#ngk ex

[ngkio]

How can NGK eliminate the centralization in a distributed manner?

The asymmetric cryptography was produced for military use in the 1970s, and it was promoted by cypherpunk in the 1980s to solve network information security and protect personal privacy. It is mainly used for network communication and the construction of token system, that is, cryptocurrency.

 Free consensus is a cryptographic consensus system based on the evolution of the Satoshi Nakamoto framework. It is an evolution from a peer-to-peer electronic cash system to a crypto economy infrastructure, extending from decentralized free cash to decentralized identity, relationship, reputation, agreement, storage, etc., which foundation for the crypto economy.

  The essence of the distributed consensus mechanism is a simple democratic mechanism. It is acting in accordance with the rules and judgments approved by the majority. The emergence of peer-to-peer network technologies such as NGK and BitTorrent provide technical conditions for establishing a distributed consensus system on a global scale through the network.

  The NGK cryptographic consensus system is a technical and economic system constructed by asymmetric cryptographic and a distributed consensus mechanism. It mainly solves the problems of information security and monopoly in the information economy.

  From 2007 to 2009, Satoshi Nakamoto discovered that the root cause of the failure of early cryptocurrencies was the "centralization" of the system. To this end, he used the distributed consensus mechanism for cryptocurrency and established the first decentralized cryptocurrency, namely Bitcoin.

  The Bitcoin system established by Satoshi Nakamoto using asymmetric cryptography and a distributed consensus mechanism is both a technical system and an important economic system. It allows people who have never known each other to maintain a vital economic system consciously, which is the world currency.

  NGK refers to this system framework as "cryptographic consensus", that is integrated by "asymmetric cryptography + distributed consensus". It protects information security with asymmetric cryptography and eliminates central monopoly with distributed consensus. Therefore, it can be used for the construction of information economy infrastructure. The NGK blockchain is only one of the data structures used in the distributed consensus mechanism, and it cannot fully reflect the nature and significance of cryptographic consensus.

  Sharding is the future of blockchain scalability. It is the key in promoting the blockchain ecosystem to support thousands of transactions per second and allowing most of the world to use the platform frequently at an affordable cost. However, sharding is also one of the easily misunderstood concepts in the blockchain ecosystem. Sharding refers to a set of very specific ideas with very specific properties, but it is often confused with technologies that have much different and weaker security properties.

  The easiest way to understand sharding is through random sampling. Compared with the sharding form established in the NGK ecosystem, sharding through random sampling has weaker trust attributes, but it also uses simpler technology.

[ngkio]

Data insight: Bitcoin investors are still increasing, and its selling pressure from long-term holders are slowing down

The rise and fall of Bitcoin are causing many troubles for players in the crypto industry. Some holders even stated that if this continues, it is estimated that they will lose money. In addition, some big players have begun to leave the market, showing a state of exhaustion. They no longer want to stay on this "battlefield".

 However, a recent data shows that long-term Bitcoin holders have noticeably slowed down their selling trend, and the price of Bitcoin has stabilized at more than US$50,000. In addition, new holders appeared unexpectedly.

 The emergence of new investors in the Bitcoin market means that the circulation of Bitcoin will increase. In other words, the price of Bitcoin will rise further in the future. However, at present, no one can tell how much the price will rise, and at which point it will rise to.

 For the new influx of Bitcoin, some optimistic scholars believe that a new wave has arrived.

Although governments in various countries do not approve Bitcoin, they even believe that Bitcoin may become a tool for money laundering, illegal crimes, or terrorist financing. However, VISA recently expressed its support for the opening of token channels, and the President of the IMF also expressed trust in Bitcoin. This makes the Bitcoin market once again optimistic, and there may be a small wave of rise in the future.

It is believed that Bitcoin has little room for future growth, and there is pressure from various governments, and thus, the upward pressure is still huge.

 However, we believe that in the short term, Bitcoin is still expected to hit a high of US$60,000. However, it is difficult to determine whether it can stand firm at US$60,000 and continue to break through to US$70,000.

 BTC market analysis:

 Bitcoin regained its footsteps at US$57,000 yesterday and rebounded. At the same time, the bulls performed strongly last night, breaking through the 58,500. Then, it finally hit 59,350 pressure level and entered a high level of consolidation again. As of today, the market sentiment is sluggish, and the low-level hits 58,370, and the pattern of interval fluctuations remained unchanged.

 Based on the daily chart, the trend appears five consecutive rises, and the bullish sentiment is obvious. The trend is in the upward channel. From the five-day and ten-day moving averages, there is a golden cross, or it is expected to maintain an upside position. The price breaks through the high point, having high possibility for reaching $60,000. Judging from the daily market, it is still biased towards the upward trend, and the bulls are obvious.

 Looking at the short-term hourly chart, due to the downward resistance of the upper rail yesterday, the upward rhythm of the market was interrupted. At present, the longs and shorts have begun to take over. The price fluctuates near the five-day moving average. The short-term trend has entered a high level and the rebound is not strong. It is expected that the market will withdraw from the lower support in the future, so it is not recommended to blindly chase the rise. Steady operation has to do with callback. The support is focused on the vicinity of the 58,200 of the Bollinger Band.

[ngkio]

NGK’s popularity maintains, reported by many media continuously!

Recently, the Los Angeles Business Journal and Texas Business Journal and many other well-known financial media reported on NGK.

 The reporter from Los Angeles Business Journal, Solana asked NGK representatives that NGK tokens have been receiving attention recently. Can you tell us about the principles?

The interviewed NGK representative, Keynes replied that NGK is the token on the NGK blockchain, and the native token of the NGK mainnet. Similar to ETH, it plays an extremely important role in the development strategy of the NGK blockchain. An important role, it uses the incentive mechanism of the mainnet to jointly build the NGK blockchain ecology. It is also used for the operation of the NGK platform and the establishment of the community, thereby further promoting the development of the platform and the growth of commercial applications.

 Later, the Los Angeles Business Journal reporter, Solana asked the NGK representative again, what is the commercial value of NGK tokens?

 NGK's representative Keynes replied that now, the NGK tokens are issued through STO equity. At the same time, when the NGK blockchain is implemented in the ecological industries such as entertainment, sports, new energy, biotechnology, etc., the NGK tokens will also be circulated in these ecological industries, which will be conducive to building a closed commercial loop of the ecological industry. With that, the NGK tokens have extremely high commercial value.

Later, Texas Business Journal reporter, Mark asked, NGK tokens have attracted much attention recently. Can you explain the mystery of it for us?

 NGK’s representative Keynes suggested we first look at some data. On March 25, NGK token was US$1.62; on March 26, NGK token was US$1.63. We can clearly see that NGK token has been on the rise. Since its issuance last year, the NGK token has been on a steady rise. It has maintained a growth trend daily and a growth momentum of 1 to 2 points recently.

 A reporter from the Texas Business Journal stated that the higher the NGK price, the smaller the amount, and the daily price increase. Then, what are the influences of these factors?

 Representative Keynes said that the launch of the NGKEX is one of the biggest benefits. The ability of the NGKEX to innovate and integrate the

 NGK trading field, and successfully return the digital rights such as rights, gain rights, insurance rights, and basic trading services, which provides users with a reasonable risk control model, so that every cryptocurrency investor can trade with peace of mind. In the future, the NGKEX will also perform technological innovations, striving to launch more mainstream tokens and more tokens developed by the NGK blockchain. In addition, NGKEX will also implement more physical industries, empower the physical industries, and promote their digital ecological development.

[ngkio]

Investment, payment, and wealth preservation, which is the core value of Bitcoin?

Now the price of Bitcoin has risen to more than US$50,000, and more people are chasing the market. The higher the price, the hotter the discussion and the more people entering the market.

Everyone is discussing about Bitcoin, and the continuous price increase is also an important implementation for the technological development of blockchain. More importantly, the giants are bringing goods for the blockchain and Bitcoin.

Elon Musk is one of the giants from Internet industry that I pay more attention to. Even Musk is paying attention to innovation, cheering for this new thing. That could not be wrong, right?

Judging from my limited knowledge of blockchain and Bitcoin, I am thinking, why many people and large institutions buy Bitcoin?

1. The investment value of Bitcoin

The starting point is where there is profit, where there is growth, and where there is frequent capital flow. In the early days, those who were discerning or lucky, entered the market when Bitcoin was a few thousand dollars low, and got the current price of more than US$50,000, and their wealth increased dozens of times.

They are people who can grasp the opportunity, and their revenue has become a role model for many people. Entering the crypto industry means that the profit will increase by countless times. Many people want to get rich overnight. The individuals who blindly follow the trend are bound to be ‘harvested’ in the end. It is impossible for people to make money beyond their cognition and without understanding the crypto industry. Time will reveal the results ruthlessly. Coin speculation in the crypto industry is a technical job, and the threshold is high.

2. The payment value of Bitcoin

The Bitcoin white paper states that Bitcoin is a peer-to-peer cash payment system. In the beginning, the Cypherpunk members created Bitcoin to realize decentralized payment transfer without being regulated and without exposing their privacy.

In some countries, Bitcoin does reflect the value of payment. Using Bitcoin to pay is as simple as using ATM. It can be deposited and withdrawn, and it is very convenient to convert fiat currency into Bitcoin or vice versa. Bitcoin payment is as convenient as using Alipay and WeChat Pay.

In April 2018, according to CryptoDaily (Crypto Daily News), Bitcoin ATMs have covered 68 countries, including 1,825 in the United States, as well as Canada, the United Kingdom, Japan, and South Korea. However, the current bitcoin price is not constant. Using the same amount of bitcoin, you may pay for a KFC lunch today and pay for a high-end dinner at a Michelin restaurant tomorrow.

In addition, the transaction confirmation time of Bitcoin is 10 minutes, which is not suitable for small payments. It deviates from the mission of Bitcoin, making it inconvenient to pay and causing the price to change greatly. So, it causes the payment value of Bitcoin weaker.

3. Will Bitcoin become digital gold?

More and more enterprises and government agencies are buying bitcoin in large quantities. Do they use bitcoin as one of the channels for investment? Or do they recognize the value of bitcoin as token and reserve bitcoin as digital gold? Small and medium retail investors cannot be compared with institutions. Therefore, I recommend a project that is more suitable for our small and medium retail investors, that is the NGK. It also runs under a decentralized protocol and was launched at the beginning of this month, with its own trading platform, the NGKEX. Currently, the NGKEX supports currency trading, such as BTC, ETH and other mainstream cryptocurrency transactions. Besides, it also supports NGK, BGV and other NGK blockchain token trading.

 In addition to providing token pair trading, the NGKEX also provides contract trading, leveraged trading, and OTC trading. Ecological builders can obtain revenue through these transactions. It is worth mentioning that VAST is currently listed on NGKEX.

[ngkio]

Basic questions of NGKEX: listing standards, platform security, and future development

Since NGKEX went online, it has been recognized by many ecological builders and institutions, and many financial users have also set their sights on NGKEX. To better enable off-market financial users to understand the detailed information of NGKEX, we have sorted out some basic questions of NGKEX, hoping to provide a perfect answer.

 1. Listing standard

 Currently, NGKEX provides currency trading, OTC trading, contract trading and leveraged trading. Currency trading is the first choice of many crypto players and off-site users. However, if a token is fake, in a completely bubble state, and has no value, it is likely to cause losses to users. Therefore, the NGKEX has formulated a set of specific listing standards to avoid users' mining risks.

Before listing on NGKEX, the tokens will be evaluated from the perspectives of security, law, and compliance. During this process, it takes a lot of time. Although NGKEX also hopes that users can obtain new coins quickly, from a security perspective, the NGKEX still needs to consider many specific details of the token. After evaluating the tokens, NGKEX project team members will list the tokens and integrate them for users. This process is very complicated and requires many constraints and balances to ensure that users can be provided with the best digital assets.

2. Platform security

 For cryptocurrency users, in addition to token security, there is another important point, which is the security of the platform. Obviously, since the emergence of NGKEX, the safety of users has always been the top priority. Therefore, the officials of NGKEX have been making continuous efforts to communicate with various regulatory agencies and obtain their permits.

  In addition, the NGKEX project team members are constantly making technical improvements and innovations. At present, the NGKEX can achieve 99% of offline data storage.

  NGKEX will separate the user's private key and distribute it according to geographic location. The NGKEX's funds are always stored on the server to serve the daily flow of funds. At the same time, the NGKEX also has network insurance to ensure the stable performance of the platform.

 3. Future development

 In the future, NGKEX will also make technological innovations, strive to launch more mainstream cryptocurrencies and the tokens developed by the NGK blockchain. In addition, NGKEX will also introduce and empower the offline physical industries, and it will promote the digital ecological development of the physical industries.

[ngkio]

Bitcoin may enter the second half. The NGK token holdings surge!

Following the announcement for the further adoption of Bitcoin by the traditional financial giants (i.e. Morgan Stanley and Visa), the price of Bitcoin began to fluctuate between US$53,000 and US$60,000. It is reported that Morgan Stanley has launched three Bitcoin investment tools that can provide services to high-net-worth customers and investment companies, while Visa is following the pace of MasterCard, and it will support the purchase of Bitcoin through the Visa network.

 Obviously, Wall Street's giants have embarked on the Bitcoin market, hoping to make profits from it. From another level, the impact of Bitcoin on global investors is becoming more difficult to ignore.

 However, recent data shows that Bitcoin whale addresses are significantly reducing their holdings, and currently they have reduced their holdings of about 307,000 BTC. Some token researchers warned that Bitcoin is entering a dangerous period, and big players are causing selling pressure. Now Bitcoin may have entered the second half.

Unlike Bitcoin's sudden drop in holdings, the NGK token has seen a surge recently. Thanks to this surge, the price of NGK token has risen for many consecutive days, and it has now reached US$1.6.

 The surge in NGK token holdings this time does not mean that whales have flooded into the NGK token market with a large margin. This is because the NGK blockchain has strictly controlled the proportion of large-scale holdings. In other words, even if the large-scale whales have many funds, they cannot simply buy the NGK tokens they want. In the NGK blockchain, the interests of NGK users are always the priority, and it always considers from the standpoint of small and medium-sized retail investors.

  Therefore, this surge in open interest is more likely for the entry of small and medium retail investors. They trust the NGK blockchain and the NGK token enough. In their eyes, the NGK tokens are digital tokens that are more expensive than BTC, which can bring them value and profit.

 The price increase of NGK tokens is not only affected by this factor. This is because NGK, as the main blockchain of NGK tokens, is very powerful. At present, the NGK blockchain is actively deploying new areas, and I believe that related applications will be launched soon.

 At the same time, the NGK blockchain will also be implemented in the physical industry to promote the digital construction of the physical industry. Therefore, the NGK tokens has huge space for growth.

 With the continuous increase in the price of NGK tokens, it is believed that the bull market of NGK tokens has arrived. Those users who have not yet entered the market should take advantage of the low price and enter the market as soon as possible. For those ecological builders who have already sold NGK tokens should also buy again, so that they do not miss this wave of wealth opportunities! ! !

[ngkio]

Bold prediction: NGK will be the next dark horse currency

Previously, Bitcoin fell below US$45,000, which has fallen by more than 22% compared to the previous US$58,000. However, the current callback is only temporary. A financial services organization, Square stated in a public statement on February 23 that “around three thousand bitcoins were purchased at a price of US$170 million.” Institutions are still entering the market, taking orders, and the overall upward trend of bitcoin will not change. The decline is just the beginning of a new round of shuffling. After the shuffling, funds will be more concentrated on mainstream currencies.

The bull market is bound to have a lot of hot spots, and there will be many dark horse currencies, such as the oracle, cross-chain, DEFI, and the NFT field. There are many hundred-fold, or even thousand-fold coin, if you manage to get one, you may realize the freedom of wealth. Therefore, having sufficient knowledge, vision and courage is very important for us fighting in the crypto industry. Finding the next dark horse seems a very worthwhile thing to do. At present, according to insiders, it is predicted that NGK may be the next dark horse in the crypto industry.

Let’s first look at a set of NGK data:

March 3–1.1307 USD

March 4–1.1520 USD

March 5–1.1762 USD

March 6–1.1952 USD

March 7–1.2165 USD

March 8–1.2427 USD

March 9–1.2646 USD

March 10–1.2811 USD

March 11–1.2996 USD

March 12–1.3227 USD

This is the increasing data of NGK in the last 10 days. From this set of data, we can see that the NGK price increases every day. In fact, when NGK was launched in early October 2020, the price was only about 0.0215 USD, and it has exceeded 1.33 USD at present, the current increase is more than 61 times!

What exactly is NGK?

According to industry insiders, NGK is a basic blockchain for data sharing. It is committed to subverting the traditional economic industry rules and improving the utilization of resources and liquidity to better promote the resource sharing and protect the interests of data producers.

So, what kind of magic power does NGK have to achieve a growth of more than 61 times within six months?

NGK is the native token of the NGK blockchain, which can be used for on-chain transactions, settlement, and smart contract performance. The NGK can conveniently characterize and measure its ecological digital economic activities. Its value is based on two points: one is that the applications on the NGK blockchain must consume a certain amount of NGK as fuel, and the other is that holding NGK can participate in the NGK ecological projects. As a supplier in the NGK economic cycle, the NGK tokens can be exchanged for purchasing the computing power for computing power mining, or pledged for liquidity mining, and the output NGK will have the opportunity to be purchased by consumer in the future, thereby forming a complete economic cycle.

It can be said that NGK, as an important medium to maintain the operation of the NGK blockchain ecosystem, carries the important role of value circulation, purchasing services, fuel consumption, obtaining returns, and encouraging interaction. Therefore, the NGK is likely to become a dark horse in the crypto industry.