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Showing posts from July, 2023

PlugChain to Present at Meta Era Summit 2023 Singapore

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  PlugChain has been invited to participate in the Main Meta Era Summit 2023 Web 3.0 conference. The summit will take place in Singapore on September 12, 2023, focusing on the development of Web 3.0 technology and the Metaverse. It aims to provide a platform for global advocates to exchange ideas and collaborate, driving the flourishing development of the Metaverse and Web 3.0 ecosystem. Clearly, PlugChain’s invitation to attend highlights its significant influence and position in the public blockchain domain. As an open, efficient, and secure public blockchain, PlugChain has been dedicated to promoting innovation and application of blockchain technology. Its unique technical architecture and robust ecosystem offer developers and users a wealth of application scenarios, laying a solid foundation for realizing the vision of the Metaverse. The Meta Era Summit 2023 is a highly anticipated global event, receiving strong support from numerous well-known media outlets both domestic and inter

Unlocking the Power of Public Blockchains: How PlugChain Outpaces the Competition on Curves?

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  Introduction:  Throughout the Web3 domain, public blockchains have always been the most crucial infrastructure and one of the most fiercely competitive battlegrounds in the industry. When discussing the development of public chains in the past, we often pondered over who would be the true “Ethereum killer” or who could become the next “Ethereum.” Undoubtedly, Ethereum has wielded absolute power in the public blockchain race, thanks to the ecosystem barriers formed by developers and users. However, the disappearance of numerous “Ethereum killers” made us realize that if public chains continue to confine themselves to the same development paradigm as Ethereum and merely follow in its footsteps, they will never be able to shake Ethereum’s iron throne. As the most crucial infrastructure in the Web3 domain and one of the most fiercely competitive battlegrounds in the industry, is there still an opportunity for new public chains amidst the intense competition? Upon observing the current la
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Abstract:  Public Chains, the Cornerstone of Blockchain World Development Introduction: Since its inception, public chains have made significant progress, attracting global attention and investment from various industries and countries. Their decentralized nature and transparent framework make them an ideal tool for facilitating secure and efficient transactions, paving the way for new business models and use cases. Additionally, the growth of the public chain market is remarkable, and it is expected to continue accelerating in the foreseeable future. Veil 1: Market Distribution of Public Chains Generally speaking, the market types of public chains include pseudonymous addresses, which allow users to conceal their real identities behind unique addresses; PGP encryption, which provides secure communication between parties involved in transactions; cryptocurrencies, which offer an additional layer of security through encryption algorithms; and distributed consensus, which ensures consens

In-depth Analysis of RWA: The “Seam” between the Crypto World and the Traditional World

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New technologies give rise to new forms of industries. Introduction:  DeFi is gradually expanding the boundaries of cryptocurrency business and making an impact in the real world. RWA (Real-World Assets), considered to be the next growth engine for DeFi, is gaining momentum in the crypto world, reminiscent of the DeFi Summer of 2020. Apart from Binance, traditional financial institutions such as Goldman Sachs, Hamilton Lane, Siemens, and leading DeFi protocols like MakerDAO and Aave are actively positioning themselves in the RWA race. Currently, there is an increasing frequency of discussions in the market regarding RWA (Real-World Assets), and some viewpoints suggest that RWA will trigger the next bull market. Some entrepreneurs have also adjusted their focus towards RWA-related tracks, hoping to leverage the gradually heating narrative to propel rapid business growth. What exactly is RWA? The full name of RWA is Real World Assets tokenization. It refers to the process of converting t