GoNetwork

GoNetwork

Essentially, GoNetwork is a fast, low-cost, and scalable network that connects the Ethereum blockchain to other mobile, desktop, and web platforms, centered on mobile devices, and uses what is called a "state channel." A technique that minimizes on-chain transactions by accumulating transactions from off-chain to a minimum before any output is given. This solution is particularly beneficial for mobile devices due to the architecture and programming language in which most of today's Internet traffic is occurring.

Data: The number of Polygon ecological dApps exceeds 53,000, and monthly active-ethexc developers exceed 13,000: On October 18, Polygon quoted data from the Web3 development platform Alchemy in a blog post, saying that as of the end of September, Polygon had more than 53,000 decentralized applications The number of programs (dApps) has increased by more than 60% since June, nearly eight times that of the beginning of the year; the number of monthly active-ethexc dApps has increased to 17,800, a fourfold increase from the beginning of the year; the number of monthly active-ethexc development teams has increased by 27% since the end of June , about 13,700. To date, PolygonPoS has over 174.9 million unique user addresses and has processed over 2.1 billion transactions. [2022/10/18 17:29:45]

GoNetwork could be a whole game changer. The team is solving one of the most critical and interesting problems in the industry, scaling the Ethereum platform. Despite having no crypto background, the team won ETHWaterloo, the world's largest 36-hour Ethereum hackathon, and Vitalik Buterin also applauded the project.

DragonEx: Suspension of deposit and withdrawal services of all currencies on the platform: On October 21, DragonEx officially announced that due to the impact of the OKEX incident, a large number of users had a crisis of trust in the centralized exchange, which led to a run on the platform, and the level of platform reserves deteriorated rapidly. The team made a decision to suspend the recharge and withdrawal services of all currencies on the platform. The announcement stated that if the reorganization is successful before November 2, 2020 (tentative), the platform will gradually resume deposits and withdrawals. If the reorganization fails, the platform will start the aftermath plan and carry out the liquidation work. [2020/10/21]

Featured | Dragonfly launches $100 million crypto fund Bitmain and other investors: According to bitcoin.com, crypto-focused venture capital firm Dragonfly Capital Partners announced the launch of its first $100 million fund dedicated to investing in crypto assets . Its investors include Okex, Bitmain and other well-known companies in the industry. The fund promises to invest in three types of assets: crypto-native funds, tech startups, and decentralized protocols and applications. The founding team of the fund is led by managing partners Alexander Pack and Bo Feng. Among them, Feng is the largest investor in Okex. The fund reportedly attracted a number of Asian investors, including Neil Shen (head of Sequoia China), Eric Xu (founder of Baidu), Xu Xiaoping (founding partner of ZhenFund), Zhang Tao (chairman of Meituan and Founder), Cai Wensheng (Founder and Chairman of Meitu), and Annie Xu (General Manager and General Manager of Alibaba USA). [2018/10/11]

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