SpaceChain November 2021 Report

SpaceChain
SpaceChain
Published in
3 min readDec 1, 2021

ANNOUNCEMENTS

SPC-Qtum swap now closed

We have officially closed the $SPC token swap from QRC to ERC v2. We opened up the swap process again for a week on Nov 23. Moving forward, we will no longer be performing the QRC — ERC v2 swap. For those who have submitted their details, we have reached out to you for confirmation. Please reach out to us at info@spacechain.com if you have not heard from us.

Stake your tokens on Sushi

Check out our new Liquidity Mining program on @gysr_io
  1. Deposit equal amounts of $SPC and $ETH to app.sushi.com/pool. Stakers will receive “SLP” tokens in return.
  2. Stake SLP tokens at app.gysr.io to receive DAI rewards. Users can boost their rewards with GYSR tokens.

COMMUNITY ACTIVITIES

All about Bitcoin in Space

CEO Zee Zheng was invited to speak at Bitcoin & Beyond on Nov 10. Powered by AAX Exchange and Forkast, the summit brings together some of the most visionary and creative innovators in the crypto space to discuss topics such as Bitcoin adoption by countries, Bitcoin mining and energy, and the future of the global economy. With close to 5,000 sign-ups, the event had over 10,000 people from more than 85 countries watching live for the 5 hours.

In his fireside chat with the co-founder of Bitcoin Association of Hong Kong Leo Weese, Zee discussed how crypto will influence our multi-planetary economy and how space can be leveraged as a platform for business innovation across multiple industries.

If you missed it, catch the full replay here. Zee’s chat is at 2:25:10 (Fireside Chat on Bitcoin in Space)

Ask the team anything

Back in October, we ask the Telegram community to submit their questions for the team. From marketing to operations, partnerships and technology, we have finally compiled all the questions and answers here.

SpaceChain was featured twice on SpaceNews in November

“We believe that blockchain-based digital assets will be the next generation of finance and will become one of the key value-transmitting vehicles across the
word,” said Zee Zheng, SpaceChain co-founder, and CEO.

Read more about extending cryptocurrency networks via satellite.

Plus, did you know that our partner Spire Space Services is working with us to supply satellites and its Sabertooth supercomputer for our planned and
upcoming series of on-orbit blockchain demonstrations?

Read about all that, and the inspiring ways blockchain is being applied in space in this SpaceNews feature here.

TECHNICAL PROGRESS

SpaceChain Software Development

  • Finished all the software test of ETH and BTC multisignature transactions and software test on the testbed.
  • Submitted the official software to Spire for the launch in January. Currently waiting for Spire carry out the software check and review before the launch.

SpaceChain Architecture

  • Design the new version’s Bitcoin multisignature wallet solution.
    Working on the development of the Bitcoin multisignature web wallet. The work is in progress.

Check out our monthly report every first week of the month for SpaceChain’s latest news and progress and subscribe to our newsletter!

--

--