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SIX Network Partners with ABC South Korea’s Top Security Company

Posted on by warisara

SIX Network Partners with ABC South Korea’s Top Security Company

SIX Network Partners with AhnLab Blockchain Company (ABC), a Subsidiary of South Korea’s Top Security Company

SIX Network is thrilled to announce our new partnership with AhnLab Blockchain Company (ABC). ABC and SIX Network are Web3 technology companies operating in Korea and Thailand, respectively. ABC provides an API-based Web3 Wallet service in Korea, while SIX Network offers Web3 services in Thailand. This collaboration between the two companies has the potential to advance Thailand’s Web3 ecosystem and drive innovation on an international scale.

 

Introducing AhnLab Blockchain Company, INC. (ABC)

 

AhnLab Blockchain Company, INC. (ABC) is a subsidiary of AhnLab, South Korea’s leading security service provider, which has delivered transaction security solutions to over 25,000 organizations worldwide. ABC developed the Web3 Wallet known as ABC Wallet, a user-friendly tool designed for browser integration that supports multiple blockchain networks, including BNB Smart Chain, Polygon, Ethereum, Klaytn, and more. The wallet utilizes MPC (Multi-Party Computation) technology, which ensures the security of key recovery through multi-party verification, providing robust protection against hacking and other security threats. ABC plans to expand its reach to Layer 2 platforms, which offer strong and stable ecosystems.

 

ABC also has notable partnerships in South Korea, including SK Telecom, Klaytn, Chainlink, Finschia, and others.

SIX Network Partners with AhnLab Blockchain Company (ABC), a Subsidiary of South Korea’s Top Security Company

Collaboration between SIX Network and ABC

ABC plans to introduce ABC WaaS to the development of Web3 DApp projects in Thailand with support from SIX Network. This partnership aims to foster the growth of the Web3 ecosystem and expand the global reach of these innovations. As part of this collaboration, SIX Network will offer Web3 DApp development and consulting services to clients in Thailand. ABC will help connect potential customers who align with SIX Network’s strategies and products, extending SIX Network’s reach into the South Korean market. Additionally, ABC will promote SIX Network’s technologies and innovations to the Web3 DApp project community, increasing visibility and awareness among users.

 

Strengthening Web3 Wallets with SIX Network and ABC

 

Through this partnership, SIX Network and ABC aim to strengthen Web3 Wallet technology using SIX Ecosystem’s Dynamic Data Layer and NFT Gen 2. The integration of ‘Web3 Wallet’ and ‘DApp’ will enhance user experiences and provide a variety of features within the Web3 ecosystem.

 

The collaboration between SIX Network and ABC will not only lead to the growth of the Web3 ecosystem in Thailand and South Korea but also open new opportunities for businesses and users in both countries to access cutting-edge technology through highly efficient digital wallets. This partnership represents a significant step forward in developing and driving innovation that can truly reshape the technological landscape in the future.

 

About SIX Network

 

SIX Network specializes in Real-World Asset (RWA) tokenization as a service, leveraging blockchain technology to provide solutions that enhance business efficiency and address challenges in managing real-world assets. The company’s services focus on digitizing physical assets such as property, ticketing systems, membership programs, and customizable solutions. By converting these assets into digital tokens, we enable businesses to increase asset value, create new engagement opportunities, and improve customer participation across various sectors.

Learn More about SIX Token and SIX Network:

Website l Telegram l Twitter l Facebook l Discord l Medium

 

Note:

1.This article is intended for informational purposes only. Please conduct your own research before making any investment decisions related to cryptocurrencies

 

2. Cryptocurrency and digital token involve high risk; investors may lose all investment money and should study information carefully and make investments according to their own risk profile.

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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SIX Network and FANDOM STUDIO Announce Partnership Collaboration to Advance Entertainment Industry

Posted on by warisara

SIX Network and FANDOM STUDIO Announce Partnership Collaboration to Advance Entertainment Industry

SIX Network and FANDOM STUDIO Announce Partnership Collaboration to Advance Entertainment Industry

SIX Network is excited to announce our partnership with FANDOM STUDIO for the Fan-Fi project, making it easier for fans to access artists.

 

✨🎁 Along with a giveaway event worth over $1,600 USD on Galxe

 

We’re thrilled to partner with FANDOM to enhance the media and entertainment industry through blockchain technology from the SIX Ecosystem. This collaboration aims to promote businesses or the entertainment industry and create activities that enable fans and users to access artists, idols, music works, and other benefits through Fan-Token NFTs. These tokens are platform-specific coins used to gain various special rights (Token Utility) from projects.

 

We are applying blockchain technology to real-world businesses, and this time marks another step into the entertainment industry, particularly the thriving K-pop scene in both Thailand and globally. With dense populations of K-pop fans worldwide, FANDOM STUDIO sees a great opportunity to create projects that grant them easier access to their favorite artists.

 

Through various activities on the Web3 platform, utilizing blockchain technology and innovative solutions from SIX Network, we aim to facilitate this access.

FANDOM: Transforming Entertainment with Fan-Fi (Social-fi) Innovation

FANDOM is the platform that bridges the world of artists and fan clubs into one cohesive experience. FANDOM STUDIO is set to revolutionize the entertainment industry with Fan-Fi (Social-fi) innovation, utilizing Fan-Token NFTs to connect users and engage them in activities with artists. This offers fans a new way to interact with their favorite artists in a unique and immersive experience.

 

FANDOM STUDIO has collaborated with renowned artists like G-DRAGON from South Korea, presenting the ‘PEACEMINUSONE’ NFT collection for everyone to collect. And now, they are gearing up to release an exclusive NFT music collection from the legendary ‘Michael Jackson,’ the king of pop, launching soon.

 

The highlight of FANDOM STUDIO lies in its partnerships with various Web3 projects such as Crypto.com, BNB Smart Chain, the SANDBOX, HAVAH, and many others. Additionally, it has garnered support from investor groups like Jump Crypto, IDG Capital, NGC Ventures, and collaborated with major entertainment companies in South Korea.

 

This utilization of NFTs provides tangible benefits to users, coupled with collaborations with TikTok FANDOM, aiming to expand its user base to over a million users from TikTok, ushering them into the digital world. This will result in a diverse global user base familiar with blockchain technology, NFTs, and the Web3 world, all stemming from the entertainment industry.

SIX Network: Leading Blockchain Solutions for Real-World Businesses

SIX Network provides a modular blockchain solution tailored for Real-World Assets (RWA). Its SIX Protocol acts as the consensus and settlement layer, while RollApp as a Service supports app execution. The Dynamic Data Layer manages business data on the blockchain, enhancing various business use cases and enabling the tokenization and management of physical assets, thereby broadening the scope of asset utilization and liquidity.

The Collaboration Between SIX Network and FANDOM STUDIO

SIX Network is dedicated to providing blockchain solutions that cater to the needs of real-world businesses. By leveraging blockchain technology, we aim to develop various business projects to enhance their growth and efficiency. Our collaboration with FANDOM STUDIO exemplifies this commitment, as we support our SIX Ecosystem technology to connect artists and fans seamlessly.

 

We have previously collaborated with renowned idol groups like ‘BNK48’ from Thailand, receiving positive feedback for our ‘NFT Nigiri’ collection. This allowed fans to collect NFTs for exclusive rights from their favorite artists. In this case, we utilized both the Dynamic Data Layer and NFT Gen 2 technologies to develop this project.

 

SIX Network is dedicated to continuous blockchain technology development, offering comprehensive solutions tailored to diverse business needs. Our goal is to lead the blockchain solution sector for real-world businesses and facilitate efficient and secure business operations

✨🎁 Participate in the giveaway activities totaling over $1,600 USD on Galxe ✨🎁

Join the fun with us on Galxe here

Following SIX Network and FANDOM STUDIO

SIX Network

Website l Telegram l Twitter l Facebook l Discord l Medium

FANDOM STUDIO
Website | Telegram | Twitter | Discord | Medium | TikTok

 

Note:

1.This article is intended for informational purposes only. Please conduct your own research before making any investment decisions related to cryptocurrencies

 

2. Cryptocurrency and digital token involve high risk; investors may lose all investment money and should study information carefully and make investments according to their own risk profile.

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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SIX Token is Listing on Bitget: Best Copy Trading Platform

Posted on by warisara

SIX Token is Listing on Bitget: Best Copy Trading Platform

SIX Token is Listing on Bitget Best Copy Trading Platform on April 29, 2024

SIX Token is Listing on Bitget Best Copy Trading Platform on April 29, 2024

 

SIX Network, a prominent player in Blockchain Solutions, has announced the listing of SIX token ($SIX) on Bitget, a leading cryptocurrency exchange platform with over 2 million users engaged in Bitget Copy Trading. Ranked 12th globally in terms of trading volume, Bitget stands out for its diverse services and derivatives trading.

 

The platform has added the SIX/USDT trading pair effective April 29, 2024, at 11:00 (UTC) or 18:00 (GMT+7). This listing supports $SIX on both Ethereum and BNB Smart Chain networks.

 

 

Benefits of Listing SIX Token on the Bitget Platform

By listing SIX token on Bitget, will unlock the potential for users to engage with these innovative investment products and increase demand for your token.

Additionally, security is a top priority at Bitget. They employ advanced security protocols and technologies to ensure the safety of user funds and transactions.

The listing of $SIX on Bitget opens up new avenues for users to access $SIX conveniently. Being listed on a platform with over 2 million users like Bitget enhances visibility for the SIX Ecosystem and its associated services. This move not only facilitates increased accessibility to $SIX for Bitget users but also adds credibility.

Moreover, it serves as a potential avenue for attracting new partners to promote widespread usage, fostering the efficient growth of the SIX Network. Additionally, it provides added convenience for investors interested in investing in $SIX.

 

 

About Bitget: Best Copy Trading Platform

Bitget, a cryptocurrency exchange platform, was established in 2018 with a focus on derivatives trading. It offers a wide range of features and services including Spot trading, Copy Trading, Launchpad, Savings, and more. With over 2 million users, Bitget facilitates daily trading volumes of up to 5.6 billion dollars, making it a highly popular Copy Trading platform.

Bitget is committed to developing its platform into a comprehensive solution for secure and holistic cryptocurrency investment.

 

Bitget register here click!👆🏼

 

Learn More about Bitget:

Website | Twitter (X) | Facebook

 

 

About SIX Token

$SIX by SIX Network serves as the medium of exchange within the SIX Ecosystem, comprising various tools to facilitate easy adoption by businesses. These tools include decentralized applications (dApps) and platforms aiding in the creation, promotion, and management of digital assets.

Moreover, we’re now offering support for deposit and withdrawal on both the Ethereum and BNB Smart Chain networks. SIX Token is utilized as a fee within the SIX Protocol blockchain network. Users conducting cryptocurrency transactions or smart contracts are required to pay a certain amount of $SIX to validators. The amount of $SIX used as fees varies based on the complexity of transactions and usage, thereby enhancing the growth and stability of the blockchain network.

 

 

About SIX Network 

SIX Network is a Blockchain Solutions company striving to create a conducive environment for utilizing blockchain technology in businesses.

The company has developed the SIX Protocol and various projects within the SIX Ecosystem to enable businesses to leverage blockchain technology benefits in their operations.

SIX Network is a collaboration between Future Stream Network Asia (FSNA), Computerlogy, and Ookbee U. FSNA and Computerlogy are subsidiaries of Future Stream Network, one of the largest digital conglomerates in the Korean securities market, while Ookbee U is a joint venture between Ookbee and Tencent, a large UGC community in the Southeast Asian region.

Learn More about SIX Token and SIX Network:

Website | Telegram | Twitter | Facebook | Discord | Medium

 

Note:

1.This announcement is intended for informational purposes only. Please conduct your own research before making any investment decisions related to cryptocurrencies or token listings.

 

2. Cryptocurrency and digital token involve high risk; investors may lose all investment money and should study information carefully and make investments according to their own risk profile.

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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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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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

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Chalermlak Woraurai
Chalermlak Woraurai

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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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Chalermlak Woraurai
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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 

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Chalermlak Woraurai
Chalermlak Woraurai

Experience the magic of Blockchain with SIX Network!

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