$ICX The ICON Foundation Board unanimously approved its first ICX buyback plan. The new ICX buyback plan authorizes the foundation to repurchase up to $5 million of existing circulating ICX.

What unique technical features does RVN Raven Coin have?

1. Hybrid Mining Algorithm: RVN uses the X16R algorithm, which is a new computational method that mixes 16 different mining approaches, designed to resist the impact of professional mining machines, avoid monopolization by miners, and is friendly to GPU mining.

2. Asset Issuance and Burn Mechanism: When assets are issued, RVN must be burned, and each asset name is unique, giving RVN deflationary properties.

3. One-click Dividend Sending: As a built-in feature, issuers can easily send token rewards or dividends to holders in the form of RVN.

4. Information Transmission and Voting Rights: Asset issuers can send messages directly to holders through the main chain protocol, while holders enjoy voting rights, which can be transferred and delegated.

5. Decentralization and Community Promotion: RVN is a highly decentralized project, with no pre-mining or ICO; all tokens are produced by mining, and project governance is driven by the community.

RVN Raven Coin occupies a place in the digital currency field with its unique technical features and decentralized design philosophy.

RVN (Ravencoin), also known as Ravencoin, is a cryptocurrency that focuses on asset tokenization. It can be likened to a messenger pigeon, which is responsible for the task of transferring assets, such as stocks and other digital assets. The characteristics of RVN are decentralization and community co-construction, just like an autonomous city-state without a ruler, where everyone can participate in management and maintenance.

The core technology application of RVN is to help creators and business owners to safely issue and transfer assets, such as securities, collectibles, gold, etc. This function gives it a practical application scenario. Although the price of RVN is volatile, it has recently shown some growth trends. Some netizens believe that RVN has great investment potential due to its unique technology and application scenarios.

Although RVN has certain investment potential, it also faces many risks and uncertainties. First, the market value is relatively low and the liquidity is good, so there are more retail investors, which is not conducive to the main pull. Secondly, the market competition is fierce, and the overall stability of the cryptocurrency market is also a factor that cannot be ignored. In addition, the supply of RVN is large, and a large number of RVN coins are still mined and put into the market every day, which also affects its market price.

‌What is the relationship between Qtum and Ethereum?

‌Qtum (Quantum Chain) Positioning‌: Qtum is positioned as the third blockchain ecosystem outside of Bitcoin and Ethereum, committed to combining the advantages of Bitcoin and Ethereum and enhancing compatibility‌.

‌Technical Features‌: Qtum realizes peer-to-peer value transfer through the value transfer protocol and supports decentralized application development platforms in multiple industries. Technically, Qtum adopts modular consensus mechanisms, such as IPOS, and is based on the two major ecosystems of Bitcoin and Ethereum, taking into account the security of Bitcoin and the flexibility of Ethereum‌.

‌Although Qtum and Ethereum have technical similarities, Qtum is not directly called "Chinese Ethereum". However, Qtum has an important position in the field of blockchain in China, and is known as the three swordsmen of Chinese blockchain together with NEO and EOS. However, Qtum's laboratory is located in the United States and is one of the largest blockchain projects in the world‌.

In summary, Qtum is an independent blockchain project and has no direct relationship with Ethereum, but Qtum is inspired and influenced by Ethereum in technology and application.

The biggest fear in trading cryptocurrencies is encountering coins like Luna that are manipulated by institutions. When they rise, they can soar to the heavens, but when they fall, they can drop to zero instantly, which is something an ordinary person cannot withstand.

In my opinion, even if you make money from these coins, it's actually a loss; because from the perspective of your inner thoughts, your logic of making money is result-oriented.

Making money means it's a good coin, losing money means it's trash; the short-term impact is minimal, but in the long run, there will be many flaws, and even huge losses may occur.

For example, the ICX coin, which is known as "Ethereum" in South Korea. Holding it long-term yields benefits, and the fluctuations do not cause panic. It has established a blockchain alliance in fields such as banking, securities, and insurance in South Korea, providing cross-field blockchain ID, payment, and trading distributed application services.

The rational part is: it has fallen for too long, it should have risen. The irrational part is: the rise has been too short and the amplitude too large.

Why did Luna, one of the two major Korean public chains, collapse, but ICX did not?

‌The main reasons for Luna's collapse include fatal flaws in its algorithmic stablecoin mechanism, imbalance in supply and demand, and investor panic. ‌

Luna is an algorithmic stablecoin whose mechanism is to maintain price stability through the swap of Luna (LUNA) and TerraUSD (UST). However, this mechanism has fatal flaws. When the market price of UST is higher than $1, users can exchange $1 of Luna for 1 UST for arbitrage; conversely, when the price of UST is lower than $1, users can exchange UST for $1 of Luna for arbitrage. This mechanism is prone to price fluctuations when there is an imbalance in market supply and demand, and eventually leads to a collapse. ‌

In contrast, ICX coin (Icon) does not adopt a similar algorithmic stablecoin mechanism, so it avoids similar risks. ‌Technical implementation of ICX coin‌. ‌ICX coin is based on the Interstellar Alliance Chain (or ICON Network), a decentralized blockchain platform designed to solve the interoperability problem between blockchains. The ICON network uses the BFT-DPoS (Delegated Proof of Stake) consensus protocol to ensure the security and stability of the network.

The stability and market performance of ICX coins are relatively good, and there has been no collapse similar to Luna. The mechanism and purpose of ICX coins are different from Luna, so its market performance and risks are also different.

In addition, Luna's collapse is also related to its high annualized yield model. Terra offers an annualized yield of up to 20% through the Anchor Protocol, attracting a large number of users to invest in UST. However, this high-yield model is difficult to sustain, which eventually led to Luna's collapse.

In summary, Luna's collapse is mainly due to the defects of its algorithmic stablecoin mechanism, the imbalance of market supply and demand, and the difficulty of sustaining the high-yield model. Due to its different mechanism, ICX coins have not experienced similar risks, so they are relatively stable.

The fluctuations in the crypto world are terrifying, those with weak hearts should not play!!

Take the classic example of Luna. You have 10,000 Luna, and last night its value was 1 million USD. You wake up and suddenly it has turned into 700,000 USD. You think to yourself, after so many years in crypto, it's only a 30% pullback, UST has only depegged by 10%, I believe in DoKwon, so you confidently go back to sleep.

The next day you wake up, and Luna has dropped to 10,000 USD. At this point, you feel that it has already fallen by 99%, it shouldn't drop any further, right? If you don't buy the dip now, when will you? So you sell everything you have, desperately gathering 200,000 USD, hoping to take advantage of the dip and buy 200,000 Luna. As a result, you can't sleep at all, constantly monitoring it, hoping it will rebound, but you watch helplessly as the price drops from 1 USD to 0.1 USD, then to 0.000001 USD, and finally gets delisted. In just three days, your 1.2 million USD has turned into an amount not even enough for a breakfast.

If you want to play, play with ICX coin, it won't budge for years.

ICX coin, also known as ICON, is referred to as "Ethereum" in South Korea. This project is so good, too many people have joined, and the main force can't pull it up.

1. The project background is excellent: The ICX project was initiated by South Koreans, benchmarking Ethereum, aiming to achieve interconnection and transactions between different blockchains through a "Blockchain Transmission Protocol", making it one of the better cross-chain public chains.

2. The technical characteristics are outstanding: It uses BFT-DPoS consensus protocol and DPoC economic supervision protocol, capable of processing hundreds of transactions per second, with processing speeds far exceeding Ethereum, ensuring the integrity and transparency of data and asset transfers.

3. Applications and implementation are remarkable: It has established blockchain alliances in various fields such as banking, securities, and insurance in South Korea, providing cross-domain blockchain ID, payment, and transaction distributed application services.

4. Market performance: The price and market value of ICX coin fluctuate very little according to market conditions, making it a stable investment suitable for conservatives, while speculators face a high risk. As a national-level blockchain project in South Korea, ICX is supported by the government and has a wide range of application scenarios and decentralized characteristics.

ICX coin holds an important position in South Korea's blockchain field, being hailed as South Korea's Ethereum, but its price fluctuations are not as large as Ethereum.

The main reasons why Koreans like trading cryptocurrencies include the solidification of social classes, economic pressure, and the high returns and speculative opportunities offered by virtual currencies.

Firstly, the solidification of social classes in Korean society makes it difficult for young people to change their social status through traditional means. The competition in education is fierce, and it is hard to break through social classes, creating an environment that leaves young people feeling frustrated and powerless; virtual currencies become a new way for them to change their fate. In the age of the internet, the speed of information dissemination is extremely fast, and young people quickly learn about the legendary stories of their peers becoming wealthy overnight through cryptocurrency trading, igniting their enthusiasm.

Secondly, the South Korean economy is highly dependent on exports, particularly in industries like electronics and automobiles. Changes in the global economic situation, such as the economic downturn of major trading partners or the strengthening of trade protectionism policies, can lead to a decrease in South Korea's exports and a deterioration of trade balance, which can trigger the depreciation of the Korean won. This economic environment makes Koreans pay more attention to investment opportunities, and the high returns and speculative opportunities of virtual currencies attract a large number of investors.

Additionally, the high participation of South Korean investors in the cryptocurrency market and their aggressive investment tendencies are also important reasons for the kimchi premium phenomenon. South Korean investors show a strong interest in high-risk investments, especially in the cryptocurrency market, where they prefer low market cap and highly volatile altcoins. This aggressive tendency leads to inefficiencies in the South Korean cryptocurrency market, further driving the kimchi premium phenomenon.

In general, the reasons Koreans like trading cryptocurrencies are multifaceted, including the solidification of social classes, changes in the economic environment, and the aggressive tendencies of investors, among others. These factors work together to make virtual currencies a popular choice in South Korea.

What is the market value shrinkage of Luna and ICX coins, both of which are Korean public chains?

The market crash of Luna coin

Luna coin experienced a severe crash in May 2022, leading to a significant decrease in its market value. Specifically, Luna coin reached a peak price of $119 in April 2022, with a market value of $41 billion (approximately 270 billion RMB). However, on May 11, the price of Luna coin plummeted from $31 to $0.6, almost bringing its market value to zero, resulting in heavy losses for many investors. Subsequently, the price of Luna coin further declined, and by May 17, 2022, the price had fallen to $0.00018.

The market value shrinkage of ICX coin

In terms of the overall cryptocurrency market situation, ICX coin was also affected by the market crash. In May 2022, the cryptocurrency market as a whole suffered a heavy blow, with many cryptocurrency prices plummeting and market values shrinking significantly. As part of the cryptocurrency market, the price and market value of ICX coin were also impacted. However, the final price or market value of ICX coin only declined by thirty percent, making it one of the coins with a smaller decline in the crypto market at that time.

The impact of Luna coin's crash
The crash of Luna coin had far-reaching effects on the cryptocurrency market.

Market impact: The crash of Luna coin triggered a decline in the entire cryptocurrency market, with the total cryptocurrency market value dropping by $600 billion in just six days, leading many large institutions to bankruptcy.
Legal consequences: The founder of Luna coin, Do Kwon, was sued by the U.S. Securities and Exchange Commission (SEC) for alleged fraud and ultimately reached a settlement with the SEC, paying a fine of $4.5 billion. Additionally, South Korean prosecutors issued a red notice for Do Kwon, allowing member countries of Interpol to execute an immediate arrest.
In summary, both Luna coin and ICX coin suffered significant losses in the crash of May 2022, with the crash of Luna coin having a profound impact on the cryptocurrency market, while ICX coin was affected by Luna coin but to a lesser extent.

How secure is QTUM coin?

1. Consensus Mechanism Guarantee: QTUM adopts the DPoS (Delegated Proof of Stake) consensus mechanism, which enhances the security and stability of the blockchain, helping to avoid malicious attacks and data tampering.

2. Robust Technical Architecture: QTUM reuses the underlying architecture of Bitcoin and the Ethereum Virtual Machine (EVM), combining the security of Bitcoin's UTXO model with the flexibility of the EVM, ensuring the robustness of the system.

3. Decentralized Features: QTUM is committed to building a decentralized financial ecosystem, reducing third-party interference, and increasing the security and credibility of the system.

4. Numerous Nodes: QTUM consistently has thousands of full nodes online, making it the third-largest decentralized public chain network in the world by the number of full nodes, further enhancing the security and stability of the network.

In summary, QTUM coin has a relatively reliable guarantee in terms of security, but investors still need to pay attention to market dynamics and technological developments to make informed investment decisions.

What is unique about QTUM coin (Quantum Chain)?

‌1. Technology integration‌: QTUM combines the UTXO model of Bitcoin and the smart contract function of Ethereum. It combines the advantages of the two through account abstraction layer technology, providing developers with richer development tools and platforms.

‌2. Consensus Mechanism‌: QTUM adopts the DPoS (Delegated Proof of Share) consensus mechanism, which improves the security and stability of the blockchain while reducing energy consumption.

‌3. Strong compatibility‌: QTUM supports multiple ERC token types and is compatible with the Ethereum Virtual Machine (EVM), allowing smart contracts on the Ethereum platform to be easily migrated to QTUM.

‌4. Scalability‌: QTUM has developed its own X86 virtual machine to provide more efficient execution performance, and plans to implement Layer 2 extensions, such as Lightning Network, to increase throughput and speed.

‌5. Wide application‌: QTUM is committed to building a decentralized application development platform that supports multiple industries. Several projects have been built on QTUM, involving the Internet of Things, prediction markets, medical and other fields.

These unique features give QTUM significant advantages and potential in the blockchain field‌

What are the privacy protection features of DASH?

‌1. Mixing technology: DASH uses mixing technology to obscure transaction paths by blending users' DASH with other users' DASH, making it difficult to trace transactions and link them to specific individuals, achieving anonymous transfers.

‌2. Decentralized operation: The DASH mixer operates within the DASH blockchain network without the need for third-party institutions, allowing users to interact directly with the mixer through digital wallets, control their assets, and avoid the risks of centralized platforms.

‌3. High-security technology: Utilizing advanced encryption technology, multi-signatures, and smart contracts to ensure transaction security, ensuring that only users holding the private key can access and control digital assets.

‌4. Delayed transactions and decentralized storage: By adding random delays to transaction requests, the timeline of transactions is disrupted; using decentralized storage methods to save transaction records enhances data security.

How to use the privacy protection features of DASH

1. Participate in Coin Mixing: Users can choose to participate in coin mixing services with DASH funds, utilizing CoinJoin technology to mix multiple users' transactions, achieving the concealment of fund movement.

2. Decentralized Payments: After mixing, funds will be sent one by one to the user's new addresses, and the payment process is random, making it difficult to trace.
Advanced Privacy Options:

3. Delayed Transactions: Users can choose to send transactions at different time intervals, obscuring the transaction time and enhancing privacy.

4. Customizable Mixing Ratio: Users can set mixing ratios according to their privacy needs, allowing for flexible configuration.

5. Encryption Technology: Advanced encryption algorithms are used to protect the privacy of transaction data.

6. Decentralized Operation: Operations are conducted directly on the DASH blockchain network without the need for third-party institutions, reducing risks.

Currently, the mainstream decentralized storage platforms on the market include Arweave, Filecoin, and Storj, providing a data storage method that does not rely on a single central control point, contrasting with traditional cloud storage services. Arweave focuses on long-term or permanent storage, adopting a one-time payment model; Filecoin and Storj establish a blockchain-based storage market, offering flexible storage solutions. Arweave incentivizes miners through an 'effective data mining' mechanism, while Filecoin ensures data storage through proof of replication and proof of space-time. Arweave's storage operations are simple, while Filecoin and Storj cater to specialized markets and traditional cloud storage users, respectively. The future development prospects of decentralized storage are broad, especially in the areas of data decentralization, anti-censorship, and applications in AI.

Decentralized storage is a method of data storage that does not rely on a single central control point. This method contrasts with traditional centralized storage (such as traditional cloud storage services like Amazon S3 or Google Cloud), which is typically managed by a single enterprise or organization.

Mainstream Decentralized Storage
Currently, the mainstream decentralized storage available on the market includes Arweave, Filecoin, and Storj. They each have unique characteristics and design philosophies:

Arweave focuses on long-term or permanent data storage.

Filecoin provides a decentralized market similar to traditional cloud storage, supporting flexible storage needs.

Storj emphasizes providing decentralized cloud storage services that ensure security and privacy protection.

All three platforms use blockchain technology, but their application scenarios, technical implementations, and payment models differ, making them suitable for different types of storage needs.

Three anonymous coins, a big comparison of anonymity

‌XMR, DASH and ZEC anonymity comparison‌

‌XMR (Monero): ‌Highest anonymity‌. It uses the CryptoNote encryption engine to hide transaction details, including the sender's identity and transaction amount, ensuring that third parties cannot obtain information. It is popular on the dark web due to its excellent security, but it has also attracted the attention of law enforcement agencies‌.

‌DASH (Dash): ‌Wide global scope‌. It uses smart anti-hacking protocols and random data generation mechanisms, and transaction traces are cleared after using the smart privacy function. It covers 187 countries and more than 3,000 companies accept payments‌.

‌ZEC (Zerocoin): ‌There are many restrictions on the use of anonymous functions‌. It uses the Zerocash encryption protocol to ensure complete security of transactions, but transaction details are hidden, payment scenarios are limited, and relatively poor confidentiality‌.

In summary, XMR performs best in anonymity and is the most anonymous privacy coin among the three.

ICX and Luna are both star blockchain projects from Korea, but the ICX project is more reliable.

Project Background and Strength: ICX is the flagship project of The Loop, a Korean blockchain giant, issued by the Swiss non-profit ICON Foundation, possessing strong background and strength. In contrast, Luna has less information regarding its project background. Aside from the announcement of the founder's information, there is no relevant information.

Technology and Application: ICX adopts a high-performance, scalable loopchain protocol, supporting smart contracts and cross-chain interaction, with a rich array of application scenarios. Although Luna also supports decentralized financial applications, it may not be as comprehensive in technology and application scenarios as ICX. The total supply of ICX coins is limited, making it a scarce asset.

Luna coins, as Terra's platform token, support the issuance of TerraSDRs stablecoins and the price stabilization mechanism, while also participating in network governance. Users can exchange Luna tokens for TerraSDRs stablecoins to ensure price stability. However, Luna has an unlimited total supply, which can lead to infinite inflation at any time, posing a risk of collapse in a short period: Luna coins performed strongly in the market before May 2022, with prices skyrocketing from a low of $0.12 to $119.5. However, the price subsequently plummeted by over 99%, almost reaching zero, causing a huge shock to the market.

Ecosystem and Partners: ICX has connected with several banks and securities companies in Korea, forming a large ecosystem. This extensive partnership provides a stable development foundation for ICX. In contrast, Luna has relatively less mention in terms of ecosystem construction. Luna coins are the tokens of the Terra platform and were previously used for stablecoin issuance, price stabilization mechanisms, and network governance, but the market confidence was severely impacted after the crash.

Market Performance and Potential: Despite the volatility in the cryptocurrency market, ICX, with its innovative technology and solid community support, demonstrates strong vitality. In contrast, Luna's market performance may be more volatile and uncertain.

Why did Vitalik support OMG?

The main reasons why Vitalik supports OMG are as follows:

First, the technical background and project positioning of OMG attracted Vitalik's attention. OMG, or OmiseGO, is a public financial technology based on Ethereum that can be used in mainstream digital wallets to achieve real-time peer-to-peer value exchange and payment services across jurisdictions and organizational islands. Its goal is to create a decentralized payment network that allows people to transfer and pay without banks, supports transactions of digital currencies and legal currencies, and transfers are almost instant. This decentralized payment solution is innovative and practical in the blockchain field, which is in line with Vitalik's pursuit and recognition of technology.

Secondly, the team strength of OMG and the support of the advisory team are also important reasons for Vitalik's support. Omise, the parent company of OMG, was founded in 2013 and received more than $17 million in Series B financing led by SBI in 2016. In the same year, it was named a "financial technology star" by Forbes magazine. In 2017, Omise and Alipay launched an e-wallet to help local Thai e-commerce merchants accept online payment transactions from Chinese tourists. In addition, the advisory team of OMG Coin includes Joseph Poon, the initiator of the Lightning Network, Gavin Wood, the founder of the Polkadot project, and Vitalik Buterin himself is also an advisor to the project‌12. Such a team background and advisory lineup undoubtedly increase Vitalik Buterin's confidence in OMG Coin.

Finally, Vitalik Buterin's recognition of OMG Coin is also reflected in his detailed analysis and positive evaluation of the project. Vitalik Buterin wrote a special article on Twitter, stating the three reasons for being optimistic about OMG Coin: it is not a medium of exchange, it has a clear valuation model, and it is necessary to run nodes to obtain income rather than passive income. These reasons show that Vitalik Buterin has a deep understanding and recognition of the technology and economic model of OMG Coin‌.

In summary, Vitalik Buterin supports OMG Coin because its technical background, team strength and in-depth understanding of the project are in line with Vitalik Buterin's investment philosophy and technical pursuits.