Blockchain
LBank Exchange Will List Chives Coin (XCC) on November 19, 2021
Internet City, Dubai–(Newsfile Corp. – November 18, 2021) – LBank Exchange, a global digital asset trading platform, will list Chives coin (XCC) on November 19, 2021. For all users of LBank Exchange, the XCC/USDT trading pair will be officially available for trading at 20:00 (UTC+8) on November 19, 2021.
Drawing 1: LBank Exchange Will List Chives coin (XCC) on November 19, 2021
Since the birth of cryptocurrencies such as bitcoin and Ethereum, the discussions of environmental pollution and energy wasting caused in their mining process have never stopped. As a completely decentralized, no reservation, no ICO, and community autonomy green cryptocurrency, Chives coin (XCC) can create a low-power, green and environmentally friendly blockchain system. The XCC token will be listed on LBank Exchange at 20:00 (UTC+8) on November 19, 2021, to further expand its global reach and help it achieve its vision.
Introducing Chives Coin
Chives is an eco-friendly blockchain based on proof of space and time (PoST) without pre-mine and ICO. It’s not affiliated with Chia Network Inc., but is built on Chia’s outstanding open source code. As a hard fork created by community volunteers, in order to prevent large mining pools from dominating, Chives uses a combination of PoST and proof of service (PoSE).
Farmers of Chives can use free hard disk space to mine 90% of Chives openly, fairly and transparently. The income of Chives farmers is proportional to the amount of allocated space. If a farmer has 10 times more space, the farmer will get 10 times more rewards. Chives is proof that modern blockchains can be eco-friendly, safe, and effective at the same time.
What Chives Offers
The Chives project pays special attention to the development of an eco-friendly blockchain, as well as related technological products. The Chives network supports a token issuance mechanism similar to ERC-20 and supports an NFT issuance mechanism similar to ERC-721. At the moment, the project has already developed its own Chives Swap exchange, a web wallet, and a marketplace for selling pets for the future NFT game.
The game will directly promote the application and popularization of core products such as “stable coins (USDT), tokens (ERC-20), NFT (ERC-721), automated exchanges (AMM), and mobile wallets” on the Chives blockchain. This greatly contributes to the growth and popularization of the Chives network and will bring various ecological designs on the Chives blockchain to a new level.
The entire Chives is based on the Chia branch, adding an asset mortgage, community autonomy, budget review and other functions. 90% of chives are allocated to miners and the remaining 10% is allocated to participants who contribute to the Chives community ecosystem. Chives upholds the spirit of openness and open source, and encourages people from all walks of life to work together to promote the development of Chives.
The goal of the Chives project is to create an independent community and a global decentralized payment network using its own cryptocurrency, called Chives or XCC, as the main payment method. The XCC token will be listed on LBank Exchange at 20:00 (UTC+8) on November 19, 2021, investors who are interested in Chives coin investment can easily buy and sell XCC on LBank Exchange by then. The listing of XCC on LBank Exchange will undoubtedly help it further expand its business and draw more attention in the market.
Learn More about XCC Token:
Official Website: https://www.chivescoin.org
Twitter: https://twitter.com/chives_project
Telegram: https://t.me/chives_network
Listing Announcement on LBank Exchange: https://support.lbank.site/hc/en-gb/articles/4409594129177–Chives-coin-XCC-will-be-listed-on-LBank
About LBank Exchange
LBank Exchange, founded in 2015, is an innovative global trading platform for various crypto assets. LBank Exchange provides its users with safe crypto trading, specialized financial derivatives, and professional asset management services. It has become one of the most popular and trusted crypto trading platforms with over 6.4 million users in more than 210 countries around the world.
Visit us on social media:
Facebook
Twitter
LinkedIn
Contact Details:
LBK Blockchain Co. Limited
LBank Exchange
[email protected]
To view the source version of this press release, please visit https://www.newsfilecorp.com/release/104188
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Blockchain
Blocks & Headlines: Today in Blockchain (BlackRock, Plume, SEALSQ, Hedera, Deutsche Bank, KuCoin)
Blockchain technology continues to drive innovation across industries, reshaping finance, infrastructure, and philanthropy. Today’s news roundup explores exciting developments in blockchain ETFs, tokenization funding, quantum-resistant chips, public blockchain initiatives, and impactful social projects. Here’s a deep dive into the latest blockchain headlines:
BlackRock ETF Embraces Blockchain with First Muni Bond Purchase
BlackRock’s blockchain-focused ETF has made its first foray into municipal bonds, signaling increased confidence in integrating blockchain technology with traditional finance. The ETF’s strategic investment demonstrates how blockchain can enhance transparency and efficiency in bond markets.
By tokenizing municipal bonds, BlackRock aims to simplify trading and settlement processes while reducing associated costs. This development underscores the growing role of blockchain in transforming financial instruments and fostering greater market accessibility.
Source: Yahoo Finance
Plume Secures Funding for Tokenization Platform
Blockchain fintech company Plume has raised significant funding to advance its tokenization platform. The company’s innovative approach enables businesses to convert real-world assets into digital tokens, streamlining asset management and unlocking liquidity.
Tokenization is rapidly gaining traction as a game-changer in sectors such as real estate, art, and commodities. Plume’s success reflects a broader trend of investment in blockchain solutions that bridge the gap between traditional assets and decentralized technologies.
Source: Fortune
SEALSQ and Hedera Partner for Quantum-Resistant Blockchain Chips
SEALSQ and Hedera have announced a groundbreaking collaboration to develop quantum-resistant chips designed to secure blockchain infrastructure. These advanced chips will provide robust protection against future quantum computing threats, ensuring the integrity of blockchain networks.
As quantum computing capabilities evolve, safeguarding blockchain ecosystems becomes increasingly critical. This partnership highlights the importance of proactive measures in maintaining the resilience and trustworthiness of decentralized systems.
Source: The Quantum Insider
Deutsche Bank’s Public, Permissioned Blockchain Initiative
Deutsche Bank’s Layer 2 blockchain solution is set to go public and operate as a permissioned network, according to its tech partner. This initiative aims to strike a balance between accessibility and security, leveraging blockchain to streamline financial services and enhance operational efficiency.
The decision to adopt a public, permissioned model reflects a growing trend among enterprises seeking to harness the benefits of decentralization while maintaining control over sensitive data. Deutsche Bank’s approach could serve as a blueprint for other financial institutions exploring blockchain adoption.
Source: CoinDesk
KuCoin’s “Light Up Africa” Initiative Brings Hope to Thousands
Cryptocurrency exchange KuCoin has made a significant impact through its “Light Up Africa” donation ceremony in Ghana, benefiting 36,000 children across the continent. The initiative combines blockchain technology with philanthropy to address energy poverty and support education.
By leveraging blockchain for transparency in charitable contributions, KuCoin sets an example of how the crypto industry can drive meaningful social change. The project demonstrates the potential of blockchain to empower communities and foster sustainable development.
Source: PR Newswire
Industry Implications and Key Takeaways
Today’s developments highlight the transformative potential of blockchain across multiple domains:
- Integration with Traditional Finance: BlackRock’s ETF underscores the synergy between blockchain and established financial systems.
- Tokenization Trends: Plume’s funding success reflects the growing demand for digital asset solutions.
- Quantum-Resistant Technologies: SEALSQ and Hedera’s partnership addresses emerging cybersecurity challenges.
- Enterprise Blockchain Adoption: Deutsche Bank’s public, permissioned network showcases the adaptability of blockchain in financial services.
- Social Impact: KuCoin’s philanthropic efforts illustrate blockchain’s capacity to drive positive societal outcomes.
The post Blocks & Headlines: Today in Blockchain (BlackRock, Plume, SEALSQ, Hedera, Deutsche Bank, KuCoin) appeared first on News, Events, Advertising Options.
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