DEx.top Lists PAI, Partner to Develop Large-Scale Smart Contract Applications
Decentralized exchange DEx.top opened deposits for PAI on 23 July. Trading began shortly after at 1PM on 24 July. Users stand to receive tokens when they deposit PAI as well as a 200% rebate on trading fees during the promotional launch campaign, so hurry before it’s gone!
PCHAIN is the world’s first native multichain system to support the EVM and features an innovative PDBFT consensus algorithm as well as a Smart Data Oracle mechanism based off their knowledge graph. PCHAIN also supports smart contract invocation with non-native tokens, addressing the issues of blockchain performance, incompatible smart contracts and reliance on external data in a step towards large-scale industrial applications of smart contract technology.
PCHAIN aims to “make large-scale blockchain applications possible“ and make blockchains as accessible and effortless as the Internet is today. On the other hand, DEx.top aims to develop financial infrastructure with a global reach and promote robust and healthy development of the blockchain industry. This partnership will allow the two teams to work towards their common goal of driving the blockchain industry’s development in tandem.
Additionally, PCHAIN has accumulated technical expertise developing smart contracts, particularly multi-chain and cross-chain capabilities. With this architecture, the main chain is used to store account information, settle digital currency transactions and communicate with other public chains as well as provide relevant services to sidechains. In terms of cross-chain technology, PCHAIN has primarily managed to bridge the gap between capital and assets.
DEx.top has also invested large amounts of R&D into multichain and cross-chain technology and plans to integrate these capabilities into its product offerings. Both DEx.top and PCHAIN will work even more closely in the future to drive the development of large-scale smart contract applications.
Project Progress:
- 200 nodes reached consensus based on its self-developed PDBFT consensus algorithm and successfully packaged transactions as well as generated blocks.
- crossed continent test successfully with 30 nodes based on PDBFT algorithm and successfully packaged transactions as well as generated blocks.
- Finished coding for dynamic validator join/leave process with bidding
- Finished coding of transferring balance from main chain to child chain
- Refining the consensus module as well as overall technical architecture, as well as the internal automated testing framework.
- Received “most promising cross-chain infrastructure/protocol of the year” award from the Global Blockchain Technology Expo 2018, and was selected as the best blockchain platform of 2018 by Bitcoinist.
Project Website: https://pchain.org/
Project Whitepaper: https://pchain.org/js/generic/web/viewer.html
About DEx.top
DEx.top is an Ethereum-based decentralized exchange incubated by Bitmain.
DEx.top pioneered the Replayed On Chain (ROC) mechanism, which uses a system of two ledgers for off-chain matching and on-chain settlement to enable instant trades and lowered gas costs. User assets are held by secure and transparent smart contracts; the non-custodial platform only provides matching services and does not store any users’ private keys so as to provide a safe and reliable trading experience. DEx.top aims to provide a safe, instant and low-cost digital asset exchange experience and serve as a user-friendly decentralized exchange regardless of each users’ experience and requirements.
Website: https://dex.top
