2021-03-29 Defi speaker
Recently, TRON GlobalChain (TRON GlobalChain), a one-stop DEFI predictor based on a global perspective, was launched.
TGC is an interoperable full-stack DEFI protocol based on the public chain of TRON, created by the core force of TRON. At the initial stage, it realizes the function of market prediction by providing the foundation to meet users' demand for price prediction. At the later stage, it gradually realizes the project vision through the DAO governance mechanism.
What technologies will TGC use to realize these visions?
First of all, TGC makes use of prediction market theory to predict future events. With the help of blockchain technology, it ensures that the blockchain platform can obtain correct data from the external world to judge and execute smart contracts.
Second, TGC uses a variety of solutions to reduce Ethereum congestion, using Rollup's Layer 2 network scaling on the one hand and cross-chain technology on the other to achieve better performance, providing a minimalist product design and lower user barriers.
In addition, TGC ADAPTS to local conditions and provides different language instructions for different international environments, giving users the ultimate product experience. At the same time, based on TRON ecology, it integrates the needs of various vertical tunnels of DEFI to create various application scenarios, such as fluid mining and pledge mining, to greatly improve the stickiness of users.
In the face of the existing privacy leakage in traditional finance, opaque transaction data, easy to be hacked and other problems, TGC uses decentralized finance in the form of "DEFI+ Predictor" to eliminate financial barriers, build a secure and transparent financial service system, and form a highly autonomous and trustworthy inclusive financial ecology.
What's the value of TGC once it's online?
In today DeFi development hot circumstances, predicted that machine is one of the development of infrastructure, but also emerged in the process of its development at the same time a lot of questions, on the one hand is the machine itself has certain problem, by malicious attacks, price manipulation, on the other hand is the etheric fang has a long history of network congestion, high cost, trade not free Gas, product experience, these are yet to be solved.
At the technical level, TGC takes TRON public chain as the underlying infrastructure of blockchain and builds an efficient, stable, secure and reliable de-centring DEFI predictor platform through shard node optimization and map-based identity authentication technology. Using the DAO (Decentralized Automatic Organization, Decentralized autonomous Organization), allow anyone to participate in realize the Decentralized, carried out in accordance with the contract rules of community governance, to complete the transaction from start to finish whole process, effectively solve the existing problems, to predict the machine better booster block chain data connection with the outside world, help the leapfrog development of traditional financial.
At the same time, by using node sharding technology, TGC distributes a single block of the blockchain and stores it in different nodes to avoid the creation of blocks by malicious nodes. At the same time, decentralized identity authentication based on ring mapping can solve the problem of price code vulnerability safely and effectively.
On this basis, TGC's project token economy combines destruction mechanism and circuit breaker mechanism to reduce market risks, ensure the security of market transactions, and realize the continuous growth of TGC's value.