Gemini is recognized by the industry as the greatest cryptographer, sociologist, financial scientist and full-stack engineer Hal Finney first proposed in 2014. As the first to join the Bitcoin open source project coding and the most influential leader in the Bitcoin community, Hal Finney contributed a lot of code and financial technology theories to Bitcoin. If there is no Bitcoin without Satoshi Nakamoto, then there is no Hal Finney, there is no cryptocurrency industry!
Gemini public chain
A true public chain must conform to the five major characteristics of the blockchain: 1. Decentralization 2. Information cannot be tampered with 3. Openness and transparency 4. Distributed database 5. Transparent anonymity. But did the once-popular VDS really do it? In fact, the core code of VDS is not open source, and no one can understand the situation. So in essence, it belongs to a private chain, not a public chain. Gemini's two-level proof-of-stake mechanism (BPOS) allows unlimited general nodes to supervise limited upper nodes, ensuring fairness and openness; the superstring system is a super 3-dimensional 9*N shape in the Gemini public chain ecology Blockchain relationship network. And once all the relationship networks are established, they are certified by the Gemini public chain and cannot be tampered with; the transparent mirror-based client's efficient storage access mechanism guarantees data storage while enhancing transparency. Gemini possesses the five major characteristics of public chains.
Advantages of the dual currency model
The most basic function of money is circulation. Therefore, whether it is digital currency or legal currency, it will have value only when it is circulated. Like VDS and some other projects, they are all single-currency models and need to be stored while mining. This is relatively contradictory to the basic functions of currency. The liquidity of the currency is restricted, and the value of the currency is also restricted. Moreover, the prices of VDS and CXC are linked to BTC, and there is no completely independent price system of its own. The price changes with the changes of Bitcoin, so that users' assets are easily affected by the market, and the security of assets cannot be guaranteed.
1. Gemini adopts a dual currency system. Users exchange USDT for the common currency CGC, and then store it to obtain the corresponding production capacity to mine the main currency LGC. The values of the two currencies are relatively independent and have their own price system.
2. According to Gemini's exchange tower algorithm, the value of CGC will continue to rise steadily, which guarantees the cost of user participation and will not be affected by the price change of the main currency LGC. On the other hand, it ensures that users can enter the market at any time. The threshold will not be affected by market reaction.
3. Anyone can only obtain LGC through mining, which is more fair and stable.
4. In terms of monetization, CXC is rewarded to very few contest winners and lucky winners. Gemini will all the USDT passing through the exchange tower into the block wormhole. Anyone can replace USDT from the block wormhole through the LGC dug. This realization method is more universal.
responding speed
When it comes to exchanges and rewards, I have to mention the issue of processing speed. The reason why many people missed VDS at the beginning was that it was too troublesome to operate and the speed was too slow. When the VDS first started to resonate, many people couldn't synchronize the height for several days. After all, it was difficult to synchronize. The proportion of the resonance is gone, and only one proportion can be vibrated. The problem of processing speed not only affects the user experience, but also makes many participants give up due to speed. Gemini's original BPOS mechanism can respond and confirm in seconds, while ensuring low energy consumption. Obtained a great advantage in speed.
Promotion mechanism
To be honest, the author believes that none of the existing promotion mechanisms for these projects can match Gemini. Everyone knows that the reason for the bottleneck in the promotion of VDS is that there is no binding invitation performance, which causes a large number of promoters to have no considerable continuous income and gradually loses promotion motivation. CXC's dual-track mining also has the same promotion problem. The community-based clearing method has made many people lose the motivation to promote, and promotion is more energy-consuming, and the bubble gradually increases over time. However, the Gemini promotion system is a three-dimensional triangular structure. The promoted friends are arranged by relationship and location. You promote a person, not only can you get promotion rewards, but your friends in the system can also get rewards, and you can also get other friend invitations. The fall reward. This system of mutual assistance promotion and reward method can more arouse the enthusiasm of users.
Dynamic and static mining mode
For the same project, everyone has their own gameplay. Some people like dynamic gameplay, and some people like static gameplay. However, most items on the market are in the form of dynamic and static integration, and users cannot choose their own gameplay. In the Gemini system, whether you are a static player or a dynamic player, you can choose freely. After free certification, get your own 3s code and store a certain amount of CGC to start static mining. If you want to do dynamics, then pay 10CGC to open the superstring system and mining pool and start dynamic mining. Gemini has five mining revenue methods, all of which have low thresholds, are suitable for participation by the whole people, and can meet the different mining needs of users.