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PCHAIN (PAI) Weekly Progress Report(28/7/2018–3/8/2018)

Welcome to PCHAIN weekly report.

To keep the community updated, we summarize our latest progress and activities of the PCHAIN project here.

Development Progress

1. Keep optimizing consensus system
2.Finish coding of dynamic validator join/leave process with bidding
3. Finish coding of transferring balance from child chain to main chai
4.Generally finish adjusting of the structure between consensus module and other parts, start trying batch depolyment
5. Keep building multi-chain test network
6. Keep improving internal auto-test framework

Dr. Feng Cao delivered a Speech on PCHAIN Multi-chain during the BCH Anniversary International Summit

Dr. Feng Cao delivered a Speech on PCHAIN Multi-chain in BCH

On August 1st, Dr. Feng Cao delivered a speech at BCH “Expanding the World” Anniversary International Summit and BCH Ecological Construction Project Conference in HK, he explained how PCHAIN crosses chain with BCH as a smarter contract platform 2.0 by analyzing the chain-to-chain interaction, the innovative PDBFT algorithm balances efficiency and decentralization, supports non-native token calls, and Smart Data solves smart contracts without closed loop, allowing more people to understand how PCHAIN to make large-scale blockchain applications possible.

PCHAIN in Seoul for Huobi Carnival 2018: Dots, Colors, and New World

Our CEO, Jeff Cao, participated the Huobi Carnival as a VIP participant. He shared ideas about recent developments of PCHAIN multi-chain and how PCHAIN will introduce innovative changes to next generation Blockchain Ecosystem.

On Aug 2nd, Feng meet lots of the blockchain friends and had a good conversation about the development of latest blockchan technology and exchanges in futures with them at Huobi Carvinal in Seoul.@huobi-Korea @BITCOlNCASH

In addition, Chinese and South Korean blockchain industry giants including Chairmann of Hubobi Korea Guofeng Zhao,Founder of BITMAIN Jihan Wu, CEO of Bitcoin.com Roger Ver, Node Capital Founder Jun Du,etc.shared and discussed new regulatory consensus with south Korean government officials on blockchain industrial problems and imbalance. Look forward to the future of blockchain.

PCHAIN News

  1. PCHAIN with 15 companies and univerdities such as Apple Inc, Tencent, Alibaba, etc. founded the IEEE P2418.2 data format standard members of the blockchain system,and will attend IEEE 2418.1 (Blockchain for IoT) F2F meeting along with # IEEE Global Blockchain Summit #@ NIST in Gaithersburg, MD, USA, on 20/21 Sept. @IEEEorg

2.The 1st official blockchain forum between China and India;The 1st dialog platform between China and India high-level authority of the government. PCHAIN is glad to be invited as Industry Representive.

3. Recently, PCHAIN and Bodhi have reached a global strategic partnership focusing on the prediction market. Bodhi will build a credible, autonomous and extensible prediction market platform based on the public chain of PCHAIN, which can be used by a large number of users and promote the application of the prediction market worldwide. PCHAIN and Bodhi reached in-depth strategic cooperation on the purpose of “Enabling users to mobilize group wisdom and more accurately predict the outcome of future unknown events”.

More info here:

https://www.reddit.com/r/Pchain_Org_Official/comments/9482gz/pchain_and_bodhi_achieved_strategic_cooperation/

Closing Words

A huge thanks to the community for actively supporting our project. We look forward to sharing with you our next weekly progress report!
Stay tuned for more exciting developments. We will see you next week!

Join PCHAIN’s ever growing community at the following links:
Telegram 1: https://t.me/pchain_org
Telegram 2: https://t.me/pchain_org2
Telegram(Chinese Community): https://t.me/pchain_CN
Telegram Announcement Channel: https://t.me/pchain_org_ann
Medium: https://medium.com/@PCHAIN
Steemit: https://steemit.com/@pchain
Reddit: r/https://www.reddit.com/r/Pchain_Org_Official/
Twitter: https://twitter.com/pchain_org
Founder/CEO’s Twitter: https://twitter.com/jeff_fengcao

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Plian

Plian

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Plian positions itself to bring near-instant blockchain transactions without sacrificing decentralisation or security to public and enterprise DeFi.