Bitcoin Forum
May 13, 2024, 01:55:38 PM *
News: Latest Bitcoin Core release: 27.0 [Torrent]
 
  Home Help Search Login Register More  
  Show Posts
Pages: [1] 2 3 »
1  Alternate cryptocurrencies / Tokens (Altcoins) / Genesis is approaching with Wisemont Capital on: August 24, 2022, 08:40:14 AM
Recently, the representative team of Genesis had an in-depth exchange discussion wiht  Wisemont Capital to discuss the new commercial concept of ”consumption is investment” and Wisemont Capital believes that Genesis meets the real needs and pain points of the market, and provides a full range of technical supportstechnologies for a broader commercial ecosystem.

Wisemont Capital is rooted in the two innovation centers of Silicon Valley and Seattle and foused  on the investment of first-tier enterprise projects in Silicon Valley. The investment fields include the Internet of Things, blockchain, artificial intelligence, B2B software, cloud technology, big data and etc.
2  Alternate cryptocurrencies / Tokens (Altcoins) / Multicoin Capital actively interacts with Genesis on: August 17, 2022, 10:03:13 AM
Recently, Multicoin Capital has been actively interacting with Genesis, Multicoin Capital express that they will choose a promising market before investing which regard as Genesis accurately meets their goals and is unique in the commercial field in the Public blockchains.

Founded in Austin, Texas in 2017, Multicoin Capital as one of the most successful investment institutions in the venture capital industry, foucus on investing in crpptocurrencies, blockchain tokens and early blockchain projects. The representative investment cases include Solana, Helium, The Graph and etc.
3  Alternate cryptocurrencies / Tokens (Altcoins) / Alpine Capital think Genesis as a visionary on: August 10, 2022, 08:01:23 AM
Alpine Capital expressed its commitment to working with a visionary and outstanding team and think that once a product built by a first-class team like Genesis effectively fits the market, there will be a high growth trajectory.

It is reported that Alpine Capital is a Boston-based global private equity investment firm with offices in Boston, Beijin and Singapore which focusing on investing in high growth technology companies in emerging markets.
4  Alternate cryptocurrencies / Tokens (Altcoins) / Polygon Ventures may be interested in partnering with Genesis on: August 05, 2022, 06:45:49 AM
Polygon Ventures, Ventures capital institution, intends to cooperate with Genesis and will provide Genesis with related financial and investment services.

Polygon Ventures think Web3.0 as the next generation of Internet is open and free and shows extremely interest in Web3.0 projects.

Genesis Public blockchains as the outstanding representative is providing a distribute underlying protocol for Web3.0 as support.
5  Alternate cryptocurrencies / Tokens (Altcoins) / Axis Ventures interacts closely with Genesis on: July 27, 2022, 07:56:06 AM
Genesis, a decentralized commercial metaverse platform, has recently attracted Axis Ventures. Axis Ventures expressed its appreciation for Genesis’s business logic and consensus mechanism, and considered it as a new innovation in the crypto industry.

Axis Ventures, a venture capital focuses on early-stage technology companies in fintech such as Web3, Gaming and Metaverse. Its strategic partners include KuCoin, AC Capital, Pixelverse, Kommunitas, FantomFDN and etc.
6  Alternate cryptocurrencies / Tokens (Altcoins) / Genesis Public Blockchain: Solidifying the Foundation for Web 3.0 Development on: July 19, 2022, 08:55:27 AM
In 2022, Web 3.0 received an unprecedented wave of attention and discussion. Unlike Web 3.0, in the static Web 1.0 era, users saw what internet platforms offered. In Web 2.0, everyone is a creator, and the internet content shows booming development. Users contribute traffic and data to internet platforms, but most have little access to value distribution.

The vision of Web 3.0 is to return the ownership and corresponding value distribution rights of digital content to creators and to return data and assets to ordinary users with the support of decentralized technologies such as blockchain.

What is Web 3.0?

Web 3.0 usually is a name for all the internet features and websites that the information in it can directly interact with the relevant information of other websites. It can integrate and use the information of multiple websites simultaneously through the third-party information platform. Users own their data on the internet and can use it on different websites. Web 3.0 applications are on a blockchain and a distributed network of numerous peer-to-peer nodes (servers) or a mixture of both.


Elements of Web 3.0

Just as an industry thrives on infrastructure, so does Web 3.0. Now, the infrastructure public blockchain, DAO, and Token mechanism of Web 3.0 are preliminarily systematized, and the public blockchain, as a cornerstone, plays a significant role in Web 3.0.

Public Blockchain: The Foundation of Web 3.0

The giant Web 3.0 spin-off is based on the development of blockchain technology. The core features of blockchain are decentralization and security compared to traditional networks, and the same is true of Web 3.0. A blockchain is a chain of interconnected blocks, each of which holds a certain amount of information and is connected in the chronological order of its creation. Each block contains the Hash value of the previous one to ensure precise join.

As a “completely decentralized” blockchain, the public blockchain has the characteristics of neutrality, openness, and non-tampering. As a foundation for Web 3.0, it provides a solid underlying design for developing a decentralized application ecosystem, lowering the barriers to application development. The first generation of public blockchains led by Bitcoin pioneered blockchains, the second generation led by Ethereum ushered in the era of smart contracts, and the third generation led by Genesis opened the gap in decentralized commerce.


Genesis: Representative Public Blockchain of Web 3.0

The Genesis public blockchain represents the development of blockchain technology to phase 3.0. As a blockchain, its essence is still a distributed accounting system. But unlike other blockchains, Genesis not only has the full performance of blockchains 1.0 and 2.0, but its consensus mechanism is no longer built solely around data, computation, virtual tokens, and other virtual elements of the chain. It is an innovative consensus mechanism built around the commercial elements carried by the public chain to determine the DPoC (Delegated Proof of Consumption), which can practice decentralization fairness, safety, and efficiency to a greater extent in the bookkeeping mechanism and commercial ecology.

Genesis also integrates cross-chain Bridges, heterogeneous composite chains, algorithmic stable tokens, and other technical performance and indicators to meet the needs of large-scale commerce, thus realizing the deep integration of decentralized finance and decentralized commerce, providing the underlying architecture and solutions for Web 3.0.


In the open, privatized, user-built, and experience-oriented Web 3.0 era, Genesis public blockchain hopes to help Web 3.0 build a new decentralized, value co-creation, and contribution allocation network, providing a technical base for data integration, resource flow, and value sharing for the Web 3.0 digital economy. It will enable traditional industries to transform and upgrade, give birth to new industries and models, and put data sovereignty in the hands of users to open large-scale applications.
7  Alternate cryptocurrencies / Tokens (Altcoins) / Genesis and BlueRun Ventures plan for further discussion on: July 15, 2022, 03:14:44 AM
The US represenptatives of Genesis have met the investment manager from BlueRun Ventures and conducted an in-depth discussion on the development prospects of the decentralized commerce.

 Founded in Silicon Valley in 1998, BlueRun Ventures is an early stage venture capital firm, focuses on seed and series A investments in key markets with a specialized focus on mobile, fintech and real time data systems. Its overall management scale currently exceeds1 billion dollars, and the successful investments include: PayPal, Waze, Topsy, Chomp, Slide etc.
8  Alternate cryptocurrencies / Tokens (Altcoins) / Huobi Ventures is approaching Genesis Chain on: July 04, 2022, 09:21:19 AM
Huobi Ventures showed great interest in Genesis Chain and recently in further contact with the representatives in Austin.

Huobi Ventures paid great attention to infrastructure projects. As the public blockchain in Decom, Genesis has done the excellent work filling the gap between blockchain technology and traditional business. Huobi seeks to support and nurture the development of core technologies in the blockchain industry.

Huobi Ventures is the global investment department of Huobi Group. It has four functions including strategic mergers and acquisitions,strategic investment,asset management and external cooperation, and manages multiple special funds.
9  Alternate cryptocurrencies / Tokens (Altcoins) / Genesis Chain attended Consensus 2022 with famous crypto investors in US on: June 23, 2022, 09:12:00 AM
Consensus 2022, the must-attend crypto&blockchain festival of the year was held in Austin, Texas, USA from June 9 to 12, 2022. Genesis Chain was invited to attend the conference as the representative of blockchain 3.0.

During the meeting, Genesis representatives had in-depth discussion with well-known crypto investors, members of DAO communities, and representitives of DEX , in the development of Genesis. Genesis DPoC consensus mechanism is highly regarded as a creative mechanism entering the DeCom world.
10  Alternate cryptocurrencies / Announcements (Altcoins) / Genesis to Attend Consensus 2022 on: June 07, 2022, 02:23:27 AM
Genesis Chain, the world’s first blockchain dedicated to creating decentralized commerce (DeCom), will be attending this year’s Consensus 2022 by CoinDesk, which will take place from June 9–12, 2022, in Austin, Texas.

This is the only festival covering all sides of blockchain, crypto, Web 3 and the metaverse. Hosted by CoinDesk, the most influential and trusted platform for the digital world, Consensus is the world’s biggest and longest-running crypto festival. Consensus 2022 will draw thousands of attendees, speakers, and sponsors from across the globe.

As the representative of Blockchain 3.0, Genesis Chain has been invited to participate in this conference with great significance. Genesis team will meet core members of Binance, FTX, BitGo, 1inch and other projects, and take part in discussing how blockchains can be combined with Big Data, the Internet of Things and Artificial Intelligence to better build Decentralized Commerce.
11  Alternate cryptocurrencies / Altcoin Discussion / Genesis Accelerates Blockchain Industry Development on: May 27, 2022, 02:57:00 AM
Blockchain provides a distributed, decentralized, transparent, traceable and tamper-evident architecture for recording transactions. Blockchain technology offers higher transaction accuracy and security than traditional databases, as well as the ability to conduct more efficient financial activities without the need for third-party intermediaries.

Despite the rapid development of the blockchain industry, it still faces many problems on how to land in the real economy.

Information Silo

Nowadays, all major public blockchains have their own ecosystems, but the assets and data are not well connected, which is similar to the lack of traffic between well-developed cities, thus forming a state in which major cities are well-developed but isolated from each other, and the whole blockchain industry is currently composed of large and small information silos.

Just like in the real world, only open trade can usher in great economic prosperity, the future of blockchain must not be a world composed of different information silos, but a big network that can link all. And that is exactly where Genesis strives for.

Genesis is designed from the beginning to be compatible and carry other protocols as the primary consideration. Genesis is compatible with data transmission between crypto assets, smart contracts and blockchain under different standards through its self-developed cross-chain bridge. Chain-to-chain interactions can be securely implemented in blockchains with different protocols, rules and governance models.

Genesis is compatible with crypto assets and smart contracts running on any blockchain. For example, when the flow of assets on BTC or ETH is congested or smart contracts are running slowly, Genesis cross-chain bridge technology can help to achieve high-speed asset flow and smart contract operation. The infrastructure of Genesis can be linked to all blockchains.

Limited Performance Scalability

TPS (Transactions Per Second), which is the number of things processed per second, represents the number of transactions that can be processed per second by a public blockchain. The larger the TPS, the more technical transactions the system completes per second. Therefore, TPS is usually used as the evaluation of the processing capacity of the system per unit time.

Genesis has proposed its own solution - "Heterogeneous Composite Chain Architecture" - on how to improve TPS when facing large demand. When Genesis main chain is overloaded with assets in circulation or smart contract operations, it will replicate a side chain with the same performance and use cross-chain bridge to interact, thus enabling unlimited expansion of Genesis.

At the same time, Genesis is written by the most efficient Rust language, and the underlying design allows Genesis TPS to reach 5000, which is 300 times faster than ETH, the representative of blockchain 2.0 era, and Genesis does not only stop there, but with the development of ecosystem demand TPS can be expanded to tens of thousands of TPS later. Such a whole set of logic makes Genesis more convenient and efficient to use, and provides developers with a robust and secure system that can be rapidly iterated.

Ecosystem Development Issues

In the previous blockchain design process, the development team needs to design a blockchain application first, and this process alone requires not only a team with expertise in various fields such as cryptography, distributed systems, and consensus mechanism, but also a certain amount of time and cost to polish and develop, but the emergence of Genesis brings a revolution to the blockchain ecosystem.

The solid underlying foundation of Genensis well solves the problems of project upgrade due to market changes and product demands, and will not lead to weakness of underlying support due to the explosion of ecosystem. Deployment on Genesis not only significantly reduces the time cost of development, capital cost and the difficulty of R&D, but also makes the process of a project from 0 to 1 easier and highly visible.

In the fast-changing blockchain field, "interconnection", "velocity" and "stability" are very important for the development of the ecosystem, which is also a very important step for the whole ecosystem to flourish. The solid underlying foundation of Genensis solves many problems caused by asymmetric information, product demand and market changes, and brings a good method to accelerate the development of blockchain industry.

Genesis explores a feasible path for the integration of technology and business ecosystem on the basis of solving traditional problems, which will have a positive impact on the development of the global blockchain industry on the ground.
12  Alternate cryptocurrencies / Altcoin Discussion / Genesis Public Blockchain Technology Features and Value on: May 20, 2022, 02:18:37 AM
Genesis is high-performance, scalable, configurable and secure, designed to develop application-specific, scalable iterative decentralized applications and complex digital assets. In fact, Genesis develops and updates various smart contract-focused projects to accelerate the blockchain space through rapid implementation. Meanwhile, with a transaction throughput of 5,000 transactions per second (TPS), Genesis is one of the public blockchain platforms worldwide that can confirm transactions in less than a second.

DPoC Consensus Mechanism

Genesis considers the value of consumption contribution as a core resource to encourage eco-participants to maintain transaction activity and transaction security (transaction qualification and transaction after-sales guarantee), and rewards consumption contributors according to the DPoC (Delegated Proof of Consumption) consensus mechanism.

Any account can be rewarded for its contribution through ecological participation, and Genesis feeds back the computing power according to the consumption contribution, and the computing power holder can become a node to compete directly for the bookkeeping rights and get the block reward, or be attached to a node to compete for the bookkeeping rights and get the block reward.

Technical Architecture

The technical architecture of Genesis is mainly divided into 7 layers: application layer, contract layer, incentive layer, consensus layer, network layer, data layer, and encryption layer.


Application Layer: Supporting various business applications meet the needs of the pan-business ecosystem of Genesis.

Contract Layer: Mechanisms and rules for determining the operation of public blockchain through virtual machines, application engines, smart contracts, etc.

Incentive Layer: Eco-participants of Genesis are rewarded with corresponding mining, rewards, voting, community incentives, etc.

Consensus Layer: Transactions as well as contributions based on the pan-business ecosystem of Genesis are fed back as computing power, using the DPoC consensus mechanism.

Network Layer: A P2P network linking various sections of the Genesis pan-business ecosystem and ensuring the security of the network and its sub-networks.

Data Layer: Mainly used to store block data, including transaction data, block height, previous block hash, current block hash, and timestamp.

Encryption Layer: To make public blockchain achieve data security immutable and irreversible, encryption and signature technologies are used, including hash function, Merkle tree, asymmetric cryptography, etc.

Token Utility

GS is the value and equity token of Genesis ecosystem, which adopts "deflationary dynamic supply mechanism" to calculate token yield in real time by multiplying the floating factor based on the actual business demand model above the exponential decay baseline.

The use scenarios of GS in Genesis ecosystem are focused on four areas: business ecosyestem, tokenomics, asset trading, and DAOs, including margin pledge, consumption reward, token issuance, technology export, crypto trading, reward and punishment to network nodes, community voting and etc.

Application Value

Genesis is committed to building a decentralized commerce (DeCom) ecosystem, and is about to become an even greater windfall after decentralized finance (DeFi). Since then, blockchain will officially kick off the change of production relations, and the characteristics of this business form are: the combination of efficient commerce and trusted commerce.

In addition, Genesis will also be given full play in the fields of e-commerce industry, product traceability, supply chain finance, logistics system, IOT ecology, on-chain assets , data processing (TPS), as well as consumer entertainment and crypto trading. The basic functions such as payment, consumption, cryptocurrency, product anti-counterfeiting, and commodity confirmation are to be optimized.
13  Alternate cryptocurrencies / Announcements (Altcoins) / Genesis Revolutionizes Scalability on: May 13, 2022, 03:45:13 AM
From the initial Bitcoin, Ethereum, DeFi, NFT, Metaverse to this year's Web 3.0, new things are emerging in the blockchain industry, and more and more users and enterprises are getting involved, so the blockchain development wave is unstoppable。

However, with the growth of blockchain ecosystem and application, there are more and more operations on the chain, and congestion has evolved from a "small problem" to a "big pain point", which is holding back the development of the whole blockchain.

If the future is to use blockchain to build a value network, it should be able to perform at least as fast as the current real-time data processing speed of the entire Internet information, including 2 million emails per second, 65,000 Google searches, 72,000 Youtube videos, and so on.

However, currently, Bitcoin can only process about 7 transactions per second and Ethereum can process around 15 transactions per second. Although some public blockchains in recent years have improved their performance over the previous ones, there is no single blockchain that can accommodate all the ecological applications by itself.

Therefore, although more and more blockchains are getting better and better set up, they have become "information silos", isolated from each other. If these chains can be interconnected, then not only the on-chain scaling can be more ideal, but also the development of the whole blockchain can be greatly promoted.

In order to achieve asset flow, information interoperability and application collaboration between different blockchain platforms, cross-chain technology was born. Twitter's Lightning Network, which supports the "bitcoin payment" reward function, is one of the applications of cross-chain technology, improving the transaction speed and usefulness of the bitcoin network.

Genesis is focused on improving information processing performance, working to unblock congestion and reduce Gas effort, and paving the way for Web 3.0 infrastructure and the massive data transfers of the future metaverse. It strives to achieve speed and scalability improvements, resulting in a high-speed, stable, low-Gas-fee public blockchain.

This means that in Genesis, different blockchains on different protocols and blockchains on other networks can view, access and share information with each other, breaking the information "silos" between different blockchains, achieving interoperability between different blockchains, and accommodating most of the ecological applications to some extent.

Each protocol in the Genesis ecosystem stores different types of data and transaction information, and the interoperability of Genesis system enables blockchain users to share and access their data across platforms, protocols, and the entire network. interoperate across the entire network.

In addition Genesis ecosystem was developed before the Genesis team was well aware of the need for its system to achieve faster speeds and greater scale. Therefore development studies were conducted specifically to address issues such as speed and scaling to ensure global adoption by individuals, governments and international organizations, to facilitate the practical application of public blockchains.

The evolution of the blockchain scalability upgrade is fascinating, and Genesis gives us a technical template in terms of decentralized scalability, so let's wait and see the revolutionary enhancements it brings!
14  Alternate cryptocurrencies / Altcoin Discussion / Genesis Explores Balancing Blockchain's Impossible Triangle on: April 28, 2022, 02:17:03 AM
In a short span of 10 years, blockchain has gained global recognition and is widely used based on the fact that the underlying technologies it incorporates are all very mature.

The basic technologies of blockchain include hash computing, digital signatures, P2P networks, consensus algorithms, and smart contracts. However, even if these mature technologies are fused in blockchain, it is difficult to avoid the problem of "impossible triangle" which is "inherent".

The "impossible triangle" of blockchain refers to the inability to meet the three characteristics of decentralization, security and scalability at the same time.

Decentralization: A blockchain can operate without relying on any trust from a small group of large centralized players.

Security: A blockchain can resist attacks being launched against it from a large portion of the participating nodes.

Scalability: A blockchain can handle more transactions than a single conventional node can verify.

No project in the design of a blockchain can satisfy all three of these characteristics at the same time; being able to satisfy two of them is considered excellent. Almost all blockchain projects suffer from the "impossible triangle" problem. Likewise, almost all blockchain projects are constantly seeking to break out of this conundrum as they evolve.

Bitcoin sacrifices performance characteristics to meet the design requirements of decentralization and security; Ethereum optimizes "scalability" through PoS consensus and sharding technology; Genesis development team optimizes for decentralization and high TPS to solve the scalability problem. Consensus mechanisms are optimized at the protocol layer to enhance security, and smart contracts are optimized at the application layer to improve business flexibility and convenience.

In addition, Genesis cross-chain technology can connect to mainstream public blockchains (Bitcoin, Ethereum, etc.) and complete asset exchange without changing the original blockchain mechanism. It can realize the functions of transferring digital assets from the original blockchain to Genesis, transferring them back to the original blockchain from Genesis, and trading multiple assets on Genesis to ensure the security of cross-chain trading assets and the stability of cross-chain trading services.

It is almost impossible for blockchain to be completely efficient, secure and decentralized at the same time, but the three can give way to each other to achieve a certain degree of balance. Genesis explores balancing the relationship between the Impossible Triangle and optimizing each part from the perspective of user requirements.
15  Alternate cryptocurrencies / Announcements (Altcoins) / Genesis - Build the Metaverse Underlying Infrastructure on: April 22, 2022, 02:31:53 AM
The way people communicate and connect with each other over the web has iteratively upgraded with the evolving technology. From Web 1.0 to Web 3.0, from single text content to the upcoming metaverse, technological advances have had a huge impact on our daily life.

The concept of metaverse seems to have entered the mainstream public's view overnight. Metaverse is like a big integration, including 5G communication, extended reality (such as AR, VR, MR), AI, Internet of Things, blockchain, big data, cloud computing, wearable devices and other underlying technologies tend to mature and move towards application. The integration of these technologies makes the creation of metaverse possible and necessary.

Blockchain technology, as kind of "anti-counterfeiting" technology, provides the most basic big data support for the upcoming metaverse system. Without the blockchain's tamper-proof technology, metaverse cannot be realized, and Genesis is constructing the most elemental technical infrastructure.

Genesis is committed to creating business metaverse by underlying infrastructure to carry Internet-level large-scale applications and become a bridge linking the physical business world and the digital world.

The future must not be a single-chain world, and this has gradually become the consensus of the blockchain industry in recent years. Genesis can well undertake the overflow of the current blockchain ecosystems and achieve its own breakthrough in niche area.

Compared with other public blockchains, Genesis takes into account the needs of traditional financial attributes and provides users with extremely high TPS. At the same time, Genesis protocol is designed with very strict assumptions, taking more attack possibilities into account (such as DDoS attacks on nodes at the network level), providing a stronger security guarantee. In terms of underlying optimization, different solutions are adopted according to different application types. From the design of the underlying code to the optimization, Genesis achieves both security and anonymity of decentralized transactions and meets the demand of high-frequency transactions in various scenarios.

This is the key part of Genesis to build metaverse ecosystem, allowing a series of interconnected virtual worlds to interact with each other. Genesis, as the world's public blockchain 3.0, has completely independent intellectual property rights. When data monopoly, data barriers and other drawbacks are restricting the development of Web2.0, Genesis can support metaverse and Web3.0 on a large scale platform, release the capacity of AR, VR, AI and other related digital information industries, and provide the underlying technical support for the digital economy to move to the next era.
16  Alternate cryptocurrencies / Announcements (Altcoins) / Genesis Gives New Vitality to DAO on: April 21, 2022, 01:31:45 AM
The history of the evolution of the crypto world is like a history of buzzword rotation. In the past year, concepts such as DeFi, NFT, GameFi, cross-chain and metaverse have emerged and faded from the center of the conversation. Now, it’s time for DAO.

DAO is the abbreviation of Decentralized Autonomous Corporation. Due to the decentralized nature of blockchain, there is no single individual or organization that can decide the policies of each blockchain, but a DAO composed of all users who hold governance tokens to make decisions together.

Genesis makes it meaningful for users who participate in DAOs. Genesis breaks through the cross-chain technology barrier and realizes the world's first public blockchain combined with a commercial entity. Since the goal of Genesisis is to promote decentralized cross-chain interaction, including decentralized cross-chain asset trading and future cross-chain project cooperation. So unlike previous DAOs that can only support one project, Genesis can help the development of the whole blockchain industry back to the original intention of decentralization.

Genesis enables users to participate in governance decisions in a more equal, free and flexible way, giving them the right to participate in all aspects of the decision, while providing maximum feedback to the community as a whole.

For Genesis, it is in the interest of most people to evolve towards a DAO compared to a centralized platform. The process and results of each decision from initiation, discussion, to voting are publicly recorded and traceable. Genesis is conducive to strengthening community consensus, increasing user activity, and making the decision-making process more transparent, secure, and decentralized.

In the coming years, the prospect of DAO will gain more and more attention and may even disrupt the form of social organization. As a project that exists for the development of a global sharing ecosystem, Genesis opens up a new paradigm of democratic governance and organizational coordination for people with similar interests and values, and injects a steady stream of momentum into the development of Web 3.0 and even the metaverse.

Now, Genesis has entered a brand new era, let's follow it and look forward to a more decentralized future.
17  Alternate cryptocurrencies / Announcements (Altcoins) / Genesis to Break Down the Blockchain Silo on: April 15, 2022, 02:30:59 AM
Nowadays, the cross-chain demand for user transactions, cryptocurrencies and native assets is growing with the rapid economic development. And issues such as transaction security and user privacy are also in the spotlight.

Although people can exchange information and value in the Web 2.0 era, it comes with temporary convenience and high intermediary costs, as well as other issues regarding misuse of user information and privacy.

In the Web 3.0 era, users can flexibly deal with value and information through the use of blockchain and AI technology, and Genesis is one of the leaders.

Genesis, as the world's first cross-chain ecosystem applied to the real business field, creatively connects different blockchains together, breaks down silo effect of blockchains, realizes interoperability of cryptos among various blockchains, and promotes global internet of blockchains.

At the same time, Genesis is building an open cross-chain operating system to connect different blockchains, providing a decentralized, traceable and DAO system, and bringing users a more secure experience in DeFi, NFT, cross-chain, DApp, Swap, etc.

Genesis represents not only the technology revolution, but also a sign of progress of the times. It solves many application problems, such as delay in cross-chain transactions, dead loop in the target chain, fork issues in the target chain, and the security problems in cross-chain bridge.

Genesis was born to support cross-chain interaction of all mainstream blockchains and create seamless decentralized transactions between cryptocurrencies through superior technology, which can be seen as a Web3.0 economy leader.

A series of superior technologies of Genesis will also lay the cornerstone for the development of the whole blockchain industry and even the global digital economy. We will see the future is an era with high-tech and more security. Let's use technology to change the future and change the world.
18  Alternate cryptocurrencies / Announcements (Altcoins) / Top Web 3.0 Infrastructure_Distinguished Genesis Public Blockchain on: April 14, 2022, 02:03:45 AM
Web 1.0, the first generation of the Internet, was primarily an online medium where users could visit websites and browse content, though they could only read and not write, and had no way to participate in content creation.

But people need to interact, to communicate with others, however Web 1.0 was a static website, so Web 2.0 was born, the interactive Internet, whose main applications are social networking and e-commerce.

Web 2.0 allows people the freedom to create all kinds of content. However, people must rely on a certain platform or medium when creating these contents and operating on them. Although the platform only provides a channel, but all transaction records, chat records and more private informations belong to the platform, while the actual creators of these contents cannot enjoy the related rights and interests.

New Technologies For Open and Decentralized Web 3.0 Era

With the full explosion of new technologies and business models in the blockchain field such as DeFi, NFT and Metaverse, more and more people are getting involved in the discussion of decentralization, virtual identity and cryptocurrency, which has also ignited the public's expectation of Web3.0 in the same way.

Web3.0 opens up a new Internet world of automation and intelligence. Web3.0 makes content not only simple data, but also digital assets that truly belong to users. Returning ownership of data to the user, allowing the user to control the data independently, and achieving data interoperability under the premise of security is the core concept of Web3.0.

Of course, the popularity of Web3.0 cannot be separated from the disruptive changes brought by the development of blockchain, artificial intelligence, virtual reality and a series of other technologies, and the topic of metaverse is promoting the development and integration of various technologies. Web 3.0 shall be an important support for the metaverse to realize its open and decentralized nature.

Web3.0 Representative_Genesis
At present, there are many Web3.0 projects that are building good structure and creating real value, just like Genesis, the only cross-chain public blockchain with landed applications, are down to earth on technics and keep moving forward on its ecosystem.

Genesis, as the world's first cross-chain ecosystem applied to finance, metaverse and other fields, connects blockchains together, realizes interoperability of digital assets between heterogeneous chains, and is instrumental in promoting the global internet of blockchains.
Based on Web3.0, Genesis provides a perfect infrastructure for blockchain industry and other traditional industries through cross-chain technology. Genesis is leading its community members to realize interconnection and interoperability between all blockchains and values, and to stay on the tide of Web3.0 economy.
19  Alternate cryptocurrencies / Announcements (Altcoins) / Genesis to Create A Fully Intelligent Digital World on: April 07, 2022, 02:24:51 AM
Cloud computing, artificial intelligence have brought productivity gains, and big data has made the distribution of productive materials more efficient. Furthermore, blockchain is transforming the relations of production. Blockchain technology is leapfrogging industries by addressing challenges in infrastructure, energy, bulk trading and real estate and developing sustainable solutions that reduce costs.

As the world's first public blockchain to converge the business and finance, Genesis features advanced technology, low latency, high TPS, high scalability, high potential and ultra-reliability. Based on blockchain distributed storage encryption technology, it realises an industry-autonomous credit market, breaks the problems of transactions and information lag, ensures privacy and security, and is fully traceable, which fully embodies the characteristics of regulation-friendly, global collaboration, real-time transactions, fairness and transparency.

The digital assets on Genesis will cover all industries and form a huge asset value network. Based on this shared database, all participants can greatly simplify the docking process, reduce customer acquisition costs and improve the circulation efficiency of assets. The business opportunities arising from the exchange of value will expand indefinitely.

IoT Applications
The data is chained from the very source on Genesis, to build a healthier and safer IoT ecosystem, which can play a huge role in various aspects such as intelligent industry, intelligent agriculture, intelligent city, intelligent transportation, intelligent education, intelligent life, intelligent education and intelligent medical care.

Financial Applications
Genesis to achieve overall blockchains, mainly including cryptocurrency, payment clearing, digital notes, cross-border payment and settlement, asset securitization, supply chain finance, bank credit, loan business, asset transfer and equity trading, KYC information transfer and other specific scenarios, the current development of the national digital asset exchange of the Republic of Ghana is a practical implementation.

Retailing Applications
Powered by Genesis, the on-chain mall will replace the traditional e-commerce model, improving the way the platform used to make huge profits and kidnap consumers and merchants, so that both customers and shops can get rewards from consumption. It can also create a better business model by developing multiple strategies to improve the customer experience and optimise the industry layout.

Business Intelligence Applications
Genesis can be used to give new value to industries such as the Internet of Things, real estate, artificial intelligence, vehicle-to-everything and etc. Genesis will deepen cooperation with top research institutions in various countries to provide solutions for business intelligence networking and other applications to achieve a secure and trustworthy "one click on-chain".

Genesis Future Value
Genesis creates a transparent, convenient, efficient and secure borderless ecosystem and builds a trustworthy business infrastructure for a intelligent digital society. In the future, Genesis will help more countries around the world to transform to digital business and welcome the explosion of value added by digital assets and public blockchain ecosystem!
20  Alternate cryptocurrencies / Altcoin Discussion / Genesis News_GC(USD) for Land and Property Transactions in West Africa on: March 29, 2022, 02:30:20 AM
GC(USD), the stablecoin on Genesis, is an important hub for crypto trading on the national crypto exchange of the Republic of Ghana. In addition to anchoring the commodity trade settlement system, it will be an important way to carry future real estate and land transactions in the West African country. GC, as a current digital asset, is also relatively free and has the following main characteristics.

1.Wide Circulation
It can be widely circulated around the world and can be traded by anyone, no matter where they are.
 
2. Exclusive Ownership
GC has an exclusive private key, which can be isolated and kept in the storage medium, and no one can access it except the user himself.
 
3. Low Transaction Fees
Each transaction on-chain has a very low fee, encouraging more people to participate to ensure faster execution of transactions.
 
More countries are about to use Genesis public blockchain technology to have purchase contracts and real estate certificates “on-chain”, which will not only simplify the process of signing and notarising, but also make it easy to trace and check real estate certificates afterwards. The entire property market will also become freer to circulate.

The use of GC(USD) to buy property and land is just the beginning. In the near future, Genesis  will have a huge impact on the global real estate model. The token economy, in turn, will also become more imaginative with the development of blockchain technology.
Pages: [1] 2 3 »
Powered by MySQL Powered by PHP Powered by SMF 1.1.19 | SMF © 2006-2009, Simple Machines Valid XHTML 1.0! Valid CSS!