How can high-fold SPC project ensure safety with unique technologies?
The SPC sidechain token airdrop has now reached the second round, and many of NGK’s ecological builders have made a fortune through this SPC airdrop candy. With this good news, the prices of NGK, BGV, and computing power have risen one after another, and driven the price of SPC tokens to rise. These are complementary to each other and jointly promote the growth of NGK ecology.
At present, SPC sidechain token airdrop has issued millions of dollars, but the number has only accounts for one-fifth of the maximum supply of tokens. The issuer party of SPC has strong financial background.
Another point is that NGK’s unique multi-account system makes it easier for ecological builders to build an NGK computing power ecosystem. This multi-account system only recognizes NGK accounts as a basis, which means that one person can open multiple NGK accounts to hold computing power to receive multiple airdrops.
The most amazing part of the crypto market represented by the SPC project is its continuous innovation. The emergence of the SPC sidechain token at the beginning of the new year is undoubtedly the most ambitious and imaginative token innovation at present, abandoning the traditional human manipulation and striking to achieve currency stability with the algorithm.
The attempt to develop SPC sidechain token is a contest between algorithm and human nature. The algorithms pursue absolute rationality, presenting pre-set rules in the form of codes, and their operating logic is not affected by the environment; human nature often shows greed and fear in the “animal spirit”, triggering the market to skyrocket and plummet.
At present, the NGK security team is testing several decentralized wallets on the market and rewriting them based on excellent ones.
The team summarized the following defense plans:
The nSequence that contains a value other than 0xfff in the not confirmed transaction shall be refused to enter;
Check the status of the transaction, whether the token transaction is packaged, or the corresponding confirmation number (such as 3) has been reached;
The wallet should display the corresponding transaction confirmation status to prevent fraud attacks;
The NGK security team has supported the detection of this attack. If the wallet or trading platform is not sure whether there is a problem with their accounting method, you can contact the NGK security team for detection.
A truly open market operations require the central bank to have both tools to release and recover liquidity. From the perspective of the types of open market operations, the current open market operations mainly include repurchase transactions, spot trading, etc. In the future, NGK will be involved in the concept of decentralization based on NGK computing power, building a more exciting blockchain field.