Daily View | Saturday November 27

The following content is organized and provided by PlatONWorld for the purpose of spreading more information and has nothing to do with PlatONWorld’s position. The content is from a third-party platform, and the accuracy, authenticity, completeness, validity, and real-time nature of the information are not guaranteed.

【LAT】

Total issuance	Circulation	Pledge rate	Total pledge	Number of addresses
10,250,000,000	2,251,100,000	26.37%	1,223,794,552.80	61,667

Data source: https://scan.platon.network/

【Quotes】

Trading pair	24 hours high	24 hours low	24-hour trading volume
LAT/USDT	0.2319	0.1796	63,705,846
BTC/USDT	58827.75	53500.00	16,924
ETH/USDT	4510.85	3913.00	232,171

Data source: Huobi Exchange

【10 days node data】

2021	Active	Candidate	Exiting	Exited
November 27	201	17	4	121
November 26	201	17	4	121
November 25	201	17	6	119
November 24	201	16	6	119
November 23	201	16	7	118
November 22	201	16	7	118
November 21	201	16	7	118
November 20	201	15	8	117
November 19	201	16	7	117
November 18	201	16	7	117

Data source: https://scan.platon.network/

【Industry News】

Vice President of Hainan Blockchain Association: The greatest significance of Metaverse is that the paradigm of mankind’s treatment of the objective world may change

On November 25th, Mr. Cao Yuan, vice chairman of the Hainan Blockchain Association and co-founder and director of Probe Group, stated in an interview that Metaverse is an open system that is open to the entire physical universe. The energy of the physical universe Continue to infuse the meta-universe in the form of information to help the meta-universe become a dissipative system. Although it is not suitable to give a definition to the metaverse, from the perspective of mainstream participants’ perception of the metaverse, the combination of the digital world and the physical world can be regarded as the metaverse, and the pure virtual world—as described by The Matrix, Not a meta universe. The realization of remote and open collaboration through the open network of Metaverse is only the application demonstrated by Metaverse. I personally believe that the greatest significance of the meta-universe is that the paradigm of mankind’s treatment of the objective world may change.

British Law Commission: Current laws in England and Wales can be applied to smart contracts

The Law Commission said today that the current laws in England and Wales can be applied to smart contracts. According to the committee, the enforcement of smart contracts does not require large-scale changes to the existing legal framework, unless in some cases only minor changes to the common law may be required. Today’s announcement concludes the committee’s work on smart legal contracts as part of its thirteenth legal reform plan. The statement also confirmed the conclusion reached by the UK Jurisdiction Working Group on cryptocurrency and smart legal contracts in November 2019. According to the Law Committee, common law is flexible enough to accommodate emerging technologies such as smart contracts. Therefore, the committee stated that the jurisdiction of England and Wales is very suitable for business and innovation. The Law Committee also called on market participants to take proactive measures to deal with the proliferation of smart legal contracts. These preparation clauses include the creation of risk clauses to explain the performance of smart contracts, and the establishment of agreements for understanding the connection between natural language and computer language in smart legal contracts. However, the Legal Committee also pointed out that as part of its conclusions, more research is needed in the area of conflict resolution caused by smart contracts and general emerging technologies. In its recommendations to the government, the committee agreed that certain types of smart contracts will bring unique legal issues. At the same time, the Law Committee is also studying cryptocurrency and digital asset regulations, focusing on property rights, whether tangible or intangible.