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Kusama slots are up for auction. Do we still need Poca?

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KSM has soared like a rocket in recent months, rising from about 50U at the beginning of the year to nearly 600U all the way, which is completely because Kusama slot auction needs to lock the warehouse KSM, resulting in the scarcity of KSM.

Kusama Network Slot Auction Details Announce, Does Blockchain World Need Pocca?

V Geberyon

Recently Boca was officially releasedKusamaThe Kusama Internet Slot Auction, which has been going on for months, is finally seeing the light of day.

Last week, when Gavin Wood announced that the auction of Kusama slots would be online in recent days, many leeks thought that KSM would rise in response, but it turned out that the currency price plummeted. One of my friends immediately opened more contracts after seeing the news, and the stock was directly exploded, which seemed not to give Gavin Wood face.

In fact, it is not difficult for us to think carefully. KSM has soared like a rocket in recent months, rising from about 50U at the beginning of the year to nearly 600U all the way, which is completely because Kusama slot auction needs to lock the warehouse KSM, resulting in the scarcity of KSM.

In buying KSM was in the army, a lot of people are really want to lock up the KSM to obtain parallel chain project tokens reward, but also has a lot of big banker to bo card without faith, they don't tube wave card can walk far, wanted, is taking the advantage of heat to KSM currency speculation, when the real online, is hard to through the heat continue to hype, He threw away his chips to cash out and went looking for the next target.

I look at the auction details, want to lock up the auctions, I have here some remind everybody, retail investors to participate in is actually participate in the project by the credit, which means that retail KSM to support project bidding, project bid succeeded, then your KSM was about to lock up, see the project bidding is a period, if it is 4, Your KSM can not move for 2 years, this is your pay, the project side in order to thank you, they will take out their own project token reward you.

If the bid is unsuccessful and you do not plan to bid for the next issue, then your KSM will be immediately unlocked and returned to you.

When crowdlending, it's important to note that Kusama's local crowdlending mechanism does not require users to borrow from their ownThe walletSend KSM to third party address to participate in crowdlending.

Local CrowdLoan will make special transactions using a mechanism called active indexing, and the KSM provided by everyone will be locked into the active index, so your currency will besecurity.

Of course, some project parties may choose to use other mechanisms or platforms for crowd lending activities. In this case, be sure to confirm with the official, if the wrong address, then your currency is no way to get back.

Boca has been hot for more than half a year. Dr. Gavin Wood's halo background and the idea of parallel chain can solve the problem of Ethereum congestion well make Boca become a topic of great interest.

Before the first parallel chain came online, Boca based ecological projects were already flourishing in this area, ACA for the Boca Defi track, CRU for the storage track, etc.

Boca has not been officially launched, but its ecology can be said to be the second largest after Ethereum, the following is a Boca ecology map, you can also have a look.

These days and friends chat, in the discussion of a question, the world of blockchain need Boca, Boca will be the same as thatEOSLike, the beginning is brilliant, the last place is messy.

The original intention of Dr. Gavin Woo to create Poca was to improve Ethereum. When he was still in Ethereum, Dr. Gavin Wood was worried about the expansion of Ethereum. However, as the leader of Ethereum was V God, something was not in sync between Dr. Gavin Wood and V God. Then Dr. Gavin Wood simply founded Poca.

However, now that Ethereum has been running smoothly and safely for so many years, the above ecology has become the biggest asset of Ethereum. Plus, the Ethereum team is now constantly accelerating the solution of capacity expansion problem, whether it is short-term layer2 or long-term sharding chain, which shows that the Ethereum team has become intolerant of othersThe male chainIt is constantly nibbling away at the ecology of Ethereum on the issue of capacity expansion.

So by the time the Ethereum Layer2 upgrade is complete, then Poca'sAcross the chainIs the skill still needed?

I've always admired Dr. Gavin Wood for the fact that Poca's parallel chain actually goes further than Ethereum's Layer2 and is similar to Ethereum 2.0.

Namely, boca do now, it will be years before the etheric fang to complete, but now the wave of card is like a sports car with a beautiful appearance, has not been high speed to test, uncertainty of the factors is very large, and for the etheric fang, as long as to upgrade the steadily until the completion of 2.0, then the position is hard to shake.

At present, in the future of the public chain pattern, only Poka is the strength and Ethereum contest, andCurrency,Huocoin and Ethereum are not on the same level of competition, and the completion of Ethereum's short-term layer2 will make life difficult for the two centralized public chains.

But Boca is different. If Boca develops well and the sports car runs, it will indeed pose a certain threat to Ethereum, just like the current Android and Apple systems, which will form a two-power pattern.

This is also a good thing for blockchain practitioners, there will be a choice to change the power, in fact, Boca is like a shopping mall, the following project is a counter, they are independent, to regularly rent to the mall; Ethereum, on the other hand, is like a supermarket, where all the goods are managed by the supermarket and follow the rules of the supermarket.

Boca seems to be a little more flexible, after all, each parallel chain can be adapted on its own, like Android, while Ethereum, like Apple, has to be built within the framework of Ethereum.

However, the whole blockchain is becoming more and more lively, a bit like the early days of the Internet in the 1990s, when all kinds of innovations started to flood in. We are really lucky to be able to access blockchain at this time, it has changed the fate of many people, and it will change the fate of more and more people in the future.

Now auction in this several days should be will officially open slot, the heat of the boca lasted for so long, will soon be launched to see the performance, if it does in the ecological construction, and have no major problems on parallel chain docking, so is honored and unfortunately, the etheric FangHui a strong opponent, then we will see looks good.