WaykiChain, Super Node Election at Chongqing Conference

in CryptoDog3 years ago
First of all, a cordial greeting to all the academic and scientific community of Steem, about the present opportunity in the WaykiChain platform, about the conference on May 9, for the election of the Super Nodes of the platform.

Image taken from the official website of WaykiChain

This May 9th, WaykiChain's Super Node Election Conference was held. In 2021, Super Node Election begins to promote the development of its decentralized and community-oriented governance architecture.

In this way Mr. Yan provided a detailed and grounded analysis of the problems of concern to the community at large and the mature solutions for them. Among them, ways to avoid the equity problems that may exist in the nodes of other public chains by using a more comprehensive election mechanism, ways to maintain and balance the distribution of rights and interests of community nodes, and ways to prevent the impact of node loss on the community, among other points.

Community Manager Chenggang Yan WaykiChain

For his part, WaykiChain CTO Long Ma started his speech with his personal experience in DeFi and explained the nature of DeFi to the guests. In short, DeFi is the combination of finance and the advantages of open and transparent blockchain. These include the use of open source for standardization and transparency of business processes, fast completion of transactions in seconds and 24-hour uninterrupted services, making the platform active 100% of the time.

For his part, Mr. Ma talked about the need for DeFi's construction of WaykiChain. Since 2019, WaykiChain has completed iterations of multiple products revolving around the DeFi concept and created the three-token model. These efforts laid the foundation for WaykiChain's DeFi development; and the core of WaykiChain's DeFi layout, i.e. stablecoins, loans and DEX, has now been completed. DeFi is a crucial part of WaykiChain's public blockchain. It plays a very important role in promoting the development of WaykiChain ecosystem.

Technical Director Long Ma WaykiChain

With Mr. Ma's explanation and analysis of DeFi in general and WaykiChain DeFi, the conference guests gained a deeper understanding of WaykiChain's core products.

Image Source

All images used by Author @Chucho27 are Public Domain.
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