Dora Network Weekly Report 2018–11–26 to 2018–12–02
Published in
2 min readDec 4, 2018
Summary of the week:
Designed Dora Network wallet, and researched decentralized exchange protocol and Bancor technology.
1) Dora Network Wallet Design
- Designed Dora Wallet. Design diagram is as follows:
2) Considerations on Crosschain Technology and Decentralized Exchange Protocol
- DEX can solve the core trust and security problems in the transaction, but there are three major problems: DEX lacks cross chain capability; its transaction speed is too slow, and transaction depth is not enough. For details, please refer to:
Dora Network’s Perspective & Adoption on DEX
Current status of DEX (Decentralized Exchange)
medium.com
3) Bancor Mechanism and Penalty Design
- Penalty is based on Bancor protocol, which uses DNT as its connector token, CW<50%. Every time the miner completes the work, the penalty is calculated according to the Bancor agreement, and the number of completions will gradually increase.
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