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According to IDC, IoT data is forecasted to reach 73 zettabytes by 2025, while a recent study by Deloitte estimates that 40% of IoT devices will be capable of sharing location in 2025, up from 10% in 2020. This means time and space data is the fastest-growing big data category

MAP Protocol's testnet, Makalu PoC-2 was officially launched on December 10, 2021. Makalu PoC-2 is equivalent to MAP testnet, in the sense that it upgraded the consensus mechanism on the basis of the original PoC-1. Makalu PoC-2 upgrades the consensus mechanism to POS, from the original POW, with high TPS performance standards. This allows it to utilize cross-chain transaction data (assets) and perform “on-chain upgrades” in a flexible manner, while greatly improving transaction processing speed.

Official Launch of MAP Protocol's Makalu Poc-2 Brings Much-Needed Upgrades

Makalu PoC-2 makes use of the IBFT algorithm to achieve message consensus between nodes and implement Validator registration and election functions in the form of on-chain contracts and supports. Makalu PoC-2 will also continue to support light client verification to verify on-chain transactions on the peer chain, while being compatible with and supporting EIP-1559. PoC-2 will continue to update multiple versions in the form of small version iterations.

MAP Protocol is considered the “Blockchain Assets Freeway,” as it is a cross-chain bridging protocol that aims to provide a secure end-to-end solution for any blockchain to move assets freely. To fulfill this role, MAP Protocol is built on three layers simultaneously.

The first layer, MAP Chain, known as the base layer, is a dedicated blockchain serving as the infrastructure freeway connecting all kinds of blockchains to break barriers.

Secondly, the asset layer provides an infrastructure freeway linking other blockchains (cross-chain support), allowing all kinds of assets to be mapped to MAP Chain in a non-custodial style via trustless smart contract. 

This is followed by the DeFi Application layer, allowing all kinds of applications, including but not limited to DEXs, games and NFTs that can be built with the cross-chain capabilities enabled by MAP Chain and MAP Assets. This also allows fast trades of NFT tokens in a cross-chain decentralized manner, while applications can be easily built using the underlying light client and assets vault.

Following the December testnet upgrade, the focus in the next stage will be on MAP's ecological construction, especially the high frequency of NFT and GameFi development that is changing the dynamics of the traditional gaming industry. This market has been always our key focus, and is expected to continue seeing explosive growth in the future. MAP Protocol is a cross-chain and will have its own independent ecology. For the future development of NFT and Gamefi, cross-chain will be an indispensable component that cannot be ignored.

MAP Protocol will deploy its applications on all the major chains, supporting cross-chain swaps. This will allow all the assets on MAP Chain to circulate freely across all chains. MAP Protocol also welcomes additional GameFi, NFT and Metaverse projects to publish assets on the MAP Chain and join the MAP ecosystem.

MAP Protocol is also compatible with EVM. All EVM chain assets and projects such as Ethereum can be issued to MAP, and MAP will be motivated through various means including ecological incentives.

To promote MAP Protocol's cross-chain technology, cooperation and partnerships opportunities with more public chains will be established. For the purpose of accessing more public chains, MAP will optimize protocols and provide support for cross-chain oracles, lending and other DApps.

About MAP Protocol

Map Protocol is considered the “Blockchain Assets Freeway”. It is a cross-chain bridging protocol that aims to provide a secure end-to-end solution for any blockchain to move assets freely, i.e., allow fast trades of NFT assets in a cross-chain decentralized manner. Please visit MAP Protocol online for more information. 

Website: https://www.maplabs.io/

Media Contact:

Rena Kim

cooperation@maplabs.io

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Things to know: – You can now securely manage, buy and swap MATIC and its tokens through your Ledger Live* app while keeping your assets secure with your Ledger hardware wallet. – Polygon (MATIC) is a full-stack Ethereum scaling platform allowing fast transactions and low fees. – Ledger Live enables you to easily manage your […]

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HBSwap's mission is to empower people around the world with equal access to banking and participation in the global financial markets. We believe people in the under-developed nations should have equal financial market access as people living in the developing and developed nations. 

Today a user can access the HBSwap with a built-in web-browser wallet on a mobile phone or a notebook, without downloading any APP or software. Using one's email to receive an authentication code. Within minutes a user can begin sending, receiving and trading BTC, ETH, BNB and USDT.  Making investments using ETH or BNB in liquidity staking or participating in BTC and ETH collateralized lending, as a lender or a borrower.

HBSwap will enable Social Coin Offering (SCO), where everyone can easily mint, gift, sell and trade their own personal tokens with their family and friends. SCO will be conducted on HBSwap's Launchpad. Currently HBSwap's platform token HBS is available on the Launchpad for fixed price swap at USDT0.018. 

HBS is a multi-chain token, where you can send HBS (Ethereum) tokens to an Ethereum wallet, later deposit HBS (Ethereum) tokens into HBSwap wallet and switch to HBS (BSC) tokens to send to a BSC wallet. The HBS (Ethereum) and HBS (BSC) token switch is automatic simply by selecting the token type to send. HBSwap unlocks multi-chain liquidity between Ethereum and BSC networks. 

As part of the roadmap, HBS tokens can be traded on Uniswap and PancakeSwap, in addition to trading on HBSwap. Unlike MetaMask wallet, which provide users multiple single chain wallets, HBSwap wallet is a multi-chain wallet, were you can store BTC, ETH and BNB in one single wallet, without the need to change the network settings.

Built on the MASFi public chain, HBSwap is the world's fastest cross-chain DeFi platform with a next generation exchange. Users can trade cross-chain pairs, such as BTC/USDT and BNB/USDT, with token pairs generated on different public chains. Trading and transfer of BTC and ETH are completed in 1-3 seconds with gas or transfer fee of US$0.10 per transfer, which is waived during the initial launch period. For payment applications, HBSwap, by solving the slow speed and high gas fees of BTC and ETH, supports these tokens as a means of cross-border transfer and even for micropayment.

DeFi services including OTC or block trading of BTC and managed fund products with a period of 30 days to 6 months will be introduced. Various third party DeFi products and services will also be available on HBSwap connected via API, such as USD or Euro access, credit cards, fund products, financial games, NFTs, etc. HBSwap's smart contract wallet enables automated and transparent fee sharing arrangements with strategic business partners. Our goal is to provide a wide range of useful and easy to use DeFi services to our users worldwide!

About HashBrownSwap

HashBrownSwap is an open DeFi platform with a next generation exchange, designed for everyone. HBSwap is also a B2B2C platform for co-branding with strategic partners to quickly launch or expand their DeFi, NFT, payment, investment product or metaverse service.

For more information: www.hbsswap.com

Contact: contact@hashbrownswap.com    

About MASFi

MASFi is a public chain designed for DeFi operating at the ultra high speed of 10,000+ TPS. MASFi smart-contract and API is 100% Ethereum compatible. In addition to HBSwap, DeFi projects building on MASFi include MASEx 2.0, MASBank and MAS Pay.

For more information: www.masfi.net

Contact: sl@masf.io        Sting Lin

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