The five major public chains cooperated for the first time, and the story of the public chain has not yet been told
Since the second half of 2018, there have been endless voices in the cryptocurrency industry calling down public chains. Although the industry has experienced twists and turns, there are still some Layer1 public chains including NEAR Protocol, which have not forgotten their original intentions and forged ahead. In good times, be calm; in adversity, be calm. These much-watched Layer 1 public chains are still steadily announcing project progress, making breakthroughs in the technical direction that can improve blockchain performance, and gradually becoming mature.
Yes, the story of the public chain will never end. The improvement of infrastructure can bring the prosperity of top-level applications, and the importance of public chains in the blockchain world is self-evident.
From May 4th to 6th, 2020, NEAR Protocol, Cosmos, Protocol Labs, Polkadot and Tezos will jointly hold an online summit themed "Ready Layer One". The summit will focus on the technology development and application implementation of the public chain Difficulties encountered, discussing blockchain technology progress and solutions, attracted more and more star public chains such as Solana and Celo to join.
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The public chain
The public chain is to the blockchain just like the TCP/IP protocol is to the Internet, or the operating system is to the computer. The TCP/IP protocol as an underlying technology protocol carries the infrastructure of the entire Internet, and the operating system as the basis carries the entire computer. The operation and operation of the blockchain are the same, as a new underlying protocol to build the underlying infrastructure of the entire blockchain, carrying everything in the entire blockchain network.
If you count from the birth of Bitcoin, the public chain has been going all the way for more than ten years. With the influx of more and more "Ethereum killers" in 2018, the public chain entered the blowout period from the exploration stage. Therefore, it is called "the first year of the public chain" by many people.
But after the hustle and bustle, the problems of the public chain gradually emerged. In the second half of 2018, as the cryptocurrency market entered a "cold winter", the survival status of public chains became more and more unoptimistic.
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How do these five Layer 1 projects think about breaking the public chain?
"The several public chain projects that participated in the sponsorship this time, they all proposed their own solutions to the performance problems of the public chain," Zaki Manian said in an interview with the media about this event. Zaki Manian is one of the co-founders of Iqlusion, a company oriented towards providing Staking validator services for Cosmos. Zaki Manian said, "In fact, developers can now use these public chains to build applications."
"If a developer wants to build a DApp on Cosmos, but Cosmos suddenly becomes unavailable when the DApp is half built, what should we do in this situation? Don't worry, you can choose to continue building this DApp on NEAR. ” Manian said as an example, and if Ready Layer One can prove this to developers, then the risk of those developers choosing to build on any Layer-1 network will be much reduced.
Chris Ghent (Chris Ghent) of the Tezos marketing team also said: "We don't need you to develop on which public chain, but hope that the public can recognize the blockchain (this industry) field more."
TQ's Ghent believes: "In the context of the new crown virus sweeping the world, we are actually looking for a digital form of market development strategy," Ghent said. Hopefully society will be more digital and always online.”
Ashely Tyson, who helped organize the event on behalf of NEAR, said: "Before the world shut down, NEAR has been organizing small offline conferences to discuss some of these issues, such as how to formulate open source technologies such as WebAssembly in the blockchain industry. Standards, and how to effectively implement interoperability throughout. There will be further updates based on these topics in the future, and the development of all projects will also call for more developers to participate in research and development.”
The potential of blockchain has not been fully exploited. Illia Yilong from NEAR said: "The technology we are researching has the ability to help and change many problems in the existing society in the next few months or even years. However, the blockchain is still a long way from the project landing and entering the mass market. Let’s go, and this summit also provides everyone with an opportunity to discuss application scenarios and discuss technologies.”
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Discuss the composability of financial LEGO DeFi and blockchain
mdnice editor
Haseeb Qureshi (Dragonfly Capital), Rune Christensen (MakerDAO), Lev Livnev (MakerDAO), and Robert Leshner (Compound)
Blockchain Composability: Empowering Developers and Innovation
Anatoly Yakovenko (Solana), Alex Skidanov (NEAR), Justin Drake (Ethereum Foundation), Jesse Walden (Angel Investor) and Christopher Goes (Cryptium Labs)
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Why is Ready Layer One worth the wait?
This event will invite well-known developers and entrepreneurs in the industry ecosystem around the world to participate, and provide some engineering design content, so that developers have the opportunity to test their skills and try various use cases.
During the event, there will be "mysterious easter eggs", "mysterious speakers" and small-scale first-time experience activities, which will surprise you again and again.
The event will run on a brand new platform called "Hopin," which has been designed to mimic as much of a real meeting as possible, taking into account some of the issues posed by the online model. All in all, the platform has features such as "live conversations", "small interactive seminars" and "instant social networking". The social feature relies on a design similar to WeChat's Shake, where users are randomly paired with another participant in the convention. They can chat, exchange contact information, and exchange chat objects at any time. Such an approach greatly removes the uncertainty of approaching strangers and the frustration of breaking into crowds around famous people.
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How to obtain the rights and interests of limited reserved tickets in the Chinese community?
Due to the interactive nature of this event, in order to ensure high-quality content and high-level participation, the number of participants is limited.
Forward this article or the poster (above) to WeChat Moments, and send the screenshot to the official account - [NEAR Chinese Community] to draw tickets reserved by NEAR Protocol for Chinese community users.
