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2020 puzzle game market prediction: match-3 games: will the match-3 hegemon be transposed?

Match 3 has always been a big gold-absorbing category, monopolized by overseas leading manufacturers, FireCraft is one of the few Chinese manufacturers that have achieved breakthroughs. Recently, analysts have compared the categories and sub-categories of the 1,000 games that App Annie has topped in the last 3 years to get the market forecast for 2020.

Classification of game categories in the article This article mainly analyzes and predicts match-3 games under the category of casual-puzzle games. 2019 puzzle game market review The sub-categories of casual games and their sub-categories (income does not include advertising revenue, except placement and ultra-casual games)｜Data source: DECONSTRUCTOR OF FUN In 2019, the IAP revenue of puzzle games reached US$4.5 billion, a year-on-year increase of about 18%. Among all game categories, the IAP revenue of puzzle games is second only to SLG, ranking second in mobile game in-app purchase revenue. 1. IAP of match-3 games reaches US$3.4 billion The vast majority of puzzle game revenue comes from match-3 games. The IAP revenue of match-3 games amounts to US$3.4 billion, with an average annual growth rate of 13%. In the past few years, King, Playrix and Peak have been occupying the top positions in the match-3 game market. Although Jam City, Rovio, Tactile, AppLovin, Storm8 and other companies are also competing in the match-3 track, it is difficult to shake their dominance. In 2018, fixed user retention and monetization policies are no longer enough to create a successful match-3 game. Therefore, in 2019, in order to better cater to market demands, mergers and acquisitions focused on diversification and vertical integration have been led, such as AppLovin's Belka, which integrates vertical tracks.

Among the match-3 games, the total revenue of elimination & decoration mixed games has the fastest growth (except for Other Match, which cannot be specifically classified) Further exploration found that among the match-3 games, the fastest growing income was elimination & decoration games, especially Playrix's "Dream Garden", "Dream Manor" and "Dream Aquarium", which had a surge in downloads at the end of the year, thus taking over The leading banner of traditional match-3 games. 2. Lessons from 2019: Don't challenge Playrix? For a long time, the giants in the consumer three market have been King, Playrix and Peak. But in 2019, Chinese publisher Firecraft Studios competed fiercely with Playrix through the game "Wonderful Manor". Because "Wonderful Manor" is similar to Playrix's product "Dream Manor", it caused a strong counterattack from Playrix.

Whether it's core gameplay, themes, artistic styles, store ideas, icons or video ideas, Space-Time Fantasy Land and Playrix have similarities In order to defend its market position, Playrix has stepped up its promotion efforts, so that its installation volume has reached an unprecedented height, but this has also caused an increase in CPI costs.

Trends of installation volume of three games (pink-wonderful manor, purple-Homescapes, blue-Gardenscapes) From the perspective of installation volume, since March 2019, the installation volume of "Wonderful Manor" has been much lower than Playrix's "Dream Manor" and "Dream Garden". It is obvious that Playrix has invested more in marketing, which also brings more downloads and revenue. In 2019, Playrix's series of games "Dream Aquarium", "Dream Garden", "Dream Manor" and "Wonderful Zoo" received a total of 308 million downloads, which is more than the total downloads of King's "Candy Crush Legend" series ( 205 million) 50% higher. 3. The sequel of Big IP's match-3 drives revenue growth by 288% Last year, Rovio made waves with "Angry Birds Dream Blast", which increased the revenue of other match-3 games by 288%, which can be said to be one of the few successful IP game innovations in recent years. There are other cases of such big IP match-3 sequel games, such as Huuuge's "Traffic Puzzle" and Nintendo's "Dr Mario World".

"Angry Birds Dream Blast" (left), "Traffic Puzzle" (middle), "Dr Mario World" (right) 2020 Match Three Game Market Forecast Prediction 1: The merger will continue. The next stage of mergers and acquisitions will focus on acquiring companies that are most suitable for match-3 games. The acquired company may be: Publishers with annual revenues of more than US$10 million, such as Tactile, PlayQ, AWEM, PlayDots, etc. 

nagrams and other puzzle game companies with considerable DAU. Prediction 2: Playrix will become the leader of the match-3 market. With the income of the puzzle & decoration sub-category surpassing the classic match-3 category, Playrix will become the No.1 player in the match-3 game category. There are 3 reasons: King focuses on A single franchise, combined with a conservative product and marketing strategy, left an opportunity for the competitor Playrix. .Playrix is ​​very aggressive in terms of product and marketing. . Players are more interested in puzzle & decoration games. Prediction 3: Peak Games will go downhill If Peak Games is willing to sell, the company may be acquired in 2020. The most suitable buyer will be Zynga. Zynga has previously acquired Peak's card game business and established a strong business in Turkey through Gram Games. We predict Peak Games will go downhill and eventually sell because: This company has not released new games for several years. The growth of the puzzle game market is driven by puzzle & decoration games, which require a lot of content and therefore require larger teams, which is contrary to Peak's current small team structure. Peak has lost some senior talent. Zynga has low influence in puzzle games, so it may want to acquire a puzzle game company. Prediction 4: Catering to market demand will still be the focus of match-3 games. Inspired by the success of "Lily's Garden" and the slow sales of "Jam City's Vineyard Valley", we will see more new ones targeting mature female players Puzzle games appeared. This article is compiled from "2020 Predictions #1: Prepare to Crown the New King of Puzzle Games".

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4D Speaking Through Cross-chain: DApp Empowerment, Trust Resource, Governance System and Realistic Challenges

This article and "Focus on Application Governance, This is actually the Achilles Heel of DApps" are sister articles, and both discuss the decentralized application governance changes brought by Polkadot/Cosmos and their significance. The author of "Follow" will be Li Hua, which article is compiled by myself. Specialists usually think that governance has nothing in connection with them, and even think that individuals who don't understand technology are just discussing irrelevant topics. I used to think therefore myself. Until lately, I did not realize the significance of governance for blockchain tasks. It is suggested that all entrepreneurs who are building or preparing to develop DApps, specifically smart contract developers, read both of these articles. I furthermore look forward to getting corrections from my peers. Welcome to talk to me in the brand new Economic Individuals or the NPC Crypto Labs team!

First title: "Cross-chain Unleashing Dapp Innovation Possible" Writer: Liu Yi, Master of Tsinghua University, Random Capital Partners, a large data block chain and specialized experts. twenty years of investment expertise in multiple funds markets, earlier Bitcoin investors Reprinted with permission from Pinterest "NPC Source Task" and writer "Liu Yi" Liu Yi, grasp of Tsinghua University, partner of Random Capital, blockchain and big data technology expert. twenty years of investment expertise in multiple funds markets, earlier Bitcoin investors Order cross-chain is currently one of the hottest topics in the industry, and it is also the most misread topic (nobody). Some people think that cross-chain has been realized long ago, and each trade has crossed dozens or hundreds of chains. Some people say that the trade is centralized, in order that BTC/ETH/LTC/... trade without confidence is cross-chain. Someone else said it had been wrong. It had been a cross-chain atomic trade or perhaps a decentralized trade. It was a vintage idea, and Polkadot/Cosmos had been a lot more than that. Furthermore, some people believe that the property of the medial side chain and the primary chain can be anchored in both instructions, so they may also be cross-chain... Although everyone includes a Hamlet in their hearts, they are able to go together. However, the lacks a apparent consensus on essential concepts, that will only bring dilemma and troubled waters (we have been also cross-chain...). The starting place of Polkadot/Cosmos isn't to connect existing community chains, but first to support developers to develop new blockchains quickly and at low cost. New blockchains can be application platforms (supporting smart agreements), but more new blockchains will undoubtedly be decentralized programs, such as for example decentralized prediction marketplaces, TCRs, stablecoins, lending marketplaces, Exchanges and so on, we might as well call it the application chain. Polkadot/Cosmos not only provides equipment for developing program chains (Substrate/Cosmos SDK), but also offers infrastructure (Polkadot Relay/Cosmos Hub) for achieving trusted interoperability between program chains. It can be observed that the core of the cross-chain of Polkadot/Cosmos lies in the new form of DApp-program chain, and the trusted interoperability between program chains. So what may be the need for cross-chain? The foremost is that weighed against the planet computer (platform open public chain), the scope of consensus participation in the application chain has been greatly decreased, and the efficiency and cost issues will undoubtedly be solved. The application chain produced by Substrate/Cosmos SDK can easily reach a digesting capacity of more than 1000tps, and the price is very low, that may meet up with the needs of all DApps. Another shift is definitely DApp governance. Governance isn't as obvious as performance issues, but it is really a main bottleneck in the growth of DApps. To express the theme of the article inside a radical method: smart agreements confuse both different ideas of decentralization and verifiability, misleading developers, and helping to make DApps nearly spin around in place for 4 many years. Polkadot/Cosmos (specifically Polkadot) provides DApp chain governance features. By removing both major growth bottlenecks of efficiency and governance, cross-chain technology is expected to launch the innovative potential of DApps and result in the third wave of decentralized programs. Part 1: What is Web3 and Polkadot To be able to understand the main topic of this article, you must understand the concepts of Web3 and DApp. The handsome guy on the remaining side of the image above will be Dr. Gavin Wood, the former CTO of Ethereum, the creator of EVM and the Solidity vocabulary, and the founder of Parity, the Web3 Base and the Polkadot task. In project files such as the Web3 Base and Polkadot, the textual expressions of the Web3 vision aren't constant. But both have two meanings. The initial layer: Web3 is really a serverless, decentralized Web. Serverless serverless does mean decentralization, because in the system computing architecture envisioned by internet3, individuals or nodes are usually equal, there is no distinction between server and customer, all nodes tend to be more or much less mixed up in formation and documenting of system consensus . What is the use of a decentralized Web? This is actually the second significance of Web3: everyone can control their own identity, property, and data. Mastering one's very own identity means that there is no need for other folks or agencies to grant the identity, and other individuals or agencies cannot fraudulently make use of, deprive or freeze the identity. Taking control of your assets means that you won't end up being deprived of property and you can freely dispose of property. Mastering your personal data means that everyone can create, conserve, conceal, and ruin personal data according to their own wants. Without his permission, nobody or any firm may use their personal data. In the electronic age, those who control their own identity, property and data furthermore control their own destiny. The Web3 vision isn't distinctive to the Web3 Base or the Polkadot task. Many blockchain tasks, which includes Bitcoin and Ethereum, have similar visions. There are many different names, which includes open up network, next-generation Web and so on. To be able to realize the vision of Web3, the planet needs decentralized Web applications, namely DApps. From the user's perspective, decentralization can be merely understood as a trustworthy program attribute that can't be controlled by individual or perhaps a few individuals. Specifically, decentralization indicates three essential attributes for customers: trust minimal, permissioness, and censorship resistant, that's, trust minimal, permissionless, and censorship opposition. The three attributes are in exactly the same series with the internet3 vision. Through numerous decentralized programs, Internet surfers can control their electronic identities, property, and data to understand the Web3 eyesight. Blockchain may be the mainstream specialized methods to realize DApp, or blockchain may be the infrastructure of DApp. The blockchain pointed out in this post refers to the general public chain unless usually specified. Furthermore, this article targets the realization of the Web3 vision, along with other uses of the blockchain (such as for example enterprise-level applications) aren't within the scope of discussion. There are already thousands of DApps on the three major smart contract public chains of Ethereum/EOS/TRON. However, apart from a few short-lived gambling video games and funds plates, there are very few users and low activity amounts. Some people have actually questioned: Is decentralized program a pseudo idea? I think the thing is not decentralized programs, but smart agreement platforms. It can be mentioned that the growth of decentralized programs on the wise contract system has already reached a lifeless end. There are two reasons. The foremost is efficiency and transaction execution cost restrictions. Low efficiency and high transaction execution costs are usually two sides of exactly the same coin. For example, the entire Ethereum network just includes a processing capability of 15 tps. To be able to make certain fairness while resisting witch episodes, it can only be transaction fee bidding. What customers experience is definitely that DApps are usually gradual and cost money for every use. The entire sector has been paying attention to the efficiency of the general public chain for a long period, and many groups are discovering the three tips of representative program, layering and sharding to expand. The mythical work "The Polkadot Architecture of 4D Long Articles" sorted out the specialized route of growth, the problems and solutions encountered, and the primary project implementation, and classified Polkadot/Cosmos in to the shard growth. In short, the cross-chain technology achieves capacity growth while maintaining interoperability by way of a divide-and-conquer strategy. This article will nevertheless briefly describe this portion of the articles. Readers who've already browse the write-up "Speak Through" can miss the adhering to three sections. But performance/cost is not the only limitation of wise agreements on DApps. EOS has been able to attain processing strength of a large number of tps through the representative program, which is two orders of magnitude greater than the efficiency of Ethereum 1.0, and the transaction execution costs are usually borne by developers, making DApps take off the slow and expensive hat. However, the EOS mainnet has been on the internet for per year, and lots of useful explorations are also done in locations such as open public chain governance, nonetheless it hasn't triggered invention in the application coating. This makes individuals question, when Ethereum 2.0 is fully implemented (it will take about 1-2 many years), will the springtime of DApps really come? Following a long time of repeated considering, I believe that along with performance/cost constraints, DApps furthermore face the second essential limitation of wise contract platforms: the lack of decentralized governance, and to be able to protect the verifiability of agreements, it hinders decentralization Realization of governance. While cross-chain technology (specifically Polkadot) achieves capability expansion, in addition, it provides a technical basis and template example for effective decentralized governance. By detatching both major growth bottlenecks of efficiency and governance, cross-chain technology is expected to launch the innovative potential of DApps and result in the third wave of decentralized programs.

Polkadot is really a Web3 complex alternative proposed by Gavin Wood and the Web3 Foundation. Both photos are usually from the Chinese version of the Polkadot whitened paper translated by Yue Lipeng. First look at the big image on the proper, Polkadot's basic system structure is star-formed, or called spoke-shaped. The biggest market of the star may be the Polkadot Relay relay chain, and the periphery is really a number of Parachains. Considering the small image on the remaining, Polkadot network individuals have four functions: Validator, Nominator, Collator collector or checker, Fisherman or fisherman. The DApp could be a wise agreement deployed on a parachain, or the entire parachain is really a DApp. Customers initiate transactions on the parachain, and the transactions are gathered by collectors, packaged into blocks, and handed over to a group of validators for verification. This group of validators isn't from the parachain, but from the validator pool handled by the relay chain, and assigned to the parachain by random grouping. Each parachain comes with an exit queue and an entry queue. If the user initiates a cross-chain transaction, the transaction will be put into the import and export queue. Then your collector of the target parachain is put into its entry queue. Enthusiasts of the target parachain execute transactions and generate blocks, which are usually finalized by the validator team. Polkadot uses a hybrid consensus process that separates the block era procedure and the finalization procedure. In addition to parachains, additionally, there are transit bridges that link current blocks that can't be directly connected to the relay chain, such as for example Ethereum and Bitcoin. We've already introduced the function of collectors and validators in the system. So what do nominators and fishermen do? The nominee may be the holder of the Polkadot basic token DOT, and he hopes to pledge the DOT to obtain profits. But either because of the small number of DOTs, or the lack of professional skills to operate and maintain validator nodes. As a result, the system provides another way to participate, that's, the holder chooses the verifier he trusts, pledges his DOT through the verifier, and shares the verifier's income. The benefit of this will be to increase the overall pledge ratio, improve the security of the system, and at exactly the same time make the income distribution more reasonable. The fisherman's function is to keep track of and report unlawful transactions and earn bonuses. In the Polkadot system, parachains are responsible for transaction execution and data storage space, and at exactly the same time, parachains can interoperate, achieving objectives very similar to sharding expansion. Part 2: What is Cosmos After talking about Polkadot, let's introduce Cosmos. In top of the remaining of the amount, A and B are usually two chains as side chains. In other words, chain A contains SPV lighting clients of chain B, therefore chain A can verify the transactions of chain B. In turn, the B chain also contains the SPV lighting customer of the A chain, so that the B chain can verify the A chain's transactions. Due to the mutual side chains, the tokens released on the A chain and the B chain can be exchanged. In the event that you expand from two chains to several chains, A and B become A/B/C/D/E/F, an extrapolation idea is to still use the practice of pairwise side chains, and type the bottom left The structure of the party. But doing this will bring a lot of problems. Each chain must have built-in lighting clients of all various other chains and synchronize the block headers of all other chains. This is of course an enormous burden. And each time you put in a chain, you have to make changes on all the chains. As the number of blockchains raises, the complexity raises exponentially with n*(n-1)/2, which is obviously not feasible. The solution is to change to the structure shown in top of the right of the aforementioned picture, with a Hub in the middle. Hub can be a blockchain, and it is a side chain with all the chains. In other words, the tokens on each chain can be transferred to the Hub, and transferred to various other chains through the Hub. The complexity of system interconnection will be linear with the amount of blockchains. This is actually the architecture chosen by Cosmos. In the definition of Cosmos, the chain connected to the Hub is named the zone zone. There are two conditions for a zone to access the Hub. The foremost is to adhere to the Cosmos standard process, the IBC inter-chain communication process. The second is to require Zone to have instant finality (it is advisable to adopt Tendermint consensus) to make sure consistency across chains. And Cosmos can support the interconnection of several Hubs. For present public chains, it is possible to access the Cosmos Hub through process adaptation. Cosmos identifies the process adaptation gateway because the Peg Zone anchor zone. The resulting structure may be the Cosmos architecture proven in the image on the bottom right. The Cosmos Hub along with other partitions developed with the Cosmos SDK all use the Tentermint consensus protocol. The block era and finalization procedure are integrated. Provided that the block will be generated, it really is verified by the signature of more than 2/3 of the validators. The benefit of this will be that it is simple and quick, the block period can reach the second or even sub-second level, and it has instant finality. However, in the case of system partitions or large-scale downtime of validators, Tentermint consensus may suspend block creation.

Let's review Serenity together with Ethereum 2.0, Polkadot and Cosmos. All three are essential DApp platforms in the next several years. First of all DApp development strategies, all three chains support smart agreements. Serenity can be a smart contract system, and the Polkadot/Cosmos network will have parachains and partition chains that support smart contracts. Furthermore, Polkadot and Cosmos have brought a new method of DApp growth, which is to develop a blockchain for particular applications. The device provided by Cosmos for the application chain may be the Cosmos SDK, which presently supports Go vocabulary development. The device provided by Polkadot for the application chain will be Substrate, which presently supports Rust vocabulary growth. Substrate is really a complete program chain development device with a full program chain framework. Gavin Wood demonstrated that on a brand new computer, using Substrate release a an application chain in quarter-hour. Furthermore, all modules of Substrate can be customized or replaced, which is powerful and incredibly flexible. In comparison, the Cosmos SDK is definitely thinner. It mainly provides core modules such as for example Tendermint consensus engine, IBC link conversation process, and tokens. Most of the superstructure must be produced by itself. Concerning performance, each shard of Serenity is about 100tps, also it still prioritizes transactions with high gasoline prices. Polkadot Hub will be able to reach a large number of tps, and the parachain can determine its own consensus algorithm, hardware and system, and there is no strict performance limitation. Both Cosmos Hub and partitions make use of Tendermint, that may reach a large number of tps. About interoperability. Serenity is the same as Ethereum 1.0, wise contracts can call one another. Polkadot parachain interoperates with various other parachains through Relay, and interoperates with various other chains through Bridge. The Cosmos zone can trade tokens through the Hub, and trade tokens with various other chains through the anchor zone. IBC messages likewise have a data field, just like an e-mail attachment. By extending the info field, any data can be passed between your partition chains. The access method Serenity is the same as Ethereum 1.0. Designers deploy smart agreements independently. Polkadot Relay accesses the auction slot and pledges a lot of DOT. Much like Polkadot, Cosmos pledges Atom auction access qualifications. Then there's security. Serenity's shards are like standard containers. DApps can be devote, and security is assured by the system. As opposed to Cosmos, if the program chain is connected to the Hub or not, it guarantees its own security. The application chain produced by Substrate will be two options. Either hook up to Relay to become a parachain and make certain security by Polkadot; or run individually and ensure security by yourself. Lastly, the DApp upgrade is closely linked to the decentralized governance that will be highlighted later on. Right here we briefly summarize that Serenity does not support DApp upgrades, and Polkadot facilitates DApp security upgrades. The partition chain of Cosmos is definitely upgradeable, but the Cosmos SDK does not have built-in support for upgrades, and DApp developers need to carry out upgrades themselves. The biggest innovation of Polkadot/Cosmos is to give a new method of DApp growth, that is, to supply support for the growth of application-based blockchains. App chains can interoperate through cross-chain protocols, and each program chain can solely enjoy processing strength of more than 1000tps, and the efficiency bottleneck of DApp is definitely lifted. The following targets how Polkadot/Cosmos solves the issue of decentralized governance. Before that, we should 1st explain the function of decentralized governance and just why decentralized governance will be another main bottleneck for DApp invention along with performance. Part 3: What is the source of confidence for smart agreements? In early 2013, when I 1st came into contact with BTC, the most famous video game in the Bitcoin circle was Satoshi Nakamoto's dice. At that time, more than half of the BTC network's transaction volume happened in this gambling video game. The gameplay of Satoshi Nakamoto's dice is simple, no registration or client set up is necessary. Satoshidice.com has published a number of betting addresses, corresponding to different odds. As long as you transfer bitcoin, it is possible to take part in the overall game. If the seller loses, the bonus will undoubtedly be transferred back to the player's sending address. If the ball player loses, you will have very little btc repaid, which is equivalent to telling the effect. The true invention of Satoshi Nakamoto's dice will be that players need not be worried about the seller cheating, or that the overall game can show fairness. The proof technique is proven in the amount above. Simply put, the server generates a random amount beforehand and announces the hash value of the random amount. The server of every circular of gambling uses random numbers to determine wins or losses. After the outcomes of the gambling rounds are usually announced, the random numbers may also be announced. The ball player can verify the correspondence between your random amount and the hash value to confirm that the random amount is generated beforehand. The founder of Satoshi Nakamoto Dice is definitely Eric Voorhees, who was furthermore the founder and CEO of shapeshift, a famous cryptocurrency exchange assistance. At that time, Eric operated the Satoshi Nakamoto dice web site anonymously. In fact, even with his real name, he had not been a well-known individual at the time. As a result, dice players do not confidence the application since they believe the operator, but since they can verify the fairness independently. There is a famous stating in the currency chain -- Don't confidence, Verify! That's: Don't confidence, verify! The emphasis is definitely on verifiable. The In mathematics we confidence proposed by Mr. Zhang Shousheng also has the same effect. Verifiable applications make use of cryptography to create Provable Fairness, that may also be said to create Truest, so some people say that blockchain is really a machine that produces confidence.

The blockchain wise contract created by Ethereum is really a technology for building verifiable applications. The inner state of the wise agreement is publicly noticeable, and the system does not support concealed data, which I call the state verifiable. Furthermore, smart agreements should disclose the program code. Code disclosure is not only open source, but the system guarantees the corresponding agreement source program code and execution program code. The user can look at the contract program code to verify that the digesting logic claimed by the developer will be consistent with the actual implementation, that's, the digesting logic can be verified. Furthermore, smart agreements cannot call random quantities, the current system period, nor can they straight access off-chain data, thus ensuring the determinism of execution. This shows that smart contracts certainly are a universal technology for building verifiable programs. And the descendants of Satoshi Nakamoto's dice furthermore shine on the three main smart contract platforms. To be able to protect the verifiable processing logic, the system usually does not allow wise contracts to be upgraded, because developers unilaterally modifying wise contracts will undermine verifiable fairness. However, non-upgradability causes large difficulties for program development. It really is almost impossible for an application to guarantee there are no defects. The wise contract works on the open public chain system, and anyone can access it anonymously without permission. Furthermore, smart contracts can be used to procedure encrypted asset transactions, and any minor flaws will undoubtedly be exploited by hackers. Smart agreements such as for example TheDAO, Parity multi-signature wallet, and US chain 1CO all caused large economic losses because of minor system defects. On the other hand, Internet programs and mobile programs often iterate quickly, continuously adapting to consumer needs, enhancing features, and improving expertise. If the blockchain program can only "respond to all changes with exactly the same", it will be tough to win your competition. To be able to break through the non-upgradeable limitation of wise contracts. Developers make use of strategies such as for example delegateCall to bypass the system and carry out an upgradeable design pattern for wise contracts, as proven in the amount above. Upgradable wise contracts usually contain three parts: company contracts, state agreements, and digesting logic contracts. The state contract stores all the data that needs to be persisted. The company contract is in charge of forwarding external assistance requests to the digesting logic agreement. The proxy agreement saves the deal with pointer of the digesting logic agreement. By deploying a new version of the digesting logic agreement and modifying the deal with pointer of the proxy agreement, the digesting logic can be upgraded. The upgradeable design model makes the smart contract upgradeable, at the expense of destroying the verifiable processing logic of the smart contract. The developer can modify the wise contract without the user's consent or even without the user's knowledge. So can customers still trust wise contracts? The solution is that case analysis is necessary. Beneath the premise that the contract is variable, the trustworthiness depends on the standing of the controller of the contract. For example, Paxo/GUSD along with other compliant stable currencies, we realize that the operating entity of Paxo/GUSD is really a compliant business supervised by the brand new York Financial Bureau, and its own stable currency reserves are usually regularly audited. Although operators of the stablecoins can upgrade (modify) smart agreements at any time, users won't have any doubts about it. But everyone should note that the confidence of compliant stablecoins isn't created by the blockchain, but extends the confidence beyond your chain to the chain. For example, eher company released USDT through the blockchain, just using the accessibility of blockchain technology and quick liquidation features. USDT's credit isn't made by blockchain, but provided by Tether. Another situation is normally that it is not individuals or companies that have the proper to upgrade wise contracts, but also decentralized anonymous organizations (DAOs), such as for example MakerDAO, Aragon, etc. They use a decentralized governance procedure (generally implemented with wise agreements), and stakeholders vote to determine the modification of the contract rules. In this instance, the credibility of the wise contract depends on the credibility of the DAO. We shall continue to extend this topic later. Summarize the content of the section. Smart agreements are systems for building verifiable programs. Verifiable state + verifiable digesting logic creates provable fairness. The recognition of smart agreement gambling probably comes from this. Verifiable and upgradeable certainly are a contradiction. Upgradable wise contracts ruin verifiability, and the source of their credit may be the operating subject matter of the agreement. Component 4: The Have faith in Source of Bitcoin Let's consider the way to obtain rely upon Bitcoin. The Bitcoin price surge in March 2013 is generally believed to be linked to the Cyprus Banking Crisis. The remaining side of the aforementioned picture can be an excerpt from the news headlines of the main financial press at the time. Like Iceland and Ireland, Cyprus can be an emerging offshore financial center. With its low taxes rate and loose supervision, it has attracted a great deal of funds inflows. Of Cyprus's 70 billion euro lender deposits, 30 billion originated from Russia. Your debt crisis in Greece caused heavy losses to the banking institutions of Cyprus, and the banking institutions were insolvent and confronted bankruptcy. The final solution is definitely for depositors to cover, and accounts with an increase of than 100,000 euros are nearly lost. For the first time, the Banking Crisis in Cyprus clearly reminds individuals who money stored in banking institutions, even if it really is kept in banking institutions in developed Europe, can be returned to zero overnight. Simultaneously, Bitcoin, as a non-sovereign value storage technique that will not rely on financial intermediaries, has entered people's industry of eyesight. Since that time, whenever there is a currency crisis in a nation, which includes Argentina, India, Venezuela, South Africa, Turkey, and Iran, there has been a substantial increase in Bitcoin transaction volume. This series of details proves that Bitcoin has been recognized as a super-sovereign value store currency. Even in areas where inflation isn't severe, increasing numbers of people make use of Bitcoin to preserve their personal wealth. The store of value is crucial to people's survival and reproduction. How come Bitcoin bear such a heavy trust? We compare the way in which Bitcoin generates confidence with Ethereum wise agreements, and we are able to discover that Bitcoin's credibility is neither because of verifiable program code, nor because Bitcoin core developers have credit score. Most Bitcoin customers, including me, haven't seen the program code of the Bitcoin node, and do not focus on the program code, and the Bitcoin process can be altered (forked). As for who decides on the upgrade of the Bitcoin process, Satoshi Nakamoto's preliminary idea is to vote for computing power. Associated with that computing strength is definitely unforgeable, and miners will be the major stakeholder group of Bitcoin. Nonetheless it is very likely that Satoshi Nakamoto didn't foresee the emergence of dedicated ASIC mining machines, completely squeezing out computers from mining competition, and forming a position quo where several main mining pools monopolize computing power. There are four major stakeholder sets of Bitcoin: miners, developers, users and companies (exchanges, wallet producers, blockchain browsers, communities, press, etc.). They will have unanimous interests in addition to conflicting interests. For example, almost all individuals have benefited from the long-term price increase of Bitcoin. But customers want the transaction fee to be only achievable, while miners need the transaction fee to end up being as high as possible. Because of conflicts of attention, all parties will have different opinions on the evolution of the Bitcoin process, and the four celebrations have the ability and ways to impact the protocol analysis. Based on the history of Bitcoin's fork video game, it is generally considered that Bitcoin Core (developers), not miners, have the greatest impact on protocol evolution. Therefore do we confidence Bitcoin because we confidence Bitcoin core? Recently, a big boss within the mining sector claimed that Bitcoin Core will ultimately cancel the Bitcoin issuance limit of 21 million. As one of the customers who make use of btc for long-term value storage space, should I worry? In all honesty, I am not concerned, not because the boss's logic will be faulty (I didn't actually take time to study his logic), nor because I confidence Bitcoin core. I don't even understand that the current Bitcoin core consists of several people, who are they. But since I first purchased btc for a lot more than 6 many years, I know there are numerous Bitcoin customers who are in line with my interests. Most of us regard BTC as an asset that people can fully control (remember the Web3 vision?), and it is the most dependable store of value. Assuming that the core of Bitcoin will be in some cause to sacrifice the scarcity of Bitcoin, it should be implemented by way of a difficult fork. I just need to keep the BTC with scarcity warranty and sell the forked coin (maybe called Bitcoin Uncapped?) without scarcity warranty. That is to use my coins to vote for would you not support. I believe that there will be tens of thousands (not and not always all) in the Bitcoin community who'll make exactly the same option as me. And there will definitely be developers maintaining the scarce Bitcoin program code (to form the new core?). After some tossing down, apart from the marginalization of the initial Bitcoin core, I don't find any other possible results. Therefore, my rely upon Bitcoin is due to the multi-party strength that affects the evolution of the Bitcoin protocol, and because the blockchain can be forked, groups with different interests can move their separate methods, and the majority of Bitcoin customers can choose to support/not support / Which fork will be supported at the same time. Therefore, the source of rely upon Bitcoin will be widely-participated governance and bifurcation, which is completely different from wise agreements. This is actually the decentralized governance referred to in this post. Component 4: In-depth discussion of decentralized governance issues In summary the conclusions of the previous section: In addition to provable fairness, the source of rely upon blockchain programs is decentralized governance. And only programs that generate confidence through decentralized governance are usually truly decentralized programs. In this section, we expose the overall process and growth position of decentralized governance. Take Bitcoin for example. The basis of governance will be intensive participation in discussions, with opinions expressed, discussions and even debates on bitcointalk, reddit's online communities, large and little conferences, and numerous media. Researchers will conduct analysis on a particular topic, such as for example privacy, efficiency or even more generalized signature schemes, P2P conversation protocols, etc., and publish research outcomes. Ideas for the enhancement of the Bitcoin process are presented by means of BIP (Bitcoin Enhancement Proposal). Essential BIPs will arouse the attention of the Bitcoin community and result in wider discussions. The developer (not necessarily the Core, nor the sponsor of the proposal) can implement a particular BIP. Currently, Bitcoin does not have a formal funding procedure for developers. Cryptocurrency communities such as for example Dash/Monero have a typical process to decide whether and how to provide financial support to developers. After the implementation of the process improvement, it came to the most crucial action of decentralized governance: who and how to decide the BIP deployment and online, and become portion of the Bitcoin protocol. The governance of Bitcoin as of this critical link is very ambiguous, also it can be roughly referred to as the core developer's decision to release BIP based on the broad community consensus that has been reached. What is a broad consensus? Includes a broad consensus been achieved? There is absolutely no clear standard, which is especially obvious in the controversy of huge blocks vs. Segregated Witness which has lasted for pretty much 3 years. The governance procedure for Ethereum is very similar to that of Bitcoin. Possibly the only essential difference lies in the huge impact of God V in the Ethereum community, making it easier to get to consensus on the enhancement of the contract backed by God V. Since the final outcome of this kind of governance procedure is to implement process forks, it might be called fork governance. Although bifurcation governance achieves the goal of decentralized governance, it has obvious flaws. The biggest problem is definitely that the governance procedure will be ambiguous, so it's very inefficient, tough to improve, and an easy task to belong to dispute. For example, the lengthy soap operas surrounding ProgPoW in Ethereum will be the inevitable consequence of chaotic and disorderly governance. With out a apparent governance process, similar soap operas will undoubtedly be staged repeatedly. In response to the deficiencies of fork governance, Decred pioneered on-chain governance. That's, the holders of the Decred token vote on the proposal through on-chain transactions, and the proposal exceeded by the vote can be deployed on the internet. EOS and Tezos also have done a lot of useful exploration on chain governance. The proper side of the amount above divides the quadrants of the current state of decentralized governance. Bitcoin and Ethereum adopt bifurcation governance. EOS and Tezos blockchains adopt on-chain governance. But as far as I know, EOS and Tezos do not supply governance support for smart agreements working on the system, so they still haven't solved the issue of DApp governance. Decred is likely to be the only decentralized program with full on-chain governance. But Decred's governance also has obvious flaws. First of all, Decred is really a PoS+PoW hybrid consensus. Token holders and PoW miners are stakeholders of the system, but PoW miners cannot straight participate in on-chain governance, and their appeals for interests are ignored. Furthermore, Decred's proposal will be direct voting by token holders, which is equivalent to a referendum for every decision. This is inefficient, and decreasing problem will be that the actual voting rate is very low. Although some proposals have tens of percent of the tokens to vote, the participation rate of the coin-holding deal with is pitiful. Both of these problems have already been well solved in a few real PoS chains. The governance schedule of PoS will be Staking. Staking represents long-term attention binding. The purpose of governance is to make the encryption process continue to enhance and maximize long-term benefits. As a result, it is very befitting the holders of Staking to participate in governance. Furthermore, the new batch of PoS has implemented a particular proxy system, DPoS/BPoS/NPoS, which is equivalent to the realization of a representative program. Day-to-day time governance can be carried out by elected validators, who are equivalent to parliaments. Verifiers will often have huge common interests with encrypted networks, and they are inspired to invest resources in governance. Furthermore, major votes, specifically proposals with conflicting interests between validators and delegators, can and really should be submitted to the token holders for referendum. Component V: Polkadot's governance mechanism Polkadot's governance is unprecedented full-procedure on-chain governance, based on the most cutting-edge blockchain technology. The voted proposal is not only a explanation of the modification of the contract, but also the new contract itself, which is an executable system compiled and called wasm blob. After the voting on the chain is definitely passed, the new version of the program will be distributed to the validator nodes through the blockchain and instantly activated. There will be no forks during the upgrade procedure. Predicated on breathtaking technology, Polkadot can be reported to be the very best in on-chain governance, and will be undergoing a lot of invention and exploration. Polkadot governance is still undergoing rapid evolution. A few days ago (May 24) Polkadot simply announced the release of PolkaDAO. PolkaDAO relocated the decision-making procedure for financing the proposal to the chain (presently it really is Ethereum, it will proceed to Polkadot in the future). I think the evolution won't slow down prior to the mainnet goes live, or even after the mainnet goes reside.

#btc game #enjin games #new bitcoin games #best bitcoin games 2017 #top crypto games

[fuckyeahphysica]

In the 5G era, how does Cocos help the development of cloud games?

On July 16, the cloud gaming summit forum "Explore and Interactive Experience" initiated by Jinghe finished successfully. Getting into 2020, with the accelerated building and software of 5G, China's cloud gaming market will undoubtedly be in a period of rapid growth. Chip producers, cloud service suppliers, and game producers are all paying plenty of focus on the cloud gaming field. To be able to introduce the near future direction of Maiyun games, Cocos Chairman Chen Haozhi, Tianyi Cloud Game Manager Li Zhi, Huya YOWA Cloud Game Product Manager Wang Chenyu, Shiboyun President Wu Junming, and Guojin Securities Media Internet Chief Analyst Yang Xiaofeng gathered together with each other to talk about Insights. The official commercial usage of 5G has taken completely new changes to the complete game industry. In accordance with statistics, 47 producers in China possess set feet in the cloud video game field. Many listed businesses such as for example Tencent, Netease, and Shengqu have released cloud game systems and set up self-developed "native video game" studios. As one of the largest video game engine providers, Cocos conforms to the tendency of the open world of games and helps designers to develop on the cloud, one step closer to native cloud games. Regardless of cloud game playing PaaS layer services, a full set of deployment solutions, or engine adaptation cloud game playing platform development support, you can find already considerable specialized and product reserves. Developers no longer need to be worried about back-end growth logic and equipment adaptation, and concentrate more on video game creativity.

Talking about if the engine of cloud games must be adapted to the server where future games are located, Haozhi mentioned that the primary of cloud games in the future does not actually need the R&D team to take into account the running part, and it requirements to consider the server part more. For the server side, there might be an evolutionary procedure. In the Chinese atmosphere, he said he is more optimistic about the ARM server, and also a specific GPU rendering ability, nonetheless it will nevertheless take 2 to 3 3 years before it can truly enter efficient commercial use. phase. Looking back upon the development background of the past few decades, games always embrace the latest technology pertaining to the first time, through the initial red and whitened consoles in order to the popularity associated with PC games, through the rise associated with mobile games to the current 4K games, games every few years It'll iterate as soon as and give play in order to every point associated with the hardware. So will the period of cloud gaming bring different targets for picture quality?

Haozhi believes that at the existing phase of rapid development of cloud games, it is more like the first times of mobile games. Really producing native cloud games will start from a casual or cartoonish perspective. In addition, the existing user targets for the image high quality of cloud games in fact deviate from the cloud video game technology. If designers abandon local processing power and place the complete load on the cloud, but the overall growth structure and procedure for research and growth does not really adapt to the architecture of cloud games, this is actually a waste of assets. At the same time, at the mercy of the constraints of transmission, delay, and 4G itself, cloud games on the market today are more about different gameplay and changes functioning methods. Of course, 5G is still in its earlier stage. In accordance with Huawei's plan, the air user interface delay from the mobile terminal to the bottom station will undoubtedly be reduced to less than 1 millisecond in 2 to 3 3 years. He believes that only by effectively integrating the processing energy, latency, and advantage computing abilities of the terminal in the cloud may we maximize the realization of much better graphics and image results and a cooler gaming experience.

As one of the hottest engines, Cocos already has a complete set of tool chains, excellent rendering performance and growth experience, and due to excellent cross-platform assistance, the games we make are very easy to expand, whether it's a low-end device, High-end computers or browsers can easily get an instant-on-play experience. Haozhi emphasized that Cocos will undoubtedly be committed to providing a far more efficient growth atmosphere and lower growth costs, and optimize the growth procedure for cloud games and native cloud games at the game engine level to adapt to the uniqueness of cloud games that are not the same as existing games. The working architecture will give full have fun with to the processing energy of cloud gaming cloud resources, decrease the single-channel working price of cloud gaming, and continue steadily to provide specialized help for the "cloudification" of the game industry chain. I really believe that in the future, with 5G + cloud empowerment, Cocos will help designers bring gamers a far more seamless cloud gaming experience.

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[fuckyeahphysica]

[Financial Information Network] Wang Jianlin markets overseas assets, this stock is 90% crazy! There are more than 150,000 deaths from the new crown in the United States, experts: it may not need reached the most severe stage

The National Health Commission reported that from 0-24 hours on July 29, 31 provinces (autonomous regions, municipalities) and the Xinjiang Production and Structure Corps reported 105 new confirmed cases, including 3 imported cases (1 in Guangdong and 1 in Yunnan) , 1 case in Shaanxi), 102 local cases (96 cases in Xinjiang, 5 cases in Liaoning, 1 case in Beijing); no new deaths; 1 new suspected case, an imported case (in Shanghai). Beijing: Contract breach caused by the epidemic, try to resolve it The Beijing Increased People's Court's written report on optimizing the business environment stated that for contract breaches, corporate debts, labor disputes, corporate bankruptcies and related enforcement cases caused by the epidemic, Beijing will need the next step to minimize the effect on corporate production and operation. The judicial actions of the United States, more usage of reconciliation and mediation methods to accomplish a win-win situation, to help businesses overcome difficulties collectively. Take compulsory actions prudently relative to regulations, prohibit extreme seizures, seizures and freezes, minimize the impact of judicial actions on the standard production and procedure of enterprises, and guard the enthusiasm for invention and entrepreneurship of varied market entities. Beijing, on the 29th, 1 new case related to the epidemic in Dalian City, 5 instances had been cured and discharged From 0:00 to 24:00 on July 29, there was a fresh case related to the Dalian epidemic in Beijing, who was simply a close get in touch with of the confirmed case in Dalian on July 27. There have been no new suspected instances or asymptomatic bacterial infections; No recently reported overseas confirmed instances, suspected instances and asymptomatic bacterial infections; 5 instances were cured and discharged. All kindergartens in Dalian are suspended Zhao Yang, director of the Dalian Training Bureau, said at a press conference held by the neighborhood authorities on the 30th that following a confirmed case of new coronary pneumonia in Dalian on July 22, 31 kindergartens in Dalianwan Sub-district, Ganjingzi District, Xigang District Workers' Village Community 1 The kindergartens and 6 kindergartens in the Huayuankou Economic Zone immediately took actions to near their kindergartens on July 23. On July 24, sticking with changes in the situation of epidemic prevention and control in Dalian, all 1,322 kindergartens in the city suspended entrance of children. You can find 96 fresh local cases within Xinjiang and 414 confirmed cases The Xinjiang Uyghur Autonomous Region Health Commission reported that between 0:00 and 24:00 on July 29, the Xinjiang Uygur Autonomous Region (including the Xinjiang Production and Structure Corps) reported 96 new confirmed cases of new coronary pneumonia (8 of which were asymptomatic infections converted to confirmed cases) ), 18 new cases of asymptomatic infections, all in Urumqi; 4 recently cured and discharged verified cases, which are Urumqi instances; 1 case of critically ill patients converted to severe instances, and 2 instances of severely ill patients converted to common types. Pelosi asked to wear a mask in the House of Representatives, before the MPs tested good for the new crown The Speaker of the U.S. House of Representatives, Pelosi, can be forcing all associates to wear masks, because Texas Republican Representative Louis Gohmert, who usually walks around the congress hall without a mask, said before he tested optimistic for the new crown virus. "Members and staff should always wear masks in the House of Representatives hall, and they can only just be temporarily taken out if they confirm their speech," Pelosi said in the House of Representatives chamber. She furthermore mentioned that she hoped that associates and personnel would know that they'll not be allowed to enter the hall of the home of Representatives without wearing a mask. The number of deaths from the new crown in the United States exceeds 150,000, and experts say it may not need reached the "worst stage" Real-time figures from Johns Hopkins University in the United States show that as of the 29th, the cumulative number of confirmed instances of new crown in the United States has exceeded 4.4 million, and the cumulative number of deaths has exceeded 150,000. In an interview with Xinhua Information Company reporters, American epidemiologists mentioned that although the US gets the highest number of verified and lifeless cases on the planet, the US epidemic might not reach the "worst stage." Specialists say that because of the latest shortage of virus screening reagents over the United States and a large number of asymptomatic or mild patients which have not really already been tracked, the actual number of bacterial infections in the United States may be higher than the official report. 69 thousand cases! New report in a single time, Brazil opens worldwide flights to foreign tourists on this day On July 29, local time, Brazil notified 69074 new confirmed instances of new coronary pneumonia and 1595 new deaths in the country in a single day. Reuters mentioned on a single time that the amount of new confirmed instances and deaths in a single day set new records. Nevertheless, as these amounts surged, Brazil reopened worldwide flights to foreign travellers. On the 29th local time, Brazil reopened worldwide flights, which have been banned since March, to foreign travelers, even though the country may be the nearly all affected country outside the United States. The Brazilian authorities stated in a decree that travelers from all nations can happen to be Brazil as long as they have health insurance through the trip. More than 52,000 new confirmed instances in India, a rise of more than 40,000 day-to-day for 8 consecutive days The latest data released on the state website of the Ministry of Health of India implies that as of the morning of July 30 local time, the amount of confirmed cases of new coronary pneumonia in India rose to 1 1,583,792. In the past 24 hours, India has recently confirmed 52,123 cases, 775 new deaths, and a complete of 34,968 deaths. ★ Macro dynamics ★ Ministry of Commerce: E-commerce live broadcasts exceeded 10 million in the initial fifty percent of the entire year, with over 50 billion viewers Gao Feng, spokesperson of the Ministry of Commerce, introduced that live streaming has turned into a new engine for the advancement of e-commerce. According to business big data supervising, in the initial fifty percent of the entire year, e-commerce live life broadcasts exceeded 10 million, the amount of energetic anchors exceeded 400,000, the amount of viewers exceeded 50 billion, and the amount of products on the shelves exceeded 20 million. The live life broadcast scenes have become increasingly more diverse, and live life broadcasts of commercial belts, time-honored manufacturers, intangible cultural heritage, cultural tourism instructions, and education open public classes possess emerged one after another. Gao Feng, spokesperson for the Ministry of Commerce, said that online retail has turned into a stabilizer in the consumer market. The scale is growing and its own role becomes even more prominent. From January to June, the national online retail sales of physical items arrived at 4.35 trillion yuan, a year-on-year increase of 14.3%. Among them, the online retail sales of physical items accounted for 25.2% of the full total retail sales of consumer items in exactly the same time period, a rise of 5.6 portion points on the same time period last year. The number of on the web shopping customers nationwide elevated by 100 million on the previous season. The number of stores on major online retail systems increased by 3.8% year-on-year. ^ Shenzhen's property regulation "new eight" guidelines were formally released. Shenzhen's property regulation "new eight" rules were formally promulgated, which pointed out that Shenzhen resident households, grownup singles (including divorced) who have been within their households for under 3 years, so long as other housing problems are met, they are able to provide housing in the city before the day of purchase. For those who have compensated personal tax or public insurance plan certificates for 5 years or more, relative to the appropriate provisions of Article 4 of the "Measures to Further Promote the Stable and Healthy Development of Our City's Real Estate Market" (Shenfuban [2016] No. 28), the purchase of one group of commodities is fixed housing. Beijing Municipal Financial Supervision and Administration Bureau: Web (network) microfinance firms from various other provinces and metropolitan areas must not perform offline microfinance business in our city The Beijing Municipal Financial Supervision and Administration Bureau issued a risk alert stating that recently, some Web (network) microfinance companies from other provinces and cities cooperated with third-party financing companies to conduct offline business in our city in disguised form, improper advertising and transfer of responsibilities. Hidden risks such as for example risks can simply result in mass incidents. Web (network) microfinance businesses in various other provinces and metropolitan areas shall not carry out offline microfinance business in our town. For such functions, once discovered, our bureau will need corresponding actions and report the relevant situation to the supervisory authority where the corporation is registered. McDonald's will permanently close 200 stores in the U.S. American junk food chain huge McDonald's said on the 29th that 200 of its 14,000 stores in the United States will be permanently shut this year. "USA Today" reported on the 29th that McDonald's has 39,000 stores worldwide, of which 96% are open. On the other hand, this body was 75% at the beginning of the second quarter of this year. Comparable store sales fell 39% in April and 12% in June. Of the 200 stores that McDonald's plans to near this time, more than half are "low visitors" restaurants situated in Walmart supermarkets. McDonald's isn't the only real restaurant corporation that announced that some stores will be permanently closed. By the finish of 2020, Dunkin' Dole, which focuses on doughnuts and espresso, will close 450 stores. Starbucks introduced in June that it plans to near as many as 400 company-owned stores within the next 18 months. Yoshinoya will close 150 stores worldwide, involving the Chinese market Yoshinoya, a large restaurant chain brand, recently announced that it will close 150 stores around the world, including the Chinese market. Yoshinoya currently has about 3,300 stores in Japan and abroad, of which there are more than 1,000 stores overseas, and China accounts for 60% of these. Guangzhou: Make an effort to establish duty-free of charge stores in the city in the second half of the year The 39th meeting of the Position Committee of the 15th Guangzhou People's Congress was held. At the meeting, Chen Zepeng, deputy director of the Guangzhou Development and Reform Commission, reported to the Position Committee of the Municipal People's Congress on the execution of the national economic and public development plan for the very first half of 2020 and the concentrate of work in the second fifty percent of the entire year. In the second fifty percent of the entire year, Guangzhou will actively advertise the building of the Tianhe Road business district being an "International Customer City Demonstration Zone" and make an effort to establish duty-free of charge stores in the city. Create a “new, popular, and premium” launch platform for the urban customer industry to aid bulk consumption such as for example automobiles and kitchen appliances. "Wuhan consumer coupon codes" have driven consumption by over 5 billion yuan It was learned from the Wuhan Municipal Bureau of Commerce on July 29 that since the “Wuhan Customer Discount codes” were released on April 19, the write-off rate has continued to rise, playing an important role in promoting the resumption of work, production and business in Wuhan and boosting customer confidence. , The city's business economy is displaying an accelerated recovery and continuous improvement. As of July 29 (before the the other day of start), the cumulative number of “Wuhan Customer Discount codes” has exceeded 43 million, stimulating consumption by more than RMB 5 billion. The China Banking and Insurance coverage Regulatory Commission publicly solicits opinions on the "Regulations on the Solvency Management of Insurance Companies (Draft for Comment)" The China Banking and Insurance coverage Regulatory Commission and the People's Bank of China revised the "Regulations on the Solvency Management of Insurance Companies" (Insurance coverage Regulatory Commission Purchase [2008] No. 1) to create the "Regulations on the Solvency Management of Insurance Companies (Draft for Comment)", which is now open for public discussion viewpoint. The "Draft for Comment" absorbed the achievements of the second generation of compensation since its execution in 2016, upgraded the theory and framework requirements in the second generation of supervision guidelines to departmental rules, and further improved the regulatory actions to boost their pertinence and effectiveness , To better avoid and resolve the solvency dangers of insurance companies. "China Game Market Report" released: mobile games are developing rapidly, emphasizing independent research and development On July 30, 2020, the 18th China International Digital Entertainment Industry Conference was held. The China Sport Industry Survey for January-June 2020 released at the meeting showed that from January to June 2020, the actual sales revenue of China's video game market had been 1,394.93 Billion yuan, a rise of 22.34% year-on-year, and the growth rate increased by 13.75 portion points year-on-year. The actual sales revenue of mobile video games accounted for 75.04% of the full total revenue of the overall game market. In the development of China's video game sector in the initial fifty percent of this year, the actual domestic sales revenue of China's self-developed video games arrived at 120.14 billion yuan, a year-on-year increase of 30.38%. ★ Financial Institutions ★ Hong Kong digital bank WeLab Bank officially opened WeLab Bank, a virtual bank in Hong Kong licensed by the Hong Kong Monetary Authority, officially opened today. According to the official intro, WeLab Bank provides pure on the web digital banking providers. In addition, customers can apply to cooperate with MasterCard for issuance, which is the initial WeLab bank card without a card amount that has been publicly launched in the marketplace. The first batch of 6 Sci-tech Innovation Board funds have already been sold out, and 5 have announced the contract to take effect As of July 30, along with Wanjia Money, China Common Fund, E Fund, China Southern Fund, Wells Fargo Fund, and Bosera Fund have all issued announcements announcing that the company's newly established Science and Technology Advancement Board fund contract has taken effect. The net subscription amount elevated for the first time had been 2.975 billion yuan for China Universal Fund, 2.966 billion yuan for E Fund, 2.967 billion yuan for China Southern Fund, 2.966 billion yuan for Wells Fargo Fund, and 2.510 billion yuan for Boshi Fund. China's first batch of standardized expenses for foreign industry companies landed in Nanjing Branch of CITIC Bank On July 29, "CNBC Nanjing Sumida 2020 First Phase of Standardized Expenses" was successfully created, and the country's very first batch of standardized bills for foreign industry companies officially landed in Nanjing Branch of CITIC Bank. Standardized bills will be the first costs item in China. By product packaging the same type of bill possessions and forming an asset pool, they're released on the open market, providing new choices for corporate clients to raise funds. ★ market data ★ The index fluctuates weakly throughout the day, and the idea of tax exemption is mixed up in afternoon As of the close on July 30, the Shanghai Composite Index fell 0.23% to close at 3286 points; the Shenzhen Component Index fell 0.67% to close at 13,466 points; the ChiNext Index fell 0.86% to close at 2743 points. The index had been under pressure and fluctuated throughout the day. Stocks in both cities fell even more and rose much less, and there have been more than 90 daily limit stocks. The short-term environment was good, and the marketplace was still undergoing a benign adjustment. In the industry, the vaccine concept craze accelerated and pass on to the chilly chain path. The cement industry performed highly. Securities firms, technologies and military sectors modified, satellite routing, photovoltaic, wind strength along with other sectors took turns to improve. In the afternoon, agricultural stocks and shares strengthened, the idea of tax exemption was energetic, and individual stocks Funds favor specific stocks and shares with sufficiently apparent essential attributes and sector advancement logic. Wannianqing and Sinoma Technology have all arrived at new highs. On the whole, the marketplace is still the strong and the strong structure, the industry can be dominated by rotation, and the administrative centre is well received. On the disk, the cement, vaccines, and agricultural planting sectors rated on the list of top gainers, while the digital currency, military sector, and gold sectors had been on the list of top decliners. The financing balance of both cities increased by 12.455 billion yuan As of July 29, the Shanghai Share Exchange's financing balance was reported at 709.581 billion yuan, a rise of 5.730 billion yuan from the previous trading day; the Shenzhen Share Exchange's financing balance was reported at 648.784 billion yuan, a rise of 6.725 billion yuan from the previous trading day; both cities totaled 1,358.365 billion yuan. An increase of 12.455 billion yuan from the previous trading day. ★ Company dynamics ★ The parent company of Haiqi Group will receive a tax-exempt license On July 30, a source close to the Hainan Provincial Authorities revealed that the Hainan Provincial Authorities held a gathering to find out that Hainan Tourism Investment Development Co., Ltd. will acquire an outlying island tax exemption license. It is a wholly-owned and controlled business by the Hainan State-owned Assets Supervision and Administration Commission and the mother or father corporation of the shown corporation Haiqi Group. By the end of this past year, 100% of Haiqi Group's equity was used in the Hainan State-owned Assets Supervision and Administration Commission. Ideal car landed in Nasdaq tonight Ideal Car will officially end up being listed in the Nasdaq under the stock code of "LI" at Beijing time today (July 30), starting to be the second domestic "new car maker" to end up being successfully listed in the United States after NIO. strength". Investors provide a valuation of 50 billion U.S. dollars, and ByteDance continues to be hard to give up TikTok On July 29, there have been media reports that some shareholders of Bytedance were trying to acquire TikTok, and their valuation was about US$50 billion. According to resources, this valuation is 50 periods TikTok's estimated revenue of $1 billion in 2020. Compared, Snap's present valuation is $33 billion, which is 15 periods its estimated revenue in 2020. It could be seen that investors are full of interest in obtaining TikTok. In response to the news headlines, Bytedance mentioned that it could not touch upon market rumors. Wang Jianlin sold Chicago project for US$270 million, Wanda Hotel Development soared 90% intraday Now, with the purchase of the Chicago project, Wang Jianlin offers marketed all his overseas property assets. Suffering from this, Wanda Hotel Development (00169) quickly surged at the starting, with an boost of nearly 90% at one time. As of the near, the stock shut up 24.53%. Feng Xin of Baofeng Group was prosecuted for nonpublic bribery and was defrauded of 100 million yuan by his subordinates during overseas acquisitions It is learned from relevant departments that Feng Xin, the founder of Stormwind Group, has been prosecuted to the courtroom on charges of bribing non-state personnel. According to Feng Xin's loved ones and colleagues, the aforementioned allegations are directly related to some particular operations through the acquisition of MPS. It is also comprehended that Feng Xin recently filed a complaint with the next Branch of the Shanghai People's Procuratorate concerning the “fraud” of a 100 million yuan fund by his subordinates. Similarly, this incident furthermore happened in the MPS acquisition. CATL established a fresh joint venture company with business covering intelligent simple manufacturing, etc. Ningde Occasions and Hangzhou Anmaisheng Intelligent Technology Co., Ltd. founded a joint venture company Anmai Occasions Intelligent Production (Ningde) Co., Ltd. The new company's business scope includes smart basic manufacturing, equipment manufacturing, and sales of intelligent material handling equipment. Millions of users are watching @167 million shareholders! The chance for "low cost" is here now, 49 brokerages open the 818 financial management festival! Annualized 8.18% Preemptive purchase, iPhone awards are waiting for you... to discover which one may be the most abundant The first stock of new crown vaccine! The issue price can be 209.71 yuan, and the initial lottery might earn 170,000 yuan! Don't miss a fresh release on Friday. Vaccines are receiving weighty and the director of the CDC offers been vaccinated The fund position is too high, and the A-share market outlook is "hanging"? The 88 spell could have expired. This key factor is ignored. There is still plenty of room for improvement in A-share positions. Soaring again! A-shares soared 1.8 trillion a time, two major events ignited market sentiment! Trillions of transactions have also returned, just how long can this wave of market go? The shares welcome the big test on Wednesday! The sci-tech invention board's 180 billion ban lifting peak can be approaching, and four layers of "cushions" have already been created by supervision. Can the technologies bull keep on? This action may be the key

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[fuckyeahphysica]

Learn to make use of Opium options to hedge gas price increases in three minutes

The increase in Gas price has a huge effect on DApp designers and Ethereum users, and option trading can simply reduce this risk. Original Title: "Science | How exactly to Buy Call Choices about Opium to Hedge Gas Prices" Compiled by: Anastasia Korchagina Translation: Min Min This article explains how to hedge the risk of gas price fluctuations by buying call options on the Opium exchange.

A typical use situation for hedging dangers by investing financial instruments. Gas price increases due to network congestion may have a huge effect on DApp designers and Ethereum customers. However, by investing options (financial instruments that monitor gas prices), we can easily reduce this risk. Although option investing does not directly affect the fuel price itself, it can help judge the correct trader in order to avoid losses.

The following is a detailed guide on how best to hedge the risk of gas price increases through option trading. You can understand option investing as a kind of insurance to protect yourself or assembling your project from gas price fluctuations. Buying call choices is a solution to hedge high gas charges. Suppose there exists a contract and the execution price of the Gas fee is 35 gwei. Put simply, in the next week, the contract expects the average gas price to be 35 gwei. Through this contract, traders can purchase 10,000,000 (unit price is 35 gwei) at a cost of 0.35 WETH. If you believe that the average Gas price this week will be higher than 35 gwei, the call option can simply meet your needs. Let's ignore the contract price and fast forward to the weekend. Figure 1: The average gas price exceeds 35 Scenario 1: Gas price rises! (see image 1 ) As you might expect, the fuel price skyrocketed and the average value reached 45 gwei. Since you earlier purchased a contact choice for the Gas price at a unit price of 35 gwei, and now the Gas price has risen to 45 gwei, you've got a net profit of 0.1 WETH. Figure 2 The average gas price is leaner than 35 Scenario 2: Gas price decreases. (See Amount 2) You made a mistake in anticipation. Gas prices were suprisingly low this week, with an average worth of only 15 gwei. Because the actual fuel price is leaner compared to the price of one's call choice, you won't "exercise" the option. This is like a medical insurance. You do not need medical services if you are in good health and you will not exercise choices. In this case, the option trader loses only the contract cost. "What is the value of this option contract? What is the price?" There is no correct answer here because: The cost of a choice contract is not determined by the Opium exchange, but the marketplace; through the order book, it is possible to understand the price other customers are prepared to pay for this type of contract.

Presently, the minimum value of a call option contract is 0.232 WETH. There are 3 agreements sold as of this price. If you need to buy more call option agreements, you can purchase 3 more agreements at 0.233 WETH. Of course, if you think the price is unfair, it is possible to create a buy or offer order at your preferred price.

You only have to set the price when you submit the order. Subsequently, your order will be put into the order guide, waiting for counterparties ready to sell for you as of this price.

In the order book, you can observe other purchase orders and their prices. Currently, the highest buy order price is 0.011 WETH.

Translator's Notice: The above shape simulates the investing process and outcomes of call choices. Suppose Alice offers a call option to Bob, then Bob is in fact the one who is bullish on the Gas price and feels that the Gas price will rise. Alice is merely the contrary. Bob now pays 0.1 WETH, and Alice needs to lock in 0.245 WETH. Following the choice expires, if the fuel price rises, Bob can get income in line with the quantity of fuel and the difference between your option price and the marketplace price (and pay a handling fee to the contract); and Alice gets back Bob's earnings and contract dealing with fee. Remaining funds. If the Gas price drops, Bob won't exercise the right to get at all, therefore he only loses the price of buying the choice; while Alice makes a net profit on the option fee and may get back the funds locked in the contract. Trading Guarantee In order to avoid tail challenges, just about all derivatives we offer, such as for example gas price options, possess a fixed initial margin requirement. Put simply, the initial margin locked by the customer and seller when placing an order limits your profit and loss. As far as the call choice for the Gas price is concerned, only owner needs to secure some tokens as the initial down payment. Please focus on the "Preliminary Margin" home elevators the Opium swap panel, that may effectively prevent input errors.

Where may i buy contact options? You can purchase call choices on the Gas price on the Opium swap.

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What You Absolutely Should Know About Tron Online Games

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Many popular games now offer downloadable content usually called DLC. These are extras that you just to playing them. Whilst you really do need to select a game you'll enjoy, be sure you take notice the retail price. Some times buying DLC games can be two or three times more when they are DLC.

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[Picture Academy] Blockchain and Cryptography National Classroom Lecture 3-4: Hardcore "Dismantling" Ethereum

Introduction: This class uses a group of easy-to-understand content to present knowledge about blockchain and cryptography. You can find knowledge and stories here. From attention to enjoyable, the classroom is waiting for you to understand. The course content in this series starts with an introductory introduction to Bitcoin, then extends to the relevant technical principles and growth trends of the blockchain, and introduces various cryptographic technologies applied in the blockchain in a straightforward and simple way. Everyone is welcome a subscription to this Pinterest and continue to learn. [The content of this class is all selected and compiled from the lecture information, textbooks and the web of Blockchain and Cryptography by Professor He Debiao, the principle cryptographer of PlatON, the professor of the National Cyber ??Security University of Wuhan University, and the doctoral supervisor. The copyright belongs to the original author. If there is any infringement, please contact us immediately and we will cope with it in time. 】 3.3 Blockchain 2.0: Programmable Blockchain Within the last issue, we "disassembled" the representative of Blockchain 1.0, Bitcoin. In this matter, we keep on the dismantling trip, the object is Blockchain 2.0-the representative of programmable blockchain, Ethereum.

Bitcoin's blockchain architecture mainly revolves around the execution of supporting cryptocurrency. Though it has a certain degree of flexibility, it is still very limited in supporting application scenarios other than cryptocurrency. The core idea of Blockchain 2.0 is by using the blockchain as a programmable distributed credit score infrastructure to support the use of smart agreements, and to optimize the use of a wider range of scenarios and procedures in the financial field. A virtual currency support system is distinguished. After Bitcoin, many systems called Blockchain 2.0 appeared, the most representative which is the Ethereum platform.

Ethereum system framework diagram The main aspects of the architecture of Ethereum and Bitcoin are discussed below.

Account design

Bitcoin has no concept of a merchant account. Each user's balance is calculated from their UTXO on the blockchain. The look of Ethereum is by using the blockchain as a general decentralized system for managing the state transition of objects, and accounts are usually stateful objects. Ethereum has two forms of accounts: one is externally possessed accounts (EOA), and another is contract accounts. All exterior accounts are user accounts inside our common sense, which are controlled by private keys. A contract account is really a exclusive programmable account. The contract is saved on the Ethereum blockchain. This is a collection of code (functionality) and data (condition). The contract is controlled by the code and activated by all exterior accounts. The status of all external accounts is the balance, and the status of the contract account can be the balance, code execution, and contract storage. Hawaii of the Ethereum network is the state of all accounts. Hawaii is updated by the transaction of each block and a consensus needs to be formed over the entire system. The conversation between customers and the Ethereum blockchain needs to be noticed through transactions on accounts.

Blockchain design

Bitcoin uses the Merkle tree to compose the hash worth of the transaction right into a binary tree. The hash worth of the top node is equivalent to the fingerprint of the entire transaction listing and can be utilized to verify the transaction listing. Each block of the Ethereum blockchain not only saves the transaction list, but also saves the most recent state. Hawaii of Ethereum contains a key-value table, where the key is the address and the value is the adjustable declared in the accounts.

You can find 3 root hash values ??stored in the header of the Ethereum block: one is the Merkle root hash value of the transaction (Bitcoin just stores this one), another is the root hash value of the state, and another is the receipt The root hash value of. Another difference from Bitcoin is without a doubt that each block in the Ethereum blockchain shops the blockchain number and block difficulty. The status of accounts is frequently changed, brand-new accounts are frequently inserted, and keys are frequently inserted and deleted in storage. It is also required that the root hash of the tree is related to the info of the tree and contains nothing related to the order of up-dates. Patricia (Patricia) tree is really a data framework that meets these requirements, and the Merkle Patricia tree utilized by Ethereum stores data. Patricia tree, or compressed prefix tree, is really a a lot more space-saving prefix tree. For each node of the radix tree, if the node is the only son, it is merged with the parent node.

Patricia tree diagram

PoW mechanism

Ethereum has learned the classes of Bitcoin and designed the model that's not conducive to calculations. It utilizes an I/O-intensive model. I/O is gradual, and calculations are usually fast. It isn't so efficient for application-specific integrated circuits. Ethereum's PoW (Proof of Function) algorithm is called the Ethash algorithm (a modified Dagger-Hashimoto algorithm).

* The algorithm is GPU helpful. One would be to consider that if it only works with the CPU, it is worried that it'll be easily attacked by Trojan horses; another is that the movie memory is big now.

* The algorithm of the gentle client isn't suitable for mining, nonetheless it is easy to verify.

* The quick start algorithm mainly depends on Keccake256.

* As well as the traditional Block header, the info source furthermore introduces a random number array DAG (Directed Acyclic Graph) (proposed by Vitalik)

* 1 generation (Epoch) contains 30000 Blocks, and exactly the same random number array can be used in a single generation.

* The random number array is split into three ranges: seed worth, cache worth and data. The seed worth is very small. The cache worth is generated according to the seed worth. The initial worth of the cache layer is 16M, and each generation increases by 128K. Below the cache layer is the data worth utilized by the miners. The original worth of the info layer is 1G, with an increase of 8M per generation.

* The Keccak-512 algorithm can be used along the way, and the effect is 64Bytes.

* The info unit found in the core component is 128Bytes, and each part of the info layer depends on 256 elements of the cache layer. The ETHASH framework is mainly split into two parts, one is the generation of DAG, and another is Hashimoto to calculate the ultimate result.

ETHASH framework DAG main process DAG is split into three ranges: seed layer, cache layer, and data layer. The three ranges are gradually increasing.

* The seed layer is quite small and depends on the seed layer of the previous generation.

* The first data of the cache layer is generated according to the seed layer, and the latter is generated according to the prior one. This is a serialization procedure. Its initial dimension is 16M, and each generation increases by 128K. Each element is 64 bytes.

* The info layer is the data to be utilized, its initial size is 1G, now it is about 2G, each element is 128 bytes. Sun and rain of the info layer depend on the 256 elements of the cache layer

Schematic diagram of the calculation process of the cache layer

Schematic diagram of data layer calculation process Hashimoto main process Hashimoto's entire procedure is memory-intensive, the following: 1 The header information and the random number are combined, and a Keccak-512 operation is performed to get the initial one-way hash value Blend[0], 128 bytes. 2 Through another function (Fetch DAG), map to DAG, get yourself a value, mix with Mix[0] to get Mix[1], after looping 64 times, get Mix[64], 128 bytes. 3 After post-digesting, the mix final value is obtained, which is 32 bytes. After calculation, the effect is obtained. 4 Compare it with the mark value, if it is less than the mining success. The higher the issue worth and the lower the target worth, the more difficult it is (the more 0s are needed in leading). Note: To prevent miners, the blend function function in addition has been updated.

Hashimoto main procedure diagram Verification process Following the miner broadcasts the block to the network, how do the block be verified to complete a certain amount of work? The verification scheme is by using hashimotoLight to calculate the effect and digest of the execution result under the specified Nonce. Based on the nearby calculation result should be consistent with the MixDigest worth of the block, and the effect is lower compared to the given focus on value target, it means that the Seal check out is exceeded, indicating that the block has completed a certain amount of work. Back to the hashimotoLight technique, this method directly uses the cache to calculate the info line in real time to participate in the verification, much like hashimotoFull. As the data set can be generated through the cache, when there is no data arranged, the cache calculation may be used directly. In this way, for ordinary nodes, only a 16MB cache can be used to easily total the PoW verification, and the info products of the required data set can be produced on demand.

Computational and Turing complete

As a general-purpose blockchain system, Ethereum must provide better computing energy than Bitcoin, and chooses Turing's complete processing environment-the Ethereum Virtual Device (EVM). Which means that all imaginable calculations can be done on the EVM, which includes infinite loops. Ethereum adopts financial methods to make sure the safety of the Ethereum system: Ethereum requires that each transaction be given the largest calculation action, and the initiator of the transaction must definitely provide Gas like a transaction charge for miners to add the transaction to the block. If the actual operation exceeds the maximum calculation action, the calculation will undoubtedly be terminated, and the transaction charge will go to the miner who digs the block. Each node of the Ethereum network runs EVM and executes contract code.

EVM high-level language

Bitcoin does not provide high-degree language support, whilst Ethereum provides high-degree languages ??for customers to write smart agreements. The high-level language of Ethereum will finally be compiled into EVM bytecode to be executed in the EVM and deployed on the Ethereum blockchain. Ethereum provides 3 development languages: Solidity, Serpent and LLL.

Ethereum P2P network

RLPx protocol The RPLx-encoded and authenticated communication transmission protocol can be used to transmit message packets between Ethereum nodes. Nodes can freely publish and accept connections on any TCP slot. The default port is 30303. The existing official version of RLPx implements the next functions: single protocol UDP node discovery, ECDSA signed UDP, encrypted handshake/authentication, node persistence, encrypted/authenticated TCP, TCP frame processing. Whisper protocol The Whisper protocol is really a communication protocol for communication between DApps. Whisper mixes DHT (Distributed Hash Desk) and packet messaging system (such as for example UDP), so it has the features of the aforementioned two protocols at the same time. Whisper provides several indexes, not really a single record, which means that the same record can have several keys, and some keys could be the identical to other records. There are many usage scenarios:

* DApps have to publish a small amount of info, and these published info must be retained for a considerable period of time. For example, a forex trade publishes the detailed selling price of a currency, which selling price may need to be kept for a few minutes or days.

* DApps have to send indicators to various other DApps, hoping that they can participate in the coordination of a certain transaction.

* DApps have to provide non-real-time prompts or usual communications, such as for example chat room programs.

* DApp must provide dark conversation, that is, the two parties in conversation have no idea another party's more details aside from the hash worth of another party.

event

Event in Ethereum is an abstraction of Ethereum log and event monitoring process. The log record provides the address of the contract, a couple of up to 4 issues and some binary data of any length. Activities utilize existing Software Binary Interface (ABI) abilities to parse log records.

According to a meeting name and some event parameters, it can be split into two series: indexed and unindexed. Indexed (up to 3) are used to log the problem together with the Keccak hash signature of the event; the byte array that's not indexed can be used to compose the event. This is the end of the dismantling of Ethereum. Ethereum produced the era of smart agreements, bringing the blockchain from the 1.0 era to the two 2.0 era. In the next issue, we shall enter the blockchain 3.0 era: the web of Value. What would it end up like if the blockchain could hyperlink the planet? Stay tuned~

Students can follow PlatON Pinterest and continue to learn. Observe you next class.

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[Evaluator] With capital blessing, may the blockchain sport God Unchained blaze a trail?

Hello everyone, welcome to the project analysis, the Evaluist evaluator, I'm Camille. On September 23, Immutable, the advancement company of Gods Unchained, one of the most well-known blockchain games on the market, completed the first round of expense of US$15 million led by Naspers Ventures and Galaxy Digital EOS VC Fund. Included in this, Naspers South Africa Press Group is also Tencent's largest shareholder. Today, we will talk about the blockchain sport Gods Unchained. Immutable is a blockchain gaming company based in Australia, whose predecessor was Fuel Games. Before developing Gods Unchained, the team developed and released a robot fight game called EtherBots in February 2018. When the game was first launched, 3900 robot parts pre-purchase treasure chests were marketed. In just half a month, these were all sold-out, bringing a net income of 1100 ETH to the Gas Games team. It had been able to obtain a good sales record at the beginning. The big cause is that the idea of blockchain games had been relatively popular at that time. Gamers were making conceptual hype in the secondary market, but the quality of the overall game itself had been very average and there is not much playability.

Gods Unchained is a trading card competitive game based on Ethereum. The gameplay draws greatly on the well-known collectible card competitive sport Hearthstone. Gods Unchained is a trading card game that utilizes the features of the blockchain to tokenize sport assets in order that players can truly own virtual products in the overall game.

Gods Unchained is currently online and you will be publicly examined until October 30. After that, sport cards will undoubtedly be open for investing and players will be able to trade with each other. During the pre-sale stage of Gods Unchained's card packs, cumulative card sales were close to 5 million U.S. bucks, and 10% of its sales will undoubtedly be directly useful for the prize pool of the first World Championship. The entire development velocity of Gods Unchained is very slow. It had been originally expected to hold the first Entire world Championship in early 2019. However, the game public beta hasn't yet ended. Additionally, there are many troubles in the general public beta edition of the overall game. The artwork and gameplay of the overall game itself are also completely different from the first-line cards. Collectible card competing games have higher barriers to access than collectible card competitive video games, because players need to spend a degree of money to get card packs to start out the overall game, while enthusiasts card competitive sport players need not spend a cent. Be able to go through the game and obtain a relatively complete game knowledge by investing plenty of game time. At present, the most well-known investing card competitive sport in the overall game market, Artifact produced by DOTA's mother or father company Valve, has hit a fresh low recently. It was 1st opened with 60,000 every day livelihoods and today only 100 every day livelihoods. Swap card competitive games aren't extremely popular in the original game market. In addition, both founders of Gods Unchained didn't have any sport development knowledge before EtherBots. There were also certain problems with the announcement of Gods Unchained. At the moment, there are only single-digit sport anchors in the whole network that are streaming Gods Unchained and viewing The amount of people is only ten digits. Although the quality of the Gods Unchained game itself is worrying, the development of Immutable previously year is impressive. The team has expanded from two founders to 50+ people in a single year. Immutable furthermore hired its former director Chris from the popular collectible card sport "Magic The Gathering: Arena" (Miracle The Gathering: Arena). Clay is in charge of Gods Unchianed R&D. The company will also develop its Immutable platform. Immutable will provide blockchain game programmers with a series of open source blockchain toolkits, permitting sport developers to independently develop Immutable sport assets in order that players can truly own game products. ** **Immutable Although the game itself is lacking, but with the blessing of capital, it may be able to blaze a trail in sport development tools. Today's research content material is provided by Evaluape, which provides task databases and professional evaluation services for the blockchain industry. Evaluape site: evaluape.io Evaluape can be an independent and objective ranking agency in line with the world. It provides a blockchain task display and assessment platform based on artificial cleverness, device learning and big data, and task databases and professional evaluation services for the blockchain industry.

In case you are thinking about the [the Evaluist] column, you can even click the following connect to watch past task evaluations:

[Evaluator] How about the anonymous coin Beam protocol? What is the difference with Grin? [Evaluator] Binance Launchpad Project-Perlin [Evaluator] Band Process: Can a decentralized data protocol reshape the info empire? [Evaluator] Pledgecamp: Can the decentralized crowdfunding task hold up the investor umbrella? [Evaluator] The blockchain edition of "Tik Tok" is launched on Huobi, and IOST people bring new opportunities to be rich? [Evaluator] What is the SERO that has soared by 60 occasions? [Evaluator] After RChain, which includes fallen by around 200 occasions, gets the second round of funding, can the task still be completed? [Assessor] The 0x task on more than 60 exchanges has been launched! [Evaluator] There exists a new plan for blockchain expansion, and the task prospects are analyzed. [Evaluator] The spinach DApp may also be launched on Binance. What is WINk? [Assessor] The fairy task of the blissful luxury team of a prestigious school has been lucrative? [The Evaluist] Project warning: "well-known" projects are actually funded? [The Evaluist] How come Blockstack financing 70 million US bucks sacred? [The Evaluist] Project evaluation analysis: AKROPOLIS [The Evaluist] So how exactly does the "star" task Polkadot carry out the cross-chain conversation protocol? [Project Early Warning] With such a high risk, IEO is still required? Thank you for viewing. If you want to learn more, please scan the BlockchainLink following the show. I'm Camille.

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[fuckyeahphysica]

A three-minute quick overview of the blockchain today's good write-up: discuss the blockchain safety onion model, review the growth of DeFi and DApp inside the initial quarter

The notes of Satoshi Mamoto, each selected 5 most recent high-quality cryptocurrency articles, today's content includes: 1 DApp ecology observation in the initial quarter of 2020 2 Reviewing the growth of DeFi in the initial quarter of 2020 3 Evaluating the returns of DeFi and HODLing 4 The onion style of blockchain security 5 Will be Bitcoin a safe-haven asset? Unique title: "The Notes of Satoshi Masato: The Onion Model of Blockchain Security" Finishing: Barley In the initial quarter of 2020, DApp Ecological Observation Data Analysis System DappRadar launched a DApp Ecological Observation Report for the initial quarter of 2020, covering most popular blockchains, including Ethereum, TRON, EOS, WAX, Loom, etc. Listed below are relevant points:

* Ethereum carried on to cultivate in the initial quarter of 2020. The amount of independent daily activities elevated by 64% year-on-year (the same time period this past year), and the dollar worth increased by 371% year-on-year; the two DApp groups, DeFi and Exchanges, experienced the fastest development in the amount of independent daily activities * The independent daily action ratio of Tron DApps fell 15% year-on-year, and its value fell 85% * The common independent daily action of EOS DApps decreased by 74% year-on-yr and the worthiness decreased by 7% * Among other smaller blockchains, only WAX and NEO possess significantly increased user system activity. Which is all because of the discharge of brand-new DApps * Ethereum still maintains a respected position inside the DApp industry Full text link Looking back at the development of DeFi within the initial quarter of 2020. In Q1 of 2020, "the worthiness of locked ETH arrived at a record most of US$1 billion", followed by the occurrence of "Black Thursday, March 12, a big drop". These two events defined DeFi. In Alethio's 2020 Q1 DeFi report, Alethio analyzed them in detail and interpreted the specific DeFi protocol, user behavior, DEX performance, etc.

The growth of the DeFi protocol could be appropriately measured through three data: the amount of ETH locked positions, the amount of independent addresses (used as an approximation of independent users), and the amount of interactions (ie, network activity). Through these three numbers, we can observe how various DeFi agreements grew or stagnated as time passes in the initial quarter. As shown in the amount below, from the finish of January to the finish of March, the amount of ETH locked opportunities has fallen. There is absolutely no doubt that is because of the liquidation of orders for locking ETH in exchange for stablecoins in the entire market. Even prior to the market frenzy in March, the amount of user interactions elevated steadily throughout the quarter, increasing around 20,000 instances every two weeks, until there was a substantial upsurge in mid-March.

Full text link Comparing the return rates of DeFi plus HODLing Many crypto-asset investors possess fallen in to contemplation after a rare market crash: can their property withstand the current market volatility? DeFi one-stop app Zerion, the wonder Rebecca responsible for development, wrote a blog page to compare user participation in Uniswap (financing the liquidity swimming pool), Substance (borrowing interest), TokenSets (ETH-20&50-day MACO strategy) and the same time period ETH/BTC HODLing strategy. The info is really as of April 13, which also means that the marketplace crash on March 12 is roofed.

Ultimately Rebecca figured participating in DeFi was a smarter decision. Full text link The Onion Model of Blockchain Protection In this post, Hasu discusses the security of blockchain. He pointed out that the safety of the general public chain is like an onion. Each level adds additional safety. He believes that the defense layer offers these: cryptographic warranty, consensus guarantee, economic guarantee, and interpersonal security.

Blockchain is just an automated process for establishing sociable consensus among participants, and a tool for maintaining and updating shared databases. Hawaii of the data source is beneficial to participants, and when the system crashes, they'll be strongly motivated to restore the system. For instance, if the cryptographic hash function is damaged, the interpersonal layer can reach a manual consensus (beneath the guidance of a technical expert) to replace the damaged part. Likewise, if the consensus attack passes the economic safety layer, the social safety layer can still manually reject it. If an attacker with nearly all computing power begins to DOS the system by mining empty blocks and completely accepts their own financial reduction, then your user can opt to switch the PoW function to manually take away the miner's handle of the system. As we have seen, the only way to permanently kill the blockchain would be to either help to make users weary in the distributed ledger itself, or destroy the system to an irreparable level. When an attack can pierce through most defense layers and eventually exhaust the social core of the system until it can no longer protect the damaged outer layer and cannot (the outer layer) heal, the attack is dangerous. In order for natural healing and manual intervention to work properly, the city of each project needs to establish strong interpersonal conventions round the major attributes of its own project. As far as Bitcoin is concerned, these core values ??are irreversibility of transactions, level of resistance to censorship, no backward incompatible modifications, and a total supply of 21 million. They are blueprints to use it when interpersonal intervention becomes necessary, and create Schelling points around issues that need or don't need to be solved (the tendency of individuals to choose without conversation in game theory. This choice may be made because it appears Appear organic, special, or related to the chooser). These core values ??are constantly renegotiated, rather than all users agree on all attributes. Nevertheless, the stronger the agreement around a specific value, the much more likely it is to be supported in difficult times. Full text link Is Bitcoin the safe-haven asset? Over the years, the narrative concerning the worth of Bitcoin offers changed and continues to be being debated nowadays. Bitcoin has been described as electronic cash, digital gold that resists censorship, and an anonymous dark web currency.

In all competing narratives, two are particularly important when considering Bitcoin as an investment or store of value:

* Bitcoin is an unrelated financial asset

* Bitcoin is a safe and sound safe-haven asset. Then Coin Metrics analyzed the info of Bitcoin, S&P; 500 Index (S&P 500 Index), and gold, and figured, historically, Bitcoin is related to shares or gold. The correlation is not very high, even though correlation has recently reached traditional highs. But in the future, if the basics of one or two markets do not go through major modifications, the correlation between Bitcoin and S&P; 500 will be unlikely to remain high. But there is some evidence that the correlation between Bitcoin and precious metal may be beginning to increase, at least slightly. Although there are still short-term uncertainties in the global epidemic, if federal government banks all over the world continue steadily to inject water at a historic rate, this might turn into a long-term turning point for Bitcoin. Full text link This is actually the end of this issue of Satoshi Mamoto's notes, see you the next time!

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[fuckyeahphysica]

[Unicorn Day "Boom"] Guo Jerry unboxed Trump's early start-up products; Facebook intensely robbed TikTok creators; multi-state investigation into Apple's "speed-down door"

"HOT" Some Meituan users have been cancelled Alipay transaction. Wang Xing: Why doesn't Taobao support Line transaction? On July 29th, some users found that when using Meituan Pay, Meituan payment and bank card transaction took priority, rather than Alipay transaction, and Line transaction and Apple pay out were nevertheless on the transaction selection checklist. In reaction to the situation discovered by some users, Meituan Wang Xing responded on Fanfou, why does Taobao still not really support Line transaction? Line transaction has more active users than Alipay, and its handling charge is leaner than Alipay.

Some investors of ByteDance value TikTok at US$50 billion in the acquisition proposal. According to Reuters, some traders of ByteDance are seeking a majority stake in TikTok. The proposal will be valued at approximately US$50 billion. The bid will be 50 situations TikTok's estimated revenue in 2020. ByteDance got an early proposal from traders including Sequoia to move a majority stake in TikTok to them. (Netease Technology)

Xiaomi's current appointment: Zeng Xuezhong, past vice president of ZTE, became president of the mobile phone department. On July 29, Xiaomi Team announced the most recent executive appointment: Zeng Xuezhong was appointed as the group's vice president and president of the mobile phone department, in charge of the growth and production of mobile phone products. Chairman and CEO Lei Jun reviews. It is comprehended that Zeng Xuezhong served as executive vice president of ZTE Company, CEO of ZTE Mobile phone, and global executive vice president of Ziguang Team, president of Ziguang Co., Ltd., and CEO of Ziguang Zhanrui. In addition, Xiaomi established an organization technique committee to lead to team strategic planning. Team chairman and CEO Lei Jun served as chairman, team vice chairman Lin Bin served mainly because vice chairman, team chief technique officer Wang Chuan served as an associate, and both of these documented to Lei Jun.

Alipay responded to the "crazy recruitment of search talents": not to do se's, only service search. In reaction to the "insane recruitment of search talents" rumors, Alipay responded, "We are indeed recruiting people, starting around the Planting season Festival, and we will recruit again this year. 200 people. But Alipay will not focus on information search like traditional se's. Alipay will end-to-end service search, attempting to integrate centralized traffic into search functions through incentives.” (Technology Innovation Board Daily)

Soaring 1480% within three times! , The bankrupt "Movie King" Kodak switched to a medication factory in only 3 trading times, and the stock price could soar by almost 16 situations! On Tuesday, the US government announced that it could grant Kodak a US$765 million loan in accordance with the US National Defense Manufacturing Act, designed for the production of recycleables for generic medicines, in order to rebuild the US drug supply chain and respond to the brand new crown pneumonia epidemic. Trump known as this "the most important transaction in the annals of the US pharmaceutical industry." When the news came out, Kodak's stock soared by more than 200% that day, also it was a lot more frantic on Wednesday, with a closing gain of 318%, taking out a rare super-big sun within the annals of the stock. (Discover and hear on Walls Street)

After three years, Tencent once more became the world's most valuable social media marketing company. Following the stock price rose sharply this year, Tencent's market worth surpassed Facebook again after 2 yrs, becoming the world's most valuable social media marketing company. By 3:07 pm on July 29th, Beijing time, the market worth of Tencent reached HK$5.15 trillion (approximately US$664.5 billion) at the close up of the marketplace worth of HK$5.17 trillion, while the marketplace value of Facebook as of Tuesday's US currency markets closing was US$656.15 billion. Up to now this year, Tencent's stock price provides risen by approximately 43%, and its market worth has improved by approximately HK$1.56 trillion (approximately US$2014.4 billion). In 2017, Tencent's market worth surpassed Facebook for the first time. (Drive China)

The four major US technology giants attended the Anti-Monopoly Council on July 29, Eastern Time. The CEOs of Amazon, Apple company, Google's parent organization Alphabet, and Facebook attended the home of Representatives listening to for the first time and accepted the inquiries of the home Anti-Monopoly Committee. The committee worked with Facebook's Mark Zuckerberg, Amazon's Jeff Bezos, Apple's Tim Cook, and Google's Sundar Pichai. Pichai), focused discussions on the antitrust issues that each organization is facing. It really is reported that this antitrust investigation against People technologies giants has been conducted for more than a 12 months, and associates of Congress have collected thousands of hours of interviews and 1.3 million internal documents linked to the above four companies. (TechWeb)

"NEW" Cook denied that Apple company treats some designers differently. On Wednesday (early morning on the 30th, Beijing time), the CEOs of Amazon, Apple company, Google's parent organization Alphabet, and Facebook will collectively go to the home of Representatives listening to for the first time to accept queries from lawmakers. In a hearing inside your home of Representatives, Apple company CEO Tim Cook denied that Apple company had adopted a different attitude towards some designers on its system and stated he did not know about it. Are you aware that accusation that Apple company will collect client data from its payment system and require all designers who collect payments on the system to use this payment system, Cook did not deny but did not directly solution this question. Cook also denied that Apple company would retaliate against designers. (Sina Technology) PayPal's second-quarter revenue was US$5.26 billion, with 346 million active users. On July 30, in accordance with foreign media reviews, transaction giant PayPal announced its strongest quarterly functionality in history, because of new users and payments produced through its system Increase in dealings. PayPal stated that through the entire second one fourth, the company's revenue was US$5.26 billion, a year-on-year increase of 25%, and earnings per share were People$1.07. 21.3 million new net active accounts were added, bringing the total number of active accounts to 346 million. This is the one fourth with the biggest increase in energetic accounts in the business's history. (Netease Technologies)

Qualcomm announced that it has reached a fresh patent permit with Huawei. Huawei can pay US$1.8 billion. On July 30, Qualcomm disclosed that the business and Huawei have reached a fresh license contract. Qualcomm did not disclose the specific content of the contract, but disclosed the related amount: about 1.8 billion US bucks. Qualcomm stated the business's fourth-quarter (June 29-September 29) revenue is expected to be between US$5.5 billion and US$6.3 billion, and if Huawei's outstanding outstanding payments are included, revenue will undoubtedly be between US$7.3 billion and US$8.1 billion. between. The difference between your two is 1.8 billion US bucks. (Netease Technology)

Musk: Artificial cleverness may surpass humans in 5 many years. On July 30, Tesla CEO Musk stated, “The current trend can be: within five many years from today, we will find that artificial cleverness will be significantly smarter than humans. But. This will not mean that you will have a human result in five many years, it just implies that our globe will begin to turn into a little strange." Musk expressed similar worries as early as 2016. Musk stated that unless humans develop technologies that can connect their brains to computers, AI may deal with humans like humans to pets. Consequently, Musk has already been calling for folks to establish stricter AI specifications and regulations. (IT House)

In order to make Americans feel relaxed, TikTok announced an open up algorithm to allow viewing** ** On July 30, in accordance with foreign media reviews, on Wednesday, regional time in america, the favorite short movie app TikTok (TikTok overseas version) announced that the business is taking brand-new measures to be more transparent, including open up algorithms that allow regulators and exterior privacy Experts view the program code and "observe our content examine policy instantly." Kevin Mayer, chief executive of TikTok, stated these changes make it "one step prior to the industry" and competitors may follow suit. Meyer wrote: “We think that the complete technology industry should comply with very high standards, therefore all businesses should disclose their algorithms, audit plans, and data flows to regulators. We will not await regulators to take action, but Take this first step and launch a transparency and accountability middle for audit and data practices." (NetEase Technologies)

Facebook heavily robbed TikTok creators pertaining to thousands of bucks. Information on July 30, in accordance with foreign media reviews, Facebook attempted to provide TikTok stars with heavy benefits through the Instagram Reels services to convince them to use Reels, and also Instagram gave a few of their creators The price tag amounts to thousands of bucks. Direct competition with TikTok, a subsidiary of ByteDance. This is the latest escalation in the decisive fight between your two social media marketing giants. One TikTok creator who's considering accepting the proposal said that Instagram supplies the most financing to creators who promise to create exclusively. People familiar with the matter also stated that for those creators who are unwilling to create exclusive video clips on Reels, Instagram's requirement would be to synchronize the movie to other platforms following the first release on Reels. The term is called "Very first looks". Instagram will also purchase video production costs. One person stated that Instagram provides used a nondisclosure agreement to avoid creators from discussing the amount of rewards. (TechWeb)

Suspected of deliberately slowing down the speed of the aged version of the iPhone Apple is in a multi-state investigation in the usa. On July 30, in accordance with foreign media reviews, hawaii of Arizona will be leading the US domestic Several states have launched investigations. Some aged iPhone users claimed that Apple company deliberately reduced the running velocity of the aged iPhone in order to make the old users give up the usage of the aged iPhone and purchase a fresh iPhone. Due to suspected like violations, the Texas Attorney Common may sue Apple company. However, the specific details of the prosecution were not disclosed. (Netease Technologies)

"FUN" "I'm Guo Jerry": "Out from the container Trump's early start-up failed products, why is there a solid micro-business style? 》 ** ** Before Trump became president, he was a rich second generation who loved to start a business, such as Trump vacation websites, Trump water, Trump games, Trump menswear, Trump steaks and so on. In this issue, Guo Jerry brought the most recent unpacking movie. This time, it had been from Trump's home.

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[fuckyeahphysica]

[Exceptional Early Access] Beautiful Gal Fighter RPG Blockchain Sport "CHOJO" Beta Trial + Novice Tutorial Revealing!

The beautiful girl fighter RPG block chain game "CHOJO" that cooperated with the MCH+ project will undoubtedly be open for testing once again on the evening of June 23! This time, the trial encounter and newbie manual for the newly added rich content material game are prepared for everybody. Come and try the game with the editor (beautiful girls).

Sport demo & novice tutorial

* PC, iOS, and Android users can take part in this test before you have fun with. It is not convenient to drive the hyperlink. For detailed check/download deal with, please click the read first text by the end of this article and open up the original text to view the hyperlink here. After opening the webpage or installing the APP, there will be a pre-instruction, go through the screen until TAP TO START appears.

Click TAP TO START and the login interface will appear. After ticking to agree to the terms of provider and privacy policy, the key above is to sign in with a wallet accounts. Players who participated in the initial test go for this program. First-time users click the key below to register an account.

From the pop-up interface, click "Connect Wallet" to connect to the wallet and you will enter the game. (You can select Japanese or English in the bottom ideal, no Chinese translation currently)

* After entering the game, you need to set your nickname. Optimum 12 characters (can be changed)

After setting, click OK to enter the reading through screen (you can also see the Q version of the short story of beautiful girls when reading through).

After reading, it'll automatically enter the story degree of the novice tutorial. Friends who can't stand to watch the plot can click SKIP in the upper right corner to skip.

(It is worthy of mentioning that inside the plot it really is written that the heroine is their studies at the prestigious university named Jingdong. Although I understand this is a spoof of the title of the University of Tokyo, it really is inexplicably humorous after altering to Jingdong. Hahahaha, Jingdong pays)

After the plot, we found the novice tutorial of the combat system.

* You can find three fighters in both sides of the fight program, and each fighter can configure 3 forms of fighting skills. The blue bar may be the current fighter's HP value. When it returns to 0, it'll be unavailable when exiting the game.

When fighting, first select the fighting technique you want to use, and click OK to use the fighting technique. In each round, the two parties choose to use different fighting abilities to attack each other, until all 3 gamers in the opponent's team are KO, it really is considered a victory. Various fighting skills could have the effects of attack, personal gain, enemy weakening, etc. The quantity close to the title of the fighting technique may be the number of situations the fighting method can be used in each fight. The grey fighting skills within the last column are normal attacks and may be used unlimited times. Click on the switch key ? to swap additional fighters to have fun with. But please be aware that the fighter who appears in the switch round cannot assault.

Whenever you are attacked by the opponent with a fighting technique, the energy storage tank in the lower left corner increase by one. Once the accumulating tank gets to MAX, the ARAWARE button will appear. Click ARAWARE to use the character's particular skills. Each fight can only be used once.

* Although the majority of the features of the game haven't yet been opened, all fighters and fighting abilities are actually open. Players can elect to configure their own strongest fighting team to fight against other players.

* fighter Fighters are divided into three varieties: [fighting] [casting] and [finishing]. 【Strike】Hit (STR) value is more prominent. [Throw] The worthiness of Throw (THR) is more prominent. [Conclusion] The get (GRP) value is more prominent. The square below the fighter's head may be the rarity of the fighter, that is divided into 1-5. The higher the rarity, the higher the essential attributes.

* Fighting skills 1 fighter can be built with 3 fighting skills. Identical to Fighter, it really is divided into three varieties: 【Fighting】【Voting】【Conclusion】.

Fighting abilities have results such as for example causing damage, gaining attributes, and weakening the enemy.

* To form a team, each team will need 3 fighters, and each fighter can be built with 3 fighting skills.

Various fighters have various COST. You can find no guidelines and restrictions on COST in the check version. It really is speculated that following the player degree is opened later on, the lower the level, the lower the price setting which can be configured. Configure your team and you will take part in the battle.

* The PVG and PVP fight functions currently open up the plot problem and player fight system, and gamers can experience the content material of the initial 3 episodes. Free have fun with is open from 18:00-21:00 each day. The event will undoubtedly be open from 20:00-23:00 on the 26th to 28th.

* Test rewards, as long as you take part in the OBT VER.2 test, it is possible to receive limited uncommon fighting skills!

▼Wallet certification rewards As long as you bind your wallet, you can get the rare fighting skill "Wrist Frustration Cross Solid" ▼Ranked players fight "CHOJO TITLEMATCH β"! The initial 1-10 players will get the fighting skill "Epic" The initial 1-100 players can find the fighting skill "Rare" The initial 1-200 players will get the fighting skill "Meia Lua Preza (Rare)"

The above is the majority of the content it is possible to experience in "CHOJO" OBT ver.2~ Compared with the final test of the initial version along with sparse content, this version is abundant with content. For example, the live2D effects of the figures and the performance effects of using fighting skills, coupled with the voice actors' dubbing (a significant character used abilities when he mentioned "become delicious" and the editor's laughter has been blown up), The entire user experience has also improved. However, because it continues to be in the testing period, there's still very little playable content. Furthermore, the game is generally based on fighting themes, and the titles of the fighting skills used in it are real. However, the actual fighting moments are just the form of expression of images, also it feels just a little unsatisfactory. Hope another version will be more rich. Generally, the novel themes of fighting girls, coupled with beautiful paintings and excellent dubbing, as a two-dimensional game, there are still quite good cute points (I could do fighting girls), why don't we look forward to this collectively The future development and performance of this game, hope to bring us more surprises~

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[fuckyeahphysica]

[U.S. Nuggets Problem 1] The overall game ushered in a revaluation possibility, NetEase rushed towards 100 billion US dollars

On Friday, I saw that Xiaomo raised the prospective cost of $NetEase (NTES)$ to $600, and believed that NetEase could increase to market value of $100 billion in the future. The reason distributed by Xiao Mo will be that the globalization of cellular games and NetEase's strong openness can continue to grow, and reach a market value of 100 billion US bucks within 2 to 3 3 yrs. This time around I quite trust Xiaomo. Netease is really a business that I always think will be undervalued. It could not take 2 to 3 three years for the market value of 100 billion US bucks. In the next 2 to 3 3 months, there should be a high probability. Realized quickly. $ NetEase-S(09999)$ To begin with, a very simple thing, NetEase is definitely seriously undervalued, the price-income ratio is about 20. Now any Internet business with a P/Electronic ratio of less than 30 (except Baidu), you're embarrassed ahead out and inform others. How will be NetEase's financial report? Check out the info in the initial quarter. Net income had been 17.06 billion yuan (approximately US$2.4 billion), the year-on-year increase of 18.3%, exceeding market expectations of 15.587 billion yuan, and 14.442 billion yuan in the same period this past year; continued attributable to NetEase shareholders Working internet profit was 3.55 billion yuan (approximately US$501.5 million), a rise of 30% year-on-year, and in addition exceeded market goals of 3.106 billion yuan. This financial report could be reported to be quite eye-catching, looked after pushed NetEase's stock price from 380 US dollars to around 500 US dollars, a rise of about 30%. On Thurs, NetEase gapped and opened up high. It once rose by as much as 18% on the Hong Kong currency markets. Although it dived later on, it still set its greatest one-day gain in recent years. This should be a signal that the institution offers entered the market. When NetEase breaks through the $500 integer pressure degree, the creativity above could be reported to be infinite. NetEase's company is mainly divided into four main segments: games, e-commerce, schooling and songs. Portals and news take into account too reduced a proportion, so I won't talk about it right here. For online schooling, since NetEase Youdao was already listed, I won't talk about it here. After all, the market has recently given sufficient prices. The three businesses I want to analyze are usually games, e-commerce, and songs. NetEase's gaming field is obviously seriously undervalued. Presently, NetEase's P/Electronic ratio is around 20 times. Since the market's valuation of NetEase basically originates from games, we can simply compare NetEase with sport companies in the US shares. The three main game concept stocks in the US shares Activision Blizzard, Take-Two and EA all possess average P/Electronic ratios above 20. The higher P/E ratios of the three major game concept stocks are generally due to the fact that they all have world-class IPs. Activision Blizzard has "Contact of Duty" and "Diablo", Take-Two offers "Grand Theft Auto", EA also has "Need for Velocity", "The Sims", etc. These IPs possess accumulated a large user group of fans and have been working stably across systems for a long period. This is actually the major reason why NetEase is underestimated. NetEase's well-known brands such as "Westward Journey", "Fantasy Westward Journey", and "Tian Xia", but not regarded world-course IP, have already been working in the Chinese market for more than a decade. The stickiness is not weaker than that of the three main game giants. Recently, mobile games such as "A Chinese Ghost Story", "Onmyoji", and "Backwater Cold" are also prosperous. From the perspective of the regular development of NetEase sport revenue, development is by no means weaker than that of the Big Three, however in comparison, NetEase's P/Electronic ratio is obviously at a low level. From the perspective of game concept stocks in the Hong Kong currency markets, NetEase's industry placement is among the top two in comparison to other online game companies such as Tencent, Kingsoft, NetDragon, and IGG, and deserves a slightly higher valuation high quality, even claiming to be "Little NetEase." "The A-talk about listed business Sanqi Mutual Entertainment includes a P/E ratio higher than 43 moments. Tencent, which ranks initial in the Chinese sport market, includes a P/Electronic ratio of close to 50, and 37 Interactive Entertainment, which ranks 3rd, includes a P/Electronic ratio of 43, but NetEase, which ranks 2nd, is 20, that is obviously significantly underestimated. The global design of NetEase games will also bring new imagination to this established business. As early as Q3 2018, NetEase games' overseas income accounted for more than 10% of total sport revenue. In the current App Annie's newly announced set of the very best 52 worldwide publishers, NetEase rated 2nd, and in the April set of Chinese manufacturers' overseas income, NetEase ranked 19, this time only in Tencent. Among them, star games such as "Operation Wilderness" continued to execute well in overseas marketplaces such as Japan, and rated 3rd in the Q1 China overseas sport revenue list. 2020 is really a new switching stage for the overall game industry, because the new PS 5 and XBox will undoubtedly be released one after another. For Chinese sport giants who've skipped the golden 10 years of console games, this is an unprecedented brand-new opportunity. It isn't difficult to find from NetEase's recent advancements that NetEase has also steadily returned its company focus to the overall game business. In fact, Tencent can be making efforts to host games. If it could effectively occupy a location in this market, then NetEase's new creativity will undoubtedly be completely opened up. NetEase's fundamentals in the US stocks aren't weaker compared to the three main game concept stocks of Take-two, EA and Blizzard, and could be much better than them somewhat. Take Blizzard for example, net income in the initial quarter was US$1.79 billion, and net revenue was approximately US$505 million. Both these statistics are slightly worse than NetEase, and Blizzard's P/Electronic ratio is 40. Given that the worldwide market is crazy, I really believe that NetEase will shortly usher in crazy buying of money, in the end, what bargains are in the market now. The second quarter financial report has not yet been announced, but everyone understands that NetEase will normally not be an exception to the explosive growth of the overall game business through the epidemic. So I believe NetEase's P/Electronic ratio is expected to increase from 20 to at least 30 in the next 8 weeks, corresponding to at least 50% upside possible. If the second quarter earnings report is good, NetEase Proudly can dual. I don't really want to talk about the e-commerce company. After all, it is fifty percent alive. When viewing NetEase, nobody pays focus on this sector. I believe the more important things is the cloud songs company. In the initial quarter's financial report, in accordance with NetEase's CFO Yang Zhaoxuan's interpretation in a conference call, NetEase's cloud songs attained a three-digit year-on-year income development in the initial quarter, the number of paid members and member revenue. Continued growth, live life broadcast revenue can be growing quickly. The income of innovation and other businesses was RMB 3 billion, a year-on-year increase of 28%. NetEase Cloud Songs played a job in driving development. An individual base of NetEase Cloud Music is not weaker than that of Tencent Music. It's that copyright restricts its placement in the market. However, one thing worthy of our attention is certainly that NetEase Cloud Songs has strong public attributes, which some other music streaming systems don't have. When you have it, it can be stated that the moat is very strong. Recently, NetEase Cloud Songs is wanting to start a new public app for strangers. After Momo's transformation of live life broadcasting, China does not have any decent social items for strangers. This can be a chance for NetEase. Tencent Music's current market value is definitely 28.6 billion US dollars, and combined with the tendency of electronic music payment, there's still great potential for growth. I believe it could rise to 40 billion US bucks in the future. NetEase Cloud Songs is the 2nd in the market. Coupled with the concept of public networking, if it is split, the market value of US$15 billion should not be a problem, especially given that it still maintains a three-digit revenue development rate. The following is actually super easy to calculate a merchant account. Looking at the overall game business alone, games accounted for 79% of the overall income. After calculating the core online business game service income in the initial quarter was 13.52 billion yuan (1.92 billion US bucks), the revenue should exceed 5 100 million U.S. bucks, because other businesses of NetEase are usually losing money, it is easy to figure out this account. Revenue, revenue and growth rate are much better than Blizzard, and Blizzard's market value will be 62.6 billion US dollars. Therefore, it is estimated that NetEase's sport business will probably be worth 70 billion U.S. dollars, nonetheless it is not a big problem. NetEase Cloud Music's business will probably be worth 15 billion U.S. bucks, and NetEase Youdao's current market value in the US currency markets is close to 5 billion U.S. bucks. Adding e-commerce, portal, and email solutions can also be worth 5 billion U.S. bucks, which adds up to almost 950. One hundred million U.S. dollars. For why I said that NetEase includes a big idea in the next 2 to 3 3 months, you can find four main reasons: 1. The current NetEase US stocks will undoubtedly be carried by Hong Kong shares, and the prices power is completely on the Hong Kong shares aspect. Judging from the specialized form of NetEase's Hong Kong shares, last Thurs, it closed a long Yang line with an upper shadow, nonetheless it did not shift NetEase's upward tendency. It closed down somewhat on Friday, but finally closed a confident cross. Everything will be under the handle of the bulls. The epidemic scenario in Hong Kong is really a bit serious now, and nearby stocks aren't performing well. Therefore, market money will rush to get new economic concepts. Recently, everyone has also experienced it. This will undoubtedly further advertise NetEase's valuation. With regards to capital, NetEase offers inflowed 2.7 billion yuan in the last 20 trading days, also it closed down on Friday and in addition inflowed 250 million yuan, indicating that the bulls remain buying goods. As soon as August enters, NetEase includes a big probability of getting into the Hang Seng Index, which should provide a certain premium. 2. The aviation, journey, and banking sectors of the US shares all broke through the dropping wedge, and the S&P also effectively broke through the large-degree convergence triangle. The upside folks shares has been totally opened, also it can increase to around 3400 in the next month. Corresponding to about 10% of the upside, in this instance, the complete market will have a good performance. In such an atmosphere, it isn't possible for NetEase to make a deep callback.

3. Games, e-commerce, songs streaming, public and online schooling should all function as hottest concepts at the moment, and benefit from the public isolation of the epidemic, and they are specifically the the different parts of NetEase's fundamentals. The second-quarter financial report has not yet been released, however the game company that accounts for NetEase's overall income must have explosive development. According to data released by Unity, because the epidemic pass on, global mobile sport in-purchase income has enhanced by 24% year-on-year. In terms of the number of sport installs, the year-on-year development reached 84%. Now it's the summer vacation, and the development of the overall game business will not slow down. 4. NetEase has effectively promoted the RPG and card games it is good at to japan and Korean marketplaces, and explored the whole process of IP selection, sport growth, distribution, and advertising and operation, and successfully prolonged to FPS without content material IP blessing Class. Based on the company's latest game layout, a number of blockbuster new games will be released from the second half of 2020 to 2021 and will be deployed in the worldwide market, such as "Diablo: Immortality", "Westworld: Awakening", "Ha Liberty: Magical Awakening" etc. We estimate that the company's overseas mobile sport revenue is expected to triple in 3 years. Basically, a new space for creativity has been opened up.

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[fuckyeahphysica]

[The your government behind the overall game exchange surfaced] DAGE: Keep your thighs, and make money fast

Life is a circle. Some people have not walked from the circle drawn by fate for life. Actually, every point on the circle includes a soaring tangent.

--Zhang Fang " Decentralized anonymous game exchange DAGE is the world's 1st diversified ecological task of exchange + game/gaming platform + OTC mining + game development along with consensus mechanism. The essence is a brand-new economic model that combines video game landing scenes with blockchain technology and token economy. It gets the characteristics of strong deflationary effects. In the underlying framework, liquidity and economic benefits are shared through the circulation system of DAGE tokens (DID benefits, game stable currency DGT, platform currency DGC). Its transparent, safe, stable, and quick gaming and deal encounter has been widely recognized by the, and has caused numerous institutional funds injections. Currently, the DAGE global ecosystem has been launched and placed into use. "

The blockchain game market is principally developed around the underlying advancement, item trading, player community and game publishing, which has derived the existing underlying public chain of the blockchain game industry, game asset trading platforms, decentralized game publishing platforms and communities, etc. Industry chain. Among them, the most essential link-game asset trading, has problems such as inability to guarantee security, inability to cross-platform transactions, and high handling fees. Therefore, quite a few blockchain-based game asset trading systems possess emerged, and traditional third-party game asset trading systems have also begun to try blockchain. Asset trading systems such as Enjin, UG chain Dmarket, Wax, Gameflip, etc. desire to create corresponding enhancements in game asset trading and distribution marketing.

They try to map game assets into homogenous or heterogeneous tokens on the blockchain. In a nutshell, this is a custodial assistance. Under this assistance, players can change the possession of game possessions, and smart contracts can help the overall game. Asset delivery and payment are guaranteed. However, like "custodial" game exchanges usually have complications such as single function, scarce visitors, and weak profitability. They can not create a relatively complete business closed loop, and much more so-known as "ecology" and crack the monopoly of giants. It is also true there are no real head game exchange players available. However the blockchain industry always includes a good drama of "tale reversal". When the market continued to be in a downturn, the decentralized anonymous game exchange DAGE ended up being a one-prevent integrated game exchange, DApp application market, anonymous community (DID), equipment & global sim communication (dark web anonymous social), OTC mining Nine major game landing scenes including mining, Proof of Game (PoG), DID Reward, stable currency DGT, and token economy DGC. At this time, a complete blockchain game ecosystem has surfaced.

At the start of the entire year, under the opportunity of the epidemic situation, DAGE broke out in the mobile game market against the trend, and the transaction level of users and game assets rose rapidly. The amount of registered users exceeded 70,000 within 3 months, and the platform had more than 2,100 crucial nodes. And its POG game mining/OTC mining has detonated the market: making money by doing offers, while obtaining several profits such as advertising revenue sharing, game distribution sharing, product sales commissions, and internal game revenue, supplying all gamers with tangible prosperity income . Correspondingly, the platform Token DGC has also turn into a "highly popular" platform currency that everyone is vying for. Corresponding to the boost and the rapid increase in transaction volume are the considerable benefits for earlier DGC holders. Undoubtedly, the market data reflects the fantastic appeal of DAGE's "brand-new gameplay".

So, after concentrating on interest and visitors, with the blessing of nine major business sectors and disruptive abilities, as a fresh power for the top gamers of the overall game exchange, how can DAGE commute a whole new overall market?

Technology drives the massive upgrade of the overall game industry With the rapid development of global telecommunications technology and 5G technology, the traditional game/gaming industry has shifted from offline to online, breaking geographical constraints, expanding the scope of communication, and developing faster. At the same time, the design is continually being novel, helping to make the game's attraction not merely limited by cash benefits, but amusement interest has also become a essential factor. These elements have made the overall game industry incredibly developed. According to incomplete statistics, the market value of the worldwide gaming industry reached 536 billion U.S. dollars in 2017, which the web gaming market is about 40 billion U.S. dollars, in fact it is likely to increase to 82.7 billion U.S. dollars in 2022. Corresponding to such a huge market dimension, each chain of top of the, center and lower gets to of the overall game sector involves many individuals or attention links, including but not limited by: gamers, professional game teams, developers, white hat hackers, bilateral systems, sponsorships Sellers, brokers, media marketing teams, etc. Predicated on this, the entire industry urgently requires a "crab-eater" in order to standardize "professional rules", promote the process of compliance, split constraints and monopolies, create large-scale and gain pie, and then benefit all links of the entire industry. DAGE is ready to be the first individual to consume crabs. Utilizing the role associated with "icebreaker" to mix the global game industry design in direction of transparency, fairness, anonymity, antitrust, and anti-bias, iterate deeply, while providing huge profits for several participants in the overall game industry, in addition, it opens up "nuggets" for regular people The gate allows more people to take pleasure from the dividends associated with the blockchain + game wave, and truly creates the particular myth of nationwide wealth in the particular era of brand new infrastructure.

Actually, as a respected player in the overall game exchange industry, DAGE includes a profound insight in to the integration of the entire industry chain and the new financial model from the top-level design. First of all. The overall game industry itself has its economic climate, especially the assets in game products may also be settled according to the existing algorithm system. Therefore, the huge amount of funds flow needs is founded on the self-financing and integration of the token economic climate itself. Paying attribution, the exploration on the combination of people will start the incremental market and prosper the entire game industry. Secondly. The acceptance and influence of the overall game are not obtainable in other industries. It is important is that the majority of the problems that traditional games are facing at this stage could be solved by blockchain technologies. In the DAGE setting, through access to the underlying blockchain, smart contracts, and the payment function of the overall game token DGT itself, it could provide game products with ways to take away the centralization drawbacks, and make sure the security and fast payment of funds And the fairness of the overall game process encourages the upgrade of the entire industry. At last. Once we all know, the overall game industry is one of the most profitable industries on earth. Reid Hoffman once said a good product can simply cater to the 7 deadly sins of human being sex: goodness, violence, greed, laziness, anger, jealousy, and arrogance. It is the nature of the kind to end up being thinking about games. The annals of human being evolution is truly a procedure for rewarding and adventurous. Since adrenaline is secreted when taking risks, when winning, the brain is continually rewarded, secreting more peptides and dopamine, which makes individuals excited and even addictive. This is why the consensus is that the overall game industry is the largest traffic volume, and at exactly the same time, the profit is the highest, the operating mechanism is the most mature, and the most important thing is the fastest reaction to the digital currency token economy, which makes the opportunity fleeting. In the currency circle, DAGE's benefits are particularly obvious. The nationwide dividend "potential energy for wealth creation" is not any accident The market is bullish on the short-term and long-term advancement of the DAGE exchange, along with the expectations for the platform currency DGC and OTC mining, lie in its strong popularity without fear of a bear market, the innovation of the double currency economic model, and the overweight game traffic that empowers various business sectors profit. Key point one Not scared of the strong popularity of the bear market For OTC mining in the DAGE ecosystem, users not merely do not need to pay a handling fee, but they will receive a commission as high as 1%. Predicated on this, by March 20, DAGE had over 70,000 real-name registered users, over 100,000 energetic OTC mining/mobile game mining users, and maintained day-to-day trading volume on around 600,000. Among them, what is the idea of a daily average UV of 100,000? In fact, when compared to amount of users, the average day-to-day UV can a lot more accurately understand how many visitors actually come to the platform per unit time, and this is a number that game exchanges can only expect.

In addition, when it comes to reward mechanism. DID is the DAGE anonymous identity of the co-creator of the DAGE local community, that is permanently valid, anonymous and unique. Users who've obtained DID anonymous identities can receive referral benefits by inviting users. The benefits obtained may be used to apply for brand-new DID anonymous identities or start OTC mining quotas, conduct OTC mining, and receive income and principal within a day. The biggest benefit of developing the city around improving the reward mechanism is that it could quickly accumulate real and high-quality users. Quite simply, what DAGE can "grab" isn't just the prevailing users of the currency circle, but additionally the incremental users from all aspects of the worldwide game industry. Jointly, the two form the platform user scale impact. Key point two Development of dual currency economic model Currency has 3 functions: exchange section, accounting unit and value store. To a certain degree, digital possessions are made to enhance the above features and open the period of "programmable currency" and smart contracts. But as yet, no digital asset can truly enhance the above 3 functions through a sufficiently first-class method. The primary reason is the volatility of electronic assets. The subject issue of traditional games/gaming platforms is fiat currency. The exchange rate of fiat currency is usually relatively stable. The brand new profit point created by DAGE is based on the appreciation of currency prices. As a value unit, the platform currency DGC also offers the issue of excessive fluctuations in the value of digital assets. In order to much better carry the value voucher function of the huge funds circulation of the game/gaming platform, and protect users in exchanges, game products along with other hyperlinks DAGE has developed a double currency model, specifically the platform currency DGC and the stable currency DGT.

DGT is DAGE's stable currency, 1DGT=1USD, which can be circulated among all products in the DAGE ecosystem, and can also end up being exchanged with DID anonymous users, apply for new DID anonymous identities, and take part in mining. Quite simply, DGT makes it possible for all gamers to benefit from blockchain technology and lawful currency stability at the same time, allowing their (asset) withdrawal to be reliable and safe, denominated in USD, and withdrawn anytime through the DAGE exchange. DGC is the value-added currency of DAGE, which has the dual features of game exchange platform currency and ecological token. DGC is a tangible program token that may completely penetrate all hyperlinks of the DAGE ecosystem. For instance: used as a deduction for online dealing with charges of game/gaming products. Quite simply, an individual volume, daily average UV, and capital flow of most games/gaming products in the entire ecosystem will be transformed in to the liquidity and depth of DGC. When more and more game products are linked, the landing scene of DGC will become more and more. Abundant, the ecological scale gets bigger and bigger, the requirement and usage of DGC will also be bigger and bigger, that may promote the raise of the real value of DGC, so as to make currency holders trading revenue. At the same time, area of the income and transaction charges of the DAGE ecosystem will be used to repurchase DGC and burn it in a certain proportion to keep up the circulation of DGC in a deflationary condition. All in all, DGC can be an incremental market that can be created. As long as the DAGE ecosystem continues to grow, the market value of the platform currency will become larger and larger, and all currency holders can truly, sustainably, and increase benefits. Key point three Overweight game visitors empowers profitability in a variety of business sectors The industry consensus is that the game/gaming industry is the largest traffic entry, and at exactly the same time, it gets the highest profit and the most mature operation mechanism. The prospective of DAGE is the most profitable market on earth. On the main one hand, it could bring huge liquidity to the platform currency DGC; however, facing the huge amount of funds flow demand, based on the anonymity and economic And payment features, the profitability of most business segments of DAGE cannot be underestimated.

With regards to the primary business DApp application market, it'll launch all game products in the DAGE ecosystem, such as: e-sports, games, online flash games, mobile games, etc. When the product is released, its application token will also be listed in the DAGE decentralized anonymous game exchange at the same time. In this manner, all platform individuals can simply participate in the overall game and exchange it through the exchange anytime and anyplace if the overall game is earned. Legal currency, along with the geometric multiplication of income through currency transactions, while taking pleasure in the enthusiasm and enjoyable of the overall game, the huge benefits are significant, transparent and assured. Furthermore, anonymous communities (DID) and devices & worldwide sim communications (darkish web anonymous interpersonal) are undoubtedly just-needed businesses. Based on both of these major businesses, all participants in the DAGE ecosystem can safely and conveniently conduct games, connections and fund transfers upon a global scale. Global DID can access DAGE dark web and DAGE ecology without trace, and remain anonymous to the exterior world. At the same time, the DAGE device may also become an identity verifier and a VPN portal, protecting every transaction created by DID and keeping all DID information. Brother Fang has something to state Veteran and rookies, 1 crop after another, among these, DAGE is undoubtedly very lucky. Since its start, it has earned the influence that most game exchanges don't have. As a uncommon player with good funds, it has attracted more More interest and traffic. It now appears that predicated on heavy insights in to the game sector and blockchain technologies, the new ecosystem of decentralized anonymous game transactions that DAGE is focused on can be regarded as a market opportunity. As a changer who started the next 1 / 2 of the blockchain game industry in 2020, DAGE may also start 1,000 different blockchain games one after another, sponsoring various kinds of offline Texas, e-sports, and football fits, so that all associates can Take part in the entire DAGE ecosystem online and offline. It is among the most game battle platform with the most types of games and the biggest amount of users on earth. The wind has blown. Can DAGE shoot the front wave in the seaside with a strong ambition, new thinking and model? It is worth looking forward to. DAGE Decentralized Anonymous Game Exchange Official Website

This short article focuses on Industry trend evaluation, deconstruction of quality projects Does not constitute investment advice Be mindful when entering! cautious! cautious! Welcome to become listed on Zhang Fang's understanding planet Zhang Fang: Mars Financing, Huo ? Information Contracting Columnist; Golden Financing, Link Xiang Financing, Nine Billion Financing, and Zhilian platform certified columnist. The old man who has been immersed in the blockchain for several years only discusses dried out goods and doesn't talk an excessive amount of. Late-night time welfare, you understand (don't believe about it, Fang Ge is a serious person).

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