Weekly Report|ChainX will be Fully Open Resource This Week

ChainX
2 min readJun 1, 2020

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1. Ecosystem

The amount of L-BTC lock-up: 11,922

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

The amount of PCX issued: 5,286,300

The rates of PCX locked up for voting:85.09%

2. Community Governance

  • When Polkadot goes online, the ChainX code will be fully open source, including but not limited to all projects developed by the PolkaX team, all codes of the ChainX project, and Filecoin related codes. At that time, all developers in the community can participate in the ecosystem of ChainX and Polkadot.
  • On May 25th, ChainX ushered in the first anniversary. In this year, ChainX assumed the role of inter-chain assets and became the largest layer-2 network of Bitcoin. In the future, it will make every effort to build a Bitcoin ecological portal and combine Bitcoin with strength of Polkadot and Filecoin community,and form a network resonance.
  • On May 29th, in order to effectively improve the participation of community representatives in elections, ChainX Council will recruite community parliamentary candidates in the community, allowing candidates to contact the parliamentary system in advance, operating and managing models, and promoting communication and collaboration between candidates and current parliamentarians to lay a solid foundation for the next election.

3. Development progress

  • Fix the problem of ChainX Signer of misreporting node link error, release version 1.0.9
  • ChainX Extension supports keystore, release 1.1.9 version
  • New wallet

-Update the mining income distribution map

-Add direct link to download ChainX Signer

  • Bitcoin Prophecy Version 2.0, users receive rewards independently and record ranking
  • ChainX Dapp smart contract market overall research, design, planning,
  • ChainX plans to start a new smart contract side chain, Dapp market will be deployed on the side chain, through the two-way mapping to achieve the inter-chain exchange of main network tokens and side chain tokens. The first batch of smart contracts market plans to launch Bitcoin Prophecy 2.0, referendum contract, X pawnshop, mission center and other contracts.

4. Community Atmosphere

Community data: 3187

Telegram: 3187

Twitter : 8584

WeChat official account: 4149

ChainX account: 4796

5.Upcoming Events

Polkadot DeFi Day will officially start on June 18th. Parity, W3F, Acala, Laminar, ChainX, Chainlink, Centrifuge, Interlay, Plasm and other teams will participate in sharing the latest themes. There will be many announcements and demonstrations of the latest progress in the event.

About ChainX

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ChainX
ChainX

Written by ChainX

ChainX is a BTC Layer 2 solution compatible with EVM that utilizes Bitcoin as a gas fee, serving as the predecessor network of BEVM.

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