{"id":4391,"date":"2022-03-05T20:46:24","date_gmt":"2022-03-05T20:46:24","guid":{"rendered":"http:\/\/smart.onlinesarafi.com\/index.php\/2022\/03\/05\/qunqun-whitepaper\/"},"modified":"2022-03-05T20:46:24","modified_gmt":"2022-03-05T20:46:24","slug":"qunqun-whitepaper","status":"publish","type":"post","link":"https:\/\/smart.onlinesarafi.com\/index.php\/2022\/03\/05\/qunqun-whitepaper\/","title":{"rendered":"QunQun Whitepaper"},"content":{"rendered":"<div readability=\"75.035611952517\">\n<p>Abstract<\/p>\n<p>1.1 Golden turning point of blockchain application<br \/>CryptoKitties, a virtual cat-breeding game built on the Ethereum blockchain,<br \/>was launched on Nov.28, 2017. In a few days, the world witnessed the<br \/>frenzied fashion of global blockchain digital cat-breeding. The sales volume<br \/>of CryptoKitties on open market is up to 75,371 units by the end of 22 p.m.,<br \/>Dec. 9, 2017 with sales of 24,911.62 Eth, amounting to US$11,739,500.33.<br \/>The average price of each CryptoKitty is 126.11 dollars. There is no doubt that<br \/>CryptoKitties has become a phenomenal decentralised application (DAPP) on<br \/>Ethereum.<\/p>\n<p>The overnight success of CryptoKitties reflects the fact that the blockchain<br \/>industry is at the very beginning of qualitative change \u2013 digital currency has<br \/>experienced explosive growth in 2017, and the number of digital wallets has<br \/>increased to more than 20 million from less than 5 million at the beginning of<br \/>the year. At present, Coinbase has more than 2 million users. This<br \/>skyrocketing quantity of users drives up user demands, and the great<br \/>popularity of CryptoKitties has fully revealed the strong user demand. The<br \/>introduction of iPhone gave rise to the realisation that phones are not<br \/>designed for calling up only; similarly, the great popularity of CryptoKitties<br \/>allows people to understand that the blockchain industry is not just confined<br \/>to a means of payment, but represents a new infrastructure of Internet in the<br \/>future. The great popularity of CryptoKitties indicates that the blockchain<br \/>industry is starting to enter the \u201cApp Big Bang\u201d era.<\/p>\n<p>1.2 Social applications will be the real killer application of<br \/>blockchain<br \/>Social applications are the most basic and most important form of Internet<br \/>since the birth of Internet. According to the development history of mobile<br \/>internet from 2008 to 2017, the rise of mobile social applications including<br \/>Facebook, Twitter, WeChat, Instagram, etc., and these can be viewed as a real<br \/>turning point of the transition from traditional Internet to mobile Internet.<br \/>From then on, the activeness and realisation potential of mobile Internet grow<br \/>up in a manner of geometric jump.<\/p>\n<p>With the explosive growth of digital currency users, such geometric growth<br \/>will reappear in blockchain world. The rise of active individuals will be<br \/>followed by social demands among users, thus digital currency users should<br \/>be equipped with their own communication platform.<\/p>\n<p> <a href=\"https:\/\/qunqun.io\/\" target='_blank\"' rel=\"noopener\"> QunQun Website<\/a> <br \/><a href=\"https:\/\/qunqun.io\/whitepaper.html?lang=en&#038;v180\" target='_blank\"' rel=\"noopener\"> QunQun Whitepaper <\/a> <strong><\/strong><\/p>\n<p>Social<\/p>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>Abstract 1.1 Golden turning point of blockchain applicationCryptoKitties, a virtual cat-breeding game built on the Ethereum blockchain,was launched on Nov.28, 2017. In a few days, the world witnessed thefrenzied fashion of global blockchain digital cat-breeding. The sales volumeof CryptoKitties on open market is up to 75,371 units by the end of 22 p.m.,Dec. 9, 2017 [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[],"class_list":["post-4391","post","type-post","status-publish","format-standard","hentry","category-uncategorized"],"_links":{"self":[{"href":"https:\/\/smart.onlinesarafi.com\/index.php\/wp-json\/wp\/v2\/posts\/4391","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/smart.onlinesarafi.com\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/smart.onlinesarafi.com\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/smart.onlinesarafi.com\/index.php\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/smart.onlinesarafi.com\/index.php\/wp-json\/wp\/v2\/comments?post=4391"}],"version-history":[{"count":1,"href":"https:\/\/smart.onlinesarafi.com\/index.php\/wp-json\/wp\/v2\/posts\/4391\/revisions"}],"predecessor-version":[{"id":4392,"href":"https:\/\/smart.onlinesarafi.com\/index.php\/wp-json\/wp\/v2\/posts\/4391\/revisions\/4392"}],"wp:attachment":[{"href":"https:\/\/smart.onlinesarafi.com\/index.php\/wp-json\/wp\/v2\/media?parent=4391"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/smart.onlinesarafi.com\/index.php\/wp-json\/wp\/v2\/categories?post=4391"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/smart.onlinesarafi.com\/index.php\/wp-json\/wp\/v2\/tags?post=4391"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}