SimpleChain Weekly Report: August 24-August 30

Mainnet Data

Up until August 30th 2020, the amount of total addresses on SimpleChain is 14,182. Average peak computing power is 511.372 GH/S, and average peak difficulty is 6,428 G. The amount of total transactions is 213,540.

Technical Development

SimpleChain 2.0

1. Added PBFT consensus algorithm for block verification during consensus process;
2. Changed the BFT consensus node block synchronization logic to improve the block synchronization and verification efficiency of consensus nodes.

SimPool
Launched English version of SimPool. SimPool now supports switching between English and Chinese.

Community Highlights

SimpleChain Black Hole Developer Challenge reported by Persian Media Way2pay.ir

SimpleChain Black Hole Developer Challenge was reported by Way2pay, a leading technology and financial media in the Middle East. The SimpleChain Black Hole Developer Challenge started on July 30. More than 15 teams have signed up and are already under intense development to build applications such as deposit certificates, tracing and tracking, e-commerce, and smart contracts on SimpleChain. A number of blockchain industry experts have been invited to be judges for the challenge, including Yu Xiong, member of expert board, All Party Parliamentary Group on Blockchain, UK; Krzysztof Piech, chairman of Polish Blockchain Technology Accelerator; and Mehdi Ghane, international data center architect.

Link to report: https://way2pay.ir/198693/

About SimpleChain

Launched on January 4, 2019, SimpleChain aims to simplify the blockchain for business, and build a simple, easy-to-use distributed blockchain network to promote a distributed digital economy. SimpleChain is a PoW main chain with flexible sub-chains. Different sub-chains can adopt different kinds of consensus mechanisms and block data structure as needed, to enable a variety of applications and use cases on blockchain. SimpleChain now has applications in digital evidence deposition, copyright protection, gaming, cryptoasset services, social e-commerce, and more.

Built on VeraxChain, SimpleChain’s first sub-chain, Baoquan.com provides record keeping services which serves to keep records of online data and authenticate electronic evidence. In June 2018, Hangzhou Internet Court of China judged a case of copyright dispute based on data stored on Baoquan.com. For the first time in China, the legal effect of the electronic data stored on blockchain is recognized in the judicial system. (News link: https://www.coindesk.com/blockchain-can-legally-authenticate-evidence-chinese-judge-rules)

Find SimpleChain at:

— -Overview — -

Website: www.simplechain.com
Whitepaper: www.simplechain.com/ims/chain/download?spm=1922.1381.010729.122&language=english
Github: www.github.com/simplechain-org
Blockchain Explorer: www.explorer.simplechain.com/

— Community — -
Twitter: www.twitter.com/SimpleChain
Telegram: www.t.me/SimpleChainEN
Medium: www.medium.com/SimpleChain
Reddit: www.reddit.com/r/SimpleChain
Facebook: www.facebook.com/SimpleChainOfficial

— -SIPC Wallet, Mining & Trading — -
Mobile Wallet-SIPC.VIP: download available at https://www.sipc.vip/?lang=en

Mobile Wallet-Chainbox: download available at www.simplechain.com

Browser Plug-In Wallet-SimPlug: guide available at https://medium.com/simplechain/simplug-guide-sipc-wallet-in-your-browser-c2440843decb

Mining Client on PC-SimpleNode (can also act as a wallet): download available at www.simplechain.com

Mining Pools
1. SimPool (Chinese only): www.simpool.vip
2. MATPool (Chinese only): www.matpool.io/
3. DXPool (English & Chinese): www.dxpool.com/
Mining Guide with DXPool: https://www.dxpool.com/help/en/sipc-mining-tutorial

Mining Machine: SimpleNode X1 USB mining machine: 2M hashrate, 5W power use. Please contact @Laurenxy on Telegram if interested.

Trading

SIMPLE/USDT: www.coinex.com

SIPC/USDT: www.ztb.com

(Both SIMPLE and SIPC represent SimpleChain’s native digital asset.)