The Number of X-BTC on Chain Increased 117% Last Week

This week, Chainx Council has continued efficient work like last week and actively promoted the development of community. At present, the number of accounts and users’ attention of the whole community continues to grow, which is significantly improved compared with last week. The number of X-BTC deposits has also increased to 573, an increase of 117% compared with the same period last week. The following is a summary of the main work of ChainX Council this week. Members of the community are invited to know and supervise. Constructive suggestions are welcome.

  1. Members of the Council initiated discussion and promotion on the design scheme of Polkadot parallel chain slot auction, focusing on the introduction of DOT incentive mechanism and trading rules required by the auction.
  2. Community promotion and airdrop activities were carried out. Members received suggestions from community members on lock drop activities and launched discussions.
  3. Complete the relevant work for the launch of PCX on Hoo exchange.
  4. Discuss how to reduce the technical possibility of community members participating in node construction.
  5. Sort out the data of node support and collect the opinions of Chainx Council members.
  6. Continue to promote the community activities, and discuss the PCX launch scheme of the new exchange.
  7. Cooperate with gate exchange to launch PCX voting activities and successfully launch PCX
  8. Actively prepare for the third China (Xiamen) International blockchain and business future development summit.
  9. Promote the safety audit work of ChainX Network.

About ChainX

ChainX is the largest Layer-2 network of Bitcoin, based on Substrate, and will evolve into the Polkadot Secondary Relay Chain.