Industry Talk | Gate.io Blog

Industry Talk 10 Articles

Industry Talk

What the new Ethereum Improvement EIP-1559 means for you

Author：Gate.io Researcher：article_bot 29 December 09:30

Take away: · This new proposal will replace the existing Ethereum gas pricing mechanism. · fixed-per-block network fee and block sizes that expand or contract. · removes coins from circulation by burning the base fee. · Switch from PoW to PoS model. · The base fee is burned afterward and...

Industry Talk

Sandbox, an Irresistible Immersive Virtual Game

Author：Mashell. C, Gate.io Researcher 28 December 18:48

[TR; DR] 1. Sandbox is a metaverse where people monetize their gaming experience. 2. Gamers can create digital assets which they can trade on the marketplace. 3. The Game Maker feature enables users to create and edit 3D games without using any advanced skills. 4. LAND, GEMS and CATALYSTS are...

Industry Talk

Web 3.0: Blue Ocean of Value Brought by Blockchain

Author：Edward. H, Gate.io Researcher 21 December 16:16

【TL; DR】 1. On December 8, the US House of Representatives held a digital currency hearing, which showed a positive attitude towards cryptocurrency as a whole, which was affirmative for Web 3.0. 2. Patrick McHenry, a member of the Republican House of Representatives, said that the United St...

Industry Talk

So what is Web 3.0? The decentralized Internet of the future explained...

Author：Aziz. H, Gate.io Researcher 20 December 18:46

Source: What Is Web 3.0 and why might it matter to investors in crypto? - AAX Academy [TL;DR] Since the creation of the Web in 1990, the web has continued to grow around the world. Based on the Internet, the Web is a technology that creates links between millions of pages. At the...

Industry Talk

Avalanche Eco_ Explained

Author：Gate.io Researcher：article_bot 16 December 15:50

Takeaway: · High scalable blockchain system without sacrificing decentralization or security · Uses three native tokens that have different functionalities inside the Avalanche ecosystem · Allows the development of Web3 applications · Has a two-way token bridge that enables a smooth...

Industry Talk

What is ENS and DID?

Author：Joy A., Gate.io Researcher 16 December 15:27

The Ethereum Name Service (ENS) is a lookup system for the Ethereum blockchain. It functions in a similar fashion to the DNS system on the internet, allowing users to search for websites using names rather than numbers. A decentralized identifier (DID) is a pseudo-anonymous identification for a pers...

Industry Talk

Endgame: Uncovering the Optimal Solution of Blockchain Scaling with Vitalik Buterin

Author：Edward. H, Gate.io Researcher 15 December 09:51

【TL; DR】 On December 6, Vitalik Buterin published an article "Endgame" on his personal blog, planning a reasonable path for the scaling of Ethereum and other major blockchains. "Large blockchains" refer to those blockchains with large chunks and high trading frequency (up to tho...

Industry Talk

Is SocialFi Going To Be The Next Big Thing in the Web3.0 Era?

Author：Ashley. H, Gate.io Researcher 13 December 17:56

【TL; DR】 1. SocialFi is a field with considerable development potential in the Web 3.0 era. 2. SocialFi = DeFi + Social Media. 3. In the era of Web 3.0, blockchain will constitute the value layer of the Internet, and almost every field in Web 2.0 will be rewritten by blockchain technology....

Industry Talk

What precisely is Central Bank Digital Currency _CBDC_?

Author：Gate.io Researcher：Joy A 08 December 14:02

In this article, we will look at CBDC’s role in digital economies,nations that are experimenting with them, and the path to widespread acceptance. [TL; DR] 1. What is Central Bank Digital Currency ( CBDC) 2. Why should a government create a CBDC when there is fiat currency? 3. Wha...