BZB_Preservation currency_BZB Cion_BZB Exchange

BZB,hedging currency,BZB Cion

Release time: 2020-07-27

White paper: https://bzbecology.com/Whitepaper/CH-CN.pdf

At 22:00 on July 13, MXC will list BZRX in the evaluation area, with the highest opening price increase of 1566.6%: At 22:00 on July 13, bZx Protocol (BZRX) will be launched in the MXC evaluation area. According to MXC matcha price data, the highest quotation of BZRX at the opening was 2.5 USDT, with a maximum increase of 1566.6%, and the current price is 1.15 USDT.

The official information of bZx Protocol shows that BZRX is an open protocol based on blockchain, and the built application enables traders to use the most flexible decentralized protocol on Ethereum. [2020/7/13]

Maximum supply:

News | Affected by the bZx incident, the Fulcrum insurance pool may not be able to make up for the loss immediately: Jinse Finance reported that the two recent attacks on the DeFi loan agreement bZx may pose an existential threat to the loan and margin trading platform Fulcrum. As word of the attack spread, the utilization of the DAI and ETH pools spiked to 100%, preventing any further withdrawals. Since the Fulcrum insurance pool cannot immediately cover losses, users are advised to withdraw funds as soon as possible. According to previous news, the DeFi loan agreement bZx has been illegally used, resulting in the loss of a part of ETH, with an estimated loss of $350,000. Then it was attacked again, and the attacker may make a profit of 640,000 US dollars. Within hours of the attack, the value of locked assets in the DeFi ecosystem fell by nearly $142 million. [2020/2/28]

Total supply:

Voice | Compound founder: bZx platform should shut down its business immediately: Robert Leshner, founder of the Ethereum decentralized lending protocol Compound, said that the recent performance of the bZx team has repeatedly proved that they cannot keep users’ assets well, and they should suspend their business immediately , take a good look at the platform. According to previous news, there has been a second Flash Loan attack on the bZx platform, and the attacker made a profit of 2,388 ETH, which is about 640,000 US dollars. (The Block Crypto)[2020/2/18]

Core algorithm:

Incentive Mechanism:

BZB is a cloud computing power contract mining system based on the Tron blockchain network. Our ultimate goal is to establish a safe and hidden value preservation system. BZB (value-preserving currency) is a sub-coin based on the TRON network. The total circulation is only 21 million, and the daily fixed output is 7,200. The currency price is in a state of dynamic equilibrium with steady growth. The daily high price fixed repurchase is not less than 6840 pieces to prevent large circulation.

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