Dear Dcoin users
Recently, Chia network (XCH), a mining project in the storage market, has been in high demand. In order to better practice and implement the purpose of serving users and share the dividend of blockchain industry with users, Dcoin will soon open XCH futures trading. detail as follows.
- Future trading of XCH/USDT will be opened at April 27 7:00 (UTC)
After the transaction is opened, you can trade XCH/USDT in the spot trading area. XCH (Chia futures) does not support token Deposit/Withdrawal service temporarily. After the main network of Chia supports transfer, Dcoin will open the Chia network Deposit, Withdrawal, trading and other services at the first time, and convert XCH to the user's account. Please pay attention to the latest announcement for the specific opening time.
What is Chia futures trading?
Futures trading is a way of trading across time. Both parties agree to cash in a certain period in the future. Futures trading is mainly a service for the projects that the main network is not online or the transfer function is not turned on. It aims to meet the investment needs of users in the market and avoid missing investment opportunities. Futures trading is totally different from spot trading. As a kind of voucher, futures does not support withdrawal. Platform users can convert to spot at a certain time in the future through this voucher.
In view of the fact that there is no real XCH token in circulation on the market, in order to let more investors hold every investment opportunity, Dcoin now cooperates with high-quality Chia mining pool to launch XCH/USDT futures trading service. After XCH/USDT futures trading is opened, users can buy and sell XCH futures through Dcoin. After Chia network supports the transfer function, the platform will assist cooperative mining pool to convert XCH futures into real XCH tokens on Chia network to investors.
Cooperative Mining Pool
In order to better ensure the delivery of futures transactions on schedule, Dcoin will continue to track and research the projects of multiple storage public chains from the aspects of technical strength and mining cost, adhering to the spirit of blockchain, and strictly select the global top distributed storage project pool for cooperation, so as to further improve the iterative update of blockchain distributed storage technology, The main features are as follows:
[high standard machine room configuration]
The mining pool is located in export processing zone, Hanjiang District, Yangzhou. The data center is built according to the national A-level and international T3 standards. The total area of the computer room is about 13,000 square meters. It is the largest cloud computing center in East China.
[high quality network resources]
The total export bandwidth in the region is 8000G, including 6000G for IDC and 200G for Metropolitan area Network, directly connecting to Nanjing node, one of the nine core nodes in China. It can provide 10,000 m export resources. By the end of 2022, it will be expanded to 10,000G, including 600G of core exports of Jiangsu Province (directly connected to provincial core node), 7,400g of IDC private network exports and 2,000G of MAN exports.
[stable power system]
High capacity and density power supply design: single cabinet can provide 16 / 20A power supply; Local cabinet can provide 30A and more power supply;
High reliability power supply: cabinet double-bus power supply (color physical difference); Online intelligent distribution cabinet.
[cost effective mining pool]
Chia could mining products have high configuration and fast P disk speed.
[7 * 24 efficient operation and maintenance]
7 × 24 real time monitoring of operation, business continuity plan developed by data centre, to ensure that all preparatory work, accidents and recovery measures are completed within the scheduled time, and equipped with a full range of emergency measures to ensure the normal operation of cloud computing center.
Chia network aims to provide a more sustainable blockchain protocol for global financial and payment systems. It has a newly developed and innovative programming language for blockchain. Chialisp is an excellent development environment for smart transaction chain, increasing the security, transparency and ease of use of cryptocurrency. Chia network pioneered the proof of space and time mechanism, that is, to use the excess disk space in the world to replace the ASIC hardware that consumes a lot of power and has single purpose for verification and transaction, and finally realize the green and low energy consumption of decentralized services.Details
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