CTN and XCB Gain Momentum — CorePass and Ping Release Update

CoDeTech
CoDeTech
Published in
5 min readJun 1, 2023

Learn more about the CTN distribution, the big news for XCB miners, and the release update for CorePass and Ping Exchange.

The first part of the New Era campaign has come to a close with an impressive number of Early Adopters of the CorePass ID application!

The number of app downloads has exceeded 3000! Thank you all for your participation!

The second phase of the adoption can now begin, bringing some exciting developments that you can read about below.

🟢Attention All Core Token (CTN) HODLers!

All of you who acquired Core Tokens during the pre-sale will soon be able to claim and transfer them to your Mainnet accounts.

⚙️Instructions:

  • The CTN distribution will take place on the Ping Exchange platform.

In order to➡️

▪️ Provide equal opportunity, there will be no live trading during the CTN distribution process.

▪️ Prove your ownership of the CTN, you will be required to claim your tokens with a few final steps during a further specified period of time.

⚠️You will be required to use your registered email address used for coretoken.net or corepassport.com registration.

👤Verification of your identity in CorePass ID

All token holders are further required to verify their identity and confirm their data via the CorePass ID application, which will also serve as your Ping Exchange login gateway.

🟢XCB HODLER App is Coming

In collaboration with the CRYPTO ▪️ HUB, we would like to announce the release of the first and official XCB HODLER application.

The main features of the app include:

  • Import function for Private Key and JSON (UTC) File
  • Sending Core Coin
  • Receiving Core Coin
  • Scanning the recipient’s Core ID
  • ED448 cryptography level of security

The XCB HODLER application will be available in your Android and iOS stores in the near future. Please stay tuned to Core Blockchain’s social media for the release date announcement!

🔵CorePass

The CorePass application has been successfully adopted by its early users, who also helped prove its functionality and the unmistakable uniqueness and unbreakable nature of the technology.

We remind you that the CorePass ID application has been facing public testing for more than six months. During this time period, not a single serious vulnerability or critical bug has been found.

❓What you can expect in the near future:

New CorePass Website Release✅

CorePass ID App Release✅

The release date of the CorePass ID application is set for Q2 2023 (this month). The specific day cannot be predicted due to the approval process for the live version in the Google App and iOS App Stores. And while we all believe in the best-case scenario, we always have to take into account any possible unexpected circumstances, when the approval process is managed by a third party.

Once the CorePass ID app is approved in these stores, there will be no other obstacles preventing it from being released!💎

🔵Ping Exchange

The Ping Exchange platform followed in the footsteps of the CorePass ID app and also faced public testing, which opened on May 4.

During this period, almost 700 traders visited the platform, contributing to 3000 trades across 1300 transfer types, including deposits and withdrawals. The greatest interest was found mainly in the trading of the XCB and CTN cryptocurrencies.

The Hacktrophy platform does not register any security or critical issues. All reported problems were minor user experience issues that are being resolved as we speak.

If you wish to get fully familiar with the platform before the release, the test version is still available at https://app.hextestnet.eu. In case you find a vulnerability or a bug, you can report it at https://app.hacktrophy.com/projects/ping.

Big Improvement in Scalability↗️

One of the most significant achievements in the development of the Ping Exchange platform is the increased scalability of trading orders. Specifically, we have recorded a 2500% increase from the previous version, and our goal is to keep increasing this number on a regular basis.

Ping Exchange Release✅

The release of the Ping Exchange platform does not require approval by a third party, as the CorePass ID app does. However, since this platform incorporates CorePass as its login gateway and KYC, their launch is directly linked.

Therefore, the Ping platform is ready to launch when the CorePass ID app is approved in the Android and iOS stores.

Again, please note that the CTN distribution will take place first on the Ping platform for all those who participated in the pre-sale. Only then will the trading platform with all its functions be released.

💥Phase 2 of the Early Adoption

If you belong among the successful participants of the early adoption of Core Tech and obtained the Early Adopter NFT in Phase 1 of the CorePass ID App, there are several important instructions for you to follow.

Remember SEED PHRASES and PIN CODES❗️

To successfully claim your Core Tokens from the Early Adopter NFT in the live (Mainnet) version of Ping Exchange, it is of utmost importance that every participant and the CorePass ID App user securely store their SEED PHRASE and PIN CODE that they used in Phase 1! Upon downloading the final live (Mainnet) version of the CorePass ID application, you will generate your new CorePass ID account on the Mainnet using your saved seed phrase and pin code mentioned above.

To receive the upgraded Early Adopter NFT and your 654 CTN, it is necessary to adopt Ping exchange in the following way:↘️

Step 1: Log in to Ping Exchange

Step 2: Deposit one of the following cryptocurrencies to a minimum value of $250:

BTC

LTC

ETH

USDT

Step 3: Perform at least 2 trades with a minimum value of $100 on either the Core Coin (XCB) or Core Token (CTN) market

Core Token (CTN) rewards will be distributed to everyone’s Ping Exchange wallets who have completed all the necessary steps above.⬆️

What Lies Ahead? Are You on Board?🚤

The approaching release will serve as a testament to the technology of tomorrow that CoDeTech brings forth, and we are glad that you have decided to stand on the edge of the future with us.

In the end, it is you who will be the judge of these new groundbreaking platforms, and you who will be integrating them into your everyday lives.

For this, we thank you.

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CoDeTech
CoDeTech

Innovation focused on inclusion, equality, and improving humankind through an adaptable and self-sustainable decentralized P2P Core Blockchain ecosystem.