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What is Speed Coin (What does “speed” mean in Chinese)

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What is Speed Coin? Speed is a decentralized transaction protocol based on Ether

What is Speed Coin (What does speed mean in Chinese)

What is Speed Coin? Speed is a decentralized transaction protocol based on Ethereum, known for its trustless nature. The total supply of Speed tokens is 21 million. Among them, 60% is generated through liquidity mining, 20% is allocated to the development team and users through a special algorithm, 10% is used for community incentives, and 5% is used in exchanges, lending platforms, and other scenarios. Currently, the network supports BTC and ERC20 Tokens. It is reported that Speed has been invested in multiple blockchain projects, including Uniswap (UNI), SynthetixNetwork, and RenProtocol in the Polkadot ecosystem.

What does “speed” mean in Chinese

What does “speed” mean in Chinese? “Speed” in Chinese means “速度” (sù dù) in English. Simply put, it refers to a fast speed, a rapid development process, or an acceleration process.

Following this direction, we can understand it as unstoppable progress at high speed; running forward quickly and steadily; slow walking will inevitably bring catastrophic consequences. For example, a government of a country either announces a power outage and stops using the internet, or shuts down mobile applications, and so on.

If a crisis occurs in a country, speed will inevitably increase, and at this time, it is necessary to consider getting off the car.

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