Adam: Tcow will recast the cross chain DEFI
At 23:00 UTC on March 17, 2021, Adam, the person in charge of cow Asia Pacific region, tweeted that “According to the proposal of community governance of cow, cow will enter wave field ecology through parallel chain. Imtoken tokenpocket and other wallets will support the cross chain of cow-trc20 protocol on April 1, 2021.This will be the first time that cow has entered the defi ecosystem of landing applications.”
Then in the forum, some informants released their opinions to understand that tcow, the new eco token mentioned in the tweet, will take TRX public chain as the underlying framework, smart contract as the core mechanism, and build an open financial system through decentralized protocol. This will enable anyone in the world to carry out open financial activities anytime, anywhere and without permission. Tcow will further build a low threshold, transparent, accessible and inclusive point-to-point financial system through distributed open source protocol.
In the official news later, it is more clearly pointed out that the international matrix public chain cow will provide the main network cross chain gateway service at that time, and the holders can exchange their assets for trc20-tcow with one click, so as to more flexibly participate in wave field ecological services and rich defi ecology, including cowswap, loan or derivative transaction, chain game and reorganization of ecological community, etc. It has also been reported that tcow will not only perform well in TRX ecological application, but also perform well in IPFs distributed information storage in the future. Let’s look forward to the announcement of tcow smart contract.
Recommended News
-
Wealth Managers Want Clarity on Bitcoin Rules: Reuters
Leuthold Group Chief Investment Officer Jim Paulsen told Reuters he is frustrated by not being able to hold bitcoin (BTC, +5.14%) for his clients. Leuthold Group manages $1 billion but regulatory barriers prevent the firm from holding cryptocurrency. “What I like about bitcoin is … its correlation to stocks and other assets is extraordinarily independent,” Paulsen told Reuters. In lieu of holding the asset itself, wealth managers are clamoring for the approval of bitcoin exchange-traded funds (ETFs) that would meet the legal standards required of traditional investments, according to the report. The U.S. Securities and…
-
Building the Foundations for the Decentralised Dream of the Web3 Space
The likes of Google and Facebook have dominated the Web2 era, building multi-billion dollar empires and developing powerful influence over the shape of the internet. They have built many of the applications we use in our everyday lives, that has provided convenience, improved efficiency and connections. However, the cost of this “free” technology provided to users is the loss of user control over their data and their share of the upside from use of that data. Addressing these concerns, Web3 has positioned itself as the next evolution of the…
-
Billionaire Investor Howard Marks Warming to Bitcoin
Howard Marks, co-founder of alternative investment manager Oaktree Capital, says he has reconsidered his previous “dismissive” stance on bitcoin (BTC, +3.28%). The investor, who is worth $2.1 billion according to Forbes, previously said in a 2017 memo that cryptocurrency was “an unfounded fad.” The comment was “a knee-jerk reaction without information,” Marks conceded in a video interview with the Korea Economic Daily on Monday. While he’d previously considered bitcoin to have no intrinsic value, he said that “there are plenty of things that people want and value highly that have no intrinsic value. How about a…
-
CoinZoom’s One-Stop-Crypto Shop Integrates Digital Services Under One Roof
The next wave of mainstream users is coming, and the simplicity, integration, and convenience of one-stop-crypto-shops like CoinZoom are likely to be the most appealing platforms for new entrants, with everything they need under the same roof. The cryptocurrency exchange marketplace has witnessed tremendous growth in recent years, fueled by speculative interest and increased adoption in the space. With hundreds of platforms, services and tokens on offer, it is understandably complex to navigate this fragmented playing field. New adopters who stay the course want more than an isolated exchange platform….
-
Crypto Is Banned in Morocco, but Bitcoin Purchases Are Soaring
Cryptocurrencies are banned in Morocco, but peer-to-peer bitcoin (BTC, -5.01%) trading platform LocalBitcoins is reporting all-time trading highs this year. February 2021 was the platform’s “best month ever” in Morocco in terms of trading volumes, according to LocalBitcoins Chief Marketing Officer Jukka Blomberg, who said approximately $900,000 worth of bitcoin was traded on the platform through the month. LocalBitcoins also saw a 30% increase in user registrations between 2019 and 2020, with over 700 new accounts created, Blomberg said. Bitcoin purchases are rising despite a ban on cryptocurrencies in the North African country. In November…
-
First game of Metaease — Heroland overview
Metaease has officially launched and it’s first game—- Heroland is coming and will soon under beta test. Now let’s have a overview about this project. Heroland is an SLG mobile game based on blockchain technology with gameplay as its starting point and foothold. Our design idea is to give full play to the entertainment and educational significance of the game. While bringing game value to users, we use blockchain technology to make the game run in an open and fair environment to ensure game fairness and asset safety among players….
-
Secure and encrypted decentralized chat software
Communication and interaction with people, and the construction of relationship with people. Communication interaction is communication, relationship construction is making friends, that is, people’s social needs are communication and making friends. Where there are people, there is social networking. According to statistics, there are 4.54 billion people in the world who can connect to the Internet. The coverage rate is 60%, and the number of people using social media reaches 3.8 billion, nearly half of the world’s population (calculated according to the total global population of 7.7 billion). In…
-
BSC will be launched in April, ERC, Heco, BSC, TRC four chains will be issued at the same time
The Coinbasis native token BasisCoin (abbreviation: BSC) is scheduled to be launched in April and will be launched on the four chains which are ERC, Heco, BSCand TRC. Coinbasis is an encryption platform jointly launched by the Australian bitcoin mining hardware giant Bitfury, FlashFX, AgriDigital and Othera, which is dedicated to the layout of the distributed storage ecosystem and the establishment and trading of distributed storage financial derivatives. It has been licensed the ASIC. BSC provides users with liquidity mining and lowers the entry threshold for blockchain mining. At the…
-
Cryptocurrency Fund Flows Now at Lowest Since October 2020
Flows into digital asset investment products declined by roughly $79 million to $21 million during the seven-day period through March 26, the lowest since October, according to a new report by CoinShares, a digital asset investment firm. Slowing investor appetite for cryptocurrency funds reflects sideways price action in bitcoin (BTC). The cryptocurrency has traded between $50,000 and $60,000 over the past week. “Investor appetite for digital assets has waned in recent weeks as volatility remains high and the price trades sideways,” CoinShares wrote in the report. “We have recently witnessed a significant reduction…
-
What Is BitClout? The Social Media Experiment Sparking Controversy on Twitter
Prominent users of Crypto Twitter have suddenly discovered they have another profile on a new social network called BitClout, except over there some people are buying and selling tokens representing their identities. It does not matter whether the people behind those profiles have ever touched the social network. “The core insight behind BitClout is that if you can mix speculation and content together, you can not only get a 10x product that creates innovative ways for creators to monetize, but you also get a new business model that’s not ad-driven…