Mystery(0, 1) Symbol Popularity?Read the recent hot innovation protocol Zero

Original author: Sun Moon Xiao Chu (X: @riyuexiaochu)

*Editor's note: On December 22, ZERO rallied to $2.2759, up 73.39% in 24 hours. It has risen for many days, what is the origin of Zero?What is the special feature of the fair start Token distribution model behind it?What does the mysterious (0, 1) symbol that KOLs have on the name suffix, what does it mean?Encrypted KOL Sun Moon Xiaochu (X:@riyuexiaochu) posted an article explaining Solana in detail, inscription projects are changing the way of fair distribution, and **The first person to set the standard is often the one who eats the most crab meat.

  • Ordi defined the inscription, and the ensuing popularity of the inscription also established Ordi's status in the rivers and lakes, feeding back Ordi's Market Cap
  • ( 0, 1) is redefining a fair start Token distribution model, and the more projects adopt this distribution model in the future, the value will feed back into the Zero ecosystem

Zero's Fair Start Token Distribution Model (Very Interesting)

This is a fair distribution method that excludes large investors/scientists by Block hash random number + participant input cost, the following takes Zero himself as an example:

1. The Solana Blockchain produces an average of one block every 400 milliseconds

*2. If only one valid minting request is selected in each block, it will take about 10, 000 hours and 30 minutes to mint a full 1, 000 Non-fungible Token collection. *

3. Each Block has a unique identifier called the Block Hash. This hash is unknown until the block is confirmed, so it can be used as a random number generator

4. Choose the method of minting/trading win:

  • First, extract the first number from the Block hash (e.g. 6 in "6MjVseMy2khAe1hXnhwFCMZ6FhzuBpaLaezFYnCxZQuN") to determine the winning transaction. * Then, take out all the numbers in the hash (e.g. 6216) and check if they are even to determine which direction to start counting the trade. *

5. Implementation:

    • If the number of the block hash is even, count from top to bottom; if it is odd, count it the other way around. *
  • Extract the first number 6 according to the block hash, select the first transaction containing the number "6"

*6. The only way to cheat is to make multiple minting requests in a single block, but ( 0, 1) The ingenuity of the design is that each minting has a cost, so that large investors/scientists who want to take the entire block can also lose a lot. *

( 0, 1) not only solves the problem of fair distribution, but also solves the problem of liquidity incidentally

*All minting fees will be used to provide liquidity to Tokens/Non-fungible Tokens. *

  • For SPL Tokens, half of the supply is given to effective minters and the other half is used to create liquidity on AMMs
  • For Non-fungible Token collections, all supply is given to valid minters and a Bid wall is built with minting proceeds

Market Cap Comparison

Zero (47 M) and Ordi (1.1 B) One (8 M) and Sols (100 M) Upcoming Meme(?) and Silly (86 M)

Next Project Time Node (Saturday at 10 p.m. Beijing Time)

1. ( 0, 1) The project team is very good at playing, in addition to Zero Token and One Non-fungible Token assets, the project has announced the issuance of Memecoin

2. The same is the fair lottery model mentioned above, each time 0.05 Sol + 1 zero, the continuous minting process will stimulate zero buying orders 48.5 % will be distributed to successful minting users, minting will last for 45 minutes

3. In addition, One Non-fungible Token's Holder can get 3% of the meme TokenAirdrop

It's really exciting to see such a fair start in innovation, and welcome to add that you see a protocol issued using the Zero method

Original link

View Original
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • Comment
  • Share
Comment
0/400
No comments
Trade Crypto Anywhere Anytime
qrCode
Scan to download Gate app
Community
English
  • 简体中文
  • English
  • Tiếng Việt
  • 繁體中文
  • Español
  • Русский
  • Français (Afrique)
  • Português (Portugal)
  • Bahasa Indonesia
  • 日本語
  • بالعربية
  • Українська
  • Português (Brasil)