For more than a month, Bitcoin Inscription has led the cryptocurrency market as a leader, and the price of the currency has been rising steadily. At the same time, Bitcoin has broken through the 45,000 US dollar mark. In addition, the Bitcoin ETF is about to be approved, which has set off a new round of climax in the cryptocurrency market.

Today I’d like to introduce to you a dark horse that is about to emerge, Domino (full name), DOMI (abbreviation), which will launch its mainnet and be listed on major exchanges this year.

The original intention of developing the DOMI public chain is to solve the triangular problem that has plagued the blockchain industry, namely the coexistence of decentralization (security), scalability, and efficiency. ETH has very high security, but due to congestion, high mining fees, and inefficient TPS, few applications are now carried out on it. Most of the current DeFi is basically completed on the Binance Smart Chain (BSC), thanks to relatively low mining fees and less congestion.

The technical advantages of DOMI public chain are as follows:
1. TPS (throughput) reaches 100,000 times, which is super high speed. The intranet test of Amazon server reaches 600,000 times (there is a report);

2. Consensus mechanism POS+POT, confirmation is based on timestamp;

3. The consensus algorithm adopts FBA (Fast Byzantine Agreement), which is better than PBFT (Byzantine Fault Tolerance) algorithm;

4. Mining fees are extremely low, suitable for large-scale commercial applications;

5. Core nodes (mining) and monitoring nodes (identifying and restricting malicious activities) coexist to effectively prevent dust attacks; 6. It has its own smart contracts and virtual machines (DVM), which makes it easy to issue tokens and conduct secondary development.

DOMI public chain development progress:

1. A product launch conference will be held in Washington at 1:00 p.m. on August 15, 2021 (U.S. time). Amazon, the U.S. Federal Government Blockchain Association and other institutions will attend the conference and give speeches.

2. The main network has been developed and is in the testing phase. The blockchain browser and wallet (with built-in browser) have also been developed.

3. The decentralized exchange is under development and is expected to be completed in 2 months.

4.The DOMI public chain has completed filing with the U.S. Securities and Exchange Commission (SEC).

Business prospects of DOMI public chain:

The upcoming Metaverse will have a huge demand for blockchain, but comprehensive analysis shows that there is currently no public chain that can meet the needs of the Metaverse. Only the DOMI public chain mainnet can be suitable for Metaverse projects and large-scale commercial applications. Due to DOMI's high speed, low mining fees and security, it is bound to be adopted by many applications. The market prospects are broad and the value is immeasurable.

The Foundation has already started comprehensive actions to improve the market influence and operation of DOMI, both in terms of technology and market promotion, which have already started in Silicon Valley, USA. At the same time, community technology research and development innovation rewards are being launched one after another, and fool-proof coin issuance design and node server construction mining mode are about to debut. Someone has already formed an iron-blooded army to preach the DOMI public chain in terms of technology and commercial applications.

DOMI now has a certain number of fans, and everyone is already preaching it. With the gradual development of commercial applications, its popularity and brand will be greatly improved in the future, and its value will be truly reflected. Therefore, do not miss the opportunity to reap the huge dividends of DOMI in the future.

Meeting is destiny, knowing each other is fate, and having each other is luck. Let us work together and catch up with DOMI, the dark horse - run forward!!!

Author: Tiantangguo January 7, 2024 1:32 am