MatPool announced that it will formally join the Wanchain Galaxy Consensus PoS Node Program, which will soon be available on the WAN node pledge service.

Matpool-cooperation

Babbitt's MatPool pool reached a strategic partnership with Wanchain, and MatPool announced its formal participation in the Wanchain Galaxy Consensus PoS Node Program. According to the Wanchain 2019 roadmap, the PoS consensus mechanism independently developed by Wanchain will be officially launched online this month, and MatPool will participate in the testing network of Wanchain for the first time. It is expected to be officially launched on the main network before the end of the year. At that time, MatPool will provide commencing services for WAN primary currency to institutional users and ordinary users. At the same time, both parties will also carry out in-depth cooperation in the underlying technology, community services, and knowledge popularization.

In September 2018, Babbitt's MatPool mining pool came into being. The former Facebook early engineer Jin Lei was the project leader and CTO. Babbitt partner Li Zongcheng became the chief operating officer COO. This is a growing mining pool behind it. The team consists of blockchain and senior developers of artificial intelligence.

According to MatPool COO Li Zongcheng, MATPool's mission is to “combine computing, integrate consensus, and integrate value” to establish a “parameterized blockchain computing and super-node service platform” to serve participants in various backbone consensus mechanisms. .

Wanwei Chain is very honored to have a strategic partnership with the domestic high-quality mining pool team MatPool. It is believed that the cooperation between the two parties will promote the development of the PoS consensus. As a multi-currency mine platform, MatPool not only supports the power mining of POW public chain, but also provides a one-stop node pledge service for the mining pool, such as PoS, DPoS, PBFT and other backbones based on the consensus proof mechanism.


About MatPool

MatPool is the platform of Babbitt's mining pool. MatPool creates a node matrix for the production of encrypted assets with the concept of “discovering value, creating value and sharing value”, providing a safe, stable and reliable operating environment for the main chain of node mining. Providing technical services for all kinds of main chains, letting blockchain technology land, making blockchain popular and promoting the development of blockchain business. ( https://matpool.io/pos )

About the galaxy consensus

Proposed by the Wanwei Chain Consensus Team, it is the third PoS consensus agreement team that proposed the complete delegation mechanism after Cardano and Tezos. The Yellow Book of Galaxy Consensus Technology was officially released on March 31, 2019.

Wanwei Chain's recently released Galaxy-Galaxy-Consensus-V1.0, a practical PoS consensus protocol with a complete delegation mechanism, is based on the Wanchain theory team's reference to existing consensus protocols. A cryptographic method, long-term independent research and development of research results. And a new delegation mechanism was introduced in the galaxy consensus to complete the proof of concept (POC).

About Wanwei Chain

Wanchain is an asset cross-chain + privacy protection + smart contract. The three characteristics create a cross-chain digital asset infrastructure platform to de-centralize the connection and value exchange of different blockchain networks, allowing any individual and organization to be based on Wanchain. Create a decentralized app. As the first cross-chain between Bitcoin, Ethereum and ERC20, Wanwei Chain is fully promoting the development of the fully decentralized PoS consensus mechanism. On April 1st, the Galaxy Consensus Technology Yellow Book was officially released and planned. It was officially launched on the main website at the end of 2019. At the same time, Wanwei Chain teamed up with Telefónica and RIVETZ, Europe's largest mobile operators, to provide blockchain-based mobile security solutions. According to the plan, Wanchain will gradually realize the cross-chain connection with the main public chain and alliance chain of the industry. Wanchain adopts a global ecological operation and currently has offices in Beijing, China, Austin, USA and London, UK.

Galaxy Consensus Program Partner

Wetez Pool announces the formal participation of the Wanchain Galaxy Consensus Node Program to build a PoS node ecosystem

Blocks.tech announces formal participation in the Wanchain Galaxy Consensus Node Program

Well-known institution Staked will provide Staking services for Wanchain PoS mechanism participants

More partners are coming soon, so stay tuned.

understand more

Wanchain Galaxy Consensus Exploration 02 – Random Number Generation Algorithm

The overall structure and process of Wanchain Galaxy Consensus Exploration

Wanwei Chain released PoS consensus solution

We will continue to update Blocking; if you have any questions or suggestions, please contact us!

Share:

Was this article helpful?

93 out of 132 found this helpful

Discover more

Market

Encryption exchange "moving tide": US SEC "strongly pushed away", Middle East and Hong Kong "welcoming with a smile"

Due to the recent pressure from the SEC, several major exchanges around the world are preparing to flee, with the UAE...

Blockchain

Will NOVA be the next Pepe? Analysis from the perspective of trading techniques.

"Ten years of speculation in cryptocurrency can all be in vain, but a successful gamble on meme can make you live in ...

Blockchain

Ieo, which used to be ten times easier, is there anyone else involved?

At the beginning of the new year, the coin opened the curtain of the IEO "issuing the first exchange" stage...

Blockchain

Circle stripped Poloniex, its valuation plummeted 80%

Circle is a world-renowned blockchain startup with investors including Goldman Sachs, IDG Capital, Bitcoin and hedge ...

Blockchain

In-depth explanation of Web3 game engine: Origins and development status of racing tracks, as well as network effects.

We are pleased to see the development process at every level, the release of new games, and the emergence of new engi...

Blockchain

After launching an upgraded application, OKX Hong Kong has recorded over 10,000 new user registrations within a month.

OKX is the first exchange in Hong Kong to announce this milestone since the new Virtual Asset Service Provider (VASP)...