This week, the CBG (Chainbing) crypto asset will be listed on Indodax. Open deposit will start on February 9, 2022 at 14:00 WIB and open trading will start on February 10 2022 also at 14:00 WIB.
With the rise of smart contracts and layer 2 networks, on-chain data is becoming increasingly difficult to interpret and track. On-chain data is no longer limited to ordinary transfers but contains more and more additional information. How to display and share this new information will be the next issue that blockchain networks will face. Read here for the solution that Chainbing offers.
What is Chainbing?
The Chainbing platform is used to store, index, analyze and share data on the blockchain to provide fast and accurate information to its users, by introducing data witnessing mechanisms to ensure data validity and by rewarding participants who provide validation.
According to his whitepaper, as blockchain data evolves, there will be a wider role for Blockchain Information Aggregation Engines (BIAE), which provide users with fast, reliable and confidential information. Well, Chainbing will achieve this through the use of nodes run by various entities to form the network.
According to the whitepaper, the mapping of the development of the Chainbing system has been projected even up to 2023!
- 2022, Q1 & Q2: The alpha version of the node component is complete
- 2022, Q3: Construction of Chainbing’s main grid frame completed
- 2022, Q4: First data center launch
- 2023, Q1 & Q2: Construction and completion of the first generation of AI data analysis center
- 2023, Q3 & Q4: Steady development of community ecology, advanced content creators in it
CBG Crypto Assets
Running on the ERC20 system, its CoinMarketCap rating is currently #430, with an immediate market cap of $92,603,901 USD and has an outstanding supply of 33,000,000 CBG and max. supply 10,000,000,000 CBG.
How to Buy CBG Crypto Assets on Indodax
For those of you who want to buy CBG crypto assets, you can buy them on Indodax starting February 10, 2022 at 14:00 WIB. Here’s how to buy it:
- For those of you who are not yet a member, you can click the link here
- After that, make a deposit. For those of you who are confused about how to deposit, click on this link
- After your deposit and balance come in, you can return to the market
- Look for CBG in the Rupiah market then click
- After entering, all you have to do is buy by filling in the balance and at what price you want to buy CBG. You can also buy it instantly or directly at the current price
- After that, you need to patiently wait for the price to increase for some time
- After the price increases, you can sell it at a higher price with the instant method
- If you sell with the limit method, you can place orders after buying. Make sure you enter a higher number when selling.