Tong Lin, co-founder of PhalaNetwork: Polkadot and Ethereum can cover over 99.9% of global blockchain needs.

2020-9-10 19:32
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On September 10, 2020, the Greater Bay Area Blockchain Investment Summit was held in Shenzhen. Speaking of Polkadot, the co-founder of Phala Network said that Polkadot and Ethereum could hold more than 99.9% of the global blocks. . This is not a comparison of two high performance, low cost chains, but an addition to Ethereum 2.0 and Polkadot. Ethereum 2.0 can understand isomorphic sharding to solve the problem. If you want faster trading and lower operating costs, you can always do that on Ethereum 2.0 because the scaling logic of sharding is isomorphic. The problem that Polkadot fixes is something that the Ethereum framework cannot fix. For example, if you want to move your State Grid business to the chain, there is no way to do it with Ethereum, in this case is called heterogeneous sharding and the scaling must be, and it is necessary to use Polkadot to solve this problem. , Well customizable for industry scenarios.

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The Polkadot Privacy Project Phala (PHA) will launch on September 11 at 5:10 pm on the Polkadot network, with an online subscription of 600,000 PHA.
Boboo.com has announced that registration for Phala (PHA) will begin at 4:00 p.m. Singapore time on September 11. Wave.net opened the PHA waiting to trade at 4:10 p.m., deposit and withdrawal at 5:00 p.m., and the PHA / USDT trading pair opened at 5:10 p.m. Phala is Polkadot's personal computer. Phala Network is the aggregation of Polkadot private data, including the parachain. According to the financial support model such as POW, Phala will release the personal data computing power of multiple processors and use it for parachain Polkadot, then Polkadot will release other applications such as Defi and data services. . provided. The pLibra application based on Phala and Web3 Analytics are supported by the web3 platform.
2020-9-10 19:27