DQmP5ECQYMoCJqqRRsNCCpBVZsjFd3LEYoc1m5Cij9BLckK/image.png)\nCurrently we are still in the Web2.0 era, which is characterized by privacy in exchange for services. Giant companies have tremendous power over their users and third-party developers. With their control of all data, they control: every interaction between users on the platform, the ability of each user to seamlessly exit and switch to other platforms, the potential for content creators to be discovered and publish content, and the flow of all capital , And all relationships between third-party developers and their users.\n\nWhat is the leading infrastructure of Web3.0 -- Boxie?\n\nBoxie is a cross-age operating system that supports anonymous smart interactive contracts. Boxie is trying to create an operating system that is compatible with all encrypted currency functional areas, and is an anonymous, privacy-protected operating system that supports smart contract interaction. Based on this, Boxie must be compatible with solidity language and EVM, and use zero-knowledge proof to protect privacy.\n\n![image.png](https://cdn.steemitimages.com/DQmZJFBcP97ZMi2dg1sdHiS9BsPJrL9JY9m2rPvquXA4iKr/image.png)\nHow does Boxie realize web3 cross-chain and cross-system interaction?\n\nBoxie mainly uses the relay layer to achieve cross-chain interaction and asset circulation, provided that the solidity language or rust language is also used between multiple chains. As far as we know, ETH and its Layer 2 network, BSC, TRX, Heco and most mainstream public chains use the Solidity language. Under the premise of using the solidity language, the same input generates the same results in different chains, for example, the address generated after the same private key is imported is the same address. Such a code environment provides Boxie with operating space. Different chains can realize cross-chain transfer through a two-step interaction to mapping.\n\nHow does Boxie protect web3 privacy and security?\n\n![image.png](https://cdn.steemitimages.com/DQmXeFSm47oaYaYuMgHHj8v7HUF3khfRzfz7HBxY5WfhGmx/image.png)\n\nThe Boxie anonymity layer uses a zero-knowledge proof method to achieve the purpose of privacy protection. zero knowledge: no inside information is revealed in the process of proof;\nsuccinct:  mainly means that the verification process does not involve a large amount of data transmission and the verification algorithm is simple;\nnon-interactive:In the blockchain world, multiple interactions between Prover and Verifier are often required to achieve satisfactory reliability, and this technology attempts to completely avoid these interactions.\nIn addition to the zero-knowledge proof, which is the second layer of protection, Boxie has also made efforts on the first layer of protection. Infog Protocol is one of them. Infog Protocol (Fog Hidden Protocol) is Boxie’s original cross-chain anonymous exchange protocol. The implementation of this protocol The principle is to combine asset A and asset B in the side chain pool at the same time through the side chain. The side chain pool uses the liquidity of existing assets and the price protection of the oracle to achieve cross-chain value exchange.\nBut it is not enough to realize the cross-chain value exchange. Boxie is always committed to ensuring the privacy of both parties to the transaction. After the assets of both parties arrive in the side chain pool, they will be obfuscated transfers by Boxie nodes, and the amount of obfuscated transfers is proportional to the transaction amount. In theory, the larger the number of actual running nodes of Boxie and the larger the amount of cross-chain transfer, the larger the number of confused transfers, and it is very difficult to trace the actual transaction.\nAt what stage is the development of Boxie?\nAccording to the Boxie blockchain browser, currently in the trial operation phase of the mainnet, public mining has not yet been opened. Ecological related products have been gradually opened up, such as IDO has been completed (according to the announcement information, there will be no IDO in the later period); the cross-chain bridge Bridge has realized one-way cross-chain, and two-way cross-chain is expected to be launched in the near future; NFT products are also already available Open, mint and auction operations can currently be performed on its dapp page. According to its plan, Metaverse P2E games and E-DeFi related products will be launched one after another.\n\n![image.png](https://cdn.steemitimages.com/DQmZyKoRGN1Q5fN1ZomsU9WgMGDUBLQAfHSs3r5whG6fzd4/image.png)\n\nImagination about Boxie as a privacy infrastructure for web3.0\n\nBoxie is the leading private infrastructure track project. What can we do with it in the future?\n\n1. SocialFi bottom-level support: The current Internet social networking is monopolized by a few giants such as twitter and facebook, using user data for accurate advertising promotion, and data security cannot be guaranteed. It is not uncommon for social media accounts to be sold on the dark web. If you use the bottom layer of Boxie to develop and build SocialFi projects, you will effectively avoid such problems. Both from the perspective of security and from the perspective of user data ownership, it will greatly improve the current social media network landscape. In the future, we are very likely to see a social project built on Boxie where everyone is equal and free from any advertising interference. The ownership of cultural creation is guaranteed, user privacy and security are guaranteed, and user data security is guaranteed. project.\n2. GameFi asset protection: The current GameFi ecosystem has begun to take shape. What Boxie needs to solve is not how to implement GameFi, but to solve the security of GameFi assets and the cross-chain possibility of GameFi assets. At present, most GameFi products run on a single public chain, or only tokens are circulated between different chains, while game data is still supported by centralized servers. Boxie uses the PPoW proof mechanism to upload GameFi metadata and achieve cross-chain at the protocol layer infog protocol and the second-layer network. The game character data can be transferred across multiple main networks, and it will be possible to completely update the current GameFi ecological environment.\n3. Web3.0 metadata encryption protocol infrastructure: All data on the Internet needs space for storage or transfer. Boxie can be used as one of the important options. On the Boxie network, each node is a data storage point. The data is split, packaged, encrypted, and uploaded and downloaded on demand. The process of split-package-encryption effectively guarantees the security of data, and any single node cannot be maliciously controlled. All data, and secondly, under the incentive of tokens, it effectively encourages the positive growth of the number of nodes and improves the efficiency of the network.\nOnly a few important tracks have been selected for discussion above. As for other possibilities, such as the old-fashioned DeFi field of lend, swap, cross-chain decentralized option contracts, etc., I believe Boxie has a lot to do.\nAs an important part of web3.0 privacy protection, Boxie is looking forward to the future of space.",
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      "body": "According to the countdown on the official website of acycle.io, the algorithmic stablecoin, as of this article, there are only four hours to start the exciting additional dividends. So how does ACycle perform corresponding inflation and deflation calculations? Through reading its official website and litepaper, then explain the corresponding principles in an easy-to-understand way.\n\n![image.png](https://cdn.steemitimages.com/DQmXbcUq3n2ToQT85UqQ7GhRBQiqY8vg3a9BRMbNj2EFdYG/image.png)\n\nscreenshot from acycle.io\n\nAccording to its litepaper introduction, ACycle has a total of four tokens for the circulation of the stablecoin algorithm system. They are:\nACC (Acycle Cash), a stable currency. Anchor 1ACC = 1 U.S. dollar, inflation above 1.05 U.S. dollar, deflation below 0.95 U.S.\nACF (Acycle Fund), dividend coin. In the case of ACC inflation, pledge ACF and related trading pairs to obtain additional issuance proceeds; when ACC deflation, pledge ACF and related trading pairs to obtain ACB subsidies\nACB (Acycle Bond), to subsidize ACF holders during deflation\nACG (Acycle Governance), used to offset a certain ACC inflation pressure in the ACycle currency system, and used to accelerate mining, and can be used for community voting governance in the later period\nAfter understanding the function of the project token, we can deal with the project logic. We make the following two assumptions: inflation or deflation.\nWhen inflation occurs, ACF holders can obtain ACC inflation rewards. At this time, two choices can be made: replacing ACG to accelerate mining or selling ACC to obtain benefits. However, the selling pressure of ACC will not be very large, because the output of ACF is produced by the ACC/BUSD trading pair, so the additional issuance of ACC will be divided into three directions: destroy to obtain ACG/increase the flow pool to obtain ACF/sell . In this way, as long as the ACC/BUSD pool is larger than the ACC sold volume, and ACG shares the additional issuance pressure of ACC, theoretically, it can keep rising consistently. It is a very scientific economic model.\nWhen deflation occurs, ACF holders can obtain ACB subsidies. At this time, 50% of the additional issuance in the national treasury can start the rescue, and the ACC can be repurchased to stabilize the price above $1. At this time, users who receive ACB subsidies can again Choose to convert to ACC to get profit.\nIn summary, ACF holders can get a certain amount of profit regardless of whether it rises or falls. ACF plays the most important role in this system.\n\n![image.png](https://cdn.steemitimages.com/DQmbqwYN3S2srWY2zfyn8aVqQRzKhJXA3W41bRuR3CAC3Du/image.png)\nThe screenshot is from ACycle official website ACF mining pool APY\n\nAlthough DeFi has been in development for more than two years, the development of algorithmic stablecoins has not been more than a year so far. Various algorithmic stablecoins have appeared one after another, which is overwhelming. The subsequent development of ACycle is worthy of attention. *Market risk, the investment need to be cautious",
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      "body": "You've got a free upvote from <a href='https://steemitwallet.com/~witnesses'>witness fuli</a>. <br /> Peace & Love! <br />",
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      "body": "@@ -1796,16 +1796,19 @@\n t Acycle\n+.io\n  in the \n",
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      "body": "check ：acycle.io（with Binance Smart Chain）",
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      "body": "Algorithmic stablecoins have become a favorite in the defi world since their in 2020. The first thing that appeared was AMPL’s crude single currency algorithm model, that is, when inflation is greater than 1 US dollar, inflation is increased, and when it is less than 1 US dollar, deflation is destroyed. This crude method This led to a rapid collapse of AMPL after reaching a high point in the middle and short term last year.\nLater, several innovative algorithmic stablecoins appeared one after another. Basis Cash is considered to be one of the representative projects of algorithmic stablecoins to open a multi-currency ecosystem. The Basis Cash protocol contains three tokens, Basis Cash (BAC), Basis Share (BAS) and Basis Bond (BAB), where BAB is not transferable. BAC is one of the stablecoins, anchored at $1; BAS is equity tokens, which can be used to distribute newly minted BAC tokens; BAB is a bond, and the price of BAB is equal to the square of the price of BAC. For example, when BAC is $0.7, the price of BAB It is 0.7 BAC (0.49 USD).\nWhen BAC is higher than $1, the system first allows bond holders to redeem BAC. If there is still BAC generated at this time, it will be distributed to the Boardroom in the form of seigniorage, and the user will mortgage BAS to earn the daily seigniorage of BAC.\nUnfortunately, because the Basis Cash system still couldn’t solve the selling pressure from additional issuance, it quickly fell into the altar after the market opened.\n\n![image.png](https://cdn.steemitimages.com/DQmX8C4M7WPooUhkudTd3KahzGUvnBV8JyYnQfLpnQbmtNS/image.png)\nIs there an algorithmic stablecoin that can withstand the pressure from additional issuance and eliminate the panic caused by deflation?\nI found a so-called fourth-generation algorithmic stable currency project Acycle in the medium, using a four-currency economic model: stable currency ACC, bond currency ACB, dividend currency ACF, and governance currency ACG. By carefully studying its white paper, let’s take a look at how it works.\nAccording to its white paper, its core token is ACF. After the ACF mining pool is opened, 50% of the additional issuance of ACC can be obtained by pledged ACF and related transaction pairs (the remaining 50% will be returned to the national treasury, which will be discussed in detail later); deflation When it happens, the pledge of ACF and its related trading pairs can be subsidized by ACB. Therefore, in theory, no matter whether its stable currency ACC rises or falls, investors will not lose money, provided that they hold ACF.\nThere is no doubt that ACF is the core token of this system. Another highlight is that the system also has an accelerated mining and destruction mechanism: ACG is necessary to accelerate mining, and ACG needs to be obtained through ACC destruction.\nSo let’s sort out the logic of the project:\nTo mine, you have to replace ACG with ACC, otherwise others can mine faster than you — offset the selling pressure caused by the additional issuance of ACC\nIn case of inflation, you have to provide two pools of liquidity to get ACF in order to get dividends-otherwise the additional issuance will not be possible for you\nDuring deflation, you will be subsidized by ACB. If you calculate the value of fiat currency, you will not lose — lock in ACC and ACF to hold confidence and promote price recovery\nProbably the logic flow can be explained with a picture:\n\n![image.png](https://cdn.steemitimages.com/DQmfFxgg7J7f93rNDXUP5VEEZSuyGMsot14QiyXUSgKviDn/image.png)\nAt present, the project has been open for half of a day, and TVL has exceeded 1 million US dollars. It can be seen that it has attracted some people’s attention. As the mechanism becomes more and more familiar to everyone, I believe that TVL breaking ten million is just around the corner. As for how it will perform next, it is up to the market to judge.\n*Investment is risky, you need to be cautious when entering the market",
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      "author": "blockfinn",
      "body": "First ,you need a wallet that supports ETH(Ethereum) blockchain.like metamask,imtoken,tokenpocket,math wallet,etc.\nAnd we take metamask mobile version as an example：\nFirst,open metamask and click browser:\n![image.png](https://cdn.steemitimages.com/DQmctcDWTmjbPxfevdaNTuL8rWMtS7D6q7X36tvt4CoTX7L/image.png)\nSecond,type in beta.depor.io in the address bar:\n![image.png](https://cdn.steemitimages.com/DQmNuTeMeBQh5SWriTDjerX2WFkNZ29NT6PFq7z125q1CiY/image.png)\nThird,after opened the beta page of DePOR,click ‘enroll’ and send 0 ETH\n![image.png](https://cdn.steemitimages.com/DQmUh7KvS9GP1s1J3LHc2iAfn1CC1QH8PRoCHnjj5HwXATB/image.png)\nFourth,wait a few seconds,and then click ‘ENROLL’ again,to comfirm that if you are enrolled already,if the page shows ’Congratulations,you have enrolled’,that means we have done the work!\n![image.png](https://cdn.steemitimages.com/DQmW4xqeBWzT1UVMAYnEkP85SQj9rLXwiYvYaGrFxEFRZ5i/image.png)\nAs the DePOR official website and the whitepaper shows,it’s a project that depends on the theory of six degrees of separation,for building a perfect super chain complex.\nWe’ll wait and see if it’s so amazing.",
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      "body": "2020 is coming to an end. I believe that this year has given many investors the feeling that: new projects are emerging one after another, Defi makes people feel ‘ get income so easy ‘ . But the good times did not last long. Since October this year , many DeFi project tokens have experienced a cliff-like decline. This Lego game seems to come to an end.\n\nIs DeFi the future of decentralization?\n\n\n![image.png](https://cdn.steemitimages.com/DQmaengLzAxuW75nTdtt5xND2auHF4sXTsuNUa6ugSNoRCd/image.png)\nAs far as DeFi is concerned, it is impossible to simply judge. However, DeFi is definitely the most important part of decentralized finance. The content covered by DeFi is currently relatively thin. From decentralized lending, decentralized transactions to decentralized arbitrage pools, they are currently the three most important application scenarios in the DeFi field.\n\nWhat other scenarios can DeFi expand?\n\nThe answer is that all the scenarios that are applicable to decentralized finance, and the segments that are not currently involved are mainly due to market demand and technical bottlenecks that still need to be resolved. For example, decentralized physical asset transactions, decentralized virtual asset transactions, decentralized credit ratings, etc.\n\nAfter a lot of searches and verification, Unisage is indeed a fairly high-quality new DeFi project\n\nWhat are the highlights of Unisage ?\n\n![image.png](https://cdn.steemitimages.com/DQmSFkdenCQdaZaNSpXz4nuEXrBmruGj4QF5GKoHdBViktg/image.png)\nHighlight one, completely decentralized operation. After consulting its community media records and official website information, Unisage, as the first Unimine project, has undergone multiple rounds of contract testing and is completely open sourced from etherscan\n\nHighlight two is the rising income mechanism. The initial apy is 183% , which increases with the increase in the number of games. It is completely different from the economic model of many DeFi projects that gradually reduce the income from high income. This is also in line with the spirit of blockchain for everyone and everyone.\n\nHighlights three, backed by the United States legal foundation Unimine Inc . According to the official website information, the foundation will assist the project’s operation and promotion in the early stage of the project and provide protection for the legal compliance of the project. After the completion of the third phase of the mining experiment, a completely decentralized community operation will be implemented.\n\nHighlight four, platform planning is long-term and scientifically effective. The prerequisite for any decentralized project to ensure long-term stable operation is that the economic model is sufficient to undertake selling, and the deflation effect is greater than the inflation effect. Unimine ‘s platform token UMI has a circulation of 100 million , and the platform will use all stages of mining ( Unisage , FIFO, custom mining) revenue to burn to the final target of 21,000 . The strong deflation guarantees long-term operating power.\n\nBright spot five, the ecology is extremely rich. According to its litepaper , the three phases of mining are planned to include ETH2.0 hosting, quiz mining, e-commerce mining platforms, financial derivatives business, etc., covering almost all aspects of DeFi , and the growth of the platform is unimaginable.\n\n![image.png](https://cdn.steemitimages.com/DQmYvyM8MxCghsa4VLJs7efgv85U6CcnneDbSfHtK4FJDVL/image.png)\nYFI, the leader of DeFi , will give many investors a lot of returns in 2020. We will wait and see how UMI will perform next.",
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      "memo": "Dear @blockfinn, I had quite a long break from publishing my own articles since I've focused my efforts on building Project.hope community and watching it grow. Today however, I would like to share with you link to my recent publication and I surely hope to read your feedback. All valuable comments will be rewarded with solid upvote. Cheers, Piotr // LINK: https://steemit.com/hive-175254/@crypto.piotr/is-crypto-space-is-mature-enough-for-another-bull-run-i-have-my-concerns",
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{
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      "author": "blockfinn",
      "body": "Yesterday I discovered a new DeFi project. You can get airdrops without spending any funds. Airdrop coins cannot be transferred temporarily. You can transfer UMI token after the game is activated.\nThis game should still be in the beta stage, so an invitation code is required. As long as you have an ETH wallet, you can participate. A certain amount of ETH is required as a gas fee. I tried it around 0.005 .\nMy recommended link is: http://unimine.org/#/register/0xD848e2BFFAe7397f433342e7175E44d5C82B6B11\nAccording to the information on Unimine ‘s official website Unimine.org, it is a comprehensive defi platform. The platform plans a total of three phases of mining. The first phase is Unisage game mining. The airdrop we get will also be open for transfer after the first phase of the game is activated; the second phase of liquidity mining may be our common storage of LP tokens for UMI The third phase is custom mining. This part is somewhat different from other projects. Any project can be submitted to Unimine for mining. It may replace the traditional ICO , which is to use DeFi mining for token distribution. A certain amount of imagination.\n\n![image.png](https://cdn.steemitimages.com/DQmdsneBWh4nDsXp8H79KyNAQnpRVCgGJxyyiqZ2SDM8KNM/image.png)\nEconomic model additional tokens are continuing destruction mechanism, the total amount of 100 million , premine 5 million , mining production 95 million. based on its litepaper display will be destroyed to 21,000 UMI so far.\nBy the way, the total dropped only 500,000 UMI , so seize the time to participate in closed beta drop it. Anyone who is interested can continue to follow its social media twitter and telegram .\n*The market is risky, this article does not constitute investment advice",
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{
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      "body": "The time comes to October of this year , and it is undeniable that the market for DeFi seems to be coming to an end. According to coinmarketcap data, many DeFi tokens have entered a downward phase. The past glory will no longer reappear. For example, Uniswap platform token UNI , DeFi star token YFI, etc., all showed different declines.\n\n![image.png](https://cdn.steemitimages.com/DQmeFKc1wQ9cf9jN5kKxih865f2ixySPHBGKi2DYQ9ca5dm/image.png)\nThe storage sector may be the next focused area\nThe leader of the storage sector this year is undoubtedly filecoin . Filecoin claims to build a decentralized Internet and compete with https in the future Internet infrastructure ecosystem. According to relevant data, filecoin has risen by as much as 7 times since this year , far exceeding the income of all mainstream currencies.\n\n![image.png](https://cdn.steemitimages.com/DQmcxMkxm9pwPHnppYDx5xAqidQJw2HAs9EZNMgLKrvSV1N/image.png)\nPCD turned out to be a bigger advantage than filecoin\nAccording to PCD ( Private Cloud ) related information, PCD has anti-quantum technology, anti-smart contract vulnerability technology and the world’s first POW+DPOS+PPOS triple proof method to defend Internet data privacy.\nIn the future, it plans many ecological applications to promote value enhancement, such as PCDex decentralized cross-chain exchange, PCDs lending platform, PCD liquidity mining platform, etc …\nAmong them, the most noteworthy is the PCD private storage cloud disk, which is undoubtedly its heavy ecology.\nWhat are the advantages of PCD private storage cloud disks?\n· The ring signature using blockchain technology ensures data security, no one except the user can view the data\n· Using secondary encryption technology to encrypt the data with two signs to ensure that data access permissions are foolproof\n· Use the unique network identity PCID to access your data anytime and anywhere. We will develop an independent app for this , which can be accessed at any time regardless of whether you use a mobile phone or a computer. And after each visit, the user’s PCID will be verified before proceeding to the next step.\n· Using the distributed technology of blockchain to disperse user data in each node. The data is complete in terms of user experience. In actual operation, the scattered data is retrieved from each node to form a unified file so that users can No sense operation.\n\n![image.png](https://cdn.steemitimages.com/DQmQ1Uunkqd3Hx3xb3zzfVbvkjjGfXakJggkHRG2XwyagDw/image.png)\nPCD is here, are you ready for the era of the full privacy Internet?",
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      "body": "The ecology of Ethereum is becoming stronger and stronger, and there are many killer applications that have swept the world. Next, we will explore what ETH2.0 Plus is . What kind of magic is this dapp game that more than 70 countries are participating in ? .\n\nAccording to the official introduction of ETH2.0 Plus , the project is a dapp built on the Ethereum decentralized network. The entire process is automatically run by smart contracts, and no one can control and use any funds in it.\n\nWhat is a smart contract?\n![image.png](https://cdn.steemitimages.com/DQmexpn7UaHr5vtoX3hyRGgEGrZqiFF1VLvFkZzkVfVYFFg/image.png)\nSmart contract ( Smart contract ) is a computer agreement designed to spread, verify or execute a contract in an information-based way. Smart contracts allow trusted transactions without a third party, which are traceable and irreversible.\n\nThe purpose of smart contracts is to provide a security method superior to traditional contracts and reduce other transaction costs associated with the contract.\n\nWhat are the advantages of dapps built with smart contracts ?\n![image.png](https://cdn.steemitimages.com/DQmXXHE6SiuShw3MdWjc6ds62Mj83TLiKvujt8UnMGrzEva/image.png)\nFirst, smart contracts cannot be terminated. Once the smart contract is on the chain, it cannot be changed or terminated. This ensures the permanence of the project. There will never be a situation where the server cannot be opened when the server is turned off, which ensures the permanent operation of the dapp .\n\nSecond, it cannot be controlled manually. The rules of the smart contract are written before the chain is on the chain, and the operation rules and logic of the contract cannot be changed in the middle, which ensures that no changes can be made to the dapp .\n\nThird, the safety of funds. The Dapp 's funds flow is visible on the chain throughout, and the account private key is kept by itself. Running dapp does not require the complicated process of KYC .\n\nWhy is ETH2.0 Plus so popular among players?\n![image.png](https://cdn.steemitimages.com/DQmZXzUvA7f3zs2deCgoSawdMsGHMZJjuA3hV5Qds4ZZ82g/image.png)\nETH2.0 Plus is fully automated by smart contracts and is established on the world's second largest market capitalization Ethereum network. The contract code is open source and there is no capital risk.\n\nAnd the purpose of the project is to preach ETH2.0 . According to the previous statement of the Ethereum Foundation, ETH2.0 is expected to enter the first phase of testing in early 2021 , and ETH2.0 Plus is the preaching of ETH2.0 that is being promoted globally. .\n\nETH2.0 Plus has a rich bonus mechanism. The project uses smart contracts to return 100% of the funds involved in the entire network to the wallet addresses of participating players. There is no manual review or any development team draws. Participants can get rewards. This is unprecedented. An ETH evangelistic event for.\n\nThe future is here, are you ready?\n\n*The market is risky and this article does not constitute any investment advice.",
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      "body": "To say that the hottest sector of the blockchain industry in 2020 , DeFi will do its part. According to the latest Etherscan data section DeFi Leaderboard , the current total value of DeFi locked assets has exceeded 8.7 billion U.S. dollars, which is equivalent to doubling the data a month ago (that is , July 2020 ).\n\n![image.png](https://cdn.steemitimages.com/DQmYZRiSLGt2D3rPJaT9b4SNNezFqmjW9cNQF1wzTEvnAdt/image.png)\n\n\nWhy is DeFi so much sought after?\n\n· Anticipated judgments on decentralized finance. People have been living in the scene of centralized finance (CeFi) for a long time . Every time a CeFi is completed , it means that a centralized institution will conduct a complete back-adjustment on you. After the back-adjustment is completed, it is still unknown whether it can be approved. So DeFi in the encryption industry appeared. It broke the original centralization shackles. As long as you have digital assets, you can participate in DeFi .\n\n![image.png](https://cdn.steemitimages.com/DQmet5QuMGDXgEn9chGAADA1AA2dtDajUMzKnDx8dtP7EbV/image.png)\n\n\n· FOMO emotional impact. FOMO , that is, Fear of missing out , phobia of missing out , also known as fear of missing out . As the DeFi market has gradually become hotter , many DeFi assets have continued to rise. For example, AAVE , compound , and yearn.finance in Figure 1 of this article have risen tens of times to a hundred times. Many crypto players who have been affected by FOMO sentiment have entered the game, constantly pushing up prices.\n\n· DeFi ‘s liquidity mining is currently the most significant sector in the cryptocurrency circle. Compared with some currencies that have been online for a long time, such as BTC , ETH, etc., due to technical bottlenecks and capital bottlenecks, it is difficult to have a large price increase in the short term, and more are leveraged funds to fight in the field. The DeFi liquidity mining is different, relatively speaking, was adopted to provide liquidity mining token approach is a more secure profitable strategy, capital never sleeps, always hot money to flow to wherever higher returns.\n\nThe current dilemma of DeFi\n\nCurrent DeFi though developing rapidly, but the appearance is still a lot of difficulties and challenges.\n\nThe first is limited transaction efficiency. More than 70% of the current DeFi products run on the ETH network, and the transaction efficiency of ETH is about 14 tps on average , which means that only 14 transactions can be traded per second . This is far from matching the needs of DeFi decentralization scenarios.\n\nSecondly, the transaction fee rate is too high. The same is with the ETH charging mechanisms concerning, ETH ‘s Gas costs will be rising in tandem with the upgrading of trading volume, and subject to the ETH transaction efficiency, cost often need to hand in a lot of money before they can complete the transaction quickly. The latest data from Etherscan shows that the current average gas fee is 241Gwei , which means that a transaction may cost 0.015 ETH , which is about 6 US dollars based on the current ETH price . Such an expensive handling fee seriously hinders the progress of DeFi .\n\n![image.png](https://cdn.steemitimages.com/DQmTqRAarZ9YK4LmJ7UXmnKGSXfU5bR52yE1Na6BvSEpDya/image.png)\n\n\nWhat can GSG (Gauss Ecology) bring?\n\nAccording to the GSG official website and white paper, GSG is a new generation of blockchain cross-chain public chain project initiated by the Genesis Lab jointly established by Russian and South Korean technical geeks . It uses a unique three-layer cross-chain network processing to handle massive cross-chain interactions. data. GSG organically combines many consensus mechanisms (PoW+DPoS+GPoS) , and develops a unique GSG algorithm : Galgo . GSG traditional block chain industry development bottlenecks and shortcomings of the block chain technology industry oracle (the Oracle) , data privacy protection, DeFi scenario data processing efficiency of a lot of optimization. GSG is currently testing network testing, testing, network testing TPS data of up to 10,000 , far more than the current mainstream currency processing efficiency, and GSG ‘s X86 virtual machine can be perfectly compatible Ethernet Square (ETH) ecology, it is expected to be within a quarter (2020 Nian Q4) The main net is officially launched.\n\nIt is an eternal truth that the wave behind and the wave ahead . How much improvement GSG can bring to DeFi and even the blockchain , let us wait and see.\n\n\n![image.png](https://cdn.steemitimages.com/DQmdbooFEsEb9UgHThAFbuehz2QDnToXjjSqahBYXtM4RWx/image.png)\n\n*The market is risky, this article is not an investment recommendation",
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      "body": "This year’s DeFi brought us one surprise after another. Since Compound started liquidity mining, tokens in the DeFi market have followed suit and prospered in an instant. The world’s biggest cryptocurrency market platform even opened a dedicated area for the DeFi token market to match market demand.\n\n![image.png](https://cdn.steemitimages.com/DQmePCeBDirPhd4qFAbm1hdpk2hxHGNcT2FrWXBS6Mz9FiK/image.png)\nPicture from CoinmarketCap\nTaking Chainlink as an example, which is the number one in the DeFi rankings.Many DeFi products have to rely on its oracles to obtain market prices, which creates a large amount of LINK demand (Editor’s note: Link is the token of Chainlink). So since the beginning of this year, the price of Link has risen all the way, the highest increase has exceeded 10 times. Others include AAVE’s increase of more than 30 times, SNX’s increase of more than 12 times.\n\n![image.png](https://cdn.steemitimages.com/DQmauNxmLQRZfQAedkUcam1zJZG9iRquhaUvsMwUP8QmLsF/image.png)\nThe picture shows AAVE with the highest increase of more than 30 times, data from CoinmarketCap\nWhy does DeFi receive the market’s popularity?\nWe analyzed the following reasons through market data.\nThe first is the gradual improvement of new blockchain infrastructure: the rise of DeFi is inseparable from the development of decentralized exchanges such as Uniswap. When the market was sluggish, Uniswap gave another way out for market funds: to provide liquidity to Uniswap to obtain fee sharing. At the same time, other decentralized exchanges (DEX) also have certain incentives to promote digital currency users to increase liquidity in the market or conduct arbitrage.\n![image.png](https://cdn.steemitimages.com/DQma2au3upc8Y3VKqBu92sMFHyuShZR1aLsNUz3uM73Ameq/image.png)\nThe picture shows the ranking of DEX locked positions by market value, data from DEFI PULSE\nThe second point is to benefit the myth and continue FOMO to drive market sentiment. Take STA as an example. STA is a deflationary token listed on Uniswap, which increased by 100,000 times in 6 days on Uniswap. After each transaction is completed, a certain percentage of the token will be destroyed. As long as the transaction continues, the total amount of tokens will continue to shrink.\n\n![image.png](https://cdn.steemitimages.com/DQmX3q5X739NXjcY5QyPR5DJ95LN8z693as3ExRHPtQ1YXs/image.png)\nSTA rose by about 100,000 times\nNow that the myth of creating wealth is considered to have disappeared, there are few hundred times currency in the market, let alone thousand times currency or ten thousand times currency. But such a myth has appeared on Uniswap.\nAnd the third point is that the smart contracts and transaction depth of DeFi tokens are public, and they have unmatched advantages over centralized exchanges. Uniswap does not have any listing fees, which solves a big problem for many blockchain entrepreneurs; Uniswap’s pending orders are automatically matched based on the volume of buying and selling orders, so centralized exchanges intervene in market value and fake orders and fake data no longer exist; coupled with the liquidity mining and Decentralized Autonomous Organizaztion (DAO) blessings of many DeFi tokens, both users and project initiators are obviously more advantageous than traditional centralized exchanges.\nAnother new star of DeFi was born!\n![image.png](https://cdn.steemitimages.com/DQmabntVxmTHZX4jJx6tkBbs8NqdETfvmEXjbEgm9LpHoky/image.png)\nAccording to the official information of EVAA, EVAA is a platform developed based on the Ethereum underlying chain. It was developed by Spotech, the top Russian geek technical team, in one year. The deployment contract has been completed on the Rinkeby test network and will be officially released on the main network in the near future. . EVAA is committed to creating new financial services, providing financial services such as payment, clearing, and lending to users around the world, so that everyone can enjoy fair, transparent, and equal financial services anytime, anywhere.\nEVAA is a decentralized financial platform. The platform has two currencies: EAA and USD-linked stablecoin EAC. The number of stablecoins is the value of the virtual currency pledged by the platform, and each EAC corresponds to 1 U.S. dollar.\nUsers can store their virtual currency on the platform, the platform pays an annualized interest of 8%, and the interest will be calculated and paid immediately after the transfer.\nEVAA is a decentralized financial platform. The platform has two currencies: EAA and USD-linked stablecoin EAC. The number of stablecoins is the value of the virtual currency pledged by the platform. Each EAC corresponds to 1 USD.\nYou may ask, why would you lock in higher-value ETH or BAT or BTC to issue lower-value EAC instead of directly selling your crypto assets to get dollars?\nThe following situations may occur during this period.\nYou need cash now and have a crypto asset that you believe will appreciate in the future. In this scenario, you can deposit your encrypted assets in the EVAA vault and get funds immediately by issuing EAC.\nYou need cash now, but you don’t want to trigger the risk of a tax incident by selling crypto assets. You can withdraw loans by issuing EAC.\nInvestment leverage. If you believe that your crypto assets will appreciate in the future, you can leverage your assets to maximize your benefits.\nIn all the above processes, EVA will inevitably be consumed to promote the deflationary effect of the entire economic system, thereby stimulating price increases.\n![image.png](https://cdn.steemitimages.com/DQmYEYycBaYkQaNhQWf8DwBBzM2Jfx6pP6rxX55UsKBi3GH/image.png)\nDeFi is unstoppable. Relying on the superiority of technology and the reasonable design of mechanism, EEVA may create another DeFi myth.",
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      "body": "in July，2019, Square Ethernet average transaction costs tripled, reaching 0.14 dollars, although with a few days ago of 3 seem trivial compared to the dollar. At that time, it meant that every time you sent a transaction, even if it was a small one dollar transaction, if you paid on the Ethereum network, you would have to pay an additional $ 3 transaction fee.\n\nUp to now, due to the reduced efficiency of the liquidity mining output of several star defi projects, the gas fee of ETH has fallen, and is currently around $ 1 .\n\n\n![image.png](https://cdn.steemitimages.com/DQmZTWepY8SAmWnB6iUGENjMTobpas2c8hGznvYRKsRdKpW/image.png)\nWhat are the reasons behind the hot DEFI ?\n\nWe have summarized several reasons for the popularity of DEFI . We try our best to analyze it from a macro perspective or a micro perspective, although it may not be completely correct, I hope to give you some reference.\n\n‘ Liquidity mining ‘ is profitable: Liquidity mining provides liquidity and can obtain token rewards for the project. These people mining also been dubbed the ‘ peasant ‘ (Farmer) , through their own mortgage ETH to get incentives and other assets, and some mining and analysis tools to help them to always choose the highest yielding defi projects, such as defipulse , Defiprime, etc.\n\n![image.png](https://cdn.steemitimages.com/DQmXxrdggkG1oSWWfY52cJyRGXN64C8m1G7hovphPS3UQXj/image.png)\n\nFigures are derived from defipulse\n\nHot money in the market has nowhere to go: From a macro perspective, under the current global epidemic situation, some hot money has nowhere to go. Consumer demand in a large number of industries has decreased. There is no traditional product with relatively good returns to invest in. Gold and the Nasdaq are pushed to The historical high illustrates this point. The defi mobility products, high depth of the market, only a small amount of money you can get involved in higher yields, which makes this part can withstand the corresponding risk of speculators flocked to participate\n\n![image.png](https://cdn.steemitimages.com/DQmbJZ1hJuLwFaZhztbL9kLhc54CKyJTKq8V7bwiWLsvZ5x/image.png)\n\nFinally, the project sponsor is unfriendly to the center of the exchange, which led to more entrepreneurs choose to block chain DEX listed: Centralized exchange because it is registered in the Stock Exchange of various countries around the world, they tend to KML and KYC has strict requirements, and some have various liquidity requirements for project sponsors. However, except for a few exchanges with a certain amount of traffic at the head, they can bring certain benefits to the project, and other exchanges often cannot bring equal value to the project, and require a certain amount of currency fees or short candy . In addition to this, the founders of many blockchain projects simply choose to list on decentralized exchanges such as uniswap or balancor .\n\nWhat are the pain points of DEFI ?\n\nAs mentioned at the beginning of this article, the high gas fee of Ethereum is a major problem blocking the application of DEFI . At the same time, the network of Ethereum is congested. Many participants have to endure high transfer delays while bearing the high gas fee. Suffering.\n\nIn addition, in the case of limited application scenarios, risks are increasing day by day. The main application area of DEFI is in lending. The project also generated tokens in ‘ borrowing that is mining ‘ produced under the conditions, it will produce a large number of invalid borrowing requirements, please note them in the absence of lending demand situation, in order to participate in the dig and replace currency Process, this will create a huge loan bubble.\n\nSTAR public chain seizes the pain points and seizes the opportunity to announce its entry into the DEFI field\n\nAfter the STAR public chain team has done in-depth research on the DEFI market, combining games with DEFI will solve the current dilemmas of the DEFI industry.\n\nFirst DEFI network congestion and high fees will not worth mentioning, STAR is DPoS proof mechanism, an official at EOS based on a lot of underlying code modified, single-node test network operation run tps up to 10 million transactions.\n\nSecondly, according to official disclosures, its DPoS mechanism will lay out the corresponding official DEX around DEFI , which to a certain extent avoids the consequences of spamming tokens, thus ensuring the validity and authenticity of any project running on STAR\n\n![image.png](https://cdn.steemitimages.com/DQmfFhtoGNzsNHUtbsmDtniyn7WPF369VYZ58LAJdiod8yC/image.png)\n\nSTAR ’s ice-breaking journey has just started. I believe STAR will hand in a satisfactory answer for us in the future .",
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      "body": "Uniswap，可谓之迄今为止最成功的去中心化交易所。它区别于传统的去中心化交易所'链下订单，链上撮合'的交易方式。Uniswap的所有交易过程都是在链上完成的，这其中的关键点在于它是利用智能合约进行资金池撮合交易。\n\n\n![image.png](https://cdn.steemitimages.com/DQmYGYjs1f2sGGKHQWEgsPQouGxMMvqCC1msnnJ6uo3sJmX/image.png)\nUNISWAP\n\nUniswap的资金池撮合是什么？\n\n用一个简单的公式即可理解：a➗b=k。其中K的值就是实时反映的价格。我们以以太坊(ETH)为例，假设目前Uniswap中没有ETH/USDT这个交易对，那么我们首先需要注入流动性来充当'做市商'的角色，如果此时我们同时注入1个ETH和400个USDT，那么实时的交易/兑换价格就是1ETH=400USDT；如果此时又来一个做市商注入400USDT和0.5USDT的流动性，那么价格将变成(400+400USDT)➗（1+0.5ETH）=533.33USDT。对于需要'闪兑'的玩家怎么办呢？单向注入流动性即可即时成交兑换为选择的另一种加密货币，视注入的资金量大小，会产生一定的'滑点'（编者注：滑点是指下单的点位和最后成交的点位有差距）。随着Uniswap资金池日益庞大，目前市值较大的ERC20代币成交产生的滑点大多在1%以内。*\n\n\n![image.png](https://cdn.steemitimages.com/DQmPeEKNdcAsfoAX4XrqStd8QeRFgPmGGarupRV3zmxT2ib/image.png)\n\n\nUniswap为什么取得了成功？\n\nUniswap 瞄准了价格不敏感用户的快速兑换需求：如果你在中心化交易所想要快速成交，只有选择市价成交，而且还要上传个人的隐私信息（大部分中心化交易所需要手机邮箱认证，KYC实名认证）。选择市价成交固然很快，但不可避免的会承受更高昂的手续费和一定的'滑点'。与其这样，何不选择更快更便捷更安全的uniswap？\n\nUniswap是DEX和DEFI的结合产物：用户的对手方不是用户，而是资金池和算法。提供资金池可以获得手续费分成，于是会吸引大批的套利玩家前往存入资金池来降低滑点。这个过程Uniswap甚至不需要发平台币来吸引资金池的进入，在链上就完成了'我为人人，人人为我'的乌托邦理想；何况除此之外，还有许多的套利做市商虎视眈眈随时准备增加资金池的流动性。是不是与DEFI的逻辑如出一辙？大部分DEFI产品的逻辑就是如此，如果我提供DEFI产品流动性，那么我可以获得项目的代币奖励。\n\n\n![image.png](https://cdn.steemitimages.com/DQmd4iwcMTzrgW4vaZ7rTs2mLoddpDMXAQk9pNZjVLSxFAC/image.png)\n\n\nUniswap有什么问题亟待解决？\n\n凡事都有两面性。在Uniswap的机制设计中，为了反应真实的市场供需，套利几乎占据了关键的地位——每笔交易后，由于库存的变化，模型会给交易资产赋予新的价格，如果价格偏离市场价格，会出现套利机会，套利者可以按照偏离的价格成交，获得差价回报的同时将缺少的资产补足进池子。\n\nUniswap的套利者将ETH的Gas费用几乎推高了一个量级，与此同时造成以太坊网络的长期堵塞，用户苦不堪言。\n\n除此以外，Uniswap存在其局限性。Uniswap是建立在ETH网络上的，无法完成跨链资产的交易，许多号称跨链资产交易的公链往往只是蹭蹭热点之后便无下文。\n\nETX(Ethereumx·NET)POC协议池破冰\n\n\n![image.png](https://cdn.steemitimages.com/DQma1dvEgyqQjuAkZfRqPaSWekhA94gHXfjXVw2aRrNb8jV/image.png)\n\n\nETX 协议池示意\n\n能不能有一种去中心化交易所可以让所有不同主链的币混合交易？\n\n答案是肯定的。\n\n跨链的难度在于不同数字资产所使用的协议不同，ETX的经济白皮书中提到了一种可行的办法：建立协议池交互系统。*此处的'协议池'与Uniswap的资金池有着异曲同工之妙，按需提交协议，完全去中心化的跨链交易也许离我们并不远。\n\n区块链由最初的一个极客构想形成如今一个在创新中不断进步的产业，鲜少能有Uniswap和ETX如此颠覆的产品给我们带来惊喜，笔者甚是期待他们的大放异彩。\n\n*根据coingecko数据，截至8月11日，UniswapV1、V2总流动性超过2亿美元，24小时交易量已经超过2.5亿美元，几乎平分了DEX世界的一半天下。\n\n*根据ETX经济白皮书显示，DEX（Decentralized EXchange）开放之后，DEX 中将会有独立的 ETX 交易对，同 时对每个接入协议池的币种有一定的深度要求，满足深度要求则需要提前准备一定数量的 ETX 进入挂单薄作为该币种的交易标的，从而在第一时间内保障交易达成\n\n投资有风险，本文不构成投资建议。",
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      "body": "Formed from the original geek idea, now an industry that is constantly progressing in innovation, there are few such subversive products of Uniswap and ETX that can bring us. To be pleasantly surprised, I really look forward to their success.\n![image.png](https://cdn.steemitimages.com/DQmTkSuL5tNYGQbdufFhXy3g1cQb4nq3T3dm3kduPh8Z6e4/image.png)\n\nUniswap is arguably the most successful decentralized exchange so far. It is different from the traditional decentralized exchange’s “chain order, on-chain matching” trading method. All transaction processes of Uniswap are completed on the chain. The key point is that it uses smart contracts for fund pool matching transactions.\n\n![image.png](https://cdn.steemitimages.com/DQmd4iwcMTzrgW4vaZ7rTs2mLoddpDMXAQk9pNZjVLSxFAC/image.png)\n\nWhat is Uniswap’s fund pool matching?\nIt can be understood with a simple formula: a➗b=k. The value of K is the price reflected in real time. Let’s take Ethereum (ETH) as an example. Assuming that there is no ETH/USDT trading pair in Uniswap, we first need to inject liquidity to act as a “market maker”. If we inject 1 ETH and 400 USDT at the same time, then the real-time transaction/exchange price is 1ETH=400USDT; if another market maker injects 400USDT and 0.5ETH liquidity at this time, the price will become (400+400USDT)➗(1+0.5ETH) =533.33USDT. What about players who need ‘flash cash’? One-way injection of liquidity can be instantly traded and exchanged for another cryptocurrency of choice. Depending on the amount of funds injected, a certain “slippage” will occur (Editor’s note: slippage refers to the point where the order is placed and the last transaction There is a gap between the points). With the increasing size of Uniswap’s capital pool, most of the slippage generated by the transaction of ERC20 tokens with a large market value is within 1%. *\n\n![image.png](https://cdn.steemitimages.com/DQmPeEKNdcAsfoAX4XrqStd8QeRFgPmGGarupRV3zmxT2ib/image.png)\n\nWhy Uniswap get succeed?\nUniswap is aimed at the fast exchange needs of price-insensitive users: if you want to make a quick transaction on a centralized exchange, you can only choose the market price and upload your personal privacy information (most centralized exchanges require mobile email authentication, KYC Verified). The market price transaction is fast, but it will inevitably bear higher handling fees and certain “slippage”. Instead of this, why not choose Uniswap which is faster, more convenient and safer?\nUniswap is a combination of DEX and DEFI: the user’s counterparty is not the user, but the fund pool and algorithm. Providing a fund pool can get a fee share, so a large number of arbitrage players will be attracted to deposit in the fund pool to reduce slippage. In this process, Uniswap does not even need to issue platform currency to attract the entry of the capital pool. It has completed the utopian ideal of “I am for everyone, everyone for me” on the chain; besides, there are many arbitrage market making. Business Tigers is ready to increase the liquidity of the fund pool at any time. Is it the same logic as DEFI? This is the logic of most DEFI products. If I provide DEFI product liquidity, then I can get token rewards for the project.\n\n![image.png](https://cdn.steemitimages.com/DQma1dvEgyqQjuAkZfRqPaSWekhA94gHXfjXVw2aRrNb8jV/image.png)\n\nIs there any problem with Uniswap that needs to be solved urgently?\nEverything has two sides. In the mechanism design of Uniswap, in order to reflect the real market supply and demand, arbitrage almost occupies a key position after each transaction, due to changes in inventory, the model will assign new prices to the transaction assets. If the price deviates from the market price, it will When arbitrage opportunities appear, arbitrageurs can trade at deviated prices, obtain a return on the difference, and make up for the lack of assets into the pool.\nUniswap’s arbitrageurs have pushed ETH’s gas by almost an order of magnitude, and at the same time caused long-term blockage of the Ethereum network, and users are miserable.\nIn addition, Uniswap has its limitations. Uniswap is built on the ETH network and cannot complete cross-chain asset transactions. Many public chains that claim to be cross-chain asset transactions often have nothing to do with the hot spots.\nThe ETX (Ethereumx·NET) POC protocol pool breaks the ice.\nImage for post\nThe ETX protocol pool indicates\nIs there a decentralized exchange that allows mixed transactions of all different main chains?\nThe answer is yes.\nThe difficulty of cross-chain lies in the different protocols used by different digital assets. ETX’s economic white paper mentions a feasible method: establishing a protocol pool interactive system. *The ‘protocol pool’ here has the same effect as Uniswap’s fund pool. The agreement is submitted on demand, and the fully decentralized cross-chain transaction may not be far from us.\nBlockchain was formed from an initial geek concept and is now an industry that is constantly progressing in innovation. Few products such as Uniswap and ETX can surprise us. The author really looks forward to their success.\n*According to data from Coingecko, as of August 11, the total liquidity of UniswapV1 and V2 exceeded 200 million dollars, and the 24-hour trading volume has exceeded 250 million U.S. dollars, almost evenly sharing half of the world in the DEX world.\n*According to the ETX economic white paper, after the DEX (Decentralized EXchange) is opened, there will be independent ETX trading pairs in the DEX. At the same time, there will be a certain depth of requirements for each currency connected to the protocol pool. To meet the depth requirements, you need to prepare in advance A certain amount of ETX is entered into the pending order book as the transaction target of the currency, so as to ensure that the transaction is completed immediately.\nThis article does not constitute investment advice.",
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      "body": "The blockchain industry will never lack hype, what it lacks is the landing of application scenarios.\n- Inscription\nSince Satoshi Nakamoto initiated Bitcoin in 2008 , the blockchain industry has gone through 12 years. Many earth-shaking changes have taken place over the years, from vision to reality, from POW to POS to DPOS , and many underlying protocols, blockchain operating systems, etc., derived from pure currency.\n\n![image.png](https://cdn.steemitimages.com/DQmUCoGvzT37Jp1vnGWgNYwwtWC2QHNGG7XrhLXThg178JX/image.png)\nImage for post\nChanges are happening all the time, but the hype has not changed.\nOnce upon a time, EOS was also known as the operating system of the blockchain 3.0 era (Editor’s note: Before this, Bitcoin was called the representative of blockchain 1.0 because it was the first blockchain digital currency , and Ethereum was the first The smartcontract virtual machine is known as the representative of Blockchain 2.0 ). But according to the market acceptance of EOS , its hype value is obviously greater than its application value.\n\n![image.png](https://cdn.steemitimages.com/DQmceaDJcZwtg9c2dvtM5U18ASWjVFriwMWJiN3oYb6rcai/image.png)\nImage for post\nWhy didn’t EOS take up the important task of blockchain 3.0?\nThe founder has one reason. The founder BM is indeed a technical genius, but the past projects he developed are still criticized more than halo. He is also the founder of BTS (bits shares) and Steemit, and are not successful in the project is to develop another project began to flee, many have questioned whether encryption monetary investment in BM only one item after another project of ‘ misappropriating ‘ .\nOver-centralization is the second. The centralized bargaining chip plus the centralized 21 super node mechanism are two important reasons for its over-centralization. According to EOS Browser, the top 100 EOS holdings account for nearly 50% of the total. Such a concentrated distribution of chips will pose a huge threat to the EOS ecosystem.\n\n![image.png](https://cdn.steemitimages.com/DQmYEbPpYCuM9YPvPMFAyZeGP865imXwf76ZJ5sTh6jDCWS/image.png)\nImage for post\nSTAR (Interstellar) innovative DPOS breaks the deadlock\nSTAR is a star project from Silicon Valley. According to the white paper, they have made considerable improvements on the basis of EOS DPOS.\n1.the decentralization of node power. The node is responsible for the generation of new blocks and requires democratic voting to become a valid block, avoiding the possibility of node centralization.\n2. to change the round-sequence block generation to a common block generation to further avoid centralization\n3. to use sharding technology to no longer require excessively high node hardware configuration. Lower the threshold and put public opinion first rather than financial resources first.\n4. the public chain system focuses on the game sector. In the future, it will focus on the high-performance, non-tamperable, oracle, decentralized bidding and game development of the game. The application is the first,and it will refuse any hot market hype. It can be seen that the founding team Perseverance and determination.\n\n![image.png](https://cdn.steemitimages.com/DQmNhSmc999ozCTUDa3cjK6wnufEwLKoQhvZjtKUo5ctcAw/image.png)\nImage for post\nThe most important point is the distribution mechanism: Compared with the Dutch auction of EOS, IGO (Initial Game offering) is more fair and may become another outlet after DEFI.\nIn the era of application as king, abandon the hype of blockchain and see how many surprises STAR will bring us in the future.\nreference:\nEOSPARK.com\nInterstellar whitepaper（i-stellar.io）\n*The market is risky, this article does not constitute investment advice",
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      "permlink": "star-started-its-official-operation-and-another-huge-wave-hit-the-blockchain",
      "title": "STAR started its official operation, and another huge wave hit the blockchain"
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