AMA with Polkabase Finance . P: Hello everybody! Polkabase here! Medium

We also see applications coming up in social media and in publishing. We assume the most important market will be IoT and internet services. This is why we chose to work in the field of verifiable credentials. This is something, which is needed by the financial industry as well as IoT and governments.

  1. As you know, at the same time, the blockchain network is a complex network system that requires strong underlying support and security guarantees.
  2. Promoting the large-scale use of blockchain technology in the game industry has always been one of the main visions of the Darwinia network.
  3. This ensures compatibility of KILT Identities to many other modern platform, including those of IBM and Microsoft.

Nested Credentials are another project we are working on, which would allow including data from one credential in another, which would also open up the possibility of defining a credential, which can include different schemas for a given property. Currently, we are adding anonymous credentials and support for the w3c spec of verifiable credentials. We are also working on a process for attesters to give a legally binding quote to the claimer so that they can agree on the terms of the attestation (including cost and VAT). We already talked about banking, SSI, Drivers licenses, doors and certificates for food products.

The stablecoin payment network is one of the critical aspects. Cross-chain Bridge technology and Substrate technology are fundamental new technologies suitable for improving infrastructure. PolkaBase is a blockchain 3.0 ecosystem based on Polka technology.

This time, Darwinia’s open-source eth-relay module was developed and implemented using Substrate. Compared with smart contracts, the Substrate runtime module provides more flexibility, especially in terms of fuel costs and operating costs. It can be optimized a lot, ensuring It can also provide better economic feasibility based on complete decentralization.

As the first game chain of the Polkadot ecosystem, what cross-chain businesses are available for games and application chains?

These technologies can create truly trust-free chain network, not just to establish a message communication mechanism between blockchains. On the other hand, blockchain projects and the open-source frameworks everyone promote sometimes have problems with their development focus. I hope that Polkadot and Substrate can circumvent this pit that Graphene has encountered, so that the Substrate framework can benefit the entire industry for a long time. However, I think it’s a pity that because Graphene has not been continuously supported and maintained, it has not been able to develop rapidly in the blockchain open-source community since then, and some designs have not been updated.

Great explanations. How do we stake in the dual token system, and what is this kind of staking mechanism?

The Total Supply is similar to stock market’s Outstanding Shares. Market Capitalization is the overall value of all coins/tokens that have been mined or issued until now and are in circulation (not locked). These are the project’s quantitative metrics of its official Reddit account that can be used to trace regular or artificial Social activity & growth within the project. These are the project’s quantitative metrics of its official X account that can polkabase be used to trace regular or artificial Social activity & growth within the project. These are the project’s quantitative metrics of its official Telegram account that can be used to trace regular or artificial Social activity & growth within the project. These are the project’s quantitative metrics of its official GitHub Public Repositories that can be used to trace regular or artificial development activity, growth & popularity of the project.

What is Polkabase?

The Lendf project because of improper contract logic processing directly led to nearly 25 million US dollars. On the surface, everyone seems to be doing the same thing, but if you have a deeper understanding, there is a big difference between the two in providing staking liquidity and the way to generate staking revenue. This subreddit is a place for news and discussion for anyone interested in Polkadot, the blockspace ecosystem for boundless innovation.

Details: MedianOracle (TargetPrice and MarketPrice Oracle)

The vToken obtained from different channels can all get Staking income. This time on the cryptoSky AMA channel, we are thrilled to broadcast the Bifrost project to you. It is implemented by developing an Ethereum Light Client in Darwinia. Recently, Darwinia will also release Darwinia Relay, the latest research result of the bridge.

Darwinia is mostly a cross-chain application hub and asset interconnection network developed based on Substrate. It provides mostly application interoperability and asset cross-chain functions for blockchain applications. At present, the business directions mainly include on-chain services of NFT and cross-chain NFT markets, cross-chain token bridges of stablecoins, and cross-chain Token Dex protocol. Speaking of DeFi, we think that Defi is one of the essential forms of the open financial movement and has very good composability.

We decided to use Substrate because it hast the concept of exchangeable runtimes. In addition to the communities present, PolkaBase also has a lot of cooperation with the open source community, CSDN, DoraHacks and other communities committed to the development of open source technology in China. PolkaBase will continue to focus on the promotion and implementation of open source and cross-chain technology in China in the future, so as to continuously bring fresh vitality to the technology community. The role of SoLiD is to take back the Web from the company and return it to the hands of individual users; using Solid, users can decide where data is saved and shared, and the control of the location of the data is in the hands of users. Under the control of their own data, switch and use the applications they need without restriction, or authorize to anyone and any application.

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MimbleWimble’s blockchain browser has no address, no transaction amount, and no single transaction details. Teams who want to access Bifrost can verify the business logic in the Bifrost Asgard network in advance. At the end of May, we plan to conduct an IPO preview in the Kusama network to test Bifrost’s entire IPO business process. Almost overnight, this painful lesson has taught all DeFi projects a lesson. We believe that in addition to technical strength, the DeFi project is more important in risk control capabilities, not in developing products that can be traded on the line.

In the past, we heard that users always complained that they would encounter inflation when processing Staking. When they processed Staking then their positions got locked, missing good opportunities for the rising market, and got helpless when the market fell. The both revenue and liquidity could not be achieved become a normal state. Other partners include MakerDAO, Math Wallet, imToken, BiHu, many staking node operators, etc.

Eco-projects should be able to work with governments and outside industries. By putting the application into practice and realizing the value, this technology can continue to develop. The timing was also perfect, as the Decentralized Identity Foundation (DIF) and the W3C where pushing forward the standardization process of verifiable credentials at this time, and of course this needs a useful implementation. Implementing the verifiable credentials mechanisms on a blockchain is a no-brainer. The SoLiD project, led by MIT, is a reinventing Internet project initiated by Sir Tim Berners-Lee, the father of the World Wide Web.

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