Press Release
LikeLib2.0 Technical Features, Redefining Public Chain
Based on the country’s strategy to promote the development of blockchain, we focus on the core issues of blockchain applications in various fields, take typical blockchain applications as an important breakthrough, promote breakthroughs in key application technologies of blockchain, and study blockchain service architecture, data Key technologies such as access technology, hybrid storage, data source, cross-chain and sharding, blockchain and IoT intelligent system integration, and develop a basic platform for blockchain services, in blockchain education and training, e-government, supply chain, and carry out application demonstrations in key areas such as finance to open up the innovation chain, application chain and value chain, thus providing common and secure blockchain basic support capabilities.
Recently the technical features of LikeLib2.0 public chain system are announced through the media.
LikeLib2.0 provides a secure and stable blockchain service basic platform, covering more than 3 core modules with independent intellectual property rights, such as data connection, hybrid storage, and cross-chain technology, which is able to quickly build solutions for typical application scenarios.
Compared with LikeLib1.0, LikeLib2.0 has a higher level of improvement in core technology architecture, and the transaction speed is about 10000TPS.
The newly released 2.0 system will not only merge transaction program fees, but also copy forks of the blockchain and increase the volume of transfer transactions. The average transaction value can be distributed among the running nodes.
In addition, there have been steady improvements in supporting smart contracts, exchangeable consensus mechanisms, and various storage networks. It can replace the blockchain consensus mechanism and the basic IPFS distributed storage network according to different factors (such as transaction volume), which can store a large amount of data outside the chain.
LikeLib2.0 uses database fragmentation technology. Within the database of LikeLib2.0 public chain system, only a small part of the input transactions need to be processed, and a large amount of verification work can be completed through other conventional parallel processing on the network.
Here, BTC and LikeLib seem to be merchants from two countries. The two parties cannot trust each other and use different currencies, so they cannot directly trade.
Therefore, the two parties negotiated a set of rules (equivalent to a relay chain protocol) and established a special trading venue to handle transactions, jointly managed by large merchants (equivalent to gateways) in their own country as representatives. These large merchants also need to have a sufficient amount of assets as security.
The whole process is called a cross-chain bridge, which has technical advantages such as multi-signature technology/ring signature technology/hash locking.
LikeLib2.0 uses Lightning Network transactions and zero configuration transaction channels.
Both parties transfer funds to a common payment channel and conduct transactions by transferring funds from one end to the other. The existing hosting solutions on the Lightning Network only manage their users’ funds on one or a few, and they will not use one channel with each user. Instead, an internal private ledger is kept to record when the funds belong to the user.
Therefore, users do not have to wait for the payment channel to be broadcast to the chain. The result is a decentralized network of custodians, with each custodian running a centralized subnet with users.
Earlier we mentioned the ring signature technology in the LikeLib2.0 cross-chain bridge. The ring signature is named because a certain parameter implicit in the signature is composed according to certain rules. However, many schemes proposed later do not require the structure of the signature to be a ring, as long as the formation of the signature satisfies the spontaneity, anonymity and group characteristics, and it is also called a ring signature.
In fact, the security of the ring signature technology scheme is quite high, such as: unconditional anonymity, unforgeability, unconditional anonymity of the signer, and the signer can freely specify his own anonymity range, forming a beautiful ring logic structure, which can realize group signatures The main function of but does not require trusted third parties or group administrators.
Ring signature is a special group signature. There is no trusted center and no group establishment process. For the verifier, the signer is completely anonymous.
In terms of zero-knowledge proofs, in theory, it is possible to prove something to everyone else without exposing anything significant, and the volume of the generated proof is small, the proof cost is very low, and it has nothing to do with the amount of calculation that needs to be proved.
LikeLib2.0 uses the generation algorithm (G) to generate public parameters for the proposition, the proof algorithm (P) to generate the proof of the satisfiability of R1CS, and the verification algorithm (V) to verify the proof and other technical methods and means to finally generate the proof. It can be proved that there is a secret value reset equation satisfied without revealing the secret.
Data traceability, from the perspective of application, focuses on the process and method of tracking.
The “decentralized and distributed” technology of LikeLib2.0 records all information publicly on the “public ledger”, and can only be entered and cannot be modified. Due to the feature of multiple parties jointly maintaining the simultaneous ledger, the traditional information island problem is broken and decentralized management is realized.
In this open distributed accounting system, the blockchain provides users with openness and consensus; decentralized and transparent transactions and anonymity for both parties.
The data traceability annotation is a technique for tracing the source, reproduce the historical state and evolution process of the data according to the trace path, and realize the redirection of the historical data archives.
The World Wide Web has continued to iterate for thirty years before it has today’s prosperity and “Internet +”. If we still have confidence in the blockchain in 2020, perhaps we should give it more time. Obviously, the LikeLib2.0 public chain system has given the blockchain industry a gratifying answer in 2020.
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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.
Press Release
ECM’s Tap to Earn Crypto Game: Redefining Play-to-Earn in the Crypto Space
ECM Coin has taken a fresh approach to combining blockchain technology and gaming with its Tap to Earn Crypto Game, now available on Telegram. Designed to be simple and engaging, the game is a gateway for players to earn ECM Tokens while enjoying a fun and accessible experience. Unlike games from meme coins, ECM’s offering is deeply tied to its ecosystem, creating real value and utility for players beyond the gaming experience.
A Fun and Easy Way to Earn ECM Tokens
The Tap to Earn Crypto Game is as straightforward as it gets. Players tap their screens to accumulate points, which are then converted into ECM Tokens. Whether you’re new to crypto or a seasoned enthusiast, this game offers an effortless way to get involved in the ECM ecosystem. It’s not just about earning tokens—it’s about being part of a larger, innovative movement in blockchain and e-commerce.
Standing Apart from Meme Coin Games
While many meme coins introduce basic games as gimmicks, ECM’s Tap to Earn Crypto Game is different. The primary distinction lies in its real utility and integration. Meme coin games often lack meaningful use cases beyond entertainment, but ECM takes it a step further. Tokens earned in the game can be used across ECM’s comprehensive ecosystem, including:
● bCoinMart: Trade your ECM Tokens or other cryptocurrencies with reduced transaction fees.
● CryptoCoinEarning: Stake your ECM Tokens to earn additional rewards.
● Androverse: Use tokens for virtual land, assets, and immersive experiences.
This integration ensures that gameplay leads to tangible benefits, setting ECM apart in the crowded play-to-earn market.
How the Game Works
Getting started is simple:
- Open the game via Telegram.
- Tap the screen to accumulate points.
- Convert your points into ECM Tokens.
The intuitive design ensures anyone can participate, from casual gamers to crypto enthusiasts. Plus, the Telegram-based platform means no downloads or complicated setups—just instant access to earning opportunities.
Expanding the ECM Ecosystem
The Tap to Earn Crypto Game isn’t just a standalone experience; it’s a gateway into ECM’s broader vision. By playing, users get introduced to ECM Tokens, which serve as the backbone of an expansive ecosystem encompassing trading, staking, and even virtual ownership. This aligns with ECM’s mission of creating an inclusive, transparent, and efficient blockchain environment for businesses and individuals alike.
A Sneak Peek at ECM’s ICO
For those looking to deepen their involvement with ECM, the Initial Coin Offering (ICO) is an exciting opportunity. ECM’s ICO allows investors to purchase tokens at an early stage, positioning themselves for future growth as the ecosystem expands. Participating in the ICO not only supports ECM’s development but also offers potential long-term rewards as the project gains traction.
Why Choose ECM’s Tap to Earn Crypto Game?
Here’s why this game is a game-changer:
● Accessible to Everyone: No prior crypto knowledge is required to start earning.
● Seamless Integration: Tokens earned can be utilized across a robust ecosystem.
● Real Utility: Unlike meme coin games, ECM provides meaningful applications for its tokens.
● Fun and Rewarding: Enjoyable gameplay that directly benefits your wallet.
The Future of Play-to-Earn Gaming
The Tap to Earn Crypto Game is just the beginning. ECM plans to evolve its offerings, introducing more interactive experiences and expanding its ecosystem. By combining gaming with blockchain technology, ECM is not just entertaining its users but also empowering them with financial opportunities.
In a world where meme coin games often lack depth, ECM’s Tap to Earn Crypto Game delivers real value. It’s not just a game—it’s a step into the future of blockchain and e-commerce. Start tapping, start earning, and start exploring the possibilities of ECM Coin today.
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
CEO Alona Shevtsova: Strong finish to another exceptional milestone year for the Sends team
2024 was a significant year for Sends. Customers have demonstrated increased trust, as Sends has achieved PCI DSS 4 certification to provide advanced security.
User experience has been one of the main priorities. In the questionnaire, Sends users expressed a feeling of comfort with Sends web banking services. Moreover, Sends launched its app this year, free to download from the App Store and Google Play.
Founded in 2017 in the UK, Sends offers faster transfer and foreign exchange services in GBP, EUR, and USD. This allows customers to spend like a local in foreign countries through multi-currency accounts. This year, the team focused on helping clients send money faster and using the seamless operations of SEPA, SWIFT, and UK local payments.
«Fintech is all about continuous growth and innovation, and this year was a milestone for the Sends team. We successfully launched our services on web and app platforms while enhancing our infrastructure and security protocols. Looking ahead to 2025, our focus is clear: driving the globalization of Sends services,» commented Alona Shevtsova, Director/CEO at Sends.
Customers rate Sends 5.0 on the Apple App Store, indicating their satisfaction with the product. Sends aims to simplify banking, continually updating the user experience and interface in the user cabinet.
The network is the cornerstone of Send’s success. To connect all the stakeholders and inspire them with innovative financial technology ideas, the company organized the first event on December 3rd in London.
This December, Sends launched a special promotion for businesses, offering a unique opportunity for free access to their service. For more details, visit the promotion page. Activate your Business account by December 31, 2024, and receive three months of free subscription.
*Sends is a trade name of SMARTFLOW PAYMENTS LIMITED.
SMARTFLOW PAYMENTS LIMITED is registered in England and Wales (Company number 11070048).
Contact:
Anastasiia Pervushyna
Address: Office 39.18, Level39, One Canada Square, London, England, E14 5AB
Marketing Department
contacts: pr@sends.co
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
Unk Da Chef Releases New Hit Single “Cherry Trish”
“Cherry Trish”, Unk Da Chef’s most recent song, marks his return. His reputation as one of the most genuine voices in hip hop is further cemented by this record, which exemplifies his distinctive fusion of honesty and flexibility. The track highlights the resilience and struggles that make Unk’s music relatable, celebrating both the grind and the triumphs. Check out Unk Da Chef’s new hit single “Cherry Trish” out now on YouTube and be sure to follow him on social media for his latest releases.
Connect:
Instagram: @unk_da_chef
TikTok: @unk_da_chef
Twitter: @unk_da_chef1
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.
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