EOS decentralized exchange
x protocol: a point-to-point open protocol running on Ethereum. The protocol aims to become a general open standard, as a basic mole that can be combined with other protocols to drive more and more complex blockchain applications. However, Ethereum is famous for its congestion, so its current situation is not very good
loopring
Road printing protocol: decentralized transaction protocol of class X. The on chain smart contract is responsible for asset custody, matching and transaction, and the off chain smart contract is responsible for order matching. It has an on chain trading loop matching technology, which encourages the exchange to match the transaction path with the maximum discount, so as to save transaction costs for users and make the exchange profitable at the same time. But on the other hand, it also increases the complexity of smart contract and the execution cost of Ethereum transaction, and the effect in practical application remains to be seen
there are also kyber, idex, bitstocks, etc. decentralized exchanges are the trend in the future, so there are still quite a few in the market. But comparatively speaking, I still think whaleex is the most reliable.
EOS has officially entered the era of low inflation
last week, two proposals launched by the EOS community node "EOS nation" passed smoothly. One is to sign more proposals, retiresaving: "destroy the 34106869.1596 EOS accumulated in the eosio.saving account with 4% inflation before."; The other is set inflation: it is proposed to set the total inflation rate of EOS at 1% and not inject it into eosio.saving account. These two multi signature proposals have been successfully passed into implementation, marking that EOS has officially entered the era of low inflation
on the other hand, Brendan Blumer, CEO of block.one, quoted bm's old article "blockchain governance proposal" to tweet that pledge reward is a powerful tool, which can help further coordinate win-win incentive mechanism, promote growth, and ensure the long-term security of public networks. Block.one has started to write code to enable eosio based blockchain to realize pledge function in an unprecedented way
comments: the proposal to rece the inflation rate of EOS main network from 5% to 1% was passed by the community overnight, which shows the power of decentralized governance and proves that it is a proposal to maximize the interests of the holders. But at present, the good news that EOS has officially reced the net wide inflation rate to 1% has not been reflected in the trend of currency price
so if we survive the bear market, EOS will definitely break out. EOS decentralized exchange will also usher in the spring. Whaleex, in particular, now has the largest trading volume in the world, and its security is particularly good. Everyone is mining on it, and the trading depth is strong. From the perspective of the community, the iteration speed of their procts is also very fast, and they will soon be able to support cross chain transactions. At that time, not only EOS users, BTC users and eth users can quickly trade on them
I believe that when the bull market comes, it will rise against the wind. I am optimistic about it.
in comparison, the decentralized exchange based on EOS is much better, because its TPS is fast enough to handle the decentralized application at the present stage, and its speed is much better than that on Ethereum. Whaleex, in particular, is very smooth in use, with fast transactions. It is not inferior to those centralized exchanges. Among all decentralized exchanges, whaleex is excellent
therefore, I think the decentralized exchange on EOS may break out faster than that on Ethereum, especially the whale exchange, which will be a dark horse. The smart contract of their home is also the only one that has passed the slow fog security audit. The security is particularly high and the use is assured.
in 2009, BM began to contact bitcoin. At that time, in the forum, BM questioned Nakamoto's big God because of the slow transaction speed of bitcoin, and was rebuffed by big God, which became a hot topic. In 2013, BM began to develop a decentralized exchange, bitshares, which injected a bit of vitality into the market full of counterfeit bitcoins at that time. Its market value ranked the highest, reaching the fourth place in all digital assets. However, e to the inadequate preparation and constant bugs of the first generation BTS, and the disagreement between BM and its team members, BM left bitshares and founded stem
stem is a decentralized social network platform based on blockchain technology. In stem it, members can participate by posting, replying, discussing, and commenting, while participants can get rewards in the form of digital currency. The higher the quality of Posts and the more likes, the higher the rewards they receive. This is a subversion of the traditional media platform. Steemit's highest market value ranking ever reached the third place
in 2017, BM quit steemit and turned to develop EOS project. EOS has absorbed all the technology accumulation of the first two projects of BM, and under the aura of BM, it has gained huge market attention as soon as it was announced.
after completing BTS and steemit, I realized that many things of these two applications are consistent. A large number of other applications can inherit the same account system, account recovery and high performance. Steem and BTS are the top performance in the instry. These two blockchains add up to more than half of the total market. At steem, we make most of the operations free, because users don't want to pay for likes, they only pay for actions like publishing or commenting. Now my work has shifted to EOS, which is equivalent to putting everything together. Provide a programming environment that everyone can use
- by BM
this means that BTS, steeit and EOS are mutually compatible. Among them, EOS hopes to provide more connections to the former two factory systems for larger ecological applications.
