Community Update Q4-
*Testnet:
Internal testing of the network commenced in late September and is progressing well. The latest version is now under test and fixing bugs.
The team is considering the option at present to merge the planned COSv2.1 functions into COSv2.0 and release them together, with the main upgrade functions for COSv2.1 being to open the clients mining function to ordinary VPS and server nodes. This will enable network growth at an exponentially faster rate, creating a much larger and very competitive storage network.
This is fundamental for broader network stability, the ability to offer more flexibility, broader storage solutions, a thriving DApp building platform, larger storage services and just as importantly, very strong token demand.
The team expects full open testing to commence soon.
All GitHub developments can be followed here — https://github.com/Sharders/sharder-chain/pulls?q=is%3Apr+is%3Aclosed+is%3Aopen
*Contract upgrade / New exchanges -
As soon as the test network is reset the team will heavily focus on deployment of the upgraded contract to new networks.
*There is now an agreement in place with a new exchange and deployment to the TRX network and will be announced following the contract upgrade, with exchanges on the subsequent networks (seen below) to follow. New liquidity reward programs will also be implemented.
We would like to reiterate that the contract upgrade DOES NOT change the circulating supply, there is NO dilution of tokens and your tokens in their current format on the ETH network are SAFE and built into the new contract. It simply provides greater ability to buy Sharder tokens via Tron, Huobi, Binance Smart Chain, OKEx Chain and any newer and more advanced chains/networks with future contract upgrades.
New exchanges will be added in future and will largely be decided/voted on by node holders, and community holders staking tokens to nodes.
As you can see, these steps in the right sequence will help with access to new investors by lowering GAS type fees and increasing liquidity.
*Business Development -
The team has also been working closely in the early stages of two new projects, one looking to create an international crypto financial services platform that integrates crypto and traditional institutions with the possibility of using Sharder Chain technology to run a public chain and integrate the Sharder SS token.
The other is a custodial wallet SaaS service which will support Sharder SS token custody.
Partial integration of the code is currently being carried out to determine compatibility with positive results thus far.
Any further detail and developments will be provided in future updates.
