What Makes CSC an Exceptional Public Chain?
May 2022 had been a heart-stopping ride for the crypto market. Most of you have heard about the recent meltdown of Luna, a cryptocurrency released by Terra. With a peak market cap of over $40 billion, the project suddenly slumped, and the price of Luna dropped from $90 to less than $0.00015 within a few days. The plunge of Luna, which was formerly one of the top 3 stablecoins, far exceeded the price drops of altcoins out there. Meanwhile, investors holding Luna also suffered heavy losses, and many have lost millions. In nearly a month since the Terra meltdown, Terraform Labs recently....
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With the development of the public chain and the growing adoption of blockchain technology, public chains initiated by crypto exchanges are getting more attention. Relying on the advantages of the exchange’s cutting-edge technology team, the exchange public chain has differentiated itself clearly from the rest. KuCoin Community Chain (KCC) has been established for more than a year. As a community-driven chain of the well-known exchange KuCoin, what is the value behind KCC? An in-Depth Look Into KuCoin Community Chain (KCC) On June 16, 2021, KuCoin Community Chain (KCC), a....
George Galloway, London, U. K. mayoral candidate who is using block chain technology in running his 2016 campaign, has called for the city to adopt block chain technology to provide full public accountability of government business. Galloway was scheduled to present his outline for London's future today at the Railway Tavern in Liverpool Street. He was to be joined by Max Keiser, host of the "Keiser Report." Galloway and Keiser are promoters of MayorsChain, an initiative to use the block chain for managing government business. The Public's Right to Transparency. "Since governments spend....
Unmarshal, a Multi-chain DeFi data indexing network, makes another grand move by releasing a multi-chain explorer with support for Ethereum, Polygon and Binance Smart Chain. The multi-chain modeled for investors, developers, or even exchanges functions as a decentralized data querying tool for interested parties as it indexes blockchains from genesis block to the latest block. […]
R3, a bank consortium working to create industry standards for using block chain technology in banking, has released a paper claiming efforts to modify public block chains to secure off-chain assets using colored coins and metacoins do not provide secure, legal settlement finality of those assets. Titled "Watermarked Tokens and Pseudonymity on Public Block Chains," the paper argues that a distributed public ledger that secures off-chain assets cannot be both legally authoritative and censorship-resistant. Written by R3 researcher Tim Swanson, the 78-page paper goes into a lot of detail on....
Bitcoin was designed to be a decentralized and trustless payment network - with the power to do this provided by the block chain and its ability to publicly confirm the digital currency's digital transactions. Rather contentiously, however, as the bitcoin economy expands, more and more transactions are being carried out off the block chain. Such transactions are tracked on private databases instead of the block chain, and cannot be publicly tracked. There are pros and cons to both systems. So, which are better? Off-block chain or on-block chain transactions? Visible payments. Legitimate....