Why choose Boca (who developed Boca)
Why choose Polkadot is a multi chain blockchain platform that mainly solves the problem of lack of interoperability between blockchain and the Internet. In the past few years, many projects have completed cross chain functionality, parallel threading, and smart contract calls. However, due to technological differences, Poka is not a perfect solution, and it also has various problems. So why choose Boca Because we strongly agree with Boca’s vision, Boca is a decentralized network architecture aimed at providing scalability for future Web3.0. And this vision is to achieve the core goal of “Internet of Things” and ultimately create a new digital economy So Poka has great potential: it can become a bridge connecting the real world and the digital world; It will enable developers to create their own applications and products so that they can use these new applications on different networks. All of this can be accomplished through Poka. In the long run, Poka has built a series of disruptive projects, including DeFi, NFT, etc., and Poka also provides a new way for developers to write their own code, thereby lowering the threshold for developers, improving efficiency, and reducing costs In order to achieve this goal, Polkadotv adopts the Substrate framework, which is Polkadotv 0.9.0 version This is a fully untrusted and unlicensed network protocol built on the Substrate language. Therefore, it can not only serve as a complementary infrastructure for any existing or emerging technology, but also for other purposes, such as sharing security, privacy, and data management. In addition, Polkadot will allow developers to integrate their smart contract modules into their systems using the APIs and SDKs in the software toolkit So let’s imagine that without Substrate, I wouldn’t think blockchain would be more like an infrastructure than before. But as time goes on, we will see more and more projects entering this field. That’s why we decided to invest in DOT. 1. Advantages of Poka: 1. It has extremely strong security. 2. Poka has high performance. But currently, it is still in its early stages and requires some improvements. For example, validator nodes can directly transfer funds and assets between parallel chains without the need to pay fees. 3. Boca itself has a strong consensus mechanism: each parallel chain has functions independent of other chains, such as governance and sharding The Boca team is actively exploring the establishment of more ecosystems and hopes to bring more possibilities to Boca. When asked which public chain do I value, I will answer the first question:
1. What is the core part of Poka
Who developed Poka
Editor’s note: This article is from Babbitt Information (ID: bitcoin8btc), authored by Kyle, and published under authorization by Planet Daily Polkadot is a decentralized blockchain network launched by the Web3 Foundation in July 2018. The goal of this project is to become the first fully open source and unlicensed network composed of developers. Who developed Poka? Who owns this network Dr. GavinWood told the media, ‘I am very clear about all of this,’ he explained. ‘We know that Kusama and Kusama both have a common name – Gavin.’ Gavin is pleased to announce his team members and hopes to provide them with something. According to his statement, Gavin describes himself as a software engineer, but does not mention any information about his technical background or personal identity. If you are interested in joining our community, you can think of it as a toolbox, “he added, If someone wants to create such an architecture, it’s Substrate. “” That’s why I started doing these things at the end of 2017. So I think this transformation happened when we were creating a part of this situation, because many people were just for convenience and ignored some other things. “But Gavin also said, The companies behind Poka do not really care about the specific content of the Codebase – they are only responsible for maintaining software, managing applications and other infrastructure Gavin revealed that, “You won’t expect Polkadot to achieve real cross chain transactions, because they are based on Ethereum and can interoperate with Bitcoin.”
“I want to tell you that I don’t know how to define Polkadot. However, I think PolkaWorld does know that Polkadot is a very interesting story. It is the next generation of Internet. Its vision is to make people communicate and communicate in a more relaxed and meaningful way.” In addition, When a person wants to establish a new blockchain, they must build it through Poka At present, there is not enough funds to support Poka. However, I believe that over time, more people will participate in this ecosystem, such as enterprises or institutions that want to build parallel chain and smart contract platforms. Therefore, we should not only focus on solving these problems, but also focus on other aspects. Just like our first token sales in 2014, “he said.
This article and pictures are from the Internet and do not represent Fpips's position. If you infringe, please contact us to delete:https://www.fpips.com/21943/
It is strongly recommended that you study, review, analyze and verify the content independently, use the relevant data and content carefully, and bear all risks arising therefrom.
Recommended articles
-
SmartPay’s Swapix Launches Pix Withdraw Function
On March 3, the Swapix solution of Smartpay launched the Pix Withdraw function, which can be used to send and convert between Tether and Brazilian real using P…
-
Telegram’s TON Project Launches Bidirectional Bridge for Ethereum Transactions
According to reports, Telegram blockchain project TON has announced the launch of a bidirectional bridge, providing seamless transactions between Ethereum and TON. Justin Hyun, the
-
When will okcoin close (what is okcoin like)?
When will okcoin close? According to the announcement from OKEx, according to Si
-
What currency is cgc (what digital currency is cgc)
what currency is cgc According to cryptoglobe, CoinGecko, a decentralized trading platform based on Ethereum, announced that it has reached cooperation with and provided support for Cgc. According to the announcement, the platform will issue a token completely controlled by the community and freely convertible into Cryptocurrency such as Bitcoin and Litecoin. When transferring funds for users, they can use these tokens to exchange for other assets, earn profits, and automatically convert into legal currency through smart contracts. In addition, in order to enable more people to understand what type of Cgc is, it is also hoped that more investors can participate and improve the value of their investment portfolio allocation What is cgc digital currencycoinGodCoin (CGC) is a digital currency based on Ethereum network. Its characteristics are that it can be used to pay transaction costs, exchange cash or invest in Fiat money; In addition, it can also be used for purposes such as purchasing goods and services It…
-
New Digital Asset Market Structure Rules: What You Need To Know
On April 21st, it was announced that the US House of Representatives and Senate have jointly formulated a bill to establish new market structure rules around digital assets. This b
-
What is the process of blockchain crowdfunding (how blockchain issues coins for crowdfunding)
According to 360 blockchain news, the first national equity crowdfunding platform, “Zhongzhengtong,” jointly initiated by Shanghai Wanxiang Holdings Co., Ltd. and Zhejiang Crowdfunding Investment Management Co., Ltd., will be launched on February 10, 2020. In terms of crowdfunding process: the first step is registration; The second step is to apply for company qualification certification and complete the work of changing the business information of the enterprise. The third step is to fill in the filing information and relevant proof materials (such as the original and photocopy of the ID card); The fourth step requires submitting documents through the initial account. Finally, it is necessary to go through risk control review and issue an invoice How to use blockchain coin crowdfundingBlockchain coin crowdfunding is currently the most common method. Crowdfunding is the use of tokens to raise funds within a community and promote project development by issuing tokens The essence of crowdfunding is a way to create a negotiable and usable…
-
Circle Works to Restore Liquidity Operations of USDC
as report goes, Circle, the stable currency issuer of USDC, stated in a blog post: “Since the collapse of Signature Bank and Silvergate Bank, our team has been working around the clock to restore the liquidity operations of USDC, including the introduction of new trading banking partners. We started processing casting and redemption requests on Monday morning, March 13th local time, when the US banking system reopened and is currently processing a backlog of requests. We have more work to do here, including adding a 24/7/3 “On March 13, local time, Circle redeemed $2.9 billion of USDC and forged $700 million of USDC as a new trading banking partner with 65 functionality.” Circle: Efforts are being made to restore USDC’s liquidity operations, including the introduction of new trading banking partners Analysis based on this information:In a recent blog post, Circle, the stable currency issuer of USDC, reported that its team has been working tirelessly to restore the liquidity operations of…
-
Agility Attracts Over $276 Million in Liquidity Pledges in One Week
On April 17th, according to data disclosed by blockchain data analysis company Nansen, Agility has attracted $276 million in liquidity pledges in just one week. In the past 24 hour
-
ARK Invest Increases Holdings in Coinbase Stocks by $3.82 Million
According to reports, data shows that since April 11th, ARK Ark Fund has cumulatively increased its holdings of 64704 Coinbase stocks (COIN), valued at approximately $3.82 million
-
Poolz Finance Explorer Transfers $391,600 to Tornado Cash
According to reports, according to CertiK monitoring, the black address 0x190Cd marked as “Poolz Finance Explorer” by Bscscan has transferred funds to Tornado Cash. To date, Poolz Finance attackers have transferred 1184 BNBs (approximately $391600). The black address marked “Poolz Finance Explorer” by Bscscan has transferred funds to Tornado Cash Analysis based on this information:According to recent reports, CertiK monitoring has revealed that the black address 0x190Cd, marked as “Poolz Finance Explorer” by Bscscan, has on 24th May transferred funds to Tornado Cash. The incident has once again brought the security of the DeFi space under scrutiny, and it is important to decipher what it means for the crypto industry. Before we analyze the implication of the event, it is essential to understand the background of the two platforms involved in the transfer. Poolz Finance is a decentralized swap platform that enables investors to take part in private pre-sales. The platform had experienced a cyber attack in mid-April, which compromised…
-
Astar’s Reward Proposal for WASM Smart Contracts Approved
According to reports, Astar said that its WASM smart contract reward proposal has been approved, and the team alliance will encourage, promote, adopt and devel…
-
IMF Warns G20 Countries of the Risks of Encrypted Assets
It is reported that the International Monetary Fund (IMF) has warned G20 countries that the widespread use of encrypted assets may cause banks to lose deposits and reduce loans. The report said: “The widespread use of encrypted assets has brought huge risks to the effectiveness of monetary policy, exchange rate management, capital flow management measures and fiscal sustainability. In addition, central bank reserves and the global financial safety net may need to be changed, resulting in potential instability. Finally, banks may lose deposits and have to reduce lending.” The report also pointed out that, “Although the importance and relevance of specific risks vary from country to country, there are many risks in encryption assets.” However, despite the “significant risks, encryption assets have developed technologies that can be used by the public sector to achieve their own policy objectives”. IMF: The widespread use of cryptocurrency may cause banks to lose deposits and reduce loans Analysis based on this information:The International Monetary…
-
Chainlink Enables Secure DeFi Market with rETH/ETH Feed
According to reports, Chainlink’s official social media account posted an article saying, “We have provided rETH/ETH with a feed on Ethereum to establish a secure DeFi market around Rocket_Pool liquidity pledge tokens.” Chainlink: has provided a feed price to rETH ETH on Ethereum Analysis based on this information:Chainlink, a blockchain platform focused on building decentralized oracle networks, has recently confirmed through their official social media account the provision of a feed on Ethereum for rETH/ETH. This initiative aims to establish a secure DeFi market around Rocket_Pool liquidity pledge tokens. Chainlink’s decentralized oracle network provides reliable data feeds for smart contracts, offering transparency, authenticity, and security to ensure credibility and safety for users. Decentralized Finance, known as DeFi, is a decentralized ecosystem built on top of public blockchain networks that enable permissionless and transparent financial services. By providing a feed on Ethereum, Chainlink enhances the credibility and reliability of DeFi markets around Rocket_Pool liquidity pledge tokens, building trust among users and…
-
The Rise of Ethereum Layer 2 Network’s Arbitrum Chain: A Comprehensive Analysis of its Growth
According to reports, according to the latest data from Dune Analytics, the total number of accounts created on the Ethereum Layer 2 network\’s Arbitrum chain has exceeded 5 million
-
Taiko Unveils Roadmap for Ethereum ZK-Rollup Expansion Plan
It is reported that Taiko, the expansion plan of Ethereum ZK-Rollup, released a road map and plans to launch the Alpha-2 test network this month, which include…
-
Wallchain Secures $2 Million Investment Led by Cypher Capital for Anti-MEV Research
On March 16th, Wallchain, an anti MEV solution provider, announced that it had received a $2 million investment led by Cypher Capital. This investment will be used to promote Wallchain’s in-depth research on Web3 to achieve revenue growth and launch new MEV solutions. Cypher Capital is a cryptocurrency investment company headquartered in the United Arab Emirates, covering venture capital, nodes, mining, and more. Wallchain, an anti MEV solution provider, received $2 million in investment Analysis based on this information:Wallchain, an anti-MEV (Maximal Extractable Value) solution provider, has recently announced that it raised $2 million in investment led by Cypher Capital. The investment will be used to fund Wallchain’s in-depth research on Web3 to achieve revenue growth and launch new MEV solutions. MEV refers to the potential profit that can be extracted from a blockchain transaction. This can be done by placing a transaction in a certain order or adding some additional information to the transaction. As a result, MEV has…