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When will LiuYuChain be issued (what does LiuYu mean)?

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When will LiuYuChain be issued, and how is it distributed? First, what is the L

When will LiuYuChain be issued (what does LiuYu mean)?

When will LiuYuChain be issued, and how is it distributed? First, what is the LiuYu ecosystem?

Second, when will the tokens be distributed? Third, what is the development direction of LiuYu blockchain? Fourth, what is the distribution method of the blockchain rewards?

Fifth, what is the consensus mechanism of LiuYu? When can LiuYu developers participate in community governance?

The LiuYu team announced on October 13, 2019 that the first phase (next phase) of public testing will begin, and the mainnet and test network will go live, starting the genesis mining. The second phase is expected to be completed in early 2020. (Note: LiuYu is a multilingual blockchain framework that provides a high-performance, highly scalable technical platform for global blockchain applications.)

The LiuYu Foundation said, “We are currently cooperating with multiple organizations for public fundraising.”

What does LiuYu mean?

According to official sources, what does LiuYu mean? It refers to the “seven realms” that include four types of information: first, the network; second, resources; and the connection between the two. Second, it refers to the process of data transmission. That is, all the information received by users falls within the scope of LiuYu, including transaction content and storage methods. Third, blockchain data is generated through encrypted distributed ledger technology, and no individual information can be tampered with, deleted, or modified. Finally, information obtained by people unrelated to the knowledge is generated and publicly released through on-chain records. Therefore, LiuYu refers to the entire LiuYu’s meaning.

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