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Polygon launches decentralized ID product powered by ZK proofs

Polygon, a layer-2 scaling protocol for Ethereum, has launched a zero-knowledge decentralized identity solutionto the public nearly a year after announcing its development.The Polygon ID service uses zero-knowledge proofs (ZK proofs) that use cryptographic techniques to allow users to verify their…

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United States CBDC would ‘crowd out’ crypto ecosystem: Ex-Biden advisor

The creation of a United States digital dollar would “crowd out” the cryptocurrency ecosystem and protect the national security of the U.S. according to a former top advisor in president Joe Biden’s administration.Daleep Singh — a former Deputy National Security Advisor for International Economics…

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What is a decentralized application? Common DApp applications

Decentralized application (DApp) is an application that operates on the blockchain network. It is a software system that does not rely on central institutions or individuals. It is generally based on distributed ledger technology and has achieved the characteristics of decentralization. This means that the information and records of the application should be stored all over the network and not controlled by a single entity.

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DeFi：The operation mode and importance of decentralized ID

The technology DeFi is based on also provides solutions to current obstacles. The solution comes in the form of decentralized identity or did. By using blockchain, smart contract and irreplaceable token (NFT), decentralized identity can provide accurate information for legislators, and also protect users' sovereignty and privacy.

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What are decentralized social networks?

The future of decentralized social mediaTraditional Web2 social media platforms are plagued by fundamental problems such as censorship, lack of users’ privacy and demonetization. Decentralization is a potential solution.Many of Web2’s major social media are already looking for a way out by making s…

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About Solana’s Decentralized Lending Protocol:Solend

Solend fills a big gap in the Solana ecosystem. Solend takes advantage of the high scalability of the Solana blockchain, which is famous for its high speed and low transaction costs. According to the concept behind decentralization, Solend is a community-driven project, which is decided by voters collectively. This article discusses Solend and its operation mode.

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On-chain options could be the next decentralized finance（DeFi）frontier

According to the data, the daily crypto option trading volume of the Central Exchange has been hovering at a level of slightly less than US $1 billion. On-chain options make crypto derivatives further, but they are still far less popular than everyday crypto options. Therefore, the on-chain option may be the next frontier of DeFi.

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Popular Articles

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How much can mobile phone mining earn in 2022? What are the ways to make money from mobile mining?

How much can mobile phone mining earn in 2022? What are the ways to make money from mobile mining? In recent years, due to the popularity of virtual currency mining, many people have participated in it. However, the so-called virtual currency mining is a way to obtain digital currency, that is, to produce virtual currency. But now many mobile phones support mining. How much money can mobile phone mining earn in 2022?

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Crypto Community Unhappy As Celsius Users Doxxed In Latest 14,000 Page Bankruptcy Court Filing

Summary: The beleaguered crypto lender submitted 14,000 pages of transaction history to the bankruptcy court following an order common in such proceedings.Users

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EUR/USD Forecast: Euro could clear 1.0100 on a hawkish ECB surprise

EUR/USD has gone into a consolidation phase early Thursday after having reached its highest level since mid-September at around 1.0100 during the Asia

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ECB’s Lane: Wages will be the primary driver of inflation over the coming years

European Central Bank (ECB) Chief Economist Philip Lane said on Friday, “wages will be the primary driver of inflation over the coming years.” Key quo

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In the review of 2022, what has been experienced from NFT to innovation?

The year 2022 is coming to an end. Looking back on the ups and downs of the industry this year has become a historical footnote to the development of the industry, whether it is technological breakthrough, application innovation or ecological rise and fall. After two years of technology iteration and application innovation in 2020 and 2021, the development of the blockchain industry in 2022 also presents a different picture. This article will answer for you.

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