SpaceChain Weekly Report (Oct 1 to 7)

ANNOUNCEMENT 

SpaceChain has adopted a dual token model – ERC-20 and QRC-20 — to expand our footprint and engage with additional communities of developers. The token swap started two weeks ago on September 14, 2018. The SpaceChain team would like to report to the community on the token swap updates.

  • Swap through Exchanges

Swaps from QRC-20 SPC tokens to ERC-20 SPC tokens on CoinEgg, EXX and Coinnest have finished. A total of 172,517,438 SPC has been swapped through exchanges.

  • Swap through Qbao

Qbao, a centralized wallet on Qbao Network, has supported the swap interchange between the two SPC tokens since September 14, 2018. Over 18 million QRC-20 SPC tokens have done the swap through Qbao now.

For more details, visit https://spacechain.com/spc-swap-official-update/

COMMUNITY ACTIVITIES

  • Our co-founder Zheng Zuo is currently in California, US, attending San Francisco Blockchain Week, which runs from Oct 5 to 12. The event “seeks to provide world-class education for both consumers and developers with the goal of pushing the boundaries of blockchain innovation. The focus of this week-long, immersive experience is to help the industry reach mainstream adoption through fundamental education and engagement with projects leading the way.”

TECHNICAL PROGRESS

The technical team based in China enjoyed a week-long public holiday last week to celebrate the 69th anniversary of People’s Republic of China.

Check out our weekly report every Monday for SpaceChain’s latest news and progress.

SpaceChain Token Audit

Recently, SpaceChain Foundation launched an Ethereum-based (ERC-20) SPC token to complement the existing Qtum SPC token. This will allow SpaceChain to enter the wider ecosystem of Ethereum. In order to make sure that this new ERC-20 SPC token meets all the required standards, SpaceChain completed an independent audit by Certik on our code.

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Nexus Partners with SpaceChain to “Travel Out Of This World”

Nexus, the digital currency and blockchain technology developed to improve the world through P2P networks, has announced a new partnership with SpaceChain. Interestingly, SpaceChain is a space firm that plans to develop a blockchain-based satellite network. Furthermore, the announcement came last week during Nexus’ 2018 Blockchain Conference.

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