Monthly Progress Report

Please find below the key highlights of the last four weeks.

Development progress

1- Mainnet update v1.3.05 was released on October 15th to fix a cross-chain transfer issue causing “bad blocks” and the abnormal mining resulting from external attacks on our P2P layer.

More details here: https://t.co/qU9omqkvcg?amp=1

2- Testing the PIwallet mobile functions such as address management, PI transfer and delegation.

3- Optimize the PIwallet mobile front-end & back-end integration for both Android and iOS version .

4- Deployed & launched relevant monitor and piscan for PCHAIN new commercial child chain.

5- Launched new commercial child chain with DCEP application, LAFOI Wine Chain, with 4 initial nodes.

More details here: https://t.co/9CVLo7oXhK?amp=1

6- Mainnet operation and maintenance.

Recent news

1- PCHAIN completed its 3rd Burn of 50m PI on October 15th.

25m PI from the Team wallet and 25m from the Foundation wallet.

Burn USD value: ~447,250 USD accounting for ~2.6% of the total supply.

PCHAIN will burn up to 500m PI as part of PCHAIN 2.0 expansion plan, 50m PI per month.

Transaction hash 1: https://piscan.pchain.org/index.html?key=0x2a2cf8d11e8bd49d4910fc83285ff62cd7fd859408987cd40f3858090a8c741b&chain=0

Transaction hash 2: https://piscan.pchain.org/index.html?key=0xc919be4a05962bc01693673d952d3ce24808825b83e93bd2d9f5ca5db5fe716e&chain=0

2- Mainnet update v1.3.05 was released on October 15th to fix a cross-chain transfer issue causing “bad blocks” and the abnormal mining resulting from external attacks on our P2P layer.

More details here: https://t.co/qU9omqkvcg?amp=1

3- Launched new commercial child chain with DCEP application, LAFOI Wine Chain, with 4 initial nodes.

More details here: https://t.co/9CVLo7oXhK?amp=1

4- PCHAIN 1st public CCC with DCEP application has been covered by 40+ leading Chinese media e.g. http://people.cn & http://cnr.cn. and western media, which is already generating business & authority collaboration pipeline momentum.

Western press release: https://twitter.com/pchain_org/status/1316674394098368512

Chinese press release: https://twitter.com/pchain_org/status/1310523492522242050

5- PCHAIN founder Dr. Jeff Cao, as Chief Scientist and Co-Founder of China Federation of Logistic and Purchasing (CFLP) Blockchain Application Branch, has been invited as keynote speaker at the 3rd China Smart Supply Chain & Logistics Innovation Summit on Oct. 21st. Jeff will cover PCHAIN groundbreaking commercialisation of DCEP + SupplyChain through LAFOI Wine Commercial Child Chain CCC. Other keynote speakers from AlibabaGroup, Walmart, Huawei, etc.

6- PCHAIN iOS mobile wallet has reached final testing. Next, PCHAIN team will submit the final versions to both app stores, and the official release is scheduled in October.

7- PCHAIN PI was listed TOP 15 coins twice by GalaxyScore in October. Galaxy Score is a proprietary score that is constantly measuring crypto against itself with respect to the community metrics pulled in from across the web.

8- PCHAIN supply metrics are now up to date on CoimMarketCap and CoinGecko and both integrated to our mainnet API: future changes from POS mining, BuyBacks and Burns will be automatically updated.

Follow PCHAIN on social media:

Telegram Official Channel, Telegram Node Support, Telegram Tech Support, Telegram Announcement Channel, Twitter, Telegram(Chinese Community) Telegram(Russian Community),Telegram(Spanish Community) Telegram(Germany Community), Telegram (French Community) Telegram (Vietnam Community), Telegram（Turkey community), Steemit,Reddit，Founder/CEO’s Twitter