Secure Implementation of ECDSA Signatures in Bitcoin

04-28 13:15 - 'China Launches Blockchain-based Service Work (BSN) to Rule the World 中國推出區塊鏈,圖征服全球? By Chapman Chen, HKBNews' (self.Bitcoin) by /u/HKBNews removed from /r/Bitcoin within 17-27min

'''

[link]6

3 days ago, China launched Blockchain-based Service Network (BSN), which, coupled with the digital Yuan, a pilot version of which was launched in mid-April, will accomplish what Huawei has failed to do -- to infiltrate, monitor and control the entire world in all human activities, e.g. finance, technology, health, insurance, entertainment, social media, voting. The only antidote is worldwide adoption of truly decentralized and uncensored blockchains and Bitcoin.

BSN Covers 6 Continents!

On April 25th, the Chinese authorities announced the launching of Blockchain-based Service Network (BSN), aka ChinaChain. It is a cross-cloud, cross-portal, cross-underlying-framework, global infrastructure network jointly initiated and set up by State Information Center (SIC), state-owned firms China UnionPay, China Mobile and Red Date for deploying and operating various kinds of blockchain applications (1). IOST is the first overseas blockchain network to be taken on board of BSN (2). Now there are already 128 city nodes across the country, and 8 BSN portals including 7 respectively located in California, Johannesburg, Paris, Tokyo, Sydney, Singapore, and San Paulo. It is going to be applied in all trades, e.g., technology, finance, banking, health, insurance, social media, entertainment, issuing of passports, land registries, tax collection, law, voting.

BSN is even more Invasive than Huawei

Let's face it:- we are headed for a global digital economy. As neither the USA not Europe has yet established such an enormous blockchain infrastructure consortium, China will enjoy the first mover's advantage in the space. While Huawei has been rejected by America and many Western countries for security reasons, BSN is now an even more powerful plan to infiltrate and control the entire world in practically all domains.

Virus Implanted?

According to Bloomberg (April 15), China's Central Bank has just launched a pilot digital Yuan in 4 cities, using blockchain, the technology behind Bitcoin. For instance, in Xiang-cheng, Suzhou, all employees will have to download a state-controlled digital wallet by May and all wages will be paid in digital Yuan from then on. Every penny spent by you will be scrutinized and censored by the CCP. And a spyware may be implanted in the digital Yuan wallet and/or ledger so that anybody, not just Chinese but also Westerners, who transact in digital RMB, will be affected and subject to surveillance by the CCP. Now, with BSN, this will not be limited to transactions in digital RMB. Instead, it will be extended to all sectors, all fields, all human activities all over the world.

Rejection of Libra + Blockchain Advocacy + Covid19

On October 24, Facebook's proposal to launch the cryptocurrency Libra was rejected by the U.S. Congress. On October 25, Chairman Xi Jinping announced that China will go all-in on blockchain. On November 17, 2019, a China-man from Hubei, carrying the covid19 virus, began to spread it across the globe, according to South China Morning Post. Bitboy Crypto on April 28, 2020 wonders whether all these are just coincidental, or they constitute a conspiracy on the part of China to beat the free world financially, technologically, and biologically (3).

What is Blockchain?

Blockchain, the technology underlying Bitcoin, is an electronic ledger distributed across and managed by peer-to-peer networks. It can exist without a centralized authority or server managing it, and its data quality can be maintained by database replication and computational trust.

The First Blockchain

The first work on a cryptographically secured chain of blocks was described in 1991 by Stuart Haber and W. Scott Stornetta. The first blockchain was conceptualized by a person (or group of people) known as Satoshi Nakamoto in 2008 to serve as the public transaction ledger of the cryptocurrency Bitcoin.

A Mutated Blockchain

The information stored in a normal blockchain is immutable. But the Chinese government favors a unique blockchain called EOS, wherein all transactions and governance decisions are processed and approved by only 21 main nodes known as supernodes, rather than numerous nodes distributed all over the world. Twelve of the EOS supernodes are in China. This makes it easier for the CCP to control blockchains, since the penalty of noncompliance with Chinese regulations is high for China-based supernodes.

The Only Antidote

"Tomorrow is now" (Eleanor Roosevelt 1962) . The decentralized, permissionless, and disinflationary Bitcoin is now the only thing in the world that can counteract the digital RMB, and urgent, extensive adoption of uncensored blockchain networks is the only solution to BSN hegemony.

Fb link: [[link]7

Web link: [[link]8

End-notes:
1.[[link]9
  1. Terry Wang, IOST CTO, delivered a speech on blockchain to state leaders of China at the Great Hall of the People in December 2019. ([[link]10 )
  2. [[link]11
Disclaimer: This article is neither an advertisement nor professional financial advice.
'''
China Launches Blockchain-based Service Work (BSN) to Rule the World 中國推出區塊鏈,圖征服全球? By Chapman Chen, HKBNews
Go1dfish undelete link
unreddit undelete link
Author: HKBNews
1: ww**facebook.com/h*ngkon*bil*ngu*lnews*p**t*/94*376245**0140*__xts__%5B0%**=68.*RAL*elagqu*qRl*biXCPZjOvd*FcQV**1Z27*O*IFt*3W*0**SC*ax*m1nQj*FKE_HdlLlKHn*VvRb*jo5qUsEw2xwmQ*H*3NPFBQ9**n***Hl*x*8**dX*TNlPEp*lHv*6k*-bt*0a**H***Ko*Zd20*9**j*uChT**L2AEH**B_Rl0*Rr*gG6F*b**z*b**x*g*5TmN*1IuIli*hTLOD**1hf*-Hae*MroDpv*DTGSsP_U**Z*-yMkK*EIoy5o**6*CW*NtI**vZkF3X*Ie*LN6DhhP*pb*DbHuMW*gcP4sIwYtzM*gMs*q*IweC3*oXL*7*ohCm0yfGQ*IM&**p*__tn**=KH-R 2: w*w.hkbn*ws.*et/po**/chi***launch*s-*lockchai**b***d-se*vic*-work-bsn-**-rule-the-wor*d-*E4%B*%AD%E5%9C*8B%E6%*E**8%E*%8**BA*E5%8D**0**5%A1%*A%**%8F%88%E*%BC%**%E5%9*%96%E5%BE%*1%E*%9**8D%E****%A*%*7%*0%83***%*C%*Fby-chapman-chen 3: w**.c***nne*s.com/zh-ha*t/**ti*les/12962**27608*htm 4: medi*m**o*/io*t/ios*-**o-*er*y-wa*g-prese**s-to-s*at**lead*rs-m*yo*s*and-ceos-in-ch*nas**rea*-hal*-of-*he-p*opl*-5*e885e*1*91 5: www.youtube**om/**tch?*=1*m**Q*LMqc 6: pr***ew.*ed**i**e3frgp871k*41.*pg?wid*h=**7*amp;format=pj*g&auto=webp*a*p;s=*2e3***df*c*d9***129c5*3fb46fd0f2046***f 7: w**.f**eb*ok*com*h**gkong*ilingualnew*/p*sts/*4937*2455001*0*\_\**n\_\_=-R**^1 8: **w.hkbnews.net*post/*hina-*au*ch**-****kc*a*n**ased-service**o*k-b**-t*-ru*e-the*world-%E*%B8*AD%E5%9C%8B%*6%8*%A*%E5%87*B*%E5%8*%8**E5%A1%8A*E9%8**88%E**BC%8C%E5%**%96**5**E*8*%**%9*%8D%E5%85%A8*E***0%83%EF%BC%*Fby-*hapma*-*hen]^^2 9: www.chai*news.com/zh-hant/*rt*c**s**29*2**2*60*.htm]^** 10: mediu*.co**io*t/io**-cto-te**y*w*ng-pre*e*ts-to-st*te-leader*-may*rs*and-**os-*n-ch*nas-*r*a**hall**f-***-people-5f*885ea1691*^^* 11: ww***o*tube.com/**t*h?v=18m*hQ*LMq*]^^5
Unknown links are censored to prevent spreading illicit content.
submitted by removalbot to removalbot [link] [comments]

Vite Bi-weekly Report (Sept 1–15, 2019)

The latest bi-weekly report is here! Happy reading.

Recent milestones

System Developments

go-vite

v2.6.0 has been released with the following features:
  1. Adjusted the SBP staking requirements from 500K VITE to 1 million VITE.
  2. Optimized internal implementations, including fixing a cache bug during synchronization and improving overall synchronization speed.

Vite Wallet App

Completed:
In progress:

ViteX Exchange

Community Building

Activities


Medium: https://medium.com/vitelabs/vite-bi-weekly-report-a75d557619cf
submitted by CryptoFonzie to vitelabs [link] [comments]

Ren | All-In-One

Ren

What is Ren? Ren is an open protocol that enables the permissionless transfer of value between any blockchain. Ren's core product, RenVM, brings interoperability to decentralized finance (DeFi).
What makes RenVM unique is that it does everything in secret using zero-knowledge proofs over an sMPC based protocol that the team has pioneered. The state, inputs, and outputs of all programs that RenVM runs are kept hidden from everyone, including the Darknodes that power it.
This allows RenVM to securely manage (ECDSA) private keys on different blockchains, making it possible to shift tokens between these blockchains in a trustless, permissionless, and decentralized way (i.e interoperability).
Technically speaking RenVM is a byzantine fault-tolerant protocol (with 1/3 malicious nodes) that does ECDSA threshold key generation and signing via sMPC. RenVM is not a product or an application in and of itself but is a network (and an accompanying SDK) that allows developers to bring interoperability to their DeFi applications.
Ren was founded in 2017 and is headquartered in Singapore.

RenVM Mainnet Is Live! 🎉

https://medium.com/renproject/renvm-mainnet-release-98cac4c6fa8e

RenBridge (dapp)| Mint BTC, BCH, and ZEC on Ethereum

https://bridge.renproject.io/

Official Resources
Darknodes
Darknodes are the physical machines that power RenVM, where every machine contributes CPU time for compute power and its disk space for storage. These are that machines that form the P2P decentralized network (not a blockchain) that cooperate to run secret multiparty computations. It is important to note that programs executing on RenVM are hidden from the Darknodes that run the virtual machine.
This guide will walk you through the installation of your Darknode. Before you begin, make sure that you have a MacOS, Windows, or Ubuntu machine available (i.e. home computer) and 100,000 REN.
Guides: How to set up a Darknode
The Team
Ren Linkedin Page
Investors
General Updates | Blog
2020 Development & Ecosystem Updates
Podcasts & Youtube videos | Chronological Order
REN Exchanges
REN Token Details
FAQ
What happened to the Republic Protocol?
Republic Protocol was rebranded to Ren to reflect the project’s evolution towards interoperability (i.e. RenVM). Old posts and discussions can be found on the Republic Protocol Reddit

Closing Thoughts

We truly appreciate our community, and this cannot be said enough. The level of technical understanding and subsequent assistance provided to our newcomers, speaks to the expertise and positivity in the community, and we couldn’t be more thankful.
We look forward to collaborating with everyone as we make our next steps forward towards building a cross-chain DeFi ecosystem. If you are interested in working directly with the Ren Team we are always looking for developers so please do reach out via the below email.
Need help or want to partner? [[email protected]](mailto:[email protected])
submitted by RENProtocol to RenProject [link] [comments]

Craig Wright is a fraud hoaxer. A reminder for everyone

submitted by chek2fire to Bitcoin [link] [comments]

Daily Discussion & Important Links/Threads - January 10, 2018

If anyone feels that a certain announcement, article, or any other kind of these sorts should be listed below, please add your suggestions in the comments below.

Links/Threads of Interest:

Recent Articles by the Loopring Foundation
Announcements
Noteworthy Interviews
Noteworthy Links
Also, don't forget to see the sidebar for other Loopring related content, such as official and exchange links!
submitted by AutoModerator to loopringorg [link] [comments]

Daily Discussion & Important Links/Threads - January 12, 2018

If anyone feels that a certain announcement, article, or any other kind of these sorts should be listed below, please add your suggestions in the comments below.

Links/Threads of Interest:

Recent Articles by the Loopring Foundation
Announcements
Noteworthy Interviews
Noteworthy Links
Also, don't forget to see the sidebar for other Loopring related content, such as official and exchange links!
submitted by AutoModerator to loopringorg [link] [comments]

Daily Discussion & Important Links/Threads - January 05, 2018

If anyone feels that a certain announcement, article, or any other kind of these sorts should be listed below, please add your suggestions in the comments below.

Links/Threads of Interest:

Recent Articles by the Loopring Foundation
Announcements
Noteworthy Interviews
Noteworthy Links
Also, don't forget to see the sidebar for other Loopring related content, such as official and exchange links!
submitted by AutoModerator to loopringorg [link] [comments]

Daily Discussion & Important Links/Threads - January 09, 2018

If anyone feels that a certain announcement, article, or any other kind of these sorts should be listed below, please add your suggestions in the comments below.

Links/Threads of Interest:

Recent Articles by the Loopring Foundation
Announcements
Noteworthy Interviews
Noteworthy Links
Also, don't forget to see the sidebar for other Loopring related content, such as official and exchange links!
submitted by AutoModerator to loopringorg [link] [comments]

Daily Discussion & Important Links/Threads - January 20, 2018

If anyone feels that a certain announcement, article, or any other kind of these sorts should be listed below, please add your suggestions in the comments below.

Links/Threads of Interest:

Recent Articles by the Loopring Foundation
Announcements
Noteworthy Interviews
Noteworthy Links
Also, don't forget to see the sidebar for other Loopring related content, such as official and exchange links!
submitted by AutoModerator to loopringorg [link] [comments]

Weekly Discussion & Important Links/Threads - April 30, 2018

Participate in May's AMA with Loopring Founder Daniel Wang on Reddit!

Loopring Frequently Asked Questions (FAQ)

If anyone feels that a certain announcement, article, or any other kind of these sorts should be listed below, please add your suggestions in the comments below.

Links/Threads of Interest:

Upcoming Meetups
Recent Articles by the Loopring Foundation
Announcements
Noteworthy Interviews
Noteworthy Links
Also, don't forget to see the sidebar for other Loopring related content, such as official and exchange links!
submitted by AutoModerator to loopringorg [link] [comments]

Weekly Discussion & Important Links/Threads - April 16, 2018

Loopring Frequently Asked Questions (FAQ)

If anyone feels that a certain announcement, article, or any other kind of these sorts should be listed below, please add your suggestions in the comments below.

Links/Threads of Interest:

Recent Articles by the Loopring Foundation
Announcements
Noteworthy Interviews
Noteworthy Links
Also, don't forget to see the sidebar for other Loopring related content, such as official and exchange links!
submitted by AutoModerator to loopringorg [link] [comments]

Nice Article About How HPB Perform Vs EOS (and so ETH)

HPB: Unique Blockchain Infrastructure
Now most public chains will mention that the problem of tps development is the problem of the blockchain. This is also because the traditional blockchain has the problem of poor performance. In order to reach consensus, the efficiency is sacrificed. But if you want to build an ecosystem of countless DAPPs based on the public chain, there is no guarantee of performance that is almost impossible.
The dream of building a DAPP ecosystem is that Bitcoin has not been completed and it is not necessary to complete it. Bitcoin is only a digital currency and it has initially fulfilled its historical mission. It has become a value storer, and it has opened the world of the blockchain. .
Ethereum started with the goal of building a world-wide computer that provided the infrastructure for building decentralized applications, but so far it has only succeeded in the crowdfunding field. Due to performance, cost, scalability, and other issues, it is not yet possible to become a DAPP infrastructure. By the end of 2017, a simple encrypted cat game would have caused Ethereum to jam. Ethereum tried to get rid of the predicament through techniques such as fragmentation, Plasma, and PoS consensus.
Newcomers, such as EOS, are highlighting their high performance, emphasizing the possibility of reaching mega-level tps. Then, in the future, an infrastructure is needed to build a prosperous DAPP ecosystem on this decentralized infrastructure to meet the user or business needs of different scenarios.
What kind of program is a better choice? This is what blue fox has been paying attention to. Blue Fox focuses on an HPB blockchain project that uses a completely different search path than other public chains or infrastructure. This path is worth paying attention to all the buddies who pay attention to the blockchain.
This path is a combination of hardware and software. It is more demanding and the practice is more difficult. However, if it is truly grounded, it may be a good path.
HPB to become a high-performance blockchain infrastructure
Whether HPB or EOS have the same goals, they must provide a high-performance infrastructure for the decentralized ecosystem. why? Mainly from the blockchain to the mainstream business scene point of view. The current blockchain has achieved some success in security and decentralization, but there are natural constraints in terms of efficiency. This hinders its application scenario to the mainstream.
This is also a direction that Blockchain 3.0 has been exploring. Through higher performance, lower costs, and better scalability to meet the needs of more decentralized application scenarios.
The current bitcoin and Ethereum's throughput are both worrying. Bitcoin supports about 7 transactions per second on average, and Ethereum has about 15 throughputs. If you make the block bigger, you can also increase the throughput, but it will cause the problem of block bloat. Last year, an encrypted cat game made everyone see the blockchain congestion problem. From a performance point of view, it takes a long time for blockchains to reach the mainstream.
In addition to the lack of tps performance, the transaction cost of the blockchain is high. Both ordinary users and developers cannot afford gas costs that are too high. For example, before Ethereum's crypto-games became hot, there were even transaction fees compared to encrypted cats. It is also expensive.
The HPB and EOS goals are similar, but their paths are completely different. HPB uses a combination of hardware and software, has its own dedicated chip hardware server, which makes it theoretically have higher performance.
HPB is also trying to create an operating system architecture that can build applications. This architecture includes accounts, identity and authorization management, policy management, databases, asynchronous communications, program scheduling on CPUs, FPGAs, or clusters, and hardware accelerated technology. Realizes low delay and high concurrency and realizes mega-level tps to meet the needs of commercial scenarios.
It is different from EOS. Its architecture, in addition to its software architecture and its hardware architecture, is a combination of hardware and software blockchain architecture that combines high-performance computing and cloud computing concepts. The hardware system includes a distributed core node composed of high performance computing hardware, a general communication network, and a cloud terminal supported by high performance computing hardware.
The core node supports a standard blockchain software architecture, including consensus algorithms, network communications, and task processing. It also introduces a hardware acceleration engine. It works with software to achieve high-performance tps through BOE technology (Blockchain Offload Engine) and consensus algorithm acceleration, data compression, and data encryption.
BOE makes HPB unique
In the HPB's overall architecture, compared with other blockchain infrastructures, there are obvious differences. One of the important points is its BOE technology.
BOE mentioned above, is the blockchain offload engine. The BOE engine includes BOE hardware, BOE firmware, and matching software systems. It is a heterogeneous processing system that achieves high performance and high concurrent computational acceleration by combining CPU serial capabilities with the parallel processing capabilities of the FPGA/ASIC chip.
In the process of parsing TCP packets and UDP packets, the BOE module does not need to participate in the CPU, which can save CPU resources. The BOE module performs integrity checking, signature verification, and account balance verification on received messages such as transactions and blocks, performs fragment processing on large data to be transmitted, and encapsulates the fragments to ensure the integrity of received data. At the same time, statistics work will be performed according to the received traffic of the TCP connection, and corresponding incentives will be provided according to the system contribution.
BOE has played its own role in signature verification speed, encryption channel security, data transmission speed, network performance, and concurrent connections.
The BOE acceleration engine embeds the ECDSA module. The main purpose of this module is to improve the speed of signature verification. ECDSA is also an elliptic curve digital signature algorithm. Although it is a mature algorithm that is widely used at present, the pure software method can only be performed thousands of times per second and cannot meet the high performance requirements. So the combination of BOE and ECDSA is a good attempt.
In the process of data transmission between different nodes, BOE needs to establish an encrypted channel. In this process, it uses a hardware random number generator to implement the security of the encrypted channel, because the seed of the random number of the key exchange becomes unpredictable.
The BOE acceleration engine also uses block data fragmentation broadcasting technology. Block fragmentation includes a complete block header, which facilitates the broadcast of newly generated blocks to all nodes. With block data fragmentation, network data can be quickly transmitted between different nodes.
The BOE technology can perform traffic statistics of node connections based on hardware, and can calculate network bandwidth data provided by different nodes. Only providing network bandwidth to the system will have the opportunity to become a high contribution value node. In this way, incentives for the contribution of the nodes are provided.
In terms of concurrency, BOE is expected to maintain more than 10,000 TCP sessions and handle 10,000 concurrent sessions through an acceleration engine. BOE's dedicated parallel processing hardware replaces the traditional software serial processing functions such as transaction data broadcasting, unverified blockwide network broadcasting, transaction confirmation broadcasting, and the like.
According to HPB estimates, through the BOE acceleration engine, the session response speed and the number of session maintenance can reach more than 100 times the processing power of the common computing platform node. If the actual environment can be achieved, it is a very significant performance improvement.
Consensus algorithm for internal and external bi-level elections
HPB not only significantly improves performance through BOE, but also adopts a dual-layer internal and external voting mechanism in consensus algorithms. It attempts to achieve more efficient consensus efficiency on the premise of ensuring security and privacy.
Outer election refers to the selection of high-contribution-value node members from many candidate nodes, and the election will use node contribution value evaluation indicators. Inner-layer election refers to an anonymous voting mechanism based on a hash queue. When a block is generated, it calculates which high-contribution value node preferentially generates a block. Nodes with high priority have the right to generate blocks preferentially.
So, how to choose high contribution value node? Here is the first indicator to evaluate the contribution value. The indicators include whether a BOE acceleration engine is configured, network bandwidth contribution (data throughput over a fixed period of time), reputation, and total node token holding time. Among them, the creditworthiness of the node is obtained through the analysis of participating transactions and data analysis such as packaged blocks and transaction forwarding. The total holding time of the node token can be obtained by real-time statistics on the account information.
The outer election adopts an adaptive and consistent election plan. That is, by maintaining the consistency of “books” to ensure the consistency of outer elections, this can reduce network synchronization, and can also use the data of each node on the chain. The first is to put the above-mentioned four evaluation indicators into the block. By keeping the account books consistent, you can calculate the current ranking of all the participating candidate nodes. The higher-ranking high-contribution value nodes will become the official high contribution in the next round. Value node.
With the formal high contribution value node, the goal of the inner election is to find the high contribution value node corresponding to each block as soon as possible. The entire process is divided into three phases: nominations, statistics, and calculations. These three phases combine security, privacy, and performance.
The first is the nomination. At the beginning of the voting period, the BOE acceleration engine generates a random Commit. The high contribution value node submits its Commit, and the Commit synchronizes with the chain generated by the high-performance node. After the voting period is over, the Commit in the blockchain is started and the ticket pool is created. The last is the calculation. The calculation is mainly based on the weight algorithm to calculate the node's generation priority in the block. Generate the highest-priority high-contribution value node and obtain the block package right.
Other nodes can verify the random number and address signature according to the principle of verifiable random function, which not only guarantees security, but also guarantees the unpredictability and privacy of high contribution value nodes.
In general, HPB's consensus algorithm combines security, privacy, and speed through a combination of hardware and software. Using the BOE acceleration engine to generate random numbers, contribution value evaluation indicators, coherence ledgers, anonymous voting mechanisms, weight algorithms, signature verification, etc., privacy, reliability, security, and high efficiency are achieved.
Universal virtual machine design: support for different blockchains
The HPB virtual machine adopts a plug-in design mechanism and can support multiple virtual machines. It can implement the combination of the underlying virtual machine and upper level program language translation and support, and support the basic application of virtual machines. In addition, the external interface of the virtual machine can be realized through customized API operations, which can interact with the account data and external data.
The advantage of this mechanism is that it can realize the high performance of native code execution when the smart contract runs, and it can also implement the common virtual machine mechanism supporting different blockchains. For example, it can support Ethereum virtual machine EVM. The smart contract on EVM can also be used on HPB.
Neo's virtual machine NeoVM can also be used on HPB. When high-performance scenarios are needed, users of both EVM and NeoVM need only a few adaptations to interact with other HPB applications.
The HPB smart contract has also made some improvements, such as the management of the life cycle, auditing and forming a common template. No progress can realize the full lifecycle management of smart contracts, such as the complete and controllable process management and integration rights management mechanism for intelligent contract submission, deployment, use, and logout.
In smart contract auditing, HPB conducts a protective audit that combines automated tool auditing with professional code design. In terms of templates, HPB gradually formed a generic smart contract template to support the flexible configuration of various common business scenarios.
Incentives for a positive cycle of token economy
When the high-contribution value node generates a block, it will receive a token reward from the system. From the design of the HPB, the system will issue a token of no more than 6% per year, and the additional token will be proportional to the total number of high-contribution nodes and candidate nodes.
In order to obtain the token reward from the system, it must first become a high contribution value node, and only the high contribution value node has the right to generate a block.
In order to obtain the right to generate a block, it is necessary to contribute, including holding a certain number of HPB tokens, having a BOE hardware acceleration engine, and contributing network bandwidth to the system.
From its mechanism, we can see that HPB's token economic system design is considered from the formation of a positive incentive system. It maintains the overall HPB system by holding the HPB token, having a BOE hardware acceleration engine, and contributing network bandwidth to the system. safe operation.
HPB landing: supports a variety of high-frequency scenes
In essence, HPB is a high-performance blockchain platform and is an infrastructure where various blockchain applications can be explored. Including blockchain finance, blockchain games, blockchain entertainment, blockchain big data, blockchain anti-fake tracking, blockchain energy and many other fields.
In terms of finance, decentralized lending, decentralized asset management, etc. can all be built on the HPB platform to meet high-frequency lending and transaction scenarios.
In terms of games, although all game operations are not practical, the up-chaining and trading of assets such as game props are important scenes. Once the realization of the game product chain, you can ensure that the game assets are transparent, unique, can not be tampered with, never disappeared, etc., providing great convenience for the transaction between the game products.
Compared with traditional centralized service providers, there are many advantages. For example, there is no need to worry about the loss, confiscation, or change of virtual game products. The transaction process is also simple and convenient. Since HPB has a high-performance blockchain, it is expected to support millions of concurrents, and many high-frequency scenarios can also be satisfied.
For blockchain entertainment, it can support the securitization of star assets, such as star-related token assets. In terms of blockchain big data, it can support the data right, ensure that the data owner controls the data ownership, ensure the authenticity of the data, traceability, can not be modified, and finally realize data transactions according to the needs of different entities. , to ensure personal privacy and data security.
Based on HPB's blockchain infrastructure, based on its high performance, blockchain applications can be built in multiple scenarios. The HPB design provides a blockchain application program interface and application development package. In the HPB blockchain base layer, it provides blockchain data access and interactive interfaces, and supports various applications and development languages ​​using JSON-RPC and RESTful APIs. It also supports multi-dimensional blockchain data query and transaction submission, and the interactive access interface can be integrated with the privilege control system.
The application development package includes comprehensive functional service packages that operate on blockchains based on different development languages. For example, it provides functional interfaces such as encryption, data signature, and transaction generation, and can seamlessly support integration and function expansion of various language service systems. , supports multiple language SDKs such as Java, JavaScript, Ruby, Python, and .NET.
Conclusion
If the future blockchain wants to enter the mainstream population, it must have high-performance public-chain or infrastructure support to form a true application ecosystem. Ethereum's dream to build a decentralized ecosystem cannot be achieved on an existing basis. Ethereum is trying to improve performance and expand scalability through fragmentation, plasma, and pos consensus mechanisms.
At the same time, the current status quo has also spawned other public-linked efforts, including eos, HPB, etc. Among them, HPB has adopted a unique combination of hardware and software, dedicated BOE hardware acceleration, signature verification speed, encryption channel security, data transmission Speed, network performance, and high concurrent support all have their own advantages over simple software solutions.
In the software architecture, consensus algorithms for internal and external elections, flexible virtual machine design, application program interfaces, and development packages are also used to provide infrastructure for the development of blockchain application scenarios.
From the overall design of HPB, its goal is to provide high-performance infrastructure for the entire blockchain to mainstream people. With a high-performance infrastructure, blockchains can only be implemented in many high-frequency scenarios to create more application ecosystems and have the opportunity to reach mainstream people.
The HPB team focused on the technical background, including the founder Wang Xiaoming who was an early evangelist in the blockchain and once participated in the establishment of UnionPay Big Data, Beltal, and Beltal CTO. Co-founder CTO Xu Li has more than 10 years of experience in chip industry R&D and management. He was responsible for the logic design, R&D, and FPGA chip marketing of the core products of the world's top qualified equipment suppliers and the world's largest component distributor. Technical VP Shu Shanlin once worked for Inspur, a well-known Chinese server manufacturer, as an embedded chief engineer, and has extensive R&D experience in embedded software and underlying software. Another co-founder, Li Jinxin, is a former blockchain analyst of Guotai Junan and has extensive experience in digital asset investment.
The background of the team members is in line with the HPB's soft and hard path. According to the latest monthly report, the basic PCB layout design of the BOE board, the overall architecture design of the BOE, and the ECC acceleration scheme have also been completed. At the same time, several tests have been completed for the BOE hardware acceleration engine.
It is hoped that HPB will develop rapidly and will embark on a path with its own characteristics in the future of blockchain infrastructure competition. It will provide support for more decentralized applications and eventually build a prosperous ecosystem.
Risk Warning: All Blue Fox articles do not constitute investment recommendations, investment risks, it is recommended to conduct in-depth inspection of the project, and carefully make their own investment decisions.
Source: https://mp.weixin.qq.com/s/RSuz6R6MTotEL_U__Al_Wg
submitted by azerbajian to HPBtrader [link] [comments]

Daily Discussion & Important Links/Threads - January 13, 2018

If anyone feels that a certain announcement, article, or any other kind of these sorts should be listed below, please add your suggestions in the comments below.

Links/Threads of Interest:

Recent Articles by the Loopring Foundation
Announcements
Noteworthy Interviews
Noteworthy Links
Also, don't forget to see the sidebar for other Loopring related content, such as official and exchange links!
submitted by AutoModerator to loopringorg [link] [comments]

Daily Discussion & Important Links/Threads - November 30, 2017

We are trying out the transition from a Weekly Discussion to a Daily Discussion.
If anyone feels that a certain announcement, article, or any other kind of these sorts should be listed below, please add your suggestions in the comments below.

Links/Threads of Interest:

Recent Articles by the Loopring Foundation
Announcements
Noteworthy Interviews
Noteworthy Links
Also, don't forget to see the sidebar for other Loopring related content, such as official and exchange links!
submitted by AutoModerator to loopringorg [link] [comments]

Daily Discussion & Important Links/Threads - January 04, 2018

If anyone feels that a certain announcement, article, or any other kind of these sorts should be listed below, please add your suggestions in the comments below.

Links/Threads of Interest:

Recent Articles by the Loopring Foundation
Announcements
Noteworthy Interviews
Noteworthy Articles
Also, don't forget to see the sidebar for other Loopring related content, such as official and exchange links!
submitted by AutoModerator to loopringorg [link] [comments]

Daily Discussion & Important Links/Threads - February 15, 2018

Loopring Frequently Asked Questions (FAQ)

If anyone feels that a certain announcement, article, or any other kind of these sorts should be listed below, please add your suggestions in the comments below.

Links/Threads of Interest:

Recent Articles by the Loopring Foundation
Announcements
Noteworthy Interviews
Noteworthy Links
Also, don't forget to see the sidebar for other Loopring related content, such as official and exchange links!
submitted by AutoModerator to loopringorg [link] [comments]

Daily Discussion & Important Links/Threads - December 06, 2017

If anyone feels that a certain announcement, article, or any other kind of these sorts should be listed below, please add your suggestions in the comments below.

Links/Threads of Interest:

Recent Articles by the Loopring Foundation
Announcements
Noteworthy Interviews
Noteworthy Articles
Also, don't forget to see the sidebar for other Loopring related content, such as official and exchange links!
submitted by AutoModerator to loopringorg [link] [comments]

Weekly Discussion & Important Links/Threads - May 21, 2018

Loopring Frequently Asked Questions (FAQ)

If anyone feels that a certain announcement, article, or any other kind of these sorts should be listed below, please add your suggestions in the comments below.

Links/Threads of Interest:

Upcoming Meetups:
Recent Articles by the Loopring Foundation
Announcements
Noteworthy Interviews
Noteworthy Links
Also, don't forget to see the sidebar for other Loopring related content, such as official and exchange links!
submitted by AutoModerator to loopringorg [link] [comments]

Daily Discussion & Important Links/Threads - March 06, 2018

Loopring Frequently Asked Questions (FAQ)

If anyone feels that a certain announcement, article, or any other kind of these sorts should be listed below, please add your suggestions in the comments below.

Links/Threads of Interest:

Recent Articles by the Loopring Foundation
Announcements
Noteworthy Interviews
Noteworthy Links
Also, don't forget to see the sidebar for other Loopring related content, such as official and exchange links!
submitted by AutoModerator to loopringorg [link] [comments]

Daily Discussion & Important Links/Threads - December 01, 2017

We are trying out the transition from a Weekly Discussion to a Daily Discussion.
If anyone feels that a certain announcement, article, or any other kind of these sorts should be listed below, please add your suggestions in the comments below.

Links/Threads of Interest:

Recent Articles by the Loopring Foundation
Announcements
Noteworthy Interviews
Noteworthy Links
Also, don't forget to see the sidebar for other Loopring related content, such as official and exchange links!
submitted by AutoModerator to loopringorg [link] [comments]

Daily Discussion & Important Links/Threads - January 03, 2018

If anyone feels that a certain announcement, article, or any other kind of these sorts should be listed below, please add your suggestions in the comments below.

Links/Threads of Interest:

Recent Articles by the Loopring Foundation
Announcements
Noteworthy Interviews
Noteworthy Articles
Also, don't forget to see the sidebar for other Loopring related content, such as official and exchange links!
submitted by AutoModerator to loopringorg [link] [comments]

Daily Discussion & Important Links/Threads - January 06, 2018

If anyone feels that a certain announcement, article, or any other kind of these sorts should be listed below, please add your suggestions in the comments below.

Links/Threads of Interest:

Recent Articles by the Loopring Foundation
Announcements
Noteworthy Interviews
Noteworthy Links
Also, don't forget to see the sidebar for other Loopring related content, such as official and exchange links!
submitted by AutoModerator to loopringorg [link] [comments]

Cerita Wang  Mengapa BitCoin wujud? - YouTube I Got Out of Bitcoin... but Here's When I'll Get Back in NEW CRYPTO LAW PASSED! - BULL RUN TRIGGER FOR BITCOIN! - HIDDEN TRUTH ABOUT BITCOIN'S HALVING! GIÁ DẦU LAO DỐC VỀ ÂM, BITCOIN CÓ BỊ BÁN THÁO? Live Bitcoin Liquidation Watch: May 19 2020

Viele Finanzexperten raten von der Kryptowährung ab. Nun stimmt auch die Deutsche Bank ein. Dagegen macht JP Morgan Chase eine 180-Grad-Drehung in Richtung Bitcoin. The quiet, behind-the-scenes juggernaut in bitcoin mining, Bi Wang (BW), is announcing the release of its 14nm chip that the company believes is at the cutting edge of bitcoin mining equipment.. In a Bitcoin Magazine exclusive, BW was introduced to the community.Now it wants impact that same community. Along with the announcement of its bitcoin chip, the company has announced that it will be ... Das Bitcoin Halving im Mai 2020 ist ein entscheidender Grund dafür, dass die Bitcoin-Community, trotz des aktuell stagnierenden Bitcoins Kurs bei rund 10.000 USD, weiterhin bullisch ist. Aber nicht nur das Bitcoin Halving könnte ein bullisches Signal für Bitcoin sein, sondern auch die Bitcoin Mining Difficulty. Diese ist im Vergleich zum Bitcoin Allzeithoch von 20.000 USD im Dezember 2017 ... “I think the next thing is the ability to trade Bitcoin without any intermediaries; without having to, get permission from some centralized entity, or give up custody of your Bitcoin,” said Wang. His team built an example of this at ETH Denver, where his system let you send Bitcoin into the MakerDAO system and collateralize a position for its crypto-backed stablecoin, DAI, and get DAI back ... Der Bitcoin-Kurs ist in den vergangenen Wochen stark abgefallen. Sein letztes Rekordhoch kann er nicht mehr erreichen. Finanzgurus glauben, dass die Blase platzt.

[index] [11662] [31884] [24548] [5954] [37769] [35751] [45297] [13479] [42534] [11427]

Cerita Wang Mengapa BitCoin wujud? - YouTube

Fidelity Investments Just Released The Bitcoin Bulls! A Company With 7.8 Trillion USD Under Management, Just Shared An Article Called "Bitcoin Obsoletes All Other Money". Follow us on Twitter ... #BITCOIN #Blockchain #Giveaway. Loading... Hide chat Show chat. Advertisement Autoplay When autoplay is enabled, a suggested video will automatically play next. Up next How to MINE Zcoin (XZC ... 9 dự đoán giá Bitcoin năm 2020 gây chú ý nhất từ chuyên gia Crypto có thể lên tới 1000000 đô la - Duration: 7:14. Finance 24H 4,537 views 7:14 https://introtocryptos.ca/discord Bitcoin Liquidation Watch Livestream: Center Chart is 10second bars. Along right side are the significant trades, with audio alerts turned on. Bottom left chart ... Apa mulanya Matawang.. tonton sampai habis.. by Asraff (Monaliza) Bitcoin kini telah menjadi salah satu topik bualan hangat akhir-akhir ini. Time PKP ni kita...

#