What is MOV JieDai protocol? The MOV JieDai protocol is a crypto asset rate protocol based on the Bytom mainchain and Bytom layer2 sidechain Vapor. Simply speaking, MOV actually realizes the lending service like a bank through rate algorithm model based on smart contract. User...
On May 25, Bytom 2.0 released solonet, which will start Bytom blockchain’s transition from PoW-based to POS-based, and the block confirmation time will be offset to 6s. This new version can stably blocking under solonet. It supports the main functions of Bytom 1.0, such as wallet creati...
1. The seventh commercial bank to participate in the pilot public test was connected with digital RMB to Alipay On May 8, the digital RMB APP was updated, and the "Online Business Bank (Alipay)" in the wallet operating institutions has been available. At the same time, ICB...
We are excited to announce that the Bytom blockchain will collaborate with Polygon, a protocol and a framework for building and connecting Ethereum-compatible blockchain networks. Polygon and Bytom will jointly develop the cross-chain initiative together, which fundamentally can benefit both...
The crypto industry has recently entered into what can only be described as a frenzy, going crazy for a type of digital asset that provides proof of digital ownership—non-fungible tokens (NFTs). And while NFTs certainly aren’t a new type of cryptocurrencies, they’ve seen a renaissance in ...
The rise in popularity non-fungible tokens (NFTs) have seen in the past few months has been unprecedented in the crypto industry. Believed by many to be the future of collectibles and digital identity, the novel token format has taken up the industry by storm, setting records on every corner. ...
With the eyes of the most of the crypto industry pointed at Ethereum’s upcoming second iteration, Ethereum 2.0, and the staking functionality it will unlock, few have focused on the underlying mechanisms that actually make Ethereum possible. With over 6,000 different cryptocurrencies currently...
After news broke of this incident, rates of corresponding stablecoins fluctuated as Curve.fi’s rate balance was broken by a flash loan attack. As you would expect, some aggregators, especially stablecoin yield farms, are linked to curve. Therefore, these events may result in an instant rat...
Author: Guo Cheng The new money that started with the digitial currency is called the "technological bourgeoisie"，The new wealthy class with a strong economic foundation often needs higher-level spiritual products to meet transcendence needs. When luxury goods become the common equipment, ...
According to data from defipulse.com on September 2, DeFi's locked assets have reached 9.44 billion US dollars. In the past 3 months, this value has increased nearly 10 times. DeFi, like a lightning bolt, divided the crypto world into two eras. We are entering the second era as we speak...
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