PCHAIN (PAI) Weekly Progress Report (2018/06/07–2018/06/14)

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

A. Community Rewarding
PCHAIN (PAI) World Premiere on Bibox, Millions of Awards to Give Away.
During 2018.06.01 16:00 - 2018.06.08 16:00 (GMT+8), the top 1000 users trading PAI/BTC, PAI/ETH with trade volume (Buy+Sell) reaches 3000 PAI will get 30~30000 PAI at random. And the other users whose trading volume (Buy+Sell) reaches 3000 PAI will get 10~10000 PAI at random.
Congratulations to all the winners!
More details: https://bibox.zendesk.com/hc/en-us/articles/360005494773--Event-PAI-Event-Has-Now-Concluded

B. Airdrop Preview
PCHAIN Airdrop Preview
🏆A total amount of 254,000 PAI will be rewarded to our communities! 🏆
The token distribution will be based on the amount of your referrals. The top 20 members with the most referrals will get 1000 PAI each. The following 21-200,000 members will win great prizes too!
Please stay tuned for further details.
More details: https://twitter.com/pchain_org/status/1007102556881936385

C. Development Progress
The team keeps improving the testnet. A few major improvements include:

1. our testnet has been extended to 72 nodes; reach consensus and generate blocks successfully,
2. developed the code of depositing/withdrawing balance between main chain and child chain(will run & debug soon),
3. designed new crypto curve to reduce the sign data volume,
4. discussed new standards to create a new child chain based on the existing prototype,
5. keep improving internal auto-test framework.

D. Conferences and Talks
Dr Feng Cao (Jeff) given a Blockchain Lecture to China Securities Regulatory Commission of Jiangsu Province/State.
The PCHAIN Founder and CEO was invited to give a blockchain lecture to high-level authorities and government officials from the China Securities Regulatory Commission of Jiangsu Province/State about Blockchain and how Blockchain is revolving around the financial industry.
Dr Feng Cao (Jeff) has accepted their invitation and spoke to them on the 11th of June at 2pm China time.
D. Conferences and Talks
Dr Feng Cao (Jeff) given a Blockchain Lecture to China Securities Regulatory Commission of Jiangsu Province/State.
The PCHAIN Founder and CEO was invited to give a blockchain lecture to high-level authorities and government officials from the China Securities Regulatory Commission of Jiangsu Province/State about Blockchain and how Blockchain is revolving around the financial industry.
Dr Feng Cao (Jeff) has accepted their invitation and spoke to them on the 11th of June at 2pm China time.

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!

Do take note: anything written in this article is not an investment advice, you are to do your own research and due diligence. The writer owns cryptocurrency and may be bias to certain crypto projects.

Join PCHAIN’s ever growing community at the following links:
Telegram: https://t.me/pchain_org
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/user/pchain_org
Twitter: https://twitter.com/pchain_org
Founder/CEO’s Twitter: https://twitter.com/jeff_fengcao