Upbit Supports Hard Fork, Partner with Cassava Network, Iustitia Coin, Wale Swap and xhashtag.soul

Key points:

  • Upbit announced the suspending of withdrawals/deposits for the REI hard fork
  • Cassava Network, Iustitia Coin, Wale Swap and xhashtag.soul joined forces with REI Network

A. Product Development Progress

REI-CORE

-Test extraData upgrade @50%

-Maintain mainnet gnosis docker @100%

-Solve the problem that gxc witness_node cannot be synchronized on Binance @100%

REI-DAO

-Assist validator operators in upgrading and checking @50%

-Solve the problem of block missing for validators and write migration documents @50%

-REI DAO SAFE function is under development, validator operators can manage nodes through multi-sig wallets to increase security @20%.

-Delete data of three validators and replace them with snapshot validators while heavy data on REI Network testnet validator @100%

B. Operational Progress

  • Upbit has announced the suspending of withdrawals/deposits after the REI Network hardfork on Oct 11. Details: https://upbit.com/service_center/notice?id=3771. Duration: 3:00 AM, Oct 11, UTC — until separate announcement after confirming the stability of REI hardfork.

C. Ecosystem

  • Excited to have Iustitia Coin join forces with us to create a powerful synergy in the blockchain world. REI Network EVM compatibility will enhance IustitiaCoin’s efficiency, while IustitiaCoin’s green payment system will contribute to REI’s eco-friendliness. Together, we’ll revolutionize blockchain tech and drive sustainable innovation! Details:https://twitter.com/GXChainGlobal/status/1710153367648124993.
  • Welcome xhashtag.soul, a unique Web3 Identity & Reputation platform to our ecosystem! Bringing REI Network’s lightning-fast, zero-fee transactions to xhashtag.soul to enable seamless reputation and skill badge collection. Details: https://twitter.com/GXChainGlobal/status/1710553482825236828.
  • We are happy to announce that Wale Swap — a DEX and Launchpad for mass adoption on Base through Telegram & Discord. Together, we’re shaping the future of the crypto ecosystem. Stay tuned for what’s to come! Details: https://twitter.com/WaleSwap_/status/1709796269613543748.
  • REI Network and Cassava Network are joining forces to supercharge the blockchain ecosystem. Cassava Network, Africa’s web3 giant, harnesses this power to offer users even more opportunities for income generation through tasks, quizzes, and walking. Let’s build an exciting web3 world! Details: https://twitter.com/GXChainGlobal/status/1709434511501763014.

Join the REI Network Community

REI Network is an EVM-compatible public blockchain. As an Ethereum para chain, it owns the features of 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.