Press Release
ADS creates the strongest PoS equity proof mechanism
In 2010, in the early days of Bitcoin’s creation, BM challenged Satoshi Nakamoto and believed that Bitcoin’s consensus mechanism must be changed and proposed improvements.
However, the arrogant Satoshi Nakamoto did not adopt it. After emphasizing the importance and necessity of Bitcoin decentralization, he responded aggressively: If you don’t believe me or don’t get it, I don’ t have time to try to convince you, sorry.
Several years later, BM founded EOS and realized his own consensus mechanism.
Since it is a rumor, let’s just listen to it. But when it comes to consensus mechanisms, there are many things to explore. With the development and evolution of technology, the current mainstream consensus is PoW, PoS and PoS variants. Which consensus is better has always been a hot topic for discussion.
As we all know, the “impossible triangle” problem has become one of the important constraints in the development of blockchain. Therefore, whoever can better solve the problem can become the most ideal consensus mechanism.
So, who is the “ideal country” of consensus?
PoW gradually deviating from the spirit of Satoshi Nakamoto
In Bitcoin mining, Satoshi Nakamoto designed PoW (Proof of Work Mechanism).
Every 10 minutes, along with the generation of new blocks, the Bitcoin network will issue a certain amount of Bitcoin and reward it to the selected bookkeeping node.
From the surface of this mechanism, PoW is a model that pays more for more work. With higher computing power and time spent, the more digital currencies you can obtain.
However, it needs to consume a lot of energy to calculate the result of the hash function during its operation, which is easy to cause a waste of computing resources, because these operations themselves are not related to the value of the blockchain itself. Moreover, the confirmation time of the block is difficult to shorten, and it is prone to fork, and it is necessary to wait for multiple confirmations.
The new blockchain must find a different hashing algorithm, otherwise it will face a computing power attack. At the same time, each time a consensus is reached, the entire network needs to participate in the calculation, and the performance efficiency is low.
In addition, with the decrease of Bitcoin, the demand for computing power is getting higher and higher. In order to accelerate the speed of acquiring Bitcoin, a new method of mining resistance in mining pools has been born. The emergence of mining pools has disrupted the balance of Bitcoin and other encrypted digital currency systems to a certain extent, and the Matthew effect has gradually emerged.
So far, the pure PoW mechanism has no SHD completeness at all, and it deviates from the original intention of Satoshi Nakamoto.
“Perfect Alternative” PoS
So PoS (Proof of Stake Mechanism), which is considered to be able to replace PoW, appeared.
The main difference between PoW and PoS is how to determine the voting rights in the blockchain consensus. In PoW, the voting power is proportional to the computing power of the node; in PoS, the voting power of the system is proportional to the proportion of equity held. Once PoS was proposed, it was favored by people.
Compared with PoW, PoS will have a great improvement in performance, but it is also limited. And limited by defects such as the issue of TOKEN and the difficulty in determining the number of accounting nodes, it still cannot be a perfect alternative to PoW.
Secondly, the PoS system requires a highly secure network to resist hacker attacks. Currently, there is no public chain with such strength. What’s more deadly is that in the PoS public chain, the block-producing rights of the blockchain can only be determined by the head player, which makes the PoS public chain a network that is essentially monopolized and dominated by giants.
From this point of view, PoS cannot be a perfect alternative to PoW, so people began to think about whether the original mechanism can be changed, including BM, which was originally taken by Satoshi Nakamoto.
Fortunately, those who still have “consensus ideals” have never stopped exploring. Among them is the original VDS development team. The APoS mechanism they proposed may be a fire of hope that ignites our consensus ideals.
APoS: the original intention of the regression algorithm
Looking back at the evolutionary law of the consensus mechanism, we found that there is no consensus mechanism that can solve the problem of SHD completeness. Can the two types of consensus be mixed so as to integrate the advantages of the two while avoiding some drawbacks?
When the VDS development team encountered a bottleneck in the VDS public chain 2.0, they were inspired by Polkadot and proposed a ring resonance proof of stake algorithm (Λ Proof of Stake, APoS), also known as the cosmic constant algorithm Λ-Dimension.
The VDS development team creatively improved and combined PoS and PoW algorithms to form a resonance APoS consensus mechanism.
On the one hand, APoS returns to the original spiritual core of Bitcoin-decentralization. On the other hand, it solves the “impossible triangle” problem based on game theory mechanism design and Nash equilibrium thinking, and achieves security, efficiency, and decentralization. Compatible, and finally constructed a “blockchain technology system that is more in line with the current economic and financial structure needs than the original Bitcoin algorithm mechanism.”
The consensus algorithm itself is beautiful, but we increasingly lose sight of its true colors.
The reliability of mathematical algorithms is based on its preconditions. The accuracy of mathematics is conditional. Every theorem has certain preconditions and assumptions, and these preconditions cannot be proved by mathematics itself but need to be established and verified through analysis of the real world. These preconditions will also be tested in the constantly changing real world.
Today, ADS based on the APoS consensus mechanism has conducted multiple internal and public testing of the code, and has made corresponding optimizations and improvements in response to the problems that have arisen. According to the official report, ADS will be global on March 1, 2021, Singapore time 17: 00 is open for registration and subscription. In the kernel period, about 15,000 internal testers in the 123 ring will open the exchange to mix and trade about 10 days after the ring is full.
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Disclaimer: The views, suggestions, and opinions expressed here are the sole responsibility of the experts. No Digi Observer journalist was involved in the writing and production of this article.
UBX to Launch Year-Long Global Tour, Expanding Web3 Horizons
In 2025, UBX will embark on a year-long global tour, covering key cities at the forefront of finance and technological innovation. As a leader in the cryptocurrency and digital asset space, the UBX Global Tour will officially kick off on January 9th in Ho Chi Minh City, marking the start of this highly anticipated annual event.
12 Cities in 12 Months: UBX Global Tour Unfolds
UBX’s global tour will follow a set schedule, with events held on the 18th of each month throughout 2025. After the inaugural stop in Ho Chi Minh City, the tour will visit cities such as Dubai (February 18), Macau (March 18), Bangkok (April 18), Paris (May 18), New Delhi (June 18), Vancouver (July 18), Abuja (August 18), South Korea (September 18), Singapore (October 18), Germany (November 18), and Tokyo (December 18). This series of events will cover twelve major cities, attracting thousands of participants at each stop. Industry leaders will gather to discuss the latest developments and innovations in Web3.
Engaging with Users: Building Stronger Connections
Each event will feature UBX’s latest updates and offer an opportunity for direct interaction with users, enabling the platform to gather valuable feedback and insights. UBX is committed to optimizing its products and services to meet the diverse needs of users worldwide. The global tour not only serves as an essential step in UBX’s global strategy but also as a platform for listening to and engaging with its user base.
Blending Online and Offline to Enhance User Experience
As a platform focused on cryptocurrency asset trading and innovation, UBX uses cutting-edge technologies like zero-knowledge proofs, multi-chain interoperability, and AI to build a secure and efficient system that protects user assets and privacy. By integrating innovative online products with its global offline events, UBX is providing users with secure, efficient, and intelligent trading solutions. This approach aims to foster continued innovation in the crypto ecosystem and enhance the overall user experience.
Promoting Industry Growth: UBX as a Compliant Leader
UBX is not only focused on technological advancements but also on driving the adoption of blockchain technology through its global tour. The tour will provide a vital platform for investors, industry professionals, and blockchain enthusiasts to explore blockchain applications across various sectors, accelerating the growth of Web3. Each event will offer valuable insights and strategic perspectives, contributing to the progress of the cryptocurrency industry. Furthermore, UBX remains committed to compliance, holding multiple financial licenses and solidifying its position as a key player in the global digital asset ecosystem.
In 2025, the UBX Global Tour will cover key Web3 markets, enhancing UBX’s global footprint while promoting the widespread adoption of blockchain technology. UBX invites investors, innovators, and blockchain pioneers to join this global movement, as together they help shape the future of the digital asset industry and usher in a new era of crypto wealth.
UBX Global Tour 2025: Join Us on This Historic Journey!
About UBX
UBX, headquartered on Wall Street, New York, is a global digital asset trading platform licensed in Canada, Australia, and the U.S. Focused on security, transparency, and compliance, UBX serves users across 36 countries with a daily trading volume of over $2 billion.
With cutting-edge technology and robust security, UBX offers spot trading, contracts, and asset management, striving to become a top-5 global digital asset exchange and a leader in secure digital finance.
Website：www.ubx.one
Telegram：https://t.me/UBX_Official
About Author
Disclaimer: The views, suggestions, and opinions expressed here are the sole responsibility of the experts. No Digi Observer journalist was involved in the writing and production of this article.
Press Release
$LEIA token soars 2400% on its first day, showing the market is bullish on casual skill-based gaming in Web3
After raising a record $3M+ in its debut on Gems Launchpad, Leia hits the market today with a remarkable opening. Leia offers a diverse platform for casual gamers entering the crypto space via familiar and accessible mobile games
Limassol, Cyprus — Gems, a community-driven launchpad built around an exclusive investor network, celebrates the success of one of its leading launches: Leia, a Web3 gaming company offering a platform of skill-based mini-games. After securing $3M on Gems Launchpad, Leia meets the market today, itching $0.0195 in its peak on its first day. The initial token price on Gems Launchpad was $0.0001.
Leia Games offers an interactive way to play multiple small but casual games on one platform. Often called the “TikTok of gaming,” Leia features numerous skill-based games that use the same in-game currency. This creates an interoperable ecosystem that draws people in. Leia leverages Gems’s launchpad to expand its “Pikmi” gaming platform, boost its marketing efforts, and conduct alpha testing for its core titles.
Understanding and playing—let alone enjoying—Web3 games, which typically focus on the speculative NFT market and complex play-to-earn mechanics, can be challenging and time-consuming. While a miniscule niche market still exists for these Web3 games, the blockchain-based gaming sector has largely ignored the popularity of the casual mobile gaming sector, which makes up 61 percent of the overall gaming market, reaching a value of more than $130 billion in 2022.
Leia Gems is led by a team of industry veterans from Playtika.com with extensive experience designing successful and engaging mobile titles catered to casual gaming audiences. The team has designed an “Intelligent Matching System” to ensure fair and transparent contests featuring a skill-tracking algorithm that continuously monitors player performances to enforce balanced matches.
Gems Launchpad’s mission is to support projects with the most disruptive potential. Its latest project is NFA Club, a gamified, AI-powered trading app featuring curated insights from key opinion leaders (KOLs). NFA Club’s first private sale funding round on Gems Launchpad began on December 4, and will be raising funds over a series of 12 rounds.
$LEIA will be listed on Gems Trade, the new crypto exchange set to be released soon.
About Gems:
Gems is a distinguished crypto launchpad with the mission of un-earthing genuine “gems” in the Web3 landscape through rigorous due diligence. The platform aims to bring together a robust ecosystem for blockchain projects by focusing on launching innovative ventures, expanding communities, penetrating new markets, and leveraging its international network of investors, known as Leaders, to partake in the early stages of groundbreaking projects. Gems launchpad model is driven by active community participation, creating a synergistic environment that benefits both visionaries and the adoption of pioneering ideas. For more information, visit: https://gems.vip/
About Leia:
As the first company offering casual mobile games with a real monkey skill game twist in the Web3 space, Leia’s lineup includes casual puzzles, strategy games, and competitive casual eSports titles. By focusing on both casual fun and competitive mobile games which include in-game tournaments, Leia caters to a wide range of gaming preferences and skill levels. The $LEIA token serves as the primary currency within Leia’s ecosystem and is used to enter tournaments, purchase in-game items, and participate in community events. For more information, visit: https://www.leia.games/
Media Contact:
name: Alona Stein
About Author
Disclaimer: The views, suggestions, and opinions expressed here are the sole responsibility of the experts. No Digi Observer journalist was involved in the writing and production of this article.
Assetsite is a leading cryptocurrency trading platform, renowned for its innovative approach to digital assets. Known for providing a user-friendly and robust environment for cryptocurrency traders, the company is now taking a bold step toward diversifying its investment portfolio. Assetsite has announced plans to invest in the chip industry, a strategic move that signals the company’s ambition to tap into the growing demand for semiconductor technologies.
United States, 9th Jan 2025 – With the global shift toward digital transformation and the increasing reliance on technology, the chip industry is poised for significant growth. Assetsite recognizes the vast potential of this sector and aims to leverage its resources to contribute to its development. The investment is expected to complement Assetsite’s existing focus on cryptocurrencies while exploring new opportunities in the tech-driven economy.
Why Invest in the Chip Industry?
Assetsite’s decision to invest in the chip industry comes at a time when the demand for semiconductors is soaring. Chips are the foundation of modern electronics, from smartphones and laptops to advanced artificial intelligence (AI) systems and autonomous vehicles. These critical components are essential to a wide array of industries, and their importance is only expected to grow as technology continues to evolve.
Here are some reasons why Assetsite believes this investment will be a key factor in the company’s growth strategy:
The Rise of Digital Technologies: As digital technologies such as AI, blockchain, and cloud computing gain prominence, the demand for semiconductors is rapidly increasing. Chips power everything from data centers to electronic devices, making them indispensable in today’s tech-driven world. Assetsite sees the chip industry as a high-growth sector with significant long-term potential.
Diversification of Investment Portfolio: Although Assetsite has carved out a strong position in the cryptocurrency market, the company recognizes the value of diversification. By branching out into the chip industry, Assetsite is ensuring its investment portfolio is balanced and resilient to market fluctuations. The chip industry offers a stable, technology-driven market that complements the volatility of the crypto world.
Tech Synergies with Cryptocurrency: As a company deeply entrenched in the cryptocurrency market, Assetsite understands the importance of cutting-edge technology in powering digital assets. Semiconductor technologies play a crucial role in supporting the infrastructure for cryptocurrency mining, blockchain systems, and other decentralized technologies. Assetsite plans to explore how its investments in chips can directly benefit the crypto ecosystem.
Long-Term Market Growth: The semiconductor market is expected to continue its expansion over the next few decades. With the rise of emerging technologies such as 5G, autonomous driving, and the Internet of Things (IoT), the demand for high-performance chips will only increase. Assetsite sees this as an opportunity to align itself with long-term market trends that show no signs of slowing down.
Innovation and Future-Proofing: Innovation is at the heart of Assetsite’s investment strategy. By investing in the chip industry, the company is positioning itself to take advantage of the technological breakthroughs that are driving the evolution of modern electronics. Whether it’s the development of more efficient chips or breakthroughs in AI and quantum computing, Assetsite is keen to be part of the next wave of innovation.
About Assetsite
Assetsite is a prominent cryptocurrency trading platform dedicated to providing a seamless and efficient environment for traders worldwide. The platform offers a wide range of digital assets, enabling users to trade with ease. Since its inception, Assetsite has maintained a strong focus on innovation and user experience, ensuring both new and experienced traders have the tools they need to succeed in the fast-paced world of cryptocurrency.
Media Contact
Organization: Assetsite Ltd
Contact Person: Lee
Website: https://assetsite.com
Email: Send Email
Address: 1776 N Broadway, Denver, CO 80290, US
Country: United States
Release Id: 09012522456
The post Assetsite Expands Investment Horizons in Chip Industry appeared on King Newswire. It is provided by a third-party content provider. King Newswire makes no warranties or representations in connection with it.
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Disclaimer: The views, suggestions, and opinions expressed here are the sole responsibility of the experts. No Digi Observer journalist was involved in the writing and production of this article.
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