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    D-Ecosystem: Introducing a seamless network with 0% Transaction costs

    Are you tired of high transaction costs eating into your profits and hindering your ability to conduct seamless transactions? Look no further than D-Ecosystem. This innovative platform offers a solution to the rising transaction costs by providing a seamless network with a 0% transaction fee. Say goodbye to high costs and hello to a streamlined, efficient transaction process.

    In this article, we will explore the features and benefits of the D-Ecosystem and how it can revolutionise the way you conduct your transactions.

    D-Ecosystem:
    D-Ecosystem is a decentralised network that leverages the power of blockchain to enable secure and transparent transactions. Unlike traditional payment systems, D-Ecosystem eliminates the need for intermediaries and connects users directly, allowing for faster and more efficient transactions. But what sets D-Ecosystem apart is its zero-cost structure, making it an attractive option for businesses and individuals alike.

    D-Ecosystem is a revolutionized Decentralized blockchain platform that provides an individual set of features and services to its valuable users. The main core of this ecosystem is the D-Chain network, an open-source blockchain network that helps secure and fast transactions with 0% transaction costs.

    D-Ecosystem Products:
    The D-Ecosystem is born with numerous and wonderful products to attain many benefits. The Products of the D-Ecosystem are as follows:
    D-chain: Blockchain network predominantly designed for D-ecosystem for handling the various process like 0 transaction costs, lightspeed transactions, and high privacy with a built-in proof of innocence protocol to prevent money laundering and crime
    D-Swap: Seamless exchange platform where the users can swap their tokens with others
    D-Wallet: A user-friendly wallet that allows individuals and organisations to securely store, send, and receive digital assets
    D-Launchpad: One of the key features of the D-Ecosystem, which is the primary medium of the exchange platform. This platform allows the native coin of Ecosystem, DCX coin.
    D-Bridge: This platform will act as a bridge between the transactions among the users
    D-P2P: Allows to exchange the of different kinds of currencies like fiat to digital currency and vice versa

    What makes D-Ecosystem stand out in the crowd:

    • D-Ecosystem is the first-ever Cross Chain IDO Platform

    • D-Launchpad is a phenomenal platform with a dashboard of token information, allowing users to sell and buy DCX coin, a native token of the D-Ecosystem.

    • Transaction cost: D-Chain 0 transaction cost, lightspeed transactions, secure and high privacy

    One of the major and predominant features of the D-Ecosystem is minimal transaction costs when compared with other kinds of networks like Ethereum, Polygon, and BSC. Generally, the crypto people might be aware of the transaction costs. A transaction cost is nothing but a particular amount charged to the user while performing crypto transactions. The transaction cost will vary based on the different networks. The transaction cost of the Network is determined based on the traffic of the network. As per the research, the Ethereum network has a high transaction cost when compared to others.

    This is the major issue faced by most of the platforms. Hence to overcome this issue, D-Ecosystem is concentrating on developing a platform with a 0% transaction cost. This platform allows the user to enjoy the transaction with minimal transaction costs. This is the major highlight of our D-Ecosystem platform.

    In conclusion, the d-ecosystem is an innovative solution that brings a new level of efficiency to the world of transactions. With its zero transaction fee approach, D-Ecosystem eliminates the cost barriers that often prevent individuals and businesses from engaging in financial transactions. Additionally, its seamless network allows for quick and secure transactions, making it an ideal platform for anyone looking to simplify their financial operations. Whether you are a small business owner, an investor, or someone who wants to save money on transaction costs, D-Ecosystem is an excellent choice. So why not give it a try today and experience the benefits for yourself?

    posted in Development Discussion | 技术讨论 •
    D-Ecosystem Roadmap

    The world is changing at an incredible pace. With the introduction of the internet, the possibilities seem endless. Cryptocurrency and blockchain technology have further cemented this shift towards decentralization. The D-Ecosystem roadmap is one such initiative that aims to develop a decentralized ecosystem that will provide users with complete control over their digital assets. The D-Ecosystem roadmap promises to revolutionize the way we interact with digital assets.

    The D-Ecosystem is an ideation that has been developed to develop a decentralized ecosystem that can offer an alternative to the traditional centralized platforms. The goal is to create a platform that is fully decentralized and provides complete control to the users over their digital assets. The D-Ecosystem roadmap includes the launch of a token that will be used to attract more founders and investors to the platform.

    The Components of D-Ecosystem: D-Wallet, Browser Extension, Mobile Wallet, SWAP, DEX, Yield Farming Platform, and Blockchain
    The development of the D-Ecosystem began with the ideation of the D-Wallet, Browser Extension, Mobile Wallet, SWAP, DEX, Yield Farming Platform, and Blockchain. These components are the backbone of the D-Ecosystem and are designed to work seamlessly with each other. The team behind the D-Ecosystem has spent countless hours researching and analyzing the various components of the ecosystem to ensure that they work together seamlessly.

    The Development of D-Ecosystem: Testing, Standardization, and Auditing
    After creating the final draft of the D-Ecosystem, the team began the process of analyzing and developing the ecosystem. The team spent considerable time analyzing the smart contract execution part, testing the QI extension, and developing the Android and iOS wallets. Currently, the team has launched the wallet, and the iOS wallet is in progress. Testing and development are completed 90% on all systems.

    Standardization and auditing are ongoing and will continue in the future. The D-Ecosystem is a complex system that requires a lot of effort to ensure that it works seamlessly. The team is committed to ensuring that the platform is secure, reliable, and user-friendly.

    The Future of D-Ecosystem: D-Meta, D-Messenger, D-P2P, and Community Building

    The D-Ecosystem roadmap promises to offer more than just a decentralized blockchain platform. The team behind the D-Ecosystem has set ambitious goals for the future. They plan to launch D-Meta, D-Messenger, and D-P2P in the future. These components will further enhance the user experience and provide a complete decentralized ecosystem that offers complete control to the users.

    The launch of the D-Ecosystem token will be the first step in attracting more founders and investors to the platform. The team behind the D-Ecosystem understands that building a decentralized platform requires a community effort, and they are committed to building a strong community of users, developers, and investors.

    The Benefits of D-Ecosystem: Complete Control, Security, Reliability, and User-Friendliness

    The D-Wallet is the centerpiece of the D-Ecosystem.It is intended to give users total control over their digital assets.The wallet is user-friendly and easy to use, making it an ideal choice for both novice and experienced users. The DEX is designed to provide users with a decentralized exchange where they can trade their digital assets securely and efficiently. The Yield Farming Platform is designed to provide users with a platform to earn rewards by staking their digital assets.

    The D-Ecosystem roadmap promises to revolutionize the way we interact with digital assets. The platform is designed to be fully decentralized, providing users with complete control over their digital assets. The team behind the D-Ecosystem is committed to building a platform that is secure, reliable, and user-friendly.

    The future of the D-Ecosystem is bright. The team behind the D-Ecosystem has set ambitious goals for the future. The launch of D-Meta, D-Messenger, and D-P2P will further enhance the user experience and provide a complete decentralized ecosystem that offers complete control to the users. The team is committed to building a strong community of users, developers, and investors to ensure the success of the D-Ecosystem.

    In conclusion, the D-Ecosystem roadmap is an ambitious initiative that promises to revolutionize the way we interact with digital assets. The platform is designed to be fully decentralized, providing users with complete control over their digital assets. The team behind the D-Ecosystem is committed to building a secure, reliable, and user-friendly platform that will attract more founders and investors to the platform. The launch of D-Meta, D-Messenger, and D-P2P will further enhance the user experience and provide a complete decentralized ecosystem that offers complete control to the users. The future of the D-Ecosystem is bright, and the team is committed to building a strong community of users, developers, and investors to ensure the success of the platform.

    Join the D-Ecosystem today and experience the future of decentralized finance!

    posted in Development Discussion | 技术讨论 •
    5 Best Metamask Alternatives and Similar Apps

    Cryptocurrency has revolutionized the way that transactions are done, not only for investment but also for other reasons. A trusted crypto wallet is essential. Metamask is a popular wallet, but you might want to consider Metamask alternatives.

    Why Do Many People Love Metamask?
    Metamask is a popular crypto wallet. It allows you to centralize all your crypto activities. Metamask reviews show that many people love this app for a variety of reasons.

    A flexible and easily accessible crypto wallet
    It includes extensions for Chrome, Edge and Firefox.
    You can also store ERC-20 and Ethereum tokens.

    You can interact with decentralized programs through the app.
    You may be able to find other apps that provide similar services and benefits, despite all its positive aspects. Here are some of the top apps like Metamask. Some names are suggestions of Metamask alternative wallet apps on Reddit.

    The Best Metamask Alternatives
    The list below will help you find the best place to store your Bitcoins and other crypto tokens. Before making any decisions, make sure you weigh all the pros and cons.

    1. Exodus
    Are you new to crypto? Exodus is the best choice for you if so. The app has many features and doesn't require a custodial plan. Accessing your crypto assets will not take up too much of your time.

    Exodus has many features that will allow you to manage your crypto assets such as:

    More than 100 cryptocurrencies can be exchanged.
    Live chat is available for 24/7 customer service
    Manage your assets from your smartphone or desktop.
    Excellent security.
    Sign-up is not required

    Exodus, a hot wallet, is susceptible to malware and other cyber threats. To ensure an improved service, Exodus' developer constantly updates security and other aspects.

    2. Ledger Nano S
    Ledger Nano X is another alternative to MetaMask. There are many versions of Ledger, but the S version is smaller. It is also less expensive than other Ledger products.

    This wallet is a hardware wallet that allows you to store your crypto assets safely and without any risk of malware or other cyber theft. This cold wallet supports only 18 applications.

    Ledger Nano S is the right choice, short story.
    More than 1,500 different crypto tokens can be stored.
    You can create a complex password of up to 20 characters.
    Protectiveness is always better with offline wallets.

    Some users claim that this wallet is not for beginners. It also limits you to only 18 applications, as we mentioned before.

    3. Coin base Wallet
    Coin base is a good choice for Metamask wallet alternatives. This app was launched in 2012. It is licensed and regulated today for cryptocurrency exchange.

    Coinbase was a small company that offered Bitcoin trading before it became so popular. All users have access to this program today to store and trade major crypto tokens, as well as many other options.
    Coinbase is not only one of the most trusted wallets but also offers at least 25 cryptocurrency tokens for trading, investment and staking. The UI is easy to use and simple. The app is easy to use and interesting for beginners.

    The platform is consistently ranked among the top five wallets that offer the most liquid exchange. It would also make it easier to store and exchange your crypto coins.

    These are the main points:
    This platform has many altcoin options.
    Easy UI and beginner-friendly
    The liquidity remains high.

    There are several things you should consider when choosing Coinbase Wallet. Despite the many benefits, the platform has high fees for all users, even those not using them.

    Apart from that, hacks were reported that drained some accounts. This is a very serious matter. It offers many altcoins but its competitors can offer more.

    4. D-Wallet :

    Dwallet is a good choice for MetaMask wallet alternatives. D-Wallet allows you to connect to Blockchain-based apps in the most secure and easy way possible. You will have complete control over it.
    It's an advanced mobile Decentralized crypto wallet that allows you to access DApps and manage your digital assets. In seconds, you can start exploring the digital world. Get the trust of millions of users.

    D-wallet lets you import and manage all Ethereum accounts you own.
    All transaction history from all accounts in one place.
    To ensure you are sending the right message, check your transaction recipients using over 5o Million tagged Ethereum accounts.

    5. Trezor Wallet

    Trezor, a crypto company, also offers a variety of wallets. There are many options, but the most common and convenient is the Trezor Model T. If you require a hardware wallet, this is the one you should consider.
    It is cold, but beginners can still use it without getting confused by the digital wallet.

    Trezor Model T, an open-source hardware wallet, comes with a touch screen. This wallet is a favorite among crypto enthusiasts. Some other amazing features include:

    Unlimited storage
    Simple touch screen interface.
    More than 1,600 digital currencies are supported
    There are SD card slots available.

    Some users find this wallet to be a bit costly, especially when compared with hot wallets. There may be security flaws, as with any device. The Trezor Model T wallet is still safer than other devices because it's a physical wallet.

    posted in Development Discussion | 技术讨论 •
    why crypto wallet need for NFT Enthusiast

    Crypto wallets are essential for NFT enthusiasts because NFTs (non-fungible tokens) are typically stored on a blockchain, which is a decentralized ledger that keeps a record of all transactions. A crypto wallet is a digital wallet that allows users to securely store, send, and receive digital assets, including NFTs.

    Here are some reasons why crypto wallets are necessary for NFT enthusiasts:

    Security: Crypto wallets are designed to be highly secure, with features such as two-factor authentication and encryption to protect your digital assets from theft or hacking.

    Control: By using a crypto wallet, NFT enthusiasts have full control over their NFTs. They can decide when to buy, sell, or transfer their tokens without relying on a third party.

    Compatibility: Most NFTs are based on the Ethereum blockchain, which means they are compatible with Ethereum wallets such as MetaMask, MyEtherWallet, and Trust Wallet.

    Accessibility: With a crypto wallet, NFT enthusiasts can easily access their tokens from anywhere in the world, as long as they have an internet connection.

    Investment: For those who see NFTs as an investment opportunity, holding their tokens in a crypto wallet allows them to track their portfolio and monitor the value of their NFTs over time.

    In summary, a best crypto wallet is a crucial tool for NFT enthusiasts who want to securely store, manage, and trade their digital assets.

    Best Crypto Wallet for NFT Enthusiast

    There are many crypto wallets available for NFT enthusiasts, but here are some of the most popular and highly recommended ones:

    MetaMask: MetaMask is a popular Ethereum wallet that allows users to store, send, and receive ETH and ERC-20 tokens, including NFTs. It is available as a browser extension and a mobile app, and it has a user-friendly interface.

    MyEtherWallet: MyEtherWallet is another popular Ethereum wallet that allows users to store and manage their NFTs. It is available as a web-based wallet and a mobile app, and it supports multiple cryptocurrencies, including ETH and ERC-20 tokens.

    Trust Wallet: Trust Wallet is a mobile wallet that supports multiple blockchains, including Ethereum and Binance Smart Chain. It allows users to store, manage, and trade their NFTs, and it has a built-in DApp browser for accessing decentralized applications.

    D-wallet: Dwallet allows users to securely store, send, and receive cryptocurrencies, as well as exchange them with other digital assets. The wallet is accessible from anywhere in the world, and the website states that it uses advanced security measures, including multi-signature technology and two-factor authentication, to ensure the safety of user funds.

    In conclusion, the best crypto wallet for NFT enthusiasts depends on personal preferences and needs. It is recommended to research and compare different wallets to find the one that best fits your requirements.

    posted in Development Discussion | 技术讨论 •
    Decentralized Crypto Wallet and it’s Benefits

    A decentralized crypto wallet is a digital wallet that allows users to securely store and manage their cryptocurrencies without the need for a central authority or intermediary. Instead, the user has full control over their funds and private keys, which are encrypted and stored on their device.

    Decentralized wallets are built on blockchain technology, which enables peer-to-peer transactions and removes the need for a third party to facilitate transactions. They also provide users with increased security and privacy, as they are not reliant on a single point of failure or vulnerable to hacking attacks.

    Some popular examples of decentralized crypto wallets include MetaMask, MyEtherWallet, and Trust Wallet, D-wallet. These wallets are typically free to use and can be accessed through web browsers or mobile apps. Users can send and receive cryptocurrencies, view transaction histories, and manage their assets directly from the wallet interface.

    However, it is important to note that with great control comes great responsibility. Users of decentralized wallets must be diligent in safeguarding their private keys and securing their devices to prevent unauthorized access or theft of their funds.

    Benefits of Decentralized Wallet :
    Decentralized wallets, also known as non-custodial wallets, offer several benefits compared to centralized wallets. Here are some of the key benefits of using a decentralized wallet:

    Security: Decentralized wallets provide a higher level of security since the private keys used to access the wallet are only stored locally on the user's device. This means that the user has full control over their funds, and there is no risk of a centralized entity being hacked and compromising the security of the wallet.

    Privacy: Decentralized wallets offer greater privacy since the user's personal information is not required to create or use a wallet. Additionally, transactions made using decentralized wallets are typically not traceable back to the user.

    No third-party risk: Decentralized wallets eliminate the need for a third-party intermediary, reducing the risk of fraud or theft associated with centralized wallets.

    Access to a wider range of cryptocurrencies: Decentralized wallets typically support a wide range of cryptocurrencies, providing users with more options to store and manage their digital assets.

    Greater flexibility: Decentralized wallets offer greater flexibility since they are not tied to a specific platform or service. This means that users can easily move their funds between different wallets or exchanges, giving them more control over their assets.

    Lower fees: Decentralized wallets often have lower fees since they do not require a centralized entity to process transactions. Users may save a lot of money as a result of this.

    Overall, decentralized wallets offer greater security, privacy, and flexibility compared to centralized wallets, making them a popular choice for cryptocurrency enthusiasts.

    posted in Development Discussion | 技术讨论 •
    Top 3 open source cryptocurrency wallets for Ethereum Network

    Do you want a location where you may store and exchange your Binance, Ethereum, or other cryptocurrencies? Look into these five open source alternatives.

    Cryptocurrencies like Ethereum would only be theoretical concepts without crypto wallets. For storing, sending, and receiving cryptocurrency, these wallets are necessary.

    The concept of decentralization, in which a central authority is excluded from the network and everyone has a fair playing field, is credited with the revolutionary growth of cryptocurrencies. Blockchain networks and cryptocurrencies are built on open source technologies. It has made it possible for the thriving, young industry to benefit from decentralization's immutability, transparency, and security.

    Read on to see if any of the following options suit your needs if you're searching for a free and open source Ethereum crypto wallet.

    MyEtherWallet

    MyEtherWallet (abbreviated MEW) is a wallet for Ethereum transactions, as the name would imply. It is entirely online and reachable via a web browser. It is free source (under the MIT License).

    Using the wallet's straightforward client-side interface, you may participate in the Ethereum network with security and confidence.

    Etherwall
    The first desktop wallet for storing and sending Ethereum is called Etherwall. The GPLv3 License is used to distribute the open source wallet.

    Etherwall is simple to use and quick. What's more, to strengthen the security of your private keys, you can operate it on a full node or a thin node. You can download the entire Ethereum blockchain to your local computer by running it as a full-node client.

    Windows, Linux, and Mac OS users can use Etherwall, which also supports the Trezor hardware wallet.

    D-Wallet
    D-Wallet provides the easiest and best way to connect securely to Blockchain-based services. It will be yours to control. dwallet allows contract interaction and you can keep track of all transactions.
    D-Wallet is accessible in Firefox browser extensions, Chrome, Opera, Opera, Brave, and in mobile applications. It offers you a key vault with secure login, token token wallet and token exchange as well as a Fiat to Crypto swap option.

    Fiat currency to cryptocurrency conversion gateway in Dwallet allows the purchase of crypto assets such Ethereum, Matic, Solana and so forth. It allows for you to directly buy 80+ cryptos into your dwallet.

    posted in Development Discussion | 技术讨论 •
    A GUIDELINE FOR SELLING NFT IN 2023

    You may be familiar with our earlier post, How to Build an NFT. It's time to learn how to market one after you have a handle on how to make one.
    Undoubtedly, one of the main reasons NFTs have drawn so much attention in recent weeks is because of the bizarre tales of NFT salesmen. It's your time now.
    If the entire procedure is confusing or overwhelming you, try not to be overwhelmed. We'll help you with that.
    Five Steps To sell an NFT first time

    Select a platform
    Create a crypto wallet
    Your NFT should be priced
    Create a listing
    Accept an offer

    1. Choose the best platform.
      The selection of a platform is the first step in selling an NFT. There are other choices, including direct-to-consumer platforms like Shopify and online markets like OpenSea. The decision will be based on the kind of NFT you are selling and the costs involved in trading cryptographic assets.

    2. Choose the ideal cryptocurrency wallet
      To put your NFT up for sale, you need the best cryptocurrency wallet. The most well-known wallets that let you sell NFT are MetaMask and dwallet.

    3. Set your NFT price
      It's a popular misconception that NFTs are only worth what they cost. NFTs' price and value to customers are influenced by a variety of circumstances, though.

    4. Create a listing
      You must make a list after deciding on the price for your NFT.
      Open your NFT platform and log in. In the event that you're using a marketplace, click Create in the upper right. Depending on how many collectibles are available, you can then select one or more. The next step is to give your NFT a title and description.
      You should write a title that is catchy, applicable to your digital item, and doesn't try to hard sell. Your token's purpose and any underlying themes should be mentioned in the description. It's crucial to indicate the NFT's level of rarity as well as whether or not buyers will receive any benefits in addition to asset ownership.

    5. Accept an Offer
      Once your NFT is listed, you should keep an eye on possible purchasers. The majority of platforms will notify you when a bid is placed on your NFT listing. To ensure you don't miss any discounts, it's crucial to often check in.
      It will be regarded as a public sale if you specify a price and someone buys your NFT. If your digital asset is sold, you will be notified. Both fiat money and cryptocurrency will be credited to your account.
      However, if the auction is live, you'll be notified of all bids on your NFT. Private offers may be sent by buyers, where they offer a price for your non-fungible token. You should be cautious as sometimes offers might be lower than the minimum price. Such offers are typically sent by bots or other adversaries who want to capitalize on the owner's oversight.

    posted in Announcements | 公告 •
    The 5 Best Ethereum Wallets to Know About for 2023

    We should now discuss wallets. No, not that imitation leather item that you can fold up and store in your back pocket. Of course, today everything is already digital, so why not wallets?

    But, the electronic wallet we're discussing serves a specific purpose. We're talking specifically about the realm of cryptocurrencies. For this reason, today's discussion will focus on Ethereum wallets - what they are, how to use them, and which ones are the best available in 2023.

    What Exactly Is Ethereum?
    Ethereum is described by Investopedia as "...a blockchain-based platform best known for its native cryptocurrency, ether, sometimes known by the initials ETH or just as ethereum. The Ethereum network is safe because of the distributed nature of blockchain technology, and this security enables ETH to gain value."

    In 2015, Ethereum was launched. It supports ether and a network of decentralized applications known as dApps. Smart Contracts, self executing contracts with their terms of agreements written directly into the code, were created on the Ethereum platform. Ethereum seeks to be more than the Bitcoin blockchain. While it is limited to supporting the Bitcoin cryptocurrency , the Ethereum blockchain has many other purposes. Ethereum wants to become an electronic, programmable network that supports multiple applications beyond cryptocurrency.
    In January 2022, Ethereum's market capitalization was second only to Bitcoin. It's a great position to be in, when it comes down to cryptocurrency.

    What is an Ethereum Wallet?
    The short answer is that **Ethereum wallet**s allow users to interact directly with their Ethereum accounts. The longer answer is that many banks and financial institutions offer apps that allow customers to make banking transactions using their mobile devices. As the cryptocurrency equivalent of these banking apps, consider Ethereum wallets.
    Mobile banking apps are not mandatory. While you can live without them, you can still access your account via more conventional methods. But why would anyone want to? A wallet is required by Ethereum because you can move funds and manage your ETH.
    There are four types of wallets:
    Physical Hardware: These wallets are extremely secure and allow you to keep your cryptocurrency offline.
    Mobile Apps: You can access your funds anywhere with these resources.
    Web wallets: These web wallets let you access your crypto account via a web browser, as the name suggests.
    Desktop Applications - If you have a desktop computer, you can access your accounts to manage your funds.
    You can switch wallet providers at any time, and many allow you to manage multiple Ethereum applications from one application.
    Let's talk about Ethereum wallets. Here are the top offerings for 2018.

    MetaMask
    This wallet is one of the most popular Ethereum wallets for network novices. This extension allows you to access Ethereum's blockchain through Google Chrome, Brave and Vivaldi.

    D-Wallet
    Dwallet is a decentralized crypto wallet. dwallet is a chrome browser extension. It provides you with a key vault and secure login, token wallet, token exchange and Fiat to Crypto and vice versa swap options. D-Wallet allows you to add N number of EVM based wallets into its system. It will be a gateway to all Decentralised Applications.
    MyEtherWallet
    MyEtherWallet, another well-known Ethereum wallet, brings to a close our list of the top Ethereum wallets. Ledger and Trezor hardware wallets are supported by MyEtherWallet. Also, rather than being kept on a server, your money is kept on your computer.
    Exodus
    This is another top Ethereum wallet that is excellent for new users. Although it's a relatively recent addition to the Ethereum wallet market, it boasts a number of features that assist in raising its profile there. This wallet is also simple to set up and utilize.
    Trust Wallet
    The official cryptocurrency wallet of Binance is Trust Wallet. With the Trust Wallet mobile app, you can transfer, receive, and store Bitcoin as well as many other cryptocurrencies and digital assets in a safe and secure manner. You may use Trust Wallet to access the newest DApps and DeFi platforms, play blockchain games, and earn interest on your cryptocurrency.

    posted in Announcements | 公告 •
    Dos And Don'ts Of Using A Cryptocurrency Wallet

    When someone asks, "Which wallet do I use?" If someone asks you "What wallet do you use?" I don't think he means the brand-name wallet in your trouser pockets. He actually means Crypto Wallet, which can be virtual currency/encrypted cryptocurrency wallet. El Salvador recently made Bitcoin and U.S. dollars the legal tender. A "Bitcoin Beach" will soon be opened by the local government. All expenses will be covered in Bitcoin. If buying a cup of ice cream in the future can also use cryptocurrency, why not let Preface show you the virtual currency/cryptocurrency wallet today!

    1. Choose the Right Wallet
      There are no wallets that support all virtual assets. A cryptocurrency wallet is required to allow you to invest in the specified virtual currency.

    2. Separate Browsers
      Browser wallets like chrome browser extension allow you to choose a completely different browser than the one you normally use. This prevents malware from getting into your browser.

    3. Keep your private key safe
      The technology of today makes it almost impossible to retrieve coins if the private code is lost or they are sent to the wrong place.

    Are Cryptocurrency-Wallets Safe?
    Even if the cryptocurrency is stored in a trusted wallet, it's still possible to lose it. Not only can the user lose their private key, but hackers and malware could also attack research, stealing important information. Information. The following information can help you protect yourself more effectively.

    1. Secure Network
      Avoid using public Wi Fi networks to trade virtual currencies. For extra security, even if your network is private, you can set up a VPN. VPNs allow you to hide your IP address so that your browsing activities are more secure.

    2. Multiple cryptocurrency wallets may be used
      You have the option to create as many cryptocurrency wallets as you want. This will allow you to diversify your risk by storing virtual currencies in different wallets. You can also make different wallet types "transaction" or storage, then choose the right type for you.

    3. Cybersecurity awareness must be raised
      Because network behavior can be a major part of assets, it is more crucial to change account passwords, identify malware, update anti virus software, and so on. To increase security, you can also choose multi-factor (MFA) or two-factor (2FA) authentication.

    posted in Development Discussion | 技术讨论 •
    An introduction to decentralized Wallets and Centralized Wallets

    A central exchange (or CEX) is a place where transactions are coordinated, such as Binance or Coinbase. A company that facilitates asset buying and selling, such as Binance or Coinbase, is called a centralized exchange (or CEX). The CEX is responsible for the custody of the funds and can change the rules and regulations that govern the platform. They have been exposed to theft and hacking too often in crypto.

    Centralized Exchanges: The Pros and Cons
    Pros
    Advanced UI/UX that is user-friendly
    Fiat On-ramp available
    High liquidity
    There are many trading options
    Higher trading volumes
    Cons
    Central entity controls the operation
    Security is lower because funds are managed by the company (settlement withdrawal, deposits, withdrawals).
    Compromised anonymity (KYC required)
    Geographical restrictions may be severe
    Reliance on a central database and the capture of Personal identifiable information makes it less secure
    Decentralized exchanges : The Pros and Cons

    Pros
    Trustless, no intermediaries
    As funds are self-managed, they are highly secure
    No KYC required for anonymity
    Permissionless and unregulated

    Cons
    UX/UI can be complex
    No fiat on the-ramp
    Some tokens have lower liquidity
    Trading options are limited

    What are wallets exactly?
    A crypto wallet is simply a digital wallet that lets users store, manage, and trade cryptocurrencies. It acts as your identity for buying Bitcoin, Eth and other crypto currencies. It stores your address and records what you buy and sell.
    A crypto wallet can also store the public and/or secret keys that are necessary to conduct cryptocurrency transactions. A public key acts as your bank account numbers. You can share your public keys with other people and institutions so that they can send money to or take money from your account. They will view your public secrets as a wallet account. A hashed, compressed version of your public key is what they use.
    A private key, on the contrary, can be used as a password for your bank account or your PIN to your debit card. Your private key is your password or PIN to your debit card. Anyone who has access will have full access to all of the assets in your wallet.
    The cryptocurrency you receive is not stored directly in your wallet as it is a digital currency. Instead, the wallet stores information about both your public and private keys. This information essentially gives you ownership rights to the cryptocurrency. With these keys you can send and receive cryptocurrency. However, your private key will be encrypted.

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