All About ETH

The Elastos ETH sidechain working group community team and Chainlink will jointly integrate resources. The Elastos ETH sidechain will undoubtedly be connected to the decentralized oracle company Chainlink to aid the cross-chain balance agreement founded on the Elastos ETH sidechain. The Elastos ETH working group will use Chainlink's price reference data framework to deploy decentralized ELA/USD price feeds as the base for warranty checks on user debt collateral opportunities (CDPs), therefore ensuring a thorough and stable DeFi guarantee. An Elastos stablecoin provides the current much-needed balance to the Elastos ecosystem and the bigger DeFi room, and provide users with a reliable type of cross-chain payment and collateral that will not be suffering from market fluctuations. This integration means that programmers can put into action many forms of DeFi items through Chainlink, including trade rates for investing synthetic resources and issuing loan products, as well as non-DeFi ...

Blockchain You may want to ask what is Dapp? Imagine you are at work and your car picks up passengers outside. Imagine your computer uses its idle space to serve the world. Imagine that you can get paid for browsing the web and have ownership of your precious attention. Imagine such a world. All this is not far away. Our perception of software is undergoing a paradigm shift. Since the birth of the first cryptocurrency, Bitcoin, it has allowed us to re-evaluate our definition of Store of Value (SoV), and it also reveals a picture of the future: a decentralized application running (Dapp) on the world. These distributed, flexible, transparent and incentive software will redraw the technical landscape to prove itself to the world. Understand blockchain Before understanding what Dapp can do, we need to be familiar with its underlying technology-blockchain. In simple terms, a blockchain is a distributed ledger organized in the form of blocks and linked together through cryptographic verifica...