125th Weekly Report of Molecular Future

Molecular Future
4 min readJun 8, 2020

--

Hello, supporters of Molecular Future:

It’s the 125th issue of Molecular Future Weekly! The project is carrying on tests in many ways, including website and mobile. The updated content in APP and website will be released soon! In this weekly issue, we will present you the hotpot information.

Best Fund this week

XBTING Foundation ETF Fund (USDT)

Initial net worth (February 19th, 2019) 1

Latest net worth (10th April, 2020) 1.5464

Total increase +54.6%

Tech Development

MOS public chain account type development (Basic Account, MRC20 Contract Account, MRC21 Contract Account, Joint Account)

Optimization of MOS contract engine

Support the new version of Solidity contract

VRF consensus algorithm development of MOS public chain P2P layer

SDK optimization of APP fund section

Industry Information

The number of independent addresses in Ethereum exceeds 100 million, the long-term holding addresses exceed the Bitcoin network

According to IntoTheBlock , in addition to the annual return rate of Ethereum is higher than Bitcoin, the total number of addresses holding ETH is currently 39.96 million, exceeding the total number of Bitcoin holding addresses of 30.1 million. In addition, the number of wallets holding more than 32 ETH (the minimum amount for staking) has grown last year, which is considered a big step for Ethereum to version 2.0. According to EtherScan, the number of Ethereum independent addresses now exceeds 100 million. Since late February this year, the Ethereum network has added about 100,000 addresses on the previous day. By June 5, 2020, there were 251,713 new addresses per day, but this number is still lower than the historical record of 355,726 new addresses set on January 4, 2018.

Philadelphia Fed: Central bank digital currency can replace the function of some commercial banks

The Federal Reserve released a 32-page research report on central bank digital currency. This report focuses on the meaning of account-based central bank digital currency (CBDC), focusing on its potential competition with commercial banks in the conversion of traditional roles. The research report said that the introduction of digital currency may cause a fundamental change in the financial system architecture, and the central bank should be open to everyone. But the research report also pointed out that the central bank digital currency can replace some commercial banks to meet the needs of lenders and borrowers, but if the central bank digital currency CBDC destroys the role of traditional commercial banks and allows more borrowed money than loaned, then people There is concern that the central bank may harm the currency market.

Product introduction

Molecular Future is jointly invested by Molecular Group, Eagle Fund, Hong Kong Capital Fund, XBTING Foundation, HCASH Foundation, and Bank of China Capital. The platform uses stable and secure blockchain technology and connects with the world’s top financial quantification teams to provide users with efficient and convenient financial services.

Molecualr Future APP:

Twitter: molecular_cc

Facebook: https://www.facebook.com/Molecular-Future-174052386665904/

Telegram: https://t.me/molecularfutureofficial

Molecualr Future Official Website:

http://www.molecular.cc

MOS (Mega Operation System)-The World’s Leading Financial Public Chain

Website: www.mos.network

--

--

Molecular Future

Molecular Future is committed to creating a global one-stop digital asset investment service platform.