The call is set to cover a summary of recent achievements, an introduction to upcoming protocol upgrades, and a live Q&A session with the team. The official update was shared via a tweet by Request.

Request is a unique platform aspiring to form a “universal cooperative financial system” that connects various isolated financial platforms. It provides users with full control over their financial data and decisions, acting as the intermediary for a range of payment requests, from simple peer-to-peer transactions to complex business invoices.

Payments are initiated in the Request system by sending an invoice through the blockchain, which can then be acknowledged and fulfilled by the recipient in a single action, marking a direct peer-to-peer transaction. Notably, Request’s transactions are push-driven, eliminating the need for the disclosure of personal account information.

With the use of blockchain technology, primarily Ethereum and IPFS, the platform eliminates reliance on third-party intermediaries, which results in reduced transaction costs and improved security, privacy, and data ownership for users. Despite the existence of transaction fees on the platform, these are necessary for broadcasting updates to the blockchain and encouraging miners to achieve network consensus.

REQ is an ERC-20 token on the Ethereum platform. Every request made with REQ is recorded on a permanent digital ledger, serving as a tamper-proof record and a useful auditing tool.

The post Community Call Scheduled by Request on June 12th: An Overview appeared first on Crypto Market Insights: Dive In with CryptoUpdate.io.

As the MEME frenzy continues to dominate the TRON chain, Sun Token aims to facilitate a discussion on how this wave could possibly become the driving force of the TRON ecosystem. The platform has invited its community members to cast votes and share their thoughts on this matter.

Having undergone a substantial upgrade that introduced decentralized stablecoin swapping, SUN.io has transformed into a platform offering diverse functionalities. It allows for stablecoin swap, token mining, and self-governance, making it a one-stop platform on the TRON network. This multifunctional approach has positioned SUN.io as a crucial element in the TRON ecosystem, able to cater to various user needs.

Starting May 26, 2021, the SUN token underwent a redenomination process where old tokens were swapped for new ones, maintaining a 1:1000 ratio while keeping the market cap unchanged. The newly minted SUN tokens now function as a multifaceted governance token within the platform, akin to Curve DAO’s CRV token and Ellipsis’ EPS token. SUN token holders are granted various rights and benefits such as voting and governance rights, value capture, and staking rewards. This transformation and upgrade underscore SUN’s commitment to innovation and better serving its community.

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