Community Observation: 2019.11.27
Quest for Blockchain Development: The Road Is Long and the Burdens Are Heavy
Community Observation publishes insightful opinions and interesting thoughts collected from the SimpleChain community. If you have any thoughts/opinions about blockchain/crypto that you’d like to share, feel free to contact us through our Telegram group.
By 区块链小萝卜
I noticed that a lot of blockchain project teams are lacking something, either goals, directions, creativity, or a sense of urgency.
There are still a lot of issues in current blockchain technology. Some prominent issues for public chains are use cases, convenience, cross-chain technology, and how to expand ecosystems. For consortium blockchains, they need to find a way to improve access control and data security. Not to mention issues like TPS that all blockchain projects need to resolve.
Compared to consortium blockchains, there are many more problems to research and resolve in public chains. In consortium blockchains, nodes and their accesses are controlled, therefore,the completeness, openness and controllability of the blockchain are easier to handle. However, public chains are completely open, and a node cannot control the whole chain or manage data on the chain. If malicious information is written on a public chain, there’s no other way to erase it than by blocking certain content on the blockchain explorer.
If you choose to go on the blockchain path, it’s important to set goals and clarify the problems you wish to resolve. Otherwise, your efforts might not pay off.
About SimpleChain
The mission of SimpleChain is to simplify the blockchain for business.
SimpleChain is a PoW main chain with flexible sub-chains. Different sub-chains can adopt different kinds of consensus and block data structure as needed, to enable a variety of applications and use cases on blockchain. Sharding is also implemented to improve performance. This double-layered structure of one main chain and multiple sub-chains can fuel various applications while ensuring the consistency of the network.
Built on VeraxChain, SimpleChain’s first sub-chain, Baoquan.com provides record keeping services which serves to keep records of online data and authenticate electronic evidence. In June 2018, Hangzhou Internet Court of China judged a case of copyright dispute based on data stored on Baoquan.com. For the first time in China, the legal effect of the electronic data stored on blockchain is recognized in the judicial system. (News link: https://www.coindesk.com/blockchain-can-legally-authenticate-evidence-chinese-judge-rules)
Find SimpleChain at:
— -Overview — -
Website: www.simplechain.com
Whitepaper: www.simplechain.com/ims/chain/download?spm=1922.1381.010729.122&language=english
Github: www.github.com/simplechain-org
Blockchain Explorer: www.explorer.simplechain.com/
— Community — -
Twitter: www.twitter.com/SimpleChain
Telegram: www.t.me/SimpleChainEN
Medium: www.medium.com/SimpleChain
Reddit: www.reddit.com/r/SimpleChain
Facebook: www.facebook.com/SimpleChainOfficial
— -SIPC Mining & Trading — -
Wallet-Chainbox (Chinese only at the moment): download available at www.simplechain.com
Mining Client-SimpleNode (English & Chinese, can also act as a wallet): download available at www.simplechain.com
Mining Pools
1. SimPool (Chinese only): www.simpool.vip
2. MATPool (Chinese only): www.matpool.io/
3. DXPool (English & Chinese): www.dxpool.com/
Mining Guide with DXPool: https://www.dxpool.com/help/en/sipc-mining-tutorial
Mining Machine: SimpleNode X1 USB mining machine: 2M hashrate, 5W power use. Please contact @Laurenxy on Telegram if interested.
Trading
SIPC/CNT & SIPC/USDT: www.zt.com
