8BTC’s staking and services platform MatPool has reached a strategic partnership with Wanchain and announced its intention to operate a Galaxy Consensus PoS Node. In accordance with Wanchain’s 2019 roadmap, the alpha version of the new Galaxy Consensus mechanism is scheduled to go online by the end of the month. MatPool will participate as one of the initial testers of the alpha version when it launches on the testnet. The new consensus mechanism is scheduled to go live on the mainnet by the end of the year. After the mainnet launch, MatPool will begin offering delegation services to both individual and institutional users.
8BTC’s MatPool was founded in September, 2018 with former Facebook engineer Jin Lei as the project leader and CTO and 8BTC partner Li Zongcheng as COO. MatPool is a rapidly expanding project powered by a team of senior and artificial intelligence experts. According to MatPool COO Li Zongcheng, MATPool’s mission is to “combine computing, consensus, and value” to establish a “ computing and super-node service platform” to serve participants in various consensus mechanisms.
Wanchain is honored to work with such a high quality domestic project, and the two parties are committed to working together to promote the development of PoS consensus and the greater ecosystem. As a multiple currency platform, MatPool is a one stop for PoW protocols such as that of and Zcash, as well as staking protocols including PoS, DPoS, and others.
About MatPool
is 8BTC’s and staking services platform. MatPool is dedicated to creating, discovering, and sharing value in the new economy by providing a safe, stable, and reliable operating environment for participation in a wide array of consensus protocols. MatPool provides technical services for a variety of public chains, while also working to popularize and promote its .
About Galaxy Consensus
is the new proof of stake consensus mechanism proposed by Wanchain’s research team in their released on March 31st, 2019. It has a delegation mechanism similar to that of and Tezos (this model is quite distinct from the DPoS model used in ). Galaxy Consensus is a practical PoS consensus protocol with a robust delegation mechanism which draws on the work of previous proof of stake protocols such as ’s Ouroboros while also improving in a number of key areas such as random oracle and leader selection design.
About Wanchain
Wanchain is the infrastructure connecting the decentralized financial world. Wanchain’s live cross- solution is EVM-based, includes optional private transactions, and provides a decentralized, permissionless, and secure approach for interoperability. Wanchain has employees globally with teams in Beijing (), Austin (USA), London (UK), Kuala Lumpur (Malaysia), Paris (France), and Madrid (Spain).
You can find more information about Wanchain on our . Additionally, you can reach us through , , , , and . You can also sign up for our monthly email newsletter .
Published at Tue, 14 May 2019 05:25:03 +0000