8 months ago
PRESS RELEASE. LBank, a salient planetary cryptocurrency trading platform, is thrilled to present EchoLink, its newest Launchpad initiative. Following the occurrence of 3 erstwhile Launchpad projects featuring $PINs, $UMM, and $AIMEME, EchoLink is poised to revolutionize the scenery of blockchain exertion successful IoT integration.
Introduction of EchoLink
EchoLink, an IoT oracle deployed connected the Solana blockchain, is not conscionable a leap guardant successful DePIN networks; it’s a paradigm displacement towards decentralized, crowdsourced models. At the bosom of this translation lies the almighty $ECHO token, unlocking caller possibilities for governance, staking, and precocious features wrong the EchoLink ecosystem.
Core Functionality
$ECHO takes halfway signifier arsenic EchoLink’s superior inferior token, propelling the validation and rewarding mechanics of IoT devices done the groundbreaking Proof of Device Work (PoDW). This mechanics translates the carnal efforts of IoT devices into integer value, creating a symbiotic narration wrong the blockchain ecosystem.
Innovative Features
$ECHO not lone serves arsenic a inferior token but besides paves the mode for innovative features wrong EchoLink. Leveraging precocious technologies similar Zero-Knowledge Proofs and Fully Homomorphic Encryption (FHE), $ECHO ensures information privateness and security, making it an indispensable constituent of the EchoLink ecosystem.
Echo Oracle Architecture
$ECHO plays a important relation successful EchoLink’s blase oracle architecture, ensuring credibility, businesslike information distribution, and information privateness and security. This token becomes the cardinal to unlocking the imaginable of EchoLink’s Data Trust Engine, Dynamic Data Flow Controller, Multi-Protocol Data Interface (MPDI), and Transparent Verifier.
$ECHO and $ED Tokenomics
EchoLink introduces a dual-token system, with $ECHO acting arsenic the superior inferior token and $ED representing credits for utilizing EchoLink’s information services and APIs. The tokenomics are meticulously designed to promote semipermanent holding and sustainable growth, with $ECHO taking the pb successful governance decisions.
Roadmap and LBank Launchpad Participation
As EchoLink’s roadmap unfolds, $ECHO holders are acceptable to play a pivotal relation successful the project’s development. From the improvement of Edge Node hardware to the main motorboat of Echo Oracle, $ECHO holders participating done LBank launchpad volition lend to shaping the aboriginal of IoT integration.
Participation successful EchoLink is unfastened to each LBank users, offering an inclusive accidental to beryllium portion of this groundbreaking project. Users tin articulation by gathering circumstantial holding conditions and making contributions successful USDT. To facilitate a seamless information process, a broad usher has been crafted, detailing each measurement of the way. This includes a dedicated snapshot play spanning from January 17 to 24, 2024, with conditions tailored to holdings successful assorted cryptocurrencies specified arsenic BTC, ETH, USDT, and more.
About LBank
As EchoLink takes halfway signifier connected LBank Launchpad, observers are invited to articulation a voyage into the aboriginal of integer plus trading. LBank, recognized arsenic a planetary pioneer, is unwavering successful its committedness to delivering a secure, efficient, and holistic trading experience. Witness the unveiling of EchoLink, a testament to LBank’s dedication to fostering innovation and reshaping the contours of decentralized networks. The aboriginal beckons, and LBank serves arsenic the gateway to a satellite wherever innovation converges seamlessly with opportunity.
For media inquiries, delight contact:
Eddy Wang
PR Manager, LBank
Email: [email protected]
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