goldberg herbert wholesale jewelry co DEX decentralized transaction, focusing on the long -tail market of digital assets

Sophie

November 25, 2022 at 7:10 pm

jewelry making products wholesale In the traditional commercial market, 20%of products bring 80%sales and 100%profits. This is the so -called 2/8 rule, but the long -tail theory breaks the traditional 2/8 principle. The long -tail effect has spawned a new long -tail market. In the niche market, consumers need to be satisfied with personalization, and new market rules are being established. The number of products is increasing, and the increase of users can choose to release the needs of users and the sales of long -tail products to occupy more and more market share. The value of the long -tail market appears.
The increase of consumers at any time, and the increase in marketing methods at the same time. Consumers can also choose from the goods that could not be bought before. A large popular product is not the only choice for consumers. This has led to a long -tail market.
It today, the long -tail market can be seen everywhere in any industry. Whether it is the digital industry market or the physical industry market, the long -tail market has appeared. The choice of users is no longer just a popular product. commodity.
The real flash point discussed in this article is to provide a long -tail market for digital assets.
It's business perspective, the decentralized exchange model is simple, it only needs to bear the main asset custody, matching transactions and asset liquidation. There is no need to bear the non -trading functions that need to be assumed like a centralized exchange such as account system, KYC, fiat currency exchange, etc. The account of the user on the blockchain is the identity, and there is no need to register the personal information to the exchange. Therefore, there is no personal information security problem or KYC. The biggest difference from the centralized exchange is that all this is implemented through open source smart contracts, and asset custody, matching transactions, and asset liquidation are placed on the blockchain. Intelligent contracts solve the risk of internal operation risks, commercial ethics risks, and asset theft caused by centralized exchanges. User's custody assets can be freely transferred without anyone who requires approval, and it is safely guaranteed. Since the user's account key is controlled in their own hands, the success of hackers depends on the security awareness and habits of personal accounts.
In the problem of solving the technical framework of the underlying technical framework of the contract:
1, all assets and transaction operations of the decentralized exchange are matched on the blockchain chain, so the blocks are often subject to the block chain. The impact of the confirmation speed of the chain itself takes about tens of seconds to confirm the transaction on Ethereum, which is not friendly for the user experience. However, the contract continent optimizes the trading chain. It can only deploy finance and derivative products. His matching is a concentrated bidding match with wallet points paid on the chain. Read data directly with the chain, and the matching speed is higher than 3000TPS. So the experience is completely like the centralized exchange.
2, the transaction cost will also be affected by the transaction cost of the blockchain itself, so the transaction cost will become high for small transactions. The platform currency of the contract continent decentralized exchanges is equivalent to trading fuel costs. Unlike the GAS cost of Ethereum, he is a very cheap trading fuel currently requires about 2 % of the CLC of about 0.03 for each transaction. , Basically, you can ignore it.
3, due to the low processing performance of the blockchain network transaction, it cannot handle real -time transactions of large and transaction. In essence, he is not a technical level. It includes technical security, funding security, and a whole provision of surrounding derivative services. This is from my perspective. It is a explosive technology that meets him. The contract continent is a core node of these technologies, because he can cross BTC, ETH, USDT, and solve the process of the head transaction of the core traffic. 80%, or even more than 90%, then the traffic of other token transactions is actually very small. Therefore, this type of transaction technology cannot collapse the chain, in fact it has no profitability. How to solve the problem of liquidity, the contract mainland is actually a decentralized financial platform, which is the DEFI of this year's fire. In fact, he has solved a many mortgage pledge of a lot of multi -chain assets, including some complicated financial derivative contract business need. There is a complete decentralized financial application ecosystem. Because of supporting multi -chain, he can provide a more extensive transaction of an off -the market with a wider period of power products and a circulation of this business. Therefore, the contract continent is the primary choice of other financial DApps, which has attracted rich external traffic, and promotes growth together in this ecology.
4, of course, there are real disadvantages. Users themselves need to have sufficient security operation knowledge about the account of the account to ensure sufficient safety. Otherwise, the account is lost and the stolen will often occur. This cannot be avoided through technology and products to avoid this phenomenon through education and training before using products.
It for easy reading, the following terms will be replaced in English.
dex: decentralized exchanges
CEX: one of the most obvious uses of the most obvious use of the blockchain is that it can perform transactions without permission and non -custody assets. Generally speaking, the way to achieve this purpose is to "dispersed" or "decentralized exchange" through "decentralization exchange" or "decentralized exchange".
Although many DEXs are constantly emerging, compared with most CEX, there are only a few people using DEX. (Binance alone can top 1,000 times the volume of four major DEX transactions. These four main DEXs are Uniswap, KYBER, 0X).
If the decentralized exchange is really a future trend, why is the data so ugly? Why does this phenomenon happen?
The author's assumption is that the market of DEX is actually much smaller than people expect. DEX is true flash point to provide a long -tail market for digital assets.
Because at other times, most people prefer to trade on a centralized exchange. (People are more willing to choose convenient and fast services.) The so -called digital asset long -tail market should be: tokens or markets that do not support the centralized exchange.
This tokens are either too small or risky, or a very competitive exchange tokens.
Ti small finger is tokens below a certain transaction threshold, which refers to those tokens with low transactions.
The high risk refers to tokens that do not have high supervision and high risk.
The competitiveness refers to those tokens issued by different exchanges, and their interests are conflict.
The tokens that meet the above three characteristics are Leo issued by Bitfinex.
The only CEX that supports Leo is Bitfinex itself, and they are the issuers of tokens themselves. When LEO was just launched, the trading volume was very sluggish (the daily transaction volume was only about 5 million US dollars).
It in terms of regulatory policy, Leo does not support US investor purchases (BITFINEX can change the ratio of white paper or repurchase Leo every month at any time. Determination).
The platform currency of LEO and other exchanges at the same time is in a competitive relationship. No CEX is willing to put the tokens issued on other CEXs to generate a transaction right because you cannot know that they are in their own centralization In the system, whether to use non -existent coins to perform malicious operations. Therefore, when American investors want to get Leo, they can only pass two ways, OTC or DEX.
The market that does not support is either a new transaction (such as early ETH), or in a new trading scenario (such as games or applications, such as points, game equipment, virtual pets, etc.).
This to tokens that these markets do not want to support those CEXs may appear insignificant in the early stage.
But over time, if these markets can serve or meet the needs of most people, they will become important. (Let's give a realistic example. For example, the initial Ethereum does not have much fiat currency value, and the outbreak of the value of the fiat currency is at ICO).
DEX provides speculators with some different services: richer types of digital assets and more markets.
The reason, they do not need to compete with the mainstream old CEX. Those emerging CEXs are their competitive objects. Because the emerging CEX can compete with DEX in more (currency) markets, these CEX may be in a weakness.
because traders are facing these high -risk tokens and markets, they want to use non -state -owned transactions to ensure the security of their digital assets. Therefore, the future success of the decentralized exchange is closely related to the future success of the long -tail market of the digital assets. (The tail of the long -tail market needs to be long enough).
If you imagine the future that Bitcoin occupies the leading market, then people can use the token with equity and functions to become very small, and the existence of DEX will not be important. (According to the previous text, most people prefer to conduct mainstream token transactions on CEX)
but if you imagine a future with millions of different token, many people will use different different people to use different different people. Tokens to obtain different services and rights. Even if these token markets only exist in the long -tail of the market, going to DEX is already very successful.
and we can completely unable to rule out the possibility of DEX as the mainstream:
1. If the device of DEX's transaction depth and liquidity exceeds CEX.
. The pressure of supervision forced centralized exchanges to migrate to DEX (reference to Binance).
3. Innovation outside DEX, create a huge local encryption user base.
For example, based on web3 -based applications, DEX can be used as a convenient exchange interface in games and applications. (Remove DEX as a concept of a decentralized exchange, the original intention of "DEX" is a decentralized exchange. Small decentralized exchange interface/plug -in will replace the existence of decentralized platforms. It is more like a facilitation value exchange exchange for value exchange的快捷工具而不是平台。rn 就我身边听到的一些关于DEX所最常见的论点是（按人们所提及的频率来进行排序）：rn 1.非保管性交易， The user's funds are all in their own hands (reducing the risk of being attacked by hackers, the project party rolls money to run the road). R n 3. The broaden tokens market.
but I dare to bet on the important factor of Dex's future. The above three points should be reversed.
The broad market As a tool for fleeing capital, the final guarantee of the transaction is a care of a few talents.
I. I think many people will not agree with this view, what do you think?
about leo:
In fact, LEO has been launched on mainstream CEXs such as OKEX, Gate, ZB. As a generation of stable currency USDT, the Bitfinex behind it has also launched USDC, USDK and other trading currencies. What about the community?
Why can't it be CEX for the long -tail market:
The project party is actually unwilling to cooperate with CEX, because they cannot fully trust CEX and prevent them from doing evil. In addition, on the CEX If the currency does not have the bottom line, whether it is a user or the market, it will be reduced to speculative tools, which will be a series of chain effects.
Deduading exchange is more suitable as a small interface, such as the famous team just to make P3D, decentralized exchange is more like a plug -in to convert P3D and ETH values. That is, the author's assumptions proposed by DEX in the future, as parts of the application. It provides users with more transaction depth of the currency market, not only limited to the exchange scenario of a single currency. It is more appropriate to use the platform. Whether it is a decentralized exchange or a decentralized exchange, they can provide users with funds. Security.
The long -tailed market is not easy to do:
The difficulty is how to connect the long -tail market. For example, it involves some markets that need to cross -chain interaction, so the labor costs needed will be very high .
If a distributed business architecture system, or a new type of transaction matching algorithm, then it is completely subverting the existing centralized business model, which is more like a new human social civilization . There are also some DEX embrace supervision (such as the Whale Stock Exchange, their users involve the KYC problem), so this DEX is difficult to Become a tool for tax evasion and capital to escape.
The technology and market are in a state of parallel, and the centralization efficiency is much better than decentralization, and the safety is always the needs of a few people. It is also the easiest point for DEX to achieve. How to design a self -driven DEX may be a good direction.
Reference materials: tonySheng.Substack/P/Niche-Markets-Most-Likely-Driver

1 thought on “goldberg herbert wholesale jewelry co DEX decentralized transaction, focusing on the long -tail market of digital assets”

Sophie
November 25, 2022 at 7:10 pm

jewelry making products wholesale In the traditional commercial market, 20%of products bring 80%sales and 100%profits. This is the so -called 2/8 rule, but the long -tail theory breaks the traditional 2/8 principle. The long -tail effect has spawned a new long -tail market. In the niche market, consumers need to be satisfied with personalization, and new market rules are being established. The number of products is increasing, and the increase of users can choose to release the needs of users and the sales of long -tail products to occupy more and more market share. The value of the long -tail market appears.
The increase of consumers at any time, and the increase in marketing methods at the same time. Consumers can also choose from the goods that could not be bought before. A large popular product is not the only choice for consumers. This has led to a long -tail market.
It today, the long -tail market can be seen everywhere in any industry. Whether it is the digital industry market or the physical industry market, the long -tail market has appeared. The choice of users is no longer just a popular product. commodity.
The real flash point discussed in this article is to provide a long -tail market for digital assets.
It's business perspective, the decentralized exchange model is simple, it only needs to bear the main asset custody, matching transactions and asset liquidation. There is no need to bear the non -trading functions that need to be assumed like a centralized exchange such as account system, KYC, fiat currency exchange, etc. The account of the user on the blockchain is the identity, and there is no need to register the personal information to the exchange. Therefore, there is no personal information security problem or KYC. The biggest difference from the centralized exchange is that all this is implemented through open source smart contracts, and asset custody, matching transactions, and asset liquidation are placed on the blockchain. Intelligent contracts solve the risk of internal operation risks, commercial ethics risks, and asset theft caused by centralized exchanges. User's custody assets can be freely transferred without anyone who requires approval, and it is safely guaranteed. Since the user's account key is controlled in their own hands, the success of hackers depends on the security awareness and habits of personal accounts.
In the problem of solving the technical framework of the underlying technical framework of the contract:
1, all assets and transaction operations of the decentralized exchange are matched on the blockchain chain, so the blocks are often subject to the block chain. The impact of the confirmation speed of the chain itself takes about tens of seconds to confirm the transaction on Ethereum, which is not friendly for the user experience. However, the contract continent optimizes the trading chain. It can only deploy finance and derivative products. His matching is a concentrated bidding match with wallet points paid on the chain. Read data directly with the chain, and the matching speed is higher than 3000TPS. So the experience is completely like the centralized exchange.
2, the transaction cost will also be affected by the transaction cost of the blockchain itself, so the transaction cost will become high for small transactions. The platform currency of the contract continent decentralized exchanges is equivalent to trading fuel costs. Unlike the GAS cost of Ethereum, he is a very cheap trading fuel currently requires about 2 % of the CLC of about 0.03 for each transaction. , Basically, you can ignore it.
3, due to the low processing performance of the blockchain network transaction, it cannot handle real -time transactions of large and transaction. In essence, he is not a technical level. It includes technical security, funding security, and a whole provision of surrounding derivative services. This is from my perspective. It is a explosive technology that meets him. The contract continent is a core node of these technologies, because he can cross BTC, ETH, USDT, and solve the process of the head transaction of the core traffic. 80%, or even more than 90%, then the traffic of other token transactions is actually very small. Therefore, this type of transaction technology cannot collapse the chain, in fact it has no profitability. How to solve the problem of liquidity, the contract mainland is actually a decentralized financial platform, which is the DEFI of this year's fire. In fact, he has solved a many mortgage pledge of a lot of multi -chain assets, including some complicated financial derivative contract business need. There is a complete decentralized financial application ecosystem. Because of supporting multi -chain, he can provide a more extensive transaction of an off -the market with a wider period of power products and a circulation of this business. Therefore, the contract continent is the primary choice of other financial DApps, which has attracted rich external traffic, and promotes growth together in this ecology.
4, of course, there are real disadvantages. Users themselves need to have sufficient security operation knowledge about the account of the account to ensure sufficient safety. Otherwise, the account is lost and the stolen will often occur. This cannot be avoided through technology and products to avoid this phenomenon through education and training before using products.
It for easy reading, the following terms will be replaced in English.
dex: decentralized exchanges
CEX: one of the most obvious uses of the most obvious use of the blockchain is that it can perform transactions without permission and non -custody assets. Generally speaking, the way to achieve this purpose is to "dispersed" or "decentralized exchange" through "decentralization exchange" or "decentralized exchange".
Although many DEXs are constantly emerging, compared with most CEX, there are only a few people using DEX. (Binance alone can top 1,000 times the volume of four major DEX transactions. These four main DEXs are Uniswap, KYBER, 0X).
If the decentralized exchange is really a future trend, why is the data so ugly? Why does this phenomenon happen?
The author's assumption is that the market of DEX is actually much smaller than people expect. DEX is true flash point to provide a long -tail market for digital assets.
Because at other times, most people prefer to trade on a centralized exchange. (People are more willing to choose convenient and fast services.) The so -called digital asset long -tail market should be: tokens or markets that do not support the centralized exchange.
This tokens are either too small or risky, or a very competitive exchange tokens.
Ti small finger is tokens below a certain transaction threshold, which refers to those tokens with low transactions.
The high risk refers to tokens that do not have high supervision and high risk.
The competitiveness refers to those tokens issued by different exchanges, and their interests are conflict.
The tokens that meet the above three characteristics are Leo issued by Bitfinex.
The only CEX that supports Leo is Bitfinex itself, and they are the issuers of tokens themselves. When LEO was just launched, the trading volume was very sluggish (the daily transaction volume was only about 5 million US dollars).
It in terms of regulatory policy, Leo does not support US investor purchases (BITFINEX can change the ratio of white paper or repurchase Leo every month at any time. Determination).
The platform currency of LEO and other exchanges at the same time is in a competitive relationship. No CEX is willing to put the tokens issued on other CEXs to generate a transaction right because you cannot know that they are in their own centralization In the system, whether to use non -existent coins to perform malicious operations. Therefore, when American investors want to get Leo, they can only pass two ways, OTC or DEX.
The market that does not support is either a new transaction (such as early ETH), or in a new trading scenario (such as games or applications, such as points, game equipment, virtual pets, etc.).
This to tokens that these markets do not want to support those CEXs may appear insignificant in the early stage.
But over time, if these markets can serve or meet the needs of most people, they will become important. (Let's give a realistic example. For example, the initial Ethereum does not have much fiat currency value, and the outbreak of the value of the fiat currency is at ICO).
DEX provides speculators with some different services: richer types of digital assets and more markets.
The reason, they do not need to compete with the mainstream old CEX. Those emerging CEXs are their competitive objects. Because the emerging CEX can compete with DEX in more (currency) markets, these CEX may be in a weakness.
because traders are facing these high -risk tokens and markets, they want to use non -state -owned transactions to ensure the security of their digital assets. Therefore, the future success of the decentralized exchange is closely related to the future success of the long -tail market of the digital assets. (The tail of the long -tail market needs to be long enough).
If you imagine the future that Bitcoin occupies the leading market, then people can use the token with equity and functions to become very small, and the existence of DEX will not be important. (According to the previous text, most people prefer to conduct mainstream token transactions on CEX)
but if you imagine a future with millions of different token, many people will use different different people to use different different people. Tokens to obtain different services and rights. Even if these token markets only exist in the long -tail of the market, going to DEX is already very successful.
and we can completely unable to rule out the possibility of DEX as the mainstream:
1. If the device of DEX's transaction depth and liquidity exceeds CEX.
. The pressure of supervision forced centralized exchanges to migrate to DEX (reference to Binance).
3. Innovation outside DEX, create a huge local encryption user base.
For example, based on web3 -based applications, DEX can be used as a convenient exchange interface in games and applications. (Remove DEX as a concept of a decentralized exchange, the original intention of "DEX" is a decentralized exchange. Small decentralized exchange interface/plug -in will replace the existence of decentralized platforms. It is more like a facilitation value exchange exchange for value exchange的快捷工具而不是平台。rn 就我身边听到的一些关于DEX所最常见的论点是（按人们所提及的频率来进行排序）：rn 1.非保管性交易， The user's funds are all in their own hands (reducing the risk of being attacked by hackers, the project party rolls money to run the road). R n 3. The broaden tokens market.
but I dare to bet on the important factor of Dex's future. The above three points should be reversed.
The broad market As a tool for fleeing capital, the final guarantee of the transaction is a care of a few talents.
I. I think many people will not agree with this view, what do you think?
about leo:
In fact, LEO has been launched on mainstream CEXs such as OKEX, Gate, ZB. As a generation of stable currency USDT, the Bitfinex behind it has also launched USDC, USDK and other trading currencies. What about the community?
Why can't it be CEX for the long -tail market:
The project party is actually unwilling to cooperate with CEX, because they cannot fully trust CEX and prevent them from doing evil. In addition, on the CEX If the currency does not have the bottom line, whether it is a user or the market, it will be reduced to speculative tools, which will be a series of chain effects.
Deduading exchange is more suitable as a small interface, such as the famous team just to make P3D, decentralized exchange is more like a plug -in to convert P3D and ETH values. That is, the author's assumptions proposed by DEX in the future, as parts of the application. It provides users with more transaction depth of the currency market, not only limited to the exchange scenario of a single currency. It is more appropriate to use the platform. Whether it is a decentralized exchange or a decentralized exchange, they can provide users with funds. Security.
The long -tailed market is not easy to do:
The difficulty is how to connect the long -tail market. For example, it involves some markets that need to cross -chain interaction, so the labor costs needed will be very high .
If a distributed business architecture system, or a new type of transaction matching algorithm, then it is completely subverting the existing centralized business model, which is more like a new human social civilization . There are also some DEX embrace supervision (such as the Whale Stock Exchange, their users involve the KYC problem), so this DEX is difficult to Become a tool for tax evasion and capital to escape.
The technology and market are in a state of parallel, and the centralization efficiency is much better than decentralization, and the safety is always the needs of a few people. It is also the easiest point for DEX to achieve. How to design a self -driven DEX may be a good direction.
Reference materials: tonySheng.Substack/P/Niche-Markets-Most-Likely-Driver

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