According to official reports, ARROW's pioneer network ORION has completed the first pledge airdrops in 13th December,2020. The data shows that a total of 250,000 ORIs were released to the community, with 70,000 participants, and they were finally obtained from more than 6,000 accounts, which took 15 minutes.
ORION, as ARROW's pioneer network and Polkadot's ecological project, is built using Substrate technology, aiming to create a brand new general blockchain development platform. In the future, ORION will connect to ARROW as an independent network and become its parachain.
In ORION, anyone can create a prediction market for their topics of interest anywhere, which everyone has qualified to set up your own personalized platform or proving ground to sell the goods he like and don't need any centralized approval, the user can choose to share all their recognition of goods in the market and obtain the corresponding remuneration. Reputation and benefit together drive the market, and blockchain technology is responsible for the escort. Another important feature of ORION's platform is to reduce fraud and counterparty risk: Currency transactions on the platform are tightly regulated through smart contracts, and the system ensures that no one can present an untrue outcome to an event. ORION will build a highly autonomous and trusted predictive marketing platform that does not trust any individual or organization.
ORION introduces blockchain technology into the chip, and uses the underlying data structure of the blockchain to store a large amount of transaction information in a self-referencing data structure. The block is composed of multiple transaction records, and is ordered from back to front, so that the block could not be tampered with and could be easily traced. The blockchain structure of the traditional blockchain is the bottleneck that hinders the improvement of the concurrency of the blockchain. Technical geeks are constantly looking for more efficient forms of data block linking, , putting forward directed acyclic combined with block chain solution and no charge to an account of ORION packaging block this process. And the process of charge to an account realized by mutual confirmation of users, thus can greatly shorten the time of the transaction confirmation.
As the most promising blockchain ecosystem, ORION perfectly combines the advantages of Bitcoin and Ethereum, and solves the inherent shortcomings of the existing blockchain system. ORION will continue to build a basic platform, as well as the development and iteration of various product development and commercialization projects, to gradually form a blockchain economy, improve industry efficiency, and promote the efficient and coordinated development of society.
ORION, the core technology, linking the world.
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