Progress Report Dec.29-Jan.4

Key points:

• Last week, REI Network has been launched, while REI Network Node Election Campaign & $1,500,000 for REI Mainnet Bug Bounty was started.
• Upbit, the largest crypto exchange in Korea has supported REI Network mainnet upgrade and $REI token swap.

A. Product Development Progress

REI-Network

-Fix the error of estimates gas

-Optimize the performance of get logs

-Trunk code freeze

-Deploy mainnet protection nodes and RPC nodes

-Optimize the block generation delay of the testnet @5%

REI-SCAN

-REI Network mainnet block explorer released: https://scan.rei.network

-Navigation entry of the mainnet and testnet added

REI-DAO

-https://dao.rei.network

-Optimize the content displayed in some pop-up windows

-Modify the description of the text in the interface

-The display of the REI mainnet added

REI-Docs

-https://docs.rei.network

-REI mainnet related documents added

B. Operational Progress

• REI Network mainnet has been launched on December 30, now the network is in stable operation. This is a brand new era for GXChain (REI Network). Official RPC: https://rpc.rei.network Official document: https://docs.rei.network REI explorer: https://scan.rei.network Official website: http://rei.network.
• Twitter of REI Network released a video about the mainnet launch, in which REI Network (GXChain 2.0) was emphasized that It is not a simple technical iteration, but the reconstruction and innovation of GXChain, which will vigorously develop the ecology and innovation. The design of the free economic model will give users a different experience. Users and developers are welcome to participate in the ecology expansion together with REI Network. View now: https://twitter.com/GXChainGlobal/status/1476523677642784769
• The $1,500,000 for REI Mainnet Bug Bounty was started after the REI Network mainnet was launched. All released source codes can be found on REI's Github page: https://github.com/rei-network.
• BUG can be reported via a form: https://forms.gle/xJxntr4SLecVMXDo8, the REI development community will review and respond quickly. Participate in the REI Mainnet Bug Bounty Program to share $1,500,000.
• The application for the first batch of REI Network nodes was started on 12:00 UTC, December 29. Apply now: https://forms.gle/PhrnuUKYiizDqyHA6
• Upbit, the largest crypto exchange in Korea has supported REI Network mainnet upgrade and $REI token swap. The specific schedule will be announced after the REI Network mainnet observation period ends.

C. Brand Progress

Blockchain media Yahoo, Bloomberg, Benzinga, and Nasdaq reported on REI Network Node Election Campaign & $1,500,000 for REI Mainnet Bug Bounty after REI Network was mainnet launched.

D. GXChain Ecosystem

• FLY node and its alliance nodes distributed airdrop to users participating in staking on January 1, 2022. The total amount of the airdrop is about 3000 GXC.
• FLY node distributed a total of 1888 CNY in cash in the node community to welcome the new year during New Year's Day 2022. Please join the FLY community to communicate with ned7095249 if you have participated in the voting.
• In order to adapt to the launch of REI Network, FLY node have deployed corresponding nodes on both the REI testnet and the REI mainnet. At the same time, the community has been renamed REI-FLY, and the corresponding on-chain applications are to be deployed.
• The gxc-genesis node generated about 2000 GXC as block rewards in December. The current total value of block rewards is about 5000 USDT, which has been distributed to voters according to the voting ratio. In the new year, the gxc-genesis node is honored to witness the development of the brand-new REI Network with you.

Join the GXChain Community

GXChain 2.0 is an EVM-compatible public blockchain. As an Ethereum para chain, it owns the features of lightweight, free and dev-friendly. GXChain 2.0 is to effectively solve the current high cost and low-efficiency problems of public chains. Therefore, GXChain can achieve free, low-cost development, and rapid migration of applications, and can be shared and symbiotic with the EVM ecosystem, also supporting the development of Defi, GameFi, and NFT.

Users can access the GXC token on:

Binance | Huobi Global| Upbit | Bithumb | Bittrex

If you are interested to participate in our community and receive timely updates from the following official channels:

Twitter | Telegram | Medium |Github | Reddit | Website| Discord