您现在的位置是:Layer 2 blockchain MathChain announced >>正文
Layer 2 blockchain MathChain announced
上海品茶网 - 夜上海最新论坛社区 - 上海千花论坛53668人已围观
简介The MATH Global Foundation has announced a blockchain that will make transactions cheaper and easier...
The MATH Global Foundation has announced a blockchain that will make transactions cheaper and easier for everyday users
The Singapore-based MATH Global Foundation, best known for releasing the multi-chain crypto wallet MathWallet, yesterday announced their development of the Layer 2 blockchain MathChain. The blockchain was built on Substrate and is a part of MATH’s goal to create a multi-chain asset hub.
MathChain was built to meet the demand from everyday users for Layer 2 networks, and has three main aims. Firstly, it intends to remove entry barriers for ordinary people. As such, MathChain will introduce the SmartChain Wallet, which enables people to use their social platform accounts to create a decentralised wallet.
Secondly, MathChain will connect all Layer 2 networks through a product called MathHub. This enables users to exchange assets across chains through low latency transactions, thanks to cross-chain capabilities.
Finally, MathChain will make blockchain payments more affordable for everyday users through its MathPay solution. Transaction fees are reduced, while speed is maintained through Polkadot’s Nominated Proof-of-Stake protocol.
MathChain will incorporate a module called SecretStore which is responsible for the automatic distributed management of keys. The smart wallet being developed on MathChain will be simpler to use, as it can be backed up and retrieved through social media accounts and does not require private keys or mnemonic words.
The MATH Global Foundation is also designing a data wallet called PolkaVault. It will combine a Filecoin-based storage network with the encryption permission management of MathChain to create a “bank” for personal data.
The Chief Technology Officer of MathWallet, Eric Yu, said, “we believe that MathChain will be the bridge between Web 2.0 and Web 3.0, lowering the barriers for new crypto users and also rebuilding the basic infrastructure of wallets, app stores, and “datastores” in the new Web 3.0 metaverse.”
So far, the Galois Testnet for MathChain has been released, and a MATH airdrop to existing MathWallet users is planned for the future.
Tags:
转载:欢迎各位朋友分享到网络,但转载请说明文章出处“上海品茶网 - 夜上海最新论坛社区 - 上海千花论坛”。http://www.jz08.com.cn/news/7422.html
相关文章
Weekly Roundup of Cryptocurrency News 16/04/2021
Layer 2 blockchain MathChain announcedIt has been yet another exciting week in the cryptocurrency sector, with Coinbase making the news. H...
阅读更多
Bitcoin price rebounds off $56.5k
Layer 2 blockchain MathChain announcedBitcoin price has rebounded off support near $56,500 and could see fresh gains towards $60,000Over t...
阅读更多
Crypto price prediction: Solana, Zilliqa, Fantom (FTM)
Layer 2 blockchain MathChain announcedBitcoin price remained slightly above $30,000 this week.There was no major cryptocurrency news durin...
阅读更多
热门文章
- Russia Lifts Ban on Crypto Mining in Abkhazia
- LINK and UNI now available as tradable digital assets on eToro
- Cryptocurrency remittance payments on the rise in Africa
- Why is the Verge (XVG) price soaring? It’s up 295%
- Indian Prime Minister’s Twitter Hacked In Crypto Scam
- Fed Chair Powell: ‘we see payment stablecoins as a form of money’
最新文章
Ripple secures a ‘huge win’ as Judge rules XRP is ‘not’ a security
Dogecoin up 4% as X payments speculations return
Floki Inu price prediction as Chancer token sale gains steam
Ethereum developers consider raising validator limit from 32 ETH
Shiba Memu price prediction as presale rakes in over $215k
Pro delivers a $2 trillion BCH, Solana, Litecoin, Mina, Bitcoin price prediction