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A. What is the property rights digitization platform

Property Right Digitization is based on property rights, modeling the property rights entity data, and conducting Identify-Select-Filter-Save-Use. Guide and realize the rapid optimal allocation and transaction of property rights resources, directly or indirectly use data to guide the function of property rights resources, and promote the development of productivity, which belongs to the category of digital economy (Digitaleconomic). The digitization of property rights is based on Chapter 2·Article 215, Chapter 8·Article 297 of the Civil Code Property Rights Section, and Chapter 10·Article 10 of the Civil Code Usufructuary Rights Section. Three hundred and twenty-three and other series of laws. Cross-border combination of property rights, digitalization and smart contracts. It will break the traditional thinking pattern of “whole purchase, sale, rent, and leasing” and subvert the traditional thinking logic of “production, life, transaction, and investment”. The digitization of property rights is a new concept, new business format, and new driving force based on the "digital economy".

Warm reminder: The above explanation is for reference only.
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B. What is blockchain technology? How it is changing business and financial models

Blockchain technology is a distributed ledger technology that allows multiple participants to jointly maintain a Secure, transparent and immutable records. Blockchain technology was originally designed for the digital currency Bitcoin, but is now widely used in many other fields.

The core features of blockchain technology include:

Decentralization: Blockchain has no central control agency, and data is distributed on various nodes in the network, which makes it decentralized. The centralization feature reduces the risk of single points of failure.

Transparency: Transaction records on the blockchain are public to all participants, and anyone can view these records. This helps increase trust and reduce the risk of fraud.

Immutable: Once a transaction is recorded on the blockchain, it cannot be easily modified or deleted. This guarantees data integrity and security.

Smart contracts: Transactions on the blockchain can be automatically executed to implement "smart contracts", which automatically execute corresponding operations when specific conditions are met. This helps simplify complex business processes and reduce costs.

Blockchain technology has had a profound impact on business and financial models, which is mainly reflected in the following aspects:

Reducing costs: Blockchain technology can reduce intermediary links and reduce costs. Transaction costs and operating costs. For example, by adopting blocksCarrying out cross-border payments on the blockchain can significantly reduce remittance costs.

Improving efficiency: The automation and smart contract features of blockchain technology help improve the efficiency of business processes, reduce manual intervention, and reduce error rates.

Enhance trust: The transparency and non-tamperability of blockchain technology help to establish a reliable trust system, reduce the risk of fraud, and provide better protection for commercial activities.

Innovative business models: Blockchain technology has spawned many new business models, such as decentralized finance (DeFi), digital asset trading, supply chain finance, etc. These new business models have brought disruptive changes to existing industries.

In short, blockchain technology, as an emerging technical means, is gradually changing the landscape of business and finance. With the continuous development of technology and the in-depth promotion of applications, blockchain is expected to have a more extensive and far-reaching impact in the future

C. Digital Economic Era: The trend is irreversible

Foreword: The ups and downs of the currency market; the SEC side stated that the trend of financial digitalization is irreversible; SpaceX successfully launched; technology is changing our lives step by step, and the power of technology is rapidly expanding outward at an exponential rate.

Humanity is on the cusp of accelerating change more than at any point in our history. More extreme things will appear that are beyond our imagination.

Digital World

" The basic elements of the entire society will change, production relations will be rebuilt, and blockchain is not only related to computers, but will also change our survival and lifestyle."

With the mature development of blockchain, virtual reality, and artificial intelligence technologies, the material world will inevitably turn to a virtual and digital world. Through blockchain and Internet technologies, knowledge, information, commodities, and assets will definitely be realized in a different way than in the past.

The integration of computers and communication technology has promoted the emergence of the first generation of digital economy; and the combination of computer engineering, numbers, cryptography and behavioral economics will promote The second generation digital economy.

From ancient times to the present, the history of human progress can almost be said to be a process of continuous transformation and upgrading of information transmission, from the invention of writing to the transmission of letters by flying pigeons, from From the invention of printing to the rise of the telegraph and telephone, and the upgrade from wired communications to wireless communications, they have essentially not changed the point-to-point one-way mode of transmission. The rise of the Internet has realized multi-point, all-round, all-weather, and uninterrupted global networking of information dissemination.The significance of life lies in breaking the single center model of communication.

The information network turns every PC, every mobile phone, and every person into a small information center, and the entire society presents a "big center" The trend of "small centers", and the arrival of blockchain technology will bring the entire world into the "polycenter era."

Nowadays, it seems to us that the blockchain is a bit foggy and feels so out of reach. However, blockchain is already quietly transforming the world, and it will eventually reach the point where we can barely breathe.

Technology has been changing our world, from the Internet in the 1990s; to virtual reality 10 years ago; to artificial intelligence now.

Technology has always existed. If it develops silently to a certain extent, the entire society will change.

Computers a few decades ago were more expensive than today’s smartphones. As time goes by, technological advancements will make mobile phones smaller and smaller. More powerful and cheaper.

Blockchain represents a new civilization and new culture.

Its characteristics are:

1. Breaking the relationship with productivity

2. Underground economy, not complying with existing rules

3 , Disrespect for authority

4. Networked trust mechanism

5. Distributed synergy

6. Use value as an incentive

The best way to foresee the future is to create it.

Blockchain is like a comet. In ancient times, comets were commonly known as "broom stars" and were strange objects. In the languages ​​of the Han people and even many other ethnic groups, the appearance of comets among the vulva of the constellations heralds the coming of a period of order reorganization.

In the barbaric growth period of the Internet, it was not the Internet that obeyed the policies, but the policies that formulated policies according to the standards of the Internet. And this time, blockchain is no exception: policy follows technological trends, rather than trends following policy. Mandatory policies will only lead to collapse, and shackles cannot control the trend.

This moment is the present. You and I are in an era of intense and drastic changes. Seizing the moment, you and I are not only witnesses but also participants in the reconstruction of order.

In the Internet era, there is no need to rely on natural resources, powerful relationships, or any rent-seeking games with the government. From the very beginning, the outdated and overbearing state-owned enterprises have been driven out of the competition circle. In the blockchain era, based on the Internet era, not only state-owned enterprises are included in the scope, but also all centralized institutions are included in the scope.

In the Internet era, it is an era of globalization and an entrepreneurial generation under the sun.

In the era of blockchain, it is an era of global decentralization and a generation of pure sunshine.

Today in the blockchain world, it is a once-in-a-century era. Opportunities are like loaches in the river, they can be seen everywhere, but they are not easy to catch. Time waits for me, and I am eager to get to the center.

Openness and closure, Apple and Microsoft, Amazon and Alibaba, are all troubled by this ultimate problem. Only by being open can we go to the world. The world is already good, but it should be better.

Blockchain makes the future open.

The mission of blockchain is to transform the traditional material-based economy and liberate people from the constraints of organizations. In the past, whether it was the traditional or Internet economy, They all take the central institution as the core, and people are the peg of the institution. The focus is on the institution, not the individual.

In the blockchain world, people with unique charm and unique skills will become the ultimate winners in the future, aggregating more personal value and creating opportunities for more valuable people. A unique era for people of value to realize themselves.

Only by releasing the value of people can industrial upgrading occur and a stable social structure emerge. This is what blockchain should do for the world. contribution.

The future

The future must be full of dangers and setbacks. From the time humans explore the world, the pace will never stop. Infinite creativity and incomparable will will ultimately push humanity forward.

No matter how many big companies have appeared now, human beings are still at the dawn of the digital world, and the faint morning light cannot illuminate too far. Blockchain, like artificial intelligence and the Internet, will turn the entire human society into an interesting, bright and transparent laboratory under their promotion.

At this moment, we are all witnesses and participants of this great era., this era deserves our breathless concentration, awe, and full devotion. The future must be a digital world, and it must be our world.

#欧易OKEx# #BTC[超话]# #digital currency#

D. What is blockchain technology and how does it change business and financial models

What is blockchain technology and how does it change business and financial models? Joining the EU and NATO is just a cake-cake given by the West to satisfy hunger. In fact, at least in the current conflict between Russia and Ukraine, and before Russia and Ukraine fail to completely resolve the border issue, the dreams of the EU and NATO are just a dream for Ukraine! In Zhuang Ci's view, the positioning of basic subject research centers should be high enough and can be built on the basis of research institutes or universities with good foundations. The government should provide sufficient and stable support funds. An ideal operating model is to follow the example of Japan. "World's Top International Research Center (WPI)" program.

E. Changpeng Zhao’s latest trends in Binance

On April 27, Binance founder and CEO Changpeng Zhao said at the Financial Times Crypto and Digital Assets Summit on Tuesday , Binance may soon establish a regulated entity in the European G7 countries. Changpeng Zhao said that Binance already has a standard corporate structure (which is a prerequisite for its application for a license) and a holding company, and will disclose more information soon. (Mars Finance).

Do you know that the world’s largest digital currency exchange was founded by our Chinese Zhao Changpeng. If nothing else, one of the largest companies in the world in the blockchain era is definitely Binance. It can also be said that Binance may become a large enterprise like Google or Apple in the blockchain era. This is not an exaggeration at all.

As we all know, the largest unlisted company in the world was Ant Financial, a subsidiary of Jack Ma founded by the Chinese. The largest unlisted company in the world had a revenue of US$200 billion. So, It took only 4 years for Zhao Changpeng to start the company. Even though it was unanimously suppressed and driven out by Western countries around the world last year, it also obtained a market valuation of 200 to 300 billion US dollars that the Singapore government may give.

This is despite the fact that the suppression is not enough, there is still so much valuation. If the Kaiyou global market is restored, then the valuation of 600-700 billion US dollars will be a very conservative one. The figure may be that it is a Chinese-founded enterprise of such a large scale that has not been listed in history. If it develops normally in the future, it is very possible for it to become the Apple of the new era.

A new era of blockchain wealth has begun. Changpeng Zhao announced that in order to establish an entity subject to government supervision, he must first accept the supervision of European governments. This can be said to open up the entire European market, which also means that he can operate smoothly in European countries.It hinders the development of its market because it accepts national supervision, and European governments are also willing to accept its entities.

So think about it, once it was suppressed, the market valuation was still so high, but now it is still able to recover the lost ground. The shocking valuation we can see in reality is just a phase. The results are nothing more than the results, and the next step is how a giant company was born that can fully demonstrate the wealth and historical opportunities in human history. This is also the era of blockchain, which will give many ordinary people an opportunity to start a business, as long as you have the ability to learn and keep up with the trend!

At the same time, the avatars of Huaitian Huaitian and Changpeng Zhao yesterday also appeared in the latest announcement of BTCs that was just updated. There is a text description below, satoshi is a business and financial trend, the largest cryptocurrency in 2022 surprise!

Everyone, please read it carefully, I hope you can grasp the trend and have a future!

F. There are so many public chains, but only a few applications.

Many companies are now developing their own public chains. Entrepreneurial teams are developing public chains, and some cryptocurrency exchanges are also developing public chains. I once saw an entrepreneurial team composed of three young people not only develop their own public chain, but also proposed a new consensus algorithm. However, the current public chain market has a very embarrassing situation. On the one hand, there are endless public chain products, but on the other hand, there are very few public chain projects. Obviously, there is a clear disconnect in the implementation of blockchain products. Of course, the implementation of any new technology will take some time. For blockchain technology, a new technology that fundamentally changes the existing computing model based on centralized technology, its application will take even longer to come to fruition. However, in the process of the current implementation of public chain products, there are still some aspects that can be improved to accelerate the application of public chain technology.

In the current society, there is actually no shortage of implementation scenarios for blockchain applications. Many problems in the market can actually be solved very well by applying blockchain. The strongest point of blockchain technology is the use of completely authentic and transparent information to eliminate fraud, and the use of technology to ensure the smooth completion of multi-party cooperation. If you look at it from this perspective, too many problems in reality can be solved with blockchain. For example, default on personal loans. A major motivation for defaulters is because the cost of default is very low. He can defraud one lender and then defraud another. But if everyone’s credit record is accurately recorded on the public chain, and any individual or institution can check this loan record, then the borrower’s motivation to commit fraud will be much smaller. For customers who have not been served by existing financial institutions, if their various loan records outside financial institutions are accurately recorded on the blockchain, then their personal credit history will be true and credible. . Financial institutions can lend to them based on this credit, because in the process,The cost of credit reference is almost zero, and the high cost of credit reference is one of the reasons why financial institutions are reluctant to lend.

At the company level, there are also a large number of places where blockchain technology can be applied, such as trade finance and syndicated loans. In the securities field, in addition to post-trade settlement, the other most direct application of blockchain technology is the financing process of investment banking projects. Since the gains from going public are huge, it is not uncommon for various participants to take desperate risks and commit fraud at various stages of financing during this process. A major fraudulent aspect of this process is falsification of information. If blockchain technology is used to manage this process, and each participant needs to be responsible for the information they upload to the chain, then each participant's incentive to cheat will be greatly reduced. Even if someone takes the risk and commits fraud, it will be very easy to collect evidence in subsequent legal proceedings, and it will be easy to form a timely and fair judgment.

So why are there so many demands in reality, but why are there so few block-based applications at the same time? In this aspect, there are both mistakes in the general rules of the product and specific problems in the application of blockchain technology.

1. The product does not match the market demand

First of all, the main reason for this situation is the mismatch between the product and the market demand, that is, the lack of Proct Market Fit. Some developers of blockchain technology focus on solving the problems of the blockchain technology itself, while neglecting to solve the problems in the market that their technology should solve. Some public chain projects always promote how good their products are and how many TPS they can achieve. But this selling point itself is wrong positioning. First of all, the measurement indicators of an enterprise-level technology product are not only performance, but also stability, security, permission control and other aspects. Secondly, the evaluation of blockchain technology in the market will first compare it with corresponding centralized solutions. In terms of performance, blockchain-based solutions are absolutely incomparable to solutions based on centralized technology. Therefore, blindly emphasizing performance cannot convince the market to accept this product.

Blockchain technology is best at solving the trust problem in multi-party cooperation. In real scenarios, many such scenarios do not require high performance. For example, the cooperation process of trade finance, or the cooperation process of various institutions in the corporate financing process. These processes focus more on factors other than performance, such as information consistency, permission control, ease of use, etc. If the public chain blindly pursues performance, then it will be completely opposite to the real demand in the market.

2. Highly competitive fields

Another major mistake in the positioning of public chain products is the development of a universal public chain that competes with Ethereum. However, with such product positioning, the possibility of success is extremely low. Ethereum has a lot of problems, it’s well known. but it is alreadyAfter several years of development, it has basically become the default public chain choice in the market. There are too many public chain startup projects hoping to replace Ethereum. In such a highly competitive environment, the chances of winning are very small. In this regard, many public chain teams have made wrong choices. Choosing to join a highly competitive field. This goes against the basic rule of product development, which is to avoid competition. Remember Peter Thiel's advice to avoid competition?

An effective way to avoid competition is to use innovative methods to solve a problem in the market. Because the innovation is not initially accepted by the market, there are not many competitors doing the same thing. When innovative methods are gradually accepted by the market, this innovative product has already occupied a stable position in the market. Other teams can no longer compete with the same products. In this regard, Bitcoin invented by Satoshi Nakamoto is the best representative in this regard. Satoshi Nakamoto's original intention was to issue electronic cash to replace currency in the market. But he did not issue a currency in a way that directly competed with existing currencies. The financial attributes of Bitcoin were not discovered by the market until many years later. It has many users and has begun to pose a huge challenge to the existing financial market. Although imitators continued to appear later, these imitators were no longer able to challenge the status of Bitcoin.

3. Difficulty in changing group behavior

The characteristics of blockchain technology also determine that it is more difficult to be accepted by the market than other products. This is because what it needs to change is a group behavior, not an individual behavior. For example, in the process of multi-party cooperation, if only one party is willing to adopt a blockchain-based solution, but the other parties have no motivation, the solution cannot be promoted. Especially when the original intention of some of the participants is to use the opacity of information to benefit themselves.

So how can we achieve the rapid implementation of blockchain technology?

First of all, I think it is okay to enter the market from a technical perspective, but it is better to enter the market from a demand perspective, that is to say, starting from a specific problem in the market, we analyze how to use the area. Blockchain technology solves this problem. Given the current prevalence of mistrust and fraud in the market, finding such scenarios is not difficult. The second step is to develop it yourself or find a suitable blockchain bottom layer in the market for further development. The bottom layer of such blockchain technology does not necessarily need to be perfect in all technical indicators. It only needs to be able to satisfactorily solve the problem that needs to be solved. Take a look at the current domestic market. Some successful blockchain projects that have received market welcome and capital support are not based on any public chain projects with particularly good technical performance. In fact, these projects only use the most basic blockchain technology. Distributed storage and immutable functionality. But these underlying technologies provide enough for the problems that need to be solvedA good technical solution is enough to create good business value.

The second is not to challenge the strongest existing strengths based on centralized technology. These include clearing in areas such as retail payments, stablecoins, securities and banking. The benefits generated by using blockchain technology in these fields may not be large enough, but the risks and resistance encountered will be very large. Therefore, the application of blockchain technology in these fields needs to be very cautious.

Third, we must use innovative ways to solve existing problems. In this regard, Bitcoin is the best example. Among the many existing problems, existing participants in the industry do not have strong incentives to adopt blockchain due to considerations such as technology, supervision, business habits, costs, time required for application implementation, and risks. The application of chain technology and blockchain technology must find a place that is very innovative and easily accepted by the market. Although the market for this initial application is not large, as long as the business and technical models applied in this area are highly scalable and targeted at a potentially huge market, as long as the project party does a good job in the top-level design of business and technology ( See my related article Top-level Design in the Blockchain Era); in addition, since this innovative method may not be widely recognized, it will not attract competitors quickly, so this method will have enough time to gradually develop. By the time all parties in the market finally discovered the value of this innovative model, it was already too late to compete with and suppress it. This is essentially replicating Bitcoin’s successful model.

G. How big is the commercial implementation space of smart contracts in blockchain technology

Before the blockchain era, Nick Szabo first proposed the concept of smart contracts in 1996: a set of Agreements defined in digital form, including protocols on which the parties to the contract can execute those agreements. The basic idea of ​​a smart contract is a contract (a special transaction) written in code that can be automatically executed (event-driven) on the blockchain.

Since the establishment of Ethereum smart contracts, more than 90% of the contracts have been used to issue tokens, and the implementation of related business scenarios is still promising. What is the future of smart contracts? Here you can take a look at Bytom, which just announced the launch of smart contracts. Bytom, the first public chain project to release an artificial intelligence consensus algorithm at MIT, released a smart contract based on the UTXO model on the 26th after the mainnet was successfully launched in April.

Different from Ethereum smart contracts which are built on the account model, Bytom is one of the first public chains in the entire blockchain industry to build smart contracts on the UTXO model. UTXO has been transformed and deepened to enable it to support the operation of multiple assets. In addition, Bytom smart contracts use its own Equity language, which is a Turing-complete, interpreted high-level language that can easily operate on assets on the Bytom chain and flexibly integrate into various asset business scenarios.

In addition to the release of contract language, Bytom has also released multiple contract templates at the same time. These templates directly carry clear business meanings. From these contract templates, you can directly see the future commercialization scenarios. And can extend imagination to a wider range.

Coin-to-Coin Trading Contract

Through this contract, users can trade multiple assets with others on the Bytom Chain without going through a centralized institution. That is, some assets are locked through contracts, and these assets can only be unlocked when other users deposit a specified amount of designated assets.

For example, a decentralized exchange is built on the basis of a contract, and the two parties who want to exchange different currencies and different assets are directly matched through the contract. The transaction speed is fast and only a very small transaction fee is charged.

Third-party trust institution custody contract

Under this contract template, users can transfer designated assets to a third-party account, and the third party will decide whether to transfer to the designated account or return it original account. The third-party trust custody contract stipulates that the third-party institution can only transfer assets to the designated account or return them to the original account, eliminating the possibility of third-party account theft. In the implementation of business scenarios, it can be expected that in the future, an asset custody platform can be built based on the custody contract of a third-party trust institution to ensure the custody, transaction and circulation of user assets through the dual trust of a trusted third party and the contract.

Mortgage loan contract

That is, the borrower puts the borrowed assets and the lender puts the mortgage assets into the same contract, and the lender obtains the borrower’s assets. If at a certain block height, the lender If the borrower's assets are not returned, the borrower will automatically acquire the lender's mortgage assets.

Call option contract

In this contract, the asset issuer can sell an asset at a certain price, and the buyer can buy the asset at that price. block height, the asset is automatically returned to the asset issuer.

From the above Bytom smart contract design, we can see the following advantages:

First of all, a variety of templates with business meanings provide convenience for the upper layer to build Dapps. It does not require much development to implement certain core business processes; secondly, the smart contracts for assets issued by Bytom all have templates. Compared with writing by different developers, the security risks under standard templates are much reduced. In addition, Bytom will include the calling contract as a sub-contract when creating a smart contract. Changes or errors in the contract template called in the future will not affect all completed smart contracts. This is a safe value for early smart contracts. Extremely high.

We can understand that the Bytom chain using the extended UTXO model BUTXO interacts with assets as a new UTXO form, which not only avoids the data existing in the Ethereum account model The emergence of overflow and other vulnerabilities is also flexible, diverse and controllable.

For Bytom, the release of smart contracts also marks itsThe determination of the core will further promote the commercialization of the project.

H. Let’s talk about Tron’s first mall application in easy-to-understand words: Tron Mall

Use easy-to-understand words to talk about Tron’s first mall application. A mall application: TRON Mall

1. TRON and Justin Sun

Speaking of TRON, the information introduction is as follows: TRON is a A blockchain project with a grand vision, committed to building a truly decentralized network and building infrastructure for it.

Its operating system: THE TRON PROTOCOL is one of the largest blockchain-based operating systems in the world and is a decentralized application within the TRON ecosystem. (DAPPS) provides underlying public chain support with high throughput, high scalability and high reliability.

In July 2018, TRON invested heavily in acquiring BITTORRENT, further consolidating TRON’s leading position in the journey of building a “decentralized ecosystem”.

As of now, TRX (TRON) ranks eighth in the world’s cryptocurrency market capitalization, and will reach fourth place in the world in 2019.

If you are uncomfortable reading the above official article, you only need to have this impression: Tron is an ecological estate with fertile land in the blockchain world, full of various crops. As long as you have Seeds and seedlings can be planted here and left to grow.

About Sun Yuchen, some say that he is a young man who has achieved success, while others say that he is a shameless brat. The information on the Internet is always confusing and therefore not credible. Can we judge this: a public figure lacks a standard portrait of himself, but it proves that he has not deliberately created a personality, and some people, with a public image that has not changed for thousands of years, are often exposed in the end as being fake. Therefore, for Sun Yuchen, everyone just regards him as a post-90s generation who wants to do great things. This is no different from ordinary post-90s generation. It's just that since he became famous at a young age, he has received more media attention and has more resources than ordinary people.

2. TRON MALL

TRON MALL is the first blockchain mall on the TRON mainnet. Main functions: Use TRON currency (TRX) as a payment carrier, establish a TRON credit system, open up global fiat currency channels, launch TRON crowdfunding, TRON OTC transactions, TRON flash sale, TRON auction, TRON life, TRON Lending, TRON shopping and other functions.

TRON MALL is not only a practical application in the blockchain industry, but also has a complete TRON ecosystem, leading functions, and innovative concepts to connect with outside blockchains. huge market. The goal is to become the first company with over 100 million users and 100 billion profitsThe implementation of blockchain applications.

As mentioned before, TRON, a large farm, is full of valuable crops, and TRON MALL is the first shopping mall application. Its birth not only has innovative significance, but also has the mission of returning value. In layman's terms, Tron Mall was born for every ordinary person to get rid of capital oppression. Through the following story of the inventor of the Internet, everyone will have a deeper understanding of TRON Mall -

The inventor of WWW and the 2016 Turing Award winner TIM BERNERS-LEE once issued a statement in 2017. : The internet he invented is veering off its original course.

Initially, when TIM BERNERS-LEE created the Internet, the Internet was a completely decentralized platform where anyone could create content, web pages, websites and freely connect with other people.

Today’s Internet has grown from a simple sharing network for academic research into a behemoth that dominates commerce, communication, entertainment and information.

The power structure of the Internet is also changing. There is no doubt that the Internet no longer belongs to everyone, but to large companies with more than 100 billion US dollars that define the rules of the Internet, AMAZON, FACEBOOK, GOOGLE, APPLE, and in China, there are ALIBABA, TENCENT, and BAIDU. These industry giants have profited from the huge amount of data created by billions of users around the world, deprived users of data ownership, and used users to make huge profits, forming exploitation centers that appear to be progressive but are actually corrupt.

People have ethics, and technology also has its own ethics. When the traditional Internet is monopolized by greed, new blockchain technologies and concepts emerge. Since its inception, blockchain has been regarded as a subversive of the current monopoly of the centralized Internet. From the distributed technology architecture to the return of user value, to the transformation of the token economy and production relations, it has the ability to comprehensively subvert the existing monopoly Internet.

However, due to the innate financial attributes of blockchain such as tamper-proofing, most projects are busy with capital operations. Some of these illegal operations have broken the trust of society, triggered regulatory intervention, and had a negative impact on the entire industry. . Therefore, there has been no real implementation of applications in the industry, leading to ups and downs in the industry, and there has been no breakthrough in implementation.

This was the industry background before the launch of TRON MALL. The current period of time is the public beta stage of the mall. After the official operation, the mission of decentralization will mainly focus on three centers:

Decentralization of interests means that TRON Mall will allocate platform profits to Share with participants.

Decentralization of operations means that all TRON Mall data will be transparent, and through valueCommunity management and operation.

Decentralization of technology refers to the fact that TRON Mall operates on the TRON mainnet with high TPS and stores data in a distributed manner.

3. Application scenarios

TRON MALL brings powerful commodity trading functions such as TRON auctions, TRON flash sales, and TRON micro-stores.

TRON Auction provides project parties and individuals with a convenient digital currency auction platform.

In TRON flash sales, you can snap up a large number of cost-effective products.

In the TRON Micro Store, everyone can open a store without restrictions, stay away from a series of morbid products of the Internet such as through trains and store fees, and sell goods conveniently.

The grand launch of TRON MALL has given great significance to the existence of blockchain and digital assets.

In addition, there are crowdfunding areas, TRON PAY, lightning OTC transactions, TRON credit, TRON lending, TRON idle, TRON financial management, TRON life, TRON games, The 10 major functional scenarios such as the fork scheme will not be described in detail here.

4. Development plan

The development plan of TRON MALL is divided into three stages, and the overall development plan is a 3 to 10-year construction plan:

1. CREATION / START 2019.2.15

Launch planning functions one by one, recruit 50,000 core community members who love and understand the blockchain field, and jointly promote the development of the platform and achieve the goal of the platform Dividend profits exceeded the target of over 100 million.

2. LEAP / START 2020.2.15

The number of core community members has increased by 200,000, strengthening the core competitiveness of the platform, and achieving a platform profit breakthrough with comprehensive implementation functions Ten billion target.

3. NEW WORLD / START 2021.2.15

Achieve the goal of platform profit exceeding 100 billion, issue Tron Mall platform TOKEN, and lead the global outbreak of the token economy.

Stages

TRON MALL will use its efforts in the next 10 years to lead the blockchain to realize its value step by step.

The above briefly introduces TRON MALL to everyone. What needs to be reminded is that this is a unique landing application in TRON and is a must-have for everyone.An ideal place where ordinary blockchain people can create value just by shopping. Still using the metaphor above, the land here is fertile, the ecology is excellent, the infrastructure is advanced and complete, and it is suitable for the growth of towering trees. Of course, it takes time for big trees to reach the sky. As long as everyone has a deep understanding, a slow pace, and an optimistic heart to welcome the blockchain era, we can discover the beauty of the mall.

I. Community consensus determines Token value

Harvest attention and achieve hundreds of shares.

In the classical Internet era, every investor hoped that he could invest in stocks that doubled his shares or stocks that doubled his investment. Tencent and NetEase have become representatives of 100-fold stocks by gathering users’ attention.

Hype concept, Meteor Hundred-fold Coin.

In the blockchain era, the madness of the currency circle in 2017 gave birth to many ten-fold coins and hundred-fold coins like meteors. After a summer of feverish concept hype comes a cold winter.

Things without value will eventually turn into dust.

Take the content platform as an example. When there are loopholes in the system of a certain platform (such as Huoniu Video), resulting in a group of large and small accounts spamming each other's content, they can get incentives and get more likes. After the Party and the Wool Party become a climate monopoly, high-quality content creators will not be discovered and incentivized, and the entire platform will gradually become a platform carrying garbage, and eventually the value of the platform will collapse.

Can a Token with a market value of 10 billion or 100 billion be created by gathering the consensus of 1 million people?

How many transactions can be circulated for community tokens mainly depends on the value created by the community? How big is it? how long? How wide is it?

How much value a community Token can create depends on the quality and quantity of its members.

The quality and quantity of community members come from the willingness of the community.

The willingness of the community determines the charm and attraction of the community.

The charm and attraction of a community also depend on the consensus of community members.

The consensus of community members is formed through experience, participation, co-creation and sharing.

Quoting a passage from Dr. Guo Shanqi about blockchain and consensus.

Dr. Guo said that the blockchain is a magical bird with the characteristics of "one body and two wings": "one body" refers to the concrete consensus, and "two wings" are the ledger (distributed) and Token.

Consensus is the unanimous opinion of a group of people on a specific issue or problem during a specific historical period and in the process of economic activities. This group of people may be a community, such as the green blockchain community, or they may be people from a region, people in a village, people in a country, people in a society, in short, they are a group of people.

Therefore, "consensus" includes two core elements: 1. Trust based on subjective will; 2. Credit under objective circumstances.

Dr. Guo also gave a more abstract but more fundamental definition of what "credit" is: to evaluate the performance of an economic entity during its economic activities during a specific period of time. A measure of the uncertainty faced.

Human beings are constantly on the move

Columbus’s voyage and discovery in 1492 caused a sensation in Spain and Europe. The King and Queen of Spain also officially confirmed all the rights granted to Columbus by the Santa Fe Agreement.

After the discovery of the New World, gold and silver continued to flow into Europe, and Europeans continued to migrate to the Americas, setting off the third climax in the history of human migration.

After the popularity of the Internet and mobile Internet, one billion people in China have gradually migrated from real life to virtual networks, spending more and more time staring at mobile phone screens and computer screens every day. As leeks in the information age, netizens are born to be harvested and continue to thrive, thus creating Internet giants such as Google and the Internet.

Time is money, and attention is value. Until the birth of Bitcoin, the blockchain, and the development of the ETH community and the EOS community, the overlapping identities of creators, consumers, and investors became a trinity. feasible.

So, what kind of community, what kind of consensus? Can we unite tens of millions of people to move to the blockchain?

Welcome to express your views and opinions:)

J. Is it true that 7-nanometer chips are being mass-produced in Hangzhou?

7-nanometer chips are being mass-produced in Hangzhou The product is real.

The world's first press conference for successful mass production of 7nm chips was held in Hangzhou. Mr. Chen Guanglei, secretary-general of the Zhejiang Semiconductor Industry Association, in his speech affirmed the excellence of Canaan's 7nm chip mass production for the global semiconductor industry. Contribution, Canaan mass-produced earlier than industry giants like Apple and Huawei. Chairman Chen also explained from a professional perspective the strategic significance of China's innovation and entrepreneurship in achieving mass production of 7nm chips, so 7nm chips are real.

China News Service, Hangzhou, August 10 (Su Zhong Award, Yan Ningyuan) Computing changes the world and connects the future with cores. On the 8th, Hangzhou Canaan Intelligent Technology released a new mass-produced 7-nanometer chip. Chen Guanglei, Secretary-General of the Zhejiang Semiconductor Industry Association, Shao Xiangrong, Vice President of Zhejiang Tsinghua Yangtze River Delta Research Institute and Dean of the Hangzhou Branch, and Kong Jian, Co-Chairman of Canaan Intelligent Technology Equality officially unveiled the 7nm chip.

Hangzhou Canaan Yunzhi is known as the dark horse in the semiconductor field in Hangzhou. It is a company focusing on the blockchain industry.An enterprise engaged in the research, development, design and production of blockchain and artificial intelligence integrated circuit chips and their derivative equipment. Chen Guanglei, secretary-general of the Zhejiang Semiconductor Industry Association, said at the press conference that Canaan's mass production of chips with super computing power, miniaturization, low power consumption and high quality has far-reaching significance for the development of Zhejiang's semiconductor industry and China's innovation and entrepreneurship strategy. .

It is understood that Canaan Yunzhi was founded in 2013, specializing in the design and sales of high-performance integrated circuit boards, and has won awards from Zhejiang Tsinghua Yangtze River Delta Research Institute, Baopu Investment, Hundreds of millions of yuan of investment from Jinjiang Group and other institutions. Since Canaan successfully developed and mass-produced 110nm chips in 2013, it has successfully developed 28nm, 16nm, and 7nm chips within 5 years, and is known as the global leader in blockchain repetitive computing.

In 2015, "Canaan Intelligent Intelligence" designed and mass-produced supercomputing chips, shipping nearly 10 million units, accounting for more than 30% of the global new market, and reaching the world's advanced level in the industry. At the same time, the related software and hardware of the blockchain computing equipment independently developed by "Canaan Intelligence" has obtained nearly 20 various intellectual property rights.

This time, Canaan's 7-nanometer chip consumes 60% less energy and reduces the core manuscript volume by 70% compared to equivalent chips. Its computing power and computing speed will be fully improved, making it a leader in the industry. occupy a favorable position in the competition. Yin Haipeng, deputy director of the Hangzhou branch of the Yangtze River Delta Research Institute of Tsinghua University in Zhejiang, believes that Canaan is the most potential filial piety unicorn company in Hangzhou and will become the golden business card of Hangzhou like Alibaba.

At the press conference, engineer Luo Yan believed that in the smart era, "future TVs will make money," and blockchain supercomputing technology will also empower traditional home appliances. Provide entry-level solutions for the future integration of artificial intelligence and blockchain in the field of home appliances.