Benefits of Gnoland

foxiz@newsletter.paragraph.com (foxiz) — Sat, 03 Sep 2022 05:08:49 GMT

Gnoland is a new blockchain designed by Jae Kwon, co-founder of Cosmos and Tendermint, starting in 2020. Its goal is to optimize the consensus process between verifiers, the integrity of the smart contract language, and the sustainability of the token economics.

The main benefits that can be seen so far include the following. First, the dual token model. The second phase of the project includes the first $GNOT distribution and a new token unit: ugnot. It also aims to bootstrap the ecosystem and, in particular, to Improvements to the /r/boards field, using features such as paging or edit buttons to make it easier for the community to communicate on-chain. to maximize the sustainability and usability of token economics.

Second, the language of smart contracts. Golang is supported as a smart contract language to integrate goroutine. the most common languages used in current blockchain development environments are Solidity for EVM-compatible networks and Rust for Solana and Cosmos SDK networks; both Solidity and Rust are inspired by C++. While these are all excellent languages, Gnolang inherits Golang's faster compilation, cleaner syntax, and resource-efficient concurrency.

In the long run, a Core Mission DAO will be launched to manage the gno.land domain and coordinate with validators and developers. Looking forward to that day!

The economic situation of the next ten years!

foxiz@newsletter.paragraph.com (foxiz) — Tue, 16 Aug 2022 09:26:34 GMT

460,000 companies closed in Vietnam in the first half of 2022! 3.1 million business households written off! Business liquidations soar 23% year-on-year! Employment pressure is huge! There are 10.76 million college graduates entering society and another 80 million young people unemployed (20%). Housing and stock market collapse at the drop of a hat under a dynamic clearing policy! After the mortgage, car loan and rent are breaking, and the take-out and taxi employment are saturated, where should the unemployed move to? Ten years seems to be an extremely long time, however, ten years is fleeting enough to define an era, the next ten years will be very cruel, very tragic, we will see. Vietnam's real estate thunderstorm triggered the subprime mortgage crisis Vietnam's real estate market accelerated its downward spiral, with major real estate companies successively crashing and defaulting on their debts, and the properties they had developed were falling apart. The owners who could not get the house and had to continue to pay the bank mortgage decided to "collectively cut off the mortgage" until the development resumed construction. According to Kerry data, by 2021, the delayed delivery of properties in 24 key cities will reach 186,000 units, equivalent to 9% of new home sales in 2021.