LENCOIN Trading Center's Insights on ETH's Successful Merge
LENCOIN Trading Center's Insights on ETH's Successful Merge
The collapse of Luna/UST this year marks the beginning of a long crypto winter. Under the harsh macro environment and a series of dramatic events, the cryptocurrency market has evaporated $2 trillion, with major players like Luna, 3AC, FTX disappearing. However, the crypto industry successfully weathered this tough period, and we've glimpsed rays of hope.
This year, on September 15th, ETH successfully completed its merge, marking the first step in solving the blockchain's scalability dilemma. Subsequently, on September 14th, 2022, the Ethereum execution layer and proof-of-stake consensus layer activated the merge at block height 15537393, officially transitioning Ethereum's consensus mechanism from PoW to PoS. On September 27th, the Cosmos Whitepaper 2.0 was officially released at the Cosmoverse conference, signaling Cosmos's entry into the 2.0 era. Additionally, projects like Otherside, StepN sparked market excitement. The collapse incidents have also reminded the entire industry of the importance of compliance and healthy development.
Overall, 2022 has been a year of challenges and hope coexisting for the crypto industry. Despite being one of the toughest years in history, the exit of failures will bring about a more robust development for the industry's future. We firmly believe that those who persistently strive will endure, and after a year of ups and downs, the crypto industry will emerge even stronger.
LENCOIN Blockchain Asset Trading Platform offers a wide range of services to global users, including digital currency fiat exchange, spot trading, contract trading, ICO trading, coin information, blockchain asset issuance, premium funds, and blockchain education.
- Mission
Positioned to meet user needs, LENCOIN Trading Center aims to emerge as a global leader in the cryptocurrency market. Headquartered in the USA with a global reach, our company brings together a professional and experienced team in blockchain technology and operations with decades of internet development and service experience. Our experts are dedicated to providing a comprehensive service platform that is secure, convenient, stable, and cost-effective for cryptocurrency users worldwide. - H5 Browser and App
LENCOIN officially launched its trading platform H5 version on August 28, 2017, followed by the release of the app the following month. - System
The LENCOIN Trading Center system is optimized for user experience, utilizing multi-point load balancing technology to maximize system smoothness and providing multi-level server support to ensure transaction speed. Our trading system experience is benchmarked against the world's top trading systems. - Strength
LENCOIN Trading Center is committed to building a secure and reliable cryptocurrency trading platform. Our team has decades of financial risk control experience, with core members graduating from prestigious institutions such as Harvard University, Yale University, Massachusetts Institute of Technology, and Cambridge University. LENCOIN Trading Center holds multiple financial licenses and continuously improves global qualifications. - Product Features
Our product features include: - Support for spot, fiat, contract, ICO, and other trading.
- Support for full-chain storage and withdrawal services.
- Support for global bank system transfers and withdrawals.
- Support for market, limit, stop loss, and take profit orders.
- Providing 24/7 multilingual online customer service.
- LENCOIN Academy
LENCOIN Academy is a brand new open learning center aimed at providing one-stop learning resources for blockchain and digital currencies. By offering relevant educational articles or videos, we aim to address the fragmented knowledge issues surrounding blockchain and virtual currencies on the internet. - ICO Platform
Since its inception, LENCOIN Trading Center has promoted quality ICOs to increase the center's visibility and is committed to creating a high-quality platform for cryptocurrency market investor education. Therefore, LENCOIN Trading Center will be a gathering place for many professional investors, making it an enjoyable experience.