Dialogue with the development team of Smart Square "P2P Taobao"

Recently, the Smart Square team developed a new application - a decentralized market [P2P Taobao]. So what exactly is this "P2P Taobao"? With this question, Suifeng interviewed Ranger, the founder of the Smart Square team, and will discuss some related topics below.

Suifeng : Hello, Mr. Shi, you seem to be very busy recently. I heard that I have to make an appointment if I want to chat with you?

Ranger : Haha, no. But I have been quite busy recently. It is a busy time. I may have neglected you all. I apologize to you all.

Suifeng: Many industry insiders said that the P2P Taobao launched by Smart Square has a lot to watch. So can you tell us what are the highlights of this application?

Ranger : Taobao, as we all know, does not allow you to buy Bitcoin. In addition, not only Bitcoin is banned by Taobao, but also QQ numbers and so on. In short, anything that Jack Ma does not agree to be listed cannot appear on the Taobao market. The decentralized market is to break this barrier, so it is usually called a free market, which means that in such a market, you can buy and sell any goods without being restricted by any third party.

In addition, let's talk about the difference between Smart Square's decentralized market and other decentralized markets. As we all know, decentralized markets have existed for a long time, but they are often popular but not profitable. Why is this? A large part of the reason should be attributed to the fact that the user interface is too unfriendly and the learning cost is too high. To judge whether a project has application and promotion value, first of all, the most basic thing is to see whether it can be accepted by the majority of users. Obviously, a cold face is difficult to arouse everyone's desire.

The "P2P Taobao" application developed by Smart Square benefits from the unique foundation of the Smart Square platform and effectively utilizes virtual machine technology. When developing applications with the same functions, we can more flexibly and cleverly design a more user-friendly, concise and easy-to-use user interface. It is no exaggeration to say that as long as the user's reasonable and effective opinions and ideas are put forward, we can find ways to complete them.

Compared with the difficulty of application development on traditional blockchains, it can almost be said that it can be completed without much effort.

Links related to this application:

Smart Square [P2P Taobao Application] Practical Tutorial

It is worth mentioning that this application is still in its embryonic stage and will be continuously updated, iterated and upgraded based on user needs and suggestions.

Suifeng : Blockchain projects are very popular recently. I hope you can make great progress in this area. By the way, does Smart Square have any new applications that are worth looking forward to?

Ranger : We can do anything that can be done with the help of blockchain. In fact, we hope that third-party developers will join in the application development. We will provide all necessary help and guidance, and there is also a reserved developer reward fund waiting for you.

Our team has also been working hard to develop new applications. For example, after the release of P2P Taobao, there will be an upgraded version of the "Guess Your Sister" application, "Guess the Whole Family (Guess Together)". The latter may be more engaging and entertaining, so stay tuned.

Suifeng: In addition to the development of these applications, do you have any other plans?

Ranger : We actually have quite a lot of work to do, including some development plans that will be deployed in the near future, many of which are large-scale plans.

The following products may be launched in the near future:

1. Mobile client;

2. Mobile client applications (guess your sister, grab red envelopes, etc.);

The following is the development plan involving technology upgrades and renovations:

3. Abandon the original 8051 virtual machine and adopt the lua script system to improve the performance of the virtual machine;

4. Learn the [block contraction] technology of Future Coin to block the problem of continuous expansion of blockchain;

5. POS is upgraded to DPOS to solve the time problem of block confirmation.

Suifeng: Mobile wallets are easier to understand, but the following technical transformation may not be easy to understand. Can you explain it to everyone? Will there be other problems after the transformation?

  Ranger : That’s right. Opinions on technology upgrades vary from person to person. However, after widely soliciting opinions from experts and community members, and then integrating the views and opinions of all parties and analyzing the pros and cons, we finally reached a preliminary consensus and preliminarily formulated such an upgrade and transformation plan.

  The 8051 virtual machine, commonly known as the "single-chip microcomputer" by industry insiders, often limits the realization of more powerful functions to a certain extent due to the limited memory space it provides. After some research and investigation, we found that the Lua script system can do better in this regard. On the premise of ensuring that the system is light and simple, it can meet more diverse or higher-level needs.

Similarly, compared with DPOS, the POS equity proof model is undoubtedly a relatively stable and mature consensus algorithm, but the fast confirmation mechanism of DPOS is also obviously attractive. As a large platform integrating various application functions, Smart Square obviously needs such a powerful CPU chip.

Speaking of the "big" word of this platform, another question that inevitably arises is "With so many applications and so much data, will the blockchain be overwhelmed?" This is why we decided to incorporate NXT's block contraction technology into our transformation plan. With this technology, we will be able to strictly limit the blockchain of Smart Square to a certain range and completely solve the problem of excessive expansion of the blockchain.

Of course, this transformation plan is only based on the initial consensus, and the final plan is still under discussion. If you have more unique insights, please feel free to give us your comments. Although this round of transformation plan will take up more energy and resources, we believe that the upgraded Smart Square will be better and faster. Of course, after the code is written, we will first test it in various aspects on a parallel chain, and will only include it in the main chain when it is foolproof. Stay tuned!

Suifeng: Let’s talk about P2P Taobao. Will there be any special activities for this application in the future?

Ranger : There will definitely be activities, and the intensity cannot be small. From November 11 to November 17, all transaction orders will not only refund the order fee and guarantee fee, but also give a certain amount of smart currency rewards, and there are more rewards waiting for you. For specific activity content, please go to: http://8btc.com/thread-25079-1-1.html

Reporter: Sneaking into Babette with the Wind