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Let’s get to know Ethereum’s Next Big Thing “EigenLayer”

Posted on by warisara

Let’s get to know Ethereum’s Next Big Thing “EigenLayer”

Let's get to know Ethereum's Next Big Thing “EigenLayer” Protocol Hottest Ecosystems. Currently!

Let’s get to know Ethereum’s Next Big Thing “EigenLayer” Protocol Hottest Ecosystems. Currently!

 

You can’t miss EigenLayer these days – it’s the hottest new protocol on the Ethereum blockchain. But what is EigenLayer? In simple terms, it’s a tool that allows you to “restake” your coins on Ethereum. This means you can earn rewards multiple times on the same ETH, making it more secure and profitable.

 

Imagine being able to restake your token and earn even more rewards! 

Users can restake their ETH immediately without waiting for the unlock period.

They may earn higher returns from restaking without risking slashing.

And they can easily access and participate in the Ethereum ecosystem without worrying about complexity.

 

But EigenLayer has more to offer than just restaking. It also provides a variety of benefits for all users, including:

 

  • Increased Staking Rewards: EigenLayer helps you increase your staking rewards on ETH without worrying about risks.

 

  • Flexible ETH Staking: You can restake your ETH immediately without waiting for the unlock period.

 

  • Easy Access to Ethereum dApps: EigenLayer makes it easy to access dApps on Ethereum without setting up your own node.

 

  • Participation in the Ethereum Ecosystem: EigenLayer makes it easy to participate in the Ethereum ecosystem without worrying about complexity.

 

 

There are several reasons why EigenLayer has gained significant traction recently. In addition to its Restaking capabilities, EigenLayer offers a comprehensive suite of features and tools that cater to the diverse needs of Ethereum users. These include security auditing tools for transactions, as well as Web3 game development tools that empower users to build and deploy their own decentralized applications.

 

Learn more here: https://www.eigenlayer.xyz/

Disclaimer: Investing in cryptocurrencies is highly risky. Please conduct thorough research and assess your risk tolerance before making any investment decisions.

Please stay tuned for more at

——————————————–

Follow SIX Network 

https://linktr.ee/Sixnetwork

Join Discord

https://discord.gg/sixnetwork

Don’t miss out follow us at:

Warisara Thepsiri
Warisara Thepsiri

Experience the magic of Blockchain with SIX Network!

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Summary of Q1 2024 Highlights for SIX Network

Posted on by warisara

Summary of Q1 2024 Highlights for SIX Network

Summary of Q1 2024 Highlights for SIX Network

SIX Network made strategic advancements in the first quarter of 2024, announcing our Roadmap 2024. Key milestones were established, with significant opportunities for dedicated ambassadors to contribute to the achievement. 

 

This summary highlights SIX Network’s Q1 activities, including an exclusive live AMA with Co-CEOs for the Roadmap 2024 announcement, the SIX Pack Program, monthly community calls, Crypto Campfire sessions, and ongoing contributions. These activities underline the importance of community, innovation, and knowledge-sharing as we continue building for the future.

 

Roadmap 2024 Announced in Exclusive LIVE AMA with Co-CEOs

Roadmap 2024 Announced in Exclusive LIVE AMA with Co-CEOs

SIX Network has announced our 2024 Roadmap in an exclusive LIVE AMA session with Co-CEOs on Thursday, 8th Feb 2024, at 6 PM (ICT Time) on our Facebook Page. The roadmap includes SIX Protocol upgrades to a modular blockchain, enhancement of DeFi products with new features, partnerships with global projects, and the development of products on the presentation layer.

 

 

Our current goal is to expand the SIX Protocol ecosystem, utilizing a modular blockchain for increased efficiency, scalability, and network expansion. We are enhancing DeFi products, fostering liquidity access, and integrating with various blockchains. Collaborations with global projects providing technology expertise and financial support. Moreover, our efforts concentrate on developing a user-friendly Presentation Layer, simplifying blockchain access with products like SIX Vault and Gen 2 Studio to streamline blockchain usage for businesses.

 

Our strategy aims to provide ongoing value to SIX holders, rewarding them through Node Staking and anticipating airdrops. The development of DeFi and global partnerships continues to boost SIX token liquidity, potentially granting special privileges to holders from collaborating businesses.

 

For more details, please visit: SIX Network Roadmap 2024 

 

SIX Network called for passionate SIX Ambassadors to join the SIX Pack Program

SIX Network called for passionate SIX Ambassadors to join the SIX Pack Program

SIX Network invited everyone to contribute to our revolutionary journey through the SIX Pack Program: The Ab-solute, the pioneering initiative that allows community members to contribute to what they believe in and make a meaningful impact. 

 

As Phase One of the SIX Ambassador Program began, passionate advocates sought to share the message of SIX Network’s secure scaling. Whether a content creator, supporter, or technical ambassador, there was a place for you in our vibrant community.

 

We selected five contributors based on the significance of their contributions. Being part of the SIX Pack Program offered the opportunity to experience monthly recognition, exclusive gear, and early access privileges. Participants were able to actively contribute to shaping the future, unlocking various perks, and refining their skills.

 

For more details, please visit SIX Pack : The Ab-solute

 

SIX Network Strengthened Community Engagement Through Monthly Community Calls and Crypto Campfire

SIX Network Strengthened Community Engagement Through Monthly Community Calls and Crypto Campfire

SIX Network aimed to grow a dynamic blockchain community through our Monthly Community Calls and Crypto Campfire sessions, providing opportunities for knowledge-sharing and engaging discussions.

 

Session Highlights:

 

  • Monthly Community Call: ‘#Modular Blockchain’ with Stocker Day

In this session, the crypto expert “Stocker Day” explored the potential of modular blockchain technology and discussed its relevance in the 2024 landscape.

 

  • Crypto Campfire with Ploy Talk: ‘Trends of Blockchain in 2024’

Ploy Talk offered insights into the trends shaping the blockchain industry during that year.

 

  • Crypto Campfire Special: NFT Insights and SIX Airdrop with iKnowTerry

The renowned Thai NFT educator, iKnowTerry, led a session on NFTs. Attendees had the opportunity to win SIX Network Airdrop rewards.

 

If you’re interested in our session, let’s be a part of the SIX Network Discord community at https://discord.com/invite/sixnetwork.

 

 

SIX Network Announces Strategic Partnership and Investment in ContributionDAO

SIX Network Announces Strategic Partnership and Investment in ContributionDAO

SIX Network announced a strategic investment and partnership with ContributionDAO, an institutional-graded blockchain infrastructure and staking services.

 

ContributionDAO announced their direction to become The Digital Asset Staking platform built for institutions and the community. They have contributed to over 60 blockchain projects and have over $200 million in staked assets.

 

This partnership opens up new opportunities to access global projects, aligning perfectly with SIX Network’s core value of promoting blockchain adoption since ContributionDAO has a strong reputation within the global blockchain community. Also, it can lead to new benefits for the users in the SIX Protocol ecosystem such as extra airdrops from global projects as a reward.

 

 

Bitget Thai KOL Meetup

SIX Network and Biget Thai KOL Meetup event

Bitget, a leading global exchange, joined forces with SIX Network to host an exclusive Thai KOL meetup. This event brought together influential figures, thought leaders, and key players from the Thai crypto community, providing a platform for them to connect, share insights, and explore potential partnerships.

 

By facilitating face-to-face interactions and encouraging open discussions, the meetup aimed to strengthen the bonds within the industry, promote knowledge exchange, and create new opportunities for growth and innovation. This collaboration between Bitget and SIX Network underscores their shared commitment to supporting the development of the crypto ecosystem in Thailand and beyond.   

 

 

Build Strong Foundation

In the first quarter of 2024, SIX Network started a new and exciting journey by sharing our ambitious Roadmap 2024 and setting the stage for our next phase of growth. This roadmap acts as our guide, focusing on moving to a modular blockchain structure, improving our DeFi products, and creating user-friendly presentation layer products. Not only did we share our plan, but we also started working on making it a reality.

 

Our strategic partnership and investment in ContributionDAO is a great example of how we are actively working towards achieving our roadmap goals. This collaboration fits perfectly with our long-term vision, opening up many opportunities for SIX Network to grow globally and create new partnerships with important players in the industry. At the same time, our dedicated team has been working hard on developing our own products and collaborating with our valued business partners on exciting new projects, which are expected to be announced in the coming months.

Please stay tuned for more at

——————————————–

Follow SIX Network 

https://linktr.ee/Sixnetwork

Join Discord

https://discord.gg/sixnetwork

Don’t miss out follow us at:

Warisara Thepsiri
Warisara Thepsiri

Experience the magic of Blockchain with SIX Network!

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นับถอยหลังปรากฏการณ์a Bitcoin Halving กับ SIX Network!

Posted on by warisara

นับถอยหลังปรากฏการณ์a Bitcoin Halving กับ SIX Network!

Bitcoin Halving Countdown with SIX Network

พร้อมที่จะฉลองวันแห่ง Bitcoin Halving Day กันแล้วหรือยัง ? 

ร่วมนับถอยหลังกับ SIX Network ในอีก 2 วัน ก่อนจะถึงวันแห่งประวัติศาสตร์ของ

Bitcoin Halving ที่ 4 ปี จะมีแค่ 1 ครั้งเท่านั้น ใกล้ถึงวันที่อาจส่งผลกระทบหลากหลายสิ่งให้วงการคริปโตสะเทือนแล้ว

 

จะเกิดอะไรขึ้นในเหตุการ์ Bitcoin Halving บ้าง ? SIX Network ได้สรุปมาไว้ให้แล้วที่นี่ 

Bitcoin Halving คืออะไร ?

Bitcoin Halving คือวันที่บิตคอยน์ถูกลดครึ่งหนึ่ง หรือเวลาที่ขุดบล็อกใหม่ในเครือข่ายบิตคอยน์จะลดลงครึ่งหนึ่งทุก ๆ สี่ปี เราจึงเรียกเหตุการณ์นี้ว่า ‘แบ่งครึ่ง’ การแบ่งครึ่งของบิตคอยน์ถูกซ่อนไว้ในระบบโค้ดของบิตคอยน์เพื่อจัดการกับการเงิน และรักษาจำนวนบิตคอยน์ทั้งหมดในระบบให้คงที่ไว้ การแบ่งครึ่งทำให้ส่งผลต่อการขุดบิตคอยน์ใหม่ ซึ่งอาจมีผลต่อราคาของบิตคอยน์และมีผลกระทบต่อตลาดคริปโตรวมถึงนักลงทุนในระยะยาวด้วย

 

หรือเรียกได้อีกอย่างว่า Bitcoin Halving เป็นเครื่องมือที่ใช้ในการควบคุมปริมาณของบิตคอยน์ โดยการลดรางวัลให้เหลือครึ่งหนึ่ง ซึ่งเหตุการณ์นี้เริ่มครั้งแรกจาก 50 BTC ต่อบล็อกในปี 2012 หลังจากนั้นลดลงมาเหลือ 25 BTC ในปี 2016 และต่อมาลดลงมาเหลือ 12.5 BTC และในปัจจุบันลดลงมาอยู่ที่ 6.25 BTC ผู้สร้างบิตคอยน์อย่าง Satoshi Nakamoto ได้ใช้เครื่องมือนี้อย่างชาญฉลาด เพื่อให้ปริมาณของบิตคอยน์เข้าใกล้กับจำนวนที่กำหนดไว้ทั้งหมด คือ 21 ล้านเหรียญ ซึ่งการแบ่งครึ่งนี้ ทำให้เกิดความตื่นเต้นและน่าสนใจแก่วงการบิตคอยน์อย่างมาก

 

ผลกระทบต่อวงการคริปโตเคอเรนซี่

ผลของ Bitcoin Halving อาจส่งผลกระทบในอุตสาหกรรมสกุลเงินดิจิทัล และจะมีผลกระทบในด้านต่าง ๆ ในตลาดสินทรัพย์ดิจิทัล ทั้งราคา, มูลค่า และกลุ่มนักลงทุนระยะยาว

 

สิ่งที่อาจจะเกิดขึ้น ? 

  • ส่งผลต่อความต้องการซื้อและการขาย: การแบ่งครึ่งของบิตคอยน์ ทำให้จำนวนของเหรียญบิตคอยน์ลดลง ซึ่งอาจทำให้มูลค่าเหรียญสูงขึ้น จึงทำให้เกิดความต้องการซื้อที่มีมากกว่าจำนวนเหรียญที่สามารถขายได้

  • ผู้คนทั่วโลกจะตื่นตัวต่อตลาดมากขึ้น: ผู้คนเริ่มมีความตื่นเต้นกับเหตุการณ์ Bitcoin Halving และคาดเดาว่ามันจะส่งผลอย่างไรต่อราคาของบิตคอยน์ จากการตื่นตัวของเหล่านักลงทุนอาจทำให้มีผู้ใช้งานในตลาดซื้อขายสกุลเงินดิจิทัลเพิ่มขึ้น และอาจส่งผลกระทบต่อราคาทั้งก่อนและหลังจากเหตุการณ์นี้

  • รายได้ของนักขุด: การแบ่งครึ่งของบิตคอยน์ ส่งผลให้รายได้ของนักขุดลดน้อยลงสำหรับการสร้างบิตคอยน์ใหม่

  • ความคุ้มค่าของบิตคอยน์ในระยะยาว: การแบ่งครึ่งครั้งนี้แสดงให้เห็นว่าบิตคอยน์อาจลงทุนยากขึ้นเมื่อเวลาผ่านไป ทำให้ดูเหมือนเป็นสิ่งที่ดี ที่จะถือไว้เป็นเวลานาน แม้ว่าราคาจะปรับตัวขึ้นหรือลงอย่างมากในระยะสั้นก็ตาม
Did you know that searches for 'Bitcoin halving' on Google have reached an all-time high ?

รู้หรือไม่ว่า ยอดการค้นหา ‘Bitcoin Halving’
บน Google ในช่วงเวลานี้สูงที่สุดกว่าที่เคยมีมา ? 

 

ข้อมูลล่าสุดจาก Google Trends พบว่า มีผู้ให้ความสนใจกับเหตุการณ์ Bitcoin Halving เป็นจำนวนมาก ซึ่งมียอดการค้นหา หรือถูกพูดถึงสูงขึ้นอย่างที่ไม่เคยมีมาก่อน ซึ่งตอนนี้คะแนนของคำค้นหา ‘Bitcoin Halving’ ได้ถึง 45 คะแนน และคาดการณ์ว่าจะถึง 100 คะแนนในอีกไม่ช้า หรือภายในสิ้นเดือนนี้ก็เป็นได้ ซึ่งเป็นการทุบสถิติจากปีก่อน ๆ และยังแสดงให้เห็นถึงการเติบโตสำหรับตลาดสกุลเงินดิจิทัล ที่มีผู้คนให้ความสนใจเป็นอย่างมากต่อราคาของ
บิตคอยน์อย่างกว้างขวาง 

 

ตอนนี้เหตุการณ์ Bitcoin Halving ได้รับความสนใจจากทั่วดลก ซึ่งดูได้จาก Google Trends ว่ามีประเทศอะไรบ้างที่กำลังพูดถึงเหตุการณ์นี้ เช่น ไนจีเรีย, เนเธอร์แลนด์, ซวิตเซอร์แลนด์, และไซปรัส นี่เป็นปรากฏการณ์สำคัญระดับโลกเลยจริง ๆ 

 

ในขณะเดียวกัน ราคาของบิตคอยน์ก่อนจะถึงวัน Bitcoin Halving มีราคาเริ่มต้นอย่างดีที่ 42,200 ดอลลาร์ และพุ่งสูงถึง 74% แตะยอดสูงสุดที่ 73,600 ดอลลาร์ในวันที่ 13 เมษายน แต่แล้วก็ร่วงลงมาอยู่ที่ราว 61,078 ดอลลาร์ ถึงอย่างนั้นนักลงทุนยังคงมีความหวังในวัน Bitcoin Halving อยู่ (ที่มาจาก : Cointelegraph)

 

 

สุดท้ายนี้

เรามาร่วมนับถอยหลังอีก 2 วันเพื่อร่วมฉลองให้กับวัน Bitcoin Halving เหตุการณ์ในประวัติศาสตร์ที่สำคัญต่อวงการคริปโตเคอเรนซี่ ไม่ว่าคุณจะเป็นผู้ถือบิตคอยน์ที่มีประสบการณ์มายาวนาน หรือเป็นมือใหม่ที่สนใจในบิตคอยน์ และแม้แต่คนที่กำลังมองหาโอกาสในการต่อยอดเทคโนโลยีและการเงิน

 

เตรียมตัวให้พร้อมแล้วมารอคว้าโอกาสทองนี้ไปกับพวกเรา!

ติดตามรายละเอียดเพิ่มเติมเพื่อไม่ให้พลาดข่าวสารของ SIX Network

——————————————–

Follow SIX Network 

https://linktr.ee/Sixnetwork

Join Discord

https://discord.gg/sixnetwork

Don’t miss out follow us at:

Warisara Thepsiri
Warisara Thepsiri

Experience the magic of Blockchain with SIX Network!

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Bitcoin Halving Countdown with SIX Network

Posted on by warisara

Bitcoin Halving Countdown with SIX Network

Bitcoin Halving Countdown with SIX Network

Get Ready for the Bitcoin Halving Day! 

Counting down just 2 days with SIX Network before we reach the historic Bitcoin Halving Day. It only happens once every 4 years and it’s almost here! What could possibly happen in the upcoming Bitcoin Halving event that might shake up the cryptocurrency world ?

What is Bitcoin Halving Day ?

Bitcoin Halving Day is when the reward for mining new blocks on the Bitcoin blockchain gets cut in half every four years. This event, called the ‘halving,’ is built into Bitcoin’s code and is a key part of its monetary policy. Its purpose is to manage inflation and maintain Bitcoin’s limited total supply.

At its core, Bitcoin Halving is a mechanism to regulate the supply of Bitcoin. By cutting the reward in half, from its initial value of 50 BTC per block to 25 BTC in 2012, then to 12.5 BTC in 2016, and now to 6.25 BTC, Bitcoin’s creator, Satoshi Nakamoto, ingeniously ensured that the total supply of Bitcoin would gradually approach its predetermined cap of 21 million coins.

 

The Impact on Cryptocurrency

The effects of Bitcoin Halving ripple throughout the cryptocurrency ecosystem, influencing various facets of the market and shaping investor sentiment.

 

What will happen ?  

  • Supply and Demand: The halving makes Bitcoin rarer over time, which can make its price go up because there’s less of it available and people still want it.
  •  
  • Market Feelings and Guesses: People are really excited about the halving and guess about what it will do to Bitcoin’s price. This guessing can make the price go up and down a lot before and after the halving.
  •  
  • Miner Money: The halving means miners get less money for making new Bitcoins. Some miners might have to stop if it costs them more to make Bitcoins than they get paid, which can change who’s mining.
  •  
  • Bitcoin’s Worth in the Long Run: The halving shows that Bitcoin will be harder to get over time. This makes it seem like a good thing to hold onto for a long time, even if its price goes up and down a lot in the short term.

 

Did you know that searches for 'Bitcoin halving' on Google have reached an all-time high ?

Did you know that searches for ‘Bitcoin halving’ on Google have reached an all-time high ?

According to recent data from Google Trends, interest in the Bitcoin halving has surged to unprecedented levels. The search term ‘Bitcoin halving’ has reached a score of 45, with Google predicting it will hit a peak score of 100 by the end of this month! This surge in interest reflects the growing anticipation surrounding this historic event. 

The Bitcoin halving has grabbed worldwide attention, as shown by Google Trends. Countries like Nigeria, Netherlands, Switzerland, and Cyprus are particularly interested, highlighting its global significance.

Bitcoin’s timing couldn’t be better for the Halving Day, riding high on recent impressive performance. Starting at $42,200, Bitcoin soared 74% to hit an all-time high of $73,600 on May 13th. Though it’s cooled to around $61,078, optimism for the halving remains strong. (source : Cointelegraph)

 

In Conclusion

So, as we countdown the next 2 days til the coming of Bitcoin Halving Day, let’s celebrate this momentous occasion in the history of cryptocurrency. Whether you’re a full time trader, seasoned holder, a curious newcomer, or just someone fascinated by the intersection of technology and finance, the Bitcoin Halving Day is an event worth paying attention to. Get ready for the countdown and let’s see where the next chapter in Bitcoin’s journey takes us!

Stay tuned for more details to not missing on SIX Network

——————————————–

Follow SIX Network 

https://linktr.ee/Sixnetwork

Join Discord

https://discord.gg/sixnetwork

Don’t miss out follow us at:

Warisara Thepsiri
Warisara Thepsiri

Experience the magic of Blockchain with SIX Network!

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SIX Network Announces Strategic Partnership and Investment in ContributionDAO

Posted on by Baicha Chalermlak

SIX Network Announces Strategic Partnership and Investment in ContributionDAO

Partnership Announcement_Contribution_DAO

SIX Network, a leading blockchain for businesses, announced a strategic investment and partnership with ContributionDAO, an institutional graded blockchain infrastructure and staking services.

 

ContributionDAO announced their direction to become The Digital Asset Staking platform built for institutions and the community. They have contributed to over 60 blockchain projects and have over $200 million in staked assets. Moreover, they are a Genesis Node Validator in 11 projects, including Sui, Connext, Celestia, Umee, Axelar, Sei, and Mina, and is also a Node Staker in 26 projects, including Ethereum, Solana, Chainlink, and many others.

 

The investment is led by KX, the investment arm of KBank, Thailand’s leading financial institution. Together, SIX Network and top global web3 investors also joined this investment to empower ContributionDAO to accelerate their business expansion.

 

This partnership opens up new opportunities to access global projects, aligning perfectly with SIX Network’s core value of promoting blockchain adoption since ContributionDAO has a strong reputation within the global blockchain community. Also, it can lead to new benefits for the users in the SIX Protocol ecosystem such as extra airdrops from global projects as a reward. 

 

This collaboration aims to leverage the strengths of both companies in blockchain technology and community engagement, paving the way for innovative solutions and sustained growth. 

 

By leveraging their combined strengths, SIX Network and ContributionDAO will actively seek out and pursue collaborations and staking opportunities with global projects to enhance extra yields or airdrops to SIX node stakers in the future.

About ContributionDAO

ContributionDAO is a decentralized contribution hub built by contributors for contributors. The platform offers services like “Contribute-as-a-Service” and “Community-as-a-Service,” focusing on building genuine communities, hosting events, and facilitating contribution tasks for their partners.

 

With products like Proof Square, a smart automation suite for community management, and C Node, a reliable blockchain infrastructure, they’ve established a strong position in the industry. 

 

ContributionDAO is also providing institutional graded staking services. The services are designed to offer users an unparalleled staking experience, setting the high industry standard.

 

The vision of ContributionDAO is to gather opportunities emerging in the web3 world and share knowledge with the community, enabling members to access technical knowledge, emerging technologies, and opportunities to drive the growth of the Blockchain Ecosystem in Thailand.

 

More about ContributionDAO:

Website l Twitter l Facebook 

 

More about SIX Network:

Website l Telegram l Twitter l Facebook l Discord l Medium

——————————————–

 

Follow SIX Network 

https://linktr.ee/Sixnetwork

Join Discord

https://discord.gg/sixnetwork

Don’t miss out follow us at:

Chalermlak Woraurai
Chalermlak Woraurai

Experience the magic of Blockchain with SIX Network!

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SIX Protocol’s Modular Upgrade: Enhanced Scalability and Flexibility

Posted on by Baicha Chalermlak

SIX Protocol’s Modular Upgrade: Enhanced Scalability and Flexibility

SIX Protocol Modular Blockchain Upgrade (1)

Blockchain technology is always changing, and modular blockchains are one of the exciting innovations. While traditional blockchains have changed the game in many industries, they can face some scalability limitations.

 

Monolithic blockchains, where all core functions happen within a single chain, often struggle to handle a large number of transactions efficiently. This is where modular blockchains come in.

Modular-Blockchain

Modular Blockchain Defined: Monolithic vs. Modular

Let’s take a look with a brief overview of the differences between modular and monolithic blockchains. A blockchain, at its core, is an immutable ledger of transactions. Most blockchains are monolithic – they handle four key functions on the same layer:

• Execution: Processing transactions to update the blockchain’s state.
• Settlement: Resolving disputes, verifying transaction validity, and ensuring “finality.”
• Consensus: Reaching an agreement between validators on transaction ordering (e.g., Proof-of-Stake).
• Data availability: Ensuring transaction data is available for the entire network to view.

 

Modular blockchains, however, separate these functions across multiple chains. This allows for specialization and optimization.

 

Why is this significant?

Monolithic blockchains try to include all the transactions above in a single layer, while Modular chains focus on one part of the stack, providing customized and efficient solutions each Modular has its responsibilities to handle their task.

 

This distinction of Modular’s concept is important when considering the Blockchain Trilemma – the idea that a blockchain can optimize for only two out of three features: scalability, decentralization, and security.

 

• Scalability:
The ability to increase transactions processed (throughput) without proportionally increasing verification costs. Modular approaches solve this.

 

• Decentralization:
Lower hardware requirements for running full nodes mean more participation. Modular chains can have larger blocks without sacrificing decentralization because the modular blockchain is dedicated to one purpose for example one can store the data, while another could focus on optimizing RPC (​​Remote Procedure Call)

 

• Security:
Modular Blockchain has its own node set to secure its chain, creating a sovereign, independent blockchain with customization.

Modular_SIX_Protocol

How SIX Protocol is Changing to Modular Blockchain

SIX Network is embracing modularity to address its growth and to increase potential use cases. This upgrade moves SIX Protocol away from a monolithic architecture toward a flexible, modular structure.

 

The modular blockchain concept has gained attention with projects like Celestia, Avail, and others. In this concept, execution, settlement, consensus, and data availability become separate functions. It’s like a team with specialized roles instead of one person doing everything.

 

SIX Network is focusing initially on the execution functions. This will allow SIX Protocol to collaborate with other modular blockchains specializing in different areas, offering more potential for global projects and scaling the SIX Protocol ecosystem.

Benefits of Modular Blockchains

Benefits for SIX Protocol Network

• Enhanced Scalability: Separating functions allows for much higher transaction throughput.

• Greater Customization: Businesses and developers can choose the specific modules they need, ensuring flexibility.

• Innovation Potential: Specialization allows teams to focus on improving execution speed, optimizing data availability solutions, or strengthening consensus mechanisms.

 

SIX Network exemplifies the modular blockchain concept. It allows network participants to become specialized nodes, which is key to scaling SIX Network and attracting more developers and projects.

SIX-modular-Benefits

Benefits for SIX Holders

The adoption of the modular blockchain approach will significantly update the consensus system within the SIX Protocol ecosystem once the core structure is established. This will transition the SIX Protocol to a public proof of stake system, removing existing limitations and allowing more SIX holders to participate in node staking. As a result, more SIX tokens will be locked in nodes, reducing their availability on the market. The staking participants will be able to enjoy rewards from staking SIX tokens as well as get possible airdrops.

Conclusion

Modular blockchains represent a significant advancement, overcoming the limitations of the monolithic blockchain. This redesigned structure offers improved scalability, flexibility, and greater innovation potential. SIX Protocol is developed for this transformation and designed to adapt and become versatile solutions for various industries in the coming year.

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Ethereum Dencun Upgrade: EIP-4844 (Proto-Danksharding) and Other Enhancements Explained

Posted on by Baicha Chalermlak

Ethereum Dencun Upgrade: EIP-4844 (Proto-Danksharding) and Other Enhancements Explained

Ethereum Upgrade

The Dencun upgrade (also called Cancun-Deneb) is a major Ethereum update scheduled for March 13, 2024. Its goal is to boost the network’s scalability and efficiency significantly. A key element of this upgrade is the implementation of Proto-Danksharding (EIP-4844), which is designed to make layer two (L2) transactions faster and significantly reduce gas fees.

 

Additionally, there are many other interesting proposals. What will be a part of this upgrade? Let’s take a closer look.

EIP-4844 (Proto-Danksharding)

EIP-4844 (Proto-Danksharding) stands out as a leading Ethereum Improvement Proposal, also known as Proto-Danksharding, introduces “blob-carrying” transactions to reduce costs associated with posting Layer 2 rollup data to the Ethereum mainnet. These transactions, carrying blob data, enable more cost-effective data submission.

 

This upgrade lays the groundwork for more advanced scalability enhancements, particularly Danksharding, emphasizing efficient blob verification through erasure coding and data availability sampling. The Ethereum community’s evolving roadmap prioritizes modular scaling with a focus on rollups and data optimization.

 

As such, let’s look at the main potential benefits of this improvement proposal:

•Lower Transaction Costs: EIP-4844 aims to drastically reduce gas fees. This will make Ethereum transactions more affordable for all users, especially for those engaged with L2 solutions.

• Enhanced Scalability: The introduction of blobs and the associated changes pave the way for Ethereum to scale its transaction throughput significantly. This scalability is key to Ethereum’s quest to onboard the first billion users.

• Improved User Experience: Lower fees and increased scalability translate into a better user experience, attracting a broader audience to the Ethereum ecosystem.

Benefits of Dencun update

The Ethereum Cancun-deneb (Dencun) upgrade is poised to introduce several network improvements:

 

• Scalability Improvements:

The addition of Proto-Danksharding is anticipated to enhance transaction processing speeds and capacities, particularly benefiting Layer 2 solutions built on the main Ethereum blockchain.

 

• Gas Fee Reduction:

EIP-4844’s integration of data “blobs” aims to significantly lower gas fees, making transactions more cost-effective.

 

• Security Upgrades:

Initiatives like EIP-6780 aim to bolster the network’s security measures, providing enhanced protection for user data.

 

• Efficient Data Storage:

The implementation of EIP-1153 is set to optimize blockchain data storage, leading to more streamlined operations and reduced costs, particularly beneficial for Layer 2 solutions relying on efficient data management.

 

• Cross-Chain Improvements:

EIP-4788 is designed to enhance the ease and security of cross-blockchain interactions, fostering improved interoperability with Layer 2 solutions.

 

In summary, the Cancun upgrade is expected to enhance Ethereum’s adaptability, security, and user experience, solidifying its position in the digital asset space and augmenting the capabilities of Layer 2 solutions.

SIX Protocol’s EVM-compatible

SIX Protocol stands out as an EVM-compatible blockchain tailored for business, offering the advantage of low gas fees. With the anticipated benefits from the Dencun upgrade, particularly for Layer 2 solutions, the synergy between these chains and SIX Network is set to create a robust ecosystem.

 

References Consensys. (2023, October 26). Ethereum Evolved: Dencun Upgrade Part 1, \EIP-5656 & EIP-6780. Part 2, EIP-7044 & EIP-7045. Part 3, EIP-4788. Part 4, EIP-7514 & EIP-1153. Part 5, EIP-4844.

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The Business Use Cases Behind Tokenizing Real-World Assets (RWAs)

Posted on by Baicha Chalermlak

The Business Use Cases Behind Tokenizing Real-World Assets (RWAs)

Tokenized RWA - SIX Network

RWA tokenization is the process of converting real-world assets (e.g., financial assets, real estate, art, commodities) into digital tokens via smart contract on a blockchain. Each token represents a share or ownership in the underlying asset, allowing for fractional ownership.

 

Tokenization offers several key features and benefits, including fractional ownership, increased liquidity, transparency through blockchain records, and lower costs due to reduced paperwork and intermediaries.

Understanding The Tokenization of Real-World Assets (RWAs)

The process of tokenizing RWAs involves selecting assets, defining token specifications, connecting to off-chain data for asset backing, deploying smart contracts, and issuing tokens. Blockchain technology is ensuring the immutability and tamper-proof integrity of these tokens.

 

Blockchain technology supports RWA Tokenization by providing a transparent and immutable record of ownership. This enables secure, direct, and efficient trading between parties, reducing transactional costs and increasing asset liquidity. Smart contracts on the blockchain automate processes and enhance security.

Importance of The Tokenization of RWAs

Tokenizing RWAs brings advantages for both asset owners and investors

There are several potential benefits to tokenizing real-world assets (RWA): 

• Fractional Ownership: Enables smaller investors to buy and trade tokens, increasing liquidity.

• Global Accessibility: Tokenized assets can be traded 24/7 on global markets, democratizing investment opportunities.

• Decentralized Record-keeping: Transactions are securely recorded on a decentralized ledger, ensuring transparency and auditability, boosting trust and reducing fraudulent risks.

•  Fractionalization Benefits: Assets can be divided into smaller parts, offering flexibility in ownership, management, and the creation of new investment products.

•  Diversification: Investors can diversify portfolios and access a wider range of asset classes by tokenizing traditional financial instruments.

Business Use Cases Examples for The Tokenization of RWAs

Real estate: Real Estate Tokenization, exemplified by the RealX Investment Token, transforms real estate investment by enabling fractional ownership. This innovative approach, similar to the RealX Token, exemplifies how investors can own a portion of high-value real estate assets. Such fractional ownership broadens market participation and simplifies the transfer of ownership, fostering a more efficient and transparent ecosystem.

 

Art and collectibles: Tokenization unlocks value in art and collectibles by allowing individuals to own fractions of valuable artworks. This democratizes access to high-value items and creates new avenues for investment. For example, a company named Freeport offered fractionalized shares of Andy Warhol paintings, allowing people to own a portion of valuable artworks.


Financial industry: Blockchain technology is already being used by established financial giants like BlackRock, Fidelity, BNY Mellon, JP Morgan, Goldman Sachs, UBS, and HSBC to tokenize a variety of real-world assets. These institutions are starting to place tokenized products with their customers, going beyond simply tokenizing assets for operational uses and savings like repo and collateral management.

Dynamic Data Layer - SIX Network

SIX Network’s Role in Blockchain Business Uses

SIX Network’s unique Dynamic Data Layer is a practical approach to blockchain business use cases. This layer, built on the SIX Protocol, serves as the data management layer within the SIX Protocol blockchain architecture.

 

Here’s a concise overview of SIX Network’s role in blockchain business uses:

1.Infrastructure Layer: SIX Protocol

• The foundational layer provides support and it is a foundation for the entire blockchain system. 

  •  
  • 2.Data Layer: Dynamic Data Layer (DDL)
  • • Positioned on top of the SIX Protocol, DDL manages data within the blockchain.
  • • Empowers businesses with adaptability, allowing dynamic changes to digital assets data.
  • • Stores and exchanges dynamic metadata of specific digital assets, enabling real-world applications.
  1.  
  2. 3. Presentation Layer: NFT Gen2
  • • The user-facing layer was built on the Dynamic Data Layer.
  • • Presents digital assets features, functionalities, and use cases in a user-friendly way.

 

SIX Network’s role in blockchain business revolves around providing a dynamic and adaptable data layer, enabling businesses to leverage digital assets in innovative and practical ways, from enhancing user engagement at events to creating valuable, real-world applications for digital assets. For more information, you can explore SIX Network’s website or learn more on how to Level Up your Business with SIX Network’s ‘Dynamic Data Layer’.

 

Learn More about SIX Network:

Website l Telegram l Twitter l Facebook l Discord l Medium

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Follow SIX Network 

https://linktr.ee/Sixnetwork

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Chalermlak Woraurai
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Experience the magic of Blockchain with SIX Network!

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SIX Network Roadmap 2024: Ready to Ride the Big Tide

Posted on by Baicha Chalermlak

SIX Network Roadmap 2024: Ready to Ride the Big Tide

Roadmap_2024

2024 is an exciting year, with major events and trends set to occur. The approval of the Bitcoin ETF has made the crypto market more appealing, and there’s more buzz with the upcoming Bitcoin halving. Meanwhile, developers in the industry are keeping things exciting by coming up with new creative ideas and solutions under a fresh narrative. Those positive events and newly-shipped inventions in the market can be interpreted as a prelude of the bullish wave.

 

At SIX Network, we’re getting ready to catch the big trends and ride the big tide. The year may be full of exciting possibilities, and SIX Network has a plan to navigate and grab whatever opportunities come our way.

 

With such positive signals in the market and an expected bullish trend, we can sum up the objectives of the 2024 year plan just as follows:

  • • Well-prepared, follow, and align with the industry’s highlighted narrative.
  • • Explore Blockchain opportunities; we’re ready to tap into multiple ecosystems.
  • • Improve the performance and ecosystem of SIX Protocol.
  • • Collaborate and expand our business, growing valuable connections with partners.
roadmap_2024_SIX_Network

Ready to Ride the Big Tide

To achieve the aforementioned objectives and make us ready for the next bull, we have the following 4 scopes of a game plan to explain to you just as written below.

SIX_Roadmap_2024_modular_update

1. SIX Protocol Upgrade: The Modular Update

SIX Protocol is preparing for a purposeful upgrade, in order to be a flexible infrastructure which is accessible by businesses, developers, and other infrastructure providers. This upgrade is the implementation of the modular blockchain concept to the SIX Protocol. 

 

The modular blockchain concept is an effective approach that has been widely discussed in the global crypto industry recently since Celestia unveiled the direction about Data Availability. After that, there are many global players like Avail and Dymension, and others, working on the modular concept to build the more effective blockchain infrastructure in the big picture. 

According to this concept, the core functions of a single blockchain network, which include execution, settlement, consensus, and data availability, will be separated. A traditional blockchain is like one person doing many jobs all by themselves. But with the modular approach, it’s like having a team where each person is good at and does just one job. 

This way, tasks are split up and handled by different chains, enhancing the overall performance and scalability of the blockchain.

Modular_SIX_Protocol

What SIX Network is aiming to do is work on the modular concept, starting with the execution and consensus functions. By implementing this concept, it will allow SIX Protocol to be able to work and collaborate with other modular blockchains, which are working on different functions. That leads to more potential to work with global projects and scale the SIX Protocol ecosystem conveniently.

Defi_SIX_Roadmap_2024

2. DeFi Strategic Transformation: Expanding Across Diverse Blockchains

DeFi is a part of our ecosystem. In this year, managing our DeFi elements in the ecosystem is what we aim to do. The main objective is to power up our DeFi-related products to be relevant to multiple chain ecosystems. Currently, the wave of new chains with new technology is emerging. Improving on our side will help the SIX Network ecosystem easier to expand and attract resources from multiple networks.

 

There are the following aspects which we work along in order to improve:

 

Tokenomics Improvement:

The concern about tokenomics is included as a part of the transformation. Not just only the product functions, the features that we expect to introduce have to be relevant to the SIX token’s economy, which may lead to more effective tokenomics in the future.

 

Enhanced Liquidity Access:

Liquidity is one of the important elements in the crypto world. The transformation will be executed with the idea of getting more access to liquidity, which can lead to solid financial strengths and sustained expansion in the long run.

 

Multi-Chain Integration:

Multi-chain Integration plays an important role in the DeFi transformation strategy. SIX Network aims to facilitate seamless transactions and interactions by placing significant emphasis on multi-chain integration. Enabling multi-chain integration enhances accessibility and opens up new avenues for users to engage with the SIX ecosystem.

SIX_Network_Global_Collaboration

3. Global Collaboration and Support for Projects

As part of our commitment to establishing a global presence, SIX Network will support and collaborate with projects in the global ecosystem, going as a dedicated supporter and unlocking new business opportunities.

Since the beginning of 2024, SIX Network has initiated collaboration with a project within the global ecosystem, laying the foundation to enter the emerging ecosystem.

 

SIX Network will provide technical expertise and financial backing to carefully selected projects. This positioning identifies SIX Network as a key contributor, leading to increased visibility, partnerships, and integrations with SIX Network products and the SIX Protocol ecosystem.

real_world_products_SIX_2024

4. Continuation of  Implementing Products for Real-World Businesses

In alignment with our renewed vision – Simplifying Blockchain Adoption, Amplify Business – SIX Network has successfully implemented and delivered products to businesses in various industries. As we move into 2024, the focus remains on sustaining and expanding these achievements by closely collaborating with businesses embracing blockchain technology.

 

Key Highlights and Continuation Strategy:

Improving the Presentation Layer

We can categorize the products we’ve developed, such as SIX Vault and Gen 2 Studio, as part of the presentation layer. This layer is what users interact with to access and utilize blockchain functions. An enhanced presentation layer will enable people to access the blockchain more conveniently and seamlessly use blockchain applications.

 

Last year, SIX Network invested significant effort into enhancing the presentation layer, aiming to help businesses and clients overcome the challenges of onboarding users to blockchain-based business activities.

This year, integrated with the modularly upgraded infrastructure of the SIX Protocol chain, the presentation layer will be enhanced further, becoming a more effective solution for real-world businesses.

implementing_real_product

NFT Gen 2 Integration:

 

Gen 2 Studio (Ex-NFT BUIDLER Garage) :

 

SIX Vault:

 

As we advance into 2024, our commitment to implementing and enhancing SIX products for real-world businesses remains unwavering. We look forward to collaboration with our partners, driving innovation and facilitating the adoption of blockchain technology in diverse and global business activities.

Benefits for SIX Holders

The adoption of the modular blockchain approach will significantly update the consensus system within the SIX Protocol ecosystem once the core structure is established. This will transition the SIX Protocol to a public proof of stake system, removing existing limitations and allowing more SIX holders to participate in node staking. As a result, more SIX tokens will be locked in nodes, reducing their availability on the market. The staking participants will be able to enjoy rewards from staking SIX tokens as well as get possible airdrops.

circulating_Token

A strategic transformation towards DeFi and support for global projects will open new doors of opportunity, leading to increased usage, transactions, and liquidity within the SIX Protocol ecosystem. This will create a conducive environment for long-term growth.

 

The continuous integration of SIX products into real-world businesses will extend the reach of the SIX Network beyond the realm of cryptocurrency and establish strong connections with the real sector. Real-world business projects may also offer occasional privileges for SIX holders.

 

Everything we do aims to create essential values for holders and establish a sustainable business.

 

Please stay tuned for our exciting preparation for the big bull!  

Started Strong, Stay on Track

SInce the beginning of 2024, we have already kicked off the projects and what to do for this year and will continue to strive for being well-prepared for the next bullish market. Our works under the aforementioned scopes will be announced throughout this year. 

 

Please stay tuned for our exciting preparation for the big bull!  

 

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Follow SIX Network 

https://linktr.ee/Sixnetwork

Join Discord

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Don’t miss out follow us at:

Chalermlak Woraurai
Chalermlak Woraurai

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SIX Network: 2023 Year-End Highlights

Posted on by Baicha Chalermlak

SIX Network: 2023 Year-End Highlights

SIX Network: 2023 Year-End Highlights

As we conclude 2023, this blog provides a concise yet thorough summary of our achievements and strategic efforts throughout the year.

 

Let’s start exploring these exciting updates and see the progress made by SIX Network.

Six Network_Year-End Summary 2023_Final

SIX Network Rebranded: New Vision Prepared for New Future

SIX Network, as a player in the blockchain field, is changing to keep up with this fast-moving industry. We’ve decided to refresh our brand to better show what we’re all about. Our new goal is to make blockchain easy, user-friendly, and safe for everyone. This fits well with how we already do business. We’re working on real ways to use blockchain for companies, building a strong base for the SIX ecosystem. This rebranding is a new step for us, as we aim to lead in blockchain innovation, making sure our services are advanced, easy for everyone to use, and secure.

 

Expand to the Ethereum Network for Growth

Ethereum is known for its strong blockchain network that is compatible with many top exchanges around the world. It also has a well-established ecosystem and supportive communities. These are the reasons we decided to bring the SIX token to the Ethereum chain. Ethereum is popular and trusted in the blockchain world, making it a great place for our SIX tokens to grow and reach more people globally. Being on Ethereum also makes it easier for us to connect with big businesses and investors.

 

In addition to introducing the SIX token on the Ethereum network, we have also upgraded the SIX Protocol to be EVM-supported. We want our ecosystem to be friendly for EVM developers and they can understand and implement their projects on the SIX Protocol chain at ease. This step marks as an important step to help SIX Protocol grow in the long run.

 

Create Business Uses by Implementing Projects with Partners

We have formed partnerships with notable companies such as Fellaz, Techsauce, Cryptomind Group, and BNK48, and have implemented our blockchain solutions like NFT Gen2, Dynamic Data Layer, and SIX Protocol to positively impact their businesses. These solutions have proven to be effective and user-friendly, particularly our NFT Gen2, which is simple enough for even those unfamiliar with cryptocurrencies to use. This ease of use allows our clients to introduce blockchain applications across various business types.

 

Our 2023 projects with business partners are just the beginning. We’re currently working on and discussing new projects with various companies. The success of our past projects is leading to opportunities to work with even more partners. This growth means that more people are using the SIX Protocol chain and will lead to sustainable growth in the future.

 

Reaching Global Audiences by Listing on Top Exchanges

Since we have aimed for a global expansion, listing on international crypto exchanges is an important activity for us. In 2023, we successfully listed SIX to various exchanges including LBank, MEXC, and Poloniex. As a result, it’s much more convenient for our international audiences to get access to SIX tokens.

More than that, SIX token’s trading volume in Korea was skyrocketing during the Christmas campaign on Bithumb exchange. That is a significant move to emphasize the existence of SIX tokens in South Korea.

 

All to More Opportunities

Continuing this momentum into the future, our primary objective is to deepen the impact and reach of our blockchain products. We are committed to not just introducing innovative technology but also ensuring it adds real value to our clients and partners. As a result, our efforts in 2023 have opened up more business opportunities and set the stage for significant ecosystem growth moving forward.

 

Year-End Recap: A Journey Through 2023

As 2023 comes to an end, let’s reflect on a year of growth, partnerships, and achievements at SIX Network. 

This recap is a snapshot of the efforts and successes that defined our 2023. Here’s to celebrating progress and looking forward to an exciting future

 

January: Navigating the Path Forward

SIX Network kicked off the year with the launch of Roadmap 2023 and the introduction of the “SIX Roadmap Journey Update” page, laying the groundwork for the journey that lay ahead.

 

February: Recognition in the Crypto Landscape

By striving for excellence, SIX Network earned recognition by securing the 7th position out of 25 high-quality projects in Huobi PrimeVote’s 3rd Round.

 

March: Technological Advancements and Strategic Collaborations

March witnessed the enhancement of the SIX Bridge feature to support the SIX Protocol Chain and the introduction of NFT Tickets at Ultra Abu Dhabi, along with the successful sell-out of both rounds of the Individual Node Program, underscores strong community support. 

 

Additionally, partnerships with SIIG and WIRTUAL have been established, promising collaborative opportunities. 

 

April: Building Bridges and Community Festivities

SIX Network strengthened its position by collaborating with BIFROST as Node Validators for each other, launching the SIX Network x WIRTUAL Campaign, and actively participating in the Pioneering Smart Contracts: Google x Chainlink Bootcamp.

 

May: Embracing the Ethereum Ecosystem

A significant milestone was achieved in May as the SIX Protocol was updated to support EVM, paving the way for seamless integration with the Ethereum ecosystem.

 

June: Market Expansion and Token Milestone

SIX Token achieved global recognition with its listing on MEXC Global, a top 20 global exchange. The month also saw the announcement of the FINIX Token 3rd Halving, highlighting the company’s commitment to the tokenomics structure.

 

July: Collaborations and Blockchain Exploration

Strategic partnerships with Techsauce, collaboration with Bitkub Chain as a PoS Consensus Node Partner, and the exploration of NFT utilities in the virtual world with Bitkub Metaverse showcased SIX Network’s versatility and strategic vision.

 

August: Technical Achievements and Global Presence

August was marked by the successful migration of the SIX Token to Ethereum (ERC-20) and its upgraded support for Ethereum. The company secured its listing on LBank Exchange, further solidifying its position in the global cryptocurrency market.

 

September: NFT Ventures and Web3

Teaming up with One Asia Ventures, announcing a partnership with iAM, BNK48’s licensing partner, and signing an MOU for global Web3 business collaboration with Galaxia Metaverse showcased SIX Network’s global outreach and commitment to innovation.

 

October: Branding Evolution and Token Recognition

A strategic shift occurred in October as SIX Network successfully rebranded for blockchain adoption and business amplification, with a focus on B2B sectors.

 

November: Continued Expansion and NFT Engagements

Continued expansion efforts with a partnership with Bitkub Chain, an engaging NFT Quest Hunting at Blockchain Genesis 2023, and the design of a Digital Pass for ESL Thailand Clash of Nations 2023 further show the company’s presence in the blockchain and E-sports industry.

 

December: Strategic Partnerships for Future Growth

The year concluded with the announcement of a strategic partnership with Plearn, setting the stage for future growth and collaboration. Moreover, SIX Network accomplished an impressive milestone by reaching the top 3 trading volumes on Bithumb through a successful Christmas Airdrop.

 

As you see, Thank you for joining us on this journey through 2023. As we turn the page to a new chapter, stay tuned for more updates and exciting developments in the world of SIX Network.

 

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Follow SIX Network 

https://linktr.ee/Sixnetwork

Join Discord

https://discord.gg/sixnetwork

Don’t miss out follow us at:

Chalermlak Woraurai
Chalermlak Woraurai

Experience the magic of Blockchain with SIX Network!

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