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  • Writer's pictureConnie Chan

Ethereum Rival Polkadot Updates Governance System, This New Hybrid Exchange To Introduce AI


Ethereum Rival Polkadot Updates Governance System, This New Hybrid Exchange To Introduce AI
Ethereum Rival Polkadot Updates Governance System, This New Hybrid Exchange To Introduce AI

Polkadot, a major competitor to Ethereum, recently updated its governance system by removing the voting group known as 'First Class Citizen' from the network. In the world of cryptocurrency, Tradecurve is a new hybrid exchange that is integrating artificial intelligence (AI) technology into its system, which will enable AI-assisted trading.


▪ Polkadot (DOT) has entered into a new era after a major update to its governance system

▪ The update has made the Polkadot network more decentralized by eliminating ‘First Class Citizen’ groups

▪ A new hybrid exchange, Tradecurve (TCRV) will integrate AI into its trading platform to allow for AI-assisted trading.


Ethereum Rival Polkadot Updates Governance System, This New Hybrid Exchange To Introduce AI. Polkadot Makes Update To Its Governance System

Polkadot (DOT), a significant competitor to Ethereum, has introduced a major update to its governance system, aiming to take the network to a new level of decentralization. The update includes the launch of OpenGov, which provides the Polkadot community with complete control over the network by allowing DOT token holders to vote and propose referenda for changes to the network. Ethereum Rival Polkadot Updates Governance System, This New Hybrid Exchange To Introduce AI


Polkadot's goal is to create a fully autonomous, transparent, and efficient decision-making network by giving users equal voting rights. OpenGov has eliminated the "first-class voters" such as the Polkadot Council and the Technical Committee from the voting process. Now, a holder's voting power is determined by the number of DOT tokens they possess.


Furthermore, the new governance infrastructure allows for multiple governance proposals to be voted on simultaneously by the Polkadot community. With OpenGov in place, Polkadot has become a fully decentralized Web 3 project where all governance processes are directly controlled by its community members.


Tradecurve To Integrate AI Support Into Its Hybrid Exchange

Since the release of OpenAI's ChatGPT in November 2022, numerous projects have been exploring the potential of artificial intelligence (AI) in the cryptocurrency and blockchain industries.


Tradecurve is a new hybrid exchange that is developing the first crypto-exchange platform with AI integration to support algorithmic or automated trading. By integrating AI-assisted trading, Tradecurve users will be able to utilize the platform's advanced mathematical models to make trading decisions. The AI trading feature of the platform will enable users to place trades automatically based on several variables, including price, timing, and volume.


In addition to AI trading, Tradecurve will also support copy trading. With this feature, traders can directly replicate the trading positions of other more successful traders on Tradecurve.


As a hybrid exchange, Tradecurve combines the best features of centralized exchanges (CEXs) and decentralized exchanges (DEXs) to create a well-rounded platform. Currently, Tradecurve is in the fourth stage of its presale, where its native utility token is priced at $0.018 each, but it is expected to increase by up to 40% in the upcoming week.


Disclaimer: This is a paid release that was not written by Crypto Online News. The statements, views and opinions expressed in this column are solely those of the content provider and do not necessarily represent those of Crypto Online News. Crypto Online News does not guarantee the accuracy or timeliness of information available in such content. Do your research and invest at your own risk.

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