Taraxa is specifically built to track informal transactions with audit trails for fast logic processing, speculative execution, low latency and true finality, all built on a next generation Block DAG topology. Taraxa, a fast and scalable public ledger specially designed to minimize business problems. Taraxa is implementing the following key technical innovations: Inclusive Block DAG protocol that maximizes throughput without compromising security Fair and efficient offers allowing the POS system to issue fair, efficient and inconsistent block offers Asynchronous immediate termination eliminates the risk of reverting and reorganizing the DAG Speculative execution to speed up stateless transaction processing Runlevel optimization that dramatically increases the execution speed of virtual machines. As blockchains evolve, innovative networks such as Bitcoin and Ethereum are facing scalability bottlenecks. One of the key metrics for scalability is total network throughput, usually measured in transactions per second (TPS). However, for single-chain topologies, an increase in TPS necessarily means a decrease in security, the restoration of which negates any advantages of TPS. To increase the TPS, the network can increase the block size β and / or the rate at which the block γ is generated. Increasing β necessarily increases the network latency δ because a larger block of data takes longer to transmit. This, in turn, reduces the timeliness with which all nodes learn about the block, thereby increasing the likelihood of branching. Increasing γ leads to an increase in the number of blocks offered on the network, but since only one block can be accepted in a single-chain topology, more blocks actually increases the number of choices that nodes must incorrectly bet on the longest chain. which leads to branching. Therefore, we see a tough trade-off between TPS and security. The loss of security is due to the fact that honest nodes are not coordinated, while a malicious adversary can coordinate their work outside the chain to create a set of blocks without branches and thus determine the longest chain. βγ ∝ TPS: block size and block generation increase TPS β ∝ δ: increase block size

Thoughtfully read the chronology of the Cover hack, according to the team. I recommend that you familiarize yourself with it, it reminds of satirical pop scenes :) From the interesting: on 27.12 at 6pm UTC, developers received a signal from users that the Blacksmith contract in protocol allows minting tokens. The developers tried to alleviate the problem and went to bed quietly. On the morning of December 28 at 08:08:12 UTC, the first exploit occurred (the developers continued to sleep peacefully). Then, at 09:18:28 UTC, the same hacker continues to mine coins (developers continue to sleep :). Then the Grap Finance team (white hacker who later return back all ETH) joins the hack at 11:54:47 UTC (developers still sleeping :). At 10:54:00 UTC, some protocol user notices what is happening and tries to contact at least one of the developers who also continue to sleep :) Finally, at 12:04:00 UTC, two team members wake up and start trying to figure out the problem. Everyone already knows the end of the story and it`s very bad: while the developers were sleeping, an infinite number of Cover tokens merged on DEX swaps and Binance, up to 12.40 UTC, when Binance stopped trading. At the same time, the token continued to be traded on Uniswap and Sushiswap. And only at 4.35 PM UTC, the team announced on Twitter the release of a new token and a call not to buy the old one. At the same time, promising to exchange the owners of old tokens for new ones, but only to those who had tokens before the exploit (28.12 at 08:08:12 UTC). Thus, the unprofessional actions of the team set up a huge number of traders who only did their ordinary routine On the one hand, you can say: why did traders continue to pick up tokens on the leaks, because they should have suspected something was wrong? But on the other hand, everyone is living a real life, and not tracking every minute of tweeter. Moreover, Cover's official tweeter was silent, not saying a word about breaking the protocol. Only Binance announced about exploit and stop trading.

Andre Cronje and Yearn Finance continue a series of mergers and acquisitions, collaborations and deep cooperations. Pickle Finance, Cover Protocol, CREAM Protocol, Akropolis Finance, Sushi Swap. It is logical that after each of such announcements, the cost of tokens - counterparties of Yearn shows X of varying degrees, allowing speculators like us to make good money😊 Therefore, the task of determining the next potential partner Yearn Finance becomes paramount. After doing a analysis, I identified three potential objects, the tokens of which I have already purchased. These protocols have been selected by me due to the originality of their products, as well as their market undervaluation and potential for growth. The information provided in this article is for entertainment purposes only and does not constitute investment advice. DYOR. Descriptions of each of the projects are taken from the official blogs.

API3 goes on sale November 30th on DEX Mesa. Pre-sale starts on November 30, ends on December 14. 20 million API3 tokens will be available for sale. Original price $ 0.3, up to $ 2.0. Venture funds represented by Placeholder, Pantera Capital, Accomplice, CoinFund, Digital Currency Group, and Hashed decided to bet on a competitor to Chainlink - Oracle API3. API3 raised $ 3 million for 10% of the company's tokens with venture funds vesting for 2 years. Let's denote the API3 estimate by VC metrics as $ 30 million for the full capitalization of the project. Chainlink is now valued at $ 4.89 billion. If the product turns out to be worthy, then the potential for growth is enormous. 20% of the total token supply (20M API3) will be sold to the public.

Decentralized finances from the Ether ecosystem smoothly migrate to Binance and this is easily explained. The speed and low cost of transactions on the Binance Smart Chain are critical. I don’t know about you, but my Ether commission costs are at least $ 150 per month, which is very frustrating. Therefore, in November, I actively began to observe the BSC and, of course, started with Yield Farming. Despite the high risks in this type of earnings, the benefits can be very high. To begin with, Im satisfied with it. Of course, you shouldn't mindlessly repeat my actions or join this club too, DO YOUR OWN RESEARCH. Well, for a start, I'll tell you about my own experience.

Этим постом, я начну для вас открывать секреты децентрализованных финансов, которые привлекли огромный интерес и финансы в мир блокчейн технологий, в 2020 году. Рекомендую вам тщательно изучать эту тему, масса информации доступна в Binance Academy. Уже сейчас те, кто разобрался в этом непростой системе обеспечивают себе стабильный доход.