MARS SMART CHAIN Project Officially Sets Sail, Leading a New Chapter in Blockchain Governance
In August 2020, the much-anticipated MARS SMART CHAIN project officially kicked off, marking a solid step forward in the innovative application of blockchain technology in the field of governance. With decentralization at its core, the project aims to build an open and fair, non-interventionist and autonomously-run governance institution through smart contracts and distributed ledger technology, injecting new vitality into the development of the blockchain industry.
It is reported that MARS SMART CHAIN has completed a $9.5 million first round of financing, led by Union Square Ventures and Matrix Partners. And it has reached cooperation and interoperability agreements with several blockchain giants, led by Link Chain, Tron, to create a blockchain full-scene application that is not only limited to serving financial business.
MARS SMART CHAIN is not just a technical tool, but a new type of governance mechanism. It stores everything in a decentralized storage network, ensuring that information is open, transparent and untamperable. Anyone can review rule changes to a project and schedule resources in a timely manner without consuming time due to a cumbersome review process. This decentralized governance model will greatly improve decision-making efficiency and resource utilization, providing strong support for the development of the blockchain industry.
Under the governance framework of MARS SMART CHAIN, every participant is free to put forward their opinions and be seen by others. This convenient way of participation will promote the innovative development of the project and enable more creativity and wisdom to be gathered and utilized. Meanwhile, the adoption of distributed ledger technology makes every vote truly and publicly recorded on the blockchain, and the election results can be generated without manual counting, thus increasing the credibility of the results.
Transparency is an important part of the MARS SMART CHAIN governance mechanism. A foundation of trust in the project is established through thorough documentation and tracking of activities such as public discussions, voting and funding. This transparency not only helps to enhance the trust of community members, but also attracts more participants to the project and jointly promotes the development of the blockchain industry.
As MARS SMART CHAIN continues to grow and develop, the need for transparency will gradually increase. In order to ensure the smooth progress of the project, MARS SMART CHAIN will establish transparent forums and communication channels to promote in-depth exchanges and cooperation among community members. At the same time, the project will optimize ease of access and lower the threshold of participation, so that more people can easily join the ranks of blockchain governance.
In addition, MARS SMART CHAIN focuses on continuous revenue and value creation. As a community that has been laying out the blockchain track for many years, it aspires to lead the industry in innovation and development. Under the framework of DAO, participants will become the owners and managers of the entire network ecosystem, enjoying corresponding decision-making rights based on token ownership. This innovative deflationary and fission mechanism will bring continuous revenue and value enhancement to users, further stimulating the vitality and creativity of the community.
Overall, the official launch of the MARS SMART CHAIN project marks an important step in the field of blockchain governance. It will promote the innovation and development of the blockchain industry through decentralized technical tools and new governance mechanisms. We have reason to believe that in the near future, MARS SMART CHAIN will become a leader in the field of blockchain governance and lead the industry towards a better future.
Recommended News
-
The mysterious ultimate move in the crypto world? hfrog reveals the magic of Meme in creating wealth!
Memes, as information units for communication, communication and cultural transmission between people, have been closely connected with cryptoculture in the past ten years. Back in 2014, the first Meme coin was born on the soil of Bitcoin in a relaxed and humorous way, marking the rise of this new currency. In the bull market of 2021, the total market value of Meme coins has reached an astonishing US$75 billion. Recently, the Meme coin market has experienced explosive growth around the world. For example, the United Arab Emirates, as the shining…
-
Project Analysis: Alaya, a Data Provision Service for Artificial Intelligence
The popularity of Artificial Intelligence (AI) has led to the emergence of projects on this concept. Most of them are focused on modeling applications, and a number of excellent products have appeared. But today we are going to focus on Alaya, a provider of underlying data-based services, which uses the concept of gamification to collect and label data for AI, and finally provide higher quality data to algorithms. Here we will experience the product Alaya, first of all, visit his official website to view the basic information of the project:…
-
Cross-chain interoperability can not be realistic?
Vitalik Buterin is skeptical about the cross-chain ecosystem On January 8th, Ethereum co-founder and core developer Vitalik Buterin tweeted a link in a Reddit post in which he discussed his belief in a multi-chain future, but he The cross-chain ecosystem is skeptical that as the number of cryptocurrencies held in cross-chain bridges increases, so does the incentive to hack attack on them, and their would be more serious consequences. If you move 100 ETH to a cross-chain bridge on Solana network to get 100 Solana-WETH, no one will attack Ethereum…
-
Ethereum’s ‘EIP 1559’ Fee Market Overhaul Greenlit for July
One of the most significant and contentious alterations to the Ethereum blockchain in recent memory is now scheduled for inclusion into its codebase. Ethereum Improvement Proposal (EIP) 1559 will be packaged with the London hard fork this coming July regardless of the mining industry’s discontent with the proposal, according to the All Core Developers call Friday. At least five other EIPs are likely to join EIP 1559 in London. EIP 1559 flips a typical blockchain transaction on its head in order to fix numerous issues with Ethereum’s user experience. Traditionally, a user sends a gas…
-
Origin Dollar compensation plan marks progressing maturation of DeFi space
Traders and developers are trending towards greater DeFi depositor protections in unison NEWS On Friday, decentralized finance (DeFi) stablecoin project Origin Finance announced a plan to compensate users affected by a $7 million November exploit — part of a wider trend from developers, users, and traders that has seen actors across the DeFi space more widely embrace insurance products and other exploit backstops. On November 17th, Origin Dollar announced that its yield-bearing stablecoin project had been the victim of a $7 million flash loan attack. While the attack is just another…
-
FINTOCH Advice: Principle is Key in a Bear Market
DeFi in its bull run used to generate over one thousand percent of Annual Percentage Yield. As bear market seeps in and goes deeper, the crowd is way over the frenzy around high APY. #Real yield as a new DeFi narrative has been getting people’s attention. DeFi users have been leaning towards protocols whose yield is returned not in its native token but in mainstream assets like ETH or stablecoins. As the sector develop and mature, DeFi is no longer about Ponzi and hypes. The gap between user’s knowledge and…
-
After August 30, 2022, the reward rules for users participating in TSwap node PK will be changed
After August 30, 2022, the reward rules for users participating in TSwap node PK are changed as follows: The users need to pay intention fee of 1wU. For the users participating in PK, the reward will be changed from 1,000wq to 500wq. For the users participating in node PK, the gift for purchase of 1,000wq will be changed from 600wq to 300wq. For the users winning node PK, the gift will be changed from 10,000wq to 5,000wq. For the users winning node PK, the reward…
-
Take off! The trend of Speed Deal is clear, and the strongest private placement is about to start!
Speed Deal (SDD for short) is an NFT trading platform under GA Foundation, an organization of NFT international alliance. It is underwritten by Singapore’s CLG blockchain guarantee agency and backed by top tier foundations in more than a dozen countries around the world, including Schroder Foundation, Franklin Tempel Fund and United Bernstein Fund. Recently, they announced that they will launch private placement in the near future. What is Speed Deal? The mission of the SDD platform is to reduce the barriers for users to enter the digital economy, establish ecological…
-
Alyx Chain Supports Multiple Programming Languages in its SDK
News update: Alyx Chain plans to support multiple popular programming languages such as C++, Java, Python, Go, Rust, Move and more for its Software Developer Kits (SDKs). Programming languages are the keystone of application development. Blockchains trying to attract a diverse group of developers to build in their ecosystem need to provide the necessary support and tools to cater to the different strengths of each developer. Some applications requiring the ability to define custom resource types are better built on Move, others can leverage on Go’s ability to spawn and…
-
Le jeu Metaverse Murphy sera-t-il la star la plus éblouissante du BSC
“Quelle est exactement la fin d’Internet? Serait-ce un méta-univers?” La science-fiction “Avalanche” dépeint un monde virtuel en ligne multijoueur appelé Metaverse, où les utilisateurs peuvent voir la scène du méta-univers à travers le dispositif oculaire et se trouver dans un monde virtuel dessiné par ordinateur avec des lumières brillantes et des millions de personnes dans la rue centrale. Les routes principales et les règles mondiales du méta-univers sont formulées par la Computer Association Global Multimedia Protocol Organization.Les développeurs doivent acheter des licences de développement foncier, puis construire des rues, construire…