OKB、HT、BNB are all on the public blockchain, How about CT?

CoinMex
CoinMex
Sep 3, 2018 · 2 min read

OKB is still not on the public blockchain.

HT is on the public blockchain, which has just revealed the total offering amount and realized transfer function. It hasn’t written the codes on the initial release amount, locking positions, unlock mechanism and burning mechanism. It hasn’t disclosed information on the annual release or distribution. (https://etherscan.io/address/0x6f259637dcd74c767781e37bc6133cd6a68aa161#code

https://www.biask.com/question/7505

BNB is also on the public blockchain, which revealed the information on the total supply, burning, freezing, unfreezing and transfer etc. But it hasn’t written any codes on the initial release amount, locking positions, unlock mechanism and burning mechanism. What is the annual release amount and how to distribute remains unknown. (https://etherscan.io/address/0xB8c77482e45F1F44dE1745F52C74426C631bDD52#code

BMB, with the codes on locking positions and initial release amount.

https://etherscan.io/address/0x9c1f0de4fec6ae8efb65f2e45a1c1b625e35e7bf#code

CT is not on the public blockchain yet

Reason:Once the exchange-issued token gets on the public blockchain, e.g. ERC20, it could be traded by other exchanges. Binance and Huobi has the strong support of assets. But CoinMex finds it difficult to protect CT holders if CT was listed on other exchanges. As for OKB, I don’t know why it is still not on the public blockchain.

CT, as the token of CoinMex, supports the whole ecology system of CoinMex. If we build our own public blockchain, we could avoid the above-mentioned problem. CoinMex strives to become an open and transparent exchange and wants to make its transactions data on the public blockchain besides CT. To solve this problem requires the hard work of whole product team.

CoinMex promises CT won’t have any future offering. If we didn’t overcome the technical obstacles in the fourth quarter, we will consider going on ERC20 first.

About CoinMex

CoinMex focuses on user requirements, and strives to establish a diversified product matrix and provides targeted solutions for different scenarios, thus CoinMex has been working on creating greater values for the entire industry through continuously optimizing its products. Currently, CoinMex has completed angel round investment and raised 100 million yuan, Fenbushi Capital (subsidiary of GF Network) and Huobi Ecology Fund (subsidiary of Huobi) are the leading investors, while BKFUND is the following investor.

Follow us:

Twitter: @CoinMex_OS @ CoinMexExchange

Facebook: CoinMexExchange

Instagram: @coinmexexchange

Linkedin: CoinMex

Reddit: u/coinmex

CoinMex Team

CoinMex

Written by

Digital Assets「 FULL-FEATURED 」Trading Platform

Welcome to a place where words matter. On Medium, smart voices and original ideas take center stage - with no ads in sight. Watch
Follow all the topics you care about, and we’ll deliver the best stories for you to your homepage and inbox. Explore
Get unlimited access to the best stories on Medium — and support writers while you’re at it. Just $5/month. Upgrade