Community Observation: 2019.11.28
Some Stats
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 哈耶克的八爪鱼
Since the cryptocurrency market took a downturn in 2018, the whole blockchain industry has taken a hit.
According to statistics, in China, although the number of registered blockchain companies is increasing, however, there are less newly registered blockchain companies this year than in 2017 or 2018. Up until March 2019, there are 5,867 companies in China registered with “blockchain” in their names.
Although the growth in number of blockchain companies is slowing down, China has always been supportive of the development of blockchain technology. Up until July 2019, 18 provinces/ municipalities have released blockchain-related policies.
In 2018, blockchain security incidents have caused losses of 2.25 billion RMB. However, in the first half of 2019, losses caused by blockchain security incidents amounted to over 0.7 billion, a sharp decrease than 2018. Improvements in security measures contributed to this, but the biggest reason is still the decrese in prices of cryptocurrency.
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
