BCGS #8 — “Multichain Functions and Ecosystem” (12/31/18)

Hello,

As 2018 comes to a close, our team couldn’t be more grateful for the last year nor more excited for the coming one.

With the incoming release of 0.8.5 imminent and more details about Overline on the horizon, it’s fun to think about what the BCGS update will be December 2019 or December 2020. As the final email of 2018, it is important to take note that it has been just over 8 months since the Generation Event and we have passed some major milestones since then:

- Launch of “Multiverse”, the first multichain explorer.

- Flagship decentralized exchange “Borderless” launched.

- Dark Fibers deployed to help centralized chains like NEO and Waves to handle the load.

- 3 Evangelist events brought together 6000 contestants, winners becoming active members of the community.

- Code base transpiled between Rust (for maximum performance) and Javascript.

- Generation Event completed April 24th with more than 70,000 users attempting to join.

- Organic open source development leading to GPU miners, pools, and block explorers.

- Deploy both single thread and multi-thread nodes.

- BEAM scripting language created, enabling data structures that follow rules category theory.

After Target Transition

We are grateful for the overwhelming response and excitement directed toward mining. While some individuals may not enjoy the timeline, their discomfort demonstrates the demand for Block Collider moving forward. A few necessary points:

- The community has noticed a large drop-off in Difficulty during the After Target period. This is to be expected as up until the ARC block, miners are mining for social good only for the continuation of the Multichain. NRG rewards are not being given away.

- It has been 14 days since the launch of Borderless and we have gathered excellent feedback on Borderless.

- We are on schedule to launch 0.8.5–14 days (January, 10th) from the After Target block height. Nodes running 0.8.5 support full sync of all 6 chains, partial sync, and BEAM meta-contracts.

- BEAM the custom language built to support data, messaging, and trading on top of Proof of Distance.

- A soft launch will be made available in Borderless to let people test writing and initiating trades.

This email is #8 in the Block Collider Global State series. As always, each email is broken into three sections: Performance Metrics, Next, and The 6th Blockchain.

Performance Metrics

Over 2019 will see many Ethereum alternatives which raised capital over that year, this of course will increase the narrative around interoperability and especially as these entrant projects carve specializations. We as the community need to understand what makes Block Collider different particularly that we are not competitors with any companies. Relatively Block Collider has a very unique technical position but that is most likely due to it’s longer term vision in Overline. The thought leadership at Speculative Rationality has put together an excellent comparative table.

Category Leaders

The following projects represent significant mindshare in the interoperability multichain space.

Next

• Miners must stop operations and prepare to migrate to 0.8.5 on January 10th, 2019.
• 0.8.5 will be released and the ARC Block will be broadcast to the network.

The 6th Blockchain

While there has be much speculation, the 6th chain will not be Facebook’s new stablecoin. No Zuckcoin.

Happy New Year,

Block Collider Core

As always the best way to stay up to date is on the Telegram group or by following the Twitter. If you want to be even closer, we are hiring. The BCGS updates will never be a company diary or other form of dry content commonly associated with newsletters — it is mission critical updates only.