• DeFi risk

    Code loopholes, hackers, market volatility, arbitrageurs: the paradigm of DeFi risk management

    DeFi refers to the decentralized financial agreement realized by smart contract, including asset trading, lending, insurance, various derivatives, etc.; except for credit service, financial service in reality can be realized through DeFi protocol. These agreements are decentralized and automatic, and there is no third-party organization in the management and maintenance. Therefore, the risk control of …

    July 20, 2020
  • SOLO mining mode

    Is the mine pool the first to be regulated?On external incentive and new structure

    With the continuous development of the blockchain world, the mining scale is becoming larger and larger, and the difficulty is also higher and higher. The SOLO mining mode of the early traditional small miners withdrew from the market and replaced by a mine pool integrated with distributed miner’s computing power: some scattered miners entrust the …

    July 14, 2020
  • DeFi developers

    How do developers of the DeFi protocol make money?

    I don’t know if you have ever thought about such a question, why would someone like to do DeFi? If you are a DeFi developer, what is the purpose of your DeFi? Interest Make money by collecting service charges Meet your DeFi needs Other DeFi: decentralized finance. Therefore, the basic principle and precondition of DeFi …

    July 10, 2020
  • DeFi

    After the black swan, the DeFi data mutation!

    On February 6, 2020, the total value of ETH and ERC-20 tokens locked in Ethereum’s DeFi ecosystem exceeded US $1 billion. After a series of high-level “smash” incidents, a series of “black swan” events coincide. bZx attack event In mid February 2020, two arbitrage “attacks” occurred in bZx protocol. After the event data statistics show …

    July 5, 2020
  • Gas

    Easy to read Gas,GasLimit,GasPrice on Ethereum

    What is Gas? Gas exists in the EVM of Ethereum, and is the unit of measurement for calculating workload. As the fuel of Ethereum network, it provides power for the development and operation of Ethereum network ecology. Just as gasoline plays a role in automobiles, Gas is essential for Ethereum users and developers. On the …

    July 4, 2020
  • mining

    Agent risk of miners

    After the birth of Bitcoin, a special industry came into being: “mining”, the node that completes nonce calculation and packs blocks is called miner. Every transaction we make on Bitcoin is recorded by these miners on the blockchain. As miners have the right to keep accounts, naturally they are very important to the special currency …

    July 2, 2020
  • introduction of NEST Oracle

    Comparative analysis of price on chain and market of Nest Oracle

    Brief introduction of NEST Oracle NEST price Oracle is a Layer 2 protocol network based on Ethereum network, which is a decentralized Oracle system. NEST Oracle defines and implements a new scheme to generate price facts on the blockchain. Based on the market game theory, the price facts of the off chain market are generated …

    July 1, 2020
  • ETH authorization

    What is “authorization” in Ethereum contract interaction?

    As for the “authorization” operation, many new Ethereum users are confused when they first operate the smart contract. I don’t understand what authorization is, let alone why authorization initiates a transaction, and the transaction itself does not carry any assets, and at the same time, it has to pay a miner’s fee. In this article, …

    June 30, 2020
  • Ethereum block

    How to determine the size of Ethereum block

    With the development of blockchain industry, the ecosystem based on the Ethereum network is becoming larger and larger. In addition to the transaction package of various assets issued based on the Ethereum network, it also needs to meet a variety of smart contract package transactions, such as the business contracts related to the DeFi protocol …

    June 28, 2020