SimpleChain Weekly Report: October 21-October 28

SimpleChain
SimpleChain
Published in
4 min readOct 30, 2019

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Mainnet Data

Since its launch on January 4th, SimpleChain mainnet has been running steadily. Up until October 27th, the amount of total addresses on SimpleChain is 10,462. Average peak computing power is 187.079 GH/S, and average peak difficulty is 2372G. The amount of total transactions is 111,753.

Ecosystem

SimpleChain 2.0

  1. Added tx.nonce into smart contracts to simplify cross-chain transaction smart contracts;
  2. Modified solc compiler and deployed new version of cross-chain transaction smart contracts; tested transactions;
  3. Incorporated new version of solc into remix-idle;
  4. Fixed bugs of missing orders during cross-chain transactions.

Wallet-ChainBox

  1. Completed server of payment platform;
  2. Completed nodejs demo of payment platform;
  3. Developing golang demo of payment platform;
  4. Completed payment platform docking document.

Mining Pool-Simpool

  1. To deal with recent pool malfunctions, planning to execute keep-alive sending frequency limit.

Blockchain Explorer

  1. Fixed gasused inaccuracy;
  2. On contract verification, finished multiple document upload verification and JSON file verification;
  3. Email login/signup ready, will add email verification.

Community

SimpleChain Awarded at the 7th Guangdong Financial High Tech Zone “Blockchain+” Fintech Innovation Contest

On October 27th, SimpleChain participated the 7th Guangdong Financial High Tech Zone “Blockchain+” Fintech Innovation Contest (Hangzhou Division) and was awarded.

This contest was founded in 2013 and has become one of the most influential innovation and entrepreneurial activities in South China and even within the whole country. This year’s contest was launched in September and the focus is to seek innovative blockchain projects and integrate “blockchain+”fintech resources within the country, and promote the application of financial technologies.

Crypto Economy Interview: Low-Profile Project SimpleChain Receiving Overseas Attention

On October 28th, sipc.vip founder Judy Yu and Bitsoda founder Xingchen Li were invited to conduct an interview with Crypto Economy. Judy said that she met a lot of foreigners interested in SimpleChain during MinerSummit 2019 held in Chengdu. Someone even offered $200 for SimpleNode X1 USB mining machine. Bitsoda founder spoke highly of SimpleChain, and it’s exactly the low-profile, hard-working attitude of the team that made him choose SimpleChain SIPC to be listed on Bitsoda.

Bitsoda.com is the very first who develops social investing model, e-commerce platform operation strategy and innovative project incubation mechanism globally, aiming to power financial inclusion, SME development, as well as blockchain industrial transformation with more practical use cases and massive user adoption.

Group-Buying SIPC Starting at 20% Off

To celebrate SIPC’s listing on Bitsoda and the first SIPC/USDT trading pair, SimpleChain and Bitsoda conducted a group-buying promotion.

About SimpleChain

The mission of SimpleChain is to simplify the blockchain for business.

SimpleChain is a PoW main chain with flexible sub-chains. Different sub-chains can adopt different kinds of consensus and block data structure as needed, to enable a variety of applications and use cases on blockchain. Sharding is also implemented to improve performance. This double-layered structure of one main chain and multiple sub-chains can fuel various applications while ensuring the consistency of the network.

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 Mining & Trading — -
Wallet-Chainbox (Chinese only at the moment): download available at www.simplechain.com

Mining Client-SimpleNode (English & Chinese, 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 (English & Chinese): www.zt.com

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SimpleChain
SimpleChain

Launched on January 4, 2019, SimpleChain aims to simplify the blockchain for business, and build a simple, easy-to-use distributed blockchain network.