IERC20: A protocol that meets the needs of fair distribution and decentralized indexing

With the evolution of blockchain technology, the Inscription Protocol, as a part of decentralized applications, has become one of the focuses of people's attention. As an on-chain protocol, the Inscription Protocol was originally born to meet the need for fair distribution, but with development, people discovered that fairness was not completely fair, and there were security risks in centralized indexes. Currently, Unisat is promoting the decentralized indexing of BRC20, and the IERC20 protocol based on the Ethereum chain is also implementing decentralized indexing.

IERC20 ensures fair distribution through a series of innovative measures. These include setting an upper limit for the issuance of inscriptions at a single address to prevent a certain address from obtaining too many inscriptions to ensure fairness in distribution. Only the first inscription in each block is valid, preventing the issuance of inscriptions in batches and increasing the fairness of competition. The weight distribution model of position computing power and PoW computing power is introduced to solve the problem of scientists grabbing a large number of chips and further ensure the fairness of distribution. The clever combination of these strategies makes IERC20 more flexible and effective in fair distribution.

The underlying security of the Inscription Protocol directly relies on decentralized indexing. In order to improve overall security, IERC20 plans to launch an innovative decentralized indexing solution, using PoW + decentralized indexing. The benefits brought by this design include the consistency of data and code among multiple index parties, reducing the dependence on the protocol, and improving the overall degree of decentralization. At the same time, players participating in decentralized index maintenance can conduct PoW mining at the same time, making the index solution more decentralized and increasing the security of the system.

IERC is currently in the second phase of its official description, the integration phase (PoW and DPoS phases). At this stage, PoW and DPoS (Delegated Proof of Stake) mechanisms are combined to create a fairer label output model. This integrated model maintains the fairness of PoW, where rewards are based on the computing power provided, while introducing DPoS to enhance network governance and security.

After completing the integration, if the final stage is successfully reached, the IERC protocol will achieve complete modularization of PoW and DPoS in the final stage of the roadmap. This means that any user can build and customize their own PoW and DPoS scaling applications on this infrastructure, making it truly community and user-centric.In addition, the computing power of PoW will be redirected to support the construction of decentralized indexes, further improving the efficiency and transparency of the ecosystem.

The advantages of IERC20 in fair distribution and decentralized indexing bring more possibilities for ecological gameplay. This protocol focuses on balancing cost and efficiency, supports batch transfers and purchases, improves the efficiency of airdrops, IDO distribution, Dapp and exchange deposits and withdrawals, and reduces the cost of ecological interaction. By supporting split transfers, IERC20 is superior to other tokens in terms of accuracy and flexibility, and is suitable for a wider range of ecological scenarios. Its ecology has designed a variety of gameplay methods, including currency airdrops and PoW mining, providing a solid foundation for the diverse development of ecological projects. The planned decentralized indexing solution will further improve the decentralization of the ecosystem and the security of the underlying data.

IERC20 has also made significant progress in the ecological cooperation matrix. Including Sparkle, a project supported by BinanceLabs, SWAGGA, a metaverse social project, and MM3, the Marilyn Monroe IP holder, have already cooperated with IERC20. A number of well-known exchanges have also cooperated deeply with Web3 sectors such as OKX and Gate, and other partners such as Bit.Store, HeLa Space, VIP3 and MYX.Finance are also ready to go.

The first phase Staking data of IERC20 is exciting. More than 67% of Ethi was successfully pledged, and the TVL exceeded 20 million US dollars, which shows the widespread recognition of Ethi by users and their active participation in the staking mechanism. The amount of staked ETH not only demonstrates users’ confidence in the project, but also provides stronger security and decentralization features for the entire ecosystem. I believe it will attract more users to participate and inject more vitality into the ecological development of ethi.

With its comprehensive design and planning, IERC20 is expected to become a high-profile inscription ecological protocol. Through fair distribution, secure decentralized indexing and multi-dimensional ecological gameplay, IERC20 provides more possibilities for the development of the inscription ecology. With the gradual implementation of the plan, IERC20 is expected to become the leader of the inscription ecology, leading the entire industry in a more fair, secure and diversified direction!

#IERC20 #avav #ethi​​​ #erc20 #ordi

Is there still a chance for ETHI Inscription to surge by 10,000%?

In less than 2 months, ETHI has successfully increased from 60u per piece to 2850u per piece, with a market value of only 48 million. Compared with eths, there is still room for nearly ten times. Basically, everyone who pays attention will make a profit. The current project will be mined at the end of the month, and most of the mining players who will flood into the market will enter the market. Already obtained multiple project cooperation and airdrops related to Binance! Hold the currency and wait for it to rise! This week’s bottom line is 3500-5000#ethi​​​ #sats

The heyday of inscriptions is completely over, a bunch of endless whitelists, LPD. It is becoming more and more like NFT, with project teams becoming more and more PUA.
Those who take over seem to see the end as well.
A large number of projects go against the original intention of free inscription.
With the rise of ETH and L2, I have decided to temporarily switch to the EVM battlefield, from airdrops to EVM inscriptions, to fair-launch projects on EVM.
I don't play any paid inscriptions because none of them are worthwhile; they are all useless things.
Projects that tell fair narratives are easier to emerge in this bull market.
He Yiyi has said Fair mode. Why do you still play with paid whitelists? Let them go away! Reject PUA! Reject internal conflict! You'd better invest in several good projects and open multiple positions instead.
Chasing so many new inscriptions and protocols every day is exhausting.
#BTC
#ethi​​​
#币安新币挖矿
#NFP
#铭文

The core of the meme is not the project party doing things, but the passionate pursuit game. Once everyone quietly waits for the project party to do things, the meme loses its original aura. If there is expectation, there will be disappointment. Only when there is no expectation can you have more fun.
#meme币
#BTC
#BONK
#Data
#ethi​​​

#ETH/USDT #ethi​​​ Today is the weekly closing time. At present, there is no retracement at the weekly level. Pay attention to the retracement demand of 2230.88-2154.55-2068.67. If the intraday market does not break 2230.88, stay close to 2292.67 and pay attention to long orders. If it breaks 2230.88, there will be a second bottoming demand. If it does not break 2115 Mainly based on the majority

12.22 Morning News:
#SOL #INJ #ethi​​​
1. In the last phase of the auction, it was revealed that bdid, the ido project, had been shipping, and the price of bdid plummeted, even driving the entire auction mubi turt to fall together;
2. Ponzi master jaysonhu introduced the new "Federal Reserve" project mark, which is currently expected to have more than 10 times the profit, but the transaction tax is very good, check out the gameplay yourself, and don't rush blindly;
3. Memecoin on solana continues to create miracles, and sol has hit a new high this year, approaching the 100 mark; (the skyrocketing prices are all above)
4. Inj's inscription started and the battle ended in one quarter. Thanks to the project team, the battle was divided into multiple days, otherwise it would have been really short and concise;
5. eth seems to be preparing to airdrop the inscription. If you can, do it. After all, it is quite straight;
6. onfi announced a product, which is roughly similar to mubi’s route, but it is working on the entire chain. Stay tuned to see if it can replicate mubi’s trend;
7. After uppp was launched on lbank, it seems to be exhibiting with kucoin again. I hope to see kucoin’s investment. Please stay tuned. Will the two exchanges join forces to promote the market?
8. Last time, because of jealousy, someone else’s veda project was directly open sourced, and “someone” directly distributed the project. It is currently being worked on, and I look forward to a blessing;
9. The depin mutation is too popular. There was honey mobile data before, and now there is DPR. Everyone is looking for new labels, and they are hyped as soon as they are discovered. The worse the depth, the more weight they gain;
10. unisat launches arb20 wallet and trading market, marking it in one step;
11. Cake announced yesterday that 50% of the supply was burned, the price rose, and then slowly fell back. It seems that there is a lack of a value discovery process;
12. The bake baby spreads the news that the next issue of ido will use the local currency, causing the currency to keep rising before the news comes out. Please note that the bake project team will cleverly use the news to harvest leeks;
13. The currency price of gate_io dropped after rdex was launched online. I wonder if I can copy the trend of bnsx. After all, it is the first swap;
14. The brc20 inscriptions are all correcting, and the weekend is here, encountering a big surge day;

ETHI, the Ethereum inscription, has been trading sideways for almost two months. You can buy some lottery tickets when the price is right and the profit and loss ratio is right!

Since the popularity of the inscription last year, it has been adjusted back and cleaned up. The distributed index of the project will be released soon. There will be a wave of hype at that time. It has not been listed on any exchange yet. There are space risks! #ethi #ethi​​​ $ETH