Never to be heard from the mouth of individuals, particularly investors involved in digital trading is not being familiar with Huobi.(http://bit.ly/2JjeuWO) Huobi is a centralized digital currency trading platform and exchange currently trading over $1 billion in assets with a wide number of users across over 130 countries. Coinmarket reports
Huobi 24hr trading volume to be about $1.3 billion making it the 4th largest centralized crypto exchange platform as at the time of writing. https://coinmarketcap.com/exchanges/volume/24-hour/
Huobi Chain reflects the preparation of Huobi global for the future so as not to be taken by surprise when Decentralized Autonomous Organizations (DAO) structure begin to rule the financial world.(https://www.huobichain.com/) To achieve this, Huobi will move its operations onto its own blockchain. A transfer from ERC-20 token on Ethereum blockchain to Huobi mainnet chain thereby becoming a DAO. In essence, it's a movement from centralization to decentralization. “A trustworthy self-financing platform of the next generation operated by the community on a decentralised platform.”
Huobi Chain is a platform that operates to give a reliable system of self finance to users, thereby ensuring assets are reliably generated, exchanged, transferred and verified. Financial operations such as value exchange, fundraising and securitisation are supervised by the blockchain and it's community. Realising the DAO mechanism requires human involvement for successful operations, Huobi Chain has been able to build and establish HADAX, safety nodes, Huobi knights and Super nodes. According to Huobi Chain, its three point agenda are to;
- Mitigate financial risks with supervision and consensus
- Optimize the trading process with blockchain technology
- Safeguard user’s right and interest with community autonomy.
Huobi Token (HT), which was initially a general token will be developed to become Huobi based token with huobi ecosystem partner becoming super nodes on the chain. In order to become the highest level of immediate generation of self financing public chain globally, Huobi group will contribute a capital of 30 million HT but also ensure increased continuous future investment.
However, no matter how perfect a governmental structure is, be it digital or physical, active involvement of the masses is essential. As a result, Huobi Chain has four milestones, the first being an electoral process adopting the Democratic system of government. An open election for the posts of huobi chain leaders. Candidates who meet the Superhero Championship Rule are allowed to vote and be voted for. https://huobiglobal.zendesk.com/hc/en-us/articles/360000112361-Huobi-Chain-Superhero-Championship-Program-Rule
In essence, it's all a movement of the exchange from corporate driven to community driven by users. Voting has started since July 20, and the prize pool of the election milestone are airdrops for voters. Airdrops available which are also sponsors are;
- SSP
- GNX
- YCC
- LBA
- TOP
- MDS
Half token will be released at midpoint of a selected round of the election and the other half will be shared at the end of the round. Total votes of user in that round will be used to determine the token amount to be won.
Do join the voting exercise on Voting platform https://www.hbg.com/en-us/vote-activity/?id=1
Huobi Chain since its launch has been receiving various feedbacks, the Voting exercise also is becoming interesting and engaging. Candidates are gaining grounds while some are still lagging behind. https://www.hbg.com/en-us/vote-activity/?id=1
Current leading candidate is Liu Wei, director of 360 innovations institute with 1902 user votes.
A deserving forerunner is Larry Liu , the CEO and co-founder of Genearo network. Has his Masters degree in Computer Science from Northwestern University, Chicago, 2012-2013. He is a former security engineer at Hewlett company July 2013-April 2015, who left his job to venture into entrepreneurship and investment of the blockchain world. Aside security engineering, Larry has experience in Public chain architecture and design, cross-border payments, precision marketing, copyright management, data storage on the blockchain. He is also a blockchain pioneer, computer scientist, and has focuses on Artificial Intelligence, programming, web development, consultancy. His notable achievements are: https://www.linkedin.com/in/larry-liu-0697b160
- Inventor of consensus mechanisms; SPoS+PoS
- Project Wr-Find: Air BnB for Wifi; offer wifi to reduce costs or search wifi to make money.
- Author of “seven super challenges and solutions for public chain
- CEO of Jiluo Technology
- CEO Genero Network, first blockchain 3.0 ecosystem built on a turing-complete public chain with decentralized storage. https://genaro.network/en Also, a non profit foundation, having supporters from over 60 countries with a current Market cap of about $38.22M and volume of over $951M. http://e-money.com/currencies/GNX/genaro-network/ Larry Liu is such an energetic and vibrant youth who has made very obvious good and effective use of his knowledge in blockchain within the short period of time he ventured into the field. I have no reason to doubt why he is a forerunner currently in the campaign. If there is anyone votes worth canvassing for, larry tops.
Mentioning a dark horse on the candidate list, not to wander too much is the oldest generation of programmers into operating system in China with 33 years experience, no other person but Rong Chen , Founder of Elastos Project. Had his Bsc in Computer Science from Tsinghua University, 1978-1982, MSC in computer science from university of Illinois 1985-1987. https://www.linkedin.com/in/rong-chen-5071a6135
Amongst his numerous achievements are:
- Senior software Engineer at Microsoft, Redmond, Washington, USA. June 1992-2000
- Founder and CTO of Kortide, Beijing. 2000-2003
- Chairman and CTO Kortide. May 2003-May 2017
- CTO ziggurat technology
- Elastos Project currently having a Market report of over $87M of market cap and over $10M 24h supply volume. https://steemit.com/crypto/@fizzymidas/elastos-project-review https://coinmarketcap.com/currencies/elastos/
Rong is a speaker of technology blockchain and blockchain. Amongst lectures are - History of internet from birth to blockchain https://medium.com/elastos/rong-chen-lecture-the-history-of-the-internet-from-birth-to-blockchain-and-beyond-c7ca07b0cc6d
- The operating system is like a country https://medium.com/elastos/bit-university-q-a-with-rong-chen-the-operating-system-is-like-a-country-6bc360699c1a
Judging from long time experience with beautiful achievements, Rong Chen should top the list. Besides, Elastos Project has a vision aligning with Huobi chain in terms of value generation and exchange. Pushing this mission further won't be a problem for Rong.
A democratic system is not achieved if the electorate do not exercise their given rights. Incompetent and undeserving candidates might emerge. With a proposed platform which is rare like the Huobi Chain, users need to actively partake in this voting exercise to fully facilitate the advantage of the blockchain decentralized ecology. Besides, the exercise helps give you a sense of belonging and active involvement on the platform, making HT holders have a right to speak and participate in the community decision making process. Pick up your Invite (http://bit.ly/2JjeuWO) and Vote. https://www.hbg.com/en-us/vote-activity/?id=1