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

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4 years ago

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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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Press Release

Entrepreneur-Turned-Actor Tariq Khatri Gears Up for Dual Bollywood and Hollywood Debuts

Published

8 hours ago

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October 9, 2024

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  Bandra-based business leader transitions to acting, bringing his dynamic skills to the international film stage

Los Angeles, CA – Tariq Khatri, a 27-year-old entrepreneur from Bandra, is set to make his mark on the global film industry with his upcoming debuts in both Bollywood and Hollywood. This bold shift from his successful business career to the world of acting positions him as an exciting new talent with a unique blend of business acumen and creative passion.

From Business Ventures to Cinematic Dreams

Tariq Khatri has built an impressive business career, leading large-scale infrastructure projects. His entry into the film industry, however, signals a new direction fueled by a lifelong passion for storytelling. Having managed significant ventures in the corporate world, Tariq is now channelling those skills into acting, approaching the craft with the same drive and focus that defined his business career.

In a recent statement, he shared his enthusiasm for this new chapter: “I’ve always been drawn to the world of cinema, and I’m excited to bring my experiences and perspective into acting. It’s a new challenge, but one I’m fully committed to.”

Bollywood Breakthrough and Hollywood Crossover

Tariq’s Bollywood debut is set for release next year in a highly anticipated film. While details of the project remain confidential, it involves collaboration with top-tier directors and actors in the Indian film industry. The film is expected to highlight Tariq’s versatility and bring fresh energy to the Bollywood scene, where he hopes to leave a lasting impression.

At the same time, Tariq is preparing for his Hollywood debut, starring in an international film with cross-cultural themes. This project aims to bridge the storytelling approaches of both Bollywood and Hollywood, making it a unique cinematic endeavour. The film will explore global issues, bringing together audiences from different cultural backgrounds, a feat that Tariq is particularly excited about due to his international business background.

A Fitness Advocate and Social Leader

Beyond his career in both business and acting, Tariq remains dedicated to fitness and wellness. He shares regular content on his social media platforms, promoting both physical and mental health. His focus on fitness, including bodybuilding and martial arts, reflects his disciplined approach to life, which is evident in all aspects of his personal and professional endeavours.

In addition to acting and fitness, Tariq is a passionate advocate for youth empowerment and entrepreneurship. Through various initiatives, he aims to give back to the community that has played a significant role in his growth. By encouraging young people to pursue their passions and break barriers, he continues to inspire the next generation of leaders.

What’s Next for Tariq Khatri?

As Tariq Khatri embarks on this exciting new journey in film, he brings with him a wealth of experience, determination, and an entrepreneurial mindset. His commitment to excelling in the world of acting, coupled with his dedication to social causes, ensures that his impact will reach far beyond the screen.

Fans and industry professionals alike are eager to see what lies ahead for Tariq, whose dual Bollywood and Hollywood roles mark the beginning of what is sure to be a remarkable career in the entertainment world.

To follow Tariq Khatri’s journey from business mogul to global cinema star, connect with him through his official social media channels:

Media Contact

Tariq Khatri

888-888-8888

Tariqk2011@yahoo.com

 

 

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Press Release

Zerbe Retirement Community: Over 60 Years of Compassionate Senior Care in Lancaster County, PA

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10 hours ago

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October 9, 2024

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Since 1958, Zerbe Retirement Community has been a cornerstone of compassionate senior care, offering a continuum of living options for retirees across Lancaster County. As a family-owned and operated community, Zerbe Retirement Community prioritizes the well-being and dignity of its residents, providing a homelike environment with comprehensive services. With a 60-acre campus nestled in northeastern Lancaster County, residents enjoy the benefits of rural living, complemented by easy access to surrounding urban amenities. 

Zerbe Retirement Community offers three core levels of care, ensuring that each resident receives the personalized support they need while enjoying the comforts of community living. The wide range of services spans from independent living to skilled nursing, ensuring that residents can continue to call Zerbe home as their needs evolve. 

Independent Living at Woodland Heights 

Woodland Heights, Zerbe’s premier independent living option, caters to individuals aged 55 and older who desire an active, maintenance-free lifestyle. This vibrant neighborhood of spacious homes is designed for individuals who want to embrace their independence while remaining part of a caring community. 

Residents enjoy one-floor living with plenty of opportunities to connect with neighbors through leisurely walks, bike rides, and social activities. The freedom to lead a self-sufficient life is a key feature of Woodland Heights, allowing residents to make the most of their retirement years.  

Personal Care at Harvest View 

Zerbe Retirement Community offers personal care services at Harvest View for those needing additional assistance with daily activities. Designed for residents who require moderate support, Harvest View ensures that a dedicated team of trained professionals meets all personal care needs. These services help with daily tasks such as bathing, dressing, and medication management while fostering a sense of dignity and independence. 

Harvest View stands out for its emphasis on comfort, creating a homelike environment where residents can enjoy their day-to-day lives. Residents are encouraged to participate in community activities, promoting both mental and physical well-being. The dedicated staff is available around the clock, ensuring each individual receives the attention and care they need to maintain a high quality of life. 

Skilled Nursing Care at Zerbe Sisters Nursing Center 

At the heart of Zerbe Retirement Community’s service offerings is the Zerbe Sisters Nursing Center, where residents receive 24/7 skilled nursing care. The nursing center provides comprehensive healthcare services, including long-term care, short-term rehabilitation, and hospice care, all in a nurturing environment. Residents benefit from the compassionate attention of licensed healthcare professionals who work diligently to meet their medical and personal needs. 

The Zerbe Sisters Nursing Center has earned a prestigious “High Performance” rating from U.S. News & World Report, placing it among the top-rated skilled nursing facilities in the country. This accolade reflects the facility’s commitment to providing superior care, ensuring that residents live in comfort and dignity. 

Short-Term Rehabilitation Services 

Zerbe Retirement Community also offers short-term rehabilitation services for individuals recovering from surgery, illness, or injury. These rehabilitation programs are designed to help residents regain strength, mobility, and independence, with a focus on physical, occupational, and speech therapies. The rehabilitation team works closely with residents and their families to create personalized treatment plans, ensuring a smooth transition back to their daily lives. 

A Family-Centered Approach 

What truly sets Zerbe Retirement Community apart from other senior living communities is its family-centered approach to care. From the founding days of the Zerbe Sisters Nursing Center over 60 years ago, the community has remained committed to treating every resident as part of the extended Zerbe family. The staff’s warmth, compassion, and personalized attention create a nurturing environment where residents feel valued and respected. 

Zerbe Retirement Community emphasizes the importance of holistic care, offering various activities and amenities to enrich residents’ lives. From social gatherings and recreational activities to access to local attractions, residents are encouraged to stay engaged and enjoy the full spectrum of life. 

Continuing Care for a Worry-Free Future 

Zerbe Retirement Community’s unique continuum of care model ensures that residents can transition seamlessly between different levels of care as their needs change. This comprehensive approach allows residents to age in place without the need to relocate to a different facility, giving them peace of mind knowing that they will always be part of the Zerbe family. 

Whether individuals are looking for independent living, personal care, skilled nursing, or rehabilitation services, Zerbe Retirement Community offers a variety of options to suit their needs. With its focus on quality care, family values, and community connection, Zerbe continues to be a trusted choice for senior living in Lancaster County. 

About Zerbe Retirement Community 

Founded in 1958, Zerbe Retirement Community is a family-owned and operated senior living community in northeastern Lancaster County, PA. Offering a continuum of care, including independent living, personal care, skilled nursing, and short-term rehabilitation, Zerbe is committed to providing compassionate, high-quality care in a homelike environment. With a strong emphasis on family values and resident-centered care, Zerbe Retirement Community has become a trusted name in senior living, ensuring every resident feels like part of the family. 

Media Contact

Organization: Zerbe Retirement Community

Contact Person: Dan Caffrey

Website: http://zerbesisters.com/

Email: Send Email

Contact Number: +17174454551

Address: 2499 Zerbe Rd, Narvon PA 17555

Country: United States

Release Id: 09102418220

The post Zerbe Retirement Community: Over 60 Years of Compassionate Senior Care in Lancaster County, PA appeared on King Newswire. It is provided by a third-party content provider. King Newswire makes no warranties or representations in connection with it.

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Press Release

Fotona UK & Ireland at CCR London 2024

Published

10 hours ago

on

October 9, 2024

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Fotona UK & Ireland, pioneers in medical and aesthetic laser technology, are proud to announce their participation in the upcoming CCR London event, set to take place at the ExCeL Centre on Thursday, 10th and Friday, 11th October. Renowned as one of the UK’s premier gatherings for the medical aesthetics industry, CCR (Clinical, Cosmetic, Regenerative) has long been the hub for innovation, cutting-edge research, and the latest advancements in aesthetic and regenerative medicine. This year’s event promises to bring together various professionals, including leading surgeons, practitioners, clinic owners, and industry suppliers.

Fotona, recognised globally for its breakthrough technologies in aesthetic and dental laser systems, will exhibit at Stand C20. Attendees are invited to explore Fotona’s advanced laser systems, revolutionising how clinics deliver treatments to their patients, taking results to the next level. Fotona’s laser technology is the leader in quality, safety, and efficacy, with treatments ranging from skin rejuvenation and scar revision to hair restoration, acne and rosacea treatments and much more.

This year’s CCR event is particularly special for Fotona, as it marks 60 years of Fotona in the laser industry.  A highlight of the event will be an exclusive talk by Dr. Tanja Philips in the Symposium Theatre on Friday, 11th October, from 11:15 AM to 11:45 AM. In this highly anticipated session, Dr. Phillips will share her expertise on “starting in a single room clinic to developing multiple successful practices.” Clinic owners and practitioners alike will benefit from Dr. Phillips’ years of hands-on experience, learning how to transition their practice from a modest one-room operation into a thriving multi-room clinic. This talk is especially important for those looking to expand their business while maintaining top-tier patient care and high quality service delivery.

 CCR has a long, distinguished history, sharing the brightest minds in the medical aesthetics and regenerative  fields educating all those who attend. Since its inception, CCR has been a cornerstone for professional development and networking, providing a platform for experts to exchange knowledge and insights. From live demonstrations and workshops to panel discussions and symposiums, CCR London offers an unmatched opportunity to stay at the forefront of the industry. For those in the aesthetic medical community, the event provides an invaluable opportunity to gain insight into the industry’s future, whether through technological innovations, regulatory updates, or business growth strategies.

For attendees looking to grow their clinic’s business and expand treatment offerings, visiting Fotona at Stand C20 is a must. The Fotona team will be on hand to discuss how their marketing solutions can complement Fotona’s cutting-edge technologies to drive patient growth and retention. 

Fotona has worked closely with a marketing company to ensure clinic owners benefit from industry-leading equipment like the Fotona SP Dynamis and have the marketing support needed to reach their target audience effectively. By combining advanced laser technology with a proven marketing strategy, clinics are well-positioned to offer high-quality treatments while growing their client base and increasing their clinic’s profitability.

Don’t miss the opportunity to connect with the Fotona UK & Ireland team at Stand C20, where the latest innovations in aesthetic laser treatments will be on full display. Whether you’re looking to integrate the newest technology into your clinic or seeking expert advice on scaling your practice, this is the perfect chance to gain invaluable insights from industry leaders.

For further information and to register for the event, visit Fotona UK & Ireland at Stand C20 at CCR London, ExCeL Centre, on the 10th and 11th of October 2024.

Media Contact

Organization: Fotona UK & Ireland

Contact Person: Elisabeth Thorhallsdottir

Website: https://fotonauk.co.uk

Email: Send Email

Contact Number: +441182300747

Address: 14 Winchester Rd

City: Hampshire

Country: United Kingdom

Release Id: 09102418224

The post Fotona UK & Ireland at CCR London 2024 appeared on King Newswire. It is provided by a third-party content provider. King Newswire makes no warranties or representations in connection with 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.

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