Hey everyone, just wanted to introduce this new project I have encountered discovered.

Qilin is a decentralized risk-mitigating protocol for derivatives trading for all assets, powered by cutting-edge mechanisms for liquidity risk control.By mitigating risks for liquidity posed by open positions through multiple mechanisms, Qilin in turn guarantees the liquidity needed for an optimized decentralized derivatives trading experience.

In terms of technical progress, here are some of the key milestones they’ve achieved as of late. Technical Progress

Qilin V1 Public Testnet opened and some bugs fixed

Adjusted the upper limit of the pool of Qilin V1

Modification of Rebase Funding Rate Formula by Qilin V1

Demand analysis and product function designing of Qilin V2

Implemented the function of creating perpetual contract trading pairs permissionlessly

Designed the functional module of price deviation based on Uniswap’s V2 and V3

The functional module of inverse contact added

Added Bridge module and implemented the structured asset pool

Optimization of UI/UX of Qilin V2

They have been currently holding their testnets at the moment and hopefully to run their mainnet soon.

More important links:

Medium: https://medium.com/qilinprotocol

White Paper Site: https://qilin.fi/

While looking for opportunities for investment in their beginnings, I stumbled across a well-known project called PHALA with a unique and revolutionary idea for a new project they call $PHA TOKEN.

“Phala Network is a privacy-preserving computing cloud built on Substrate in the Polkadot ecosystem. We’re building the blockchain privacy industry and are believers in web3.0. Take the green pill and we’ll lead you down the rabbit hole to explore a world with privacy: the cure for what ails the web.” Dang aynt that something??

Binance: https://www.binance.com/en/trade/PHA_BTC

Website: https://phala.network/

PHALA is arising as a must-see investment in the blockchain technology crypto world and seems it could change the way we operate the internet with their Trustless Privacy-Preserving Cloud Computing

The company presents in concise words the solution as a means to completely keep our privacy by taking out a third-party intermediary in the WEB 3.0 while enabling interblock chain interoperability.

Phala's vision is to prevent Orwellian or opposing-anarchistic scenarios of a dystopian digital future, we need technology to maintain the structure of established societal institutions, and provide checks and balances in the digital realm, rather than breaking or molding them.

More details

Public sales: Q1 2021 | Token Supply : 177,634,380PHA | market cap: $157,761,876 volume

Ticker: PHA | Type: Utility-token | Token standard: ERC20 | Current Token price in USD: 1 PHA = $0.892212 USD |

BINANCE

Useful links:

Website: https://phala.network/

Medium: https://phalanetwork.medium.com/

Binance: https://www.binance.com/en/trade/PHA_BTC?type=spot

CoinGecko: https://www.coingecko.com/en/coins/phala-network

Coin Market Cap: https://coinmarketcap.com/currencies/phala-network

[Web 3 Grantee, developed by DaPP force, and built with Substrate and IFPS.]

Hey, everyone.

Just another day coming across something new in the crypto community/blockchain landscape. I recently signed up for this new decentralized social network site, Subsocial which is actually a social finance protocol on POLKADOT. It's coincidentally another Web 3 Grantee, developed by DaPP force, and built with Substrate and IFPS.

At first, I was just scrolling through their website because it seemed promising and all. But after a few readings here and there, I decided to give their Dapp a shot and signed on it. To sign up, it is pretty easy, you just have to have the Polkadot plugin on your browser, and poof you have an account. Just make sure to input your email, and after you accomplish these tasks, you get free tokens (YEY FREE TOKENS!) That's what I initially thought, but you apparently need those tokens to operate actions on the social network site.






Overall, it's a pretty dope site wherein, they will soon integrate an NFT marketplace and all. It's basically like Reddit at its infancy stages but of course, decentralized. You can make your own “Spaces” which are basically the equivalent of Subreddits. Even made my own space and first blog post on it!






https://app.subsocial.network/4388

For the more in-depth technicalities of its tech, check out this link to a video:

https://www.youtube.com/watch?v=FO1KFndiAMk&t=3s

Make sure to check it out for yourself at

Website:

https://subsocial.network/

Twitter:

https://twitter.com/SubsocialChain

What is PHALA?

The PHA Token is a cloud computing network, which 1) offers computing power comparable to existing cloud services, but also 2) protects the privacy of managed programs (i.e., the programs’ internal states and users’ interaction with them are not publicly visible), and 3) maintains the properties of a blockchain in being secure and trustless.

Why PHALA?

The PHALA team has been equal parts meticulous and aggressive in the development process of their project thus far. The team has already shown their faces and are obviously committed... they have been checking off items from their roadmap one by one.


PHALA's  token, PHA is now publicly released on Binance and has been since the first Q of 2021


This PHALA article will basically summarize the vision PHALA is trying to accomplish. Released on Jan 30

Check out our article on medium for a short read summarizing the story of PHALA and their progress so far.

https://medium.com/phala-network/phala-transparent-and-private-global-computation-cloud-2d80c70ad1e9

Community involvement / Giveaway Competitions

The PHALA Team has been in general contact with their community by being generous enough to give out tokens and limited edition NFTs to participants in their testnets. PHALA has been able to establish a community that is ever-present in 10 countries: The United States, Vietnam, Indonesia, India, The United Kingdom, China, the Philippines, Australia, Nigeria, Germany.

Coinbase Tracking

PHALA Token is now trackable on Coinbase. Check them out here:
https://www.coinbase.com/price/phala-network

Binance: https://www.binance.com/en/trade/PHA_BTC?type=spot

CoinGecko: https://www.coingecko.com/en/coins/phala-network

Coin Market Cap: https://coinmarketcap.com/currencies/phala-network

[Hello]

Hello everyone,

We've seen a surge of technological strides in the last few years in terms of how blockchain has been scaling. But as the costs of running these networks have grown, the number of volunteers to provide the open-access nodes needed to keep them decentralized has decreased. These public blockchains that are dominated by one or two operators are slowly veering towards a similar model or image as Google & Facebook are becoming permissioned networks. All of this is being solved by the technology of Saito

HOW IS POW & POS GOING TO BE REPLACED?

The Saito blockchain pays most to the nodes that run user-facing network Infrastructure. These nodes sit on the network where users connect to them and also run commercial-grade access points for other blockchains. To maximize income, nodes compete to attract users providing routing services for transaction data that run on the “Saito Stack”, an open-source JavaScript client that runs applications that can interact with whatever blockchain of their choosing. Profits to access points depend on the value to users of the infrastructure they provide. The market adjusts the provision of infrastructure revenue automatically without the need for programmers to hardcode economic variables.
Just as proof-of-work incentivizes mining and proof-of-stake incentivizes staking, Saito incentivizes the running of open network infrastructure. Importantly, the consensus mechanism keeps it honest: companies cannot compete by blocking off access to transactions because nodes that hoard transaction flow incur less money than those that share transactions freely with peers. Nodes do not earn revenue by adding transactions to the blockchain rather by sharing transactions with peers. By paying for infrastructure without rewarding cheating or monopolization, Saito helps web3 blockchains and projects scale to service users and remain true to the goals of web3 design.

[Could you possibly imagine what they could be doing with your private data stored on these databases??]

Hey everyone!

Just wanted to introduce this new blockchain that I have stumbled upon which has definitely made the transition of web 2 to web 3 more attainable!  Introducing, Saito,  a network layer for Web3 that lets users run blockchain applications in browsers without plugins, private APIs, and non-open infrastructure.  With this being said, Saito eliminates how the traditional internet operates.
A brief example of this is how Facebook and Google create private databases to authenticate users and store their data. These companies restricted access to their private databases to force their users to use their websites and services.

Could you possibly imagine what they could be doing with your private data stored on these databases??

Saito will be changing the entire model leading up towards Web3  because users will be identified by cryptographic signatures. And to replace the centralization of private controlled databases, users will be publishing data onto public networks where anyone can download and use data.  The utilization of public networks allows anyone to write applications that compete on equal terms. There are no companies controlling who access the data. And there is no need for them since the transaction fees that users pay are supposed to cover the costs of running the network.


With Saito, we are one step closer to attaining a Web3 future