PL^G October Update

Aaron McDonald
PL^G Toolkit
Published in
2 min readNov 4, 2019

CEO Aaron McDonald shares key developments over the past month. To stay up-to-date on the progress of our technology, follow us on Twitter and LinkedIn, plus join our community on PL^G’s Official Telegram channel.

This month we completed our upgrade to Substrate 2.0. Our core team will be focusing on network stability, and to do this we will be running an internal closed TestNet on Substrate 2.0. Once that is finalised we will implement the new PLUG code (PLUG 1) into the other Networks running PLUG including CENNZNET.

Not only has our tech had an upgrade, but our website has too. We’ve been refining our message and making it even easier to understand how you can implement PLUG into your business. Take a look at our new PLUG website here.

PLUG is going back to Singapore next month for FinTech Festival on 11–13 November alongside Centrality. This year Singapore FinTech Festival & SWITCH merged to synergise themes of FinTech and Deep Tech, and it’s going to be even bigger than last year, expecting 65,000 attendees from all over the world. Both PLUG and Centrality will be at the New Zealand county pavilion, showcasing innovative solutions in FinTech industry alongside other Kiwi businesses. Meet us at booth 5E17 with our friends Sylo, Centrality FinTech, Centrapay and Trackback.

Finally, we announced our PLUG token withdrawal. You can now withdraw your PLUG tokens via the TGE app. If you haven’t withdrawn your tokens yet, we encourage you to. Need some assistance, no stress, follow the step by step instructions here, or you can contact our team at support@tgeapp.com or support@plug.team

Here’s the latest from the networks building on PLUG:

Centrality

Centrality launched its new reward programme, which allows CENNZ token holders to receive real Centrapay (CPAY) reward tokens.

They did this because when they move to public staking in early 2020, they’ll need a pool of spending (aka gas) tokens in the network, and we wanted them to come exclusively for current CENNZ holders.

The staking period finishes on 25 January 2020, so it’s not too late to join. Click here to stake your CENNZ and earn Centrapay rewards. You can use the referral option to earn bonus Centrapay if you stake 8000+ CENNZ in one transaction. You can find out more about it here or the Japanese version here.

From a development lens, we are integrating the newest version of PLUG into CENNZnet which will help us prepare for public staking next year!

To stay up-to-date on the progress of our technology, follow us on Twitter and LinkedIn, plus join our community on PL^G’s Official Telegram channel.

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Aaron McDonald
PL^G Toolkit

Co-founder and CEO of blockchain venture studio Centrality