CNTM tweeted this morning that the server-free defi protocol technology developed with great concentration will be put into market soon. In other words, traditional private placement, adding LP, staking mining and other functions will not require the use of servers, human intervention will be removed, and the protocol will be fully automated.
Traditional defi protocols often rely on dapps, coupled with manual intervention, and even some direct projects disappear after private placement, which is commonly known as IDO.
Wherever there is human intervention, there are risks, because people's hearts are unpredictable. If the centralized server of Bitcoin’s issuance mechanism could control it, Satoshi Nakamoto might not be able to withstand the temptation of huge wealth and press the switch for additional issuance, let alone a multi-million-fold increase.
So our entire blockchain is a decentralized revolution. Defi that relies on servers and human intervention can only be considered semi-decentralized. Through technological innovation, CNTM’s development of defi that runs purely on protocols can solve the problem before. The risk of human intervention exists. By relying on mechanisms, the phenomenon of IDO running away will disappear in the entire industry, and so-called hacker attack losses will be brought to zero. The
CNTM protocol technology was first applied to the entertainment industry on-chain to solve the trust problem in the entertainment industry. Develop football protocols and establish marketing funds. Used to enhance brand image and popularize football protocols during the World Cup.
This is a great technological innovation. More and more traditional financial giants who are staying away from the blockchain due to fear of hacker attacks will re-examine this market. The technological revolution will bring trillions of dividends to this, serverless Protocol technology is likely to bring the next bull market carnival in advance.
