LOCK_Meridian Network_LOCK Exchange_LOCK Coin

LOCK,Meridian Network

Release time: 2020-08-13

White Paper:

Maximum supply:

Block.one patented blockchain-based bidding method to stimulate feedback on social media platforms: Block.one has been granted a patent for a blockchain-based bidding method, according to a document published by the U.S. Patent and Trademark Office on April 28. First filed last May, the patent aims to address the current lack of incentives for social media users to vote, like, and comment. Block.one devised a new bidding method to grant impressions to users other than the original author of the post. Specifically, the system will first verify the authenticity of the post through the blockchain to ensure that the content-ethexc is the original work of the author. Users wishing to be associated with the post can then bid on it using tokens distributed by the social media platform. The profile of the highest bidder will be prominently displayed on the post. (The Block)[2020/5/2]

Total supply:

Maxonrow and Avantas Tech cooperate to launch the blockchain monitoring platform MedsLOCK: Maxonrow and Avantas Tech cooperate to launch MedsLOCK to help fight the global spread of the new crown pneumonia epidemic. MedsLOCK is a Maxonrow blockchain-based communication and real-time monitoring platform. Designed by Avantas Tech and powered by Maxonrow technology, the platform aims to integrate medical supply chain data, patient indicators, blockade zone updates, blood donor information, and other information related to real-time epidemic monitoring into a single interface. (PR Newswire) [2020/4/29]

Core algorithm:

News | Block.One CTO proposes to only provide voting rights to tokens locked in long-term equity contracts: According to Fxstreet, Block.One's Chief Technology Officer (CTO) Dan Larimer has expressed some views on how to improve the decentralization of the network. He proposes to only provide voting rights for tokens locked in long-term equity contracts, "The income someone earns compensates them for the loss of liquidity, and should be proportional to the time the token is locked. It is best determined by the market. exchange rate, lock the token network as long as possible." [2019/10/16]

Incentive Mechanism:

MeridianNetwork is an alternative to the current DeFi protocol. It is an ecosystem of dapps/protocols run by the community, managed by platform users through a series of DAO-implemented mechanisms. LOCK is upgraded from MRDN. The value of LOCK will be reflected in the financial dapps created in the future, among which the DAO balance pool is the first dapp (Vault is actually the first dapp, but that is not a permanent dapp). LOCK will be at the core of these decentralized applications, and its usage will increase with each new application.

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