Von 71 Nutzern erlerntPublished on 2024.04.01 Last updated on 2024.10.15
Tokens
Introduction to MATHTokens
MATH (Math Token) is the fundamental token of the MATH ecosystem, serving as a value medium for products and services under MATH. The MATH ecosystem includes multiple products and services, such as Math Wallet (MathWallet), MATH VPoS Pool, MathDAppStore, MathStaking, MathCustody, MathNFT, MathChain, MathHub, MathDEX, MathID, MathPay, and more.
Main Functions
Issuance and Supply
Other Information
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According to the information provided, the founder of the MATHTokens project is Eric YU. He established the MATH project on October 22, 2019, with the aim of creating a multi-solution blockchain platform across different chains.
According to the information provided, the following venture capital firms have invested in projects or companies related to Tokens:
NDV (NextGen Digital Venture Limited): Collaborated with the Tokens wealth management company Metalpha Technology Holding Ltd (NASDAQ: MATH) to establish the Next Generation Fund, focusing on Tokens investments.
Paradigm: Co-founded by Matt Huang and others, invested in multiple Tokens projects such as Tendermint, the parent company of Cosmos, and StarkWare.
Dragonfly Capital: Co-founded by Feng Bo and Haseeb Qureshi, invested in nearly 80 Tokens companies, including OKCoin.
Balaji Srinivasan: As an angel investor, invested in 85 crypto projects, including Opensea, Avalanche, and NEAR Protocol.
These venture capital firms and investors have made multiple investments in the Tokens field, covering various areas such as infrastructure, tools, DeFi, DAOs, and NFTs.
The operation of Tokens is based on blockchain technology and cryptographic algorithms. Here are its main operational principles:
Blockchain: Tokens use blockchain as a distributed public ledger to record all transactions. The blockchain consists of a series of blocks, each containing multiple transactions.
Farm; Mine: New units of Tokens are created through the Farm; Mine process. Miners use computer power to solve complex mathematical problems, verify transactions, and assemble them into blocks. The first miner to successfully solve the problem can add the new block to the blockchain and receive block rewards.
Hash Function: Each transaction generates a fixed-size output, known as a hash value, through a hash function. These hash values are organized into a Merkle tree for validating the block's validity.
Proof of Work (PoW): Tokens use a proof of work consensus mechanism, requiring miners to solve complex mathematical problems to verify transactions. This process requires substantial computational resources, ensuring the security of the blockchain network.
Decentralization: Tokens do not rely on a central authority and use peer-to-peer internet protocols for transactions. Each node stores a copy of the blockchain, ensuring the network's security and transparency.
Cryptographic Technology: Tokens use cryptographic techniques to secure transactions. Each transaction is encrypted to ensure that only those with the correct keys can access and transfer funds.
In summary, Tokens ensure their security and decentralized characteristics through blockchain, Farm; Mine, hash functions, proof of work, and cryptographic techniques.