FESSChain Bi-monthly Updates #1
Hey Believers,
We missed you since our last update in July 2020. For making things more inclusive and transparent, we will be starting FESSChain bi-monthly updates to let the community know about the current status of the developments happening at present.
This is the Bimonthly Update Number 1 where we will be discussing the BitHind, next FESSChain product, and Testnet V2.0.
FESSChain Second Product (Launch in August 2020)
We are abiding by our Roadmap and the second update is regarding the same. The current status of this AI and blockchain-based Product is:
- The Deployment of is 50% Completed.
- Testing is completed
- Server Integration and Testing is in process.
- Bugs and Fixes are undergoing.
BitHind Exchange
First of all, we are sorry for making you wait for the BitHind official launch. But we want to let you know that the exchange is still in perpetual beta mode and features integration, deployment, and testing is taking place. But we have something new to let you know about our global cryptocurrency exchange.
On BitHind, we are introducing a hybrid environment. Through this users can operate on both centralize and decentralize environments. With our soon to be launched Exclusive Integration on BitHind, users will be able to take the benefit of centralize trading environment and decentralize trading in FESS with the help of the exclusive integration.
Testnet V2.0
We have launched FESS blockchain Testnet V1.0 in the first week of July 2020. The work is ongoing towards the proposed main net in the Q4 of 2020. But before that, another upgrade is required and that is Testnet V2.0. Following developments have been achieved so far-
Sub chain Net Integration is ready for FESSChain Testnet V2.0. Through this integration, the transactions through this can be bounced.
The bouncing helps us to test and optimize the speed among two or more sub-chains for better performance.
The blockchain is being designed in such a manner that along with ERC20 and our own blockchain we will be able to entertain requests from other blockchain platforms (other than ETH) in the near future.
This will help us to give the user a fast experience as the user can bounce their transactions (via supported ones) on our chain for faster transaction processing.
*The Exclusive Feature/Product
This will be a surprise for all of you, In August 2020, we will be announcing the launch of an exclusive integration on the BitHind platform. It will be our major step towards decentralization. You can expect further information and more details about this real soon from us.
More news regarding the listing, partnerships, and developments will happen in a matter of a few weeks. We are excited to share all of it with you.
Till then keep supporting :)
