BKEX Has A Layout In The Forefront Of “Public Chain Reform”

BKEX Exchange
BKEX Content Center
7 min readSep 17, 2021

BKEX is a global digital asset financial service platform, focusing on the mining and absorption of high-quality assets, an innovative international station of digital assets for global users, providing trading and investment services among various digital assets.

When it comes to public chains, Bitcoin and Ethereum must be the first ones to emerge in most people’s minds. Initially, Bitcoin, which was DeFined as a payment instrument, only passed value. Later, Ethereum based on blockchain technology appeared. On-chain smart contract automatically executes instructions according to the code to create decentralized programs and autonomous organizations. Therefore, the concept of public chain is widely mentioned.

Public chain refers to a blockchain in which anyone in the world can read and send transactions, and the transactions can be effectively confirmed, and can also participate in the consensus process. At present, applications based on Ethereum as the underlying development still occupy a high market share, and the current market share of other underlying public chains is still relatively small.

2018 is regarded as the first year of public chains, and Ethereum leads the public chain track. With its advantages in smart contract mechanism, economic model and developer ecology, Ethereum is still the public chain with the highest attention in the blockchain and the king in the field of public chain. However, with the continuous progress of public chain technology and market awareness, cross-chain concepts public chains such as polkadot, Cosmos and NEO have emerged, high-performance public chains such as EOS, NEAR, Ontology, IOST and Conflux have proliferated, financial public chains such as Algorand and Platon have been born, and the rise of public chain related projects such as DeFi market, NFT and chain game is also breaking Ethereum’s title of “exclusive king of public chain”.

The outbreak of the liquidity market created by DeFi gave birth to the innovation of the public chain market, making the on-chain network catch up in the state of “running forward”. The hot spots of NFT and other crypto derivatives gave the blockchain market the opportunity for new network development, and the interest community involving the chain began to find a new breakthrough in the direction of the public chain. The era of the third-generation public chain that maps real assets should be linked to real value. At present, more and more public chains are gradually developing vertically towards their respective positioning goals. It is precisely because of the high heat emission of these emerging markets, resulting in congestion on the Ethereum chain, the high gas fee and slow transaction speed of Ethereum have been criticized all the time. For many people, the access threshold of Ethereum is too high, The cryptocurrency market needs a new public chain to change the current situation.

In 2021, new public chains such as layer1 represented by ETH, WAX, Flow and Solana emerged, followed by the innovation chain of layer2 represented by BSC, Ronin, Polygon and Immutable X. Under this opportunity, other public chains also follow the trend. Axie Infinity on Gamefi migrates economic data to Ronin. The new generation of innovative public chains Solana, Avalanche and Fantom have attracted a large number of users and become popular players in the public chain market war. From BSC, Polygon to Avalanche, the public chain market has ushered in a big reshuffle.

In the early days, most public chain construction ideas lacked thinking about large-scale implementation schemes, and have been developing in line with the development of Ethereum itself. Now, more public chain construction can face the market situation, consider the liquidity experience, asset locking, transaction and user data volume, ecological diversified applications, choose to find the possibility and balance of public chain development in the dimensions of market, efficiency, security and compatibility, and think about the significance of public chain scenario from multiple angles.

With the market frenzy brought by NFT, many chains specially designed for NFT have been born, such as FLOW and Refactorer. When the chain market is hot, Ethereum is no longer the dominant company. Multi-chain interconnection continues to innovate the blockchain world with constraints and balance. The stagnant traditional public chain will eventually be eliminated at an inappropriate time.

Facing the public chain world where competition and opportunities coexist, exchanges must also prematurely assume the relevant roles and tasks of public chain market construction. As a high-quality asset aggregator, BKEX has begun to carry out layout of the public chain market on it as early as the emergence of the old star public chain, such as TRON (bottom public chain with high throughput, high expansion and high reliability), AIOT (designed to build the first public chain), CXC (capital cell public chain), OXO (unbounded blockchain), MSN (multi-dimensional sustainable public chain), ARPA (secure computing network), Nium (game industry ecology) and other public chain fields.

With the change of market direction brought by DeFi, NFT, GameFi and other fields, BKEX has also synchronized the exploration of relevant blockchain public chain projects. For the decentralized financial track presented by DeFi, BKEX launched liquidity mining and innovative products, reached strategic cooperation with HECO (Huobi ECO Chain) and BSC (Binance Smart Chain) to complete the cross-chain access of platform token BKK. In addition, BKEX also listed high-quality public chain projects such as BP, PTB, AXIS, GON (Polygon), EDC, OM and TT for the first time.

BKEX always focuses on the research of early high-quality project assets and tracks the development of the public chain market. In addition to the public chain projects mentioned above, BKEX has listed many high-quality currencies such as QTUM, ONT, ADA, BTM, NEO, EOS, TRX, IOST, SOL , MOON, BEAM, ETH , KSM, MINA, FTM , WAVES and LUNA to expand the territory of BKEX public chain.

In addition, BKEX’s special research team has been constantly exploring new opportunities of the public chain in the cryptocurrency market. BKEX selects each potential public chain project with calm and careful thoughts, and gains insight into the underlying logic and economic significance of the project; BKEX makes investment decisions for public chain projects’ listing on BKEX with a rational and professional attitude; With sufficient funds as the guarantee, BKEX reasonably builds a diversified and decentralized product system to support the stable operation of BKEX platform ecosystem.

The public chain track is a very important part for exchanges, but in addition to public chains, we should also take into account the overall incubation strategy of the whole trading platform ecology. Facing the traffic war and ecological construction of the cryptocurrency market, BKEX launches a traffic aggregation plan from three aspects of height, breadth and depth: supports high-quality projects, helps distribute potential projects, strictly controls the project quality, respects the project parties and community users, and realizes diversified scene sharing.

In terms of product system, BKEX plans the market direction and project progress with its advanced strategic layout vision. As a new front-line exchange in the world, BKEX has strong capital reserves and technical strength. In addition to docking with traditional finance and launching Regular Mining, Current Mining, Seed Incubator, Tribe, etc., BKEX also has forward and reverse perpetual contract and innovative Super Contract.

In terms of security risk control, BKEX strengthens the risk control system with compound attack means, and quickly maintains the interests of the system according to the market response. BKEX is responsible to the community and platform users, ensures the interests of the project party, users and relevant roles of the platform, and maintains the safe and stable operation of the server with high transparency and continuous enthusiasm.

In terms of branding, BKEX has successively launched the “global node recruitment plan”, “BKEX Tianyan plan” and “Dragon plan” to recruit city nodes, expand influence, attract more people who agree with BKEX’s development concept, screen more high-quality partners for a long time, and introduce more high-quality talents, so that all users who join BKEX ecology can feel sincerity and confidence, and share the long-term dividend of BKEX growth.

The development of a good exchange isn’t achieved overnight and only focusing on short-term interests. The long-term balanced development is also what BKEX has always adhered to. In order to truly realize transparency, openness and impartiality, and protect the safety of users and project parties, BKEX pursues a new direction with its own differentiated route, and the continuous expansion of the public chain territory is only one step. BKEX will always keep in mind the concept of transparent trading platform and high-quality asset aggregator to provide a secure and reliable platform for project parties and users. With a stable and solid attitude, BKEX continuously expands the number of users, follows the market direction and dynamic improvement to complete basic services such as contract, OTC and financial management, goes deep into the subdivided fields of the cryptocurrency market, and never misses any innovation and development opportunity.

Whether it’s DeFi boom, NFT era, the public chain awakening war, or the animal token carnival, BKEX always takes value projects as the first listing criterion to help users grasp the potential and new star value projects more quickly, quickly respond to the cryptocurrency market, and understand the next plan and direction of the blockchain market. In the future, BKEX will always adhere to a responsible attitude, deliver high-quality project information for the cryptocurrency industry, provide asset protection for all parties involved in the platform ecology, and cultivate talents with both technology and conduct, so that everyone can feel the wealth power brought by BKEX as an excellent cryptocurrency trading platform.

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