There was no consensus among them then, and there is none now. This week marks 15 years since that meeting, and people still feel some way about Pluto-including the people who actually work in astronomy. Poor Pluto hadn’t even completed a full orbit around the sun between the time of its discovery and the occasion of its downgrade. Our sappy human brains and their tendency to anthropomorphize inanimate objects kicked in. It didn’t help that the decision to give Pluto a new designation-dwarf planet-was described in the press as a “demotion,” even though the announcement from the International Astronomical Union, the organization that held the vote, said nothing of the sort. Despite the millions of miles that separate us, the planets feel close to home, and the news that one of them had been kicked out of the group felt a bit destabilizing. For many Americans, the names of planets were some of the earliest scientific facts we learned, and that there were nine of them seemed like a basic truth of existence. The wider public doesn’t usually get riled up about the solar system, but this decision was quite shocking. Under the new rules of planethood, the solar system had eight planets, and Pluto wasn’t one of them. In 2006, astronomers gathered in Prague to consider a very basic question: How many planets are in our solar system? Was it nine, or was it actually eight, or perhaps as many as 12? By the end of the conference, after several polite debates and “ lots of heated hallway discussions,” the verdict was in. The maximum total supply of Pluto tokens is 1,000,000,000 PLUT.Updated at 4:15 p.m. The team includes Mingeon Park (CEO), Geonhee Lee (CTO), Kihaeng Lee (COO), and Yeonhoon Kim (principal analyst). The PLUT token was generated in the third quarter of 2020. Trainees make payment via token for educational content. The token is also used for paying fees for the DeFi platform. The token is used for various purposes, such as paying the monthly usage fee of the trading platform. All the economic activity is performed through PLUT. The PLUT token is an ERC20 token that works on the Ethereum platform. Further, the platform also showcases advertisements about trading on the website, which aims to help general users. The platform also aims to facilitate the trading of NFTs.Īccording to the whitepaper, the platform seeks to provide educational content for trading, which can be purchased from the content market on the Pluto blockchain. Users can also use decentralized finance (DeFi) services such as staking using their cryptocurrencies. This helps in managing several cryptocurrencies on a single platform. Furthermore, the project talks about linking multiple virtual asset platforms. Crowdsourcing is a process of obtaining work, information, or opinion from a large group of people who submit their data via the internet or social media, or other smartphone applications. It also seeks to include crowdsourcing of trading information through the networking process among community users. The Pluto project came into the picture to solve these problems by making the system transparent through blockchain technology.įurther, the project aims to enable the production of quality information. Such uneven liquidity is created by immature traders, and big players do market manipulation. According to the website, the cryptocurrency market has higher market liquidity than traditional investments. The Pluto blockchain aims to solve the problems of information imbalance and issues in the user interaction environment, which is represented by trading. Thus, Pluto is a blockchain-based social trading platform that seeks to support users, which forms the basis of the cryptocurrency ecosystem. STS refers to an investment method that shares investment information and opinion with other users. Users intend to create helpful information on the Pluto platform and form the STS ecosystem. The Pluto blockchain is designed to support the safe and productive activities of the cryptocurrency market. Trading under PLUT, Pluto is a blockchain network.
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