Month: March 2021

How do we carry out the rules for storing, accessing and utilizing data in today’s life? Many people need to spend a lot of time accessing data every day, and the data we access is mainly stored on a central server. This centralized model rules the world of data storage today. With the spread of decentralized innovation, some interesting alternatives have emerged. In the HTTP protocol, in order to avoid the continuous erosion of data and improve transmission efficiency, people began to build more complete large-scale central servers (Baidu Cloud, Alibaba Cloud, Amazon Cloud, etc.), and store the data in them. This solution will be in a short period of time. It seems to be very effective, but the highly centralized management has created a series of new problems. IPFS, a hyper...

Last month, Coinbase’s direct listing was officially approved and its shares will soon be listed on Nasdaq. As the world’s No. 1 cryptocurrency trading platform, all eyes are on Coinbase’s landmark U.S. stock market listing. After six rounds of financing, Coinbase’s current valuation has exceeded $77 billion. Through its direct listing, Coinbase is expected to drive positive developments in cryptocurrency legalization and compliance, ushering forth a new level of adoption for blockchain technology. The cryptocurrency market, which was is already considered to be in a bull market, has rallied forth a new wave of market optimism in the wake of Coinbase’s direct listing. This synergy between traditional financial markets and the cryptocurrency universe will revolutionize the blockc...

A so-called term “Defi” took everyone in the blockchain business away last year, not only making decentralized exchanges overtaking the trading throne from the old cryptoexchanges, and had a great impact on Ethereum, but also made ordinary people aware of that there’s other things than Bitcoin in the blockchain industry. DeFi means “Decentralized Finance”, it appeared first at the end of 2017, Fusion proposed the concept of “Crypto Finance” in its official whitepaper, and began to focus on building digital financial technical facilities. Over the years, more and more crypto-projects have focused on this field and gradually evolved the concept of “Defi”. The so-called “Defi”, in short, is to make full use of blockchain technology (including smart contracts, decentralized asset custody, ...

Today, Defi locked in over $40 billion of assets, a nibble of share, compared to the market cap of crypto assets $1.2 or so trillion. In traditional finance, the traditional derivatives market is worth hundreds of trillions of dollars, and the crypto market as a whole is less than 0.1% of its asset size, even the combined wealth of the people at the top of the pyramid is five or more times larger than total assets of the entire crypto market. Yet this is an opportunity for DeFi to grow. According to statistics, the total number of DeFi users has outpaced 1 million. Among them, the figure for Uniswap users soared to 586,000, taking the crown on the list with 58.6%, followed by Compound with 254,000, Kyber 110,000, 1inch 43,000 and OpenSea 33,000, respectively. (Total DeFi user...

APC is an open source software designed and released by the world’s public welfare organizations and the P2P network built on it. It is a blockchain for promoting public welfare. It is built by Apollo ecological APC Public Welfare Alliance and launched by many countries around the world at the same time. It aims to build a more open, transparent, reasonable and trusted public welfare platform around the world. APC uses the characteristics of blockchain technology, such as traceability, non tampering, data encryption and security, to realize the whole process of information and behavior certification in the process of public welfare, and stage traceability and audit in the whole cycle of public welfare. To realize the whole process management, tracking supervision and effective supervis...

With the launch of the OKExChain testnet, the time to launch the mainnet is getting closer. KingSwap, as a distinctive smart flash swap protocol on OKExChain, has also attracted most attention of the global community. Deflation + Aggregation KingSwap Completes the Ultimate Value Capture Decentralized finance represents the future development direction of the digital economy. The founding team of KingSwap realized that there is no complete one-stop solution on OKExChain for the custody and multi-party exchange of cryptocurrencies. KingSwap is the world’s first innovative NFT token. It is a model of transaction value and can feedback to governance. It is also a converged decentralized finance (DEFI) intelligent flash swap solution. KingSwap allows individuals and institutio...

The annual PAI Day on March 14, 2021 came as usual. To thank PAI enthusiasts for their continued support, Project PAI core developers launched an AMA campaign through the community and gave millions of airdrop rewards back to PAI contributors and community members. The following are the selected AMA questions, enjoy: Q: Why do I feel like the Project PAI Team has been quiet for a while? What has been done by Project PAI in the past year? What is the recent work plan done by Project PAI? Will there be plans to support DeFi and NFT? A: In October 2020, PAI switched from a conventional PoW-style blockchain to a new PoW/PoS Hybrid Consensus model. The current primary focus of the PAI Core Contributors is to ensure that the PAI blockchain is stable and reliable, so that PAI Hybrid Co...