How can NEST holders get the ETH incomes from the NEST oracle system?
17 Aug 2020 | 06:43 am
The NEST Protocol allows NEST holders to claim ETH incomes from the NEST oracle system. The process is as follows: In the DApp, click the [Income] button to enter the [Token Income] page, select your NEST token or other nToken. Authorize first, then deposit NEST tokens.
DeFi Insurance Design: Always Start from General Equilibrium to Reduce Systematic Arbitrage
14 Jul 2020 | 03:52 am
On March 1, 2020, Odaily, a professional media platform for blockchain, and nestfans, an enthusiast of NEST (NEST is a distributed oracle machine), had a deep dialogue on the development trend of the DeFi insurance industry. NEST fan: "The solution is not to provide more insurance. Even if more insurance is provided, it will also be incorporated into the whole arbitrage system by arbitrageurs."
Miners’ Delegation Risk
02 Jul 2020 | 09:00 am
After the birth of Bitcoin, a special industry emerged — mining. The nodes that complete nonce calculations and package blocks, called miners. Every transaction we make on Bitcoin is recorded by these miners. Since miners have the right to keep ledgers, they naturally have a lot of influence on the Bitcoin system.
The Inspiration of COMP: on Incentive and FCOIN
26 Jun 2020 | 08:26 am
Compound started to distribute COMP on June 15 through governance proposal 007, and initiated the token distribution mechanism of “loan mining”. Compound’s total market value exceeds that of MakerDAO, becoming the project with the highest market value of DEFI. This leads to the comparison between Compound loan mining and FCOIN liquidity mining.
Ethereum Value Capture — either Asset Pool, or Oracle
15 Jun 2020 | 04:13 am
Ethereum makes the on-chain information open and transparent, but how to capture the value (to charge fees) is still an issue for DAPP developers because the code is open source, the information is visible, and the cost of being copied is almost zero. What unique value does a contract provide and on what basis can it be charged?
12 Jun 2020 | 07:09 am
NEST token is the native token of the decentralized price oracle network NEST protocol. NEST token uses a unique “quote mining” mechanism to motivate that the off-chain price is directly generated on-chain. Miners provide price quotes and pay commissions to receive NEST tokens.
the Limitations of Blockchain
06 Jun 2020 | 06:35 am
The current blockchain structure is not as omnipotent as we think. Consensus process takes up a lot of time, both computing hash and communication mean the loss of efficiency. As blockchain ledgers are backed up by everyone, from the perspective of storage, this causes a huge waste of resources.
The Victory of “a Deal”
01 Jun 2020 | 05:48 am
Blocking attacks are attacks that occupy the block with transactions, so that the transactions of others cannot be packaged. The two ways to clog a block are to use one large transaction with a high gas price, or to use a combination of large transactions with a low gas price. Large transactions are ones that fill the entire block as much as possible with a gas limit of 10 million.
The Wallet Paradox — A Roadblock in the Development of DAPP
31 May 2020 | 09:33 am
Bitcoin wallets are essentially a private key management tool that can be released on the Internet without updating. Users need security, while developers cannot afford the “loss” caused by insecurity. If a bug in the wallet may cause that the assets which were originally transferred to the A address were transferred to a B address, it may be a disaster for many people. But anyone can use this bug to create a false "loss"
Will Mining Pools be First Regulated? — On External Incentive and New Structure
30 May 2020 | 11:23 am
The internal incentive of the mining pool is to maximize the mining revenue, including the ETH dug, as well as the ETH obtained from packaging transaction records. The external incentive is the value target and its distribution within the scope of the contract agreed by the principal and agent. The mining pool can maximize its own interests only by maximizing the interests of the miners, which naturally maximizes their interests.
[HBTC x Nest AMA] Why Nest is a Better Oracle?
25 May 2020 | 12:00 pm
HBTC Exchange has launched NEST Protocol, a price oracle system that uses market game theory to generate the price of the off-chain market on the chain synchronously through the two-way quotes of miners, and combines the NEST quote-mining mechanism to incentivize the miners. Miners bring their own recognized market price while mining and pledge bilateral assets for this value.