Apple joint creation Woz enters the blockchain, WOZX launches Hobbit HBTC
Author | Qin Xiaofeng
Editor | Hao Fangzhou
Produced | Odaily
（Steve Wozniak）
Author | Qin Xiaofeng
Editor | Hao Fangzhou
Produced | Odaily
image description
Who is Steve Wozniak (Steve Wozniak, hereinafter referred to as Woz)?
45 years ago, Woz and Jobs co-founded Apple in the garage; 45 years later, Apple's market value is 2 trillion US dollars, ranking first in the world. Woz chose to start over and founded his second company in 2019: Efforce.
Efforce is a technology company that focuses on blockchain and energy conservation. Through blockchain smart contracts, it provides a financing market for green energy projects, broadens corporate financing channels and the public's access to energy efficiency investments, and improves global energy efficiency.
After a year of painstaking practice, on December 3 this year, the Efforce ecological token WOZX was officially launched, and it was first released on the encrypted trading platform Hobbit HBTC. In the past week, WOZX has risen by more than 3200% compared with the opening price, and Woz's influence can be seen.
However, what puzzled investors was that Woz’s new project did not start with the top three, but chose the second-tier leader Hobbit. What is the magical power of Hobbit, which is favored by Woz?
secondary title
1. Woz entered the blockchain, and the project first landed on Hobbit HBTC EfforceThe birth of Efforce was not accidental.
As the co-founder of Apple, Woz has devoted his life to improving efficiency, saving energy and cost.
The birth of Apple I in 1976 was the first step in Woz's ideal practice. Since then, he has been focusing on improving the efficiency and energy saving of Apple devices.
In 2019, Woz started again and entered the energy industry. He and his friends founded
", trying to subvert the energy efficiency market and improve resource utilization through blockchain technology. This is also the only time Woz has participated as a co-founder since Apple."(1) Blockchain + energy saving = Efforce"From the perspective of the market prospect, in the past ten years, the global energy efficiency market size is about 241 billion US dollars, and it is growing at a rate of 10% every year, and the growth potential is very large. Moreover, the average rate of return for projects in the field of energy conservation is above 20%."
However, for investors, according to regulatory requirements, they must invest at least US$1 million to participate in energy-saving projects. This directly restricts the entry of ordinary investors, and also restricts the financing channels of small enterprises; in addition, the opacity of project information also makes investors lack confidence in the progress of the target. Due to various constraints, the field of energy conservation has not been able to further expand the scale.Worldwide energy consumption and carbon dioxide emissions are multiplying, leading to climate change and extreme consequences for the environment. We can improve our energy footprint and reduce energy consumption without changing our habits. We just need to make more energy improvements to save the environment.
Woz introduced his original intention of founding Efforce.
Efforce is the first decentralized platform that empowers everyone to participate in and financially benefit from energy efficiency projects worldwide and create meaningful environmental change.
For the enterprise side, Efforce combines blockchain technology with the Internet of Things.
When the energy-saving project is implemented, the energy saved by the enterprise will be tracked through the Efforce architecture and uploaded to the blockchain, which cannot be tampered with; the enterprise will obtain WOZX tokens according to the energy-saving contribution and directly benefit from the energy-saving.
For investors, Efforce combines blockchain and finance. It holds a license for public fundraising and allows more people to participate in energy conservation projects through the Efforce platform.
The ESCO first registers an energy efficiency project, which is validated by the Efforce team; Efforce develops the project together with the ESCO, including assessing investment needs, calculating expected returns and developing an Energy Performance Contract (EPC), detailing the company's and investor's Energy saving and payback period; then, the platform will list projects for investors to choose, and participants can use WOZX tokens to invest in projects and earn returns in the future.HBTC.com(2) The first Hobbit HBTC, the wealth effect is prominentYahoo FinanceOn December 2, Efforce officially issued a document stating that its token WOZX will be launched on the Hobbit Exchange on December 3 (
). As Woz's second project,
Yahoo Finance
It also reported the launch of Efforce (WOZX) for the first time.
With the rise of WOZX, Hobbit users have also tasted the sweetness of the benefits:"WOZX is my highest earning cryptocurrency this year, none of it. Thank you Hobbit, thank you Wozniak." Weibo user"Knowledgeable"
……
express.
"WOZX has been recognized by everyone since Hobbit, and it has just begun. Let us wait and see, maybe you can also see what kind of starting point Apple was in 1990." Weibo user "
Pink Elephant Life Taro
In fact, this is not the first time Hobbit has created a wealth effect.
On the one hand, through 100% income and 10 times PE price repurchase, the Hobbit platform currency HBC has been riding the dust this year: it once rose from $1 to $5.3, with a maximum increase of more than 400%, and the current cumulative increase is still more than 200%. Currency holders benefit a lot.
On the other hand, in this year's DeFi boom, Hobbit took the lead in launching NEST, Serum, OKS, SWTH, JST, NVT and other potential DeFi projects, and some projects have achieved good performance in the secondary market. Especially NEST, once rose more than 3000%.
With the long-term "gold-absorbing + eye-catching" effect created by Hobbit, combined with Woz's reputation, it is no surprise that Efforce (WOZX) has become popular recently.
secondary title
2. Hobbit HBTC based on technology
In the eyes of many people, Woz has already been financially free through Apple, and there is no need to start a second business. It may be difficult for others to understand this choice, but Hobbit founder James Ju (James Ju), who is also a programmer, resonates.
In James Ju's working experience, he served as CTO in charge of technology and products in five companies including Huobi. But in his view, although the CTO is the core of the company and the entrepreneur, it is completely different from the challenge of actually creating a company.
"I hope to have the opportunity to do something more challenging. It is very meaningful to start a new company and then lead it to achieve success in terms of personal achievement and social contribution." James Ju explained himself The reason for creating Hobbit Exchange.
For encrypted asset transactions, the performance of the trading system is particularly critical. If emerging exchanges want to compete with top players, they must have absolute advantages in technology. In this regard, James Ju, who was born as a CTO, realized early on that he also paid special attention to the technical performance of the exchange.
"In the past one and a half years since our system was launched, the HBTC trading platform has never experienced downtime or coin loss. Our system platform has been updated 4041 times, and 13 times in transit, with a total of 6027 uninterrupted Upgraded, the number of system builds exceeded 136,569 times. Such development efficiency, online efficiency, and construction efficiency can only be achieved by the top companies." James Ju said.
Recently, Hobbit Exchange also changed the old trading system and launched a new system, and it only took 30 seconds to switch between the old and new systems. The highlights of the new trading system can be summarized in three key words:Fast: 300,000 orders per second, from order placement to transaction to push back, response in milliseconds;
Stability: No fear of downtime, and respond to emergencies at any time. The availability index for 2020 is 99.99%, and the target for 2021 is 99.999%. The annual downtime does not exceed 5 minutes.
Accurate: Real-time multi-dimensional clearing, real-time multi-dimensional risk control, core processing is single-threaded throughout, without any concurrency issues.
The contract has also been changed accordingly:
Support both long and short positions; profits can be withdrawn at any time; full positions can be switched from one position to another at will, and positions can be switched even if there are positions; independent positions and combined positions can be switched at will, and positions can be switched even if there are positions: all accounts are opened, and one account can trade spot and contracts at the same time. Swipe back and forth...
The powerful trading system also makes Hobbit's SaaS cloud service popular in the market.According to James Ju, most of the new exchanges and some of the top old exchanges have migrated to the SaaS trading system.
"Before 9.4, three of the four major trading platforms used our technology. (We have) many exchange customers around the world. For example, Softbank's Singapore Exchange also used our SaaS solution. Currently, our cloud platform serves Registered users have exceeded 12 million, so we are truly No. 1 in the field of B-side SaaS exchange software." James Ju said.
In addition to the trading system, Hobbit has another major technical pillar, which is the Hobbit public chain.
On October 20 this year, the HBTC Chain test network will be officially launched after two years of research and development. As a heterogeneous cross-chain DeFi public chain, the HBTC public chain provides a more complete solution for the free circulation of encrypted assets: asset cross-chain bridge, OpenDex protocol supporting AMM (automated market making) + Orderbook (order book) dual-mode and On-chain asset OTC solution. Interested readers, welcome to read Odaily's previous articles
In fact, HBTC is not the only centralized exchange that develops basic public chains, and the three major exchanges have layouts. But judging from the current development, in addition to Binance Chain’s launch of the main network, the other two are in the test network stage just like the Hobbit public chain. In the future, the HBTC public chain will provide users with a one-stop decentralized and secure on-chain digital asset solution, becoming a new generation of DeFi ecological infrastructure.
More and more exchanges are now focusing on customer acquisition, and do not pay much attention to technology. Without the support of a strong trading system, the exchange is doomed to be a tree without roots and water without a source if it wants to achieve long-term development. Looking back at Hobbit, the continuous investment in the underlying technology also determines that it can go further in the future.
You must know that Apple also made a breakthrough at the technical level first. With the IOS system and the creative launch of smart phones, it attracted a large number of Apple fans.
The emphasis on the underlying technology is determined by the founder's genes. The ultimate pursuit of technology is probably the key to Hobbit attracting Woz and Efforce (WOZX).
secondary title
3. Soft power other than technology is also very important
In addition to technical support, Hobbit's soft power is also the reason for attracting Efforce (WOZX): compliance, security, products, depth (liquidity), etc.
Compliance is one of the lifelines of an exchange. In today's increasingly stringent regulatory environment, exchange compliance is particularly important.In October this year, the derivatives platform BitMex was jointly prosecuted by the US SEC and CFTC, and the founder and a group of executives faced criminal penalties.
A lesson from the past is a guide for the future. Since its establishment, Hobbit has always attached great importance to supervision, and has applied for licenses in many countries around the world. Currently, Hobbit has been included in the exemption white list of the Singapore trading platform license.
"Singapore is essentially an international financial center, and its license is a license that can support various fiat currencies and truly serve global users. We think that this kind of global trading business may actually become a global currency for a long time in the future. It is a normal state, so we hope that we can try our best to obtain this kind of business license that can be applied globally. For example, every state in the United States needs to apply for MSB, including the BitLicense in New York, which is super difficult to obtain, so we have not considered it. .” James Ju explained.
Security is another lifeline of an exchange.
This year, there was a phenomenon that the private key manager could not be authorized by the mainstream exchange, which caused the exchange to suspend the withdrawal of coins, and a crisis of trust broke out in CEX.
For the security of private keys, HBTC will soon launch a new decentralized custody product - BitStody. BitStody is an independent escrow system based on distributed signatures in cooperation with multiple authorities. It can ensure that user assets are managed independently and will not be affected by exchange risks.
