Word on the BLOCK

December 2020

The Blocknet Protocol
Blocknet
2 min readDec 15, 2020

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Introduction

This newsletter is published once per month and is aimed at keeping the Blocknet community up-to-date on the finer details of the project. For those who are new to the Blocknet, we recommend you also check out the latest Ecosystem Update for a broader understanding of our project’s progress and vision.

Development

  • XLite public beta released — It’s official. XLiteWallet entered public beta on December 14th, 2020. You can now perform atomic swaps on BlockDXExchange and manage your crypto from a single lightweight wallet. This is your opportunity to test the future of decentralized exchange, today. More details and download links here.
  • XLite supported assets — Bitcoin (BTC), Blocknet (BLOCK), Bitcoin Cash (BCH), DigiByte (DGB), Dash (DASH), Doge (DOGE), Litecoin (LTC), PIVX (PIVX), Ravencoin (RVN) and Syscoin (SYS) with many more to come.
  • ERC-20 BLOCK cross-chain bridge complete — The code for a cross-chain bridge between BLOCK and an ERC-20 version of BLOCK (known as aBLOCK) has been written, committed to the AnySwap repository and successfully tested. All that is left to do is have the BLOCK/aBLOCK cross-chain bridge approved by AnySwap’s decentralized governance network. A proposal has already been submitted and is currently passing. Voting is open to holders of the ANY token and closes on Dec 16, 2020.
  • Block DX 1.9.0 update — A new version of Block DX with automated XLite configuration options will be released in the near future. A pre-release version is currently available for QA purposes here.
  • Blocknet Core wallet 4.3.2 update — A new core wallet update with a staking bug fix is currently in QA and will be released soon.

Marketing

We will be launching organic and paid marketing campaigns for XLite and Hydra to coincide with the public releases. We are in the process of preparing the budgets and, depending on budget availability, are looking into Blockfolio, LinkedIn, YouTube, CoinTelegraph, Twitter and possibly Brave Browser.

Governance

The next Superblock will take place at block #1771200, which is estimated to occur on or about Wednesday December 23, 2020. You can track the estimated time left to submit and vote on the Proposal Forum.

Looking Forward

With so many important developments in the pipeline, we could not be more excited about the future of Blocknet and its impact on the DeFi Ecosystem. To stay up-to-date with the latest news, be sure to subscribe to our Newsletter. If you would like to contribute to the project, have something to add, or would like to report a problem, please let us know in our Discord or Telegram.

Onwards and upwards,

– The Blocknet Contributors

About Blocknet

The Blocknet is a decentralized network and protocol suite for seamless cross-blockchain interoperability.

Website | Docs | Discord | Twitter | Reddit | Github

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The Blocknet Protocol
Blocknet

Blocknet is a 2nd layer blockchain interoperability protocol that enables communication, interaction & exchange between different blockchains.