Evening recommended reading｜Can Balancer be the top spot in DeFi?

After the total market value of DeFi skyrocketed, is it bullish or bearish?

Recently, the cryptocurrency circle is very hot, all because of Defi. Half a month ago, the total market value of Defi was still 2 billion US dollars, but in just a few weeks, the total market value of Defi has exceeded 6.5 billion, all because of Compound’s borrowing and mining. The market heat brought by the mine, and the imitators that followed.

Balancer officially deployed the governance token BAL on its Ethereum mainnet, and the price of BAL has risen from $7 to a maximum of $22 within a day. According to some analysts, the launch of BAL seems to be replicating the model of the DeFi protocol Compound. Which of the two will be the first? What impact will it have on the DeFi field? click to read

Golden Evening News | List of important developments on the evening of July 9: 12:00-21:00 Keywords: British regulators, G20, Bank for International Settlements, General Office of the State Council

1. UK regulator says it will crack down on misleading cryptocurrency ads

2. Musk: Doge has lower transaction costs than BTC and ETH

3. India's ICICI Bank requires customers to remit overseas funds not to invest in cryptocurrencies

4. G20 Joint Report: The dimension of cross-border payment and settlement of central bank digital currency is crucial

5. Bank for International Settlements: CBDC may be used to strengthen cross-border payments if regions coordinate effectively

6. General Office of the State Council: Accelerate the construction of trade finance blockchain platform

7. Santiment: Investors are transferring BTC to cold storage for long-term storage

8. The US digital payment service provider Stripe plans to go public

9. Apple co-founder Steve Wozniak: Bitcoin is "the most amazing mathematical miracle" [2021/7/9 0:40:29]

How to understand the fiery Filecoin and IPFS? What happened to grabbing the "top mine"?

Golden Evening News | List of important news on the evening of September 29: 12:00-21:00 Keywords: Filecoin, Ethereum 2.0, Vitalik, ETC

1. General Office of the State Council: Make full use of new technologies such as blockchain to break down regional barriers and departmental barriers.

2. Filecoin released the mainnet ignition and start-up phase, and the mainnet is expected to be launched on October 15.

3. The new Ethereum 2.0 test network Spadina has been launched.

4. Vitalik commented on Google's mandatory cut: We need to build our own app store and mobile operating system.

5. Report: The number of blockchain patent applications in my country accounts for about half of the world.

6. ETC Cooperative: It is strongly recommended that nodes migrate to the Hyperledger Besu network.

7. Ethereum testnet developers: Phase 0 is the incentive testing phase before the launch of Eth2.

8. Guangdong Development and Reform Commission: Building an energy blockchain platform system.

9. The governor of California signed a law to bring more power to the financial sector to regulate cryptocurrencies. [2020/9/29]

Recently, IPFS and Filecoin have become hot words in the industry. In addition to discussing the prospects of technological development, most people are more concerned about how many times the wealth that Filecoin can bring after it goes online. Therefore, the matter of grabbing the "first mine" has also been widely mentioned. . What is a head mine? What are the benefits of grabbing the first mine? click to read

ETC fluctuated greatly at night: According to Huobi Pro market, ETC quickly rose to $35 at 11:00 tonight, but fell back to $28 after 12:00. The current ETC price is $28.99, a drop of 17.07%. [2017/12/13]

The company that sold my mining machine ran away before the Filecoin mainnet was launched

"When you inspect mining machines, you should not only look at the ranking, but also look at how many machines were used and how much money was invested to obtain the ranking. Most ordinary investors are unable to distinguish this point, and some operation and maintenance are required. Professional friends can refer to it together, and let the mining machine manufacturer open the operation and maintenance background of the test machine.” Zhou Huan said.

"Are you willing to go in and be a leek now? Don't worry about waiting for the mainnet to go online." Xie Dapao said. click to read

Understand the principle of Balancer's "liquidity mining" in one article

Liquidity is crucial to the development of DeFi. Many DApps require reliable liquidity pools to support their operations. One of the most interesting innovative projects in the field of liquidity pools is called Balancer. If you haven't heard of Balancer, now is a great time to learn. click to read

Why is there a loophole in the Bancor smart contract? How to avoid it?

During the period of 6.18, I was worried that "Avalokitesvara" was not enough. If I woke up, I suddenly found that my parents' accounts can be used casually, and my ex-boyfriend's money is open to you and all his ex-girlfriends because of the wrong permission setting. It's not that there is no pie in the sky, but that there may be a hole in the sky.

What's mine is mine, and what's yours is mine.

This vulnerability happened to the smart contract deployed by Bancor on June 18. Click to read

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