Featured | Bitcoin Surviving Across Cyberspace, Material World, and Finspace

Source: Satoshi Shinmoto

Today's content includes:

1) Outline the fee structure and incentives of the Bitcoin futures platform;

2) DappRadar: how boring rich people affect spinach applications;

• Research Report | The full-featured Polkadot mainnet is expected to be online in June, with a DOT target price of $ 135
• Zhejiang Provincial Department of Finance took the lead in donating electronic bills on the blockchain, and Ant Financial provided technical services
• Miners continue to invest funds, Bitcoin's entire network computing power hits a record high

3) Staking Hub: NuCypher AMA;

4) Bitcoin's habitat;

5) Adhesive Declaration: Let centralization and decentralization achieve each other.

1) Outline the fee structure and incentives of the Bitcoin futures platform

This is an article written by Austerity Sucks of the crypto trading community WhalePool. If you want to understand the futures market, then this article may help you get started. It provides a comprehensive overview of the 12 mainstream futures platforms on the market, including BitMEX, Bybit, Binance, CME Group, etc.

The rate of bitcoin futures may be confusing for many traders. It is affected by many factors, not only fixed fees, but also other factors that depend on the account transaction situation.

• Under normal circumstances, a lower fee is charged for the limit order provided by the passive "Maker", and a higher fee is charged for the active Taker; Satoshi Masamoto Note: Maker refers to a trader who provides liquidity to the market, waiting for others Deal with him; Taker refers to a trader who reduces market liquidity and actively deals with other people's orders.
• For active traders, discounts based on trading volume are usually provided, that is, if the trading volume exceeds a certain level, the trader pays lower Maker and Taker fees;
• Some exchanges charge higher fees for users who use higher leverage;
• Many exchanges have a “designated market maker” program to provide stable liquidity and / or meet trading volume targets;
• Many exchanges have incentives for platform currency. If users hold platform currency, related benefits will be effective;
• Although some transactions have all public VIP / market maker plans, and some exchanges hide them behind the scenes, almost all exchanges have some kind of large equity;

Original link: https://medium.com/@Austerity_Sucks/fee-structures-on-bitcoin-futures-platforms-22953cc1c67a

2) DappRadar: How boring rich people affect spinach applications

This is a report on spinach applications written by DappRadar. This segmented track is more driven by high net worth gamblers (alias "whale" or "big households"). By observing the data of big wallets of 6 top spinach applications, DappRadar reveals some interesting phenomena and trends.

• For each spinach DApp, the value percentage contributed by the Top10 wallet ranges from 5% -80%;
• The three most popular spinach DApps on the TRON blockchain have experienced a downward trend;
• Nonetheless, DApps like 888TRON prove that by focusing on user experience and smart retention mechanisms, it is possible to build a successful product-both in terms of number of active wallets and value
• Although the overall performance of spinach applications on the EOS blockchain is not good during 2019, the monthly contribution value of Top10 wallets in the two most popular DApps increased in the second half of the year;
• Ethereum DApp dice2.win is the most stable in terms of the percentage value contributed by the Top 10 wallets.

Original link: https://dappradar.com/blog/how-whales-influence-the-success-of-gambling-dapps

3) Staking Hub: NuCypher AMA

This is the finishing article of Staking Hub and NuCypher after completing AMA. NuCypher is building a crypto infrastructure for protocols and applications that protect privacy. Their key management system (KMS) aims to address the limitations of the current consensus network to securely store / Send / manipulate private and encrypted data. Here are the relevant points:

• The handling fee will be paid in ETH, and the Staking reward will be paid through NuCypher's native asset NU;
• There is a one-to-one correspondence between Worker and Staker. A Staker can only establish a connection with a Worker. A Worker is a valid node participant who executes re-encrypted work instructions. Staker controls NU, manages Staking, and collects rewards.
• Stake 15000 NU is necessary to become an effective worker in the network;
• No plans for Slash due to downtime, but downtime will not receive inflation rewards
• Governance is temporarily implemented by multiple votes of team members, which may evolve into a decentralized DAO in the future;
• Third-party hosting solutions will be available at launch;
• After the contribution period of token distribution using WorkLock is over, users can no longer lock ETH to obtain NU;

Original link: https://medium.com/@clayton_17518/staking-hub-nucypher-ama-59f09964884a

4) Bitcoin's habitat

Bitcoin has no strict specifications, no absolute finality, no fixed development team, no final security guarantees, no scheduled updates, no centralized brain, no central vision, no kings and rulers. It is a decentralized organism that evolves organically without a centralized planner. The lack of centralization is the charm of Bitcoin.

Bitcoin lives across regions, with one foot in the pure information domain (thought and code) and the other foot in the material world (people and nodes). Bitcoin's soul lives in Cyberspace, the purely information realm, where Bitcoin absorbs useful ideas and incorporates them into the code.

Bitcoin's body lives in the material space (Meatspace). Nodes, hard disks, cables, etc. are grouped together in various complicated ways, pushing the surrounding electrons, turning 0 into 1, and then turning 1 into 0. Coin's heart beats about 1,000 times a week.

Bitcoin has found a clever way to ensure its survival: pay people. People-and more and more organizations-are motivated to help them survive. They shape reality according to Bitcoin's preferences, provide it with energy, update its hardware, update its software, and keep it alive.

The fact that Bitcoin pays us to maintain its vitality opens up a third space: financial transactions, space for value and mutual benefit. Let's call it "Finspace".

Overall, we can identify three different environments in which the Bitcoin organism is located:

• Cyberspace: The World of Thought and Code
• Material world: the world of people and nodes
• Finspace: The world of value and markets; the world of dollars and Satoshi

Original link: https://medium.com/@dergigi/bitcoins-habitats-9ce3064bd3a7

5) Adhesive Declaration: Make Centralization and Decentralization Achieve Each Other

This is an article written by Marco De Rossi, pointing out that the duality of centralization and decentralization may soon pass, and under the tide of shouting decentralization, this brings us a different perspective. This article has been translated into Chinese by Mr. Liu Yi of Cdot, thank you Mr. Liu Yi!

The network economy ecosystem has been running for decades based on centralized technologies such as email, API, CRM, e-commerce, ERP, SQL database, and cloud computing. Then decentralized technology emerged, enabling anyone to interact economically. You don't need to know each other, you just need to believe in technology, how amazing!

Sometimes we are so passionate about this new paradigm that we strive to conceive a new parallel world where everything is decentralized, because "centralization" is evil, and we must avoid it at any cost.

We focus on a completely decentralized solution, which is not bad because it eliminates all points of trust. However, such an extreme approach does not always allow us to reach an acceptable compromise, which makes the system easy to use, efficient, and widely involved.

What ways can we realize the full potential of decentralized technology? It is based on the close interaction of decentralized and centralized components to design economic systems, allowing developers and companies to make wise and prudent decisions based on whether components require trust to determine how to mix and use.

Original link: https://medium.com/coinmonks/the-gluing-manifesto-159cabef0532

Chinese version: https://www.chainnews.com/articles/625788047910.htm

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