Press Release

EGM cross-chain protocol (loopring) realizes a decentralized zero-risk, high-liquidity asset trading model

Published

3 years ago

January 29, 2021

Entering 2021, with the continuous development of blockchain technology, various public chains, private chains, alliance chains, etc. emerge in an endless stream. Due to the increasing number of chains, the interconnection and exchange between chains is gradually being valued, so people began to develop cross-chain technology.

Therefore, in general, cross-chain technology is a bridge between chains.
There are currently four main cross-chain technologies, one is Notary schemes; the other is Sidechains/relays; the third is Hash-locking; the fourth is distributed private key control (Distributed private key control). In order to integrate the mainstream situation, we will start with the three specific blockchain projects of the 0x protocol, the EGM protocol, and the EGM protocol to discuss the similarities and differences between the cross-chain protocols!

1. Ox protocol
0x protocol, the full name is 0xProject. 0x is an open source protocol for peer-to-peer transactions to facilitate the transaction of ERC20 tokens in the Ethereum blockchain. From the perspective of most early blockchain explorers, the future world will be tokenized. The protocol is designed to serve as an open standard and common building block to promote the exchange of decentralized applications (DApps) that include exchange functions. Interoperability. The transaction is executed by the Ethereum smart contract system, which can be publicly accessed, used for free, and can be accessed by any DApp. DApps built on the protocol can access public liquidity pools or create their own liquidity pools, and charge transaction fees for their transaction volume. The agreement will not impose costs on users, nor will it arbitrarily obtain value from a group of users to benefit other users. Decentralized management is used to integrate updates into the basic protocol in a continuous and secure manner without interrupting higher-level processes.

Therefore, the 0x protocol is intended as an open standard and general building block to promote the operability between DApps. At this stage, it is mainly used in decentralized exchanges.

The 0x protocol contains four components, Makers (the person who creates the order), Takers (the person who accepts the order), Relayers (the third-party institution that hosts the ledger and matches transactions), and smart contracts. When using the 0x protocol service, you need to pay a certain fee to Relayers, and this fee uses ZRX as the designated currency. Many people know the 0x protocol, but don’t know that ZRX is the native token of the 0x protocol.

2. EGM agreement
It is also a cross-chain protocol. The EGM protocol (loopring) aims to create a zero-risk, high-liquidity asset trading model through decentralized technology. EGM also adopts off-chain matching and on-chain liquidation methods to reduce the risk of DDOS attacks during transactions.

The loop matching technology is a major feature of the EGM protocol. A dozen orders containing different types of tokens can be matched and traded in one match. Loopring provides higher liquidity and price improvement by matching orders in the form of order loops. Each ring can consist of 2 to 16 orders, and during ring settlement, tokens are transferred atomically in a circular manner.

Order sharing is another major feature of the EGM agreement. In the agreement, an order can be broadcast to multiple exchanges and then matched by multiple exchanges in parallel, so that an order can be divided into several parts and matched with other exchanges. In this way, the order will be transacted in the optimal way at the transaction speed and transaction price, which also promotes competition between exchanges to a certain extent. Like Relayers of the 0x protocol, a certain transaction fee will be charged when providing transaction services for everyone.

3. EGM agreement
The EGM protocol (EGM Protocol), 0x protocol and EGM protocol are all aimed at providing decentralized transaction services. In the EGM agreement, it created a shared liquidity pool (flp) mechanism, which it hopes to encourage decentralized exchanges to join. In this liquidity pool, you can become one of them through the equity proof mechanism. Similarly, if you provide liquidity for the liquidity pool, the system will return EGM as a reward. It should be noted that EGM also conceives of making EGM a stable currency. If EGM becomes a stable currency, then the behavior of returning EGM as a reward will be supported by more people. After all, stable currency is a hard currency in digital assets.

After introducing the 0x protocol, the EGM protocol, and the EGM protocol, the most impressive word in everyone’s mind is “decentralized exchange (so)”. This is also normal. Although these three protocols are different, they are mainly used to provide decentralized transaction services at this stage.
There are certain differences between the three.

The 0x protocol is relatively simple in the transaction process, so the efficiency is relatively high, and of course, its transaction fee is also high.
The transaction process of the EGM protocol is relatively complicated, but the loop matching method makes it more applicable, which also means that the protocol is more low-level. With continuous development and the introduction of more efficient cross-chain transactions, the advantages of the EGM protocol will be Further expansion.
The main feature of the EGM protocol is that its EGM is mainly used for rewards, not for the payment of fees like the previous two. More prominently, if EGM is successfully transformed into a stable currency, then EGM’s reward mechanism will undoubtedly shine and attract more users and service providers!
It is worth noting that the three cross-chain protocols we are talking about today are not the same kind of things as today’s decentralized exchanges. For example, the above three agreements are the underlying technical specifications, like a foundation; then the decentralized exchange is an upper-level application based on such technical specifications, like a house on the foundation.

EGM accert co.,ltd is from England. A company established by a group of blockchain enthusiasts. As early as a few years ago, the company has begun to in-depth study the various future possibilities of de-sinochemical transactions, and is determined to accelerate the future of blockchain!
Jone Berge, the team of EGM accert, quantifies transactions on the blockchain. Creatively uses advanced mathematical models to replace human subjective judgments, and uses computer technology to select multiple “high probability” events that can bring excess returns from huge historical data to formulate strategies, which greatly reduces investor sentiment fluctuations Influencing, avoid making irrational investment decisions when the market is extremely fanatical or pessimistic.

High frequency trading
Repeated and frequent transactions. Quantification The application determines the volume of each transaction. High-frequency trading is generally used in two-way trading markets. For example, during the 2015 stock market disaster, Russians used high-frequency quantification procedures to trade stock index futures, frequently doing long and short positions to obtain explosive profits.

High frequency, frequent trading. Quantify the amount of each transaction the application makes. High frequency trading is generally used in two-way trading market. For example, during the 2015 stock disaster, the Russians used high-frequency quantitative procedures to trade in stock index futures, frequently doing long and short to obtain explosive profits.

EGM and DEX

What is DEX? The full name of DEX is Decentralized exchange (decentralized exchange) is a blockchain-based exchange. It does not store user funds and personal data on the server, but only serves as an infrastructure to match buyers who wish to buy and sell digital assets. And the seller. With the help of the matching engine, such transactions occur directly between participants (point-to-point).

The centralized trading platform, because the transaction data is not on the chain, as long as there is a matching counterparty, the transaction speed is extremely fast. At the same time, the centralized trading platform has simple operation steps, low threshold for use, and can provide a wealth of trading pairs, so more users will choose centralized trading platforms, and more users will have better trading depth, which further promotes centralized trading The transaction speed of platform orders.

Because DEX transaction data needs to be chained, transaction confirmation needs to wait for miners to pack and broadcast, so the transaction speed is slow. The operation steps of DEX are relatively complicated, and the threshold for use is higher. When it comes to transactions of different blockchain assets, such as Bitcoin and Ethereum transactions, more complex cross-chain technologies are required. Many DEX trading platforms cannot be implemented, so there are fewer transactions supported than centralized trading platforms.

The EGM protocol came into being to solve this pain point. The EGM protocol is almost perfect to solve various cross-chain, and various two-way reverse confirmation, crossover and other problems.

EGM comes for the future.

About Author

Alex Jacob

Alex Jacob is a literature author. He was born in Chicago. Alex passion is writing news articles. He writes number of articles and published it.

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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.

Press Release

InteracInvestor Review – Giving Traders Up-to-Date Information and Tools

Published

19 mins ago

September 25, 2023

Cloud PR Wire

–News Direct–

InteracInvestor Review

An online broker that provides you with all the relevant information and advanced tools can help you grow your career. It ensures that you can have all the things you need to get a competitive edge over others in finding opportunities. You might be thinking that finding such type of platform can be challenging. But let me give you the good news that I have done all the hard work for you to write this InteracInvestor review.

With proper examination and thorough assessment of various online brokers, I was finally able to find one that fulfills your trading needs. Here is what you can get from the InteracInvestor.com broker platform.

Easy Sign-Up Process to Get Started with Crypto Trading

The special thing about the InteracInvestor.com trading platform that sets it apart from others is its sign-up process. Over the years, I have come across various online brokerage firms that require traders to go through a long and hectic registration process. This would mean that they would have to provide unnecessary documents. Any online broker that has a tedious sign-up process or requires you to fill out lengthy forms is a warning sign that you might incur potential problems in the future.

However, that is not the case with the InteracInvestor trading platform since it allows you to get started with the platform in a matter of a few minutes. All you have to do is provide a few basic details. Therefore, this robust trading platform helps you to enjoy a streamlined experience.

Choose the Account Type That Fits Your Needs

Another great thing about the InteracInvestor.com trading platform is that it ensures traders have the right account type that can fit their needs. The different account types allow traders to choose the one suitable for their requirements. For instance, if you are a trader who is just starting their journey, then you might want to go for the basic account. It would require a low deposit amount to get started.

On the other hand, experienced traders can go for the advanced trading account type. This will give them access to analytical tools and other features that can help them make the right trading decisions. Either way, every trader can find the relevant account type according to their preferences.

Limited Leverages for Lower Account Plans

No matter how easy crypto trading may look, it is not an easy task. A complete plan of action is required before taking any step. Therefore, traders are always looking out for ways in which they can increase the outcome of each transaction that is done. That is where leverage comes into play. They are a great option if you want to increase your transaction size and make the most out of their trading efforts. With the Interac-Investor.com broker platform, you can upgrade your account to unlock higher leverages.

Through leverage, you can increase the size of your trade without investing your own funds. You can easily borrow from this platform, which is a great method to increase returns. Although it seems a little difficult to upgrade my account, it is a highly effective method to ensure that only skilled traders are using higher leverage. Thus, this reduces the risk of financial concerns of new traders.

Get a Pop-up Notification

A frequently asked question by novice traders includes how they do not miss favorable trade opportunities. This is considered to be a legitimate concern, and I agree with it. You don't have to worry about it because the InteracInvestor broker platform would provide you with constant updates. Therefore, you can have the peace of mind that you will know what is happening in the market.

To mitigate the risk of missing any trading opportunities, the Interac-Investor broker platform offers its users a feature of instant alerts. This gives them the option to send regular updates about the market. And since the InteracInvestor trading platform has a web-based portal, you can access it from anywhere and carry out the relevant trades.

Is InteracInvestor.com Scam or Legit?

You might have this question in mind and that is why I also brought it up in this Interac-Investor.com review. There are different things that make an online crypto trading platform great. And as you can see in this review, the InteracInvestor trading platform has almost everything that any particular trader would need to make the right decisions. So, I would say that this a platform that is worth your trust.

Final Thoughts

The whole idea of writing this Interac-Investor review was to save you from the hassle of finding a platform that gives you updated information and cutting-edge tools. With this platform by your side, you can enjoy a streamlined trading journey. A secure trading atmosphere, advanced analytical features, and different asset indexes is just the thing you need to have a balanced portfolio.

Contact Details

Interacinvestor

Gregory Phillips

[email protected]

Company Website

https://www.interacinvestor.com/

View source version on newsdirect.com: https://newsdirect.com/news/interacinvestor-review-giving-traders-up-to-date-information-and-tools-339823037

Pinion Newswire

COMTEX_440925802/2655/2023-09-25T18:13:13

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Press Release

Alex Fedotoff Announces eCommerce Scaling Secrets Course For Online Businesses

Published

1 hour ago

September 25, 2023

Cloud PR Wire

Designed for marketing experts, entrepreneurs who already have some knowledge of e-commerce, and individuals seeking personalized coaching, the new eCommerce Scaling Secrets course will guide participants through product research, techniques for leveraging Facebook ads, marketing funnels, and other strategies for online businesses.

For more information, please visit https://muncheye.com/alex-fedotoff-ecommerce-scaling-secrets

With the launch of the course, founder and instructor Alex Fedotoff aims to highlight common pitfalls that e-commerce entrepreneurs often face. According to Fedotoff, as many as 90% of dropshipping businesses fail within their first year, a statistic that he attributes mainly to poor marketing funnels. As such, he has created the eCommerce Scaling Secrets program to help fellow online business owners improve their funnel strategies and increase their revenue.

The self-paced course consists of five sections, with a focus on Facebook advertisements as the main marketing method. Throughout the program, participants will learn about proper product research, store and funnel setup, and dropshipping order fulfillment. Fedotoff notes the importance of understanding the target audience, as this will allow entrepreneurs to better garner interest among their consumer base. Additional business strategies include ad placement and scaling, improving conversion rates, showcasing testimonials, streamlining the checkout process, and creating a sense of urgency through limited offers.

The course also includes live product research sessions, optimal pricing, and tips for increasing productivity and sourcing from reliable suppliers. Although the training places a heavy emphasis on Facebook, Fedotoff will hold sessions on using other social media platforms, such as TikTok, for advertisements. Participants will have access to additional programs within the main course, and they can also receive business coaching from Fedotoff and his team.

About eCommerce Scaling Secrets

The eCommerce Scaling Secrets program was founded by Alex Fedotoff following his long tenure as a successful online entrepreneur. Fedotoff is well-versed in consumer psychology and is a trusted authority in many e-commerce circles, where he provides consulting services to a number of major brands.

“The program is designed for entrepreneurs who already know a little about e-commerce and are ready to take their business to the next level,” says Fedotoff. “With my program, entrepreneurs will learn how to create highly effective sales funnels and use Facebook ads and other social media platforms to scale their businesses beyond what they thought possible.”

Interested parties can learn more or enroll in the program by visiting https://muncheye.com/alex-fedotoff-ecommerce-scaling-secrets

eCommerce Scaling Secrets

1688 Meridian Ave

COMTEX_440924281/2764/2023-09-25T17:29:05

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Press Release

New York Commercial Vehicle Magnetic Signs For Business Advertising Launched

Published

1 hour ago

September 25, 2023

Cloud PR Wire

The latest product launch brings additional advertising options to New York business owners looking to expand their local reach. Mobile promotions are particularly effective for this purpose, suggests Big Daddy’s Signs – with the ability to pique the interest of passersby and motorists across a wide target area.

For more information see https://bigdaddyssigns.com/vehicle-magnets

Using Big Daddy’s Signs’ new custom vehicle magnets, small and medium-sized brands throughout New York State can make their business more recognized. Driving around with such materials attached to their vehicles, whether cars or trucks, essentially generates continuous advertising while on the move.

Extended customization only boosts the impact of mobile advertising via vehicle magnets, advises Big Daddy’s Signs. New York companies can design magnet signs featuring their logos, mascots, brand colors, slogans, addresses, and contact details – significantly improving interest in their business in communities far and wide.

As iterated by a company spokesperson: “Having a well-designed magnet on your vehicle can create brand recognition and help your business stand out from the competition. Vehicle magnets can reach a wider audience as they can be seen by people who are out on the streets, in parking lots, or even at traffic lights.”

To further assist business owners during the design process, Big Daddy’s Signs provides access to an extensive collection of artwork templates. These can form the basis of vehicle magnet themes or serve as an inspirational starting point to help customers create signs in line with their own preferences.

Once ready, Big Daddy’s Signs utilizes an advanced digital printing process that heightens image clarity and sharpness. The better the production, the bigger the effect on onlookers, notes the company. As such, the print shop renders graphics, pictures, and text in high resolution with the intent of making signs noticeable even from afar.

Its vehicle magnets are further manufactured with an emphasis on longevity – a crucial consideration for business owners planning to brave the elements as they promote their brand. Premium-grade materials make up the bulk of the company’s signage products, including weatherproof corrugated plastic and laminate options.

“Vehicle magnets can be easily installed or removed without damaging your vehicle’s paint or surface,” says a Big Daddy’s Signs representative. “They’re also portable, so you can switch them between different vehicles to maximize exposure.”

Big Daddy’s Signs’ new personalized vehicle magnets are now available across the company’s vast New York State shipping area – from Buffalo to Binghamton and beyond.

Interested parties throughout the state can find additional information about the capabilities of vehicle magnets as described by Big Daddy’s Signs at https://bigdaddyssigns.com/2023/06/14/vehicle-magnets-2/

Big Daddy’s Signs
[email protected]
+1-800-535-2139
24 Lexington Drive