Development update time! Below you will find the summary of the work the PolkaX team has completed and get an insight into the various things they are working on. As always, if you have any questions, we are available in the ChainX Community telegram.

SherpaX

SherpaX is the canary network of ChainX and will serve as a testbed for new developments in Bitcoin Layer 2 technology. It will be connected to Kusama as a parachain by participating in the auctions for a Kusama slot. SherpaX and ChainX are highly similar in design, with new technological innovations being tested on SherpaX first.

Development progress

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We are very pleased to announce the partnership between Common Protocol and ChainX. Common Protocol is an all in one platform for on-chain communities to discuss, vote and fund projects together. Common Protocol will provide us with a wonderful opportunity to create a base for the development of the ChainX ecosystem. Common Protocol allows the integration of creation of referendum and treasury proposals, online discussion and on-chain voting and more. By bringing these things together allows for a new way to coordinate fruitful discussions and collaborations regarding project advancements and other related matters.

We’re very excited to be working with…

Ooh yes, we’re adding more goodies! In our SherpaX Crowdloan article, we eluded the addition of more rewards. In this article, we’ll lift the veil a little further and give you a good look at the added CID NFT reward! 🙌

Commemorative Kusama Auction CID

SherpaX has already opened its Crowdloan on Kusama and will be using this to participate in the coming Kusama Parachain Slot Auctions. As an extra incentive, we’ve added a batch of Limited Edition Coming ID NFTs! These CID NFT are ID cards used in ComingChat, the truly private chat app that uses no mobile phone numbers or emails to…

With the announcement of the second round of Kusama slot auctions, the PolkaX Team immediately opened the crowdloan for SherpaX. To smoothen the process, we have written this tutorial on how to sign up for the referral bonus, and contribute your KSM to the SherpaX crowdloan.

If you would like to know more about the rewards we have lined up for you when you contribute to the SherpaX Crowdloan, check the article below 👇

Note: You will still receive your referral bonus if you first contributed your KSM and then signed up!

Referral bonus

Step 1: Registration — Navigate to https://ksmslot-pre.chainx.cc/ and…

The second batch of Kusama auctions are set for the beginning of September and the SherpaX Crowdloan was the very first to open! KSM holders can now lock their KSM in a crowdloan and receive KSX through Polkadot.js, Fearless wallet made by SORA, Polkawallet, MathWallet, or exchanges like OKEx, KuCoin, and Kraken.

As the canary network of ChainX, SherpaX will participate in the auction of the Kusama slot and access Kusama as a parachain. SherpaX will share the security of the entire Kusama network and can communicate with other parachains through the XCMP protocol to truly realize multi-chain and cross-chain.

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Tl;dr: The ChainX blockchain got stuck. The previous state was exported and used as the genesis for a new blockchain. Penalized PCX has been returned and blockchain is back to normal. Please resume your usual activities.

Now that the blockchain is back to normal operation, we can recollect the events that took place last week. In the (European) evening of 9 August 2021, ChainX validators were unable to finalize blocks which ultimately led to the blockchain getting stuck. In this article, we’re going to recollect the events of the past week and explain a few concepts. …

Whether you are new or a veteran of the community, allow us to give you an introduction to ChainX. Let’s take a bird’s eye view of the ChainX Ecology. The development team that works on ChainX is PolkaX, led by Guanghua Guo. They are building the ChainX ecology, consisting of ChainX and ComingChat. Together they make a healthy ChainX Ecosystem with PCX as its utility token. In this article, we will be diving into the minds of PolkaX and explain how everything fits together.

Some key questions we will answer are: What is New BTCWorld and what does the BTC…

Below you will find a brief explanation of PolkaX’s research into EVM and its applicability to Substrate based blockchains like ChainX. As always, we are available on Telegram for questions!

Introduction

As we all know, Bitcoin is known as the earliest and largest distributed ledger. While Ethereum has its own native cryptocurrency, it also enables a much more powerful function: smart contracts. For this more complex feature, a more sophisticated analogy is required. Instead of a distributed ledger, Ethereum is a distributed state machine. Ethereum’s state is a large data structure that holds not only all accounts and balances, but a…