Weekly Report|ChainX Launched a Series Grant to Fund Development and Marketing

1. Ecosystem

The amount of L-BTC lock-up: 13,244

The amount of S-DOT mapping: 1,432,772

The amount of PCX issued: 5,475,200

The rates of PCX locked up for voting:85.06%

2. Community Governance

This week’s Chairman of ChainX Parliament: PolkaWorld

  • On June 11, the ChainX Council launched the open source Grant program, which will provide financial support to individuals and teams that promote the development of ChainX, mainly to provide financial support for software development, community development and market expansion, as long as you are willing to contribute to the ChainX community, and With mature ideas and practical ability, you can apply for Grant!
  • On June 12, the ChainX Council communicated with the development team to determine the feasibility of expanding the validator seat: after Substrate is upgraded to 2.0
  • On June 13, the ChainX parliament discussed and completed the voting on the issue of whether to go online.

3. Development progress

  • Complete the design and development of Bitcoin Prophet 2.0, including

○ Optimize the deposit and withdrawal process to realize automatic operation

○ Add list interface

○ Improve some user experience

  • Referendum contract front-end development, contract development
  • ChainX Signer plans to add bitcoin signature function, currently in the design stage
  • Configure github actions to optimize ChainX Signer release process

4. Community Atmosphere

Community data:

Telegram: 3181

Twitter : 8574

WeChat official account: 4066

ChainX account: 4894

5. Upcoming Events

  • On June 18th, ChainX is invited to participate in the first PolkaDeFi Day held by Polkadot!
  • On June 19th, ChainX is invited to participate in the first online video broadcast “Substrate China Day” jointly organized by the developer community and Parity

About ChainX

--

--

--

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

Love podcasts or audiobooks? Learn on the go with our new app.

Recommended from Medium

IOTA Crypto Core FPGA — 3rd Progress Report

Xmetafans: The New Crypto Era …..

Bitcoin Gets Disrespected For Being Slow While The Lightning Network Is Being Disregarded

KEYFUND THE WORL FIRST.

BiblePay October 2018 Update

How Moonlet supports ZIL miners

WHAT IS BITCOIN? — BITCOIN TUTORIAL

The Best Crypto Wallets for Binance Smart Chain (BSC)

Get the Medium app

A button that says 'Download on the App Store', and if clicked it will lead you to the iOS App store
A button that says 'Get it on, Google Play', and if clicked it will lead you to the Google Play store
ChainX

ChainX

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

More from Medium

Bictory Pulse [March] — Terrestria on the Horizon!

Tokenomics of Crodo.

KYVE NETWORK

Announcing Backer: Krypto Playboy Capital