📚Chapter 1: Advantages and Disadvantages of Public Chain and DeFi Track

1.1 Overview of Public Chain

In recent years, the development momentum of the blockchain gaming industry has become increasingly strong, and game users worldwide have gradually increased their recognition and acceptance of blockchain games. In particular, the core advantage of blockchain in achieving digital asset ownership allows users to have ownership of game products' accounts and virtual assets. While blockchain games have swept the world, they allow games to be free, smooth, and Unobstructed deployment on the blockchain has become the most promising gateway for development.

Public chain refers to the introduction of consensus mechanisms, smart contracts and other technological means to form a high-performance, efficient, and low-cost global game ecosystem. It is a blockchain that can be read, sent, and effectively confirmed by anyone in the world, and can also participate in the consensus process.

At present, the public chain has made significant improvements in technological innovation, security and stability, business models, and application scenarios. With the close connection between the public chain and the gaming industry, it will be able to promote the transformation and upgrading of the traditional gaming industry, and also contribute to the prosperity and development of the global blockchain gaming ecosystem.

1.2 Advantages of Public Chain

(1) Free, fair, and secure access to the global ecosystem on the chain

The public chain is based on the most advanced blockchain technology to ensure the security and reliability of data. Users can freely trade, create and explore on this platform, which allows users to use the unique digital identity to play various types of games around the world more quickly, and this open model also allows users and developers to establish closer ties and cooperation.

(2) Develop application on the chain that maximizes performance and minimizes cost

The public chain develops and manages smart contracts, smart wallets, and blockchain games through strategic design. We provide a platform for global developers to quickly develop and deploy applications, allowing them to have better performance and lower cost blockchain applications in the shortest possible time. We provide blockchain based solutions for landing applications in various industries, achieving process decentralization and automation, and effectively reducing costs and maximizing benefits.

(3) Maximize the expansion of future business models and freedom

The public chain is like an efficient, safe, and convenient smart highway, providing a core service system for all program applications running on it, as well as project and platform services for ecological users, and striving to improve user experience. At the same time, the public chain allows users to participate in Community Governance, realizing a huge ecosystem of global users, developers, operators and others to jointly maintain rules and order.

1.3 Problems and Solutions in the DeFi Market

With the rapid development and popularity of the DeFi market, development and operation costs have been reduced, thereby driving more developers, communities, and users to flock to the DeFi track. However, the limited capacity and throughput of the market have led to an excess of user traffic and assets. In addition, the downward expectations of the market have led to the continuous withdrawal of capital from various global markets, thickening of idle assets in the DeFi market, and depletion of liquidity. At the same time, the DeFi applications deployed on various public chains are limited by the scalability issues of public chains, and the DeFi market is increasingly showing a passive fragmentation state. The situation of surplus and useless assets in multi chain markets is becoming increasingly severe.

Therefore, by continuously consolidating, innovating, and strengthening consensus algorithms, expansion technologies, lightning networks, encryption technologies, distributed storage, and other technologies, the performance, capacity, and scalability of the public chain can be improved, so as to achieve the orderly circulation of multi-chain assets and promoting the development and prosperity of the overall market.