What Does “Li Ku Qu” Mean?

08/17/2023 04:20 • Crypto & Markets • 61 views

Editor’s note: This article is from the Feng Huo Lun Community (ID: FHBT18), written by Peipei and authorized for reprint by Odaily Star Daily.

Hello everyone, I am Li Ku Qu! Recently, I have received several messages from readers on Weibo asking me about “Teacher Li”. How should I put it? Because I feel that I shouldn’t write anymore. However, it is still somewhat interesting. Last night, I saw an article about Li Xiaolai, which I believe some friends might also be interested in. Today, I want to talk about a content: What the hell is the article you mentioned, isn’t it just a non-professional book? So, there are many people in this article who will mention Li Xiaolai’s stories, but it is actually for the purpose of understanding these stories. However, most people may not understand this topic and the information related to it or have problems understanding it. For example, we all know that many friends are unfamiliar with this concept and don’t know what they think blockchain is. If we look at it from a certain perspective, it is a project that is very well-known in the cryptocurrency circle. And the so-called “chain reform” here refers to taking something out and doing some speculation before selling it on the exchange; however, this description is inaccurate in the current market. The terms “chain reform”, “coin reform”, “coin exchange”, etc. have been quoted by various media many times. So why is it simply translated as “chain reform”? The reason is that blockchain itself is a technology, and its application scenarios are very extensive. Therefore, the development direction of blockchain is to first operate commercially through digital currencies, ICO, etc. Of course, it will not land and popularize quickly for the entire industry, after all, the market value of Bitcoin is still growing. But there are not as many things like this as imagined. With the increasingly perfect and developed blockchain technology, some new application scenarios will definitely emerge. As for the specific landing scenarios, there are currently not many things worth discussing. What needs to be focused on is that the next step must be centered around practical actions rather than limited to the value exploration of the virtual world, that is, hoping to ensure the interests of more people. “+ Blockchain+Economic and Social Governance System” includes the following aspects:

1. Blockchain is a new theory of production relations that can help solve some problems in traditional economics. For example, assuming that the existing economic system does not produce substantial innovation and will form new industrial patterns in the future, leading to the collapse of the economic system, this is a big bubble. In addition, blockchain as a new form of technology still needs to be developed and explored. The biggest supporting factors behind it include consensus mechanisms and smart contracts. 2. Based on Ethereum, issuing its own tokens and ecosystem-like ERC20 standards, anyone can generate tokens and participate in building a network world through this protocol. 3. Using Ethereum’s token incentive model to encourage users to join the network space and organization, thereby achieving self-value enhancement. 4. What is the difference between “CryptoKitties” game and other categories of games? First and foremost, CryptoKitties is more popular than other types of games. In addition, CryptoKitties has certain different characteristics compared to most types of games. First, they are open-source software, and developers can create custom characters to manage their own game rules through code or tools. The second part will support different gameplay. The third part focuses on social platforms and NFTs, such as DApps on Facebook and games in the metaverse, as well as land in Decentraland, and so on.

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What Does “Li Ku Qu” Mean?

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