PCHAIN (PAI) Weekly Progress Report (2018/09/01–2018/09/07)

Plian
4 min readSep 10, 2018

Welcome to PCHAIN weekly report.
To keep the community updated, we summarize our latest progress and activities of the PCHAIN project here.

Development Progress
The team keeps improving the consensus mechanism. A few major improvements include:
1. Maintain Pchain TestNet, keep it stable to reproduce high TPS
2. Fix bugs for Pchain TestNet
3. Integrate code to the branch of new system framework and keep fixing bugs
4. Investigate solution for cross-chain transaction
5. Start developing demo client for pchain
6. Keep improving internal auto-test framework

PCHAIN News

PCHAIN Testnet 1.0 will be officially launched at 15:00(Singapore time) on Sep13.

The launch of the PCHAIN testnet will be broadcast live on YouTube at 15:00 on Sep 13. The peak of TPS will be revealed at that time. “Guess PCHAIN TPS contest!” activity is going on on Twitter, you can go to https://twitter.com/pchain_org/status/1036565834431250434 to submit you guess PCHAIN TPS peak. On the day of the live broadcast, PCHAIN will announce the winner whose guess is closest to the answer, who will receive 5000PAI.

In addition, BUDHI, PCHAIN’s ecological partner, has established event prediction for the event, which can be participated by scanning the QR code!

The ranking of PCHAIN PANDA program has been updated this week

PCHAIN Dynamic Super Node Plan Eve — Executive Super Nodes Campaign is under way, and registered users will be able to log in every Friday to check their ranking and score. Before the deadline of September 22, users can add PAI, but cannot reduce (if you did, your score will be 0). All users who successfully participate in this campaign can get an annual return of 8% ~ 10%, and those who run for the standing super node can get an annual return of up to 60%. Registration link: http://supernode.pchain.org.

In the bear market, the PCHAIN ranks only behind BTC in terms of investment value

CryptoDiffer, a aggregator platform for top ICO expertise, released a ranking of the most investable digital currencies in a bear market on Sep 5 on its official platform. PCHAIN is the third highest in the ranking, behind BTC.

PCHAIN PANDA has received many authoritative media reports from Nasdaq, Reuters, Yahoo and Morningstar

Recently, PCHAIN Executive Super Node Campaign, Nasdaq, Reuters, Yahoo, Morningstar and Fortune, and other mainstream media reports, won the users of the enthusiasm to participate in, also let more people attention to technology advantage of PCHAIN Dynamic Node Campaign, eliminate human disturbance factors, pure dynamic gain more users in the form of dynamic super node to provide consensus PCHAIN community ecological services.

Details: https://twitter.com/pchain_org/status/1036959269277450245

PCHAIN gets many Youtuber’s support

Video Link: https://www.youtube.com/watch?v=GzStFyruj3w

Video Link: https://www.youtube.com/watch?v=dK_cw3pHa0I&feature=youtu.be

Video Link: https://www.youtube.com/watch?v=Ih71Yj1a0_o

Video Link: https://www.youtube.com/watch?feature=youtu.be&v=fmeJ70HbLEM

Last week, CryptooSID, rushingdallas, the Cryptoniac & DOMSCRYPTO (Youtube account name), among others, published a commentary on The PCHAIN video. From the technical perspective of PCHAIN, they discussed why PCHAIN as a native multi-chain system can make large-scale blockchain application possible, why PCHAIN is recognized and supported by many VC institutions, and whether you can become a permanent dynamic super node of PCHAIN. Welcome to the video link above.

Dr. Cao Feng was invited to participate in Eleven Global Meetup on Sep 18

PCHAIN was invited to attend Singapore Eleven Global Meetup hosted by WXY on September 18 to discuss blockchain technology with numerous quality public chain projects, VC institutions and blockchain media.

Closing Words

A huge thanks to the community for actively supporting our project. We look forward to sharing with you our next weekly progress report!

Stay tuned for more exciting developments. We will see you next week!

Join PCHAIN’s ever growing community at the following links:
Telegram1: https://t.me/pchain_org
Telegram2: https://t.me/pchain_org2
Telegram(Chinese Community): https://t.me/pchain_CN
Telegram Announcement Channel: https://t.me/pchain_org_ann
Medium: https://medium.com/@PCHAIN
Steemit: https://steemit.com/@pchain
Reddit: https://www.reddit.com/r/Pchain_Org_Official/
Twitter: https://twitter.com/pchain_org
Founder/CEO’s Twitter: https://twitter.com/jeff_fengcao

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Plian

Plian positions itself to bring near-instant blockchain transactions without sacrificing decentralisation or security to public and enterprise DeFi.