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magmostate channel

A research and development community for state channels.

The state channel research and development community magmo is working hard to get Ethereum developers to work on this most promising Ethereum blockchain scaling solution, supported by the Ethereum Foundation and the Ethereum Community Fund ecf.

Magic Eden's NFT market share on the Solana blockchain is rapidly declining: Jinse Finance reports that as NFT trading platforms that do not want creators to collect royalties become more and more popular, Magic Eden's NFT market share on the Solana blockchain is decreasing rapid decline. Magic Eden has been the leading NFT marketplace on Solana for the last year, quickly capturing 90% or more of the market and hitting a $1.6 billion valuation in June. But according to the latest data compiled by NFT marketplace Tiexo, Magic Eden’s Solana market share has declined in recent weeks. Looking at the results of the data analysis, as of this writing, its share has dropped from 89% in the past six months to 79% in the last month, with an even steeper drop last week, down to 61%, and to 58% in the past 24 hours .

“SOL Legend”, co-founder of MonkeDAO and managing partner of Frictionless Capital, explained: “When the bear market hits, profits are squeezed, and NFT exchanges start complaining because the 10% royalties severely erode their 20% profits .Magic Eden has such a dominant market position that niche players have no choice but to adopt a 0% creator fee royalty strategy to capture market share and put OTC volume back into the market.” [2022/10/14 14: 27:07]

Their focus on simplicity and usability led to the development of ForceMove, a simple yet powerful state channel framework.

Synthetix ecological option protocol Thales will be extended to Arbitrum, and will add support for MAGIC and DPX: On September 20, the Synthetix ecological option protocol Thales has been approved by the committee and will be deployed on the second-layer Ethereum solution Arbitrum. The Thales market platform and Ranged Markets, in addition to Bitcoin and Ethereum, will also add support for TreasureDAO token MAGIC and Dopex token DPX on Arbitrum. [2022/9/20 7:07:43]

Maggie, CEO of HashFin and Operation Director of Golden Hashpower Cloud: Golden Hashforce Cloud has four major advantages: at 20:00 on July 3, hosted by Golden Hashpower Cloud, Chain Technology, and Golden Finance; organized by and Node Consulting The "Golden Hashpower Cloud Offline Conference" officially kicked off. Maggie, CEO of HashFin and Director of Operations of Golden Hash Cloud, introduced the product of Golden Hash Cloud. She pointed out that Golden Hash Cloud has four major advantages. First, connect with the top mining machine manufacturers in the industry, adopt the computing cluster + storage cluster mining machine model, and have strong mining machine technology and quality assurance; second, support one-click purchase, convenient mining, and save the cumbersome connection with mining pools thirdly, mining machine providers are carefully screened by the golden computing power cloud platform to provide investors with peace of mind, and after careful research, select high-quality and stable Filecoin nodes for users; fourthly, effectively lower the mining access threshold , to truly achieve low cost, low threshold, and share the benefits of mining machine computing power. [2020/7/3]

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