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CryptoNote protocol-based e-cash system —MKEcoin (Monke Coin)

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The successful application of Bitcoin as the first point-to-point transmission electronic cash model. Compared with legal currency, Bitcoin does not have a centralized issuer, but is generated by the calculation of network nodes. Anyone can participate in the manufacture of Bitcoin, circulate around the world, buy and sell on any computer connected to the Internet.

The original Bitcoin was just a few thousand lines of code, and the value was not reflected, but because of its decentralization and encryption, it was essentially an anti-inflation currency, because of its decentralized “mining” incentive mechanism. Coupled with the inherent scarcity of Bitcoin and the 21 million Bitcoin output cap, many people and even institutions regard Bitcoin as hard currency. This means that internal monetary policy is driving the purchasing power of Bitcoin. On the other hand, Bitcoin’s biggest innovation is the application of blockchain technology, each block representing transactions in a Bitcoin network. The more blocks, the longer the trading time, thus forming a “chain “, although this” chain “has no actual commercial value, but because of the decentralization of value demand continues to increase, prices also rise with the water.

As technology advances, it’s not a problem to replicate any more Bitcoin networks, but so far no blockchain network has been able to match Bitcoin. A lot of facts have proved that blockchain networks in the digital economy, if separated from commercial applications, mean that bubbles are made purely. The strong have been established since ancient times, and only “killer apps” can shake Bitcoin’s position, although there are inevitable defects, but it will not affect its value at all, unless emerging technologies break the balance and make this decentralized environment no longer exist, But this is not impossible, plus Bitcoin in the transaction confirmation time is slow, poor value support and other hard injuries. There is no credit endorsement from any government or institution behind Bitcoin, which is prone to deflation with obvious market ups and downs. In terms of vision, it is already a bit contrary to the initial anti-inflationary heart, and it is difficult to realize commercial applications. The contribution to the development of digital economy is insignificant. Therefore, we think that in the development mechanism of digital economy, it is more effective to introduce a new application than to permanently repair the original application without a block chain network with commercial applications. MKEcoin (Monke Coin) is also born on this demand.

MKEcoin is a subchain technique based on Monero CryptoNote protocols. MKEcoin effectively inherits the privacy, decentralization and extensibility of the main chain Monero, and its powerful expansibility alleviates the storage pressure of the main chain. With its custom DPOS consensus mechanism, it meets the needs of more DAPP and other commercial applications in the future.

MKEcoin based on CryptoNote protocols, significant algorithm differences blur blockchain transactions, focusing on private and censored boycott transactions, transactions are confidential and untraceable to ensure user information security for each transaction. CryptoNote is an application layer protocol that supports a variety of decentralized, privacy-oriented digital currencies. Its goal is to become the evolution of ideas behind Bitcoin.

Different from Bitcoin, CryptoNote transactions can not display the way money is sent or received through block links. The approximate number of transactions can be known, but the sender, receiver and actual number can not be known. the only information available is that the actual quantity is lower than the quantity shown. the only person accessing the entire dataset about a transaction is the sender or receiver of the transaction and the person with one or two secret keys; another significant difference is the CryptoNote hash-based workload proof algorithm. Bitcoin is used SHA256, It is CPU binding function. this means that participants (miners) are only limited by their computational speed, and it is relatively cheap to create dedicated integrated circuit (ASIC) devices, which will have a hash per unit of currency over the normal computer. CryptoNote use memory binding functions CryptoNight, can not easily pipeline production.

MKEcoin sub-chain technology realizes the scalability of block chain system and provides a feasible solution to block chain fragmentation. MKEcoin subchain derived from the main chain platform with independent functions of the block chain. These subchains can not exist alone and must be run through the infrastructure provided by the main chain, so the subchain inherits all the attributes of the main chain.

A significant feature of MKEcoin subchains is the ability to define their own consensus approach and execution modules. Far from being limited to the different consensus modes of the main chain, the consensus mode of the sub-chain can be POW ,PBFT ,POS ,DPOS, even the consensus mode that different industries can define themselves. Of course, the user must define the consensus engine separately to implement the task under the custom consensus mechanism. There are several advantages to this :1. The function of the subchain is greatly enriched in a flexible way. The function of the sub-chain is not only limited to the scope of intelligent contract processing, but also increases the practicability. 2. can make full use of MKEcoin main chain to quickly deploy subchains with new functions without the need to maintain the nodes needed for a separate block chain and the cost of attracting new users to participate. 3. the difficulty of deploying subchains is greatly reduced, we only need to write subchain consensus and execution module.

MKEcoin unique custom consensus mechanism and execution module, according to the needs of the application scene, quickly form a consensus module to achieve its commercial value, and MKEcoin the block speed is independent, not limited by the public chain, Can customize block speed according to application requirements to meet transaction fluency and balance.

MKEcoin sub-chain technology can not only be used as a DAPP support platform to build complex application scenarios, but also can be deployed as a common service platform to provide specific services for other sub-chains or DAPP. MKEcoin realizes the cross-chain transaction with other block chains, and more broadly, realizes the communication between block chains and other networks, forming the interconnection of all things.

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Disclaimer: The views, suggestions, and opinions expressed here are the sole responsibility of the experts. No Digi Observer journalist was involved in the writing and production of this article.

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Gramercy Networks Announces New Global Ultra-Low Latency Financial Network Connecting Major Trading Hubs

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Los Angeles, United States, August 14th, 2026, FinanceWire

New global network backbone will provide high-performance connectivity between five of the world’s key financial markets; Gramercy Networks is now accepting pre-orders from financial institutions and trading firms seeking access to the network.

Gramercy Networks LLC, a global developer of enterprise-grade telecommunications and ultra-low-latency network solutions, today announced plans to develop a new Global Inter-Market Ultra-Low Latency (ULL) Network Backbone connecting major financial markets in New York, London, Dubai, Delhi and Singapore.

The new network is being engineered specifically for the demanding requirements of high-frequency trading firms, quantitative hedge funds, market makers, investment banks and other financial institutions whose businesses depend on fast, reliable and deterministic communications between global financial markets.

Gramercy Networks is also announcing the opening of its pre-order program, enabling prospective customers to reserve capacity and participate in the network’s initial deployment. Early customers will have the opportunity to work with Gramercy Networks to identify priority financial-market destinations, capacity requirements, interfaces and connectivity configurations as the network is developed.

“This project represents the next evolution of Gramercy Networks’ global ultra-low-latency strategy,” said Garret Byrd, Managing Director. “Financial markets are increasingly interconnected, yet firms operating between North America, Europe, the Middle East and Asia continue to face significant differences in network performance, route efficiency and reliability. Our objective is to engineer these routes as a unified global network specifically optimized for the requirements of the financial community.”

Connecting Five Strategic Financial Markets

The planned backbone will create a high-performance inter-market network connecting five strategically important financial centers:

New York — Providing connectivity to the greater New York/New Jersey financial ecosystem and key financial data centers serving U.S. equities, fixed income, futures and other markets.

London — Connecting one of the world’s most important centers for foreign exchange, European equities, commodities and international financial services.

Dubai — Establishing a strategic Middle Eastern hub connecting European, Asian and regional financial markets and providing a critical transit point between Western and Asian liquidity centers.

Delhi — Providing connectivity into India’s rapidly expanding financial and digital infrastructure ecosystem and supporting institutional connectivity between India and international financial centers.

Singapore — Connecting a principal Asia-Pacific financial center supporting equities, derivatives, foreign exchange and regional trading activity.

Rather than treating these markets as individual point-to-point connections, Gramercy Networks plans to engineer them as components of an integrated multi-hub global financial network, allowing customers to connect multiple financial centers through a common high-performance infrastructure.

Engineered for Ultra-Low Latency

The network will combine optimized submarine cable systems, terrestrial fiber infrastructure and specialized Content Delivery Network (CDN) technologies to reduce unnecessary physical distance and network-processing delays.

Gramercy Networks will evaluate routes according to their actual physical characteristics rather than relying exclusively on conventional carrier routing. Engineering considerations include fiber distance, cable landing locations, terrestrial rights-of-way, optical regeneration requirements, equipment latency, network hops and the physical paths between major financial data centers.

Where technically and commercially appropriate, the architecture may incorporate dedicated fiber, optical spectrum, high-capacity wavelength services and specialized wireless technologies to further optimize individual network segments.

The objective is straightforward: move financial data between markets over the shortest, fastest and most predictable practical path, and place customer data as close to the customer premises as feasible.

A New Financial Corridor Between West and East

A central objective of the project is to create more efficient connectivity between established Western financial centers and rapidly expanding markets in the Middle East and Asia.

The London–Dubai–Delhi–Singapore corridor will be a particular area of network optimization.

Gramercy Networks believes that continued expansion of financial markets in India, the Gulf region and Southeast Asia is increasing demand for institutional-grade connectivity between these markets and established liquidity centers in London and New York.

The resulting network is intended to support applications including cross-market execution, global market-data distribution, foreign exchange trading, quantitative strategies, risk management, portfolio synchronization and other latency-sensitive financial applications.

Designed for the Global Trading Community

The network is being developed primarily for organizations with demanding international connectivity requirements, including:

  • High-frequency and proprietary trading firms
  • Quantitative hedge funds
  • Global market makers and liquidity providers
  • Investment banks and financial institutions
  • Global asset managers
  • Foreign exchange and commodities trading firms
  • Digital-asset market makers and institutional trading platforms
  • Market-data and financial technology providers

Customers will be able to engage Gramercy Networks for individual inter-market connections or broader multi-market network configurations connecting several financial centers.

Pre-Orders Now Being Accepted

Gramercy Networks is now accepting pre-orders and expressions of interest for capacity on the new network.

The pre-order program is intended for organizations that anticipate requiring ultra-low-latency connectivity between two or more of the planned markets and want to participate during the network’s development and initial deployment phases.

Early customer engagement will help Gramercy Networks prioritize capacity, data-center connectivity, market destinations and route requirements. Customers with significant capacity or specialized network requirements may also work directly with Gramercy Networks on customized configurations.

Organizations interested in reserving capacity or discussing connectivity requirements are encouraged to contact Gramercy Networks.

About Gramercy Networks

Gramercy Networks LLC is a global investor and developer of enterprise-grade telecommunications technology and network solutions specializing in high-performance and ultra-low-latency connectivity.

The company designs and develops custom networks and global connectivity solutions with particular expertise in the requirements of financial institutions, trading firms, market makers and other technology-dependent organizations.

Gramercy Networks’ capabilities include global network design and implementation, fastest-path route planning, dark fiber acquisition and provisioning, optical and wireless network solutions, data-center and colocation connectivity, outside-plant consulting and investment in advanced network technologies.

For additional information about Gramercy Networks and its services, visit gramercynetworks.com.

Pre-Order & Project Inquiries

Gramercy Networks LLC

1800 North Vine Street, Los Angeles, CA 90028

About the Project

Network: Global Inter-Market Ultra-Low Latency Network Backbone

Primary Markets: New York • London • Dubai • Delhi • Singapore

Target Customers: HFT firms • Market makers • Quantitative funds • Investment banks • Asset managers • Financial technology companies

Services: Dedicated high-performance connectivity • Ultra-low-latency routes • 10G/100G/400G capacity • Customized CDN financial networks

Commercial Status: Pre-orders and expressions of interest now being accepted

Contact

Managing Director
Garret Byrd
Gramercy Networks LLC
info@gramercynetworks.com

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Press Release

AquaChain Advances Its Web3 Vision for Verifiable AI Infrastructure Ahead of AQUA’s Upcoming Listing

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The emerging Web3 infrastructure initiative outlines an incentive-driven model connecting verified cooling performance with Efficiency Credits and the future utility envisioned for AQUA.

Cayman Islands, 14th August 2026, AquaChain is advancing its vision for an incentive-driven Web3 ecosystem designed to connect verifiable liquid-cooling performance with digital participation across AI data centers and semiconductor facilities, as $AQUA prepares for an upcoming exchange listing.

At the foundation of the proposed ecosystem is AquaChain’s verification framework, which is being developed to transform cooling-performance metrics into provable digital evidence. The project combines IoT telemetry, cryptographic verification, and blockchain infrastructure with the aim of making real-world cooling efficiency more verifiable and auditable.

As AI workloads and advanced semiconductor manufacturing increase compute density, liquid cooling is becoming increasingly important to next-generation infrastructure. AquaChain is exploring how measurable cooling performance can become the foundation for a digital incentive economy tied to real-world infrastructure.

From Verified Performance to Efficiency Credits

The proposed first stage of AquaChain’s incentive model centers on Efficiency Credits, non-transferable points designed to recognize validated participation and measurable improvements in cooling performance.

Under the proposed framework, activities such as improving Water Usage Effectiveness (WUE), recovering waste heat, increasing water recycling, and maintaining reliable cooling operations can contribute to an operator’s Efficiency Score and associated rewards.

The approach is designed to establish measurable infrastructure performance and verification before progressively expanding the ecosystem’s digital incentive layer.

AquaChain’s longer-term roadmap also explores a marketplace where verified efficiency data could support green-compute commitments, waste-heat offtake and sustainability-related applications—creating potential economic value from infrastructure performance that is traditionally treated as an internal operational metric.

Building Toward $AQUA Utility

As the ecosystem develops, AQUA is designed as a utility-focused digital asset within AquaChain’s broader Web3 vision. The project’s roadmap envisions future utility across network incentives, verifier participation and staking, governance, and marketplace activity as the ecosystem develops.

This phased model is designed to connect trusted infrastructure data and verified real-world performance with digital incentives and broader ecosystem participation.

Creating an Efficiency Marketplace

AquaChain’s longer-term roadmap also explores an Efficiency Marketplace where verified infrastructure performance could support green-compute commitments, waste-heat offtake and sustainability-related applications.

Rather than placing sensitive operational telemetry directly on-chain, AquaChain’s proposed hybrid architecture keeps raw infrastructure data off-chain while allowing cryptographic proofs and efficiency information to be recorded on-chain.

Through this model, AquaChain aims to connect AI infrastructure, liquid cooling, IoT, blockchain and DePIN, creating an ecosystem where digital participation can be linked to measurable physical performance.

$AQUA Exchange Listing Ahead

As AquaChain continues developing its ecosystem, $AQUA is preparing for an upcoming exchange listing. Further details regarding the exchange, trading availability, and related announcements will be shared through AquaChain’s official channels.

The upcoming listing represents one element of AquaChain’s broader Web3 roadmap, while the project’s longer-term focus remains on building infrastructure that connects verifiable cooling efficiency with digital incentives and ecosystem participation.

About AquaChain

AquaChain is an emerging blockchain infrastructure initiative focused on making liquid-cooling efficiency verifiable, auditable, and economically meaningful across AI data centers and semiconductor facilities. Its proposed framework combines IoT telemetry, cryptographic verification, blockchain infrastructure and incentive mechanisms with the long-term vision of transforming cooling efficiency into a provable digital asset for the AI infrastructure economy.

Website: www.aqua-chain.com
Whitepaper: https://aqua-chain.com/whitepaper
Telegram: https://t.me/aquachain_official

 

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Press Release

MEXC’s August 2026 Proof of Reserves Confirms User Assets Fully Backed as Reserve Ratios Remain Above 100%

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Mutsamudu, Comoros, August 14th, 2026, Chainwire

MEXC, a pioneer in 0-fee digital asset trading, has released its August 2026 Proof of Reserves (PoR) report, audited by Hacken, showing that reserve ratios for all major assets remained above 100%, with the BTC reserve ratio reaching 288%. This report reflects MEXC’s robust financial position and its continued commitment to safeguarding user assets.

Amid a broader wave of consolidation across the crypto exchange industry in 2026, MEXC continues to stand out by releasing monthly Proof of Reserves reports independently audited by Hacken, allowing users to verify at any time that their own assets are fully accounted for within the platform’s reserves.

According to the audited report, the BTC reserve ratio is 288%, covering 4,282.20 BTC in user assets. The USDT reserve ratio is 115%, covering 1,691,925,884.19 USDT in user holdings. The USDC reserve ratio is 114%, covering 170,998,567.28 USDC in user holdings. The ETH reserve ratio is 113%, covering 58,457.33 ETH in user holdings.

Beyond PoR, the MEXC Futures Insurance Fund — which reached 751 million USDT as of its latest disclosure — absorbs losses from liquidations triggered by extreme market conditions, helping ensure user positions are not improperly liquidated. The MEXC Guardian Fund is a dual-reserve structure combining USDT and BTC. It is planned to expand from $100 million to $500 million over the next two years. MEXC employs a multi-layered security framework designed to protect user assets across different levels of the platform. This includes AI-driven risk monitoring, regular security audits, and round-the-clock multilingual customer support.

MEXC will continue to disclose PoR monthly and further strengthen user asset protection measures to provide users with a secure and reliable trading environment.

To view the latest Proof of Reserves snapshot and audit report, please visit the MEXC Proof of Reserves page.

About MEXC

MEXC is the world’s fastest-growing cryptocurrency exchange, trusted by more than 40 million users across 170+ markets. Built on a user-first philosophy, MEXC offers industry-leading 0-fee trading and access to over 3,000 digital assets. As the Gateway to Infinite Opportunities, MEXC provides a single platform where users can easily trade cryptocurrencies alongside tokenized assets, including stocks, ETFs, commodities, and precious metals.

MEXC Official Website X TelegramHow to Sign Up on MEXC

For media inquiries, please contact MEXC PR team: media@mexc.com

Risk Disclaimer

This content does not constitute investment advice. Given the volatility of financial markets, including digital assets, tokenized assets, and traditional financial products, investors should carefully assess market conditions, underlying asset fundamentals, and potential financial risks before making any investment or trading decisions.

Contact

MEXC PR team
media@mexc.com

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Disclaimer: The views, suggestions, and opinions expressed here are the sole responsibility of the experts. No Digi Observer journalist was involved in the writing and production of this article.

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