PlugChain

  oreword: On May 21, Ethereum co-founder Vitalik Buterin published an article titled "Don't Overload Ethereum's Consensus". The article states that it is against overloading external applications and protocols into the Ethereum consensus because it poses high risks to the ecosystem. Although it is low-risk to reuse verification nodes for other purposes (such as: the ultimate oracle , the re-pledging agreement represented by EigenLayer, etc.), trying to use the Ethereum social consensus to achieve the purpose of the application itself is high-risk and should boycotted. Therefore, Vitalik Buterin said that we should adhere to the minimalism of the blockchain, and be wary of application layer projects expanding the "scope" of the blockchain consensus to verify anything other than the core Ethereum protocol rules. This article focuses on the topic of language machines. . The "oracle " in Vitalik Buterin conception In Vitalik Buterin's article, t...

 On May 13, 2023, the “CITEX Bangkok DAO Crypto Party” hosted by CITEX, organized by Meta Media, and co-organized by UnionPay, Noah’s Ark, and Taikula was successfully held in Bangkok, Thailand. This event attracted encryption industry enthusiasts and practitioners from mainland China, Hong Kong, the United States, Switzerland, Hungary, Vietnam, Malaysia, Thailand and other regions to come from afar to provide encryption industry enthusiasts and Web3.0 entrepreneurs from all over the world It provides a good resource docking bridge and helps more Crypto projects integrate into the Thai market. In addition, this event invited PlugChain, Near, Conflux, Cointime, Feixiaohao, Blockbeats, EthereumFair, KOCODAO, 7o’clockCapital, ChainCatacher, ChainTimes and other organizations and related leaders, and more than 100 people participated in the event. Among them, PlugChain, the invited public chain project of this event, shined brilliantly at the event site. As an aggregated cross-chain or...

On May 9, 2023, PlugChain officials and PlugLabs officials were invited to participate in an energetic and passionate offline event in Thailand — HABIT WEB3 BUILDERS PARTY-THAILAND MEET-UP. The event is hosted by HabitTrade, with DeBox Global as the main sponsor, and PlugLabs, Cosmos, FDO Finance, EthereumGold, ChainCatcher and CoinTime as co-sponsors. The purpose of this event is to invite many friends who are interested in the Web3 industry to discuss the future development of Web3. The host James guided the atmosphere of the whole event with his unique insights and enthusiastic hosting style, making the participants full of expectations for the future of Web3. At the same time, in this event, many participants spoke one after another, and put forward many novel ideas and innovative viewpoints. Both the discussion about Web3 and the expectations for the future are full of positive attitudes and visions. During the process of interaction and communication, the participants fully demon...

  Summary: Genius or Psychotic Foreword: The recent PEPE has been on the hot topic list, which has changed the “tepid” market status and rekindled the dream of users to get rich overnight with MEME coins. But MEME coins are a very dangerous cryptocurrency because they originate from Internet culture. In other words, price action depends on whether MEMEcoin can remain relevant by driving hype or support from the community, which itself lacks fundamental value. On the other hand, the launch of the SUI mainnet has opened a new chapter for the narrative of the public chain. Judging from the popularity of the market, it seems that MEME has stolen the limelight, but its ever-increasing public chain ecology also shows the development potential of SUI. On the one hand, there is a frenzy of MEME coins, and on the other hand, there is a low tide of “falling into silence” in the public chain. It seems that the two planes of ice and fire, but what traps and business opportunities are hidden? F...

  Dear PlugChain Community:   The April monthly report of PlugChain is released today. Let’s see some progress of PlugChain in April!   1. Operation   1. On April 3rd, PC officially opened PC/USDT trading in the MExCGlobal Innovation Zone at 18:00 (UTC+8) on the same day. The opening price was 0.002 USDT, and the highest transaction after the opening was 0.004916 USDT, with a maximum increase of 145%.   2. On April 3rd, the PlugChain Chinese area launched the "Buy PC, Get Airdrop" activity. PCs equivalent to 3,000 USDT will be rewarded to 20 people based on the "Tickets" obtained by users. Activity time: April 3rd - April 20th.   3. On April 7th, PlugChain and MetaSystem held an airdrop of "follow Twitter, join the community, and do tasks", sending 500 $HKT + 50,000 $PC to all network users.   4. On April 24th, PlugChain officially held the "Happy Labor Day" event, completing tasks and giving away PCs worth $150 to 20 peop...

  Foreword: Compared with the end of 2022, the Crypto market seems to be gradually waking up and getting rid of the downturn of the bear market. The total market value has increased from US$831.8 billion on January 1, 2023 to US$1.238 trillion on March 31. The prices of BTC and ETH are now hovering around $29,000 and $1,900 respectively. Among them, BTC performed particularly well, with an increase of nearly 72% this quarter.   This article analyzes the value and potential of the Crypto market in Q1 of 2023 from multiple dimensions, and the crypto market seems to be recovering significantly.   01.Strong start, Crypto rebounds to $1.2 trillion   The crypto market is off to a strong start in 2023, with a total crypto market capitalization of $1.2 trillion at the end of Q1. This reflects a growth rate of 48.9%, or $406 billion in absolute terms, compared to the end-2022 performance of $829 billion.     At the same time, the average daily tr...