TXT_Trust_TXT exchange_TXT coin

TXT,Trust

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Lawmakers of the U.S. House of Representatives will hold their first hearing on FTX bankruptcy on December 13: Jinse Finance reported that the Financial Services Committee of the U.S. House of Representatives will hold its first FTX-focused hearing on December 13. The hearing, titled "Investigating the Collapse of FTX, Part I," is likely to be part of a series of hearings. The committee did not release a list of witnesses for the hearing. Republican Rep. Patrick McHenry has previously said they want former FTX CEO SBF and related companies including Alameda Research and rival exchange Binance to participate.

According to previous news, Senate lawmakers are also paying close attention to the FTX crisis. The Senate Agriculture Committee will hold a hearing on FTX on Thursday. [2022/11/29 21:08:13]

Total supply:

Encrypted exchange FTX US plans to launch options trading: According to news on July 31, the encrypted currency exchange FTX US plans to launch options trading services, the specific timetable has not been announced. Brett Harrison, president of FTX US, said that if the product can be perfected during the period of slow retail volume, once the volume picks up again, it can seize the opportunity.

According to previous news, FTX.US has opened stock trading to US users, and residents of all 50 states can register to trade hundreds of stocks and ETFs. (Bloomberg) [2022/7/31 2:49:19]

Core algorithm:

News | pEOS released a smart contract and announced the implementation of UTXO on EOS: According to MEET.ONE, the pEOS team released a smart contract today, announcing the implementation of UTXO on EOS. Unspent Transaction Output (UTXO) refers to unspent transaction output. It was originally used in Bitcoin and is a data structure that contains transaction data and execution code. It can be simply understood as a token that has been received by an address but has not yet been consumed. The total balance of a wallet is calculated by tracking and adding all UTXOs available to that wallet. Users cannot consume only a part of UTXO, it is consumed as a whole. [2019/6/27]

Incentive Mechanism:

TXT is a token issued by the Trust game platform on the EOS chain. TXT uses an innovative token economy design to reward contributors to the platform. TXT holders can share 50% of platform game profits. The amount of rewards that each TXT holder can obtain is proportional to the amount of TXT they pledge to the total pledge amount of the platform.

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