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      "body": "Congratulations @pchain! You received a personal award!\n\n<table><tr><td>https://steemitimages.com/70x70/http://steemitboard.com/@pchain/birthday1.png</td><td>Happy Birthday! - You are on the Steem blockchain for 1 year!</td></tr></table>\n\n<sub>_You can view [your badges on your Steem Board](https://steemitboard.com/@pchain) and compare to others on the [Steem Ranking](http://steemitboard.com/ranking/index.php?name=pchain)_</sub>\n\n\n###### [Vote for @Steemitboard as a witness](https://v2.steemconnect.com/sign/account-witness-vote?witness=steemitboard&approve=1) to get one more award and increased upvotes!",
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      "body": "@@ -375,21 +375,21 @@\n intain P\n-chain\n+CHAIN\n  TestNet\n@@ -504,11 +504,11 @@\n the \n-p2p\n+P2P\n  mod\n@@ -514,22 +514,22 @@\n dule of \n-pchain\n+PCHAIN\n %0A4. Star\n@@ -634,22 +634,22 @@\n ing for \n-pchain\n+PCHAIN\n  communi\n@@ -695,22 +695,22 @@\n ions of \n-pchain\n+PCHAIN\n  wallet%0A\n",
      "title": "PCHAIN (PAI) Weekly Progress Report (12/11/2018–18/11/2018)",
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{
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      "body": "![微信图片_20181112203212.jpg](https://cdn.steemitimages.com/DQmZyusgXab33ecmeUeQk64Z6EkacbT8daf8Z9MT1qFEhon/%E5%BE%AE%E4%BF%A1%E5%9B%BE%E7%89%87_20181112203212.jpg)\nWelcome to PCHAIN weekly report.\nWe would like to present you with our latest progress update. Please read below for a rundown of some important things that have occurred last week.\n\n# Development Progress\n\n1. Maintain Pchain TestNet 1.0 for testing\n2. Finish code merging for the enhanced PDBFT consensus, start debugging\n3. Keep debugging the p2p module of pchain\n4. Start coding for first version of cross-chain transaction\n5. Start the documentation work\n6. Finsh coding for pchain community BBS\n7. Start investigating the functions of pchain wallet\n\n# PCHAIN News\n## PCHAIN announced Call for Research Program on ICDM Blockchain Day\n![图片1.png](https://cdn.steemitimages.com/DQmP7YYRLV7NJeYJszLbykVEE5TfL7G7gEKLBRiXCEryoNN/%E5%9B%BE%E7%89%871.png)\n![图片2.png](https://cdn.steemitimages.com/DQmR5CnM46n3zWBukB1ySzVA7xsb2bswf8tqkQGKdw2hBGB/%E5%9B%BE%E7%89%872.png)\n![图片3.png](https://cdn.steemitimages.com/DQmXUFaH73k8uhujnkHdbenvEWrZekfCPksZ9EbAGzfkys5/%E5%9B%BE%E7%89%873.png)\nOn November 17th 2018, ICDM Blokchain Day, co-organized by PCHAIN, was successfully held in Singapore. IBM Almaden Research Center, C. Mohan also attend the conference, explored the Smart Data with PCHAIN founder Dr.Feng Cao and other big names in blockchain such as NEO, Zilliqa, Symphony. Through the ICDM platform, PCHAIN also announced that it plans to launch Call for Research program, so that more people can do in-depth research in the field of Smart Data to solve existing problems such as the reliability of data sources and the costs of data communication, so as to better develop the blockchain technology and further expand and stabilize the blockchain application ecosystem.\n\n## PCHAIN was invited to attend the China-Denmark Blockchain Experts Yangpu Dialogue\n![图片4.png](https://cdn.steemitimages.com/DQmQcHxFvThMoxcHDDq4QjfPLCynMCxo876f3pbxLT9DKQ2/%E5%9B%BE%E7%89%874.png)\nOn November 14th 2018, Dr. Feng Cao, founder of PCHAIN, was invited to attend the China-Denmark Blockchain Experts Yangpu Dialogue organized by the Yangpu District People's Government at Nordic Innovation Centre.\nTogether with president of European blockchain center, Roman Beck, professor  of Copenhagen Business School and doctoral tutor of blockchain project, Michel Avital Danish and other government representatives of Consulate General of Denmark in Shanghai, Danish Embassy in Beijing, Danish Investment Promotion Agency, etc, they discussed the development and application of block chain technology. At the same time, PCHAIN is honored to share the innovative technology of PCHAIN as a key block chain enterprise, which is recognized by the Danish leaders.\n\n## PCHAIN shared the development and future of blockchain at 2018 GEW CHAINA\n![图片5.png](https://cdn.steemitimages.com/DQmfWX8YN4AkRxyM8ucjWqdNzp9VCanLpUL4jax3iYQZgiP/%E5%9B%BE%E7%89%875.png)\n![图片6.png](https://cdn.steemitimages.com/DQmfWUgaWsXpapNrYWZE4PgHxWgB1CmofaypkFPHtKR2SAJ/%E5%9B%BE%E7%89%876.png)\nOn November 13th, 2018 Global Entrepereneurship Week CHINA started in Shanghai. Dr. Feng Cao, founder of PCHAIN, was invited to attend the event and shared a lecture on the development and future of blockchain technology. He said that TPS is highly important in the development of blockchain. Bitcoin can handle 200,000 transactions/day, and Ethereum can handle 300,000 transactions/day, while for a current medium-sized of network or large network, it needs to process 100,000 transactions per second. From 300K Tx/day to 100K Tx/s, the blockchain requires 28,800 times more performance to support the processing ability of networks. PCHAIN enables TPS to increase infinitely with the infinite number of child chains through innovative technology. The peak TPS of Testnet 1.0 has reached 123,424. Let's wait and see if we can set a new record in the future.\n\n## The first Reddit AMA of Public Chain Technology Alliance was well received\n![图片7.png](https://cdn.steemitimages.com/DQmNr68QJcFmVoDY5QFhAEFq7Hz74BnNFoSALvtAHF7MHSZ/%E5%9B%BE%E7%89%877.png)\nThe Public Chain Technology Alliance held its launch on November 10th and hosted an online interactive session on the Reddit AMA on the evening of November 15. PCHAIN participated in the interaction with the NEBULA, PLATINUM, and XMAX, which attracted the attention of blockchain enthusiasts. The subsequent PCTA AMA will be hosted on cryptocurrency, which has 750,000 listeners. \nStay tuned!\n\n# Welcome to learn PCHAIN at:\nTelegram 1: https://t.me/pchain_org\nTelegram 2: https://t.me/pchain_org2\nTelegram(Chinese Community): https://t.me/pchain_CN\nTelegram(Russian Community):https://t.me/PCHAINRussia\nTelegram(Spanish Community):https://t.me/pchain_org_spain\nTelegram(Germany Community):https://t.me/pchain_org_germany\nTelegram (France Community): https://t.me/pchain_org_france\nTelegram Announcement Channel: https://t.me/pchain_org_ann\nMedium: https://medium.com/@PCHAIN\nSteemit: https://steemit.com/@pchain\nReddit: https://www.reddit.com/r/Pchain_Org_Official/\nTwitter: https://twitter.com/pchain_org\nFounder/CEO’s Twitter: https://twitter.com/jeff_fengcao",
      "title": "PCHAIN (PAI) Weekly Progress Report (12/11/2018–18/11/2018)",
      "author": "pchain",
      "permlink": "pchain-pai-weekly-progress-report-12-11-2018-18-11-2018",
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{
  "op": [
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      "body": "![微信图片_20181112203212.jpg](https://cdn.steemitimages.com/DQmZyusgXab33ecmeUeQk64Z6EkacbT8daf8Z9MT1qFEhon/%E5%BE%AE%E4%BF%A1%E5%9B%BE%E7%89%87_20181112203212.jpg)\nWelcome to PCHAIN weekly report.\nWe would like to present you with our latest progress update. Please read below for a rundown of some important things that have occurred last week.\n\n# Development Progress\n\n1. Maintain Pchain TestNet 1.0 for testing\n2. Keep debugging the process of balance transferring between child-chain and main chain\n3. Finish coding for the enhanced PDBFT consensus, start merging code to main branch\n4. Keep debugging the p2p module of pchain\n5. Investigate solution for cross-chain transaction\n6. Start the documentation work\n7. Start building the community forum website\n8. Start investigating the functions of pchain wallet\n\n# PCHAIN News\n## PCHAIN Will Start Unlocking the Team Tockens after MainNet Launch\n![图片1.png](https://cdn.steemitimages.com/DQmXuPqa8XbfzExgKWhkmBNKGomYrUtirECzEMr1J5MEv2U/%E5%9B%BE%E7%89%871.png)\n1.PCHAIN TestNet was launched one month earlier than our roadmap on 13th Sept 2018. \n2.Our original plan for team tokens is to start unlocking after the TestNet launched.However,for the betterment of the ecosystem and community services of PCHAIN,the PCHAIN committee after discussion has  decided to start unlocking the team tockens only after MainNet launch,and will complete the team token distribution linearly within 24 months thereafter.\n3.PCHAIN promises that our team tokens will remain locked until above mentioned times.For complete transparency anyone can follow the wallet \n0xaedd98f86ca23656832ef2ab09b99655754a6354.\n\n## PCHAIN Technology:The Dynamic Join-and-Exit Mechanism of the PCHAIN Validator\n![图片2.png](https://cdn.steemitimages.com/DQmfRFKD5x33jRwdeq7kMXB1vRdi8XZ7MGvwMAFbRfiFEex/%E5%9B%BE%E7%89%872.png)\nRecently,our CTO,Steven Lv, posted an article about the dynamic Join-and-Exit mechanism of PCHAIN validator.He mad a deep dive into the principles and process of PCHAIN dynamic bidding.PCHAIN adopts its own unique PDBFT consensus mechanism which supports thousands of Validator nodes to efficiently reach consensus.It also enables a dynamic-join-and-exit mechanism for the Validator, eliminates manual intervention, and automatically replaces the Validator nodes, thus effectively maintaining the decentralization features of blockchain. \nIn general,PDBFT improves efficiency, speed of consensus, and decentralization. At present, this technology has applied for a patent.\nDetails:https://medium.com/@PCHAIN/the-dynamic-join-and-exit-mechanism-of-the-pchain-validator-b42cf4bc368d \n\n## Public Chain Technology Alliance Launch Press Conference,Exploring the Development Boundary of Public Chain\n![图片3.png](https://cdn.steemitimages.com/DQmbaoXugRoiFJJcBfR2vBc8G6QdeSXnExgD42ojZaLCRkn/%E5%9B%BE%E7%89%873.png)\n![图片4.png](https://cdn.steemitimages.com/DQmPZHM9DZiRyv6whE3UFRbZ39ToUGH68C1ivTKsVj6Ws6E/%E5%9B%BE%E7%89%874.png)\nOn November 10th 2018,public chain technology alliance launch press conference&first closed-foor sharing meeting was sucessfully held in Shanghai.At the round table of \"Public Chain Competition and Cooperation\" hosted by Mars Financial sponsor Wang Feng, PCHAIN founder Dr. Feng Cao believes that it takes at least two years for the public chain to start working and actually get better results. Only make a good preparation can go through the process of accumulating experience and breaking out.Because of its \"natural, pure\" qualities, the public chain will certainly be better than the Internet in the future, and everyone can become part of this ecosystem.However,the most important problem in this process is TPS.PCHAIN aims to make large-scale application of blockchain possible through innovative blockchain technology. The peak TPS of 123424 in PCHAIN TestNet1.0 is just a beginning.\nXu Yiji, founder of the Venture Vision Program, Dr. Pu Songtao from the CCID Research Institute and the first partners of the Technology Alliance are present at this conference,including Nebulas, Bytom, HPB, NULS, XMAX, YouDeal and Atlas Protocol,etc. Besides, some relevant cooperation agencies and communities, special guests, media, etc. attended the event.\n\n## PCHAIN attended the China Lithuania Economic Cooperation Forum\n![图片5.png](https://cdn.steemitimages.com/DQmVBusQEgtuSf2r3MJZhgVcNTSBod7rN77wVDz1vwKaLR3/%E5%9B%BE%E7%89%875.png)\n![图片6.png](https://cdn.steemitimages.com/DQmQ9uaSKtVjoDqoQBQXcrbFfWpSAKzhYEz3A89bMP8yR9h/%E5%9B%BE%E7%89%876.png)\n![图片7.png](https://cdn.steemitimages.com/DQme4A5SERymH1P66iA62qqooYMWBD2j1q7vaqjRuccNaxK/%E5%9B%BE%E7%89%877.png)\nOn November 5th 2018,Dr. Feng Cao, founder of PCHAIN was invited to attend the China Lithuania Economic Cooperation Forum and the China Lithuania Financial Technology Cooperation Summit.The President of the Republic of Lithuania and the Minister of Economy of the Republic of Lithuania also attend this summit and introduce the LBChain which issued by the Bank of Lithuania.The public chain has received much attention from all countries. It is believed that the innovative application of blockchain technology will be well developed with the support of people from all walks of life.\n\n## PCHAIN PANDA Plan Weekly Ranking Update\n![图片8.png](https://cdn.steemitimages.com/DQmSwngx4hpCqEkJD5B5b6Uuj2iKNVV23xZpigQaJ3AsRi1/%E5%9B%BE%E7%89%878.png)\nPCHAIN PANDA plan personal scores and weekly rankings have been updated .\nFriendly remind Again：\nThere will be one chance to increase PAI from November 21st to November 22nd.\nSupernode Registration link: http://supernode.pchain.org   \n\n# Welcome to learn PCHAIN at:\nTelegram 1: https://t.me/pchain_org\nTelegram 2: https://t.me/pchain_org2\nTelegram(Chinese Community): https://t.me/pchain_CN\nTelegram(Russian Community):https://t.me/PCHAINRussia\nTelegram(Spanish Community):https://t.me/pchain_org_spain\nTelegram(Germany Community):https://t.me/pchain_org_germany\nTelegram (France Community): https://t.me/pchain_org_france\nTelegram Announcement Channel: https://t.me/pchain_org_ann\nMedium: https://medium.com/@PCHAIN\nSteemit: https://steemit.com/@pchain\nReddit: https://www.reddit.com/r/Pchain_Org_Official/\nTwitter: https://twitter.com/pchain_org\nFounder/CEO’s Twitter: https://twitter.com/jeff_fengcao",
      "title": "PCHAIN (PAI) Weekly Progress Report (5/11/2018–11/11/2018)",
      "author": "pchain",
      "permlink": "pchain-pai-weekly-progress-report-5-11-2018-11-11-2018",
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      "body": "![20181106.jpg](https://cdn.steemitimages.com/DQmVoNoVd5KWagyQ5SmVAKCH6P4aiUpbMZFDtA1VWSmEDcw/20181106.jpg)\n\nWe have finished the weekly AMA with Dr. Feng Cao on the telegram on Nov 6. Thank you for your participation and support. The following is the summary of the AMA.\n## Part 1: PCHAIN Technology Questions\n**Q1: What are the expectations for the testnet 2.0?**\n*A1: We will have 3 new important features.*\n![1106Q1.jpg](https://cdn.steemitimages.com/DQmUvrXyA8SZvZn3Ac8jzUdptQs1bafZaeXKFPcoZbcHuh7/1106Q1.jpg)\n\n**Q2: The surprise you mention in one of your tweets when we know, what are the other functions of PCHAIN?**\n*A2: Aadvanced cross chain tech/functions which is very unique in this space as it utilized some feature of PCHAIN.*\n\n**Q3: In testnet 2.0, there is automation test black box framework to continuously test the PCHAIN network. Can you explain more about this feature? Community developers can use this feature too?**\n*A3: We used this framework to test our new releases or when new features check-in as we adopt evolving development model. This framework will be also very important for our community developers.*\n\n**Q4: In PDBFT 2.0 consensus mechanism to reduce traffic and improve consensus efficiency, any estimated percentage of improvement will be?**\n*A4: 50% +.*\n\n**Q5: When should we expect the last of the patents to be approved?**\n*A5: We will continous to submit more and more patents，so there will not be the last patent ：）I guess you mean the next batch of patents. It will take some time as the process. But we have fully confidence on our innovation.*\n\n## Part 2: PCHAIN Marketing Questions\n**Q1: In the congresses that you are participating presenting PCHAIN, we only see reports in Chinese, when we will be in the usual and renowned media of the crypto world?**\n*A1: Of course，we will have more material in English over youtube，twitter ..*\n\n**Q2: There is already interest on the part of some governments to use PCHAIN in the future, I ask because I always see tweets that you are meeting with governments?**\n*A2: Yes, we are exploring business application as well as with government.*\n\n**Q3: Which employees have been hired in recent weeks and months? Is PCHAIN actively seeking new employees?**\n*A3: Our core dev team is relatively stable. we are actively to explore new features ：）*\n\n**Q4: When should we expect the cryptobriefing review?**\n*A4: I don’t know. It‘s based on their schedule. As you known，they are independent 3rd party, we can hardly influence them.*\n\n**Q5: Is there somewhere a token unlock schedule?**\n*A5: We didn’t announce that. In fact，we haven’t release our team token as we decided to postpone.*\n\n**Q6: Until when please, It’s just 1/3 circulating, 15 percent for network, 25 percent for team.**\n*A6: We will make announcement. For team，even we start our release plan，it will not release in batch. Instead，it will be linearly released in 24 months.*\n\n\n\n— — — — — — — — — THE END — — — — — — — — —\n*Thank you for reading!\nPCHAIN will hold AMA with Dr. Feng Cao on telegram every Tuesday from 10 pm to 11 pm (Singapore time). See you next week!*\n\n**Welcome to learn PCHAIN at:**\n *Telegram 1: https://t.me/PCHAIN_org\n Telegram 2: https://t.me/PCHAIN_org2\n Telegram(Chinese Community): https://t.me/PCHAIN_CN\n Telegram(Russian Community):  https://t.me/PCHAINRussia  \n Telegram(Spanish Community):  https://t.me/PCHAIN_org_spain\n Telegram(Germany Community):  https://t.me/PCHAIN_org_germany\n Telegram Announcement Channel: https://t.me/PCHAIN_org_ann\n Medium: https://medium.com/@PCHAIN\n Steemit: https://steemit.com/@PCHAIN\n Reddit: https://www.reddit.com/r/PCHAIN_Org_Official/\n Twitter: https://twitter.com/PCHAIN_org\n Founder/CEO’s Twitter: https://twitter.com/jeff_fengcao*",
      "title": "Weekly Summary of PCHAIN AMA on 06/11/2018",
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      "body": "Welcome to PCHAIN weekly report.\nWe would like to present you with our latest progress update. Please read below for a rundown of some important things that have occurred last week.\n![微信图片_20181105140822.jpg](https://cdn.steemitimages.com/DQmY9bSenyMT54ZPAoV7heioysskg7vcgbAJTQn25A6wifC/%E5%BE%AE%E4%BF%A1%E5%9B%BE%E7%89%87_20181105140822.jpg)\n\n# Development Progress\n\n1. Maintain PCHAIN TestNet 1.0 for testing\n2. Keep adding test cases and test the new version of PCHAIN\n3. Finish refactoring the process of balance transferring between child-chain and main chain, start debugging\n4. Finish coding for the enhanced PDBFT consensus, start debugging\n5. Finish refactoring the P2P module of PCHAIN, start debugging\n6. Investigate solution for cross-chain transaction\n7. Keep improving the auto-test framework\n\n# PCHAIN News\n## India may become the next important market for PCHAIN\n![1.jpg](https://cdn.steemitimages.com/DQmfWmb8sPippkM1G4yCLwe9GSYA4Z1KHJfcfKseuUwgMkm/1.jpg)\n![2.jpg](https://cdn.steemitimages.com/DQmXqbExhGQcxH4cd9k7dUvAHtPoC54Qg2V3rkmfYsidFaP/2.jpg)\nLast week, Dr. Feng Cao, founder of PCHAIN, was invited as the only Chinese representative of blockchain to attend Seventh China India Forum in Poona,India. He delivered a keynote speech on the development of blockchain and received a lot of feedback from many well-known Chinese and Indian companies, they have had a hot discussion on this topic.\nIt is understood that since the launch of the China India Forum in 2012,it has closely followed the theme of the times and the development opportunities of China and India.It has continued to focus on economic and trade development, investment cooperation, cultural exchanges and tourism promotion.China India Forum has established a communication platform between the government and enterprises and became a important mechanism for promoting pragmatic cooperation between China and India. The participation of all industries has continuously enhanced. India will also become the next important market for PCHAIN.\n\n## PCHAIN is invited to attend the China Lithuania Economic Cooperation Forum\n![3.jpg](https://cdn.steemitimages.com/DQmew3swdsTDXGiLWuZko6hpsdNeQeF6xXtVPdtLeo4ioZK/3.jpg)\nOn November 6th,2018, the China Lithuania Economic Cooperation Forum and the China Lithuania Financial Technology Cooperation Summit will be held in Shanghai. Dr. Feng Cao, founder of PCHAIN,will attend this forum as Chinese representative of blockchain. This summit has invited President of the Republic of Lithuania-Ms.Dalia Grybauskaite, the head of the Chinese Ministry of Commerce and the Minister of Economy of the Republic of Lithuania to attend. At the same time, the globally focused China International Import Expo has also been highly valued and expected by Lithuania. The Lithuanian Minister of Economy said that Lithuania's economic development benefits from free trade, and the Import Expo provides an excellent opportunity for free trade.\n\n## PCHAIN is in the BLOCK October Ranking TOP 5\n![4.png](https://cdn.steemitimages.com/DQmVBPjt41v1hrPdXnJ6LAcMW7DTEyfHS38k5FHqgeX7fGq/4.png)\n![5.png](https://cdn.steemitimages.com/DQmcAvCSpu5LPmnuhX8rpCWcyA4X1cNa1K5RmFx64B6oNKf/5.png)\nAt the end of October, BLOCK picked PCHAIN as Top 5 project of the month. BLOCK is a magazine aiming to provide news, commentary, and information on the blockchain space in an easily understandable manner. Thanks all media platforms for your support and recognition of PCHAIN. Just look forward to the launch of PCHAIN TestNet2.0!\n\n## PCHAIN PANDA Plan to increase PAI on November 21st\n![6.png](https://cdn.steemitimages.com/DQmaTBUDEewsPB8W5HmhexWVA1pQXgMzdmHbh5PoJYyVSXs/6.png)\nPCHAIN PANDA plan was officially closed on October 20th . There will be one chance to increase PAI from November 21st to November 22nd .\nNote：\nIf you increase your PAI between October 20th and November 20th ,it won’t be counted as personal scores.If you decrease your PAI in this period, your personal score will return to 0.\nPersonal ranking website: https://supernode.PCHAIN.org/ranking.html\n\n# Welcome to learn PCHAIN at:\nTelegram 1: https://t.me/PCHAIN_org\nTelegram 2: https://t.me/PCHAIN_org2\nTelegram (Chinese Community): https://t.me/PCHAIN_CN\nTelegram (Russian Community): https://t.me/PCHAINRussia\nTelegram (Germany Community): https://t.me/PCHAIN_org_de\nTelegram Announcement Channel: https://t.me/PCHAIN_org_ann\nMedium: https://medium.com/@PCHAIN\nSteemit: https://steemit.com/@PCHAIN\nReddit: https://www.reddit.com/r/PCHAIN_Org_Official/\nTwitter: https://twitter.com/PCHAIN_org\nFounder/CEO’s Twitter: https://twitter.com/jeff_fengcao",
      "title": "PCHAIN (PAI) Weekly Progress Report (27/10/2018–2/11/2018)",
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      "body": "![微信图片_20181029175517.jpg](https://cdn.steemitimages.com/DQmQ7eVwrDi3jYNrsxSyxEPZnkyvopLjY9CUEpGDTm7bnq7/%E5%BE%AE%E4%BF%A1%E5%9B%BE%E7%89%87_20181029175517.jpg)\nWelcome to PCHAIN weekly report.\nWe would like to present you with our latest progress update. Please read below for a rundown of some important things that have occurred last week.\n\n# Development Progress\nThe team starts coding for enhanced consensus mechanism. A few major improvements include:\n1. Maintain Pchain TestNet 1.0 for testing\n2. Add test cases and test new version of Pchain\n3. Keep refactoring the process of balance transferring between child-chain and main chain\n4. Keep coding for the enhanced PDBFT consensus\n5. Start refactoring the P2P module of PCHAIN\n6. Investigate solution for cross-chain transaction\n7. Keep improving the auto-test framework\n# PCHAIN Technical News\n\n​\n**Why Can the PCHAIN Peak TPS Achieve 120k+**\n![](https://cdn.steemitimages.com/DQmcRvtsx7UkpQWHDegWzm5Kc4rrGrkB3fBvjH8x8wXM4ap/image.png)\nOn Oct. 24.2018, Dr. Feng Cao, founder of  [PCHAIN](https://twitter.com/hashtag/PCHAIN?src=hash), posted a technical article about the history and status of TPS in Blockchain.\nHow does TPS become a core issue that the blockchain needs to solve? \nHow could TPS be calculated in blockchain? \nHow to improve TPS in current public blockchain ?\nDetails:\nhttps://medium.com/pchain-org/dr-feng-cao-the-history-and-status-of-tps-in-blockchain-eb8a98a02cfb\n\n​\n**PCHAIN is glad to become the inaugural cohort of Public Chain Technology Alliance**\n![](https://cdn.steemitimages.com/DQmRCZP3qFiZXxgubnDqQnKtV45BXe481smSLgXpAcAY6rR/image.png)\nRecently, PCHAIN was honored to be the inaugural cohort of Public Chain Technology Alliance, which was launched by Bitsclub Vision Program. PCHAIN with Nebulas, Bytom, HPB, NULS, XMAX, YouDeal and Atlas Protocol will cooperate to set up technical standards for public chains. While connecting blockchain ecosystems with developer communities, each public chain can develop its strength and help each other to foster the standardized development of the blockchain. The Bitsclub Vision Program (BVP) was initiated by Hitters XU, founder of Bitsclub and Nebulas, together with Dr. Ye, partner at SoftBank China Venture Capital (SBCVC), and Danhua Capital, Oneboat Capital and Odaily.\nDetails:\nhttps://www.prnewswire.com/news-releases/bitsclub-vision-program-launches-public-chain-technology-alliance-to-synchronize-distinct-blockchain-ecosystems-300737966.html\n\n​\n**PCHAIN & CoinXP Achieved Strategic Cooperation**\n![](https://cdn.steemitimages.com/DQmakGrahvWUd3D229Tjjx3rFHo5KX9EVsaZ9K75z4YQgEv/image.png)\nRecently, PCHAIN and CoinXP achieved a strategic cooperation. CoinXP is the vertical public chain focusing on cross-chain trading. PCHAIN & CoinXP will work on the technologies of cross-chain and decentralized assets custody together to enhance the advantages of both ecosystems and build a close loop of the value transfer through crypto trading, and ultimately strengthen the development of blockchain and cryptocurrency.\t\nDetails:\nhttps://medium.com/@PCHAIN/pchain-coinxp-achieved-strategic-cooperation-e735042e62d3\n\n​\n# PCHAIN Event\n**PCHAIN was invited to CNCC and delivered a speech on blockchain and knowledge graph**\n![](https://cdn.steemitimages.com/DQmTixVK3XbA2M9GvBm6VXLQzNoikrNmuzPosgieoeJU5tL/image.png)\n![](https://cdn.steemitimages.com/DQmThDhDX7F6WBGaC9BskTtZS6PY4EM4iJKAXHhJSnV5QY8/image.png)\nOn Oct 24th  2018, Dr. Feng Cao, founder of PCHAIN attended the CNCC2018 (China National Computer Congress2018) and delivered a speech on “blockchain and knowledge graph” in the in the Knowledge Graph Digital Economy forum. The knowledge graph and the smart data complement each other to solve the problem that the smart contract is not closed loop, and at the same time, as corresponding modules built in the node, they can support data acquisition of large-scale industrial applications.\n\n​\n**PCHAIN attended the Junction 30-day Countdown Launch Ceremony**\n![](https://cdn.steemitimages.com/DQmNpHEGpiK6Y4ESiFGwPG4oxFZdngPbX7QqoFjbUCHVMHt/image.png)\n![](https://cdn.steemitimages.com/DQmQ7hWmbu7izzhPMrjkS9DhU7VTtLG3yzxErwHmuoTTQd6/image.png)\nOn Oct. 24.2018, PCHAIN was invited to attend Junction× Digital Nation Hachathon 30-day Countdown Launch Ceremony. Juncion CEO Liri sent a blessing video on Launch Ceremony and expressed that blockchain track would be the most exciting and anticipating. As the partner of main chain, PCHAIN will mentor the youngers with top international technology giants such as NEO, Bytom, Facebook, European Space Agency and Microsoft.\nJunction official website：https://2018.hackjunction.com/\n\n​\n# Closing Words\n*A huge thanks to the community for actively supporting our project. \nWe look forward to sharing with you our next weekly progress report!\nStay tuned for more exciting developments. We will see you next week!*\n\n​\n# Welcome to learn PCHAIN at:\nTelegram 1: https://t.me/pchain_org\nTelegram 2: https://t.me/pchain_org2\nTelegram (Chinese Community): https://t.me/pchain_CN\nTelegram (Russian Community): https://t.me/PCHAINRussia\nTelegram (Germany Community): https://t.me/pchain_org_de\nTelegram Announcement Channel: https://t.me/pchain_org_ann\nMedium: https://medium.com/@PCHAIN\nSteemit: https://steemit.com/@pchain\nReddit: https://www.reddit.com/r/Pchain_Org_Official/\nTwitter: https://twitter.com/pchain_org\nFounder/CEO’s Twitter: https://twitter.com/jeff_fengcao",
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      "title": "PCHAIN (PAI) Weekly Progress Report (2018/09/15–2018/09/21)",
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      "body": "![](https://cdn.steemitimages.com/DQmboSXXW8pBqNbsvr4EFRD97xuqTP2KHNgCCEEn5JghRMF/image.png)\nWelcome to PCHAIN weekly report.  \nTo keep the community updated, we summarize our latest progress and activities of the PCHAIN project here.\n\n# Development Progress\n\nThe team keeps improving the consensus mechanism. A few major improvements include:\n1. Maintain Pchain TestNet 1.0 for testing\n2. New version of Pchain runs main chain successfully, and start debuging child-chain creation process\n3. Refactor the RPC of child-chain creation and validator join-exit process\n4. Investigate solution for higher performance\n5. Investigate solution for cross-chain transaction\n6. Keep improving the auto-test framework\n\n​\n\n# PCHAIN News\n\n**PCHAIN was invited to participate in Eleven Global meetup**\n ![](https://cdn.steemitimages.com/DQmQZ8KEozY2hM1QJ9S7nuSyZ9nN2i6rhqcbA2g7kruufqX/image.png)\nEmily Yao, the marketing director of [PCHAIN](https://twitter.com/hashtag/PCHAIN?src=hash), attended Eleven Global meetup and shared the latest development of PCHAIN, which include 3 key features of PCHAIN: Multichain+PDBFT+Dynamic Supernode, and PCHAIN [Testnet](https://twitter.com/hashtag/Testnet?src=hash)(123,424 [TPS](https://twitter.com/hashtag/TPS?src=hash)), which surprised all the guests present.\n\nDetails: [https://twitter.com/pchain\\_org/status/1042037680643567616](https://twitter.com/pchain_org/status/1042037680643567616)\n\n​\n\n**Consensus 2018 (Singapore): PCHAIN, blockchain 3.0**\n![](https://cdn.steemitimages.com/DQmQjDRvJq9eMN9rFp4gy9ynZsTZcDZNyPuCrf3TgQ16iWV/image.png)\nPCHAIN, as one of the sponsors of Consensus 2018 (Singapore), gave a keynote speech on PCHAIN, blockchain 3.0 on Consensus. PCHAIN takes multi-chain and cross-chain as the main development direction of technology, aiming to solve the current problems of scalability, interoperability, etc. Based on the unique PDBFT consensus algorithm, the performance will increase linearly with the infinite increase of sub-chain, making large-scale blockchain application possible.\nDetails: [https://twitter.com/pchain\\_org/status/1042283805044748288](https://twitter.com/pchain_org/status/1042283805044748288)\n\n ![](https://cdn.steemitimages.com/DQmVyiWLbDjKpqw9ex1BABEL74Q8nJe8LeKWBj2XyunuKmz/image.png)\nOn September 20, after the 2018 Singapore Consensus conference, Dr. Cao Feng met with many Blockchain projects in Singapore Blockchain Hub to discuss how Blockchain projects can better develop in a bear market.\n\n**Registration for PCHAIN PANDA plan has been extended to Oct 22**\n ![](https://cdn.steemitimages.com/DQmZacycNWH343qBApKh1vz9HN8R4bivScDJYwx5KXkAtkf/image.png)\nRecently,PCHAIN Executive Dynamic Super Nodes Campaign was consulted by more and more people after the testnet launched. Therefore, the official decided to extend the deadline of registration from September 22 to Oct 22, during which users can add PAI at any time. After the deadline of registration, users can only add PAI on Nov 21 and 22. This week's ranking has seen a big shift from the previous few weeks, with the number one user for three weeks being overtaken and down to number two. More ranking information can be found in the link below.\nRegister link：[http://supernode.pchain.org](http://supernode.pchain.org/)\n\n​\n\n# PCHAIN’s partnership updated:\n\n**PCHAIN Reaches Strategic Cooperation with OneLedger**\n![](https://cdn.steemitimages.com/DQmPWBwgHeP6SFYhP3q7owTxjUbtSVBVq23tbEwBcUwFFhR/image.png)\nOn September 11, 2018, PCHAIN signed a strategic partnership with OneLedger. The two sides will collaborate to assist each other with cross-chain technological development, ecological construction, blockchain applications, and other aspects to jointly create a distributed financial ecosystem. \nDetails: [https://twitter.com/pchain\\_org/status/1043464409153040384](https://twitter.com/pchain_org/status/1043464409153040384)\n\n​\n\n# Closing Words\n\nA huge thanks to the community for actively supporting our project. We look forward to sharing with you our next weekly progress report! \n\nStay tuned for more exciting developments. We will see you next week!\n\n​\n\n**Join PCHAIN’s ever growing community at the following links:**  \n Telegram1: [https://t.me/pchain\\_org](https://t.me/pchain_org)  \n Telegram2: [https://t.me/pchain\\_org](https://t.me/pchain_org)2  \n Telegram(Chinese Community): [https://t.me/pchain\\_CN](https://t.me/pchain_CN)   \n Telegram Announcement Channel: [https://t.me/pchain\\_org\\_ann](https://t.me/pchain_org_ann)  \n Medium: [https://medium.com/@PCHAIN](https://medium.com/@PCHAIN)  \n Steemit: [https://steemit.com/@pchain](https://steemit.com/@pchain)   \n Reddit: r/https://www.reddit.com/r/Pchain_Org_Official/  \n Twitter: [https://twitter.com/pchain\\_org](https://twitter.com/pchain_org)  \n Founder/CEO’s Twitter: [https://twitter.com/jeff\\_fengcao](https://twitter.com/jeff_fengcao)![](https://cdn.steemitimages.com/DQmZacycNWH343qBApKh1vz9HN8R4bivScDJYwx5KXkAtkf/image.png)",
      "title": "PCHAIN (PAI) Weekly Progress Report (2018/09/15–2018/09/21)",
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      "body": "![](https://cdn.steemitimages.com/DQmXAyRNemKTysGdTtNsVCqkJZUDzGNsdmodC66atyqTWrj/image.png)\n\n**We have finished the weekly AMA with Dr. Feng Cao on the telegram on Sep 18. Thank you for your participation and support. The following is the summary of the AMA.**\n\nQ1:\tSome people do not believe in your consensus algorithm and consider it a fake. Will you prove PCHAIN algorithm? Maybe make certified?\nA1:\tWe are applying our patent and will have a code review with an external 3rd party. We will grant them our code access after NDA. Regarding pdbft it was there and we achieved consensus globally from 200 nodes to 400 nodes to 1000 nodes step by step. It‘s concrete and solid.\n\t\t\t\nQ2:\tAny updates about patents? Will the code be available for public this month?\nA2:\tWe don't have the open source plan this month. We are testing our network and preparing for testnet 2.0.\n\t\t\t\nQ3:\tAny idea if PCHAIN is using address bound subchains like the ethereum sharding proposal?\nA3:\tI don't think it similar to Etherum sharding we are multichain instead of single chain. This is a structure level difference.\n\t\t\t\nQ4:\tHow did you reduced to communication cost from O(N^2）to O(N) ? \nA4:\tGenerally it rely on signature compression.\n\t\t\t\nQ5:\tWhat was the average block size when you reached the 120k+ tps?\nA5:\tAs we adopt multichain the blocksize are just normal size. the way to accelerate the tps are multi blocks generated in the same time. We can furthur tuning larger block to generate higher tps in real applications\n\t\t\t\nQ6:\tHow many years you are working on pdbft consensus?\nA6:\tI worked in blockchain/consensus algorithm for 4 years. I worked in new algorithm design for 12 years. Regarding pdbft itself, it took me and my team around 8 month.\n\t\t\t\nQ7:\tAny target date to release testnet 2.0? What is the new feature of testnet 2.0?\nA7:\tAround the end of Nov, we hope the Junction Digital Nation Hackthon can use our testnet 2.0 directly. The new feature of testnet 2.0 is not finalized.\n\t\t\t\nQ8:\tDoes the team have the idea to simplify the programming of smart contracts? Maybe make a visual editor?\nA8:\tDefinitely yes. In addition, we are collaborating with security team to build a safer complier to automatically detect some existing bugs of smart contract.\n\t\t\t\nQ9:\tAll major companies that develop tech like microsoft, apple etc, they even develop big apps on their OS to get started and show what their product can do. Do you plan to develop daap on PCHAIN in the future to show the world how good PCHAIN really is?\nA9:\tIn fact, our partners have already done a lot of DApp in mobile, eg in our testnet launch event, UDap show their Dapp on mobile working very well in our testnet.\n\t\t\t\nQ10:\tDo you use Graphene (or similar) technology to lighten the weight of your transactions?\nA10:\tWe have some aggressive plan eg to design new state merkle tree structures, to create lightweight block structure to facilitate the interoperability between child chains and main chain.\n\t\t\t\nQ11:\tCould you detail the exact release of the totality of the tokens in what dates, where will they be allocated and what will be their uses, since it represents 65% of the total circulating and I don't see that it has been detailed in your Whitepaper.\nA11:\t65% includes POS mining, foundation and team. Currently, all of them are locked as the top 3 address in PCHAIN ERC20 contract.\n\t\t\t\nQ12:\tThere is lack of understanding, of what these smart contract platforms can really solve. Any thoughts on how you gonna address that? I would love to see some basic solidity templates/videos, so that i can get and set data through my own website.\nA12:\tIf you take the coin/token as money, you can regard smart contract as an executable contract with your biz partner. In near future, we may no longer sign the contract with our partner in paper. We can simply sign a smart contract and more important thing is this contract will execute automatically by pre defined conditions. Through these contract, all our biz model and economic will be changed. it will be more efficient and globalized.\n\t\t\t\nQ13:\tNow Ethereum are changing from EVM to eWASM, how will this impact on your plan for PCHAIN?\nA13:\tNot too much, you will see it takes time.\n\t\t\t\nQ14:\tDo you still plan to use EVM even though it will no longer be used?\nA14:\tI don’t think it will change suddenly in most of the cases, etherum will keep it compatible with EVM. Otherwise, it will introduce great trouble, eg. to all existing ERC20 tokens.\n\t\t\t\nQ15:\tIf business partners want to make changes to a smart contract, how do they do it?\nA15:\tIt will change graduately just as e-commerce changed our life.\n\t\t\t\nQ16:\tSo you are splitting up the network into \"areas\" by childchain and have nodes dedicated to each area? --> Therefore you can multiply the total throughput of the network by the number of areas.  --> If you had 120tps before (because one node could only handle 120tps) then you split the network into 1k areas, each area could do 120tps and you would get a total tps of 120k in the network because nodes can send transactions between them?\nA16:\tCorrect, this is a basic idea. The hardest part is how to make them collaboration/interoperable.\n\t\t\t\nQ17:\tWhen you think established businesses will built with PCHAIN? Direct after mainnet launch, or a few months later?\nA17:\tWe already built our biz on PCHAIN with our partners and we are also planning several Enterprise applications ourselves.\n\t\t\t\nQ18:\tDo you think you're in direct competition with other up and coming blockchains (quarkchain, zilliqa, etc)? How do you see the process of PCHAIN's adoption by businesses/people? Do you plan to reach out to them and offer your services or do you expect that they'll come to you?\nA18:\tEvery blockchain has great opportunity as the blockchain era is in very early stage. we haven’t found the “google, amazon, facebook and uber” in blockchain space.\n\n\n— — — — — — — — — THE END — — — — — — — — — \n\nThank you for reading!\nPCHAIN will hold AMA with Dr. Feng Cao on telegram every Tuesday from 10 pm to 11 pm (Singapore time). See you next week!\n\n**Welcome to learn PCHAIN at:**\n Telegram 1: https://t.me/pchain_org\n Telegram 2: https://t.me/pchain_org2\n Telegram (Chinese Community): https://t.me/pchain_CN\n Telegram (Russian Community): https://t.me/PCHAINRussia\n Telegram (Germany Community): https://t.me/pchain_org_de\n Telegram Announcement Channel: https://t.me/pchain_org_ann\n Medium: https://medium.com/@PCHAIN\n Steemit: https://steemit.com/@pchain\n Reddit: https://www.reddit.com/r/Pchain_Org_Official/\n Twitter: https://twitter.com/pchain_org\n Founder/CEO’s Twitter: https://twitter.com/jeff_fengcao",
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      "body": " @pchain, I gave you a vote!<br>If you follow me, I will also follow you in return!<br>Enjoy some !popcorn courtesy of @nextgencrypto!",
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