Progress Report Oct 17-Oct 24
Key points:
- REI Network x Binary x MetaTdex co-giveaway
- ScaleBit, ULTILAND, and Decibling joined forces with REI Network
A. Product Development Progress
REI-CORE
-Statistics of block size before and after the fork @100%
-The nodes on the mainnet graphnode machine are converted to snap nodes and the node historical data is deleted @100%
REI-DAO
-Adding admin permissions to safe rei dao @100%
-REI DAO SAFE function is under development, node operators can manage nodes through multi-sig wallets to increase 80% security @100%
B. Operational Progress
- The recent upgrade on the BLS signature algorithm has brought several key advantages to REI Network. One notable improvement is the optimization of block space usage. As a result, it significantly reduces the disk space required for each block, enhancing the efficiency and availability of the entire blockchain system. Ultimately, this upgrade provides a better experience for both validators and users. Details: https://twitter.com/GXChainGlobal/status/1714911344162705628.
- REI Network x Binary x MetaTdex Airdrop for DeNet Web3 Builders Party. Rewards: 200 USDT up for grabs. Sponsor: REI Network. Click here to win the rewards: https://denet.me/m/b0cKJT.
C. Ecosystem
- We’re glad to share that now REI Network teams up with ScaleBit, renowned for top-notch security audits. Leveraging extensive experience for blockchain interoperability and zero-knowledge proofs from ScaleBit, we’re making blockchain safer and more accessible! Details: https://twitter.com/GXChainGlobal/status/1714906559338414360.
- REI Network and ULTILAND are joining forces to revolutionize the NFT space! REI NetworkI’s EVM-compatible blockchain will empower ULTILAND’s artists with a developer-friendly platform for their creations. Get ready for a seamless fusion of art and blockchain technology! Details: https://twitter.com/GXChainGlobal/status/1714894081040830765.
- We are excited to team up with Decibling to create a harmonious blockchain ecosystem! REI Network’s high-performance framework will provide the ideal stage for Decibling, enabling seamless transactions for artists, fans, and collectors. Decibling’s direct exchange of value complements REI Network’s DeFi and NFT capabilities. Together, we’ll revolutionize how the creative world interacts with blockchain technology.
Join the REI Network Community
REI Network is an EVM-compatible public blockchain. As an Ethereum para chain, it owns features that are lightweight, free, and dev-friendly. REI Network is to effectively solve the current high-cost and low-efficiency problems of public chains. Therefore, REI Network 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.