DEV Community: blockchainsharing

Caduceus Metaverse blockchain with decentralized rendering and edge cloud computing ends Hackathon

blockchainsharing — Fri, 01 Apr 2022 03:58:06 +0000

Caduceus, the world’s first blockchain protocol designed to provide the building blocks of the metaverse, announces the successful completion of their first hackathon – and announces they will launch their second on Sunday, March 27.

Caduceus is the metaverse blockchain protocol with Decentralised Rendering and Edge Cloud Computing which will provide the essential infrastructure layer of web3.

The first hackathon has now been completed and no exploits of the RPC Caduceus blockchain API were found. Some minor infrastructure security issues were discovered by two Cadets – members of the Caduceus community who are working with the development team to build the tools that will enable the dreams of the metaverse to become the realities of many.

Co-Founder and Head of Technology & Development, Matt McGuire, says: “We’re delighted to see how the Cadets responded to our call out to join us in the first hackathon and now we’re looking for a deeper exploration and penetration of the blockchain tech and tools.”

“For that reason, we are looking to engage a wider audience with even deeper technical skills to tackle and hack wider parts of the blockchain technical setup and infrastructure. We’re asking developers to investigate and hack the blockchain system and functions – to focus on exploiting the Caduceus RPC server for system vulnerabilities and Web3 JSON RPC APIs, and also allow complete API scope to find exploitations.”

Caduceus is developing a suite of developer toolkits and hardware solutions that create a rich environment for metaverse development enabling the building, financing, and cross-chain portability of 3D worlds and digital assets from metaverse to metaverse – all from a decentralized, fully modular, open access blockchain with lower transaction costs, higher speeds, and greater security than any other public blockchain.

“Caduceus will become a place to meet, play, create, transact and participate in everything the metaverse has to offer,” continues McGuire. “We are proud to offer this opportunity for Cadets to get involved who share our vision of creating the tools today to build tomorrow’s virtual world.”

*About Caduceus *
Caduceus is the home of the future, the provider of the building blocks of the metaverse, and the enabler of the digital world where the dreams of science fiction become the realities of many.

Caduceus is an infrastructure-level open blockchain platform specially built for the metaverse and the decentralized digital world. Caduceus utilizes decentralized Rendering and Edge Computing along with XR extended-reality technology to bring developers, creators, and users an unrivaled metaverse experience.

Founded and developed by a group of international investors and blockchain experts, Caduceus has brought together a range of talent to oversee this ambitious project.

To learn more about Caduceus, visit:

Original Post: https://ambcrypto.com/caduceus-the-new-blockchain-and-metaverse-protocol-completes-its-first-hackathon/

[SHARING] Caduceus Testnet Trial Event

blockchainsharing — Mon, 14 Feb 2022 03:47:32 +0000

Caduceus is the world’s first metaverse blockchain, evolving open-source software and smart contracts; enabling tokenisation, DeFi, NFTs and GameFi. Performance, speed and security are at the core of the ecosystem, with an emphasis on empowering developers and the wider community to build, create and connect. Head to the newly launched testnet to experience the network environment now.

A chance to win in three easy steps: register, try it, and submit

1. Register
Fill in the form

2. Complete the testnet trial
Check out our helpful tutorials, then try out the testnet

• Testnet link: https://dev.caduceus.foundation/testNetwork/

• Caduceus IDE link: https://ide.caduceus.foundation

• Video tutorial: https://youtu.be/f4fcc9OjdeY

• Developer documentation: https://dev.caduceus.foundation/

• Official Demo Link : Official Demo (Contract and dApp)

https://github.com/CaduceusMetaverseProtocol/demo-dapps
https://github.com/CaduceusMetaverseProtocol/demo-contracts

3. Submit
Complete your trial, click the link https://forms.gle/V1M996KnUmaFeGRS8 and fill in the details.

Rewards
a. Complete your trial and share your thoughts (written or video):
• 10 x 1000 CMP1
• 20 x 500 CMP1
• 30 x 200 CMP1

b. Or, complete your trial, write a technical article and publish it on a tech blog/forum:
• 20 x 500 CMP1

Rewards actioned one week after event closing date

Please note, CMP1 is a Caduceus futures token. When CMP is listed on the first exchange (dex/cex), we’ll announce the conversion ratio and convert CMP1 to CMP

Event dates

• Registration: 11 February 2022 (00:00 GMT)

• Registration deadline: 18 February 2022 (23:59 GMT)

• Event ends: 25 February 2022 (23:59 GMT)

Terms & Conditions

• Event ends 25 February 2022 (23:59 GMT)

• The organiser requires one week from event end date to verify and distribute rewards

• Failing to fill in the Google Form will cause disqualification from the event

• Exiting the Discord group before 4 March 2022 will cause disqualification from the event

Win up to USD $10,000! Caduceus Bug Bounty Challenge

blockchainsharing — Fri, 31 Dec 2021 04:38:24 +0000

Caduceus has just entered its public testing phase and is launching this hackathon to identify bugs.

Click to register: https://bit.ly/CaduceusBugBountyChallenge

The Metaverse Blockchain

Caduceus evolves the open-source software paradigm by implementing blockchain alongside its rich library of components — this facilitates the building of highly performant Metaverse infrastructure that is trustworthy, efficient, secure, and dependable.

Caduceus represents a breakthrough in metaverse development, and revolutionizes the use of a multi-level, distributed Metaverse Graph structure, with unlimited expansion and large-scale parallel processing capabilities beyond the data structure of ordinary blockchains.

With BigBang’s programmable acceleration blockchain consensus system, StarRing’s transaction parallel execution engine, and Nebula’s unlimited expansion of the block database, Caduceus is capable of maximum processing capacity in highly concurrent and complex environments.

It will help end-users supplement local computing power, improve processing efficiency, and reduce the risk of network delay and congestion by adopting an open platform close to the data source.

The Metaverse requires high synchronization, low latency, and rapid transmission of large amounts of data; Caduceus makes all of this accessible in the public chain, with the potential for it to become the core infrastructure of all future metaverses.

Read more about the Caduceus blockchain here:
https://caduceus.foundation/

Caduceus Bug Bounty Challenge

Caduceus has just entered its public testing phase and is launching this hackathon via Taikai to identify bugs. The focus is on security testing, network security, blockchain data, funds, account security, and related topics.

Specific Challenge

Caduceus has opened a single RPC API for ‘black box’ testing to determine any potential security or workflow exploits. The challenge is to identify if anything can be found that can disrupt the input / output flow of data with this RPC API and even the data integrity itself.

Bug Submission Criteria

Caduceus will evaluate any bug submission reports by the following standards:

The impact of a security breach
The cause of the security breach
Whether or not the person who reports the bug suggests a solution to the bug or helps in its resolution
The process through which the bug was discovered
API Access and Documentation for Participants
The API endpoint that Caduceus has opened to the testing participants is a POST URL: rpc.block.caduceus.global

The public documentation of what this API is allowed to do is can be found here: dev.caduceus.foundation/enDoc/chain-api-eth..

You can find additional development documentation on the Caduceus blockchain: here Challenge Participation

Anyone can participate in the challenge. We welcome all.

Timeline

Registration starts: 27 Dec
Registration closes: 23 Jan
Voting begins: 24 Jan
Winner announced: 31 Jan
Challenge Rules

Anyone registering for the Caduceus Bug Bounty Challenge agrees to abide by the following rules:

Do not commit privacy violations, destruction of data, interruption, or degradation of our businesses, including Denial of Services (DoS) attacks
Do not exploit the vulnerability in any way, including through making it public or by obtaining a profit (other than a reward under this program)
Do not publicly disclose any vulnerabilities without our consent. Caduceus will not approve Public Disclosure requests until the vulnerability has been resolved
Do not attempt non-technical attacks such as social engineering, phishing, or physical attacks against our employees, users, or infrastructure
Do not use scanners or automated tools to find vulnerabilities. They are noisy and we may ban your IP address
Submit only one vulnerability per entry unless you need to chain vulnerabilities to provide impact regarding any of them
In case of duplicate reports of a specific vulnerability, only the first report is eligible for a reward

Reward System The judging panel will evaluate each bug submission and reward eligible entries accordingly:

Low (0.1–3.9): USD $100 — $800
Medium (4.0–6.9): USD $800 — $1,500
High (7.0–8.9): USD $2,000 — $5,000
Critical (9.0–10.0): USD $5,000 — $10,000

Happy bug hunting!

Join the Caduceus Bug Bounty Challenge, find bugs, and win 100-10,000 USD rewards

To register: https://bit.ly/CaduceusBugBountyChallenge

For more information: https://caduceus.foundation

Discord: https://discord.com/invite/ztygXMtr3d

Twitter: https://twitter.com/Caduceus_CMP

Telegram: https://t.me/CaduceusMetaverseProtocol

Facebook: https://facebook.com/CaduceusMetaverseProtocol

Medium: https://caduceusmetaverseprotocol.medium.com

Email: info@caduceus.foundation

From Reality to Metaverse, it will drive a series of commercial and technological booms?

blockchainsharing — Sat, 23 Oct 2021 07:32:28 +0000

From Reality to Metaverse, it will drive a series of commercial and technological booms?

The metaverse is accelerating into people’s view, and people who are optimistic about it call it the “next-generation Internet.” Many technology companies are looking to be the first to take advantage of this opportunity, and the metaverse is gaining popularity in Google searches.

The metaverse still faces many challenges, including intellectual property disputes, data protection, privacy concerns, existing laws, appropriate currencies, and payment systems, challenges with existing technologies, and low public acceptance. However, the metaverse will bring unprecedented opportunities to the world, including a continuously growing market, new business models, better virtual experiences for users, and breakthroughs in related technologies.

The metaverse brings new business models, and Fortnite (Fortnite) provides an exciting example of a company giving up control of its intellectual property. After Fortnite introduced some of the hottest character skins of the moment, many players immediately logged into the game and spent in-game currency to purchase the skins.

Fortnite gave up control of its intellectual property, which many companies found incredible. For Marvel Comics, DC Comics, Nike, and other IP majors, giving up control was hard for them to accept. But by giving up control, players can trade through the secondary marketplace operated by Fortnite, and Fortnite is collecting fees from it, the revenue from which is immeasurable and can be said to have opened up a new business model.

Metaverse is considered a game + virtual social world, so the construction and development of the meta-universe can not be separated from the solid technical support. The technology cluster supporting the metaverse mainly includes five segments: network and arithmetic technology, artificial intelligence, video game technology (the game engine that supports the program code and resources of the game), display technology (VR/AR/XR devices), and blockchain technology.

The metaverse needs robust technologies to support it. Most of the above technologies are in the development or budding stage, and there is still a long way to go before they are actually applied on the ground. At present, there is a blockchain project called Caduceus in the market, which claims to be “an infrastructure for the metaverse world,” and we can pay attention to it. Its project concept focuses on building new infrastructure with high performance, high trustworthiness, and high security to efficiently and accurately solve users’ needs for blockchain implementation differences.

The Caduceus is prepared to help metaverse participants around the world lower the barrier of entry under the basis of providing a highly liberalized construction for the metaverse ecosystem and, at the same time, leveraging its advantages in VR/XR and other visuals to enhance technologies to bring the market a metaverse experience closer to the ideal state and promote the market’s imagination related to the metaverse and virtual reality.

Of course, there is still a long way to go before the construction and development of the meta-universe can make people fully immersed in the virtual world if they want a breakthrough. Whether the metaverse will come or not, people’s continued enthusiasm for it will drive a series of commercial and technological booms.

If you interested Caduceus, follow Caduceus on Twitter @CaduceusChain https://twitter.com/CaduceusChain

Blockchain Game + Horse Racing, Explaining the Background and Value of MetaRace

blockchainsharing — Fri, 15 Oct 2021 09:16:46 +0000

Blockchain Game + Horse Racing, Explaining the Background and Value of MetaRace

MetaRace is a game developed based on horse racing, the world's oldest competitive activity, and blockchain technology.

Previously it wasn't easy to think that horse racing, a competitive activity, would be turned into a blockchain game. It has already attracted strong attention, and many people are waiting for the release of this game. Of course, because horse racing has a long history and is exceptionally well known worldwide, it will be an up-and-coming project as far as the popularity of blockchain games is concerned. This article will introduce the origin of horse racing in the blockchain game market and the new value created by playing blockchain games.

When it comes to horse racing, the countries and regions where horse racing is well developed are the United Kingdom, France, the United States, Germany, Ireland, Italy, Australia, Japan, China, etc. For example, in the United States alone, more than 100,000 horse races are held each year, with 90 million spectators, and the amount of horse tickets sold alone is as much as $12 billion.
In addition, for such a fierce market, its value also appears in collectibles. Items related to horse racing, including the racehorses themselves, the equipment or accessories used to tame them, and even the clothing and helmets worn by jockeys, are traded in many different places and at very high prices. The auction price for a thoroughbred racehorse can even run into millions of dollars, and there is no market for it!

Sheikh Mohammad Bin Rashid Al Maktoum, the King (Ruler) of Dubai, is known for his love of horses, having founded the Dubai Racing World Cup, one of the world's luxury events. The helmet he wore to win the World Equestrian Endurance Championship in 2012 fetched a whopping $6.5 million, along with the saddle used by Dubai's Crown Prince Hamdan bin Mohammed Al Maktoum to win the 2014 World Equestrian Games in Normandy, which fetched $655,000.
Why are these related items expensive? One could say that NFT already exists in reality. If it's a helmet used by a famous competitor, this is certainly something unique, and it's still easy to understand the value of the uniqueness attached to it. Also, in this regard, the idea of NFT used in blockchain games and the idea of horse racing race branding can be the same.

The reason for horse racing to enter the blockchain game market is not only because the perception of the asset is the same. In other words, the expansion of business such as betting derived from horse racing is also an essential factor in entering this market. As far as the points of horse racing association, asset authentication, and race expansion business are concerned, there is no doubt that blockchain gaming is the best solution. It is no exaggeration to say that blockchain gaming is at the forefront of the times. Horse racing challenges this new frontier will be a significant event.
MetaRace will create new value in horse racing through NFT.

MetaRace's blockchain game, will use ERC-721 and ERC-20 standard non-substitutable and substitutable tokens, respectively, to underpin the economic model. Its gameplay consists of three main components: collecting, racing, and betting. The core of collecting is acquiring and trading rare virtual items, including horses, jockeys, and accessories. Racing will be a gameplay experience similar to a traditional horse racing game. Players will bring their collections (horses, jockeys, decorations) to races and reap great rewards. The betting game is a way of playing for casual players, who do not need to train the horses and race but only need to analyze the comprehensive data of each participating horse through the data watcher and choose to bet for profit.

As mentioned above, this is a prevalent race that has fans all over the world. If you are a fan, you will want to own horse racing-related items. But that's not a very simple amount to come up. However, if it could be circulated in the market as an asset on the blockchain, it would be easy to get collectibles with the same value as the existing items. In this way, many fans could have their unique racehorse in the world. It would create an experience that would enable people to acquire expensive items.

Learn more about MetaRace? Come on, join with me

Let's follow twitter.com/caduceusChain
Let's join MetaRace Discord https://bit.ly/MetaRaceDiscordServer

How to go beyond than Ethereum? Metaverse is the most precise next bend

blockchainsharing — Thu, 30 Sep 2021 11:12:01 +0000

The metaverse has been described as another significant change in human social civilization. With it, the concept of NFT has exploded because the consensus is that “NFT is the best entry point for the practical application of metaverse.”

I am speaking of the correlation between NFT and Ether. The current consensus is that there are only two kinds of NFT in the market, one is building on Ethereum, and the other is building on different blockchains. However, the recognition of NFT on other chains is not high at present, which means that if NFT is the entry point of the metaverse and a large number of NFT are issued on the Ethereum, then there is an excellent possibility that the bearing logic and the underlying layer of metaverse will be on the Ethereum blockchain in the future or on the Ethereum sidechain. And Ethereum has captured the explosive growth point of the whole NFT industry. It seems that Ether has a head start and only needs to wait for the right time.

Will Ethereum be the only one, and other public chains will have no chance?

In the past month, NFT has brought significant increment to ETH, and there are many hot NFT projects, just as ETH upgraded EIP-1559 and destroyed a lot of ETH fees in the process of grabbing NFT and issuing, which has significantly surpassed the head DeFi protocol, in this case, ETH captured the value of NFT.

It is easy to see that after the fame of the public chain of Ether, it is almost always the result of complementary capture to the new economic model because the final value of the public chain will only feedback to the price when the users get the real return in the economy. Even if other public chains are more vital than Ethereum in infrastructure construction, performance marking, and cross-chain interoperability, it is still hard to surpass Ethereum. Therefore, if you want to win in public chains, you can only start from the development logic, the ability of value, and the economic model to form a differentiated competitive advantage. So, how to quickly use the above benefits to stand out in the fierce market competition?

As we mentioned above, the main reason for the success of the Ethereum public chain is value capture. So, there is only one chance to overtake the competition: to capture the value of the metaverse before Ethereum “picks the fruit”! The metaverse concept is comprehensive and long-term, and it may be a significant change in human social civilization. People’s communication and life may be carried out in the metaverse in the future. It can be said that whichever public chain can capture the value of the metaverse will become the “Ethereum killer” in the future.

The Caduceus is an infrastructure-level open blockchain platform specially built for metaverse and decentralized digital world, which aims to provide a highly adaptable and liberal construction foundation for the metaverse ecosystem, lower the threshold for participants to enter the metaverse, and at the same time, bring the market closer to the ideal state with its advantages in VR and other visual enhancement technologies. Bring a metaverse experience closer to the perfect condition for the market.

Caduceus provides creation tools that support 3D game materials/models and related NFT casting trading and splitting tools as a creative platform for metaverse applications. It also builds an open-source hardware and software platform that includes display terminals, computing centers, operating systems, and interfaces. Together with a complete set of XR algorithm package, it seamlessly connects with the Unity3D AR engine and other mainstream productivity tools. As much as possible, it allows metaverse developers to realize the freedom to innovate cutting-edge metaverse applications. It is also participant and developer-friendly. Participants can see virtual reality on the screen and participate directly in the virtual world and realize the creation and exchange of value in the real world.

In Caduceus’ understanding, the metaverse is also a second life for humans. It provides a new platform, a new identity, a new persona, a new worldview. Users can use their unique identities to interact in virtual worlds, use digital currency, play, work and perform actual activities in 3D virtual worlds, which will generate an unimaginable space of value.

Undoubtedly, capturing value plays a vital role in the ecological value growth process, and the major public chains have already started to accelerate the optimization of the environmental, economic model. Today, with little difference in the underlying technology, whoever has a more advanced development model will likely capture users, resources, and developers in the market faster. At the same time, it can also strongly confront other public chains and even overtake Ethereum to become the “king of public chains.”

Let’s follow twitter.com/caduceusChain

TECH DISCUSS-WHAT IS METAVERSE? WHY THE METAVERSE PUBLIC BLOCKCHAIN CADUCEUS WITH UNLIMITED POTENTIAL?

blockchainsharing — Mon, 27 Sep 2021 10:39:33 +0000

What is the metaverse? Why the metaverse public blockchain Caduceus with unlimited potential?

In 2021, with the hot concept of the metaverse, more and more people know and start to pay attention to this concept. The short video contents of TikTok also begin to frequently appear metaverse terms and elements such as identity, social, low latency, diversity, anytime, anywhere, economic system and civilization. Now there is a big kind of network, meta-universe you don't even know? Do you still have the nerve to talk about the development of the world and the direction of human existence?

Of course, if some people still don't know what metaverse is, let's popularize it first. MetaVerse comes from the word MetaVerse, which means beyond the universe. The word MetaVerse first came from the science fiction novel "Snow Crash", which describes a world where people interact with various software in a three-dimensional space with virtual images. People use digital virtual identities to compete with each other improve their status. It seems that the novel describes the scene as still ahead of its time in the future world. Others have explained the metaverse in a descending way - "a virtual world parallels to the real world and highly interoperable", with a fully functioning economy, in which data, digital goods, content, and IP can pass, and in which individual users, institutions, and companies can Individual users, organizations, and companies can create content and goods to ensure that the metaverse can continue to grow.

The six supporting technologies of the metaverse include blockchain technology, interactive technology, video game technology, artificial intelligence technology, network and computing technology and IoT technical, so it can be seen that digital technology is the primary means and support for the metaverse to establish a virtual space. At present, metaverse, which is in the very early stage of technology implementation, faces the embarrassing situation of polarized reputation. Supporters firmly believe that metaverse is the general trend of human technological development, and everything can be metaverse. In contrast, opponents believe that metaverse is full of speculation and bubbles, and most of the metaverse projects and products on the market are worthless.

In the process of human society, the commodity society is the most important and fastest progressing. From offline transactions in places to online transactions on the internet and even virtual transactions in the future, digital changes are gradually unstoppable. Imagine buying and selling a house, a car. How long does it take in the real world? A week or half a month? But in the metaverse, it may take less than a minute. Of course, the metaverse is still in the early stage of industry development, whether it is the underlying technology or the application scenario, there is still a big gap compared with the mature form in the future, and it will take an extremely long process to subvert the change from physical possession to virtual acquisition completely. However, this also means that there is enormous space for the expansion of metaverse-related industries.

In the crypto field, innovation and quality tracks mean low value. The concept of the metaverse and the demand for technology is highly compatible with the crypto field. Blockchain giants with multiple advantages want to hold the market. In contrast, crypto startups want to get a chance to bend and overtake the market, so they have come down to layout and even added to the metaverse track, and metaverse-type projects are springing up. According to the data previously released by Coingecko, the total market value of blockchain's meta-universe section has now exceeded $2.139 billion, among which most projects choose to rely on ethereum development. But ethereum is perfect enough for the meta-universe?

The current status of the ethereum ecology is not perfect. With the rise of decentralized financial DeFi, NFT and chain tour, the block size limit, high gas fee, slow confirmation speed, and network bandwidth on ethereum are no longer enough to support the development of some projects. Not only that, the Ethernet network can no longer even host a decentralized application that can respond to a large number of user data requests on the chain quickly. On the other hand, the Layer 2 solution (Lauer 2) has not been the solution to the inefficient execution of Ether contracts. Just like the early internet that had no choice but to use terminals and text-based tools, today, blockchain has become a niche presence because of the lack of infrastructure that prevents many applications from being used by large-scale users. It is not realistic to pin all hopes on Ether and hope it can carry the meta-universe track on its own. At present, it seems that the wisest choice for the meta-universe way should be to gradually "escape" from Ether.

At this stage, other public chains have already proposed new structures and ideas to solve the blockchain's usage problems and performance bottlenecks. As a new generation of distributed open-source blockchain platforms, it adopts the HashGraph consensus algorithm and has super high transaction processing speed, security, and maximum parallelism of transaction processing, with the peak transaction speed of a single chain reaching 100.000 transactions per second. It also implements EVM-compatible virtual machines and supports Solidity smart contracts and various development tools on EtherChip; it also has the functions of sub-account and sub-account authority management, GPU acceleration and voting dividends.

In addition to the underlying blockchain technology, Caduceus also has built-in game ecology, network arithmetic and virtual presentation boards, respectively, from value interaction, content bearing, data network transmission and immersion, to build a meta-universe through presentation fusion.

First of all, Caduceus technically provides a decentralized settlement platform and value transfer mechanism that can guarantee the value flow of the metaverse, protect the attribution of digital assets and guarantee the stability, efficiency and transparency of the economic system. The decentralized virtual assets can be transferred across platforms and away from the content itself, realizing the "decontextualization".

Technology provides interaction methods for the metaverse, and UHD and AR/VR devices have achieved continuous iterative upgrades. Caduceus has also laid out the development and production of virtual appliances to ensure that its chain users can have a better experience in the metaverse in the future.

As the moment of metaverse development in 2021, many people still can't imagine the value of metaverse or question its concept because it is too early. However, in the future of the digital world, the metaverse is a future worth exploring, and the emergence of Caduceus may further lay a solid foundation for the rapid development of metaverse.

If you interested Caduceus, follow Caduceus on Twitter @CaduceusChain https://twitter.com/CaduceusChain

Facebook data leaks again?! How BitCherry could really solve the data leak problem?

blockchainsharing — Fri, 09 Apr 2021 07:04:58 +0000

Facebook is no stranger to data breaches and leaks, having been the victim of many high-profile security breaches in recent years. For example, the social media giant announced in 2018 that it had unwittingly leaked the sensitive information of more than 50 million people due to a minor flaw in its platform code, allowing miscreants to obtain access to its users' accounts.

Similarly, in 2020, the Mark Zuckerberg-led company was engulfed in yet another huge crisis when it was revealed that thousands of developers had been able to manipulate data from inactive platform users, enraged many people around the world.

Still, in 2021, the tech giant has been struck by a new round of data leaks; but, this time, the number of users whose records were leaked was not 50 million, but a mind-boggling 500 million. On April 3, Alon Gal, chief technical officer of security firm Hudson Rock, announced that confidential personal information for over 500,000 Facebook users had been posted on a prominent hacking website.

To be more precise, the data include the phone numbers, full names, locations, birthdates, bios, and, in some cases, email addresses of over 553 million users spread across 100 countries. Not just that, but it seems that 32 million of the above-mentioned users are from the United States, while 11 million are from the United Kingdom.

Eventually, the data that is now circulating online has the potential to endanger the savings of millions of digital currency traders and holders, who may now be vulnerable to SIM swapping and other identity-based attacks that have occurred in recent years.

How BitCherry could solve the data leak problem?

BitCherry constructs the network protocol of P2Plus in the physical layer through the technology of IPv8. The P2Plus network protocol adopts the point-to-point high-strength private key encryption technology. Only the receiving node can decrypt the transmission content after encryption, which ensures the confidentiality of the transmission content and the privacy of the node. The operation of the whole node is attached to the structure of hashgraph, which can ensure the decentralization without heavy workload proof. At the same time, it can realize the point-to-point encryption of information and ensure the privacy and security of user data in the interaction process.

Also based on aBFT consensus algorithm, BitCherry’s nodes are attached on HashGraph, introduce the expansion mechanism as lateral and longitudinal side chain is in the underlying architecture design, which makes it possible to obtain the computational resources and any extension service processing capabilities are scalable across processor cores and networks. The consensus nodes of the entire network can be expanded to more than 100K, and the nodes participating in the consensus of each transaction can be controlled within a few hundred. While ensuring high efficiency and stability, it also ensures decentralization, TPS will be over 100,000.

In addition, it will also run with more or less underlying IP network layer and the data link layer, which means that BitCherry can achieve private high-speed P2P communication between any two devices worldwide, cross-network, firewall, network wall. And in its application layer, BitCherry can achieve decentralized Domain Name Service DNS +, decentralized Web services HTTP + and other decentralized application services. The use of point to point encrypted communications and signature authorization mechanisms, P2P + agreement could prevent DNS attacks, DDOS attacks, and more effectively ensure node privacy and security.

In conclusion, BitCherry will break the shackles of practical business application for the purpose of highly integrated Internet experience and for the evolution of information technology. It will also carry out integrated innovation of technology from the blockchain systems engineering point of view. Because of that, BitCherry let me see a promising future of a secure internet world.

For more news and latest updates please visit and follow the team in: -

Official Website: http://bit.ly/BitCherryOfficialWebsite

Twitter: http://bit.ly/BitCherryTwitter

Telegram: http://bit.ly/BitCherryTelegram

Discord: http://bit.ly/BitCherryDiscord

The Outbreak of BitCherry Distributed Eco Booming, Leading the Global Public Blockchain Competition Structure

blockchainsharing — Fri, 02 Apr 2021 05:03:11 +0000

BitCherry, the world's first scalable blockchain infrastructure based on IPv8 technology to serve distributed commerce. BitCherry, as a distributed commercial public blockchain project, is committed to building an IPv8 blockchain infrastructure that can serve all types of businesses. The hashgraph improved by relational graphs can achieve highly scalable data architecture. It provides operation mechanisms such as smart contract and cross chain consensus and has the ability to quickly build upper-level apps, which can meet various types of business application scenarios. Furthermore, it also provides high-performance, high security and high availability public blockchain support for distributed business applications.
BitCherry shows itself within blockchain trend, continues iterative evolution technically, to solve the problem through a rich application scenario for developers and users, while keep prosperity on the supply and demand sides, BitCherry will also compete in the public chain.

Focusing on Technological Innovation and Technological Advantages Will Continue to Be Remarkable.
One of BitCherry’s visions is to focus on technology leadership. Based on this background, BitCherry has made more breakthroughs in technology, specifically reflected in the new blockchain network protocol, HashGraph data structure and full stack development tools. Therefore, BitCherry’s main technical advantages are high performance, scalability, and privacy security.
The horizontal comparison of representative public chains, Ethereum "go ethereum" as the main blockchain library, and "solidity" as the smart contract platform. With the continuous release of new versions and bug repair, the main network runs stable, but it still faces the problems of insufficient scalability and insufficient efficiency. The consensus mechanism of Neo is DBFT, which generates a block in every 20 seconds. In theory, their TPS transaction can reach about 1000 TPS. It has a certain fault tolerance capability for providing nodes, including security and availability, and is suitable for any network environment. However, with the launching of Ontology, the issues of high-level centralization and lag of development causing NEO node network are suffer from dispute. Lisk has many followers, the developer community is very active, the code submission and version iteration are excellent, but its block browser lacks the disclosure of token assets and related DAPP and other important information on the blockchain. BitCherry’s technical advantages are embodied in that it ensures efficiency, security and stability while decentralizing. It can not only obtain business opportunities from a huge user group, but also ensure the privacy and security of users.
At present, BitCherry’s technological advantages cannot be underestimated. In the future, BitCherry will not replace or exclude on other competitors. Instead, it is about embracing the advantage and filling up the shortcomings. It will continue to achieve technological innovation with an open and inclusive vision, laying a solid foundation for technological innovation and the provision of solutions for openers and users.

The ecological layout has a bright future. Building a complete ecological closed loop
BitCherry actively layout the incubation of blockchain applications, establish an ecological incubation fund, and build a complete ecological closed loop of technology development, application promotion and trading. BitCherry’s future ecology will be the parallel promotion of DeFi, NFT, games and other fields. After the mainnet goes live, it will gradually build up a diversified ecosystem of subdivided fields. BitCherry Distributed Ecology can be seen by comparing with Ethereum, Polkadot Ecosystem, Cosmos and EOS Ecology. Currently, Ethereum has a complete DAPP and DeFi ecology, and the applications built on it are all inclusive. But the disadvantage is that the gas fee is too high for most people to experience. On the other hand, Cosmos mainly focuses on DeFi and decentralized exchanges, but it is difficult to form a complete ecology for public blockchains made with cosmos sdk technology in the future. Polkadot Ecosystem has a public blockchain with complete DeFi scenes, which has certain competitiveness, but the development speed is slow, and many projects are still in the state of testnet. Although DAPP is widely used in EOS Ecology, but it has been plagued by the problems of account resources and centralization.

In terms of the current development stage, BitCherry will provide more incentives and support for ecological projects in the future. By providing technology, funds and resources, BitCherry will hugely promote the construction of ecological system and have greater market potential and development space.

Straight to The Shortcomings of Development Process and Solve the Three Major Problems
Summarizing the product development process, we can see the following three shortcomings:

High development cost
The cost of getting customers is high (the user's threshold is high)
The performance of public chain does not meet the processing speed (throughput, TPS) and scalability of project operation. BitCherry with its own technical advantages and ecological advantages, gives a creative solution.

First of all, BitCherry uses EVM to provide secure execution link for bytecode of smart contract and supports multi language development of smart contract. At the same time, it is Ethereum Compatible and able to achieve one click migration, which greatly reduces the development cost of developers. Secondly, BitCherry has a large number of users all over the world. BitCherry developers can easily promote their DAPP to BitCherry users. At the same time, BitCherry will cooperate with some enterprises with marketing background to solve the problem of customer acquisition. Finally, in BitCherry system, multichain structure, physical fragmentation technology and cross chain technology can achieve the best of asset flow, information exchange and value interconnection between different blockchain platforms, which is similar to the high-speed channel between different public chains. It can also realize data transmission between different blockchain networks and greatly reduce the transmission cost.

The Explosive Growth of Community and The Acceleration of Global Business
BitCherry, as a growth project, actively deploys community ecology, and the community has achieved explosive growth in less than two years. The global community has more than 1 million fans. The precipitation of nearly one million members is inseparable from the attraction of technological force.
At present, BitCherry’s main communities are distributed in the United States, Russia, China, France, Germany, Japan, Australia, Turkey, Arabia, Dubai, Singapore, Philippines, Vietnam, Nigeria, and other countries in the world.
Relying on the deep technical service background, BitCherry has more than 200 staff development enthusiasts, and these data are still growing. Its contract asset BCHC also relies on BitCherry’s wide application and clear appreciation logic, with covering most of the head exchanges, there are more than 200000 users. In the future, BitCherry project will continue to grow and receive more and more attentions
.
BitCherry’s focus on technological innovation will continue to consolidate the ecological foundation, improve its position in blockchain industry, and continue to take the lead in the industry with confidence. Paying attention to the shortcomings of the industry, striving to solve practical problems and breaking barriers will provide inexhaustible power for the development of technology application. In the future, BitCherry has greater practical value and broad application space, and BitCherry distributed ecology will continue to flourish.

BitCherry Official Website: https://www.bitcherry.io/
Twitter: http://bit.ly/BitCherryTwitter
Telegram: http://bit.ly/BitCherryTelegram
Discord: http://bit.ly/BitCherryDiscord

BitCherry Outlook: Digital World "Allspark" to create diverse, sustainable global ecosystem

blockchainsharing — Thu, 01 Apr 2021 04:57:41 +0000

After the BitCherry test network formally launched version v1.0.1 and v2.0.1 BitCherry test network on-line version of the official update, BitCherry distributed ecological fund was established, and invested 10 million US dollars for the development of environmental chain applications, competition, incubation, and investment.

At the same time open, BitCherry's "All Spark Plan" to develop more valuable, has the potential to blockchain business applications, enrich BitCherry distributed business ecosystem. Developer can deploy development on the BitCherry chain, run DApp; the registration project's operation has been assessed to give out the Top 10 "Super Spark" incubator reward.

BitCherry looks forward to a distributed business application development technology that has a bright future of cohesion, community, and ecological resources so that new technologies make up less than current commercial blockchain there is the underlying architecture to provide high performance, high security, high global commerce available underlying technical support and solutions. On the other side, "the fire source" also represents the diversity and ecological sustainability BitCherry's future.

Outstanding technical advantages provide strong technical support

The public chain generally encourages participants to compete for bookkeeping through the token mechanism. Therefore, the public chain project's value will be reflected in the token's worth, but the final deal will inevitably return to the technical matter. Thus, the judgment of the future development of the public chain requires technical evaluation of the project. Performance evaluation from well-chain technology, scalability, privacy, security, stability, and other dimensions, the advantages can be seen by BitCherry comparison technique mainly:

High Performance: The consensus nodes of the entire network are expanded to more than 100,000+, while the nodes participating in the consensus of each transaction are controlled within hundreds, and the TPS is stable to more than one million. Even if there are tens of thousands of BCHC transactions per second, it is still not. It will affect the security and stability BitCherry network. Bos said that TPS could reach more than one million, IRIS, Cosmos, and Polkadot said that TPS had reached thousands of levels, and ETH2.0 is currently claimed to reach 100,000 levels. The sharding technology has solved the block congestion problem caused by insufficient TPS to a certain extent. Therefore, BitCherry world's leading chain of public representation based on technological evolution will continue iteration.
Scalability: BitCherry aBFT asynchronous algorithm and relying on the longitudinal side chains + horizontal fragmentation expansion of design to solve congestion blocks, which means that phenomenal trendy application resource consumption do not affect other App on the chain. In contrast, DApps can only issue coins on Ethereum and cannot establish a blockchain. All DApp applications on Ethereum can only share one main chain, and BitCherry can support few application scenarios. Although EOS solves the scalability problem to a certain extent through the consensus algorithm, this mechanism will also cause the users who have a large number of tokens to generate blocks, creating a vicious circle of "The Gap between Rich and Poor."
Privacy Security: BitCherry run a full node attached to the structure HashGraph and does not require heavy workload proved ensure decentralized at the same time, can point to point encryption of information to protect the privacy of user data in the interactive process Safety. In contrast, AWS provides services for more than 25% of the world's applications on Ethereum, and the platform can easily collect user data, so users lose the right to choose their privacy.
Decentralized: BitCherry use sharding, side chain in Hash algorithm, while the longitudinal extension of the side chain consensus full network node, to achieve a fully decentralized network. Generally speaking, it is challenging to achieve complete decentralization, especially in the pursuit of higher performance. Therefore, most public chains can only be regarded as incomplete decentralization or even partial centralization. For example, the high degree of centralization of the NEO node network has been widely controversial, and the deficiencies of the Bos consensus also tend to be centralized.
Stability: After efficiency and security, stability is also one of its essential properties. The performance stability determines whether the public chain can produce blocks stably and whether it will be affected by malicious attacks. The average block generation time and average block generate stability will affect how long an operation in the DApp can be completed and the continued strength. At present, many times, an average chain well as IRIS, Cosmos, and the like Polkadot block efficiency was less than 10 seconds, BitCherry IPv8 protocol ensures that the block is more efficient.

Summary: The existing P2P protocols are well-chained in the Master IPv4 / IPv6 WAN end TCP transport layer. BitCherry IPv8 works within the protocols more underlying IP network layer and the data link layer, Achieved unprecedented technological innovation in the industry. BitCherry blockchain based on the underlying technology framework IPv8 created to help developers quickly create and customize their complete blockchain; BitCherry distributed ecological funds quality projects will be selected to provide technical support, so developers can more easily Develop a whole blockchain.

Test network upgrade highlights
BitCherry test network an upgraded version of v1.0.1-BitCherry test network v2.0.1 version optimized consensus algorithm block synchronization and stability, added features verifier, the verifier punishment mechanism, users staking function, sub-account management functions, And the sub-currency of the ERC20 standard. Before BitCherry's main network formally launched, we will continue to test the network's iterative multi-stage delivery update function by a fixed stage. Next, BitCherry's focus will be based on BitCherry testnet v2.0.1, optimizing speed and data redundancy consensus algorithm, ongoing optimization in terms of infrastructure, system stability, security, etc. Besides, it will be iterated and improved in terms of cross-chain and IPFS modules.

BitCherry test network version v2.0.1 has achieved most of the functions of the main network. In Future, BitCherry technical team will continue to strive for excellence, perfection, and rich technical content, to provide a safe, stable and efficient development environment for developers to create user can serve all types of commercial, high-performance, high-security, high availability can be Expand the IPv8 blockchain infrastructure platform to provide lasting and fresh vitality for the distributed business ecosystem.

Special Ecological Support Fund of US $10 million

March 25, 2021, BitCherry established distributed ecological fund. The US$10 million invested by the fund is used to expand the environmental development of the chain, and provide ecological developers with funds, technology and operation promotion, and other diversified support. BitCherry distributed ecological quality projects selected for funding will provide financial aid or a team for setting a special incubator fund to provide start-up capital and the subsequent financing docking high-quality business projects. March 27, BitCherry officially launch the "Allspark plan," BitCherry Distributed Eco Fund also announced that it would be formally put into a special fund of 10 million dollars for the development of ecological projects, competitions, incubators, and investment. Which was rated as a "Super Spark" project, will have access to investment opportunities BitCherry distributed ecological fund.

BitCherry, deploying as a global chain system to build, can serve all commercial IPv8 blockchain infrastructure. Future, BitCherry will continue to prosper globally to achieve the overall ecological health of distributed electricity suppliers, autonomy, better development.

Official Website: https://www.bitcherry.io/

Twitter: https://twitter.com/BitCherryGlobal

Telegram: https://t.me/BitCherryGlobal

Discord: https://discord.com/invite/nNY9A9tn2D

Sharing:BitCherry Official Launch the “All Spark Plan” to set up a Special Ecological Support Fund of US $10 million

blockchainsharing — Mon, 29 Mar 2021 04:43:40 +0000

On March 29, BitCherry officially launched the “All Spark Plan” to cultivate more valuable and potential blockchain business applications and enrich BitCherry’s distributed business ecosystem. BitCherry Distributed Business Ecological Fund also announced that it will officially invest 10 million US dollars in the development, competition, incubation, and investment of ecological projects, and provide financial, technical, and operational promotion support for developers.

“Spark is the soul of Transformers, and AllSpark is the source and destination of Transformers.”

BitCherry, as the world’s first distributed business infrastructure based on IPv8, is determined to become the “ AllSpark” in the blockchain world, and the “ AllSpark” also represents the diversity and sustainability of BitCherry’s future ecology. BitCherry will enable the development of distributed business applications through cohesive technology, community, and ecological resources, activate “ AllSpark” one after another, and create a young, dynamic, and infinite possible blockchain world. In this “ AllSpark Plan”, developers can deploy and run DAPP on BitCherry. We will evaluate top 10 according to the operation of the registered projects and give “Super Spark” incubation reward.

✅ Registration Time: 29th March 2021 (GMT+8)

All projects rated as “Super Spark” will have the opportunity to obtain at least one of the following interests:

🚀Investment opportunities of BitCherry Distributed Business Ecological Fund

🚀Resource support of BitCherry distributed Eco-commerce

🚀BitCherry global marketing matrix resource tilt

🚀Project strategic operation / consulting analysis

In addition, BitCherry will provide financial support, technical support, dedicated strategy planning, resource support, team training and other comprehensive support for the selected Top 3 projects/teams. It includes:

✅Financial Support: Provide special funds and follow-up financial assistant for the project.

✅Technical Guidance: Help the project team to sort out the technical roadmap and all kinds of technical support.

✅Resource Support: Provide resource support of giant projects in BitCherry business ecological alliance and accelerate the application and landing of incubation projects in an all-around way.

✅Construct Content Matrix: Through the BitCherry global content matrix, we help the project carry out brand promotion, obtain users and establish a global community.

✅Registration:
Project developers are invited to visit the BitCherry website(www.bitcherry.io) Register or submit your application through the registration link below.

🍒 Registration Form: https://forms.gle/CEKC9PK2vsGf2JQ57

Scoring Rules: The “AllSpark Plan” will pay more attention to the construction of BitCherry ecological infrastructure, so the following track projects are more likely to get bonus points in the final scoring: DeFi applications, games, auction platform, distributed cloud computing, Oracle, derivatives trading, data services, etc.

Risk Warning:

1.BitCherry will only announce authorization, promotion, and other collaborations through the official social media platform. Developers and users should check carefully to avoid losses caused by false information.

2.All users and developers can participate in the test environment and subsequent stages of the BitCherry Chain for free, and there is no charging fee.

3.All users must distinguish the test environment from BitCherry Mainnet. The assets generated in the test environment do not have any value. Be aware of counterfeit currency fraud.

4.The official website is ( www.bitcherry.io ). Please be cautious with private key phishing.

All rights of the event are reserved by BitCherry.

Official Website: http://bit.ly/BitCherryOfficialWebsite

Twitter: http://bit.ly/BitCherryTwitter

Telegram: http://bit.ly/BitCherryTelegram

Discord: http://bit.ly/BitCherryDiscord

Sharing News | BitCherry distributed ecological fund was established,$ 10 million boost ecological development

blockchainsharing — Fri, 26 Mar 2021 05:54:16 +0000

The global awareness of the blockchain industry has increased, and the technology has entered a rapid development period. However, there are still many industry bottlenecks in the application and development of blockchain technology in various industries. Issues such as low performance, expensive resources, restricted applications on the chain, and limited development space have restricted the integration and development of the blockchain industry and physical commerce. With the BitCherry blockchain network's maturity, BitCherry generates new technology to complement the current lack of commercial blockchain underlying architecture and provides high performance, top security for the global commercial availability of the underlying technical support and solutions.

March 26, 2021, BitCherry announced the formal establishment of “BitCherry distributed ecological fund”, which aims to train more valuable, blockchain business applications to improve BitCherry distributed business ecosystem. BitCherry distributed ecological fund invested 10 million US dollars in developing the ecological chain applications, competition, incubation and investment, providing multi-faceted financial, technical and operational promotion for the developers on the ecological support.

[b]Benefits of joining BitCherry distributed business ecosystem[/b]

On the technical side, BitCherry block-based chain framework IPv8 underlying technology helped developers to create and customize their own complete blockchain, enabling developers from the complexities of the underlying technology, thus only need to focus on their own business logic, BitCherry distributed ecological fund also selected for quality projects/teams to provide financial support, technical support for the full range of support, fund, strategy development, resources, docking, team culture and so on. Including:

Financial Support: set up a special incubation fund to provide start-up capital for high-quality entrepreneurial projects, and then carry out financing matching;

Technical Guidance: help the blockchain entrepreneurial team to organize the technical roadmap, help on-chain projects and one-click migration of DApp, etc.;

Resources Support: large-scale projects BitCherry business ecosystem league stops, comprehensive application acceleration and floor incubator project;

Operation/Strategic Consulting: The senior operation team in the blockchain field shares experience in strategic operations, team building, business and legal consulting;

Establish a Content Matrix: Establish a global content matrix to help entrepreneurial teams carry out brand promotion, attract users and build a global community.

BitCherry distributed ecological fund is welcome all outstanding / blockchain project to join our blockchain network. You can be:

Which has a complete blockchain project plan, looking for the right technology in ecology, team or individual teams or financial support;

Uses the BitCherry blockchain network to develop the project (Team or Individual);

Project on Ethereum network or other blockchain networks have confidence in BitCherry ecological (Team or Individual);

Those projects which develop on the BitCherry blockchain network will get priority incubation.

Original News: https://medium.com/bitcherryglobal/bitcherry-distributed-ecological-fund-was-established-10-million-boosts-ecological-development-31b80d24c24e
Official Website: bit.ly/BitCherryOfficialWebsite
Twitter: bit.ly/BitCherryTwitter
Telegram:bit.ly/BitCherryTelegram
Discord: bit.ly/BitCherryDiscord