Hotcoin Will Open Trading for SOL

Dear Users,

Hotcoin will be opening the trading of SOL/USDT trading pairs at 18:00 (GMT+8) on Mar.22nd,2022, while the withdrawal service of SOL will be opened at 18:00 (GMT+8) on Mar.23rd,2022. The deposit service of SOL has available now.

Project Introduction:

Founded by former Qualcomm, Intel and Dropbox engineers at the end of 2017, Solana is a single-chain DPoS protocol, which focuses on providing scalability without reducing dispersion or security. The core of Solana's scalable solutions is a type of fragmented Time Slicing technology called " Proof of History (PoH)", which is aiming at solving the time problem that there is no single reliable time source in the distributed network. By using a verifiable delay function, PoH allows each node to generate a timestamp locally using SHA256 algorithm. In this way, there is no need to broadcast timestamps on the whole network, which improves the overall network efficiency. SOL is the local token of Solana blockchain. Solana uses the DPoS Consensus algorithm to motivate token holders to verify transactions. As part of the security design of Solana, all costs will be paid in sol and burned within SOL, thus reducing the total supply. This deflationary SOL mechanism encourages more token holders to participate in the position holding, thus improving the network security.

Official Website：https://solana.com/zh
White Paper: https://solana.com/solana-whitepaper.pdf
Token Type：Public Blockchain
Blockchain Explorer：https://explorer.solana.com/

Risk Warning :

Digital crypto asset is a type of investment product with high risk, and partial projects of high market attention may also produce overvaluations, bubble economic phenomenon , behaviors that deviates from the truly demands or marketing hype, and thus user will suffering from partial asset losses or total loss. Users shall involved in these project cautiously, and carefully taking the experience of trading digital assets into consideration and the degree of bearing various loss risks before starting the transaction. Hotcoin will emphasize the transparency for projects and request for governance structure publicly,but we shall not bear the liability of guarantee, compensation and other liabilities for investment behaviors. We will continue to provide you with better products and services .

Thanks for your supporting to Hotcoin, we’re looking forward to your valuable suggestions.

Hotcoin
Mar.22nd ,2022

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Hotcoin reserves the right in its sole discretion to amend or change or cancel this announcement at any time and for any reasons without prior notice.