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 consensus among all nodes on the validity of transactions on the network.
Segment 1 Introduction Guest Name: Edward Wesley Title: Marketing Manager Project Social Media links: 🗣Official Website: https://plugchain.io/ 🚀Telegram Channel: https://t.me/plugchain 🐦Twitter: https://twitter.com/Plugchainclub ❓Medium: https://officialplugchain.medium.com/ Docs and whitepaper: https://plugchain.io/files/PlugChain%20White%20Paper.pdf For links: https://linktr.ee/plugchain Introduction Q1: Could you briefly introduce yourself and Plugchain as well? Hello everyone, I’m Edward Wesley, marketing manager at PlugChain. The members of the team like to call me PCMAN, so I hope you can remember this interesting name, PCMAN. PlugChain is a Web3-based public chain with high concurrency, scalability, and security as its core advantages. It is committed to high-performance information and data exchange scenarios by constructing an aggregated cross-chain oracle protocol. I am delighted to participate in this AMA and I would like to thank TaskOn for the invitation. I am looking
On September 21, PlugChain official Cosmo Wallet was officially renamed Pando. This wallet brand upgrade not only brings new visual effects to users, but also makes wallet interaction smoother. In the future, we will continue to optimize product functions and design, improve product experience, and provide users with better encrypted digital asset management services. Pando is a decentralized multi-chain wallet officially launched by PlugChain that supports multi-currency and multi-account. As an important entrance to the PlugChain public chain ecology, Pando is an important component of the PlugChain ecology. It was officially renamed from Cosmo Wallet to Pando. With the efforts of the technical team, Pando has become more functional and smoother in operation, thus making it more convenient for users, Experience Pando more friendly. From the function point of view, Pando is constantly innovating and upgrading, and it is playing a more and more important role. At first, Pando only ga
On the evening of August 7th, the California-based payment company PayPal announced that it will launch a stablecoin named PayPal USD (PYUSD), making PayPal the first tech giant to issue a stablecoin. This news instantly ignited the entire cryptocurrency industry, as PayPal, with its user base of 430 million, introducing a stablecoin undoubtedly will greatly advance the integration of Web3 with traditional finance and the real world. Reportedly, the stablecoin PayPal USD (PYUSD) will be issued by Paxos, a company that has previously collaborated with Binance to launch the USD-backed BUSD. In PayPal’s announcement, the official statement reads: “PayPal USD aims to reduce friction in payments in the virtual realm due to lack of experience, facilitate swift value transfer to support friends and family, remittances, or international payments, enabling direct flow to developers and creators, and promoting the continuous expansion of digital assets by the world’s largest brand. While most
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